Research Methodology on Polyurethane Additive Market
1. Introduction:
Market Research Future (MRFR) is a full-service market research organization providing a comprehensive range of research services. We strive to provide actionable insights from our research and consulting services to our wide network of clients to aid in decision-making regarding their market plans. Our market research process involves combining in-depth quantitative surveys, qualitative insights, and industry-specific experience to produce robust insights into the market. In the study of the global market for Polyurethane Additives, MRFR’s market research methodology involves primary interviews, secondary research, desk research, and subject matter experts (SME) networks.
2. Secondary Research:
To build an initial understanding of the size and scope of the global Polyurethane Additives market, MRFR conducted an extensive review of global and regional publications, newspapers, magazines, company reports, relevant studies, conferences, press releases, investor presentations, annual reports, webcasts, and whitepapers. The review of the literature provided insights regarding the current industry structure, industry trends, drivers, and restraints.
3. Primary Research:
In addition to the secondary research, primary interviews were conducted with industry experts, who provided the opinions of market participants on the outlook for the industry, growth drivers and constraints, industry trends, regulatory framework, competitive landscape, and product portfolios. Primary interviews included open-ended, semi-structured, and structured interviews. Primary interviews included manufacturers & end-users (from the horizontal supply chain) and other industry participants such as service providers, consultants, technology experts, advisors, and investors.
4. Desk Research:
Desk research is an integral part of the market research process and provided valuable insights into the Polyurethane Additives industry. Desk research includes economic, demographic, and other related drivers that are impacting the market and those which will have a direct impact on the market in the future.
Desk research also helped to construct a demographic profile of the market, which included:
The key countries in the industry
The types of players operating in the market
The sales/distribution networks of leading players
The competitive landscape
Market trends and developments
5. Market Modelling:
Market modelling is an integral part of the market research process and helps construct detailed market estimates and forecasts. Market modelling involves the development of a market forecast model based on the insights derived from primary interviews, secondary research, and desk research. The development of the market forecast model involves the building of market-specific regression models/curves and the fitting of these curves with historical and current data.
6. Analyzing Data:
Analyzing the data collected from primary and secondary sources is an integral part of the data gathering and analysis process. The collected data was analyzed using quantitative techniques such as descriptive analysis, correlations, and regressions. The data was also analyzed using qualitative techniques such as thematic analysis, triangulation, and comparison. These techniques helped to construct a comprehensive view of the market dynamics and to identify market trends, drivers, and opportunities.
7. Quality Checks & Validation
To ensure that the data collection and analysis provided are of the highest quality and accuracy, MRFR employed a quality check process. This process involved subject matter experts conducting regular reviews and an internal review process that involved evaluation of the research data and analysis. The quality checks also involved ensuring that the data collected and the aanalysis conducted comply with market research best practices.
8. Finalizing the Report
MRFR tracked and monitored the progress of the report in stages. At every stage of the report, MRFR reviewed, validated, and analyzed the data collected and the analysis conducted. The report was further validated through a peer review process. The report has been finalized after ensuring that the data collected and analysis conducted meets the expected standards of the industry.