Global Methionine Supply, Demand and Key Producers, 2024-2030
Page: 111
Published Date: 19 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 Methionine market size is expected to reach $ 8864.4 million by 2030, rising at a market growth of 3.8% CAGR during the forecast period (2024-2030).
Global Methionine key players include Evonik, Adisseo (Bluestar), NOVUS, etc. Global top three manufacturers hold a share nearly 75%.
Europe is the largest market, with a share over 40%, followed by Japan, and North America, both have a share about 35 percent.
In terms of product, Solid Methionine is the largest segment, with a share about 75%. And in terms of application, the largest application is Feed Additive, followed by Pharmaceutical, Food Supplement, etc.
Methionine is a protein-based amino acid and lipotropic compound that helps with metabolism and breaks down fat. It contains an α-amino group, an α-carboxylic acid group and an S-methyl thioether side chain. Methionine is classed as an essential amino acid and cannot be synthesized by the body itself.
This report studies the global Methionine production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Methionine, 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 Methionine that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Methionine total production and demand, 2019-2030, (K Tonnes)
Global Methionine total production value, 2019-2030, (USD Million)
Global Methionine production by region & country, production, value, CAGR, 2019-2030, (USD Million) & (K Tonnes)
Global Methionine consumption by region & country, CAGR, 2019-2030 & (K Tonnes)
U.S. VS China: Methionine domestic production, consumption, key domestic manufacturers and share
Global Methionine production by manufacturer, production, price, value and market share 2019-2024, (USD Million) & (K Tonnes)
Global Methionine production by Type, production, value, CAGR, 2019-2030, (USD Million) & (K Tonnes)
Global Methionine production by Application production, value, CAGR, 2019-2030, (USD Million) & (K Tonnes).
This reports profiles key players in the global Methionine 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 Evonik, Adisseo (Bluestar), NOVUS, Sumitomo Chemical, CJ Cheiljedang Corp, Chongqing Unisplendour Chemical and Sichuan Hebang, 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 Methionine market.
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Tonnes) and average price (USD/Tonne) 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 Methionine Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Methionine Market, Segmentation by Type
Solid Methionine
Liquid Methionine
Global Methionine Market, Segmentation by Application
Feed
Pharmaceutical
Food
Others
Companies Profiled:
Evonik
Adisseo (Bluestar)
NOVUS
Sumitomo Chemical
CJ Cheiljedang Corp
Chongqing Unisplendour Chemical
Sichuan Hebang
Key Questions Answered
1. How big is the global Methionine market?
2. What is the demand of the global Methionine market?
3. What is the year over year growth of the global Methionine market?
4. What is the production and production value of the global Methionine market?
5. Who are the key producers in the global Methionine market?
Table of Contents
1 Supply Summary
1.1 Methionine Introduction
1.2 World Methionine Supply & Forecast
1.2.1 World Methionine Production Value (2019 & 2023 & 2030)
1.2.2 World Methionine Production (2019-2030)
1.2.3 World Methionine Pricing Trends (2019-2030)
1.3 World Methionine Production by Region (Based on Production Site)
1.3.1 World Methionine Production Value by Region (2019-2030)
1.3.2 World Methionine Production by Region (2019-2030)
1.3.3 World Methionine Average Price by Region (2019-2030)
1.3.4 North America Methionine Production (2019-2030)
1.3.5 Europe Methionine Production (2019-2030)
1.3.6 China Methionine Production (2019-2030)
1.3.7 Japan Methionine Production (2019-2030)
1.3.8 South Korea Methionine Production (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 Methionine Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Methionine Major Market Trends
2.1 World Methionine Demand (2019-2030)
2.2 World Methionine Consumption by Region
2.2.1 World Methionine Consumption by Region (2019-2024)
2.2.2 World Methionine Consumption Forecast by Region (2025-2030)
2.3 United States Methionine Consumption (2019-2030)
2.4 China Methionine Consumption (2019-2030)
2.5 Europe Methionine Consumption (2019-2030)
2.6 Japan Methionine Consumption (2019-2030)
2.7 South Korea Methionine Consumption (2019-2030)
2.8 ASEAN Methionine Consumption (2019-2030)
2.9 India Methionine Consumption (2019-2030)
3.1 World Methionine Production Value by Manufacturer (2019-2024)
3.2 World Methionine Production by Manufacturer (2019-2024)
3.3 World Methionine Average Price by Manufacturer (2019-2024)
3.4 Methionine Company Evaluation Quadrant
3.5 Industry Rank and Concentration Rate (CR)
3.5.1 Global Methionine Industry Rank of Major Manufacturers
3.5.2 Global Concentration Ratios (CR4) for Methionine in 2023
3.5.3 Global Concentration Ratios (CR8) for Methionine in 2023
3.6 Methionine Market: Overall Company Footprint Analysis
3.6.1 Methionine Market: Region Footprint
3.6.2 Methionine Market: Company Product Type Footprint
3.6.3 Methionine 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: Methionine Production Value Comparison
4.1.1 United States VS China: Methionine Production Value Comparison (2019 & 2023 & 2030)
4.1.2 United States VS China: Methionine Production Value Market Share Comparison (2019 & 2023 & 2030)
4.2 United States VS China: Methionine Production Comparison
4.2.1 United States VS China: Methionine Production Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: Methionine Production Market Share Comparison (2019 & 2023 & 2030)
4.3 United States VS China: Methionine Consumption Comparison
4.3.1 United States VS China: Methionine Consumption Comparison (2019 & 2023 & 2030)
4.3.2 United States VS China: Methionine Consumption Market Share Comparison (2019 & 2023 & 2030)
4.4 United States Based Methionine Manufacturers and Market Share, 2019-2024
4.4.1 United States Based Methionine Manufacturers, Headquarters and Production Site (States, Country)
4.4.2 United States Based Manufacturers Methionine Production Value (2019-2024)
4.4.3 United States Based Manufacturers Methionine Production (2019-2024)
4.5 China Based Methionine Manufacturers and Market Share
4.5.1 China Based Methionine Manufacturers, Headquarters and Production Site (Province, Country)
4.5.2 China Based Manufacturers Methionine Production Value (2019-2024)
4.5.3 China Based Manufacturers Methionine Production (2019-2024)
4.6 Rest of World Based Methionine Manufacturers and Market Share, 2019-2024
4.6.1 Rest of World Based Methionine Manufacturers, Headquarters and Production Site (State, Country)
4.6.2 Rest of World Based Manufacturers Methionine Production Value (2019-2024)
4.6.3 Rest of World Based Manufacturers Methionine Production (2019-2024)
5.1 World Methionine Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Solid Methionine
5.2.2 Liquid Methionine
5.3 Market Segment by Type
5.3.1 World Methionine Production by Type (2019-2030)
5.3.2 World Methionine Production Value by Type (2019-2030)
5.3.3 World Methionine Average Price by Type (2019-2030)
6.1 World Methionine Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Feed
6.2.2 Pharmaceutical
6.2.3 Food
6.2.4 Others
6.3 Market Segment by Application
6.3.1 World Methionine Production by Application (2019-2030)
6.3.2 World Methionine Production Value by Application (2019-2030)
6.3.3 World Methionine Average Price by Application (2019-2030)
7.1 Evonik
7.1.1 Evonik Details
7.1.2 Evonik Major Business
7.1.3 Evonik Methionine Product and Services
7.1.4 Evonik Methionine Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.1.5 Evonik Recent Developments/Updates
7.1.6 Evonik Competitive Strengths & Weaknesses
7.2 Adisseo (Bluestar)
7.2.1 Adisseo (Bluestar) Details
7.2.2 Adisseo (Bluestar) Major Business
7.2.3 Adisseo (Bluestar) Methionine Product and Services
7.2.4 Adisseo (Bluestar) Methionine Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.2.5 Adisseo (Bluestar) Recent Developments/Updates
7.2.6 Adisseo (Bluestar) Competitive Strengths & Weaknesses
7.3 NOVUS
7.3.1 NOVUS Details
7.3.2 NOVUS Major Business
7.3.3 NOVUS Methionine Product and Services
7.3.4 NOVUS Methionine Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.3.5 NOVUS Recent Developments/Updates
7.3.6 NOVUS Competitive Strengths & Weaknesses
7.4 Sumitomo Chemical
7.4.1 Sumitomo Chemical Details
7.4.2 Sumitomo Chemical Major Business
7.4.3 Sumitomo Chemical Methionine Product and Services
7.4.4 Sumitomo Chemical Methionine Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.4.5 Sumitomo Chemical Recent Developments/Updates
7.4.6 Sumitomo Chemical Competitive Strengths & Weaknesses
7.5 CJ Cheiljedang Corp
7.5.1 CJ Cheiljedang Corp Details
7.5.2 CJ Cheiljedang Corp Major Business
7.5.3 CJ Cheiljedang Corp Methionine Product and Services
7.5.4 CJ Cheiljedang Corp Methionine Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.5.5 CJ Cheiljedang Corp Recent Developments/Updates
7.5.6 CJ Cheiljedang Corp Competitive Strengths & Weaknesses
7.6 Chongqing Unisplendour Chemical
7.6.1 Chongqing Unisplendour Chemical Details
7.6.2 Chongqing Unisplendour Chemical Major Business
7.6.3 Chongqing Unisplendour Chemical Methionine Product and Services
7.6.4 Chongqing Unisplendour Chemical Methionine Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.6.5 Chongqing Unisplendour Chemical Recent Developments/Updates
7.6.6 Chongqing Unisplendour Chemical Competitive Strengths & Weaknesses
7.7 Sichuan Hebang
7.7.1 Sichuan Hebang Details
7.7.2 Sichuan Hebang Major Business
7.7.3 Sichuan Hebang Methionine Product and Services
7.7.4 Sichuan Hebang Methionine Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.7.5 Sichuan Hebang Recent Developments/Updates
7.7.6 Sichuan Hebang Competitive Strengths & Weaknesses
8.1 Methionine Industry Chain
8.2 Methionine Upstream Analysis
8.2.1 Methionine Core Raw Materials
8.2.2 Main Manufacturers of Methionine Core Raw Materials
8.3 Midstream Analysis
8.4 Downstream Analysis
8.5 Methionine Production Mode
8.6 Methionine Procurement Model
8.7 Methionine Industry Sales Model and Sales Channels
8.7.1 Methionine Sales Model
8.7.2 Methionine Typical Customers
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
Table of Figures
List of Tables
Table 1. World Methionine Production Value by Region (2019, 2023 and 2030) & (USD Million)
Table 2. World Methionine Production Value by Region (2019-2024) & (USD Million)
Table 3. World Methionine Production Value by Region (2025-2030) & (USD Million)
Table 4. World Methionine Production Value Market Share by Region (2019-2024)
Table 5. World Methionine Production Value Market Share by Region (2025-2030)
Table 6. World Methionine Production by Region (2019-2024) & (K Tonnes)
Table 7. World Methionine Production by Region (2025-2030) & (K Tonnes)
Table 8. World Methionine Production Market Share by Region (2019-2024)
Table 9. World Methionine Production Market Share by Region (2025-2030)
Table 10. World Methionine Average Price by Region (2019-2024) & (USD/Tonne)
Table 11. World Methionine Average Price by Region (2025-2030) & (USD/Tonne)
Table 12. Methionine Major Market Trends
Table 13. World Methionine Consumption Growth Rate Forecast by Region (2019 & 2023 & 2030) & (K Tonnes)
Table 14. World Methionine Consumption by Region (2019-2024) & (K Tonnes)
Table 15. World Methionine Consumption Forecast by Region (2025-2030) & (K Tonnes)
Table 16. World Methionine Production Value by Manufacturer (2019-2024) & (USD Million)
Table 17. Production Value Market Share of Key Methionine Producers in 2023
Table 18. World Methionine Production by Manufacturer (2019-2024) & (K Tonnes)
Table 19. Production Market Share of Key Methionine Producers in 2023
Table 20. World Methionine Average Price by Manufacturer (2019-2024) & (USD/Tonne)
Table 21. Global Methionine Company Evaluation Quadrant
Table 22. World Methionine Industry Rank of Major Manufacturers, Based on Production Value in 2023
Table 23. Head Office and Methionine Production Site of Key Manufacturer
Table 24. Methionine Market: Company Product Type Footprint
Table 25. Methionine Market: Company Product Application Footprint
Table 26. Methionine Competitive Factors
Table 27. Methionine New Entrant and Capacity Expansion Plans
Table 28. Methionine Mergers & Acquisitions Activity
Table 29. United States VS China Methionine Production Value Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 30. United States VS China Methionine Production Comparison, (2019 & 2023 & 2030) & (K Tonnes)
Table 31. United States VS China Methionine Consumption Comparison, (2019 & 2023 & 2030) & (K Tonnes)
Table 32. United States Based Methionine Manufacturers, Headquarters and Production Site (States, Country)
Table 33. United States Based Manufacturers Methionine Production Value, (2019-2024) & (USD Million)
Table 34. United States Based Manufacturers Methionine Production Value Market Share (2019-2024)
Table 35. United States Based Manufacturers Methionine Production (2019-2024) & (K Tonnes)
Table 36. United States Based Manufacturers Methionine Production Market Share (2019-2024)
Table 37. China Based Methionine Manufacturers, Headquarters and Production Site (Province, Country)
Table 38. China Based Manufacturers Methionine Production Value, (2019-2024) & (USD Million)
Table 39. China Based Manufacturers Methionine Production Value Market Share (2019-2024)
Table 40. China Based Manufacturers Methionine Production (2019-2024) & (K Tonnes)
Table 41. China Based Manufacturers Methionine Production Market Share (2019-2024)
Table 42. Rest of World Based Methionine Manufacturers, Headquarters and Production Site (States, Country)
Table 43. Rest of World Based Manufacturers Methionine Production Value, (2019-2024) & (USD Million)
Table 44. Rest of World Based Manufacturers Methionine Production Value Market Share (2019-2024)
Table 45. Rest of World Based Manufacturers Methionine Production (2019-2024) & (K Tonnes)
Table 46. Rest of World Based Manufacturers Methionine Production Market Share (2019-2024)
Table 47. World Methionine Production Value by Type, (USD Million), 2019 & 2023 & 2030
Table 48. World Methionine Production by Type (2019-2024) & (K Tonnes)
Table 49. World Methionine Production by Type (2025-2030) & (K Tonnes)
Table 50. World Methionine Production Value by Type (2019-2024) & (USD Million)
Table 51. World Methionine Production Value by Type (2025-2030) & (USD Million)
Table 52. World Methionine Average Price by Type (2019-2024) & (USD/Tonne)
Table 53. World Methionine Average Price by Type (2025-2030) & (USD/Tonne)
Table 54. World Methionine Production Value by Application, (USD Million), 2019 & 2023 & 2030
Table 55. World Methionine Production by Application (2019-2024) & (K Tonnes)
Table 56. World Methionine Production by Application (2025-2030) & (K Tonnes)
Table 57. World Methionine Production Value by Application (2019-2024) & (USD Million)
Table 58. World Methionine Production Value by Application (2025-2030) & (USD Million)
Table 59. World Methionine Average Price by Application (2019-2024) & (USD/Tonne)
Table 60. World Methionine Average Price by Application (2025-2030) & (USD/Tonne)
Table 61. Evonik Basic Information, Manufacturing Base and Competitors
Table 62. Evonik Major Business
Table 63. Evonik Methionine Product and Services
Table 64. Evonik Methionine Production (K Tonnes), Price (USD/Tonne), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 65. Evonik Recent Developments/Updates
Table 66. Evonik Competitive Strengths & Weaknesses
Table 67. Adisseo (Bluestar) Basic Information, Manufacturing Base and Competitors
Table 68. Adisseo (Bluestar) Major Business
Table 69. Adisseo (Bluestar) Methionine Product and Services
Table 70. Adisseo (Bluestar) Methionine Production (K Tonnes), Price (USD/Tonne), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 71. Adisseo (Bluestar) Recent Developments/Updates
Table 72. Adisseo (Bluestar) Competitive Strengths & Weaknesses
Table 73. NOVUS Basic Information, Manufacturing Base and Competitors
Table 74. NOVUS Major Business
Table 75. NOVUS Methionine Product and Services
Table 76. NOVUS Methionine Production (K Tonnes), Price (USD/Tonne), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 77. NOVUS Recent Developments/Updates
Table 78. NOVUS Competitive Strengths & Weaknesses
Table 79. Sumitomo Chemical Basic Information, Manufacturing Base and Competitors
Table 80. Sumitomo Chemical Major Business
Table 81. Sumitomo Chemical Methionine Product and Services
Table 82. Sumitomo Chemical Methionine Production (K Tonnes), Price (USD/Tonne), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 83. Sumitomo Chemical Recent Developments/Updates
Table 84. Sumitomo Chemical Competitive Strengths & Weaknesses
Table 85. CJ Cheiljedang Corp Basic Information, Manufacturing Base and Competitors
Table 86. CJ Cheiljedang Corp Major Business
Table 87. CJ Cheiljedang Corp Methionine Product and Services
Table 88. CJ Cheiljedang Corp Methionine Production (K Tonnes), Price (USD/Tonne), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 89. CJ Cheiljedang Corp Recent Developments/Updates
Table 90. CJ Cheiljedang Corp Competitive Strengths & Weaknesses
Table 91. Chongqing Unisplendour Chemical Basic Information, Manufacturing Base and Competitors
Table 92. Chongqing Unisplendour Chemical Major Business
Table 93. Chongqing Unisplendour Chemical Methionine Product and Services
Table 94. Chongqing Unisplendour Chemical Methionine Production (K Tonnes), Price (USD/Tonne), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 95. Chongqing Unisplendour Chemical Recent Developments/Updates
Table 96. Sichuan Hebang Basic Information, Manufacturing Base and Competitors
Table 97. Sichuan Hebang Major Business
Table 98. Sichuan Hebang Methionine Product and Services
Table 99. Sichuan Hebang Methionine Production (K Tonnes), Price (USD/Tonne), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 100. Global Key Players of Methionine Upstream (Raw Materials)
Table 101. Methionine Typical Customers
Table 102. Methionine Typical Distributors
List of Figure
Figure 1. Methionine Picture
Figure 2. World Methionine Production Value: 2019 & 2023 & 2030, (USD Million)
Figure 3. World Methionine Production Value and Forecast (2019-2030) & (USD Million)
Figure 4. World Methionine Production (2019-2030) & (K Tonnes)
Figure 5. World Methionine Average Price (2019-2030) & (USD/Tonne)
Figure 6. World Methionine Production Value Market Share by Region (2019-2030)
Figure 7. World Methionine Production Market Share by Region (2019-2030)
Figure 8. North America Methionine Production (2019-2030) & (K Tonnes)
Figure 9. Europe Methionine Production (2019-2030) & (K Tonnes)
Figure 10. China Methionine Production (2019-2030) & (K Tonnes)
Figure 11. Japan Methionine Production (2019-2030) & (K Tonnes)
Figure 12. South Korea Methionine Production (2019-2030) & (K Tonnes)
Figure 13. Methionine Market Drivers
Figure 14. Factors Affecting Demand
Figure 15. World Methionine Consumption (2019-2030) & (K Tonnes)
Figure 16. World Methionine Consumption Market Share by Region (2019-2030)
Figure 17. United States Methionine Consumption (2019-2030) & (K Tonnes)
Figure 18. China Methionine Consumption (2019-2030) & (K Tonnes)
Figure 19. Europe Methionine Consumption (2019-2030) & (K Tonnes)
Figure 20. Japan Methionine Consumption (2019-2030) & (K Tonnes)
Figure 21. South Korea Methionine Consumption (2019-2030) & (K Tonnes)
Figure 22. ASEAN Methionine Consumption (2019-2030) & (K Tonnes)
Figure 23. India Methionine Consumption (2019-2030) & (K Tonnes)
Figure 24. Producer Shipments of Methionine by Manufacturer Revenue ($MM) and Market Share (%): 2023
Figure 25. Global Four-firm Concentration Ratios (CR4) for Methionine Markets in 2023
Figure 26. Global Four-firm Concentration Ratios (CR8) for Methionine Markets in 2023
Figure 27. United States VS China: Methionine Production Value Market Share Comparison (2019 & 2023 & 2030)
Figure 28. United States VS China: Methionine Production Market Share Comparison (2019 & 2023 & 2030)
Figure 29. United States VS China: Methionine Consumption Market Share Comparison (2019 & 2023 & 2030)
Figure 30. United States Based Manufacturers Methionine Production Market Share 2023
Figure 31. China Based Manufacturers Methionine Production Market Share 2023
Figure 32. Rest of World Based Manufacturers Methionine Production Market Share 2023
Figure 33. World Methionine Production Value by Type, (USD Million), 2019 & 2023 & 2030
Figure 34. World Methionine Production Value Market Share by Type in 2023
Figure 35. Solid Methionine
Figure 36. Liquid Methionine
Figure 37. World Methionine Production Market Share by Type (2019-2030)
Figure 38. World Methionine Production Value Market Share by Type (2019-2030)
Figure 39. World Methionine Average Price by Type (2019-2030) & (USD/Tonne)
Figure 40. World Methionine Production Value by Application, (USD Million), 2019 & 2023 & 2030
Figure 41. World Methionine Production Value Market Share by Application in 2023
Figure 42. Feed
Figure 43. Pharmaceutical
Figure 44. Food
Figure 45. Others
Figure 46. World Methionine Production Market Share by Application (2019-2030)
Figure 47. World Methionine Production Value Market Share by Application (2019-2030)
Figure 48. World Methionine Average Price by Application (2019-2030) & (USD/Tonne)
Figure 49. Methionine Industry Chain
Figure 50. Methionine Procurement Model
Figure 51. Methionine Sales Model
Figure 52. Methionine Sales Channels, Direct Sales, and Distribution
Figure 53. Methodology
Figure 54. 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
Evonik Adisseo (Bluestar) NOVUS Sumitomo Chemical CJ Cheiljedang Corp Chongqing Unisplendour Chemical Sichuan Hebang
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