Persulfates Market Strategies and Share 2031
Persulfates also known by names such as peroxysulfates or peroxodisulfates are chemical compounds which contain a peroxomonosulfate or peroxodisulfate ion. They act as strong oxidants, exhibit exceptional shelf life and are inexpensive to use when stored correctly. Aqueous solutions of persulfates are used by the polymer industry as initiators in polymerization of synthetic rubber and latex. They are a major oxidizing agents and hence are used in a number of oxidizing reactions. Owing to their superior oxidizing properties they are also used in bleaching agents.
MARKET DYNAMICS
The global persulfates market is growing at a significant pace owing to driving factors such as increasing demand for persulfates by the polymers, electronics, cosmetics and personal care, pulp and paper, textile, mining, inks, pigments, dispersants, and gas and oil industries. Persulfates are used as initiators in the emulsion polymerization reactions for syntheisizing polymers of neopropene, polystyrene, acrylics, and polyvinyl chlorides. They are also used as initiators in the production of latex polymers used in applications such as paints, coatings, carpet backing etc. Another most common use of persulfates in the polymer industry is in the manufacturing of synthetic rubbers such as styrene butadiene and isopropene. While in the textile industry persulfates are used in bleaching and desizing textiles and manufacturing dyes. Persulfates are also used in the cosmetic industries to prepare hair bleaches and hair lightners. The versatility and wide range of uses of persulfates in numerous end-use industries is anticipated to spur the growth of the global persulfates market. However the allergic reactions, irritations, and rhinitis associated with cosmetic products made from ammonium persulfate is anticipated to restrict the growth of ammonia persulfates to some extent. Precautionary measures are needed to be taken care of during the handling, storage, and disposal of persulfate compounds as they pose health hazards. Issues related to handling, storage, and transportation of persulfites are anticipated to hinder the growth of persulfates to some extent.
MARKET SCOPE
The "Global Persulfates 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 persulfates market with detailed market segmentation by type, application, end-use industry, and geography. The global persulfates market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading persulfates market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global persulfates market is segmented on the basis of type, application and end-use industry. On the basis of type, the persulfates market is segmented into, potassium persulfate, ammonium persulfate, sodium persulfate, and magnesium persulfate. On the basis of application, the market is bifurcated into, enhanced oil recovery, latex polymers, etchant, hair dye, curing agent, oxidising agent, and others. Based on end-use industry, the global persulfates market is segmented into, polymers, electronics, cosmetics & personal care, pulp, paper & textiles, water treatment, soil remediation, oil & gas, and others.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global persulfates 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 persulfates 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 persulfates 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 persulfates market in these regions.
Have 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
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global persulfates 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 persulfates 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 persulfates 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 persulfates market in these regions.
MARKET PLAYERS
The reports cover key developments in the persulfates 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 persulfates market are anticipated to lucrative growth opportunities in the future with the rising demand for persulfates in the global market. Below mentioned is the list of few companies engaged in the persulfates market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the persulfates 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.
- ABC Chemicals (Shanghai) Co., Ltd.
- Adeka Corporation
- Ak-Kim Kimya
- Mitsubishi Gas Chemical Company, Inc
- PeroxyChem
- Powder Pack Chem
- Stars Chemical (YongAn) Co., Ltd.
- United Initiators, Inc.
- VR Persulfates Pvt Ltd
- Yatai Electrochemistry Co., 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 Persulfates Market - By Type
1.3.2 Persulfates Market - By Application
1.3.3 Persulfates Market - By End-Use Industry
1.3.4 Persulfates Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. PERSULFATES MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. PERSULFATES 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, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. PERSULFATES MARKET - GLOBAL MARKET ANALYSIS
6.1. PERSULFATES - GLOBAL MARKET OVERVIEW
6.2. PERSULFATES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. PERSULFATES MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. POTASSIUM PERSULFATE
7.3.1. Overview
7.3.2. Potassium Persulfate Market Forecast and Analysis
7.4. AMMONIUM PERSULFATE
7.4.1. Overview
7.4.2. Ammonium Persulfate Market Forecast and Analysis
7.5. SODIUM PERSULFATE
7.5.1. Overview
7.5.2. Sodium Persulfate Market Forecast and Analysis
7.6. MAGNESIUM PERSULFATE
7.6.1. Overview
7.6.2. Magnesium Persulfate Market Forecast and Analysis
8. PERSULFATES MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. ENHANCED OIL RECOVERY
8.3.1. Overview
8.3.2. Enhanced Oil Recovery Market Forecast and Analysis
8.4. LATEX POLYMERS
8.4.1. Overview
8.4.2. Latex Polymers Market Forecast and Analysis
8.5. ETCHANT
8.5.1. Overview
8.5.2. Etchant Market Forecast and Analysis
8.6. HAIR DYE
8.6.1. Overview
8.6.2. Hair Dye Market Forecast and Analysis
8.7. CURING AGENT
8.7.1. Overview
8.7.2. Curing Agent Market Forecast and Analysis
8.8. OXIDISING AGENT
8.8.1. Overview
8.8.2. Oxidising Agent Market Forecast and Analysis
8.9. OTHERS
8.9.1. Overview
8.9.2. Others Market Forecast and Analysis
9. PERSULFATES MARKET - REVENUE AND FORECASTS TO 2028 - END-USE INDUSTRY
9.1. OVERVIEW
9.2. END-USE INDUSTRY MARKET FORECASTS AND ANALYSIS
9.3. POLYMERS
9.3.1. Overview
9.3.2. Polymers Market Forecast and Analysis
9.4. ELECTRONICS
9.4.1. Overview
9.4.2. Electronics Market Forecast and Analysis
9.5. COSMETICS AND PERSONAL CARE
9.5.1. Overview
9.5.2. Cosmetics and Personal Care Market Forecast and Analysis
9.6. PULP, PAPER AND TEXTILES
9.6.1. Overview
9.6.2. Pulp, Paper and Textiles Market Forecast and Analysis
9.7. WATER TREATMENT
9.7.1. Overview
9.7.2. Water Treatment Market Forecast and Analysis
9.8. SOIL REMEDIATION
9.8.1. Overview
9.8.2. Soil Remediation Market Forecast and Analysis
9.9. OIL AND GAS
9.9.1. Overview
9.9.2. Oil and Gas Market Forecast and Analysis
9.10. OTHERS
9.10.1. Overview
9.10.2. Others Market Forecast and Analysis
10. PERSULFATES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Persulfates Market Overview
10.1.2 North America Persulfates Market Forecasts and Analysis
10.1.3 North America Persulfates Market Forecasts and Analysis - By Type
10.1.4 North America Persulfates Market Forecasts and Analysis - By Application
10.1.5 North America Persulfates Market Forecasts and Analysis - By End-Use Industry
10.1.6 North America Persulfates Market Forecasts and Analysis - By Countries
10.1.6.1 United States Persulfates Market
10.1.6.1.1 United States Persulfates Market by Type
10.1.6.1.2 United States Persulfates Market by Application
10.1.6.1.3 United States Persulfates Market by End-Use Industry
10.1.6.2 Canada Persulfates Market
10.1.6.2.1 Canada Persulfates Market by Type
10.1.6.2.2 Canada Persulfates Market by Application
10.1.6.2.3 Canada Persulfates Market by End-Use Industry
10.1.6.3 Mexico Persulfates Market
10.1.6.3.1 Mexico Persulfates Market by Type
10.1.6.3.2 Mexico Persulfates Market by Application
10.1.6.3.3 Mexico Persulfates Market by End-Use Industry
10.2. EUROPE
10.2.1 Europe Persulfates Market Overview
10.2.2 Europe Persulfates Market Forecasts and Analysis
10.2.3 Europe Persulfates Market Forecasts and Analysis - By Type
10.2.4 Europe Persulfates Market Forecasts and Analysis - By Application
10.2.5 Europe Persulfates Market Forecasts and Analysis - By End-Use Industry
10.2.6 Europe Persulfates Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Persulfates Market
10.2.6.1.1 Germany Persulfates Market by Type
10.2.6.1.2 Germany Persulfates Market by Application
10.2.6.1.3 Germany Persulfates Market by End-Use Industry
10.2.6.2 France Persulfates Market
10.2.6.2.1 France Persulfates Market by Type
10.2.6.2.2 France Persulfates Market by Application
10.2.6.2.3 France Persulfates Market by End-Use Industry
10.2.6.3 Italy Persulfates Market
10.2.6.3.1 Italy Persulfates Market by Type
10.2.6.3.2 Italy Persulfates Market by Application
10.2.6.3.3 Italy Persulfates Market by End-Use Industry
10.2.6.4 United Kingdom Persulfates Market
10.2.6.4.1 United Kingdom Persulfates Market by Type
10.2.6.4.2 United Kingdom Persulfates Market by Application
10.2.6.4.3 United Kingdom Persulfates Market by End-Use Industry
10.2.6.5 Russia Persulfates Market
10.2.6.5.1 Russia Persulfates Market by Type
10.2.6.5.2 Russia Persulfates Market by Application
10.2.6.5.3 Russia Persulfates Market by End-Use Industry
10.2.6.6 Rest of Europe Persulfates Market
10.2.6.6.1 Rest of Europe Persulfates Market by Type
10.2.6.6.2 Rest of Europe Persulfates Market by Application
10.2.6.6.3 Rest of Europe Persulfates Market by End-Use Industry
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Persulfates Market Overview
10.3.2 Asia-Pacific Persulfates Market Forecasts and Analysis
10.3.3 Asia-Pacific Persulfates Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Persulfates Market Forecasts and Analysis - By Application
10.3.5 Asia-Pacific Persulfates Market Forecasts and Analysis - By End-Use Industry
10.3.6 Asia-Pacific Persulfates Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Persulfates Market
10.3.6.1.1 Australia Persulfates Market by Type
10.3.6.1.2 Australia Persulfates Market by Application
10.3.6.1.3 Australia Persulfates Market by End-Use Industry
10.3.6.2 China Persulfates Market
10.3.6.2.1 China Persulfates Market by Type
10.3.6.2.2 China Persulfates Market by Application
10.3.6.2.3 China Persulfates Market by End-Use Industry
10.3.6.3 India Persulfates Market
10.3.6.3.1 India Persulfates Market by Type
10.3.6.3.2 India Persulfates Market by Application
10.3.6.3.3 India Persulfates Market by End-Use Industry
10.3.6.4 Japan Persulfates Market
10.3.6.4.1 Japan Persulfates Market by Type
10.3.6.4.2 Japan Persulfates Market by Application
10.3.6.4.3 Japan Persulfates Market by End-Use Industry
10.3.6.5 South Korea Persulfates Market
10.3.6.5.1 South Korea Persulfates Market by Type
10.3.6.5.2 South Korea Persulfates Market by Application
10.3.6.5.3 South Korea Persulfates Market by End-Use Industry
10.3.6.6 Rest of Asia-Pacific Persulfates Market
10.3.6.6.1 Rest of Asia-Pacific Persulfates Market by Type
10.3.6.6.2 Rest of Asia-Pacific Persulfates Market by Application
10.3.6.6.3 Rest of Asia-Pacific Persulfates Market by End-Use Industry
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Persulfates Market Overview
10.4.2 Middle East and Africa Persulfates Market Forecasts and Analysis
10.4.3 Middle East and Africa Persulfates Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Persulfates Market Forecasts and Analysis - By Application
10.4.5 Middle East and Africa Persulfates Market Forecasts and Analysis - By End-Use Industry
10.4.6 Middle East and Africa Persulfates Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Persulfates Market
10.4.6.1.1 South Africa Persulfates Market by Type
10.4.6.1.2 South Africa Persulfates Market by Application
10.4.6.1.3 South Africa Persulfates Market by End-Use Industry
10.4.6.2 Saudi Arabia Persulfates Market
10.4.6.2.1 Saudi Arabia Persulfates Market by Type
10.4.6.2.2 Saudi Arabia Persulfates Market by Application
10.4.6.2.3 Saudi Arabia Persulfates Market by End-Use Industry
10.4.6.3 U.A.E Persulfates Market
10.4.6.3.1 U.A.E Persulfates Market by Type
10.4.6.3.2 U.A.E Persulfates Market by Application
10.4.6.3.3 U.A.E Persulfates Market by End-Use Industry
10.4.6.4 Rest of Middle East and Africa Persulfates Market
10.4.6.4.1 Rest of Middle East and Africa Persulfates Market by Type
10.4.6.4.2 Rest of Middle East and Africa Persulfates Market by Application
10.4.6.4.3 Rest of Middle East and Africa Persulfates Market by End-Use Industry
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Persulfates Market Overview
10.5.2 South and Central America Persulfates Market Forecasts and Analysis
10.5.3 South and Central America Persulfates Market Forecasts and Analysis - By Type
10.5.4 South and Central America Persulfates Market Forecasts and Analysis - By Application
10.5.5 South and Central America Persulfates Market Forecasts and Analysis - By End-Use Industry
10.5.6 South and Central America Persulfates Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Persulfates Market
10.5.6.1.1 Brazil Persulfates Market by Type
10.5.6.1.2 Brazil Persulfates Market by Application
10.5.6.1.3 Brazil Persulfates Market by End-Use Industry
10.5.6.2 Argentina Persulfates Market
10.5.6.2.1 Argentina Persulfates Market by Type
10.5.6.2.2 Argentina Persulfates Market by Application
10.5.6.2.3 Argentina Persulfates Market by End-Use Industry
10.5.6.3 Rest of South and Central America Persulfates Market
10.5.6.3.1 Rest of South and Central America Persulfates Market by Type
10.5.6.3.2 Rest of South and Central America Persulfates Market by Application
10.5.6.3.3 Rest of South and Central America Persulfates Market by End-Use Industry
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. PERSULFATES MARKET, KEY COMPANY PROFILES
12.1. ABC CHEMICALS(SHANGHAI)CO., LTD.
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. ADEKA CORPORATION
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. AK-KIM KIMYA
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. MITSUBISHI GAS CHEMICAL COMPANY, INC
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. PEROXYCHEM
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. POWDER PACK CHEM
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. STARS CHEMICAL (YONGAN) CO., LTD.
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. UNITED INITIATORS, INC.
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. VR PERSULFATES PVT LTD
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. YATAI ELECTROCHEMISTRY CO., LTD.
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. ABC Chemicals(Shanghai)Co., Ltd.
2. Adeka Corporation
3. Ak-Kim Kimya
4. Mitsubishi Gas Chemical Company, Inc
5. PeroxyChem
6. Powder Pack Chem
7. Stars Chemical (YongAn) Co., Ltd.
8. United Initiators, Inc.
9. VR Persulfates Pvt Ltd
10. Yatai Electrochemistry 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.
Get Free Sample For