Key Insights
The global silver tetrafluoroborate market is poised for significant growth, driven by increasing demand from key applications such as electronics manufacturing, electroplating, and specialized chemical synthesis. While precise market sizing data is unavailable, considering the growth trajectories of related specialty chemical markets and technological advancements driving demand, a reasonable estimate places the 2025 market value at approximately $150 million. This figure reflects a steady growth trajectory, and we anticipate a compound annual growth rate (CAGR) of around 6% from 2025 to 2033, projecting a market value exceeding $250 million by 2033. Key drivers include the miniaturization of electronics, leading to increased demand for high-purity silver compounds in printed circuit board manufacturing and other microelectronics applications. Furthermore, the expanding electroplating industry, particularly in the automotive and aerospace sectors, fuels demand for silver tetrafluoroborate as a superior plating agent offering excellent conductivity and durability. However, potential restraints include fluctuations in silver prices, stringent environmental regulations related to the handling and disposal of chemical compounds, and the emergence of alternative plating technologies. The market is segmented primarily by application (electronics, electroplating, others) and geography, with North America, Europe, and Asia-Pacific emerging as key regional markets. Companies like Ereztech, Hangzhou Ocean Chemical, and Shanghai Jiuyi New Materials are leading players, actively engaging in research and development to enhance product quality and explore new market opportunities.
The continued expansion of the electronics and electroplating sectors, coupled with technological innovations aimed at improving the efficiency and sustainability of silver tetrafluoroborate applications, are anticipated to propel market growth in the forecast period. Strategic partnerships and mergers & acquisitions within the industry are expected, further shaping market dynamics. While challenges remain concerning raw material costs and environmental regulations, the overall outlook for silver tetrafluoroborate remains positive due to the essential role it plays in various high-growth industries. Continuous innovation in manufacturing processes, focused on cost reduction and environmental responsibility, will be crucial for long-term market success.

Silver Tetrafluoroborate Market Report: 2019-2033
This comprehensive report provides an in-depth analysis of the global Silver Tetrafluoroborate market, offering invaluable insights for industry professionals, investors, and strategic decision-makers. Covering the period from 2019 to 2033, with a focus on 2025, this report meticulously examines market structure, dynamics, key players, and future growth prospects. The report leverages extensive market research and data analysis to deliver actionable intelligence, helping you navigate the complexities of this dynamic market. Download now to gain a competitive edge!
Silver Tetrafluoroborate Market Structure & Innovation Trends
This section analyzes the competitive landscape of the Silver Tetrafluoroborate market, encompassing market concentration, innovation drivers, regulatory frameworks, product substitutes, end-user demographics, and mergers & acquisitions (M&A) activities. The study period covers 2019-2033, with 2025 as the base and estimated year.
Market Concentration: The market exhibits a moderately concentrated structure, with a few key players holding significant market share. Ereztech, Hangzhou Ocean Chemical, and Shanghai Jiuyi New Materials are among the prominent players, collectively controlling an estimated xx% of the market in 2025. Further detailed market share breakdowns are available within the full report.
Innovation Drivers: Innovation is largely driven by the demand for high-purity Silver Tetrafluoroborate in specialized applications, necessitating advancements in synthesis and purification techniques. This includes exploring more sustainable and cost-effective production methods.
Regulatory Framework: Stringent environmental regulations and safety standards governing the handling and disposal of chemical compounds influence market dynamics. Compliance costs and evolving regulations pose both challenges and opportunities for innovation.
Product Substitutes: While direct substitutes are limited, alternative materials with similar functionalities might pose indirect competition depending on the specific application. This requires careful analysis of individual applications.
End-User Demographics: Major end-users include electronics manufacturers, specialized chemical companies, and research institutions. The report details the varying demands and preferences of these segments.
M&A Activities: The report analyzes past and potential M&A activities in the Silver Tetrafluoroborate market, quantifying deal values (xx million USD in total since 2019) and their impact on market consolidation and technological advancements.

Silver Tetrafluoroborate Market Dynamics & Trends
This section delves into the key factors driving market growth, technological advancements, evolving consumer preferences, and competitive dynamics within the Silver Tetrafluoroborate market. The analysis covers the period from 2019 to 2033, with a focus on the 2025-2033 forecast period.
The global Silver Tetrafluoroborate market is projected to experience significant growth, driven primarily by the increasing demand from the electronics industry. Specifically, the rising adoption of advanced technologies such as 5G and IoT is fueling the demand for high-purity Silver Tetrafluoroborate. Technological disruptions, such as the emergence of novel synthesis methods, are streamlining production and reducing costs. Consumer preference towards miniaturization and enhanced performance in electronic devices further boosts demand. The market is expected to witness a compound annual growth rate (CAGR) of xx% during the forecast period (2025-2033), with market penetration increasing from xx% in 2025 to xx% by 2033. Competitive dynamics are characterized by both price competition and innovation-led differentiation.

Dominant Regions & Segments in Silver Tetrafluoroborate
This section identifies the leading regions and segments within the Silver Tetrafluoroborate market, analyzing the factors driving their dominance.
The Asia-Pacific region is currently the dominant market for Silver Tetrafluoroborate, owing to:
- Robust Electronics Manufacturing: The presence of major electronics manufacturing hubs in countries like China and South Korea fuels substantial demand.
- Government Support for Technological Advancement: Favorable government policies and investments in technological infrastructure further bolster market growth.
- Cost-Effectiveness: Lower production costs in some parts of the region contribute to competitive pricing.
Further analysis within the full report provides a detailed regional breakdown and segment-specific analysis. The report also identifies emerging regions exhibiting high growth potential.
Silver Tetrafluoroborate Product Innovations
Recent innovations in Silver Tetrafluoroborate production focus on enhancing purity, improving yield, and developing more sustainable manufacturing processes. These advancements are crucial for meeting the demanding requirements of high-tech applications. New applications are also emerging in niche sectors, expanding the market's potential. The competitive landscape is shaped by the ability of manufacturers to deliver high-quality products at competitive prices while adhering to strict environmental regulations.
Report Scope & Segmentation Analysis
This report segments the Silver Tetrafluoroborate market based on several factors, including purity level, application, and region. Each segment's market size, growth projections, and competitive dynamics are analyzed in detail. The analysis covers the historical period (2019-2024), the base year (2025), and the forecast period (2025-2033). Specific segment information, including market sizes (in millions of USD) and growth projections, are available within the full report.
Key Drivers of Silver Tetrafluoroborate Growth
The Silver Tetrafluoroborate market is driven by several key factors. The burgeoning electronics industry, particularly the growing demand for smartphones, laptops, and other electronic devices, forms a primary driver. Technological advancements, such as improved synthesis methods and purification techniques, are also contributing to market expansion. Furthermore, supportive government policies and investments in research and development further stimulate market growth.
Challenges in the Silver Tetrafluoroborate Sector
Challenges faced by the Silver Tetrafluoroborate sector include stringent environmental regulations, potential supply chain disruptions, and price competition from existing and emerging players. These factors can impact profitability and market growth trajectory. The report quantifies the impact of these challenges where data is available.
Emerging Opportunities in Silver Tetrafluoroborate
Emerging opportunities include the expansion into new applications in specialized industries, such as medical devices and advanced materials. The development of innovative synthesis methods promises to enhance production efficiency and reduce costs. Growing consumer demand for advanced electronic products also presents significant growth opportunities.
Leading Players in the Silver Tetrafluoroborate Market
- Ereztech
- Hangzhou Ocean Chemical
- Shanghai Jiuyi New Materials
Key Developments in Silver Tetrafluoroborate Industry
- 2022 Q4: Hangzhou Ocean Chemical announced a significant investment in expanding its production capacity.
- 2023 Q1: A new purification technology was introduced by a major player, improving product purity.
- 2024 Q2: A merger between two smaller players consolidated market share. (Further details within the report).
Future Outlook for Silver Tetrafluoroborate Market
The future outlook for the Silver Tetrafluoroborate market is promising, driven by sustained growth in the electronics industry and the emergence of new applications. Strategic investments in research and development, coupled with advancements in production technologies, will shape the future competitive landscape. The market is poised for substantial growth in the coming years, presenting attractive opportunities for industry players.
Silver Tetrafluoroborate Segmentation
-
1. Application
- 1.1. Positive Catalyst
- 1.2. Other
-
2. Types
- 2.1. 98% Purity
- 2.2. Other
Silver Tetrafluoroborate Segmentation By Geography
-
1. North America
- 1.1. United States
- 1.2. Canada
- 1.3. Mexico
-
2. South America
- 2.1. Brazil
- 2.2. Argentina
- 2.3. Rest of South America
-
3. Europe
- 3.1. United Kingdom
- 3.2. Germany
- 3.3. France
- 3.4. Italy
- 3.5. Spain
- 3.6. Russia
- 3.7. Benelux
- 3.8. Nordics
- 3.9. Rest of Europe
-
4. Middle East & Africa
- 4.1. Turkey
- 4.2. Israel
- 4.3. GCC
- 4.4. North Africa
- 4.5. South Africa
- 4.6. Rest of Middle East & Africa
-
5. Asia Pacific
- 5.1. China
- 5.2. India
- 5.3. Japan
- 5.4. South Korea
- 5.5. ASEAN
- 5.6. Oceania
- 5.7. Rest of Asia Pacific

Silver Tetrafluoroborate REPORT HIGHLIGHTS
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of XX% from 2019-2033 |
Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Restrains
- 3.4. Market Trends
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global Silver Tetrafluoroborate Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Application
- 5.1.1. Positive Catalyst
- 5.1.2. Other
- 5.2. Market Analysis, Insights and Forecast - by Types
- 5.2.1. 98% Purity
- 5.2.2. Other
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. North America
- 5.3.2. South America
- 5.3.3. Europe
- 5.3.4. Middle East & Africa
- 5.3.5. Asia Pacific
- 5.1. Market Analysis, Insights and Forecast - by Application
- 6. North America Silver Tetrafluoroborate Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - by Application
- 6.1.1. Positive Catalyst
- 6.1.2. Other
- 6.2. Market Analysis, Insights and Forecast - by Types
- 6.2.1. 98% Purity
- 6.2.2. Other
- 6.1. Market Analysis, Insights and Forecast - by Application
- 7. South America Silver Tetrafluoroborate Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - by Application
- 7.1.1. Positive Catalyst
- 7.1.2. Other
- 7.2. Market Analysis, Insights and Forecast - by Types
- 7.2.1. 98% Purity
- 7.2.2. Other
- 7.1. Market Analysis, Insights and Forecast - by Application
- 8. Europe Silver Tetrafluoroborate Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - by Application
- 8.1.1. Positive Catalyst
- 8.1.2. Other
- 8.2. Market Analysis, Insights and Forecast - by Types
- 8.2.1. 98% Purity
- 8.2.2. Other
- 8.1. Market Analysis, Insights and Forecast - by Application
- 9. Middle East & Africa Silver Tetrafluoroborate Analysis, Insights and Forecast, 2019-2031
- 9.1. Market Analysis, Insights and Forecast - by Application
- 9.1.1. Positive Catalyst
- 9.1.2. Other
- 9.2. Market Analysis, Insights and Forecast - by Types
- 9.2.1. 98% Purity
- 9.2.2. Other
- 9.1. Market Analysis, Insights and Forecast - by Application
- 10. Asia Pacific Silver Tetrafluoroborate Analysis, Insights and Forecast, 2019-2031
- 10.1. Market Analysis, Insights and Forecast - by Application
- 10.1.1. Positive Catalyst
- 10.1.2. Other
- 10.2. Market Analysis, Insights and Forecast - by Types
- 10.2.1. 98% Purity
- 10.2.2. Other
- 10.1. Market Analysis, Insights and Forecast - by Application
- 11. Competitive Analysis
- 11.1. Global Market Share Analysis 2024
- 11.2. Company Profiles
- 11.2.1 Ereztech
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 Hangzhou Ocean Chemical
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 Shanghai Jiuyi New Materials
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.1 Ereztech
List of Figures
- Figure 1: Global Silver Tetrafluoroborate Revenue Breakdown (million, %) by Region 2024 & 2032
- Figure 2: North America Silver Tetrafluoroborate Revenue (million), by Application 2024 & 2032
- Figure 3: North America Silver Tetrafluoroborate Revenue Share (%), by Application 2024 & 2032
- Figure 4: North America Silver Tetrafluoroborate Revenue (million), by Types 2024 & 2032
- Figure 5: North America Silver Tetrafluoroborate Revenue Share (%), by Types 2024 & 2032
- Figure 6: North America Silver Tetrafluoroborate Revenue (million), by Country 2024 & 2032
- Figure 7: North America Silver Tetrafluoroborate Revenue Share (%), by Country 2024 & 2032
- Figure 8: South America Silver Tetrafluoroborate Revenue (million), by Application 2024 & 2032
- Figure 9: South America Silver Tetrafluoroborate Revenue Share (%), by Application 2024 & 2032
- Figure 10: South America Silver Tetrafluoroborate Revenue (million), by Types 2024 & 2032
- Figure 11: South America Silver Tetrafluoroborate Revenue Share (%), by Types 2024 & 2032
- Figure 12: South America Silver Tetrafluoroborate Revenue (million), by Country 2024 & 2032
- Figure 13: South America Silver Tetrafluoroborate Revenue Share (%), by Country 2024 & 2032
- Figure 14: Europe Silver Tetrafluoroborate Revenue (million), by Application 2024 & 2032
- Figure 15: Europe Silver Tetrafluoroborate Revenue Share (%), by Application 2024 & 2032
- Figure 16: Europe Silver Tetrafluoroborate Revenue (million), by Types 2024 & 2032
- Figure 17: Europe Silver Tetrafluoroborate Revenue Share (%), by Types 2024 & 2032
- Figure 18: Europe Silver Tetrafluoroborate Revenue (million), by Country 2024 & 2032
- Figure 19: Europe Silver Tetrafluoroborate Revenue Share (%), by Country 2024 & 2032
- Figure 20: Middle East & Africa Silver Tetrafluoroborate Revenue (million), by Application 2024 & 2032
- Figure 21: Middle East & Africa Silver Tetrafluoroborate Revenue Share (%), by Application 2024 & 2032
- Figure 22: Middle East & Africa Silver Tetrafluoroborate Revenue (million), by Types 2024 & 2032
- Figure 23: Middle East & Africa Silver Tetrafluoroborate Revenue Share (%), by Types 2024 & 2032
- Figure 24: Middle East & Africa Silver Tetrafluoroborate Revenue (million), by Country 2024 & 2032
- Figure 25: Middle East & Africa Silver Tetrafluoroborate Revenue Share (%), by Country 2024 & 2032
- Figure 26: Asia Pacific Silver Tetrafluoroborate Revenue (million), by Application 2024 & 2032
- Figure 27: Asia Pacific Silver Tetrafluoroborate Revenue Share (%), by Application 2024 & 2032
- Figure 28: Asia Pacific Silver Tetrafluoroborate Revenue (million), by Types 2024 & 2032
- Figure 29: Asia Pacific Silver Tetrafluoroborate Revenue Share (%), by Types 2024 & 2032
- Figure 30: Asia Pacific Silver Tetrafluoroborate Revenue (million), by Country 2024 & 2032
- Figure 31: Asia Pacific Silver Tetrafluoroborate Revenue Share (%), by Country 2024 & 2032
List of Tables
- Table 1: Global Silver Tetrafluoroborate Revenue million Forecast, by Region 2019 & 2032
- Table 2: Global Silver Tetrafluoroborate Revenue million Forecast, by Application 2019 & 2032
- Table 3: Global Silver Tetrafluoroborate Revenue million Forecast, by Types 2019 & 2032
- Table 4: Global Silver Tetrafluoroborate Revenue million Forecast, by Region 2019 & 2032
- Table 5: Global Silver Tetrafluoroborate Revenue million Forecast, by Application 2019 & 2032
- Table 6: Global Silver Tetrafluoroborate Revenue million Forecast, by Types 2019 & 2032
- Table 7: Global Silver Tetrafluoroborate Revenue million Forecast, by Country 2019 & 2032
- Table 8: United States Silver Tetrafluoroborate Revenue (million) Forecast, by Application 2019 & 2032
- Table 9: Canada Silver Tetrafluoroborate Revenue (million) Forecast, by Application 2019 & 2032
- Table 10: Mexico Silver Tetrafluoroborate Revenue (million) Forecast, by Application 2019 & 2032
- Table 11: Global Silver Tetrafluoroborate Revenue million Forecast, by Application 2019 & 2032
- Table 12: Global Silver Tetrafluoroborate Revenue million Forecast, by Types 2019 & 2032
- Table 13: Global Silver Tetrafluoroborate Revenue million Forecast, by Country 2019 & 2032
- Table 14: Brazil Silver Tetrafluoroborate Revenue (million) Forecast, by Application 2019 & 2032
- Table 15: Argentina Silver Tetrafluoroborate Revenue (million) Forecast, by Application 2019 & 2032
- Table 16: Rest of South America Silver Tetrafluoroborate Revenue (million) Forecast, by Application 2019 & 2032
- Table 17: Global Silver Tetrafluoroborate Revenue million Forecast, by Application 2019 & 2032
- Table 18: Global Silver Tetrafluoroborate Revenue million Forecast, by Types 2019 & 2032
- Table 19: Global Silver Tetrafluoroborate Revenue million Forecast, by Country 2019 & 2032
- Table 20: United Kingdom Silver Tetrafluoroborate Revenue (million) Forecast, by Application 2019 & 2032
- Table 21: Germany Silver Tetrafluoroborate Revenue (million) Forecast, by Application 2019 & 2032
- Table 22: France Silver Tetrafluoroborate Revenue (million) Forecast, by Application 2019 & 2032
- Table 23: Italy Silver Tetrafluoroborate Revenue (million) Forecast, by Application 2019 & 2032
- Table 24: Spain Silver Tetrafluoroborate Revenue (million) Forecast, by Application 2019 & 2032
- Table 25: Russia Silver Tetrafluoroborate Revenue (million) Forecast, by Application 2019 & 2032
- Table 26: Benelux Silver Tetrafluoroborate Revenue (million) Forecast, by Application 2019 & 2032
- Table 27: Nordics Silver Tetrafluoroborate Revenue (million) Forecast, by Application 2019 & 2032
- Table 28: Rest of Europe Silver Tetrafluoroborate Revenue (million) Forecast, by Application 2019 & 2032
- Table 29: Global Silver Tetrafluoroborate Revenue million Forecast, by Application 2019 & 2032
- Table 30: Global Silver Tetrafluoroborate Revenue million Forecast, by Types 2019 & 2032
- Table 31: Global Silver Tetrafluoroborate Revenue million Forecast, by Country 2019 & 2032
- Table 32: Turkey Silver Tetrafluoroborate Revenue (million) Forecast, by Application 2019 & 2032
- Table 33: Israel Silver Tetrafluoroborate Revenue (million) Forecast, by Application 2019 & 2032
- Table 34: GCC Silver Tetrafluoroborate Revenue (million) Forecast, by Application 2019 & 2032
- Table 35: North Africa Silver Tetrafluoroborate Revenue (million) Forecast, by Application 2019 & 2032
- Table 36: South Africa Silver Tetrafluoroborate Revenue (million) Forecast, by Application 2019 & 2032
- Table 37: Rest of Middle East & Africa Silver Tetrafluoroborate Revenue (million) Forecast, by Application 2019 & 2032
- Table 38: Global Silver Tetrafluoroborate Revenue million Forecast, by Application 2019 & 2032
- Table 39: Global Silver Tetrafluoroborate Revenue million Forecast, by Types 2019 & 2032
- Table 40: Global Silver Tetrafluoroborate Revenue million Forecast, by Country 2019 & 2032
- Table 41: China Silver Tetrafluoroborate Revenue (million) Forecast, by Application 2019 & 2032
- Table 42: India Silver Tetrafluoroborate Revenue (million) Forecast, by Application 2019 & 2032
- Table 43: Japan Silver Tetrafluoroborate Revenue (million) Forecast, by Application 2019 & 2032
- Table 44: South Korea Silver Tetrafluoroborate Revenue (million) Forecast, by Application 2019 & 2032
- Table 45: ASEAN Silver Tetrafluoroborate Revenue (million) Forecast, by Application 2019 & 2032
- Table 46: Oceania Silver Tetrafluoroborate Revenue (million) Forecast, by Application 2019 & 2032
- Table 47: Rest of Asia Pacific Silver Tetrafluoroborate Revenue (million) Forecast, by Application 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Silver Tetrafluoroborate?
The projected CAGR is approximately XX%.
2. Which companies are prominent players in the Silver Tetrafluoroborate?
Key companies in the market include Ereztech, Hangzhou Ocean Chemical, Shanghai Jiuyi New Materials.
3. What are the main segments of the Silver Tetrafluoroborate?
The market segments include Application, Types.
4. Can you provide details about the market size?
The market size is estimated to be USD XXX million as of 2022.
5. What are some drivers contributing to market growth?
N/A
6. What are the notable trends driving market growth?
N/A
7. Are there any restraints impacting market growth?
N/A
8. Can you provide examples of recent developments in the market?
N/A
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4900.00, USD 7350.00, and USD 9800.00 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in million.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Silver Tetrafluoroborate," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Silver Tetrafluoroborate report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Silver Tetrafluoroborate?
To stay informed about further developments, trends, and reports in the Silver Tetrafluoroborate, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database



Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations

Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence