Refined Naphthalene Market Growth Report 2021 to 2031
The Refined Naphthalene Market is expected to register a CAGR of 3% from 2023 to 2031, with a market size expanding from US$ XX Million in 2023 to US$ XX Million by 2031.
The refined naphthalene market report is segmented by source (petroleum and coal tar). The market is segmented based on end-use industry (chemical, building and construction, textile, agriculture, pharmaceutical, household, and others). 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 ReportThe report Refined Naphthalene 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.
Refined Naphthalene Market Segmentation
Source- Petroleum and Coal Tar
- Chemicals
- Building and Construction
- Textile
- Agriculture
- Pharmaceutical
- Household
Strategic Insights
Refined Naphthalene Market Growth Drivers- Growing Demand for Refined Naphthalene in Phthalic Anhydride and End-Use Applications: Refined naphthalene is a major existence of phthalic anhydride in end-use applications including plasticizers, resins, and others which in turn are converted to plastic, paint, and coating applications. As demand for phthalic anhydride increases with the growing automotive, constructions, and packaging industries, so does the demand for refined naphthalene because phthalic anhydride is one of the major end-use applications of refined naphthalene on the global scale.
- Increasing Demand for Refined Naphthalene in Automotive and Construction: Refined naphthalene is used in the making of additives for the application in the automotive and construction sectors. For instance, naphthalene in the automotive industry is used in the making of chemicals for producing tires with better tire performance and durability. Again, naphthalene-type naphthalene compounds make up the category of superplasticizers in the construction industry that enhance concrete strength and workability. Hence, the resulting demand in these industries keeps heightening, especially with improving global infrastructure and urbanization in developing parts of the world.
- Refined Naphthalene in Cleaning and Personal Care: This is also a driving opportunity for refined naphthalene as a component for product surfactants and disinfectants used primarily in cleaning, detergents, and personal care applications around the world. As far as the global market is concerned, increase in hygiene awareness, especially post-COVID, along with rising household cleaning product demand, has led to further consumption of refined naphthalene as raw material. Additionally, it is further enhancing the personal care and cleaning industries with the steady growth trend of the market.
- Shift Towards Greener Methods: The refined naphthalene market is poised for a rather sizeable revolution as industries shift to more sustainable production methods. Pressure mounts on chemical manufacturers to adopt more green and sustainable methods of manufacture. This development of alternative feedstocks, of energy-efficient technologies and cleaner production processes will be critical massively in what the market will shape itself into. Even more, the trend toward bio-based or less environmentally harmful naphthalene derivatives could become more common as a result of global sustainability becoming a major focus.
- Advancements in Concrete Performance and Sustainability: Superplasticizers are majorly referred to in the refined naphthalene applications category. They are among the systems that have been employed in the manufacture of concrete, with which they enhance the workability of concrete and reduce the water content. Major trends in that one area show the development of more sophisticated and efficient superplasticizers with enhanced properties and reduced environmental impact. Existing construction practices are evolving and high-performance concrete seeks become an increasing demand; hence, advances in this aspect of superplasticizers technology will ensure that the supplies of refined naphthalene do not dwindle.
- Green Additives for High-Performance, Fuel-Efficient Vehicles: The automotive industry is regarding the high demand for the refined naphthalene now in the manufacture of naphthalene-based additives since automakers are turning green by manufacturing light and fuel-efficient high-performing vehicles. New applications that would utilize refined naphthalene would be in the manufacture of tires and other automotive products such as coatings and resins further fuelled by newer vehicles where the performance materials would be critical in the meeting of stringent emission regulations, as well as overall efficiency.
- Supporting Sustainability in Construction: The agenda of the construction industry in sustainability and the use of green building materials has opened up yet another niche for intending naphthalene manufacturers: that of being a green building material. Naphthalene-based superplasticizers may increase the strength, workability, and durability of concrete from green building sites. As there are countries that adopt green building regulations and energy-efficient construction methods, the demand for refined naphthalene as part of these materials is expected to rise.
- Emerging Markets Drive Growth in Refined Naphthalene Demand: These developments-cum emerging markets hold massive growth potential of the refined naphthalene market in areas such as Asia-pacific, Latin America, and Africa. Basically, the main propelling forces towards infrastructural developments, triggering a demand for construction materials, are industrialization and urbanization. The consumption of automotive products, chemicals, and consumer goods continues to surge in the regions, which are thus bolstering the demand for refined naphthalene in diverse application areas. Therefore, these companies expanding into emergent markets should enhance their production volume and distribution networks as they will god-serve the needs of local areas.
- Investing in Biodegradable Naphthalene: As the world is advancing towards sustainability, there remains a clear opportunity for the naphthalene manufacturer to invest in R&D for biodegradability while closely resembling the performance at par with the tradition naphthalene product. The preparation of naphthalene derivatives with a quicker or reduced environmental impact could help meet an increasing regulatory pressure while opening new markets. Hence, innovation by various companies in this area would gain a competitive edge in the international refined naphthalene market.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Refined Naphthalene 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 Refined Naphthalene 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
The Refined Naphthalene Market is estimated to witness a CAGR of 3% from 2023 to 2031
Increasing demand in the production of phthalic anhydride are driving the market growth.
Koppers Inc, Himadri Specialty Chemical Ltd, Química del Nalón SA, BASF SE, Rain Carbon Inc, JFE Chemical Corporation, Akshar International, Chemical Corp Pvt Ltd, Arham Petrochem Pvt Ltd. and Gautam Zen International are the key players operating in the refined naphthalene market.
Based on end-use industry, the chemicals segment is expected to witness the fastest growth during the forecast period.
Based on geography, Asia Pacific held the largest share of the refined naphthalene market due to the strong growth of the chemicals industry in the region.
Shift toward eco-friendly and sustainable production methods are expected to be the key market trends.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Refined Naphthalene Market - By Source
1.3.2 Refined Naphthalene Market - By End User
1.3.3 Refined Naphthalene Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. REFINED NAPHTHALENE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. REFINED NAPHTHALENE 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. REFINED NAPHTHALENE MARKET - GLOBAL MARKET ANALYSIS
6.1. REFINED NAPHTHALENE - GLOBAL MARKET OVERVIEW
6.2. REFINED NAPHTHALENE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. REFINED NAPHTHALENE MARKET - REVENUE AND FORECASTS TO 2028 - SOURCE
7.1. OVERVIEW
7.2. SOURCE MARKET FORECASTS AND ANALYSIS
7.3. PETROLEUM
7.3.1. Overview
7.3.2. Petroleum Market Forecast and Analysis
7.4. COAL TAR
7.4.1. Overview
7.4.2. Coal Tar Market Forecast and Analysis
8. REFINED NAPHTHALENE MARKET - REVENUE AND FORECASTS TO 2028 - END USER
8.1. OVERVIEW
8.2. END USER MARKET FORECASTS AND ANALYSIS
8.3. TEXTILE
8.3.1. Overview
8.3.2. Textile Market Forecast and Analysis
8.4. HOUSEHOLD
8.4.1. Overview
8.4.2. Household Market Forecast and Analysis
8.5. AGRICULTURE
8.5.1. Overview
8.5.2. Agriculture Market Forecast and Analysis
8.6. CONSTRUCTION(CEMENT)
8.6.1. Overview
8.6.2. construction(Cement) Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. REFINED NAPHTHALENE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Refined Naphthalene Market Overview
9.1.2 North America Refined Naphthalene Market Forecasts and Analysis
9.1.3 North America Refined Naphthalene Market Forecasts and Analysis - By Source
9.1.4 North America Refined Naphthalene Market Forecasts and Analysis - By End User
9.1.5 North America Refined Naphthalene Market Forecasts and Analysis - By Countries
9.1.5.1 Canada Refined Naphthalene Market
9.1.5.1.1 Canada Refined Naphthalene Market by Source
9.1.5.1.2 Canada Refined Naphthalene Market by End User
9.1.5.2 Mexico Refined Naphthalene Market
9.1.5.2.1 Mexico Refined Naphthalene Market by Source
9.1.5.2.2 Mexico Refined Naphthalene Market by End User
9.1.5.3 US Refined Naphthalene Market
9.1.5.3.1 US Refined Naphthalene Market by Source
9.1.5.3.2 US Refined Naphthalene Market by End User
9.2. EUROPE
9.2.1 Europe Refined Naphthalene Market Overview
9.2.2 Europe Refined Naphthalene Market Forecasts and Analysis
9.2.3 Europe Refined Naphthalene Market Forecasts and Analysis - By Source
9.2.4 Europe Refined Naphthalene Market Forecasts and Analysis - By End User
9.2.5 Europe Refined Naphthalene Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Refined Naphthalene Market
9.2.5.1.1 Germany Refined Naphthalene Market by Source
9.2.5.1.2 Germany Refined Naphthalene Market by End User
9.2.5.2 France Refined Naphthalene Market
9.2.5.2.1 France Refined Naphthalene Market by Source
9.2.5.2.2 France Refined Naphthalene Market by End User
9.2.5.3 Italy Refined Naphthalene Market
9.2.5.3.1 Italy Refined Naphthalene Market by Source
9.2.5.3.2 Italy Refined Naphthalene Market by End User
9.2.5.4 United Kingdom Refined Naphthalene Market
9.2.5.4.1 United Kingdom Refined Naphthalene Market by Source
9.2.5.4.2 United Kingdom Refined Naphthalene Market by End User
9.2.5.5 Russia Refined Naphthalene Market
9.2.5.5.1 Russia Refined Naphthalene Market by Source
9.2.5.5.2 Russia Refined Naphthalene Market by End User
9.2.5.6 Rest of Europe Refined Naphthalene Market
9.2.5.6.1 Rest of Europe Refined Naphthalene Market by Source
9.2.5.6.2 Rest of Europe Refined Naphthalene Market by End User
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Refined Naphthalene Market Overview
9.3.2 Asia-Pacific Refined Naphthalene Market Forecasts and Analysis
9.3.3 Asia-Pacific Refined Naphthalene Market Forecasts and Analysis - By Source
9.3.4 Asia-Pacific Refined Naphthalene Market Forecasts and Analysis - By End User
9.3.5 Asia-Pacific Refined Naphthalene Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Refined Naphthalene Market
9.3.5.1.1 Australia Refined Naphthalene Market by Source
9.3.5.1.2 Australia Refined Naphthalene Market by End User
9.3.5.2 China Refined Naphthalene Market
9.3.5.2.1 China Refined Naphthalene Market by Source
9.3.5.2.2 China Refined Naphthalene Market by End User
9.3.5.3 India Refined Naphthalene Market
9.3.5.3.1 India Refined Naphthalene Market by Source
9.3.5.3.2 India Refined Naphthalene Market by End User
9.3.5.4 Japan Refined Naphthalene Market
9.3.5.4.1 Japan Refined Naphthalene Market by Source
9.3.5.4.2 Japan Refined Naphthalene Market by End User
9.3.5.5 South Korea Refined Naphthalene Market
9.3.5.5.1 South Korea Refined Naphthalene Market by Source
9.3.5.5.2 South Korea Refined Naphthalene Market by End User
9.3.5.6 Rest of Asia-Pacific Refined Naphthalene Market
9.3.5.6.1 Rest of Asia-Pacific Refined Naphthalene Market by Source
9.3.5.6.2 Rest of Asia-Pacific Refined Naphthalene Market by End User
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Refined Naphthalene Market Overview
9.4.2 Middle East and Africa Refined Naphthalene Market Forecasts and Analysis
9.4.3 Middle East and Africa Refined Naphthalene Market Forecasts and Analysis - By Source
9.4.4 Middle East and Africa Refined Naphthalene Market Forecasts and Analysis - By End User
9.4.5 Middle East and Africa Refined Naphthalene Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Refined Naphthalene Market
9.4.5.1.1 South Africa Refined Naphthalene Market by Source
9.4.5.1.2 South Africa Refined Naphthalene Market by End User
9.4.5.2 Saudi Arabia Refined Naphthalene Market
9.4.5.2.1 Saudi Arabia Refined Naphthalene Market by Source
9.4.5.2.2 Saudi Arabia Refined Naphthalene Market by End User
9.4.5.3 U.A.E Refined Naphthalene Market
9.4.5.3.1 U.A.E Refined Naphthalene Market by Source
9.4.5.3.2 U.A.E Refined Naphthalene Market by End User
9.4.5.4 Rest of Middle East and Africa Refined Naphthalene Market
9.4.5.4.1 Rest of Middle East and Africa Refined Naphthalene Market by Source
9.4.5.4.2 Rest of Middle East and Africa Refined Naphthalene Market by End User
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Refined Naphthalene Market Overview
9.5.2 South and Central America Refined Naphthalene Market Forecasts and Analysis
9.5.3 South and Central America Refined Naphthalene Market Forecasts and Analysis - By Source
9.5.4 South and Central America Refined Naphthalene Market Forecasts and Analysis - By End User
9.5.5 South and Central America Refined Naphthalene Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Refined Naphthalene Market
9.5.5.1.1 Brazil Refined Naphthalene Market by Source
9.5.5.1.2 Brazil Refined Naphthalene Market by End User
9.5.5.2 Argentina Refined Naphthalene Market
9.5.5.2.1 Argentina Refined Naphthalene Market by Source
9.5.5.2.2 Argentina Refined Naphthalene Market by End User
9.5.5.3 Rest of South and Central America Refined Naphthalene Market
9.5.5.3.1 Rest of South and Central America Refined Naphthalene Market by Source
9.5.5.3.2 Rest of South and Central America Refined Naphthalene Market by End User
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. REFINED NAPHTHALENE 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. QUíMICA DEL NALóN, S.A
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. RAIN CARBON 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. RECOCHEM 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. DEZA A.S
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. KOPPER INC.
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. HIMADRI SPECIALTY CHEMICAL LIMITED
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. TORONTO RESEARCH CHEMICAL
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. JFE 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. JINING CARBON GROUP 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
1.BASF SE
2.Química del Nalón, S.A
3.Rain Carbon Inc
4.Recochem Corporation
5.DEZA a.s
6.Kopper Inc.
7.Himadri Specialty Chemical Limited
8.Toronto Research Chemical
9.JFE Chemical Corporation
10.Jining Carbon Group 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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