Adipic Acid Market

Adipic Acid Market Trends & Growth Analysis – Latest Insights

Base Year: 2020 Historical Data: 2018-19
  • Report ID: TBI-12499
  • Published Date: Oct, 2021
  • Pages: 211
  • Category: Chemicals & Materials
  • Format: PDF
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Market Dynamics

Drivers

  • Increasing use of nylon 66 in the automotive industry 

The global demand for nylon 66 is strongly dominated by the automotive industry. Current environmental or economic and concerns make the creation of more fuel-efficient cars a top priority in the automotive industry. Substituting metal in the manifolds with nylon 66 reduces production costs by up to 30%, reduces the weight of the part by up to 50%, cuts system costs through parts integration and contributes to higher fuel efficiency. Thus, rising usage of nylon 66 in the automotive industry is anticipated to drive the market growth. 

  • Growing consumer electronics market in Asia Pacific region 

Rapidly growing consumer electronics industry, especially in the Asia Pacific region, driving the growth of the market. As the consumer electronics market is in expansion mode, the scope of expansion widens for adipic acid. Huge population is a greater advantage for market growth with soaring demands for electrical appliances in the Asia Pacific region. China, Japan, and India are some of the major countries for consumer electronics in terms of production and consumption. Thus, increasing the consumer electronics market in the Asia Pacific region, boosting the growth of the market. 

Restraints

  • Various side effects of adipic acid could hamper the market growth 

Adipic acid can cause eye irritation and thus, used in industries after taking several safety measures. It also exerts a drying action on the skin, which causes dermatitis in humans. It can cause prolong health issues when workers are exposed to adipic acid during analysis, sampling, maintenance operations, mixing and unloading. Thus, the risk of exposure and various health concern related to adipic acid is anticipated to hamper the growth of the market. 

Opportunities

  • Growing research and development activities to produce bio adipic acid 

Increasing research and development activities to produce bio adipic acid is anticipated to offer the future growth opportunities in the market. Many vendors are heavily investing in the research and development activities for the production of bio based adipic acid. The high usage of adipic acid in the various industries, has led to the development of alternative to produce the bio-based adipic acid. The bio adipic acid can be produced from the natural sources such as sugarcane and plant based oils.

Challenges

  • Severe environmental hazards 

Adipic acid causes severe environmental hazards, with aquatic toxicity like harm to algae and invertebrates. Adipic acid is also toxic to fish and daphnia. Thus, various measures should be taken before industrial aqueous release, which contains the adipic acid. Recycling, treatment, appropriate regulations to preserve the environment, are some of the safety measures that should be taken to reduce the environmental hazards. 

1. Introduction
    1.1. Objectives of the Study
    1.2. Market Definition
    1.3. Research Scope
    1.4. Currency
    1.5. Key Target Audience

2. Research Methodology and Assumptions

3. Executive Summary

4. Premium Insights
    4.1. Porter’s Five Forces Analysis
    4.2. Value Chain Analysis
    4.3. Top Investment Pockets
          4.3.1. Market Attractiveness Analysis By Raw Material
          4.3.2. Market Attractiveness Analysis By Application
          4.3.3. Market Attractiveness Analysis By End User
          4.3.4. Market Attractiveness Analysis By Region
    4.4. Industry Trends

5. Market Dynamics
    5.1. Market Evaluation
    5.2. Drivers
          5.2.1. Increasing use of nylon 66 in the Food and Beverages industry
          5.2.2. Growing consumer Electrical and Electronics market in Asia Pacific region
    5.3. Restrains
          5.3.1. Various side effects of adipic acid could hamper the market growth
    5.4. Opportunities
          5.4.1. Growing research and development activities to produce bio adipic acid
    5.5. Challenges
          5.5.1. Severe environmental hazards

6. Global Adipic Acid Market Analysis and Forecast, By Raw Material
    6.1. Segment Overview
    6.2. Cyclohexane
    6.3. Cyclohexanol/Cyclohexanone (KA oil)
    6.4. Others

7. Global Adipic Acid Market Analysis and Forecast, By Application
    7.1. Segment Overview
    7.2. Nylon 66 Fiber
    7.3. Nylon 66 Resins
    7.4. Polyurethanes
    7.5. Adipate Esters
    7.6. Others

8. Global Adipic Acid Market Analysis and Forecast, By End User
    8.1. Segment Overview
    8.2. Automotive
    8.3. Electrical and Electronics
    8.4. Textiles
    8.5. Food and Beverages
    8.6. Personal Care
    8.7. Pharmaceutical
    8.8. Others

9. Global Adipic Acid Market Analysis and Forecast, By Regional Analysis
    9.1. Segment Overview
    9.2. North America
          9.2.1. U.S.
          9.2.2. Canada
          9.2.3. Mexico
    9.3. Europe
          9.3.1. Germany
          9.3.2. France
          9.3.3. U.K.
          9.3.4. Italy
          9.3.5. Spain
    9.4. Asia-Pacific
          9.4.1. Japan
          9.4.2. China
          9.4.3. India
    9.5. South America
          9.5.1. Brazil
    9.6. Middle East and Africa
          9.6.1. UAE
          9.6.2. South Africa

10. Global Adipic Acid Market-Competitive Landscape
    10.1. Overview
    10.2. Market Share of Key Players in the Adipic Acid Market
          10.2.1. Global Company Market Share
          10.2.2. North America Company Market Share
          10.2.3. Europe Company Market Share
          10.2.4. APAC Company Market Share
    10.3. Competitive Situations and Trends
          10.3.1. Product Launches and Developments
          10.3.2. Partnerships, Collaborations, and Agreements
          10.3.3. Mergers & Acquisitions
          10.3.4. Expansions

11. Company Profiles
    11.1. Asahi Kasei Corporation
          11.1.1. Business Overview
          11.1.2. Company Snapshot
          11.1.3. Company Market Share Analysis
          11.1.4. Company Product Portfolio
          11.1.5. Recent Developments
          11.1.6. SWOT Analysis
    11.2. Ascend Performance Materials
          11.2.1. Business Overview
          11.2.2. Company Snapshot
          11.2.3. Company Market Share Analysis
          11.2.4. Company Product Portfolio
          11.2.5. Recent Developments
          11.2.6. SWOT Analysis
    11.3. Invista
          11.3.1. Business Overview
          11.3.2. Company Snapshot
          11.3.3. Company Market Share Analysis
          11.3.4. Company Product Portfolio
          11.3.5. Recent Developments
          11.3.6. SWOT Analysis
    11.4. BASF SE
          11.4.1. Business Overview
          11.4.2. Company Snapshot
          11.4.3. Company Market Share Analysis
          11.4.4. Company Product Portfolio
          11.4.5. Recent Developments
          11.4.6. SWOT Analysis
    11.5. Petro China Company Limited
          11.5.1. Business Overview
          11.5.2. Company Snapshot
          11.5.3. Company Market Share Analysis
          11.5.4. Company Product Portfolio
          11.5.5. Recent Developments
          11.5.6. SWOT Analysis
    11.6. Radici
          11.6.1. Business Overview
          11.6.2. Company Snapshot
          11.6.3. Company Market Share Analysis
          11.6.4. Company Product Portfolio
          11.6.5. Recent Developments
          11.6.6. SWOT Analysis
    11.7. Lanxess AG
          11.7.1. Business Overview
          11.7.2. Company Snapshot
          11.7.3. Company Market Share Analysis
          11.7.4. Company Product Portfolio
          11.7.5. Recent Developments
          11.7.6. SWOT Analysis
    11.8. Rhodia
          11.8.1. Business Overview
          11.8.2. Company Snapshot
          11.8.3. Company Market Share Analysis
          11.8.4. Company Product Portfolio
          11.8.5. Recent Developments
          11.8.6. SWOT Analysis
    11.9. Sumitomo Chemical Co. Ltd.
          11.9.1. Business Overview
          11.9.2. Company Snapshot
          11.9.3. Company Market Share Analysis
          11.9.4. Company Product Portfolio
          11.9.5. Recent Developments
          11.9.6. SWOT Analysis
    11.10. Dow Chemical Company
          11.10.1. Business Overview
          11.10.2. Company Snapshot
          11.10.3. Company Market Share Analysis
          11.10.4. Company Product Portfolio
          11.10.5. Recent Developments
    11.11. Shenma Industrial Co. Ltd
          11.11.1. Business Overview
          11.11.2. Company Snapshot
          11.11.3. Company Market Share Analysis
          11.11.4. Company Product Portfolio
          11.11.5. Recent Developments
    11.12. Tian Li High & New Tech Co. Ltd
          11.12.1. Business Overview
          11.12.2. Company Snapshot
          11.12.3. Company Market Share Analysis
          11.12.4. Company Product Portfolio
          11.12.5. Recent Developments
          11.12.6. SWOT Analysis

List of Table

1. Global Adipic Acid Market, By Raw Material, 2018–2028 (USD Billion)(Kilotons) 

2. Global Cyclohexane Adipic Acid Market, By Region, 2018–2028 (USD Billion)(Kilotons) 

3. Global Cyclohexanol/Cyclohexanone (KA oil) Adipic Acid Market, By Region, 2018–2028 (USD Billion)(Kilotons) 

4. Global Others Adipic Acid Market, By Region, 2018–2028 (USD Billion)(Kilotons) 

5. Global Adipic Acid Market, By Application, 2018–2028 (USD Billion)(Kilotons) 

6. Global Nylon 66 Fiber,Adipic Acid Market, By Region, 2018–2028 (USD Billion)(Kilotons) 

7. Global Nylon 66 Resins, Adipic Acid Market, By Region, 2018–2028 (USD Billion)(Kilotons) 

8. Global Polyurethanes, Adipic Acid Market, By Region, 2018–2028 (USD Billion)(Kilotons) 

9. Global Adipate Esters Adipic Acid Market, By Region, 2018–2028 (USD Billion)(Kilotons) 

10. Global Others, Adipic Acid Market, By Region, 2018–2028 (USD Billion)(Kilotons) 

11. Global Adipic Acid Market, By End User, 2018–2028 (USD Billion)(Kilotons) 

12. Global Automotive Adipic Acid Market, By Region, 2018–2028 (USD Billion)(Kilotons) 

13. Global Electrical and Electronics Adipic Acid Market, By Region, 2018–2028 (USD Billion)(Kilotons) 

14. Global Textiles Adipic Acid Market, By Region, 2018–2028 (USD Billion)(Kilotons) 

15. Global Food and Beverages Adipic Acid Market, By Region, 2018–2028 (USD Billion)(Kilotons) 

16. Global Personal Care Adipic Acid Market, By Region, 2018–2028 (USD Billion)(Kilotons) 

17. Global Pharmaceutical Adipic Acid Market, By Region, 2018–2028 (USD Billion)(Kilotons) 

18. Global Others Adipic Acid Market, By Region, 2018–2028 (USD Billion)(Kilotons) 

19. Global Adipic Acid Market, By Region, 2018–2028 (USD Billion)(Kilotons) 

20. Global Adipic Acid Market, By North America, 2018–2028 (USD Billion)(Kilotons) 

21. North America Adipic Acid Market, By Raw Material, 2018–2028 (USD Billion)(Kilotons) 

22. North America Adipic Acid Market, By Application, 2018–2028 (USD Billion)(Kilotons) 

23. North America Adipic Acid Market, By End User, 2018–2028 (USD Billion)(Kilotons) 

24. U.S. Adipic Acid Market, By Raw Material, 2018–2028 (USD Billion)(Kilotons) 

25. U.S. Adipic Acid Market, By Application, 2018–2028 (USD Billion)(Kilotons) 

26. U.S. Adipic Acid Market, By End User, 2018–2028 (USD Billion)(Kilotons) 

27. Canada Adipic Acid Market, By Raw Material, 2018–2028 (USD Billion)(Kilotons) 

28. Canada Adipic Acid Market, By Application, 2018–2028 (USD Billion)(Kilotons) 

29. Canada Adipic Acid Market, By End User, 2018–2028 (USD Billion)(Kilotons) 

30. Mexico Adipic Acid Market, By Raw Material, 2018–2028 (USD Billion)(Kilotons) 

31. Mexico Adipic Acid Market, By Application, 2018–2028 (USD Billion)(Kilotons) 

32. Mexico Adipic Acid Market, By End User, 2018–2028 (USD Billion)(Kilotons) 

33. Europe Adipic Acid Market, By Raw Material, 2018–2028 (USD Billion)(Kilotons) 

34. Europe Adipic Acid Market, By Application, 2018–2028 (USD Billion)(Kilotons) 

35. Europe Adipic Acid Market, By End User, 2018–2028 (USD Billion)(Kilotons) 

36. Germany Adipic Acid Market, By Raw Material, 2018–2028 (USD Billion)(Kilotons) 

37. Germany Adipic Acid Market, By Application, 2018–2028 (USD Billion)(Kilotons) 

38. Germany Adipic Acid Market, By End User, 2018–2028 (USD Billion)(Kilotons) 

39. France Adipic Acid Market, By Raw Material, 2018–2028 (USD Billion)(Kilotons) 

40. France Adipic Acid Market, By Application, 2018–2028 (USD Billion)(Kilotons) 

41. France Adipic Acid Market, By End User, 2018–2028 (USD Billion)(Kilotons) 

42. U.K. Adipic Acid Market, By Raw Material, 2018–2028 (USD Billion)(Kilotons) 

43. U.K. Adipic Acid Market, By Application, 2018–2028 (USD Billion)(Kilotons) 

44. U.K. Adipic Acid Market, By End User, 2018–2028 (USD Billion)(Kilotons) 

45. Italy Adipic Acid Market, By Raw Material, 2018–2028 (USD Billion)(Kilotons) 

46. Italy Adipic Acid Market, By Application, 2018–2028 (USD Billion)(Kilotons) 

47. Italy Adipic Acid Market, By End User, 2016–2026(USD Million)(Kilotons)

48. Spain Adipic Acid Market, By Raw Material, 2018–2028 (USD Billion)(Kilotons) 

49. Spain Adipic Acid Market, By Application, 2018–2028 (USD Billion)(Kilotons) 

50. Spain Adipic Acid Market, By End User, 2018–2028 (USD Billion)(Kilotons) 

51. Asia Pacific Adipic Acid Market, By Raw Material, 2018–2028 (USD Billion)(Kilotons) 

52. Asia Pacific Adipic Acid Market, By Application, 2018–2028 (USD Billion)(Kilotons) 

53. Asia Pacific Adipic Acid Market, By End User, 2018–2028 (USD Billion)(Kilotons) 

54. Japan Adipic Acid Market, By Raw Material, 2018–2028 (USD Billion)(Kilotons) 

55. Japan Adipic Acid Market, By Application, 2018–2028 (USD Billion)(Kilotons) 

56. Japan Adipic Acid Market, By End User, 2018–2028 (USD Billion)(Kilotons) 

57. China Adipic Acid Market, By Raw Material, 2018–2028 (USD Billion)(Kilotons) 

58. China Adipic Acid Market, By Application, 2018–2028 (USD Billion)(Kilotons) 

59. China Adipic Acid Market, By End User, 2018–2028 (USD Billion)(Kilotons) 

60. India Adipic Acid Market, By Raw Material, 2018–2028 (USD Billion)(Kilotons) 

61. India Adipic Acid Market, By Application, 2018–2028 (USD Billion)(Kilotons) 

62. India Adipic Acid Market, By End User, 2018–2028 (USD Billion)(Kilotons) 

63. South America Adipic Acid Market, By Raw Material, 2018–2028 (USD Billion)(Kilotons) 

64. South America Adipic Acid Market, By Application, 2018–2028 (USD Billion)(Kilotons) 

65. South America Adipic Acid Market, By End User, 2018–2028 (USD Billion)(Kilotons) 

66. Brazil Adipic Acid Market, By Raw Material, 2018–2028 (USD Billion)(Kilotons) 

67. Brazil Adipic Acid Market, By Application, 2018–2028 (USD Billion)(Kilotons) 

68. Brazil Adipic Acid Market, By End User, 2018–2028 (USD Billion)(Kilotons) 

69. Middle East and Africa Adipic Acid Market, By Raw Material, 2018–2028 (USD Billion)(Kilotons) 

70. Middle East and Africa Adipic Acid Market, By Application, 2018–2028 (USD Billion)(Kilotons) 

71. Middle East and Africa Adipic Acid Market, By End User, 2018–2028 (USD Billion)(Kilotons) 

72. UAE Adipic Acid Market, By Raw Material, 2018–2028 (USD Billion)(Kilotons) 

73. UAE Adipic Acid Market, By Application, 2018–2028 (USD Billion)(Kilotons) 

74. UAE Adipic Acid Market, By End User, 2018–2028 (USD Billion)(Kilotons) 

75. South Africa Adipic Acid Market, By Raw Material, 2018–2028 (USD Billion)(Kilotons) 

76. South Africa Adipic Acid Market, By Application, 2018–2028 (USD Billion)(Kilotons) 

77. South Africa Adipic Acid Market, By End User, 2018–2028 (USD Billion)(Kilotons) 

List of Figures 

1. Global Adipic Acid Market Segmentation

2. Adipic Acid Market: Research Methodology

3. Market Size Estimation Methodology: Bottom-Up Approach

4. Market Size Estimation Methodology: Top-Down Approach

5. Data Triangulation

6. Porter’s Five Forces Analysis 

7. Value Chain Analysis 

8. Global Adipic Acid Market Attractiveness Analysis By Raw Material

9. Global Adipic Acid Market Attractiveness Analysis By Application

10. Global Adipic Acid Market Attractiveness Analysis By End User

11. Global Adipic Acid Market Attractiveness Analysis By Region

12. Global Adipic Acid Market: Dynamics

13. Global Adipic Acid Market Share by Raw Material(2021 & 2028)

14. Global Adipic Acid Market Share by Application(2021 & 2028)

15. Global Adipic Acid Market Share by End User(2021 & 2028)

16. Global Adipic Acid Market Share by Regions (2021 & 2028)

17. Global Adipic Acid Market Share by Company (2020)

This study forecasts revenue at global, regional, and country levels from 2018 to 2028. The Brainy Insights has segmented the global adipic acid market on the basis of below mentioned segments:

Global Adipic Acid Market by Raw Material:

  • Cyclohexane
  • Cyclohexanol/Cyclohexanone (KA oil)
  • Others

Global Adipic Acid Market by Application:

  • Nylon 66 Fiber
  • Nylon 66 Resins
  • Polyurethanes
  • Adipate Esters
  • Others

Global Adipic Acid Market by End User:

  • Automotive
  • Electrical and Electronics
  • Textiles
  • Food and Beverages
  • Personal Care
  • Pharmaceutical
  • Others

Global Adipic Acid Market by Region:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
  • Asia-Pacific
    • Japan
    • China
    • India
  • South America
    • Brazil
  • Middle East and Africa         
    • UAE
    • South Africa

Methodology

Research has its special purpose to undertake marketing efficiently. In this competitive scenario, businesses need information across all industry verticals; the information about customer wants, market demand, competition, industry trends, distribution channels etc. This information needs to be updated regularly because businesses operate in a dynamic environment. Our organization, The Brainy Insights incorporates scientific and systematic research procedures in order to get proper market insights and industry analysis for overall business success. The analysis consists of studying the market from a miniscule level wherein we implement statistical tools which helps us in examining the data with accuracy and precision. 

Our research reports feature both; quantitative and qualitative aspects for any market. Qualitative information for any market research process are fundamental because they reveal the customer needs and wants, usage and consumption for any product/service related to a specific industry. This in turn aids the marketers/investors in knowing certain perceptions of the customers. Qualitative research can enlighten about the different product concepts and designs along with unique service offering that in turn, helps define marketing problems and generate opportunities. On the other hand, quantitative research engages with the data collection process through interviews, e-mail interactions, surveys and pilot studies. Quantitative aspects for the market research are useful to validate the hypotheses generated during qualitative research method, explore empirical patterns in the data with the help of statistical tools, and finally make the market estimations.

The Brainy Insights offers comprehensive research and analysis, based on a wide assortment of factual insights gained through interviews with CXOs and global experts and secondary data from reliable sources. Our analysts and industry specialist assume vital roles in building up statistical tools and analysis models, which are used to analyse the data and arrive at accurate insights with exceedingly informative research discoveries. The data provided by our organization have proven precious to a diverse range of companies, facilitating them to address issues such as determining which products/services are the most appealing, whether or not customers use the product in the manner anticipated, the purchasing intentions of the market and many others.

Our research methodology encompasses an idyllic combination of primary and secondary initiatives. Key phases involved in this process are listed below:

MARKET RESEARCH PROCESS

Data Procurement:

The phase involves the gathering and collecting of market data and its related information with the help of different sources & research procedures.

The data procurement stage involves in data gathering and collecting through various data sources.

This stage involves in extensive research. These data sources includes:

Purchased Database: Purchased databases play a crucial role in estimating the market sizes irrespective of the domain. Our purchased database includes:

  • The organizational databases such as D&B Hoovers, and Bloomberg that helps us to identify the competitive scenario of the key market players/organizations along with the financial information.
  • Industry/Market databases such as Statista, and Factiva provides market/industry insights and deduce certain formulations. 
  • We also have contractual agreements with various reputed data providers and third party vendors who provide information which are not limited to:
    • Import & Export Data
    • Business Trade Information
    • Usage rates of a particular product/service on certain demographics mainly focusing on the unmet prerequisites

Primary Research: The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. Primary research mainly involves in telephonic interviews, E-mail interactions and face-to-face interviews with the raw material providers, manufacturers/producers, distributors, & independent consultants. The interviews that we conduct provides valuable data on market size and industry growth trends prevailing in the market. Our organization also conducts surveys with the various industry experts in order to gain overall insights of the industry/market. For instance, in healthcare industry we conduct surveys with the pharmacists, doctors, surgeons and nurses in order to gain insights and key information of a medical product/device/equipment which the customers are going to usage. Surveys are conducted in the form of questionnaire designed by our own analyst team. Surveys plays an important role in primary research because surveys helps us to identify the key target audiences of the market. Additionally, surveys helps to identify the key target audience engaged with the market. Our survey team conducts the survey by targeting the key audience, thus gaining insights from them. Based on the perspectives of the customers, this information is utilized to formulate market strategies. Moreover, market surveys helps us to understand the current competitive situation of the industry. To be precise, our survey process typically involve with the 360 analysis of the market. This analytical process begins by identifying the prospective customers for a product or service related to the market/industry to obtain data on how a product/service could fit into customers’ lives.

Secondary Research: The secondary data sources includes information published by the on-profit organizations such as World bank, WHO, company fillings, investor presentations, annual reports, national government documents, statistical databases, blogs, articles, white papers and others. From the annual report, we analyse a company’s revenue to understand the key segment and market share of that organization in a particular region. We analyse the company websites and adopt the product mapping technique which is important for deriving the segment revenue. In the product mapping method, we select and categorize the products offered by the companies catering to domain specific market, deduce the product revenue for each of the companies so as to get overall estimation of the market size. We also source data and analyses trends based on information received from supply side and demand side intermediaries in the value chain. The supply side denotes the data gathered from supplier, distributor, wholesaler and the demand side illustrates the data gathered from the end customers for respective market domain.

The supply side for a domain specific market is analysed by:

  • Estimating and projecting penetration rates through analysing product attributes, availability of internal and external substitutes, followed by pricing analysis of the product.
  • Experiential assessment of year-on-year sales of the product by conducting interviews.

The demand side for the market is estimated through:

  • Evaluating the penetration level and usage rates of the product.
  • Referring to the historical data to determine the growth rate and evaluate the industry trends

In-house Library: Apart from these third-party sources, we have our in-house library of qualitative and quantitative information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, historic databases, internal audit reports and archives.

Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those cases, we use our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopt a robust research technique in order to produce the estimates:

  • Applying demographic along with psychographic segmentation for market evaluation
  • Determining the Micro and Macro-economic indicators for each region 
  • Examining the industry indicators prevailing in the market. 

Data Synthesis: This stage involves the analysis & mapping of all the information obtained from the previous step. It also involves in scrutinizing the data for any discrepancy observed while data gathering related to the market. The data is collected with consideration to the heterogeneity of sources. Robust scientific techniques are in place for synthesizing disparate data sets and provide the essential contextual information that can orient market strategies. The Brainy Insights has extensive experience in data synthesis where the data passes through various stages:

  • Data Screening: Data screening is the process of scrutinising data/information collected from primary research for errors and amending those collected data before data integration method. The screening involves in examining raw data, identifying errors and dealing with missing data. The purpose of the data screening is to ensure data is correctly entered or not. The Brainy Insights employs objective and systematic data screening grades involving repeated cycles of quality checks, screening and suspect analysis.
  • Data Integration: Integrating multiple data streams is necessary to produce research studies that provide in-depth picture to the clients. These data streams come from multiple research studies and our in house database. After screening of the data, our analysts conduct creative integration of data sets, optimizing connections between integrated surveys and syndicated data sources. There are mainly 2 research approaches that we follow in order to integrate our data; top down approach and bottom up approach.

Market Deduction & Formulation: The final stage comprises of assigning data points at appropriate market spaces so as to deduce feasible conclusions. Analyst perspective & subject matter expert based holistic form of market sizing coupled with industry analysis also plays a crucial role in this stage.

This stage involves in finalization of the market size and numbers that we have collected from data integration step. With data interpolation, it is made sure that there is no gap in the market data. Successful trend analysis is done by our analysts using extrapolation techniques, which provide the best possible forecasts for the market.

Data Validation & Market Feedback: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helps us finalize data-points to be used for final calculations.

The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. The data validation interview and discussion panels are typically composed of the most experienced industry members. The participants include, however, are not limited to:

  • CXOs and VPs of leading companies’ specific to sector
  • Purchasing managers, technical personnel, end-users
  • Key opinion leaders such as investment bankers, and industry consultants

Moreover, we always validate our data and findings through primary respondents from all the major regions we are working on.

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