Butadiene and Derivatives Market Size, Share, Growth, Trends, and Forecast by 2031

Coverage: Butadiene and Derivatives Market covers analysis By Derivative Type (Polybutadiene Rubber (PBR), Styrene-Butadiene Rubber (SBR), Styrene Butadiene Latex (SB Latex), Acrylonitrile Butadiene Styrene Resins (ABS), Adiponitrile, Nitrile Rubber (NR), Others); End-User Industry (Plastic and Polymer, Tire and Rubber, Chemical, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00014609
  • Category : Chemicals and Materials
  • No. of Pages : 150
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MARKET INTRODUCTION

Butadiene is a highly reactive gas, which is non-corrosive and colorless. It has a mild aromatic or gasoline-like odor at room temperature and pressure. Butadiene is produced as a by-product of propylene and ethylene manufacturing units. It is majorly used as a monomer for the production of plastics and synthetic rubbers. Derivatives of butadiene include polybutadiene rubber (PBR), styrene-butadiene rubber (SBR), styrene-butadiene latex (SB Latex), acrylonitrile butadiene styrene resins (ABS), adiponitrile, nitrile rubber (NR), and others.

MARKET DYNAMICS

Asia Pacific, North America, and West Europe are considered as major contributors to the market growth. The automotive industry highly relies on the butadiene derivative, polybutadiene rubber (PBR) for non-tire applications, such as belts, hoses, gaskets, and other automotive components, attributed to its high resistance to cold temperatures. The escalating number of automobiles across the globe coupled with the rising demand for PBR for numerous applications are anticipated to fuel the growth of the global butadiene and derivatives market.

MARKET SCOPE

The "Global Butadiene and Derivatives 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 butadiene and derivatives market with detailed market segmentation by derivative type, end-user industry and geography. The global butadiene and derivatives market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading butadiene and derivatives market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global butadiene and derivatives market is segmented on the basis of derivative type and end-user industry. On the basis of derivative type, butadiene and derivatives market is classified into polybutadiene rubber (PBR), styrene-butadiene rubber (SBR), styrene butadiene latex (SB Latex), acrylonitrile butadiene styrene resins (ABS), adiponitrile, nitrile rubber (NR), and others. On the basis of end-user industry, market is segmented into plastic and polymer, tire and rubber, chemical and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global butadiene and derivatives 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 butadiene and derivatives 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 butadiene and derivatives 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 butadiene and derivatives market in these regions.

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MARKET PLAYERS


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global butadiene and derivatives 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 butadiene and derivatives 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 butadiene and derivatives 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 butadiene and derivatives market in these regions.

MARKET PLAYERS

The reports cover key developments in the butadiene and derivatives 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 butadiene and derivatives market are anticipated to lucrative growth opportunities in the future with the rising demand for organic shrimps in the global market. Below mentioned is the list of few companies engaged in the butadiene and derivatives market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the butadiene and derivatives 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.

      BASF SE
      China Petroleum & Chemical Corporation
      Evonik Industries AG
      Exxon Mobil Corporation
      JSR Corporation
      LANXESS
      LyondellBasell Industries Holdings B.V.
      SABIC
      TPC Group
      Versalis S.p.A.

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
  • 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
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Butadiene And Derivatives Market - By Derivative Type
1.3.2 Butadiene And Derivatives Market - By End-User Industry
1.3.3 Butadiene And Derivatives Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. BUTADIENE AND DERIVATIVES 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. BUTADIENE AND DERIVATIVES 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. BUTADIENE AND DERIVATIVES MARKET - GLOBAL MARKET ANALYSIS
6.1. BUTADIENE AND DERIVATIVES - GLOBAL MARKET OVERVIEW
6.2. BUTADIENE AND DERIVATIVES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. BUTADIENE AND DERIVATIVES MARKET - REVENUE AND FORECASTS TO 2028 - DERIVATIVE TYPE
7.1. OVERVIEW
7.2. DERIVATIVE TYPE MARKET FORECASTS AND ANALYSIS
7.3. POLYBUTADIENE RUBBER (PBR)
7.3.1. Overview
7.3.2. Polybutadiene Rubber (PBR) Market Forecast and Analysis
7.4. STYRENE-BUTADIENE RUBBER (SBR)
7.4.1. Overview
7.4.2. Styrene-Butadiene Rubber (SBR) Market Forecast and Analysis
7.5. STYRENE BUTADIENE LATEX (SB LATEX)
7.5.1. Overview
7.5.2. Styrene Butadiene Latex (SB Latex) Market Forecast and Analysis
7.6. ACRYLONITRILE BUTADIENE STYRENE RESINS (ABS)
7.6.1. Overview
7.6.2. Acrylonitrile Butadiene Styrene Resins (ABS) Market Forecast and Analysis
7.7. ADIPONITRILE
7.7.1. Overview
7.7.2. Adiponitrile Market Forecast and Analysis
7.8. NITRILE RUBBER (NR)
7.8.1. Overview
7.8.2. Nitrile Rubber (NR) Market Forecast and Analysis
7.9. OTHERS
7.9.1. Overview
7.9.2. Others Market Forecast and Analysis
8. BUTADIENE AND DERIVATIVES MARKET - REVENUE AND FORECASTS TO 2028 - END-USER INDUSTRY
8.1. OVERVIEW
8.2. END-USER INDUSTRY MARKET FORECASTS AND ANALYSIS
8.3. PLASTIC AND POLYMER
8.3.1. Overview
8.3.2. Plastic and Polymer Market Forecast and Analysis
8.4. TIRE AND RUBBER
8.4.1. Overview
8.4.2. Tire and Rubber Market Forecast and Analysis
8.5. CHEMICAL
8.5.1. Overview
8.5.2. Chemical Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis

9. BUTADIENE AND DERIVATIVES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Butadiene And Derivatives Market Overview
9.1.2 North America Butadiene And Derivatives Market Forecasts and Analysis
9.1.3 North America Butadiene And Derivatives Market Forecasts and Analysis - By Derivative Type
9.1.4 North America Butadiene And Derivatives Market Forecasts and Analysis - By End-User Industry
9.1.5 North America Butadiene And Derivatives Market Forecasts and Analysis - By Countries
9.1.5.1 United States Butadiene And Derivatives Market
9.1.5.1.1 United States Butadiene And Derivatives Market by Derivative Type
9.1.5.1.2 United States Butadiene And Derivatives Market by End-User Industry
9.1.5.2 Canada Butadiene And Derivatives Market
9.1.5.2.1 Canada Butadiene And Derivatives Market by Derivative Type
9.1.5.2.2 Canada Butadiene And Derivatives Market by End-User Industry
9.1.5.3 Mexico Butadiene And Derivatives Market
9.1.5.3.1 Mexico Butadiene And Derivatives Market by Derivative Type
9.1.5.3.2 Mexico Butadiene And Derivatives Market by End-User Industry
9.2. EUROPE
9.2.1 Europe Butadiene And Derivatives Market Overview
9.2.2 Europe Butadiene And Derivatives Market Forecasts and Analysis
9.2.3 Europe Butadiene And Derivatives Market Forecasts and Analysis - By Derivative Type
9.2.4 Europe Butadiene And Derivatives Market Forecasts and Analysis - By End-User Industry
9.2.5 Europe Butadiene And Derivatives Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Butadiene And Derivatives Market
9.2.5.1.1 Germany Butadiene And Derivatives Market by Derivative Type
9.2.5.1.2 Germany Butadiene And Derivatives Market by End-User Industry
9.2.5.2 France Butadiene And Derivatives Market
9.2.5.2.1 France Butadiene And Derivatives Market by Derivative Type
9.2.5.2.2 France Butadiene And Derivatives Market by End-User Industry
9.2.5.3 Italy Butadiene And Derivatives Market
9.2.5.3.1 Italy Butadiene And Derivatives Market by Derivative Type
9.2.5.3.2 Italy Butadiene And Derivatives Market by End-User Industry
9.2.5.4 United Kingdom Butadiene And Derivatives Market
9.2.5.4.1 United Kingdom Butadiene And Derivatives Market by Derivative Type
9.2.5.4.2 United Kingdom Butadiene And Derivatives Market by End-User Industry
9.2.5.5 Russia Butadiene And Derivatives Market
9.2.5.5.1 Russia Butadiene And Derivatives Market by Derivative Type
9.2.5.5.2 Russia Butadiene And Derivatives Market by End-User Industry
9.2.5.6 Rest of Europe Butadiene And Derivatives Market
9.2.5.6.1 Rest of Europe Butadiene And Derivatives Market by Derivative Type
9.2.5.6.2 Rest of Europe Butadiene And Derivatives Market by End-User Industry
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Butadiene And Derivatives Market Overview
9.3.2 Asia-Pacific Butadiene And Derivatives Market Forecasts and Analysis
9.3.3 Asia-Pacific Butadiene And Derivatives Market Forecasts and Analysis - By Derivative Type
9.3.4 Asia-Pacific Butadiene And Derivatives Market Forecasts and Analysis - By End-User Industry
9.3.5 Asia-Pacific Butadiene And Derivatives Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Butadiene And Derivatives Market
9.3.5.1.1 Australia Butadiene And Derivatives Market by Derivative Type
9.3.5.1.2 Australia Butadiene And Derivatives Market by End-User Industry
9.3.5.2 China Butadiene And Derivatives Market
9.3.5.2.1 China Butadiene And Derivatives Market by Derivative Type
9.3.5.2.2 China Butadiene And Derivatives Market by End-User Industry
9.3.5.3 India Butadiene And Derivatives Market
9.3.5.3.1 India Butadiene And Derivatives Market by Derivative Type
9.3.5.3.2 India Butadiene And Derivatives Market by End-User Industry
9.3.5.4 Japan Butadiene And Derivatives Market
9.3.5.4.1 Japan Butadiene And Derivatives Market by Derivative Type
9.3.5.4.2 Japan Butadiene And Derivatives Market by End-User Industry
9.3.5.5 South Korea Butadiene And Derivatives Market
9.3.5.5.1 South Korea Butadiene And Derivatives Market by Derivative Type
9.3.5.5.2 South Korea Butadiene And Derivatives Market by End-User Industry
9.3.5.6 Rest of Asia-Pacific Butadiene And Derivatives Market
9.3.5.6.1 Rest of Asia-Pacific Butadiene And Derivatives Market by Derivative Type
9.3.5.6.2 Rest of Asia-Pacific Butadiene And Derivatives Market by End-User Industry
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Butadiene And Derivatives Market Overview
9.4.2 Middle East and Africa Butadiene And Derivatives Market Forecasts and Analysis
9.4.3 Middle East and Africa Butadiene And Derivatives Market Forecasts and Analysis - By Derivative Type
9.4.4 Middle East and Africa Butadiene And Derivatives Market Forecasts and Analysis - By End-User Industry
9.4.5 Middle East and Africa Butadiene And Derivatives Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Butadiene And Derivatives Market
9.4.5.1.1 South Africa Butadiene And Derivatives Market by Derivative Type
9.4.5.1.2 South Africa Butadiene And Derivatives Market by End-User Industry
9.4.5.2 Saudi Arabia Butadiene And Derivatives Market
9.4.5.2.1 Saudi Arabia Butadiene And Derivatives Market by Derivative Type
9.4.5.2.2 Saudi Arabia Butadiene And Derivatives Market by End-User Industry
9.4.5.3 U.A.E Butadiene And Derivatives Market
9.4.5.3.1 U.A.E Butadiene And Derivatives Market by Derivative Type
9.4.5.3.2 U.A.E Butadiene And Derivatives Market by End-User Industry
9.4.5.4 Rest of Middle East and Africa Butadiene And Derivatives Market
9.4.5.4.1 Rest of Middle East and Africa Butadiene And Derivatives Market by Derivative Type
9.4.5.4.2 Rest of Middle East and Africa Butadiene And Derivatives Market by End-User Industry
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Butadiene And Derivatives Market Overview
9.5.2 South and Central America Butadiene And Derivatives Market Forecasts and Analysis
9.5.3 South and Central America Butadiene And Derivatives Market Forecasts and Analysis - By Derivative Type
9.5.4 South and Central America Butadiene And Derivatives Market Forecasts and Analysis - By End-User Industry
9.5.5 South and Central America Butadiene And Derivatives Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Butadiene And Derivatives Market
9.5.5.1.1 Brazil Butadiene And Derivatives Market by Derivative Type
9.5.5.1.2 Brazil Butadiene And Derivatives Market by End-User Industry
9.5.5.2 Argentina Butadiene And Derivatives Market
9.5.5.2.1 Argentina Butadiene And Derivatives Market by Derivative Type
9.5.5.2.2 Argentina Butadiene And Derivatives Market by End-User Industry
9.5.5.3 Rest of South and Central America Butadiene And Derivatives Market
9.5.5.3.1 Rest of South and Central America Butadiene And Derivatives Market by Derivative Type
9.5.5.3.2 Rest of South and Central America Butadiene And Derivatives Market by End-User Industry

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. BUTADIENE AND DERIVATIVES 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. CHINA PETROLEUM AND CHEMICAL CORPORATION
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. EVONIK INDUSTRIES AG
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. EXXON MOBIL 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. JSR CORPORATION
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. LANXESS
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. LYONDELLBASELL INDUSTRIES HOLDINGS B.V.
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. SABIC
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. TPC 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. VERSALIS S.P.A.
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
The List of Companies

1. BASF SE
2. China Petroleum and Chemical Corporation
3. Evonik Industries AG
4. Exxon Mobil Corporation
5. JSR Corporation
6. LANXESS
7. LyondellBasell Industries Holdings B.V.
8. SABIC
9. TPC Group
10. Versalis S.p.A.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. 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.

  1. 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:

Research Methodology

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.

  1. 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.

  1. 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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