Petcoke Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Petroleum coke or petcoke is a byproduct obtained from the oil refining process. Petcoke is a carbon-rich solid material obtained from oil refining from a final cracking process which is a chemical engineering process. Petcoke has very little risk of combustion during transportation as it an extremely stable fuel. Petcoke can be of two grades or standards namely fuel grade or anode grade. Chemically, petcoke can include a variety of elements and metals in a wide range of concentrations.
MARKET SCOPE
The "Global Petcoke Market Analysis to 2031" is a specialized and in-depth study of the consumer goods industry with a particular focus on global market trend analysis. The report aims to provide an overview of the Petcoke Market with detailed market segmentation by petcoke type, by grade, by end use and by region. The Petcoke Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Petcoke Market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The Petcoke Market has been segmented into by petcoke type, by grade, and by end use. By petcoke type the market has been bifurcated into needle coke, honeycomb coke, sponge coke and shot coke. By grade the market has been bifurcated into fuel grade petcoke and calcinable or green petcoke. By end use the market has been bifurcated into power plants, cement industry, steel industry, aluminium industry and others.
MARKET DYNAMICS
Growth Factors
Restraints
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia- Pacific (APAC), Middle East and Africa (MEA), and South America. The Petcoke 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 Petcoke Market from both the demand and supply sides. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides an exhaustive best analysis for all five regions, namely; North America, Europe APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the Petcoke Market in these regions.
Impact of Covid-19 on Petcoke Market
The Covid-19 impact analysis provides information on the micro and macro-economic factors on the global Petcoke Market. The emergence of covid-19 pandemic had a significant impact on the Petcoke Market. As the cases were on a rise, mass lockdowns and restrictions were imposed by local and national regulatory bodies. With the advent of Covid-19 pandemic, global supply chain hindrances resulted to impact the overall sales of petcoke. Most of the industries were shut down during the initial stages of the pandemic which affected the Petcoke Market negatively. However, as the situation normalises the Petcoke Market is getting back to normal and is expected to grow in the coming years due to rapid industrialization and urbanization.
Have a question?
Naveen
Naveen 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 also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia- Pacific (APAC), Middle East and Africa (MEA), and South America. The Petcoke 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 Petcoke Market from both the demand and supply sides. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides an exhaustive best analysis for all five regions, namely; North America, Europe APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the Petcoke Market in these regions.
Impact of Covid-19 on Petcoke Market
The Covid-19 impact analysis provides information on the micro and macro-economic factors on the global Petcoke Market. The emergence of covid-19 pandemic had a significant impact on the Petcoke Market. As the cases were on a rise, mass lockdowns and restrictions were imposed by local and national regulatory bodies. With the advent of Covid-19 pandemic, global supply chain hindrances resulted to impact the overall sales of petcoke. Most of the industries were shut down during the initial stages of the pandemic which affected the Petcoke Market negatively. However, as the situation normalises the Petcoke Market is getting back to normal and is expected to grow in the coming years due to rapid industrialization and urbanization.
MARKET PLAYERS
The report covers vital developments in the Petcoke 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 partnerships and collaborations. These activities have paved the way for the expansion of businesses and the customer base of market players. The market players from the Petcoke Market are anticipated to have lucrative growth opportunities in the future with the rising demand for Petcoke Market. Below mentioned is the list of a few companies engaged in the Petcoke Market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Petcoke Market. Decide the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.
- Indian Oil Corporation Ltd
- Petrobras
- Royal Dutch Shell PLC
- Chevron Corporation
- Valero Energy Corporation
- BP PLC
- Exxon Mobil Corporation
- British Petroleum
- Marathon Petroleum Corporation
- Reliance Industries
- 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
1.3.1Petcoke Market - By Petcoke Type
1.3.2Petcoke Market - By Grade
1.3.3Petcoke Market - By End Use
1.3.4Petcoke Market - By Region
1.3.4.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.PETCOKE 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.PETCOKE 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.PETCOKE MARKET - GLOBAL MARKET ANALYSIS
6.1.PETCOKE - GLOBAL MARKET OVERVIEW
6.2.PETCOKE - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING
7.PETCOKE MARKET - REVENUE AND FORECASTS TO 2028 " PETCOKE TYPE
7.1.OVERVIEW
7.2.PETCOKE TYPE MARKET FORECASTS AND ANALYSIS
7.3.NEEDLE COKE
7.3.1.Overview
7.3.2.Needle Coke Market Forecast and Analysis
7.4.HONEYCOMB COKE
7.4.1.Overview
7.4.2.Honeycomb Coke Market Forecast and Analysis
7.5.SPONGE COKE
7.5.1.Overview
7.5.2.Sponge Coke Market Forecast and Analysis
7.6.SHOT COKE
7.6.1.Overview
7.6.2.Shot Coke Market Forecast and Analysis
8.PETCOKE MARKET - REVENUE AND FORECASTS TO 2028 " GRADE
8.1.OVERVIEW
8.2.GRADE MARKET FORECASTS AND ANALYSIS
8.3.FUEL GRADE PETCOKE
8.3.1.Overview
8.3.2.Fuel Grade Petcoke Market Forecast and Analysis
8.4.CALCINABLE OR GREEN PETCOKE
8.4.1.Overview
8.4.2.Calcinable or Green Petcoke Market Forecast and Analysis
9.PETCOKE MARKET - REVENUE AND FORECASTS TO 2028 " END USE
9.1.OVERVIEW
9.2.END USE MARKET FORECASTS AND ANALYSIS
9.3.POWER PLANTS
9.3.1.Overview
9.3.2.Power Plants Market Forecast and Analysis
9.4.CEMENT INDUSTRY
9.4.1.Overview
9.4.2.Cement Industry Market Forecast and Analysis
9.5.STEEL INDUSTRY
9.5.1.Overview
9.5.2.Steel Industry Market Forecast and Analysis
9.6.ALUMINIUM INDUSTRY
9.6.1.Overview
9.6.2.Aluminium Industry Market Forecast and Analysis
9.7.OTHERS
9.7.1.Overview
9.7.2.Others Market Forecast and Analysis
10.PETCOKE MARKET REVENUE AND FORECASTS TO 2028 " GEOGRAPHICAL ANALYSIS
10.1.NORTH AMERICA
10.1.1North America Petcoke Market Overview
10.1.2North America Petcoke Market Forecasts and Analysis
10.1.3North America Petcoke Market Forecasts and Analysis - By Petcoke Type
10.1.4North America Petcoke Market Forecasts and Analysis - By Grade
10.1.5North America Petcoke Market Forecasts and Analysis - By End Use
10.1.6North America Petcoke Market Forecasts and Analysis - By Countries
10.1.6.1United States Petcoke Market
10.1.6.1.1United States Petcoke Market by Petcoke Type
10.1.6.1.2United States Petcoke Market by Grade
10.1.6.1.3United States Petcoke Market by End Use
10.1.6.2Canada Petcoke Market
10.1.6.2.1Canada Petcoke Market by Petcoke Type
10.1.6.2.2Canada Petcoke Market by Grade
10.1.6.2.3Canada Petcoke Market by End Use
10.1.6.3Mexico Petcoke Market
10.1.6.3.1Mexico Petcoke Market by Petcoke Type
10.1.6.3.2Mexico Petcoke Market by Grade
10.1.6.3.3Mexico Petcoke Market by End Use
10.2.EUROPE
10.2.1Europe Petcoke Market Overview
10.2.2Europe Petcoke Market Forecasts and Analysis
10.2.3Europe Petcoke Market Forecasts and Analysis - By Petcoke Type
10.2.4Europe Petcoke Market Forecasts and Analysis - By Grade
10.2.5Europe Petcoke Market Forecasts and Analysis - By End Use
10.2.6Europe Petcoke Market Forecasts and Analysis - By Countries
10.2.6.1Germany Petcoke Market
10.2.6.1.1Germany Petcoke Market by Petcoke Type
10.2.6.1.2Germany Petcoke Market by Grade
10.2.6.1.3Germany Petcoke Market by End Use
10.2.6.2France Petcoke Market
10.2.6.2.1France Petcoke Market by Petcoke Type
10.2.6.2.2France Petcoke Market by Grade
10.2.6.2.3France Petcoke Market by End Use
10.2.6.3Italy Petcoke Market
10.2.6.3.1Italy Petcoke Market by Petcoke Type
10.2.6.3.2Italy Petcoke Market by Grade
10.2.6.3.3Italy Petcoke Market by End Use
10.2.6.4Spain Petcoke Market
10.2.6.4.1Spain Petcoke Market by Petcoke Type
10.2.6.4.2Spain Petcoke Market by Grade
10.2.6.4.3Spain Petcoke Market by End Use
10.2.6.5United Kingdom Petcoke Market
10.2.6.5.1United Kingdom Petcoke Market by Petcoke Type
10.2.6.5.2United Kingdom Petcoke Market by Grade
10.2.6.5.3United Kingdom Petcoke Market by End Use
10.2.6.6Russia Petcoke Market
10.2.6.6.1Russia Petcoke Market by Petcoke Type
10.2.6.6.2Russia Petcoke Market by Grade
10.2.6.6.3Russia Petcoke Market by End Use
10.2.6.7Rest of Europe Petcoke Market
10.2.6.7.1Rest of Europe Petcoke Market by Petcoke Type
10.2.6.7.2Rest of Europe Petcoke Market by Grade
10.2.6.7.3Rest of Europe Petcoke Market by End Use
10.3.ASIA-PACIFIC
10.3.1Asia-Pacific Petcoke Market Overview
10.3.2Asia-Pacific Petcoke Market Forecasts and Analysis
10.3.3Asia-Pacific Petcoke Market Forecasts and Analysis - By Petcoke Type
10.3.4Asia-Pacific Petcoke Market Forecasts and Analysis - By Grade
10.3.5Asia-Pacific Petcoke Market Forecasts and Analysis - By End Use
10.3.6Asia-Pacific Petcoke Market Forecasts and Analysis - By Countries
10.3.6.1Australia Petcoke Market
10.3.6.1.1Australia Petcoke Market by Petcoke Type
10.3.6.1.2Australia Petcoke Market by Grade
10.3.6.1.3Australia Petcoke Market by End Use
10.3.6.2China Petcoke Market
10.3.6.2.1China Petcoke Market by Petcoke Type
10.3.6.2.2China Petcoke Market by Grade
10.3.6.2.3China Petcoke Market by End Use
10.3.6.3India Petcoke Market
10.3.6.3.1India Petcoke Market by Petcoke Type
10.3.6.3.2India Petcoke Market by Grade
10.3.6.3.3India Petcoke Market by End Use
10.3.6.4Japan Petcoke Market
10.3.6.4.1Japan Petcoke Market by Petcoke Type
10.3.6.4.2Japan Petcoke Market by Grade
10.3.6.4.3Japan Petcoke Market by End Use
10.3.6.5South Korea Petcoke Market
10.3.6.5.1South Korea Petcoke Market by Petcoke Type
10.3.6.5.2South Korea Petcoke Market by Grade
10.3.6.5.3South Korea Petcoke Market by End Use
10.3.6.6Rest of Asia-Pacific Petcoke Market
10.3.6.6.1Rest of Asia-Pacific Petcoke Market by Petcoke Type
10.3.6.6.2Rest of Asia-Pacific Petcoke Market by Grade
10.3.6.6.3Rest of Asia-Pacific Petcoke Market by End Use
10.4.MIDDLE EAST AND AFRICA
10.4.1Middle East and Africa Petcoke Market Overview
10.4.2Middle East and Africa Petcoke Market Forecasts and Analysis
10.4.3Middle East and Africa Petcoke Market Forecasts and Analysis - By Petcoke Type
10.4.4Middle East and Africa Petcoke Market Forecasts and Analysis - By Grade
10.4.5Middle East and Africa Petcoke Market Forecasts and Analysis - By End Use
10.4.6Middle East and Africa Petcoke Market Forecasts and Analysis - By Countries
10.4.6.1South Africa Petcoke Market
10.4.6.1.1South Africa Petcoke Market by Petcoke Type
10.4.6.1.2South Africa Petcoke Market by Grade
10.4.6.1.3South Africa Petcoke Market by End Use
10.4.6.2Saudi Arabia Petcoke Market
10.4.6.2.1Saudi Arabia Petcoke Market by Petcoke Type
10.4.6.2.2Saudi Arabia Petcoke Market by Grade
10.4.6.2.3Saudi Arabia Petcoke Market by End Use
10.4.6.3U.A.E Petcoke Market
10.4.6.3.1U.A.E Petcoke Market by Petcoke Type
10.4.6.3.2U.A.E Petcoke Market by Grade
10.4.6.3.3U.A.E Petcoke Market by End Use
10.4.6.4Rest of Middle East and Africa Petcoke Market
10.4.6.4.1Rest of Middle East and Africa Petcoke Market by Petcoke Type
10.4.6.4.2Rest of Middle East and Africa Petcoke Market by Grade
10.4.6.4.3Rest of Middle East and Africa Petcoke Market by End Use
10.5.SOUTH AND CENTRAL AMERICA
10.5.1South and Central America Petcoke Market Overview
10.5.2South and Central America Petcoke Market Forecasts and Analysis
10.5.3South and Central America Petcoke Market Forecasts and Analysis - By Petcoke Type
10.5.4South and Central America Petcoke Market Forecasts and Analysis - By Grade
10.5.5South and Central America Petcoke Market Forecasts and Analysis - By End Use
10.5.6South and Central America Petcoke Market Forecasts and Analysis - By Countries
10.5.6.1Brazil Petcoke Market
10.5.6.1.1Brazil Petcoke Market by Petcoke Type
10.5.6.1.2Brazil Petcoke Market by Grade
10.5.6.1.3Brazil Petcoke Market by End Use
10.5.6.2Argentina Petcoke Market
10.5.6.2.1Argentina Petcoke Market by Petcoke Type
10.5.6.2.2Argentina Petcoke Market by Grade
10.5.6.2.3Argentina Petcoke Market by End Use
10.5.6.3Rest of South and Central America Petcoke Market
10.5.6.3.1Rest of South and Central America Petcoke Market by Petcoke Type
10.5.6.3.2Rest of South and Central America Petcoke Market by Grade
10.5.6.3.3Rest of South and Central America Petcoke Market by End Use
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.PETCOKE MARKET, KEY COMPANY PROFILES
12.1.INDIAN OIL CORPORATION 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.PETROBRAS
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.ROYAL DUTCH SHELL PLC
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.CHEVRON CORPORATION
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.VALERO ENERGY CORPORATION
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.BP PLC
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.EXXON MOBIL CORPORATION
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.BRITISH PETROLEUM
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.MARATHON PETROLEUM CORPORATION
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.RELIANCE INDUSTRIES
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.Indian Oil Corporation Ltd
2.Petrobras
3.Royal Dutch Shell PLC
4.Chevron Corporation
5.Valero Energy Corporation
6.BP PLC
7.Exxon Mobil Corporation
8.British Petroleum
9.Marathon Petroleum Corporation
10.Reliance Industries
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