Plastic antioxidants Market Growth Report | 2021 to 2031
The Plastic antioxidants Market is expected to register a CAGR of 5% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
Plastic antioxidants Market covers analysis by Polymer Resin (Polyethylene, Polypropylene, Polyvinyl Chloride, Polystyrene, Acrylonitrile Butadiene Styrene); By Antioxidants Type (Phenolic, Phosphite and Phosphonite, Antioxidant Blends) , and Geography (North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America). Plastic antioxidants are additives used to prevent the degradation of plastic materials due to oxidation. Thee additives help to extend the lifespan of plastic products and maintain their physical properties, such as strength and appearance, over time. The use of plastic antioxidants is widespread in a variety of industries, including packaging, construction, automotive, and consumer goods.
Purpose of the ReportThe report Plastic 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.
Plastic antioxidants Market Segmentation
Polymer Resin- Polyethylene
- Polypropylene
- Polyvinyl Chloride
- Polystyrene
- Acrylonitrile Butadiene Styrene
- Phenolic
- Phosphite and Phosphonite
- Antioxidant Blends
Strategic Insights
Plastic antioxidants Market Growth Drivers- Growing Plastic Consumption: This is because of the growing demand for various sectors, including automotive, packaging, and construction applications which drive the plastic antioxidants market. When incorporated into plastics, antioxidants act against deterioration under the influence of heat, light, and oxygen, thus increasing the durability and lifespan of the polymer in different applications and enhancing its market growth.
- Environmental concern: The increasing awareness of the environment has increased the demand for other types of additives. Antioxidants increase plastic life and reduce environmental effects. They do this through increased recyclability and less frequent waste disposal, which is aligned with the sustainability objectives of industries like packaging or consumer goods.
- Growth in Automotive Industry: Therefore, the increasing demand for lightweight plastic materials in automobiles contributes to the increasing demand for antioxidants. They add protection against heat degradation and oxidation of the polymer parts of a car, thereby assuring long life and safety. Hence, they have increased the plastic antioxidants market.
- Sustainable Antioxidants: The progress of biobased natural and biodegradable antioxidants marks the trend as sustainability becomes a growing concern. These green additives will be used to substitute synthetic ones that might have detrimental effects on the ecosystem with greener alternatives for the plastics industry.
- Intelligent and Multifunctional Antioxidants: The industry is bullish about smart antioxidants now multifunctional. This latest class of additives would not only protect from oxidation but also provide other benefits such as enhancement in UV resistance, flame retardancy, and antimicrobial properties, augmenting the performance of plastics for diverse applications.
- Rising Scope of Recycled Plastics: Circular economies are increasingly being emphasized. Hence, the demand for antioxidants that would improve recycled plastic will exponentially grow. Antioxidants are key agents for the stabilization and integrity of recycled plastic products to be reused in the manufacture and consumers' products, resulting surge being that in the market.
- Emerging markets in Asia-Pacific: Many parts of the world, especially the Asia-pacific region, are rapidly being industrialized and urbanized, generating many opportunities for the plastic antioxidants market. Preference for high-performance, long-lasting plastics in the automotive, packaging, and consumer electronic goods makes it an excellent held market for antioxidants in the region.
- Growing Demand in Medical Plastics for Antioxidants: Antioxidants have opportunities as there is an increase in the use of plastics in medical devices, packaging, and implants. Additives make sure that the product has a long life tenure and is safe and stable, especially in cases where such products will require an extended shelf life and sterilization, thus pointing out high growth in this segment.
- Sustainability-driven Solutions: There might be a fast-growing base of demand for the sustainable recycling of plastics that manufacturers can use to leverage the market of antioxidants that will help to improve recyclability in plastic products. In terms of this circular economy of the plastics industry, they will be key enablers.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Plastic 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 Plastic 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
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- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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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
The Plastic antioxidants Market is estimated to witness a CAGR of 5% from 2023 to 2031
Growing plastic industry is a key driver in the market.
BASF, Songwon, Adeka Corporation, Solvay, SI Group, Clariant, Sumitomo Chemical, 3V Sigma USA, Dover Chemical Corporation, and Everspring Chemical Co., Ltd are some of the key players in the market.
The phenolic antioxidant type segment accounted for the largest market share in 2023
The North America market is expected to account for the highest CAGR during the forecast period owing to the increasing healthcare expenditure in the region.
Growing demand for bio-based antioxidants is an emerging trend in the market.
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 Plastic Antioxidants Market - By Polymer Resin
1.3.2 Plastic Antioxidants Market - By By Antioxidants Type
1.3.3 Plastic Antioxidants Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. PLASTIC ANTIOXIDANTS 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. PLASTIC 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, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. PLASTIC ANTIOXIDANTS MARKET - GLOBAL MARKET ANALYSIS
6.1. PLASTIC ANTIOXIDANTS - GLOBAL MARKET OVERVIEW
6.2. PLASTIC ANTIOXIDANTS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. PLASTIC ANTIOXIDANTS MARKET - REVENUE AND FORECASTS TO 2028 - POLYMER RESIN
7.1. OVERVIEW
7.2. POLYMER RESIN MARKET FORECASTS AND ANALYSIS
7.3. POLYETHYLENE
7.3.1. Overview
7.3.2. Polyethylene Market Forecast and Analysis
7.4. POLYPROPYLENE
7.4.1. Overview
7.4.2. Polypropylene Market Forecast and Analysis
7.5. POLYVINYL CHLORIDE
7.5.1. Overview
7.5.2. Polyvinyl Chloride Market Forecast and Analysis
7.6. POLYSTYRENE
7.6.1. Overview
7.6.2. Polystyrene Market Forecast and Analysis
7.7. ACRYLONITRILE BUTADIENE STYRENE
7.7.1. Overview
7.7.2. Acrylonitrile Butadiene Styrene Market Forecast and Analysis
8. PLASTIC ANTIOXIDANTS MARKET - REVENUE AND FORECASTS TO 2028 - BY ANTIOXIDANTS TYPE
8.1. OVERVIEW
8.2. BY ANTIOXIDANTS TYPE MARKET FORECASTS AND ANALYSIS
8.3. PHENOLIC
8.3.1. Overview
8.3.2. Phenolic Market Forecast and Analysis
8.4. PHOSPHITE AND PHOSPHONITE
8.4.1. Overview
8.4.2. Phosphite and Phosphonite Market Forecast and Analysis
8.5. ANTIOXIDANT BLENDS
8.5.1. Overview
8.5.2. Antioxidant Blends Market Forecast and Analysis
9. PLASTIC ANTIOXIDANTS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Plastic Antioxidants Market Overview
9.1.2 North America Plastic Antioxidants Market Forecasts and Analysis
9.1.3 North America Plastic Antioxidants Market Forecasts and Analysis - By Polymer Resin
9.1.4 North America Plastic Antioxidants Market Forecasts and Analysis - By By Antioxidants Type
9.1.5 North America Plastic Antioxidants Market Forecasts and Analysis - By Countries
9.1.5.1 Canada Plastic Antioxidants Market
9.1.5.1.1 Canada Plastic Antioxidants Market by Polymer Resin
9.1.5.1.2 Canada Plastic Antioxidants Market by By Antioxidants Type
9.1.5.2 Mexico Plastic Antioxidants Market
9.1.5.2.1 Mexico Plastic Antioxidants Market by Polymer Resin
9.1.5.2.2 Mexico Plastic Antioxidants Market by By Antioxidants Type
9.1.5.3 US Plastic Antioxidants Market
9.1.5.3.1 US Plastic Antioxidants Market by Polymer Resin
9.1.5.3.2 US Plastic Antioxidants Market by By Antioxidants Type
9.2. EUROPE
9.2.1 Europe Plastic Antioxidants Market Overview
9.2.2 Europe Plastic Antioxidants Market Forecasts and Analysis
9.2.3 Europe Plastic Antioxidants Market Forecasts and Analysis - By Polymer Resin
9.2.4 Europe Plastic Antioxidants Market Forecasts and Analysis - By By Antioxidants Type
9.2.5 Europe Plastic Antioxidants Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Plastic Antioxidants Market
9.2.5.1.1 Germany Plastic Antioxidants Market by Polymer Resin
9.2.5.1.2 Germany Plastic Antioxidants Market by By Antioxidants Type
9.2.5.2 France Plastic Antioxidants Market
9.2.5.2.1 France Plastic Antioxidants Market by Polymer Resin
9.2.5.2.2 France Plastic Antioxidants Market by By Antioxidants Type
9.2.5.3 Italy Plastic Antioxidants Market
9.2.5.3.1 Italy Plastic Antioxidants Market by Polymer Resin
9.2.5.3.2 Italy Plastic Antioxidants Market by By Antioxidants Type
9.2.5.4 United Kingdom Plastic Antioxidants Market
9.2.5.4.1 United Kingdom Plastic Antioxidants Market by Polymer Resin
9.2.5.4.2 United Kingdom Plastic Antioxidants Market by By Antioxidants Type
9.2.5.5 Russia Plastic Antioxidants Market
9.2.5.5.1 Russia Plastic Antioxidants Market by Polymer Resin
9.2.5.5.2 Russia Plastic Antioxidants Market by By Antioxidants Type
9.2.5.6 Rest of Europe Plastic Antioxidants Market
9.2.5.6.1 Rest of Europe Plastic Antioxidants Market by Polymer Resin
9.2.5.6.2 Rest of Europe Plastic Antioxidants Market by By Antioxidants Type
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Plastic Antioxidants Market Overview
9.3.2 Asia-Pacific Plastic Antioxidants Market Forecasts and Analysis
9.3.3 Asia-Pacific Plastic Antioxidants Market Forecasts and Analysis - By Polymer Resin
9.3.4 Asia-Pacific Plastic Antioxidants Market Forecasts and Analysis - By By Antioxidants Type
9.3.5 Asia-Pacific Plastic Antioxidants Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Plastic Antioxidants Market
9.3.5.1.1 Australia Plastic Antioxidants Market by Polymer Resin
9.3.5.1.2 Australia Plastic Antioxidants Market by By Antioxidants Type
9.3.5.2 China Plastic Antioxidants Market
9.3.5.2.1 China Plastic Antioxidants Market by Polymer Resin
9.3.5.2.2 China Plastic Antioxidants Market by By Antioxidants Type
9.3.5.3 India Plastic Antioxidants Market
9.3.5.3.1 India Plastic Antioxidants Market by Polymer Resin
9.3.5.3.2 India Plastic Antioxidants Market by By Antioxidants Type
9.3.5.4 Japan Plastic Antioxidants Market
9.3.5.4.1 Japan Plastic Antioxidants Market by Polymer Resin
9.3.5.4.2 Japan Plastic Antioxidants Market by By Antioxidants Type
9.3.5.5 South Korea Plastic Antioxidants Market
9.3.5.5.1 South Korea Plastic Antioxidants Market by Polymer Resin
9.3.5.5.2 South Korea Plastic Antioxidants Market by By Antioxidants Type
9.3.5.6 Rest of Asia-Pacific Plastic Antioxidants Market
9.3.5.6.1 Rest of Asia-Pacific Plastic Antioxidants Market by Polymer Resin
9.3.5.6.2 Rest of Asia-Pacific Plastic Antioxidants Market by By Antioxidants Type
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Plastic Antioxidants Market Overview
9.4.2 Middle East and Africa Plastic Antioxidants Market Forecasts and Analysis
9.4.3 Middle East and Africa Plastic Antioxidants Market Forecasts and Analysis - By Polymer Resin
9.4.4 Middle East and Africa Plastic Antioxidants Market Forecasts and Analysis - By By Antioxidants Type
9.4.5 Middle East and Africa Plastic Antioxidants Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Plastic Antioxidants Market
9.4.5.1.1 South Africa Plastic Antioxidants Market by Polymer Resin
9.4.5.1.2 South Africa Plastic Antioxidants Market by By Antioxidants Type
9.4.5.2 Saudi Arabia Plastic Antioxidants Market
9.4.5.2.1 Saudi Arabia Plastic Antioxidants Market by Polymer Resin
9.4.5.2.2 Saudi Arabia Plastic Antioxidants Market by By Antioxidants Type
9.4.5.3 U.A.E Plastic Antioxidants Market
9.4.5.3.1 U.A.E Plastic Antioxidants Market by Polymer Resin
9.4.5.3.2 U.A.E Plastic Antioxidants Market by By Antioxidants Type
9.4.5.4 Rest of Middle East and Africa Plastic Antioxidants Market
9.4.5.4.1 Rest of Middle East and Africa Plastic Antioxidants Market by Polymer Resin
9.4.5.4.2 Rest of Middle East and Africa Plastic Antioxidants Market by By Antioxidants Type
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Plastic Antioxidants Market Overview
9.5.2 South and Central America Plastic Antioxidants Market Forecasts and Analysis
9.5.3 South and Central America Plastic Antioxidants Market Forecasts and Analysis - By Polymer Resin
9.5.4 South and Central America Plastic Antioxidants Market Forecasts and Analysis - By By Antioxidants Type
9.5.5 South and Central America Plastic Antioxidants Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Plastic Antioxidants Market
9.5.5.1.1 Brazil Plastic Antioxidants Market by Polymer Resin
9.5.5.1.2 Brazil Plastic Antioxidants Market by By Antioxidants Type
9.5.5.2 Argentina Plastic Antioxidants Market
9.5.5.2.1 Argentina Plastic Antioxidants Market by Polymer Resin
9.5.5.2.2 Argentina Plastic Antioxidants Market by By Antioxidants Type
9.5.5.3 Rest of South and Central America Plastic Antioxidants Market
9.5.5.3.1 Rest of South and Central America Plastic Antioxidants Market by Polymer Resin
9.5.5.3.2 Rest of South and Central America Plastic Antioxidants Market by By Antioxidants Type
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. PLASTIC ANTIOXIDANTS MARKET, KEY COMPANY PROFILES
11.1. BASF
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. SONGWON
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. ADEKA CORPORATION
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. SOLVAY
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. SI GROUP
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. CLARIANT
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. SUMITOMO CHEMICAL
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. 3V SIGMA USA
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. DOVER CHEMICAL CORPORATION
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. EVERSPRING CHEMICAL CO. LTD.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies
- BASF
- Songwon
- Adeka Corporation
- Solvay
- SI Group
- Clariant
- Sumitomo Chemical
- 3V Sigma USA
- Dover Chemical Corporation
- Everspring Chemical 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.
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