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The 2010-2015 Outlook for Corrosion Inhibitors in The Middle East - Product Image

The 2010-2015 Outlook for Corrosion Inhibitors in The Middle East

  • ID: 1067861
  • May 2009
  • Region: Middle East
  • 35 pages
  • ICON Group International

WHAT IS LATENT DEMAND AND THE P.I.E.?

The concept of latent demand is rather subtle. The term latent typically refers to something that is dormant, not observable or not yet realized. Demand is the notion of an economic quantity that a target population or market requires under different assumptions of price, quality, and distribution, among other factors. Latent demand, therefore, is commonly defined by economists as the industry earnings of a market when that market becomes accessible and attractive to serve by competing firms. It is a measure, therefore, of potential industry earnings (P.I.E.) or total revenues (not profit) if a market is served in an efficient manner. It is typically expressed as the total revenues potentially extracted by firms. The “market” is defined at a given level in the value chain. There can be latent demand at the retail level, at the wholesale level, the manufacturing level, and the raw materials level (the P.I.E. of higher levels of the value chain being always smaller than the P.I.E. of levels at lower levels of the same value chain, assuming all levels maintain minimum profitability).

The latent demand for corrosion inhibitors READ MORE >

1 INTRODUCTION 1
1.1 Overview 1
1.2 What is Latent Demand and the P.I.E.? 1
1.3 The Methodology 2
1.3.1 Step 1. Product Definition and Data Collection 4
1.3.2 Step 2. Filtering and Smoothing 5
1.3.3 Step 3. Filling in Missing Values 6
1.3.4 Step 4. Varying Parameter, Non-linear Estimation 6
1.3.5 Step 5. Fixed-Parameter Linear Estimation 7
1.3.6 Step 6. Aggregation and Benchmarking 7
1.3.7 Step 7. Latent Demand Density: Allocating Across Cities 7
2 THE MIDDLE EAST 9
2.1 Executive Summary 9
2.2 Afghanistan 10
2.3 Armenia 11
2.4 Azerbaijan 12
2.5 Bahrain 12
2.6 Iran 13
2.7 Iraq 14
2.8 Israel 15
2.9 Jordan 15
2.10 Kuwait 16
2.11 Kyrgyzstan 17
2.12 Lebanon 17
2.13 Oman 18
2.14 Pakistan 19
2.15 Palestine 20
2.16 Qatar 20
2.17 Saudi Arabia 21
2.18 Syrian Arab Republic 22
2.19 Tajikistan 23
2.20 The United Arab Emirates 23
2.21 Turkey 24
2.22 Turkmenistan 25
2.23 Uzbekistan 25
2.24 Yemen 26
3 DISCLAIMERS, WARRANTEES, AND USER AGREEMENT PROVISIONS 28
3.1 Disclaimers & Safe Harbor 28
3.2 Icon Group International, Inc. User Agreement Provisions 29

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