Studies dealing with industrial chemicals includes organic and inorganic chemicals, speciality chemicals that find applications as an additive or an ingredient or as an intermediate in various applications, are BDB’s greatest strengths.
BDB’s consulting experience in the Industrial Chemicals industry includes organic as well as inorganic chemicals. BDB has carried out business research for speciality chemicals, intermediaries that find application in Food Processes, Sugar, Textile, Leather, Soaps and Detergent, Cosmetics, Petrochemicals, Cement, just to name a few.
The products BDB has handled include Benzoic acid, Aneline, Caustic Soda, Nitric Acid, Oleoresins, Enzymes, Fire retardant chemicals, Antimony trioxide, Starch derivatives, Ferro Vanodum, Zinc Oxide, etc.
In the Industrial Chemicals sector market research, BDB had the privilege of working with successful companies. For many of them, BDB has developed a market entry strategy for new products.
BDB has developed strategies for its clients to enter into several overseas markets, including China, ASEAN countries, Australia and countries of the Middle East and Africa. Most industries are not just expanding but also rapidly updating their technologies.
For each assignment, the methodology varies because these are all customized research analyses.
For instance, to identify a new business opportunity, BDB first understands its clients’ strengths, weaknesses and expectations. The industrial horizons are then scanned so to speak, nationally or globally. Complimentary or synergistic business opportunities are identified and short listed.
Thereafter, these short listed opportunities are investigated to verify whether they are relevant to BDB’s clients and whether they can be dove tailed with the business paradigm of its clients.
For new opportunity areas, each opportunity is thoroughly investigated quantitatively and qualitatively so that BDB’s client has a complete picture as well as flavour of the opportunity – both existing and emerging.
For market entry studies, BDB begins with detailed market research for the identified products, evaluates current and potential demand and then identifies locations for setting up the project in India. Based on these inputs, BDB conducts a techno-economic feasibility study.
At conclusion, the output of such market research studies comprehensively results in an incisive and fail-safe Growth Strategy Recommendation Document.
BDB has assisted in setting up new projects, in acquisitions, in testing new ideas, in evaluating markets and brand equity, measuring customer satisfaction as well as in conducting pre & post launch studies in India and across the globe. BDB has also conducted assignments in the expansion of existing businesses.