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Client Consult Problem Statement:

MNM’s client, one of the leading petrochemical manufacturing company engaged MnM to understand current & futuristic market scenario for global petrochemical and chemical analysis market size for 2012 to 2020 by instruments, consumables, end-users, and region. The key objective was to analyze detailed qualitative and quantitative analysis of the market and a comprehensive review of major market by various instruments and consumables. MnM also analyzed petrochemical and chemical analysis market by type such as chemical testing and Physical properties and by various industr

Solution Provided:

1. Methodology Adopted by MnM:

MnM carried out this study through a combination of extensive secondary research followed by primary discussions with Key Opinion Leaders across the value chain within target geographies. Both, top-down and bottom-up approaches were used to cover key sources of primary information that included suppliers of testing services, equipment providers, their channel partners & associates, local government & FDA authorities, and other industry experts. By conducting detailed and informative primary discussions within these respondent categories across various functions, MnM analyzed current & forecast quantitative market information, and developed deep-dive qualitative insights into industry trends & dynamics across each of the target countries. In total, MnM conducted 30 primary discussions, of which 20 were within the supplier segment, while balance 10 spanned across covering end-use segments, local government & FDA authorities, and other industry experts.)

2. Actual Solution Provided:

MnM analyzed and provided its client with insights pertaining to current & forecast market potential for global petrochemical & chemical analysis market, along with key product segmentation, areas witnessing low-to-high business growth opportunities, competitive analysis & positioning, presence of major leading players, market share analysis, supplier & product benchmarking. MnM also developed valuable information for client to help understand global aspects of core and related markets to petrochemical & chemical analysis, globally. MnM also helped analyze that the major growth drivers of the industry are directly linked to the increasing demand for healthcare products, growing consumption of ready meals, processed & convenience food, upsurge in the use of polymer in various industries, and growing concern towards hygienic packaging worldwi

Value Delivered:

Through the detailed outcome of the study, MnM’s client (already a leading service provider of petrochemical & chemical analysis in developed economies) was able to assess intrinsic market insights for its advanced product & service offerings. The granular set of information and recommendations shared by MnM assisted the client to expand its business across newer growth pockets and restructuring current supply network through new diverse strategies.

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