Flatting Agents Market Growth, Share, Trends, and Forecast by 2031

Coverage: Flatting Agents Market covers analysis by Product Type (Silica, Wax, Thermoplastics, Others); Application (Industrial, Automotive, Aerospace, Architectural, Marine, Others); Formulation (Water based solutions, Solvent based solutions, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00009973
  • Category : Chemicals and Materials
  • No. of Pages : 150
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The Flatting Agents Market is expected to register a CAGR of 12% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

The flatting agents market report presents analysis based on product type (silica, wax, thermoplastics, and others). The report is segmented by application (industrial, automotive, aerospace, architectural, marine, and others). The report is segmented by formulation (water based solutions, solvent based solutions, and others). The global analysis is further broken-down at regional level and major countries. The market size and forecast at global, regional, and country levels for all the key market segments are covered under the scope. The report offers the value in USD for the above analysis and segments. The report provides key statistics on the market status of the key market players and offers market trends and opportunities.

Purpose of the Report

The report Flatting Agents 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.

Flatting Agents Market Segmentation

Product Type
  • Silica
  • Wax
  • Thermoplastics
Application
  • Industrial
  • Automotive
  • Aerospace
  • Architectural
  • Marine
Formulation
  • Water based solutions
  • Solvent based solutions
Geography
  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Strategic Insights

Flatting Agents Market Growth Drivers
  • Rising Demand for Flatting Agents Across Industries: The increasing consumption of flatting agents across the various end-user applications can be attributed mainly to the need for these agents to improve surface finish and appearance. Sectors such as the automotive sector, construction, and even consumer goods production have started to embrace durability in the products’ aesthetical quality. This proportionately increases the utilization of flatting agents.
  • Flatting Agents Enhance Automotive Aesthetics and Durability: For instance, in the automotive industry, matte effects preferred by consumers who want something different have flatting agents as a constituent. With new innovations from manufacturers regarding coatings that can resist scratches and even withstanding weather, the use of such agents has grown. This trend also shows the role played by flatting agents in achieving the aesthetic properties of such coatings.
  • Flatting Agents Boost Architectural Coating Trends: So is the case with the building construction industry, where the demand for protective and beautifying coatings has gone a notch higher. Certainly, architects and their clients are more likely to choose soft-touch anticoring or satin finishes for both residential and commercial units. This trend is shifting towards an increase in the consumption of flatting agents because they provide the desired texture without compromising the performance of the coatings applied.
Flatting Agents Market Future Trends
  • Shift Towards Water-Based Flatting Agents Due to Environmental Concerns: Water-based flatting agents have witnessed increased adoption, and it is one of the key trends envisaged in the flatting agents market due to a rise in global environmental concerns and regulatory frameworks. As industries seek to minimize any adverse impacts on the environment, water-based systems are becoming more preferred thanks to their relatively lower emissions of volatile organic compounds (VOCs). This shift improves sustainability in a number of sectors.
  • Water-Based Flatting Agents Enhance Safety and Sustainability: Water-based flatting agents' benefits include enhanced user protection and reduced air pollution. The development of these products is now targeted at improving their paint virtue in response to the market environmental laws. This shift also ensures better working environments for the operators as it is in tune with the prevailing worldwide efforts towards sustainability.
  • Water-Based Flatting Agents Meet Demand in Construction and Automotive Sectors: Water-based flatting agents have grown indispensable in the construction and automotive sectors in producing excellent end products. These agents are efficient in usage but do not compromise on environmental concerns, which aligns with the growing number of driven consumers. As creativity prevails, these producers are also working on improving the systems to increase the usability, durability, and beauty of the coatings.
Flatting Agents Market Opportunities
  • Growth Opportunities in Flatting Agents for UV-Cured Inks: The advancement of flatting agents intended for UV-cured inks is anticipated to present a considerable growth prospect in the flatting agents market. With more industries embracing UV curing technology for its effectiveness and quick drying period, there has been an increase in the need for specialized flatting agents that are compatible with the coatings, hence spurring creativity and expansion of the market.
  • UV-Cured Coatings Boost Market Demand for Specialized Flatting Agents: UV-cured coatings are very hard and wear-resistant; therefore, they are used a lot in the automotive, electronic, and furniture industries. Suppose flatting agents are developed taking into consideration the unique characteristics of the UV systems. In that case, this will allow their manufacturers to improve the aesthetic characteristics of such coatings, for example, how glossy or matte a coating can be, without affecting its performance. Such initiatives are pulling the focus of various key stakeholders.
  • Eco-Friendly Trends Drive Demand for UV-Cured Flatting Agents: In addition, the rising concern towards environmental sustainability also increases the demand for UV-cured coatings. Such coatings tend to have low VOC emissions and ecological footprint compared to traditional coatings, thus matching the current move towards environmentally friendly solutions. As demand for eco-friendly solutions increases, the flatting agents designed for UV-cured applications are likely to be in high demand, creating great chances for growth.

Market Report Scope

Key Selling Points

  • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Flatting Agents 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 Flatting Agents 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
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Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

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Regional Scope
Regional Scope

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

Country Scope
Country Scope

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to country scope.

Frequently Asked Questions


What is the future trend for the flatting agents market?

The shift towards water-based flatting agents is expected to be the key market trends.

What are the driving factors impacting the flatting agents market?

The growing demand for flatting agents in various end-use industries is driving the market growth.

What are the key players operating in the flatting agents market?

Akzo Nobel N.V.; Dalian Fuchang Chemical Co., Ltd.; Evonik Industries AG; Huntsman Corporation; Imerys S.A.; J.M. Huber Corporation; Michelman, inc.; PPG Industries, Inc.; The Lubrizol Corporation; and W. R. Grace and Co are some of the key players operating in the flatting agents market

Which is the fastest growing segment based on product type?

Based on product type, the silica segment is expected to witness the fastest growth during the forecast period

Based on geography, which region held the largest share of the flatting agents market?

Based on geography, Asia Pacific held the largest share of the flatting agents market due to the region's robust automotive and construction industries, which prioritize high-quality finishes and innovative coating solutions.

What is the expected CAGR of the Flatting Agents Market?

The Flatting Agents Market is estimated to witness a CAGR of 12% from 2023 to 2031

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 Flatting Agents Market - By Product Type
1.3.2 Flatting Agents Market - By Application
1.3.3 Flatting Agents Market - By Formulation
1.3.4 Flatting Agents Market - By Region
1.3.4.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. FLATTING AGENTS 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. FLATTING AGENTS 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. FLATTING AGENTS MARKET - GLOBAL MARKET ANALYSIS
6.1. FLATTING AGENTS - GLOBAL MARKET OVERVIEW
6.2. FLATTING AGENTS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. FLATTING AGENTS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. SILICA
7.3.1. Overview
7.3.2. Silica Market Forecast and Analysis
7.4. WAX
7.4.1. Overview
7.4.2. Wax Market Forecast and Analysis
7.5. THERMOPLASTICS
7.5.1. Overview
7.5.2. Thermoplastics Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. FLATTING AGENTS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. INDUSTRIAL
8.3.1. Overview
8.3.2. Industrial Market Forecast and Analysis
8.4. AUTOMOTIVE
8.4.1. Overview
8.4.2. Automotive Market Forecast and Analysis
8.5. AEROSPACE
8.5.1. Overview
8.5.2. Aerospace Market Forecast and Analysis
8.6. ARCHITECTURAL
8.6.1. Overview
8.6.2. Architectural Market Forecast and Analysis
8.7. MARINE
8.7.1. Overview
8.7.2. Marine Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. FLATTING AGENTS MARKET - REVENUE AND FORECASTS TO 2028 - FORMULATION
9.1. OVERVIEW
9.2. FORMULATION MARKET FORECASTS AND ANALYSIS
9.3. WATER BASED SOLUTIONS
9.3.1. Overview
9.3.2. Water based solutions Market Forecast and Analysis
9.4. SOLVENT BASED SOLUTIONS
9.4.1. Overview
9.4.2. Solvent based solutions Market Forecast and Analysis
9.5. OTHERS
9.5.1. Overview
9.5.2. Others Market Forecast and Analysis

10. FLATTING AGENTS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Flatting Agents Market Overview
10.1.2 North America Flatting Agents Market Forecasts and Analysis
10.1.3 North America Flatting Agents Market Forecasts and Analysis - By Product Type
10.1.4 North America Flatting Agents Market Forecasts and Analysis - By Application
10.1.5 North America Flatting Agents Market Forecasts and Analysis - By Formulation
10.1.6 North America Flatting Agents Market Forecasts and Analysis - By Countries
10.1.6.1 United States Flatting Agents Market
10.1.6.1.1 United States Flatting Agents Market by Product Type
10.1.6.1.2 United States Flatting Agents Market by Application
10.1.6.1.3 United States Flatting Agents Market by Formulation
10.1.6.2 Canada Flatting Agents Market
10.1.6.2.1 Canada Flatting Agents Market by Product Type
10.1.6.2.2 Canada Flatting Agents Market by Application
10.1.6.2.3 Canada Flatting Agents Market by Formulation
10.1.6.3 Mexico Flatting Agents Market
10.1.6.3.1 Mexico Flatting Agents Market by Product Type
10.1.6.3.2 Mexico Flatting Agents Market by Application
10.1.6.3.3 Mexico Flatting Agents Market by Formulation
10.2. EUROPE
10.2.1 Europe Flatting Agents Market Overview
10.2.2 Europe Flatting Agents Market Forecasts and Analysis
10.2.3 Europe Flatting Agents Market Forecasts and Analysis - By Product Type
10.2.4 Europe Flatting Agents Market Forecasts and Analysis - By Application
10.2.5 Europe Flatting Agents Market Forecasts and Analysis - By Formulation
10.2.6 Europe Flatting Agents Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Flatting Agents Market
10.2.6.1.1 Germany Flatting Agents Market by Product Type
10.2.6.1.2 Germany Flatting Agents Market by Application
10.2.6.1.3 Germany Flatting Agents Market by Formulation
10.2.6.2 France Flatting Agents Market
10.2.6.2.1 France Flatting Agents Market by Product Type
10.2.6.2.2 France Flatting Agents Market by Application
10.2.6.2.3 France Flatting Agents Market by Formulation
10.2.6.3 Spain Flatting Agents Market
10.2.6.3.1 Spain Flatting Agents Market by Product Type
10.2.6.3.2 Spain Flatting Agents Market by Application
10.2.6.3.3 Spain Flatting Agents Market by Formulation
10.2.6.4 United Kingdom Flatting Agents Market
10.2.6.4.1 United Kingdom Flatting Agents Market by Product Type
10.2.6.4.2 United Kingdom Flatting Agents Market by Application
10.2.6.4.3 United Kingdom Flatting Agents Market by Formulation
10.2.6.5 Russia Flatting Agents Market
10.2.6.5.1 Russia Flatting Agents Market by Product Type
10.2.6.5.2 Russia Flatting Agents Market by Application
10.2.6.5.3 Russia Flatting Agents Market by Formulation
10.2.6.6 Rest of Europe Flatting Agents Market
10.2.6.6.1 Rest of Europe Flatting Agents Market by Product Type
10.2.6.6.2 Rest of Europe Flatting Agents Market by Application
10.2.6.6.3 Rest of Europe Flatting Agents Market by Formulation
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Flatting Agents Market Overview
10.3.2 Asia-Pacific Flatting Agents Market Forecasts and Analysis
10.3.3 Asia-Pacific Flatting Agents Market Forecasts and Analysis - By Product Type
10.3.4 Asia-Pacific Flatting Agents Market Forecasts and Analysis - By Application
10.3.5 Asia-Pacific Flatting Agents Market Forecasts and Analysis - By Formulation
10.3.6 Asia-Pacific Flatting Agents Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Flatting Agents Market
10.3.6.1.1 Australia Flatting Agents Market by Product Type
10.3.6.1.2 Australia Flatting Agents Market by Application
10.3.6.1.3 Australia Flatting Agents Market by Formulation
10.3.6.2 China Flatting Agents Market
10.3.6.2.1 China Flatting Agents Market by Product Type
10.3.6.2.2 China Flatting Agents Market by Application
10.3.6.2.3 China Flatting Agents Market by Formulation
10.3.6.3 India Flatting Agents Market
10.3.6.3.1 India Flatting Agents Market by Product Type
10.3.6.3.2 India Flatting Agents Market by Application
10.3.6.3.3 India Flatting Agents Market by Formulation
10.3.6.4 Japan Flatting Agents Market
10.3.6.4.1 Japan Flatting Agents Market by Product Type
10.3.6.4.2 Japan Flatting Agents Market by Application
10.3.6.4.3 Japan Flatting Agents Market by Formulation
10.3.6.5 South Korea Flatting Agents Market
10.3.6.5.1 South Korea Flatting Agents Market by Product Type
10.3.6.5.2 South Korea Flatting Agents Market by Application
10.3.6.5.3 South Korea Flatting Agents Market by Formulation
10.3.6.6 Rest of Asia-Pacific Flatting Agents Market
10.3.6.6.1 Rest of Asia-Pacific Flatting Agents Market by Product Type
10.3.6.6.2 Rest of Asia-Pacific Flatting Agents Market by Application
10.3.6.6.3 Rest of Asia-Pacific Flatting Agents Market by Formulation
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Flatting Agents Market Overview
10.4.2 Middle East and Africa Flatting Agents Market Forecasts and Analysis
10.4.3 Middle East and Africa Flatting Agents Market Forecasts and Analysis - By Product Type
10.4.4 Middle East and Africa Flatting Agents Market Forecasts and Analysis - By Application
10.4.5 Middle East and Africa Flatting Agents Market Forecasts and Analysis - By Formulation
10.4.6 Middle East and Africa Flatting Agents Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Flatting Agents Market
10.4.6.1.1 South Africa Flatting Agents Market by Product Type
10.4.6.1.2 South Africa Flatting Agents Market by Application
10.4.6.1.3 South Africa Flatting Agents Market by Formulation
10.4.6.2 Saudi Arabia Flatting Agents Market
10.4.6.2.1 Saudi Arabia Flatting Agents Market by Product Type
10.4.6.2.2 Saudi Arabia Flatting Agents Market by Application
10.4.6.2.3 Saudi Arabia Flatting Agents Market by Formulation
10.4.6.3 U.A.E Flatting Agents Market
10.4.6.3.1 U.A.E Flatting Agents Market by Product Type
10.4.6.3.2 U.A.E Flatting Agents Market by Application
10.4.6.3.3 U.A.E Flatting Agents Market by Formulation
10.4.6.4 Rest of Middle East and Africa Flatting Agents Market
10.4.6.4.1 Rest of Middle East and Africa Flatting Agents Market by Product Type
10.4.6.4.2 Rest of Middle East and Africa Flatting Agents Market by Application
10.4.6.4.3 Rest of Middle East and Africa Flatting Agents Market by Formulation
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Flatting Agents Market Overview
10.5.2 South and Central America Flatting Agents Market Forecasts and Analysis
10.5.3 South and Central America Flatting Agents Market Forecasts and Analysis - By Product Type
10.5.4 South and Central America Flatting Agents Market Forecasts and Analysis - By Application
10.5.5 South and Central America Flatting Agents Market Forecasts and Analysis - By Formulation
10.5.6 South and Central America Flatting Agents Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Flatting Agents Market
10.5.6.1.1 Brazil Flatting Agents Market by Product Type
10.5.6.1.2 Brazil Flatting Agents Market by Application
10.5.6.1.3 Brazil Flatting Agents Market by Formulation
10.5.6.2 Argentina Flatting Agents Market
10.5.6.2.1 Argentina Flatting Agents Market by Product Type
10.5.6.2.2 Argentina Flatting Agents Market by Application
10.5.6.2.3 Argentina Flatting Agents Market by Formulation
10.5.6.3 Rest of South and Central America Flatting Agents Market
10.5.6.3.1 Rest of South and Central America Flatting Agents Market by Product Type
10.5.6.3.2 Rest of South and Central America Flatting Agents Market by Application
10.5.6.3.3 Rest of South and Central America Flatting Agents Market by Formulation

11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

12. FLATTING AGENTS MARKET, KEY COMPANY PROFILES
12.1. AKZO NOBEL N.V.
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. DALIAN FUCHANG CHEMICAL CO., LTD.
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. EVONIK INDUSTRIES AG
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. HUNTSMAN CORPORATION
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. IMERYS S.A.
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. J.M. HUBER CORPORATION
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. MICHELMAN, INC.
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. PPG INDUSTRIES, INC.
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. THE LUBRIZOL CORPORATION
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. W. R. GRACE AND CO.-CONN.
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments

13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
The List of Companies

1. Akzo Nobel N.V.
2. Dalian Fuchang Chemical Co., Ltd.
3. Evonik Industries AG
4. Huntsman Corporation
5 .Imerys S.A.
6. J.M. Huber Corporation
7. Michelman, inc.
8. PPG Industries, Inc.
9. The Lubrizol Corporation
10. W. R. Grace and Co.-Conn.

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.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

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