Diethylaminoethyl Hexanoate Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application
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Introduction
Diethylaminoethyl Hexanoate (DA-6) is a plant growth regulator designed to enhance crop yield, stress resistance, and growth efficiency, available in formulations such as soluble granules, soluble powders, wettable powders, water-soluble solutions, and water-dispersible granules. It promotes cell division and nutrient uptake, making it a valuable tool in modern agriculture. The market is characterized by its efficacy, versatility, and increasing adoption in crop production, reflecting a sector driven by the need for higher agricultural productivity, climate resilience, and sustainable farming practices. Key growth drivers include rising global food demand, advancements in plant growth regulator technology, and expanding agricultural intensification in developing regions.
Market Size and Growth Forecast
The global diethylaminoethyl hexanoate market is estimated to reach USD 80 to 120 million in 2025, with a projected compound annual growth rate (CAGR) of 4.0% to 5.0% from 2025 to 2030. This growth is propelled by increasing use in crop enhancement and agricultural modernization.
Regional Analysis
North America: Holds 45-50% market share, with a growth rate of 3-4%. The United States leads with use in specialty crops, while Canada focuses on cereals.
Europe: Accounts for 20-25% market share, with a growth rate of 3-4%. Germany and France drive demand with precision farming applications.
Asia Pacific: Represents 20-25% market share, with a growth rate of 5-6%. China and India dominate due to extensive crop production and government support.
Rest of the World: Holds 5-10% market share, growing at 4-5%, with Brazil leading due to soybean and fruit applications.
Trends in Asia Pacific favor high-volume use, while Europe emphasizes sustainable formulations.
Application Analysis
Soluble granules grow at 4-5%, valued for ease of application, with trends toward use in cereals. Soluble powders grow at 3-4%, driven by cost-effectiveness, with trends toward vegetable crops. Wettable powders grow at 4-5%, supporting traditional use, with trends toward fruit enhancement. Water-soluble solutions grow at 5-6%, favored for precision, with trends toward greenhouse crops. Water-dispersible granules grow at 4-5%, driven by modern farming, with trends toward broad-acre adoption.
Key Market Players
Sichuan Guoguang Agrochemical: Based in Sichuan, China, Guoguang specializes in plant growth regulators. It offers DA-6 in soluble granules and powders, serving Asian farmers with effective, affordable solutions for crop yield improvement.
Hebi Quanfeng Biotechnology: Located in Henan, China, Quanfeng is a major DA-6 producer. It provides water-soluble solutions and granules, targeting Asia Pacific markets with scalable, high-efficacy products for cereals and fruits.
Guangdong Geolong Biotechnology: Headquartered in Guangdong, China, Geolong focuses on agrochemicals. It offers DA-6 in wettable powders, serving Chinese farmers with practical solutions for vegetable and fruit growth.
Zhengzhou Zhengshi Chemical: Operating from Zhengzhou, China, Zhengshi specializes in plant regulators. It provides DA-6 in water-dispersible granules, targeting Asian markets with efficient, modern formulations.
Zhengzhou Nongda Biochemical: Based in Zhengzhou, China, Nongda offers DA-6 for crop enhancement. It produces soluble powders, serving Asian farmers with cost-effective, reliable products for yield improvement.
Redox Industries: Located in Gujarat, India, Redox focuses on agrochemical solutions. It offers DA-6 in soluble granules, targeting South Asian markets with affordable, growth-enhancing formulations.
Alligo Horizon: Operating from Nashik, India, Alligo specializes in plant growth regulators. It provides DA-6 in water-soluble solutions, serving Indian farmers with precise, high-quality products for fruits and vegetables.
These companies compete on efficacy, cost, and formulation variety, driving the market with tailored solutions.
Porter’s Five Forces Analysis
The threat of new entrants is moderate, requiring technical expertise and regulatory approval, though low-cost production eases entry. Substitutes are medium, with other growth regulators competing. Buyer power is medium, with farmers negotiating prices, but yield needs sustain demand. Supplier power is moderate, with raw materials available. Rivalry is moderate, with differentiation through efficacy and cost.
Market Opportunities and Challenges
Opportunities
Rising food demand boosting regulator use.
Advancements in formulations enhancing appeal.
Government support for agriculture driving adoption.
Challenges
Regulatory restrictions limiting growth in developed markets.
High production costs affecting affordability.
Limited awareness in some regions constraining uptake.
Growth Trend Analysis
Guangdong Geolong Biotechnology’s DA-6 capacity is 300 tons, while Hebi Quanfeng Biotechnology’s is 1,500 tons with a 500-ton expansion plan, signaling strong production in China. Statista reports global plant growth regulator use at 51.69 thousand metric tons in 2022, and FAO notes plants provide 80% of daily calories and 98% of oxygen, underscoring agriculture’s importance. The market’s 4-5% CAGR reflects growing demand for yield enhancement, especially in Asia Pacific, despite regulatory and cost challenges.
Chapter 1 Executive Summary
Chapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Diethylaminoethyl Hexanoate Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Trading Analysis
8.1 Export of Diethylaminoethyl Hexanoate by Region
8.2 Import of Diethylaminoethyl Hexanoate by Region
8.3 Balance of Trade
Chapter 9 Historical and Forecast Diethylaminoethyl Hexanoate Market in North America (2020-2030)
9.1 Diethylaminoethyl Hexanoate Market Size
9.2 Diethylaminoethyl Hexanoate Demand by End Use
9.3 Competition by Players/Suppliers
9.4 Type Segmentation and Price
9.5 Key Countries Analysis
9.5.1 United States
9.5.2 Canada
9.5.3 Mexico
Chapter 10 Historical and Forecast Diethylaminoethyl Hexanoate Market in South America (2020-2030)
10.1 Diethylaminoethyl Hexanoate Market Size
10.2 Diethylaminoethyl Hexanoate Demand by End Use
10.3 Competition by Players/Suppliers
10.4 Type Segmentation and Price
10.5 Key Countries Analysis
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Chile
10.5.4 Peru
Chapter 11 Historical and Forecast Diethylaminoethyl Hexanoate Market in Asia & Pacific (2020-2030)
11.1 Diethylaminoethyl Hexanoate Market Size
11.2 Diethylaminoethyl Hexanoate Demand by End Use
11.3 Competition by Players/Suppliers
11.4 Type Segmentation and Price
11.5 Key Countries Analysis
11.5.1 China
11.5.2 India
11.5.3 Japan
11.5.4 South Korea
11.5.5 Asean
11.5.6 Australia
Chapter 12 Historical and Forecast Diethylaminoethyl Hexanoate Market in Europe (2020-2030)
12.1 Diethylaminoethyl Hexanoate Market Size
12.2 Diethylaminoethyl Hexanoate Demand by End Use
12.3 Competition by Players/Suppliers
12.4 Type Segmentation and Price
12.5 Key Countries Analysis
12.5.1 Germany
12.5.2 France
12.5.3 United Kingdom
12.5.4 Italy
12.5.5 Spain
12.5.6 Belgium
12.5.7 Netherlands
12.5.8 Austria
12.5.9 Poland
12.5.10 Russia
Chapter 13 Historical and Forecast Diethylaminoethyl Hexanoate Market in MEA (2020-2030)
13.1 Diethylaminoethyl Hexanoate Market Size
13.2 Diethylaminoethyl Hexanoate Demand by End Use
13.3 Competition by Players/Suppliers
13.4 Type Segmentation and Price
13.5 Key Countries Analysis
13.5.1 Egypt
13.5.2 Israel
13.5.3 South Africa
13.5.4 Gulf Cooperation Council Countries
13.5.5 Turkey
Chapter 14 Summary For Global Diethylaminoethyl Hexanoate Market (2020-2030)
14.1 Diethylaminoethyl Hexanoate Market Size
14.2 Diethylaminoethyl Hexanoate Demand by End Use
14.3 Competition by Players/Suppliers
14.4 Type Segmentation and Price
Chapter 15 Global Diethylaminoethyl Hexanoate Market Forecast (2021-2026)
15.1 Diethylaminoethyl Hexanoate Market Size Forecast
15.2 Diethylaminoethyl Hexanoate Demand Forecast
15.3 Competition by Players/Suppliers
15.4 Type Segmentation and Price Forecast
Chapter 16 Analysis of Global Key Vendors
15.1 Sichuan Guoguang Agrochemical
15.1.1 Company Profile
15.1.2 Main Business and Diethylaminoethyl Hexanoate Information
15.1.3 SWOT Analysis of Sichuan Guoguang Agrochemical
15.1.4 Sichuan Guoguang Agrochemical Diethylaminoethyl Hexanoate Sales, Revenue, Price and Gross Margin (2020-2025)
15.2 Hebi Quanfeng Biotechnology
15.2.1 Company Profile
15.2.2 Main Business and Diethylaminoethyl Hexanoate Information
15.2.3 SWOT Analysis of Hebi Quanfeng Biotechnology
15.2.4 Hebi Quanfeng Biotechnology Diethylaminoethyl Hexanoate Sales, Revenue, Price and Gross Margin (2020-2025)
15.3 Guangdong Geolong Biotechnology
15.3.1 Company Profile
15.3.2 Main Business and Diethylaminoethyl Hexanoate Information
15.3.3 SWOT Analysis of Guangdong Geolong Biotechnology
15.3.4 Guangdong Geolong Biotechnology Diethylaminoethyl Hexanoate Sales, Revenue, Price and Gross Margin (2020-2025)
15.4 Zhengzhou Zhengshi Chemical
15.4.1 Company Profile
15.4.2 Main Business and Diethylaminoethyl Hexanoate Information
15.4.3 SWOT Analysis of Zhengzhou Zhengshi Chemical
15.4.4 Zhengzhou Zhengshi Chemical Diethylaminoethyl Hexanoate Sales, Revenue, Price and Gross Margin (2020-2025)
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Table Research Scope Of Diethylaminoethyl Hexanoate Report
Table Data Sources Of Diethylaminoethyl Hexanoate Report
Table Major Assumptions Of Diethylaminoethyl Hexanoate Report
Table Diethylaminoethyl Hexanoate Classification
Table Diethylaminoethyl Hexanoate Applications List
Table Drivers Of Diethylaminoethyl Hexanoate Market
Table Restraints Of Diethylaminoethyl Hexanoate Market
Table Opportunities Of Diethylaminoethyl Hexanoate Market
Table Threats Of Diethylaminoethyl Hexanoate Market
Table Raw Materials Suppliers List
Table Different Production Methods Of Diethylaminoethyl Hexanoate
Table Cost Structure Analysis Of Diethylaminoethyl Hexanoate
Table Key End Users List
Table Latest News Of Diethylaminoethyl Hexanoate Market
Table Merger And Acquisition List
Table Planned/Future Project Of Diethylaminoethyl Hexanoate Market
Table Policy Of Diethylaminoethyl Hexanoate Market
Table 2020-2030 Regional Export Of Diethylaminoethyl Hexanoate
Table 2020-2030 Regional Import Of Diethylaminoethyl Hexanoate
Table 2020-2030 Regional Trade Balance
Table 2020-2030 North America Diethylaminoethyl Hexanoate Market Size And Market Volume List
Table 2020-2030 North America Diethylaminoethyl Hexanoate Demand List By Application
Table 2020-2025 North America Diethylaminoethyl Hexanoate Key Players Sales List
Table 2020-2025 North America Diethylaminoethyl Hexanoate Key Players Market Share List
Table 2020-2030 North America Diethylaminoethyl Hexanoate Demand List By Type
Table 2020-2025 North America Diethylaminoethyl Hexanoate Price List By Type
Table 2020-2030 United States Diethylaminoethyl Hexanoate Market Size And Market Volume List
Table 2020-2030 United States Diethylaminoethyl Hexanoate Import & Export List
Table 2020-2030 Canada Diethylaminoethyl Hexanoate Market Size And Market Volume List
Table 2020-2030 Canada Diethylaminoethyl Hexanoate Import & Export List
Table 2020-2030 Mexico Diethylaminoethyl Hexanoate Market Size And Market Volume List
Table 2020-2030 Mexico Diethylaminoethyl Hexanoate Import & Export List
Table 2020-2030 South America Diethylaminoethyl Hexanoate Market Size And Market Volume List
Table 2020-2030 South America Diethylaminoethyl Hexanoate Demand List By Application
Table 2020-2025 South America Diethylaminoethyl Hexanoate Key Players Sales List
Table 2020-2025 South America Diethylaminoethyl Hexanoate Key Players Market Share List
Table 2020-2030 South America Diethylaminoethyl Hexanoate Demand List By Type
Table 2020-2025 South America Diethylaminoethyl Hexanoate Price List By Type
Table 2020-2030 Brazil Diethylaminoethyl Hexanoate Market Size And Market Volume List
Table 2020-2030 Brazil Diethylaminoethyl Hexanoate Import & Export List
Table 2020-2030 Argentina Diethylaminoethyl Hexanoate Market Size And Market Volume List
Table 2020-2030 Argentina Diethylaminoethyl Hexanoate Import & Export List
Table 2020-2030 Chile Diethylaminoethyl Hexanoate Market Size And Market Volume List
Table 2020-2030 Chile Diethylaminoethyl Hexanoate Import & Export List
Table 2020-2030 Peru Diethylaminoethyl Hexanoate Market Size And Market Volume List
Table 2020-2030 Peru Diethylaminoethyl Hexanoate Import & Export List
Table 2020-2030 Asia & Pacific Diethylaminoethyl Hexanoate Market Size And Market Volume List
Table 2020-2030 Asia & Pacific Diethylaminoethyl Hexanoate Demand List By Application
Table 2020-2025 Asia & Pacific Diethylaminoethyl Hexanoate Key Players Sales List
Table 2020-2025 Asia & Pacific Diethylaminoethyl Hexanoate Key Players Market Share List
Table 2020-2030 Asia & Pacific Diethylaminoethyl Hexanoate Demand List By Type
Table 2020-2025 Asia & Pacific Diethylaminoethyl Hexanoate Price List By Type
Table 2020-2030 China Diethylaminoethyl Hexanoate Market Size And Market Volume List
Table 2020-2030 China Diethylaminoethyl Hexanoate Import & Export List
Table 2020-2030 India Diethylaminoethyl Hexanoate Market Size And Market Volume List
Table 2020-2030 India Diethylaminoethyl Hexanoate Import & Export List
Table 2020-2030 Japan Diethylaminoethyl Hexanoate Market Size And Market Volume List
Table 2020-2030 Japan Diethylaminoethyl Hexanoate Import & Export List
Table 2020-2030 South Korea Diethylaminoethyl Hexanoate Market Size And Market Volume List
Table 2020-2030 South Korea Diethylaminoethyl Hexanoate Import & Export List
Table 2020-2030 Southeast Asia Diethylaminoethyl Hexanoate Market Size List
Table 2020-2030 Southeast Asia Diethylaminoethyl Hexanoate Market Volume List
Table 2020-2030 Southeast Asia Diethylaminoethyl Hexanoate Import List
Table 2020-2030 Southeast Asia Diethylaminoethyl Hexanoate Export List
Table 2020-2030 Australia Diethylaminoethyl Hexanoate Market Size And Market Volume List
Table 2020-2030 Australia Diethylaminoethyl Hexanoate Import & Export List
Table 2020-2030 Europe Diethylaminoethyl Hexanoate Market Size And Market Volume List
Table 2020-2030 Europe Diethylaminoethyl Hexanoate Demand List By Application
Table 2020-2025 Europe Diethylaminoethyl Hexanoate Key Players Sales List
Table 2020-2025 Europe Diethylaminoethyl Hexanoate Key Players Market Share List
Table 2020-2030 Europe Diethylaminoethyl Hexanoate Demand List By Type
Table 2020-2025 Europe Diethylaminoethyl Hexanoate Price List By Type
Table 2020-2030 Germany Diethylaminoethyl Hexanoate Market Size And Market Volume List
Table 2020-2030 Germany Diethylaminoethyl Hexanoate Import & Export List
Table 2020-2030 France Diethylaminoethyl Hexanoate Market Size And Market Volume List
Table 2020-2030 France Diethylaminoethyl Hexanoate Import & Export List
Table 2020-2030 United Kingdom Diethylaminoethyl Hexanoate Market Size And Market Volume List
Table 2020-2030 United Kingdom Diethylaminoethyl Hexanoate Import & Export List
Table 2020-2030 Italy Diethylaminoethyl Hexanoate Market Size And Market Volume List
Table 2020-2030 Italy Diethylaminoethyl Hexanoate Import & Export List
Table 2020-2030 Spain Diethylaminoethyl Hexanoate Market Size And Market Volume List
Table 2020-2030 Spain Diethylaminoethyl Hexanoate Import & Export List
Table 2020-2030 Belgium Diethylaminoethyl Hexanoate Market Size And Market Volume List
Table 2020-2030 Belgium Diethylaminoethyl Hexanoate Import & Export List
Table 2020-2030 Netherlands Diethylaminoethyl Hexanoate Market Size And Market Volume List
Table 2020-2030 Netherlands Diethylaminoethyl Hexanoate Import & Export List
Table 2020-2030 Austria Diethylaminoethyl Hexanoate Market Size And Market Volume List
Table 2020-2030 Austria Diethylaminoethyl Hexanoate Import & Export List
Table 2020-2030 Poland Diethylaminoethyl Hexanoate Market Size And Market Volume List
Table 2020-2030 Poland Diethylaminoethyl Hexanoate Import & Export List
Table 2020-2030 Russia Diethylaminoethyl Hexanoate Market Size And Market Volume List
Table 2020-2030 Russia Diethylaminoethyl Hexanoate Import & Export List
Table 2020-2030 Mea Diethylaminoethyl Hexanoate Market Size And Market Volume List
Table 2020-2030 Mea Diethylaminoethyl Hexanoate Demand List By Application
Table 2020-2025 Mea Diethylaminoethyl Hexanoate Key Players Sales List
Table 2020-2025 Mea Diethylaminoethyl Hexanoate Key Players Market Share List
Table 2020-2030 Mea Diethylaminoethyl Hexanoate Demand List By Type
Table 2020-2025 Mea Diethylaminoethyl Hexanoate Price List By Type
Table 2020-2030 Egypt Diethylaminoethyl Hexanoate Market Size And Market Volume List
Table 2020-2030 Egypt Diethylaminoethyl Hexanoate Import & Export List
Table 2020-2030 Israel Diethylaminoethyl Hexanoate Market Size And Market Volume List
Table 2020-2030 Israel Diethylaminoethyl Hexanoate Import & Export List
Table 2020-2030 South Africa Diethylaminoethyl Hexanoate Market Size And Market Volume List
Table 2020-2030 South Africa Diethylaminoethyl Hexanoate Import & Export List
Table 2020-2030 Gulf Cooperation Council Countries Diethylaminoethyl Hexanoate Market Size And Market Volume List
Table 2020-2030 Gulf Cooperation Council Countries Diethylaminoethyl Hexanoate Import & Export List
Table 2020-2030 Turkey Diethylaminoethyl Hexanoate Market Size And Market Volume List
Table 2020-2030 Turkey Diethylaminoethyl Hexanoate Import & Export List
Table 2020-2025 Global Diethylaminoethyl Hexanoate Market Size List By Region
Table 2020-2025 Global Diethylaminoethyl Hexanoate Market Size Share List By Region
Table 2020-2025 Global Diethylaminoethyl Hexanoate Market Volume List By Region
Table 2020-2025 Global Diethylaminoethyl Hexanoate Market Volume Share List By Region
Table 2020-2025 Global Diethylaminoethyl Hexanoate Demand List By Application
Table 2020-2025 Global Diethylaminoethyl Hexanoate Demand Market Share List By Application
Table 2020-2025 Global Diethylaminoethyl Hexanoate Capacity List
Table 2020-2025 Global Diethylaminoethyl Hexanoate Key Vendors Capacity Share List
Table 2020-2025 Global Diethylaminoethyl Hexanoate Key Vendors Production List
Table 2020-2025 Global Diethylaminoethyl Hexanoate Key Vendors Production Share List
Table 2020-2025 Global Diethylaminoethyl Hexanoate Key Vendors Production Value List
Table 2020-2025 Global Diethylaminoethyl Hexanoate Key Vendors Production Value Share List
Table 2020-2025 Global Diethylaminoethyl Hexanoate Demand List By Type
Table 2020-2025 Global Diethylaminoethyl Hexanoate Demand Market Share List By Type
Table 2020-2025 Regional Diethylaminoethyl Hexanoate Price List
Table 2025-2030 Global Diethylaminoethyl Hexanoate Market Size List By Region
Table 2025-2030 Global Diethylaminoethyl Hexanoate Market Size Share List By Region
Table 2025-2030 Global Diethylaminoethyl Hexanoate Market Volume List By Region
Table 2025-2030 Global Diethylaminoethyl Hexanoate Market Volume Share List By Region
Table 2025-2030 Global Diethylaminoethyl Hexanoate Demand List By Application
Table 2025-2030 Global Diethylaminoethyl Hexanoate Demand Market Share List By Application
Table 2025-2030 Global Diethylaminoethyl Hexanoate Capacity List
Table 2025-2030 Global Diethylaminoethyl Hexanoate Key Vendors Capacity Share List
Table 2025-2030 Global Diethylaminoethyl Hexanoate Key Vendors Production List
Table 2025-2030 Global Diethylaminoethyl Hexanoate Key Vendors Production Share List
Table 2025-2030 Global Diethylaminoethyl Hexanoate Key Vendors Production Value List
Table 2025-2030 Global Diethylaminoethyl Hexanoate Key Vendors Production Value Share List
Table 2025-2030 Global Diethylaminoethyl Hexanoate Demand List By Type
Table 2025-2030 Global Diethylaminoethyl Hexanoate Demand Market Share List By Type
Table 2025-2030 Diethylaminoethyl Hexanoate Regional Price List
Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Diethylaminoethyl Hexanoate Picture
Figure 2020-2030 Regional Trade Balance
Figure 2020-2030 North America Diethylaminoethyl Hexanoate Market Size And Cagr
Figure 2020-2030 North America Diethylaminoethyl Hexanoate Market Volume And Cagr
Figure 2020-2030 South America Diethylaminoethyl Hexanoate Market Size And Cagr
Figure 2020-2030 South America Diethylaminoethyl Hexanoate Market Volume And Cagr
Figure 2020-2030 Asia & Pacific Diethylaminoethyl Hexanoate Market Size And Cagr
Figure 2020-2030 Asia & Pacific Diethylaminoethyl Hexanoate Market Volume And Cagr
Figure 2020-2030 Europe Diethylaminoethyl Hexanoate Market Size And Cagr
Figure 2020-2030 Europe Diethylaminoethyl Hexanoate Market Volume And Cagr
Figure 2020-2030 Mea Diethylaminoethyl Hexanoate Market Size And Cagr
Figure 2020-2030 Mea Diethylaminoethyl Hexanoate Market Volume And Cagr
Figure 2020-2025 Global Diethylaminoethyl Hexanoate Capacity Production And Growth Rate
Figure 2020-2025 Global Diethylaminoethyl Hexanoate Production Value And Growth Rate
Figure 2025-2030 Global Diethylaminoethyl Hexanoate Capacity Production And Growth Rate
Figure 2025-2030 Global Diethylaminoethyl Hexanoate Production Value And Growth Rate
Research Methodology
- Market Estimated Methodology:
Bottom-up & top-down approach, supply & demand approach are the most important method which is used by HDIN Research to estimate the market size.
1)Top-down & Bottom-up Approach
Top-down approach uses a general market size figure and determines the percentage that the objective market represents.
Bottom-up approach size the objective market by collecting the sub-segment information.
2)Supply & Demand Approach
Supply approach is based on assessments of the size of each competitor supplying the objective market.
Demand approach combine end-user data within a market to estimate the objective market size. It is sometimes referred to as bottom-up approach.
- Forecasting Methodology
- Numerous factors impacting the market trend are considered for forecast model:
- New technology and application in the future;
- New project planned/under contraction;
- Global and regional underlying economic growth;
- Threatens of substitute products;
- Industry expert opinion;
- Policy and Society implication.
- Analysis Tools
1)PEST Analysis
PEST Analysis is a simple and widely used tool that helps our client analyze the Political, Economic, Socio-Cultural, and Technological changes in their business environment.
- Benefits of a PEST analysis:
- It helps you to spot business opportunities, and it gives you advanced warning of significant threats.
- It reveals the direction of change within your business environment. This helps you shape what you’re doing, so that you work with change, rather than against it.
- It helps you avoid starting projects that are likely to fail, for reasons beyond your control.
- It can help you break free of unconscious assumptions when you enter a new country, region, or market; because it helps you develop an objective view of this new environment.
2)Porter’s Five Force Model Analysis
The Porter’s Five Force Model is a tool that can be used to analyze the opportunities and overall competitive advantage. The five forces that can assist in determining the competitive intensity and potential attractiveness within a specific area.
- Threat of New Entrants: Profitable industries that yield high returns will attract new firms.
- Threat of Substitutes: A substitute product uses a different technology to try to solve the same economic need.
- Bargaining Power of Customers: the ability of customers to put the firm under pressure, which also affects the customer's sensitivity to price changes.
- Bargaining Power of Suppliers: Suppliers of raw materials, components, labor, and services (such as expertise) to the firm can be a source of power over the firm when there are few substitutes.
- Competitive Rivalry: For most industries the intensity of competitive rivalry is the major determinant of the competitiveness of the industry.
3)Value Chain Analysis
Value chain analysis is a tool to identify activities, within and around the firm and relating these activities to an assessment of competitive strength. Value chain can be analyzed by primary activities and supportive activities. Primary activities include: inbound logistics, operations, outbound logistics, marketing & sales, service. Support activities include: technology development, human resource management, management, finance, legal, planning.
4)SWOT Analysis
SWOT analysis is a tool used to evaluate a company's competitive position by identifying its strengths, weaknesses, opportunities and threats. The strengths and weakness is the inner factor; the opportunities and threats are the external factor. By analyzing the inner and external factors, the analysis can provide the detail information of the position of a player and the characteristics of the industry.
- Strengths describe what the player excels at and separates it from the competition
- Weaknesses stop the player from performing at its optimum level.
- Opportunities refer to favorable external factors that the player can use to give it a competitive advantage.
- Threats refer to factors that have the potential to harm the player.
- Data Sources
Primary Sources | Secondary Sources |
---|---|
Face to face/Phone Interviews with market participants, such as: Manufactures; Distributors; End-users; Experts. Online Survey |
Government/International Organization Data: Annual Report/Presentation/Fact Book Internet Source Information Industry Association Data Free/Purchased Database Market Research Report Book/Journal/News |