Petrochemicals are obtained from petroleum through refining process. Some other chemical compounds prepared from petroleum can also be obtained from other fossil fuels, including coal or natural gas and renewable sources such as maize, palm fruit, and sugar cane. Highly available petrochemicals in the market are olefins (ethylene and propylene) and aromatics (benzene, toluene, and xylene isomers). Olefins and aromatics are the building-blocks for a wide range of materials including solvents, detergents, and adhesives. Olefins are used as a base for polymers and oligomers, which are used in plastics, resins, fibers, elastomers, lubricants, and gels.
MARKET DYNAMICS
The petrochemicals market has witnessed a significant growth owing to factors such as wider application of petrochemicals in packaging, automotive, construction, electrical & electronics, and helthcare industries. Many polymers are used in the manufacturing of different types of plastic components, which finds applicationsin the automotive industries. This factor is driving the market for petrochemicals. Furthermore, increasing use of polymeric resins in the manufacturing of automotive components is expected to fuel the demand for polymers, which in turn will influence the market growth of petrochemicals. However, fluctuating prices of raw materials can be a challenge to the growth of this market. On the contrary, steady growth in the automotive, chemical, and construction industry will provide the opportunity for the market players to invest in the petrochemicals market.
MARKET SCOPE
The "Global Petrochemicals Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the petrochemicals market with detailed market segmentation by type, application, end-use industries, and geography. The global petrochemicals market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading petrochemicals market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global petrochemicals market is segmented on the basis of type, application, and end-use industries. On the basis of type, the petrochemicals market is segmented into benzene, xylene, ethylene, propylene, styrene, and others. The petrochemicals market on the basis of the application is classified into polymer, paints and coatings, solvent, rubber, adhesives, surfactants, and others. Based on end-use industries, petrochemicals market is bifurcated into packaging, automotive, construction, electrical and electronics, and healthcare.
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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 petrochemicals 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 petrochemicals 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 petrochemicals 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 petrochemicals market in these regions.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global petrochemicals 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 petrochemicals 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 petrochemicals 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 petrochemicals market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global petrochemicals 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 petrochemicals market are anticipated to lucrative growth opportunities in the future with the rising demand for petrochemicals in the global market. Below mentioned is the list of few companies engaged in the petrochemicals market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the petrochemicals 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.
- BASF SE
- British Petroleum Plc
- Chevron Corporation
- China National Petroleum Corporation
- China National Petroleum Corporation
- DuPont de Nemours, Inc.
- ExxonMobil Corporation
- INEOS Group Ltd.
- Royal Dutch Shell PLC
- The Dow Chemical Company
The Insight Partner's dedicated research and analysis petrochemicalsm 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 Petrochemicals Market - By Type
1.3.2 Petrochemicals Market - By Application
1.3.3 Petrochemicals Market - By End-Use Industries
1.3.4 Petrochemicals Market - By Region
1.3.4.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. PETROCHEMICALS 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. PETROCHEMICALS 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. PETROCHEMICALS MARKET - GLOBAL MARKET ANALYSIS
6.1. PETROCHEMICALS - GLOBAL MARKET OVERVIEW
6.2. PETROCHEMICALS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. PETROCHEMICALS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. BENZENE
7.3.1. Overview
7.3.2. Benzene Market Forecast and Analysis
7.4. XYLENE
7.4.1. Overview
7.4.2. Xylene Market Forecast and Analysis
7.5. ETHYLENE
7.5.1. Overview
7.5.2. Ethylene Market Forecast and Analysis
7.6. PROPYLENE
7.6.1. Overview
7.6.2. Propylene Market Forecast and Analysis
7.7. STYRENE
7.7.1. Overview
7.7.2. Styrene Market Forecast and Analysis
7.8. OTHERS
7.8.1. Overview
7.8.2. Others Market Forecast and Analysis
8. PETROCHEMICALS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. POLYMER
8.3.1. Overview
8.3.2. Polymer Market Forecast and Analysis
8.4. PAINTS AND COATINGS
8.4.1. Overview
8.4.2. Paints and Coatings Market Forecast and Analysis
8.5. SOLVENT
8.5.1. Overview
8.5.2. Solvent Market Forecast and Analysis
8.6. RUBBER
8.6.1. Overview
8.6.2. Rubber Market Forecast and Analysis
8.7. ADHESIVES
8.7.1. Overview
8.7.2. Adhesives Market Forecast and Analysis
8.8. SURFACTANTS
8.8.1. Overview
8.8.2. Surfactants Market Forecast and Analysis
8.9. OTHERS
8.9.1. Overview
8.9.2. Others Market Forecast and Analysis
9. PETROCHEMICALS MARKET - REVENUE AND FORECASTS TO 2028 - END-USE INDUSTRIES
9.1. OVERVIEW
9.2. END-USE INDUSTRIES MARKET FORECASTS AND ANALYSIS
9.3. PACKAGING
9.3.1. Overview
9.3.2. Packaging Market Forecast and Analysis
9.4. AUTOMOTIVE
9.4.1. Overview
9.4.2. Automotive Market Forecast and Analysis
9.5. CONSTRUCTION
9.5.1. Overview
9.5.2. Construction Market Forecast and Analysis
9.6. ELECTRICAL AND ELECTRONICS
9.6.1. Overview
9.6.2. Electrical and Electronics Market Forecast and Analysis
9.7. HEALTHCARE
9.7.1. Overview
9.7.2. Healthcare Market Forecast and Analysis
10. PETROCHEMICALS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Petrochemicals Market Overview
10.1.2 North America Petrochemicals Market Forecasts and Analysis
10.1.3 North America Petrochemicals Market Forecasts and Analysis - By Type
10.1.4 North America Petrochemicals Market Forecasts and Analysis - By Application
10.1.5 North America Petrochemicals Market Forecasts and Analysis - By End-Use Industries
10.1.6 North America Petrochemicals Market Forecasts and Analysis - By Countries
10.1.6.1 United States Petrochemicals Market
10.1.6.1.1 United States Petrochemicals Market by Type
10.1.6.1.2 United States Petrochemicals Market by Application
10.1.6.1.3 United States Petrochemicals Market by End-Use Industries
10.1.6.2 Canada Petrochemicals Market
10.1.6.2.1 Canada Petrochemicals Market by Type
10.1.6.2.2 Canada Petrochemicals Market by Application
10.1.6.2.3 Canada Petrochemicals Market by End-Use Industries
10.1.6.3 Mexico Petrochemicals Market
10.1.6.3.1 Mexico Petrochemicals Market by Type
10.1.6.3.2 Mexico Petrochemicals Market by Application
10.1.6.3.3 Mexico Petrochemicals Market by End-Use Industries
10.2. EUROPE
10.2.1 Europe Petrochemicals Market Overview
10.2.2 Europe Petrochemicals Market Forecasts and Analysis
10.2.3 Europe Petrochemicals Market Forecasts and Analysis - By Type
10.2.4 Europe Petrochemicals Market Forecasts and Analysis - By Application
10.2.5 Europe Petrochemicals Market Forecasts and Analysis - By End-Use Industries
10.2.6 Europe Petrochemicals Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Petrochemicals Market
10.2.6.1.1 Germany Petrochemicals Market by Type
10.2.6.1.2 Germany Petrochemicals Market by Application
10.2.6.1.3 Germany Petrochemicals Market by End-Use Industries
10.2.6.2 France Petrochemicals Market
10.2.6.2.1 France Petrochemicals Market by Type
10.2.6.2.2 France Petrochemicals Market by Application
10.2.6.2.3 France Petrochemicals Market by End-Use Industries
10.2.6.3 Italy Petrochemicals Market
10.2.6.3.1 Italy Petrochemicals Market by Type
10.2.6.3.2 Italy Petrochemicals Market by Application
10.2.6.3.3 Italy Petrochemicals Market by End-Use Industries
10.2.6.4 United Kingdom Petrochemicals Market
10.2.6.4.1 United Kingdom Petrochemicals Market by Type
10.2.6.4.2 United Kingdom Petrochemicals Market by Application
10.2.6.4.3 United Kingdom Petrochemicals Market by End-Use Industries
10.2.6.5 Russia Petrochemicals Market
10.2.6.5.1 Russia Petrochemicals Market by Type
10.2.6.5.2 Russia Petrochemicals Market by Application
10.2.6.5.3 Russia Petrochemicals Market by End-Use Industries
10.2.6.6 Rest of Europe Petrochemicals Market
10.2.6.6.1 Rest of Europe Petrochemicals Market by Type
10.2.6.6.2 Rest of Europe Petrochemicals Market by Application
10.2.6.6.3 Rest of Europe Petrochemicals Market by End-Use Industries
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Petrochemicals Market Overview
10.3.2 Asia-Pacific Petrochemicals Market Forecasts and Analysis
10.3.3 Asia-Pacific Petrochemicals Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Petrochemicals Market Forecasts and Analysis - By Application
10.3.5 Asia-Pacific Petrochemicals Market Forecasts and Analysis - By End-Use Industries
10.3.6 Asia-Pacific Petrochemicals Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Petrochemicals Market
10.3.6.1.1 Australia Petrochemicals Market by Type
10.3.6.1.2 Australia Petrochemicals Market by Application
10.3.6.1.3 Australia Petrochemicals Market by End-Use Industries
10.3.6.2 China Petrochemicals Market
10.3.6.2.1 China Petrochemicals Market by Type
10.3.6.2.2 China Petrochemicals Market by Application
10.3.6.2.3 China Petrochemicals Market by End-Use Industries
10.3.6.3 India Petrochemicals Market
10.3.6.3.1 India Petrochemicals Market by Type
10.3.6.3.2 India Petrochemicals Market by Application
10.3.6.3.3 India Petrochemicals Market by End-Use Industries
10.3.6.4 Japan Petrochemicals Market
10.3.6.4.1 Japan Petrochemicals Market by Type
10.3.6.4.2 Japan Petrochemicals Market by Application
10.3.6.4.3 Japan Petrochemicals Market by End-Use Industries
10.3.6.5 South Korea Petrochemicals Market
10.3.6.5.1 South Korea Petrochemicals Market by Type
10.3.6.5.2 South Korea Petrochemicals Market by Application
10.3.6.5.3 South Korea Petrochemicals Market by End-Use Industries
10.3.6.6 Rest of Asia-Pacific Petrochemicals Market
10.3.6.6.1 Rest of Asia-Pacific Petrochemicals Market by Type
10.3.6.6.2 Rest of Asia-Pacific Petrochemicals Market by Application
10.3.6.6.3 Rest of Asia-Pacific Petrochemicals Market by End-Use Industries
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Petrochemicals Market Overview
10.4.2 Middle East and Africa Petrochemicals Market Forecasts and Analysis
10.4.3 Middle East and Africa Petrochemicals Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Petrochemicals Market Forecasts and Analysis - By Application
10.4.5 Middle East and Africa Petrochemicals Market Forecasts and Analysis - By End-Use Industries
10.4.6 Middle East and Africa Petrochemicals Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Petrochemicals Market
10.4.6.1.1 South Africa Petrochemicals Market by Type
10.4.6.1.2 South Africa Petrochemicals Market by Application
10.4.6.1.3 South Africa Petrochemicals Market by End-Use Industries
10.4.6.2 Saudi Arabia Petrochemicals Market
10.4.6.2.1 Saudi Arabia Petrochemicals Market by Type
10.4.6.2.2 Saudi Arabia Petrochemicals Market by Application
10.4.6.2.3 Saudi Arabia Petrochemicals Market by End-Use Industries
10.4.6.3 Rest of Middle East and Africa Petrochemicals Market
10.4.6.3.1 Rest of Middle East and Africa Petrochemicals Market by Type
10.4.6.3.2 Rest of Middle East and Africa Petrochemicals Market by Application
10.4.6.3.3 Rest of Middle East and Africa Petrochemicals Market by End-Use Industries
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Petrochemicals Market Overview
10.5.2 South and Central America Petrochemicals Market Forecasts and Analysis
10.5.3 South and Central America Petrochemicals Market Forecasts and Analysis - By Type
10.5.4 South and Central America Petrochemicals Market Forecasts and Analysis - By Application
10.5.5 South and Central America Petrochemicals Market Forecasts and Analysis - By End-Use Industries
10.5.6 South and Central America Petrochemicals Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Petrochemicals Market
10.5.6.1.1 Brazil Petrochemicals Market by Type
10.5.6.1.2 Brazil Petrochemicals Market by Application
10.5.6.1.3 Brazil Petrochemicals Market by End-Use Industries
10.5.6.2 Argentina Petrochemicals Market
10.5.6.2.1 Argentina Petrochemicals Market by Type
10.5.6.2.2 Argentina Petrochemicals Market by Application
10.5.6.2.3 Argentina Petrochemicals Market by End-Use Industries
10.5.6.3 Rest of South and Central America Petrochemicals Market
10.5.6.3.1 Rest of South and Central America Petrochemicals Market by Type
10.5.6.3.2 Rest of South and Central America Petrochemicals Market by Application
10.5.6.3.3 Rest of South and Central America Petrochemicals Market by End-Use Industries
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. PETROCHEMICALS 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. BRITISH PETROLEUM PLC
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. CHEVRON 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. CHINA NATIONAL PETROLEUM CORPORATION
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. CHINA NATIONAL PETROLEUM CORPORATION
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. DUPONT DE NEMOURS, INC.
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. EXXONMOBIL 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. INEOS GROUP LTD.
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. ROYAL DUTCH SHELL PLC
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. THE DOW CHEMICAL COMPANY
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. British Petroleum Plc
3. Chevron Corporation
4. China National Petroleum Corporation
5. China National Petroleum Corporation
6. DuPont de Nemours, Inc.
7. ExxonMobil Corporation
8. INEOS Group Ltd.
9. Royal Dutch Shell PLC
10. The Dow Chemical Company
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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Apr 2024
Thermoplastic Adhesive Films Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Material (Polyethylene, Polyamide, Thermoplastics Polyurethane, Polyester, Polypropylene, Polyolefins, Copolyamides, Copolyesters, and Others); Technology (Cast Film and Blown Film); Application (Membrane Films, Barrier Films, and Blackout Films); End Use (Textile, Automotive, Electrical and Electronics, Medical, Ballistic Protection, Lightweight Hybrid Construction, and Others)