The Emollients Market size was valued at USD 1.4 billion in 2022. It is estimated to hit USD 2.05 billion by 2030 and grow at a CAGR of 4.9% over the forecast period of 2023-2030.
Emollients are substances that are used to moisturize and soften the skin, making it more supple and smooth. These products are widely used in various sectors, including cosmetics, pharmaceuticals, and personal care. Emollients play a crucial role in maintaining skin health and preventing dryness and irritation. They form a protective barrier on the skin's surface, preventing moisture loss and enhancing its natural hydration. This helps to alleviate skin conditions such as eczema, psoriasis, and dermatitis.
Get E-PDF Sample Report on Emollients Market - Request Sample Report
The demand for emollients has been steadily increasing due to the growing awareness of skincare and personal grooming. With the rise in disposable income and changing lifestyles, consumers are increasingly seeking products that enhance their appearance and overall well-being. This has led to a surge in the demand for emollients in the beauty and personal care industry. In recent years, there has been a shift towards natural and organic emollients, driven by the rising demand for sustainable and eco-friendly products. Consumers are becoming more conscious of the ingredients used in their skincare products and are opting for natural alternatives. This trend has prompted manufacturers to develop emollients derived from plant-based sources, such as shea butter, coconut oil, and jojoba oil.
The esters segment dominated the emollients market with the highest revenue share of about 42.3% in 2022. The dominance is attributed to esters possessing a wide range of applications, making them versatile and adaptable to various skincare formulations. Whether it be lotions, creams, or serums, esters can be seamlessly incorporated into these products, providing exceptional moisturization and nourishment. These compounds act as effective emulsifiers, ensuring that the various ingredients in a formulation remain well-blended and do not separate over time. This not only improves the overall quality of the product but also extends its lifespan, making it an attractive choice for both consumers and manufacturers. Additionally, esters have demonstrated remarkable compatibility with other skincare ingredients, allowing for synergistic effects. By combining esters with active compounds such as vitamins, antioxidants, or anti-aging agents, skin care products can deliver enhanced benefits to the skin, further driving their demand.
Drivers
Growing awareness about the benefits of emollients in maintaining healthy skin
Rising disposable income leading to higher spending on skincare products
Increasing demand for emollients in the cosmetics and personal care industry
The emollients market is experiencing a surge in demand, primarily driven by the cosmetics and personal care industry. Emollients play a crucial role in enhancing the texture and appearance of various cosmetic products. These substances possess exceptional moisturizing properties, which help to soften and smoothen the skin. As a result, emollients are widely utilized in the formulation of creams, lotions, and other skincare products, providing consumers with a luxurious and nourishing experience. Furthermore, the personal care industry has witnessed a significant shift towards natural and organic ingredients. Emollients derived from plant-based sources have gained immense popularity due to their perceived safety and sustainability. Moreover, the rising awareness about the importance of skincare and self-care routines has contributed to the increased demand for emollients.
Restraint
Stringent regulations and guidelines imposed by regulatory bodies on the use of certain emollients
Potential side effects and allergies associated with the use of emollients
One of the primary concerns regarding emollients is the possibility of adverse reactions on the skin. While these products aim to nourish and hydrate the skin, certain individuals may experience unwanted side effects. These can range from mild irritations, such as redness or itching, to more severe conditions like dermatitis or eczema flare-ups. Such reactions can be distressing for users and may deter them from continuing to use emollients. Moreover, allergies to specific ingredients found in emollients pose another challenge. Some individuals may have sensitivities or allergies to certain substances commonly used in these products, such as fragrances, preservatives, or specific oils. These allergic reactions can manifest as skin rashes, hives, or even respiratory difficulties in severe cases. Consequently, individuals with known allergies or sensitivities may be reluctant to use emollients, limiting the market's potential growth.
Opportunities
Expanding market for natural and organic emollients due to the rising preference for sustainable and eco-friendly products
Increasing demand for emollients in emerging economies with a growing middle-class population
Challenges
Limited consumer awareness about the different types and benefits of emollients
Fluctuating prices of raw materials used in emollient production, affecting the overall cost of the product
The Ukrainian cosmetics industry has been severely impacted by Russia's invasion, leading to the suspension of production and closure of numerous businesses. Cities like Kharkiv and Dnipro in Ukraine are home to a multitude of domestic beauty and personal care product manufacturers, as well as renowned international companies such as L'Oréal, Henkel, and Oriflame. Prior to February 24th, large international companies controlled 70% of the Russian cosmetics market, with the European Union and the United States serving as the main suppliers. However, within a mere two months, by April 2022, the market had contracted by 14% due to the exodus of major corporations. Consequently, the availability of retail products decreased by 25%. Fearing scarcity, consumers responded by stockpiling goods, resulting in a 3% increase in cosmetics purchases during the first half of 2022. Nevertheless, the most significant indicator of the conflict's impact on the Russian cosmetics market was the drastic decline in imports, plummeting by 80%. This has particularly devastated the emollient market in the affected region and their export regions due to the ongoing war.
The threat of a recession may cause some shoppers to reduce their spending on nonessential items, but this does not seem to apply to beauty essentials. L’Oréal recently announced impressive financial results, with a remarkable 18.3% increase in revenue to $10.2 billion in 2022. Additionally, their net income rose to $1.2 billion compared to the previous year, setting a new record for the 33-year-old company. The beauty industry in the United States also experienced significant growth, with high-end beauty brands witnessing a 15% year-over-year increase in revenue, surpassing $27 billion, as reported by Circana. This consistent or even increased demand for personal care products during an economic downturn is driving the need for emollients in the production of beauty items.
By Type
Esters
Fatty Acids
Ethers
Fatty Alcohols
Silicones
Others
By Form
Solid
Liquid
By Application
Skin Care
Oral Care
Hair Care
Deodorants
Others
.png)
Get Customized Report as Per Your Business Requirement - Request For Customized Report
Asia Pacific dominated the emollients market with the highest revenue share of about 34.7% in 2022. The Asia Pacific boasts a population that accounts for nearly 60% of the global population, establishing it as the clear majority. Emollients play a crucial role as key ingredients in a wide range of personal care products, including shampoos, conditioners, moisturizers, lotions, and deodorants, among others. The region's increasing consumption of such products is anticipated to propel market growth. This surge in demand is primarily attributed to the rising popularity of cosmetics products. Millennials and young adults in the region are displaying a remarkable inclination toward personal care products, leading to a surge in demand. Recognizing this trend, numerous companies have been launching personal care products specifically targeting this demographic. For instance, in June 2022, Shiseido introduced Sidekick, a new skincare line tailored for Gen-Z men in the Asia Pacific region. This exemplifies the industry's response to the growing demand among young adults and millennials.
North America is expected to grow with a CAGR of about 5.1% in the emollients market during the forecast period. This growth is attributed to the increasing demand for personal care and cosmetic products in the United States. According to L'Oréal's report for 2021, the United States serves as a significant catalyst for the cosmetics industry's expansion. The emollient market in this region is expanding due to the rapid evolution of consumer lifestyles and the increasing emphasis on beauty and wellness. Moreover, the market growth in North America is further propelled by the ever-changing consumer habits and the growing awareness surrounding beauty and wellness. Additionally, the rising consumer expenditure on skincare cosmeceuticals and anti-aging products also contributes to the market's expansion in this region.
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
The major key players are P&G, Johnson & Johnson, Eastman Chemical Company, Evonik Industries AG, BASF SE, The Lubrizol Corporation, Sasol, Hallstar, Croda International PLC, Clariant, Ashland Inc., Stepan Company, Oleon Health and Beauty, Solvay, Vantage Speciality Chemicals, and other key players are mentioned in the final report.
In June 2023, Oleon is focusing on the development of ingredients through enzymatic esterification. One of their recent launches is Radia 7199ACT, a texture enhancer, and emollient, as well as the fatty ester Jolee 7749ACT, which is beneficial for both skin and hair.
In March 2023, Clariant responded to the growing interest and knowledge of skincare among consumers worldwide by introducing Plantasens Pro LM, a new natural emollient. This product provides a luxurious, rich, and nurturing sensation to the skin during and after application.
In September 2022, BASF announced the partnership with RiKarbon, focusing on the development of emollients derived from bio-waste. This collaboration builds upon the successful research and development efforts of RiKarbon Inc., aiming to create new environmentally friendly emollients for personal care products.
In June 2022, Evonik expanded its manufacturing capacity in Shanghai to produce TEGOSOFT® MM MB.
In Feb 2021, Sasol Chemicals was honored with the prestigious 2021 Henkel Beauty Care Sustainability Award for their Parafol line of high-purity oleo-chemical-based paraffin emollients. These emollients serve as an alternative to silicone oils in Henkel's Fa deodorant brand.
In Jan 2021, Vantage broadened its range of jojoba esters with the introduction of Liponate Jojoba 20. This jojoba-derived emollient is specifically designed for vegan formulations, offering a high level of traceability and natural origin.
| Report Attributes | Details |
| Market Size in 2022 | US$ 1.4 Bn |
| Market Size by 2030 | US$ 2.05 Bn |
| CAGR | CAGR of 4.9% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2019-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Type (Esters, Fatty Acids, Ethers, Fatty Alcohols, Silicones, and Others) • By Form (Solid and Liquid) • By Application (Skin Care, Oral Care, Hair Care, Deodorants, and Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | P&G, Johnson & Johnson, Eastman Chemical Company, Evonik Industries AG, BASF SE, The Lubrizol Corporation, Sasol, Hallstar, Croda International PLC, Clariant, Ashland Inc., Stepan Company, Oleon Health and Beauty, Solvay, Vantage Speciality Chemicals |
| Key Drivers | • Growing awareness about the benefits of emollients in maintaining healthy skin • Rising disposable income leading to higher spending on skincare products • Increasing demand for emollients in the cosmetics and personal care industry |
| Market Restraints | • Stringent regulations and guidelines imposed by regulatory bodies on the use of certain emollients • Potential side effects and allergies associated with the use of emollients |
Ans: The Emollients Market was valued at USD 1.4 billion in 2022.
Ans: The expected CAGR of the global Emollients Market during the forecast period is 4.9%.
Ans: The Skin Care application segment dominated the Emollients Market with the highest revenue share of about 40.2% in 2022.
Ans: China held the largest market share in the Asia Pacific region in 2022.
Ans: Yes, you can buy reports in bulk quantity as per your requirements. Check Here for more details.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of the Ukraine- Russia War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Emollients Market Segmentation, By Type
8.1 Esters
8.2 Fatty Acids
8.3 Ethers
8.4 Fatty Alcohols
8.5 Silicones
8.6 Others
9. Emollients Market Segmentation, By Form
9.1 Solid
9.2 Liquid
10. Emollients Market Segmentation, By Application
10.1 Skin Care
10.2 Oral Care
10.3 Hair Care
10.4 Deodorants
10.5 Others
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Emollients Market by Country
11.2.2North America Emollients Market by Type
11.2.3 North America Emollients Market by Form
11.2.4 North America Emollients Market by Application
11.2.5 USA
11.2.5.1 USA Emollients Market by Type
11.2.5.2 USA Emollients Market by Form
11.2.5.3 USA Emollients Market by Application
11.2.6 Canada
11.2.6.1 Canada Emollients Market by Type
11.2.6.2 Canada Emollients Market by Form
11.2.6.3 Canada Emollients Market by Application
11.2.7 Mexico
11.2.7.1 Mexico Emollients Market by Type
11.2.7.2 Mexico Emollients Market by Form
11.2.7.3 Mexico Emollients Market by Application
11.3 Europe
11.3.1 Eastern Europe
11.3.1.1 Eastern Europe Emollients Market by country
11.3.1.2 Eastern Europe Emollients Market by Type
11.3.1.3 Eastern Europe Emollients Market by Form
11.3.1.4 Eastern Europe Emollients Market by Application
11.3.1.5 Poland
11.3.1.5.1 Poland Emollients Market by Type
11.3.1.5.2 Poland Emollients Market by Form
11.3.1.5.3 Poland Emollients Market by Application
11.3.1.6 Romania
11.3.1.6.1 Romania Emollients Market by Type
11.3.1.6.2 Romania Emollients Market by Form
11.3.1.6.4 Romania Emollients Market by Application
11.3.1.7 Turkey
11.3.1.7.1 Turkey Emollients Market by Type
11.3.1.7.2 Turkey Emollients Market by Form
11.3.1.7.3 Turkey Emollients Market by Application
11.3.1.8 Rest of Eastern Europe
11.3.1.8.1 Rest of Eastern Europe Emollients Market by Type
11.3.1.8.2 Rest of Eastern Europe Emollients Market by Form
11.3.1.8.3 Rest of Eastern Europe Emollients Market by Application
11.3.2 Western Europe
11.3.2.1 Western Europe Emollients Market by Type
11.3.2.2 Western Europe Emollients Market by Form
11.3.2.3 Western Europe Emollients Market by Application
11.3.2.4 Germany
11.3.2.4.1 Germany Emollients Market by Type
11.3.2.4.2 Germany Emollients Market by Form
11.3.2.4.3 Germany Emollients Market by Application
11.3.2.5 France
11.3.2.5.1 France Emollients Market by Type
11.3.2.5.2 France Emollients Market by Form
11.3.2.5.3 France Emollients Market by Application
11.3.2.6 UK
11.3.2.6.1 UK Emollients Market by Type
11.3.2.6.2 UK Emollients Market by Form
11.3.2.6.3 UK Emollients Market by Application
11.3.2.7 Italy
11.3.2.7.1 Italy Emollients Market by Type
11.3.2.7.2 Italy Emollients Market by Form
11.3.2.7.3 Italy Emollients Market by Application
11.3.2.8 Spain
11.3.2.8.1 Spain Emollients Market by Type
11.3.2.8.2 Spain Emollients Market by Form
11.3.2.8.3 Spain Emollients Market by Application
11.3.2.9 Netherlands
11.3.2.9.1 Netherlands Emollients Market by Type
11.3.2.9.2 Netherlands Emollients Market by Form
11.3.2.9.3 Netherlands Emollients Market by Application
11.3.2.10 Switzerland
11.3.2.10.1 Switzerland Emollients Market by Type
11.3.2.10.2 Switzerland Emollients Market by Form
11.3.2.10.3 Switzerland Emollients Market by Application
11.3.2.11.1 Austria
11.3.2.11.2 Austria Emollients Market by Type
11.3.2.11.3 Austria Emollients Market by Form
11.3.2.11.4 Austria Emollients Market by Application
11.3.2.12 Rest of Western Europe
11.3.2.12.1 Rest of Western Europe Emollients Market by Type
11.3.2.12.2 Rest of Western Europe Emollients Market by Form
11.3.2.12.3 Rest of Western Europe Emollients Market by Application
11.4 Asia-Pacific
11.4.1 Asia-Pacific Emollients Market by country
11.4.2 Asia-Pacific Emollients Market by Type
11.4.3 Asia-Pacific Emollients Market by Form
11.4.4 Asia-Pacific Emollients Market by Application
11.4.5 China
11.4.5.1 China Emollients Market by Type
11.4.5.2 China Emollients Market by Application
11.4.5.3 China Emollients Market by Form
11.4.6 India
11.4.6.1 India Emollients Market by Type
11.4.6.2 India Emollients Market by Form
11.4.6.3 India Emollients Market by Application
11.4.7 Japan
11.4.7.1 Japan Emollients Market by Type
11.4.7.2 Japan Emollients Market by Form
11.4.7.3 Japan Emollients Market by Application
11.4.8 South Korea
11.4.8.1 South Korea Emollients Market by Type
11.4.8.2 South Korea Emollients Market by Form
11.4.8.3 South Korea Emollients Market by Application
11.4.9 Vietnam
11.4.9.1 Vietnam Emollients Market by Type
11.4.9.2 Vietnam Emollients Market by Form
11.4.9.3 Vietnam Emollients Market by Application
11.4.10 Singapore
11.4.10.1 Singapore Emollients Market by Type
11.4.10.2 Singapore Emollients Market by Form
11.4.10.3 Singapore Emollients Market by Application
11.4.11 Australia
11.4.11.1 Australia Emollients Market by Type
11.4.11.2 Australia Emollients Market by Form
11.4.11.3 Australia Emollients Market by Application
11.4.12 Rest of Asia-Pacific
11.4.12.1 Rest of Asia-Pacific Emollients Market by Type
11.4.12.2 Rest of Asia-Pacific Emollients Market by Form
11.4.12.3 Rest of Asia-Pacific Emollients Market by Application
11.5 Middle East & Africa
11.5.1 Middle East
11.5.1.1 Middle East Emollients Market by country
11.5.1.2 Middle East Emollients Market by Type
11.5.1.3 Middle East Emollients Market by Form
11.5.1.4 Middle East Emollients Market by Application
11.5.1.5 UAE
11.5.1.5.1 UAE Emollients Market by Type
11.5.1.5.2 UAE Emollients Market by Form
11.5.1.5.3 UAE Emollients Market by Application
11.5.1.6 Egypt
11.5.1.6.1 Egypt Emollients Market by Type
11.5.1.6.2 Egypt Emollients Market by Form
11.5.1.6.3 Egypt Emollients Market by Application
11.5.1.7 Saudi Arabia
11.5.1.7.1 Saudi Arabia Emollients Market by Type
11.5.1.7.2 Saudi Arabia Emollients Market by Form
11.5.1.7.3 Saudi Arabia Emollients Market by Application
11.5.1.8 Qatar
11.5.1.8.1 Qatar Emollients Market by Type
11.5.1.8.2 Qatar Emollients Market by Form
11.5.1.8.3 Qatar Emollients Market by Application
11.5.1.9 Rest of Middle East
11.5.1.9.1 Rest of Middle East Emollients Market by Type
11.5.1.9.2 Rest of Middle East Emollients Market by Form
11.5.1.9.3 Rest of Middle East Emollients Market by Application
11.5.2 Africa
11.5.2.1 Africa Emollients Market by Country
11.5.2.2 Africa Emollients Market by Type
11.5.2.3 Africa Emollients Market by Form
11.5.2.4 Africa Emollients Market by Application
11.5.2.5 Nigeria
11.5.2.5.1 Nigeria Emollients Market by Type
11.5.2.5.2 Nigeria Emollients Market by Form
11.5.2.5.3 Nigeria Emollients Market by Application
11.5.2.6 South Africa
11.5.2.6.1 South Africa Emollients Market by Type
11.5.2.6.2 South Africa Emollients Market by Form
11.5.2.6.3 South Africa Emollients Market by Application
11.5.2.7 Rest of Africa
11.5.2.7.1 Rest of Africa Emollients Market by Type
11.5.2.7.2 Rest of Africa Emollients Market by Form
11.5.2.7.3 Rest of Africa Emollients Market by Application
11.6 Latin America
11.6.1 Latin America Emollients Market by country
11.6.2 Latin America Emollients Market by Type
11.6.3 Latin America Emollients Market by Form
11.6.4 Latin America Emollients Market by Application
11.6.5 Brazil
11.6.5.1 Brazil Emollients Market by Type
11.6.5.2 Brazil Emollients Market by Form
11.6.5.3 Brazil Emollients Market by Application
11.6.6 Argentina
11.6.6.1 Argentina Emollients Market by Type
11.6.6.2 Argentina Emollients Market by Form
11.6.6.3 Argentina Emollients Market by Application
11.6.7 Colombia
11.6.7.1 Colombia Emollients Market by Type
11.6.7.2 Colombia Emollients Market by Form
11.6.7.3 Colombia Emollients Market by Application
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Emollients Market by Type
11.6.8.2 Rest of Latin America Emollients Market by Form
11.6.8.3 Rest of Latin America Emollients Market by Application
12. Company profile
12.1 P&G
12.1.1 Company Overview
12.1.2 Financial
12.1.3 Products/ Services Offered
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 Johnson & Johnson
12.2.1 Company Overview
12.2.2 Financials
12.2.3 Products/ Services Offered
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 Eastman Chemical Company
12.3.1 Company Overview
12.3.2 Financials
12.3.3 Products/ Services Offered
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 Evonik Industries AG
12.4.1 Company Overview
12.4.2 Financials
12.4.3 Products/ Services Offered
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 BASF SE
12.5.1 Company Overview
12.5.2 Financials
12.5.3 Products/ Services Offered
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 The Lubrizol Corporation
12.6.1 Company Overview
12.6.2 Financials
12.6.3 Products/ Services Offered
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 Sasol
12.7.1 Company Overview
12.7.2 Financials
12.7.3 Products/ Services Offered
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Hallstar
12.8.1 Company Overview
12.8.2 Financials
12.8.3 Products/ Services Offered
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Croda International PLC
12.9.1 Company Overview
12.9.2 Financials
12.9.3 Products/ Services Offered
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Clariant
12.10.1 Company Overview
12.10.2 Financials
12.10.3 Products/ Services Offered
12.10.4 SWOT Analysis
12.10.5 The SNS View
12.11 Ashland Inc.
12.11.1 Company Overview
12.11.2 Financials
12.11.3 Products/ Services Offered
12.11.4 SWOT Analysis
12.11.5 The SNS View
12.12 Stepan Company
12.12.1 Company Overview
12.12.2 Financials
12.12.3 Products/ Services Offered
12.12.4 SWOT Analysis
12.12.5 The SNS View
12.13 Oleon Health and Beauty
12.13.1 Company Overview
12.13.2 Financials
12.13.3 Products/ Services Offered
12.13.4 SWOT Analysis
12.13.5 The SNS View
12.14 Solvay
12.14.1 Company Overview
12.14.2 Financials
12.14.3 Products/ Services Offered
12.14.4 SWOT Analysis
12.14.5 The SNS View
12.15 Vantage Speciality Chemicals
12.15.1 Company Overview
12.15.2 Financials
12.15.3 Products/ Services Offered
12.15.4 SWOT Analysis
12.15.5 The SNS View
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions
14. Use Case and Best Practices
15. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Protective Coatings Market size is expected to expand at a CAGR of 6% from USD 14.62 billion in 2022 to USD 23.31 billion in 2030. In the anticipated period, the civil building and infrastructure industry in the APAC region is expected to expand, resu
The High-Performance Plastics Market size was USD 21.9 billion in 2022 and is expected to Reach USD 43.95 billion by 2030 and grow at a CAGR of 9.1 % over the forecast period of 2023-2030.
Industrial Coatings Market Size was valued at USD 107.12 billion in 2022, and is expected to reach USD 141.05 billion by 2030, and grow at a CAGR of 3.5% over the forecast period 2023-2030.
The Core Material Market size was USD 1.56 billion in 2023 and is expected to Reach USD 4.26 Billion by 2031 and grow at a CAGR of 13.6% over the forecast period of 2024-2031.
The Industrial Filtration Market size was USD 32.6 billion in 2022 and is expected to Reach USD 52.35 billion by 2030 and grow at a CAGR of 6.1% over the forecast period of 2023-2030.
The Biodegradable Films Market Size was valued at USD 1.16 billion in 2023. It is projected to reach USD 2.06 billion by 2031 and grow at a CAGR of 7.3% over the forecast period 2024-2031.
Hi! Click one of our member below to chat on Phone
© 2024 All Rights Reserved by SNS Insider Pvt Ltd
