Global Tire Chemicals Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035
- PUBLISHED ON
- 9/22/2022
- NO OF PAGES
- 235
- CATEGORY
- Chemicals & Materials
The Tire Chemicals market report is a perfect foundation for people looking out for a comprehensive study and analysis of the Tire Chemicals market. On the basis of historic growth analysis and current scenario of Tire Chemicals market place, the report intends to offer actionable insights and outlook on global / regional market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tool that facilitate deeper understanding of multiple aspects of global Tire Chemicals market. These further helps users with their developmental strategy.
This report examines all the key factors influencing growth of global Tire Chemicals market, including demand-supply scenario, pricing structure, profit margins, production and value chain / ecosystem analysis. Regional assessment of global Tire Chemicals market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
Global Tire Chemicals Market: Major Players
Emery Oleochemicals Group
Sinopec Corporation
Sinochem International
LANXESS
Birla Carbon
Saudi Arabia Basic Industries Corporation
ExxonMobil Corporation
Shikoku Chemicals Corporation
Zochem Inc.
Eastman Chemicals
U.S. Zinc Corporation
Evonik Industries AG
Jiangxi Black Cat Carbon Black Inc., Ltd.
Orion Engineered Carbon
Cabot Corporation
Phillips Carbon Black Limited
Von Bundit
Sri Trang Agro-industry Public Company Limited
BASF SE
Sumitomo Chemicals
Oriental Carbon & Chemicals Ltd
Global Tire Chemicals Market: By Types
Natural Rubber
Synthetic Rubber
Carbon Black
Global Tire Chemicals Market: By Applications
Bicycles
Electric Cars
Automobiles
Global Tire Chemicals Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Tire Chemicals 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.
Global Tire Chemicals Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.
Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Base Year: 2023This report examines all the key factors influencing growth of global Tire Chemicals market, including demand-supply scenario, pricing structure, profit margins, production and value chain / ecosystem analysis. Regional assessment of global Tire Chemicals market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
Global Tire Chemicals Market: Major Players
Emery Oleochemicals Group
Sinopec Corporation
Sinochem International
LANXESS
Birla Carbon
Saudi Arabia Basic Industries Corporation
ExxonMobil Corporation
Shikoku Chemicals Corporation
Zochem Inc.
Eastman Chemicals
U.S. Zinc Corporation
Evonik Industries AG
Jiangxi Black Cat Carbon Black Inc., Ltd.
Orion Engineered Carbon
Cabot Corporation
Phillips Carbon Black Limited
Von Bundit
Sri Trang Agro-industry Public Company Limited
BASF SE
Sumitomo Chemicals
Oriental Carbon & Chemicals Ltd
Global Tire Chemicals Market: By Types
Natural Rubber
Synthetic Rubber
Carbon Black
Global Tire Chemicals Market: By Applications
Bicycles
Electric Cars
Automobiles
Global Tire Chemicals Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Tire Chemicals 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.
Global Tire Chemicals Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.
Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Historic Year: 2016-2022
Forecast: 2024-2035
1 Tire Chemicals Market Definition and Overview
1.1 Objectives of the Study
1.2 Overview of Tire Chemicals
1.3 Tire Chemicals Market Scope and Market Size Estimation
1.4 Market Segmentation
1.4.1 Types of Tire Chemicals
1.4.2 Applications of Tire Chemicals
1.5 Market Exchange Rate
2 Research Method and Logic
2.1 Methodology
2.2 Research Data Source
3 Market Competition Analysis
3.1 Emery Oleochemicals Group Market Performance Analysis
3.1.1 Emery Oleochemicals Group Basic Information
3.1.2 Product and Service Analysis
3.1.3 Strategies for Company to Deal with the Impact of COVID-19
3.1.4 Emery Oleochemicals Group Sales, Value, Price, Gross Margin 2016-2021
3.2 Sinopec Corporation Market Performance Analysis
3.2.1 Sinopec Corporation Basic Information
3.2.2 Product and Service Analysis
3.2.3 Strategies for Company to Deal with the Impact of COVID-19
3.2.4 Sinopec Corporation Sales, Value, Price, Gross Margin 2016-2021
3.3 Sinochem International Market Performance Analysis
3.3.1 Sinochem International Basic Information
3.3.2 Product and Service Analysis
3.3.3 Strategies for Company to Deal with the Impact of COVID-19
3.3.4 Sinochem International Sales, Value, Price, Gross Margin 2016-2021
3.4 LANXESS Market Performance Analysis
3.4.1 LANXESS Basic Information
3.4.2 Product and Service Analysis
3.4.3 Strategies for Company to Deal with the Impact of COVID-19
3.4.4 LANXESS Sales, Value, Price, Gross Margin 2016-2021
3.5 Birla Carbon Market Performance Analysis
3.5.1 Birla Carbon Basic Information
3.5.2 Product and Service Analysis
3.5.3 Strategies for Company to Deal with the Impact of COVID-19
3.5.4 Birla Carbon Sales, Value, Price, Gross Margin 2016-2021
3.6 Saudi Arabia Basic Industries Corporation Market Performance Analysis
3.6.1 Saudi Arabia Basic Industries Corporation Basic Information
3.6.2 Product and Service Analysis
3.6.3 Strategies for Company to Deal with the Impact of COVID-19
3.6.4 Saudi Arabia Basic Industries Corporation Sales, Value, Price, Gross Margin 2016-2021
3.7 ExxonMobil Corporation Market Performance Analysis
3.7.1 ExxonMobil Corporation Basic Information
3.7.2 Product and Service Analysis
3.7.3 Strategies for Company to Deal with the Impact of COVID-19
3.7.4 ExxonMobil Corporation Sales, Value, Price, Gross Margin 2016-2021
3.8 Shikoku Chemicals Corporation Market Performance Analysis
3.8.1 Shikoku Chemicals Corporation Basic Information
3.8.2 Product and Service Analysis
3.8.3 Strategies for Company to Deal with the Impact of COVID-19
3.8.4 Shikoku Chemicals Corporation Sales, Value, Price, Gross Margin 2016-2021
3.9 Zochem Inc. Market Performance Analysis
3.9.1 Zochem Inc. Basic Information
3.9.2 Product and Service Analysis
3.9.3 Strategies for Company to Deal with the Impact of COVID-19
3.9.4 Zochem Inc. Sales, Value, Price, Gross Margin 2016-2021
3.10 Eastman Chemicals Market Performance Analysis
3.10.1 Eastman Chemicals Basic Information
3.10.2 Product and Service Analysis
3.10.3 Strategies for Company to Deal with the Impact of COVID-19
3.10.4 Eastman Chemicals Sales, Value, Price, Gross Margin 2016-2021
3.11 U.S. Zinc Corporation Market Performance Analysis
3.11.1 U.S. Zinc Corporation Basic Information
3.11.2 Product and Service Analysis
3.11.3 Strategies for Company to Deal with the Impact of COVID-19
3.11.4 U.S. Zinc Corporation Sales, Value, Price, Gross Margin 2016-2021
3.12 Evonik Industries AG Market Performance Analysis
3.12.1 Evonik Industries AG Basic Information
3.12.2 Product and Service Analysis
3.12.3 Strategies for Company to Deal with the Impact of COVID-19
3.12.4 Evonik Industries AG Sales, Value, Price, Gross Margin 2016-2021
3.13 Jiangxi Black Cat Carbon Black Inc., Ltd. Market Performance Analysis
3.13.1 Jiangxi Black Cat Carbon Black Inc., Ltd. Basic Information
3.13.2 Product and Service Analysis
3.13.3 Strategies for Company to Deal with the Impact of COVID-19
3.13.4 Jiangxi Black Cat Carbon Black Inc., Ltd. Sales, Value, Price, Gross Margin 2016-2021
3.14 Orion Engineered Carbon Market Performance Analysis
3.14.1 Orion Engineered Carbon Basic Information
3.14.2 Product and Service Analysis
3.14.3 Strategies for Company to Deal with the Impact of COVID-19
3.14.4 Orion Engineered Carbon Sales, Value, Price, Gross Margin 2016-2021
3.15 Cabot Corporation Market Performance Analysis
3.15.1 Cabot Corporation Basic Information
3.15.2 Product and Service Analysis
3.15.3 Strategies for Company to Deal with the Impact of COVID-19
3.15.4 Cabot Corporation Sales, Value, Price, Gross Margin 2016-2021
3.16 Phillips Carbon Black Limited Market Performance Analysis
3.16.1 Phillips Carbon Black Limited Basic Information
3.16.2 Product and Service Analysis
3.16.3 Strategies for Company to Deal with the Impact of COVID-19
3.16.4 Phillips Carbon Black Limited Sales, Value, Price, Gross Margin 2016-2021
3.17 Von Bundit Market Performance Analysis
3.17.1 Von Bundit Basic Information
3.17.2 Product and Service Analysis
3.17.3 Strategies for Company to Deal with the Impact of COVID-19
3.17.4 Von Bundit Sales, Value, Price, Gross Margin 2016-2021
3.18 Sri Trang Agro-industry Public Company Limited Market Performance Analysis
3.18.1 Sri Trang Agro-industry Public Company Limited Basic Information
3.18.2 Product and Service Analysis
3.18.3 Strategies for Company to Deal with the Impact of COVID-19
3.18.4 Sri Trang Agro-industry Public Company Limited Sales, Value, Price, Gross Margin 2016-2021
3.19 BASF SE Market Performance Analysis
3.19.1 BASF SE Basic Information
3.19.2 Product and Service Analysis
3.19.3 Strategies for Company to Deal with the Impact of COVID-19
3.19.4 BASF SE Sales, Value, Price, Gross Margin 2016-2021
3.20 Sumitomo Chemicals Market Performance Analysis
3.20.1 Sumitomo Chemicals Basic Information
3.20.2 Product and Service Analysis
3.20.3 Strategies for Company to Deal with the Impact of COVID-19
3.20.4 Sumitomo Chemicals Sales, Value, Price, Gross Margin 2016-2021
3.21 Oriental Carbon & Chemicals Ltd Market Performance Analysis
3.21.1 Oriental Carbon & Chemicals Ltd Basic Information
3.21.2 Product and Service Analysis
3.21.3 Strategies for Company to Deal with the Impact of COVID-19
3.21.4 Oriental Carbon & Chemicals Ltd Sales, Value, Price, Gross Margin 2016-2021
4 Market Segment by Type, Historical Data and Market Forecasts
4.1 Global Tire Chemicals Production and Value by Type
4.1.1 Global Tire Chemicals Production by Type 2016-2021
4.1.2 Global Tire Chemicals Market Value by Type 2016-2021
4.2 Global Tire Chemicals Market Production, Value and Growth Rate by Type 2016-2021
4.2.1 Natural Rubber Market Production, Value and Growth Rate
4.2.2 Synthetic Rubber Market Production, Value and Growth Rate
4.2.3 Carbon Black Market Production, Value and Growth Rate
4.3 Global Tire Chemicals Production and Value Forecast by Type
4.3.1 Global Tire Chemicals Production Forecast by Type 2021-2026
4.3.2 Global Tire Chemicals Market Value Forecast by Type 2021-2026
4.4 Global Tire Chemicals Market Production, Value and Growth Rate by Type Forecast 2021-2026
4.4.1 Natural Rubber Market Production, Value and Growth Rate Forecast
4.4.2 Synthetic Rubber Market Production, Value and Growth Rate Forecast
4.4.3 Carbon Black Market Production, Value and Growth Rate Forecast
5 Market Segment by Application, Historical Data and Market Forecasts
5.1 Global Tire Chemicals Consumption and Value by Application
5.1.1 Global Tire Chemicals Consumption by Application 2016-2021
5.1.2 Global Tire Chemicals Market Value by Application 2016-2021
5.2 Global Tire Chemicals Market Consumption, Value and Growth Rate by Application 2016-2021
5.2.1 Bicycles Market Consumption, Value and Growth Rate
5.2.2 Electric Cars Market Consumption, Value and Growth Rate
5.2.3 Automobiles Market Consumption, Value and Growth Rate
5.3 Global Tire Chemicals Consumption and Value Forecast by Application
5.3.1 Global Tire Chemicals Consumption Forecast by Application 2021-2026
5.3.2 Global Tire Chemicals Market Value Forecast by Application 2021-2026
5.4 Global Tire Chemicals Market Consumption, Value and Growth Rate by Application Forecast 2021-2026
5.4.1 Bicycles Market Consumption, Value and Growth Rate Forecast
5.4.2 Electric Cars Market Consumption, Value and Growth Rate Forecast
5.4.3 Automobiles Market Consumption, Value and Growth Rate Forecast
6 Global Tire Chemicals by Region, Historical Data and Market Forecasts
6.1 Global Tire Chemicals Sales by Region 2016-2021
6.2 Global Tire Chemicals Market Value by Region 2016-2021
6.3 Global Tire Chemicals Market Sales, Value and Growth Rate by Region 2016-2021
6.3.1 North America
6.3.2 Europe
6.3.3 Asia Pacific
6.3.4 South America
6.3.5 Middle East and Africa
6.4 Global Tire Chemicals Sales Forecast by Region 2021-2026
6.5 Global Tire Chemicals Market Value Forecast by Region 2021-2026
6.6 Global Tire Chemicals Market Sales, Value and Growth Rate Forecast by Region 2021-2026
6.6.1 North America
6.6.2 Europe
6.6.3 Asia Pacific
6.6.4 South America
6.6.5 Middle East and Africa
7 United State Market Size Analysis 2016-2026
7.1 United State Tire Chemicals Value and Market Growth 2016-2021
7.2 United State Tire Chemicals Sales and Market Growth 2016-2021
7.3 United State Tire Chemicals Market Value Forecast 2021-2026
8 Canada Market Size Analysis 2016-2026
8.1 Canada Tire Chemicals Value and Market Growth 2016-2021
8.2 Canada Tire Chemicals Sales and Market Growth 2016-2021
8.3 Canada Tire Chemicals Market Value Forecast 2021-2026
9 Germany Market Size Analysis 2016-2026
9.1 Germany Tire Chemicals Value and Market Growth 2016-2021
9.2 Germany Tire Chemicals Sales and Market Growth 2016-2021
9.3 Germany Tire Chemicals Market Value Forecast 2021-2026
10 UK Market Size Analysis 2016-2026
10.1 UK Tire Chemicals Value and Market Growth 2016-2021
10.2 UK Tire Chemicals Sales and Market Growth 2016-2021
10.3 UK Tire Chemicals Market Value Forecast 2021-2026
11 France Market Size Analysis 2016-2026
11.1 France Tire Chemicals Value and Market Growth 2016-2021
11.2 France Tire Chemicals Sales and Market Growth 2016-2021
11.3 France Tire Chemicals Market Value Forecast 2021-2026
12 Italy Market Size Analysis 2016-2026
12.1 Italy Tire Chemicals Value and Market Growth 2016-2021
12.2 Italy Tire Chemicals Sales and Market Growth 2016-2021
12.3 Italy Tire Chemicals Market Value Forecast 2021-2026
13 Spain Market Size Analysis 2016-2026
13.1 Spain Tire Chemicals Value and Market Growth 2016-2021
13.2 Spain Tire Chemicals Sales and Market Growth 2016-2021
13.3 Spain Tire Chemicals Market Value Forecast 2021-2026
14 Russia Market Size Analysis 2016-2026
14.1 Russia Tire Chemicals Value and Market Growth 2016-2021
14.2 Russia Tire Chemicals Sales and Market Growth 2016-2021
14.3 Russia Tire Chemicals Market Value Forecast 2021-2026
15 China Market Size Analysis 2016-2026
15.1 China Tire Chemicals Value and Market Growth 2016-2021
15.2 China Tire Chemicals Sales and Market Growth 2016-2021
15.3 China Tire Chemicals Market Value Forecast 2021-2026
16 Japan Market Size Analysis 2016-2026
16.1 Japan Tire Chemicals Value and Market Growth 2016-2021
16.2 Japan Tire Chemicals Sales and Market Growth 2016-2021
16.3 Japan Tire Chemicals Market Value Forecast 2021-2026
17 South Korea Market Size Analysis 2016-2026
17.1 South Korea Tire Chemicals Value and Market Growth 2016-2021
17.2 South Korea Tire Chemicals Sales and Market Growth 2016-2021
17.3 South Korea Tire Chemicals Market Value Forecast 2021-2026
18 Australia Market Size Analysis 2016-2026
18.1 Australia Tire Chemicals Value and Market Growth 2016-2021
18.2 Australia Tire Chemicals Sales and Market Growth 2016-2021
18.3 Australia Tire Chemicals Market Value Forecast 2021-2026
19 Thailand Market Size Analysis 2016-2026
19.1 Thailand Tire Chemicals Value and Market Growth 2016-2021
19.2 Thailand Tire Chemicals Sales and Market Growth 2016-2021
19.3 Thailand Tire Chemicals Market Value Forecast 2021-2026
20 Brazil Market Size Analysis 2016-2026
20.1 Brazil Tire Chemicals Value and Market Growth 2016-2021
20.2 Brazil Tire Chemicals Sales and Market Growth 2016-2021
20.3 Brazil Tire Chemicals Market Value Forecast 2021-2026
21 Argentina Market Size Analysis 2016-2026
21.1 Argentina Tire Chemicals Value and Market Growth 2016-2021
21.2 Argentina Tire Chemicals Sales and Market Growth 2016-2021
21.3 Argentina Tire Chemicals Market Value Forecast 2021-2026
22 Chile Market Size Analysis 2016-2026
22.1 Chile Tire Chemicals Value and Market Growth 2016-2021
22.2 Chile Tire Chemicals Sales and Market Growth 2016-2021
22.3 Chile Tire Chemicals Market Value Forecast 2021-2026
23 South Africa Market Size Analysis 2016-2026
23.1 South Africa Tire Chemicals Value and Market Growth 2016-2021
23.2 South Africa Tire Chemicals Sales and Market Growth 2016-2021
23.3 South Africa Tire Chemicals Market Value Forecast 2021-2026
24 Egypt Market Size Analysis 2016-2026
24.1 Egypt Tire Chemicals Value and Market Growth 2016-2021
24.2 Egypt Tire Chemicals Sales and Market Growth 2016-2021
24.3 Egypt Tire Chemicals Market Value Forecast 2021-2026
25 UAE Market Size Analysis 2016-2026
25.1 UAE Tire Chemicals Value and Market Growth 2016-2021
25.2 UAE Tire Chemicals Sales and Market Growth 2016-2021
25.3 UAE Tire Chemicals Market Value Forecast 2021-2026
26 Saudi Arabia Market Size Analysis 2016-2026
26.1 Saudi Arabia Tire Chemicals Value and Market Growth 2016-2021
26.2 Saudi Arabia Tire Chemicals Sales and Market Growth 2016-2021
26.3 Saudi Arabia Tire Chemicals Market Value Forecast 2021-2026
27 Market Dynamic Analysis and Development Suggestions
27.1 Market Drivers
27.2 Market Development Constraints
27.3 PEST Analysis
27.3.1 Political Factors
27.3.2 Economic Factors
27.3.3 Social Factors
27.3.4 Technological Factors
27.4 Industry Trends Under COVID-19
27.4.1 Risk Assessment on COVID-19
27.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
27.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
27.5 Market Entry Strategy Analysis
27.5.1 Market Definition
27.5.2 Client
27.5.3 Distribution Model
27.5.4 Product Messaging and Positioning
27.5.5 Price
27.6 Advice on Entering the Market
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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
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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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