Neopentyl Glycol Market
Neopentyl Glycol Market Forecasts to 2030 - Global Analysis by Form (Liquid and Solid), Source, Application, End User and By Geography
|
Years Covered |
2022-2030 |
|
Estimated Year Value (2024) |
US $1.68 BN |
|
Projected Year Value (2030) |
US $2.54 BN |
|
CAGR (2024 - 2030) |
7.1% |
|
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 |
North America |
|
Highest Growing Market |
Asia Pacific |
According to Stratistics MRC, the Global Neopentyl Glycol Market is accounted for $1.68 billion in 2024 and is expected to reach $2.54 billion by 2030 growing at a CAGR of 7.1% during the forecast period. Neopentyl glycol (NPG) is a colorless, odorless, and viscous diol compound with the chemical formula C5H12O2. It is primarily produced through the hydrogenation of isobutylene oxide and is classified as a branched-chain glycol. Neopentyl glycol is widely used as a building block in the synthesis of polyesters, resins, and plasticizers, owing to its excellent thermal stability, low volatility, and resistance to hydrolysis. Its unique properties make it ideal for applications in coatings, adhesives, automotive finishes, and textiles. Additionally, neopentyl glycol is gaining traction in the production of sustainable materials due to its low environmental impact and compliance with regulatory standards.
Market Dynamics:
Driver:
Growing Demand in Automotive Industry
Growing demand in the automotive industry is increasing need for high-performance materials and coatings that enhance vehicle durability, safety, and aesthetics. Neopentyl glycol plays a crucial role in producing advanced coatings and resins used in automotive applications, such as protective finishes and interior components. This rising demand drives the neopentyl glycol market, encouraging manufacturers to innovate and expand production. Additionally, the automotive industry's focus on lightweight and fuel-efficient vehicles further boosts the need for materials that improve performance, thus it drives the growth of the market.
Restraint:
Raw Material Price Fluctuations
Raw material price fluctuations are the variability in costs of the inputs used to produce neopentyl glycol, such as propylene and formaldehyde. These fluctuations can impact production costs and profit margins for manufacturers, leading to uncertainty in pricing strategies. Increased raw material costs may result in higher prices for neopentyl glycol, potentially dampening demand from cost-sensitive industries and affecting overall market growth. Thus, it hinders the growth of the market.
Opportunity:
Increased Focus on Sustainable Solutions
Increased focus on sustainable solutions like eco-friendly products that minimize environmental impact. This trend significantly impacts the neopentyl glycol market as manufacturers seek low-VOC and bio-based alternatives for applications in coatings, plastics, and textiles. The shift toward sustainable formulations drives innovation, leading to the development of greener production processes and products. As industries prioritize sustainability, the demand for neopentyl glycol increases, fostering market growth while helping companies comply with environmental regulations and enhance their brand reputation through responsible practices. Thus, it boosts the growth of the market.
Threat:
Regulatory Challenges
Regulatory challenges involve stringent environmental and safety regulations governing the production and use of neopentyl glycol and related chemicals. Compliance with these regulations can increase production costs and limit market access. Stricter guidelines on VOC emissions and chemical safety may hinder innovation and slow down new product development, ultimately affecting the growth and profitability of the neopentyl glycol market, thus it hampers the growth of the market.
Covid-19 Impact:
The COVID-19 pandemic initially disrupted the neopentyl glycol market due to supply chain interruptions and reduced industrial activity. However, the demand for healthcare-related applications, such as coatings for medical equipment, provided some resilience. As industries recover and focus on sustainable practices, the market is witnessing resurgence, with increasing investments in manufacturing and innovation to meet evolving demands.
The textiles segment is expected to be the largest during the forecast period
The textiles segment is expected to be the largest during the forecast period as neopentyl glycol-based resins enhance the durability, stain resistance, and overall performance of textile products. As demand for high-quality, functional textiles rises, particularly in performance and technical fabrics, the need for neopentyl glycol increases. Additionally, the shift towards sustainable and eco-friendly textile solutions drives innovation, further expanding its application in this sector and contributing to market growth.
The plasticizers segment is expected to have the highest CAGR during the forecast period
The plasticizers segment is expected to have the highest CAGR during the forecast period because neopentyl glycol serves as a key ingredient in producing high-performance plasticizers used in applications such as coatings, adhesives, and flexible plastics. The increasing demand for eco-friendly plasticizers drives the use of neopentyl glycol, particularly as industries seek alternatives to traditional phthalates. This trend boosts market growth, encouraging innovation in sustainable formulations while addressing environmental and regulatory concerns within the plasticizers sector.
Region with largest share:
North America is projected to hold the largest market share during the forecast period owing to demand in automotive, construction, and coatings industries. As manufacturers seek high-performance materials that enhance durability and chemical resistance, neopentyl glycol becomes increasingly essential in producing unsaturated polyesters and alkyd resins. Additionally, the increasing focus on sustainable and environmentally friendly materials boosts its adoption.
Region with highest CAGR:
Due to strong economic growth, rapid industrialization, and urbanization, especially in nations like China and India, the Asia Pacific region is anticipated to have the highest CAGR in the market during the forecast period. Neopentyl glycol demand is being driven by the region's growing automotive, paint and coatings, and construction industries. Market expansion is being aided by government programs like India's ""100 smart cities"" initiative and large infrastructure expenditures. The market leadership and rapid growth rate of neopentyl glycol-based products are also being fueled by growing consumer awareness of eco-friendly products and stricter laws governing VOC emissions.
Key players in the market
Some of the key players in Neopentyl Glycol Market include BASF SE, Eastman Chemical Company, Perstorp Holding AB, LyondellBasell Industries, Mitsubishi Chemical Corporation, INEOS Group, Huntsman Corporation, Kraton Corporation, Celanese Corporation, Oxea GmbH, Royal Dutch Shell plc, SABIC (Saudi Basic Industries Corporation), Lanxess AG, Wacker Chemie AG, Cargill Incorporated, Alfa Aesar (Thermo Fisher Scientific), Maanheruka Group, Ferro Corporation, Daihachi Chemical Industry Co., Ltd. and Hubei Greenhome Chemical Co., Ltd.
Key Developments:
In June, 2023, Cargill partners Bayer to bring digital solutions, market info to farmers. Global life sciences firm Bayer said it has signed an agreement with US-based food major Cargill to empower smallholder farmers with digital solutions, including comprehensive information on market prices, weather forecasts, and pre- to post-harvest insights.
In March, 2023, Cargill partners with Cubiq Foods to accelerate the wide-scale commercialization of Cubiq’s fat technologies that can enhance flavor, reduce total fat and saturated fat content, improve caloric content and incorporate essential fatty acids like omega-3, according to the company.
In January 2023, BASF and Cargill further expand their partnership to offer high-performance enzyme solutions to animal protein producers in the United States.
Forms Covered:
• Liquid
• Solid
Sources Covered:
• Synthetic
• Bio-based
• Other Sources
Applications Covered:
• Polyester Resins
• Plasticizers
• Lubricants
• Chemical Intermediates
• Personal Care Products
• Other Applications
End Users Covered:
• Automotive
• Construction
• Textiles
• Consumer Goods
• Other End Users
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 2022, 2023, 2024, 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 Neopentyl Glycol Market, By Form
5.1 Introduction
5.2 Liquid
5.3 Solid
6 Global Neopentyl Glycol Market, By Source
6.1 Introduction
6.2 Synthetic
6.3 Bio-based
6.4 Other Sources
7 Global Neopentyl Glycol Market, By Application
7.1 Introduction
7.2 Polyester Resins
7.3 Plasticizers
7.4 Lubricants
7.5 Chemical Intermediates
7.6 Personal Care Products
7.7 Other Applications
8 Global Neopentyl Glycol Market, By End User
8.1 Introduction
8.2 Automotive
8.3 Construction
8.4 Textiles
8.5 Consumer Goods
8.6 Other End Users
9 Global Neopentyl Glycol 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 BASF SE
11.2 Eastman Chemical Company
11.3 Perstorp Holding AB
11.4 LyondellBasell Industries
11.5 Mitsubishi Chemical Corporation
11.6 INEOS Group
11.7 Huntsman Corporation
11.8 Kraton Corporation
11.9 Celanese Corporation
11.10 Oxea GmbH
11.11 Royal Dutch Shell plc
11.12 SABIC (Saudi Basic Industries Corporation)
11.13 Lanxess AG
11.14 Wacker Chemie AG
11.15 Cargill, Incorporated
11.16 Alfa Aesar (Thermo Fisher Scientific)
11.17 Maanheruka Group
11.18 Ferro Corporation
11.19 Daihachi Chemical Industry Co., Ltd.
11.20 Hubei Greenhome Chemical Co., Ltd.
List of Tables
1 Global Neopentyl Glycol Market Outlook, By Region (2022-2030) ($MN)
2 Global Neopentyl Glycol Market Outlook, By Form (2022-2030) ($MN)
3 Global Neopentyl Glycol Market Outlook, By Liquid (2022-2030) ($MN)
4 Global Neopentyl Glycol Market Outlook, By Solid (2022-2030) ($MN)
5 Global Neopentyl Glycol Market Outlook, By Source (2022-2030) ($MN)
6 Global Neopentyl Glycol Market Outlook, By Synthetic (2022-2030) ($MN)
7 Global Neopentyl Glycol Market Outlook, By Bio-based (2022-2030) ($MN)
8 Global Neopentyl Glycol Market Outlook, By Other Sources (2022-2030) ($MN)
9 Global Neopentyl Glycol Market Outlook, By Application (2022-2030) ($MN)
10 Global Neopentyl Glycol Market Outlook, By Polyester Resins (2022-2030) ($MN)
11 Global Neopentyl Glycol Market Outlook, By Plasticizers (2022-2030) ($MN)
12 Global Neopentyl Glycol Market Outlook, By Lubricants (2022-2030) ($MN)
13 Global Neopentyl Glycol Market Outlook, By Chemical Intermediates (2022-2030) ($MN)
14 Global Neopentyl Glycol Market Outlook, By Personal Care Products (2022-2030) ($MN)
15 Global Neopentyl Glycol Market Outlook, By Other Applications (2022-2030) ($MN)
16 Global Neopentyl Glycol Market Outlook, By End User (2022-2030) ($MN)
17 Global Neopentyl Glycol Market Outlook, By Automotive (2022-2030) ($MN)
18 Global Neopentyl Glycol Market Outlook, By Construction (2022-2030) ($MN)
19 Global Neopentyl Glycol Market Outlook, By Textiles (2022-2030) ($MN)
20 Global Neopentyl Glycol Market Outlook, By Consumer Goods (2022-2030) ($MN)
21 Global Neopentyl Glycol Market Outlook, By Other End Users (2022-2030) ($MN)
22 North America Neopentyl Glycol Market Outlook, By Country (2022-2030) ($MN)
23 North America Neopentyl Glycol Market Outlook, By Form (2022-2030) ($MN)
24 North America Neopentyl Glycol Market Outlook, By Liquid (2022-2030) ($MN)
25 North America Neopentyl Glycol Market Outlook, By Solid (2022-2030) ($MN)
26 North America Neopentyl Glycol Market Outlook, By Source (2022-2030) ($MN)
27 North America Neopentyl Glycol Market Outlook, By Synthetic (2022-2030) ($MN)
28 North America Neopentyl Glycol Market Outlook, By Bio-based (2022-2030) ($MN)
29 North America Neopentyl Glycol Market Outlook, By Other Sources (2022-2030) ($MN)
30 North America Neopentyl Glycol Market Outlook, By Application (2022-2030) ($MN)
31 North America Neopentyl Glycol Market Outlook, By Polyester Resins (2022-2030) ($MN)
32 North America Neopentyl Glycol Market Outlook, By Plasticizers (2022-2030) ($MN)
33 North America Neopentyl Glycol Market Outlook, By Lubricants (2022-2030) ($MN)
34 North America Neopentyl Glycol Market Outlook, By Chemical Intermediates (2022-2030) ($MN)
35 North America Neopentyl Glycol Market Outlook, By Personal Care Products (2022-2030) ($MN)
36 North America Neopentyl Glycol Market Outlook, By Other Applications (2022-2030) ($MN)
37 North America Neopentyl Glycol Market Outlook, By End User (2022-2030) ($MN)
38 North America Neopentyl Glycol Market Outlook, By Automotive (2022-2030) ($MN)
39 North America Neopentyl Glycol Market Outlook, By Construction (2022-2030) ($MN)
40 North America Neopentyl Glycol Market Outlook, By Textiles (2022-2030) ($MN)
41 North America Neopentyl Glycol Market Outlook, By Consumer Goods (2022-2030) ($MN)
42 North America Neopentyl Glycol Market Outlook, By Other End Users (2022-2030) ($MN)
43 Europe Neopentyl Glycol Market Outlook, By Country (2022-2030) ($MN)
44 Europe Neopentyl Glycol Market Outlook, By Form (2022-2030) ($MN)
45 Europe Neopentyl Glycol Market Outlook, By Liquid (2022-2030) ($MN)
46 Europe Neopentyl Glycol Market Outlook, By Solid (2022-2030) ($MN)
47 Europe Neopentyl Glycol Market Outlook, By Source (2022-2030) ($MN)
48 Europe Neopentyl Glycol Market Outlook, By Synthetic (2022-2030) ($MN)
49 Europe Neopentyl Glycol Market Outlook, By Bio-based (2022-2030) ($MN)
50 Europe Neopentyl Glycol Market Outlook, By Other Sources (2022-2030) ($MN)
51 Europe Neopentyl Glycol Market Outlook, By Application (2022-2030) ($MN)
52 Europe Neopentyl Glycol Market Outlook, By Polyester Resins (2022-2030) ($MN)
53 Europe Neopentyl Glycol Market Outlook, By Plasticizers (2022-2030) ($MN)
54 Europe Neopentyl Glycol Market Outlook, By Lubricants (2022-2030) ($MN)
55 Europe Neopentyl Glycol Market Outlook, By Chemical Intermediates (2022-2030) ($MN)
56 Europe Neopentyl Glycol Market Outlook, By Personal Care Products (2022-2030) ($MN)
57 Europe Neopentyl Glycol Market Outlook, By Other Applications (2022-2030) ($MN)
58 Europe Neopentyl Glycol Market Outlook, By End User (2022-2030) ($MN)
59 Europe Neopentyl Glycol Market Outlook, By Automotive (2022-2030) ($MN)
60 Europe Neopentyl Glycol Market Outlook, By Construction (2022-2030) ($MN)
61 Europe Neopentyl Glycol Market Outlook, By Textiles (2022-2030) ($MN)
62 Europe Neopentyl Glycol Market Outlook, By Consumer Goods (2022-2030) ($MN)
63 Europe Neopentyl Glycol Market Outlook, By Other End Users (2022-2030) ($MN)
64 Aisa Pacific Neopentyl Glycol Market Outlook, By Country (2022-2030) ($MN)
65 Aisa Pacific Neopentyl Glycol Market Outlook, By Form (2022-2030) ($MN)
66 Aisa Pacific Neopentyl Glycol Market Outlook, By Liquid (2022-2030) ($MN)
67 Aisa Pacific Neopentyl Glycol Market Outlook, By Solid (2022-2030) ($MN)
68 Aisa Pacific Neopentyl Glycol Market Outlook, By Source (2022-2030) ($MN)
69 Aisa Pacific Neopentyl Glycol Market Outlook, By Synthetic (2022-2030) ($MN)
70 Aisa Pacific Neopentyl Glycol Market Outlook, By Bio-based (2022-2030) ($MN)
71 Aisa Pacific Neopentyl Glycol Market Outlook, By Other Sources (2022-2030) ($MN)
72 Aisa Pacific Neopentyl Glycol Market Outlook, By Application (2022-2030) ($MN)
73 Aisa Pacific Neopentyl Glycol Market Outlook, By Polyester Resins (2022-2030) ($MN)
74 Aisa Pacific Neopentyl Glycol Market Outlook, By Plasticizers (2022-2030) ($MN)
75 Aisa Pacific Neopentyl Glycol Market Outlook, By Lubricants (2022-2030) ($MN)
76 Aisa Pacific Neopentyl Glycol Market Outlook, By Chemical Intermediates (2022-2030) ($MN)
77 Aisa Pacific Neopentyl Glycol Market Outlook, By Personal Care Products (2022-2030) ($MN)
78 Aisa Pacific Neopentyl Glycol Market Outlook, By Other Applications (2022-2030) ($MN)
79 Aisa Pacific Neopentyl Glycol Market Outlook, By End User (2022-2030) ($MN)
80 Aisa Pacific Neopentyl Glycol Market Outlook, By Automotive (2022-2030) ($MN)
81 Aisa Pacific Neopentyl Glycol Market Outlook, By Construction (2022-2030) ($MN)
82 Aisa Pacific Neopentyl Glycol Market Outlook, By Textiles (2022-2030) ($MN)
83 Aisa Pacific Neopentyl Glycol Market Outlook, By Consumer Goods (2022-2030) ($MN)
84 Aisa Pacific Neopentyl Glycol Market Outlook, By Other End Users (2022-2030) ($MN)
85 South America Neopentyl Glycol Market Outlook, By Country (2022-2030) ($MN)
86 South America Neopentyl Glycol Market Outlook, By Form (2022-2030) ($MN)
87 South America Neopentyl Glycol Market Outlook, By Liquid (2022-2030) ($MN)
88 South America Neopentyl Glycol Market Outlook, By Solid (2022-2030) ($MN)
89 South America Neopentyl Glycol Market Outlook, By Source (2022-2030) ($MN)
90 South America Neopentyl Glycol Market Outlook, By Synthetic (2022-2030) ($MN)
91 South America Neopentyl Glycol Market Outlook, By Bio-based (2022-2030) ($MN)
92 South America Neopentyl Glycol Market Outlook, By Other Sources (2022-2030) ($MN)
93 South America Neopentyl Glycol Market Outlook, By Application (2022-2030) ($MN)
94 South America Neopentyl Glycol Market Outlook, By Polyester Resins (2022-2030) ($MN)
95 South America Neopentyl Glycol Market Outlook, By Plasticizers (2022-2030) ($MN)
96 South America Neopentyl Glycol Market Outlook, By Lubricants (2022-2030) ($MN)
97 South America Neopentyl Glycol Market Outlook, By Chemical Intermediates (2022-2030) ($MN)
98 South America Neopentyl Glycol Market Outlook, By Personal Care Products (2022-2030) ($MN)
99 South America Neopentyl Glycol Market Outlook, By Other Applications (2022-2030) ($MN)
100 South America Neopentyl Glycol Market Outlook, By End User (2022-2030) ($MN)
101 South America Neopentyl Glycol Market Outlook, By Automotive (2022-2030) ($MN)
102 South America Neopentyl Glycol Market Outlook, By Construction (2022-2030) ($MN)
103 South America Neopentyl Glycol Market Outlook, By Textiles (2022-2030) ($MN)
104 South America Neopentyl Glycol Market Outlook, By Consumer Goods (2022-2030) ($MN)
105 South America Neopentyl Glycol Market Outlook, By Other End Users (2022-2030) ($MN)
106 Middle East & Africa Neopentyl Glycol Market Outlook, By Country (2022-2030) ($MN)
107 Middle East & Africa Neopentyl Glycol Market Outlook, By Form (2022-2030) ($MN)
108 Middle East & Africa Neopentyl Glycol Market Outlook, By Liquid (2022-2030) ($MN)
109 Middle East & Africa Neopentyl Glycol Market Outlook, By Solid (2022-2030) ($MN)
110 Middle East & Africa Neopentyl Glycol Market Outlook, By Source (2022-2030) ($MN)
111 Middle East & Africa Neopentyl Glycol Market Outlook, By Synthetic (2022-2030) ($MN)
112 Middle East & Africa Neopentyl Glycol Market Outlook, By Bio-based (2022-2030) ($MN)
113 Middle East & Africa Neopentyl Glycol Market Outlook, By Other Sources (2022-2030) ($MN)
114 Middle East & Africa Neopentyl Glycol Market Outlook, By Application (2022-2030) ($MN)
115 Middle East & Africa Neopentyl Glycol Market Outlook, By Polyester Resins (2022-2030) ($MN)
116 Middle East & Africa Neopentyl Glycol Market Outlook, By Plasticizers (2022-2030) ($MN)
117 Middle East & Africa Neopentyl Glycol Market Outlook, By Lubricants (2022-2030) ($MN)
118 Middle East & Africa Neopentyl Glycol Market Outlook, By Chemical Intermediates (2022-2030) ($MN)
119 Middle East & Africa Neopentyl Glycol Market Outlook, By Personal Care Products (2022-2030) ($MN)
120 Middle East & Africa Neopentyl Glycol Market Outlook, By Other Applications (2022-2030) ($MN)
121 Middle East & Africa Neopentyl Glycol Market Outlook, By End User (2022-2030) ($MN)
122 Middle East & Africa Neopentyl Glycol Market Outlook, By Automotive (2022-2030) ($MN)
123 Middle East & Africa Neopentyl Glycol Market Outlook, By Construction (2022-2030) ($MN)
124 Middle East & Africa Neopentyl Glycol Market Outlook, By Textiles (2022-2030) ($MN)
125 Middle East & Africa Neopentyl Glycol Market Outlook, By Consumer Goods (2022-2030) ($MN)
126 Middle East & Africa Neopentyl Glycol Market Outlook, By Other End Users (2022-2030) ($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
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.
