Ammonium Thiosulfate Fertilizer Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Ammonium Thiosulfate Fertilizer Market covers analysis by Product Type (Liquid Type, Solid Type); Application (Cash Crops, Grain, Corn, Soybean, Others), and Geography (North America, Europe, Asia Pacific, and South and Central America)

Publication Month : Apr 2024

  • Report Code : TIPRE00003600
  • Category : Chemicals and Materials
  • Status : Upcoming
  • No. of Pages : 150
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MARKET INTRODUCTION
Ammonium thiosulfate is an inorganic compound which is a nitrification inhibitor, reducing nitrogen loss by inhibiting or slowing the nitrification process of ammonium converting to nitrate. Ammonium thiosulfate fertilizer is an excellent source of ammoniacal nitrogen that is quickly absorbed by the plant. This results in greener turf, even at low soil temperatures. It is used when a liquid type of ammoniacal nitrogen source and sulfur are required for the plants. Ammonium thiosulfate is compatible with most liquid fertilizer materials. In liquid form, ammonium thiosulfate helps increase yields by satisfying a crop's essential need for nitrogen and sulfur.

MARKET DYNAMICS
The ammonium thiosulfate fertilizer market has witnessed a significant growth owing to factors such as increasing demand for food globally and growth in the agriculture sector in major regions such as Europe, South America, and the Asia Pacific. However, high price and stringent government regulations concerning the use of fertilizers in the United States and Europe are the main restraint factors hindering the growth of the market. Moreover, a high focus of key players on new product development and research & development may open up new opportunities in the ammonium thiosulfate fertilizers market over the forecast period.

MARKET SCOPE
The "Global Ammonium Thiosulfate Fertilizer Market Analysis to 2028" 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 ammonium thiosulfate fertilizer market with detailed market segmentation by product type, application, and geography. The global ammonium thiosulfate fertilizer market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading ammonium thiosulfate fertilizer market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION
The global ammonium thiosulfate fertilizer market is segmented on the basis of product type and application. On the basis of product type, the ammonium thiosulfate fertilizer market is segmented into liquid type and solid type. The ammonium thiosulfate fertilizer market on the basis of the application is classified into cash crops, grain, corn, soybean, 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 ammonium thiosulfate fertilizer market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The ammonium thiosulfate fertilizer 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 ammonium thiosulfate fertilizer 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 ammonium thiosulfate fertilizer market in these regions.

World Geography

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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 ammonium thiosulfate fertilizer market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The ammonium thiosulfate fertilizer 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 ammonium thiosulfate fertilizer 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 ammonium thiosulfate fertilizer market in these regions.

MARKET PLAYERS
The reports cover key developments in the ammonium thiosulfate fertilizer 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 ammonium thiosulfate fertilizer market are anticipated to lucrative growth opportunities in the future with the rising demand for Ammonium thiosulfate fertilizer in the global market. Below mentioned is the list of few companies engaged in the Ammonium thiosulfate fertilizer market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the ammonium thiosulfate fertilizer 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.
  • Juan Messina S.A.
  • Koch Fertilizer, LLC
  • Kugler Company
  • Mears Fertilizer, Inc.
  • Nutrien Ltd
  • Plant Food Company
  • Poole Chemical Company
  • R.W. Griffin
  • Tessenderlo Group
  • TIB Chemicals AG
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 Ammonium Thiosulfate Fertilizer Market - By Product Type
1.3.2 Ammonium Thiosulfate Fertilizer Market - By Application
1.3.3 Ammonium Thiosulfate Fertilizer Market - By Region
1.3.3.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. AMMONIUM THIOSULFATE FERTILIZER 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. AMMONIUM THIOSULFATE FERTILIZER 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. AMMONIUM THIOSULFATE FERTILIZER MARKET - GLOBAL MARKET ANALYSIS
6.1. AMMONIUM THIOSULFATE FERTILIZER - GLOBAL MARKET OVERVIEW
6.2. AMMONIUM THIOSULFATE FERTILIZER - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. AMMONIUM THIOSULFATE FERTILIZER MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. LIQUID TYPE
7.3.1. Overview
7.3.2. Liquid Type Market Forecast and Analysis
7.4. SOLID TYPE
7.4.1. Overview
7.4.2. Solid Type Market Forecast and Analysis
8. AMMONIUM THIOSULFATE FERTILIZER MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. CASH CROPS
8.3.1. Overview
8.3.2. Cash Crops Market Forecast and Analysis
8.4. GRAIN
8.4.1. Overview
8.4.2. Grain Market Forecast and Analysis
8.5. CORN
8.5.1. Overview
8.5.2. Corn Market Forecast and Analysis
8.6. SOYBEAN
8.6.1. Overview
8.6.2. Soybean Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. AMMONIUM THIOSULFATE FERTILIZER MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Ammonium Thiosulfate Fertilizer Market Overview
9.1.2 North America Ammonium Thiosulfate Fertilizer Market Forecasts and Analysis
9.1.3 North America Ammonium Thiosulfate Fertilizer Market Forecasts and Analysis - By Product Type
9.1.4 North America Ammonium Thiosulfate Fertilizer Market Forecasts and Analysis - By Application
9.1.5 North America Ammonium Thiosulfate Fertilizer Market Forecasts and Analysis - By Countries
9.1.5.1 United States Ammonium Thiosulfate Fertilizer Market
9.1.5.1.1 United States Ammonium Thiosulfate Fertilizer Market by Product Type
9.1.5.1.2 United States Ammonium Thiosulfate Fertilizer Market by Application
9.1.5.2 Canada Ammonium Thiosulfate Fertilizer Market
9.1.5.2.1 Canada Ammonium Thiosulfate Fertilizer Market by Product Type
9.1.5.2.2 Canada Ammonium Thiosulfate Fertilizer Market by Application
9.1.5.3 Mexico Ammonium Thiosulfate Fertilizer Market
9.1.5.3.1 Mexico Ammonium Thiosulfate Fertilizer Market by Product Type
9.1.5.3.2 Mexico Ammonium Thiosulfate Fertilizer Market by Application
9.2. EUROPE
9.2.1 Europe Ammonium Thiosulfate Fertilizer Market Overview
9.2.2 Europe Ammonium Thiosulfate Fertilizer Market Forecasts and Analysis
9.2.3 Europe Ammonium Thiosulfate Fertilizer Market Forecasts and Analysis - By Product Type
9.2.4 Europe Ammonium Thiosulfate Fertilizer Market Forecasts and Analysis - By Application
9.2.5 Europe Ammonium Thiosulfate Fertilizer Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Ammonium Thiosulfate Fertilizer Market
9.2.5.1.1 Germany Ammonium Thiosulfate Fertilizer Market by Product Type
9.2.5.1.2 Germany Ammonium Thiosulfate Fertilizer Market by Application
9.2.5.2 France Ammonium Thiosulfate Fertilizer Market
9.2.5.2.1 France Ammonium Thiosulfate Fertilizer Market by Product Type
9.2.5.2.2 France Ammonium Thiosulfate Fertilizer Market by Application
9.2.5.3 Italy Ammonium Thiosulfate Fertilizer Market
9.2.5.3.1 Italy Ammonium Thiosulfate Fertilizer Market by Product Type
9.2.5.3.2 Italy Ammonium Thiosulfate Fertilizer Market by Application
9.2.5.4 United Kingdom Ammonium Thiosulfate Fertilizer Market
9.2.5.4.1 United Kingdom Ammonium Thiosulfate Fertilizer Market by Product Type
9.2.5.4.2 United Kingdom Ammonium Thiosulfate Fertilizer Market by Application
9.2.5.5 Russia Ammonium Thiosulfate Fertilizer Market
9.2.5.5.1 Russia Ammonium Thiosulfate Fertilizer Market by Product Type
9.2.5.5.2 Russia Ammonium Thiosulfate Fertilizer Market by Application
9.2.5.6 Rest of Europe Ammonium Thiosulfate Fertilizer Market
9.2.5.6.1 Rest of Europe Ammonium Thiosulfate Fertilizer Market by Product Type
9.2.5.6.2 Rest of Europe Ammonium Thiosulfate Fertilizer Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Ammonium Thiosulfate Fertilizer Market Overview
9.3.2 Asia-Pacific Ammonium Thiosulfate Fertilizer Market Forecasts and Analysis
9.3.3 Asia-Pacific Ammonium Thiosulfate Fertilizer Market Forecasts and Analysis - By Product Type
9.3.4 Asia-Pacific Ammonium Thiosulfate Fertilizer Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Ammonium Thiosulfate Fertilizer Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Ammonium Thiosulfate Fertilizer Market
9.3.5.1.1 Australia Ammonium Thiosulfate Fertilizer Market by Product Type
9.3.5.1.2 Australia Ammonium Thiosulfate Fertilizer Market by Application
9.3.5.2 China Ammonium Thiosulfate Fertilizer Market
9.3.5.2.1 China Ammonium Thiosulfate Fertilizer Market by Product Type
9.3.5.2.2 China Ammonium Thiosulfate Fertilizer Market by Application
9.3.5.3 India Ammonium Thiosulfate Fertilizer Market
9.3.5.3.1 India Ammonium Thiosulfate Fertilizer Market by Product Type
9.3.5.3.2 India Ammonium Thiosulfate Fertilizer Market by Application
9.3.5.4 Japan Ammonium Thiosulfate Fertilizer Market
9.3.5.4.1 Japan Ammonium Thiosulfate Fertilizer Market by Product Type
9.3.5.4.2 Japan Ammonium Thiosulfate Fertilizer Market by Application
9.3.5.5 South Korea Ammonium Thiosulfate Fertilizer Market
9.3.5.5.1 South Korea Ammonium Thiosulfate Fertilizer Market by Product Type
9.3.5.5.2 South Korea Ammonium Thiosulfate Fertilizer Market by Application
9.3.5.6 Rest of Asia-Pacific Ammonium Thiosulfate Fertilizer Market
9.3.5.6.1 Rest of Asia-Pacific Ammonium Thiosulfate Fertilizer Market by Product Type
9.3.5.6.2 Rest of Asia-Pacific Ammonium Thiosulfate Fertilizer Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Ammonium Thiosulfate Fertilizer Market Overview
9.4.2 Middle East and Africa Ammonium Thiosulfate Fertilizer Market Forecasts and Analysis
9.4.3 Middle East and Africa Ammonium Thiosulfate Fertilizer Market Forecasts and Analysis - By Product Type
9.4.4 Middle East and Africa Ammonium Thiosulfate Fertilizer Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Ammonium Thiosulfate Fertilizer Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Ammonium Thiosulfate Fertilizer Market
9.4.5.1.1 South Africa Ammonium Thiosulfate Fertilizer Market by Product Type
9.4.5.1.2 South Africa Ammonium Thiosulfate Fertilizer Market by Application
9.4.5.2 Saudi Arabia Ammonium Thiosulfate Fertilizer Market
9.4.5.2.1 Saudi Arabia Ammonium Thiosulfate Fertilizer Market by Product Type
9.4.5.2.2 Saudi Arabia Ammonium Thiosulfate Fertilizer Market by Application
9.4.5.3 U.A.E Ammonium Thiosulfate Fertilizer Market
9.4.5.3.1 U.A.E Ammonium Thiosulfate Fertilizer Market by Product Type
9.4.5.3.2 U.A.E Ammonium Thiosulfate Fertilizer Market by Application
9.4.5.4 Rest of Middle East and Africa Ammonium Thiosulfate Fertilizer Market
9.4.5.4.1 Rest of Middle East and Africa Ammonium Thiosulfate Fertilizer Market by Product Type
9.4.5.4.2 Rest of Middle East and Africa Ammonium Thiosulfate Fertilizer Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Ammonium Thiosulfate Fertilizer Market Overview
9.5.2 South and Central America Ammonium Thiosulfate Fertilizer Market Forecasts and Analysis
9.5.3 South and Central America Ammonium Thiosulfate Fertilizer Market Forecasts and Analysis - By Product Type
9.5.4 South and Central America Ammonium Thiosulfate Fertilizer Market Forecasts and Analysis - By Application
9.5.5 South and Central America Ammonium Thiosulfate Fertilizer Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Ammonium Thiosulfate Fertilizer Market
9.5.5.1.1 Brazil Ammonium Thiosulfate Fertilizer Market by Product Type
9.5.5.1.2 Brazil Ammonium Thiosulfate Fertilizer Market by Application
9.5.5.2 Argentina Ammonium Thiosulfate Fertilizer Market
9.5.5.2.1 Argentina Ammonium Thiosulfate Fertilizer Market by Product Type
9.5.5.2.2 Argentina Ammonium Thiosulfate Fertilizer Market by Application
9.5.5.3 Rest of South and Central America Ammonium Thiosulfate Fertilizer Market
9.5.5.3.1 Rest of South and Central America Ammonium Thiosulfate Fertilizer Market by Product Type
9.5.5.3.2 Rest of South and Central America Ammonium Thiosulfate Fertilizer 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. AMMONIUM THIOSULFATE FERTILIZER MARKET, KEY COMPANY PROFILES
11.1. JUAN MESSINA S.A.
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. KOCH FERTILIZER, LLC
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. KUGLER COMPANY
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. MEARS FERTILIZER, INC.
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. NUTRIEN LTD
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. PLANT FOOD COMPANY
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. POOLE CHEMICAL COMPANY
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. R.W. GRIFFIN
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. TESSENDERLO 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. TIB CHEMICALS AG
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. Juan Messina S.A.
2. Koch Fertilizer, LLC
3. Kugler Company
4. Mears Fertilizer, Inc.
5. Nutrien Ltd
6. Plant Food Company
7. Poole Chemical Company
8. R.W. Griffin
9. Tessenderlo Group
10. TIB Chemicals AG

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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