Biocides Market by Product and Application - Global Industry Analysis and Forecast to 2022
Published On : October 2017 Pages : 120 Category: Organic Chemicals Report Code : CM10286
Industry Outlook and Trend Analysis
The Biocides Market was worth USD 7.31 billion in the year of 2017 and is expected to reach approximately USD 11.87 billion by 2022, while registering itself at a compound annual growth rate (CAGR) of 4.46% during the forecast period. Rising requirement from mechanical applications, especially in paints and coatings, personal care and water treatment combined with the dynamic extension of these end-use sectors is anticipated to boost the biocides market in the upcoming years. Expanding implementation of water treatment procedures in nations including Japan, India and China are relied upon to drive the development of the market. Additionally, developing awareness of health is anticipated to spur the demand for clean water and is anticipated to spur the growth of the market throughout the following years. Rising requirement for consumable water in industrial and domestic applications because of expanding populace is anticipated to fuel the demand in water treatment application. Likewise, extending paints and coatings industry because of quick industrialization combined with infrastructural advancement in developing economies is relied upon to drive income development. Food & beverage applications incorporate surfaces which come in close contact with manufacturing, disinfecting pipes, equipment and openings. Food & beverage industry development is anticipated to have a positive influence on the growth of the market.
Product Outlook and Trend Analysis
Halogen biocides market section commanded worldwide demand in 2017, representing more than 25% of total profit and this pattern is relied upon to proceed over the gauge time frame. Cost-effective and simple raw material accessibility of halogens, for example, bromine, iodine and chlorine are anticipated to be one of the essential factors driving the fragment development. In 2017 metallic compounds produced profit surpassing USD 1.5 billion. These are utilized as disinfectants in cooling towers and water treatment plants. Expanding requirement for clean water is anticipated to fuel metallic compounds requirement over the conjecture time frame. Moreover, strict rules with respect to utilization of halogens are anticipated to enhance the significance of metallic compounds as a substitute in the upcoming years. In 2017, Organosulfurs biocides represented more than 11% of the general offer. They are significantly utilized as a part of healthcare applications to restrain microorganism development on plastic or metal surfaces as these items have antifungal and antibacterial properties. Developing requirement for plastics in light of its expanding use in development and automotive industries is projected to fuel item demand in the upcoming years.
Application Outlook and Trend Analysis
In 2017 water treatment applications registered for a share of 23 percent in terms of revenue. Growing demand for microbial activity, scaling, corrosion and disposal in water treatment is anticipated to influence the development of the market in a positive manner. In 2017 food and beverage application was worth USD 1.48 billion. Increasing requirement to control the growth of microbial in food and beverage alongside expanding utilization of additives in ready-to-eat food is required to be a good factor for industry improvement. Worldwide biocides industry request in personal care applications is anticipated to witness generous growth over the figure time frame. Expanding use in cosmetic products, for example, shower gel, liquid soap, shampoo and moisturizing cream by virtue of repressing the formation of bacteria and fungus and to enhance time span of usability is foreseen to boost the demand. Requirement in oil and gas industry is anticipated to witness noteworthy development over the estimate time frame, attributable to its property to control growth of bacteria to curb the development of hazardous by-products amid their activity. Specialty applications including HVAC systems, steam boilers and fuels are high potential regions. Developing vitality needs combined with rising buyer awareness toward unsafe impacts of germ-filled air on the human respiratory system is anticipated to spur the demand.
Regional Outlook and Trend Analysis
In 2017, North America biocides market represented more than 40.0% of worldwide income share. Building and infrastructural advancement in the region have brought about an expanded requirement for paints and coatings in commercial and residential applications which thusly is anticipated to spur the demand over the gauge time frame. Asia Pacific market will encounter significant development over the conjecture time frame. India and China biocides market is projected to witness a solid development throughout the following years. Expanding healthcare services attributable to advancing technology and reasonable healthcare facilities is anticipated to fuel the requirement for phenolics in the area.
Competitive Insights
Worldwide biocides market is decently focused with top three members representing more than 45 percent of aggregate demand in 2017. Arch Chemicals was one of the main players, with a share of more than 15 percent in 2017. Other key players are Troy Corporation, Clariant Power System Limited, Thor Specialties, BASF, Dow Microbial Control, Thor Specialties and Lubrizol. Organizations require a lot of investment toward the start-up stage because of strict government directions with respect to testing and naming of these items before and after making them accessible. This is anticipated to dishearten penetration of new players over the estimate time frame.
The global Biocides Market is segmented as follows:
By Product
- Metallic compounds
- Halogen compounds
- Organic acids
- Organosulfurs
- Nitrogen
- Phenolic
- Others
By Application
- Food & beverage
- Water treatment
- Wood preservation
- Personal care
- HVAC
- Paints & coatings
- Oil & gas
- Fuels
- Boilers
- 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 2022?
- What will be the industry market growth from 2017 to 2022?
- 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
- Bearings Market, By Product, Estimates and Forecast, 2012-2022 ($Million)
- Metallic Compounds
- Halogen Compounds
- Organic acids
- Organosulfurs
- Nitrogen
- Phenolic
- Others
- Bearings Market, By Application, Estimates and Forecast, 2012-2022 ($Million)
- Food & beverage
- Water treatment
- Wood preservation
- Personal care
- HVAC
- Paints & coatings
- Oil & gas
- Fuels
- Boilers
- Others
- Bearings Market, By Region, Estimates and Forecast, 2012-2022 ($Million)
- North America
- North America Bearings Market, By Country
- North America Bearings Market, By Product
- North America Bearings Market, By Application
- U.S. Bearings Market, By Product
- U.S. Bearings Market, By Application
- Canada Bearings Market, By Product
- Canada Bearings Market, By Application
- Mexico Bearings Market, By Product
- Mexico Bearings Market, By Application
-
- Europe
- Europe Bearings Market, By Country
- Europe Bearings Market, By Product
- Europe Bearings Market, By Application
- Germany Bearings Market, By Product
- Germany Bearings Market, By Application
- France Bearings Market, By Product
- France Bearings Market, By Application
- UK Bearings Market, By Product
- UK Bearings Market, By Application
- Italy Bearings Market, By Product
- Italy Bearings Market, By Application
- Spain Bearings Market, By Product
- Spain Bearings Market, By Application
- Rest of Europe Bearings Market, By Product
- Rest of Europe Bearings Market, By Application
-
- Asia-Pacific
- Asia-Pacific Bearings Market, By Country
- Asia-Pacific Bearings Market, By Product
- Asia-Pacific Bearings Market, By Application
- Japan Bearings Market, By Product
- Japan Bearings Market, By Application
- Australia Bearings Market, By Product
- Australia Bearings Market, By Application
- India Bearings Market, By Product
- India Bearings Market, By Application
- South Korea Bearings Market, By Product
- South Korea Bearings Market, By Application
- Rest of Asia-Pacific Bearings Market, By Product
- Rest of Asia-Pacific Bearings Market, By Application
- Asia-Pacific
-
- Rest of the World
- Rest of the World Bearings Market, By Country
- Rest of the World Bearings Market, By Product
- Rest of the World Bearings Market, By Application
- Brazil Bearings Market, By Product
- Brazil Bearings Market, By Application
- South Africa Bearings Market, By Product
- South Africa Bearings Market, By Application
- Saudi Arabia Bearings Market, By Product
- Saudi Arabia Bearings Market, By Application
- Turkey Bearings Market, By Product
- Turkey Bearings Market, By Application
- United Arab Emirates Bearings Market, By Product
- United Arab Emirates Bearings Market, By Application
- Others Bearings Market, By Product
- Others Bearings Market, By Application
- Rest of the World
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
3.2.1.1. Increasing Application in Paints and Coatings Industry
3.2.1.2. Growing Demand For Food and Beverages
3.2.1.3. Rising Application in Oil and Gas Industry
3.2.2. Restraints
3.2.2.1. Stringent Government Regulation
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities
4. Biocides Market, By Product
4.1. Introduction
4.2. Biocides Market Assessment and Forecast, By Product, 2012-2022
4.3. Metallic Compounds
4.3.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.4. Halogen Compounds
4.4.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.5. Organic Acids
4.5.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.6. Organosulfurs
4.6.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.7. Nitrogen
4.7.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.8. Phenolic
4.8.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.9. Other Products
4.9.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
5. Biocides Market, By Application
5.1. Introduction
5.2. The Biocides Market Assessment and Forecast, By Application, 2012-2022
5.3. Food and Beverage
5.3.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
5.4. Water Treatment
5.4.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
5.5. Wood Preservation
5.5.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
5.6. Personal Care
5.6.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
5.7. HVAC
5.7.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
5.8. Paints and Coatings
5.8.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
5.9. Oil and Gas
5.9.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
5.10. Fuels
5.10.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
5.11. Boilers
5.11.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
5.12. Other Application
5.12.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
6. Biocides Market, By Region
6.1. Introduction
6.2. Biocides Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.3. Biocides Market Assessment and Forecast, By Application , 2012-2022 ($Million)
6.4. North America
6.4.1. Market Assessment and Forecast, By Country, 2012-2022 ($Million)
6.4.2. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.4.3. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.4.4. U.S.
6.4.4.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.4.4.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.4.5. Canada
6.4.5.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.4.5.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.4.6. Mexico
6.4.6.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.4.6.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.5. Europe
6.5.1. Market Assessment and Forecast, By Country, 2012-2022 ($Million)
6.5.2. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.5.3. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.5.4. Germany
6.5.4.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.5.4.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.5.5. France
6.5.5.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.5.5.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.5.6. UK
6.5.6.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.5.6.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.5.7. Italy
6.5.7.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.5.7.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.5.8. Spain
6.5.8.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.5.8.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.5.9. Rest of Europe
6.5.9.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.5.9.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.6. Asia-Pacific
6.6.1. Market Assessment and Forecast, By Country, 2012-2022 ($Million)
6.6.2. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.6.3. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.6.4. Japan
6.6.4.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.6.4.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.6.5. China
6.6.5.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.6.5.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.6.6. Australia
6.6.6.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.6.6.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.6.7. India
6.6.7.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.6.7.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.6.8. South Korea
6.6.8.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.6.8.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.6.9. Rest of Asia-Pacific
6.6.9.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.6.9.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.7. Rest of the World
6.7.1. Market Assessment and Forecast, By Country, 2012-2022 ($Million)
6.7.2. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.7.3. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.7.4. Brazil
6.7.4.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.7.4.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.7.5. Turkey
6.7.5.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.7.5.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.7.6. Saudi Arabia
6.7.6.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.7.6.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.7.7. South Africa
6.7.7.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.7.7.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.7.8. United Arab Emirates
6.7.8.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.7.8.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.7.9. Others
6.7.9.1. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
6.7.9.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
7. Company Profiles
7.1. AkzoNobel N.V.
7.1.1. Business Overview
7.1.2. Product Portfolio
7.1.3. Key Financials
7.1.4. Strategic Developments
7.2. Albemarle Corporation
7.2.1. Business Overview
7.2.2. Product Portfolio
7.2.3. Key Financials
7.2.4. Strategic Developments
7.3. Arch Chemicals Inc
7.3.1. Business Overview
7.3.2. Product Portfolio
7.3.3. Strategic Developments
7.4. Champion Technologies
7.4.1. Business Overview
7.4.2. Product Portfolio
7.4.3. Strategic Developments
7.5. Lubrizol
7.5.1. Business Overview
7.5.2. Product Portfolio
7.5.3. Strategic Developments
7.6. Baker Hughes Incorporated.
7.6.1. Business Overview
7.6.2. Product Portfolio
7.6.3. Strategic Developments
7.7. Ashland Inc.
7.7.1. Business Overview
7.7.2. Product Portfolio
7.7.3. Key Financials
7.7.4. Strategic Developments
7.8. BASF
7.8.1. Business Overview
7.8.2. Product Portfolio
7.8.3. Key Financials
7.8.4. Strategic Developments
7.9. BWA Water Additives
7.9.1. Business Overview
7.9.2. Product Portfolio
7.9.3. Strategic Developments
7.10. GE Water and Process Technologies
7.10.1. Business Overview
7.10.2. Product Portfolio
7.10.3. Strategic Developments
List of Tables
Table 1.Global Biocides Market, By Product, 2012-2022 ($Million)
Table 2.Metallic Compounds Market, By Region, 2012-2022 ($Million)
Table 3.Halogen Compounds Market, By Region, 2012-2022 ($Million)
Table 4.Organic Acids Market, By Region, 2012-2022 ($Million)
Table 5.Organosulfures Market, By Region, 2012-2022 ($Million)
Table 6.Nitrogen Market, By Region, 2012-2022 ($Million)
Table 7.Phenolic Market, By Region, 2012-2022 ($Million)
Table 8.Other Product Market, By Region, 2012-2022 ($Million)
Table 9.Global Biocides Market, By Application, 2012-2022 ($Million)
Table 10.Food and Beverage Market, By Region, 2012-2022 ($Million)
Table 11.Water Treatment Market, By Region, 2012-2022 ($Million)
Table 12.Wood Preservation Market, By Region, 2012-2022 ($Million)
Table 13.Personal Care Market, By Region, 2012-2022 ($Million)
Table 14.HVAC Market, By Region, 2012-2022 ($Million)
Table 15.Paints and Coatings Market, By Region, 2012-2022 ($Million)
Table 16.Oil and Gas Market, By Region, 2012-2022 ($Million)
Table 17.Fuels Market, By Region, 2012-2022 ($Million)
Table 18.Boilers Market, By Region, 2012-2022 ($Million)
Table 19.Other Application Market, By Region, 2012-2022 ($Million)
Table 20.North America Biocides Market, By Country, 2012-2022 ($Million)
Table 21.North America Biocides Market, By Product, 2012-2022 ($Million)
Table 22.North America Biocides Market, By Application, 2012-2022 ($Million)
Table 23.U.S. Biocides Market, By Product, 2012-2022 ($Million)
Table 24.U.S. Biocides Market, By Application, 2012-2022 ($Million)
Table 25.Canada Biocides Market, By Product, 2012-2022 ($Million)
Table 26.Canada Biocides Market, By Application, 2012-2022 ($Million)
Table 27.Mexico Biocides Market, By Product, 2012-2022 ($Million)
Table 28.Mexico Biocides Market, By Application, 2012-2022 ($Million)
Table 29.Europe Biocides Market, By Country, 2012-2022 ($Million)
Table 30.Europe Biocides Market, By Product, 2012-2022 ($Million)
Table 31.Europe Biocides Market, By Application, 2012-2022 ($Million)
Table 32.Germany Biocides Market, By Product, 2012-2022 ($Million)
Table 33.Germany Biocides Market, By Application, 2012-2022 ($Million)
Table 34.France Biocides Market, By Product, 2012-2022 ($Million)
Table 35.France Biocides Market, By Application, 2012-2022 ($Million)
Table 36.UK Biocides Market, By Product, 2012-2022 ($Million)
Table 37.UK Biocides Market, By Application, 2012-2022 ($Million)
Table 38.Italy Biocides Market, By Product, 2012-2022 ($Million)
Table 39.Italy Biocides Market, By Application, 2012-2022 ($Million)
Table 40.Spain Biocides Market, By Product, 2012-2022 ($Million)
Table 41.Spain Biocides Market, By Application, 2012-2022 ($Million)
Table 42.Rest of Europe Biocides Market, By Product, 2012-2022 ($Million)
Table 43.Rest of Europe Biocides Market, By Application, 2012-2022 ($Million)
Table 44.Asia-Pacific Biocides Market, By Country, 2012-2022 ($Million)
Table 45.Asia-Pacific Biocides Market, By Product, 2012-2022 ($Million)
Table 46.Asia-Pacific Biocides Market, By Application, 2012-2022 ($Million)
Table 47.Japan Biocides Market, By Product, 2012-2022 ($Million)
Table 48.Japan Biocides Market, By Application, 2012-2022 ($Million)
Table 49.China Biocides Market, By Product, 2012-2022 ($Million)
Table 50.China Biocides Market, By Application, 2012-2022 ($Million)
Table 51.Australia Biocides Market, By Product, 2012-2022 ($Million)
Table 52.Australia Biocides Market, By Application, 2012-2022 ($Million)
Table 53.India Biocides Market, By Product, 2012-2022 ($Million)
Table 54.India Biocides Market, By Application, 2012-2022 ($Million)
Table 55.South Korea Biocides Market, By Product, 2012-2022 ($Million)
Table 56.South Korea Biocides Market, By Application, 2012-2022 ($Million)
Table 57.Rest of Asia-Pacific Biocides Market, By Product, 2012-2022 ($Million)
Table 58.Rest of Asia-Pacific Biocides Market, By Application, 2012-2022 ($Million)
Table 59.Rest of the World Biocides Market, By Country, 2012-2022 ($Million)
Table 60.Rest of the World Biocides Market, By Product, 2012-2022 ($Million)
Table 61.Rest of the World Biocides Market, By Application, 2012-2022 ($Million)
Table 62.Brazil Biocides Market, By Product, 2012-2022 ($Million)
Table 63.Brazil Biocides Market, By Application, 2012-2022 ($Million)
Table 64.Turkey Biocides Market, By Product, 2012-2022 ($Million)
Table 65.Turkey Biocides Market, By Application, 2012-2022 ($Million)
Table 66.Saudi Arabia Biocides Market, By Product, 2012-2022 ($Million)
Table 67.Saudi Arabia Biocides Market, By Application, 2012-2022 ($Million)
Table 68.South Africa Biocides Market, By Product, 2012-2022 ($Million)
Table 69.South Africa Biocides Market, By Application, 2012-2022 ($Million)
Table 70.United Arab Emirates Biocides Market, By Product, 2012-2022 ($Million)
Table 71.United Arab Emirates Biocides Market, By Application, 2012-2022 ($Million)
Table 72.Others Biocides Market, By Product, 2012-2022 ($Million)
Table 73.Others Biocides Market, By Application, 2012-2022 ($Million)
Table 74.AkzoNobel N.V.: Key Strategic Developments, 2017-2017
Table 75.Albemarle Corporation: Key Strategic Developments, 2017-2017
Table 76.Arch Chemicals Inc.: Key Strategic Developments, 2017-2017
Table 77.Champion Technologies: Key Strategic Developments, 2017-2017
Table 78.Lubrizol: Key Strategic Developments, 2017-2017
Table 79.Baker Hughes Incorporated.: Key Strategic Developments, 2017-2017
Table 80.Ashland Inc.: Key Strategic Developments, 2017-2017
Table 81.BASF: Key Strategic Developments, 2017-2017
Table 82.BWA Water Additives: Key Strategic Developments, 2017-2017
Table 83.GE Water and Process Technologies: Key Strategic Developments, 2017-2017
List of Figures
Figure 1.Global Biocides Market Share, By Product, 2017 & 2025
Figure 2.Global Biocides Market, By Application, 2017, ($Million)
Figure 3.Global Biocides Market, By Region, 2017, ($Million)
Figure 4.AkzoNobel N.V.: Net Revenues, 2017-2017 ($Million)
Figure 5.AkzoNobel N.V.: Net Revenue Share, By Segment, 2017
Figure 6.AkzoNobel N.V.: Net Revenue Share, By Geography, 2017
Figure 7.Albemarle Corporation: Net Revenues, 2017-2017 ($Million)
Figure 8.Albemarle Corporation: Net Revenue Share, By Segment, 2017
Figure 9.Albemarle Corporation: Net Revenue Share, By Geography, 2017
Figure 10.Ashland Inc.: Net Revenues, 2017-2017 ($Million)
Figure 11.Ashland Inc.: Net Revenue Share, By Segment, 2017
Figure 12.Ashland Inc.: Net Revenue Share, By Geography, 2017
Figure 13.BASF: Net Revenues, 2017-2017 ($Million)
Figure 14.BASF: Net Revenue Share, By Segment, 2017
Figure 15.BASF: 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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Data Collection Matrix |
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Demand Side |
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Secondary Data Sources |
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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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