Research Methodology on Bio-based Propylene Glycol Market
The methodology adopted for this research report entitled “Bio-Based Propylene Glycol Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast till 2030” is based on both Primary research and Secondary research.
The primary research involves extensive interviews and analysis of the opinions of industry professionals, market analysts, and experts. Secondary research involves a search of relevant publications, websites, and press releases. Both primary and secondary research employs different aspects of Market research methodology, such as bottom-up and top-down approaches to generate the data and information.
Secondary Sources:
The secondary sources provide an abundance of detailed and granular data, which is used to analyze the overall market scenario. The secondary sources employed for this study include annual reports, company websites, industry journals and other research publications like “bio-based plastics & composites”, magazines, newspapers, white papers, government websites, journals & databases. All the data collected from these sources is verified through primary research, which involves extensive interviews with industry professionals, investors, etc.
Primary Sources:
This includes extensive interviews with market experts, directors, CEOs, and executives. Furthermore, both industry professionals and subject matter experts have been consulted in the primary research process to acquire the most accurate data and validate the analysis.
Data Collection Tools:
Data collection is conducted by taking into account various factors that influence the market and its overall performance. Qualitative and quantitative methods are used, and the collected data is analyzed with various analysis tools such as Porter’s Five Forces, SWOT, and industry trend analysis. Structured questionnaires are also used to collect primary data, which is then validated through interviews.
Research Model Used:
The research model used in this research report is the quantitative research model. This model helps in understanding the market scale and the applicable drivers and restraints which affect it. It is also used to predict the future potential of the market. This model includes primary and secondary research and data analysis which is conducted to gain insights into the global bio-based propylene glycol market.
Data Triangulation:
Data triangulation helps in verifying the accuracy and reliability of the data collected from different sources. The data collected from different sources are compared and validated so that there is no discrepancy in the report. The data and information collected from various sources are triangulated and checked for accuracy and reliability.
Assumptions:
The assumptions of this research report include market risk, revenue growth, and technological advancements. It is assumed that market participants are focusing more on cost, which may impede the revenue growth of the market. The technological advancements are assumed to be implemented within the market, as that may increase the growth of the bio-based propylene glycol market in the coming years.
