Acrylic Fibers Market Strategies and Share 2031
Fiber is a natural or synthetic substance which is greater in length as compared to its breadth. The fibers are often used to produce different materials. Fibers that contain a minimum of eighty-five percent of acrylonitrile in their chemical structure are termed as acrylic fibers. They are almost as same as wool. Acrylic fiber is soft, warm, & lightweight and thus are easily washable and possess excellent dimensional stability. These fibers demonstrate high resistance to sunlight & chemical reactions, excellent color fastness and can be dyed with brilliant colors.
Market Dynamics
Rapidly changing demographics and climatic conditions lead to an increase in the demand of the apparel industry, which in turn drives the growth of the acrylic fibers market. The application of acrylic fibers in household furnishing also fuels the growth of the market. However, the fluctuations in the prices of raw materials and easy availability of substitutes restrict the fruitful development of the acrylic fibers market. Acrylic fibers softens the yarns and increases their durability, thus its use in blended fabrics is expected to bode well the growth of acrylic fibers market in the years to come.
Market Scope
The "Global Acrylic Fibers Market Analysis to 2031" is a specialized and in-depth study of the chemical and material industry with a special focus on the global market trend analysis. The report aims to provide an overview of the acrylic fibers market with detailed market segmentation by form, blending, end use industry and geography. The global acrylic fibers market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading acrylic fibers players and offers key trends and opportunities in the market.
Market Segmentation
The global acrylic fibers market is segmented on the basis of form, blending, end use industry and geography. On the basis of form the market classify into staple fiber and filament fiber. The market on the basis of bleending is broken into wool, cotton, cellulose, resins and others. As per end use industry the market is segmented into apparel, house furnishing, industrial and others.
REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The acrylic fibers 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 acrylic fibers 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 acrylic fibers 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 market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The acrylic fibers 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 acrylic fibers 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 acrylic fibers market in these regions.
MARKET PLAYERSThe reports cover key developments in the acrylic fibers 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 acrylic fibers market are anticipated to lucrative growth opportunities in the future with the rising demand for acrylic fibers in the global market. Below mentioned is the list of few companies engaged in the acrylic fibers market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the acrylic fibers 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.
- Aksa Akrilik Kimya Sanayii A.S.
- Dralon GmbH
- Indian Acrylics Ltd.
- Jilin Qifeng Chemical Fiber Co. Ltd.
- Kaltex S.A.de C.V.
- Pasupati Acrylon Limited
- Polymir
- Sinopec Corporation
- Taekwang Industrial Co. Ltd.
- Thai Acrylic Fiber Company Limited
- 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
1.3.1Acrylic Fibers Market - By Form
1.3.2Acrylic Fibers Market - By Blending
1.3.3Acrylic Fibers Market - By End use industry
1.3.4Acrylic Fibers Market - By Region
1.3.4.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.ACRYLIC FIBERS MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.EXPERT OPINIONS
5.ACRYLIC FIBERS 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.ACRYLIC FIBERS MARKET - GLOBAL MARKET ANALYSIS
6.1.ACRYLIC FIBERS - GLOBAL MARKET OVERVIEW
6.2.ACRYLIC FIBERS - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.ACRYLIC FIBERS MARKET - REVENUE AND FORECASTS TO 2028 - FORM
7.1.OVERVIEW
7.2.FORM MARKET FORECASTS AND ANALYSIS
7.3.STAPLE FIBER
7.3.1.Overview
7.3.2.Staple Fiber Market Forecast and Analysis
7.4.FILAMENT FIBER
7.4.1.Overview
7.4.2.Filament Fiber Market Forecast and Analysis
8.ACRYLIC FIBERS MARKET - REVENUE AND FORECASTS TO 2028 - BLENDING
8.1.OVERVIEW
8.2.BLENDING MARKET FORECASTS AND ANALYSIS
8.3.WOOL
8.3.1.Overview
8.3.2.Wool Market Forecast and Analysis
8.4.COTTON
8.4.1.Overview
8.4.2.Cotton Market Forecast and Analysis
8.5.CELLULOSE
8.5.1.Overview
8.5.2.Cellulose Market Forecast and Analysis
8.6.RAYON
8.6.1.Overview
8.6.2.Rayon Market Forecast and Analysis
8.7.OTHERS
8.7.1.Overview
8.7.2.Others Market Forecast and Analysis
9.ACRYLIC FIBERS MARKET - REVENUE AND FORECASTS TO 2028 - END USE INDUSTRY
9.1.OVERVIEW
9.2.END USE INDUSTRY MARKET FORECASTS AND ANALYSIS
9.3.APPAREL
9.3.1.Overview
9.3.2.Apparel Market Forecast and Analysis
9.4.HOUSEHOLD FURNISHING
9.4.1.Overview
9.4.2.Household Furnishing Market Forecast and Analysis
9.5.INDUSTRIAL
9.5.1.Overview
9.5.2.Industrial Market Forecast and Analysis
9.6.OTHERS
9.6.1.Overview
9.6.2.Others Market Forecast and Analysis
10.ACRYLIC FIBERS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1.NORTH AMERICA
10.1.1North America Acrylic Fibers Market Overview
10.1.2North America Acrylic Fibers Market Forecasts and Analysis
10.1.3North America Acrylic Fibers Market Forecasts and Analysis - By Form
10.1.4North America Acrylic Fibers Market Forecasts and Analysis - By Blending
10.1.5North America Acrylic Fibers Market Forecasts and Analysis - By End use industry
10.1.6North America Acrylic Fibers Market Forecasts and Analysis - By Countries
10.1.6.1Canada Acrylic Fibers Market
10.1.6.1.1Canada Acrylic Fibers Market by Form
10.1.6.1.2Canada Acrylic Fibers Market by Blending
10.1.6.1.3Canada Acrylic Fibers Market by End use industry
10.1.6.2Mexico Acrylic Fibers Market
10.1.6.2.1Mexico Acrylic Fibers Market by Form
10.1.6.2.2Mexico Acrylic Fibers Market by Blending
10.1.6.2.3Mexico Acrylic Fibers Market by End use industry
10.1.6.3US Acrylic Fibers Market
10.1.6.3.1US Acrylic Fibers Market by Form
10.1.6.3.2US Acrylic Fibers Market by Blending
10.1.6.3.3US Acrylic Fibers Market by End use industry
10.2.EUROPE
10.2.1Europe Acrylic Fibers Market Overview
10.2.2Europe Acrylic Fibers Market Forecasts and Analysis
10.2.3Europe Acrylic Fibers Market Forecasts and Analysis - By Form
10.2.4Europe Acrylic Fibers Market Forecasts and Analysis - By Blending
10.2.5Europe Acrylic Fibers Market Forecasts and Analysis - By End use industry
10.2.6Europe Acrylic Fibers Market Forecasts and Analysis - By Countries
10.2.6.1Germany Acrylic Fibers Market
10.2.6.1.1Germany Acrylic Fibers Market by Form
10.2.6.1.2Germany Acrylic Fibers Market by Blending
10.2.6.1.3Germany Acrylic Fibers Market by End use industry
10.2.6.2France Acrylic Fibers Market
10.2.6.2.1France Acrylic Fibers Market by Form
10.2.6.2.2France Acrylic Fibers Market by Blending
10.2.6.2.3France Acrylic Fibers Market by End use industry
10.2.6.3Italy Acrylic Fibers Market
10.2.6.3.1Italy Acrylic Fibers Market by Form
10.2.6.3.2Italy Acrylic Fibers Market by Blending
10.2.6.3.3Italy Acrylic Fibers Market by End use industry
10.2.6.4United Kingdom Acrylic Fibers Market
10.2.6.4.1United Kingdom Acrylic Fibers Market by Form
10.2.6.4.2United Kingdom Acrylic Fibers Market by Blending
10.2.6.4.3United Kingdom Acrylic Fibers Market by End use industry
10.2.6.5Russia Acrylic Fibers Market
10.2.6.5.1Russia Acrylic Fibers Market by Form
10.2.6.5.2Russia Acrylic Fibers Market by Blending
10.2.6.5.3Russia Acrylic Fibers Market by End use industry
10.2.6.6Rest of Europe Acrylic Fibers Market
10.2.6.6.1Rest of Europe Acrylic Fibers Market by Form
10.2.6.6.2Rest of Europe Acrylic Fibers Market by Blending
10.2.6.6.3Rest of Europe Acrylic Fibers Market by End use industry
10.3.ASIA-PACIFIC
10.3.1Asia-Pacific Acrylic Fibers Market Overview
10.3.2Asia-Pacific Acrylic Fibers Market Forecasts and Analysis
10.3.3Asia-Pacific Acrylic Fibers Market Forecasts and Analysis - By Form
10.3.4Asia-Pacific Acrylic Fibers Market Forecasts and Analysis - By Blending
10.3.5Asia-Pacific Acrylic Fibers Market Forecasts and Analysis - By End use industry
10.3.6Asia-Pacific Acrylic Fibers Market Forecasts and Analysis - By Countries
10.3.6.1Australia Acrylic Fibers Market
10.3.6.1.1Australia Acrylic Fibers Market by Form
10.3.6.1.2Australia Acrylic Fibers Market by Blending
10.3.6.1.3Australia Acrylic Fibers Market by End use industry
10.3.6.2China Acrylic Fibers Market
10.3.6.2.1China Acrylic Fibers Market by Form
10.3.6.2.2China Acrylic Fibers Market by Blending
10.3.6.2.3China Acrylic Fibers Market by End use industry
10.3.6.3India Acrylic Fibers Market
10.3.6.3.1India Acrylic Fibers Market by Form
10.3.6.3.2India Acrylic Fibers Market by Blending
10.3.6.3.3India Acrylic Fibers Market by End use industry
10.3.6.4Japan Acrylic Fibers Market
10.3.6.4.1Japan Acrylic Fibers Market by Form
10.3.6.4.2Japan Acrylic Fibers Market by Blending
10.3.6.4.3Japan Acrylic Fibers Market by End use industry
10.3.6.5South Korea Acrylic Fibers Market
10.3.6.5.1South Korea Acrylic Fibers Market by Form
10.3.6.5.2South Korea Acrylic Fibers Market by Blending
10.3.6.5.3South Korea Acrylic Fibers Market by End use industry
10.3.6.6Rest of Asia-Pacific Acrylic Fibers Market
10.3.6.6.1Rest of Asia-Pacific Acrylic Fibers Market by Form
10.3.6.6.2Rest of Asia-Pacific Acrylic Fibers Market by Blending
10.3.6.6.3Rest of Asia-Pacific Acrylic Fibers Market by End use industry
10.4.MIDDLE EAST AND AFRICA
10.4.1Middle East and Africa Acrylic Fibers Market Overview
10.4.2Middle East and Africa Acrylic Fibers Market Forecasts and Analysis
10.4.3Middle East and Africa Acrylic Fibers Market Forecasts and Analysis - By Form
10.4.4Middle East and Africa Acrylic Fibers Market Forecasts and Analysis - By Blending
10.4.5Middle East and Africa Acrylic Fibers Market Forecasts and Analysis - By End use industry
10.4.6Middle East and Africa Acrylic Fibers Market Forecasts and Analysis - By Countries
10.4.6.1South Africa Acrylic Fibers Market
10.4.6.1.1South Africa Acrylic Fibers Market by Form
10.4.6.1.2South Africa Acrylic Fibers Market by Blending
10.4.6.1.3South Africa Acrylic Fibers Market by End use industry
10.4.6.2Saudi Arabia Acrylic Fibers Market
10.4.6.2.1Saudi Arabia Acrylic Fibers Market by Form
10.4.6.2.2Saudi Arabia Acrylic Fibers Market by Blending
10.4.6.2.3Saudi Arabia Acrylic Fibers Market by End use industry
10.4.6.3U.A.E Acrylic Fibers Market
10.4.6.3.1U.A.E Acrylic Fibers Market by Form
10.4.6.3.2U.A.E Acrylic Fibers Market by Blending
10.4.6.3.3U.A.E Acrylic Fibers Market by End use industry
10.4.6.4Rest of Middle East and Africa Acrylic Fibers Market
10.4.6.4.1Rest of Middle East and Africa Acrylic Fibers Market by Form
10.4.6.4.2Rest of Middle East and Africa Acrylic Fibers Market by Blending
10.4.6.4.3Rest of Middle East and Africa Acrylic Fibers Market by End use industry
10.5.SOUTH AND CENTRAL AMERICA
10.5.1South and Central America Acrylic Fibers Market Overview
10.5.2South and Central America Acrylic Fibers Market Forecasts and Analysis
10.5.3South and Central America Acrylic Fibers Market Forecasts and Analysis - By Form
10.5.4South and Central America Acrylic Fibers Market Forecasts and Analysis - By Blending
10.5.5South and Central America Acrylic Fibers Market Forecasts and Analysis - By End use industry
10.5.6South and Central America Acrylic Fibers Market Forecasts and Analysis - By Countries
10.5.6.1Brazil Acrylic Fibers Market
10.5.6.1.1Brazil Acrylic Fibers Market by Form
10.5.6.1.2Brazil Acrylic Fibers Market by Blending
10.5.6.1.3Brazil Acrylic Fibers Market by End use industry
10.5.6.2Argentina Acrylic Fibers Market
10.5.6.2.1Argentina Acrylic Fibers Market by Form
10.5.6.2.2Argentina Acrylic Fibers Market by Blending
10.5.6.2.3Argentina Acrylic Fibers Market by End use industry
10.5.6.3Rest of South and Central America Acrylic Fibers Market
10.5.6.3.1Rest of South and Central America Acrylic Fibers Market by Form
10.5.6.3.2Rest of South and Central America Acrylic Fibers Market by Blending
10.5.6.3.3Rest of South and Central America Acrylic Fibers Market by End use industry
11.INDUSTRY LANDSCAPE
11.1.MERGERS AND ACQUISITIONS
11.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3.NEW PRODUCT LAUNCHES
11.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12.ACRYLIC FIBERS MARKET, KEY COMPANY PROFILES
12.1.AKSA AKRILIK KIMYA SANAYII A.S.
12.1.1.Key Facts
12.1.2.Business Description
12.1.3.Products and Services
12.1.4.Financial Overview
12.1.5.SWOT Analysis
12.1.6.Key Developments
12.2.DRALON GMBH
12.2.1.Key Facts
12.2.2.Business Description
12.2.3.Products and Services
12.2.4.Financial Overview
12.2.5.SWOT Analysis
12.2.6.Key Developments
12.3.INDIAN ACRYLICS LTD.
12.3.1.Key Facts
12.3.2.Business Description
12.3.3.Products and Services
12.3.4.Financial Overview
12.3.5.SWOT Analysis
12.3.6.Key Developments
12.4.JILIN QIFENG CHEMICAL FIBER CO. LTD.
12.4.1.Key Facts
12.4.2.Business Description
12.4.3.Products and Services
12.4.4.Financial Overview
12.4.5.SWOT Analysis
12.4.6.Key Developments
12.5.KALTEX S.A.DE C.V.
12.5.1.Key Facts
12.5.2.Business Description
12.5.3.Products and Services
12.5.4.Financial Overview
12.5.5.SWOT Analysis
12.5.6.Key Developments
12.6.PASUPATI ACRYLON LIMITED
12.6.1.Key Facts
12.6.2.Business Description
12.6.3.Products and Services
12.6.4.Financial Overview
12.6.5.SWOT Analysis
12.6.6.Key Developments
12.7.POLYMIR
12.7.1.Key Facts
12.7.2.Business Description
12.7.3.Products and Services
12.7.4.Financial Overview
12.7.5.SWOT Analysis
12.7.6.Key Developments
12.8.SINOPEC CORPORATION
12.8.1.Key Facts
12.8.2.Business Description
12.8.3.Products and Services
12.8.4.Financial Overview
12.8.5.SWOT Analysis
12.8.6.Key Developments
12.9.TAEKWANG INDUSTRIAL CO. LTD.
12.9.1.Key Facts
12.9.2.Business Description
12.9.3.Products and Services
12.9.4.Financial Overview
12.9.5.SWOT Analysis
12.9.6.Key Developments
12.10.THAI ACRYLIC FIBER COMPANY LIMITED
12.10.1.Key Facts
12.10.2.Business Description
12.10.3.Products and Services
12.10.4.Financial Overview
12.10.5.SWOT Analysis
12.10.6.Key Developments
13.APPENDIX
13.1.ABOUT THE INSIGHT PARTNERS
13.2.GLOSSARY OF TERMS
1.Aksa Akrilik Kimya Sanayii A.S.
2.Dralon GmbH
3.Indian Acrylics Ltd.
4.Jilin Qifeng Chemical Fiber Co. Ltd.
5.Kaltex S.A.de C.V.
6.Pasupati Acrylon Limited
7.Polymir
8.Sinopec Corporation
9.Taekwang Industrial Co. Ltd.
10.Thai Acrylic Fiber Company Limited
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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