Sodium Chlorite Market Key Players Analysis 2031
Sodium chlorite is a white solid, colorless and odorless inorganic sodium salt often used for producing chlorine dioxide and also act as an oxidizing agent. Sodium chlorite possesses a unique property of solving fully in water and partially in methanol and ethanol. Sodium chlorite is also used in the organic synthesis of oxidizing aldehydes to carboxylic acid as a reagent. The sodium chlorite helps in various applications such as treatment of water, eliminating the bacteria from oil wells, removing bacteria from pulp & textile, protect the food from contamination.
MARKET DYNAMICS
The global sodium chlorite market is growing at a significant pace owing to driving factors such as increasing demand for sodium chlorite for treatment of water. Furthermore, increasing demand from food processing industry due to its unique property of killing pathogenic bacteria is likely to drive the demand for sodium chlorite in the coming years. However, stringent envrionmental regulations and awareness of the negative effect of sodium chlorite may projected to hinder the growth of sodium chlorite market. Likewise, increase in deamand from automotive and electronics industries for treating its surface may provide a lucrative opportunity for the market players in the near future.
MARKET SCOPE
The "Global Sodium Chlorite Market Analysis to 2031" 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 sodium chlorite market with detailed market segmentation by type, applications, end use and geography. The global sodium chlorite market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading sodium chlorite market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global sodium chlorite market is segmented on the basis of type, application and end-use. On the basis of type, the sodium chlorite market is segmented into, Liquid form and solid form. On the basis of application, the market is bifurcated into, disinfectant, antimicrobial agent, bleaching agent, others. Based on end use industry, the global sodium chlorite market is segmented into, water treatment, paper and pulp, medical, textile, others.
REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global sodium chlorite market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The sodium chlorite 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 sodium chlorite 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 America after evaluating political, economic, social and technological factors affecting the sodium chlorite market in these regions.
Have a question?
Shejal
Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global sodium chlorite market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The sodium chlorite 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 sodium chlorite 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 America after evaluating political, economic, social and technological factors affecting the sodium chlorite market in these regions.
MARKET PLAYERSThe reports cover key developments in the sodium chlorite 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 way for the expansion of business and customer base of market players. The market payers from sodium chlorite market are anticipated to lucrative growth opportunities in the future with the rising demand for sodium chlorite in the global market. Below mentioned is the list of few companies engaged in the sodium chlorite market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the sodium chlorite market. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last 3 years, the key development in the past five years.
- Airedale Chemical Company Limited
- Alfa Aesar
- Dongying Shengya Chemical Co. Ltd.
- Dupont De Nemours Inc.
- Erco Worldwide Inc.
- Finetech Industry Limited
- Occidental Petroleum Corporation
- Shandong Gaomi Gaoyuan Chemical Industry Co. Ltd.
- Shree Chlorates
- Sigma-Aldrich Pty
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Sodium Chlorite Market - By Type
1.3.2 Sodium Chlorite Market - By Application
1.3.3 Sodium Chlorite Market - By End-use
1.3.4 Sodium Chlorite Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. SODIUM CHLORITE 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 CHLORITE 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. SODIUM CHLORITE MARKET - GLOBAL MARKET ANALYSIS
6.1. SODIUM CHLORITE - GLOBAL MARKET OVERVIEW
6.2. SODIUM CHLORITE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. SODIUM CHLORITE MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. LIQUID FORM
7.3.1. Overview
7.3.2. Liquid Form Market Forecast and Analysis
7.4. SOLID FORM
7.4.1. Overview
7.4.2. Solid Form Market Forecast and Analysis
8. SODIUM CHLORITE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. DISINFECTANT
8.3.1. Overview
8.3.2. Disinfectant Market Forecast and Analysis
8.4. ANTIMICROBIAL AGENT
8.4.1. Overview
8.4.2. Antimicrobial Agent Market Forecast and Analysis
8.5. BLEACHING AGENT
8.5.1. Overview
8.5.2. Bleaching Agent Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. SODIUM CHLORITE MARKET - REVENUE AND FORECASTS TO 2028 - END-USE
9.1. OVERVIEW
9.2. END-USE MARKET FORECASTS AND ANALYSIS
9.3. WATER TREATMENT
9.3.1. Overview
9.3.2. Water Treatment Market Forecast and Analysis
9.4. PAPER AND PULP
9.4.1. Overview
9.4.2. Paper and Pulp Market Forecast and Analysis
9.5. MEDICAL
9.5.1. Overview
9.5.2. Medical Market Forecast and Analysis
9.6. TEXTILE
9.6.1. Overview
9.6.2. Textile Market Forecast and Analysis
9.7. OTHERS
9.7.1. Overview
9.7.2. Others Market Forecast and Analysis
10. SODIUM CHLORITE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Sodium Chlorite Market Overview
10.1.2 North America Sodium Chlorite Market Forecasts and Analysis
10.1.3 North America Sodium Chlorite Market Forecasts and Analysis - By Type
10.1.4 North America Sodium Chlorite Market Forecasts and Analysis - By Application
10.1.5 North America Sodium Chlorite Market Forecasts and Analysis - By End-use
10.1.6 North America Sodium Chlorite Market Forecasts and Analysis - By Countries
10.1.6.1 Canada Sodium Chlorite Market
10.1.6.1.1 Canada Sodium Chlorite Market by Type
10.1.6.1.2 Canada Sodium Chlorite Market by Application
10.1.6.1.3 Canada Sodium Chlorite Market by End-use
10.1.6.2 Mexico Sodium Chlorite Market
10.1.6.2.1 Mexico Sodium Chlorite Market by Type
10.1.6.2.2 Mexico Sodium Chlorite Market by Application
10.1.6.2.3 Mexico Sodium Chlorite Market by End-use
10.1.6.3 US Sodium Chlorite Market
10.1.6.3.1 US Sodium Chlorite Market by Type
10.1.6.3.2 US Sodium Chlorite Market by Application
10.1.6.3.3 US Sodium Chlorite Market by End-use
10.2. EUROPE
10.2.1 Europe Sodium Chlorite Market Overview
10.2.2 Europe Sodium Chlorite Market Forecasts and Analysis
10.2.3 Europe Sodium Chlorite Market Forecasts and Analysis - By Type
10.2.4 Europe Sodium Chlorite Market Forecasts and Analysis - By Application
10.2.5 Europe Sodium Chlorite Market Forecasts and Analysis - By End-use
10.2.6 Europe Sodium Chlorite Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Sodium Chlorite Market
10.2.6.1.1 Germany Sodium Chlorite Market by Type
10.2.6.1.2 Germany Sodium Chlorite Market by Application
10.2.6.1.3 Germany Sodium Chlorite Market by End-use
10.2.6.2 France Sodium Chlorite Market
10.2.6.2.1 France Sodium Chlorite Market by Type
10.2.6.2.2 France Sodium Chlorite Market by Application
10.2.6.2.3 France Sodium Chlorite Market by End-use
10.2.6.3 Italy Sodium Chlorite Market
10.2.6.3.1 Italy Sodium Chlorite Market by Type
10.2.6.3.2 Italy Sodium Chlorite Market by Application
10.2.6.3.3 Italy Sodium Chlorite Market by End-use
10.2.6.4 United Kingdom Sodium Chlorite Market
10.2.6.4.1 United Kingdom Sodium Chlorite Market by Type
10.2.6.4.2 United Kingdom Sodium Chlorite Market by Application
10.2.6.4.3 United Kingdom Sodium Chlorite Market by End-use
10.2.6.5 Russia Sodium Chlorite Market
10.2.6.5.1 Russia Sodium Chlorite Market by Type
10.2.6.5.2 Russia Sodium Chlorite Market by Application
10.2.6.5.3 Russia Sodium Chlorite Market by End-use
10.2.6.6 Rest of Europe Sodium Chlorite Market
10.2.6.6.1 Rest of Europe Sodium Chlorite Market by Type
10.2.6.6.2 Rest of Europe Sodium Chlorite Market by Application
10.2.6.6.3 Rest of Europe Sodium Chlorite Market by End-use
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Sodium Chlorite Market Overview
10.3.2 Asia-Pacific Sodium Chlorite Market Forecasts and Analysis
10.3.3 Asia-Pacific Sodium Chlorite Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Sodium Chlorite Market Forecasts and Analysis - By Application
10.3.5 Asia-Pacific Sodium Chlorite Market Forecasts and Analysis - By End-use
10.3.6 Asia-Pacific Sodium Chlorite Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Sodium Chlorite Market
10.3.6.1.1 Australia Sodium Chlorite Market by Type
10.3.6.1.2 Australia Sodium Chlorite Market by Application
10.3.6.1.3 Australia Sodium Chlorite Market by End-use
10.3.6.2 China Sodium Chlorite Market
10.3.6.2.1 China Sodium Chlorite Market by Type
10.3.6.2.2 China Sodium Chlorite Market by Application
10.3.6.2.3 China Sodium Chlorite Market by End-use
10.3.6.3 India Sodium Chlorite Market
10.3.6.3.1 India Sodium Chlorite Market by Type
10.3.6.3.2 India Sodium Chlorite Market by Application
10.3.6.3.3 India Sodium Chlorite Market by End-use
10.3.6.4 Japan Sodium Chlorite Market
10.3.6.4.1 Japan Sodium Chlorite Market by Type
10.3.6.4.2 Japan Sodium Chlorite Market by Application
10.3.6.4.3 Japan Sodium Chlorite Market by End-use
10.3.6.5 South Korea Sodium Chlorite Market
10.3.6.5.1 South Korea Sodium Chlorite Market by Type
10.3.6.5.2 South Korea Sodium Chlorite Market by Application
10.3.6.5.3 South Korea Sodium Chlorite Market by End-use
10.3.6.6 Rest of Asia-Pacific Sodium Chlorite Market
10.3.6.6.1 Rest of Asia-Pacific Sodium Chlorite Market by Type
10.3.6.6.2 Rest of Asia-Pacific Sodium Chlorite Market by Application
10.3.6.6.3 Rest of Asia-Pacific Sodium Chlorite Market by End-use
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Sodium Chlorite Market Overview
10.4.2 Middle East and Africa Sodium Chlorite Market Forecasts and Analysis
10.4.3 Middle East and Africa Sodium Chlorite Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Sodium Chlorite Market Forecasts and Analysis - By Application
10.4.5 Middle East and Africa Sodium Chlorite Market Forecasts and Analysis - By End-use
10.4.6 Middle East and Africa Sodium Chlorite Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Sodium Chlorite Market
10.4.6.1.1 South Africa Sodium Chlorite Market by Type
10.4.6.1.2 South Africa Sodium Chlorite Market by Application
10.4.6.1.3 South Africa Sodium Chlorite Market by End-use
10.4.6.2 Saudi Arabia Sodium Chlorite Market
10.4.6.2.1 Saudi Arabia Sodium Chlorite Market by Type
10.4.6.2.2 Saudi Arabia Sodium Chlorite Market by Application
10.4.6.2.3 Saudi Arabia Sodium Chlorite Market by End-use
10.4.6.3 U.A.E Sodium Chlorite Market
10.4.6.3.1 U.A.E Sodium Chlorite Market by Type
10.4.6.3.2 U.A.E Sodium Chlorite Market by Application
10.4.6.3.3 U.A.E Sodium Chlorite Market by End-use
10.4.6.4 Rest of Middle East and Africa Sodium Chlorite Market
10.4.6.4.1 Rest of Middle East and Africa Sodium Chlorite Market by Type
10.4.6.4.2 Rest of Middle East and Africa Sodium Chlorite Market by Application
10.4.6.4.3 Rest of Middle East and Africa Sodium Chlorite Market by End-use
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Sodium Chlorite Market Overview
10.5.2 South and Central America Sodium Chlorite Market Forecasts and Analysis
10.5.3 South and Central America Sodium Chlorite Market Forecasts and Analysis - By Type
10.5.4 South and Central America Sodium Chlorite Market Forecasts and Analysis - By Application
10.5.5 South and Central America Sodium Chlorite Market Forecasts and Analysis - By End-use
10.5.6 South and Central America Sodium Chlorite Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Sodium Chlorite Market
10.5.6.1.1 Brazil Sodium Chlorite Market by Type
10.5.6.1.2 Brazil Sodium Chlorite Market by Application
10.5.6.1.3 Brazil Sodium Chlorite Market by End-use
10.5.6.2 Argentina Sodium Chlorite Market
10.5.6.2.1 Argentina Sodium Chlorite Market by Type
10.5.6.2.2 Argentina Sodium Chlorite Market by Application
10.5.6.2.3 Argentina Sodium Chlorite Market by End-use
10.5.6.3 Rest of South and Central America Sodium Chlorite Market
10.5.6.3.1 Rest of South and Central America Sodium Chlorite Market by Type
10.5.6.3.2 Rest of South and Central America Sodium Chlorite Market by Application
10.5.6.3.3 Rest of South and Central America Sodium Chlorite Market by End-use
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. SODIUM CHLORITE MARKET, KEY COMPANY PROFILES
12.1. AIREDALE CHEMICAL COMPANY LIMITED
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. ALFA AESAR
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. DONGYING SHENGYA CHEMICAL CO. LTD.
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. DUPONT DE NEMOURS INC.
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. ERCO WORLDWIDE INC.
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. FINETECH INDUSTRY LIMITED
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. SHANDONG GAOMI GAOYUAN CHEMICAL INDUSTRY 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. SHREE CHLORATES
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. SIGMA ALDRICH-PTY
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
1.Airedale Chemical Company Limited
2.Alfa Aesar
3.Dongying Shengya Chemical Co. Ltd.
4.Dupont De Nemours Inc.
5.Erco Worldwide Inc.
6.Finetech Industry Limited
7.Occidental Petroleum Corporation
8.Shandong Gaomi Gaoyuan Chemical Industry Co. Ltd.
9.Shree Chlorates
10.Sigma Aldrich-Pty
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.
Get Free Sample For