The global industrial wastewater treatment market size is poised to reach around US$ 16.5 billion by 2026 and growing at a CAGR of 4.5% from forecast period 2019 to 2026.
Industrial waste management includes different types of sewage treatment processes that are manufactured by the industry as an undesirable by-product. Once therapy is done, industrial wastewater can be reused or disposed of in the surroundings in a sanitary sewer or ground water. Different kinds of wastewater contamination involve a number of contamination elimination approaches. Some include the removal of oil and grease, acid and alkaline filters removal, pain removal, pharmaceuticals, vitrified, and ozonated pesticides.
Increased industrialization and urbanization are key market drivers. Also the demand for industrial wastewater treatment is boosting a safety working atmosphere in industrial installations. This development is due to stringent emission and treatment legislation for industrial waste as well as the depletion of resources of freshwater. But the demand for sophisticated, environmentally-friendly water treatment techniques by end-use companies is hindering market growth. On the contrary, increasing industrialization caused by an explosion in the population is anticipated to open up fresh possibilities for producers of industrial wastewater chemicals.
The report provides analysis of global Industrial Wastewater Treatment market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year.
Market Insights
Increasing demand for clean water from emerging markets is resulting in a marked increase in equipment acceptance, due to the increasing population, industrialization and fast development. Water therapy comprises of procedures to remove volatile components and contaminants from water, using chemical and physical separation methods. The market is expected to drive increasing demands in emerging economies, such as Asia Pacific, for minimized global water footprint and optimum returns of quality. A main part in water-quality improvement and pollution prevention, important government authorities including the U.S. Environmental Protection Agency (EPA), the European Environment Agency (EEA), and the Central Pollution Control Board (CPCB). The demand for municipal and industrial sectors has increased due to strict public regulations on emissions of waste water.
There are a number of variables driving the worldwide industry, such as the depletion of freshwater resources and stringent emission and processing laws for industrial waste. The primary sources of industrial wastewater include wood processing, preservation of wood, oil refining, food sector, fabric teinting and power stations. New effective water recycling and process techniques are being developed today. Some of them include sewage surveillance and control systems for membrane bioreactors, biological procedures and granular sludge procedures with a designed microbial framework. The United States, due to its extremely developed technologies and sophisticated processes, is one of the biggest markets for sewage treatment machinery. The increasing urban population and significant demand for industrial aqua reuse are forecast to drive the country's development for aqua equipment over the forecast era.
The demand for wastewater treatment chemicals is growing quickly in the power generation industry as standards and rules for discharging wastewater are being strengthened. In order to improve chemical usage in wastewater treatment, besides environmental advantages, the zero fluid discharge (ZLD) schemes is a key contributor. These variables drive demand for industrial sewage therapy during the forecast era in the energy generation sector.
Segment Analysis
The largest form of industrial wastewater treatment over the forecast period is estimated at biocides & disinfectant. Because of its high demands on sewage treatment apps in the main end-use sectors included in the research, demand for biocides and disinfectants is relatively greater. Biocides are directly linked to human physiology and are capable of neutralizing microbial illnesses. In addition, the growing environmental regulations have fuel the demand in industrial sewage processing chemicals for biocidal and disinfectant products.
By process, the market is divided into main, secondary and tertiary treatments on the basis of process technology. In 2018, the section of tertiary treatment resulted the way. The forecast period is projected to proceed. The main techniques for this category are nanofiltration, inverse osmosis, bioreactors membrane, microfiltration and disinfection.
The use of trickling filters, bio-towers, rotating biological contactor and activated sludge devices for secondary therapy is primarily used for removing soluble organic substances and chemicals, including nitrogen and phosphorus. In addition, a high effect on the market over the forecast era is projected for technological inclusion in the field of the creation of new techniques, including moving bed biofilm reactors and integrated film Activated Sludge (IFAS) for secondary treated techniques.
Power generation is both the biggest and most rapidly expanding sewage processing sector where clean water is an important element for energy generation. As population and urbanization grow quickly along with changing lifestyles, the per capita electricity consumption has increased. As a result, the demand for electricity around the world has been fuelled, which in turn has raised the demand for chemical treatments in the water industry. Further, in order to boost the wastewater processing chemical usage in the sector the zero fluid waste (ZLD) mandate plays a significant role.
The industrial waste sector operates in a number of sectors, including chemical, paper, pulp and food, drinks, mining, and refineries, for many apps for raw and processed water. The main driving forces are rapid urbanization, technological growth and growing manufacturing units that create strong demand for fresh and processed water. The increase in city population, investment and public development support is projected to provide tremendous demand from developing market municipal sectors, including Brazil, China, India, Turkey and Saudi Arabia.
Regional Stance
The biggest market for industrial wastewater processing is estimated for North America. This development is primarily driven by the enormous demand in the United States and Canada for industrial waste water treatment. In those nations, the strict regulations on water purification drive the intake of sewage chemicals. During the forecast period, APAC will be the most rapidly growing market. This development is due to the elevated demand from the APAC region's electricity production, mining, food & beverages, chemical, pulp and paper and textile sectors. During the predictive era, the development of the APAC market would be driven by altering populations such as enhancing living norms, tight sewage treatment laws, fast industrialisation and a increasing population in the area.
The primary driving forces for regional development are the increase in urban and rural inhabitants, urbanization and foreign investment in industrial and municipal waste water management. The main nations of Europe are Russia, Norway and the United Kingdom. In terms of income share, Europe was second biggest in 2018, and over the forecast period is expected to experience stable development. Implementing strict laws has driven the aquatic equipment market in the area.
The MEA region is defined by the lack of important freshwater sources and the existence of a big amount of water and sewage treatment plants. The regional market is anticipated to be driven by an increase in per capita water usage and by an increase in population owing to enhanced immigration.
Market Segmentation
Global Industrial Wastewater Treatment Market, By Process
- Primary Treatment
- Secondary Treatment
- Tertiary Treatment
Global Industrial Wastewater Treatment Market, By Type
- Coagulants
- Biocides & Disinfectants
- Flocculants
Global Industrial Wastewater Treatment Market, By End-Use Industry
- Mining
- Power Generation
- Chemical
Global Industrial Wastewater Treatment Market, By Geography
- North America.
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa (MEA)
The market research study on “Industrial Wastewater Treatment Market - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026” offers detailed insights on global industrial waste water treatment market segments with market dynamics and their impact. The report also covers basic technology development policies.
Key Players & Strategies
The industrial waste water treatment market consists of major vendors such as Xylem Inc.; Feralco Group; Hydrite Chemical Co.; Aries Chemical; Veolia Environnement SA; DowDuPont Inc.; Suez Environment SA; Kurita Water Industries Ltd.; Pentair Plc.; Ecolab Inc.; Calgon Carbon Corporation; Evoqua Water Technologies; and 3M.
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Industrial Wastewater Treatment
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Industrial Wastewater Treatment Market By Process
1.2.2.1. Global Industrial Wastewater Treatment Market Revenue and Growth Rate Comparison By Process (2015-2026)
1.2.2.2. Global Industrial Wastewater Treatment Market Revenue Share By Process in 2017
1.2.2.3. Primary Treatment
1.2.2.4. Secondary Treatment
1.2.2.5. Tertiary Treatment
1.2.3. Industrial Wastewater Treatment Market By Type
1.2.3.1. Global Industrial Wastewater Treatment Market Revenue and Growth Rate Comparison By Type (2015-2026)
1.2.3.2. Coagulants
1.2.3.3. Biocides & Disinfectants
1.2.3.4. Flocculants
1.2.4. Industrial Wastewater Treatment Market By End-Use Industry
1.2.4.1. Global Industrial Wastewater Treatment Market Revenue and Growth Rate Comparison By End-Use Industry (2015-2026)
1.2.4.2. Mining
1.2.4.3. Power Generation
1.2.4.4. Chemical
1.2.5. Industrial Wastewater Treatment Market by Geography
1.2.5.1. Global Industrial Wastewater Treatment Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.5.2. North America Industrial Wastewater Treatment Market Revenue and Growth Rate (2015-2026)
1.2.5.3. Europe Industrial Wastewater Treatment Market Revenue and Growth Rate (2015-2026)
1.2.5.4. Asia-Pacific Industrial Wastewater Treatment Market Revenue and Growth Rate (2015-2026)
1.2.5.5. Latin America Industrial Wastewater Treatment Market Revenue and Growth Rate (2015-2026)
1.2.5.6. Middle East and Africa (MEA) Industrial Wastewater Treatment Market Revenue and Growth Rate (2015-2026)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2017
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Industrial Wastewater Treatment Major Manufacturers in 2017
3.2. Manufacturing Plants Distribution of Global Industrial Wastewater Treatment Major Manufacturers in 2017
3.3. R&D Status and Technology Process of Global Industrial Wastewater Treatment Major Manufacturers in 2017
3.4. Raw Materials Sources Analysis of Global Industrial Wastewater Treatment Major Manufacturers in 2017
CHAPTER 4. INDUSTRIAL WASTEWATER TREATMENT MARKET BY PROCESS
4.1. Global Industrial Wastewater Treatment Revenue By Process
4.2. Primary Treatment
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Secondary Treatment
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. Tertiary Treatment
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 5. INDUSTRIAL WASTEWATER TREATMENT MARKET BY TYPE
5.1. Global Industrial Wastewater Treatment Revenue By Type
5.2. Coagulants
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Biocides & Disinfectants
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Flocculants
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 6. INDUSTRIAL WASTEWATER TREATMENT MARKET BY END-USE INDUSTRY
6.1. Global Industrial Wastewater Treatment Revenue By End-Use Industry
6.2. Mining
6.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.3. Power Generation
6.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.4. Chemical
6.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 7. NORTH AMERICA INDUSTRIAL WASTEWATER TREATMENT MARKET BY COUNTRY
7.1. North America Industrial Wastewater Treatment Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. North America Industrial Wastewater Treatment Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. U.S.
7.3.1. U.S. Industrial Wastewater Treatment Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.3.3. Market Revenue and Forecast By End-Use Industry, 2015 - 2026 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.4.3. Market Revenue and Forecast By End-Use Industry, 2015 - 2026 ($Million)
7.5. Mexico
7.5.1. Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
7.5.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.5.3. Market Revenue and Forecast By End-Use Industry, 2015 - 2026 ($Million)
CHAPTER 8. EUROPE INDUSTRIAL WASTEWATER TREATMENT MARKET BY COUNTRY
8.1. Europe Industrial Wastewater Treatment Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Europe Industrial Wastewater Treatment Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.3.3. Market Revenue and Forecast By End-Use Industry, 2015 - 2026 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.4.3. Market Revenue and Forecast By End-Use Industry, 2015 - 2026 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.5.3. Market Revenue and Forecast By End-Use Industry, 2015 - 2026 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.6.3. Market Revenue and Forecast By End-Use Industry, 2015 - 2026 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.7.3. Market Revenue and Forecast By End-Use Industry, 2015 - 2026 ($Million)
CHAPTER 9. ASIA-PACIFIC INDUSTRIAL WASTEWATER TREATMENT MARKET BY COUNTRY
9.1. Asia-Pacific Industrial Wastewater Treatment Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Asia-Pacific Industrial Wastewater Treatment Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.3.3. Market Revenue and Forecast By End-Use Industry, 2015 - 2026 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.4.3. Market Revenue and Forecast By End-Use Industry, 2015 - 2026 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.5.3. Market Revenue and Forecast By End-Use Industry, 2015 - 2026 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
9.6.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.6.3. Market Revenue and Forecast By End-Use Industry, 2015 - 2026 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
9.7.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.7.3. Market Revenue and Forecast By End-Use Industry, 2015 - 2026 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
9.8.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.8.3. Market Revenue and Forecast By End-Use Industry, 2015 - 2026 ($Million)
CHAPTER 10. LATIN AMERICA INDUSTRIAL WASTEWATER TREATMENT MARKET BY COUNTRY
10.1. Latin America Industrial Wastewater Treatment Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Latin America Industrial Wastewater Treatment Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
10.3.3. Market Revenue and Forecast By End-Use Industry, 2015 - 2026 ($Million)
10.4. Argentina
10.4.1. Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
10.4.3. Market Revenue and Forecast By End-Use Industry, 2015 - 2026 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
10.5.3. Market Revenue and Forecast By End-Use Industry, 2015 - 2026 ($Million)
CHAPTER 11. MIDDLE EAST INDUSTRIAL WASTEWATER TREATMENT MARKET BY COUNTRY
11.1. Middle East Industrial Wastewater Treatment Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Middle East Industrial Wastewater Treatment Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. Saudi Arabia
11.3.1. Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
11.3.3. Market Revenue and Forecast By End-Use Industry, 2015 - 2026 ($Million)
11.4. UAE
11.4.1. Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
11.4.3. Market Revenue and Forecast By End-Use Industry, 2015 - 2026 ($Million)
11.5. Rest of Middle East
11.5.1. Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
11.5.3. Market Revenue and Forecast By End-Use Industry, 2015 - 2026 ($Million)
CHAPTER 12. AFRICA INDUSTRIAL WASTEWATER TREATMENT MARKET BY COUNTRY
12.1. Africa Industrial Wastewater Treatment Market Revenue and Growth Rate, 2015 - 2026 ($Million)
12.2. Africa Industrial Wastewater Treatment Market Revenue Share Comparison, 2015 & 2026 (%)
12.3. South Africa
12.3.1. Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
12.3.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
12.3.3. Market Revenue and Forecast By End-Use Industry, 2015 - 2026 ($Million)
12.4. Egypt
12.4.1. Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
12.4.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
12.4.3. Market Revenue and Forecast By End-Use Industry, 2015 - 2026 ($Million)
12.5. Rest of Africa
12.5.1. Market Revenue and Forecast By Process, 2015 - 2026 ($Million)
12.5.2. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
12.5.3. Market Revenue and Forecast By End-Use Industry, 2015 - 2026 ($Million)
CHAPTER 13. COMPANY PROFILE
13.1. Xylem Inc.
13.1.1. Company Snapshot
13.1.2. Overview
13.1.3. Financial Overview
13.1.4. Type Portfolio
13.1.5. Key Developments
13.1.6. Strategies
13.2. Feralco Group
13.2.1. Company Snapshot
13.2.2. Overview
13.2.3. Financial Overview
13.2.4. Type Portfolio
13.2.5. Key Developments
13.2.6. Strategies
13.3. Hydrite Chemical Co.
13.3.1. Company Snapshot
13.3.2. Overview
13.3.3. Financial Overview
13.3.4. Type Portfolio
13.3.5. Key Developments
13.3.6. Strategies
13.4. Aries Chemical
13.4.1. Company Snapshot
13.4.2. Overview
13.4.3. Financial Overview
13.4.4. Type Portfolio
13.4.5. Key Developments
13.4.6. Strategies
13.5. Ecolab
13.5.1. Company Snapshot
13.5.2. Overview
13.5.3. Financial Overview
13.5.4. Type Portfolio
13.5.5. Key Developments
13.5.6. Strategies
13.6. Veolia Environnement SA
13.6.1. Company Snapshot
13.6.2. Overview
13.6.3. Financial Overview
13.6.4. Type Portfolio
13.6.5. Key Developments
13.6.6. Strategies
13.7. DowDuPont Inc.
13.7.1. Company Snapshot
13.7.2. Overview
13.7.3. Financial Overview
13.7.4. Type Portfolio
13.7.5. Key Developments
13.7.6. Strategies
13.8. Suez Environment SA
13.8.1. Company Snapshot
13.8.2. Overview
13.8.3. Financial Overview
13.8.4. Type Portfolio
13.8.5. Key Developments
13.8.6. Strategies
13.9. Kurita Water Industries Ltd.
13.9.1. Company Snapshot
13.9.2. Overview
13.9.3. Financial Overview
13.9.4. Type Portfolio
13.9.5. Key Developments
13.9.6. Strategies
13.10. Pentair Plc.
13.10.1. Company Snapshot
13.10.2. Overview
13.10.3. Financial Overview
13.10.4. Type Portfolio
13.10.5. Key Developments
13.10.6. Strategies
13.11. Ecolab Inc.
13.11.1. Company Snapshot
13.11.2. Overview
13.11.3. Financial Overview
13.11.4. Type Portfolio
13.11.5. Key Developments
13.11.6. Strategies
13.12. Calgon Carbon Corporation
13.12.1. Company Snapshot
13.12.2. Overview
13.12.3. Financial Overview
13.12.4. Type Portfolio
13.12.5. Key Developments
13.12.6. Strategies
13.13. Evoqua Water Technologies
13.13.1. Company Snapshot
13.13.2. Overview
13.13.3. Financial Overview
13.13.4. Type Portfolio
13.13.5. Key Developments
13.13.6. Strategies
13.14. 3M
13.14.1. Company Snapshot
13.14.2. Overview
13.14.3. Financial Overview
13.14.4. Type Portfolio
13.14.5. Key Developments
13.14.6. Strategies
13.15. Others
13.15.1. Company Snapshot
13.15.2. Overview
13.15.3. Financial Overview
13.15.4. Type Portfolio
13.15.5. Key Developments
13.15.6. Strategies
CHAPTER 14. RESEARCH APPROACH
14.1. Research Methodology
14.1.1. Initial Data Search
14.1.2. Secondary Research
14.1.3. Primary Research
14.2. Assumptions and Scope
