Tannin Market By Application, Product and Source- Global Industry Analysis and Forecast to 2023
Published On : April 2018 Pages : 100 Category: Advanced Materials Report Code : CM04703
The Tannin Market was worth USD 1.53 billion in 2017 and is expected to reach approximately USD 2.74 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 6.71% during the forecast period. Expanding demand from the leather production and wine making industry is foreseen to be a key factor driving business sector development. Tannin, an astringent biomolecule is separated from plants and natural products. It is found in different parts of plants including, seeds, roots, barks, leaves, and stem tissues Plants are a rich source of tannin content, which shields them from predation and also helps for their development control. Natural products with rich tannin content incorporate strawberries, grapes, hazelnuts, blueberries, oranges, walnuts, cranberries, and pecans.
Source Outlook and Trend Analysis
Tannins occur in different species in the plant kingdom. The most well-known occurrence of tannins is found in angiosperms and gymnosperms. Different species which likewise have tannin in plenitude incorporate, bixaceae, aceraceae, myriacaceae, burseraceae, ericaceae, dipterocarpaceae, grossulariaceae, combretaceae, actinidiaceae, najadaceae, and typhaceae. Dense tannins are the most plentiful organic mixes, which are found in all groups of plants.
Product Outlook and Trend Analysis
Hydrolysable tannins when heated form Gallic acids. These products have valuable antibacterial impacts and consequently are additionally used as a part of the production of pharmaceuticals. Recent investigations have likewise proposed that hydrolysable are useful against tumour. Non-hydrolysable is otherwise called consolidated tannins. These products are detailed when the plant removes are consolidated.
Application Outlook and Trend Analysis
The worldwide demand has seen a change in outlook attributable to the rising awareness among customers with respect to the benefits of tannin. Leather tanning rose as the biggest application portion and represented more than 62.3% of the aggregate market income in 2017. Tannins are insoluble proteins and don't decay. Attributable to this property, they are used for the assembling of leather. In cowhide tanning forms, the skins of creatures are dealt with. The interest for leather is expanding inferable from its differed applications in furniture, clothing, and automotive seats.
Regional Outlook and Trend Analysis
Europe was the main area and represented around 38% of the aggregate income in 2017. The wine business is profoundly developed in Europe, and in this way the prerequisite of tannin in the area is high. Especially France has an entrenched wine industry and along these lines have a vast offer in the worldwide market. Europe was trailed by North America which represented critical offer of the aggregate income in 2017.
Competitive Insights
The leading players in the market are Laffort SA, Tannin Corporation, W. Ulrich GmbH and Ajinomoto Omnichem. Application advancement and modified products are anticipated to be the key parameter for being focused in this industry, with visit joint endeavors, mergers, and acquisitions being embraced as an endeavor to broaden product portfolio and pick up piece of the overall industry.
The Tannin Market is segmented as follows-
By Source:
- Brown Algae
- Plants
By Product:
- Non-hydrolysable
- Hydrolysable
- Phlorotannins
By Application:
- Wine Production
- Anti-corrosive Primers
- Leather Tanning
- Wood Adhesives
- 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
· Tannin Market, By Application, Estimates and Forecast, 2014-2023($Billion)
o Leather Tanning
o Wine Production
o Wood Adhesives
o Anti-corrosive Primers
o Other Applications
· Tannin Market, By Product, Estimates and Forecast, 2014-2023($Billion)
o Hydrolysable
o Non-hydrolysable
o Phlorotannins
· Tannin Market, By Source, Estimates and Forecast, 2014-2023($Billion)
o Plants
o Brown Algae
· Tannin Market, By Region, Estimates and Forecast, 2014-2023($Billion)
o North America
§ North America Tannin Market, By Country
§ North America Tannin Market, By Application
§ North America Tannin Market, By Product
§ North America Tannin Market, By Source
o U.S. Tannin Market, By Application
o U.S. Tannin Market, By Product
o U.S. Tannin Market, By Source
o Canada Tannin Market, By Application
o Canada Tannin Market, By Product
o Canada Tannin Market, By Source
o Mexico Tannin Market, By Application
o Mexico Tannin Market, By Product
o Mexico Tannin Market, By Source
o Europe
§ Europe Tannin Market, By Country
§ Europe Tannin Market, By Application
§ Europe Tannin Market, By Product
§ Europe Tannin Market, By Source
o Germany Tannin Market, By Application
o Germany Tannin Market, By Product
o Germany Tannin Market, By Source
o France Tannin Market, By Application
o France Tannin Market, By Product
o France Tannin Market, By Source
o UK Tannin Market, By Application
o UK Tannin Market, By Product
o UK Tannin Market, By Source
o Italy Tannin Market, By Application
o Italy Tannin Market, By Product
o Italy Tannin Market, By Source
o Spain Tannin Market, By Application
o Spain Tannin Market, By Product
o Spain Tannin Market, By Source
o Rest of Europe Tannin Market, By Application
o Rest of Europe Tannin Market, By Product
o Rest of Europe Tannin Market, By Source
o Asia-Pacific
§ Asia-Pacific Tannin Market, By Country
§ Asia-Pacific Tannin Market, By Application
§ Asia-Pacific Tannin Market, By Product
§ Asia-Pacific Tannin Market, By Source
o Japan Tannin Market, By Application
o Japan Tannin Market, By Product
o Japan Tannin Market, By Source
o Australia Tannin Market, By Application
o Australia Tannin Market, By Product
o Australia Tannin Market, By Source
o India Tannin Market, By Application
o India Tannin Market, By Product
o India Tannin Market, By Source
o South Korea Tannin Market, By Application
o South Korea Tannin Market, By Product
o South Korea Tannin Market, By Source
o Rest of Asia-Pacific Tannin Market, By Application
o Rest of Asia-Pacific Tannin Market, By Product
o Rest of Asia-Pacific Tannin Market, By Source
o Rest of the World
§ Rest of the World Tannin Market, By Country
§ Rest of the World Tannin Market, By Application
§ Rest of the World Tannin Market, By Product
§ Rest of the World Tannin Market, By Source
o Brazil Tannin Market, By Application
o Brazil Tannin Market, By Product
o Brazil Tannin Market, By Source
o South Africa Tannin Market, By Application
o South Africa Tannin Market, By Product
o South Africa Tannin Market, By Source
o Saudi Arabia Tannin Market, By Application
o Saudi Arabia Tannin Market, By Product
o Saudi Arabia Tannin Market, By Source
o Turkey Tannin Market, By Application
o Turkey Tannin Market, By Product
o Turkey Tannin Market, By Source
o United Arab Emirates Tannin Market, By Application
o United Arab Emirates Tannin Market, By Product
o United Arab Emirates Tannin Market, By Source
o Others Tannin Market, By Application
o Others Tannin Market, By Product
o Others Tannin Market, By Source
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. High Anti-Oxidation Properties of Tannin
3.2.1.2. Increasing Demand From Leather Industry
3.2.2. Restraints
3.2.2.1. Carcinogenic Effects of Tannin
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. Tannin Market, By Application
5.1. Introduction
5.2. Global Tannin Sales, Revenue and Market Share by Application (2017-2017)
5.2.1. Global Tannin Sales and Sales Share by Application (2017-2017)
5.2.2. Global Tannin Revenue and Revenue Share by Application (2017-2017)
5.3. Tannin Market Assessment and Forecast, By Application, 2017-2023
5.4. Leather Tanning
5.4.1. Global Leather Tanning Sales and Growth Rate (2017-2027)
5.5. Wine Production
5.5.1. Global Wine Production Sales and Growth Rate (2017-2027)
5.6. Wood Adhesives
5.6.1. Global Wood Adhesives Sales and Growth Rate (2017-2027)
5.7. Anti-corrosive Primers
5.7.1. Global Anti-Corrosive Primers Sales and Growth Rate (2017-2027)
5.8. Other Applications
5.8.1. Global Other Applications Sales and Growth Rate (2017-2027)
6. Tannin Market, By Product
6.1. Introduction
6.2. Global Tannin Sales, Revenue and Market Share by Product (2017-2017)
6.2.1. Global Tannin Sales and Sales Share by Product (2017-2017)
6.2.2. Global Tannin Revenue and Revenue Share by Product (2017-2017)
6.3. Tannin Market Assessment and Forecast, By Product, 2017-2023
6.4. Hydrolysable
6.4.1. Global Hydrolysable Sales and Growth Rate (2017-2027)
6.5. Non-Hydrolysable
6.5.1. Global Non-Hydrolysable Sales and Growth Rate (2017-2027)
6.6. Phlorotannins
6.6.1. Global Phlorotannins Sales and Growth Rate (2017-2027)
7. Tannin Market, By Source
7.1. Introduction
7.2. Global Tannin Sales, Revenue and Market Share by Source (2017-2017)
7.2.1. Global Tannin Sales and Sales Share by Source (2017-2017)
7.2.2. Global Tannin Revenue and Revenue Share by Source (2017-2017)
7.3. Tannin Market Assessment and Forecast, By Source, 2017-2023($Billion)
7.4. Plants
7.4.1. Global Plants Sales and Growth Rate (2017-2027)
7.5. Brown Algae
7.5.1. Global Brown Algae Sales and Growth Rate (2017-2027)
8. Tannin Market, By Region
8.1. Introduction
8.2. Global Tannin Sales, Revenue and Market Share by Regions
8.2.1. Global Tannin Sales by Regions (2017-2027)
8.2.2. Global Tannin Revenue by Regions (2017-2027)
8.3. North America Tannin by Countries
8.3.1. North America Tannin Sales and Growth Rate (2017-2027)
8.3.2. North America Tannin Revenue and Growth Rate (2017-2027)
8.3.3. North America Tannin Sales by Countries (2017-2027)
8.3.4. North America Tannin Revenue (Million USD) by Countries (2017-2027)
8.3.5. U.S.
8.3.5.1. United States Tannin Sales and Growth Rate (2017-2027)
8.3.5.2. United States Tannin Revenue (Millions USD) and Growth Rate (2017-2027)
8.3.6. Canada
8.3.6.1. Canada Tannin Sales and Growth Rate (2017-2027)
8.3.6.2. Canada Tannin Sales (Millions USD) and Growth Rate (2017-2027)
8.3.7. Mexico
8.3.7.1. Mexico Tannin Sales and Growth Rate (2017-2027)
8.3.7.2. Mexico Tannin Revenue (Millions USD) and Growth Rate (2017-2027)
8.4. Europe Tannin by Countries
8.4.1. Europe Tannin Sales and Growth Rate (2017-2027)
8.4.2. Europe Tannin Revenue and Growth Rate (2017-2027)
8.4.3. Europe Tannin Sales by Countries (2017-2027)
8.4.4. Europe Tannin Revenue (Million USD) by Countries (2017-2027)
8.4.5. Germany
8.4.5.1. Germany Tannin Sales and Growth Rate (2017-2027)
8.4.5.2. Germany Tannin Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.6. UK
8.4.6.1. UK Tannin Sales and Growth Rate (2017-2027)
8.4.6.2. UK Tannin Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.7. France
8.4.7.1. France Tannin Sales and Growth Rate (2017-2027)
8.4.7.2. France Tannin Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.8. Russia
8.4.8.1. Russia Tannin Sales and Growth Rate (2017-2027)
8.4.8.2. Russia Tannin Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.9. Italy
8.4.9.1. Italy Tannin Sales and Growth Rate (2017-2027)
8.4.9.2. Italy Tannin Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.10. Rest of Europe
8.4.10.1. Rest of Europe Tannin Sales and Growth Rate (2017-2027)
8.4.10.2. Rest of Europe Tannin Revenue (Millions USD) and Growth Rate (2017-2027)
8.5. Asia-Pacific
8.5.1. Asia-Pacific Tannin Sales and Growth Rate (2017-2027)
8.5.2. Asia-Pacific Tannin Revenue and Growth Rate (2017-2027)
8.5.3. Asia-Pacific Tannin Sales by Countries (2017-2027)
8.5.4. Asia-Pacific Tannin Revenue (Million USD) by Countries (2017-2027)
8.5.5. China
8.5.5.1. China Tannin Sales and Growth Rate (2017-2027)
8.5.5.2. China Tannin Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.6. Japan
8.5.6.1. Japan Tannin Sales and Growth Rate (2017-2027)
8.5.6.2. Japan Tannin Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.6.3.
8.5.7. Korea
8.5.7.1. Korea Tannin Sales and Growth Rate (2017-2027)
8.5.7.2. Korea Tannin Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.8. India
8.5.8.1. India Tannin Sales and Growth Rate (2017-2027)
8.5.8.2. India Tannin Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.9. Southeast Asia
8.5.9.1. Southeast Asia Tannin Sales and Growth Rate (2017-2027)
8.5.9.2. Southeast Asia Tannin Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.10. Rest of Asia-Pacific
8.5.10.1. Rest of Asia-Pacific Tannin Sales and Growth Rate (2017-2027)
8.5.10.2. Rest of Asia-Pacific Tannin Revenue (Millions USD) and Growth Rate (2017-2027)
8.6. South America
8.6.1. South America Tannin Sales and Growth Rate (2017-2027)
8.6.2. South America Tannin Revenue and Growth Rate (2017-2027)
8.6.3. South America Tannin Sales by Countries (2017-2027)
8.6.4. South America Tannin Revenue (Million USD) by Countries (2017-2027)
8.6.5. Brazil
8.6.5.1. Brazil Tannin Sales and Growth Rate (2017-2027)
8.6.5.2. Brazil Tannin Revenue (Millions USD) and Growth Rate (2017-2027)
8.6.6. Argentina
8.6.6.1. Argentina Tannin Sales and Growth Rate (2017-2027)
8.6.6.2. Argentina Tannin Revenue (Millions USD) and Growth Rate (2017-2027)
8.6.7. Columbia
8.6.7.1. Columbia Tannin Sales and Growth Rate (2017-2027)
8.6.7.2. Columbia Tannin Revenue (Millions USD) and Growth Rate (2017-2027)
8.6.8. Rest of South America
8.6.8.1. Rest of South America Tannin Sales and Growth Rate (2017-2027)
8.6.8.2. Rest of South America Tannin Revenue (Millions USD) and Growth Rate (2017-2027)
8.7. Middle East and Africa
8.7.1. Middle East and Africa Tannin Sales and Growth Rate (2017-2027)
8.7.2. Middle East and Africa Tannin Revenue and Growth Rate (2017-2027)
8.7.3. Middle East and Africa Tannin Sales by Countries (2017-2027)
8.7.4. Middle East and Africa Tannin Revenue (Million USD) by Countries (2017-2027)
8.7.5. Saudi Arabia
8.7.5.1. Saudi Arabia Tannin Sales and Growth Rate (2017-2027)
8.7.5.2. Saudi Arabia Tannin Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.6. United Arab Emirates
8.7.6.1. United Arab Emirates Tannin Sales and Growth Rate (2017-2027)
8.7.6.2. United Arab Emirates Tannin Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.7. Egypt
8.7.7.1. Egypt Tannin Sales and Growth Rate (2017-2027)
8.7.7.2. Egypt Tannin Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.8. Nigeria
8.7.8.1. Nigeria Tannin Sales and Growth Rate (2017-2027)
8.7.8.2. Nigeria Tannin Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.9. South Africa
8.7.9.1. South Africa Tannin Sales and Growth Rate (2017-2027)
8.7.9.2. South Africa Tannin Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.10. Rest of Middle East and Africa
8.7.10.1. Rest of Middle East and Africa Tannin Sales and Growth Rate (2017-2027)
8.7.10.2. Rest of Middle East and Africa Tannin Revenue (Millions USD) and Growth Rate (2017-2027)
9. Company Profiles
9.1. Tannin Corporation
9.1.1. Business Overview
9.1.2. Product Portfolio
9.1.3. Strategic Developments
9.1.4. Sales, Revenue and Market Share
9.2. S.A. Ajinomoto OmniChem N.V.
9.2.1. Business Overview
9.2.2. Product Portfolio
9.2.3. Strategic Developments
9.2.4. Sales, Revenue and Market Share
9.3. Polson Ltd.
9.3.1. Business Overview
9.3.2. Product Portfolio
9.3.3. Strategic Developments
9.3.4. Sales, Revenue and Market Share
9.4. Forestal Mimosa Ltd.
9.4.1. Business Overview
9.4.2. Product Portfolio
9.4.3. Strategic Developments
9.4.4. Sales, Revenue and Market Share
9.5. Ever s.r.l.
9.5.1. Business Overview
9.5.2. Product Portfolio
9.5.3. Strategic Developments
9.5.4. Sales, Revenue and Market Share
9.6. UCL Company (Pty) Ltd.
9.6.1. Business Overview
9.6.2. Product Portfolio
9.6.3. Strategic Developments
9.6.4. Sales, Revenue and Market Share
9.7. LaffortSA
9.7.1. Business Overview
9.7.2. Product Portfolio
9.7.3. Strategic Developments
9.7.4. Sales, Revenue and Market Share
9.8. Zhushan County Tianxin Medical & Chemical Co., Ltd.
9.8.1. Business Overview
9.8.2. Product Portfolio
9.8.3. Strategic Developments
9.8.4. Sales, Revenue and Market Share
9.9. W. Ulrich GmbH
9.9.1. Business Overview
9.9.2. Product Portfolio
9.9.3. Strategic Developments
9.9.4. Sales, Revenue and Market Share
9.10. Tanin Sevnica d.d.
9.10.1. Business Overview
9.10.2. Product Portfolio
9.10.3. Strategic Developments
9.10.4. Sales, Revenue and Market Share
10. Global Tannin Market Competition, by Manufacturer
10.1. Global Tannin Sales and Market Share by Manufacturer (2017-2017)
10.2. Global Tannin Revenue and Market Share by Manufacturer (2017-2017)
10.3. Top 5 Tannin Manufacturer Market Share
10.4. Market Competition Trend
11. Tannin Market Forecast (2027-2023)
11.1. Global Tannin Sales, Revenue (Millions USD) and Growth Rate (2027-2023)
11.2. Tannin Market Forecast by Regions (2027-2023)
11.2.1. North America Tannin Market Forecast (2027-2023)
11.2.1.1. United States Tannin Market Forecast (2027-2023)
11.2.1.2. Canada Tannin Market Forecast (2027-2023)
11.2.1.3. Mexico Tannin Market Forecast (2027-2023)
11.2.2. Europe Tannin Market Forecast (2027-2023)
11.2.2.1. Germany Tannin Market Forecast (2027-2023)
11.2.2.2. United Kingdom Tannins Market Forecast (2027-2023)
11.2.2.3. France Tannin Market Forecast (2027-2023)
11.2.2.4. Russia Tannin Market Forecast (2027-2023)
11.2.2.5. Italy Tannin Market Forecast (2027-2023)
11.2.2.6. Rest of the Europe Tannin Market Forecast (2027-2023)
11.2.3. Asia-Pacific Tannin Market Forecast (2027-2023)
11.2.3.1. China Tannin Market Forecast (2027-2023)
11.2.3.2. Japan Tannin Market Forecast (2027-2023)
11.2.3.3. Korea Tannin Market Forecast (2027-2023)
11.2.3.4. India Tannin Market Forecast (2027-2023)
11.2.3.5. Southeast Asia Tannin Market Forecast (2027-2023)
11.2.3.6. Rest of Asia-Pacific Tannin Market Forecast (2027-2023)
11.2.4. South America Tannin Market Forecast (2027-2023)
11.2.4.1. Brazil Tannin Market Forecast (2027-2023)
11.2.4.2. Argentina Tannin Market Forecast (2027-2023)
11.2.4.3. Columbia Tannin Market Forecast (2027-2023)
11.2.4.4. Rest of South America Tannin Market Forecast (2027-2023)
11.2.5. Middle East and Africa Tannin Market Forecast (2027-2023)
11.2.5.1. Saudi Arabia Tannin Market Forecast (2027-2023)
11.2.5.2. UAE Tannin Market Forecast (2027-2023)
11.2.5.3. Egypt Tannin Market Forecast (2027-2023)
11.2.5.4. Nigeria Tannin Market Forecast (2027-2023)
11.2.5.5. South Africa Tannin Market Forecast (2027-2023)
11.2.5.6. Rest of MEA Tannin Market Forecast (2027-2023)
11.3. Tannin Market Forecast by Application (2027-2023)
11.3.1. Global Tannin Sales Forecast by Application (2027-2023)
11.3.2. Global Tannin Sales Market Share Forecast by Application (2027-2023)
11.4. Tannin Market Forecast by Product (2027-2023)
11.4.1. Global Tannin Sales Forecast by Product (2027-2023)
11.4.2. Global Tannin Sales Market Share Forecast by Product (2027-2023)
11.5. Tannin Market Forecast by Source (2027-2023)
11.5.1. Global Tannin Sales Forecast by Source (2027-2023)
11.5.2. Global Tannin Sales Market Share Forecast by Source (2027-2023)
List of Tables and Figures
You can glance through the list of Tables and Figures when you view the sample copy of Tannin Market.
List of Tables
You can glance through the list of Tables and Figures when you view the sample copy of Tannin 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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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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