Chromatography Silica Resin Market
Chromatography Silica Resin Market Forecasts to 2030 - Global Analysis By Mesh Size (30-60, 60-100, 100-200 and Above 200), Purity (Pure Silica and Ultrapure Silica), Application, End User and By Geography
|
Years Covered |
2021-2030 |
|
Estimated Year Value (2023) |
US $71.06 MN |
|
Projected Year Value (2030) |
US $107.56 MN |
|
CAGR (2023 - 2030) |
6.1% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
Asia Pacific |
|
Highest Growing Market |
North America |
According to Stratistics MRC, the Global Chromatography Silica Resin Market is accounted for $71.06 million in 2023 and is expected to reach $107.56 million by 2030 growing at a CAGR of 6.1% during the forecast period. Chromatography silica resins are employed as adsorbents in column chromatography and are usually packaged in a glass column. They are made by affixing functional groups with either positive or negative charges to a solid matrix via covalent bonds. Low, medium, and flash column chromatography may all benefit from chromatography silica resins, which come in a variety of grades, particle sizes, and pore diameters.
According to the Global Use of Medicines report from the IQVIA Institute for Human Data Science published in January 2019, the global market for pharmaceuticals reached US$ 1.2 trillion in 2018, increased by US $100 billion from 2017.
Market Dynamics:
Driver:
Growing demand in pharmaceutical industry
In the pharmaceutical industry, chromatography silica resins are employed to separate and gather the distinct parts of a drug. Utilization possibilities for this include the purification of antibiotics such benzanthrins, coloradocin, and rosarimicin. Additionally, hypnotics, narcotics, analgesics, local sedatives, and steroids are studied using silica resin chromatography. Various medicine components are isolated and gathered using chromatography silica resins in the pharmaceutical sector. The purification of antibiotics such benzanthrins, coloradocin, and rosarimicin may be done using this method.
Restraint:
Lack of skilled professionals
Application of silica resin in chromatography requires expertise and subject-matter knowledge. High surface area silica particles employed in chromatography need superior analytical retention. Professionals are needed to manage and carry out the operations. Rapid technical developments are continually taking place in the market. To extract a single chemical compound from a mixture dissolved in a fluid, it passes through a number of processes. Professionals with competence are essential for precise findings. As a result, the procedure is hampered by a scarcity of competent workers.
Opportunity:
Raising application across nutraceuticals
Chromatography silica resin is mostly employed to separate dietary supplements from natural substances. In the nutritional sector, it is also employed to separate lactose from milk. Some makers of nutraceuticals have created methods to successfully purify their goods in a single step using chromatographic silica resins. The method simply layers various types of optimized silica into a single column to remove a variety of contaminants all at once. They are also helpful when preparing nutraceuticals as tablets or capsules.
Threat:
Availability of better substitutes
The market for chromatography silica resins is quite competitive. Over silica resins, alumina resins are the preferable option. The advantage of activated alumina in separation and purification processes is well known. Alumina may be utilized with neutral, acidic, and basic substances as well because of its atmospheric characteristics. It offers several uses for a relatively inexpensive price. Alumina, a better component, is utilized for environmental cleanup as well as many other applications including biohazard, bioterrorism, gas, and liquid dehydration applications. In contrast, silica resins can only be employed in a small number of end-use sectors. Therefore, the availability of superior replacements is likely to hinder market expansion.
Covid-19 Impact
The chromatography silica resins market saw a halt due to lockdown implementation around the globe. The Covid 19 epidemic has damaged the production process and highlighted significant flaws in the supply chain. Players on the international market that manufacture silica resin have stopped their operations. Because chromatography silica resins are primarily used in the food and pharmaceutical industries, the market has been severely affected by the pandemic.
The analytical chromatography segment is expected to be the largest during the forecast period
The analytical chromatography segment is estimated to have a lucrative growth. Analytical chromatography is a cornerstone of any industry reliant on chemistry. It is a small-scale chromatographic technique used to analyse mixture components both qualitatively and quantitatively. In a variety of analytical applications, including HPLC, GC, Karl Fischer titration, elemental trace analysis, classical analysis, air monitoring, food and beverage analysis, and proficiency testing, it offers a full range of high-quality solutions for precise, dazzling findings.
The pharmaceutical & biotechnology segment is expected to have the highest CAGR during the forecast period
The pharmaceutical & biotechnology segment is anticipated to witness the fastest CAGR growth during the forecast period. Chromatography Silica Resin is used in the pharmaceutical business to separate and gather different medicinal components. This may be used to purify antibiotics such benzanthrins, coloradocin, and rosarimicin. The research of drugs like hypnotics, narcotics, analgesics, mild sedatives, and steroids also makes use of it. Chromatography is employed in the field of biotechnology because it can identify atomic components such nucleic acids, lipids, carbohydrates, protein, and nutrients. The demand for this segment is being fueled by the aforementioned variables.
Region with largest share:
Asia Pacific is projected to hold the largest market share during the forecast period. Economic expansion has led to a surge in the demand for chromatography in emerging countries like China and India from a variety of end-use sectors, including the food industry. Due to the enormous demand for pharmaceutical goods in these nations, producers of chromatographic silica resin are projected to benefit financially from these markets. Government spending on healthcare and the biomedical sector has expanded as a result of economic expansion in China and India. Therefore, it is projected that all of the foregoing factors are going to boost the chromatographic silica resin market in the region.
Region with highest CAGR:
North America is projected to have the highest CAGR over the forecast period, owing to the rising demand for pharmaceuticals and the expansion of drilling fluid additives. he local populace is investing more money in the medical field. As a result, North America is investing tremendously in the healthcare industry. Food analysis and other diagnostic applications are using more and more contemporary chromatography techniques. The research facilities of several large pharmaceutical corporations are extending in this region. All of these elements are accelerating market expansion in this region.
Key players in the market
Some of the key players profiled in the Chromatography Silica Resin Market include Sisco Research Laboratories Pvt. Ltd., Sorbead India, Sepax Technologies, Inc., SiliCycle Inc., OSAKA SODA CO. LTD., AGC Group, Merck KGaA, W. R. Grace And Co., Kaneka Corporation, Alfa Aesar, Dupont, GE Healthcare, Thermo Fisher Scientific, Bio-Rad Laboratories, Mitsubishi Chemical Holdings Corporation, Danaher and Agilent Technologies.
Key Developments:
In April 2022, Sorbead India Company successfully launched wide range of Desiccants and Adsorbents. The product portfolio consists of Silica Gel, Molecular Sieves, Alumina Balls, Active Primary Packaging Desiccants, Oxygen Absorbers, Pharmaceutical Coils, Aluminium and Laminated Tubes.
In February 2022, Thermo Fisher Scientific launched new portfolio of chromatography and mass spectrometry consumables. The Thermo Scientific SureSTART portfolio is compatible with all add-on and chromatography autosamplers, allowing analysts to use the new portfolio regardless of the instrument vendor. The new collection provides sample security and low compound adsorption, even for challenging, low-level analytes.
In February 2016, Kaneka Corporation launched its KanCap™ series. The series consists of 4 types of chromatography silica resins that provides extremely high antibody binding capacity and high alkaline resistance.
Mesh Sizes Covered:
• 30-60
• 60-100
• 100-200
• Above 200
Purities Covered:
• Pure Silica
• Ultrapure Silica
Applications Covered:
• Process Chromatography
• Analytical Chromatography
• Gravity Chromatography
• Preparative Chromatography
End Users Covered:
• Food & Chemical
• Pharmaceutical & Biotechnology
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Chromatography Silica Resin Market, By Mesh Size
5.1 Introduction
5.2 30-60
5.3 60-100
5.4 100-200
5.5 Above 200
6 Global Chromatography Silica Resin Market, By Purity
6.1 Introduction
6.2 Pure Silica
6.3 Ultrapure Silica
7 Global Chromatography Silica Resin Market, By Application
7.1 Introduction
7.2 Process Chromatography
7.3 Analytical Chromatography
7.4 Gravity Chromatography
7.5 Preparative Chromatography
8 Global Chromatography Silica Resin Market, By End User
8.1 Introduction
8.2 Food & Chemical
8.3 Pharmaceutical & Biotechnology
9 Global Chromatography Silica Resin Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Sisco Research Laboratories Pvt. Ltd.
11.2 Sorbead India
11.3 Sepax Technologies, Inc.
11.4 SiliCycle Inc.
11.5 OSAKA SODA CO. LTD.
11.6 AGC Group
11.7 Merck KGaA
11.8 W. R. Grace And Co.
11.9 Kaneka Corporation
11.10 Alfa Aesar
11.11 Dupont
11.12 GE Healthcare
11.13 Thermo Fisher Scientific
11.14 Bio-Rad Laboratories
11.15 Mitsubishi Chemical Holdings Corporation
11.16 Danaher
11.17 Agilent Technologies
List of Tables
1 Global Chromatography Silica Resin Market Outlook, By Region (2021-2030) ($MN)
2 Global Chromatography Silica Resin Market Outlook, By Mesh Size (2021-2030) ($MN)
3 Global Chromatography Silica Resin Market Outlook, By 30-60 (2021-2030) ($MN)
4 Global Chromatography Silica Resin Market Outlook, By 60-100 (2021-2030) ($MN)
5 Global Chromatography Silica Resin Market Outlook, By 100-200 (2021-2030) ($MN)
6 Global Chromatography Silica Resin Market Outlook, By Above 200 (2021-2030) ($MN)
7 Global Chromatography Silica Resin Market Outlook, By Purity (2021-2030) ($MN)
8 Global Chromatography Silica Resin Market Outlook, By Pure Silica (2021-2030) ($MN)
9 Global Chromatography Silica Resin Market Outlook, By Ultrapure Silica (2021-2030) ($MN)
10 Global Chromatography Silica Resin Market Outlook, By Application (2021-2030) ($MN)
11 Global Chromatography Silica Resin Market Outlook, By Process Chromatography (2021-2030) ($MN)
12 Global Chromatography Silica Resin Market Outlook, By Analytical Chromatography (2021-2030) ($MN)
13 Global Chromatography Silica Resin Market Outlook, By Gravity Chromatography (2021-2030) ($MN)
14 Global Chromatography Silica Resin Market Outlook, By Preparative Chromatography (2021-2030) ($MN)
15 Global Chromatography Silica Resin Market Outlook, By End User (2021-2030) ($MN)
16 Global Chromatography Silica Resin Market Outlook, By Food & Chemical (2021-2030) ($MN)
17 Global Chromatography Silica Resin Market Outlook, By Pharmaceutical & Biotechnology (2021-2030) ($MN)
18 North America Chromatography Silica Resin Market Outlook, By Country (2021-2030) ($MN)
19 North America Chromatography Silica Resin Market Outlook, By Mesh Size (2021-2030) ($MN)
20 North America Chromatography Silica Resin Market Outlook, By 30-60 (2021-2030) ($MN)
21 North America Chromatography Silica Resin Market Outlook, By 60-100 (2021-2030) ($MN)
22 North America Chromatography Silica Resin Market Outlook, By 100-200 (2021-2030) ($MN)
23 North America Chromatography Silica Resin Market Outlook, By Above 200 (2021-2030) ($MN)
24 North America Chromatography Silica Resin Market Outlook, By Purity (2021-2030) ($MN)
25 North America Chromatography Silica Resin Market Outlook, By Pure Silica (2021-2030) ($MN)
26 North America Chromatography Silica Resin Market Outlook, By Ultrapure Silica (2021-2030) ($MN)
27 North America Chromatography Silica Resin Market Outlook, By Application (2021-2030) ($MN)
28 North America Chromatography Silica Resin Market Outlook, By Process Chromatography (2021-2030) ($MN)
29 North America Chromatography Silica Resin Market Outlook, By Analytical Chromatography (2021-2030) ($MN)
30 North America Chromatography Silica Resin Market Outlook, By Gravity Chromatography (2021-2030) ($MN)
31 North America Chromatography Silica Resin Market Outlook, By Preparative Chromatography (2021-2030) ($MN)
32 North America Chromatography Silica Resin Market Outlook, By End User (2021-2030) ($MN)
33 North America Chromatography Silica Resin Market Outlook, By Food & Chemical (2021-2030) ($MN)
34 North America Chromatography Silica Resin Market Outlook, By Pharmaceutical & Biotechnology (2021-2030) ($MN)
35 Europe Chromatography Silica Resin Market Outlook, By Country (2021-2030) ($MN)
36 Europe Chromatography Silica Resin Market Outlook, By Mesh Size (2021-2030) ($MN)
37 Europe Chromatography Silica Resin Market Outlook, By 30-60 (2021-2030) ($MN)
38 Europe Chromatography Silica Resin Market Outlook, By 60-100 (2021-2030) ($MN)
39 Europe Chromatography Silica Resin Market Outlook, By 100-200 (2021-2030) ($MN)
40 Europe Chromatography Silica Resin Market Outlook, By Above 200 (2021-2030) ($MN)
41 Europe Chromatography Silica Resin Market Outlook, By Purity (2021-2030) ($MN)
42 Europe Chromatography Silica Resin Market Outlook, By Pure Silica (2021-2030) ($MN)
43 Europe Chromatography Silica Resin Market Outlook, By Ultrapure Silica (2021-2030) ($MN)
44 Europe Chromatography Silica Resin Market Outlook, By Application (2021-2030) ($MN)
45 Europe Chromatography Silica Resin Market Outlook, By Process Chromatography (2021-2030) ($MN)
46 Europe Chromatography Silica Resin Market Outlook, By Analytical Chromatography (2021-2030) ($MN)
47 Europe Chromatography Silica Resin Market Outlook, By Gravity Chromatography (2021-2030) ($MN)
48 Europe Chromatography Silica Resin Market Outlook, By Preparative Chromatography (2021-2030) ($MN)
49 Europe Chromatography Silica Resin Market Outlook, By End User (2021-2030) ($MN)
50 Europe Chromatography Silica Resin Market Outlook, By Food & Chemical (2021-2030) ($MN)
51 Europe Chromatography Silica Resin Market Outlook, By Pharmaceutical & Biotechnology (2021-2030) ($MN)
52 Asia Pacific Chromatography Silica Resin Market Outlook, By Country (2021-2030) ($MN)
53 Asia Pacific Chromatography Silica Resin Market Outlook, By Mesh Size (2021-2030) ($MN)
54 Asia Pacific Chromatography Silica Resin Market Outlook, By 30-60 (2021-2030) ($MN)
55 Asia Pacific Chromatography Silica Resin Market Outlook, By 60-100 (2021-2030) ($MN)
56 Asia Pacific Chromatography Silica Resin Market Outlook, By 100-200 (2021-2030) ($MN)
57 Asia Pacific Chromatography Silica Resin Market Outlook, By Above 200 (2021-2030) ($MN)
58 Asia Pacific Chromatography Silica Resin Market Outlook, By Purity (2021-2030) ($MN)
59 Asia Pacific Chromatography Silica Resin Market Outlook, By Pure Silica (2021-2030) ($MN)
60 Asia Pacific Chromatography Silica Resin Market Outlook, By Ultrapure Silica (2021-2030) ($MN)
61 Asia Pacific Chromatography Silica Resin Market Outlook, By Application (2021-2030) ($MN)
62 Asia Pacific Chromatography Silica Resin Market Outlook, By Process Chromatography (2021-2030) ($MN)
63 Asia Pacific Chromatography Silica Resin Market Outlook, By Analytical Chromatography (2021-2030) ($MN)
64 Asia Pacific Chromatography Silica Resin Market Outlook, By Gravity Chromatography (2021-2030) ($MN)
65 Asia Pacific Chromatography Silica Resin Market Outlook, By Preparative Chromatography (2021-2030) ($MN)
66 Asia Pacific Chromatography Silica Resin Market Outlook, By End User (2021-2030) ($MN)
67 Asia Pacific Chromatography Silica Resin Market Outlook, By Food & Chemical (2021-2030) ($MN)
68 Asia Pacific Chromatography Silica Resin Market Outlook, By Pharmaceutical & Biotechnology (2021-2030) ($MN)
69 South America Chromatography Silica Resin Market Outlook, By Country (2021-2030) ($MN)
70 South America Chromatography Silica Resin Market Outlook, By Mesh Size (2021-2030) ($MN)
71 South America Chromatography Silica Resin Market Outlook, By 30-60 (2021-2030) ($MN)
72 South America Chromatography Silica Resin Market Outlook, By 60-100 (2021-2030) ($MN)
73 South America Chromatography Silica Resin Market Outlook, By 100-200 (2021-2030) ($MN)
74 South America Chromatography Silica Resin Market Outlook, By Above 200 (2021-2030) ($MN)
75 South America Chromatography Silica Resin Market Outlook, By Purity (2021-2030) ($MN)
76 South America Chromatography Silica Resin Market Outlook, By Pure Silica (2021-2030) ($MN)
77 South America Chromatography Silica Resin Market Outlook, By Ultrapure Silica (2021-2030) ($MN)
78 South America Chromatography Silica Resin Market Outlook, By Application (2021-2030) ($MN)
79 South America Chromatography Silica Resin Market Outlook, By Process Chromatography (2021-2030) ($MN)
80 South America Chromatography Silica Resin Market Outlook, By Analytical Chromatography (2021-2030) ($MN)
81 South America Chromatography Silica Resin Market Outlook, By Gravity Chromatography (2021-2030) ($MN)
82 South America Chromatography Silica Resin Market Outlook, By Preparative Chromatography (2021-2030) ($MN)
83 South America Chromatography Silica Resin Market Outlook, By End User (2021-2030) ($MN)
84 South America Chromatography Silica Resin Market Outlook, By Food & Chemical (2021-2030) ($MN)
85 South America Chromatography Silica Resin Market Outlook, By Pharmaceutical & Biotechnology (2021-2030) ($MN)
86 Middle East & Africa Chromatography Silica Resin Market Outlook, By Country (2021-2030) ($MN)
87 Middle East & Africa Chromatography Silica Resin Market Outlook, By Mesh Size (2021-2030) ($MN)
88 Middle East & Africa Chromatography Silica Resin Market Outlook, By 30-60 (2021-2030) ($MN)
89 Middle East & Africa Chromatography Silica Resin Market Outlook, By 60-100 (2021-2030) ($MN)
90 Middle East & Africa Chromatography Silica Resin Market Outlook, By 100-200 (2021-2030) ($MN)
91 Middle East & Africa Chromatography Silica Resin Market Outlook, By Above 200 (2021-2030) ($MN)
92 Middle East & Africa Chromatography Silica Resin Market Outlook, By Purity (2021-2030) ($MN)
93 Middle East & Africa Chromatography Silica Resin Market Outlook, By Pure Silica (2021-2030) ($MN)
94 Middle East & Africa Chromatography Silica Resin Market Outlook, By Ultrapure Silica (2021-2030) ($MN)
95 Middle East & Africa Chromatography Silica Resin Market Outlook, By Application (2021-2030) ($MN)
96 Middle East & Africa Chromatography Silica Resin Market Outlook, By Process Chromatography (2021-2030) ($MN)
97 Middle East & Africa Chromatography Silica Resin Market Outlook, By Analytical Chromatography (2021-2030) ($MN)
98 Middle East & Africa Chromatography Silica Resin Market Outlook, By Gravity Chromatography (2021-2030) ($MN)
99 Middle East & Africa Chromatography Silica Resin Market Outlook, By Preparative Chromatography (2021-2030) ($MN)
100 Middle East & Africa Chromatography Silica Resin Market Outlook, By End User (2021-2030) ($MN)
101 Middle East & Africa Chromatography Silica Resin Market Outlook, By Food & Chemical (2021-2030) ($MN)
102 Middle East & Africa Chromatography Silica Resin Market Outlook, By Pharmaceutical & Biotechnology (2021-2030) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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