Fiber Glass Yarn Market Growth, Size, Share, Trends, Key Players and Forecast by 2031

Coverage: Fiber Glass Yarn Market covers analysis By Type (E-Glass Fabric, S-Glass, C-Glass, Others); Application (Transportation, Marine, Wind Energy, Aerospace, Construction, Electrical and Electronics, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Date : Nov 2025
  • Report Code : TIPRE00019203
  • Category : Chemicals and Materials
  • Status : Upcoming
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 150

The Fiber Glass Yarn Market is expected to register a CAGR of 5% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

Fiber Glass Yarn Market covers analysis By Type (E-Glass Fabric, S-Glass, C-Glass, Others); Application (Transportation, Marine, Wind Energy, Aerospace, Construction, Electrical and Electronics, Others) , and Geography (North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America). Fiberglass yarn is defined as fiber-reinforced plastic which incorporates the use of glass as a reinforced material. The chief raw materials used in the manufacturing of fiberglass yarn are boron oxides along with silica or silicate glass, magnesium as well as calcium. Amongst other types of yarns, E-glass fiberglass is considered to be one of the significant raw material.

Purpose of the Report

The report Fiber Glass Yarn Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Fiber Glass Yarn Market Segmentation

Type
  • E-Glass Fabric
  • S-Glass
  • C-Glass
Application
  • Transportation
  • Marine
  • Wind Energy
  • Aerospace
  • Construction
  • Electrical and Electronics

Strategic Insights

Fiber Glass Yarn Market Growth Drivers
  • Growing Demand in the Automobile Sector: Fiberglass yarn is a driving force in emerging markets associated with the automotive industry because the increases in the markets demand very light but durable materials. In the end, light composites help reduce vehicle weight, improve fuel economy and safety and make its applications in the automotive industry highly demanding.
  • Rise in Construction and Infrastructure Developments: In general, with increasing global infrastructure projects and constructions, the need for fiberglass yarn as a strong, fire-resistant material is complementing the increased demand. It finds fomentation in concrete, insulation, and other applications; this material is essential to sustaining durability and safety in modern construction needs.
  • Increasing Demand from Composites in Aerospace and Defense: The aerospace and defense industries primarily drive demand for fiberglass yarn because they require very high-performing, lightweight, and durable materials. One can cite examples of such uses, like the use of composite materials to produce aircraft parts or defense equipment. Such uses continue to drive the trend of replacing heavier metals with strong, lightweight alternatives for better performance and efficiency.
Fiber Glass Yarn Market Future Trends
  • Shift Toward Lightweight Materials:The trend is, in fact, pushing industries such as automotive, aerospace, and construction towards increasing use of fiberglass yarns. As companies lessen weights in their efforts to improve the fuel economy and performance of their products, fiberglass yarn becomes a more widely used raw material in composite materials and structural components.
  • Greening and Environmentally-Friendly Production-fiber Glass Yarn:More and more people emphasize environmental sustainability, which causes the fiberglass yarn market to lean on greener means of production. Manufacturers are also focusing on reducing waste, recycling materials, and greening their processes to produce fiberglass yarn, pretty in tune with the world that pushes for more environmentally-friendly and energy-efficient solutions in all industries.
  • Advancement in Technological Fiber Reinforced Composites: The advances in fiber reinforced composites are going to bring the future of the fiberglass yarn market. Hence, new manufacturing techniques and enhanced material properties will trigger a wide application of fiberglass yarn in very demanding applications like automotive parts, sports equipment, and infrastructure, swelling demand for stronger, longer-lasting composite materials.
Fiber Glass Yarn Market Opportunities
  • Growth of Renewable Energy Sector: The uptick in renewable energy demand particularly wind, has immense revenue-generating possibilities for fiberglass yarn, which finds application in creating wind turbine blades from its strong, yet lightweight, characteristics. Though development in the renewable energy infrastructure would push continued demand for fiberglass yarn.
  • Development in Demand for Electric Vehicles (EVs): The ongoing changes in automotive technology toward electric cars hold opportunities for fiberglass yarn production of lightweight, high-strength composites for components applicable in EVs. Such components include battery enclosures, facet body parts, and structural elements that will impact greatly on vehicle performance and efficiency.
  • Growing Adoption in Advanced Construction Materials: At a time when the more advanced building materials are being sought for use, fiberglass yarn has opportunities concerning reinforced concrete construction applications and in the manufacture of insulation products. In fact, the trend toward tougher and much more energy-efficient building solutions presents growth potential for advanced construction materials.

Market Report Scope

Key Selling Points

  • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Fiber Glass Yarn Market, providing a holistic landscape.
  • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
  • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
  • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

The research report on the Fiber Glass Yarn Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.

REGIONAL FRAMEWORK
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Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

Frequently Asked Questions


Based on geography, which region is expected to record a highest CAGR in the market.

The North America market is expected to account for the highest CAGR during the forecast period owing to the growing wind energy projects in the region.

Which application segment accounted for the highest share in the fiber glass yarn market?

The organic category segment accounted for the largest market share in 2023.

What are the driving factors impacting the fiber glass yarn market?

Growing demand for wind energy is a key driver in the market

What are the key players operating in the fiber glass yarn market?

AGY Holding Corp, Chongqing Polycomp International Corporation (CPIC), Jushi Group Co., Ltd, Mid-Mountain Materials, Inc, Nippon Electric Glass Co., Ltd, Nitto Boseki Co., Ltd, Owens Corning, PFG Fiber Glass Corporation, Saint-Gobain Performance Plastics, and Sichuan Weibo are some of the key players in the market.

What is the expected CAGR of the Fiber Glass Yarn Market ?

The Fiber Glass Yarn Market is estimated to witness a CAGR of 5% from 2023 to 2031

What are the future trends in the market?

Technological developments is an emerging trend in the market.

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Fiber Glass Yarn Market - By Type
1.3.2 Fiber Glass Yarn Market - By Application
1.3.3 Fiber Glass Yarn Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. FIBER GLASS YARN MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS

5. FIBER GLASS YARN MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. FIBER GLASS YARN MARKET - GLOBAL MARKET ANALYSIS
6.1. FIBER GLASS YARN - GLOBAL MARKET OVERVIEW
6.2. FIBER GLASS YARN - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. FIBER GLASS YARN MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. E-GLASS FABRIC
7.3.1. Overview
7.3.2. E-Glass Fabric Market Forecast and Analysis
7.4. S-GLASS
7.4.1. Overview
7.4.2. S-Glass Market Forecast and Analysis
7.5. C-GLASS
7.5.1. Overview
7.5.2. C-Glass Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. FIBER GLASS YARN MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. TRANSPORTATION
8.3.1. Overview
8.3.2. Transportation Market Forecast and Analysis
8.4. MARINE
8.4.1. Overview
8.4.2. Marine Market Forecast and Analysis
8.5. WIND ENERGY
8.5.1. Overview
8.5.2. Wind Energy Market Forecast and Analysis
8.6. AEROSPACE
8.6.1. Overview
8.6.2. Aerospace Market Forecast and Analysis
8.7. CONSTRUCTION
8.7.1. Overview
8.7.2. Construction Market Forecast and Analysis
8.8. ELECTRICAL AND ELECTRONICS
8.8.1. Overview
8.8.2. Electrical and Electronics Market Forecast and Analysis
8.9. OTHERS
8.9.1. Overview
8.9.2. Others Market Forecast and Analysis

9. FIBER GLASS YARN MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Fiber Glass Yarn Market Overview
9.1.2 North America Fiber Glass Yarn Market Forecasts and Analysis
9.1.3 North America Fiber Glass Yarn Market Forecasts and Analysis - By Type
9.1.4 North America Fiber Glass Yarn Market Forecasts and Analysis - By Application
9.1.5 North America Fiber Glass Yarn Market Forecasts and Analysis - By Countries
9.1.5.1 United States Fiber Glass Yarn Market
9.1.5.1.1 United States Fiber Glass Yarn Market by Type
9.1.5.1.2 United States Fiber Glass Yarn Market by Application
9.1.5.2 Canada Fiber Glass Yarn Market
9.1.5.2.1 Canada Fiber Glass Yarn Market by Type
9.1.5.2.2 Canada Fiber Glass Yarn Market by Application
9.1.5.3 Mexico Fiber Glass Yarn Market
9.1.5.3.1 Mexico Fiber Glass Yarn Market by Type
9.1.5.3.2 Mexico Fiber Glass Yarn Market by Application
9.2. EUROPE
9.2.1 Europe Fiber Glass Yarn Market Overview
9.2.2 Europe Fiber Glass Yarn Market Forecasts and Analysis
9.2.3 Europe Fiber Glass Yarn Market Forecasts and Analysis - By Type
9.2.4 Europe Fiber Glass Yarn Market Forecasts and Analysis - By Application
9.2.5 Europe Fiber Glass Yarn Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Fiber Glass Yarn Market
9.2.5.1.1 Germany Fiber Glass Yarn Market by Type
9.2.5.1.2 Germany Fiber Glass Yarn Market by Application
9.2.5.2 France Fiber Glass Yarn Market
9.2.5.2.1 France Fiber Glass Yarn Market by Type
9.2.5.2.2 France Fiber Glass Yarn Market by Application
9.2.5.3 Italy Fiber Glass Yarn Market
9.2.5.3.1 Italy Fiber Glass Yarn Market by Type
9.2.5.3.2 Italy Fiber Glass Yarn Market by Application
9.2.5.4 United Kingdom Fiber Glass Yarn Market
9.2.5.4.1 United Kingdom Fiber Glass Yarn Market by Type
9.2.5.4.2 United Kingdom Fiber Glass Yarn Market by Application
9.2.5.5 Russia Fiber Glass Yarn Market
9.2.5.5.1 Russia Fiber Glass Yarn Market by Type
9.2.5.5.2 Russia Fiber Glass Yarn Market by Application
9.2.5.6 Rest of Europe Fiber Glass Yarn Market
9.2.5.6.1 Rest of Europe Fiber Glass Yarn Market by Type
9.2.5.6.2 Rest of Europe Fiber Glass Yarn Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Fiber Glass Yarn Market Overview
9.3.2 Asia-Pacific Fiber Glass Yarn Market Forecasts and Analysis
9.3.3 Asia-Pacific Fiber Glass Yarn Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Fiber Glass Yarn Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Fiber Glass Yarn Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Fiber Glass Yarn Market
9.3.5.1.1 Australia Fiber Glass Yarn Market by Type
9.3.5.1.2 Australia Fiber Glass Yarn Market by Application
9.3.5.2 China Fiber Glass Yarn Market
9.3.5.2.1 China Fiber Glass Yarn Market by Type
9.3.5.2.2 China Fiber Glass Yarn Market by Application
9.3.5.3 India Fiber Glass Yarn Market
9.3.5.3.1 India Fiber Glass Yarn Market by Type
9.3.5.3.2 India Fiber Glass Yarn Market by Application
9.3.5.4 Japan Fiber Glass Yarn Market
9.3.5.4.1 Japan Fiber Glass Yarn Market by Type
9.3.5.4.2 Japan Fiber Glass Yarn Market by Application
9.3.5.5 South Korea Fiber Glass Yarn Market
9.3.5.5.1 South Korea Fiber Glass Yarn Market by Type
9.3.5.5.2 South Korea Fiber Glass Yarn Market by Application
9.3.5.6 Rest of Asia-Pacific Fiber Glass Yarn Market
9.3.5.6.1 Rest of Asia-Pacific Fiber Glass Yarn Market by Type
9.3.5.6.2 Rest of Asia-Pacific Fiber Glass Yarn Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Fiber Glass Yarn Market Overview
9.4.2 Middle East and Africa Fiber Glass Yarn Market Forecasts and Analysis
9.4.3 Middle East and Africa Fiber Glass Yarn Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Fiber Glass Yarn Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Fiber Glass Yarn Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Fiber Glass Yarn Market
9.4.5.1.1 South Africa Fiber Glass Yarn Market by Type
9.4.5.1.2 South Africa Fiber Glass Yarn Market by Application
9.4.5.2 Saudi Arabia Fiber Glass Yarn Market
9.4.5.2.1 Saudi Arabia Fiber Glass Yarn Market by Type
9.4.5.2.2 Saudi Arabia Fiber Glass Yarn Market by Application
9.4.5.3 U.A.E Fiber Glass Yarn Market
9.4.5.3.1 U.A.E Fiber Glass Yarn Market by Type
9.4.5.3.2 U.A.E Fiber Glass Yarn Market by Application
9.4.5.4 Rest of Middle East and Africa Fiber Glass Yarn Market
9.4.5.4.1 Rest of Middle East and Africa Fiber Glass Yarn Market by Type
9.4.5.4.2 Rest of Middle East and Africa Fiber Glass Yarn Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Fiber Glass Yarn Market Overview
9.5.2 South and Central America Fiber Glass Yarn Market Forecasts and Analysis
9.5.3 South and Central America Fiber Glass Yarn Market Forecasts and Analysis - By Type
9.5.4 South and Central America Fiber Glass Yarn Market Forecasts and Analysis - By Application
9.5.5 South and Central America Fiber Glass Yarn Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Fiber Glass Yarn Market
9.5.5.1.1 Brazil Fiber Glass Yarn Market by Type
9.5.5.1.2 Brazil Fiber Glass Yarn Market by Application
9.5.5.2 Argentina Fiber Glass Yarn Market
9.5.5.2.1 Argentina Fiber Glass Yarn Market by Type
9.5.5.2.2 Argentina Fiber Glass Yarn Market by Application
9.5.5.3 Rest of South and Central America Fiber Glass Yarn Market
9.5.5.3.1 Rest of South and Central America Fiber Glass Yarn Market by Type
9.5.5.3.2 Rest of South and Central America Fiber Glass Yarn Market by Application

10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

11. FIBER GLASS YARN MARKET, KEY COMPANY PROFILES
11.1. AGY HOLDING CORP
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. CHONGQING POLYCOMP INTERNATIONAL CORPORATION (CPIC)
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. JUSHI GROUP CO., LTD
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. MID-MOUNTAIN MATERIALS, INC
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. NIPPON ELECTRIC GLASS CO., LTD
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. NITTO BOSEKI CO., LTD
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. OWENS CORNING
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. PFG FIBER GLASS CORPORATION
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SAINT-GOBAIN PERFORMANCE PLASTICS
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. SICHUAN WEIBO
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments

12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
Your Key Concerns Addressed - Question & Answer
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The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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