The Paraffinic Base Oil Market is expected to register a CAGR of 4% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by Type (Semi Refined, Fully Refined, and Others). The report further presents analysis based on Application (Kerosene, Diesel, Lubricating Oil, Commodity Paraffin, 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 Paraffinic Base Oil 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.
Paraffinic Base Oil Market Segmentation
Type- Semi Refined
- Fully Refined
- Kerosene
- Diesel
- Lubricating Oil
- Commodity Paraffin
Strategic Insights
Paraffinic Base Oil Market Growth Drivers- Growth in Automotive Industry: The increasing demand for high-performance lubricants in the automotive sector is a major driver for the paraffinic base oil market. Paraffinic base oils are widely used in engine oils and transmission fluids due to their superior stability, low volatility, and high oxidation resistance. As the automotive industry grows, particularly in emerging markets, the demand for paraffinic base oils will continue to rise, driven by the need for high-quality lubricants for both conventional and electric vehicles.
- Demand for Industrial Lubricants: The growth of industrial sectors, including manufacturing, construction, and mining, is boosting the demand for lubricants and oils. Paraffinic base oils, known for their excellent viscosity index and performance in extreme conditions, are essential in industrial applications. As industries expand and require efficient machinery, the demand for paraffinic base oils used in industrial lubricants is set to increase, propelling market growth across various sectors like heavy machinery and automotive manufacturing.
- Environmental Regulations Favoring High-quality Oils: As environmental regulations tighten, there is a rising demand for high-quality oils that reduce emissions and improve energy efficiency. Paraffinic base oils, which are more stable and less prone to degradation than their naphthenic counterparts, are increasingly favored for their cleaner performance. This regulatory push for eco-friendly, high-performance oils contributes to the growing use of paraffinic base oils in various applications, including automotive, industrial, and marine sectors.
- Shift to Synthetic Lubricants: The increasing trend towards synthetic lubricants, which offer better performance and longer lifespans, is expected to drive the demand for paraffinic base oils. These oils form the foundation of synthetic lubricants due to their superior qualities, including low volatility and high oxidation resistance. As industries seek more durable and efficient solutions, the demand for paraffinic-based synthetic lubricants will continue to grow, aligning with the trend of high-performance, long-lasting products in automotive and industrial sectors.
- Sustainability in Oil Production: The future of the paraffinic base oil market will see a greater focus on sustainability. With the growing concern over environmental impact, manufacturers are developing bio-based paraffinic oils derived from renewable resources. This shift towards sustainable production processes aims to reduce carbon emissions and dependence on fossil fuels. As green solutions gain traction across industries, eco-friendly paraffinic base oils will experience rising demand, particularly from sectors prioritizing sustainability and circular economy principles.
- Advancements in Refining Technologies: Future trends in the paraffinic base oil market will involve advancements in refining technologies to improve oil quality and yield. Innovations in hydroprocessing and solvent extraction technologies will allow for the production of higher-grade paraffinic oils with enhanced stability, performance, and lower environmental impact. These technological improvements will enable manufacturers to meet stricter industry standards while reducing costs, driving the growth of the paraffinic base oil market through more efficient production methods.
- Expanding Demand in Emerging Markets: The paraffinic base oil market has significant growth opportunities in emerging economies such as India, China, and Brazil. With rapid industrialization, urbanization, and an expanding automotive sector, the demand for lubricants and base oils is increasing in these regions. Manufacturers can tap into this growing market by offering high-quality, cost-effective paraffinic base oils that cater to the rising demand for automotive and industrial lubricants in these developing economies.
- Innovation in Green and Renewable Oils: The increasing focus on sustainability presents an opportunity for paraffinic base oil manufacturers to develop eco-friendly alternatives. Bio-based and renewable paraffinic oils are gaining traction as a more sustainable option, offering growth potential in industries seeking greener solutions. Companies that innovate and produce high-quality, renewable paraffinic oils will position themselves as leaders in the eco-conscious market, catering to industries that prioritize sustainability and seek to reduce their environmental footprint.
- Partnerships with Automotive OEMs: There is an opportunity for paraffinic base oil producers to form strategic partnerships with automotive original equipment manufacturers (OEMs) to develop customized lubricants for specific vehicle types. As the demand for specialized lubricants grows, manufacturers can collaborate with OEMs to create tailored paraffinic oils that meet the unique needs of electric vehicles (EVs), hybrid cars, and high-performance engines, offering manufacturers access to new and expanding market segments.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Paraffinic Base Oil 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 Paraffinic Base Oil 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 FRAMEWORK
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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
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to country scope.
Frequently Asked Questions
Based on geography, Asia Pacific held the largest share of the paraffinic base oil market.
Based on type, fully refined is expected to witness the fastest growth during the forecast period
Chevron Corporation, Columbia Petro Chem Pvt. Ltd., Gandhar Oil Refinery India Limited are some of the key players operating in the paraffinic base oil market
The Paraffinic Base Oil Market is estimated to witness a CAGR of 4% from 2023 to 2031
Technological Advancements in Refining Processes is driving the market growth
Development of Bio-Based Solutions is expected to be the key market trends.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Paraffinic Base Oil Market - By Type
1.3.2Paraffinic Base Oil Market - By Application
1.3.3Paraffinic Base Oil Market - By Region
1.3.3.1By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4.PARAFFINIC BASE OIL MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.EXPERT OPINIONS
5.PARAFFINIC BASE OIL 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.PARAFFINIC BASE OIL MARKET - GLOBAL MARKET ANALYSIS
6.1.PARAFFINIC BASE OIL - GLOBAL MARKET OVERVIEW
6.2.PARAFFINIC BASE OIL - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.PARAFFINIC BASE OIL MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1.OVERVIEW
7.2.TYPE MARKET FORECASTS AND ANALYSIS
7.3.SEMI REFINED PARAFFIN WAX OIL
7.3.1.Overview
7.3.2.Semi Refined Paraffin Wax Oil Market Forecast and Analysis
7.4.FULLY REFINED PARAFFIN WAX OIL
7.4.1.Overview
7.4.2.Fully Refined Paraffin Wax Oil Market Forecast and Analysis
7.5.OTHERS
7.5.1.Overview
7.5.2.Others Market Forecast and Analysis
8.PARAFFINIC BASE OIL MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1.OVERVIEW
8.2.APPLICATION MARKET FORECASTS AND ANALYSIS
8.3.KEROSENE
8.3.1.Overview
8.3.2.Kerosene Market Forecast and Analysis
8.4.DIESEL
8.4.1.Overview
8.4.2.Diesel Market Forecast and Analysis
8.5.LUBRICATING OIL
8.5.1.Overview
8.5.2.Lubricating Oil Market Forecast and Analysis
8.6.COMMODITY PARAFFIN
8.6.1.Overview
8.6.2.Commodity Paraffin Market Forecast and Analysis
8.7.OTHERS
8.7.1.Overview
8.7.2.Others Market Forecast and Analysis
9.PARAFFINIC BASE OIL MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1.NORTH AMERICA
9.1.1North America Paraffinic Base Oil Market Overview
9.1.2North America Paraffinic Base Oil Market Forecasts and Analysis
9.1.3North America Paraffinic Base Oil Market Forecasts and Analysis - By Type
9.1.4North America Paraffinic Base Oil Market Forecasts and Analysis - By Application
9.1.5North America Paraffinic Base Oil Market Forecasts and Analysis - By Countries
9.1.5.1United States Paraffinic Base Oil Market
9.1.5.1.1United States Paraffinic Base Oil Market by Type
9.1.5.1.2United States Paraffinic Base Oil Market by Application
9.1.5.2Canada Paraffinic Base Oil Market
9.1.5.2.1Canada Paraffinic Base Oil Market by Type
9.1.5.2.2Canada Paraffinic Base Oil Market by Application
9.1.5.3Mexico Paraffinic Base Oil Market
9.1.5.3.1Mexico Paraffinic Base Oil Market by Type
9.1.5.3.2Mexico Paraffinic Base Oil Market by Application
9.2.EUROPE
9.2.1Europe Paraffinic Base Oil Market Overview
9.2.2Europe Paraffinic Base Oil Market Forecasts and Analysis
9.2.3Europe Paraffinic Base Oil Market Forecasts and Analysis - By Type
9.2.4Europe Paraffinic Base Oil Market Forecasts and Analysis - By Application
9.2.5Europe Paraffinic Base Oil Market Forecasts and Analysis - By Countries
9.2.5.1Germany Paraffinic Base Oil Market
9.2.5.1.1Germany Paraffinic Base Oil Market by Type
9.2.5.1.2Germany Paraffinic Base Oil Market by Application
9.2.5.2France Paraffinic Base Oil Market
9.2.5.2.1France Paraffinic Base Oil Market by Type
9.2.5.2.2France Paraffinic Base Oil Market by Application
9.2.5.3Italy Paraffinic Base Oil Market
9.2.5.3.1Italy Paraffinic Base Oil Market by Type
9.2.5.3.2Italy Paraffinic Base Oil Market by Application
9.2.5.4United Kingdom Paraffinic Base Oil Market
9.2.5.4.1United Kingdom Paraffinic Base Oil Market by Type
9.2.5.4.2United Kingdom Paraffinic Base Oil Market by Application
9.2.5.5Russia Paraffinic Base Oil Market
9.2.5.5.1Russia Paraffinic Base Oil Market by Type
9.2.5.5.2Russia Paraffinic Base Oil Market by Application
9.2.5.6Rest of Europe Paraffinic Base Oil Market
9.2.5.6.1Rest of Europe Paraffinic Base Oil Market by Type
9.2.5.6.2Rest of Europe Paraffinic Base Oil Market by Application
9.3.ASIA-PACIFIC
9.3.1Asia-Pacific Paraffinic Base Oil Market Overview
9.3.2Asia-Pacific Paraffinic Base Oil Market Forecasts and Analysis
9.3.3Asia-Pacific Paraffinic Base Oil Market Forecasts and Analysis - By Type
9.3.4Asia-Pacific Paraffinic Base Oil Market Forecasts and Analysis - By Application
9.3.5Asia-Pacific Paraffinic Base Oil Market Forecasts and Analysis - By Countries
9.3.5.1Australia Paraffinic Base Oil Market
9.3.5.1.1Australia Paraffinic Base Oil Market by Type
9.3.5.1.2Australia Paraffinic Base Oil Market by Application
9.3.5.2China Paraffinic Base Oil Market
9.3.5.2.1China Paraffinic Base Oil Market by Type
9.3.5.2.2China Paraffinic Base Oil Market by Application
9.3.5.3India Paraffinic Base Oil Market
9.3.5.3.1India Paraffinic Base Oil Market by Type
9.3.5.3.2India Paraffinic Base Oil Market by Application
9.3.5.4Japan Paraffinic Base Oil Market
9.3.5.4.1Japan Paraffinic Base Oil Market by Type
9.3.5.4.2Japan Paraffinic Base Oil Market by Application
9.3.5.5South Korea Paraffinic Base Oil Market
9.3.5.5.1South Korea Paraffinic Base Oil Market by Type
9.3.5.5.2South Korea Paraffinic Base Oil Market by Application
9.3.5.6Rest of Asia-Pacific Paraffinic Base Oil Market
9.3.5.6.1Rest of Asia-Pacific Paraffinic Base Oil Market by Type
9.3.5.6.2Rest of Asia-Pacific Paraffinic Base Oil Market by Application
9.4.MIDDLE EAST AND AFRICA
9.4.1Middle East and Africa Paraffinic Base Oil Market Overview
9.4.2Middle East and Africa Paraffinic Base Oil Market Forecasts and Analysis
9.4.3Middle East and Africa Paraffinic Base Oil Market Forecasts and Analysis - By Type
9.4.4Middle East and Africa Paraffinic Base Oil Market Forecasts and Analysis - By Application
9.4.5Middle East and Africa Paraffinic Base Oil Market Forecasts and Analysis - By Countries
9.4.5.1South Africa Paraffinic Base Oil Market
9.4.5.1.1South Africa Paraffinic Base Oil Market by Type
9.4.5.1.2South Africa Paraffinic Base Oil Market by Application
9.4.5.2Saudi Arabia Paraffinic Base Oil Market
9.4.5.2.1Saudi Arabia Paraffinic Base Oil Market by Type
9.4.5.2.2Saudi Arabia Paraffinic Base Oil Market by Application
9.4.5.3U.A.E Paraffinic Base Oil Market
9.4.5.3.1U.A.E Paraffinic Base Oil Market by Type
9.4.5.3.2U.A.E Paraffinic Base Oil Market by Application
9.4.5.4Rest of Middle East and Africa Paraffinic Base Oil Market
9.4.5.4.1Rest of Middle East and Africa Paraffinic Base Oil Market by Type
9.4.5.4.2Rest of Middle East and Africa Paraffinic Base Oil Market by Application
9.5.SOUTH AND CENTRAL AMERICA
9.5.1South and Central America Paraffinic Base Oil Market Overview
9.5.2South and Central America Paraffinic Base Oil Market Forecasts and Analysis
9.5.3South and Central America Paraffinic Base Oil Market Forecasts and Analysis - By Type
9.5.4South and Central America Paraffinic Base Oil Market Forecasts and Analysis - By Application
9.5.5South and Central America Paraffinic Base Oil Market Forecasts and Analysis - By Countries
9.5.5.1Brazil Paraffinic Base Oil Market
9.5.5.1.1Brazil Paraffinic Base Oil Market by Type
9.5.5.1.2Brazil Paraffinic Base Oil Market by Application
9.5.5.2Argentina Paraffinic Base Oil Market
9.5.5.2.1Argentina Paraffinic Base Oil Market by Type
9.5.5.2.2Argentina Paraffinic Base Oil Market by Application
9.5.5.3Rest of South and Central America Paraffinic Base Oil Market
9.5.5.3.1Rest of South and Central America Paraffinic Base Oil Market by Type
9.5.5.3.2Rest of South and Central America Paraffinic Base Oil Market by Application
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.PARAFFINIC BASE OIL MARKET, KEY COMPANY PROFILES
11.1.CHEVRON 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.COLUMBIA PETRO CHEM PVT. LTD.
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.GANDHAR OIL REFINERY INDIA LIMITED
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.PANAMA PETROCHEM 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.PETROCHINA COMPANY LIMITED
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.RAHA GROUP
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.ROYAL DUTCH SHELL PLC
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.TEJASHVI PHARMA CHEM
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.VENLUB PETRO PRODUCTS PRIVATE LIMITED
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.ZISTA GROUP
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. Chevron Corporation
2. Columbia Petro Chem Pvt. Ltd.
3. Gandhar Oil Refinery India Limited
4. Panama Petrochem Ltd.
5. PetroChina Company Limited
6. Raha Group
7. Royal Dutch Shell PLC
8. Tejashvi Pharma Chem
9. Venlub Petro Products Private Limited
10. Zista 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.
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