Introduction
The global drinking fountains market is expected to grow at a CAGR of around 8.0% during the forecast period of 2022-2029. The market is driven by the need for clean and safe drinking water, especially in public places. The market is also being propelled by the growing preference for filtered and sparkling water. However, the high cost of installation and maintenance is hindering the growth of the market. This study provides an in-depth analysis of the global drinking fountains market, with a focus on key regions such as North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
Market Overview
The Global Drinking Fountains (Water Dispensers) Market was valued at USD 2,655.29 million in 2021 and is expected to reach USD 4,914.75 million by 2029, registering a CAGR of 8.0% during the forecast period of 2022-2029.
The major factors driving the growth of the market are increasing awareness about waterborne diseases, rising health concerns, and growing government initiatives toward the provision of clean and safe drinking water. Moreover, the advent of technologically advanced water dispensers with filtration systems is also fuelling the market growth.
However, the high cost of these devices and the lack of access to clean water in developing countries are some of the major factors restraining market growth.
The global drinking fountain market is segmented by product type, distribution channel, end-user, and region. On the basis of product type, it is classified into floor-standing, wall-mounted, and others. Based on the distribution channel, it is categorized as online and offline. On the basis of end-user, it is classified into residential/domestic and commercial/public institutions. The market is also analyzed for major regions including North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and South America.
Some of the key players operating in this market include Elkay Manufacturing Company (US), AquaCrest Inc., (US), Haws Corporation (US), Aquafilter Co., Ltd.(Turkey), HANSA Armaturen GmbH & Co KG(Germany), BRITA GmbH(Germany), Oasis International Inc
Market Drivers
There are several key drivers that are propelling the growth of the global drinking fountains (water dispensers) market. First and foremost, there is a growing awareness about the importance of staying hydrated and the health benefits associated with drinking water. This has led to a rise in the demand for convenient and accessible water dispensing solutions, such as drinking fountains.
In addition, government initiatives to promote clean and safe drinking water, especially in developing countries, are also driving the market growth. For instance, the World Health Organization has been working towards providing access to clean drinking water for all by 2030. Such initiatives are expected to create favorable conditions for the adoption of drinking fountains (water dispensers).
Furthermore, rapid urbanization and lifestyle changes are resulting in a busier lifestyle and less time for people to stop and drink water. This is another key factor that is fuelling the demand for drinking fountains (water dispensers).
Market Challenges
The global drinking fountain market is expected to grow at a CAGR of around 8.0% during the forecast period. The major factors driving the growth of the market are the rising health awareness among people and the need for clean and safe drinking water.
However, the market faces certain challenges which are hindering its growth. Some of these challenges include a lack of awareness about drinking fountains, high installation and maintenance costs, and a limited number of suppliers in the market.
Market Trends
The global drinking fountains market is expected to grow at a CAGR of around 8.0% during the forecast period. The market is driven by the increasing demand for clean and safe drinking water, especially in developing countries. Moreover, the rising awareness of the importance of water conservation is also expected to boost the market growth.
One of the major trends being witnessed in the global drinking fountains market is the increasing adoption of bottled water dispensers. These dispensers offer several benefits such as easy maintenance, safety, and hygiene. As a result, they are becoming increasingly popular in commercial as well as residential applications.
Another trend that is gaining traction in the global drinking fountains market is the growing popularity of energy-efficient models. These models help reduce energy consumption and offer cost savings. As a result, they are increasingly being preferred over traditional models.
Covid-19 Impact on Drinking Fountains (Water Dispensers) Market:
Consumers across the globe are adjusting to the new normal and there is a noteworthy discrepancy in consumer behavior. Consumer's purchasing habits, behavior, and attitudes have changed in light of COVID-19. People are shopping very consciously and are majorly centered on basic needs and are buying locally. Consumers are using digital commerce to play, learn, and connect to manage isolation and follow social distancing policy. The covid-19 has consistently impacted the shopping behavior of 9 in 10 consumers. Nearly 30-50 percent of the consumers have shifted towards online shopping from March 2020 to December 2020.
Report Includes
An overview of the global Drinking Fountains (Water Dispensers) market, and related technologies and developments. Analyses of global market trends, with historical data from 2018, 2019, and 2020 estimates and projections of CAGRs through 2029. It also includes breakdowns of the overall Drinking Fountains (Water Dispensers) market along with various segments, and by geographic region. Analysis of the stakeholder value chain in the Drinking Fountains (Water Dispensers) market and comprehensive profiles of leading companies in the industry
Report Scope
The report forecasts the size of the Drinking Fountains (Water Dispensers) market for components from 2022 through 2029
The Executive Summary provides a snapshot of key findings of the report. The introduction chapter includes research scope, market segmentation, research methodology, and definitions and assumptions. It involves extreme rigorous scientific methods, tools and techniques to estimate the market size. Exhaustive secondary research is being carried out to collect information related to the market, the parent market, and the peer market. Primary research is undertaken to validate the assumptions, findings, and sizing with the industry experts professionals across the value chain of the market. Both top-down and bottom-up approaches are employed to estimate the complete market size.
The chapter on market dynamics includes market drivers, restraints, and opportunities which helps familiarise with market potential and upcoming opportunities. The chapter on key insights includes emerging trends from major countries, latest technological advancement, regulatory landscape, SWOT analysis, and porters five forces analysis. This chapter provides a detailed insights of market which derives the market trends, changing phase of investments, scope of profit potential, and helps to take appropriate business decisions. The chapter on competitive analysis includes profiling of leading companies in the global market to map the leading companies and their focus of interest in the market.
After deriving the market size from the market size estimation process, the total market has been split into several segments and sub-segments. To complete the overall market engineering process and arrive at the exact statistics for all segments and sub-segments, the data triangulation and market breakdown procedures is being used. The data triangulation is carried out by studying various factors and trends from demand and supply perspectives.
Segmentation Analysis:
The Drinking Fountains (Water Dispensers) market is segmented on the basis of types, applications, and Regions.
Global Drinking Fountains (Water Dispensers) Market - By Type
1.1 Wall Mounted Drinking Fountains
A wall mounted drinking fountain is a water dispenser that is attached to a wall. Wall mounted drinking fountains are often found in public places, such as schools, office buildings, and hospitals.
1.2 Floor Standing Drinking Fountains
A floor standing drinking fountain is a water dispenser that is not attached to a wall. Floor standing drinking fountains are often found in public places, such as parks and playgrounds.
1.3 Bottle Filling Stations
A bottle filling station is a water dispenser that dispenses water into a reusable water bottle. Bottle filling stations are often found in public places, such as airports and grocery stores.
Global Drinking Fountains (Water Dispensers) Market - By Application
The global drinking fountains (water dispensers) market is segmented by application into residential, commercial, and industrial. The residential segment is expected to grow at the highest CAGR during the forecast period owing to the rising health consciousness among individuals and the growing awareness about the benefits of consuming clean water. The commercial segment is expected to hold a significant market share during the forecast period due to the increasing adoption of drinking water fountains in schools, colleges, offices, and public places. The industrial segment is expected to grow at a moderate pace owing to the growing need for clean water in factories and manufacturing units.
Global Drinking Fountains (Water Dispensers) market Competitive Analysis:
Key players in the Global Drinking Fountains (Water Dispensers) market are
Culligan
Primo
Oasis
Clover
Aqua Clara
Champ
Waterlogic
Honeywell
Whirlpool
Avalon
Newair
Ebac
Edgar
Cosmetal
Ragalta
Aquaid
Midea
Angel
Qinyuan
Haier
Lamo and among other players.
*All our reports are customizable as per customer requirements
This study forecasts revenue and volume growth at global, regional, and country levels from 2018 to 2029. Global Drinking Fountains (Water Dispensers) market is distributed on the basis of below mentioned segments:
Global Drinking Fountains (Water Dispensers) market, By types:
The global drinking fountains market is expected to grow at a CAGR of around 8.0% during the forecast period of 2022-2029. The market is driven by the need for clean and safe drinking water, especially in public places. The market is also being propelled by the growing preference for filtered and sparkling water. However, the high cost of installation and maintenance is hindering the growth of the market. This study provides an in-depth analysis of the global drinking fountains market, with a focus on key regions such as North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
Market Overview
The Global Drinking Fountains (Water Dispensers) Market was valued at USD 2,655.29 million in 2021 and is expected to reach USD 4,914.75 million by 2029, registering a CAGR of 8.0% during the forecast period of 2022-2029.
The major factors driving the growth of the market are increasing awareness about waterborne diseases, rising health concerns, and growing government initiatives toward the provision of clean and safe drinking water. Moreover, the advent of technologically advanced water dispensers with filtration systems is also fuelling the market growth.
However, the high cost of these devices and the lack of access to clean water in developing countries are some of the major factors restraining market growth.
The global drinking fountain market is segmented by product type, distribution channel, end-user, and region. On the basis of product type, it is classified into floor-standing, wall-mounted, and others. Based on the distribution channel, it is categorized as online and offline. On the basis of end-user, it is classified into residential/domestic and commercial/public institutions. The market is also analyzed for major regions including North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and South America.
Some of the key players operating in this market include Elkay Manufacturing Company (US), AquaCrest Inc., (US), Haws Corporation (US), Aquafilter Co., Ltd.(Turkey), HANSA Armaturen GmbH & Co KG(Germany), BRITA GmbH(Germany), Oasis International Inc
Market Drivers
There are several key drivers that are propelling the growth of the global drinking fountains (water dispensers) market. First and foremost, there is a growing awareness about the importance of staying hydrated and the health benefits associated with drinking water. This has led to a rise in the demand for convenient and accessible water dispensing solutions, such as drinking fountains.
In addition, government initiatives to promote clean and safe drinking water, especially in developing countries, are also driving the market growth. For instance, the World Health Organization has been working towards providing access to clean drinking water for all by 2030. Such initiatives are expected to create favorable conditions for the adoption of drinking fountains (water dispensers).
Furthermore, rapid urbanization and lifestyle changes are resulting in a busier lifestyle and less time for people to stop and drink water. This is another key factor that is fuelling the demand for drinking fountains (water dispensers).
Market Challenges
The global drinking fountain market is expected to grow at a CAGR of around 8.0% during the forecast period. The major factors driving the growth of the market are the rising health awareness among people and the need for clean and safe drinking water.
However, the market faces certain challenges which are hindering its growth. Some of these challenges include a lack of awareness about drinking fountains, high installation and maintenance costs, and a limited number of suppliers in the market.
Market Trends
The global drinking fountains market is expected to grow at a CAGR of around 8.0% during the forecast period. The market is driven by the increasing demand for clean and safe drinking water, especially in developing countries. Moreover, the rising awareness of the importance of water conservation is also expected to boost the market growth.
One of the major trends being witnessed in the global drinking fountains market is the increasing adoption of bottled water dispensers. These dispensers offer several benefits such as easy maintenance, safety, and hygiene. As a result, they are becoming increasingly popular in commercial as well as residential applications.
Another trend that is gaining traction in the global drinking fountains market is the growing popularity of energy-efficient models. These models help reduce energy consumption and offer cost savings. As a result, they are increasingly being preferred over traditional models.
Covid-19 Impact on Drinking Fountains (Water Dispensers) Market:
Consumers across the globe are adjusting to the new normal and there is a noteworthy discrepancy in consumer behavior. Consumer's purchasing habits, behavior, and attitudes have changed in light of COVID-19. People are shopping very consciously and are majorly centered on basic needs and are buying locally. Consumers are using digital commerce to play, learn, and connect to manage isolation and follow social distancing policy. The covid-19 has consistently impacted the shopping behavior of 9 in 10 consumers. Nearly 30-50 percent of the consumers have shifted towards online shopping from March 2020 to December 2020.
Report Includes
An overview of the global Drinking Fountains (Water Dispensers) market, and related technologies and developments. Analyses of global market trends, with historical data from 2018, 2019, and 2020 estimates and projections of CAGRs through 2029. It also includes breakdowns of the overall Drinking Fountains (Water Dispensers) market along with various segments, and by geographic region. Analysis of the stakeholder value chain in the Drinking Fountains (Water Dispensers) market and comprehensive profiles of leading companies in the industry
Report Scope
The report forecasts the size of the Drinking Fountains (Water Dispensers) market for components from 2022 through 2029
The Executive Summary provides a snapshot of key findings of the report. The introduction chapter includes research scope, market segmentation, research methodology, and definitions and assumptions. It involves extreme rigorous scientific methods, tools and techniques to estimate the market size. Exhaustive secondary research is being carried out to collect information related to the market, the parent market, and the peer market. Primary research is undertaken to validate the assumptions, findings, and sizing with the industry experts professionals across the value chain of the market. Both top-down and bottom-up approaches are employed to estimate the complete market size.
The chapter on market dynamics includes market drivers, restraints, and opportunities which helps familiarise with market potential and upcoming opportunities. The chapter on key insights includes emerging trends from major countries, latest technological advancement, regulatory landscape, SWOT analysis, and porters five forces analysis. This chapter provides a detailed insights of market which derives the market trends, changing phase of investments, scope of profit potential, and helps to take appropriate business decisions. The chapter on competitive analysis includes profiling of leading companies in the global market to map the leading companies and their focus of interest in the market.
After deriving the market size from the market size estimation process, the total market has been split into several segments and sub-segments. To complete the overall market engineering process and arrive at the exact statistics for all segments and sub-segments, the data triangulation and market breakdown procedures is being used. The data triangulation is carried out by studying various factors and trends from demand and supply perspectives.
Segmentation Analysis:
The Drinking Fountains (Water Dispensers) market is segmented on the basis of types, applications, and Regions.
Global Drinking Fountains (Water Dispensers) Market - By Type
1.1 Wall Mounted Drinking Fountains
A wall mounted drinking fountain is a water dispenser that is attached to a wall. Wall mounted drinking fountains are often found in public places, such as schools, office buildings, and hospitals.
1.2 Floor Standing Drinking Fountains
A floor standing drinking fountain is a water dispenser that is not attached to a wall. Floor standing drinking fountains are often found in public places, such as parks and playgrounds.
1.3 Bottle Filling Stations
A bottle filling station is a water dispenser that dispenses water into a reusable water bottle. Bottle filling stations are often found in public places, such as airports and grocery stores.
Global Drinking Fountains (Water Dispensers) Market - By Application
The global drinking fountains (water dispensers) market is segmented by application into residential, commercial, and industrial. The residential segment is expected to grow at the highest CAGR during the forecast period owing to the rising health consciousness among individuals and the growing awareness about the benefits of consuming clean water. The commercial segment is expected to hold a significant market share during the forecast period due to the increasing adoption of drinking water fountains in schools, colleges, offices, and public places. The industrial segment is expected to grow at a moderate pace owing to the growing need for clean water in factories and manufacturing units.
Global Drinking Fountains (Water Dispensers) market Competitive Analysis:
Key players in the Global Drinking Fountains (Water Dispensers) market are
Culligan
Primo
Oasis
Clover
Aqua Clara
Champ
Waterlogic
Honeywell
Whirlpool
Avalon
Newair
Ebac
Edgar
Cosmetal
Ragalta
Aquaid
Midea
Angel
Qinyuan
Haier
Lamo and among other players.
*All our reports are customizable as per customer requirements
This study forecasts revenue and volume growth at global, regional, and country levels from 2018 to 2029. Global Drinking Fountains (Water Dispensers) market is distributed on the basis of below mentioned segments:
Global Drinking Fountains (Water Dispensers) market, By types:
- Bottled Water Dispenser or Bottled Water Cooler (BWC)
- Point-of-Use (POU)
- Others
- Household
- Commercial
- Others
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa
- GCC
- South Africa
- Rest of Middle East and Africa
Drinking Fountains (Water Dispensers) MARKET STUDY GLOBAL MARKET ANALYSIS, INSIGHTS AND FORECAST, 2022-2029
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Drinking Fountains (Water Dispensers) Market Analysis (USD Billion), Insights and Forecast, 2018-2029
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Segment 1
- 5.2.1. Sub-Segment 1
- 5.2.2. Sub-Segment 2
- 5.3. Market Analysis, Insights and Forecast – By Segment 2
- 5.3.1. Sub-Segment 1
- 5.3.2. Sub-Segment 2
- 5.3.3. Sub-Segment 3
- 5.3.4. Others
- 5.4. Market Analysis, Insights and Forecast – By Segment 3
- 5.4.1. Sub-Segment 1
- 5.4.2. Sub-Segment 2
- 5.4.3. Sub-Segment 3
- 5.4.4. Others
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Latin America
- 5.5.3. Europe
- 5.5.4. Asia Pacific
- 5.5.5. Middle East and Africa
6. North America Drinking Fountains (Water Dispensers) Market Analysis (USD Billion), Insights and Forecast, 2018-2029
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Segment 1
- 6.2.1. Sub-Segment 1
- 6.2.2. Sub-Segment 2
- 6.3. Market Analysis, Insights and Forecast – By Segment 2
- 6.3.1. Sub-Segment 1
- 6.3.2. Sub-Segment 2
- 6.3.3. Sub-Segment 3
- 6.3.4. Others
- 6.4. Market Analysis, Insights and Forecast – By Segment 3
- 6.4.1. Sub-Segment 1
- 6.4.2. Sub-Segment 2
- 6.4.3. Sub-Segment 3
- 6.4.4. Others
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
7. Latin America Drinking Fountains (Water Dispensers) Market Analysis (USD Billion), Insights and Forecast, 2018-2029
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Segment 1
- 7.2.1. Sub-Segment 1
- 7.2.2. Sub-Segment 2
- 7.3. Market Analysis, Insights and Forecast – By Segment 2
- 7.3.1. Sub-Segment 1
- 7.3.2. Sub-Segment 2
- 7.3.3. Sub-Segment 3
- 7.3.4. Others
- 7.4. Market Analysis, Insights and Forecast – By Segment 3
- 7.4.1. Sub-Segment 1
- 7.4.2. Sub-Segment 2
- 7.4.3. Sub-Segment 3
- 7.4.4. Others
- 7.5. Insights and Forecast – By Country
- 7.5.1. Brazil
- 7.5.2. Mexico
- 7.5.3. Rest of Latin America
8. Europe Drinking Fountains (Water Dispensers) Market Analysis (USD Billion), Insights and Forecast, 2018-2029
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Segment 1
- 8.2.1. Sub-Segment 1
- 8.2.2. Sub-Segment 2
- 8.3. Market Analysis, Insights and Forecast – By Segment 2
- 8.3.1. Sub-Segment 1
- 8.3.2. Sub-Segment 2
- 8.3.3. Sub-Segment 3
- 8.3.4. Others
- 8.4. Market Analysis, Insights and Forecast – By Segment 3
- 8.4.1. Sub-Segment 1
- 8.4.2. Sub-Segment 2
- 8.4.3. Sub-Segment 3
- 8.4.4. Others
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. UK
- 8.5.2. Germany
- 8.5.3. France
- 8.5.4. Italy
- 8.5.5. Spain
- 8.5.6. Russia
- 8.5.7. Rest of Europe
9. Asia Pacific Drinking Fountains (Water Dispensers) Market Analysis (USD Billion), Insights and Forecast, 2018-2029
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Segment 1
- 9.2.1. Sub-Segment 1
- 9.2.2. Sub-Segment 2
- 9.3. Market Analysis, Insights and Forecast – By Segment 2
- 9.3.1. Sub-Segment 1
- 9.3.2. Sub-Segment 2
- 9.3.3. Sub-Segment 3
- 9.3.4. Others
- 9.4. Market Analysis, Insights and Forecast – By Segment 3
- 9.4.1. Sub-Segment 1
- 9.4.2. Sub-Segment 2
- 9.4.3. Sub-Segment 3
- 9.4.4. Others
- 9.5. Market Analysis, Insights and Forecast – By Country
- 9.5.1. China
- 9.5.2. India
- 9.5.3. Japan
- 9.5.4. Australia
- 9.5.5. South East Asia
- 9.5.6. Rest of Asia Pacific
10. Middle East & Africa Drinking Fountains (Water Dispensers) Market Analysis (USD Billion), Insights and Forecast, 2018-2029
- 10.1. Key Findings / Summary
- 10.2. Market Analysis, Insights and Forecast – By Segment 1
- 10.2.1. Sub-Segment 1
- 10.2.2. Sub-Segment 2
- 10.3. Market Analysis, Insights and Forecast – By Segment 2
- 10.3.1. Sub-Segment 1
- 10.3.2. Sub-Segment 2
- 10.3.3. Sub-Segment 3
- 10.3.4. Others
- 10.4. Market Analysis, Insights and Forecast – By Segment 3
- 10.4.1. Sub-Segment 1
- 10.4.2. Sub-Segment 2
- 10.4.3. Sub-Segment 3
- 10.4.4. Others
- 10.5. Market Analysis, Insights and Forecast – By Country
- 10.5.1. GCC
- 10.5.2. South Africa
- 10.5.3. Rest of Middle East & Africa
11. Competitive Analysis
- 11.1. Company Market Share Analysis, 2018
- 11.2. Key Industry Developments
- 11.3. Company Profile
- 11.3.1. Company 1
- 11.3.1.1. Business Overview
- 11.3.1.2. Segment 1 & Service Offering
- 11.3.1.3. Overall Revenue
- 11.3.1.4. Geographic Presence
- 11.3.1.5. Recent Development
- 11.3.2. Company 2
- 11.3.3. Company 3
- 11.3.4. Company 4
- 11.3.5. Company 5
- 11.3.6. Company 6
- 11.3.7. Company 7
- 11.3.8. Company 8
- 11.3.9. Company 9
- 11.3.10. Company 10
- 11.3.11. Company 11
- 11.3.12. Company 12
- 11.3.1. Company 1
Research Process
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
