Research Methodology – Solvent Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Solvent Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Solvent Market is developed by integrating key market indicators and macroeconomic variables. These include:
Factors considered while calculating market size and share
- Volume of solvent production and consumption at regional and global level.
- Distribution channels and its effectiveness, including imports and exports.
- Current market pricing and trends of solvents.
- Industry usage of solvents, including sector-specific consumption.
- The demographic and geographic spread of consumers and producers.
- Existing and potential competitors in the market and their market share.
- Regulatory and environmental factors and their impact on production and sales.
- Trends in innovation and technological advancement in solvent production.
Key Market Indicators
- Economic indicators including GDP growth, industrial production indices, and purchasing managers index (PMI).
- Global and regional demand and supply trends for solvents.
- Trends in raw material prices and its impact on solvent pricing.
- Market concentration ratio and degree of competition.
- Market investment trends in the solvent industry.
- Trends in regulatory compliance and its impacts on the solvent market.
- Trends in solvent exports and imports, and trade balance.
Growth Trends
- The rise in demand for solvents in multiple sectors like pharmaceuticals, paints and coatings, plastics, and adhesives.
- Increase in R&D activities and technological advancements.
- Trends in environmental consciousness and the shift towards green or bio-based solvents.
- Impact of globalization and industrialization on the growth of the solvent market.
- Growth driven by emerging markets in Asia-Pacific and Middle-East regions.
- Impact of regulatory policies and environmental norms on the growth trends.
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Solvent Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Solvent Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights