Methyl Ester Sulfonate (fmes) Market By End User - Global Industry Analysis And Forecast To 2023
Published On : May 2022 Pages : 180 Category: Renewable Chemicals Report Code : CM05804
Industry Outlook and Trend Analysis
The Methyl Ester Sulfonate Market is anticipated to witness significant development throughout the following decade inferable from the developing requirement in different applications segments, for example, washing powder, cosmetics, and liquid detergents. Expanding demand for natural ingredients over the personal care and hair care segments additionally upgrades the worldwide MES demand. Developing awareness of consumers towards hygiene and cleanliness in nations, for example, Germany and Italy is anticipated to boost the detergent requirement throughout the following years.
End User Outlook and Trend Analysis
Cleansers developed as driving end-use section in 2017 and its income share is anticipated to develop at a significant CAGR throughout the following years. Stringent administrative rules in the laundry care area with respect to wastewater transfer can be credited to the existence of petrochemical surfactants and auxiliary agents.
Regional Outlook and Trend Analysis
Europe developed as the dominant MES consumer representing 32.8% of revenue share in 2017. Increasing preference of naturally extracted products combined with favourable regulatory scenario are anticipated to steer bio-based skin care and fabric care product demand over the forecast period. Methyl ester sulfonate demand in North America was over 110 kilo tons in 2017.
Competitive Insights
The leading players in the market are Jinchang Chemicals, Sun Products, Lion Corporation, Henan Surface Chemical Industry Co, Zanyu Technology Group, Fenchem, Chemithon, Emery Oleochemicals, PEMEX Chemicals and KLK Oleo. 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 Methyl Ester Sulfonate Market is segmented as follows-
By End User:
- Detergents
- Personal Care
- 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 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
· Methyl Ester Sulfonate (FMES) Market, By End User, Estimates and Forecast, 2014-2023($Million)
· Personal Care
· Detergents
· Other End Users
· Methyl Ester Sulfonate (FMES) Market, By Region, Estimates and Forecast, 2014-2023($Million)
o North America
§ North America Methyl Ester Sulfonate (FMES) Market, By Country
o U.S. Methyl Ester Sulfonate (FMES) Market
o Canada Methyl Ester Sulfonate (FMES) Market
o Mexico Methyl Ester Sulfonate (FMES) Market
o Europe
§ Europe Methyl Ester Sulfonate (FMES) Market, By Country
o Germany Methyl Ester Sulfonate (FMES) Market
o UK Methyl Ester Sulfonate (FMES) Market
o France Methyl Ester Sulfonate (FMES) Market
o Russia Methyl Ester Sulfonate (FMES) Market
o Italy Methyl Ester Sulfonate (FMES) Market
o Rest of Europe Methyl Ester Sulfonate (FMES) Market
o Asia-Pacific
§ Asia-Pacific Methyl Ester Sulfonate (FMES) Market, By Country
o China Methyl Ester Sulfonate (FMES) Market
o Japan Methyl Ester Sulfonate (FMES) Market
o South Korea Methyl Ester Sulfonate (FMES) Market
o India Methyl Ester Sulfonate (FMES) Market
o Southeast Asia Methyl Ester Sulfonate (FMES) Market
o Rest of Asia-Pacific Methyl Ester Sulfonate (FMES) Market
o South America
§ South America Methyl Ester Sulfonate (FMES) Market
o Brazil Methyl Ester Sulfonate (FMES) Market
o Argentina Methyl Ester Sulfonate (FMES) Market
o Columbia Methyl Ester Sulfonate (FMES) Market
o South Africa Methyl Ester Sulfonate (FMES) Market
o Rest of South America Methyl Ester Sulfonate (FMES) Market
o Middle East and Africa
§ Middle East and Africa Methyl Ester Sulfonate (FMES) Market
o Saudi Arabia Methyl Ester Sulfonate (FMES) Market
o UAE Methyl Ester Sulfonate (FMES) Market
o Egypt Methyl Ester Sulfonate (FMES) Market
o Nigeria Methyl Ester Sulfonate (FMES) Market
o South Africa Methyl Ester Sulfonate (FMES) Market
o Rest of MEA Methyl Ester Sulfonate (FMES) Market
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. Unstable Petrochemical Prices
3.2.1.2. Growing Demand for Sustainable and Biodegradable Products
3.2.2. Restraints
3.2.2.1. Change in Environment
3.2.3. Opportunities
3.2.3.1. Emerging Countries 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 (2017-2023)
4.1.2. Canada Market States and Outlook (2017-2023)
4.1.3. Mexico Market States and Outlook (2017-2023)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1. Germany Market States and Outlook (2017-2023)
4.2.2. France Market States and Outlook (2017-2023)
4.2.3. UK Market States and Outlook (2017-2023)
4.2.4. Russia Market States and Outlook (2017-2023)
4.2.5. Italy Market States and Outlook (2017-2023)
4.2.6. Rest of Europe Market States and Outlook (2017-2023)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1. China Market States and Outlook (2017-2023)
4.3.2. Japan Market States and Outlook (2017-2023)
4.3.3. Korea Market States and Outlook (2017-2023)
4.3.4. India Market States and Outlook (2017-2023)
4.3.5. Rest of Asia-Pacific Market States and Outlook (2017-2023)
4.4. South America (Brazil, Argentina, Columbia and Rest of South America)
4.4.1. Brazil Market States and Outlook (2017-2023)
4.4.2. Argentina Market States and Outlook (2017-2023)
4.4.3. Columbia Market States and Outlook (2017-2023)
4.4.4. Rest of South America Market States and Outlook (2017-2023)
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 (2017-2023)
4.5.2. UAE Market States and Outlook (2017-2023)
4.5.3. Egypt Market States and Outlook (2017-2023)
4.5.4. Nigeria Market States and Outlook (2017-2023)
4.5.5. South Africa Market States and Outlook (2017-2023)
4.5.6. Rest of MEA Market States and Outlook (2017-2023)
5. Methyl Ester Sulfonate (FMES) Market, By End User
5.1. Introduction
5.2. Global Methyl Ester Sulfonate (FMES) Sales, Revenue and Market Share by End User (2017-2027)
5.2.1. Global Methyl Ester Sulfonate (FMES) Sales and Sales Share by End User (2017-2027)
5.2.2. Global Methyl Ester Sulfonate (FMES) Revenue and Revenue Share by End User (2017-2027)
5.3. Personal Care
5.3.1. Global Personal Care Sales and Growth Rate (2017-2027)
5.4. Detergents
5.4.1. Global Detergents Sales and Growth Rate (2017-2027)
5.5. Other End Users
5.5.1. Global Other End Users Sales and Growth Rate (2017-2027)
6. Methyl Ester Sulfonate (FMES) Market, By Region
6.1. Introduction
6.2. Global Methyl Ester Sulfonate (FMES) Sales, Revenue and Market Share by Regions
6.2.1. Global Methyl Ester Sulfonate (FMES) Sales by Regions (2017-2027)
6.2.2. Global Methyl Ester Sulfonate (FMES) Revenue by Regions (2017-2027)
6.3. North America Methyl Ester Sulfonate (FMES) by Countries
6.3.1. North America Methyl Ester Sulfonate (FMES) Sales and Growth Rate (2017-2027)
6.3.2. North America Methyl Ester Sulfonate (FMES) Revenue and Growth Rate (2017-2027)
6.3.3. North America Methyl Ester Sulfonate (FMES) Sales by Countries (2017-2027)
6.3.4. North America Methyl Ester Sulfonate (FMES) Revenue (Million USD) by Countries (2017-2027)
6.3.5. U.S.
6.3.5.1. United States Methyl Ester Sulfonate (FMES) Sales and Growth Rate (2017-2027)
6.3.5.2. United States Methyl Ester Sulfonate (FMES) Revenue (Millions USD) and Growth Rate (2017-2027)
6.3.6. Canada
6.3.6.1. Canada Methyl Ester Sulfonate (FMES) Sales and Growth Rate (2017-2027)
6.3.6.2. Canada Methyl Ester Sulfonate (FMES) Sales (Millions USD) and Growth Rate (2017-2027)
6.3.7. Mexico
6.3.7.1. Mexico Methyl Ester Sulfonate (FMES) Sales and Growth Rate (2017-2027)
6.3.7.2. Mexico Methyl Ester Sulfonate (FMES) Revenue (Millions USD) and Growth Rate (2017-2027)
6.4. Europe Methyl Ester Sulfonate (FMES) by Countries
6.4.1. Europe Methyl Ester Sulfonate (FMES) Sales and Growth Rate (2017-2027)
6.4.2. Europe Methyl Ester Sulfonate (FMES) Revenue and Growth Rate (2017-2027)
6.4.3. Europe Methyl Ester Sulfonate (FMES) Sales by Countries (2017-2027)
6.4.4. Europe Methyl Ester Sulfonate (FMES) Revenue (Million USD) by Countries (2017-2027)
6.4.5. Germany
6.4.5.1. Germany Methyl Ester Sulfonate (FMES) Sales and Growth Rate (2017-2027)
6.4.5.2. Germany Methyl Ester Sulfonate (FMES) Revenue (Millions USD) and Growth Rate (2017-2027)
6.4.6. UK
6.4.6.1. UK Methyl Ester Sulfonate (FMES) Sales and Growth Rate (2017-2027)
6.4.6.2. UK Methyl Ester Sulfonate (FMES) Revenue (Millions USD) and Growth Rate (2017-2027)
6.4.7. France
6.4.7.1. France Methyl Ester Sulfonate (FMES) Sales and Growth Rate (2017-2027)
6.4.7.2. France Methyl Ester Sulfonate (FMES) Revenue (Millions USD) and Growth Rate (2017-2027)
6.4.8. Russia
6.4.8.1. Russia Methyl Ester Sulfonate (FMES) Sales and Growth Rate (2017-2027)
6.4.8.2. Russia Methyl Ester Sulfonate (FMES) Revenue (Millions USD) and Growth Rate (2017-2027)
6.4.9. Italy
6.4.9.1. Italy Methyl Ester Sulfonate (FMES) Sales and Growth Rate (2017-2027)
6.4.9.2. Italy Methyl Ester Sulfonate (FMES) Revenue (Millions USD) and Growth Rate (2017-2027)
6.4.10. Rest of Europe
6.4.10.1. Rest of Europe Methyl Ester Sulfonate (FMES) Sales and Growth Rate (2017-2027)
6.4.10.2. Rest of Europe Methyl Ester Sulfonate (FMES) Revenue (Millions USD) and Growth Rate (2017-2027)
6.5. Asia-Pacific
6.5.1. Asia-Pacific Methyl Ester Sulfonate (FMES) Sales and Growth Rate (2017-2027)
6.5.2. Asia-Pacific Methyl Ester Sulfonate (FMES) Revenue and Growth Rate (2017-2027)
6.5.3. Asia-Pacific Methyl Ester Sulfonate (FMES) Sales by Countries (2017-2027)
6.5.4. Asia-Pacific Methyl Ester Sulfonate (FMES) Revenue (Million USD) by Countries (2017-2027)
6.5.5. China
6.5.5.1. China Methyl Ester Sulfonate (FMES) Sales and Growth Rate (2017-2027)
6.5.5.2. China Methyl Ester Sulfonate (FMES) Revenue (Millions USD) and Growth Rate (2017-2027)
6.5.6. Japan
6.5.6.1. Japan Methyl Ester Sulfonate (FMES) Sales and Growth Rate (2017-2027)
6.5.6.2. Japan Methyl Ester Sulfonate (FMES) Revenue (Millions USD) and Growth Rate (2017-2027)
6.5.6.3.
6.5.7. Korea
6.5.7.1. Korea Methyl Ester Sulfonate (FMES) Sales and Growth Rate (2017-2027)
6.5.7.2. Korea Methyl Ester Sulfonate (FMES) Revenue (Millions USD) and Growth Rate (2017-2027)
6.5.8. India
6.5.8.1. India Methyl Ester Sulfonate (FMES) Sales and Growth Rate (2017-2027)
6.5.8.2. India Methyl Ester Sulfonate (FMES) Revenue (Millions USD) and Growth Rate (2017-2027)
6.5.9. Southeast Asia
6.5.9.1. Southeast Asia Methyl Ester Sulfonate (FMES) Sales and Growth Rate (2017-2027)
6.5.9.2. Southeast Asia Methyl Ester Sulfonate (FMES) Revenue (Millions USD) and Growth Rate (2017-2027)
6.5.10. Rest of Asia-Pacific
6.5.10.1. Rest of Asia-Pacific Methyl Ester Sulfonate (FMES) Sales and Growth Rate (2017-2027)
6.5.10.2. Rest of Asia-Pacific Methyl Ester Sulfonate (FMES) Revenue (Millions USD) and Growth Rate (2017-2027)
6.6. South America
6.6.1. South America Methyl Ester Sulfonate (FMES) Sales and Growth Rate (2017-2027)
6.6.2. South America Methyl Ester Sulfonate (FMES) Revenue and Growth Rate (2017-2027)
6.6.3. South America Methyl Ester Sulfonate (FMES) Sales by Countries (2017-2027)
6.6.4. South America Methyl Ester Sulfonate (FMES) Revenue (Million USD) by Countries (2017-2027)
6.6.5. Brazil
6.6.5.1. Brazil Methyl Ester Sulfonate (FMES) Sales and Growth Rate (2017-2027)
6.6.5.2. Brazil Methyl Ester Sulfonate (FMES) Revenue (Millions USD) and Growth Rate (2017-2027)
6.6.6. Argentina
6.6.6.1. Argentina Methyl Ester Sulfonate (FMES) Sales and Growth Rate (2017-2027)
6.6.6.2. Argentina Methyl Ester Sulfonate (FMES) Revenue (Millions USD) and Growth Rate (2017-2027)
6.6.7. Columbia
6.6.7.1. Columbia Methyl Ester Sulfonate (FMES) Sales and Growth Rate (2017-2027)
6.6.7.2. Columbia Methyl Ester Sulfonate (FMES) Revenue (Millions USD) and Growth Rate (2017-2027)
6.6.8. Rest of South America
6.6.8.1. Rest of South America Methyl Ester Sulfonate (FMES) Sales and Growth Rate (2017-2027)
6.6.8.2. Rest of South America Methyl Ester Sulfonate (FMES) Revenue (Millions USD) and Growth Rate (2017-2027)
6.7. Middle East and Africa
6.7.1. Middle East and Africa Methyl Ester Sulfonate (FMES) Sales and Growth Rate (2017-2027)
6.7.2. Middle East and Africa Methyl Ester Sulfonate (FMES) Revenue and Growth Rate (2017-2027)
6.7.3. Middle East and Africa Methyl Ester Sulfonate (FMES) Sales by Countries (2017-2027)
6.7.4. Middle East and Africa Methyl Ester Sulfonate (FMES) Revenue (Million USD) by Countries (2017-2027)
6.7.5. Saudi Arabia
6.7.5.1. Saudi Arabia Methyl Ester Sulfonate (FMES) Sales and Growth Rate (2017-2027)
6.7.5.2. Saudi Arabia Methyl Ester Sulfonate (FMES) Revenue (Millions USD) and Growth Rate (2017-2027)
6.7.6. United Arab Emirates
6.7.6.1. United Arab Emirates Methyl Ester Sulfonate (FMES) Sales and Growth Rate (2017-2027)
6.7.6.2. United Arab Emirates Methyl Ester Sulfonate (FMES) Revenue (Millions USD) and Growth Rate (2017-2027)
6.7.7. Egypt
6.7.7.1. Egypt Methyl Ester Sulfonate (FMES) Sales and Growth Rate (2017-2027)
6.7.7.2. Egypt Methyl Ester Sulfonate (FMES) Revenue (Millions USD) and Growth Rate (2017-2027)
6.7.8. Nigeria
6.7.8.1. Nigeria Methyl Ester Sulfonate (FMES) Sales and Growth Rate (2017-2027)
6.7.8.2. Nigeria Methyl Ester Sulfonate (FMES) Revenue (Millions USD) and Growth Rate (2017-2027)
6.7.9. South Africa
6.7.9.1. South Africa Methyl Ester Sulfonate (FMES) Sales and Growth Rate (2017-2027)
6.7.9.2. South Africa Methyl Ester Sulfonate (FMES) Revenue (Millions USD) and Growth Rate (2017-2027)
6.7.10. Rest of Middle East and Africa
6.7.10.1. Rest of Middle East and Africa Methyl Ester Sulfonate (FMES) Sales and Growth Rate (2017-2027)
6.7.10.2. Rest of Middle East and Africa Methyl Ester Sulfonate (FMES) Revenue (Millions USD) and Growth Rate (2017-2027)
7. Company Profiles
7.1. The Chemithon Corporation
7.1.1. Business Overview
7.1.2. Product Portfolio
7.1.3. Strategic Developments
7.1.4. Sales, Revenue and Market Share
7.2. China Factories Group Company
7.2.1. Business Overview
7.2.2. Product Portfolio
7.2.3. Strategic Developments
7.2.4. Sales, Revenue and Market Share
7.3. Fenchem
7.3.1. Business Overview
7.3.2. Product Portfolio
7.3.3. Strategic Developments
7.3.4. Sales, Revenue and Market Share
7.4. Henan Surface Chemical Industry Co., Ltd.
7.4.1. Business Overview
7.4.2. Product Portfolio
7.4.3. Strategic Developments
7.4.4. Sales, Revenue and Market Share
7.5. Jinchang Chemical
7.5.1. Business Overview
7.5.2. Product Portfolio
7.5.3. Strategic Developments
7.5.4. Sales, Revenue and Market Share
7.6. KPL International
7.6.1. Business Overview
7.6.2. Product Portfolio
7.6.3. Strategic Developments
7.6.4. Sales, Revenue and Market Share
7.7. Lion Corporation
7.7.1. Business Overview
7.7.2. Product Portfolio
7.7.3. Strategic Developments
7.7.4. Sales, Revenue and Market Share
7.8. Pemex Chemicals
7.8.1. Business Overview
7.8.2. Product Portfolio
7.8.3. Strategic Developments
7.8.4. Sales, Revenue and Market Share
7.9. The Sun Products Corporation
7.9.1. Business Overview
7.9.2. Product Portfolio
7.9.3. Strategic Developments
7.9.4. Sales, Revenue and Market Share
7.10. Zanyu Technology Group Co., Ltd.
7.10.1. Business Overview
7.10.2. Product Portfolio
7.10.3. Strategic Developments
7.10.4. Sales, Revenue and Market Share
8. Global Methyl Ester Sulfonate (FMES) Market Competition, by Manufacturer
8.1. Global Methyl Ester Sulfonate (FMES) Sales and Market Share by Manufacturer (2017-2017)
8.2. Global Methyl Ester Sulfonate (FMES) Revenue and Market Share by Manufacturer (2017-2017)
8.3. Global Methyl Ester Sulfonate (FMES) Price by Manufacturer (2017-2017)
8.4. Top 5 Methyl Ester Sulfonate (FMES) Manufacturer Market Share
8.5. Market Competition Trend
9. Methyl Ester Sulfonate (FMES) Market Forecast (2027-2023)
9.1. Global Methyl Ester Sulfonate (FMES) Sales, Revenue (Millions USD) and Growth Rate (2027-2023)
9.2. Methyl Ester Sulfonate (FMES) Market Forecast by Regions (2027-2023)
9.2.1. North America Methyl Ester Sulfonate (FMES) Market Forecast (2027-2023)
9.2.1.1. United States Methyl Ester Sulfonate (FMES) Market Forecast (2027-2023)
9.2.1.2. Canada Methyl Ester Sulfonate (FMES) Market Forecast (2027-2023)
9.2.1.3. Mexico Methyl Ester Sulfonate (FMES) Market Forecast (2027-2023)
9.2.2. Europe Methyl Ester Sulfonate (FMES) Market Forecast (2027-2023)
9.2.2.1. Germany Methyl Ester Sulfonate (FMES) Market Forecast (2027-2023)
9.2.2.2. United Kingdom Methyl Ester Sulfonate (FMES)s Market Forecast (2027-2023)
9.2.2.3. France Methyl Ester Sulfonate (FMES) Market Forecast (2027-2023)
9.2.2.4. Russia Methyl Ester Sulfonate (FMES) Market Forecast (2027-2023)
9.2.2.5. Italy Methyl Ester Sulfonate (FMES) Market Forecast (2027-2023)
9.2.2.6. Rest of the Europe Methyl Ester Sulfonate (FMES) Market Forecast (2027-2023)
9.2.3. Asia-Pacific Methyl Ester Sulfonate (FMES) Market Forecast (2027-2023)
9.2.3.1. China Methyl Ester Sulfonate (FMES) Market Forecast (2027-2023)
9.2.3.2. Japan Methyl Ester Sulfonate (FMES) Market Forecast (2027-2023)
9.2.3.3. Korea Methyl Ester Sulfonate (FMES) Market Forecast (2027-2023)
9.2.3.4. India Methyl Ester Sulfonate (FMES) Market Forecast (2027-2023)
9.2.3.5. Southeast Asia Methyl Ester Sulfonate (FMES) Market Forecast (2027-2023)
9.2.3.6. Rest of Asia-Pacific Methyl Ester Sulfonate (FMES) Market Forecast (2027-2023)
9.2.4. South America Methyl Ester Sulfonate (FMES) Market Forecast (2027-2023)
9.2.4.1. Brazil Methyl Ester Sulfonate (FMES) Market Forecast (2027-2023)
9.2.4.2. Argentina Methyl Ester Sulfonate (FMES) Market Forecast (2027-2023)
9.2.4.3. Columbia Methyl Ester Sulfonate (FMES) Market Forecast (2027-2023)
9.2.4.4. Rest of South America Methyl Ester Sulfonate (FMES) Market Forecast (2027-2023)
9.2.5. Middle East and Africa Methyl Ester Sulfonate (FMES) Market Forecast (2027-2023)
9.2.5.1. Saudi Arabia Methyl Ester Sulfonate (FMES) Market Forecast (2027-2023)
9.2.5.2. UAE Methyl Ester Sulfonate (FMES) Market Forecast (2027-2023)
9.2.5.3. Egypt Methyl Ester Sulfonate (FMES) Market Forecast (2027-2023)
9.2.5.4. Nigeria Methyl Ester Sulfonate (FMES) Market Forecast (2027-2023)
9.2.5.5. South Africa Methyl Ester Sulfonate (FMES) Market Forecast (2027-2023)
9.2.5.6. Rest of MEA Methyl Ester Sulfonate (FMES) Market Forecast (2027-2023)
9.3. Methyl Ester Sulfonate (FMES) Market Forecast by End User (2027-2023)
9.3.1. Global Methyl Ester Sulfonate (FMES) Sales Forecast by End User (2027-2023)
9.3.2. Global Methyl Ester Sulfonate (FMES) Sales Market Share Forecast by End User (2027-2023)
List of Tables
*You can glance through the list of Tables and Figures when you view the sample copy of Methyl Ester Sulfonate (FMES) 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
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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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