Polymer Additives Market Statistics, Trends, Size, Share, Analysis, Key Players by 2031

Coverage: Polymer Additives Market covers analysis By Type (Stabilizers, Plasticizers, Antioxidants, Flame Retardants, Others); Application (PVC and Vinyl, Polyolefin, Biopolymers, Polyethylene, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00028418
  • Category : Chemicals and Materials
  • No. of Pages : 150
Buy Now

Polymer Additives Market Forecast (2024-2031)

Buy Now

The Polymer Additives 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.

The polymer additives market report is segmented by type (plasticizers, stabilizers, anti-oxidants, blowing agents, flame retardants, nucleating agents, colorants, odor additives, and others). The market is segmented based on the plastic type (acrylonitrile butadiene styrene, polycarbonate, polyetherketone, polyethylene, polypropylene, polystyrene, polyvinyl chloride, polyetheretherketone, polyphenylene sulfide, and others). The market is segmented based on the end-use industry (packaging, automotive, building and construction, consumer goods, medical, electrical and electronics, and others). The global analysis is further broken down at the 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, segments, regions, and countries. The report covers market trends, as well as market dynamics such as drivers, restraints, and key opportunities. The report also covers industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments in the market.

Purpose of the Report

The report Polymer Additives 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.

Polymer Additives Market Segmentation

Type
  • Plasticizers
  • Stabilizers
  • Anti-Oxidants
  • Blowing Agents
  • Flame Retardants
  • Nucleating Agents
  • Colorants
  • Odor Additives
Plastic Type
  • Acrylonitrile Butadiene Styrene
  • Polycarbonate
  • Polyetherketone
  • Polyethylene
  • Polypropylene
  • Polystyrene
  • Polyvinyl Chloride
  • Polyetheretherketone
  • Polyphenylene Sulfide
End-Use Industry
  • Packaging
  • Automotive
  • Building and Construction
  • Consumer Goods
  • Medical
  • Electrical and Electronics
Geography
  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa
Geography
  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Strategic Insights

Polymer Additives Market Growth Drivers
  • Growing Demand for High-Performance Plastics: The proliferation of high performance plastics in various sectors such as automotive, packaging as well as construction, among others, acts as a major boost for the polymer fillers market. Since, manufacturers strive to improve the mechanical, thermal, and chemical performance of the plastics, it is expected that there will be an increase in demand for the additives having durability, flexibility and environmental stress crack resistance.
  • Sustainability Shift: There is a very strong shift in the development and usage of sustainable materials in process industries. Enterprising authorities and consumers are now more focused on the provision of green products. This has brought about innovations in the form of bio-based and compostable additives as well as systems architected for recyclability. There are companies in the market that are adopting green approaches where they develop additives that enhance the properties of polymer but do not harm the environment.
  • Advances in Polymer Chemistry and Additive Manufacturing: The growth of the market is also in due part to the changes that occur with respect to polymer chemistry and additive manufacturing. Additional types of additives, such as flame retarding agents, impact modifiers, and UV stabilizers, are produced for particular end use. The above enabled the development of polymers with better qualities and allowed the application of these polymers in more complex areas such as electronics and medical devices.
Polymer Additives Market Future Trends
  • Pioneering Intelligent Polymers for Next-Gen Applications: The smart materials and additive areas are coming together as a new development trend. Scientists are inventing additives that react to external influences, including heat, humidity, and light. Such “intelligent” polymers are capable of switching their properties on demand, thereby opening up many use applications including packaging, where freshness indicators or even self-healing technologies may revolutionize product shelf life and safety.
  • Favorable Environmental Regulations: As the world over the years has witnessed enforced restrictions on the production of materials that are harmful to the environment, the manufacturers will also have to follow suit, and compliance will be viewed as a market differentiator. This will thus create a market for safer additives that fulfill the safety and environmental needs of the users. Innovative materials compliant with existing regulations would have to be provided with some preliminary development efforts to improve the marketing situation for the content of companies. Thus, the remaining barriers to inventions will then focus on performance levels rather than compliance, similar to what happened in the past.
  • Circular Economy: The circular economy paradigm will create a subsequent need for additives enabling recyclability and biodegradability. As industries are in the process of eliminating waste and extending the life of products, the need for additives to ease the recycling process or to enhance the biodegradation of polymers will escalate.
Polymer Additives Market Opportunities
  • Industrialization and Urbanization: Growth factors such as rapid industrialization and urbanization in countries of the Asia pacific and Latin America present enticing growth prospects. As the markets grow, the demand for polymers and additives will be on the rise in the automotive sector, the construction industry, consumer goods and other industries. This suggests that companies have an opportunity in the same trend by making their products more region-specific.
  • Collaborative Partnerships: Use of additive technologies can be advanced by engaging the researchers and other players from the industry. This way, partners can manage the problems, tap into resources, and address issues that would not have been possible without the partnership. This holds true for also polymer industries where an upsurge of additive polymer products for the market will be witnessed.
  • Market Expansion Across Diverse Industries: The broad scope of polymer additives engenders product horizontal market expansion. New high-performance polymer materials are being developed and applied in other sectors, such as primary health, electronics, and sustainable energy. Thus, by venturing into these different industries, the producers will expand their market share and accelerate growth.

Market Report Scope

Key Selling Points

  • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Polymer Additives 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 Polymer Additives 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 expected CAGR of the Polymer Additives Market ?

The Polymer Additives Market is estimated to witness a CAGR of 5% from 2023 to 2031

What are the driving factors impacting the polymer additives market ?

Growing demand for high-performance plastics is driving the market growth.

What are the key players operating in the polymer additives market?

BASF SE, CLARIANT, Dow, LANXESS, Nouryon, Polymer Additives Group, ADEKA CORPORATION, Mitsui and Co.Plastics Ltd., Evonik, and Milliken and Company are the key players operating in the polymer additives market.

Which is the fastest growing segment based on end-use industry?

Based on end-use industry, the building and construction segment is expected to witness the fastest growth during the forecast period.

Based on geography, which region held the largest share of the polymer additives market?

Based on geography, Asia Pacific held the largest share of the polymer additives market due to the strong growth of the polymers industry in the region.

What is the future trend for polymer additives market?

Growing adoption of recyclable and biodegradable polymers is expected to be the key market trends.

TABLE OF CONTENTS

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

2.KEY TAKEAWAYS

3.RESEARCH METHODOLOGY

4.POLYMER ADDITIVES MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PORTER'S FIVE FORCES ANALYSIS
4.2.1Bargaining Power of Buyers
4.2.1Bargaining Power of Suppliers
4.2.1Threat of Substitute
4.2.1Threat of New Entrants
4.2.1Competitive Rivalry
4.3.EXPERT OPINIONS

5.POLYMER ADDITIVES 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.POLYMER ADDITIVES MARKET - GLOBAL MARKET ANALYSIS
6.1.POLYMER ADDITIVES - GLOBAL MARKET OVERVIEW
6.2.POLYMER ADDITIVES - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE

7.POLYMER ADDITIVES MARKET - REVENUE AND FORECASTS TO 2028 " TYPE
7.1.OVERVIEW
7.2.TYPE MARKET FORECASTS AND ANALYSIS
7.3.STABILIZERS
7.3.1.Overview
7.3.2.Stabilizers Market Forecast and Analysis
7.4.PLASTICIZERS
7.4.1.Overview
7.4.2.Plasticizers Market Forecast and Analysis
7.5.ANTIOXIDANTS
7.5.1.Overview
7.5.2.Antioxidants Market Forecast and Analysis
7.6.FLAME RETARDANTS
7.6.1.Overview
7.6.2.Flame Retardants Market Forecast and Analysis
7.7.OTHERS
7.7.1.Overview
7.7.2.Others Market Forecast and Analysis
8.POLYMER ADDITIVES MARKET - REVENUE AND FORECASTS TO 2028 " APPLICATION
8.1.OVERVIEW
8.2.APPLICATION MARKET FORECASTS AND ANALYSIS
8.3.PVC AND VINYL
8.3.1.Overview
8.3.2.PVC and Vinyl Market Forecast and Analysis
8.4.POLYOLEFIN
8.4.1.Overview
8.4.2.Polyolefin Market Forecast and Analysis
8.5.BIOPOLYMERS
8.5.1.Overview
8.5.2.Biopolymers Market Forecast and Analysis
8.6.POLYETHYLENE
8.6.1.Overview
8.6.2.Polyethylene Market Forecast and Analysis
8.7.OTHERS
8.7.1.Overview
8.7.2.Others Market Forecast and Analysis

9.POLYMER ADDITIVES MARKET REVENUE AND FORECASTS TO 2028 " GEOGRAPHICAL ANALYSIS
9.1.NORTH AMERICA
9.1.1North America Polymer Additives Market Overview
9.1.2North America Polymer Additives Market Forecasts and Analysis
9.1.3North America Polymer Additives Market Forecasts and Analysis - By Type
9.1.4North America Polymer Additives Market Forecasts and Analysis - By Application
9.1.5North America Polymer Additives Market Forecasts and Analysis - By Countries
9.1.5.1United States Polymer Additives Market
9.1.5.1.1United States Polymer Additives Market by Type
9.1.5.1.2United States Polymer Additives Market by Application
9.1.5.2Canada Polymer Additives Market
9.1.5.2.1Canada Polymer Additives Market by Type
9.1.5.2.2Canada Polymer Additives Market by Application
9.1.5.3Mexico Polymer Additives Market
9.1.5.3.1Mexico Polymer Additives Market by Type
9.1.5.3.2Mexico Polymer Additives Market by Application
9.2.EUROPE
9.2.1Europe Polymer Additives Market Overview
9.2.2Europe Polymer Additives Market Forecasts and Analysis
9.2.3Europe Polymer Additives Market Forecasts and Analysis - By Type
9.2.4Europe Polymer Additives Market Forecasts and Analysis - By Application
9.2.5Europe Polymer Additives Market Forecasts and Analysis - By Countries
9.2.5.1Germany Polymer Additives Market
9.2.5.1.1Germany Polymer Additives Market by Type
9.2.5.1.2Germany Polymer Additives Market by Application
9.2.5.2France Polymer Additives Market
9.2.5.2.1France Polymer Additives Market by Type
9.2.5.2.2France Polymer Additives Market by Application
9.2.5.3Italy Polymer Additives Market
9.2.5.3.1Italy Polymer Additives Market by Type
9.2.5.3.2Italy Polymer Additives Market by Application
9.2.5.4United Kingdom Polymer Additives Market
9.2.5.4.1United Kingdom Polymer Additives Market by Type
9.2.5.4.2United Kingdom Polymer Additives Market by Application
9.2.5.5Russia Polymer Additives Market
9.2.5.5.1Russia Polymer Additives Market by Type
9.2.5.5.2Russia Polymer Additives Market by Application
9.2.5.6Rest of Europe Polymer Additives Market
9.2.5.6.1Rest of Europe Polymer Additives Market by Type
9.2.5.6.2Rest of Europe Polymer Additives Market by Application
9.3.ASIA-PACIFIC
9.3.1Asia-Pacific Polymer Additives Market Overview
9.3.2Asia-Pacific Polymer Additives Market Forecasts and Analysis
9.3.3Asia-Pacific Polymer Additives Market Forecasts and Analysis - By Type
9.3.4Asia-Pacific Polymer Additives Market Forecasts and Analysis - By Application
9.3.5Asia-Pacific Polymer Additives Market Forecasts and Analysis - By Countries
9.3.5.1Australia Polymer Additives Market
9.3.5.1.1Australia Polymer Additives Market by Type
9.3.5.1.2Australia Polymer Additives Market by Application
9.3.5.2China Polymer Additives Market
9.3.5.2.1China Polymer Additives Market by Type
9.3.5.2.2China Polymer Additives Market by Application
9.3.5.3India Polymer Additives Market
9.3.5.3.1India Polymer Additives Market by Type
9.3.5.3.2India Polymer Additives Market by Application
9.3.5.4Japan Polymer Additives Market
9.3.5.4.1Japan Polymer Additives Market by Type
9.3.5.4.2Japan Polymer Additives Market by Application
9.3.5.5South Korea Polymer Additives Market
9.3.5.5.1South Korea Polymer Additives Market by Type
9.3.5.5.2South Korea Polymer Additives Market by Application
9.3.5.6Rest of Asia-Pacific Polymer Additives Market
9.3.5.6.1Rest of Asia-Pacific Polymer Additives Market by Type
9.3.5.6.2Rest of Asia-Pacific Polymer Additives Market by Application
9.4.MIDDLE EAST AND AFRICA
9.4.1Middle East and Africa Polymer Additives Market Overview
9.4.2Middle East and Africa Polymer Additives Market Forecasts and Analysis
9.4.3Middle East and Africa Polymer Additives Market Forecasts and Analysis - By Type
9.4.4Middle East and Africa Polymer Additives Market Forecasts and Analysis - By Application
9.4.5Middle East and Africa Polymer Additives Market Forecasts and Analysis - By Countries
9.4.5.1South Africa Polymer Additives Market
9.4.5.1.1South Africa Polymer Additives Market by Type
9.4.5.1.2South Africa Polymer Additives Market by Application
9.4.5.2Saudi Arabia Polymer Additives Market
9.4.5.2.1Saudi Arabia Polymer Additives Market by Type
9.4.5.2.2Saudi Arabia Polymer Additives Market by Application
9.4.5.3U.A.E Polymer Additives Market
9.4.5.3.1U.A.E Polymer Additives Market by Type
9.4.5.3.2U.A.E Polymer Additives Market by Application
9.4.5.4Rest of Middle East and Africa Polymer Additives Market
9.4.5.4.1Rest of Middle East and Africa Polymer Additives Market by Type
9.4.5.4.2Rest of Middle East and Africa Polymer Additives Market by Application
9.5.SOUTH AND CENTRAL AMERICA
9.5.1South and Central America Polymer Additives Market Overview
9.5.2South and Central America Polymer Additives Market Forecasts and Analysis
9.5.3South and Central America Polymer Additives Market Forecasts and Analysis - By Type
9.5.4South and Central America Polymer Additives Market Forecasts and Analysis - By Application
9.5.5South and Central America Polymer Additives Market Forecasts and Analysis - By Countries
9.5.5.1Brazil Polymer Additives Market
9.5.5.1.1Brazil Polymer Additives Market by Type
9.5.5.1.2Brazil Polymer Additives Market by Application
9.5.5.2Argentina Polymer Additives Market
9.5.5.2.1Argentina Polymer Additives Market by Type
9.5.5.2.2Argentina Polymer Additives Market by Application
9.5.5.3Rest of South and Central America Polymer Additives Market
9.5.5.3.1Rest of South and Central America Polymer Additives Market by Type
9.5.5.3.2Rest of South and Central America Polymer Additives 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.POLYMER ADDITIVES MARKET, KEY COMPANY PROFILES
11.1.BASF SE
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.CLARIANT LTD.
11.2.1.Key Facts
11.2.2.Business Description
11.2.3.Products and Services
11.2.4.Financial Overview
11.2.5.SWOT Analysis
11.2.6.Key Developments
11.3.DOW
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.EXXON MOBIL CORPORATION
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.HPL ADDITIVES LIMITED.
11.5.1.Key Facts
11.5.2.Business Description
11.5.3.Products and Services
11.5.4.Financial Overview
11.5.5.SWOT Analysis
11.5.6.Key Developments
11.6.KANEKA CORPORATION
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
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.MITSUI CHEMICALS, INC.
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.NOURYON
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.ZEON CHEMICALS L.P
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

1.BASF SE
2.Clariant Ltd.
3.Dow
4.Exxon Mobil Corporation
5.HPL Additives Limited.
6.KANEKA CORPORATION
7.Lanxess
8.Mitsui Chemicals, Inc.
9.Nouryon
10.Zeon Chemicals L.P

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..