Inorganic Metal Finishing Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Inorganic Metal Finishing Market covers analysis By Product Type (Pre-treatment/Surface Preparation, Inorganic Metal Finishing Process, Consumables and Spares, Others); Application (Automotive, Electrical and Electronics, Industrial, Hardware, Defense, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00023353
  • Category : Chemicals and Materials
  • Status : Upcoming
  • No. of Pages : 150
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MARKET OVERVIEW

Inorganic coatings encompass "surface conversion, enameling, metallic coatings, anodizing, and more". These coatings are created through a chemical action that changes the surface layer of metal into a metallic oxide film or compound to reduce corrosion. The treatments change the immediate surface layer of metal into a film of metallic oxide or compound which has better corrosion resistance than the natural oxide film and provides an effective base or key for supplementary protection such as paints. It is mostly used in automotive, electrical and electronics, industrial, hardware, defense.

MARKET SCOPE

The "Global Inorganic Metal Finishing 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 inorganic metal finishing market with detailed market segmentation by product type, application, and geography. The report provides key statistics on the market status of the leading inorganic metal finishing market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION


  •   Based on product type, the global inorganic metal finishing market is segmented into pre-treatment/surface preparation, inorganic metal finishing process, consumables and spares, and others.
  •   Based on application, the global inorganic metal finishing market is segmented into automotive, electrical and electronics, industrial, hardware, defense, and others.

MARKET DYNAMICS
Drivers:

  •   Increasing use of components that have inorganic metal finishing in a wide variety of applications.
  •   Increasing demand for electric vehicles, wear-resistant.
  •   The finishing technology offers high corrosion resistance and also increases the substrates durability.
  •   Rising R&D activities drive the inorganic metal finishing market.

Restraints

  •   Environmental restrictions on some metal finishing chemicals, and replacement of metal by high-performance plastics.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The inorganic metal finishing 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 market from both demand and supply side and further evaluates market dynamics affecting the marketduring 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 inorganic metal finishing market in these regions.

IMPACT OF COVID-19 ON INORGANIC METAL FINISHING MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The chemical & materials industry is one of the major industries suffering serious disruptions, such as supply chain breaks, technology events cancellations, and office shutdowns, as a result of this pandemic. The shutdown of various plants and factories in leading regions such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa has affected the global supply chain and negatively impacted the manufacturing, delivery schedules, and sales of various goods. Furthermore, various companies have already announced possible delays in product deliveries and slump in future sales of their products.

World Geography

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MARKET PLAYERS


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The inorganic metal finishing 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 market from both demand and supply side and further evaluates market dynamics affecting the marketduring 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 inorganic metal finishing market in these regions.

IMPACT OF COVID-19 ON INORGANIC METAL FINISHING MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The chemical & materials industry is one of the major industries suffering serious disruptions, such as supply chain breaks, technology events cancellations, and office shutdowns, as a result of this pandemic. The shutdown of various plants and factories in leading regions such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa has affected the global supply chain and negatively impacted the manufacturing, delivery schedules, and sales of various goods. Furthermore, various companies have already announced possible delays in product deliveries and slump in future sales of their products.

MARKET PLAYERS

The report covers key developments in the inorganic metal finishing 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 marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from inorganic metal finishing market are anticipated to lucrative growth opportunities in the future with the rising demand for inorganic metal finishing in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the inorganic metal finishing 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.

  •   Abakan Inc
  •   Metal Finishing Technologies LLC
  •   Sequa Corporation
  •   Industrial Metal Finishing
  •   TIB Chemicals AG
  •   Elementis Plc
  •   Rockwood Holdings
  •   Honeywell International
  •   Atotech Deutschland GmbH
  •   Vanchem Performance Chemicals
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
  • 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
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.

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 Inorganic Metal Finishing Market - By Product Type
1.3.2 Inorganic Metal Finishing Market - By Application
1.3.3 Inorganic Metal Finishing Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. INORGANIC METAL FINISHING 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. INORGANIC METAL FINISHING 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. INORGANIC METAL FINISHING MARKET - GLOBAL MARKET ANALYSIS
6.1. INORGANIC METAL FINISHING - GLOBAL MARKET OVERVIEW
6.2. INORGANIC METAL FINISHING - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING

7. INORGANIC METAL FINISHING MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. PRE-TREATMENT/SURFACE PREPARATION
7.3.1. Overview
7.3.2. Pre-treatment/Surface Preparation Market Forecast and Analysis
7.4. INORGANIC METAL FINISHING PROCESS
7.4.1. Overview
7.4.2. Inorganic Metal Finishing Process Market Forecast and Analysis
7.5. CONSUMABLES AND SPARES
7.5.1. Overview
7.5.2. Consumables and Spares Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. INORGANIC METAL FINISHING MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. AUTOMOTIVE
8.3.1. Overview
8.3.2. Automotive Market Forecast and Analysis
8.4. ELECTRICAL AND ELECTRONICS
8.4.1. Overview
8.4.2. Electrical and Electronics Market Forecast and Analysis
8.5. INDUSTRIAL
8.5.1. Overview
8.5.2. Industrial Market Forecast and Analysis
8.6. HARDWARE
8.6.1. Overview
8.6.2. Hardware Market Forecast and Analysis
8.7. DEFENSE
8.7.1. Overview
8.7.2. Defense Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis

9. INORGANIC METAL FINISHING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Inorganic Metal Finishing Market Overview
9.1.2 North America Inorganic Metal Finishing Market Forecasts and Analysis
9.1.3 North America Inorganic Metal Finishing Market Forecasts and Analysis - By Product Type
9.1.4 North America Inorganic Metal Finishing Market Forecasts and Analysis - By Application
9.1.5 North America Inorganic Metal Finishing Market Forecasts and Analysis - By Countries
9.1.5.1 United States Inorganic Metal Finishing Market
9.1.5.1.1 United States Inorganic Metal Finishing Market by Product Type
9.1.5.1.2 United States Inorganic Metal Finishing Market by Application
9.1.5.2 Canada Inorganic Metal Finishing Market
9.1.5.2.1 Canada Inorganic Metal Finishing Market by Product Type
9.1.5.2.2 Canada Inorganic Metal Finishing Market by Application
9.1.5.3 Mexico Inorganic Metal Finishing Market
9.1.5.3.1 Mexico Inorganic Metal Finishing Market by Product Type
9.1.5.3.2 Mexico Inorganic Metal Finishing Market by Application
9.2. EUROPE
9.2.1 Europe Inorganic Metal Finishing Market Overview
9.2.2 Europe Inorganic Metal Finishing Market Forecasts and Analysis
9.2.3 Europe Inorganic Metal Finishing Market Forecasts and Analysis - By Product Type
9.2.4 Europe Inorganic Metal Finishing Market Forecasts and Analysis - By Application
9.2.5 Europe Inorganic Metal Finishing Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Inorganic Metal Finishing Market
9.2.5.1.1 Germany Inorganic Metal Finishing Market by Product Type
9.2.5.1.2 Germany Inorganic Metal Finishing Market by Application
9.2.5.2 France Inorganic Metal Finishing Market
9.2.5.2.1 France Inorganic Metal Finishing Market by Product Type
9.2.5.2.2 France Inorganic Metal Finishing Market by Application
9.2.5.3 Italy Inorganic Metal Finishing Market
9.2.5.3.1 Italy Inorganic Metal Finishing Market by Product Type
9.2.5.3.2 Italy Inorganic Metal Finishing Market by Application
9.2.5.4 United Kingdom Inorganic Metal Finishing Market
9.2.5.4.1 United Kingdom Inorganic Metal Finishing Market by Product Type
9.2.5.4.2 United Kingdom Inorganic Metal Finishing Market by Application
9.2.5.5 Russia Inorganic Metal Finishing Market
9.2.5.5.1 Russia Inorganic Metal Finishing Market by Product Type
9.2.5.5.2 Russia Inorganic Metal Finishing Market by Application
9.2.5.6 Rest of Europe Inorganic Metal Finishing Market
9.2.5.6.1 Rest of Europe Inorganic Metal Finishing Market by Product Type
9.2.5.6.2 Rest of Europe Inorganic Metal Finishing Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Inorganic Metal Finishing Market Overview
9.3.2 Asia-Pacific Inorganic Metal Finishing Market Forecasts and Analysis
9.3.3 Asia-Pacific Inorganic Metal Finishing Market Forecasts and Analysis - By Product Type
9.3.4 Asia-Pacific Inorganic Metal Finishing Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Inorganic Metal Finishing Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Inorganic Metal Finishing Market
9.3.5.1.1 Australia Inorganic Metal Finishing Market by Product Type
9.3.5.1.2 Australia Inorganic Metal Finishing Market by Application
9.3.5.2 China Inorganic Metal Finishing Market
9.3.5.2.1 China Inorganic Metal Finishing Market by Product Type
9.3.5.2.2 China Inorganic Metal Finishing Market by Application
9.3.5.3 India Inorganic Metal Finishing Market
9.3.5.3.1 India Inorganic Metal Finishing Market by Product Type
9.3.5.3.2 India Inorganic Metal Finishing Market by Application
9.3.5.4 Japan Inorganic Metal Finishing Market
9.3.5.4.1 Japan Inorganic Metal Finishing Market by Product Type
9.3.5.4.2 Japan Inorganic Metal Finishing Market by Application
9.3.5.5 South Korea Inorganic Metal Finishing Market
9.3.5.5.1 South Korea Inorganic Metal Finishing Market by Product Type
9.3.5.5.2 South Korea Inorganic Metal Finishing Market by Application
9.3.5.6 Rest of Asia-Pacific Inorganic Metal Finishing Market
9.3.5.6.1 Rest of Asia-Pacific Inorganic Metal Finishing Market by Product Type
9.3.5.6.2 Rest of Asia-Pacific Inorganic Metal Finishing Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Inorganic Metal Finishing Market Overview
9.4.2 Middle East and Africa Inorganic Metal Finishing Market Forecasts and Analysis
9.4.3 Middle East and Africa Inorganic Metal Finishing Market Forecasts and Analysis - By Product Type
9.4.4 Middle East and Africa Inorganic Metal Finishing Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Inorganic Metal Finishing Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Inorganic Metal Finishing Market
9.4.5.1.1 South Africa Inorganic Metal Finishing Market by Product Type
9.4.5.1.2 South Africa Inorganic Metal Finishing Market by Application
9.4.5.2 Saudi Arabia Inorganic Metal Finishing Market
9.4.5.2.1 Saudi Arabia Inorganic Metal Finishing Market by Product Type
9.4.5.2.2 Saudi Arabia Inorganic Metal Finishing Market by Application
9.4.5.3 U.A.E Inorganic Metal Finishing Market
9.4.5.3.1 U.A.E Inorganic Metal Finishing Market by Product Type
9.4.5.3.2 U.A.E Inorganic Metal Finishing Market by Application
9.4.5.4 Rest of Middle East and Africa Inorganic Metal Finishing Market
9.4.5.4.1 Rest of Middle East and Africa Inorganic Metal Finishing Market by Product Type
9.4.5.4.2 Rest of Middle East and Africa Inorganic Metal Finishing Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Inorganic Metal Finishing Market Overview
9.5.2 South and Central America Inorganic Metal Finishing Market Forecasts and Analysis
9.5.3 South and Central America Inorganic Metal Finishing Market Forecasts and Analysis - By Product Type
9.5.4 South and Central America Inorganic Metal Finishing Market Forecasts and Analysis - By Application
9.5.5 South and Central America Inorganic Metal Finishing Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Inorganic Metal Finishing Market
9.5.5.1.1 Brazil Inorganic Metal Finishing Market by Product Type
9.5.5.1.2 Brazil Inorganic Metal Finishing Market by Application
9.5.5.2 Argentina Inorganic Metal Finishing Market
9.5.5.2.1 Argentina Inorganic Metal Finishing Market by Product Type
9.5.5.2.2 Argentina Inorganic Metal Finishing Market by Application
9.5.5.3 Rest of South and Central America Inorganic Metal Finishing Market
9.5.5.3.1 Rest of South and Central America Inorganic Metal Finishing Market by Product Type
9.5.5.3.2 Rest of South and Central America Inorganic Metal Finishing 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. INORGANIC METAL FINISHING MARKET, KEY COMPANY PROFILES
11.1. ABAKAN INC
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. METAL FINISHING TECHNOLOGIES LLC
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. SEQUA CORPORATION
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. INDUSTRIAL METAL FINISHING
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. TIB CHEMICALS AG
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. ELEMENTIS PLC
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. ROCKWOOD HOLDINGS
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. HONEYWELL INTERNATIONAL
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. ATOTECH DEUTSCHLAND GMBH
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. VANCHEM PERFORMANCE CHEMICALS
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
The List of Companies

1. Abakan Inc
2. Metal Finishing Technologies LLC
3. Sequa Corporation
4. Industrial Metal Finishing
5. TIB Chemicals AG
6. Elementis Plc
7. Rockwood Holdings
8. Honeywell International
9. Atotech Deutschland GmbH
10. Vanchem Performance Chemicals

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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