Sodium Borohydride Market Report, Analysis, Opportunities by 2031
The Sodium Borohydride Market is expected to register a CAGR of 5% from 2024 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by Type (Powder-based, Aqueous Solution, Granular-based, and Others). The report presents analysis based on End Use (Paper and Pulp, Pharmaceuticals, Textile, Chemical, Electronics, and Others). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Sodium Borohydride 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.
Sodium Borohydride Market Segmentation
Type- Powder-based
- Aqueous Solution
- Granular-based
- Paper and Pulp
- Pharmaceuticals
- Textile
- Chemical
- Electronics
Strategic Insights
Sodium Borohydride Market Growth Drivers- Growing Demand for Pharmaceutical Industry: One of the major driving factors for the sodium borohydride market is the increasing demand for the pharmaceutical industry. Sodium borohydride in the pharmaceutical sector acts as a prominent reducing agent during the synthesis of active pharmaceutical ingredients. With the increase in demand for new drug medications and their treatments, the need for sodium borohydride in the manufacturing of drugs expands.
- Key Role in Synthesis of Life-Saving Drugs: Sodium borohydride is very important in the reduction of organic compounds. Its applications are direct towards compounds used in the synthesis of antibiotics, steroids, and drugs against cancers. Its extremely high efficiency and selectivity make it an ideal choice for pharmaceuticals. With the pharmaceutical industry expanding and gaining prominence, so will be the demand for quality sodium borohydride.
- Pharmaceutical Industry Growth Boosts Demand for Sodium Borohydride: The growth in the global pharmaceutical industry, mainly within emerging markets, is bound to increase further demand for chemicals when developing drugs. There is a need for increased spending on R&D for which specialized reagents like sodium borohydride are required. The business trend supports the continuation of the expansion of the sodium borohydride market.
- Technology Advancement: Advances in technology would be the primary growth factor future situations for sodium borohydride. Techniques developed to synthesize sodium borohydride at a lower cost means that more scalability, and thus availability to a wider range of industries. This consequently raises the overall market potential.
- Advancements in Drug Development Increase Demand for High-Purity Sodium Borohydride: Phasing the pharmaceutical industry with new technological advancements through better means now allows more complex drugs that mandate the existence of perfect chemical reduction processes. Sodium borohydride is an important intermediate to the synthesis of many APIs, and with the advancement of drug development, a greater, more pure sodium borohydride requirement will drive market growth.
- Green Chemistry and Catalytic Processes Enhance the Environmental Appeal of Sodium Borohydride: Technology has addressed the sustainability challenges related to the production of sodium borohydride. Also, there are green chemistry methods, besides various catalytic process enhancements, reducing environmental impacts. Along these lines for more sustainability, these innovations place sodium borohydride as a more attractive chemical in synthesis, explaining their expanding market shares across different sectors.
- Growth Opportunities in Emerging Markets for Sodium Borohydride: Huge growth opportunity exists in emerging markets. Industrialization in any region, especially Asia-Pacific, Latin America, and the Middle East, has pushed the horizon of chemicals in the pharmaceutical, agricultural, and energy sectors to new levels. Indeed, these markets are fast becoming the largest drivers of global demand for sodium borohydride.
- Pharmaceutical Industry Driving Sodium Borohydride Demand: The emerging markets in the pharmaceutical industry are on a roll in terms of drug manufacturing. API synthesis involves critical chemical reactions with sodium borohydride and growing manufacturing capacities in the region will open up avenues for rapid growth in the demand for sodium borohydride.
- Energy Sector Advancements Fueling Sodium Borohydride Opportunities: One more growth-enabling factor relates to development in energy sectors, with special concern related to renewable energy and hydrogen fuel cell technologies. Here a number of developing countries emphasize clean energy alternatives, thus making sodium borohydride widely used in the storage of hydrogen or in fuel cells. Although it will take the respective markets some time to build their energy infrastructure, demand for sodium borohydride will persist with a new opportunity to be set up for material producers.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Sodium Borohydride 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 Sodium Borohydride 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.
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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
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![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
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Frequently Asked Questions
Technology Advancement is expected to be the key market trends.
Based on geography, Asia Pacific held the largest share of the sodium borohydride market.
Based on type, powder-based is expected to witness the fastest growth during the forecast period
Growing Demand for Pharmaceutical Industry is driving the market growth
Anhui Jin'ao Chemical Co., Ltd., Jiangsu Huachang Chemical Co., Ltd, Kemira are some of the key players operating in the sodium borohydride market
The Sodium Borohydride Market is estimated to witness a CAGR of 5% 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 Sodium Borohydride Market - By Type
1.3.2 Sodium Borohydride Market - By Industry-vertical
1.3.3 Sodium Borohydride Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. SODIUM BOROHYDRIDE 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. SODIUM BOROHYDRIDE 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. SODIUM BOROHYDRIDE MARKET - GLOBAL MARKET ANALYSIS
6.1. SODIUM BOROHYDRIDE - GLOBAL MARKET OVERVIEW
6.2. SODIUM BOROHYDRIDE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. SODIUM BOROHYDRIDE MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. POWDER-BASED SODIUM BOROHYDRIDE
7.3.1. Overview
7.3.2. Powder-based sodium Borohydride Market Forecast and Analysis
7.4. AQUEOUS SOLUTION
7.4.1. Overview
7.4.2. Aqueous Solution Market Forecast and Analysis
7.5. GRANULAR-BASED SODIUM BOROHYDRIDE
7.5.1. Overview
7.5.2. Granular-based Sodium Borohydride Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. SODIUM BOROHYDRIDE MARKET - REVENUE AND FORECASTS TO 2028 - INDUSTRY-VERTICAL
8.1. OVERVIEW
8.2. INDUSTRY-VERTICAL MARKET FORECASTS AND ANALYSIS
8.3. PAPER AND PULP
8.3.1. Overview
8.3.2. Paper and Pulp Market Forecast and Analysis
8.4. PHARMACEUTICALS
8.4.1. Overview
8.4.2. Pharmaceuticals Market Forecast and Analysis
8.5. TEXTILE
8.5.1. Overview
8.5.2. Textile Market Forecast and Analysis
8.6. CHEMICAL
8.6.1. Overview
8.6.2. Chemical Market Forecast and Analysis
8.7. ELECTRONICS
8.7.1. Overview
8.7.2. Electronics Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. SODIUM BOROHYDRIDE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Sodium Borohydride Market Overview
9.1.2 North America Sodium Borohydride Market Forecasts and Analysis
9.1.3 North America Sodium Borohydride Market Forecasts and Analysis - By Type
9.1.4 North America Sodium Borohydride Market Forecasts and Analysis - By Industry-vertical
9.1.5 North America Sodium Borohydride Market Forecasts and Analysis - By Countries
9.1.5.1 United States Sodium Borohydride Market
9.1.5.1.1 United States Sodium Borohydride Market by Type
9.1.5.1.2 United States Sodium Borohydride Market by Industry-vertical
9.1.5.2 Canada Sodium Borohydride Market
9.1.5.2.1 Canada Sodium Borohydride Market by Type
9.1.5.2.2 Canada Sodium Borohydride Market by Industry-vertical
9.1.5.3 Mexico Sodium Borohydride Market
9.1.5.3.1 Mexico Sodium Borohydride Market by Type
9.1.5.3.2 Mexico Sodium Borohydride Market by Industry-vertical
9.2. EUROPE
9.2.1 Europe Sodium Borohydride Market Overview
9.2.2 Europe Sodium Borohydride Market Forecasts and Analysis
9.2.3 Europe Sodium Borohydride Market Forecasts and Analysis - By Type
9.2.4 Europe Sodium Borohydride Market Forecasts and Analysis - By Industry-vertical
9.2.5 Europe Sodium Borohydride Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Sodium Borohydride Market
9.2.5.1.1 Germany Sodium Borohydride Market by Type
9.2.5.1.2 Germany Sodium Borohydride Market by Industry-vertical
9.2.5.2 France Sodium Borohydride Market
9.2.5.2.1 France Sodium Borohydride Market by Type
9.2.5.2.2 France Sodium Borohydride Market by Industry-vertical
9.2.5.3 Italy Sodium Borohydride Market
9.2.5.3.1 Italy Sodium Borohydride Market by Type
9.2.5.3.2 Italy Sodium Borohydride Market by Industry-vertical
9.2.5.4 United Kingdom Sodium Borohydride Market
9.2.5.4.1 United Kingdom Sodium Borohydride Market by Type
9.2.5.4.2 United Kingdom Sodium Borohydride Market by Industry-vertical
9.2.5.5 Russia Sodium Borohydride Market
9.2.5.5.1 Russia Sodium Borohydride Market by Type
9.2.5.5.2 Russia Sodium Borohydride Market by Industry-vertical
9.2.5.6 Rest of Europe Sodium Borohydride Market
9.2.5.6.1 Rest of Europe Sodium Borohydride Market by Type
9.2.5.6.2 Rest of Europe Sodium Borohydride Market by Industry-vertical
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Sodium Borohydride Market Overview
9.3.2 Asia-Pacific Sodium Borohydride Market Forecasts and Analysis
9.3.3 Asia-Pacific Sodium Borohydride Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Sodium Borohydride Market Forecasts and Analysis - By Industry-vertical
9.3.5 Asia-Pacific Sodium Borohydride Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Sodium Borohydride Market
9.3.5.1.1 Australia Sodium Borohydride Market by Type
9.3.5.1.2 Australia Sodium Borohydride Market by Industry-vertical
9.3.5.2 China Sodium Borohydride Market
9.3.5.2.1 China Sodium Borohydride Market by Type
9.3.5.2.2 China Sodium Borohydride Market by Industry-vertical
9.3.5.3 India Sodium Borohydride Market
9.3.5.3.1 India Sodium Borohydride Market by Type
9.3.5.3.2 India Sodium Borohydride Market by Industry-vertical
9.3.5.4 Japan Sodium Borohydride Market
9.3.5.4.1 Japan Sodium Borohydride Market by Type
9.3.5.4.2 Japan Sodium Borohydride Market by Industry-vertical
9.3.5.5 South Korea Sodium Borohydride Market
9.3.5.5.1 South Korea Sodium Borohydride Market by Type
9.3.5.5.2 South Korea Sodium Borohydride Market by Industry-vertical
9.3.5.6 Rest of Asia-Pacific Sodium Borohydride Market
9.3.5.6.1 Rest of Asia-Pacific Sodium Borohydride Market by Type
9.3.5.6.2 Rest of Asia-Pacific Sodium Borohydride Market by Industry-vertical
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Sodium Borohydride Market Overview
9.4.2 Middle East and Africa Sodium Borohydride Market Forecasts and Analysis
9.4.3 Middle East and Africa Sodium Borohydride Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Sodium Borohydride Market Forecasts and Analysis - By Industry-vertical
9.4.5 Middle East and Africa Sodium Borohydride Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Sodium Borohydride Market
9.4.5.1.1 South Africa Sodium Borohydride Market by Type
9.4.5.1.2 South Africa Sodium Borohydride Market by Industry-vertical
9.4.5.2 Saudi Arabia Sodium Borohydride Market
9.4.5.2.1 Saudi Arabia Sodium Borohydride Market by Type
9.4.5.2.2 Saudi Arabia Sodium Borohydride Market by Industry-vertical
9.4.5.3 U.A.E Sodium Borohydride Market
9.4.5.3.1 U.A.E Sodium Borohydride Market by Type
9.4.5.3.2 U.A.E Sodium Borohydride Market by Industry-vertical
9.4.5.4 Rest of Middle East and Africa Sodium Borohydride Market
9.4.5.4.1 Rest of Middle East and Africa Sodium Borohydride Market by Type
9.4.5.4.2 Rest of Middle East and Africa Sodium Borohydride Market by Industry-vertical
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Sodium Borohydride Market Overview
9.5.2 South and Central America Sodium Borohydride Market Forecasts and Analysis
9.5.3 South and Central America Sodium Borohydride Market Forecasts and Analysis - By Type
9.5.4 South and Central America Sodium Borohydride Market Forecasts and Analysis - By Industry-vertical
9.5.5 South and Central America Sodium Borohydride Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Sodium Borohydride Market
9.5.5.1.1 Brazil Sodium Borohydride Market by Type
9.5.5.1.2 Brazil Sodium Borohydride Market by Industry-vertical
9.5.5.2 Argentina Sodium Borohydride Market
9.5.5.2.1 Argentina Sodium Borohydride Market by Type
9.5.5.2.2 Argentina Sodium Borohydride Market by Industry-vertical
9.5.5.3 Rest of South and Central America Sodium Borohydride Market
9.5.5.3.1 Rest of South and Central America Sodium Borohydride Market by Type
9.5.5.3.2 Rest of South and Central America Sodium Borohydride Market by Industry-vertical
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. SODIUM BOROHYDRIDE MARKET, KEY COMPANY PROFILES
11.1. ANHUI JIN'AO CHEMICAL CO., LTD.
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. JIANGSU HUACHANG CHEMICAL CO., 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. KEMIRA
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. MONTGOMERY CHEMICALS
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. NANTONG HONGZHI CHEMICAL CO., LTD
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. SHAANXI HANJIANG PHARMACEUTICAL GROUP CO., LTD
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. SHANDONG GUOBANG PHARMACEUTICAL CO., LTD
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. THE DOW CHEMICAL COMPANY
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. VERTELLUS SPECIALTY MATERIALS
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. ZHANGJIAGANG CITY JINYUAN BIOCHEMICAL 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. Anhui Jin'ao Chemical Co., Ltd.
2. Jiangsu Huachang Chemical Co., Ltd
3. Kemira
4. Montgomery Chemicals
5. Nantong Hongzhi Chemical Co., Ltd
6. Shaanxi Hanjiang Pharmaceutical Group Co., Ltd
7. Shandong Guobang Pharmaceutical Co., Ltd
8. The Dow Chemical Company
9. Vertellus Specialty Materials
10. Zhangjiagang City Jinyuan Biochemical 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.