Research Methodology on Diesel Exhaust Fluid (AdBlue)
Market Research Future (MRFR) has employed a rigorous methodology for determining the global Diesel Exhaust Fluid (DEF) market size. The research methodology implemented by MRFR includes analysis of data that is gathered from secondary sources such as industry and trade journals, company directories, and government reports. Moreover, data from other primary sources, such as surveys and interviews, also constitute a major chunk of the data analyzed for this research report.
Primary Research
Primary research is a crucial part of the data collection and market sizing process performed by MRFR. For this purpose, detailed feedback was collected from industry experts, key opinion leaders (KOLs), stakeholders and end-users. Insightful and in-depth interviews were conducted with these industry contributors for experiential data collection about the current and forecasted DEF market developments.
Secondary Research
MRFR combed through and analyzed available information from both public and private domain sources. These sources include press releases from major DEF industry players, industry-documented data from market players, trade journals, and industry reports.
Data Validation
In order to ensure the accuracy of the data collected, multiple layers of validation processes are employed. Both primary sources and secondary sources validate the collected data. Moreover, the data is also triangulated based on the different analyses performed to arrive at an accurate market size and forecast.
Market Size Estimation
In order to determine the size of the global DEF market, top-down and bottom-up approaches are employed. In the top-down approach, the overall DEF market size is estimated based on the total sales of DEFs to automotive companies across the globe. The bottom-up approach is used to obtain the DEF market size from the sum of the individual market sales. The data collected from secondary sources were further used to get its CAGR for the next five years.
Data Analysis Technique
In order to project and provide an accurate size of the global DEF market, MRFR implemented various data analysis techniques such as Porter’s Five Forces Analysis, SWOT Analysis, Value Chain Analysis, and Market Attractiveness Analysis. These techniques helped in assessing the current and future opportunities in the DEF market.
Ongoing Trends
MRFR monitored industry events, interviews, press releases, presentations, and articles of top DEF market players to understand the current trends in the DEF market and identify any other key developments. These players are also monitored to understand their respective business strategies to develop a robust competitive analysis of the global diesel exhaust fluid (DEF) market.