Global PAG Base Oil Supply, Demand and Key Producers, 2023-2029

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Published Date: 13 Sep 2023

Category: Chemical & Material

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Description
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags

Description

The global PAG Base Oil market size is expected to reach $ 1844.5 million by 2029, rising at a market growth of 3.0% CAGR during the forecast period (2023-2029).

PAG oil is mainly used as compressor oil.

PAG oil, or Polyalkylene Glycol, is a fully synthetic hygroscopic oil specifically designed for automotive air conditioner compressors
This report studies the global PAG Base Oil production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for PAG Base Oil, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of PAG Base Oil that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global PAG Base Oil total production and demand, 2018-2029, (K MT)
Global PAG Base Oil total production value, 2018-2029, (USD Million)
Global PAG Base Oil production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (K MT)
Global PAG Base Oil consumption by region & country, CAGR, 2018-2029 & (K MT)
U.S. VS China: PAG Base Oil domestic production, consumption, key domestic manufacturers and share
Global PAG Base Oil production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (K MT)
Global PAG Base Oil production by Type, production, value, CAGR, 2018-2029, (USD Million) & (K MT)
Global PAG Base Oil production by Application production, value, CAGR, 2018-2029, (USD Million) & (K MT).

This reports profiles key players in the global PAG Base Oil market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Idemitsu, DuPont, Exxon Mobil, Petronas Lubricants International and Shell, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World PAG Base Oil market.

Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K MT) and average price (USD/MT) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global PAG Base Oil Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global PAG Base Oil Market, Segmentation by Type
Water Soluble PAG Oils
Water Insoluble PAG Oils

Global PAG Base Oil Market, Segmentation by Application
Metal Working Fluids
Compressor Lubricants
Other

Companies Profiled:
Idemitsu
DuPont
Exxon Mobil
Petronas Lubricants International
Shell

Key Questions Answered
1. How big is the global PAG Base Oil market?
2. What is the demand of the global PAG Base Oil market?
3. What is the year over year growth of the global PAG Base Oil market?
4. What is the production and production value of the global PAG Base Oil market?
5. Who are the key producers in the global PAG Base Oil market?

Table of Contents

1 Supply Summary
    1.1 PAG Base Oil Introduction
    1.2 World PAG Base Oil Supply & Forecast
        1.2.1 World PAG Base Oil Production Value (2018 & 2022 & 2029)
        1.2.2 World PAG Base Oil Production (2018-2029)
        1.2.3 World PAG Base Oil Pricing Trends (2018-2029)
    1.3 World PAG Base Oil Production by Region (Based on Production Site)
        1.3.1 World PAG Base Oil Production Value by Region (2018-2029)
        1.3.2 World PAG Base Oil Production by Region (2018-2029)
        1.3.3 World PAG Base Oil Average Price by Region (2018-2029)
        1.3.4 North America PAG Base Oil Production (2018-2029)
        1.3.5 Europe PAG Base Oil Production (2018-2029)
        1.3.6 China PAG Base Oil Production (2018-2029)
        1.3.7 Japan PAG Base Oil Production (2018-2029)
    1.4 Market Drivers, Restraints and Trends
        1.4.1 PAG Base Oil Market Drivers
        1.4.2 Factors Affecting Demand
        1.4.3 PAG Base Oil Major Market Trends

2 Demand Summary
    2.1 World PAG Base Oil Demand (2018-2029)
    2.2 World PAG Base Oil Consumption by Region
        2.2.1 World PAG Base Oil Consumption by Region (2018-2023)
        2.2.2 World PAG Base Oil Consumption Forecast by Region (2024-2029)
    2.3 United States PAG Base Oil Consumption (2018-2029)
    2.4 China PAG Base Oil Consumption (2018-2029)
    2.5 Europe PAG Base Oil Consumption (2018-2029)
    2.6 Japan PAG Base Oil Consumption (2018-2029)
    2.7 South Korea PAG Base Oil Consumption (2018-2029)
    2.8 ASEAN PAG Base Oil Consumption (2018-2029)
    2.9 India PAG Base Oil Consumption (2018-2029)

3 World PAG Base Oil Manufacturers Competitive Analysis
    3.1 World PAG Base Oil Production Value by Manufacturer (2018-2023)
    3.2 World PAG Base Oil Production by Manufacturer (2018-2023)
    3.3 World PAG Base Oil Average Price by Manufacturer (2018-2023)
    3.4 PAG Base Oil Company Evaluation Quadrant
    3.5 Industry Rank and Concentration Rate (CR)
        3.5.1 Global PAG Base Oil Industry Rank of Major Manufacturers
        3.5.2 Global Concentration Ratios (CR4) for PAG Base Oil in 2022
        3.5.3 Global Concentration Ratios (CR8) for PAG Base Oil in 2022
    3.6 PAG Base Oil Market: Overall Company Footprint Analysis
        3.6.1 PAG Base Oil Market: Region Footprint
        3.6.2 PAG Base Oil Market: Company Product Type Footprint
        3.6.3 PAG Base Oil Market: Company Product Application Footprint
    3.7 Competitive Environment
        3.7.1 Historical Structure of the Industry
        3.7.2 Barriers of Market Entry
        3.7.3 Factors of Competition
    3.8 New Entrant and Capacity Expansion Plans
    3.9 Mergers, Acquisition, Agreements, and Collaborations

4 United States VS China VS Rest of the World
    4.1 United States VS China: PAG Base Oil Production Value Comparison
        4.1.1 United States VS China: PAG Base Oil Production Value Comparison (2018 & 2022 & 2029)
        4.1.2 United States VS China: PAG Base Oil Production Value Market Share Comparison (2018 & 2022 & 2029)
    4.2 United States VS China: PAG Base Oil Production Comparison
        4.2.1 United States VS China: PAG Base Oil Production Comparison (2018 & 2022 & 2029)
        4.2.2 United States VS China: PAG Base Oil Production Market Share Comparison (2018 & 2022 & 2029)
    4.3 United States VS China: PAG Base Oil Consumption Comparison
        4.3.1 United States VS China: PAG Base Oil Consumption Comparison (2018 & 2022 & 2029)
        4.3.2 United States VS China: PAG Base Oil Consumption Market Share Comparison (2018 & 2022 & 2029)
    4.4 United States Based PAG Base Oil Manufacturers and Market Share, 2018-2023
        4.4.1 United States Based PAG Base Oil Manufacturers, Headquarters and Production Site (States, Country)
        4.4.2 United States Based Manufacturers PAG Base Oil Production Value (2018-2023)
        4.4.3 United States Based Manufacturers PAG Base Oil Production (2018-2023)
    4.5 China Based PAG Base Oil Manufacturers and Market Share
        4.5.1 China Based PAG Base Oil Manufacturers, Headquarters and Production Site (Province, Country)
        4.5.2 China Based Manufacturers PAG Base Oil Production Value (2018-2023)
        4.5.3 China Based Manufacturers PAG Base Oil Production (2018-2023)
    4.6 Rest of World Based PAG Base Oil Manufacturers and Market Share, 2018-2023
        4.6.1 Rest of World Based PAG Base Oil Manufacturers, Headquarters and Production Site (State, Country)
        4.6.2 Rest of World Based Manufacturers PAG Base Oil Production Value (2018-2023)
        4.6.3 Rest of World Based Manufacturers PAG Base Oil Production (2018-2023)

5 Market Analysis by Type
    5.1 World PAG Base Oil Market Size Overview by Type: 2018 VS 2022 VS 2029
    5.2 Segment Introduction by Type
        5.2.1 Water Soluble PAG Oils
        5.2.2 Water Insoluble PAG Oils
    5.3 Market Segment by Type
        5.3.1 World PAG Base Oil Production by Type (2018-2029)
        5.3.2 World PAG Base Oil Production Value by Type (2018-2029)
        5.3.3 World PAG Base Oil Average Price by Type (2018-2029)

6 Market Analysis by Application
    6.1 World PAG Base Oil Market Size Overview by Application: 2018 VS 2022 VS 2029
    6.2 Segment Introduction by Application
        6.2.1 Metal Working Fluids
        6.2.2 Compressor Lubricants
        6.2.3 Other
    6.3 Market Segment by Application
        6.3.1 World PAG Base Oil Production by Application (2018-2029)
        6.3.2 World PAG Base Oil Production Value by Application (2018-2029)
        6.3.3 World PAG Base Oil Average Price by Application (2018-2029)

7 Company Profiles
    7.1 Idemitsu
        7.1.1 Idemitsu Details
        7.1.2 Idemitsu Major Business
        7.1.3 Idemitsu PAG Base Oil Product and Services
        7.1.4 Idemitsu PAG Base Oil Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.1.5 Idemitsu Recent Developments/Updates
        7.1.6 Idemitsu Competitive Strengths & Weaknesses
    7.2 DuPont
        7.2.1 DuPont Details
        7.2.2 DuPont Major Business
        7.2.3 DuPont PAG Base Oil Product and Services
        7.2.4 DuPont PAG Base Oil Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.2.5 DuPont Recent Developments/Updates
        7.2.6 DuPont Competitive Strengths & Weaknesses
    7.3 Exxon Mobil
        7.3.1 Exxon Mobil Details
        7.3.2 Exxon Mobil Major Business
        7.3.3 Exxon Mobil PAG Base Oil Product and Services
        7.3.4 Exxon Mobil PAG Base Oil Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.3.5 Exxon Mobil Recent Developments/Updates
        7.3.6 Exxon Mobil Competitive Strengths & Weaknesses
    7.4 Petronas Lubricants International
        7.4.1 Petronas Lubricants International Details
        7.4.2 Petronas Lubricants International Major Business
        7.4.3 Petronas Lubricants International PAG Base Oil Product and Services
        7.4.4 Petronas Lubricants International PAG Base Oil Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.4.5 Petronas Lubricants International Recent Developments/Updates
        7.4.6 Petronas Lubricants International Competitive Strengths & Weaknesses
    7.5 Shell
        7.5.1 Shell Details
        7.5.2 Shell Major Business
        7.5.3 Shell PAG Base Oil Product and Services
        7.5.4 Shell PAG Base Oil Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.5.5 Shell Recent Developments/Updates
        7.5.6 Shell Competitive Strengths & Weaknesses

8 Industry Chain Analysis
    8.1 PAG Base Oil Industry Chain
    8.2 PAG Base Oil Upstream Analysis
        8.2.1 PAG Base Oil Core Raw Materials
        8.2.2 Main Manufacturers of PAG Base Oil Core Raw Materials
    8.3 Midstream Analysis
    8.4 Downstream Analysis
    8.5 PAG Base Oil Production Mode
    8.6 PAG Base Oil Procurement Model
    8.7 PAG Base Oil Industry Sales Model and Sales Channels
        8.7.1 PAG Base Oil Sales Model
        8.7.2 PAG Base Oil Typical Customers

9 Research Findings and Conclusion

10 Appendix
    10.1 Methodology
    10.2 Research Process and Data Source
    10.3 Disclaimer

Table of Figures

List of Tables
    Table 1. World PAG Base Oil Production Value by Region (2018, 2022 and 2029) & (USD Million)
    Table 2. World PAG Base Oil Production Value by Region (2018-2023) & (USD Million)
    Table 3. World PAG Base Oil Production Value by Region (2024-2029) & (USD Million)
    Table 4. World PAG Base Oil Production Value Market Share by Region (2018-2023)
    Table 5. World PAG Base Oil Production Value Market Share by Region (2024-2029)
    Table 6. World PAG Base Oil Production by Region (2018-2023) & (K MT)
    Table 7. World PAG Base Oil Production by Region (2024-2029) & (K MT)
    Table 8. World PAG Base Oil Production Market Share by Region (2018-2023)
    Table 9. World PAG Base Oil Production Market Share by Region (2024-2029)
    Table 10. World PAG Base Oil Average Price by Region (2018-2023) & (USD/MT)
    Table 11. World PAG Base Oil Average Price by Region (2024-2029) & (USD/MT)
    Table 12. PAG Base Oil Major Market Trends
    Table 13. World PAG Base Oil Consumption Growth Rate Forecast by Region (2018 & 2022 & 2029) & (K MT)
    Table 14. World PAG Base Oil Consumption by Region (2018-2023) & (K MT)
    Table 15. World PAG Base Oil Consumption Forecast by Region (2024-2029) & (K MT)
    Table 16. World PAG Base Oil Production Value by Manufacturer (2018-2023) & (USD Million)
    Table 17. Production Value Market Share of Key PAG Base Oil Producers in 2022
    Table 18. World PAG Base Oil Production by Manufacturer (2018-2023) & (K MT)
    Table 19. Production Market Share of Key PAG Base Oil Producers in 2022
    Table 20. World PAG Base Oil Average Price by Manufacturer (2018-2023) & (USD/MT)
    Table 21. Global PAG Base Oil Company Evaluation Quadrant
    Table 22. World PAG Base Oil Industry Rank of Major Manufacturers, Based on Production Value in 2022
    Table 23. Head Office and PAG Base Oil Production Site of Key Manufacturer
    Table 24. PAG Base Oil Market: Company Product Type Footprint
    Table 25. PAG Base Oil Market: Company Product Application Footprint
    Table 26. PAG Base Oil Competitive Factors
    Table 27. PAG Base Oil New Entrant and Capacity Expansion Plans
    Table 28. PAG Base Oil Mergers & Acquisitions Activity
    Table 29. United States VS China PAG Base Oil Production Value Comparison, (2018 & 2022 & 2029) & (USD Million)
    Table 30. United States VS China PAG Base Oil Production Comparison, (2018 & 2022 & 2029) & (K MT)
    Table 31. United States VS China PAG Base Oil Consumption Comparison, (2018 & 2022 & 2029) & (K MT)
    Table 32. United States Based PAG Base Oil Manufacturers, Headquarters and Production Site (States, Country)
    Table 33. United States Based Manufacturers PAG Base Oil Production Value, (2018-2023) & (USD Million)
    Table 34. United States Based Manufacturers PAG Base Oil Production Value Market Share (2018-2023)
    Table 35. United States Based Manufacturers PAG Base Oil Production (2018-2023) & (K MT)
    Table 36. United States Based Manufacturers PAG Base Oil Production Market Share (2018-2023)
    Table 37. China Based PAG Base Oil Manufacturers, Headquarters and Production Site (Province, Country)
    Table 38. China Based Manufacturers PAG Base Oil Production Value, (2018-2023) & (USD Million)
    Table 39. China Based Manufacturers PAG Base Oil Production Value Market Share (2018-2023)
    Table 40. China Based Manufacturers PAG Base Oil Production (2018-2023) & (K MT)
    Table 41. China Based Manufacturers PAG Base Oil Production Market Share (2018-2023)
    Table 42. Rest of World Based PAG Base Oil Manufacturers, Headquarters and Production Site (States, Country)
    Table 43. Rest of World Based Manufacturers PAG Base Oil Production Value, (2018-2023) & (USD Million)
    Table 44. Rest of World Based Manufacturers PAG Base Oil Production Value Market Share (2018-2023)
    Table 45. Rest of World Based Manufacturers PAG Base Oil Production (2018-2023) & (K MT)
    Table 46. Rest of World Based Manufacturers PAG Base Oil Production Market Share (2018-2023)
    Table 47. World PAG Base Oil Production Value by Type, (USD Million), 2018 & 2022 & 2029
    Table 48. World PAG Base Oil Production by Type (2018-2023) & (K MT)
    Table 49. World PAG Base Oil Production by Type (2024-2029) & (K MT)
    Table 50. World PAG Base Oil Production Value by Type (2018-2023) & (USD Million)
    Table 51. World PAG Base Oil Production Value by Type (2024-2029) & (USD Million)
    Table 52. World PAG Base Oil Average Price by Type (2018-2023) & (USD/MT)
    Table 53. World PAG Base Oil Average Price by Type (2024-2029) & (USD/MT)
    Table 54. World PAG Base Oil Production Value by Application, (USD Million), 2018 & 2022 & 2029
    Table 55. World PAG Base Oil Production by Application (2018-2023) & (K MT)
    Table 56. World PAG Base Oil Production by Application (2024-2029) & (K MT)
    Table 57. World PAG Base Oil Production Value by Application (2018-2023) & (USD Million)
    Table 58. World PAG Base Oil Production Value by Application (2024-2029) & (USD Million)
    Table 59. World PAG Base Oil Average Price by Application (2018-2023) & (USD/MT)
    Table 60. World PAG Base Oil Average Price by Application (2024-2029) & (USD/MT)
    Table 61. Idemitsu Basic Information, Manufacturing Base and Competitors
    Table 62. Idemitsu Major Business
    Table 63. Idemitsu PAG Base Oil Product and Services
    Table 64. Idemitsu PAG Base Oil Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 65. Idemitsu Recent Developments/Updates
    Table 66. Idemitsu Competitive Strengths & Weaknesses
    Table 67. DuPont Basic Information, Manufacturing Base and Competitors
    Table 68. DuPont Major Business
    Table 69. DuPont PAG Base Oil Product and Services
    Table 70. DuPont PAG Base Oil Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 71. DuPont Recent Developments/Updates
    Table 72. DuPont Competitive Strengths & Weaknesses
    Table 73. Exxon Mobil Basic Information, Manufacturing Base and Competitors
    Table 74. Exxon Mobil Major Business
    Table 75. Exxon Mobil PAG Base Oil Product and Services
    Table 76. Exxon Mobil PAG Base Oil Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 77. Exxon Mobil Recent Developments/Updates
    Table 78. Exxon Mobil Competitive Strengths & Weaknesses
    Table 79. Petronas Lubricants International Basic Information, Manufacturing Base and Competitors
    Table 80. Petronas Lubricants International Major Business
    Table 81. Petronas Lubricants International PAG Base Oil Product and Services
    Table 82. Petronas Lubricants International PAG Base Oil Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 83. Petronas Lubricants International Recent Developments/Updates
    Table 84. Shell Basic Information, Manufacturing Base and Competitors
    Table 85. Shell Major Business
    Table 86. Shell PAG Base Oil Product and Services
    Table 87. Shell PAG Base Oil Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 88. Global Key Players of PAG Base Oil Upstream (Raw Materials)
    Table 89. PAG Base Oil Typical Customers
    Table 90. PAG Base Oil Typical Distributors
List of Figure
    Figure 1. PAG Base Oil Picture
    Figure 2. World PAG Base Oil Production Value: 2018 & 2022 & 2029, (USD Million)
    Figure 3. World PAG Base Oil Production Value and Forecast (2018-2029) & (USD Million)
    Figure 4. World PAG Base Oil Production (2018-2029) & (K MT)
    Figure 5. World PAG Base Oil Average Price (2018-2029) & (USD/MT)
    Figure 6. World PAG Base Oil Production Value Market Share by Region (2018-2029)
    Figure 7. World PAG Base Oil Production Market Share by Region (2018-2029)
    Figure 8. North America PAG Base Oil Production (2018-2029) & (K MT)
    Figure 9. Europe PAG Base Oil Production (2018-2029) & (K MT)
    Figure 10. China PAG Base Oil Production (2018-2029) & (K MT)
    Figure 11. Japan PAG Base Oil Production (2018-2029) & (K MT)
    Figure 12. PAG Base Oil Market Drivers
    Figure 13. Factors Affecting Demand
    Figure 14. World PAG Base Oil Consumption (2018-2029) & (K MT)
    Figure 15. World PAG Base Oil Consumption Market Share by Region (2018-2029)
    Figure 16. United States PAG Base Oil Consumption (2018-2029) & (K MT)
    Figure 17. China PAG Base Oil Consumption (2018-2029) & (K MT)
    Figure 18. Europe PAG Base Oil Consumption (2018-2029) & (K MT)
    Figure 19. Japan PAG Base Oil Consumption (2018-2029) & (K MT)
    Figure 20. South Korea PAG Base Oil Consumption (2018-2029) & (K MT)
    Figure 21. ASEAN PAG Base Oil Consumption (2018-2029) & (K MT)
    Figure 22. India PAG Base Oil Consumption (2018-2029) & (K MT)
    Figure 23. Producer Shipments of PAG Base Oil by Manufacturer Revenue ($MM) and Market Share (%): 2022
    Figure 24. Global Four-firm Concentration Ratios (CR4) for PAG Base Oil Markets in 2022
    Figure 25. Global Four-firm Concentration Ratios (CR8) for PAG Base Oil Markets in 2022
    Figure 26. United States VS China: PAG Base Oil Production Value Market Share Comparison (2018 & 2022 & 2029)
    Figure 27. United States VS China: PAG Base Oil Production Market Share Comparison (2018 & 2022 & 2029)
    Figure 28. United States VS China: PAG Base Oil Consumption Market Share Comparison (2018 & 2022 & 2029)
    Figure 29. United States Based Manufacturers PAG Base Oil Production Market Share 2022
    Figure 30. China Based Manufacturers PAG Base Oil Production Market Share 2022
    Figure 31. Rest of World Based Manufacturers PAG Base Oil Production Market Share 2022
    Figure 32. World PAG Base Oil Production Value by Type, (USD Million), 2018 & 2022 & 2029
    Figure 33. World PAG Base Oil Production Value Market Share by Type in 2022
    Figure 34. Water Soluble PAG Oils
    Figure 35. Water Insoluble PAG Oils
    Figure 36. World PAG Base Oil Production Market Share by Type (2018-2029)
    Figure 37. World PAG Base Oil Production Value Market Share by Type (2018-2029)
    Figure 38. World PAG Base Oil Average Price by Type (2018-2029) & (USD/MT)
    Figure 39. World PAG Base Oil Production Value by Application, (USD Million), 2018 & 2022 & 2029
    Figure 40. World PAG Base Oil Production Value Market Share by Application in 2022
    Figure 41. Metal Working Fluids
    Figure 42. Compressor Lubricants
    Figure 43. Other
    Figure 44. World PAG Base Oil Production Market Share by Application (2018-2029)
    Figure 45. World PAG Base Oil Production Value Market Share by Application (2018-2029)
    Figure 46. World PAG Base Oil Average Price by Application (2018-2029) & (USD/MT)
    Figure 47. PAG Base Oil Industry Chain
    Figure 48. PAG Base Oil Procurement Model
    Figure 49. PAG Base Oil Sales Model
    Figure 50. PAG Base Oil Sales Channels, Direct Sales, and Distribution
    Figure 51. Methodology
    Figure 52. Research Process and Data Source

Research Methodology

Client Requirements

Review and analyze client requirements

Discussion of all the project requirements and queries

Flexibility Check

Project Feasibility Analysis

Finalizing tentative research programme

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

Determination of key drivers, restraints, challenge, and opportunity

Identifies market needs and trends

Market Size Estimation & Forecast

Estimation of historical data based on secondary and primary data

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

Consideration of geography, region-specific product/service demand for region segments

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

Data Source

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

Collection of data

Cumulating and collating the essential qualitative and quantitative data

Generation of report in client requested format by research analysts

Reviews by expert analysts

Final quality check

Clarifying queries

Receiving feedback

Ensuring satisfaction

01 Identification of data

This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic

This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data

This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data

This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis

This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

Companies Mentioned

Idemitsu
DuPont
Exxon Mobil
Petronas Lubricants International
Shell

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