Organic Friction Modifier Additives Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Organic friction modifier (OFM) additives are increasingly utilized in the lubrication of aviation, energy/ power, automobile, rail, and industrial components. OFM additives have the ability to make a huge difference to the tribological characteristics of the lubricant. Hence, organic friction modifiers are emerging as quite an essential additive in the lubrication of mechanical components along with particularly of automobile engines wherein performance enhancements are persistently sought-after. In the recent past, demand for OFM additives has been increased to a significant extent due to their benefits and superior functionality.
MARKET DYNAMICS
The organic friction additives market has witnessed significant growth owing to factors such as wider use in automobile lubricants, industrial lubricants, aviation lubricants, energy/ power generation lubricants, and rail lubricants. The aviation and automotive industry is continuously upgrading its lubricants to enhance the perforce of their vehicles. Furthermore, industries like power generation and also construction are investing a substantial amount in upgrading the lubricants used. All of these efforts are quite focused on the sole purpose of boosting the operational ability of the machines as well as organic friction modifier additives are one of the best modes to achieve the desired goals. However, greater availability of similar & cost-effective alternatives, including detergent additives, dispersant additives, oiliness agents, corrosion, and oxidation inhibitor anti-wear agents, among others, may hamper the growth of the organic friction additives market. Besides, fluctuations in oil prices along with uncertainties regarding upcoming policies, mainly in the oil & gas industry, continue to pose a threat to this market. Nevertheless, with the steady growth in the chemical processing industry and automotive industry, there are opportunities for the market players to invest in this market.
MARKET SCOPE
The "Global Organic Friction Additives 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 organic friction additives market with detailed market segmentation by additive type, end-user, and geography. The global organic friction additives market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading organic friction additives market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global organic friction additives market is segmented on the basis of additive type and end-user. The organic friction additives market on the basis of the additive type is classified into polymers, fatty acids, esters & amides, and others. On the basis of end-user, global organic friction additives market is bifurcated into automobile lubricants, industrial lubricants, aviation lubricants energy/ power generation lubricants, and rail lubricants.
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 organic friction additives market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The organic friction additives 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 organic friction additives 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 organic friction additives 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 organic friction additives market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The organic friction additives 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 organic friction additives 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 organic friction additives market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global organic friction additives market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the 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 organic friction additives market are anticipated to lucrative growth opportunities in the future with the rising demand for organic friction additives in the global market. Below mentioned is the list of few companies engaged in the organic friction additives market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the organic friction additives 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.
- Afton Chemicals Corporation
- BASF SE
- Cargill Inc.
- Celanese Corporation
- Chemtura Corporation (LANXESS Solutions US, Inc.)
- Croda International Plc
- Dow Chemical Company Limited
- Eastman Chemical Co.
- International Lubricants Inc.
- Multisol Ltd
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 Organic Friction Modifier Additives Market - By Additive Type
1.3.2 Organic Friction Modifier Additives Market - By End-User
1.3.3 Organic Friction Modifier Additives Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ORGANIC FRICTION MODIFIER ADDITIVES 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. ORGANIC FRICTION MODIFIER ADDITIVES 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. ORGANIC FRICTION MODIFIER ADDITIVES MARKET - GLOBAL MARKET ANALYSIS
6.1. ORGANIC FRICTION MODIFIER ADDITIVES - GLOBAL MARKET OVERVIEW
6.2. ORGANIC FRICTION MODIFIER ADDITIVES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ORGANIC FRICTION MODIFIER ADDITIVES MARKET - REVENUE AND FORECASTS TO 2028 - ADDITIVE TYPE
7.1. OVERVIEW
7.2. ADDITIVE TYPE MARKET FORECASTS AND ANALYSIS
7.3. POLYMERS
7.3.1. Overview
7.3.2. Polymers Market Forecast and Analysis
7.4. FATTY ACIDS
7.4.1. Overview
7.4.2. Fatty Acids Market Forecast and Analysis
7.5. ESTERS AND AMIDES
7.5.1. Overview
7.5.2. Esters and Amides Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. ORGANIC FRICTION MODIFIER ADDITIVES MARKET - REVENUE AND FORECASTS TO 2028 - END-USER
8.1. OVERVIEW
8.2. END-USER MARKET FORECASTS AND ANALYSIS
8.3. AUTOMOBILE LUBRICANTS
8.3.1. Overview
8.3.2. Automobile Lubricants Market Forecast and Analysis
8.4. INDUSTRIAL LUBRICANTS
8.4.1. Overview
8.4.2. Industrial Lubricants Market Forecast and Analysis
8.5. AVIATION LUBRICANTS
8.5.1. Overview
8.5.2. Aviation Lubricants Market Forecast and Analysis
8.6. ENERGY/ POWER GENERATION LUBRICANTS
8.6.1. Overview
8.6.2. Energy/ Power Generation Lubricants Market Forecast and Analysis
8.7. RAIL LUBRICANTS
8.7.1. Overview
8.7.2. Rail Lubricants Market Forecast and Analysis
9. ORGANIC FRICTION MODIFIER ADDITIVES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Organic Friction Modifier Additives Market Overview
9.1.2 North America Organic Friction Modifier Additives Market Forecasts and Analysis
9.1.3 North America Organic Friction Modifier Additives Market Forecasts and Analysis - By Additive Type
9.1.4 North America Organic Friction Modifier Additives Market Forecasts and Analysis - By End-User
9.1.5 North America Organic Friction Modifier Additives Market Forecasts and Analysis - By Countries
9.1.5.1 United States Organic Friction Modifier Additives Market
9.1.5.1.1 United States Organic Friction Modifier Additives Market by Additive Type
9.1.5.1.2 United States Organic Friction Modifier Additives Market by End-User
9.1.5.2 Canada Organic Friction Modifier Additives Market
9.1.5.2.1 Canada Organic Friction Modifier Additives Market by Additive Type
9.1.5.2.2 Canada Organic Friction Modifier Additives Market by End-User
9.1.5.3 Mexico Organic Friction Modifier Additives Market
9.1.5.3.1 Mexico Organic Friction Modifier Additives Market by Additive Type
9.1.5.3.2 Mexico Organic Friction Modifier Additives Market by End-User
9.2. EUROPE
9.2.1 Europe Organic Friction Modifier Additives Market Overview
9.2.2 Europe Organic Friction Modifier Additives Market Forecasts and Analysis
9.2.3 Europe Organic Friction Modifier Additives Market Forecasts and Analysis - By Additive Type
9.2.4 Europe Organic Friction Modifier Additives Market Forecasts and Analysis - By End-User
9.2.5 Europe Organic Friction Modifier Additives Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Organic Friction Modifier Additives Market
9.2.5.1.1 Germany Organic Friction Modifier Additives Market by Additive Type
9.2.5.1.2 Germany Organic Friction Modifier Additives Market by End-User
9.2.5.2 France Organic Friction Modifier Additives Market
9.2.5.2.1 France Organic Friction Modifier Additives Market by Additive Type
9.2.5.2.2 France Organic Friction Modifier Additives Market by End-User
9.2.5.3 Italy Organic Friction Modifier Additives Market
9.2.5.3.1 Italy Organic Friction Modifier Additives Market by Additive Type
9.2.5.3.2 Italy Organic Friction Modifier Additives Market by End-User
9.2.5.4 United Kingdom Organic Friction Modifier Additives Market
9.2.5.4.1 United Kingdom Organic Friction Modifier Additives Market by Additive Type
9.2.5.4.2 United Kingdom Organic Friction Modifier Additives Market by End-User
9.2.5.5 Russia Organic Friction Modifier Additives Market
9.2.5.5.1 Russia Organic Friction Modifier Additives Market by Additive Type
9.2.5.5.2 Russia Organic Friction Modifier Additives Market by End-User
9.2.5.6 Rest of Europe Organic Friction Modifier Additives Market
9.2.5.6.1 Rest of Europe Organic Friction Modifier Additives Market by Additive Type
9.2.5.6.2 Rest of Europe Organic Friction Modifier Additives Market by End-User
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Organic Friction Modifier Additives Market Overview
9.3.2 Asia-Pacific Organic Friction Modifier Additives Market Forecasts and Analysis
9.3.3 Asia-Pacific Organic Friction Modifier Additives Market Forecasts and Analysis - By Additive Type
9.3.4 Asia-Pacific Organic Friction Modifier Additives Market Forecasts and Analysis - By End-User
9.3.5 Asia-Pacific Organic Friction Modifier Additives Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Organic Friction Modifier Additives Market
9.3.5.1.1 Australia Organic Friction Modifier Additives Market by Additive Type
9.3.5.1.2 Australia Organic Friction Modifier Additives Market by End-User
9.3.5.2 China Organic Friction Modifier Additives Market
9.3.5.2.1 China Organic Friction Modifier Additives Market by Additive Type
9.3.5.2.2 China Organic Friction Modifier Additives Market by End-User
9.3.5.3 India Organic Friction Modifier Additives Market
9.3.5.3.1 India Organic Friction Modifier Additives Market by Additive Type
9.3.5.3.2 India Organic Friction Modifier Additives Market by End-User
9.3.5.4 Japan Organic Friction Modifier Additives Market
9.3.5.4.1 Japan Organic Friction Modifier Additives Market by Additive Type
9.3.5.4.2 Japan Organic Friction Modifier Additives Market by End-User
9.3.5.5 South Korea Organic Friction Modifier Additives Market
9.3.5.5.1 South Korea Organic Friction Modifier Additives Market by Additive Type
9.3.5.5.2 South Korea Organic Friction Modifier Additives Market by End-User
9.3.5.6 Rest of Asia-Pacific Organic Friction Modifier Additives Market
9.3.5.6.1 Rest of Asia-Pacific Organic Friction Modifier Additives Market by Additive Type
9.3.5.6.2 Rest of Asia-Pacific Organic Friction Modifier Additives Market by End-User
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Organic Friction Modifier Additives Market Overview
9.4.2 Middle East and Africa Organic Friction Modifier Additives Market Forecasts and Analysis
9.4.3 Middle East and Africa Organic Friction Modifier Additives Market Forecasts and Analysis - By Additive Type
9.4.4 Middle East and Africa Organic Friction Modifier Additives Market Forecasts and Analysis - By End-User
9.4.5 Middle East and Africa Organic Friction Modifier Additives Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Organic Friction Modifier Additives Market
9.4.5.1.1 South Africa Organic Friction Modifier Additives Market by Additive Type
9.4.5.1.2 South Africa Organic Friction Modifier Additives Market by End-User
9.4.5.2 Saudi Arabia Organic Friction Modifier Additives Market
9.4.5.2.1 Saudi Arabia Organic Friction Modifier Additives Market by Additive Type
9.4.5.2.2 Saudi Arabia Organic Friction Modifier Additives Market by End-User
9.4.5.3 U.A.E Organic Friction Modifier Additives Market
9.4.5.3.1 U.A.E Organic Friction Modifier Additives Market by Additive Type
9.4.5.3.2 U.A.E Organic Friction Modifier Additives Market by End-User
9.4.5.4 Rest of Middle East and Africa Organic Friction Modifier Additives Market
9.4.5.4.1 Rest of Middle East and Africa Organic Friction Modifier Additives Market by Additive Type
9.4.5.4.2 Rest of Middle East and Africa Organic Friction Modifier Additives Market by End-User
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Organic Friction Modifier Additives Market Overview
9.5.2 South and Central America Organic Friction Modifier Additives Market Forecasts and Analysis
9.5.3 South and Central America Organic Friction Modifier Additives Market Forecasts and Analysis - By Additive Type
9.5.4 South and Central America Organic Friction Modifier Additives Market Forecasts and Analysis - By End-User
9.5.5 South and Central America Organic Friction Modifier Additives Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Organic Friction Modifier Additives Market
9.5.5.1.1 Brazil Organic Friction Modifier Additives Market by Additive Type
9.5.5.1.2 Brazil Organic Friction Modifier Additives Market by End-User
9.5.5.2 Argentina Organic Friction Modifier Additives Market
9.5.5.2.1 Argentina Organic Friction Modifier Additives Market by Additive Type
9.5.5.2.2 Argentina Organic Friction Modifier Additives Market by End-User
9.5.5.3 Rest of South and Central America Organic Friction Modifier Additives Market
9.5.5.3.1 Rest of South and Central America Organic Friction Modifier Additives Market by Additive Type
9.5.5.3.2 Rest of South and Central America Organic Friction Modifier Additives Market by End-User
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. ORGANIC FRICTION MODIFIER ADDITIVES MARKET, KEY COMPANY PROFILES
11.1. AFTON CHEMICALS 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. BASF SE
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. CARGILL INC.
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. CELANESE CORPORATION
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. CHEMTURA CORPORATION (LANXESS SOLUTIONS US, INC.)
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. CRODA INTERNATIONAL PLC
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. DOW CHEMICAL COMPANY LIMITED
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. EASTMAN CHEMICAL CO.
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. INTERNATIONAL LUBRICANTS INC.
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
11.10. MULTISOL LTD
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Afton Chemicals Corporation
2. BASF SE
3. Cargill Inc.
4. Celanese Corporation
5. Chemtura Corporation (LANXESS Solutions US, Inc.)
6. Croda International Plc
7. Dow Chemical Company Limited
8. Eastman Chemical Co.
9. International Lubricants Inc.
10. Multisol 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.
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