The Potassium Thiosulfate Fertilizer Market is expected to register a CAGR of 7% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by nutrient form (liquid, granular, others), mode of application (foliar spray, soil treatment, others). The report further presents analysis based on crop type (cereals and grains, pulses and oilseeds, fruits and vegetables, others). Global analysis is further broken-down at regional level and major countries. In terms of geography, the market is divided into North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America). The report offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Potassium Thiosulfate Fertilizer 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.
Potassium Thiosulfate Fertilizer Market Segmentation
Form- Liquid
- Granular
- Others
- Foliar Spray
- Soil Treatment
- Others
- Cereals and Grains
- Pulses and Oilseeds
- Fruits and Vegetables
- Others
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Strategic Insights
Potassium Thiosulfate Fertilizer Market Growth Drivers- Increasing Demand for Potassium Thiosulfate in High-Value Crop Production: Potassium serves as one of the most indispensable nutrients required for enhancing growth as well as the yield and quality of crops. In view of ever-increasing requirements for enhanced food production in the world, the global usage of potassium thiosulfate fertilizers on the rise as they are intensively used growing high valued crops especially thee vegetables and fruits which require potassium, because it helps them grow optimally.
- Potassium Thiosulfate as a Sustainable Alternative to Chemical Fertilizers: Potassium thiosulfate has been observed to be an improved method of supplying potassium and sulfur due to its higher nutrient efficiency over other simpler fertilizer. Farmers want to reduce their use of chemical fertilizers while still increasing crop yield; the use of this potassium thiosulfate solution is an efficient and less degrading solution to enhancing soil health.
- Role of Potassium Thiosulfate in Precision Agriculture for Enhanced Crop Productivity: With the increasing implementation of precision agriculture, there comes an increase in the use of potassium thiosulfate which is an efficient as well as customized fertilizer. These types of fertilizers help in nutrients management and can be applied on a specific area and therefore enhancing crop productivity while minimizing on wastage. This aspect further fuels the rise in use of potassium thiosulfate fertilizers.
- Sustainability in Agriculture Driving Potassium Thiosulfate Adoption: Sustainable farming practices are causing an increase in the usage of potassium thiosulphate fertilizers. Such fertilizers have a lesser adverse effect on the environment as compared to the traditional potassium sources, owing to the fact that they help in better controlled release of nutrients, thus encouraging better agricultural practices and minimizing the chances of nutrient loss.
- Increased Use of Potassium Thiosulfate in Herbicide Applications and Fertigation: Increasing application of potassium thiosulfate as a herbicide is also linked with liquid fertilizers gaining wide use, which enables the applicator to place the herbicide with greater precision, and the plant to absorb the nutrient more quickly than with solids. This approach is mainly common within fertigation systems owing to this technique being employed in high-value crops, increasing efficiency and ultimately crop yield.
- Efficiency of Potassium Thiosulfate Fertilizers in Water-Stressed Areas: The application of potassium thiosulfate fertilizer is commonly practiced in fertigation which involves irrigation plus fertilization. The strategy is on the rise as it helps enhance the application of nutrients, thus crop outputs, and efficiency of resources especially in areas characterized by water stress.
- Potassium Thiosulfate's Role in Specialty Crop Production: Potassium Thiosulfate fertilizers are perfect for crops that need nutrient precision such as high-value specialty crops like fruits, vegetables and flowers. With the increasing demand for organic and better-quality crops, potassium thiosulfate is well positioned to penetrate specialized agricultural markets.
- Integration with Precision Agriculture Technologies Enhances Fertilizer Efficiency: One of the opportunities for potassium thiosulfate fertilizers is the introduction of precision agriculture technologies. The fertilizers can work well with the modern application systems for efficient quantitative management of nutrition, which can positively impact crop output and reduce pollution as well as resource use on the farm.
- Opportunities for Potassium Thiosulfate in Developing Agricultural Markets: As developing countries embark on modernization of agricultural practices, there is a chance for the growing use of potassium thiosulfate fertilizers. They are beneficial to the farmers who reside in countries with a booming agricultural market because they help to increase crop yield, maximize nutrient use, and minimize harm to the soil.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Potassium Thiosulfate Fertilizer 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 Potassium Thiosulfate Fertilizer 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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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
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Based on geography, North America held the largest share of the potassium thiosulfate fertilizers market.
The growing shift towards balanced fertilization and use of nanotechnology in fertilizers acts as a key trend in the market.
ATP Nutrition Ltd, BASF SE, Coromandel International Limited, FMC Corporation, Haifa Group, Sapec Group, The Mosaic Company, Valagro Spa, Wolf Trax, Yara International ASA are the key players operating in the potassium thiosulfate fertilizers market.
The increasing adoption of precision agriculture and increasing crop yield demand are the major factors driving the market growth.
The Potassium Thiosulfate Fertilizer Market is estimated to witness a CAGR of 7% from 2023 to 2031
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Potassium Thiosulfate Fertilizer Market - By Type
1.3.2 Potassium Thiosulfate Fertilizer Market - By Application
1.3.3 Potassium Thiosulfate Fertilizer Market - By Region
1.3.3.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. POTASSIUM THIOSULFATE FERTILIZER 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. POTASSIUM THIOSULFATE FERTILIZER 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. POTASSIUM THIOSULFATE FERTILIZER MARKET - GLOBAL MARKET ANALYSIS
6.1. POTASSIUM THIOSULFATE FERTILIZER - GLOBAL MARKET OVERVIEW
6.2. POTASSIUM THIOSULFATE FERTILIZER - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. POTASSIUM THIOSULFATE FERTILIZER MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. BASE FERTILIZER
7.3.1. Overview
7.3.2. Base Fertilizer Market Forecast and Analysis
7.4. TOP DRESSING
7.4.1. Overview
7.4.2. Top Dressing Market Forecast and Analysis
8. POTASSIUM THIOSULFATE FERTILIZER MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. ECONOMIC CROPS
8.3.1. Overview
8.3.2. Economic Crops Market Forecast and Analysis
8.4. ORNAMENTAL
8.4.1. Overview
8.4.2. Ornamental Market Forecast and Analysis
8.5. TURFS
8.5.1. Overview
8.5.2. Turfs Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. POTASSIUM THIOSULFATE FERTILIZER MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Potassium Thiosulfate Fertilizer Market Overview
9.1.2 North America Potassium Thiosulfate Fertilizer Market Forecasts and Analysis
9.1.3 North America Potassium Thiosulfate Fertilizer Market Forecasts and Analysis - By Type
9.1.4 North America Potassium Thiosulfate Fertilizer Market Forecasts and Analysis - By Application
9.1.5 North America Potassium Thiosulfate Fertilizer Market Forecasts and Analysis - By Countries
9.1.5.1 United States Potassium Thiosulfate Fertilizer Market
9.1.5.1.1 United States Potassium Thiosulfate Fertilizer Market by Type
9.1.5.1.2 United States Potassium Thiosulfate Fertilizer Market by Application
9.1.5.2 Canada Potassium Thiosulfate Fertilizer Market
9.1.5.2.1 Canada Potassium Thiosulfate Fertilizer Market by Type
9.1.5.2.2 Canada Potassium Thiosulfate Fertilizer Market by Application
9.1.5.3 Mexico Potassium Thiosulfate Fertilizer Market
9.1.5.3.1 Mexico Potassium Thiosulfate Fertilizer Market by Type
9.1.5.3.2 Mexico Potassium Thiosulfate Fertilizer Market by Application
9.2. EUROPE
9.2.1 Europe Potassium Thiosulfate Fertilizer Market Overview
9.2.2 Europe Potassium Thiosulfate Fertilizer Market Forecasts and Analysis
9.2.3 Europe Potassium Thiosulfate Fertilizer Market Forecasts and Analysis - By Type
9.2.4 Europe Potassium Thiosulfate Fertilizer Market Forecasts and Analysis - By Application
9.2.5 Europe Potassium Thiosulfate Fertilizer Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Potassium Thiosulfate Fertilizer Market
9.2.5.1.1 Germany Potassium Thiosulfate Fertilizer Market by Type
9.2.5.1.2 Germany Potassium Thiosulfate Fertilizer Market by Application
9.2.5.2 France Potassium Thiosulfate Fertilizer Market
9.2.5.2.1 France Potassium Thiosulfate Fertilizer Market by Type
9.2.5.2.2 France Potassium Thiosulfate Fertilizer Market by Application
9.2.5.3 Italy Potassium Thiosulfate Fertilizer Market
9.2.5.3.1 Italy Potassium Thiosulfate Fertilizer Market by Type
9.2.5.3.2 Italy Potassium Thiosulfate Fertilizer Market by Application
9.2.5.4 United Kingdom Potassium Thiosulfate Fertilizer Market
9.2.5.4.1 United Kingdom Potassium Thiosulfate Fertilizer Market by Type
9.2.5.4.2 United Kingdom Potassium Thiosulfate Fertilizer Market by Application
9.2.5.5 Russia Potassium Thiosulfate Fertilizer Market
9.2.5.5.1 Russia Potassium Thiosulfate Fertilizer Market by Type
9.2.5.5.2 Russia Potassium Thiosulfate Fertilizer Market by Application
9.2.5.6 Rest of Europe Potassium Thiosulfate Fertilizer Market
9.2.5.6.1 Rest of Europe Potassium Thiosulfate Fertilizer Market by Type
9.2.5.6.2 Rest of Europe Potassium Thiosulfate Fertilizer Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Potassium Thiosulfate Fertilizer Market Overview
9.3.2 Asia-Pacific Potassium Thiosulfate Fertilizer Market Forecasts and Analysis
9.3.3 Asia-Pacific Potassium Thiosulfate Fertilizer Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Potassium Thiosulfate Fertilizer Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Potassium Thiosulfate Fertilizer Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Potassium Thiosulfate Fertilizer Market
9.3.5.1.1 Australia Potassium Thiosulfate Fertilizer Market by Type
9.3.5.1.2 Australia Potassium Thiosulfate Fertilizer Market by Application
9.3.5.2 China Potassium Thiosulfate Fertilizer Market
9.3.5.2.1 China Potassium Thiosulfate Fertilizer Market by Type
9.3.5.2.2 China Potassium Thiosulfate Fertilizer Market by Application
9.3.5.3 India Potassium Thiosulfate Fertilizer Market
9.3.5.3.1 India Potassium Thiosulfate Fertilizer Market by Type
9.3.5.3.2 India Potassium Thiosulfate Fertilizer Market by Application
9.3.5.4 Japan Potassium Thiosulfate Fertilizer Market
9.3.5.4.1 Japan Potassium Thiosulfate Fertilizer Market by Type
9.3.5.4.2 Japan Potassium Thiosulfate Fertilizer Market by Application
9.3.5.5 South Korea Potassium Thiosulfate Fertilizer Market
9.3.5.5.1 South Korea Potassium Thiosulfate Fertilizer Market by Type
9.3.5.5.2 South Korea Potassium Thiosulfate Fertilizer Market by Application
9.3.5.6 Rest of Asia-Pacific Potassium Thiosulfate Fertilizer Market
9.3.5.6.1 Rest of Asia-Pacific Potassium Thiosulfate Fertilizer Market by Type
9.3.5.6.2 Rest of Asia-Pacific Potassium Thiosulfate Fertilizer Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Potassium Thiosulfate Fertilizer Market Overview
9.4.2 Middle East and Africa Potassium Thiosulfate Fertilizer Market Forecasts and Analysis
9.4.3 Middle East and Africa Potassium Thiosulfate Fertilizer Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Potassium Thiosulfate Fertilizer Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Potassium Thiosulfate Fertilizer Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Potassium Thiosulfate Fertilizer Market
9.4.5.1.1 South Africa Potassium Thiosulfate Fertilizer Market by Type
9.4.5.1.2 South Africa Potassium Thiosulfate Fertilizer Market by Application
9.4.5.2 Saudi Arabia Potassium Thiosulfate Fertilizer Market
9.4.5.2.1 Saudi Arabia Potassium Thiosulfate Fertilizer Market by Type
9.4.5.2.2 Saudi Arabia Potassium Thiosulfate Fertilizer Market by Application
9.4.5.3 U.A.E Potassium Thiosulfate Fertilizer Market
9.4.5.3.1 U.A.E Potassium Thiosulfate Fertilizer Market by Type
9.4.5.3.2 U.A.E Potassium Thiosulfate Fertilizer Market by Application
9.4.5.4 Rest of Middle East and Africa Potassium Thiosulfate Fertilizer Market
9.4.5.4.1 Rest of Middle East and Africa Potassium Thiosulfate Fertilizer Market by Type
9.4.5.4.2 Rest of Middle East and Africa Potassium Thiosulfate Fertilizer Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Potassium Thiosulfate Fertilizer Market Overview
9.5.2 South and Central America Potassium Thiosulfate Fertilizer Market Forecasts and Analysis
9.5.3 South and Central America Potassium Thiosulfate Fertilizer Market Forecasts and Analysis - By Type
9.5.4 South and Central America Potassium Thiosulfate Fertilizer Market Forecasts and Analysis - By Application
9.5.5 South and Central America Potassium Thiosulfate Fertilizer Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Potassium Thiosulfate Fertilizer Market
9.5.5.1.1 Brazil Potassium Thiosulfate Fertilizer Market by Type
9.5.5.1.2 Brazil Potassium Thiosulfate Fertilizer Market by Application
9.5.5.2 Argentina Potassium Thiosulfate Fertilizer Market
9.5.5.2.1 Argentina Potassium Thiosulfate Fertilizer Market by Type
9.5.5.2.2 Argentina Potassium Thiosulfate Fertilizer Market by Application
9.5.5.3 Rest of South and Central America Potassium Thiosulfate Fertilizer Market
9.5.5.3.1 Rest of South and Central America Potassium Thiosulfate Fertilizer Market by Type
9.5.5.3.2 Rest of South and Central America Potassium Thiosulfate Fertilizer 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. POTASSIUM THIOSULFATE FERTILIZER MARKET, KEY COMPANY PROFILES
11.1. HYDRITE CHEMICAL CO.
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. KODIA COMPANY LIMITED
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. MEARS FERTILIZER, INC.
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. NUFARM
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. OMNIA SPECIALITIES PTY
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. PLANT FOOD COMPANY
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. SHAKTI CHEMICALS
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. SPRAYGRO.
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. TESSENDERLO 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. TIB CHEMICALS AG
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. Hydrite Chemical Co.
2. Kodia Company Limited
3. Mears Fertilizer, Inc.
4. Nufarm
5. Omnia Specialities Pty
6. Plant Food Company,
7. Shakti Chemicals
8. SprayGro.
9. Tessenderlo Group
10. TIB Chemicals AG
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.
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- Validates and strengthens in-house secondary research findings
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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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