Magnesium Hydroxide Market Scope and Size by 2031
Magnesium hydroxide refers to an inorganic compound that is obtained by the process of precipitation occurring between magnesium salts and sodium or between ammonium hydroxide and potassium. Magnesium hydroxide has a chemical formula Mg (OH)2. Industrial or commercial magnesium hydroxide is manufactured chemically from brine or seawater. As it has a milk-like appearance, magnesium hydroxide is also called milk of magnesia. It is less soluble in water and has low corrosiveness and low toxicity.
MARKET DYNAMICS
An increase in industrial application and rising demand from the water industry is driving the growth of the magnesium hydroxide market. Besides this, the use of magnesium hydroxide in construction and building material also drives the market growth. However, strict government regulations pertaining to the use of magnesium hydroxide in the food industry restricts market growth. The preference given to magnesium hydroxide as an alternative in bleaching application is expected to boost the demand for magnesium hydroxide in the years to come.
MARKET SCOPE
The "Global Magnesium Hydroxide Market Analysis to 2031" is a specialized and in-depth study of the Chemicals and Materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the magnesium hydroxide market with detailed market segmentation by purity level, product form, application, end use industry and geography. The global magnesium hydroxide market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading magnesium hydroxide market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global magnesium hydroxide market is segmented on the basis of purity level, product form, application and end use industry. On the application of purity level, the magnesium hydroxide market is segmented into 90%-95% and 96%-100%. As per product form the market is bifurcated into slurry, powder, fine particles and others. The market as per application is broken into flame retardant, environment protection, pharmaceutical ingredient and others. Finally, as per end user industry the magnesium hydroxide market is classified into industrial, municipal, pharmaceutical and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global magnesium hydroxide market based on various segments. It also provides market size and forecast estimates from the year 2021to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The magnesium hydroxide market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the magnesium hydroxide market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the magnesium hydroxide market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global magnesium hydroxide market based on various segments. It also provides market size and forecast estimates from the year 2021to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The magnesium hydroxide market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the magnesium hydroxide market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the magnesium hydroxide market in these regions.
MARKET PLAYERS
The reports cover key developments in the magnesium hydroxide market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from magnesium hydroxide market are anticipated to lucrative growth opportunities in the future with the rising demand for magnesium hydroxide market in the global market. Below mentioned is the list of few companies engaged in the magnesium hydroxide market.
he report also includes the profiles of key companies along with their SWOT analysis and market strategies in the magnesium hydroxide market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Huber Engineered Materials
- Kyowa Chemical Industry Co. Ltd.
- Lehmann & Voss & Co KG
- Martin Marietta Materials Inc.
- Nabaltec AG
- Nedmag Industries Mining & Manufacturing B.V.
- Premier Magnesia, LLC
- Tateho Chemical Industries Co. Ltd.
- Ube Industries Ltd.
- Xinyang Mineral Group
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Magnesium Hydroxide Market - By Purity Level
1.3.2 Magnesium Hydroxide Market - By Product Form
1.3.3 Magnesium Hydroxide Market - By Application
1.3.4 Magnesium Hydroxide Market - By End Use Industry
1.3.5 Magnesium Hydroxide Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. MAGNESIUM HYDROXIDE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. MAGNESIUM HYDROXIDE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. MAGNESIUM HYDROXIDE MARKET - GLOBAL MARKET ANALYSIS
6.1. MAGNESIUM HYDROXIDE - GLOBAL MARKET OVERVIEW
6.2. MAGNESIUM HYDROXIDE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. MAGNESIUM HYDROXIDE MARKET - REVENUE AND FORECASTS TO 2028 - PURITY LEVEL
7.1. OVERVIEW
7.2. PURITY LEVEL MARKET FORECASTS AND ANALYSIS
7.3. 90%-95%
7.3.1. Overview
7.3.2. 90%-95% Market Forecast and Analysis
7.4. 96%-100%
7.4.1. Overview
7.4.2. 96%-100% Market Forecast and Analysis
8. MAGNESIUM HYDROXIDE MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT FORM
8.1. OVERVIEW
8.2. PRODUCT FORM MARKET FORECASTS AND ANALYSIS
8.3. SLURRY
8.3.1. Overview
8.3.2. Slurry Market Forecast and Analysis
8.4. POWDER
8.4.1. Overview
8.4.2. Powder Market Forecast and Analysis
8.5. FINE PARTICLES
8.5.1. Overview
8.5.2. Fine Particles Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. MAGNESIUM HYDROXIDE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. FLAME RETARDANT
9.3.1. Overview
9.3.2. Flame Retardant Market Forecast and Analysis
9.4. ENVIRONMENT PROTECTION
9.4.1. Overview
9.4.2. Environment Protection Market Forecast and Analysis
9.5. PHARMACEUTICAL INGREDIENT
9.5.1. Overview
9.5.2. Pharmaceutical Ingredient Market Forecast and Analysis
9.6. OTHERS
9.6.1. Overview
9.6.2. Others Market Forecast and Analysis
10. MAGNESIUM HYDROXIDE MARKET - REVENUE AND FORECASTS TO 2028 - END USE INDUSTRY
10.1. OVERVIEW
10.2. END USE INDUSTRY MARKET FORECASTS AND ANALYSIS
10.3. INDUSTRIAL
10.3.1. Overview
10.3.2. Industrial Market Forecast and Analysis
10.4. MUNICIPAL
10.4.1. Overview
10.4.2. Municipal Market Forecast and Analysis
10.5. PHARMACEUTICAL
10.5.1. Overview
10.5.2. Pharmaceutical Market Forecast and Analysis
10.6. OTHERS
10.6.1. Overview
10.6.2. Others Market Forecast and Analysis
11. MAGNESIUM HYDROXIDE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Magnesium Hydroxide Market Overview
11.1.2 North America Magnesium Hydroxide Market Forecasts and Analysis
11.1.3 North America Magnesium Hydroxide Market Forecasts and Analysis - By Purity Level
11.1.4 North America Magnesium Hydroxide Market Forecasts and Analysis - By Product Form
11.1.5 North America Magnesium Hydroxide Market Forecasts and Analysis - By Application
11.1.6 North America Magnesium Hydroxide Market Forecasts and Analysis - By End Use Industry
11.1.7 North America Magnesium Hydroxide Market Forecasts and Analysis - By Countries
11.1.7.1 United States Magnesium Hydroxide Market
11.1.7.1.1 United States Magnesium Hydroxide Market by Purity Level
11.1.7.1.2 United States Magnesium Hydroxide Market by Product Form
11.1.7.1.3 United States Magnesium Hydroxide Market by Application
11.1.7.1.4 United States Magnesium Hydroxide Market by End Use Industry
11.1.7.2 Canada Magnesium Hydroxide Market
11.1.7.2.1 Canada Magnesium Hydroxide Market by Purity Level
11.1.7.2.2 Canada Magnesium Hydroxide Market by Product Form
11.1.7.2.3 Canada Magnesium Hydroxide Market by Application
11.1.7.2.4 Canada Magnesium Hydroxide Market by End Use Industry
11.1.7.3 Mexico Magnesium Hydroxide Market
11.1.7.3.1 Mexico Magnesium Hydroxide Market by Purity Level
11.1.7.3.2 Mexico Magnesium Hydroxide Market by Product Form
11.1.7.3.3 Mexico Magnesium Hydroxide Market by Application
11.1.7.3.4 Mexico Magnesium Hydroxide Market by End Use Industry
11.2. EUROPE
11.2.1 Europe Magnesium Hydroxide Market Overview
11.2.2 Europe Magnesium Hydroxide Market Forecasts and Analysis
11.2.3 Europe Magnesium Hydroxide Market Forecasts and Analysis - By Purity Level
11.2.4 Europe Magnesium Hydroxide Market Forecasts and Analysis - By Product Form
11.2.5 Europe Magnesium Hydroxide Market Forecasts and Analysis - By Application
11.2.6 Europe Magnesium Hydroxide Market Forecasts and Analysis - By End Use Industry
11.2.7 Europe Magnesium Hydroxide Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Magnesium Hydroxide Market
11.2.7.1.1 Germany Magnesium Hydroxide Market by Purity Level
11.2.7.1.2 Germany Magnesium Hydroxide Market by Product Form
11.2.7.1.3 Germany Magnesium Hydroxide Market by Application
11.2.7.1.4 Germany Magnesium Hydroxide Market by End Use Industry
11.2.7.2 France Magnesium Hydroxide Market
11.2.7.2.1 France Magnesium Hydroxide Market by Purity Level
11.2.7.2.2 France Magnesium Hydroxide Market by Product Form
11.2.7.2.3 France Magnesium Hydroxide Market by Application
11.2.7.2.4 France Magnesium Hydroxide Market by End Use Industry
11.2.7.3 Italy Magnesium Hydroxide Market
11.2.7.3.1 Italy Magnesium Hydroxide Market by Purity Level
11.2.7.3.2 Italy Magnesium Hydroxide Market by Product Form
11.2.7.3.3 Italy Magnesium Hydroxide Market by Application
11.2.7.3.4 Italy Magnesium Hydroxide Market by End Use Industry
11.2.7.4 United Kingdom Magnesium Hydroxide Market
11.2.7.4.1 United Kingdom Magnesium Hydroxide Market by Purity Level
11.2.7.4.2 United Kingdom Magnesium Hydroxide Market by Product Form
11.2.7.4.3 United Kingdom Magnesium Hydroxide Market by Application
11.2.7.4.4 United Kingdom Magnesium Hydroxide Market by End Use Industry
11.2.7.5 Russia Magnesium Hydroxide Market
11.2.7.5.1 Russia Magnesium Hydroxide Market by Purity Level
11.2.7.5.2 Russia Magnesium Hydroxide Market by Product Form
11.2.7.5.3 Russia Magnesium Hydroxide Market by Application
11.2.7.5.4 Russia Magnesium Hydroxide Market by End Use Industry
11.2.7.6 Rest of Europe Magnesium Hydroxide Market
11.2.7.6.1 Rest of Europe Magnesium Hydroxide Market by Purity Level
11.2.7.6.2 Rest of Europe Magnesium Hydroxide Market by Product Form
11.2.7.6.3 Rest of Europe Magnesium Hydroxide Market by Application
11.2.7.6.4 Rest of Europe Magnesium Hydroxide Market by End Use Industry
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Magnesium Hydroxide Market Overview
11.3.2 Asia-Pacific Magnesium Hydroxide Market Forecasts and Analysis
11.3.3 Asia-Pacific Magnesium Hydroxide Market Forecasts and Analysis - By Purity Level
11.3.4 Asia-Pacific Magnesium Hydroxide Market Forecasts and Analysis - By Product Form
11.3.5 Asia-Pacific Magnesium Hydroxide Market Forecasts and Analysis - By Application
11.3.6 Asia-Pacific Magnesium Hydroxide Market Forecasts and Analysis - By End Use Industry
11.3.7 Asia-Pacific Magnesium Hydroxide Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Magnesium Hydroxide Market
11.3.7.1.1 Australia Magnesium Hydroxide Market by Purity Level
11.3.7.1.2 Australia Magnesium Hydroxide Market by Product Form
11.3.7.1.3 Australia Magnesium Hydroxide Market by Application
11.3.7.1.4 Australia Magnesium Hydroxide Market by End Use Industry
11.3.7.2 China Magnesium Hydroxide Market
11.3.7.2.1 China Magnesium Hydroxide Market by Purity Level
11.3.7.2.2 China Magnesium Hydroxide Market by Product Form
11.3.7.2.3 China Magnesium Hydroxide Market by Application
11.3.7.2.4 China Magnesium Hydroxide Market by End Use Industry
11.3.7.3 India Magnesium Hydroxide Market
11.3.7.3.1 India Magnesium Hydroxide Market by Purity Level
11.3.7.3.2 India Magnesium Hydroxide Market by Product Form
11.3.7.3.3 India Magnesium Hydroxide Market by Application
11.3.7.3.4 India Magnesium Hydroxide Market by End Use Industry
11.3.7.4 Japan Magnesium Hydroxide Market
11.3.7.4.1 Japan Magnesium Hydroxide Market by Purity Level
11.3.7.4.2 Japan Magnesium Hydroxide Market by Product Form
11.3.7.4.3 Japan Magnesium Hydroxide Market by Application
11.3.7.4.4 Japan Magnesium Hydroxide Market by End Use Industry
11.3.7.5 South Korea Magnesium Hydroxide Market
11.3.7.5.1 South Korea Magnesium Hydroxide Market by Purity Level
11.3.7.5.2 South Korea Magnesium Hydroxide Market by Product Form
11.3.7.5.3 South Korea Magnesium Hydroxide Market by Application
11.3.7.5.4 South Korea Magnesium Hydroxide Market by End Use Industry
11.3.7.6 Rest of Asia-Pacific Magnesium Hydroxide Market
11.3.7.6.1 Rest of Asia-Pacific Magnesium Hydroxide Market by Purity Level
11.3.7.6.2 Rest of Asia-Pacific Magnesium Hydroxide Market by Product Form
11.3.7.6.3 Rest of Asia-Pacific Magnesium Hydroxide Market by Application
11.3.7.6.4 Rest of Asia-Pacific Magnesium Hydroxide Market by End Use Industry
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Magnesium Hydroxide Market Overview
11.4.2 Middle East and Africa Magnesium Hydroxide Market Forecasts and Analysis
11.4.3 Middle East and Africa Magnesium Hydroxide Market Forecasts and Analysis - By Purity Level
11.4.4 Middle East and Africa Magnesium Hydroxide Market Forecasts and Analysis - By Product Form
11.4.5 Middle East and Africa Magnesium Hydroxide Market Forecasts and Analysis - By Application
11.4.6 Middle East and Africa Magnesium Hydroxide Market Forecasts and Analysis - By End Use Industry
11.4.7 Middle East and Africa Magnesium Hydroxide Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Magnesium Hydroxide Market
11.4.7.1.1 South Africa Magnesium Hydroxide Market by Purity Level
11.4.7.1.2 South Africa Magnesium Hydroxide Market by Product Form
11.4.7.1.3 South Africa Magnesium Hydroxide Market by Application
11.4.7.1.4 South Africa Magnesium Hydroxide Market by End Use Industry
11.4.7.2 Saudi Arabia Magnesium Hydroxide Market
11.4.7.2.1 Saudi Arabia Magnesium Hydroxide Market by Purity Level
11.4.7.2.2 Saudi Arabia Magnesium Hydroxide Market by Product Form
11.4.7.2.3 Saudi Arabia Magnesium Hydroxide Market by Application
11.4.7.2.4 Saudi Arabia Magnesium Hydroxide Market by End Use Industry
11.4.7.3 U.A.E Magnesium Hydroxide Market
11.4.7.3.1 U.A.E Magnesium Hydroxide Market by Purity Level
11.4.7.3.2 U.A.E Magnesium Hydroxide Market by Product Form
11.4.7.3.3 U.A.E Magnesium Hydroxide Market by Application
11.4.7.3.4 U.A.E Magnesium Hydroxide Market by End Use Industry
11.4.7.4 Rest of Middle East and Africa Magnesium Hydroxide Market
11.4.7.4.1 Rest of Middle East and Africa Magnesium Hydroxide Market by Purity Level
11.4.7.4.2 Rest of Middle East and Africa Magnesium Hydroxide Market by Product Form
11.4.7.4.3 Rest of Middle East and Africa Magnesium Hydroxide Market by Application
11.4.7.4.4 Rest of Middle East and Africa Magnesium Hydroxide Market by End Use Industry
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Magnesium Hydroxide Market Overview
11.5.2 South and Central America Magnesium Hydroxide Market Forecasts and Analysis
11.5.3 South and Central America Magnesium Hydroxide Market Forecasts and Analysis - By Purity Level
11.5.4 South and Central America Magnesium Hydroxide Market Forecasts and Analysis - By Product Form
11.5.5 South and Central America Magnesium Hydroxide Market Forecasts and Analysis - By Application
11.5.6 South and Central America Magnesium Hydroxide Market Forecasts and Analysis - By End Use Industry
11.5.7 South and Central America Magnesium Hydroxide Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Magnesium Hydroxide Market
11.5.7.1.1 Brazil Magnesium Hydroxide Market by Purity Level
11.5.7.1.2 Brazil Magnesium Hydroxide Market by Product Form
11.5.7.1.3 Brazil Magnesium Hydroxide Market by Application
11.5.7.1.4 Brazil Magnesium Hydroxide Market by End Use Industry
11.5.7.2 Argentina Magnesium Hydroxide Market
11.5.7.2.1 Argentina Magnesium Hydroxide Market by Purity Level
11.5.7.2.2 Argentina Magnesium Hydroxide Market by Product Form
11.5.7.2.3 Argentina Magnesium Hydroxide Market by Application
11.5.7.2.4 Argentina Magnesium Hydroxide Market by End Use Industry
11.5.7.3 Rest of South and Central America Magnesium Hydroxide Market
11.5.7.3.1 Rest of South and Central America Magnesium Hydroxide Market by Purity Level
11.5.7.3.2 Rest of South and Central America Magnesium Hydroxide Market by Product Form
11.5.7.3.3 Rest of South and Central America Magnesium Hydroxide Market by Application
11.5.7.3.4 Rest of South and Central America Magnesium Hydroxide Market by End Use Industry
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. MAGNESIUM HYDROXIDE MARKET, KEY COMPANY PROFILES
13.1. HUBER ENGINEERED MATERIALS
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. KYOWA CHEMICAL INDUSTRY CO. LTD.
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. LEHMANN AND VOSS AND CO. KG
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. MARTIN MARIETTA MATERIALS INC.
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. NABALTEC AG
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. NEDMAG INDUSTRIES MINING AND MANUFACTURING B.V.
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. PREMIER MAGNESIA, LLC
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. TATEHO CHEMICAL INDUSTRIES CO. LTD.
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. UBE INDUSTRIES LTD.
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. XINYANG MINERAL GROUP
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
1. Huber Engineered Materials
2. Kyowa Chemical Industry Co. Ltd.
3. Lehmann and Voss and Co. KG
4. Martin Marietta Materials Inc.
5. Nabaltec AG
6. Nedmag Industries Mining and Manufacturing B.V.
7. Premier Magnesia, LLC
8. Tateho Chemical Industries Co. Ltd.
9. Ube Industries Ltd.
10. Xinyang Mineral Group
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.