Alpha Olefin Market by Product and Application - Global Industry Analysis and Forecast To 2023
Published On : November 2017 Pages : 120 Category: Plastics, Polymers & Resins Report Code : CM11378
Industry Outlook and Trend Analysis
The Alpha Olefin Market was worth USD 7.67 billion in 2017 and is expected to reach approximately USD 14.89 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 7.64% during the forecast period. A major feedstock that is used for the assembling of alpha olefin is ethylene, which is delivered all around by making the use of gas-based oil and naphtha. The major applications of ethylene incorporate industrial reactions, for example, halogenation, hydroformylation, alkylation, hydration,polymerization, hydrogenation, and oligomerization. In 2008 North America encountered a boom in shale gas, prompting an enormous reduction in the cost of mechanical energy and feedstock. Shale rocks are used as a novel, low-valued cracker bolster for ethylene fabricating in this locale, which has brought about low market estimating and expanded supply levels. The revival of investments in different gigantic, homogenous cracker projects, in addition to ample, inexpensive ethane supply from shale gas holds in the United States are probably going to goad the essential supply required for the creation of alpha-olefin. Alpha olefins are perceived to have no lethal impact on human as well as animal. The ideal administrative situation within the sight of REACH and the United States EPA is anticipated to support the worldwide market. Administrative support towards the improvement of bio-based alpha olefin is anticipated to support the market over the conjecture time frame. Strict legislative regulations with respect to the usage of polyethylene, which is the biggest application section, are foreseen to represent a test for the market development.
Product Outlook and Trend Analysis
1-Butene market size is foreseen to encounter noteworthy development amid estimate period inferable from its broad application scope in assembling item polymers including polypropylene and polyethylene. It is mainly used as a part of the creation of HDPE and LLDPE, which is widely used as a part of flexible packaging, and automotive sector, accordingly empowering industry development. 1-Decene market foreseen encounter significant development in the upcoming years because of its wide application scope in the manufacturing of synthetic lubricants. Expanding use for the most part in industrial and automotive application attributable to high viscosity and density upheld by development in automotive industry which ought to push direct alpha olefins industry development. 1-Hexene market size ought to have critical development amid figure period and can be credited to development in oilfield drilling, automotive and consumer goods. Positive pointers in plastic industry attributable to shift in consumer inclination towards reduced and solid end-use products ought to boost the development of the market.
Application Outlook and Trend Analysis
In 2017 Polyethylene application represented the most elevated alpha olefin demand. It is broadly used in films, industrial applications, automotive applications, containers, packaging and appliances. Rising demand from different application sections by virtue of its recyclability, versatility, low cost, and process-ability is anticipated to fuel polyethylene market expansion. Developing population and expanding shopper spending in developing markets of Mexico, Brazil, India, and China are additionally anticipated that would increase the polyethylene market over the estimate time frame. Ordinary alpha olefins are thought to be the best intermediates for the generation of alpha olefin sulfonate (AOS) surfactants. The favorable circumstances accomplished are superfine detergency, good foaming and wetting properties, and high hard-water compatibility. Other than being quickly biodegradable, AOS is unencumbered of skin irritants and sensitizers. C14-C16 AOS mixes are generally used for the creation of fluid hand cleansers. For the generation of semi-linear alcohol, plasticizers for polyvinyl chloride could be fabricated, start with an oxo response of C6, C8, and C10 olefins with hydrogen and carbon monoxide. Alpha olefins are also used as a part of both high-thickness and direct low-thickness polyethylene as co-monomers, with a perspective of enhancing their properties.
Regional Outlook and Trend Analysis
In 2017 North America was the broadest regional market of aggregate usage. Expanding oil-drilling activities combined with limit developments of key producers are the main considerations that added to the market expansion. Asia Pacific is foreseen to be the quickest developing local market over the figure time frame. Developing demand of polyethylene because of surge in automotive and consumer goods market in India and China is anticipated to expand alpha olefin demand in the region. Easy accessibility of raw material, for example, ethylene, in the United States also, Mexico combined with the existence of key market players in the area, has brought about alpha olefin market development in North America. Europe is also anticipated that would encounter a decrease in the petrochemical business since various ethylene plants are probably going to wind up plainly uneconomic over the figure time frame. Offices in Europe are likewise significantly subject to burdened naphtha for alpha olefin generation, making focused disadvantage when contrasted with the United States or the Middle East.
Competitive Insights
The leading players in the market are Sasol Limited, Dow Chemical Co, Idemitsu Petrochemical Co. Ltd, ExxonMobil, Royal Dutch Shell Plc, Chevron Phillips Chemical Company LLC, Saudi Basic Industries Corporation (SABIC) and Mitsubishi Chemical Corp. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
The Alpha Olefin Market is segmented as follows-
By Product:
- 1-Octene
- 1-Butene
- 1-Dodecene
- 1-Decene
- 1-Hexene
- Others
By Application:
- Detergent Alcohol
- Polyethylene
- Synthetic Lubricants
- Others
By Region
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- Australia
- India
- South Korea
- Rest of Asia Pacific
- Rest of the World
- Brazil
- South Africa
- Saudi Arabia
- United Arab Emirates
- Others
Some of the key questions answered by the report are:
- What was the market size in 2017 and forecast from 2017 to 2023?
- What will be the industry market growth from 2017 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
- Alpha Olefin Market, By Product, Estimates and Forecast, 2014-2023 ($Million)
- 1-Butene
- 1-Hexene
- 1-Octene
- 1-Decene
- 1-Dodecene
- Other Products
- Alpha Olefin Market, By Application, Estimates and Forecast, 2014-2023 ($Million)
- Detergent Alcohol
- Polyethylene
- Synthetic Lubricants
- Other Applications
- Alpha Olefin Market, By Region, Estimates and Forecast, 2014-2023 ($Million)
- North America
- North America Alpha Olefin Market, By Country
- North America Alpha Olefin Market, By Product
- North America Alpha Olefin Market, By Application
- U.S. Alpha Olefin Market, By Product
- U.S. Alpha Olefin Market, By Application
- Canada Alpha Olefin Market, By Product
- Canada Alpha Olefin Market, By Application
- Mexico Alpha Olefin Market, By Product
- Mexico Alpha Olefin Market, By Application
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- Europe
- Europe Alpha Olefin Market, By Country
- Europe Alpha Olefin Market, By Product
- Europe Alpha Olefin Market, By Application
- Germany Alpha Olefin Market, By Product
- Germany Alpha Olefin Market, By Application
- France Alpha Olefin Market, By Product
- France Alpha Olefin Market, By Application
- UK Alpha Olefin Market, By Product
- UK Alpha Olefin Market, By Application
- Italy Alpha Olefin Market, By Product
- Italy Alpha Olefin Market, By Application
- Spain Alpha Olefin Market, By Product
- Spain Alpha Olefin Market, By Application
- Rest of Europe Alpha Olefin Market, By Product
- Rest of Europe Alpha Olefin Market, By Application
-
- Asia-Pacific
- Asia-Pacific Alpha Olefin Market, By Country
- Asia-Pacific Alpha Olefin Market, By Product
- Asia-Pacific Alpha Olefin Market, By Application
- Japan Alpha Olefin Market, By Product
- Japan Alpha Olefin Market, By Application
- Australia Alpha Olefin Market, By Product
- Australia Alpha Olefin Market, By Application
- India Alpha Olefin Market, By Product
- India Alpha Olefin Market, By Application
- South Korea Alpha Olefin Market, By Product
- South Korea Alpha Olefin Market, By Application
- Rest of Asia-Pacific Alpha Olefin Market, By Product
- Rest of Asia-Pacific Alpha Olefin Market, By Application
- Asia-Pacific
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- Rest of the World
- Rest of the World Alpha Olefin Market, By Country
- Rest of the World Alpha Olefin Market, By Product
- Rest of the World Alpha Olefin Market, By Application
- Brazil Alpha Olefin Market, By Product
- Brazil Alpha Olefin Market, By Application
- South Africa Alpha Olefin Market, By Product
- South Africa Alpha Olefin Market, By Application
- Saudi Arabia Alpha Olefin Market, By Product
- Saudi Arabia Alpha Olefin Market, By Application
- Turkey Alpha Olefin Market, By Product
- Turkey Alpha Olefin Market, By Application
- United Arab Emirates Alpha Olefin Market, By Product
- United Arab Emirates Alpha Olefin Market, By Application
- Others Alpha Olefin Market, By Product
- Others Alpha Olefin Market, By Application
- Rest of the World
Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
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
3.2.1.1. Rising demand of polyethylene
3.2.1.2. Availability of Raw Material
3.2.2. Restraints
3.2.2.1. Lack of awareness
3.2.3. Opportunities
4. Alpha Olefin Market, By Product
4.1. Introduction
4.2. Alpha Olefin Market Assessment and Forecast, By Product, 2017-2023
4.3. 1-Butene
4.3.1. Market Assessment and Forecast, By Region, 2017-2023 ($Million)
4.4. 1-Hexene
4.4.1. Market Assessment and Forecast, By Region, 2017-2023 ($Million)
4.5. 1-Octene
4.5.1. Market Assessment and Forecast, By Region, 2017-2023 ($Million)
4.6. 1-Decene
4.6.1. Market Assessment and Forecast, By Region, 2017-2023 ($Million)
4.7. 1-Dodecene
4.7.1. Market Assessment and Forecast, By Region, 2017-2023 ($Million)
4.8. Other Products
4.8.1. Market Assessment and Forecast, By Region, 2017-2023 ($Million)
5. Alpha Olefin Market, By Application
5.1. Introduction
5.2. The Alpha Olefin MarketAssessment and Forecast, By Application, 2017-2023
5.3. Detergent Alcohol
5.3.1. Market Assessment and Forecast, By Region, 2017-2023 ($Million)
5.4. Polyethylene
5.4.1. Market Assessment and Forecast, By Region, 2017-2023 ($Million)
5.5. Synthetic Lubricants
5.5.1. Market Assessment and Forecast, By Region, 2017-2023 ($Million)
5.6. Other Applications
5.6.1. Market Assessment and Forecast, By Region, 2017-2023 ($Million)
6. Alpha Olefin Market, By Region
6.1. Introduction
6.2. Alpha Olefin Market Assessment and Forecast, By Region, 2017-2023 ($Million)
6.3. North America
6.3.1. Market Assessment and Forecast, By Country, 2017-2023 ($Million)
6.3.2. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.3.3. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.3.4. U.S.
6.3.4.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.3.4.2. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.3.5. Canada
6.3.5.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.3.5.2. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.3.6. Mexico
6.3.6.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.3.6.2. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.4. Europe
6.4.1. Market Assessment and Forecast, By Country, 2017-2023 ($Million)
6.4.2. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.4.3. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.4.4. Germany
6.4.4.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.4.4.2. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.4.5. France
6.4.5.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.4.5.2. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.4.6. UK
6.4.6.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.4.6.2. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.4.7. Italy
6.4.7.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.4.7.2. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.4.8. Spain
6.4.8.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.4.8.2. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.4.9. Rest of Europe
6.4.9.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.4.9.2. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.5. Asia-Pacific
6.5.1. Market Assessment and Forecast, By Country, 2017-2023 ($Million)
6.5.2. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.5.3. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.5.4. Japan
6.5.4.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.5.4.2. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.5.5. China
6.5.5.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.5.5.2. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.5.6. Australia
6.5.6.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.5.6.2. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.5.7. India
6.5.7.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.5.7.2. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.5.8. South Korea
6.5.8.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.5.8.2. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.5.9. Rest of Asia-Pacific
6.5.9.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.5.9.2. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.6. Rest of the World
6.6.1. Market Assessment and Forecast, By Country, 2017-2023 ($Million)
6.6.2. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.6.3. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.6.4. Brazil
6.6.4.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.6.4.2. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.6.5. Turkey
6.6.5.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.6.5.2. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.6.6. Saudi Arabia
6.6.6.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.6.6.2. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.6.7. South Africa
6.6.7.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.6.7.2. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.6.8. United Arab Emirates
6.6.8.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.6.8.2. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
6.6.9. Others
6.6.9.1. Market Assessment and Forecast, By Product, 2017-2023 ($Million)
6.6.9.2. Market Assessment and Forecast, By Application, 2017-2023 ($Million)
7. Company Profiles
7.1. Dow Chemical Co.
7.1.1. Business Overview
7.1.2. Product Portfolio
7.1.3. Key Financials
7.1.4. Strategic Developments
7.2. Chevron Phillips Chemical Company LLC
7.2.1. Business Overview
7.2.2. Product Portfolio
7.2.3. Key Financials
7.2.4. Strategic Developments
7.3. ExxonMobil
7.3.1. Business Overview
7.3.2. Product Portfolio
7.3.3. Key Financials
7.3.4. Strategic Developments
7.4. Mitsubishi Chemical Corp.
7.4.1. Business Overview
7.4.2. Product Portfolio
7.4.3. Key Financials
7.4.4. Strategic Developments
7.5. Sasol Limited
7.5.1. Business Overview
7.5.2. Product Portfolio
7.5.3. Strategic Developments
7.6. Royal Dutch Shell Plc.
7.6.1. Business Overview
7.6.2. Product Portfolio
7.6.3. Strategic Developments
7.7. Saudi Basic Industries Corporation (SABIC)
7.7.1. Business Overview
7.7.2. Product Portfolio
7.7.3. Strategic Developments
7.8. Idemitsu Petrochemical Co. Ltd.
7.8.1. Business Overview
7.8.2. Product Portfolio
7.8.3. Key Financials
7.8.4. Strategic Developments
List of Tables
Table 1.Global Alpha Olefin Market, By Product ($Million), 2017-2023
Table 2.1-ButeneMarket, By Region ($Million), 2017-2023
Table 3.1-Hexene Market, By Region ($Million), 2017-2023
Table 4.1-Octene Market, By Region ($Million), 2017-2023
Table 5.1-Decene Market, By Region ($Million), 2017-2023
Table 6.1-1-Dodecene Market, By Region ($Million), 2017-2023
Table 7.Other Products, By Region ($Million), 2017-2023
Table 8.Global Alpha Olefin Market, By Application ($Million), 2017-2023
Table 9.Detergent Alcohol Market, By Region ($Million), 2017-2023
Table 10.Polyethylene Market, By Region ($Million), 2017-2023
Table 11.Synthetic LubricantsMarket, By Region ($Million), 2017-2023
Table 12.Other Applications Market, By Region ($Million), 2017-2023
Table 13.Alpha Olefin Market, By Region ($Million), 2017-2023
Table 14.North America Alpha Olefin Market, By Country, 2017-2023 ($Million)
Table 15.North America Alpha Olefin Market, By Product, 2017-2023 ($Million)
Table 16.North America Alpha Olefin Market, By Application, 2017-2023 ($Million)
Table 17.U.S. Alpha Olefin Market, By Product, 2017-2023 ($Million)
Table 18.U.S. Alpha Olefin Market, By Application, 2017-2023 ($Million)
Table 19.Canada Alpha Olefin Market, By Product, 2017-2023 ($Million)
Table 20.Canada Alpha Olefin Market, By Application, 2017-2023 ($Million)
Table 21.Mexico Alpha Olefin Market, By Product, 2017-2023 ($Million)
Table 22.Mexico Alpha Olefin Market, By Application, 2017-2023 ($Million)
Table 23.Europe Alpha Olefin Market, By Country, 2017-2023 ($Million)
Table 24.Europe Alpha Olefin Market, By Product, 2017-2023 ($Million)
Table 25.Europe Alpha Olefin Market, By Application, 2017-2023 ($Million)
Table 26.Germany Alpha Olefin Market, By Product, 2017-2023 ($Million)
Table 27.Germany Alpha Olefin Market, By Application, 2017-2023 ($Million)
Table 28.France Alpha Olefin Market, By Product, 2017-2023 ($Million)
Table 29.France Alpha Olefin Market, By Application, 2017-2023 ($Million)
Table 30.UK Alpha Olefin Market, By Product, 2017-2023 ($Million)
Table 31.UK Alpha Olefin Market, By Application, 2017-2023 ($Million)
Table 32.Italy Alpha Olefin Market, By Product, 2017-2023 ($Million)
Table 33.Italy Alpha Olefin Market, By Application, 2017-2023 ($Million)
Table 34.Spain Alpha Olefin Market, By Product, 2017-2023 ($Million)
Table 35.Spain Alpha Olefin Market, By Application, 2017-2023 ($Million)
Table 36.Rest of Europe Alpha Olefin Market, By Product, 2017-2023 ($Million)
Table 37.Rest of Europe Alpha Olefin Market, By Application, 2017-2023 ($Million)
Table 38.Asia-Pacific Alpha Olefin Market, By Country, 2017-2023 ($Million)
Table 39.Asia-Pacific Alpha Olefin Market, By Product, 2017-2023 ($Million)
Table 40.Asia-Pacific Alpha Olefin Market, By Application, 2017-2023 ($Million)
Table 41.Japan Alpha Olefin Market, By Product, 2017-2023 ($Million)
Table 42.Japan Alpha Olefin Market, By Application, 2017-2023 ($Million)
Table 43.China Alpha Olefin Market, By Product, 2017-2023 ($Million)
Table 44.China Alpha Olefin Market, By Application, 2017-2023 ($Million)
Table 45.Australia Alpha Olefin Market, By Product, 2017-2023 ($Million)
Table 46.Australia Alpha Olefin Market, By Application, 2017-2023 ($Million)
Table 47.India Alpha Olefin Market, By Product, 2017-2023 ($Million)
Table 48.India Alpha Olefin Market, By Application, 2017-2023 ($Million)
Table 49.South Korea Alpha Olefin Market, By Product, 2017-2023 ($Million)
Table 50.South Korea Alpha Olefin Market, By Application, 2017-2023 ($Million)
Table 51.Rest of Asia-Pacific Alpha Olefin Market, By Product, 2017-2023 ($Million)
Table 52.Rest of Asia-Pacific Alpha Olefin Market, By Application, 2017-2023 ($Million)
Table 53.Rest of the World Alpha Olefin Market, By Country, 2017-2023 ($Million)
Table 54.Rest of the World Alpha Olefin Market, By Product, 2017-2023 ($Million)
Table 55.Rest of the World Alpha Olefin Market, By Application, 2017-2023 ($Million)
Table 56.Brazil Alpha Olefin Market, By Product, 2017-2023 ($Million)
Table 57.Brazil Alpha Olefin Market, By Application, 2017-2023 ($Million)
Table 58.Turkey Alpha Olefin Market, By Product, 2017-2023 ($Million)
Table 59.Turkey Alpha Olefin Market, By Application, 2017-2023 ($Million)
Table 60.Saudi Arabia Alpha Olefin Market, By Product, 2017-2023 ($Million)
Table 61.Saudi Arabia Alpha Olefin Market, By Application, 2017-2023 ($Million)
Table 62.South Africa Alpha Olefin Market, By Product, 2017-2023 ($Million)
Table 63.South Africa Alpha Olefin Market, By Application, 2017-2023 ($Million)
Table 64.United Arab Emirates Alpha Olefin Market, By Product, 2017-2023 ($Million)
Table 65.United Arab Emirates Alpha Olefin Market, By Application, 2017-2023 ($Million)
Table 66.Others Alpha Olefin Market, By Product, 2017-2023 ($Million)
Table 67.Others Alpha Olefin Market, By Application, 2017-2023 ($Million)
Table 68.Dow Chemical Co.: Key Strategic Developments, 2017-2017
Table 69.Chevron Phillips Chemical Company LLC: Key Strategic Developments, 2017-2017
Table 70.ExxonMobil: Key Strategic Developments, 2017-2017
Table 71.Mitsubishi Chemical Corp.: Key Strategic Developments, 2017-2017
Table 72.Sasol Limited: Key Strategic Developments, 2017-2017
Table 73.Royal Dutch Shell Plc.: Key Strategic Developments, 2017-2017
Table 74.Saudi Basic Industries Corporation (SABIC): Key Strategic Developments, 2017-2017
Table 75.Idemitsu Petrochemical Co. Ltd.: Key Strategic Developments, 2017-2017
List of Figures
Figure 1.Global Alpha Olefin Market Share, By Product, 2017 & 2023
Figure 2.Alpha Olefin Market, By Application, 2017, ($Million)
Figure 3.Alpha Olefin Market, By Region, 2017, ($Million)
Figure 4.Dow Chemical Co.: Net Revenues, 2017-2017 ($Million)
Figure 5.Dow Chemical Co.: Net Revenue Share, By Segment, 2017
Figure 6.Dow Chemical Co.: Net Revenue Share, By Geography, 2017
Figure 7.Mitsubishi Chemical Corp.: Net Revenues, 2017-2017 ($Million)
Figure 8.Mitsubishi Chemical Corp.: Net Revenue Share, By Segment, 2017
Figure 9.Mitsubishi Chemical Corp.: Net Revenue Share, By Geography, 2017
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
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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
Industry Analysis
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Qualitative Data |
Quantitative Data (2017-2025) |
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