Fluoropolymer coatings are the large molecule which is based on organofluorine compounds with multiple covalent bonds. The fluoropolymer coatings has a unique physical property of resistant towards all the bases like solvents, acids, etc. The fluoropolymers coatings are made with help different monomers such as perfluorocycloalkene, ethylene, vinyl fluoride, propylene, etc. Fluoropolymer coatings are the hard irreversible polymer which is obtained through the process of curing. The fluoropolymers coatings are used in various industries such as food processing, electronics, Building & constructions, etc.
MARKET DYNAMICS
The global fluoropolymer coatings market is growing at a significant pace owing to driving factors such as increasing demand from food processing industries due to its high safety. Furthermore, Increasing usage in several end use industries due to excellent characteristics such as electrical resistant, abrasion resitant, low surface tension, etc., it is likely to drive the demand for fluoropolymer coatings in the coming years. Furthermore, increasing manufacturing of environment friendly fluoropolymer coating can also drive the market. However, growing number of substitute products may be projected to hinder the growth of fluoropolymer coatings market. Likewise, development and commercialization of different grades for implying implication on various puposes may provide a lucrative opportunity for the market players in the near future.
MARKET SCOPE
The "Global Fluoropolymer Coatings Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the fluoropolymer coatings market with detailed market segmentation by resin type, application sector, and geography. The global fluoropolymer coatings market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading fluoropolymer coatings market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global fluoropolymer coatings market is segmented on the basis of resin type and application sector. On the basis of resin type, the fluoropolymer coatings market is segmented into, polytetrafluoroethylene, polyvinylidene fluoride, fluorinated ethylene propylene, ethylene tetrafluoroethylene, perfluoroalkoxy alkanes, polyvinyl fluoride and other resin types. On the basis of application sector, the market is bifurcated into, industrial, building and construction, automotive, food processing, aviation and aerospace, electrical, cookware and other application sectors.
REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global fluoropolymer coatings market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The fluoropolymer coatings market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the fluoropolymer coatings market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the fluoropolymer coatings market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global fluoropolymer coatings market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The fluoropolymer coatings market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the fluoropolymer coatings market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the fluoropolymer coatings market in these regions.
MARKET PLAYERSThe reports cover key developments in the fluoropolymer coatings market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from fluoropolymer coatings market are anticipated to lucrative growth opportunities in the future with the rising demand for fluoropolymer coatings in the global market. Below mentioned is the list of few companies engaged in the fluoropolymer coatings market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the fluoropolymer coatings market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Akzonobel NV
- Daikin Industries Ltd
- PPG Industries Inc.
- Praxair Surface Technologies Inc.
- Tnemec Company Inc.
- Axalta Coating Systems, LLC
- Walter Wurdack Inc.
- The Chemours Company
- Whitford Corporation
- Kansai Paints Co. Ltd
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Fluoropolymer Coatings Market - By Resin Type
1.3.2 Fluoropolymer Coatings Market - By Application Sector
1.3.3 Fluoropolymer Coatings Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. FLUOROPOLYMER COATINGS 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. FLUOROPOLYMER COATINGS 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, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. FLUOROPOLYMER COATINGS MARKET - GLOBAL MARKET ANALYSIS
6.1. FLUOROPOLYMER COATINGS - GLOBAL MARKET OVERVIEW
6.2. FLUOROPOLYMER COATINGS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. FLUOROPOLYMER COATINGS MARKET - REVENUE AND FORECASTS TO 2028 - RESIN TYPE
7.1. OVERVIEW
7.2. RESIN TYPE MARKET FORECASTS AND ANALYSIS
7.3. POLYTETRAFLUOROETHYLENE
7.3.1. Overview
7.3.2. Polytetrafluoroethylene Market Forecast and Analysis
7.4. POLYVINYLIDENE FLUORIDE
7.4.1. Overview
7.4.2. Polyvinylidene Fluoride Market Forecast and Analysis
7.5. FLUORINATED ETHYLENE PROPYLENE
7.5.1. Overview
7.5.2. Fluorinated Ethylene Propylene Market Forecast and Analysis
7.6. ETHYLENE TETRAFLUOROETHYLENE
7.6.1. Overview
7.6.2. Ethylene Tetrafluoroethylene Market Forecast and Analysis
7.7. PERFLUOROALKOXY ALKANES
7.7.1. Overview
7.7.2. Perfluoroalkoxy Alkanes Market Forecast and Analysis
7.8. POLYVINYL FLUORIDE
7.8.1. Overview
7.8.2. Polyvinyl Fluoride Market Forecast and Analysis
7.9. OTHER RESIN TYPES
7.9.1. Overview
7.9.2. Other Resin Types Market Forecast and Analysis
8. FLUOROPOLYMER COATINGS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION SECTOR
8.1. OVERVIEW
8.2. APPLICATION SECTOR MARKET FORECASTS AND ANALYSIS
8.3. INDUSTRIAL
8.3.1. Overview
8.3.2. Industrial Market Forecast and Analysis
8.4. BUILDING AND CONSTRUCTION
8.4.1. Overview
8.4.2. Building and Construction Market Forecast and Analysis
8.5. AUTOMOTIVE
8.5.1. Overview
8.5.2. Automotive Market Forecast and Analysis
8.6. FOOD PROCESSING
8.6.1. Overview
8.6.2. Food Processing Market Forecast and Analysis
8.7. AVIATION AND AEROSPACE
8.7.1. Overview
8.7.2. Aviation and Aerospace Market Forecast and Analysis
8.8. ELECTRICAL
8.8.1. Overview
8.8.2. Electrical Market Forecast and Analysis
8.9. COOKWARE
8.9.1. Overview
8.9.2. Cookware Market Forecast and Analysis
8.10. OTHER APPLICATION SECTORS
8.10.1. Overview
8.10.2. Other Application Sectors Market Forecast and Analysis
9. FLUOROPOLYMER COATINGS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Fluoropolymer Coatings Market Overview
9.1.2 North America Fluoropolymer Coatings Market Forecasts and Analysis
9.1.3 North America Fluoropolymer Coatings Market Forecasts and Analysis - By Resin Type
9.1.4 North America Fluoropolymer Coatings Market Forecasts and Analysis - By Application Sector
9.1.5 North America Fluoropolymer Coatings Market Forecasts and Analysis - By Countries
9.1.5.1 Canada Fluoropolymer Coatings Market
9.1.5.1.1 Canada Fluoropolymer Coatings Market by Resin Type
9.1.5.1.2 Canada Fluoropolymer Coatings Market by Application Sector
9.1.5.2 Mexico Fluoropolymer Coatings Market
9.1.5.2.1 Mexico Fluoropolymer Coatings Market by Resin Type
9.1.5.2.2 Mexico Fluoropolymer Coatings Market by Application Sector
9.1.5.3 US Fluoropolymer Coatings Market
9.1.5.3.1 US Fluoropolymer Coatings Market by Resin Type
9.1.5.3.2 US Fluoropolymer Coatings Market by Application Sector
9.2. EUROPE
9.2.1 Europe Fluoropolymer Coatings Market Overview
9.2.2 Europe Fluoropolymer Coatings Market Forecasts and Analysis
9.2.3 Europe Fluoropolymer Coatings Market Forecasts and Analysis - By Resin Type
9.2.4 Europe Fluoropolymer Coatings Market Forecasts and Analysis - By Application Sector
9.2.5 Europe Fluoropolymer Coatings Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Fluoropolymer Coatings Market
9.2.5.1.1 Germany Fluoropolymer Coatings Market by Resin Type
9.2.5.1.2 Germany Fluoropolymer Coatings Market by Application Sector
9.2.5.2 France Fluoropolymer Coatings Market
9.2.5.2.1 France Fluoropolymer Coatings Market by Resin Type
9.2.5.2.2 France Fluoropolymer Coatings Market by Application Sector
9.2.5.3 Italy Fluoropolymer Coatings Market
9.2.5.3.1 Italy Fluoropolymer Coatings Market by Resin Type
9.2.5.3.2 Italy Fluoropolymer Coatings Market by Application Sector
9.2.5.4 United Kingdom Fluoropolymer Coatings Market
9.2.5.4.1 United Kingdom Fluoropolymer Coatings Market by Resin Type
9.2.5.4.2 United Kingdom Fluoropolymer Coatings Market by Application Sector
9.2.5.5 Russia Fluoropolymer Coatings Market
9.2.5.5.1 Russia Fluoropolymer Coatings Market by Resin Type
9.2.5.5.2 Russia Fluoropolymer Coatings Market by Application Sector
9.2.5.6 Rest of Europe Fluoropolymer Coatings Market
9.2.5.6.1 Rest of Europe Fluoropolymer Coatings Market by Resin Type
9.2.5.6.2 Rest of Europe Fluoropolymer Coatings Market by Application Sector
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Fluoropolymer Coatings Market Overview
9.3.2 Asia-Pacific Fluoropolymer Coatings Market Forecasts and Analysis
9.3.3 Asia-Pacific Fluoropolymer Coatings Market Forecasts and Analysis - By Resin Type
9.3.4 Asia-Pacific Fluoropolymer Coatings Market Forecasts and Analysis - By Application Sector
9.3.5 Asia-Pacific Fluoropolymer Coatings Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Fluoropolymer Coatings Market
9.3.5.1.1 Australia Fluoropolymer Coatings Market by Resin Type
9.3.5.1.2 Australia Fluoropolymer Coatings Market by Application Sector
9.3.5.2 China Fluoropolymer Coatings Market
9.3.5.2.1 China Fluoropolymer Coatings Market by Resin Type
9.3.5.2.2 China Fluoropolymer Coatings Market by Application Sector
9.3.5.3 India Fluoropolymer Coatings Market
9.3.5.3.1 India Fluoropolymer Coatings Market by Resin Type
9.3.5.3.2 India Fluoropolymer Coatings Market by Application Sector
9.3.5.4 Japan Fluoropolymer Coatings Market
9.3.5.4.1 Japan Fluoropolymer Coatings Market by Resin Type
9.3.5.4.2 Japan Fluoropolymer Coatings Market by Application Sector
9.3.5.5 South Korea Fluoropolymer Coatings Market
9.3.5.5.1 South Korea Fluoropolymer Coatings Market by Resin Type
9.3.5.5.2 South Korea Fluoropolymer Coatings Market by Application Sector
9.3.5.6 Rest of Asia-Pacific Fluoropolymer Coatings Market
9.3.5.6.1 Rest of Asia-Pacific Fluoropolymer Coatings Market by Resin Type
9.3.5.6.2 Rest of Asia-Pacific Fluoropolymer Coatings Market by Application Sector
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Fluoropolymer Coatings Market Overview
9.4.2 Middle East and Africa Fluoropolymer Coatings Market Forecasts and Analysis
9.4.3 Middle East and Africa Fluoropolymer Coatings Market Forecasts and Analysis - By Resin Type
9.4.4 Middle East and Africa Fluoropolymer Coatings Market Forecasts and Analysis - By Application Sector
9.4.5 Middle East and Africa Fluoropolymer Coatings Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Fluoropolymer Coatings Market
9.4.5.1.1 South Africa Fluoropolymer Coatings Market by Resin Type
9.4.5.1.2 South Africa Fluoropolymer Coatings Market by Application Sector
9.4.5.2 Saudi Arabia Fluoropolymer Coatings Market
9.4.5.2.1 Saudi Arabia Fluoropolymer Coatings Market by Resin Type
9.4.5.2.2 Saudi Arabia Fluoropolymer Coatings Market by Application Sector
9.4.5.3 U.A.E Fluoropolymer Coatings Market
9.4.5.3.1 U.A.E Fluoropolymer Coatings Market by Resin Type
9.4.5.3.2 U.A.E Fluoropolymer Coatings Market by Application Sector
9.4.5.4 Rest of Middle East and Africa Fluoropolymer Coatings Market
9.4.5.4.1 Rest of Middle East and Africa Fluoropolymer Coatings Market by Resin Type
9.4.5.4.2 Rest of Middle East and Africa Fluoropolymer Coatings Market by Application Sector
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Fluoropolymer Coatings Market Overview
9.5.2 South and Central America Fluoropolymer Coatings Market Forecasts and Analysis
9.5.3 South and Central America Fluoropolymer Coatings Market Forecasts and Analysis - By Resin Type
9.5.4 South and Central America Fluoropolymer Coatings Market Forecasts and Analysis - By Application Sector
9.5.5 South and Central America Fluoropolymer Coatings Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Fluoropolymer Coatings Market
9.5.5.1.1 Brazil Fluoropolymer Coatings Market by Resin Type
9.5.5.1.2 Brazil Fluoropolymer Coatings Market by Application Sector
9.5.5.2 Argentina Fluoropolymer Coatings Market
9.5.5.2.1 Argentina Fluoropolymer Coatings Market by Resin Type
9.5.5.2.2 Argentina Fluoropolymer Coatings Market by Application Sector
9.5.5.3 Rest of South and Central America Fluoropolymer Coatings Market
9.5.5.3.1 Rest of South and Central America Fluoropolymer Coatings Market by Resin Type
9.5.5.3.2 Rest of South and Central America Fluoropolymer Coatings Market by Application Sector
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. FLUOROPOLYMER COATINGS MARKET, KEY COMPANY PROFILES
11.1. AKZONOBEL N.V.
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. DAIKIN INDUSTRIES LTD.
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. PPG INDUSTRIES INC.
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. PRAXAIR SURFACE TECHNOLOGIES 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. TNEMEC COMPANY INC.
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. AXALTA COATING SYSTEMS LLC.
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. WALTER WURDACK INC.
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. THE CHEMOURS COMPANY
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. WHITFORD CORPORATION
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. KANSAI PAINTS CO. LTD.
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
1.Akzonobel N.V.
2.Daikin Industries Ltd.
3.PPG Industries Inc.
4.Praxair Surface Technologies Inc.
5.Tnemec Company Inc.
6.Axalta Coating Systems LLC.
7.Walter Wurdack Inc.
8.The Chemours Company
9.Whitford Corporation
10.Kansai Paints Co. Ltd.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- 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.
- 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:
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.
- 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.
- 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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