Castor is a vegetable oil extracted from the castor beans by pressing them. It is a rich source of monosaturated and ricolenic fatty acids. Castor oil and its derivatives possess well known medicinal benefits. They have antioxidant and anti-inflammatory properties, which makes them highly-priced in therapeutic applications. Castor oil also possesses consistent viscosity and low freezing point, making them an ideal alternative to synthetic lubricants.
MARKET DYNAMICS
The increasing consumption of bio-based lubricants and oils has led to high demand for castor oil and its derivatives. Castor oil is also used in the production of biofuels and bio-diesels. The transition from fossil fuel to renewable energy has been instrumental in shaping the biofuel industry. Widespread uses of biodiesel derived from castor in end-use industries such as energy, automotive, and aviation are anticipated to drive the demands for castor oils and derivatives. Furthermore, castor oil and its derivatives are highly regarded in the cosmetic and pharmaceutical industries and are used to manufacture hair oils and moisturizers. The pervasive uses of castor oils and derivatives in the cosmetic and pharmaceutical industries are expected to augment the consumption of castor oil even further.
MARKET SCOPE
The "Global Castor Oil 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 castor oil and derivatives market with detailed market segmentation by product, application, and geography. The global castor oil 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 castor oil and derivatives market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global castor oil and derivatives market is segmented on the basis of product and application. On the basis of product, the castor oil and derivatives market is segmented into sebacic acid, 12-HAS,, ricinoleic acid, hydrogenated castor oil, undecylenic acid, dehydrated castor oil, and others. The castor oil and derivatives market on the basis of application is classified into lubricants, surface coatings, biodiesel, cosmetics & pharmaceuticals, plastics & resins, 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 castor oil 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 castor oil 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 castor oil 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 trends. 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 castor oil and derivatives market in these regions.
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The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global castor oil 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 castor oil 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 castor oil 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 trends. 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 castor oil and derivatives market in these regions.
MARKET PLAYERS
The reports cover key developments in the castor oil 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 partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the castor oil and derivatives market are anticipated to lucrative growth opportunities in the future with the rising demand for castor oil and derivatives in the global market. Below mentioned is the list of few companies engaged in the castor oil and derivatives market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the castor oil 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 three years, the key development in the past five years.
- Adani Wilmar Ltd.
- Hokoku Corporation
- ITOH Oil Chemicals Co., Ltd.
- Jayant Agro-Organics Limited
- N.K. Proteins Pvt Limited
- RPK Agrotech
- Taj Agro Products Limited
- Thai Castor Oil Industries Co. Ltd.
- Tongliao Tonghua Castor Chemical Co., Ltd.
- Xingtai Lantian Fine Chemical Co., Ltd.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers 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
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 Castor Oil And Derivatives Market - By Product
1.3.2 Castor Oil And Derivatives Market - By Application
1.3.3 Castor Oil And Derivatives Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. CASTOR OIL 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. CASTOR OIL 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. CASTOR OIL AND DERIVATIVES MARKET - GLOBAL MARKET ANALYSIS
6.1. CASTOR OIL AND DERIVATIVES - GLOBAL MARKET OVERVIEW
6.2. CASTOR OIL AND DERIVATIVES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. CASTOR OIL AND DERIVATIVES MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. SEBACIC ACID
7.3.1. Overview
7.3.2. Sebacic Acid Market Forecast and Analysis
7.4. 12-HSA
7.4.1. Overview
7.4.2. 12-HSA Market Forecast and Analysis
7.5. RICINOLEIC ACID
7.5.1. Overview
7.5.2. Ricinoleic Acid Market Forecast and Analysis
7.6. HYDROGENATED CASTOR OIL
7.6.1. Overview
7.6.2. Hydrogenated Castor Oil Market Forecast and Analysis
7.7. UNDECYLENIC ACID
7.7.1. Overview
7.7.2. Undecylenic acid Market Forecast and Analysis
7.8. DEHYDRATED CASTOR OIL
7.8.1. Overview
7.8.2. Dehydrated Castor Oil Market Forecast and Analysis
7.9. OTHERS
7.9.1. Overview
7.9.2. Others Market Forecast and Analysis
8. CASTOR OIL AND DERIVATIVES MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. LUBRICANTS
8.3.1. Overview
8.3.2. Lubricants Market Forecast and Analysis
8.4. SURFACE COATINGS
8.4.1. Overview
8.4.2. Surface Coatings Market Forecast and Analysis
8.5. BIODIESEL
8.5.1. Overview
8.5.2. Biodiesel Market Forecast and Analysis
8.6. COSMETICS AND PHARMACEUTICALS
8.6.1. Overview
8.6.2. Cosmetics and Pharmaceuticals Market Forecast and Analysis
8.7. PLASTICS AND RESINS
8.7.1. Overview
8.7.2. Plastics and Resins Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. CASTOR OIL AND DERIVATIVES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Castor Oil And Derivatives Market Overview
9.1.2 North America Castor Oil And Derivatives Market Forecasts and Analysis
9.1.3 North America Castor Oil And Derivatives Market Forecasts and Analysis - By Product
9.1.4 North America Castor Oil And Derivatives Market Forecasts and Analysis - By Application
9.1.5 North America Castor Oil And Derivatives Market Forecasts and Analysis - By Countries
9.1.5.1 United States Castor Oil And Derivatives Market
9.1.5.1.1 United States Castor Oil And Derivatives Market by Product
9.1.5.1.2 United States Castor Oil And Derivatives Market by Application
9.1.5.2 Canada Castor Oil And Derivatives Market
9.1.5.2.1 Canada Castor Oil And Derivatives Market by Product
9.1.5.2.2 Canada Castor Oil And Derivatives Market by Application
9.1.5.3 Mexico Castor Oil And Derivatives Market
9.1.5.3.1 Mexico Castor Oil And Derivatives Market by Product
9.1.5.3.2 Mexico Castor Oil And Derivatives Market by Application
9.2. EUROPE
9.2.1 Europe Castor Oil And Derivatives Market Overview
9.2.2 Europe Castor Oil And Derivatives Market Forecasts and Analysis
9.2.3 Europe Castor Oil And Derivatives Market Forecasts and Analysis - By Product
9.2.4 Europe Castor Oil And Derivatives Market Forecasts and Analysis - By Application
9.2.5 Europe Castor Oil And Derivatives Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Castor Oil And Derivatives Market
9.2.5.1.1 Germany Castor Oil And Derivatives Market by Product
9.2.5.1.2 Germany Castor Oil And Derivatives Market by Application
9.2.5.2 France Castor Oil And Derivatives Market
9.2.5.2.1 France Castor Oil And Derivatives Market by Product
9.2.5.2.2 France Castor Oil And Derivatives Market by Application
9.2.5.3 Italy Castor Oil And Derivatives Market
9.2.5.3.1 Italy Castor Oil And Derivatives Market by Product
9.2.5.3.2 Italy Castor Oil And Derivatives Market by Application
9.2.5.4 United Kingdom Castor Oil And Derivatives Market
9.2.5.4.1 United Kingdom Castor Oil And Derivatives Market by Product
9.2.5.4.2 United Kingdom Castor Oil And Derivatives Market by Application
9.2.5.5 Russia Castor Oil And Derivatives Market
9.2.5.5.1 Russia Castor Oil And Derivatives Market by Product
9.2.5.5.2 Russia Castor Oil And Derivatives Market by Application
9.2.5.6 Rest of Europe Castor Oil And Derivatives Market
9.2.5.6.1 Rest of Europe Castor Oil And Derivatives Market by Product
9.2.5.6.2 Rest of Europe Castor Oil And Derivatives Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Castor Oil And Derivatives Market Overview
9.3.2 Asia-Pacific Castor Oil And Derivatives Market Forecasts and Analysis
9.3.3 Asia-Pacific Castor Oil And Derivatives Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Castor Oil And Derivatives Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Castor Oil And Derivatives Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Castor Oil And Derivatives Market
9.3.5.1.1 Australia Castor Oil And Derivatives Market by Product
9.3.5.1.2 Australia Castor Oil And Derivatives Market by Application
9.3.5.2 China Castor Oil And Derivatives Market
9.3.5.2.1 China Castor Oil And Derivatives Market by Product
9.3.5.2.2 China Castor Oil And Derivatives Market by Application
9.3.5.3 India Castor Oil And Derivatives Market
9.3.5.3.1 India Castor Oil And Derivatives Market by Product
9.3.5.3.2 India Castor Oil And Derivatives Market by Application
9.3.5.4 Japan Castor Oil And Derivatives Market
9.3.5.4.1 Japan Castor Oil And Derivatives Market by Product
9.3.5.4.2 Japan Castor Oil And Derivatives Market by Application
9.3.5.5 South Korea Castor Oil And Derivatives Market
9.3.5.5.1 South Korea Castor Oil And Derivatives Market by Product
9.3.5.5.2 South Korea Castor Oil And Derivatives Market by Application
9.3.5.6 Rest of Asia-Pacific Castor Oil And Derivatives Market
9.3.5.6.1 Rest of Asia-Pacific Castor Oil And Derivatives Market by Product
9.3.5.6.2 Rest of Asia-Pacific Castor Oil And Derivatives Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Castor Oil And Derivatives Market Overview
9.4.2 Middle East and Africa Castor Oil And Derivatives Market Forecasts and Analysis
9.4.3 Middle East and Africa Castor Oil And Derivatives Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Castor Oil And Derivatives Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Castor Oil And Derivatives Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Castor Oil And Derivatives Market
9.4.5.1.1 South Africa Castor Oil And Derivatives Market by Product
9.4.5.1.2 South Africa Castor Oil And Derivatives Market by Application
9.4.5.2 Saudi Arabia Castor Oil And Derivatives Market
9.4.5.2.1 Saudi Arabia Castor Oil And Derivatives Market by Product
9.4.5.2.2 Saudi Arabia Castor Oil And Derivatives Market by Application
9.4.5.3 U.A.E Castor Oil And Derivatives Market
9.4.5.3.1 U.A.E Castor Oil And Derivatives Market by Product
9.4.5.3.2 U.A.E Castor Oil And Derivatives Market by Application
9.4.5.4 Rest of Middle East and Africa Castor Oil And Derivatives Market
9.4.5.4.1 Rest of Middle East and Africa Castor Oil And Derivatives Market by Product
9.4.5.4.2 Rest of Middle East and Africa Castor Oil And Derivatives Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Castor Oil And Derivatives Market Overview
9.5.2 South and Central America Castor Oil And Derivatives Market Forecasts and Analysis
9.5.3 South and Central America Castor Oil And Derivatives Market Forecasts and Analysis - By Product
9.5.4 South and Central America Castor Oil And Derivatives Market Forecasts and Analysis - By Application
9.5.5 South and Central America Castor Oil And Derivatives Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Castor Oil And Derivatives Market
9.5.5.1.1 Brazil Castor Oil And Derivatives Market by Product
9.5.5.1.2 Brazil Castor Oil And Derivatives Market by Application
9.5.5.2 Argentina Castor Oil And Derivatives Market
9.5.5.2.1 Argentina Castor Oil And Derivatives Market by Product
9.5.5.2.2 Argentina Castor Oil And Derivatives Market by Application
9.5.5.3 Rest of South and Central America Castor Oil And Derivatives Market
9.5.5.3.1 Rest of South and Central America Castor Oil And Derivatives Market by Product
9.5.5.3.2 Rest of South and Central America Castor Oil And Derivatives Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. CASTOR OIL AND DERIVATIVES MARKET, KEY COMPANY PROFILES
11.1. ADANI WILMAR 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. HOKOKU 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. ITOH OIL CHEMICALS CO., LTD.
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. JAYANT AGRO-ORGANICS LIMITED
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. N.K. PROTEINS PVT LIMITED
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. RPK AGROTECH
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. TAJ AGRO PRODUCTS 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. THAI CASTOR OIL INDUSTRIES CO. LTD.
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. TONGLIAO TONGHUA CASTOR CHEMICAL CO., LTD.
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. XINGTAI LANTIAN FINE CHEMICAL 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. Adani Wilmar Ltd.
2. Hokoku Corporation
3. ITOH Oil Chemicals Co., Ltd.
4. Jayant Agro-Organics Limited
5. N.K. Proteins Pvt Limited
6. RPK Agrotech
7.Taj Agro Products Limited
8. Thai Castor Oil Industries Co. Ltd.
9. Tongliao Tonghua Castor Chemical Co., Ltd.
10. Xingtai Lantian Fine Chemical 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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