Oil Refining Market
PUBLISHED: 2021 ID: SMRC20912
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Oil Refining Market

Oil Refining Market Forecasts to 2028 – Global Analysis By Product (Middle Distillates, Fuel Oil), Complexity (Conversion, Topping), Application (Aviation, Rail & Domestic Waterways, Transportation) and By Geography

4.4 (43 reviews)
4.4 (43 reviews)
Published: 2021 ID: SMRC20912

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Oil Refining Market is accounted for $1,345.00 billion in 2020 and is expected to reach $2,363.31 billion by 2028 growing at a CAGR of 7.3% during the forecast period. Upgrading of refineries to fulfill the growing petroleum product demand, rapid industrialization and urbanization and the demand for gasoline and gas oil are driving the market growth. However, increasing acceptance of clean fuel is hampering the growth of the market.

Oil refining refers to post extraction treatment that is utilized to obtain high-quality oil for various uses. Many of impurities such as free fatty acids, gummy substances, ketones, and aldehydes etc are removed in the refining process. Oil refining involves many thermodynamic processes, such as mass and heat transportation phenomena, to improve oil quality and processing efficiency.

Based on the complexity, the topping segment is going to have lucrative growth during the forecast period due to its ability to transform to high value products through the cracking of larger molecules into smaller ones. By geography, North America is going to have high growth during the forecast period due to the modern refineries built in the region that are highly efficient and are more equipped in producing the fuel that meets the strict government regulations. Therefore, the technological advancements are expected to help increase the profit margins for the refinery operators in the region.

Some of the key players profiled in the Oil Refining Market include Sinopec Corporation, China National Petroleum Corporation, ExxonMobil Corporation, Chevron Corporation, Marathon Petroleum Corporation, Indian Oil Corporation Limited, Bharat Petroleum Corporation Limited, Hindustan Petroleum Corporation Limited, Valero Energy Corporation, Kuwait National Petroleum Company, Abu Dhabi National Oil Company, The Phillips 66 Company and PBF Energy Inc.

Report Coverage

Details

Published Year:

2021

Estimated Market Size in 2020:

USD 1,345.00 billion

Estimated Period:

2020

Compound Annual Growth Rate (CAGR) from 2020 to 2028:

7.3%

Predicted 2028 Value:

USD 2,363.31 billion

Forecast Years:

2021-2028

Tables, Graphs& Figures

148

Chapters Covered:

Product, Complexity, Fuel, Application and Region

Core Drivers and Opportunities:

  • Growing aviation industry
  • Rapid industrialization and urbanization
  • Technological development of physical elements of oil refineries

Restraining Factors & Market Threats:

  • Increasing acceptance of clean fuel
  • Increasing adoption of electric vehicles


Products Covered:
• Middle Distillates
• Fuel Oil
• Light Distillates   

Complexities Covered:
• Deep Conversion
• Hydro-Skimming
• Conversion
• Topping

Fuels Covered:
• Gasoil
• Liquefied Petroleum Gas (LPG)
• Gasoline
• Kerosene

Applications Covered:
• Aviation
• Rail & Domestic Waterways
• Transportation
• Petrochemical
• Agriculture
• Marine Bunker
• Residential & Commercial
• Electricity

 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 2019, 2020, 2021, 2025 and 2028
- 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

Key Questions Answered In The Report

The Global Oil Refining Market is majorly driven by upgrading of refineries to fulfill the growing petroleum product demand, rapid industrialization and urbanization and the rising demand for gasoline and gas oil.

The topping segment is growing at a highest CAGR due to its ability to transform to high value products through the cracking of larger molecules into smaller ones.

Asia Pacific dominated with a significant market share due to the factors such as emerging economies are witnessing the commissioning of new refinery projects, including the expansion of existing ones and developing new ones to reduce the dependency on imports.

North America market is growing at a highest CAGR due to the modern refineries built in the region that are highly efficient and are more equipped in producing the fuel that meets the strict government regulations.

Key players in Oil Refining Market includeSinopec Corporation, China National Petroleum Corporation, ExxonMobil Corporation, Chevron Corporation, Marathon Petroleum Corporation, Indian Oil Corporation Limited, Bharat Petroleum Corporation Limited, Hindustan Petroleum Corporation Limited, Valero Energy Corporation, Kuwait National Petroleum Company, Abu Dhabi National Oil Company, The Phillips 66 Company and PBF Energy Inc.

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 Product Analysis    
 3.7 Application 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 Oil Refining Market, By Product     
 5.1 Introduction    
 5.2 Middle Distillates    
 5.3 Fuel Oil    
 5.4 Light Distillates    
      
6 Global Oil Refining Market, By Complexity     
 6.1 Introduction    
 6.2 Deep Conversion    
 6.3 Hydro-Skimming    
 6.4 Conversion    
 6.5 Topping    
      
7 Global Oil Refining Market, By Fuel     
 7.1 Introduction     
 7.2 Gasoil    
 7.3 Liquefied Petroleum Gas (LPG)    
 7.4 Gasoline    
 7.5 Kerosene    
      
8 Global Oil Refining Market, By Application     
 8.1 Introduction    
 8.2 Aviation    
 8.3 Rail & Domestic Waterways    
 8.4 Transportation     
 8.5 Petrochemical    
 8.6 Agriculture    
 8.7 Marine Bunker    
 8.8 Residential & Commercial    
 8.9 Electricity    
      
9 Global Oil Refining 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 Sinopec Corporation    
 11.2 China National Petroleum Corporation    
 11.3 ExxonMobil Corporation    
 11.4 Chevron Corporation    
 11.5 Marathon Petroleum Corporation    
 11.6 Indian Oil Corporation Limited    
 11.7 Bharat Petroleum Corporation Limited    
 11.8 Hindustan Petroleum Corporation Limited    
 11.9 Valero Energy Corporation    
 11.10 Kuwait National Petroleum Company    
 11.11 Abu Dhabi National Oil Company    
 11.12 The Phillips 66 Company    
 11.13 PBF Energy Inc    


List of Tables      
1 Global Oil Refining Market Outlook, By Region (2019-2028) ($MN)     
2 Global Oil Refining Market Outlook, By Product (2019-2028) ($MN)     
3 Global Oil Refining Market Outlook, By Middle Distillates (2019-2028) ($MN)     
4 Global Oil Refining Market Outlook, By Fuel Oil (2019-2028) ($MN)     
5 Global Oil Refining Market Outlook, By Light Distillates (2019-2028) ($MN)     
6 Global Oil Refining Market Outlook, By Complexity (2019-2028) ($MN)     
7 Global Oil Refining Market Outlook, By Deep Conversion (2019-2028) ($MN)     
8 Global Oil Refining Market Outlook, By Hydro-Skimming (2019-2028) ($MN)     
9 Global Oil Refining Market Outlook, By Conversion (2019-2028) ($MN)     
10 Global Oil Refining Market Outlook, By Topping (2019-2028) ($MN)     
11 Global Oil Refining Market Outlook, By Fuel (2019-2028) ($MN)     
12 Global Oil Refining Market Outlook, By Gasoil (2019-2028) ($MN)     
13 Global Oil Refining Market Outlook, By Liquefied Petroleum Gas (LPG) (2019-2028) ($MN)     
14 Global Oil Refining Market Outlook, By Gasoline (2019-2028) ($MN)     
15 Global Oil Refining Market Outlook, By Kerosene (2019-2028) ($MN)     
16 Global Oil Refining Market Outlook, By Application (2019-2028) ($MN)     
17 Global Oil Refining Market Outlook, By Aviation (2019-2028) ($MN)     
18 Global Oil Refining Market Outlook, By Rail & Domestic Waterways (2019-2028) ($MN)     
19 Global Oil Refining Market Outlook, By Transportation (2019-2028) ($MN)     
20 Global Oil Refining Market Outlook, By Petrochemical (2019-2028) ($MN)     
21 Global Oil Refining Market Outlook, By Agriculture (2019-2028) ($MN)     
22 Global Oil Refining Market Outlook, By Marine Bunker (2019-2028) ($MN)     
23 Global Oil Refining Market Outlook, By Residential & Commercial (2019-2028) ($MN)     
24 Global Oil Refining Market Outlook, By Electricity (2019-2028) ($MN)     
25 North America Oil Refining Market Outlook, By Country (2019-2028) ($MN)     
26 North America Oil Refining Market Outlook, By Product (2019-2028) ($MN)     
27 North America Oil Refining Market Outlook, By Middle Distillates (2019-2028) ($MN)     
28 North America Oil Refining Market Outlook, By Fuel Oil (2019-2028) ($MN)     
29 North America Oil Refining Market Outlook, By Light Distillates (2019-2028) ($MN)     
30 North America Oil Refining Market Outlook, By Complexity (2019-2028) ($MN)     
31 North America Oil Refining Market Outlook, By Deep Conversion (2019-2028) ($MN)     
32 North America Oil Refining Market Outlook, By Hydro-Skimming (2019-2028) ($MN)     
33 North America Oil Refining Market Outlook, By Conversion (2019-2028) ($MN)     
34 North America Oil Refining Market Outlook, By Topping (2019-2028) ($MN)     
35 North America Oil Refining Market Outlook, By Fuel (2019-2028) ($MN)     
36 North America Oil Refining Market Outlook, By Gasoil (2019-2028) ($MN)     
37 North America Oil Refining Market Outlook, By Liquefied Petroleum Gas (LPG) (2019-2028) ($MN)     
38 North America Oil Refining Market Outlook, By Gasoline (2019-2028) ($MN)     
39 North America Oil Refining Market Outlook, By Kerosene (2019-2028) ($MN)     
40 North America Oil Refining Market Outlook, By Application (2019-2028) ($MN)     
41 North America Oil Refining Market Outlook, By Aviation (2019-2028) ($MN)     
42 North America Oil Refining Market Outlook, By Rail & Domestic Waterways (2019-2028) ($MN)     
43 North America Oil Refining Market Outlook, By Transportation (2019-2028) ($MN)     
44 North America Oil Refining Market Outlook, By Petrochemical (2019-2028) ($MN)     
45 North America Oil Refining Market Outlook, By Agriculture (2019-2028) ($MN)      
46 North America Oil Refining Market Outlook, By Marine Bunker (2019-2028) ($MN)     
47 North America Oil Refining Market Outlook, By Residential & Commercial (2019-2028) ($MN)     
48 North America Oil Refining Market Outlook, By Electricity (2019-2028) ($MN)     
49 Europe Oil Refining Market Outlook, By Country (2019-2028) ($MN)     
50 Europe Oil Refining Market Outlook, By Product (2019-2028) ($MN)     
51 Europe Oil Refining Market Outlook, By Middle Distillates (2019-2028) ($MN)     
52 Europe Oil Refining Market Outlook, By Fuel Oil (2019-2028) ($MN)     
53 Europe Oil Refining Market Outlook, By Light Distillates (2019-2028) ($MN)     
54 Europe Oil Refining Market Outlook, By Complexity (2019-2028) ($MN)     
55 Europe Oil Refining Market Outlook, By Deep Conversion (2019-2028) ($MN)     
56 Europe Oil Refining Market Outlook, By Hydro-Skimming (2019-2028) ($MN)     
57 Europe Oil Refining Market Outlook, By Conversion (2019-2028) ($MN)     
58 Europe Oil Refining Market Outlook, By Topping (2019-2028) ($MN)     
59 Europe Oil Refining Market Outlook, By Fuel (2019-2028) ($MN)     
60 Europe Oil Refining Market Outlook, By Gasoil (2019-2028) ($MN)     
61 Europe Oil Refining Market Outlook, By Liquefied Petroleum Gas (LPG) (2019-2028) ($MN)     
62 Europe Oil Refining Market Outlook, By Gasoline (2019-2028) ($MN)     
63 Europe Oil Refining Market Outlook, By Kerosene (2019-2028) ($MN)     
64 Europe Oil Refining Market Outlook, By Application (2019-2028) ($MN)     
65 Europe Oil Refining Market Outlook, By Aviation (2019-2028) ($MN)     
66 Europe Oil Refining Market Outlook, By Rail & Domestic Waterways (2019-2028) ($MN)     
67 Europe Oil Refining Market Outlook, By Transportation (2019-2028) ($MN)     
68 Europe Oil Refining Market Outlook, By Petrochemical (2019-2028) ($MN)     
69 Europe Oil Refining Market Outlook, By Agriculture (2019-2028) ($MN)     
70 Europe Oil Refining Market Outlook, By Marine Bunker (2019-2028) ($MN)     
71 Europe Oil Refining Market Outlook, By Residential & Commercial (2019-2028) ($MN)     
72 Europe Oil Refining Market Outlook, By Electricity (2019-2028) ($MN)     
73 Asia Pacific Oil Refining Market Outlook, By Country (2019-2028) ($MN)     
74 Asia Pacific Oil Refining Market Outlook, By Product (2019-2028) ($MN)     
75 Asia Pacific Oil Refining Market Outlook, By Middle Distillates (2019-2028) ($MN)     
76 Asia Pacific Oil Refining Market Outlook, By Fuel Oil (2019-2028) ($MN)     
77 Asia Pacific Oil Refining Market Outlook, By Light Distillates (2019-2028) ($MN)     
78 Asia Pacific Oil Refining Market Outlook, By Complexity (2019-2028) ($MN)     
79 Asia Pacific Oil Refining Market Outlook, By Deep Conversion (2019-2028) ($MN)     
80 Asia Pacific Oil Refining Market Outlook, By Hydro-Skimming (2019-2028) ($MN)     
81 Asia Pacific Oil Refining Market Outlook, By Conversion (2019-2028) ($MN)     
82 Asia Pacific Oil Refining Market Outlook, By Topping (2019-2028) ($MN)     
83 Asia Pacific Oil Refining Market Outlook, By Fuel (2019-2028) ($MN)     
84 Asia Pacific Oil Refining Market Outlook, By Gasoil (2019-2028) ($MN)     
85 Asia Pacific Oil Refining Market Outlook, By Liquefied Petroleum Gas (LPG) (2019-2028) ($MN)     
86 Asia Pacific Oil Refining Market Outlook, By Gasoline (2019-2028) ($MN)     
87 Asia Pacific Oil Refining Market Outlook, By Kerosene (2019-2028) ($MN)     
88 Asia Pacific Oil Refining Market Outlook, By Application (2019-2028) ($MN)     
89 Asia Pacific Oil Refining Market Outlook, By Aviation (2019-2028) ($MN)     
90 Asia Pacific Oil Refining Market Outlook, By Rail & Domestic Waterways (2019-2028) ($MN)     
91 Asia Pacific Oil Refining Market Outlook, By Transportation (2019-2028) ($MN)     
92 Asia Pacific Oil Refining Market Outlook, By Petrochemical (2019-2028) ($MN)     
93 Asia Pacific Oil Refining Market Outlook, By Agriculture (2019-2028) ($MN)     
94 Asia Pacific Oil Refining Market Outlook, By Marine Bunker (2019-2028) ($MN)     
95 Asia Pacific Oil Refining Market Outlook, By Residential & Commercial (2019-2028) ($MN)     
96 Asia Pacific Oil Refining Market Outlook, By Electricity (2019-2028) ($MN)     
97 South America Oil Refining Market Outlook, By Country (2019-2028) ($MN)     
98 South America Oil Refining Market Outlook, By Product (2019-2028) ($MN)     
99 South America Oil Refining Market Outlook, By Middle Distillates (2019-2028) ($MN)     
100 South America Oil Refining Market Outlook, By Fuel Oil (2019-2028) ($MN)     
101 South America Oil Refining Market Outlook, By Light Distillates (2019-2028) ($MN)     
102 South America Oil Refining Market Outlook, By Complexity (2019-2028) ($MN)     
103 South America Oil Refining Market Outlook, By Deep Conversion (2019-2028) ($MN)     
104 South America Oil Refining Market Outlook, By Hydro-Skimming (2019-2028) ($MN)     
105 South America Oil Refining Market Outlook, By Conversion (2019-2028) ($MN)     
106 South America Oil Refining Market Outlook, By Topping (2019-2028) ($MN)     
107 South America Oil Refining Market Outlook, By Fuel (2019-2028) ($MN)     
108 South America Oil Refining Market Outlook, By Gasoil (2019-2028) ($MN)     
109 South America Oil Refining Market Outlook, By Liquefied Petroleum Gas (LPG) (2019-2028) ($MN)     
110 South America Oil Refining Market Outlook, By Gasoline (2019-2028) ($MN)     
111 South America Oil Refining Market Outlook, By Kerosene (2019-2028) ($MN)     
112 South America Oil Refining Market Outlook, By Application (2019-2028) ($MN)     
113 South America Oil Refining Market Outlook, By Aviation (2019-2028) ($MN)     
114 South America Oil Refining Market Outlook, By Rail & Domestic Waterways (2019-2028) ($MN)     
115 South America Oil Refining Market Outlook, By Transportation (2019-2028) ($MN)     
116 South America Oil Refining Market Outlook, By Petrochemical (2019-2028) ($MN)     
117 South America Oil Refining Market Outlook, By Agriculture (2019-2028) ($MN)     
118 South America Oil Refining Market Outlook, By Marine Bunker (2019-2028) ($MN)     
119 South America Oil Refining Market Outlook, By Residential & Commercial (2019-2028) ($MN)     
120 South America Oil Refining Market Outlook, By Electricity (2019-2028) ($MN)     
121 Middle East & Africa Oil Refining Market Outlook, By Country (2019-2028) ($MN)     
122 Middle East & Africa Oil Refining Market Outlook, By Product (2019-2028) ($MN)     
123 Middle East & Africa Oil Refining Market Outlook, By Middle Distillates (2019-2028) ($MN)     
124 Middle East & Africa Oil Refining Market Outlook, By Fuel Oil (2019-2028) ($MN)     
125 Middle East & Africa Oil Refining Market Outlook, By Light Distillates (2019-2028) ($MN)     
126 Middle East & Africa Oil Refining Market Outlook, By Complexity (2019-2028) ($MN)     
127 Middle East & Africa Oil Refining Market Outlook, By Deep Conversion (2019-2028) ($MN)     
128 Middle East & Africa Oil Refining Market Outlook, By Hydro-Skimming (2019-2028) ($MN)     
129 Middle East & Africa Oil Refining Market Outlook, By Conversion (2019-2028) ($MN)     
130 Middle East & Africa Oil Refining Market Outlook, By Topping (2019-2028) ($MN)     
131 Middle East & Africa Oil Refining Market Outlook, By Fuel (2019-2028) ($MN)     
132 Middle East & Africa Oil Refining Market Outlook, By Gasoil (2019-2028) ($MN)     
133 Middle East & Africa Oil Refining Market Outlook, By Liquefied Petroleum Gas (LPG) (2019-2028) ($MN)     
134 Middle East & Africa Oil Refining Market Outlook, By Gasoline (2019-2028) ($MN)     
135 Middle East & Africa Oil Refining Market Outlook, By Kerosene (2019-2028) ($MN)     
136 Middle East & Africa Oil Refining Market Outlook, By Application (2019-2028) ($MN)     
137 Middle East & Africa Oil Refining Market Outlook, By Aviation (2019-2028) ($MN)     
138 Middle East & Africa Oil Refining Market Outlook, By Rail & Domestic Waterways (2019-2028) ($MN)     
139 Middle East & Africa Oil Refining Market Outlook, By Transportation (2019-2028) ($MN)     
140 Middle East & Africa Oil Refining Market Outlook, By Petrochemical (2019-2028) ($MN)     
141 Middle East & Africa Oil Refining Market Outlook, By Agriculture (2019-2028) ($MN)     
142 Middle East & Africa Oil Refining Market Outlook, By Marine Bunker (2019-2028) ($MN)     
143 Middle East & Africa Oil Refining Market Outlook, By Residential & Commercial (2019-2028) ($MN)     
144 Middle East & Africa Oil Refining Market Outlook, By Electricity (2019-2028) ($MN)

List of Figures

RESEARCH METHODOLOGY


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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