Polyvinyl Chloride (PVC) Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
MARKET OVERVIEW
Polyvinyl Chloride (PVC) is a thermoplastic polymer that is widely used in various industrial and commercial applications due to its chemical resistance, durability, and versatility. PVC is used in the production of various products, including pipes, siding, flooring, wire and cable insulation, and medical devices. Despite the challenges faced by the market, such as the rising prices of raw materials and growing environmental concerns surrounding the disposal of PVC products, the Polyvinyl Chloride (PVC) market is expected to experience growth in the forecast period. This is because of the increasing demand for PVC products and the development of new technologies to recycle PVC waste.
MARKET DYNAMICS
The polyvinyl chloride market is anticipated to grow rapidly on account of increased usage of plastics in automotive to reduce weight and enhance fuel economy. Growing demands of PVC from the construction industry and increasing applications in the healthcare industry further boost the polyvinyl chloride market. However, the shortage of feedstock supplies and hazardous impacts of PVC on human health and environment negatively affect the growth of the polyvinyl chloride market. The polyvinyl chloride market, on the other hand, is likely to showcase growth opportunities with the introduction of recycled PVC and thriving usage in electric vehicles during the forecast period.
MARKET SCOPE
The "Global Polyvinyl Chloride Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the polyvinyl chloride market with detailed market segmentation by product, application, end-user industry and geography. The global polyvinyl chloride market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading polyvinyl chloride market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global polyvinyl chloride market is segmented on the basis of product, application and end-user industry. Based on the product, the market is segmented as rigid PVC, flexible PVC, low-smoke PVC and chlorinated PVC. By application, the market is segmented as pipes and fittings, film and sheets, wire and cables, bottles, profiles, hoses and tubing and others. The market on the basis of the end-user industry is classified as building & construction, automotive, electrical & electronics, packaging, footwear, healthcare and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global polyvinyl chloride market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The polyvinyl chloride 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 polyvinyl chloride market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the polyvinyl chloride market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global polyvinyl chloride market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The polyvinyl chloride 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 polyvinyl chloride market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the polyvinyl chloride market in these regions.
MARKET PLAYERS
The reports cover key developments in the polyvinyl chloride market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from polyvinyl chloride market are anticipated to lucrative growth opportunities in the future with the rising demand for polyvinyl chloride in the global market. Below mentioned is the list of few companies engaged in the polyvinyl chloride market.
The report also includes the profiles of key polyvinyl chloride companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- China Chemical Industry Group Co., Ltd.
- Formosa Plastics Corporation
- INOVYN ChlorVinyls Limited (INEOS AG)
- KEM ONE HOLDING SAS
- LG Chem, Ltd.
- Mexichem, S.A.B. de C.V.
- Occidental Petroleum Corporation
- Shin-Etsu Chemical Co., Ltd.
- Westlake Chemical Corporation
- Xinjiang Zhongtai Chemical Co., Ltd.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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![Report Coverage](https://www.theinsightpartners.com/assets/rdimages/report_coverage.png)
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
![Segment Covered](https://www.theinsightpartners.com/assets/rdimages/segment_covered.png)
Segment Covered
This text is related
to segments covered.
![Regional Scope](https://www.theinsightpartners.com/assets/rdimages/regional_scope.png)
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
![Country Scope](https://www.theinsightpartners.com/assets/rdimages/country_scope.png)
Country Scope
This text is related
to country scope.
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 Polyvinyl Chloride (PVC) Market - By Product
1.3.2 Polyvinyl Chloride (PVC) Market - By Application
1.3.3 Polyvinyl Chloride (PVC) Market - By End-user Industry
1.3.4 Polyvinyl Chloride (PVC) Market - By Region
1.3.4.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. POLYVINYL CHLORIDE (PVC) 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. POLYVINYL CHLORIDE (PVC) 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. POLYVINYL CHLORIDE (PVC) MARKET - GLOBAL MARKET ANALYSIS
6.1. POLYVINYL CHLORIDE (PVC) - GLOBAL MARKET OVERVIEW
6.2. POLYVINYL CHLORIDE (PVC) - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. POLYVINYL CHLORIDE (PVC) MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. RIGID PVC
7.3.1. Overview
7.3.2. Rigid PVC Market Forecast and Analysis
7.4. FLEXIBLE PVC
7.4.1. Overview
7.4.2. Flexible PVC Market Forecast and Analysis
7.5. LOW-SMOKE PVC
7.5.1. Overview
7.5.2. Low-smoke PVC Market Forecast and Analysis
7.6. CHLORINATED PVC
7.6.1. Overview
7.6.2. Chlorinated PVC Market Forecast and Analysis
8. POLYVINYL CHLORIDE (PVC) MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. PIPES AND FITTINGS
8.3.1. Overview
8.3.2. Pipes and Fittings Market Forecast and Analysis
8.4. FILM AND SHEETS
8.4.1. Overview
8.4.2. Film and Sheets Market Forecast and Analysis
8.5. WIRE AND CABLES
8.5.1. Overview
8.5.2. Wire and Cables Market Forecast and Analysis
8.6. BOTTLES
8.6.1. Overview
8.6.2. Bottles Market Forecast and Analysis
8.7. PROFILES HOSES AND TUBING
8.7.1. Overview
8.7.2. Profiles Hoses and Tubing Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. POLYVINYL CHLORIDE (PVC) MARKET - REVENUE AND FORECASTS TO 2028 - END-USER INDUSTRY
9.1. OVERVIEW
9.2. END-USER INDUSTRY MARKET FORECASTS AND ANALYSIS
9.3. BUILDING AND CONSTRUCTION
9.3.1. Overview
9.3.2. Building and Construction Market Forecast and Analysis
9.4. AUTOMOTIVE
9.4.1. Overview
9.4.2. Automotive Market Forecast and Analysis
9.5. ELECTRICAL AND ELECTRONICS
9.5.1. Overview
9.5.2. Electrical and Electronics Market Forecast and Analysis
9.6. PACKAGING
9.6.1. Overview
9.6.2. Packaging Market Forecast and Analysis
9.7. FOOTWEAR
9.7.1. Overview
9.7.2. Footwear Market Forecast and Analysis
9.8. HEALTHCARE
9.8.1. Overview
9.8.2. Healthcare Market Forecast and Analysis
9.9. OTHERS
9.9.1. Overview
9.9.2. Others Market Forecast and Analysis
10. POLYVINYL CHLORIDE (PVC) MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Polyvinyl Chloride (PVC) Market Overview
10.1.2 North America Polyvinyl Chloride (PVC) Market Forecasts and Analysis
10.1.3 North America Polyvinyl Chloride (PVC) Market Forecasts and Analysis - By Product
10.1.4 North America Polyvinyl Chloride (PVC) Market Forecasts and Analysis - By Application
10.1.5 North America Polyvinyl Chloride (PVC) Market Forecasts and Analysis - By End-user Industry
10.1.6 North America Polyvinyl Chloride (PVC) Market Forecasts and Analysis - By Countries
10.1.6.1 United States Polyvinyl Chloride (PVC) Market
10.1.6.1.1 United States Polyvinyl Chloride (PVC) Market by Product
10.1.6.1.2 United States Polyvinyl Chloride (PVC) Market by Application
10.1.6.1.3 United States Polyvinyl Chloride (PVC) Market by End-user Industry
10.1.6.2 Canada Polyvinyl Chloride (PVC) Market
10.1.6.2.1 Canada Polyvinyl Chloride (PVC) Market by Product
10.1.6.2.2 Canada Polyvinyl Chloride (PVC) Market by Application
10.1.6.2.3 Canada Polyvinyl Chloride (PVC) Market by End-user Industry
10.1.6.3 Mexico Polyvinyl Chloride (PVC) Market
10.1.6.3.1 Mexico Polyvinyl Chloride (PVC) Market by Product
10.1.6.3.2 Mexico Polyvinyl Chloride (PVC) Market by Application
10.1.6.3.3 Mexico Polyvinyl Chloride (PVC) Market by End-user Industry
10.2. EUROPE
10.2.1 Europe Polyvinyl Chloride (PVC) Market Overview
10.2.2 Europe Polyvinyl Chloride (PVC) Market Forecasts and Analysis
10.2.3 Europe Polyvinyl Chloride (PVC) Market Forecasts and Analysis - By Product
10.2.4 Europe Polyvinyl Chloride (PVC) Market Forecasts and Analysis - By Application
10.2.5 Europe Polyvinyl Chloride (PVC) Market Forecasts and Analysis - By End-user Industry
10.2.6 Europe Polyvinyl Chloride (PVC) Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Polyvinyl Chloride (PVC) Market
10.2.6.1.1 Germany Polyvinyl Chloride (PVC) Market by Product
10.2.6.1.2 Germany Polyvinyl Chloride (PVC) Market by Application
10.2.6.1.3 Germany Polyvinyl Chloride (PVC) Market by End-user Industry
10.2.6.2 France Polyvinyl Chloride (PVC) Market
10.2.6.2.1 France Polyvinyl Chloride (PVC) Market by Product
10.2.6.2.2 France Polyvinyl Chloride (PVC) Market by Application
10.2.6.2.3 France Polyvinyl Chloride (PVC) Market by End-user Industry
10.2.6.3 Italy Polyvinyl Chloride (PVC) Market
10.2.6.3.1 Italy Polyvinyl Chloride (PVC) Market by Product
10.2.6.3.2 Italy Polyvinyl Chloride (PVC) Market by Application
10.2.6.3.3 Italy Polyvinyl Chloride (PVC) Market by End-user Industry
10.2.6.4 United Kingdom Polyvinyl Chloride (PVC) Market
10.2.6.4.1 United Kingdom Polyvinyl Chloride (PVC) Market by Product
10.2.6.4.2 United Kingdom Polyvinyl Chloride (PVC) Market by Application
10.2.6.4.3 United Kingdom Polyvinyl Chloride (PVC) Market by End-user Industry
10.2.6.5 Russia Polyvinyl Chloride (PVC) Market
10.2.6.5.1 Russia Polyvinyl Chloride (PVC) Market by Product
10.2.6.5.2 Russia Polyvinyl Chloride (PVC) Market by Application
10.2.6.5.3 Russia Polyvinyl Chloride (PVC) Market by End-user Industry
10.2.6.6 Rest of Europe Polyvinyl Chloride (PVC) Market
10.2.6.6.1 Rest of Europe Polyvinyl Chloride (PVC) Market by Product
10.2.6.6.2 Rest of Europe Polyvinyl Chloride (PVC) Market by Application
10.2.6.6.3 Rest of Europe Polyvinyl Chloride (PVC) Market by End-user Industry
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Polyvinyl Chloride (PVC) Market Overview
10.3.2 Asia-Pacific Polyvinyl Chloride (PVC) Market Forecasts and Analysis
10.3.3 Asia-Pacific Polyvinyl Chloride (PVC) Market Forecasts and Analysis - By Product
10.3.4 Asia-Pacific Polyvinyl Chloride (PVC) Market Forecasts and Analysis - By Application
10.3.5 Asia-Pacific Polyvinyl Chloride (PVC) Market Forecasts and Analysis - By End-user Industry
10.3.6 Asia-Pacific Polyvinyl Chloride (PVC) Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Polyvinyl Chloride (PVC) Market
10.3.6.1.1 Australia Polyvinyl Chloride (PVC) Market by Product
10.3.6.1.2 Australia Polyvinyl Chloride (PVC) Market by Application
10.3.6.1.3 Australia Polyvinyl Chloride (PVC) Market by End-user Industry
10.3.6.2 China Polyvinyl Chloride (PVC) Market
10.3.6.2.1 China Polyvinyl Chloride (PVC) Market by Product
10.3.6.2.2 China Polyvinyl Chloride (PVC) Market by Application
10.3.6.2.3 China Polyvinyl Chloride (PVC) Market by End-user Industry
10.3.6.3 India Polyvinyl Chloride (PVC) Market
10.3.6.3.1 India Polyvinyl Chloride (PVC) Market by Product
10.3.6.3.2 India Polyvinyl Chloride (PVC) Market by Application
10.3.6.3.3 India Polyvinyl Chloride (PVC) Market by End-user Industry
10.3.6.4 Japan Polyvinyl Chloride (PVC) Market
10.3.6.4.1 Japan Polyvinyl Chloride (PVC) Market by Product
10.3.6.4.2 Japan Polyvinyl Chloride (PVC) Market by Application
10.3.6.4.3 Japan Polyvinyl Chloride (PVC) Market by End-user Industry
10.3.6.5 South Korea Polyvinyl Chloride (PVC) Market
10.3.6.5.1 South Korea Polyvinyl Chloride (PVC) Market by Product
10.3.6.5.2 South Korea Polyvinyl Chloride (PVC) Market by Application
10.3.6.5.3 South Korea Polyvinyl Chloride (PVC) Market by End-user Industry
10.3.6.6 Rest of Asia-Pacific Polyvinyl Chloride (PVC) Market
10.3.6.6.1 Rest of Asia-Pacific Polyvinyl Chloride (PVC) Market by Product
10.3.6.6.2 Rest of Asia-Pacific Polyvinyl Chloride (PVC) Market by Application
10.3.6.6.3 Rest of Asia-Pacific Polyvinyl Chloride (PVC) Market by End-user Industry
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Polyvinyl Chloride (PVC) Market Overview
10.4.2 Middle East and Africa Polyvinyl Chloride (PVC) Market Forecasts and Analysis
10.4.3 Middle East and Africa Polyvinyl Chloride (PVC) Market Forecasts and Analysis - By Product
10.4.4 Middle East and Africa Polyvinyl Chloride (PVC) Market Forecasts and Analysis - By Application
10.4.5 Middle East and Africa Polyvinyl Chloride (PVC) Market Forecasts and Analysis - By End-user Industry
10.4.6 Middle East and Africa Polyvinyl Chloride (PVC) Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Polyvinyl Chloride (PVC) Market
10.4.6.1.1 South Africa Polyvinyl Chloride (PVC) Market by Product
10.4.6.1.2 South Africa Polyvinyl Chloride (PVC) Market by Application
10.4.6.1.3 South Africa Polyvinyl Chloride (PVC) Market by End-user Industry
10.4.6.2 Saudi Arabia Polyvinyl Chloride (PVC) Market
10.4.6.2.1 Saudi Arabia Polyvinyl Chloride (PVC) Market by Product
10.4.6.2.2 Saudi Arabia Polyvinyl Chloride (PVC) Market by Application
10.4.6.2.3 Saudi Arabia Polyvinyl Chloride (PVC) Market by End-user Industry
10.4.6.3 U.A.E Polyvinyl Chloride (PVC) Market
10.4.6.3.1 U.A.E Polyvinyl Chloride (PVC) Market by Product
10.4.6.3.2 U.A.E Polyvinyl Chloride (PVC) Market by Application
10.4.6.3.3 U.A.E Polyvinyl Chloride (PVC) Market by End-user Industry
10.4.6.4 Rest of Middle East and Africa Polyvinyl Chloride (PVC) Market
10.4.6.4.1 Rest of Middle East and Africa Polyvinyl Chloride (PVC) Market by Product
10.4.6.4.2 Rest of Middle East and Africa Polyvinyl Chloride (PVC) Market by Application
10.4.6.4.3 Rest of Middle East and Africa Polyvinyl Chloride (PVC) Market by End-user Industry
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Polyvinyl Chloride (PVC) Market Overview
10.5.2 South and Central America Polyvinyl Chloride (PVC) Market Forecasts and Analysis
10.5.3 South and Central America Polyvinyl Chloride (PVC) Market Forecasts and Analysis - By Product
10.5.4 South and Central America Polyvinyl Chloride (PVC) Market Forecasts and Analysis - By Application
10.5.5 South and Central America Polyvinyl Chloride (PVC) Market Forecasts and Analysis - By End-user Industry
10.5.6 South and Central America Polyvinyl Chloride (PVC) Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Polyvinyl Chloride (PVC) Market
10.5.6.1.1 Brazil Polyvinyl Chloride (PVC) Market by Product
10.5.6.1.2 Brazil Polyvinyl Chloride (PVC) Market by Application
10.5.6.1.3 Brazil Polyvinyl Chloride (PVC) Market by End-user Industry
10.5.6.2 Argentina Polyvinyl Chloride (PVC) Market
10.5.6.2.1 Argentina Polyvinyl Chloride (PVC) Market by Product
10.5.6.2.2 Argentina Polyvinyl Chloride (PVC) Market by Application
10.5.6.2.3 Argentina Polyvinyl Chloride (PVC) Market by End-user Industry
10.5.6.3 Rest of South and Central America Polyvinyl Chloride (PVC) Market
10.5.6.3.1 Rest of South and Central America Polyvinyl Chloride (PVC) Market by Product
10.5.6.3.2 Rest of South and Central America Polyvinyl Chloride (PVC) Market by Application
10.5.6.3.3 Rest of South and Central America Polyvinyl Chloride (PVC) Market by End-user Industry
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. POLYVINYL CHLORIDE (PVC) MARKET, KEY COMPANY PROFILES
12.1. CHINA CHEMICAL INDUSTRY GROUP CO., LTD.
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. FORMOSA PLASTICS CORPORATION
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. INOVYN CHLORVINYLS LIMITED (INEOS AG)
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. KEM ONE HOLDING SAS
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. LG CHEM, LTD.
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. MEXICHEM, S.A.B. DE C.V.
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. OCCIDENTAL PETROLEUM 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. SHIN-ETSU CHEMICAL CO., LTD.
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. WESTLAKE CHEMICAL 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. XINJIANG ZHONGTAI CHEMICAL CO., LTD.
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
The List of Companies
- China Chemical Industry Group Co., Ltd.
- Formosa Plastics Corporation
- INOVYN ChlorVinyls Limited (INEOS AG)
- KEM ONE HOLDING SAS
- LG Chem, Ltd.
- Mexichem, S.A.B. de C.V.
- Occidental Petroleum Corporation
- Shin-Etsu Chemical Co., Ltd.
- Westlake Chemical Corporation
- Xinjiang Zhongtai 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.