The tow prepreg market was valued at US$ 577.15 million in 2019 and is projected to reach US$ 1,544.41 million by 2028; it is expected to grow at a CAGR of 11.7% from 2020 to 2028.
Tow prepregs are composed of glass fiber filament, carbon, and duro plastic resin which acts as a binding material. The expanding applications of tow prepregs across diversified industrial bases along with growing demand for lightweight and cost-efficient materials drive the growth of the tow prepreg market. Rapid urbanization coupled with economic growth and significant investment in research and development activities are also expected to promote the demand for tow prepregs during the forecast period.
Asia Pacific is expected to become the fastest growing market in the global tow prepreg market in forecast period. The market growth tow prepreg in this region is primarily attributed to the presence of strong industrial base along with prominent manufactures significantly contributing to market growth. Further, the growth of automotive and transportation industry backed by the shift in living standards and high growth potential in China, India, and other such economies are significantly propelling the demand for tow prepreg. The rising foreign direct investments along with increasing manufacturing spending toward better product offerings offer lucrative opportunities for the market growth in Asia Pacific. The upsurge in the middle-class population along with growth in urbanization provides drives the growth of the tow prepreg market. The Asia Pacific manufacturing sector is rapidly adopting the innovative accelerators that include advanced technologies and processes. The easy accessibility and availability of raw materials, cheap labor, and low production cost accelerate the market growth in the region.
The COVID-19 has adversely affecting economies and industries in various countries due to government-imposed lockdowns, travel bans, and business shutdowns. The chemical & materials is one of the major industries suffering serious disruptions such as supply chain breaks, technology events cancellations, and office shutdowns. The shutdown of various plants and factories in North America, Europe, Asia Pacific, South America, and the Middle East and Africa has restricted the global supply chain and negatively impacted the manufacturing activities, delivery schedules, and product sales. Furthermore, various companies have already predicted possible delays in product deliveries and slump in future sales of their products. The travel bans imposed by countries in Europe, Asia, and North America are hindering the business collaborations and partnerships opportunities. All these factors are hampering the activities in the chemical & materials industry, which are restraining the growth of various markets related to this industry. Many countries are now resuming to normalcy, whereas many are experiencing second wave of the outbreak. In addition, due to vaccination drives, situations are changing now across the globe.
Geographic Overview of Tow Prepreg Market
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Market Insights
Surge in Demand for Lightweight and Cost-Efficient Materials
The demand for lightweight materials with high tensile strength is on the rise among several sectors, including automotive and transportation, aerospace, marine, and construction. The use of lightweight materials has a direct impact on the overall dynamics and structure of the components in which they are used. Tow Prepreg is one such compound material, which is preimpregnated with resin to increase its productivity and eliminate the use of resin coating. It is known to possess good elasticity, high dimensional stability, excellent mechanical and electrical properties, and strength. Lightweight nature and cost-efficiency make tow prepreg an ideal component across several application bases. The demand for tow prepreg compounds has considerably increased across various industries, owing to rise in advancements and innovations in these industries. Weight, along with strength, has become a significant factor for the performance of a vehicle. For instance, a slight reduction in the weight can improve the performance of a vehicle. This has offered a great opportunity for the growth of the tow prepreg market in global scenario. Composites have become a core strategic material for automotive and transportation Original Equipment Manufacturers (OEMs), as well as aerospace components. Moreover, the growing preference toward cost-effective composite materials in price-sensitive industries has motivated the prepreggers to adopt less costly but energy-intensive fiber precursors such as tow prepreg. All such factors are expected to boost the demand for tow prepreg.
Fiber Type Insights
The global Tow Prepreg market, by fiber type, is segmented into carbon, glass, and others. Carbon fiber tow is a thread utilized to weave carbon fiber fabrics. The carbon fiber tow prepreg is highly demanded from the end-use industries such as automotive & transportation, aerospace & defense, and sports & recreational sectors. This fiber has the highest strength modulus than the other fiber types. This tow prepreg also possesses high tensile strength & elastic modulus. Companies such as ENEOS Corporation are manufacturing and selling carbon fiber composite materials. Combining the independently developed resins along with pitch-fiber type & PAN-fiber type carbon fibers as well as the customer-requested fibers, including glass fibers & engineering plastic fibers, the company develops tow prepregs according to the needs of the customers.
Resin Type Insights
The global Tow Prepreg market, by resin type, is segmented into epoxy, phenolic and others. The epoxy segment led the market with the largest share in 2019. Epoxy compounds or glycidyl compounds comprise glycidyl esters, diglycidyl esters, and glycidyl amines as other fiber types of epoxy compounds, which are known as reactive diluents and are further added to basic resins to adjust performance features. Amongst various fiber types of epoxy resins produced, the diglycidyl ether of bisphenol-A (DGEBPA)-fiber type resins have gained prominence acceptance owing to their versatility. Epoxy possesses a robust structural length and a strong binding factor, which makes it a widely applicable element for filling up voids between the parts. An epoxy is composed of two parts that must be mixed approximately. Epoxies are available in various squeezing styles and different sizes. Different epoxies have multiple functions such as protective covering, filling, and mending. The function of the epoxy resin is to provide a strong binding characteristic to the epoxy tow prepreg composites. In addition, epoxy resin provides high tensile strength, wettability, high chemical and environmental resistance, strong adhesion, and better electrical properties.
End-Use Industry Insights
The global tow prepreg market, by end-use industry, is segmented into aerospace and defense, automotive and transportation, sports and recreational, oil and gas, and others. The aerospace and defense segment led the market with the largest share in 2019. A composite material typically consists of relatively strong and stiff fibers in a tough resin matrix. Innovative lightweight structures, along with highly complex aircraft components, are made of modern lightweight materials such as carbon fiber tow prepreg. Compared with conventional production technologies for various composite materials, this hybrid material also processes technology that obtains short cycle times, functional integration, optimum material usage, high freedom of design, and less rework. To produce the cabin, cargo, and other aircraft components, a direct implementation of metallic elements, including inserts, and the use of this composite can be realized. Furthermore, this process technology can be fully automated to yield an increased economic efficiency. Current composite aircraft interior components often use glass fiber/phenolic sandwich construction, characterized by low buy-to-fly material usage, high cycle times, and extensive rework/finishing.
Tow prepreg market, by End-Use Industry – 2019 and 2028
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Tow Prepreg Market: Strategic Insights
Market Size Value in US$ 577.15 Million in 2019 Market Size Value by US$ 1,544.41 Million by 2028 Growth rate CAGR of 11.7% from 2020-2028 Forecast Period 2020-2028 Base Year 2020
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Tow Prepreg Market: Strategic Insights
| Market Size Value in | US$ 577.15 Million in 2019 |
| Market Size Value by | US$ 1,544.41 Million by 2028 |
| Growth rate | CAGR of 11.7% from 2020-2028 |
| Forecast Period | 2020-2028 |
| Base Year | 2020 |
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A few key players operating in the global tow prepreg market are Mitsubishi Chemical Corporation; Hexcel Corporation.; Teijin Limited; Toray Industries Inc.; and SGL Carbon. Major market players are focused on strategies such as mergers and acquisitions, and product launches to increase their geographical presence and consumer base globally. For instance, in 2020, Mitsubishi Chemical Corporation announced the acquisition of a German Carbon Fiber Prepreg Manufacturer, c-m-p GmbH, which has excellent production technology of unidirectional/fabric prepreg and offers solutions to several markets, especially in the automotive and aerospace areas. By this acquisition, Mitsubishi Chemical Corporation will have prepreg factories in Europe, the US, and Japan.
Report Spotlights
- Progressive industry trends in the global tow prepreg market to help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the market from 2017 to 2028
- Estimation of the demand for tow prepregs across various industries
- PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict market growth
- Recent developments to understand the competitive market scenario and the demand for tow prepregs.
- Market trends and outlook coupled with factors driving and restraining the growth of the tow prepreg market.
- Decision-making process by understanding strategies that underpin commercial interest with regard to global tow prepreg market growth
- Tow prepreg market size at various nodes of market
- Detailed overview and segmentation of the global tow prepreg market as well as its dynamics in the industry
- Tow Prepreg market size in various regions with promising growth opportunities
Tow Prepreg Market, by Fiber Type
- Carbon
- Glass
- Others
Tow Prepreg Market, by Resin Type
- Epoxy
- Phenolic
- Others
Tow Prepreg Market, by End-Use Industry
- Aerospace and Defense
- Automotive and Transportation
- Sports and Recreational
- Oil and Gas
- Others
Company Profiles
- Arisawa Manufacturing Co., Ltd.
- Mitsubishi Chemical Corporation
- Red Composites Ltd
- SGL Carbon
- TCR Composites, Inc.
- Teijin Limited
- ENEOS Corporation
- HEXCEL CORPORATION
- PORCHER INDUSTRIES
- TORAY INDUSTRIES, INC.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Fiber Type , Resin Type , and End-Use Industry
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The major players operating in the global tow prepreg market are Arisawa Manufacturing CO., LTD.; Eneos Corporation; Hexcel Corporation; Mitsubishi Chemical Corporation; Porcher Industries; Red Composites LTD; SGL Carbon; TCR Composites, Inc.; Teijin Limited; Toray Industries, Inc. among many others.
Asia Pacific is expected to fastest growing market in the global tow prepregs market in forecasted period. The growth of the tow prepregs market in this region is primarily attributed to the presence of strong industrial base along with prominent manufactures significantly contributing to market growth. Further, the growth of automotive and transportation industry backed by shift in living standards and high growth potential in China, India, and other such economies, which are significantly contributing to surge in demand for tow prepregs. The region encompasses an ample amount of opportunities for the growth of the market attributable to the rise in foreign direct investments along with rise in manufacturing spending towards better product offerings. The upsurge in the middle-class population along with growth in urbanization provides impetus for the growth of the tow prepregs market. The Asia Pacific manufacturing sector is rapidly adopting the innovation accelerators that include advanced technologies and processes. The easy accessibility and availability of raw materials coupled with cheap labor and low production cost are yet another factor that bode well the market demand in the region.
The automotive and transportation industry segment is the fastest growing segment in the global tow prepregs market for the forecasted period. The growth of the segment is attributable to surging demand of improved materials with environment friendliness and cost-efficiency. With the expansion in the automotive and transportation industry, the demand for prepregs is set to rise. For instance, companies such as Ford Motor Co. are deploying the use of prepregs and other materials to produce rear suspension knuckle. Hence, with the rise in demand for prepregs, manufacturers have come up better form of precursors such as tow prepreg and others. These fiber precursors are preferred over other traditional materials owing to their properties such as tensile strength along with limited curing time, uniformity and consistency, lightweight, better friction, and others, which make them ideal to be used across various applications in automotive and transportation industry. Moreover, they can ideally be used to suit the dynamic requirements of the processing industry.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Tow Prepreg Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 SAM
4.3 Expert Opinion
5. Tow Prepreg Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growth of Automotive and transportation Industry
5.1.2 Surge in Demand for Lightweight and Cost-Efficient Materials
5.2 Market Restraints
5.2.1 High Cost of Carbon Fiber and Other Such Raw Materials
5.3 Market Opportunities
5.3.1 Rising Demand for Tow Prepregs from Diverse Application Bases
5.4 Future Trends
5.4.1 Significant Research and Technological Developments in Tow Prepeg Industry
5.5 Impact Analysis of Drivers and Restraints
6. Tow Prepreg – Global Market Analysis
6.1 Tow Prepreg Market Overview
6.2 Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
6.3 Market Positioning – Global Market Players
7. Tow Prepreg Market Analysis – By Fiber type
7.1 Overview
7.2 Tow Prepreg Market, By Fiber type (2019 and 2028)
7.3 Carbon
7.3.1 Overview
7.3.2 Carbon: Tow Prepreg Market – Revenue and Forecast to 2028 (US$ Mn)
7.4 Glass
7.4.1 Overview
7.4.2 Glass: Tow Prepreg Market – Revenue and Forecast to 2028 (US$ Mn)
7.5 Others
7.5.1 Overview
7.5.2 Others: Tow Prepreg Market – Revenue and Forecast to 2028 (US$ Mn)
8. Tow Prepreg Market Analysis – By Resin Type
8.1 Overview
8.2 Tow Prepreg Market, By Resin type (2019 and 2028)
8.3 Epoxy
8.3.1 Overview
8.3.2 Epoxy: Tow Prepreg Market – Revenue and Forecast to 2028 (US$ Mn)
8.4 Phenolic
8.4.1 Overview
8.4.2 Phenolic: Tow Prepreg Market – Revenue and Forecast to 2028 (US$ Mn)
8.5 Others
8.5.1 Overview
8.5.2 Others: Tow Prepreg Market – Revenue and Forecast to 2028 (US$ Mn)
9. Tow Prepreg Market Analysis – By End-Use Industry
9.1 Overview
9.2 Tow Prepreg Market, By End-Use Industry (2019 and 2028)
9.3 Aerospace and Defense
9.3.1 Overview
9.3.2 Aerospace and Defense: Tow prepreg Market – Revenue and Forecast to 2028 (US$ Mn)
9.4 Automotive and Transportation
9.4.1 Overview
9.4.2 Automotive and Transportation: Tow Prepreg Market – Revenue and Forecast to 2028 (US$ Mn)
9.5 Sports and Recreational
9.5.1 Overview
9.5.2 Sports and Recreational: Tow Prepreg Market – Revenue and Forecast to 2028 (US$ Mn)
9.6 Oil and Gas
9.6.1 Overview
9.6.2 Oil and Gas: Tow Prepreg Market – Revenue and Forecast to 2028 (US$ Mn)
9.7 Others
9.7.1 Overview
9.7.2 Others: Tow Prepreg Market – Revenue and Forecast to 2028 (US$ Mn)
10. Tow Prepreg Market – Geographic Analysis
10.1 Overview
10.2 North America: Tow Prepreg Market
10.2.1 North America: Tow Prepreg Market –Revenue and Forecast to 2028(US$ Million)
10.2.2 North America: Tow Prepreg Market, Fiber Type
10.2.3 North America: Tow Prepreg Market, Resin Type
10.2.4 North America: Tow Prepreg Market, End-Use Industry
10.2.5 North America: Tow Prepreg Market, by Key Country
10.2.5.1 US: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
10.2.5.1.1 US: Tow Prepreg Market, Fiber Type
10.2.5.1.2 US: Tow Prepreg Market, Resin Type
10.2.5.1.3 US: Tow Prepreg Market, End-Use Industry
10.2.5.2 Canada: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
10.2.5.2.1 Canada: Tow Prepreg Market, Fiber Type
10.2.5.2.2 Canada: Tow Prepreg Market, Resin Type
10.2.5.2.3 Canada: Tow Prepreg Market, End-Use Industry
10.2.5.3 Mexico: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
10.2.5.3.1 Mexico: Tow Prepreg Market, Fiber Type
10.2.5.3.2 Mexico: Tow Prepreg Market, Resin Type
10.2.5.3.3 Mexico: Tow Prepreg Market, End-Use Industry
10.3 Europe: Tow Prepreg Market
10.3.1 Europe: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
10.3.2 Europe: Tow Prepreg Market, Fiber Type
10.3.3 Europe: Tow Prepreg Market, Resin Type
10.3.4 Europe: Tow Prepreg Market, End-Use Industry
10.3.5 Europe: Tow Prepreg Market, by Key Country
10.3.5.1 Germany: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
10.3.5.1.1 Germany: Tow Prepreg Market, Fiber Type
10.3.5.1.2 Germany: Tow Prepreg Market, Resin Type
10.3.5.1.3 Germany: Tow Prepreg Market, End-Use Industry
10.3.5.2 France: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
10.3.5.2.1 France: Tow Prepreg Market, Fiber Type
10.3.5.2.2 France: Tow Prepreg Market, Resin Type
10.3.5.2.3 France: Tow Prepreg Market, End-Use Industry
10.3.5.3 Italy: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
10.3.5.3.1 Italy: Tow Prepreg Market, Fiber Type
10.3.5.3.2 Italy: Tow Prepreg Market, Resin Type
10.3.5.3.3 Italy: Tow Prepreg Market, End-Use Industry
10.3.5.4 UK: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
10.3.5.4.1 UK: Tow Prepreg Market, Fiber Type
10.3.5.4.2 UK: Tow Prepreg Market, Resin Type
10.3.5.4.3 UK: Tow Prepreg Market, End-Use Industry
10.3.5.5 Rest of Europe: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
10.3.5.5.1 Rest of Europe: Tow Prepreg Market, Fiber Type
10.3.5.5.2 Rest of Europe: Tow Prepreg Market, Resin Type
10.3.5.5.3 Rest of Europe: Tow Prepreg Market, End-Use Industry
10.4 Asia Pacific: Tow Prepreg Market
10.4.1 Asia Pacific: Tow Prepreg Market – Revenue and Forecast to 2028(US$ Million)
10.4.2 Asia Pacific: Tow Prepreg Market, Fiber Type
10.4.3 Asia Pacific: Tow Prepreg Market, Resin Type
10.4.4 Asia Pacific: Tow Prepreg Market, End-Use Industry
10.4.5 Asia Pacific: Tow Prepreg Market, by Key Country
10.4.5.1 China: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.1.1 China: Tow Prepreg Market, Fiber Type
10.4.5.1.2 China: Tow Prepreg Market, Resin Type
10.4.5.1.3 China: Tow Prepreg Market, End-Use Industry
10.4.5.2 Australia: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.2.1 Australia: Tow Prepreg Market, Fiber Type
10.4.5.2.2 Australia: Tow Prepreg Market, Resin Type
10.4.5.2.3 Australia: Tow Prepreg Market, End-Use Industry
10.4.5.3 Japan: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.3.1 Japan: Tow Prepreg Market, Fiber Type
10.4.5.3.2 Japan: Tow Prepreg Market, Resin Type
10.4.5.3.3 Japan: Tow Prepreg Market, End-Use Industry
10.4.5.4 India: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.4.1 India: Tow Prepreg Market, Resin Type
10.4.5.4.2 India: Tow Prepreg Market, Fiber Type
10.4.5.4.3 India: Tow Prepreg Market, End-Use Industry
10.4.5.5 South Korea: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.5.1 South Korea: Tow Prepreg Market, Fiber Type
10.4.5.5.2 South Korea: Tow Prepreg Market, Resin Type
10.4.5.5.3 South Korea: Tow Prepreg Market, End-Use Industry
10.4.5.6 Rest of Asia Pacific: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
10.4.5.6.1 Rest of Asia Pacific: Tow Prepreg Market, Fiber Type
10.4.5.6.2 Rest of Asia Pacific: Tow Prepreg Market, Resin Type
10.4.5.6.3 Rest of Asia Pacific: Tow Prepreg Market, End-Use Industry
10.5 MEA: Tow Prepreg Market
10.5.1 MEA: Tow Prepreg Market – Revenue and Forecast to 2028(US$ Million)
10.5.2 MEA: Tow Prepreg Market, Fiber Type
10.5.3 MEA: Tow Prepreg Market, Resin Type
10.5.4 MEA: Tow Prepreg Market, End-Use Industry
10.5.5 MEA: Tow Prepreg Market, by Key Country
10.5.5.1 South Africa: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
10.5.5.1.1 South Africa: Tow Prepreg Market, Fiber Type
10.5.5.1.2 South Africa: Tow Prepreg Market, Resin Type
10.5.5.1.3 South Africa: Tow Prepreg Market, End-Use Industry
10.5.5.2 Saudi Arabia: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
10.5.5.2.1 Saudi Arabia: Tow Prepreg Market, Fiber Type
10.5.5.2.2 Saudi Arabia: Tow Prepreg Market, Resin Type
10.5.5.2.3 Saudi Arabia: Tow Prepreg Market, End-Use Industry
10.5.5.3 UAE: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
10.5.5.3.1 UAE: Tow Prepreg Market, Fiber Type
10.5.5.3.2 UAE: Tow Prepreg Market, Resin Type
10.5.5.3.3 UAE: Tow Prepreg Market, End-Use Industry
10.5.5.4 Rest of MEA: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
10.5.5.4.1 Rest of MEA: Tow Prepreg Market, Fiber Type
10.5.5.4.2 Rest of MEA: Tow Prepreg Market, Resin Type
10.5.5.4.3 Rest of MEA: Tow Prepreg Market, End-Use Industry
10.6 South America: Tow Prepreg Market
10.6.1 South: Tow Prepreg Market –Revenue and Forecast to 2028(US$ Million)
10.6.2 South America: Tow Prepreg Market, by Fiber Type
10.6.3 South America: Tow Prepreg Market, by Resin Type
10.6.4 South America: Tow Prepreg Market, by End-Use Industry
10.6.5 South America: Tow Prepreg Market, by Key Country
10.6.5.1 Brazil: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
10.6.5.1.1 Brazil: Tow Prepreg Market, by Fiber Type
10.6.5.1.2 Brazil: Tow Prepreg Market, by Resin Type
10.6.5.1.3 Brazil: Tow Prepreg Market, by End-Use Industry
10.6.5.2 Argentina: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
10.6.5.2.1 Argentina: Tow Prepreg Market, by Fiber Type
10.6.5.2.2 Argentina: Tow Prepreg Market, by Resin Type
10.6.5.2.3 Argentina: Tow Prepreg Market, by End-Use Industry
10.6.5.3 Rest of South America: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
10.6.5.3.1 Rest of South America: Tow Prepreg Market, by Fiber Type
10.6.5.3.2 Rest of South America: Tow Prepreg Market, by Resin Type
10.6.5.3.3 Rest of South America: Tow Prepreg Market, by End-Use Industry
11. Impact of COVID-19 Pandemic on Global Tow Prepregs Market
11.1 Overview
11.2 Impact of COVID-19 on Tow Prepeg Market
11.3 North America: Impact Assessment of COVID-19 Pandemic
11.4 Europe: Impact Assessment of COVID-19 Pandemic
11.5 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
11.6 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
11.7 South America: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Product News
12.2 Mergers and Acquisitions
12.3 Market Initiatives
13. Company Profiles
13.1 Arisawa Manufacturing Co., Ltd.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Mitsubishi Chemical Corporation
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Red Composites Ltd
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 SGL Carbon
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 TCR Composites, Inc.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Teijin Limited
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 ENEOS Corporation
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 HEXCEL CORPORATION
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 PORCHER INDUSTRIES
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 TORAY INDUSTRIES, INC.
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. North America Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)
Table 3. North America Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)
Table 4. North America Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)
Table 5. US Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)
Table 6. US Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)
Table 7. US Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)
Table 8. Canada Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)
Table 9. Canada Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)
Table 10. Canada Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)
Table 11. Mexico Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)
Table 12. Mexico Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)
Table 13. Mexico Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)
Table 14. Europe Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)
Table 15. Europe Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)
Table 16. Europe Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)
Table 17. Germany Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)
Table 18. Germany Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)
Table 19. Germany Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)
Table 20. France Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)
Table 21. France Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)
Table 22. France Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)
Table 23. Italy Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)
Table 24. Italy Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)
Table 25. Italy Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)
Table 26. UK Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)
Table 27. UK Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)
Table 28. UK Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)
Table 29. Rest of Europe Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)
Table 30. Rest of Europe Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)
Table 31. Rest of Europe Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)
Table 32. Asia Pacific Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)
Table 33. Asia Pacific Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)
Table 34. Asia Pacific Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)
Table 35. China Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)
Table 36. China Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)
Table 37. China Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)
Table 38. Australia Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)
Table 39. Australia Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)
Table 40. Australia Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)
Table 41. Japan Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)
Table 42. Japan Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)
Table 43. Japan Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)
Table 44. India Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)
Table 45. India Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)
Table 46. India Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)
Table 47. South Korea Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)
Table 48. South Korea Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)
Table 49. South Korea Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)
Table 50. Rest of APAC Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)
Table 51. Rest of APAC Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)
Table 52. Rest of APAC Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)
Table 53. MEA Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)
Table 54. MEA Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)
Table 55. MEA Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)
Table 56. South Africa Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)
Table 57. South Africa Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)
Table 58. South Africa Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)
Table 59. Saudi Arabia Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)
Table 60. Saudi Arabia Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)
Table 61. Saudi Arabia Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)
Table 62. UAE Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)
Table 63. UAE Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)
Table 64. UAE Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)
Table 65. Rest of MEA Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)
Table 66. Rest of MEA Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)
Table 67. Rest of MEA Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)
Table 68. SAM Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)
Table 69. AM Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)
Table 70. SAM Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)
Table 71. Brazil Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)
Table 72. Brazil Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)
Table 73. Brazil Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)
Table 74. Argentina Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)
Table 75. Argentina Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)
Table 76. Argentina Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)
Table 77. Rest of SAM Global Tow Prepreg Market, by Fiber Type – Revenue and Forecast to 2028 (USD Million)
Table 78. Rest of SAM Global Tow Prepreg Market, by Resin Type – Revenue and Forecast to 2028 (USD Million)
Table 79. Rest of SAM Global Tow Prepreg Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million)
Table 80. Glossary of Terms, Almond Flour Market
LIST OF FIGURES
Figure 1. Tow Prepreg Market Segmentation
Figure 2. Tow Prepreg Market Segmentation – By Geography
Figure 3. Global Tow Prepreg Market Overview
Figure 4. Automotive and transportation Industry is Fastest Growing Segment in Global Tow Prepreg Market
Figure 5. Asia Pacific Region Held Largest Share of Global Tow Prepreg Market
Figure 6. Global Tow Prepreg Market, Industry Landscape
Figure 7. North America PEST Analysis
Figure 8. Europe: PEST Analysis
Figure 9. APAC: PEST Analysis
Figure 10. MEA: PEST Analysis
Figure 11. SAM: PEST Analysis
Figure 12. Expert Opinion
Figure 13. Tow Prepeg Market Impact Analysis of Driver and Restraints
Figure 14. Geographic Overview of Tow Prepreg Market
Figure 15. Global: Tow Prepreg Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Tow Prepreg Market Revenue Share, By Fiber type (2019 and 2028)
Figure 17. Carbon: Tow Prepreg Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 18. Glass: Tow Prepreg Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 19. Others: Tow Prepreg Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 20. Tow Prepreg Market Revenue Share, By Resin type (2019 and 2028)
Figure 21. Epoxy: Tow Prepreg Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 22. Phenolic: Tow Prepreg Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 23. Others: Tow Prepreg Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 24. Tow Prepreg Market Revenue Share, By End-Use Industry (2019 and 2028)
Figure 25. Aerospace and Defense: Tow prepreg Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 26. Automotive and Transportation: Tow Prepreg Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 27. Sports and Recreational: Tow Prepreg Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 28. Oil and Gas: Tow Prepreg Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 29. Others: Tow Prepreg Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 30. Global Tow Prepreg Market Revenue Share, by Region (2019 and 2028)
Figure 31. North America: Tow Prepreg Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. North America: Tow Prepreg Market Revenue Share, Fiber Type (2019 and 2028)
Figure 33. North America: Tow Prepreg Market Revenue Share, Resin Type (2019 and 2028)
Figure 34. North America: Tow Prepreg Market Revenue Share, End-Use Industry (2019 and 2028)
Figure 35. North America: Tow prepreg Market Revenue Share, by Key Country (2019 and 2028)
Figure 36. US: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
Figure 37. Canada: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
Figure 38. Mexico: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
Figure 39. Europe: Tow Prepreg Market – Revenue and Forecast to 2028 (US$ Million)
Figure 40. Europe: Tow Prepreg Market Revenue Share, Fiber Type (2019 and 2028)
Figure 41. Europe: Tow Prepreg Market Revenue Share, Resin Type (2019 and 2028)
Figure 42. Europe: Tow Prepreg Market Revenue Share, End-Use Industry (2019 and 2028)
Figure 43. Europe: Tow Prepreg Market Revenue Share, by Key Country (2019 and 2028)
Figure 44. Germany: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
Figure 45. France: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
Figure 46. Italy: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
Figure 47. UK: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
Figure 48. Rest of Europe: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
Figure 49. Asia Pacific: Tow Prepreg Market – Revenue and Forecast to 2028 (US$ Million)
Figure 50. Asia Pacific: Tow Prepreg Market Revenue Share, Fiber Type (2019 and 2028)
Figure 51. Asia Pacific: Tow Prepreg Market Revenue Share, Resin Type (2019 and 2028)
Figure 52. Asia Pacific: Tow Prepreg Market Revenue Share, End-Use Industry (2019 and 2028)
Figure 53. Asia Pacific: Tow Prepreg Market Revenue Share, by Key Country (2019 and 2028)
Figure 54. China: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
Figure 55. Australia: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
Figure 56. Japan: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
Figure 57. India: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
Figure 58. South Korea: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
Figure 59. Rest of Asia Pacific: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
Figure 60. MEA: Tow Prepreg Market – Revenue and Forecast to 2028 (US$ Million)
Figure 61. MEA: Tow Prepreg Market Revenue Share, Fiber Type (2019 and 2028)
Figure 62. MEA: Tow Prepreg Market Revenue Share, Resin Type (2019 and 2028)
Figure 63. MEA: Tow Prepreg Market Revenue Share, End-Use Industry (2019 and 2028)
Figure 64. MEA: Tow Prepreg Market Revenue Share, by Key Country (2019 and 2028)
Figure 65. South Africa: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
Figure 66. Saudi Arabia: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
Figure 67. UAE: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
Figure 68. Rest of MEA: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
Figure 69. South America: Tow Prepreg Market – Revenue and Forecast to 2028 (US$ Million)
Figure 70. South America: Tow Prepreg Market Revenue Share, by Fiber Type (2019 and 2028)
Figure 71. South America: Tow Prepreg Market Revenue Share, by Resin Type (2019 and 2028)
Figure 72. South America: Tow Prepreg Market Revenue Share, by End-Use Industry (2019 and 2028)
Figure 73. North America: Tow Prepreg Market Revenue Share, by Key Country (2019 and 2028)
Figure 74. Brazil: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
Figure 75. Argentina: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
Figure 76. Rest of South America: Tow Prepreg Market –Revenue and Forecast to 2028 (US$ Million)
Figure 77. Impact of COVID-19 Pandemic in North American Country Markets
Figure 78. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 79. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 80. Impact of COVID-19 Pandemic in Middle East & Africa Country Markets
Figure 81. Impact of COVID-19 Pandemic in South America Country Markets
The List of Companies - Tow Prepreg Market
- Arisawa Manufacturing Co., Ltd.
- Mitsubishi Chemical Corporation
- Red Composites Ltd
- SGL Carbon
- TCR Composites, Inc.
- Teijin Limited
- ENEOS Corporation
- HEXCEL CORPORATION
- PORCHER INDUSTRIES
- TORAY INDUSTRIES, INC.
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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