Solketal market size to grow by USD 248.53 million with 38% of the growth contributed by North America. Growing use of solketal in production of biodiesel will be a key trend - Technavio

NEW YORK, June 2, 2023 /PRNewswire/ -- The solketal market size is estimated to increase by USD 248.53 million from 2022 to 2027, with a CAGR of 3.32%. Due to its unique chemical properties, Solketal is used in a wide range of applications in the chemical industry. It is commonly used as a solvent, reagent and intermediate in the manufacture of various chemical compounds. One of the main uses of Solketal in chemical manufacturing is as a solvent. It is particularly suitable as a solvent for polar and non-polar compounds and is widely used in the production of polymers, resins and coatings. Solketal is also used as a solvent for various drugs and pharmaceuticals. Discover some insights on market size before buying the full report -Request a sample report

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak. The Bargaining Power of Buyers & Suppliers and the Threat of New Entrants, Rivalry, and Substitutes have also been analyzed and rated between LOW-HIGH to provide a holistic view of market favorability.

Find Technavio's Exclusive Analysis of Price Sensitivity, Adoption Lifecycle, Customer Purchase Basket, Adoption Rates, and Purchase Criteria

• One of the core components of the customer landscape is price sensitivity, an analysis of which will help companies refine marketing strategies to gain a competitive advantage. 
• Another key aspect is price sensitivity drivers (purchases are undifferentiated, the purchase is a key cost to buyers, and quality is not important), which range between LOW and HIGH.
• Furthermore, market adoption rates for all regions have been covered.

The addictions therapeutics market report also offers information on the criticality of inputs, R&D, CAPEX, technology, and products of 15 vendors listed Below -

Alfa Chemistry, alteqo bv, CM Fine Chemicals GmbH, CP Lab Safety, CPS Performance Materials Corp., DAYANG CHEM (HANGZHOU) CO., LTD., GLACONCHEMIE GmbH, Glentham Life Sciences Ltd, Haihang Industry Co. Ltd., HENAN BON INDUSTRIAL CHEMICAL CO. LTD., IMPAG AG, LOBA Feinchemie GmbH, Merck KGaA | Molekula Ltd., Thermo Fisher Scientific Inc., Tocopharm Co. Ltd., Tokyo Chemical Industry Co. Ltd., Solvay SA

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Chart & Data Table on 5-Year Historic (2017-2021) Market Size, Comparative Analysis of Segments, and Y-O-Y Growth of Solketal market

The market is segmented by End-user (Chemical manufacturing, Pharmaceutical, Food and beverage, and Cosmetics and personal care and others), Type (96-98 percent, 98 percent, and >98 percent), and Geography (North America, Europe, APAC, South America, and Middle East and Africa)

• The market share growth by the chemical manufacturing segment will be significant during the forecast period. Solketal has various applications in the chemical manufacturing industry due to its unique chemical properties. It is commonly used as a solvent, a reagent, and an intermediate in the production of various chemical compounds.

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Solketal Market -Market Dynamics

Driver

Growing use of solketal in production of biodiesel is notably driving the Solketal Market Growth. Solketal shows potential as a promising solvent and fuel additive in the production of biodiesel. Biodiesel is a renewable and sustainable alternative to conventional petroleum-based diesel fuel. However, the manufacturing process requires the use of solvents, and traditional solvents have several drawbacks, including B. High toxicity, flammability, and environmental concerns.

Solketal, on the other hand, is a non-toxic, non-flammable and biodegradable solvent that can replace traditional solvents in the production of biodiesel. It has been shown to increase biodiesel yield, reduce response time, and improve biodiesel fuel properties. Solketal can also be used as a co-solvent with methanol or ethanol, commonly used in transesterification processes to produce biodiesel from vegetable oils or animal fats. Solketal can be used as a co-solvent to speed up the reaction, increase the solubility of the reactants, and reduce the formation of unwanted by-products. Using Solketal in biofuel production offers several benefits, including increased efficiency, reduced environmental impact and increased sustainability of the biodiesel industry. Therefore, increasing use of solketal in the production of biodiesel is one of the major factors expected to drive the growth of the global solketal market during the forecast period. 

Trend

Growing technological advancements in solketal production is a key trend in the Solketal market. There have been several technological advances in Solketal production in recent years, making the process more efficient and sustainable. Notable advances include:

• Enzyme production: For the production of Solketal, an enzymatic method was developed that can provide higher yields and higher purity compared to traditional chemical methods. Enzymes are used to catalyze the reaction between glycerol and acetone, reducing the need for harsh chemicals and high temperatures.
• Continuous flow production: A continuous-flow production process has been developed for the production of Solketal, which can increase efficiency and reduce production time compared to batch processes. In this method, the reactants are pumped through the reaction chamber, allowing more precise control of the reaction conditions.
• Green solvent: Traditional solvents such as methanol and ethanol used to make Solketal are often derived from fossil fuels and can have negative environmental impacts. Alternatively, more environmentally friendly solvents, such as 2-methyltetrahydrofuran (2-MeTHF), have been developed to give comparable or better yields compared to conventional solvents.
• Waste recycling: Researchers have been investigating the use of waste glycerol from biodiesel production as a feedstock for Solketal production. This provides a more sustainable and cost-effective source of glycerin and reduces waste from the biodiesel industry 

These technological advancements will make solketal production more efficient, sustainable, and cost-effective, and could drive the growth of the global solketal market during the forecast period. 

Challenge

The high production cost of solketal is the biggest challenge for Solketal Market. Solketal's manufacturing costs can be relatively high compared to other chemicals due to several factors such as the availability and cost of starting materials, the complexity of the manufacturing process, and the need for specialized equipment. 

Solketal's starting material is glycerin, a by-product of biodiesel production. The availability and cost of glycerin may vary and may affect the cost of producing Solketal accordingly. Additionally, the production of Solketal requires the use of strong acid catalysts, which must be carefully removed to ensure product purity.
Solketal manufacturing process involves several steps such as esterification, acetalization and purification. Each of these steps requires specialized equipment and can be time consuming and expensive. Purification steps, in particular, are critical to the purity of the final product and can be costly as they require high performance chromatography and other separation techniques.

To combat the high production costs of Solketal, researchers and manufacturers are exploring various approaches, including using alternative raw materials, optimizing processes, and developing more efficient and cost-effective production techniques. For example, some researchers have studied the use of glycerin derived from non-biodiesel sources such as animal fats and vegetable oils, which may be cheaper than glycerine derived from biodiesel. Other approaches include the use of novel catalysts such as enzymes and heterogeneous catalysts that may offer advantages over traditional acid catalysis. Solketal's high manufacturing costs pose challenges that need to be solved to realize its full potential in a wide variety of applications. However, continued research and development is expected to yield more efficient and cost-effective production methods during the forecast period. Therefore, the high production cost of solketal is likely to pose a major challenge to the growth of the global solketal market during the forecast period. 

Solketal Market Geographic Analysis
The market is segmented by region North America, Europe, APAC, South America, and Middle East and Africa. An analysis of key leading countries has been included.
•    The North American solketal market is driven by high demand for solketal in the pharmaceutical and personal care industries. There are several large pharmaceutical companies in the region and they are the main buyers of Solketal. In addition, increasing demand for bio-based solvents, increased focus on sustainability and environmental regulations have increased the demand for solketal in the region.

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What are the key data covered in this Solketal Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the Solketal Market between 2023 and 2027
• Precise estimation of the size of the Solketal Market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the Solketal Market industry across North America, Europe, APAC, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of Solketal Market vendors

Table of content

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 18: Five forces analysis - Comparison between 2022 and 2027

• 4.2 Bargaining power of buyers 
• Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 4.3 Bargaining power of suppliers 
• Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 4.4 Threat of new entrants 
• Exhibit 21: Threat of new entrants – Impact of key factors in 2022 and 2027

• 4.5 Threat of substitutes 
• Exhibit 22: Threat of substitutes – Impact of key factors in 2022 and 2027

• 4.6 Threat of rivalry 
• Exhibit 23: Threat of rivalry – Impact of key factors in 2022 and 2027

• 4.7 Market condition 
• Exhibit 24: Chart on Market condition - Five forces 2022 and 2027

5 Market Segmentation by End-user

• 5.1 Market segments 
• Exhibit 25: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 26: Data Table on End-user - Market share 2022-2027 (%)

• 5.2 Comparison by End-user 
• Exhibit 27: Chart on Comparison by End-user
• Exhibit 28: Data Table on Comparison by End-user

• 5.3 Chemical manufacturing - Market size and forecast 2022-2027 
• Exhibit 29: Chart on Chemical manufacturing - Market size and forecast 2022-2027 ($ million)
• Exhibit 30: Data Table on Chemical manufacturing - Market size and forecast 2022-2027 ($ million)
• Exhibit 31: Chart on Chemical manufacturing - Year-over-year growth 2022-2027 (%)
• Exhibit 32: Data Table on Chemical manufacturing - Year-over-year growth 2022-2027 (%)

• 5.4 Pharmaceutical - Market size and forecast 2022-2027
• Exhibit 33: Chart on Pharmaceutical - Market size and forecast 2022-2027 ($ million)
• Exhibit 34: Data Table on Pharmaceutical - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Chart on Pharmaceutical - Year-over-year growth 2022-2027 (%)
• Exhibit 36: Data Table on Pharmaceutical - Year-over-year growth 2022-2027 (%)

• 5.5 Food and beverage - Market size and forecast 2022-2027 
• Exhibit 37: Chart on Food and beverage - Market size and forecast 2022-2027 ($ million)
• Exhibit 38: Data Table on Food and beverage - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Chart on Food and beverage - Year-over-year growth 2022-2027 (%)
• Exhibit 40: Data Table on Food and beverage - Year-over-year growth 2022-2027 (%)

• 5.6 Cosmetics and personal care and others - Market size and forecast 2022-2027 
• Exhibit 41: Chart on Cosmetics and personal care and others - Market size and forecast 2022-2027 ($ million)
• Exhibit 42: Data Table on Cosmetics and personal care and others - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Chart on Cosmetics and personal care and others - Year-over-year growth 2022-2027 (%)
• Exhibit 44: Data Table on Cosmetics and personal care and others - Year-over-year growth 2022-2027 (%)

• 5.7 Market opportunity by End-user 
• Exhibit 45: Market opportunity by End-user ($ million)
• Exhibit 46: Data Table on Market opportunity by End-user ($ million)

6 Market Segmentation by Type

• 6.1 Market segments 
• Exhibit 47: Chart on Type - Market share 2022-2027 (%)
• Exhibit 48: Data Table on Type - Market share 2022-2027 (%)

• 6.2 Comparison by Type 
• Exhibit 49: Chart on Comparison by Type
• Exhibit 50: Data Table on Comparison by Type

• 6.3 96-98 percent - Market size and forecast 2022-2027
• Exhibit 51: Chart on 96-98 percent - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on 96-98 percent - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on 96-98 percent - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on 96-98 percent - Year-over-year growth 2022-2027 (%)

• 6.4 98 percent - Market size and forecast 2022-2027
• Exhibit 55: Chart on 98 percent - Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on 98 percent - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on 98 percent - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on 98 percent - Year-over-year growth 2022-2027 (%)

• 6.5 >98 percent - Market size and forecast 2022-2027
• Exhibit 59: Chart on >98 percent - Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Data Table on >98 percent - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Chart on >98 percent - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on >98 percent - Year-over-year growth 2022-2027 (%)

• 6.6 Market opportunity by Type 
• Exhibit 63: Market opportunity by Type ($ million)
• Exhibit 64: Data Table on Market opportunity by Type ($ million)

7 Customer Landscape

• 7.1 Customer landscape overview 
• Exhibit 65: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Geographic Landscape

• 8.1 Geographic segmentation 
• Exhibit 66: Chart on Market share by geography 2022-2027 (%)
• Exhibit 67: Data Table on Market share by geography 2022-2027 (%)

• 8.2 Geographic comparison 
• Exhibit 68: Chart on Geographic comparison
• Exhibit 69: Data Table on Geographic comparison

• 8.3 North America - Market size and forecast 2022-2027
• Exhibit 70: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 73: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 8.4 Europe - Market size and forecast 2022-2027
• Exhibit 74: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 77: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 8.5 APAC - Market size and forecast 2022-2027
• Exhibit 78: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 81: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 8.6 South America - Market size and forecast 2022-2027
• Exhibit 82: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 85: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 8.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 86: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 89: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 8.8 US - Market size and forecast 2022-2027
• Exhibit 90: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 93: Data Table on US - Year-over-year growth 2022-2027 (%)

• 8.9 China - Market size and forecast 2022-2027
• Exhibit 94: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 97: Data Table on China - Year-over-year growth 2022-2027 (%)

• 8.10 Germany - Market size and forecast 2022-2027
• Exhibit 98: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 101: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 8.11 Canada - Market size and forecast 2022-2027
• Exhibit 102: Chart on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Chart on Canada - Year-over-year growth 2022-2027 (%)
• Exhibit 105: Data Table on Canada - Year-over-year growth 2022-2027 (%)

• 8.12 UK - Market size and forecast 2022-2027
• Exhibit 106: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 107: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 108: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 109: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 8.13 Market opportunity by geography 
• Exhibit 110: Market opportunity by geography ($ million)
• Exhibit 111: Data Tables on Market opportunity by geography ($ million)

9 Drivers, Challenges, and Trends

• 9.1 Market drivers 

• 9.2 Market challenges 

• 9.3 Impact of drivers and challenges 
• Exhibit 112: Impact of drivers and challenges in 2022 and 2027

• 9.4 Market trends 

10 Vendor Landscape

• 10.1 Overview 

• 10.2 Vendor landscape 
• Exhibit 113: Overview on Criticality of inputs and Factors of differentiation

• 10.3 Landscape disruption 
• Exhibit 114: Overview on factors of disruption

• 10.4 Industry risks 
• Exhibit 115: Impact of key risks on business

11 Vendor Analysis

• 11.1 Vendors covered 
• Exhibit 116: Vendors covered

• 11.2 Market positioning of vendors 
• Exhibit 117: Matrix on vendor position and classification

• 11.3 Alfa Chemistry 
• Exhibit 118: Alfa Chemistry - Overview
• Exhibit 119: Alfa Chemistry - Product / Service
• Exhibit 120: Alfa Chemistry - Key offerings

• 11.4 CM Fine Chemicals GmbH 
• Exhibit 121: CM Fine Chemicals GmbH - Overview
• Exhibit 122: CM Fine Chemicals GmbH - Product / Service
• Exhibit 123: CM Fine Chemicals GmbH - Key offerings

• 11.5 DAYANG CHEM (HANGZHOU) CO., LTD. 
• Exhibit 124: DAYANG CHEM (HANGZHOU) CO., LTD. - Overview
• Exhibit 125: DAYANG CHEM (HANGZHOU) CO., LTD. - Product / Service
• Exhibit 126: DAYANG CHEM (HANGZHOU) CO., LTD. - Key offerings

• 11.6 GLACONCHEMIE GmbH 
• Exhibit 127: GLACONCHEMIE GmbH - Overview
• Exhibit 128: GLACONCHEMIE GmbH - Product / Service
• Exhibit 129: GLACONCHEMIE GmbH - Key offerings

• 11.7 Glentham Life Sciences Ltd 
• Exhibit 130: Glentham Life Sciences Ltd - Overview
• Exhibit 131: Glentham Life Sciences Ltd - Product / Service
• Exhibit 132: Glentham Life Sciences Ltd - Key offerings

• 11.8 Haihang Industry Co. Ltd. 
• Exhibit 133: Haihang Industry Co. Ltd. - Overview
• Exhibit 134: Haihang Industry Co. Ltd. - Product / Service
• Exhibit 135: Haihang Industry Co. Ltd. - Key offerings

• 11.9 HENAN BON INDUSTRIAL CHEMICAL CO. LTD.
• Exhibit 136: HENAN BON INDUSTRIAL CHEMICAL CO. LTD. - Overview
• Exhibit 137: HENAN BON INDUSTRIAL CHEMICAL CO. LTD. - Product / Service
• Exhibit 138: HENAN BON INDUSTRIAL CHEMICAL CO. LTD. - Key offerings

• 11.10 IMPAG AG 
• Exhibit 139: IMPAG AG - Overview
• Exhibit 140: IMPAG AG - Product / Service
• Exhibit 141: IMPAG AG - Key offerings

• 11.11 LOBA Feinchemie GmbH 
• Exhibit 142: LOBA Feinchemie GmbH - Overview
• Exhibit 143: LOBA Feinchemie GmbH - Product / Service
• Exhibit 144: LOBA Feinchemie GmbH - Key offerings

• 11.12 Merck KGaA 
• Exhibit 145: Merck KGaA - Overview
• Exhibit 146: Merck KGaA - Business segments
• Exhibit 147: Merck KGaA - Key news
• Exhibit 148: Merck KGaA - Key offerings
• Exhibit 149: Merck KGaA - Segment focus

• 11.13 Molekula Ltd. 
• Exhibit 150: Molekula Ltd. - Overview
• Exhibit 151: Molekula Ltd. - Product / Service
• Exhibit 152: Molekula Ltd. - Key offerings

• 11.14 Solvay SA 
• Exhibit 153: Solvay SA - Overview
• Exhibit 154: Solvay SA - Business segments
• Exhibit 155: Solvay SA - Key news
• Exhibit 156: Solvay SA - Key offerings
• Exhibit 157: Solvay SA - Segment focus

• 11.15 Thermo Fisher Scientific Inc. 
• Exhibit 158: Thermo Fisher Scientific Inc. - Overview
• Exhibit 159: Thermo Fisher Scientific Inc. - Business segments
• Exhibit 160: Thermo Fisher Scientific Inc. - Key news
• Exhibit 161: Thermo Fisher Scientific Inc. - Key offerings
• Exhibit 162: Thermo Fisher Scientific Inc. - Segment focus

• 11.16 Tocopharm Co. Ltd. 
• Exhibit 163: Tocopharm Co. Ltd. - Overview
• Exhibit 164: Tocopharm Co. Ltd. - Product / Service
• Exhibit 165: Tocopharm Co. Ltd. - Key offerings

• 11.17 Tokyo Chemical Industry Co. Ltd. 
• Exhibit 166: Tokyo Chemical Industry Co. Ltd. - Overview
• Exhibit 167: Tokyo Chemical Industry Co. Ltd. - Product / Service
• Exhibit 168: Tokyo Chemical Industry Co. Ltd. - Key offerings

12 Appendix

• 12.1 Scope of the report 

• 12.2 Inclusions and exclusions checklist
• Exhibit 169: Inclusions checklist
• Exhibit 170: Exclusions checklist

• 12.3 Currency conversion rates for US$ 
• Exhibit 171: Currency conversion rates for US$

• 12.4 Research methodology 
• Exhibit 172: Research methodology
• Exhibit 173: Validation techniques employed for market sizing
• Exhibit 174: Information sources

• 12.5 List of abbreviations 
• Exhibit 175: List of abbreviations

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