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

Coverage: Iprodione Market covers analysis By Trade Name (Chipco 26019, Kidan, DOP 500F, NRC 910, LFA 2043, Rovral, Verisan); Application (Fruit, Ornamental Trees, Vegetables, Scrubs And Lawns); Distribution Channel (Online, Offline) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

Publication Month : Mar 2024

  • Report Code : TIPRE00015091
  • Category : Chemicals and Materials
  • Status : Upcoming
  • No. of Pages : 150
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MARKET INTRODUCTION

Iprodione is basically used on crops affected by Botrytis bunch rot, Sclerotinia, Brown rot, and other fungal diseases in plants. It is primarily applied in a variety of crops, including fruit, ornamental trees, vegetables, scrubs, and on lawns. It is a contact fungicide that mainly inhibits the germination of fungal spores as well as blocks the growth of fungal mycelium. It is available in the market under the brand name called "Rovral" and "Chipco green" (both brands come under of Bayer CropScience). DevGen NV (a part of Syngenta) discovered that iprodione kills nematodes also filed for patent protection for those uses.

MARKET DYNAMICS

The iprodione market has witnessed a significant growth owing to factors such as wider application in fruit, ornamental trees, vegetables, shrubs, and lawns. Iprodione is utilized in formulations with various other fungicides, including thiabendazole & carbendazim. Moreover, iprodione is compatible with other pesticides. Iprodione is used on crops that are affected by Botrytis bunch rot, Sclerotinia Brown rot, and other fungal diseases in plants. The prime reason for the growing demand for fungicides & nematicides, especially iprodione, in China, India, along with southeast Asian countries, including Indonesia, Malaysia, and Thailand due to the rise in need for better yield to fulfill the rising food demand from the escalating population. Furthermore, countries such as Brazil, South Africa, Argentina, and Israel are increasingly focusing on improving agriculture yield. Also, the U.S., along with European economies, are emphasizing on achieving maximum agriculture output utilizing the available arable land. All these factors are further creating a positive outlook for global agriculture, fertilizer, and fungicides industry, and contributing to the growth of the iprodione market. However, various rules and regulations on agrochemicals may hamper the growth of the iprodione market. Nevertheless, with the steady growth in the chemical processing industry and agriculture industry, there are opportunities for the market players to invest in this market.

MARKET SCOPE

The "Global Iprodione 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 iprodione market with detailed market segmentation by tradename, application, distribution channel, and geography. The global iprodione market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading iprodione market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global iprodione market is segmented on the basis of tradename, application, and distribution channel. On the basis of tradename, the iprodione market is segmented into Chipco 26019, Kidan, DOP 500F, NRC 910, LFA 2043, Rovral, And Verisan. The iprodione market on the basis of the application is classified into fruit, ornamental trees, vegetables, scrubs, and lawns. On the basis of distribution channel, global iprodione market is bifurcated into offline and online.

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 iprodione 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 iprodione 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 iprodione 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 iprodione 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 iprodione 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 iprodione 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 iprodione 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 iprodione market in these regions.

MARKET PLAYERS

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

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

  •   Bayer Cropscience AG
  •   BASF SE
  •   Dow AgroSciences
  •   E.I. Dupont De Nemours and Company
  •   Enviro Bio Chem
  •   Nanjing Essence Fine-Chemical
  •   Nulandis
  •   Star Crop Science
  •   Syngenta AG
  •   Villa Crop Protection

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 Iprodione Market - By Trade Name
1.3.2 Iprodione Market - By Application
1.3.3 Iprodione Market - By Distribution Channel
1.3.4 Iprodione Market - By Region
1.3.4.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

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

7. IPRODIONE MARKET - REVENUE AND FORECASTS TO 2028 - TRADE NAME
7.1. OVERVIEW
7.2. TRADE NAME MARKET FORECASTS AND ANALYSIS
7.3. CHIPCO 26019
7.3.1. Overview
7.3.2. Chipco 26019 Market Forecast and Analysis
7.4. KIDAN
7.4.1. Overview
7.4.2. Kidan Market Forecast and Analysis
7.5. DOP 500F
7.5.1. Overview
7.5.2. DOP 500F Market Forecast and Analysis
7.6. NRC 910
7.6.1. Overview
7.6.2. NRC 910 Market Forecast and Analysis
7.7. LFA 2043
7.7.1. Overview
7.7.2. LFA 2043 Market Forecast and Analysis
7.8. ROVRAL
7.8.1. Overview
7.8.2. Rovral Market Forecast and Analysis
7.9. VERISAN
7.9.1. Overview
7.9.2. Verisan Market Forecast and Analysis
8. IPRODIONE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. FRUIT
8.3.1. Overview
8.3.2. Fruit Market Forecast and Analysis
8.4. ORNAMENTAL TREES
8.4.1. Overview
8.4.2. Ornamental Trees Market Forecast and Analysis
8.5. VEGETABLES
8.5.1. Overview
8.5.2. Vegetables Market Forecast and Analysis
8.6. SCRUBS AND LAWNS
8.6.1. Overview
8.6.2. Scrubs And Lawns Market Forecast and Analysis
9. IPRODIONE MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
9.1. OVERVIEW
9.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
9.3. ONLINE
9.3.1. Overview
9.3.2. Online Market Forecast and Analysis
9.4. OFFLINE
9.4.1. Overview
9.4.2. Offline Market Forecast and Analysis

10. IPRODIONE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Iprodione Market Overview
10.1.2 North America Iprodione Market Forecasts and Analysis
10.1.3 North America Iprodione Market Forecasts and Analysis - By Trade Name
10.1.4 North America Iprodione Market Forecasts and Analysis - By Application
10.1.5 North America Iprodione Market Forecasts and Analysis - By Distribution Channel
10.1.6 North America Iprodione Market Forecasts and Analysis - By Countries
10.1.6.1 United States Iprodione Market
10.1.6.1.1 United States Iprodione Market by Trade Name
10.1.6.1.2 United States Iprodione Market by Application
10.1.6.1.3 United States Iprodione Market by Distribution Channel
10.1.6.2 Canada Iprodione Market
10.1.6.2.1 Canada Iprodione Market by Trade Name
10.1.6.2.2 Canada Iprodione Market by Application
10.1.6.2.3 Canada Iprodione Market by Distribution Channel
10.1.6.3 Mexico Iprodione Market
10.1.6.3.1 Mexico Iprodione Market by Trade Name
10.1.6.3.2 Mexico Iprodione Market by Application
10.1.6.3.3 Mexico Iprodione Market by Distribution Channel
10.2. EUROPE
10.2.1 Europe Iprodione Market Overview
10.2.2 Europe Iprodione Market Forecasts and Analysis
10.2.3 Europe Iprodione Market Forecasts and Analysis - By Trade Name
10.2.4 Europe Iprodione Market Forecasts and Analysis - By Application
10.2.5 Europe Iprodione Market Forecasts and Analysis - By Distribution Channel
10.2.6 Europe Iprodione Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Iprodione Market
10.2.6.1.1 Germany Iprodione Market by Trade Name
10.2.6.1.2 Germany Iprodione Market by Application
10.2.6.1.3 Germany Iprodione Market by Distribution Channel
10.2.6.2 France Iprodione Market
10.2.6.2.1 France Iprodione Market by Trade Name
10.2.6.2.2 France Iprodione Market by Application
10.2.6.2.3 France Iprodione Market by Distribution Channel
10.2.6.3 Italy Iprodione Market
10.2.6.3.1 Italy Iprodione Market by Trade Name
10.2.6.3.2 Italy Iprodione Market by Application
10.2.6.3.3 Italy Iprodione Market by Distribution Channel
10.2.6.4 United Kingdom Iprodione Market
10.2.6.4.1 United Kingdom Iprodione Market by Trade Name
10.2.6.4.2 United Kingdom Iprodione Market by Application
10.2.6.4.3 United Kingdom Iprodione Market by Distribution Channel
10.2.6.5 Russia Iprodione Market
10.2.6.5.1 Russia Iprodione Market by Trade Name
10.2.6.5.2 Russia Iprodione Market by Application
10.2.6.5.3 Russia Iprodione Market by Distribution Channel
10.2.6.6 Rest of Europe Iprodione Market
10.2.6.6.1 Rest of Europe Iprodione Market by Trade Name
10.2.6.6.2 Rest of Europe Iprodione Market by Application
10.2.6.6.3 Rest of Europe Iprodione Market by Distribution Channel
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Iprodione Market Overview
10.3.2 Asia-Pacific Iprodione Market Forecasts and Analysis
10.3.3 Asia-Pacific Iprodione Market Forecasts and Analysis - By Trade Name
10.3.4 Asia-Pacific Iprodione Market Forecasts and Analysis - By Application
10.3.5 Asia-Pacific Iprodione Market Forecasts and Analysis - By Distribution Channel
10.3.6 Asia-Pacific Iprodione Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Iprodione Market
10.3.6.1.1 Australia Iprodione Market by Trade Name
10.3.6.1.2 Australia Iprodione Market by Application
10.3.6.1.3 Australia Iprodione Market by Distribution Channel
10.3.6.2 China Iprodione Market
10.3.6.2.1 China Iprodione Market by Trade Name
10.3.6.2.2 China Iprodione Market by Application
10.3.6.2.3 China Iprodione Market by Distribution Channel
10.3.6.3 India Iprodione Market
10.3.6.3.1 India Iprodione Market by Trade Name
10.3.6.3.2 India Iprodione Market by Application
10.3.6.3.3 India Iprodione Market by Distribution Channel
10.3.6.4 Japan Iprodione Market
10.3.6.4.1 Japan Iprodione Market by Trade Name
10.3.6.4.2 Japan Iprodione Market by Application
10.3.6.4.3 Japan Iprodione Market by Distribution Channel
10.3.6.5 South Korea Iprodione Market
10.3.6.5.1 South Korea Iprodione Market by Trade Name
10.3.6.5.2 South Korea Iprodione Market by Application
10.3.6.5.3 South Korea Iprodione Market by Distribution Channel
10.3.6.6 Rest of Asia-Pacific Iprodione Market
10.3.6.6.1 Rest of Asia-Pacific Iprodione Market by Trade Name
10.3.6.6.2 Rest of Asia-Pacific Iprodione Market by Application
10.3.6.6.3 Rest of Asia-Pacific Iprodione Market by Distribution Channel
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Iprodione Market Overview
10.4.2 Middle East and Africa Iprodione Market Forecasts and Analysis
10.4.3 Middle East and Africa Iprodione Market Forecasts and Analysis - By Trade Name
10.4.4 Middle East and Africa Iprodione Market Forecasts and Analysis - By Application
10.4.5 Middle East and Africa Iprodione Market Forecasts and Analysis - By Distribution Channel
10.4.6 Middle East and Africa Iprodione Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Iprodione Market
10.4.6.1.1 South Africa Iprodione Market by Trade Name
10.4.6.1.2 South Africa Iprodione Market by Application
10.4.6.1.3 South Africa Iprodione Market by Distribution Channel
10.4.6.2 Saudi Arabia Iprodione Market
10.4.6.2.1 Saudi Arabia Iprodione Market by Trade Name
10.4.6.2.2 Saudi Arabia Iprodione Market by Application
10.4.6.2.3 Saudi Arabia Iprodione Market by Distribution Channel
10.4.6.3 U.A.E Iprodione Market
10.4.6.3.1 U.A.E Iprodione Market by Trade Name
10.4.6.3.2 U.A.E Iprodione Market by Application
10.4.6.3.3 U.A.E Iprodione Market by Distribution Channel
10.4.6.4 Rest of Middle East and Africa Iprodione Market
10.4.6.4.1 Rest of Middle East and Africa Iprodione Market by Trade Name
10.4.6.4.2 Rest of Middle East and Africa Iprodione Market by Application
10.4.6.4.3 Rest of Middle East and Africa Iprodione Market by Distribution Channel
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Iprodione Market Overview
10.5.2 South and Central America Iprodione Market Forecasts and Analysis
10.5.3 South and Central America Iprodione Market Forecasts and Analysis - By Trade Name
10.5.4 South and Central America Iprodione Market Forecasts and Analysis - By Application
10.5.5 South and Central America Iprodione Market Forecasts and Analysis - By Distribution Channel
10.5.6 South and Central America Iprodione Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Iprodione Market
10.5.6.1.1 Brazil Iprodione Market by Trade Name
10.5.6.1.2 Brazil Iprodione Market by Application
10.5.6.1.3 Brazil Iprodione Market by Distribution Channel
10.5.6.2 Argentina Iprodione Market
10.5.6.2.1 Argentina Iprodione Market by Trade Name
10.5.6.2.2 Argentina Iprodione Market by Application
10.5.6.2.3 Argentina Iprodione Market by Distribution Channel
10.5.6.3 Rest of South and Central America Iprodione Market
10.5.6.3.1 Rest of South and Central America Iprodione Market by Trade Name
10.5.6.3.2 Rest of South and Central America Iprodione Market by Application
10.5.6.3.3 Rest of South and Central America Iprodione Market by Distribution Channel

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. IPRODIONE MARKET, KEY COMPANY PROFILES
12.1. BAYER CROPSCIENCE AG
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. BASF SE
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. DOW AGROSCIENCES
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. E.I. DUPONT DE NEMOURS AND COMPANY
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. ENVIRO BIO CHEM
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. NANJING ESSENCE FINE-CHEMICAL
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. NULANDIS
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. STAR CROP SCIENCE
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. SYNGENTA AG
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. VILLA CROP PROTECTION
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
The List of Companies

1. Bayer Cropscience AG
2. BASF SE
3. Dow AgroSciences
4. E.I. Dupont De Nemours and Company
5. Enviro Bio Chem
6. Nanjing Essence Fine-Chemical
7. Nulandis
8. Star Crop Science
9. Syngenta AG
10. Villa Crop Protection

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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