Join as Market Research Analyst at Manipal Technologies Limited
About the Company:
The company is a leading player in the specialty chemical industry, committed to innovation and excellence. It focuses on identifying new product opportunities, creating business cases, and conducting detailed market research to expand its footprint in the chemical sector. The company collaborates with cross-functional teams, industry experts, and academia to drive product development and commercialization.
Job Title: Market Research Analyst – Specialty Chemicals
Job Summary:
The company is seeking a dynamic and detail-oriented Market Research Analyst with 1-2 years of experience in market research, preferably in the chemical industry. The ideal candidate will identify product opportunities, conduct feasibility studies, analyze market trends, and collaborate with industry stakeholders to drive business growth.
Key Responsibilities:
Identify products and technologies in the chemical sector with a strong business case.
Conduct thorough market research and analyze trends, pricing models, sales, and operational methods.
Collect and analyze competitor data and consolidate findings into actionable reports and presentations.
Design surveys to understand prospective customer preferences and business objectives.
Compile and analyze statistical data using modern and traditional research methods.
Perform SWOT, PEST, and Porter’s Five Forces analyses to assess market potential.
Interpret data, conduct techno-feasibility analyses, and formulate reports with business insights.
Use market research tools to create and manage a comprehensive database.
Stay informed on market trends, competitive research, and implement best practices.
Collaborate with cross-functional teams, industry experts, and academia to identify growth opportunities.
Identify joint ventures with potential players in the specialty chemical sector.
Engage with industry experts regarding product development and commercialization.
Draft NDAs and business agreements to ensure confidentiality and partnership security.
Create business plans and present findings to the management team.
Enhance industry knowledge by attending conferences, expos, and networking with experts.
Educational Qualifications:
MBA in Marketing/Analytical Chemistry (Chemistry background preferred).
Experience Level:
1-2 years of experience in market research, preferably in the chemical or specialty chemical industry.
Preferred Skills:
Strong analytical and research skills.
Proficiency in using data analysis and market research tools.
Excellent communication and presentation skills.
Ability to collaborate effectively with cross-functional teams and industry experts.
Knowledge of SWOT, PEST, and Porter’s Five Forces models.
Ability to interpret complex data and provide actionable business recommendations.
Experience in drafting business agreements and understanding confidentiality protocols.
Optional Qualifications:
Exposure to the specialty chemicals industry.
Familiarity with emerging trends and technologies in the chemical sector.