[vc_row css=”.vc_custom_1529983139121{padding-top: 100px !important;padding-bottom: 15px !important;}”][vc_column][vc_single_image image=”5109″ img_size=”full” alignment=”center”][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<\/p>\n
Over the last three decades, BDB has quite extensively studied the market for chemicals & petrochemicals for domestic and international companies. Our clients in this sector utilised BDB\u2019s expertise for re-structuring the existing ones and structuring the new companies by using customised primary market research insights. In this sector, it is important to understand the chemistry associated with products, their applications and the relevance of multiple substitutes available for every molecule. Typical research points like consumption norms, the impact of using substitute products, regulatory norms associated with usage and its implications, pricing, packaging and environment-related issues are included in the study.<\/p>\n
Clients engage with BDB to estimate the market potential, analyse drivers & retarders for growth, trends in application segments, regulatory drivers and supply landscape and distribution ecosystem. Apart from customised primary market research for the products being manufactured, many organisations in this sector sought the expertise of BDB to develop strategy documents for future growth. We had the privilege to help a few companies diversify into the chemicals & petrochemical sector by conducting extensive research and filtering into the opportunity areas.<\/p>\n
Apart from the experienced in-house research team, this sector is supported by a few senior experts who have worked in this domain for several years.<\/p>\n
Primary research is carried out by covering end users, applicators, blenders, mixers, suppliers, distributors, suppliers of substitute products and research instructions and ministries. When it comes to the chemical & petrochemical sector, it is also important to evaluate packaging requirements, safety measures, and application pattern changes in the user industries. Respondent categories include scientists, R&D managers, production managers, plant operations teams, quality and purchase teams and distribution networks. As the industry is dynamic, insights from senior management are also important while executing research and consulting assignments in this sector.<\/p>\n
BDB conducts market research for chemicals and petrochemicals in South Asia, South East Asia, Middle East and Africa.<\/p>\n
[\/vc_column_text][vc_row_inner][vc_column_inner][vc_custom_heading text=”FAQ” font_container=”tag:h2|text_align:center” use_theme_fonts=”yes” css=”.vc_custom_1708082392637{margin-bottom: 20px !important;}”][\/vc_column_inner][\/vc_row_inner][vc_toggle title=”Q1. What kind of research is commonly conducted in the chemical and petrochemical industry?”]The answer is that it’s critical to assess how chemicals and their derivatives\u2014both organic and inorganic\u2014are used in the varieties of industries. Additionally, each application’s alternatives should be understood. Understanding the many grades being used, market disruptions, supply chain and \u00a0market estimation and projecting are some of the key arears analyzed in this sector.[\/vc_toggle][vc_toggle title=”Q2. What are the main techniques employed in petrochemical and chemical research?”]An essential component of this research is end-user analysis. \u00a0To assess the opportunities, in-depth interviews with R&D directors, quality managers, and production managers are crucial. Analyzing the distribution channels and finding suppliers of alternatives to the chemicals under examination are also included in this study.[\/vc_toggle][vc_toggle title=”Q3. What type of expertise do researchers have to conduct studies in this field?”]A solid technical foundation in chemistry is essential for conducting research in this field. Primary market research in this industry requires a grasp of the dynamics of chemicals used as additives or directly applied in various industries.[\/vc_toggle][vc_toggle title=”Q4. In doing chemical and petrochemical research, what role do industry associations play? “]The development of the chemicals and petrochemical industries is greatly aided by nodal agencies, industry groups, and research institutions. In this subject, associations operate at both the national and regional levels. Research institutes work with worldwide organizations and industrial firms to develop innovative products and conduct application-specific R&D. Trade groups keep a careful eye on developments in the market and on government regulations that affect the business. Therefore, while conducting primary research in this field, interactions with these institutions are crucial.[\/vc_toggle][\/vc_column][\/vc_row][vc_row disable_element=”yes”][vc_column]\n
In the Machine Tool Industry sector, BDB has carried out extensive studies related to Metal working and Metal forming industry.<\/b><\/p>\n
Machine Tools have applications in several sectors like energy equipment manufacturing<\/a>, automotive<\/a>, consumer durables<\/a>, dies and moulds, earthmoving equipment, farm equipment<\/a>, plastic processing (injection, blow moulding and stretch moulding)<\/a>, aerospace, shipping<\/a><\/b> and many others. BDB\u2019s familiarity with every application sector is the reason that the Machine Tool manufacturing industry has trusted us to research their markets threadbare and devise new methods of growing.<\/span><\/p>\n BDB has also studied several accessories like ball screws and linear motion.<\/p>\n In the machine tool industry sector market research, BDB has had the privilege of working with successful companies to analyse the market demand, perceptions and viability of takeovers. \u00a0For many of them, BDB has developed a market entry strategy for new products in India.<\/p>\n For each assignment, the methodology varies because these are all customized research analysis.<\/p>\n For instance, to identify a new business opportunity, BDB first understands its clients\u2019 strengths, weaknesses and expectations. \u00a0The horizons are then scanned so to speak, nationally or globally. \u00a0Complimentary or synergistic business opportunities shall be identified and short listed.<\/p>\n Thereafter, these short listed opportunities are investigated to verify whether they are relevant to BDB\u2019s clients and whether they can be dove tailed with the business paradigm of its clients.<\/p>\n For new opportunity areas, each opportunity is thoroughly investigated quantitatively and qualitatively so that BDB\u2019s client has a complete picture as well as flavour of the opportunity \u2013 both existing and emerging.<\/p>\n 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. \u00a0Based on these inputs, BDB conducts a techno-economic feasibility study.<\/p>\n At conclusion, the output of such market research studies comprehensively results in an incisive, authentic and reliable Growth Strategy Recommendation Document.<\/p>\n 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. \u00a0BDB has also conducted assignments in the expansion of existing businesses.<\/b>\n <\/div>\n [\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":" [vc_row css=”.vc_custom_1529983139121{padding-top: 100px !important;padding-bottom: 15px !important;}”][vc_column][vc_single_image image=”5109″ img_size=”full” alignment=”center”][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text] Over the last three decades, BDB has quite extensively studied the market for chemicals & petrochemicals for domestic and international companies. Our clients in this sector utilised BDB\u2019s expertise for re-structuring the existing ones and structuring the new companies by using customised primary market research insights. […]<\/p>\n","protected":false},"author":1,"featured_media":2469,"parent":2284,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-5112","page","type-page","status-publish","has-post-thumbnail","hentry"],"yoast_head":"\n