Isocyanates are basically organic compounds consist of the -N=C=O group. When these two of these groups are attached to a compound, the group is known as a di-isocyanate. There are mainly two types of isocyanate compounds, such as aromatic isocyanates and aliphatic isocyanates. Aromatic isocyanates mainly involve direct attachment of an NCO group along with aromatic rings. Aromatic isocyanates are used in the production of polyurethane foam, which is further formed by a reaction between aromatic isocyanates as well as polyols in the presence of a catalyst. Aromatic Isocyanates are also used in the production of flexible or rigid foam, elastomers, and protective coatings. These compounds are also highly reactive & toxic in nature. Due to their toxic nature, special care is taken while handling and during production. Raw materials used for the production of aromatic isocyanates include toluene, benzene, aniline, and among others. Toluenediisocyanate (TDI) and Methylenediphenyl diisocyanate (MDI) these two aromatics which are mostly utilized in construction industry applications for manufacturing rigid foam.
MARKET DYNAMICS
The aromatic isocyanates market has witnessed a significant growth owing to factors such as wider application in polyurethane foam, elastomers, adhesive & sealant, coating, and others in various end-use industries, including construction, packaging, furniture, transportation, chemical, and others. The demand for aromatic isocyanates is increasing due to a rise in demand for polyurethane foam, especially in the construction industry. The demand for adhesives as well as protective coatings and their growing applications are expected to, in turn, propel the growth in demand for aromatic isocyanates over the forecast period. However, fluctuating prices of raw materials utilized to produce aromatic isocyanates may hamper the growth of the aromatic isocyanates market. Also, various stringent regulations from government associations such as OSHA, REACH, among others, on the production of aromatic isocyanates restrict the growth of this market. Nevertheless, aromatic isocyanates are generally available in small quantities; if bulk production is made possible, it will create a new opportunity for the growth of the market.
MARKET SCOPE
The "Global Aromatic Isocyanates 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 aromatic isocyanates market with detailed market segmentation by type, application, end-use, and geography. The global aromatic isocyanates market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading aromatic isocyanates market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global aromatic isocyanates market is segmented on the basis of type, application, and end-use. On the basis of type, the aromatic isocyanates market is segmented into toluenediisocyanate (TDI), methylenediphenyl diisocyanate (MDI), naphthalene 1,5-diisocyanate (NDI), P-phenylene diisocyanate (PPDI), and others. The aromatic isocyanates market on the basis of the application is classified into polyurethane foam, elastomers, adhesive & sealant, coating, and others. On the basis of end-use, global aromatic isocyanates market is bifurcated into construction, packaging, furniture, transportation, 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 aromatic isocyanates 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 aromatic isocyanates 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 aromatic isocyanates 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 aromatic isocyanates 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 aromatic isocyanates 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 aromatic isocyanates 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 aromatic isocyanates 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 aromatic isocyanates market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global aromatic isocyanates market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the 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 aromatic isocyanates market are anticipated to lucrative growth opportunities in the future with the rising demand for aromatic isocyanates in the global market. Below mentioned is the list of few companies engaged in the aromatic isocyanates market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the aromatic isocyanates 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.
- Vencorex
- BASF SE
- Cangzhou Dahua Group Co., Ltd.
- Chemtura Corporation
- Covestro AG
- Dow Chemicals
- Gujarat Narmada Valley Fertilizers & Chemicals Limited
- Mitsui Chemicals Inc.
- Wanhua Chemical Co., Ltd
- Others
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
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 Aromatic Isocyanates Market - By Type
1.3.2 Aromatic Isocyanates Market - By Application
1.3.3 Aromatic Isocyanates Market - By End-Use
1.3.4 Aromatic Isocyanates Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. AROMATIC ISOCYANATES MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. AROMATIC ISOCYANATES 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. AROMATIC ISOCYANATES MARKET - GLOBAL MARKET ANALYSIS
6.1. AROMATIC ISOCYANATES - GLOBAL MARKET OVERVIEW
6.2. AROMATIC ISOCYANATES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. AROMATIC ISOCYANATES MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. TOLUENEDIISOCYANATE (TDI)
7.3.1. Overview
7.3.2. Toluenediisocyanate (TDI) Market Forecast and Analysis
7.4. METHYLENEDIPHENYL DIISOCYANATE (MDI)
7.4.1. Overview
7.4.2. Methylenediphenyl diisocyanate (MDI) Market Forecast and Analysis
7.5. NAPHTHALENE 1,5-DIISOCYANATE (NDI)
7.5.1. Overview
7.5.2. Naphthalene 1,5-Diisocyanate (NDI) Market Forecast and Analysis
7.6. P-PHENYLENE DIISOCYANATE (PPDI)
7.6.1. Overview
7.6.2. P-Phenylene Diisocyanate (PPDI) Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
8. AROMATIC ISOCYANATES MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. POLYURETHANE FOAM
8.3.1. Overview
8.3.2. Polyurethane foam Market Forecast and Analysis
8.3.3. Fixed Market
8.3.3.1. Overview
8.3.3.2. Fixed Market Forecast and Analysis
8.3.4. Rigid Market
8.3.4.1. Overview
8.3.4.2. Rigid Market Forecast and Analysis
8.4. ELASTOMERS
8.4.1. Overview
8.4.2. Elastomers Market Forecast and Analysis
8.5. ADHESIVE AND SEALANT
8.5.1. Overview
8.5.2. Adhesive and sealant Market Forecast and Analysis
8.6. COATING
8.6.1. Overview
8.6.2. Coating Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. AROMATIC ISOCYANATES MARKET - REVENUE AND FORECASTS TO 2028 - END-USE
9.1. OVERVIEW
9.2. END-USE MARKET FORECASTS AND ANALYSIS
9.3. CONSTRUCTION
9.3.1. Overview
9.3.2. Construction Market Forecast and Analysis
9.4. PACKAGING
9.4.1. Overview
9.4.2. Packaging Market Forecast and Analysis
9.5. FURNITURE
9.5.1. Overview
9.5.2. Furniture Market Forecast and Analysis
9.6. TRANSPORTATION
9.6.1. Overview
9.6.2. Transportation Market Forecast and Analysis
9.7. CHEMICAL
9.7.1. Overview
9.7.2. Chemical Market Forecast and Analysis
9.8. OTHERS
9.8.1. Overview
9.8.2. Others Market Forecast and Analysis
10. AROMATIC ISOCYANATES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Aromatic Isocyanates Market Overview
10.1.2 North America Aromatic Isocyanates Market Forecasts and Analysis
10.1.3 North America Aromatic Isocyanates Market Forecasts and Analysis - By Type
10.1.4 North America Aromatic Isocyanates Market Forecasts and Analysis - By Application
10.1.5 North America Aromatic Isocyanates Market Forecasts and Analysis - By End-Use
10.1.6 North America Aromatic Isocyanates Market Forecasts and Analysis - By Countries
10.1.6.1 United States Aromatic Isocyanates Market
10.1.6.1.1 United States Aromatic Isocyanates Market by Type
10.1.6.1.2 United States Aromatic Isocyanates Market by Application
10.1.6.1.3 United States Aromatic Isocyanates Market by End-Use
10.1.6.2 Canada Aromatic Isocyanates Market
10.1.6.2.1 Canada Aromatic Isocyanates Market by Type
10.1.6.2.2 Canada Aromatic Isocyanates Market by Application
10.1.6.2.3 Canada Aromatic Isocyanates Market by End-Use
10.1.6.3 Mexico Aromatic Isocyanates Market
10.1.6.3.1 Mexico Aromatic Isocyanates Market by Type
10.1.6.3.2 Mexico Aromatic Isocyanates Market by Application
10.1.6.3.3 Mexico Aromatic Isocyanates Market by End-Use
10.2. EUROPE
10.2.1 Europe Aromatic Isocyanates Market Overview
10.2.2 Europe Aromatic Isocyanates Market Forecasts and Analysis
10.2.3 Europe Aromatic Isocyanates Market Forecasts and Analysis - By Type
10.2.4 Europe Aromatic Isocyanates Market Forecasts and Analysis - By Application
10.2.5 Europe Aromatic Isocyanates Market Forecasts and Analysis - By End-Use
10.2.6 Europe Aromatic Isocyanates Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Aromatic Isocyanates Market
10.2.6.1.1 Germany Aromatic Isocyanates Market by Type
10.2.6.1.2 Germany Aromatic Isocyanates Market by Application
10.2.6.1.3 Germany Aromatic Isocyanates Market by End-Use
10.2.6.2 France Aromatic Isocyanates Market
10.2.6.2.1 France Aromatic Isocyanates Market by Type
10.2.6.2.2 France Aromatic Isocyanates Market by Application
10.2.6.2.3 France Aromatic Isocyanates Market by End-Use
10.2.6.3 Italy Aromatic Isocyanates Market
10.2.6.3.1 Italy Aromatic Isocyanates Market by Type
10.2.6.3.2 Italy Aromatic Isocyanates Market by Application
10.2.6.3.3 Italy Aromatic Isocyanates Market by End-Use
10.2.6.4 United Kingdom Aromatic Isocyanates Market
10.2.6.4.1 United Kingdom Aromatic Isocyanates Market by Type
10.2.6.4.2 United Kingdom Aromatic Isocyanates Market by Application
10.2.6.4.3 United Kingdom Aromatic Isocyanates Market by End-Use
10.2.6.5 Russia Aromatic Isocyanates Market
10.2.6.5.1 Russia Aromatic Isocyanates Market by Type
10.2.6.5.2 Russia Aromatic Isocyanates Market by Application
10.2.6.5.3 Russia Aromatic Isocyanates Market by End-Use
10.2.6.6 Rest of Europe Aromatic Isocyanates Market
10.2.6.6.1 Rest of Europe Aromatic Isocyanates Market by Type
10.2.6.6.2 Rest of Europe Aromatic Isocyanates Market by Application
10.2.6.6.3 Rest of Europe Aromatic Isocyanates Market by End-Use
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Aromatic Isocyanates Market Overview
10.3.2 Asia-Pacific Aromatic Isocyanates Market Forecasts and Analysis
10.3.3 Asia-Pacific Aromatic Isocyanates Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Aromatic Isocyanates Market Forecasts and Analysis - By Application
10.3.5 Asia-Pacific Aromatic Isocyanates Market Forecasts and Analysis - By End-Use
10.3.6 Asia-Pacific Aromatic Isocyanates Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Aromatic Isocyanates Market
10.3.6.1.1 Australia Aromatic Isocyanates Market by Type
10.3.6.1.2 Australia Aromatic Isocyanates Market by Application
10.3.6.1.3 Australia Aromatic Isocyanates Market by End-Use
10.3.6.2 China Aromatic Isocyanates Market
10.3.6.2.1 China Aromatic Isocyanates Market by Type
10.3.6.2.2 China Aromatic Isocyanates Market by Application
10.3.6.2.3 China Aromatic Isocyanates Market by End-Use
10.3.6.3 India Aromatic Isocyanates Market
10.3.6.3.1 India Aromatic Isocyanates Market by Type
10.3.6.3.2 India Aromatic Isocyanates Market by Application
10.3.6.3.3 India Aromatic Isocyanates Market by End-Use
10.3.6.4 Japan Aromatic Isocyanates Market
10.3.6.4.1 Japan Aromatic Isocyanates Market by Type
10.3.6.4.2 Japan Aromatic Isocyanates Market by Application
10.3.6.4.3 Japan Aromatic Isocyanates Market by End-Use
10.3.6.5 South Korea Aromatic Isocyanates Market
10.3.6.5.1 South Korea Aromatic Isocyanates Market by Type
10.3.6.5.2 South Korea Aromatic Isocyanates Market by Application
10.3.6.5.3 South Korea Aromatic Isocyanates Market by End-Use
10.3.6.6 Rest of Asia-Pacific Aromatic Isocyanates Market
10.3.6.6.1 Rest of Asia-Pacific Aromatic Isocyanates Market by Type
10.3.6.6.2 Rest of Asia-Pacific Aromatic Isocyanates Market by Application
10.3.6.6.3 Rest of Asia-Pacific Aromatic Isocyanates Market by End-Use
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Aromatic Isocyanates Market Overview
10.4.2 Middle East and Africa Aromatic Isocyanates Market Forecasts and Analysis
10.4.3 Middle East and Africa Aromatic Isocyanates Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Aromatic Isocyanates Market Forecasts and Analysis - By Application
10.4.5 Middle East and Africa Aromatic Isocyanates Market Forecasts and Analysis - By End-Use
10.4.6 Middle East and Africa Aromatic Isocyanates Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Aromatic Isocyanates Market
10.4.6.1.1 South Africa Aromatic Isocyanates Market by Type
10.4.6.1.2 South Africa Aromatic Isocyanates Market by Application
10.4.6.1.3 South Africa Aromatic Isocyanates Market by End-Use
10.4.6.2 Saudi Arabia Aromatic Isocyanates Market
10.4.6.2.1 Saudi Arabia Aromatic Isocyanates Market by Type
10.4.6.2.2 Saudi Arabia Aromatic Isocyanates Market by Application
10.4.6.2.3 Saudi Arabia Aromatic Isocyanates Market by End-Use
10.4.6.3 U.A.E Aromatic Isocyanates Market
10.4.6.3.1 U.A.E Aromatic Isocyanates Market by Type
10.4.6.3.2 U.A.E Aromatic Isocyanates Market by Application
10.4.6.3.3 U.A.E Aromatic Isocyanates Market by End-Use
10.4.6.4 Rest of Middle East and Africa Aromatic Isocyanates Market
10.4.6.4.1 Rest of Middle East and Africa Aromatic Isocyanates Market by Type
10.4.6.4.2 Rest of Middle East and Africa Aromatic Isocyanates Market by Application
10.4.6.4.3 Rest of Middle East and Africa Aromatic Isocyanates Market by End-Use
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Aromatic Isocyanates Market Overview
10.5.2 South and Central America Aromatic Isocyanates Market Forecasts and Analysis
10.5.3 South and Central America Aromatic Isocyanates Market Forecasts and Analysis - By Type
10.5.4 South and Central America Aromatic Isocyanates Market Forecasts and Analysis - By Application
10.5.5 South and Central America Aromatic Isocyanates Market Forecasts and Analysis - By End-Use
10.5.6 South and Central America Aromatic Isocyanates Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Aromatic Isocyanates Market
10.5.6.1.1 Brazil Aromatic Isocyanates Market by Type
10.5.6.1.2 Brazil Aromatic Isocyanates Market by Application
10.5.6.1.3 Brazil Aromatic Isocyanates Market by End-Use
10.5.6.2 Argentina Aromatic Isocyanates Market
10.5.6.2.1 Argentina Aromatic Isocyanates Market by Type
10.5.6.2.2 Argentina Aromatic Isocyanates Market by Application
10.5.6.2.3 Argentina Aromatic Isocyanates Market by End-Use
10.5.6.3 Rest of South and Central America Aromatic Isocyanates Market
10.5.6.3.1 Rest of South and Central America Aromatic Isocyanates Market by Type
10.5.6.3.2 Rest of South and Central America Aromatic Isocyanates Market by Application
10.5.6.3.3 Rest of South and Central America Aromatic Isocyanates Market by End-Use
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. AROMATIC ISOCYANATES MARKET, KEY COMPANY PROFILES
12.1. BASF SE
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. CANGZHOU DAHUA GROUP CO., LTD.
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. CHEMTURA CORPORATION
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. COVESTRO AG
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. DOW CHEMICALS
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. GUJARAT NARMADA VALLEY FERTILIZERS AND CHEMICALS LIMITED
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. 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. MITSUI CHEMICALS INC.
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. VENCOREX
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. WANHUA CHEMICAL CO., LTD
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. BASF SE
2. Cangzhou Dahua Group Co., Ltd.
3. Chemtura Corporation
4. Covestro AG
5. Dow Chemicals
6. Gujarat Narmada Valley Fertilizers and Chemicals Limited
7. Huntsman Corporation
8. Mitsui Chemicals Inc.
9. Vencorex
10. Wanhua 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.
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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
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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:
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- 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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Re-Refined Paraffinic Base Oil Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Process (Acid Treatment, Clay Treatment, Solvent Extraction, and Hydrotreating), Application (Engine Oil, Hydraulic Oil, Metalworking Fluid, Compressor Oil, Grease, Turbine Oil, and Others), End Use (Automotive, Construction, Mining and Metallurgy, Marine, Energy and Power, Oil and Gas, and Others), and Geography
Apr 2024
Cosmetic Polymer Ingredients Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type (Polyethylene Glycol, Acrylic Acid-Based, Vinyl Acetate, Silicone, Cellulose, Collagen, Pectin, Xanthan Gum, Chitosan, and Others), Category (Natural, Synthetic, and Semi-Synthetic), Function (Rheology Modifier, Stabilizers, Emulsifiers, Film Formers, Conditioning, and Others), Application (Skincare, Hair Care, Makeup, and Others), and Geography
Apr 2024
Plastic Pipes Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type [Corrugated (Single-Wall and Multi-Wall) and Smoothwall], Material Type (Polyvinyl Chloride, High-Density Polyethylene, Polypropylene, and Others), Application (Water Supply, Sewage and Drainage, Irrigation, Gas Distribution, and Others), End-Use Industry (Construction and Infrastructure, Water and Wastewater Management, Oil and Gas, and Others), and Geography
Apr 2024
Nonwovens for Energy Applications Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type (Carbon Fiber, Titanium Fiber, and Others), Application [Battery, Fuel Cell Gas Diffusion Layer (GDL), PTL, and Wind Energy], and Geography
Apr 2024
Antimicrobial Coating Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Material (Silver, Copper, Titanium Dioxide, and Others), Application (Healthcare, HVAC, Mold Remediation, Building and Construction, Food and Beverages, and Others), and Geography
Apr 2024
Hot Melt Adhesives Market
Size and Forecast (2020–2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Product Type (Glue Sticks, Glue Slugs, and Others), Type (Ethylene Vinyl Acetate, Polyolefins, Polyamides, Polyurethanes, Styrene Block Copolymers, and Others), Application (Packaging, Construction, Automotive, Furniture, Footwear, Electronics, and Others), and Geography
Apr 2024
Lubricants Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Base Oil (Mineral Oil, Synthetic Oil, and Bio-based Oil), Type (Hydraulic Fluid, Engine Oil, Driveline Lubricants, Metalworking Fluids, Grease, Process Oils, Coolants, and Others), End-Use Industry [Automotive (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, and Others), Building and Construction, Power Generation, Mining and Metallurgy, Food Processing, Oil and Gas, Marine, Aviation, and Others], and Geography
Apr 2024
Cosmetic Preservatives Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Source (Natural and Synthetic), Product Type (Parabens, Formaldehyde Releasers, Organic Acids, Quaternary Compounds, Phenol Derivatives, Alcohols, and Others), Application (Hair Care, Skin Care, Makeup Products, Toiletries, Perfumes and Deodorants, and Others), and Geography
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