Phenolic Antioxidants Market Growth Drivers, Strategies, Trends, and Forecast by 2031

Coverage: Phenolic Antioxidants Market covers analysis By Source (Natural, Synthetic); Application (Food, Plastics and Rubber, Pharmaceutical, Cosmetic, Fuel and Lubricant) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00017875
  • Category : Chemicals and Materials
  • No. of Pages : 150
Buy Now

The Phenolic Antioxidants Market is expected to register a CAGR of 6% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

The report presents analysis based on source (natural and synthetic). The report is segmented by application (food, plastics and rubber, pharmaceutical, cosmetic, and fuel and lubricant). The global analysis is further broken-down at regional level and major countries. The market size and forecast at global, regional, and country levels for all the key market segments are covered under the scope. The report offers the value in USD for the above analysis and segments. The report provides key statistics on the market status of the key market players and offers market trends and opportunities.

Purpose of the Report

The report Phenolic Antioxidants 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.

Phenolic Antioxidants Market Segmentation

Source
  • Natural and Synthetic
Application
  • Food
  • Plastics and Rubber
  • Pharmaceutical
  • Cosmetic
  • Fuel and Lubricant

Strategic Insights

Phenolic Antioxidants Market Growth Drivers
  • Demand from the Plastics and Rubber Industries: The phenolic antioxidants market is expanding sharply, mainly due to the growth of the plastics and rubber industries. These industries require efficient stabilizers to complement their products with increased life and efficiency. Antioxidants are important because they help to reduce oxidative damage that would affect the use of materials and their mechanical properties with time and at different temperatures.
  • Consumer Demand for Enhanced Plastics and Rubber Products: With the ever-increasing consumer demand for better plastics and rubber products, manufacturers have started to use phenolic antioxidants more to enhance the products’ shelf life. Such antioxidants protect the materials from damage, and properties change due to exposure to heat, light, or oxygen over extended periods. Therefore, due to these capabilities, they are found in the automotive, packaging, and consumer goods industries.
  • Sustainability Trends and the Rise of Bio-Based Phenolic Antioxidants: In addition, the trend toward sustainability is also affecting the phenolic antioxidants market. Companies are looking for options that are less harmful to the environment but still able to offer adequate protection. New bio-based phenolic antioxidants are on the rise, addressing the demands for environmentally-friendly solutions without compromising their effectiveness in various uses.
Phenolic Antioxidants Market Future Trends
  • Increasing Demand in Plastic and Rubber Industries: The growth of the phenolic antioxidants market is remarkable, especially because the use of these products is increasing among the plastic and rubber industries. These industries need some good quality stabilizers in order to improve the durability and efficiency of their products. There are manufactured products that are used to prevent these materials from volumetric loss due to heat in any working conditions.
  • Focus on Durability and Performance: Also, the increase in demand for durable plastics and rubbers is making the producers use more phenolic antioxidants in the production of the said goods. These antioxidants are also used to protect the outer layers of the product from heat, light, and oxygen, as these elements are detrimental to the properties of the material over a certain period. Thus, this dependability level makes them used in automotive, packaging, and consumer products.
  • Shift Towards Sustainability and Eco-Friendly Alternatives: In addition, sustainability is also affecting the phenolic antioxidants market. All certified companies have to look for alternatives that will protect the products from deterioration but will be safe for the environment. It is anticipated that new biobased phenolic antioxidants will emerge, driven by the needs of the market where such safer substitutes are preferred over the traditional ones and will still be effective across a wide range of applications.
Phenolic Antioxidants Market Opportunities
  • Growth Opportunities in the Phenolic Antioxidants Market Due to Better Extraction Methods: The phenolic antioxidants market is expected to witness significant growth opportunities as better extraction methods are expected to enable this. Better extraction technologies like supercritical fluid extraction and enzymatic have increased the yield and purity of natural phenolics, which in turn helps manufacturers source quality antioxidants from wider sources.
  • Cost Reduction and Competitive Advantage of Natural Phenolic Antioxidants: With increased operational efficiency and improved extraction methods, the cost of production of natural phenolic antioxidants also becomes low. This decline in the cost of production makes these substitutes viable even in the face of synthetic alternatives. Thus, it is anticipated that the manufacturers will allocate more resources towards the development of natural antioxidants resulting in better acceptance and adoption of these products in the market.
  • Innovation in Novel Antioxidants Driven by Advanced Extraction Technologies: On top of that, improved extraction methods also encourage the creation of novel antioxidants with predefined characteristics. This is beneficial to many industries, food, cosmetics, plastics and others, which have different requirements. Hence, companies are able to offer focused solutions and enhance their products from the rest of the market.

Market Report Scope

Key Selling Points

  • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Phenolic Antioxidants 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 Phenolic Antioxidants 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
World Geography

Have a question?

Analyst

Shejal

Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.

Analyst   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
MARKET PLAYERS
  • 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
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

Frequently Asked Questions


What is the future trend for the phenolic antioxidants market?

The shift toward natural alternatives is expected to be the key market trends.

Based on geography, which region held the largest share of the phenolic antioxidants market?

Based on geography, Asia Pacific held the largest share of the phenolic antioxidants market, due to the rapid industrialization and urbanization in countries like China and India have led to increased demand for plastics, rubber, and automotive products, which heavily rely on phenolic antioxidants for improved performance and longevity.

Which is the fastest growing segment based on source?

Based on source, the natural segment is expected to witness the fastest growth during the forecast period

What are the driving factors impacting the phenolic antioxidants market?

The expanding plastics and rubber industries is driving the market growth.

What are the key players operating in the phenolic antioxidants market?

Addivant; Adeka Corporation; BASF SE; Chitec Technology Co., Ltd.; Dorf Ketal; DSM; Lanxess AG; Oxiris Chemicals S. A.; SI Group; and SONGWON are some of the key players operating in the phenolic antioxidants market

What is the expected CAGR of the Phenolic Antioxidants Market?

The Phenolic Antioxidants Market is estimated to witness a CAGR of 6% from 2023 to 2031

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Phenolic Antioxidants Market - By Source
1.3.2 Phenolic Antioxidants Market - By Application
1.3.3 Phenolic Antioxidants Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. PHENOLIC ANTIOXIDANTS 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. PHENOLIC ANTIOXIDANTS 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. PHENOLIC ANTIOXIDANTS MARKET - GLOBAL MARKET ANALYSIS
6.1. PHENOLIC ANTIOXIDANTS - GLOBAL MARKET OVERVIEW
6.2. PHENOLIC ANTIOXIDANTS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. PHENOLIC ANTIOXIDANTS MARKET - REVENUE AND FORECASTS TO 2028 - SOURCE
7.1. OVERVIEW
7.2. SOURCE MARKET FORECASTS AND ANALYSIS
7.3. NATURAL
7.3.1. Overview
7.3.2. Natural Market Forecast and Analysis
7.4. SYNTHETIC
7.4.1. Overview
7.4.2. Synthetic Market Forecast and Analysis
8. PHENOLIC ANTIOXIDANTS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. FOOD
8.3.1. Overview
8.3.2. Food Market Forecast and Analysis
8.4. PLASTICS AND RUBBER
8.4.1. Overview
8.4.2. Plastics and Rubber Market Forecast and Analysis
8.5. PHARMACEUTICAL
8.5.1. Overview
8.5.2. Pharmaceutical Market Forecast and Analysis
8.6. COSMETIC
8.6.1. Overview
8.6.2. Cosmetic Market Forecast and Analysis
8.7. FUEL AND LUBRICANT
8.7.1. Overview
8.7.2. Fuel and Lubricant Market Forecast and Analysis

9. PHENOLIC ANTIOXIDANTS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Phenolic Antioxidants Market Overview
9.1.2 North America Phenolic Antioxidants Market Forecasts and Analysis
9.1.3 North America Phenolic Antioxidants Market Forecasts and Analysis - By Source
9.1.4 North America Phenolic Antioxidants Market Forecasts and Analysis - By Application
9.1.5 North America Phenolic Antioxidants Market Forecasts and Analysis - By Countries
9.1.5.1 Canada Phenolic Antioxidants Market
9.1.5.1.1 Canada Phenolic Antioxidants Market by Source
9.1.5.1.2 Canada Phenolic Antioxidants Market by Application
9.1.5.2 Mexico Phenolic Antioxidants Market
9.1.5.2.1 Mexico Phenolic Antioxidants Market by Source
9.1.5.2.2 Mexico Phenolic Antioxidants Market by Application
9.1.5.3 US Phenolic Antioxidants Market
9.1.5.3.1 US Phenolic Antioxidants Market by Source
9.1.5.3.2 US Phenolic Antioxidants Market by Application
9.2. EUROPE
9.2.1 Europe Phenolic Antioxidants Market Overview
9.2.2 Europe Phenolic Antioxidants Market Forecasts and Analysis
9.2.3 Europe Phenolic Antioxidants Market Forecasts and Analysis - By Source
9.2.4 Europe Phenolic Antioxidants Market Forecasts and Analysis - By Application
9.2.5 Europe Phenolic Antioxidants Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Phenolic Antioxidants Market
9.2.5.1.1 Germany Phenolic Antioxidants Market by Source
9.2.5.1.2 Germany Phenolic Antioxidants Market by Application
9.2.5.2 France Phenolic Antioxidants Market
9.2.5.2.1 France Phenolic Antioxidants Market by Source
9.2.5.2.2 France Phenolic Antioxidants Market by Application
9.2.5.3 Italy Phenolic Antioxidants Market
9.2.5.3.1 Italy Phenolic Antioxidants Market by Source
9.2.5.3.2 Italy Phenolic Antioxidants Market by Application
9.2.5.4 United Kingdom Phenolic Antioxidants Market
9.2.5.4.1 United Kingdom Phenolic Antioxidants Market by Source
9.2.5.4.2 United Kingdom Phenolic Antioxidants Market by Application
9.2.5.5 Russia Phenolic Antioxidants Market
9.2.5.5.1 Russia Phenolic Antioxidants Market by Source
9.2.5.5.2 Russia Phenolic Antioxidants Market by Application
9.2.5.6 Rest of Europe Phenolic Antioxidants Market
9.2.5.6.1 Rest of Europe Phenolic Antioxidants Market by Source
9.2.5.6.2 Rest of Europe Phenolic Antioxidants Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Phenolic Antioxidants Market Overview
9.3.2 Asia-Pacific Phenolic Antioxidants Market Forecasts and Analysis
9.3.3 Asia-Pacific Phenolic Antioxidants Market Forecasts and Analysis - By Source
9.3.4 Asia-Pacific Phenolic Antioxidants Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Phenolic Antioxidants Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Phenolic Antioxidants Market
9.3.5.1.1 Australia Phenolic Antioxidants Market by Source
9.3.5.1.2 Australia Phenolic Antioxidants Market by Application
9.3.5.2 China Phenolic Antioxidants Market
9.3.5.2.1 China Phenolic Antioxidants Market by Source
9.3.5.2.2 China Phenolic Antioxidants Market by Application
9.3.5.3 India Phenolic Antioxidants Market
9.3.5.3.1 India Phenolic Antioxidants Market by Source
9.3.5.3.2 India Phenolic Antioxidants Market by Application
9.3.5.4 Japan Phenolic Antioxidants Market
9.3.5.4.1 Japan Phenolic Antioxidants Market by Source
9.3.5.4.2 Japan Phenolic Antioxidants Market by Application
9.3.5.5 South Korea Phenolic Antioxidants Market
9.3.5.5.1 South Korea Phenolic Antioxidants Market by Source
9.3.5.5.2 South Korea Phenolic Antioxidants Market by Application
9.3.5.6 Rest of Asia-Pacific Phenolic Antioxidants Market
9.3.5.6.1 Rest of Asia-Pacific Phenolic Antioxidants Market by Source
9.3.5.6.2 Rest of Asia-Pacific Phenolic Antioxidants Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Phenolic Antioxidants Market Overview
9.4.2 Middle East and Africa Phenolic Antioxidants Market Forecasts and Analysis
9.4.3 Middle East and Africa Phenolic Antioxidants Market Forecasts and Analysis - By Source
9.4.4 Middle East and Africa Phenolic Antioxidants Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Phenolic Antioxidants Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Phenolic Antioxidants Market
9.4.5.1.1 South Africa Phenolic Antioxidants Market by Source
9.4.5.1.2 South Africa Phenolic Antioxidants Market by Application
9.4.5.2 Saudi Arabia Phenolic Antioxidants Market
9.4.5.2.1 Saudi Arabia Phenolic Antioxidants Market by Source
9.4.5.2.2 Saudi Arabia Phenolic Antioxidants Market by Application
9.4.5.3 U.A.E Phenolic Antioxidants Market
9.4.5.3.1 U.A.E Phenolic Antioxidants Market by Source
9.4.5.3.2 U.A.E Phenolic Antioxidants Market by Application
9.4.5.4 Rest of Middle East and Africa Phenolic Antioxidants Market
9.4.5.4.1 Rest of Middle East and Africa Phenolic Antioxidants Market by Source
9.4.5.4.2 Rest of Middle East and Africa Phenolic Antioxidants Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Phenolic Antioxidants Market Overview
9.5.2 South and Central America Phenolic Antioxidants Market Forecasts and Analysis
9.5.3 South and Central America Phenolic Antioxidants Market Forecasts and Analysis - By Source
9.5.4 South and Central America Phenolic Antioxidants Market Forecasts and Analysis - By Application
9.5.5 South and Central America Phenolic Antioxidants Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Phenolic Antioxidants Market
9.5.5.1.1 Brazil Phenolic Antioxidants Market by Source
9.5.5.1.2 Brazil Phenolic Antioxidants Market by Application
9.5.5.2 Argentina Phenolic Antioxidants Market
9.5.5.2.1 Argentina Phenolic Antioxidants Market by Source
9.5.5.2.2 Argentina Phenolic Antioxidants Market by Application
9.5.5.3 Rest of South and Central America Phenolic Antioxidants Market
9.5.5.3.1 Rest of South and Central America Phenolic Antioxidants Market by Source
9.5.5.3.2 Rest of South and Central America Phenolic Antioxidants 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. PHENOLIC ANTIOXIDANTS MARKET, KEY COMPANY PROFILES
11.1. ADDIVANT
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. ADEKA CORPORATION
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. BASF SE
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. CHITEC TECHNOLOGY CO., 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. DORF KETAL
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. DSM
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. LANXESS AG
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. OXIRIS CHEMICALS S. A.
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. SI GROUP
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. SONGWON
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. Addivant
2. Adeka Corporation
3. BASF SE
4. Chitec Technology Co., Ltd.
5. Dorf Ketal
6. DSM
7. Lanxess AG
8. Oxiris Chemicals S. A.
9. SI Group
10. SONGWON

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. 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.

  1. 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:

Research Methodology

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.

  1. 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.

  1. 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.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Trends and growth analysis reports related to Chemicals and Materials : READ MORE..