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Global Polyethylene Glycol (PEG) Market Analysis By Segmentations, Top Key Players, Geographical Expansion, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 1/12/2023
  • NO OF PAGES
  • 266
  • CATEGORY
  • Chemicals & Materials
Polyethylene Glycol (PEG) market report presents a global overview of market shares, size, statistics, trends, demand, revenue and growth opportunities by key players, regions and countries. This report offers a complete market overview during the past, present, and the forecast period till 2032 which helps to identify future opportunities, risk factors, growing areas. Report also highlight on recent developments, technological innovations, market affecting factors, demographics analysis, demand and supply chain which gives brief strategy of market growth during the forecast period. It also gives in-depth insights on SWOT and PESTLE analysis based on industry segmentations and regional developments.

Market Overview:
The report provides a basic overview of the industry including definitions, classifications, and industry chain structure. The Polyethylene Glycol (PEG) market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand, price, revenue and gross margins.

Report Scope:
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Polyethylene Glycol (PEG) manufacturers, distributors, end users, industry associations, governments’ industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the Polyethylene Glycol (PEG) market covering all its essential aspects.

Global Polyethylene Glycol (PEG) Market: Segmentations

Global Polyethylene Glycol (PEG) Market: By Key Players
Dow Chemical
Ineos
BASF
KAO
Blaunon
Liaoning Oxiranchem
Jiangsu Haian
Clariant
Croda
PCC SE
Norchem
Oxiteno
Lotte Chemical
Sanyo Chemical
India Glycols
Petronas Chemicals
Shandong Ruisheng
Jiangxi Yipusheng
Liaoning Huaxing

Global Polyethylene Glycol (PEG) Market: By Types
Mw (<1000)
Mw (1000-10000)
Mw (10000-20000)

Global Polyethylene Glycol (PEG) Market: By Applications
Medical
Personal Care
Industrial



Global Polyethylene Glycol (PEG) Market: Regional Analysis
The countries covered in the regional analysis of the Global Polyethylene Glycol (PEG) market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter’s Five Force Model and SWOT analysis are used to study the global Polyethylene Glycol (PEG) market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Polyethylene Glycol (PEG) would help in identifying future applications in this market.

Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

Objectives of the Study:
• To provide with an exhaustive analysis on the Polyethylene Glycol (PEG) Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Polyethylene Glycol (PEG) Revenue
1.4 Market Analysis by Type
1.4.1 Global Polyethylene Glycol (PEG) Market Size Growth Rate by Type: 2023 VS 2032
1.4.2 Mw (<1000)
1.4.3 Mw (1000-10000)
1.4.4 Mw (10000-20000)
1.5 Market by Application
1.5.1 Global Polyethylene Glycol (PEG) Market Share by Application: 2023-2032
1.5.2 Medical
1.5.3 Personal Care
1.5.4 Industrial
1.6 Study Objectives
1.7 Years Considered
1.8 Overview of Global Polyethylene Glycol (PEG) Market
1.8.1 Global Polyethylene Glycol (PEG) Market Status and Outlook (2017-2032)
1.8.2 North America
1.8.3 East Asia
1.8.4 Europe
1.8.5 South Asia
1.8.6 Southeast Asia
1.8.7 Middle East
1.8.8 Africa
1.8.9 Oceania
1.8.10 South America
1.8.11 Rest of the World
2 Market Competition by Manufacturers
2.1 Global Polyethylene Glycol (PEG) Production Capacity Market Share by Manufacturers (2017-2022)
2.2 Global Polyethylene Glycol (PEG) Revenue Market Share by Manufacturers (2017-2022)
2.3 Global Polyethylene Glycol (PEG) Average Price by Manufacturers (2017-2022)
2.4 Manufacturers Polyethylene Glycol (PEG) Production Sites, Area Served, Product Type
3 Sales by Region
3.1 Global Polyethylene Glycol (PEG) Sales Volume Market Share by Region (2017-2022)
3.2 Global Polyethylene Glycol (PEG) Sales Revenue Market Share by Region (2017-2022)
3.3 North America Polyethylene Glycol (PEG) Sales Volume
3.3.1 North America Polyethylene Glycol (PEG) Sales Volume Growth Rate (2017-2022)
3.3.2 North America Polyethylene Glycol (PEG) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.4 East Asia Polyethylene Glycol (PEG) Sales Volume
3.4.1 East Asia Polyethylene Glycol (PEG) Sales Volume Growth Rate (2017-2022)
3.4.2 East Asia Polyethylene Glycol (PEG) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.5 Europe Polyethylene Glycol (PEG) Sales Volume (2017-2022)
3.5.1 Europe Polyethylene Glycol (PEG) Sales Volume Growth Rate (2017-2022)
3.5.2 Europe Polyethylene Glycol (PEG) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.6 South Asia Polyethylene Glycol (PEG) Sales Volume (2017-2022)
3.6.1 South Asia Polyethylene Glycol (PEG) Sales Volume Growth Rate (2017-2022)
3.6.2 South Asia Polyethylene Glycol (PEG) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.7 Southeast Asia Polyethylene Glycol (PEG) Sales Volume (2017-2022)
3.7.1 Southeast Asia Polyethylene Glycol (PEG) Sales Volume Growth Rate (2017-2022)
3.7.2 Southeast Asia Polyethylene Glycol (PEG) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.8 Middle East Polyethylene Glycol (PEG) Sales Volume (2017-2022)
3.8.1 Middle East Polyethylene Glycol (PEG) Sales Volume Growth Rate (2017-2022)
3.8.2 Middle East Polyethylene Glycol (PEG) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.9 Africa Polyethylene Glycol (PEG) Sales Volume (2017-2022)
3.9.1 Africa Polyethylene Glycol (PEG) Sales Volume Growth Rate (2017-2022)
3.9.2 Africa Polyethylene Glycol (PEG) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.10 Oceania Polyethylene Glycol (PEG) Sales Volume (2017-2022)
3.10.1 Oceania Polyethylene Glycol (PEG) Sales Volume Growth Rate (2017-2022)
3.10.2 Oceania Polyethylene Glycol (PEG) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.11 South America Polyethylene Glycol (PEG) Sales Volume (2017-2022)
3.11.1 South America Polyethylene Glycol (PEG) Sales Volume Growth Rate (2017-2022)
3.11.2 South America Polyethylene Glycol (PEG) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.12 Rest of the World Polyethylene Glycol (PEG) Sales Volume (2017-2022)
3.12.1 Rest of the World Polyethylene Glycol (PEG) Sales Volume Growth Rate (2017-2022)
3.12.2 Rest of the World Polyethylene Glycol (PEG) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
4 North America
4.1 North America Polyethylene Glycol (PEG) Consumption by Countries
4.2 United States
4.3 Canada
4.4 Mexico
5 East Asia
5.1 East Asia Polyethylene Glycol (PEG) Consumption by Countries
5.2 China
5.3 Japan
5.4 South Korea
6 Europe
6.1 Europe Polyethylene Glycol (PEG) Consumption by Countries
6.2 Germany
6.3 United Kingdom
6.4 France
6.5 Italy
6.6 Russia
6.7 Spain
6.8 Netherlands
6.9 Switzerland
6.10 Poland
7 South Asia
7.1 South Asia Polyethylene Glycol (PEG) Consumption by Countries
7.2 India
7.3 Pakistan
7.4 Bangladesh
8 Southeast Asia
8.1 Southeast Asia Polyethylene Glycol (PEG) Consumption by Countries
8.2 Indonesia
8.3 Thailand
8.4 Singapore
8.5 Malaysia
8.6 Philippines
8.7 Vietnam
8.8 Myanmar
9 Middle East
9.1 Middle East Polyethylene Glycol (PEG) Consumption by Countries
9.2 Turkey
9.3 Saudi Arabia
9.4 Iran
9.5 United Arab Emirates
9.6 Israel
9.7 Iraq
9.8 Qatar
9.9 Kuwait
9.10 Oman
10 Africa
10.1 Africa Polyethylene Glycol (PEG) Consumption by Countries
10.2 Nigeria
10.3 South Africa
10.4 Egypt
10.5 Algeria
10.6 Morocco
11 Oceania
11.1 Oceania Polyethylene Glycol (PEG) Consumption by Countries
11.2 Australia
11.3 New Zealand
12 South America
12.1 South America Polyethylene Glycol (PEG) Consumption by Countries
12.2 Brazil
12.3 Argentina
12.4 Columbia
12.5 Chile
12.6 Venezuela
12.7 Peru
12.8 Puerto Rico
12.9 Ecuador
13 Rest of the World
13.1 Rest of the World Polyethylene Glycol (PEG) Consumption by Countries
13.2 Kazakhstan
14 Sales Volume, Sales Revenue, Sales Price Trend by Type
14.1 Global Polyethylene Glycol (PEG) Sales Volume Market Share by Type (2017-2022)
14.2 Global Polyethylene Glycol (PEG) Sales Revenue Market Share by Type (2017-2022)
14.3 Global Polyethylene Glycol (PEG) Sales Price by Type (2017-2022)
15 Consumption Analysis by Application
15.1 Global Polyethylene Glycol (PEG) Consumption Volume by Application (2017-2022)
15.2 Global Polyethylene Glycol (PEG) Consumption Value by Application (2017-2022)
16 Company Profiles and Key Figures in Polyethylene Glycol (PEG) Business
16.1 Dow Chemical
16.1.1 Dow Chemical Company Profile
16.1.2 Dow Chemical Polyethylene Glycol (PEG) Product Specification
16.1.3 Dow Chemical Polyethylene Glycol (PEG) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.2 Ineos
16.2.1 Ineos Company Profile
16.2.2 Ineos Polyethylene Glycol (PEG) Product Specification
16.2.3 Ineos Polyethylene Glycol (PEG) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.3 BASF
16.3.1 BASF Company Profile
16.3.2 BASF Polyethylene Glycol (PEG) Product Specification
16.3.3 BASF Polyethylene Glycol (PEG) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.4 KAO
16.4.1 KAO Company Profile
16.4.2 KAO Polyethylene Glycol (PEG) Product Specification
16.4.3 KAO Polyethylene Glycol (PEG) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.5 Blaunon
16.5.1 Blaunon Company Profile
16.5.2 Blaunon Polyethylene Glycol (PEG) Product Specification
16.5.3 Blaunon Polyethylene Glycol (PEG) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.6 Liaoning Oxiranchem
16.6.1 Liaoning Oxiranchem Company Profile
16.6.2 Liaoning Oxiranchem Polyethylene Glycol (PEG) Product Specification
16.6.3 Liaoning Oxiranchem Polyethylene Glycol (PEG) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.7 Jiangsu Haian
16.7.1 Jiangsu Haian Company Profile
16.7.2 Jiangsu Haian Polyethylene Glycol (PEG) Product Specification
16.7.3 Jiangsu Haian Polyethylene Glycol (PEG) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.8 Clariant
16.8.1 Clariant Company Profile
16.8.2 Clariant Polyethylene Glycol (PEG) Product Specification
16.8.3 Clariant Polyethylene Glycol (PEG) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.9 Croda
16.9.1 Croda Company Profile
16.9.2 Croda Polyethylene Glycol (PEG) Product Specification
16.9.3 Croda Polyethylene Glycol (PEG) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.10 PCC SE
16.10.1 PCC SE Company Profile
16.10.2 PCC SE Polyethylene Glycol (PEG) Product Specification
16.10.3 PCC SE Polyethylene Glycol (PEG) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.11 Norchem
16.11.1 Norchem Company Profile
16.11.2 Norchem Polyethylene Glycol (PEG) Product Specification
16.11.3 Norchem Polyethylene Glycol (PEG) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.12 Oxiteno
16.12.1 Oxiteno Company Profile
16.12.2 Oxiteno Polyethylene Glycol (PEG) Product Specification
16.12.3 Oxiteno Polyethylene Glycol (PEG) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.13 Lotte Chemical
16.13.1 Lotte Chemical Company Profile
16.13.2 Lotte Chemical Polyethylene Glycol (PEG) Product Specification
16.13.3 Lotte Chemical Polyethylene Glycol (PEG) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.14 Sanyo Chemical
16.14.1 Sanyo Chemical Company Profile
16.14.2 Sanyo Chemical Polyethylene Glycol (PEG) Product Specification
16.14.3 Sanyo Chemical Polyethylene Glycol (PEG) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.15 India Glycols
16.15.1 India Glycols Company Profile
16.15.2 India Glycols Polyethylene Glycol (PEG) Product Specification
16.15.3 India Glycols Polyethylene Glycol (PEG) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.16 Petronas Chemicals
16.16.1 Petronas Chemicals Company Profile
16.16.2 Petronas Chemicals Polyethylene Glycol (PEG) Product Specification
16.16.3 Petronas Chemicals Polyethylene Glycol (PEG) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.17 Shandong Ruisheng
16.17.1 Shandong Ruisheng Company Profile
16.17.2 Shandong Ruisheng Polyethylene Glycol (PEG) Product Specification
16.17.3 Shandong Ruisheng Polyethylene Glycol (PEG) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.18 Jiangxi Yipusheng
16.18.1 Jiangxi Yipusheng Company Profile
16.18.2 Jiangxi Yipusheng Polyethylene Glycol (PEG) Product Specification
16.18.3 Jiangxi Yipusheng Polyethylene Glycol (PEG) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.19 Liaoning Huaxing
16.19.1 Liaoning Huaxing Company Profile
16.19.2 Liaoning Huaxing Polyethylene Glycol (PEG) Product Specification
16.19.3 Liaoning Huaxing Polyethylene Glycol (PEG) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
17 Polyethylene Glycol (PEG) Manufacturing Cost Analysis
17.1 Polyethylene Glycol (PEG) Key Raw Materials Analysis
17.1.1 Key Raw Materials
17.2 Proportion of Manufacturing Cost Structure
17.3 Manufacturing Process Analysis of Polyethylene Glycol (PEG)
17.4 Polyethylene Glycol (PEG) Industrial Chain Analysis
18 Marketing Channel, Distributors and Customers
18.1 Marketing Channel
18.2 Polyethylene Glycol (PEG) Distributors List
18.3 Polyethylene Glycol (PEG) Customers
19 Market Dynamics
19.1 Market Trends
19.2 Opportunities and Drivers
19.3 Challenges
19.4 Porter's Five Forces Analysis
20 Production and Supply Forecast
20.1 Global Forecasted Production of Polyethylene Glycol (PEG) (2023-2032)
20.2 Global Forecasted Revenue of Polyethylene Glycol (PEG) (2023-2032)
20.3 Global Forecasted Price of Polyethylene Glycol (PEG) (2017-2032)
20.4 Global Forecasted Production of Polyethylene Glycol (PEG) by Region (2023-2032)
20.4.1 North America Polyethylene Glycol (PEG) Production, Revenue Forecast (2023-2032)
20.4.2 East Asia Polyethylene Glycol (PEG) Production, Revenue Forecast (2023-2032)
20.4.3 Europe Polyethylene Glycol (PEG) Production, Revenue Forecast (2023-2032)
20.4.4 South Asia Polyethylene Glycol (PEG) Production, Revenue Forecast (2023-2032)
20.4.5 Southeast Asia Polyethylene Glycol (PEG) Production, Revenue Forecast (2023-2032)
20.4.6 Middle East Polyethylene Glycol (PEG) Production, Revenue Forecast (2023-2032)
20.4.7 Africa Polyethylene Glycol (PEG) Production, Revenue Forecast (2023-2032)
20.4.8 Oceania Polyethylene Glycol (PEG) Production, Revenue Forecast (2023-2032)
20.4.9 South America Polyethylene Glycol (PEG) Production, Revenue Forecast (2023-2032)
20.4.10 Rest of the World Polyethylene Glycol (PEG) Production, Revenue Forecast (2023-2032)
20.5 Forecast by Type and by Application (2023-2032)
20.5.1 Global Sales Volume, Sales Revenue and Sales Price Forecast by Type (2023-2032)
20.5.2 Global Forecasted Consumption of Polyethylene Glycol (PEG) by Application (2023-2032)
21 Consumption and Demand Forecast
21.1 North America Forecasted Consumption of Polyethylene Glycol (PEG) by Country
21.2 East Asia Market Forecasted Consumption of Polyethylene Glycol (PEG) by Country
21.3 Europe Market Forecasted Consumption of Polyethylene Glycol (PEG) by Countriy
21.4 South Asia Forecasted Consumption of Polyethylene Glycol (PEG) by Country
21.5 Southeast Asia Forecasted Consumption of Polyethylene Glycol (PEG) by Country
21.6 Middle East Forecasted Consumption of Polyethylene Glycol (PEG) by Country
21.7 Africa Forecasted Consumption of Polyethylene Glycol (PEG) by Country
21.8 Oceania Forecasted Consumption of Polyethylene Glycol (PEG) by Country
21.9 South America Forecasted Consumption of Polyethylene Glycol (PEG) by Country
21.10 Rest of the world Forecasted Consumption of Polyethylene Glycol (PEG) by Country
22 Research Findings and Conclusion
23 Methodology and Data Source
23.1 Methodology/Research Approach
23.1.1 Research Programs/Design
23.1.2 Market Size Estimation
23.1.3 Market Breakdown and Data Triangulation
23.2 Data Source
23.2.1 Secondary Sources
23.2.2 Primary Sources
23.3 Disclaimer

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We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.

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