Glycols Market by Product and Application - Global Industry Analysis and Forecast to 2023

Published On : April 2018 Pages : 90 Category: Advanced Materials Report Code : CM04696

The Glycols Market was worth USD 25.56 billion in 2014 and is expected to reach approximately USD 44.03 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 6.23% during the forecast period. The product derivatives are used to make engine antifreeze and coolant products predominately used in automotive and HVAC systems. The developing interest crosswise over key end-use ventures are required to the expansion the usage of glycols around the globe. Ethylene glycol can be used for applications that require synthetic intermediates for freezing point depression, chemical intermediates, humectants, resins, solvent couplers, and other solvents. These applications are imperative to composing an expansive scope of products, including automotive coolants, deicing fluids, resins and antifreeze.

Product Outlook and Trend Analysis

Ethylene glycol ruled the product fragment, representing more than 83% of aggregate market in 2015. It is blended with water in a particular focus to modify thickness and fluctuates with the percent of the ethane-1,2-diol and the temperature of the liquid. Raw material required to fabricate the product is easily accessible; thus it finds numerous specialty applications in textile and pharmaceuticals businesses.

Application Outlook and Trend Analysis

HVAC applications ruled the market in 2015 and represented more than 21% of the general business, inferable from its expansive glycol use of in warming and cooling systems, for example, electrolytic capacitors, inhibitors, and heat transfer fluids. Developing demand for high calibre and bio-based product in the production of antifreeze and coolant is foreseen to support the product usage in automotive applications.

Regional Outlook and Trend Analysis

Asia Pacific represented more than 43% of aggregate volume in 2015 and is foreseen to command the worldwide request in the following years. Rising requirement in nations, for example, Indonesia, India, Vietnam, Thailand, and India is expected to drive the usage in the territorial market. Developing polyester fibre creation for assembling materials and PET is foreseen to drastically advance market entrance.

Competitive Insights

The leading players in the market are SABIC, BASF, Reliance Industries, Royal Dutch Shell, DuPont, Dow Chemical Company, AkzoNobel and HUNTSMAN INTERNATIONAL LLC. Extensions and mergers are the essential business systems embraced by worldwide players to expand its assembling limit and buyer base. The development of one of a unique products and innovative progressions to enhance effectiveness and quality are a portion of the key methodologies actualized by organizations to build share and manage the opposition.

The Glycols Market is segmented as follows-

By Product:

  • Propylene Glycol
  • Ethylene Glycol
    • Mono-ethylene glycol
    • Di-ethylene glycol
    • Tri-ethylene glycol

By Application:

  • HVAC
  • Airline
  • Pipeline Maintenance
  • Food & Beverage Processing
  • Automotive
  • Textiles
  • Medical
  • Polyester Fibers & resin
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico

 

  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe

 

  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • India
    • Southeast Asia
    • Rest of Asia-Pacific

 

  • South America
    • Brazil
    • Argentina
    • Columbia
    • South Africa
    • Rest of South America

 

  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • Nigeria
    • South Africa
    • Rest of MEA

Some of the key questions answered by the report are:

  • What was the market size in 2014 and forecast from 2015 to 2023?
  • What will be the industry market growth from 2015 to 2023?
  • What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
  • What are the major segments leading the market growth and why?
  • Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?

 

Market Classification

·         Glycols Market, By Application, Estimates and Forecast, 2014-2023 ($Million)

·         Automotive

·         HVAC

·         Textiles

·         Airline

·         Medical

·         Pipeline Maintenance

·         Polyester Fibers & resin

·         Food & Beverage Processing

·         Other Applications

·         Glycols Market, By Product, Estimates and Forecast, 2014-2023 ($Million)

·         Ethylene Glycol

o    Mono-ethylene glycol

o    Di-ethylene glycol

o    Tri-ethylene glycol

·         Propylene Glycol

·         Glycols Market, By Region, Estimates and Forecast, 2014-2023 ($Million)

·         North America

§  North America  Glycols Market, By Country

§  North America  Glycols Market, By Application

§  North America  Glycols Market, By Product

o    U.S.  Glycols Market, By Application

o    U.S. Glycols Market, By Product

o    Canada  Glycols Market, By Application

o    Canada  Glycols Market, By Product

o    Mexico  Glycols Market, By Application

o    Mexico  Glycols Market, By Product

·         Europe

§  Europe Glycols Market, By Country

§  Europe Glycols Market, By Application

§  Europe Glycols Market, By Product

o    Germany  Glycols Market, By Application

o    Germany  Glycols Market, By Product

o    France Glycols Market, By Application

o    France Glycols Market, By Product

o    UK   Glycols Market, By Application

o    UK   Glycols Market, By Product

o    Italy   Glycols Market, By Application

o    Italy   Glycols Market, By Product

o    Spain   Glycols Market, By Application

o    Spain   Glycols Market, By Product

o    Rest of Europe   Glycols Market, By Application

o    Rest of Europe   Glycols Market, By Product

·         Asia-Pacific

§  Asia-Pacific   Glycols Market, By Country

§  Asia-Pacific   Glycols Market, By Application

§  Asia-Pacific   Glycols Market, By Product

o    Japan   Glycols Market, By Application

o    Japan   Glycols Market, By Product

o    Australia   Glycols Market, By Application

o    Australia   Glycols Market, By Product

o    India   Glycols Market, By Application

o    India   Glycols Market, By Product

o    South Korea   Glycols Market, By Application

o    South Korea   Glycols Market, By Product

o    Rest of Asia-Pacific   Glycols Market, By Application

o    Rest of Asia-Pacific   Glycols Market, By Product

·         Rest of the World

§  Rest of the World   Glycols Market, By Country

§  Rest of the World   Glycols Market, By Application

§  Rest of the World   Glycols Market, By Product

o    Brazil   Glycols Market, By Application

o    Brazil   Glycols Market, By Product

o    South Africa   Glycols Market, By Application

o    South Africa   Glycols Market, By Product

o    Saudi Arabia   Glycols Market, By Application

o    Saudi Arabia   Glycols Market, By Product

o    Turkey   Glycols Market, By Application

o    Turkey   Glycols Market, By Product

o    United Arab Emirates   Glycols Market, By Application

o    United Arab Emirates   Glycols Market, By Product

o    Others   Glycols Market, By Application

o    Others   Glycols Market, By Product

Table of Contents

1.       Introduction

1.1.       Report Description

1.2.       Research Methodology

2.       Executive Summary

2.1.       Key Highlights

3.       Market Overview

3.1.       Introduction

3.1.1.  Market Definition

3.1.2.  Market Segmentation

3.2.       Market Dynamics

3.2.1.  Drivers

3.2.2.  Restraints

3.2.3.  Opportunities

3.2.3.1.    Emerging Markets to Offer Lucrative Growth Opportunities

4.       Market Analysis by Regions

4.1.       North America (United States, Canada and Mexico)

4.1.1.  United States Market States and Outlook (2014-2023)

4.1.2.  Canada Market States and Outlook (2014-2023)

4.1.3.  Mexico Market States and Outlook (2014-2023)

4.2.       Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

4.2.1.  Germany Market States and Outlook (2014-2023)

4.2.2.  France Market States and Outlook (2014-2023)

4.2.3.  UK Market States and Outlook (2014-2023)

4.2.4.  Russia Market States and Outlook (2014-2023)

4.2.5.  Italy Market States and Outlook (2014-2023)

4.2.6.  Rest of Europe Market States and Outlook (2014-2023)

4.3.       Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)

4.3.1.  China Market States and Outlook (2014-2023)

4.3.2.  Japan Market States and Outlook (2014-2023)

4.3.3.  Korea Market States and Outlook (2014-2023)

4.3.4.  India Market States and Outlook (2014-2023)

4.3.5.  Rest of Asia-Pacific Market States and Outlook (2014-2023)

4.4.       South America (Brazil, Argentina, Columbia and Rest of South America)

4.4.1.  Brazil Market States and Outlook (2014-2023)

4.4.2.  Argentina Market States and Outlook (2014-2023)

4.4.3.  Columbia Market States and Outlook (2014-2023)

4.4.4.  Rest of South America Market States and Outlook (2014-2023)

4.5.       Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)

4.5.1.  Saudi Arabia Market States and Outlook (2014-2023)

4.5.2.  UAE Market States and Outlook (2014-2023)

4.5.3.  Egypt Market States and Outlook (2014-2023)

4.5.4.  Nigeria Market States and Outlook (2014-2023)

4.5.5.  South Africa Market States and Outlook (2014-2023)

4.5.6.  Rest of MEA Market States and Outlook (2014-2023)

5.       Glycols Market, By Application

5.1.       Introduction

5.2.       Global Glycols Sales, Revenue and Market Share by Application (2014-2017)

5.2.1.  Global Glycols Sales and Sales Share by Application (2014-2017)

5.2.2.  Global Glycols Revenue and Revenue Share by Application (2014-2017)

5.3.       Glycols Market  Assessment and Forecast, By Application, 2014-2023

5.4.       Automotive

5.4.1.  Global Automotive Sales and Growth Rate (2014-2018)

5.5.       HVAC

5.5.1.  Global HVAC Sales and Growth Rate (2014-2018)

5.6.       Textiles

5.6.1.  Global Textiles Sales and Growth Rate (2014-2018)

5.7.       Airline

5.7.1.  Global Airline Sales and Growth Rate (2014-2018)

5.8.       Medical

5.8.1.  Global Medical Sales and Growth Rate (2014-2018)

5.9.       Pipeline Maintenance

5.9.1.  Global Pipeline Maintenance Sales and Growth Rate (2014-2018)

5.10.    Polyester Fibers & resin

5.10.1.      Global Polyester Fibers & resin Sales and Growth Rate (2014-2018)

5.11.    Food & Beverage Processing

5.11.1.      Global Food & Beverage Processing  Sales and Growth Rate (2014-2018)

5.12.    Other Applications

5.12.1.      Global Other Applications Sales and Growth Rate (2014-2018)

6.       Glycols Market, By Product

6.1.       Introduction

6.2.       Global Glycols Sales, Revenue and Market Share by Product (2014-2017)

6.2.1.  Global Glycols Sales and Sales Share by Product (2014-2017)

6.2.2.  Global Glycols Revenue and Revenue Share by Product (2014-2017)

6.3.       The Glycols Market  Assessment and Forecast, By Product, 2014-2023

6.4.       Ethylene Glycol

6.4.1.  Global Ethylene Glycol Sales and Growth Rate By Type (2014-2018)

6.4.2.  Global Ethylene Glycol Sales and Growth Rate (2014-2018)

6.4.3.  Mono-ethylene glycol

6.4.3.1.    Global Mono-ethylene glycol Sales and Growth Rate (2014-2018)

6.4.4.  Di-ethylene glycol

6.4.4.1.    Global Di-ethylene glycol Sales and Growth Rate (2014-2018)

6.4.5.  Tri-ethylene glycol

6.4.5.1.    Global Tri-ethylene glycol Sales and Growth Rate (2014-2018)

6.5.       Propylene Glycol

6.5.1.  Global Propylene Glycol Sales and Growth Rate (2014-2018)

7.       Glycols Market, By Region

7.1.       Introduction

7.2.       Global Glycols Sales, Revenue and Market Share by Regions

7.2.1.  Global Glycols Sales by Regions (2014-2018)

7.2.2.  Global Glycols Revenue by Regions (2014-2018)

7.3.       North America Glycols by Countries

7.3.1.  North America Glycols Sales and Growth Rate (2014-2018)

7.3.2.  North America Glycols Revenue and Growth Rate (2014-2018)

7.3.3.  North America Glycols Sales by Countries (2014-2018)

7.3.4.  North America Glycols Revenue (Million USD) by Countries (2014-2018)

7.3.5.  U.S.

7.3.5.1.    United States Glycols Sales and Growth Rate (2014-2018)

7.3.5.2.    United States Glycols Revenue (Millions USD) and Growth Rate (2014-2018)

7.3.6.  Canada

7.3.6.1.    Canada Glycols Sales and Growth Rate (2014-2018)

7.3.6.2.    Canada Glycols Sales (Millions USD) and Growth Rate (2014-2018)

7.3.7.  Mexico

7.3.7.1.    Mexico Glycols Sales and Growth Rate (2014-2018)

7.3.7.2.    Mexico Glycols Revenue (Millions USD) and Growth Rate (2014-2018)

7.4.       Europe Glycols by Countries

7.4.1.  Europe Glycols Sales and Growth Rate (2014-2018)

7.4.2.  Europe Glycols Revenue and Growth Rate (2014-2018)

7.4.3.  Europe Glycols Sales by Countries (2014-2018)

7.4.4.  Europe Glycols Revenue (Million USD) by Countries (2014-2018)

7.4.5.  Germany

7.4.5.1.    Germany Glycols Sales and Growth Rate (2014-2018)

7.4.5.2.    Germany Glycols Revenue (Millions USD) and Growth Rate (2014-2018)

7.4.6.  UK

7.4.6.1.    UK Glycols Sales and Growth Rate (2014-2018)

7.4.6.2.    UK Glycols Revenue (Millions USD) and Growth Rate (2014-2018)

7.4.7.  France

7.4.7.1.    France Glycols Sales and Growth Rate (2014-2018)

7.4.7.2.    France Glycols Revenue (Millions USD) and Growth Rate (2014-2018)

7.4.8.  Russia

7.4.8.1.    Russia Glycols Sales and Growth Rate (2014-2018)

7.4.8.2.    Russia Glycols Revenue (Millions USD) and Growth Rate (2014-2018)

7.4.9.  Italy

7.4.9.1.    Italy Glycols Sales and Growth Rate (2014-2018)

7.4.9.2.    Italy Glycols Revenue (Millions USD) and Growth Rate (2014-2018)

7.4.10.      Rest of Europe

7.4.10.1. Rest of Europe Glycols Sales and Growth Rate (2014-2018)

7.4.10.2. Rest of Europe Glycols Revenue (Millions USD) and Growth Rate (2014-2018)

7.5.       Asia-Pacific

7.5.1.  Asia-Pacific Glycols Sales and Growth Rate (2014-2018)

7.5.2.  Asia-Pacific Glycols Revenue and Growth Rate (2014-2018)

7.5.3.  Asia-Pacific Glycols Sales by Countries (2014-2018)

7.5.4.  Asia-Pacific Glycols Revenue (Million USD) by Countries (2014-2018)

7.5.5.  China

7.5.5.1.    China Glycols Sales and Growth Rate (2014-2018)

7.5.5.2.    China Glycols Revenue (Millions USD) and Growth Rate (2014-2018)

7.5.6.  Japan

7.5.6.1.    Japan Glycols Sales and Growth Rate (2014-2018)

7.5.6.2.    Japan Glycols Revenue (Millions USD) and Growth Rate (2014-2018)

7.5.6.3.     

7.5.7.  Korea

7.5.7.1.    Korea Glycols Sales and Growth Rate (2014-2018)

7.5.7.2.    Korea Glycols Revenue (Millions USD) and Growth Rate (2014-2018)

7.5.8.  India

7.5.8.1.    India Glycols Sales and Growth Rate (2014-2018)

7.5.8.2.    India Glycols Revenue (Millions USD) and Growth Rate (2014-2018)

7.5.9.  Southeast Asia

7.5.9.1.    Southeast Asia Glycols Sales and Growth Rate (2014-2018)

7.5.9.2.    Southeast Asia Glycols Revenue (Millions USD) and Growth Rate (2014-2018)

7.5.10.      Rest of Asia-Pacific

7.5.10.1. Rest of Asia-Pacific Glycols Sales and Growth Rate (2014-2018)

7.5.10.2. Rest of Asia-Pacific Glycols Revenue (Millions USD) and Growth Rate (2014-2018)

7.6.       South America

7.6.1.  South America Glycols Sales and Growth Rate (2014-2018)

7.6.2.  South America Glycols Revenue and Growth Rate (2014-2018)

7.6.3.  South America Glycols Sales by Countries (2014-2018)

7.6.4.  South America Glycols Revenue (Million USD) by Countries (2014-2018)

7.6.5.  Brazil

7.6.5.1.    Brazil Glycols Sales and Growth Rate (2014-2018)

7.6.5.2.    Brazil Glycols Revenue (Millions USD) and Growth Rate (2014-2018)

7.6.6.  Argentina

7.6.6.1.    Argentina Glycols Sales and Growth Rate (2014-2018)

7.6.6.2.    Argentina Glycols Revenue (Millions USD) and Growth Rate (2014-2018)

7.6.7.  Columbia

7.6.7.1.    Columbia Glycols Sales and Growth Rate (2014-2018)

7.6.7.2.    Columbia Glycols Revenue (Millions USD) and Growth Rate (2014-2018)

7.6.8.  Rest of South America

7.6.8.1.    Rest of South America Glycols Sales and Growth Rate (2014-2018)

7.6.8.2.    Rest of South America Glycols Revenue (Millions USD) and Growth Rate (2014-2018)

7.7.       Middle East and Africa

7.7.1.  Middle East and Africa Glycols Sales and Growth Rate (2014-2018)

7.7.2.  Middle East and Africa Glycols Revenue and Growth Rate (2014-2018)

7.7.3.  Middle East and Africa Glycols Sales by Countries (2014-2018)

7.7.4.  Middle East and Africa Glycols Revenue (Million USD) by Countries (2014-2018)

7.7.5.  Saudi Arabia

7.7.5.1.    Saudi Arabia Glycols Sales and Growth Rate (2014-2018)

7.7.5.2.    Saudi Arabia Glycols Revenue (Millions USD) and Growth Rate (2014-2018)

7.7.6.  United Arab Emirates

7.7.6.1.    United Arab Emirates Glycols Sales and Growth Rate (2014-2018)

7.7.6.2.    United Arab Emirates Glycols Revenue (Millions USD) and Growth Rate (2014-2018)

7.7.7.  Egypt

7.7.7.1.    Egypt Glycols Sales and Growth Rate (2014-2018)

7.7.7.2.    Egypt Glycols Revenue (Millions USD) and Growth Rate (2014-2018)

7.7.8.  Nigeria

7.7.8.1.    Nigeria Glycols Sales and Growth Rate (2014-2018)

7.7.8.2.    Nigeria Glycols Revenue (Millions USD) and Growth Rate (2014-2018)

7.7.9.  South Africa

7.7.9.1.    South Africa Glycols Sales and Growth Rate (2014-2018)

7.7.9.2.    South Africa Glycols Revenue (Millions USD) and Growth Rate (2014-2018)

7.7.10.      Rest of Middle East and Africa

7.7.10.1. Rest of Middle East and Africa Glycols Sales and Growth Rate (2014-2018)

7.7.10.2. Rest of Middle East and Africa Glycols Revenue (Millions USD) and Growth Rate (2014-2018)

8.       Company Profiles

8.1.       SABIC

8.1.1.  Business Overview

8.1.2.  Product Portfolio

8.1.3.  Strategic Developments

8.1.4.  Sales, Revenue and Market Share

8.2.       Dow Chemical Company

8.2.1.  Business Overview

8.2.2.  Product Portfolio

8.2.3.  Strategic Developments

8.2.4.  Sales, Revenue and Market Share

8.3.       Sinopec, Corp.

8.3.1.  Business Overview

8.3.2.  Product  Portfolio

8.3.3.  Strategic Developments

8.3.4.  Sales, Revenue and Market Share

8.4.       Royal Dutch Shell plc.

8.4.1.  Business Overview

8.4.2.  Product Portfolio

8.4.3.  Strategic Developments

8.4.4.  Sales, Revenue and Market Share

8.5.       Reliance Industries Ltd.

8.5.1.  Business Overview

8.5.2.  Product Portfolio

8.5.3.  Strategic Developments

8.5.4.  Sales, Revenue and Market Share

8.6.       Huntsman International LLC

8.6.1.  Business Overview

8.6.2.  Product Portfolio

8.6.3.  Strategic Developments

8.6.4.  Sales, Revenue and Market Share

8.7.       BASF

8.7.1.  Business Overview

8.7.2.  Product Portfolio

8.7.3.  Strategic Developments

8.7.4.  Sales, Revenue and Market Share

8.8.       Kuwait Petroleum Corporation

8.8.1.  Business Overview

8.8.2.  Product  Portfolio

8.8.3.  Strategic Developments

8.8.4.  Sales, Revenue and Market Share

8.9.       AkzoNobel N.V.

8.9.1.  Business Overview

8.9.2.  Product  Portfolio

8.9.3.  Strategic Developments

8.9.4.  Sales, Revenue and Market Share

8.10.    Clariant AG

8.10.1.      Business Overview

8.10.2.      Product  Portfolio

8.10.3.      Strategic Developments

8.10.4.      Sales, Revenue and Market Share

9.       Global Glycols Market Competition, by Manufacturer

9.1.       Global Glycols Sales and Market Share by Manufacturer (2016-2017)

9.2.       Global Glycols Revenue and Market Share by Manufacturer (2016-2017)

9.3.       Top 5 Glycols Manufacturer Market Share

9.4.       Market Competition Trend

10.   Glycols Market Forecast (2018-2023)

10.1.    Global Glycols Sales, Revenue (Millions USD) and Growth Rate (2018-2023)

10.2.    Glycols Market Forecast by Regions (2018-2023)

10.2.1.      North America Glycols Market Forecast (2018-2023)

10.2.1.1. United States Glycols Market Forecast (2018-2023)

10.2.1.2. Canada Glycols Market Forecast (2018-2023)

10.2.1.3. Mexico Glycols Market Forecast (2018-2023)

10.2.2.      Europe Glycols Market Forecast (2018-2023)

10.2.2.1. Germany Glycols Market Forecast (2018-2023)

10.2.2.2. United Kingdom Glycols Market Forecast (2018-2023)

10.2.2.3. France Glycols Market Forecast (2018-2023)

10.2.2.4. Russia Glycols Market Forecast (2018-2023)

10.2.2.5. Italy Glycols Market Forecast (2018-2023)

10.2.2.6. Rest of the Europe Glycols Market Forecast (2018-2023)

10.2.3.      Asia-Pacific Glycols Market Forecast (2018-2023)

10.2.3.1. China Glycols Market Forecast (2018-2023)

10.2.3.2. Japan Glycols Market Forecast (2018-2023)

10.2.3.3. Korea Glycols Market Forecast (2018-2023)

10.2.3.4. India Glycols Market Forecast (2018-2023)

10.2.3.5. Southeast Asia Glycols Market Forecast (2018-2023)

10.2.3.6. Rest of Asia-Pacific Glycols Market Forecast (2018-2023)

10.2.4.      South America Glycols Market Forecast (2018-2023)

10.2.4.1. Brazil Glycols Market Forecast (2018-2023)

10.2.4.2. Argentina Glycols Market Forecast (2018-2023)

10.2.4.3. Columbia Glycols Market Forecast (2018-2023)

10.2.4.4. Rest of South America Glycols Market Forecast (2018-2023)

10.2.5.      Middle East and Africa Glycols Market Forecast (2018-2023)

10.2.5.1. Saudi Arabia Glycols Market Forecast (2018-2023)

10.2.5.2. UAE Glycols Market Forecast (2018-2023)

10.2.5.3. Egypt Glycols Market Forecast (2018-2023)

10.2.5.4. Nigeria Glycols Market Forecast (2018-2023)

10.2.5.5. South Africa Glycols Market Forecast (2018-2023)

10.2.5.6. Rest of MEA Glycols Market Forecast (2018-2023)

10.3.    Glycols Market Forecast by Application (2018-2023)

10.3.1.      Global Glycols Sales Forecast by Application (2018-2023)

10.3.2.      Global Glycols Sales Market Share Forecast by Application (2018-2023)

10.4.    Glycols Market Forecast by Product (2018-2023)

10.4.1.      Global Glycols Sales Forecast by Product (2018-2023)

10.4.2.      Global Glycols Sales Market Share Forecast by Product (2018-2023)

List of Tables and Figures

*You can glance through the list of Tables and Figures when you view the sample copy of Glycols Market.


List of Tables

*You can glance through the list of Tables and Figures when you view the sample copy of Glycols Market.


Research Methodology

We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.

Data Mining

Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.

Data Collection Matrix

Data Collection Matrix

Supply Side

Demand Side

Primary Data Sources

  • Manufacturers
  • Distributors & Wholesalers
  • GPOs
  • Physicians/Specialist
  • Healthcare Providers
  • Consumers

Secondary Data Sources

  • Annual Reports/SEC Filings/ Investor Presentations/ Press Releases
  • Government/Associations Publications
  • Case Studies
  • Reference Customers

 

Market Modeling and Forecasting

We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.

  • Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
  • Number of patients for particular device or medical procedure and
  • Repeated use of particular device depending on health and condition of patient
  • Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.

We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.

Data Validation

We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.

Data Triangulation

data triangulation

Industry Analysis

Qualitative Data

Quantitative Data (2017-2025)

  • Market Dynamics (Drivers, Restraints, and Challenges)
  • Industry Trend Analysis
  • Market Opportunities
  • Government Policies and Regulations, Patent Analysis, and Reimbursement Policies
  • Porter’s Five Forces and PESTLE Analysis
  • Key Developments and Competitive Landscape
  • Market Assessment and Forecast
  • Market Assessment and Forecast, By Product
  • Market Assessment and Forecast, By Technology
  • Market Assessment and Forecast, By Application
  • Market Assessment and Forecast, By End User
  • Market Assessment and Forecast, By Region/Country

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