The Fatty Amines Market is expected to register a CAGR of 5% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
Fatty Amines Market covers analysis by Type (Primary, Secondary, Tertiary); End Use (Agrochemicals, Oilfield Chemicals, Chemical Processing, Water Treatment); Functions (Emulsifiers, Floatation Agents, Dispersants, Chemical Intermediates), and Geography (North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America). Fatty amines are characterized as any variation of amine that is associated with at least eight carbon iotas in a hydrocarbon chain. These amines are regularly arranged in oleochemicals and are fabricated by the procedure of hydrogenation in greasy nitriles. This procedure gives three distinct classifications of fatty amines, for example, essential, auxiliary and tertiary.
Purpose of the ReportThe report Fatty Amines 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.
Fatty Amines Market Segmentation
Type- Primary
- Secondary
- Tertiary
- Agrochemicals
- Oilfield Chemicals
- Chemical Processing
- Water Treatment
- Emulsifiers
- Floatation Agents
- Dispersants
- Chemical Intermediates
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Strategic Insights
Fatty Amines Market Growth Drivers- Need for Water Treatment Chemicals: Because of the water treatment process, fatty amines are being increasingly used and marketed for that purpose. They help eliminate impurities from water, and fatty amines are even appreciated today as being effective coagulants and flocculants. Hence, even with increasing scarcity of water across the globe as well as stringent regulations on the use of water treatment products, the demand for the fatty amines has continued to rise.
- The Increasing Applications in Agrochemicals: Increasingly, fatty amines are being used in the production of agrochemicals such as herbicides and pesticides. With agriculture being developed into a large-scale business to meet increasing food demands across the world, so is the demand for effective, environmentally-degradable chemical solutions, augmenting the growth of fatty amines in crop protection and soil treatments.
- Expansion in Personal Care and Cosmetics: Fatty amines are also surfactants and emulsifiers; hence, this type of compound has drenched into the high demand in the personal care and cosmetic industry. Consumers are becoming more interested in natural products that will be effective and environment-friendly. Therefore, fatty amines have become frequent components of shampoos, conditioners, and skin care products, hence improving the market.
- Biosourced Fatty Amines Movement: Bio-based fatty amines, manufactured using renewable feedstock such as vegetable oils, are increasingly gaining favor. The reason behind this is that end-users expect sustainability given their rapid demand for products in personal care, water treatment, agrochemical ranks, and other industries that have been adopting sustainability goals.
- Stand-in Increasing Demand for Textile and Leather Industries: Fatty amines, as softening agents, antistatic agents, or surfactants, are getting popular in the textile and leather industries by increasingly being demanded for high-quality fabrics and leather goods; thus, fatty amines are starting to become almost obligatory in improving the texture, durability, and performance.
- Advances in Fatty Amines Application for Industrial Purposes: Changes have taken place in the fatty amines market in terms of new formulations and applications in industrial fields like mining, oil and gas, coatings, etc. Here, fatty amines are used, among others, as corrosion inhibitors to engender demand across different industrial applications.
- Emergence of Water Treatment Application: There are tremendous possibilities in fatty amines for water treatment processes because of their increasingly becoming an alarming global problem of water pollution along with the increasing stringent regulatory framework. With the increasing demand for clean water, especially in emerging markets, the market for fatty amines will grow in using these materials for the treatment of water.
- Increase in Agrochemical Production: Fatty amines are likely to find growing applications in the preparation of herbicides and fungicides, pesticides, etc. In fact, as production expands globally to meet the rising demand for food, fatty amines will provide a window of opportunity in crop protection and sustainable farming solutions, especially in emerging markets.
- Penetration into Personal Care and Cosmetics Industries: As more consumers demand so-called green, natural products, fatty amines present opportunities for conversion into surfactants, emulsifiers, and conditioning agents. This is more prevalent in an increasing demand for green beauty products, showing a sizable sales opportunity for fatty amines.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Fatty Amines 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 Fatty Amines Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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
- 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.
Frequently Asked Questions
The Asia Pacific market is expected to account for the highest CAGR during the forecast period owing to the growing agriculture sector in the region.
The primary type segment accounted for the largest market share in 2023.
Kao Corporation, Nouryon, Arkema S.A, Lonza Group Ltd, Solvay SA, Evonik Industries AG, Huntsman Corporation, Volant-Chem Corp, Global Amines Company Pte. Ltd, India Glycols Limited (India), and Indo Amines Limited are some of the key players operating in the market.
Increasing demand from the personal care and cosmetics industry is a key driver in the market.
The Fatty Amines Market is estimated to witness a CAGR of 5% from 2023 to 2031
The growing demand for bio-based products is an emerging trend in the market.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Fatty Amines Market - By Type
1.3.2 Fatty Amines Market - By End Use
1.3.3 Fatty Amines Market - By Functions
1.3.4 Fatty Amines Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. FATTY AMINES 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. FATTY AMINES 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. FATTY AMINES MARKET - GLOBAL MARKET ANALYSIS
6.1. FATTY AMINES - GLOBAL MARKET OVERVIEW
6.2. FATTY AMINES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. FATTY AMINES MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. PRIMARY
7.3.1. Overview
7.3.2. Primary Market Forecast and Analysis
7.4. SECONDARY
7.4.1. Overview
7.4.2. Secondary Market Forecast and Analysis
7.5. TERTIARY
7.5.1. Overview
7.5.2. Tertiary Market Forecast and Analysis
8. FATTY AMINES MARKET - REVENUE AND FORECASTS TO 2028 - END USE
8.1. OVERVIEW
8.2. END USE MARKET FORECASTS AND ANALYSIS
8.3. AGROCHEMICALS
8.3.1. Overview
8.3.2. Agrochemicals Market Forecast and Analysis
8.4. OILFIELD CHEMICALS
8.4.1. Overview
8.4.2. Oilfield Chemicals Market Forecast and Analysis
8.5. CHEMICAL PROCESSING
8.5.1. Overview
8.5.2. Chemical Processing Market Forecast and Analysis
8.6. WATER TREATMENT
8.6.1. Overview
8.6.2. Water Treatment Market Forecast and Analysis
9. FATTY AMINES MARKET - REVENUE AND FORECASTS TO 2028 - FUNCTIONS
9.1. OVERVIEW
9.2. FUNCTIONS MARKET FORECASTS AND ANALYSIS
9.3. EMULSIFIERS
9.3.1. Overview
9.3.2. Emulsifiers Market Forecast and Analysis
9.4. FLOATATION AGENTS
9.4.1. Overview
9.4.2. Floatation Agents Market Forecast and Analysis
9.5. DISPERSANTS
9.5.1. Overview
9.5.2. Dispersants Market Forecast and Analysis
9.6. CHEMICAL INTERMEDIATES
9.6.1. Overview
9.6.2. Chemical Intermediates Market Forecast and Analysis
10. FATTY AMINES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Fatty Amines Market Overview
10.1.2 North America Fatty Amines Market Forecasts and Analysis
10.1.3 North America Fatty Amines Market Forecasts and Analysis - By Type
10.1.4 North America Fatty Amines Market Forecasts and Analysis - By End Use
10.1.5 North America Fatty Amines Market Forecasts and Analysis - By Functions
10.1.6 North America Fatty Amines Market Forecasts and Analysis - By Countries
10.1.6.1 United States Fatty Amines Market
10.1.6.1.1 United States Fatty Amines Market by Type
10.1.6.1.2 United States Fatty Amines Market by End Use
10.1.6.1.3 United States Fatty Amines Market by Functions
10.1.6.2 Canada Fatty Amines Market
10.1.6.2.1 Canada Fatty Amines Market by Type
10.1.6.2.2 Canada Fatty Amines Market by End Use
10.1.6.2.3 Canada Fatty Amines Market by Functions
10.1.6.3 Mexico Fatty Amines Market
10.1.6.3.1 Mexico Fatty Amines Market by Type
10.1.6.3.2 Mexico Fatty Amines Market by End Use
10.1.6.3.3 Mexico Fatty Amines Market by Functions
10.2. EUROPE
10.2.1 Europe Fatty Amines Market Overview
10.2.2 Europe Fatty Amines Market Forecasts and Analysis
10.2.3 Europe Fatty Amines Market Forecasts and Analysis - By Type
10.2.4 Europe Fatty Amines Market Forecasts and Analysis - By End Use
10.2.5 Europe Fatty Amines Market Forecasts and Analysis - By Functions
10.2.6 Europe Fatty Amines Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Fatty Amines Market
10.2.6.1.1 Germany Fatty Amines Market by Type
10.2.6.1.2 Germany Fatty Amines Market by End Use
10.2.6.1.3 Germany Fatty Amines Market by Functions
10.2.6.2 France Fatty Amines Market
10.2.6.2.1 France Fatty Amines Market by Type
10.2.6.2.2 France Fatty Amines Market by End Use
10.2.6.2.3 France Fatty Amines Market by Functions
10.2.6.3 Italy Fatty Amines Market
10.2.6.3.1 Italy Fatty Amines Market by Type
10.2.6.3.2 Italy Fatty Amines Market by End Use
10.2.6.3.3 Italy Fatty Amines Market by Functions
10.2.6.4 United Kingdom Fatty Amines Market
10.2.6.4.1 United Kingdom Fatty Amines Market by Type
10.2.6.4.2 United Kingdom Fatty Amines Market by End Use
10.2.6.4.3 United Kingdom Fatty Amines Market by Functions
10.2.6.5 Russia Fatty Amines Market
10.2.6.5.1 Russia Fatty Amines Market by Type
10.2.6.5.2 Russia Fatty Amines Market by End Use
10.2.6.5.3 Russia Fatty Amines Market by Functions
10.2.6.6 Rest of Europe Fatty Amines Market
10.2.6.6.1 Rest of Europe Fatty Amines Market by Type
10.2.6.6.2 Rest of Europe Fatty Amines Market by End Use
10.2.6.6.3 Rest of Europe Fatty Amines Market by Functions
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Fatty Amines Market Overview
10.3.2 Asia-Pacific Fatty Amines Market Forecasts and Analysis
10.3.3 Asia-Pacific Fatty Amines Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Fatty Amines Market Forecasts and Analysis - By End Use
10.3.5 Asia-Pacific Fatty Amines Market Forecasts and Analysis - By Functions
10.3.6 Asia-Pacific Fatty Amines Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Fatty Amines Market
10.3.6.1.1 Australia Fatty Amines Market by Type
10.3.6.1.2 Australia Fatty Amines Market by End Use
10.3.6.1.3 Australia Fatty Amines Market by Functions
10.3.6.2 China Fatty Amines Market
10.3.6.2.1 China Fatty Amines Market by Type
10.3.6.2.2 China Fatty Amines Market by End Use
10.3.6.2.3 China Fatty Amines Market by Functions
10.3.6.3 India Fatty Amines Market
10.3.6.3.1 India Fatty Amines Market by Type
10.3.6.3.2 India Fatty Amines Market by End Use
10.3.6.3.3 India Fatty Amines Market by Functions
10.3.6.4 Japan Fatty Amines Market
10.3.6.4.1 Japan Fatty Amines Market by Type
10.3.6.4.2 Japan Fatty Amines Market by End Use
10.3.6.4.3 Japan Fatty Amines Market by Functions
10.3.6.5 South Korea Fatty Amines Market
10.3.6.5.1 South Korea Fatty Amines Market by Type
10.3.6.5.2 South Korea Fatty Amines Market by End Use
10.3.6.5.3 South Korea Fatty Amines Market by Functions
10.3.6.6 Rest of Asia-Pacific Fatty Amines Market
10.3.6.6.1 Rest of Asia-Pacific Fatty Amines Market by Type
10.3.6.6.2 Rest of Asia-Pacific Fatty Amines Market by End Use
10.3.6.6.3 Rest of Asia-Pacific Fatty Amines Market by Functions
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Fatty Amines Market Overview
10.4.2 Middle East and Africa Fatty Amines Market Forecasts and Analysis
10.4.3 Middle East and Africa Fatty Amines Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Fatty Amines Market Forecasts and Analysis - By End Use
10.4.5 Middle East and Africa Fatty Amines Market Forecasts and Analysis - By Functions
10.4.6 Middle East and Africa Fatty Amines Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Fatty Amines Market
10.4.6.1.1 South Africa Fatty Amines Market by Type
10.4.6.1.2 South Africa Fatty Amines Market by End Use
10.4.6.1.3 South Africa Fatty Amines Market by Functions
10.4.6.2 Saudi Arabia Fatty Amines Market
10.4.6.2.1 Saudi Arabia Fatty Amines Market by Type
10.4.6.2.2 Saudi Arabia Fatty Amines Market by End Use
10.4.6.2.3 Saudi Arabia Fatty Amines Market by Functions
10.4.6.3 U.A.E Fatty Amines Market
10.4.6.3.1 U.A.E Fatty Amines Market by Type
10.4.6.3.2 U.A.E Fatty Amines Market by End Use
10.4.6.3.3 U.A.E Fatty Amines Market by Functions
10.4.6.4 Rest of Middle East and Africa Fatty Amines Market
10.4.6.4.1 Rest of Middle East and Africa Fatty Amines Market by Type
10.4.6.4.2 Rest of Middle East and Africa Fatty Amines Market by End Use
10.4.6.4.3 Rest of Middle East and Africa Fatty Amines Market by Functions
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Fatty Amines Market Overview
10.5.2 South and Central America Fatty Amines Market Forecasts and Analysis
10.5.3 South and Central America Fatty Amines Market Forecasts and Analysis - By Type
10.5.4 South and Central America Fatty Amines Market Forecasts and Analysis - By End Use
10.5.5 South and Central America Fatty Amines Market Forecasts and Analysis - By Functions
10.5.6 South and Central America Fatty Amines Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Fatty Amines Market
10.5.6.1.1 Brazil Fatty Amines Market by Type
10.5.6.1.2 Brazil Fatty Amines Market by End Use
10.5.6.1.3 Brazil Fatty Amines Market by Functions
10.5.6.2 Argentina Fatty Amines Market
10.5.6.2.1 Argentina Fatty Amines Market by Type
10.5.6.2.2 Argentina Fatty Amines Market by End Use
10.5.6.2.3 Argentina Fatty Amines Market by Functions
10.5.6.3 Rest of South and Central America Fatty Amines Market
10.5.6.3.1 Rest of South and Central America Fatty Amines Market by Type
10.5.6.3.2 Rest of South and Central America Fatty Amines Market by End Use
10.5.6.3.3 Rest of South and Central America Fatty Amines Market by Functions
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. FATTY AMINES MARKET, KEY COMPANY PROFILES
12.1. KAO CORPORATION
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. NOURYON
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. ARKEMA S.A.
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. LONZA GROUP LTD
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. SOLVAY SA
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. EVONIK INDUSTRIES AG
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. HUNTSMAN 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. VOLANT-CHEM CORP.
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. GLOBAL AMINES COMPANY PTE. LTD.
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. INDIA GLYCOLS LIMITED (INDIA), INDO AMINES LIMITED
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. Kao Corporation
2. Nouryon
3. Arkema S.A.
4. Lonza Group Ltd
5. Solvay SA
6. Evonik Industries AG
7. Huntsman Corporation
8. Volant-Chem Corp.
9. Global Amines Company Pte. Ltd.
10. India Glycols Limited (India), Indo Amines Limited
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