Global Performic Acid Supply, Demand and Key Producers, 2024-2030
Page: 107
Published Date: 10 Feb 2024
Category: Chemical & Material
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Description
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags
Description
The global Performic Acid market size is expected to reach $ 318.2 million by 2030, rising at a market growth of 3.4% CAGR during the forecast period (2024-2030).
Global Formic Acid key players include BASF, LUXI, Eastman, Feicheng Acid, Chongqing Chuandong Chemical, etc. Global top five manufacturers hold a share about 85%.
China is the largest market, with a share about 45%, followed by Europe and North America, both have a share over 45 percent.
In terms of product, Content 85% is the largest segment, with a share about 60%. And in terms of application, the largest application is Agriculture, followed by Leather & Textile.
Formic acid (also called methanoic acid) is a colorless liquid with a sharp odor. It is also the simplest carboxylic acid. The chemical formula is HCOOH or HCO2H. Formic acid is an environmentally acceptable and highly efficient organic acid. It is used in many areas, from leather processing to feed preservation.
This report studies the global Performic Acid production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Performic Acid, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Performic Acid that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Performic Acid total production and demand, 2019-2030, (Kiloton)
Global Performic Acid total production value, 2019-2030, (USD Million)
Global Performic Acid production by region & country, production, value, CAGR, 2019-2030, (USD Million) & (Kiloton)
Global Performic Acid consumption by region & country, CAGR, 2019-2030 & (Kiloton)
U.S. VS China: Performic Acid domestic production, consumption, key domestic manufacturers and share
Global Performic Acid production by manufacturer, production, price, value and market share 2019-2024, (USD Million) & (Kiloton)
Global Performic Acid production by Type, production, value, CAGR, 2019-2030, (USD Million) & (Kiloton)
Global Performic Acid production by Application production, value, CAGR, 2019-2030, (USD Million) & (Kiloton).
This reports profiles key players in the global Performic Acid 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 Hangzhou Dayangchem, Sagachem, Parchem, Akos consulting and solution, Henan Bon industrial co. ltd. and Evonik Industries, 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 Performic Acid market.
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Kiloton) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.
Global Performic Acid Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Performic Acid Market, Segmentation by Type
Industrial Grade
Medical Grade
Food Grade
Global Performic Acid Market, Segmentation by Application
Food Industry
Medical industry
Water treatment
Paper and Pulp
Others
Companies Profiled:
Hangzhou Dayangchem
Sagachem
Parchem
Akos consulting and solution
Henan Bon industrial co. ltd.
Evonik Industries
Key Questions Answered
1. How big is the global Performic Acid market?
2. What is the demand of the global Performic Acid market?
3. What is the year over year growth of the global Performic Acid market?
4. What is the production and production value of the global Performic Acid market?
5. Who are the key producers in the global Performic Acid market?
Table of Contents
1 Supply Summary
1.1 Performic Acid Introduction
1.2 World Performic Acid Supply & Forecast
1.2.1 World Performic Acid Production Value (2019 & 2023 & 2030)
1.2.2 World Performic Acid Production (2019-2030)
1.2.3 World Performic Acid Pricing Trends (2019-2030)
1.3 World Performic Acid Production by Region (Based on Production Site)
1.3.1 World Performic Acid Production Value by Region (2019-2030)
1.3.2 World Performic Acid Production by Region (2019-2030)
1.3.3 World Performic Acid Average Price by Region (2019-2030)
1.3.4 North America Performic Acid Production (2019-2030)
1.3.5 Europe Performic Acid Production (2019-2030)
1.3.6 China Performic Acid Production (2019-2030)
1.3.7 Japan Performic Acid Production (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 Performic Acid Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Performic Acid Major Market Trends
2.1 World Performic Acid Demand (2019-2030)
2.2 World Performic Acid Consumption by Region
2.2.1 World Performic Acid Consumption by Region (2019-2024)
2.2.2 World Performic Acid Consumption Forecast by Region (2025-2030)
2.3 United States Performic Acid Consumption (2019-2030)
2.4 China Performic Acid Consumption (2019-2030)
2.5 Europe Performic Acid Consumption (2019-2030)
2.6 Japan Performic Acid Consumption (2019-2030)
2.7 South Korea Performic Acid Consumption (2019-2030)
2.8 ASEAN Performic Acid Consumption (2019-2030)
2.9 India Performic Acid Consumption (2019-2030)
3.1 World Performic Acid Production Value by Manufacturer (2019-2024)
3.2 World Performic Acid Production by Manufacturer (2019-2024)
3.3 World Performic Acid Average Price by Manufacturer (2019-2024)
3.4 Performic Acid Company Evaluation Quadrant
3.5 Industry Rank and Concentration Rate (CR)
3.5.1 Global Performic Acid Industry Rank of Major Manufacturers
3.5.2 Global Concentration Ratios (CR4) for Performic Acid in 2023
3.5.3 Global Concentration Ratios (CR8) for Performic Acid in 2023
3.6 Performic Acid Market: Overall Company Footprint Analysis
3.6.1 Performic Acid Market: Region Footprint
3.6.2 Performic Acid Market: Company Product Type Footprint
3.6.3 Performic Acid 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
4.1 United States VS China: Performic Acid Production Value Comparison
4.1.1 United States VS China: Performic Acid Production Value Comparison (2019 & 2023 & 2030)
4.1.2 United States VS China: Performic Acid Production Value Market Share Comparison (2019 & 2023 & 2030)
4.2 United States VS China: Performic Acid Production Comparison
4.2.1 United States VS China: Performic Acid Production Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: Performic Acid Production Market Share Comparison (2019 & 2023 & 2030)
4.3 United States VS China: Performic Acid Consumption Comparison
4.3.1 United States VS China: Performic Acid Consumption Comparison (2019 & 2023 & 2030)
4.3.2 United States VS China: Performic Acid Consumption Market Share Comparison (2019 & 2023 & 2030)
4.4 United States Based Performic Acid Manufacturers and Market Share, 2019-2024
4.4.1 United States Based Performic Acid Manufacturers, Headquarters and Production Site (States, Country)
4.4.2 United States Based Manufacturers Performic Acid Production Value (2019-2024)
4.4.3 United States Based Manufacturers Performic Acid Production (2019-2024)
4.5 China Based Performic Acid Manufacturers and Market Share
4.5.1 China Based Performic Acid Manufacturers, Headquarters and Production Site (Province, Country)
4.5.2 China Based Manufacturers Performic Acid Production Value (2019-2024)
4.5.3 China Based Manufacturers Performic Acid Production (2019-2024)
4.6 Rest of World Based Performic Acid Manufacturers and Market Share, 2019-2024
4.6.1 Rest of World Based Performic Acid Manufacturers, Headquarters and Production Site (State, Country)
4.6.2 Rest of World Based Manufacturers Performic Acid Production Value (2019-2024)
4.6.3 Rest of World Based Manufacturers Performic Acid Production (2019-2024)
5.1 World Performic Acid Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Industrial Grade
5.2.2 Medical Grade
5.2.3 Food Grade
5.3 Market Segment by Type
5.3.1 World Performic Acid Production by Type (2019-2030)
5.3.2 World Performic Acid Production Value by Type (2019-2030)
5.3.3 World Performic Acid Average Price by Type (2019-2030)
6.1 World Performic Acid Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Food Industry
6.2.2 Medical industry
6.2.3 Water treatment
6.2.4 Paper and Pulp
6.2.5 Others
6.3 Market Segment by Application
6.3.1 World Performic Acid Production by Application (2019-2030)
6.3.2 World Performic Acid Production Value by Application (2019-2030)
6.3.3 World Performic Acid Average Price by Application (2019-2030)
7.1 Hangzhou Dayangchem
7.1.1 Hangzhou Dayangchem Details
7.1.2 Hangzhou Dayangchem Major Business
7.1.3 Hangzhou Dayangchem Performic Acid Product and Services
7.1.4 Hangzhou Dayangchem Performic Acid Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.1.5 Hangzhou Dayangchem Recent Developments/Updates
7.1.6 Hangzhou Dayangchem Competitive Strengths & Weaknesses
7.2 Sagachem
7.2.1 Sagachem Details
7.2.2 Sagachem Major Business
7.2.3 Sagachem Performic Acid Product and Services
7.2.4 Sagachem Performic Acid Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.2.5 Sagachem Recent Developments/Updates
7.2.6 Sagachem Competitive Strengths & Weaknesses
7.3 Parchem
7.3.1 Parchem Details
7.3.2 Parchem Major Business
7.3.3 Parchem Performic Acid Product and Services
7.3.4 Parchem Performic Acid Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.3.5 Parchem Recent Developments/Updates
7.3.6 Parchem Competitive Strengths & Weaknesses
7.4 Akos consulting and solution
7.4.1 Akos consulting and solution Details
7.4.2 Akos consulting and solution Major Business
7.4.3 Akos consulting and solution Performic Acid Product and Services
7.4.4 Akos consulting and solution Performic Acid Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.4.5 Akos consulting and solution Recent Developments/Updates
7.4.6 Akos consulting and solution Competitive Strengths & Weaknesses
7.5 Henan Bon industrial co. ltd.
7.5.1 Henan Bon industrial co. ltd. Details
7.5.2 Henan Bon industrial co. ltd. Major Business
7.5.3 Henan Bon industrial co. ltd. Performic Acid Product and Services
7.5.4 Henan Bon industrial co. ltd. Performic Acid Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.5.5 Henan Bon industrial co. ltd. Recent Developments/Updates
7.5.6 Henan Bon industrial co. ltd. Competitive Strengths & Weaknesses
7.6 Evonik Industries
7.6.1 Evonik Industries Details
7.6.2 Evonik Industries Major Business
7.6.3 Evonik Industries Performic Acid Product and Services
7.6.4 Evonik Industries Performic Acid Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.6.5 Evonik Industries Recent Developments/Updates
7.6.6 Evonik Industries Competitive Strengths & Weaknesses
8.1 Performic Acid Industry Chain
8.2 Performic Acid Upstream Analysis
8.2.1 Performic Acid Core Raw Materials
8.2.2 Main Manufacturers of Performic Acid Core Raw Materials
8.3 Midstream Analysis
8.4 Downstream Analysis
8.5 Performic Acid Production Mode
8.6 Performic Acid Procurement Model
8.7 Performic Acid Industry Sales Model and Sales Channels
8.7.1 Performic Acid Sales Model
8.7.2 Performic Acid Typical Customers
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
Table of Figures
List of Tables
Table 1. World Performic Acid Production Value by Region (2019, 2023 and 2030) & (USD Million)
Table 2. World Performic Acid Production Value by Region (2019-2024) & (USD Million)
Table 3. World Performic Acid Production Value by Region (2025-2030) & (USD Million)
Table 4. World Performic Acid Production Value Market Share by Region (2019-2024)
Table 5. World Performic Acid Production Value Market Share by Region (2025-2030)
Table 6. World Performic Acid Production by Region (2019-2024) & (Kiloton)
Table 7. World Performic Acid Production by Region (2025-2030) & (Kiloton)
Table 8. World Performic Acid Production Market Share by Region (2019-2024)
Table 9. World Performic Acid Production Market Share by Region (2025-2030)
Table 10. World Performic Acid Average Price by Region (2019-2024) & (US$/Ton)
Table 11. World Performic Acid Average Price by Region (2025-2030) & (US$/Ton)
Table 12. Performic Acid Major Market Trends
Table 13. World Performic Acid Consumption Growth Rate Forecast by Region (2019 & 2023 & 2030) & (Kiloton)
Table 14. World Performic Acid Consumption by Region (2019-2024) & (Kiloton)
Table 15. World Performic Acid Consumption Forecast by Region (2025-2030) & (Kiloton)
Table 16. World Performic Acid Production Value by Manufacturer (2019-2024) & (USD Million)
Table 17. Production Value Market Share of Key Performic Acid Producers in 2023
Table 18. World Performic Acid Production by Manufacturer (2019-2024) & (Kiloton)
Table 19. Production Market Share of Key Performic Acid Producers in 2023
Table 20. World Performic Acid Average Price by Manufacturer (2019-2024) & (US$/Ton)
Table 21. Global Performic Acid Company Evaluation Quadrant
Table 22. World Performic Acid Industry Rank of Major Manufacturers, Based on Production Value in 2023
Table 23. Head Office and Performic Acid Production Site of Key Manufacturer
Table 24. Performic Acid Market: Company Product Type Footprint
Table 25. Performic Acid Market: Company Product Application Footprint
Table 26. Performic Acid Competitive Factors
Table 27. Performic Acid New Entrant and Capacity Expansion Plans
Table 28. Performic Acid Mergers & Acquisitions Activity
Table 29. United States VS China Performic Acid Production Value Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 30. United States VS China Performic Acid Production Comparison, (2019 & 2023 & 2030) & (Kiloton)
Table 31. United States VS China Performic Acid Consumption Comparison, (2019 & 2023 & 2030) & (Kiloton)
Table 32. United States Based Performic Acid Manufacturers, Headquarters and Production Site (States, Country)
Table 33. United States Based Manufacturers Performic Acid Production Value, (2019-2024) & (USD Million)
Table 34. United States Based Manufacturers Performic Acid Production Value Market Share (2019-2024)
Table 35. United States Based Manufacturers Performic Acid Production (2019-2024) & (Kiloton)
Table 36. United States Based Manufacturers Performic Acid Production Market Share (2019-2024)
Table 37. China Based Performic Acid Manufacturers, Headquarters and Production Site (Province, Country)
Table 38. China Based Manufacturers Performic Acid Production Value, (2019-2024) & (USD Million)
Table 39. China Based Manufacturers Performic Acid Production Value Market Share (2019-2024)
Table 40. China Based Manufacturers Performic Acid Production (2019-2024) & (Kiloton)
Table 41. China Based Manufacturers Performic Acid Production Market Share (2019-2024)
Table 42. Rest of World Based Performic Acid Manufacturers, Headquarters and Production Site (States, Country)
Table 43. Rest of World Based Manufacturers Performic Acid Production Value, (2019-2024) & (USD Million)
Table 44. Rest of World Based Manufacturers Performic Acid Production Value Market Share (2019-2024)
Table 45. Rest of World Based Manufacturers Performic Acid Production (2019-2024) & (Kiloton)
Table 46. Rest of World Based Manufacturers Performic Acid Production Market Share (2019-2024)
Table 47. World Performic Acid Production Value by Type, (USD Million), 2019 & 2023 & 2030
Table 48. World Performic Acid Production by Type (2019-2024) & (Kiloton)
Table 49. World Performic Acid Production by Type (2025-2030) & (Kiloton)
Table 50. World Performic Acid Production Value by Type (2019-2024) & (USD Million)
Table 51. World Performic Acid Production Value by Type (2025-2030) & (USD Million)
Table 52. World Performic Acid Average Price by Type (2019-2024) & (US$/Ton)
Table 53. World Performic Acid Average Price by Type (2025-2030) & (US$/Ton)
Table 54. World Performic Acid Production Value by Application, (USD Million), 2019 & 2023 & 2030
Table 55. World Performic Acid Production by Application (2019-2024) & (Kiloton)
Table 56. World Performic Acid Production by Application (2025-2030) & (Kiloton)
Table 57. World Performic Acid Production Value by Application (2019-2024) & (USD Million)
Table 58. World Performic Acid Production Value by Application (2025-2030) & (USD Million)
Table 59. World Performic Acid Average Price by Application (2019-2024) & (US$/Ton)
Table 60. World Performic Acid Average Price by Application (2025-2030) & (US$/Ton)
Table 61. Hangzhou Dayangchem Basic Information, Manufacturing Base and Competitors
Table 62. Hangzhou Dayangchem Major Business
Table 63. Hangzhou Dayangchem Performic Acid Product and Services
Table 64. Hangzhou Dayangchem Performic Acid Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 65. Hangzhou Dayangchem Recent Developments/Updates
Table 66. Hangzhou Dayangchem Competitive Strengths & Weaknesses
Table 67. Sagachem Basic Information, Manufacturing Base and Competitors
Table 68. Sagachem Major Business
Table 69. Sagachem Performic Acid Product and Services
Table 70. Sagachem Performic Acid Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 71. Sagachem Recent Developments/Updates
Table 72. Sagachem Competitive Strengths & Weaknesses
Table 73. Parchem Basic Information, Manufacturing Base and Competitors
Table 74. Parchem Major Business
Table 75. Parchem Performic Acid Product and Services
Table 76. Parchem Performic Acid Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 77. Parchem Recent Developments/Updates
Table 78. Parchem Competitive Strengths & Weaknesses
Table 79. Akos consulting and solution Basic Information, Manufacturing Base and Competitors
Table 80. Akos consulting and solution Major Business
Table 81. Akos consulting and solution Performic Acid Product and Services
Table 82. Akos consulting and solution Performic Acid Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 83. Akos consulting and solution Recent Developments/Updates
Table 84. Akos consulting and solution Competitive Strengths & Weaknesses
Table 85. Henan Bon industrial co. ltd. Basic Information, Manufacturing Base and Competitors
Table 86. Henan Bon industrial co. ltd. Major Business
Table 87. Henan Bon industrial co. ltd. Performic Acid Product and Services
Table 88. Henan Bon industrial co. ltd. Performic Acid Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 89. Henan Bon industrial co. ltd. Recent Developments/Updates
Table 90. Evonik Industries Basic Information, Manufacturing Base and Competitors
Table 91. Evonik Industries Major Business
Table 92. Evonik Industries Performic Acid Product and Services
Table 93. Evonik Industries Performic Acid Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 94. Global Key Players of Performic Acid Upstream (Raw Materials)
Table 95. Performic Acid Typical Customers
Table 96. Performic Acid Typical Distributors
List of Figure
Figure 1. Performic Acid Picture
Figure 2. World Performic Acid Production Value: 2019 & 2023 & 2030, (USD Million)
Figure 3. World Performic Acid Production Value and Forecast (2019-2030) & (USD Million)
Figure 4. World Performic Acid Production (2019-2030) & (Kiloton)
Figure 5. World Performic Acid Average Price (2019-2030) & (US$/Ton)
Figure 6. World Performic Acid Production Value Market Share by Region (2019-2030)
Figure 7. World Performic Acid Production Market Share by Region (2019-2030)
Figure 8. North America Performic Acid Production (2019-2030) & (Kiloton)
Figure 9. Europe Performic Acid Production (2019-2030) & (Kiloton)
Figure 10. China Performic Acid Production (2019-2030) & (Kiloton)
Figure 11. Japan Performic Acid Production (2019-2030) & (Kiloton)
Figure 12. Performic Acid Market Drivers
Figure 13. Factors Affecting Demand
Figure 14. World Performic Acid Consumption (2019-2030) & (Kiloton)
Figure 15. World Performic Acid Consumption Market Share by Region (2019-2030)
Figure 16. United States Performic Acid Consumption (2019-2030) & (Kiloton)
Figure 17. China Performic Acid Consumption (2019-2030) & (Kiloton)
Figure 18. Europe Performic Acid Consumption (2019-2030) & (Kiloton)
Figure 19. Japan Performic Acid Consumption (2019-2030) & (Kiloton)
Figure 20. South Korea Performic Acid Consumption (2019-2030) & (Kiloton)
Figure 21. ASEAN Performic Acid Consumption (2019-2030) & (Kiloton)
Figure 22. India Performic Acid Consumption (2019-2030) & (Kiloton)
Figure 23. Producer Shipments of Performic Acid by Manufacturer Revenue ($MM) and Market Share (%): 2023
Figure 24. Global Four-firm Concentration Ratios (CR4) for Performic Acid Markets in 2023
Figure 25. Global Four-firm Concentration Ratios (CR8) for Performic Acid Markets in 2023
Figure 26. United States VS China: Performic Acid Production Value Market Share Comparison (2019 & 2023 & 2030)
Figure 27. United States VS China: Performic Acid Production Market Share Comparison (2019 & 2023 & 2030)
Figure 28. United States VS China: Performic Acid Consumption Market Share Comparison (2019 & 2023 & 2030)
Figure 29. United States Based Manufacturers Performic Acid Production Market Share 2023
Figure 30. China Based Manufacturers Performic Acid Production Market Share 2023
Figure 31. Rest of World Based Manufacturers Performic Acid Production Market Share 2023
Figure 32. World Performic Acid Production Value by Type, (USD Million), 2019 & 2023 & 2030
Figure 33. World Performic Acid Production Value Market Share by Type in 2023
Figure 34. Industrial Grade
Figure 35. Medical Grade
Figure 36. Food Grade
Figure 37. World Performic Acid Production Market Share by Type (2019-2030)
Figure 38. World Performic Acid Production Value Market Share by Type (2019-2030)
Figure 39. World Performic Acid Average Price by Type (2019-2030) & (US$/Ton)
Figure 40. World Performic Acid Production Value by Application, (USD Million), 2019 & 2023 & 2030
Figure 41. World Performic Acid Production Value Market Share by Application in 2023
Figure 42. Food Industry
Figure 43. Medical industry
Figure 44. Water treatment
Figure 45. Paper and Pulp
Figure 46. Others
Figure 47. World Performic Acid Production Market Share by Application (2019-2030)
Figure 48. World Performic Acid Production Value Market Share by Application (2019-2030)
Figure 49. World Performic Acid Average Price by Application (2019-2030) & (US$/Ton)
Figure 50. Performic Acid Industry Chain
Figure 51. Performic Acid Procurement Model
Figure 52. Performic Acid Sales Model
Figure 53. Performic Acid Sales Channels, Direct Sales, and Distribution
Figure 54. Methodology
Figure 55. 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
Hangzhou Dayangchem Sagachem Parchem Akos consulting and solution Henan Bon industrial co. ltd. Evonik Industries
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