Monochlorobenzene Market Size - Growth, Share by 2031
The Monochlorobenzene Market is expected to register a CAGR of 4% from 2024 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by Application (Polyphenylene Sulfide, Nitrochlorobenzenes, Polysulfone Polymers, Solvents, Room and Sanitary Deodorants, and Others). The report presents analysis based on End Use Industry (Chemicals, Pharmaceutical, Rubber, Paints and Coatings, Agriculture, and Others). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Monochlorobenzene Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Monochlorobenzene Market Segmentation
Application- Polyphenylene Sulfide
- Nitrochlorobenzenes
- Polysulfone Polymers
- Solvents
- Room and Sanitary Deodorants
- Chemicals
- Pharmaceutical
- Rubber
- Paints and Coatings
- Agriculture
Strategic Insights
Monochlorobenzene Market Growth Drivers- Application in Pharmaceuticals Synthesis: The major growth driver of monochlorobenzene market is pharmaceutical synthesis. Monochlorobenzene is widely utilized as an intermediate in a significant number of pharmaceuticals, including Active Pharmaceutical Ingredients. Hence, with the development of the pharmaceutical industry, this chemical will also attract good demand, hence affecting positively for the market prospects.
- Increasing Need for High-Quality Intermediates Boosts Market Growth: Highly quality intermediates like monochlorobenzene are in very much demand due to the continuous development of the newer drugs and therapies. It is also largely consumed in the synthesis of compounds such as analgesics and anti-inflammatory drugs. In fact, in addition to the increase in the investment by pharmaceutical companies for research and development, the dependency on monochlorobenzene increases significantly for the effective synthesis, thereby piling up its market demand in turn.
- Rising Generic Drug Demand Further Expands Monochlorobenzene's Role: Moreover, the increasing demand for generic drugs also increases the demand for monochlorobenzene. As more manufacturers come into production to produce low-priced generics, there already is an even higher requirement for a synthesis process which is reliable and efficient in the production process. This only further hampers market growth for monochlorobenzene as this strengthens its value in the pharmaceutical supply chain.
- Growth of Manufacturing Sector in Asia Pacific: Expansion in the Asia-Pacific region in manufacturing activities provides significant opportunities for monochlorobenzene. Industrial capacities in Asian countries of China, India, and Japan are still expanding, and the resultant chemical intermediates used in those industries require more monochlorobenzene. All these industries have grown strongly and are likely to perform similarly in the near future.
- Pharmaceutical Industry Expansion in Asia Strengthens Monochlorobenzene Need: With a rise in pharmaceutical productions, pharmaceutical industries are requiring good intermediates like monochlorobenzene. Adding health care improvements and high investment in pharmaceuticals by Asian-Pacific countries makes the demand stronger. Further reliable and effective synthesis processes will generate the demand for continued expansion of pharmaceutical companies.
- Agrochemical Industry Growth in Asia Increases Monochlorobenzene Consumption: Other drivers for growth in the market size of monochlorobenzene will be the growth of the agrochemical industry in this region. Monochlorobenzene is used in the formulation of many agrochemicals, herbicides, and pesticides as an intermediate. Alongside this growth in demand for crop protection products over time will be a corresponding need for more quantity of the product, monochlorobenzene, in agrochemical formulations.
- Adoption of Green chemistry: Such enormous growth opportunities the green chemistry adoption is posing before the world to adopt monochlorobenzene. Industries have taken interest in sustainable practices, and demand for safer and more environment-friendly chemical processes has been building. Being a key intermediate for various applications, monochlorobenzene is found to be evaluated about its environmental impact and, hence, leads to innovations in production methods.
- Sustainable Manufacturing Practices Boost Demand for Environmentally Friendly Monochlorobenzene: Green chemistry focus is on renewable resources and minimal waste and harmful substances. Manufacturers try greener alternatives for the traditional synthesis method that could include monochlorobenzene to make it appealing for a market shifting toward sustainability. This trend creates a shift in innovation toward more efficient processes using monochlorobenzene with reduced environmental risks.
- Regulatory Pressures Accelerate Shift Towards Greener Monochlorobenzene Production: Second, regulatory pressures are compelling firms to adopt the principles of green chemistry. Tightening environmental regulations are forcing chemical manufacturers to identify safer alternatives, and further, to improve their sustainability profiles. Therefore, the need for greener processes in the chemical production process will lend upward pressure on the demand for monochlorobenzene, which is also adaptable to greener processes.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Monochlorobenzene Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Monochlorobenzene Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORKHave a question?
Shejal
Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- 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.
Frequently Asked Questions
Growth of Manufacturing Sector in Asia Pacific is expected to be the key market trends.
Based on geography, Asia Pacific held the largest share of the monochlorobenzene market.
China Petrochemical Corporation, Anhui Bayi Chemical Industry, Chemada Fine Chemicals are some of the key players operating in the monochlorobenzene market
Based on application, polyphenylene sulfide is expected to witness the fastest growth during the forecast period
Application in Pharmaceuticals Synthesis is driving the market growth
The Monochlorobenzene Market is estimated to witness a CAGR of 4% from 2023 to 2031
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Monochlorobenzene Market - By Application
1.3.2 Monochlorobenzene Market - By End use Industry
1.3.3 Monochlorobenzene Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. MONOCHLOROBENZENE 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. MONOCHLOROBENZENE 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. MONOCHLOROBENZENE MARKET - GLOBAL MARKET ANALYSIS
6.1. MONOCHLOROBENZENE - GLOBAL MARKET OVERVIEW
6.2. MONOCHLOROBENZENE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. MONOCHLOROBENZENE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
7.1. OVERVIEW
7.2. APPLICATION MARKET FORECASTS AND ANALYSIS
7.3. POLYPHENYLENE SULFIDE
7.3.1. Overview
7.3.2. Polyphenylene Sulfide Market Forecast and Analysis
7.4. NITROCHLOROBENZENES
7.4.1. Overview
7.4.2. Nitrochlorobenzenes Market Forecast and Analysis
7.5. POLYSULFONE POLYMERS
7.5.1. Overview
7.5.2. Polysulfone Polymers Market Forecast and Analysis
7.6. SOLVENTS
7.6.1. Overview
7.6.2. Solvents Market Forecast and Analysis
7.7. ROOM AND SANITARY DEODORANTS
7.7.1. Overview
7.7.2. Room and Sanitary Deodorants Market Forecast and Analysis
7.8. OTHERS
7.8.1. Overview
7.8.2. Others Market Forecast and Analysis
8. MONOCHLOROBENZENE MARKET - REVENUE AND FORECASTS TO 2028 - END USE INDUSTRY
8.1. OVERVIEW
8.2. END USE INDUSTRY MARKET FORECASTS AND ANALYSIS
8.3. CHEMICALS
8.3.1. Overview
8.3.2. Chemicals Market Forecast and Analysis
8.4. PHARMACEUTICAL
8.4.1. Overview
8.4.2. Pharmaceutical Market Forecast and Analysis
8.5. RUBBER
8.5.1. Overview
8.5.2. Rubber Market Forecast and Analysis
8.6. PAINTS AND COATINGS
8.6.1. Overview
8.6.2. Paints and Coatings Market Forecast and Analysis
8.7. AGRICULTURE
8.7.1. Overview
8.7.2. Agriculture Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. MONOCHLOROBENZENE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Monochlorobenzene Market Overview
9.1.2 North America Monochlorobenzene Market Forecasts and Analysis
9.1.3 North America Monochlorobenzene Market Forecasts and Analysis - By Application
9.1.4 North America Monochlorobenzene Market Forecasts and Analysis - By End use Industry
9.1.5 North America Monochlorobenzene Market Forecasts and Analysis - By Countries
9.1.5.1 United States Monochlorobenzene Market
9.1.5.1.1 United States Monochlorobenzene Market by Application
9.1.5.1.2 United States Monochlorobenzene Market by End use Industry
9.1.5.2 Canada Monochlorobenzene Market
9.1.5.2.1 Canada Monochlorobenzene Market by Application
9.1.5.2.2 Canada Monochlorobenzene Market by End use Industry
9.1.5.3 Mexico Monochlorobenzene Market
9.1.5.3.1 Mexico Monochlorobenzene Market by Application
9.1.5.3.2 Mexico Monochlorobenzene Market by End use Industry
9.2. EUROPE
9.2.1 Europe Monochlorobenzene Market Overview
9.2.2 Europe Monochlorobenzene Market Forecasts and Analysis
9.2.3 Europe Monochlorobenzene Market Forecasts and Analysis - By Application
9.2.4 Europe Monochlorobenzene Market Forecasts and Analysis - By End use Industry
9.2.5 Europe Monochlorobenzene Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Monochlorobenzene Market
9.2.5.1.1 Germany Monochlorobenzene Market by Application
9.2.5.1.2 Germany Monochlorobenzene Market by End use Industry
9.2.5.2 France Monochlorobenzene Market
9.2.5.2.1 France Monochlorobenzene Market by Application
9.2.5.2.2 France Monochlorobenzene Market by End use Industry
9.2.5.3 Italy Monochlorobenzene Market
9.2.5.3.1 Italy Monochlorobenzene Market by Application
9.2.5.3.2 Italy Monochlorobenzene Market by End use Industry
9.2.5.4 Spain Monochlorobenzene Market
9.2.5.4.1 Spain Monochlorobenzene Market by Application
9.2.5.4.2 Spain Monochlorobenzene Market by End use Industry
9.2.5.5 United Kingdom Monochlorobenzene Market
9.2.5.5.1 United Kingdom Monochlorobenzene Market by Application
9.2.5.5.2 United Kingdom Monochlorobenzene Market by End use Industry
9.2.5.6 Russia Monochlorobenzene Market
9.2.5.6.1 Russia Monochlorobenzene Market by Application
9.2.5.6.2 Russia Monochlorobenzene Market by End use Industry
9.2.5.7 Rest of Europe Monochlorobenzene Market
9.2.5.7.1 Rest of Europe Monochlorobenzene Market by Application
9.2.5.7.2 Rest of Europe Monochlorobenzene Market by End use Industry
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Monochlorobenzene Market Overview
9.3.2 Asia-Pacific Monochlorobenzene Market Forecasts and Analysis
9.3.3 Asia-Pacific Monochlorobenzene Market Forecasts and Analysis - By Application
9.3.4 Asia-Pacific Monochlorobenzene Market Forecasts and Analysis - By End use Industry
9.3.5 Asia-Pacific Monochlorobenzene Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Monochlorobenzene Market
9.3.5.1.1 Australia Monochlorobenzene Market by Application
9.3.5.1.2 Australia Monochlorobenzene Market by End use Industry
9.3.5.2 China Monochlorobenzene Market
9.3.5.2.1 China Monochlorobenzene Market by Application
9.3.5.2.2 China Monochlorobenzene Market by End use Industry
9.3.5.3 India Monochlorobenzene Market
9.3.5.3.1 India Monochlorobenzene Market by Application
9.3.5.3.2 India Monochlorobenzene Market by End use Industry
9.3.5.4 Japan Monochlorobenzene Market
9.3.5.4.1 Japan Monochlorobenzene Market by Application
9.3.5.4.2 Japan Monochlorobenzene Market by End use Industry
9.3.5.5 South Korea Monochlorobenzene Market
9.3.5.5.1 South Korea Monochlorobenzene Market by Application
9.3.5.5.2 South Korea Monochlorobenzene Market by End use Industry
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Monochlorobenzene Market Overview
9.4.2 Middle East and Africa Monochlorobenzene Market Forecasts and Analysis
9.4.3 Middle East and Africa Monochlorobenzene Market Forecasts and Analysis - By Application
9.4.4 Middle East and Africa Monochlorobenzene Market Forecasts and Analysis - By End use Industry
9.4.5 Middle East and Africa Monochlorobenzene Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Monochlorobenzene Market
9.4.5.1.1 South Africa Monochlorobenzene Market by Application
9.4.5.1.2 South Africa Monochlorobenzene Market by End use Industry
9.4.5.2 Saudi Arabia Monochlorobenzene Market
9.4.5.2.1 Saudi Arabia Monochlorobenzene Market by Application
9.4.5.2.2 Saudi Arabia Monochlorobenzene Market by End use Industry
9.4.5.3 U.A.E Monochlorobenzene Market
9.4.5.3.1 U.A.E Monochlorobenzene Market by Application
9.4.5.3.2 U.A.E Monochlorobenzene Market by End use Industry
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Monochlorobenzene Market Overview
9.5.2 South and Central America Monochlorobenzene Market Forecasts and Analysis
9.5.3 South and Central America Monochlorobenzene Market Forecasts and Analysis - By Application
9.5.4 South and Central America Monochlorobenzene Market Forecasts and Analysis - By End use Industry
9.5.5 South and Central America Monochlorobenzene Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Monochlorobenzene Market
9.5.5.1.1 Brazil Monochlorobenzene Market by Application
9.5.5.1.2 Brazil Monochlorobenzene Market by End use Industry
9.5.5.2 Argentina Monochlorobenzene Market
9.5.5.2.1 Argentina Monochlorobenzene Market by Application
9.5.5.2.2 Argentina Monochlorobenzene Market by End use Industry
9.5.5.3 Rest of South and Central America Monochlorobenzene Market
9.5.5.3.1 Rest of South and Central America Monochlorobenzene Market by Application
9.5.5.3.2 Rest of South and Central America Monochlorobenzene Market by End use Industry
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. MONOCHLOROBENZENE MARKET, KEY COMPANY PROFILES
11.1. CHINA PETROCHEMICAL CORPORATION
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. ANHUI BAYI CHEMICAL INDUSTRY
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. CHEMADA FINE CHEMICALS
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. JANDK SCIENTIFIC LTD
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. JIANGSU YANGNONG CHEMICALS GROUPCO.,LT
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. KUREHA CORPORATION
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. LANXESS
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. TW REAGENTS DIVISION
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. TIANJIN BOHAI CHEMICAL INDUSTRY CO., LTD.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.China Petrochemical Corporation
2.Anhui Bayi Chemical Industry
3.Chemada Fine Chemicals
4.JandK Scientific Ltd
5.Jiangsu Yangnong Chemicals GroupCo.,Lt
6.Kureha Corporation
7.Lanxess
8.TW Reagents Division
9.Tianjin Bohai Chemical Industry Co., Ltd.
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.