Research Methodology

Revenue generated across various segments were further triangulated based on the response received from other stakeholders.

Methodology Followed for Calculation of Market Shares:

• Market shares by product type, by application, by mode of distribution, by region and by company were calculated based on the responses received through primary surveys with industry experts, in which the respondents were asked about the market shares or revenue generated from various segments of the Saudi Arabia Industrial gases market. The final shares were calculated by taking the geometric mean of the responses gathered from key opinion leaders after eliminating the outliers.

Methodology Followed for Forecasting:

• TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results. Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast the Saudi Arabia Industrial gases market, TechSci Research used various forecast techniques such as:

Moving Average

Time Series Analysis  Regression Analysis

Econometric and Judgmental Analysis

Note: Sum of sum shares may not be 100% due to round off till two decimal places.