Capillary Underfill Material Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Capillary Underfill Material Market covers analysis By Type (No Flow Underfill, Molded Underfill, Others); Application- (Land Grid Array (LGA), Ball Grid Array (BGA), Chip Scale Packaging (CSP), Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00028390
  • Category : Chemicals and Materials
  • No. of Pages : 150
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Capillary Underfill Material Market Insights and Growth by 2031

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The Capillary Underfill Material Market is expected to register a CAGR of 5% from 2023 to 2031, with a market size expanding from US$ XX Million in 2023 to US$ XX Million by 2031.

The report is segmented by type (epoxy, urethane-based and others). The report further presents analysis based on application (land grid array, ball grid array, chip scale packaging and others). The global analysis is further broken-down at regional level and major countries. The market size and forecast at global, regional, and country levels for all the key market segments are covered under the scope. The report offers the value in USD for the above analysis and segments. The report provides key statistics on the market status of the key market players and offers market trends and opportunities.

Purpose of the Report

The report Capillary Underfill Material Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Capillary Underfill Material Market Segmentation

Type
  • Epoxy
  • Urethane-Based and Others
Application
  • Land Grid Array
  • Ball Grid Array
  • Chip Scale Packaging and Others

Strategic Insights

Capillary Underfill Material Market Growth Drivers
  • Increasing Demand for Miniaturization in Electronics: The miniaturization trend in electronic devices is one of the main factors enabling growth in the capillary underfill material market. This is because, in the modern world, engineering manufacturers are facing the challenge of creating smaller, lighter, and high-performance electronic devices. Advanced packaging is needed, hence the increased use of capillary underfill materials that allow heat and mechanical stress to be throughout the designs. These materials are mostly used in devices such as mobile phones, tablets, and wearables that are made up of high-performance compact designs which require good thermal management.
  • Stimulating Growth of the Semiconductor Industry: Demand for semiconductors is increasing with the growing utilization of technologies like 5G, IoT, artificial intelligence, and so on. With this growth comes new challenges that include adopting advanced packaging solutions, particularly capillary underfill materials that enhance the performance and reliability of semiconductor devices. As various players start investing in manufacturing and packaging of semiconductors, the need for high-performance underfill materials is projected to grow.
  • Rise in Consumer Electronics and Automotive Electronics: With the rise of more sophisticated electronic components and devices, there is a growing need for reliability and performance. Underfill capillary materials are used to enhance semiconductor packages by shielding them from the deleterious effects of heat and force. The requirement for robust packaging systems capable of operating in adverse environments is aggravating the strain for progressive underfill materials especially for the automotive, aerospace and industrial sectors.
Capillary Underfill Material Market Future Trends
  • Increasing Use of Advanced Materials: The recent improvements in material design have brought about low viscosity capillary underfill materials. These materials are particularly useful in filling the areas between chip and substrate since they are able to flow quite easily thus eliminating the chances of having any voids. This addition improves the packaging reliability and provides better heat transmission performance which makes them suitable for these high density applications.
  • Surging Use of Nanotechnology: The nanotechnology is used for modifying even the gravure underfill materials. Nanoparticles allow one to improve thermal conductivity, as well as mechanical and electrical properties. Due to this progress, the manufacturers can also produce underfill materials which cope with the modern electronics requirements and beyond, providing better as well lighter thermal solutions.
  • Integration of Automation and Advanced Manufacturing Techniques: Due to the capabilities of automation, the manufacturing processes of capillary low viscosity underfill materials are undergoing fundamental changes. For example, automated dispensing systems and advanced curing technologies are already in place to enhance output and uniformity for production purposes. This approach decreases workforce expenditure while improving the standard and dependability of the end products to fulfill the ever-growing market needs for the semiconductors.
Capillary Underfill Material Market Opportunities
  • Expanding in Emerging Electronics Markets: There exists a vast potential for business in emerging markets, especially where there is an increase in the use of electronic devices. Most countries in the Asia-Pacific region, Some Latin American countries, together with some regions of Africa, show increased uptake of consumer electronics and therefore, advanced packaging technologies are needed. In this regard, manufacturers of capillary underfill materials should be able to increase their market share in these regions and work with local semiconductor companies.
  • Shift Towards Sustainability and Eco-friendly Products: There is a growing working environment in the market to come up with environmentally friendly capillary underfill materials and this is so because sustainability concerns, the consumer and the manufacturing process. Because of this, businesses are able to address the issues raised due to regulatory requirements and changing processes that try to make products less harmful to the environment.
  • Strategic Initiatives by Key Players: The aforementioned approaches imply that the manufacturers of capillary underfill materials can gain new perspectives by forming strategic alliances with semiconductor companies and research centers. Through already established direct communication lines and partnerships with end-users, customers, or specific markets, the producers can work to deliver the developed product to arrive at market demands. Such joint ventures could promote new business activities by providing access to additional markets and distribution networks in the capillary underfill material business.

Market Report Scope

Key Selling Points

  • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Capillary Underfill Material Market, providing a holistic landscape.
  • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
  • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
  • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

The research report on the Capillary Underfill Material Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.

REGIONAL FRAMEWORK
World Geography

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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

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to country scope.

Frequently Asked Questions


What is the expected CAGR of the Capillary Underfill Material Market?

The Capillary Underfill Material Market is estimated to witness a CAGR of 5% from 2023 to 2031

What are the driving factors impacting the capillary underfill material market?

Increasing demand for miniaturization in electronics is driving the market growth

What are the key players operating in the capillary underfill material market?

Henkel Adhesives Technologies; HB Fuller Company; Nordson Corporation; Masterbond Inc; Parker Hannifin Corp are some of the key players operating in the capric acid market

Which is the fastest growing segment based on type?

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

Based on geography, which region held the largest share of the capillary underfill material market?

Based on geography, North America held the largest share of the capillary underfill material market due to growth in the semiconductor and electronics industry

What is the future trend for capillary underfill material market?

Development of low-viscosity underfill material is expected to be the key market trends

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 Capillary Underfill Material Market - By Type
1.3.2 Capillary Underfill Material Market - By Application-
1.3.3 Capillary Underfill Material Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. CAPILLARY UNDERFILL MATERIAL MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS

5. CAPILLARY UNDERFILL MATERIAL 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. CAPILLARY UNDERFILL MATERIAL MARKET - GLOBAL MARKET ANALYSIS
6.1. CAPILLARY UNDERFILL MATERIAL - GLOBAL MARKET OVERVIEW
6.2. CAPILLARY UNDERFILL MATERIAL - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. CAPILLARY UNDERFILL MATERIAL MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. NO FLOW UNDERFILL
7.3.1. Overview
7.3.2. No Flow Underfill Market Forecast and Analysis
7.4. MOLDED UNDERFILL
7.4.1. Overview
7.4.2. Molded Underfill Market Forecast and Analysis
7.5. OTHERS
7.5.1. Overview
7.5.2. Others Market Forecast and Analysis
8. CAPILLARY UNDERFILL MATERIAL MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION-
8.1. OVERVIEW
8.2. APPLICATION- MARKET FORECASTS AND ANALYSIS
8.3. LAND GRID ARRAY (LGA)
8.3.1. Overview
8.3.2. Land Grid Array (LGA) Market Forecast and Analysis
8.4. BALL GRID ARRAY (BGA)
8.4.1. Overview
8.4.2. Ball Grid Array (BGA) Market Forecast and Analysis
8.5. CHIP SCALE PACKAGING (CSP)
8.5.1. Overview
8.5.2. Chip Scale Packaging (CSP) Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis

9. CAPILLARY UNDERFILL MATERIAL MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Capillary Underfill Material Market Overview
9.1.2 North America Capillary Underfill Material Market Forecasts and Analysis
9.1.3 North America Capillary Underfill Material Market Forecasts and Analysis - By Type
9.1.4 North America Capillary Underfill Material Market Forecasts and Analysis - By Application-
9.1.5 North America Capillary Underfill Material Market Forecasts and Analysis - By Countries
9.1.5.1 Canada Capillary Underfill Material Market
9.1.5.1.1 Canada Capillary Underfill Material Market by Type
9.1.5.1.2 Canada Capillary Underfill Material Market by Application-
9.1.5.2 Mexico Capillary Underfill Material Market
9.1.5.2.1 Mexico Capillary Underfill Material Market by Type
9.1.5.2.2 Mexico Capillary Underfill Material Market by Application-
9.1.5.3 US Capillary Underfill Material Market
9.1.5.3.1 US Capillary Underfill Material Market by Type
9.1.5.3.2 US Capillary Underfill Material Market by Application-
9.2. EUROPE
9.2.1 Europe Capillary Underfill Material Market Overview
9.2.2 Europe Capillary Underfill Material Market Forecasts and Analysis
9.2.3 Europe Capillary Underfill Material Market Forecasts and Analysis - By Type
9.2.4 Europe Capillary Underfill Material Market Forecasts and Analysis - By Application-
9.2.5 Europe Capillary Underfill Material Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Capillary Underfill Material Market
9.2.5.1.1 Germany Capillary Underfill Material Market by Type
9.2.5.1.2 Germany Capillary Underfill Material Market by Application-
9.2.5.2 France Capillary Underfill Material Market
9.2.5.2.1 France Capillary Underfill Material Market by Type
9.2.5.2.2 France Capillary Underfill Material Market by Application-
9.2.5.3 Italy Capillary Underfill Material Market
9.2.5.3.1 Italy Capillary Underfill Material Market by Type
9.2.5.3.2 Italy Capillary Underfill Material Market by Application-
9.2.5.4 United Kingdom Capillary Underfill Material Market
9.2.5.4.1 United Kingdom Capillary Underfill Material Market by Type
9.2.5.4.2 United Kingdom Capillary Underfill Material Market by Application-
9.2.5.5 Russia Capillary Underfill Material Market
9.2.5.5.1 Russia Capillary Underfill Material Market by Type
9.2.5.5.2 Russia Capillary Underfill Material Market by Application-
9.2.5.6 Rest of Europe Capillary Underfill Material Market
9.2.5.6.1 Rest of Europe Capillary Underfill Material Market by Type
9.2.5.6.2 Rest of Europe Capillary Underfill Material Market by Application-
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Capillary Underfill Material Market Overview
9.3.2 Asia-Pacific Capillary Underfill Material Market Forecasts and Analysis
9.3.3 Asia-Pacific Capillary Underfill Material Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Capillary Underfill Material Market Forecasts and Analysis - By Application-
9.3.5 Asia-Pacific Capillary Underfill Material Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Capillary Underfill Material Market
9.3.5.1.1 Australia Capillary Underfill Material Market by Type
9.3.5.1.2 Australia Capillary Underfill Material Market by Application-
9.3.5.2 China Capillary Underfill Material Market
9.3.5.2.1 China Capillary Underfill Material Market by Type
9.3.5.2.2 China Capillary Underfill Material Market by Application-
9.3.5.3 India Capillary Underfill Material Market
9.3.5.3.1 India Capillary Underfill Material Market by Type
9.3.5.3.2 India Capillary Underfill Material Market by Application-
9.3.5.4 Japan Capillary Underfill Material Market
9.3.5.4.1 Japan Capillary Underfill Material Market by Type
9.3.5.4.2 Japan Capillary Underfill Material Market by Application-
9.3.5.5 South Korea Capillary Underfill Material Market
9.3.5.5.1 South Korea Capillary Underfill Material Market by Type
9.3.5.5.2 South Korea Capillary Underfill Material Market by Application-
9.3.5.6 Rest of Asia-Pacific Capillary Underfill Material Market
9.3.5.6.1 Rest of Asia-Pacific Capillary Underfill Material Market by Type
9.3.5.6.2 Rest of Asia-Pacific Capillary Underfill Material Market by Application-
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Capillary Underfill Material Market Overview
9.4.2 Middle East and Africa Capillary Underfill Material Market Forecasts and Analysis
9.4.3 Middle East and Africa Capillary Underfill Material Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Capillary Underfill Material Market Forecasts and Analysis - By Application-
9.4.5 Middle East and Africa Capillary Underfill Material Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Capillary Underfill Material Market
9.4.5.1.1 South Africa Capillary Underfill Material Market by Type
9.4.5.1.2 South Africa Capillary Underfill Material Market by Application-
9.4.5.2 Saudi Arabia Capillary Underfill Material Market
9.4.5.2.1 Saudi Arabia Capillary Underfill Material Market by Type
9.4.5.2.2 Saudi Arabia Capillary Underfill Material Market by Application-
9.4.5.3 U.A.E Capillary Underfill Material Market
9.4.5.3.1 U.A.E Capillary Underfill Material Market by Type
9.4.5.3.2 U.A.E Capillary Underfill Material Market by Application-
9.4.5.4 Rest of Middle East and Africa Capillary Underfill Material Market
9.4.5.4.1 Rest of Middle East and Africa Capillary Underfill Material Market by Type
9.4.5.4.2 Rest of Middle East and Africa Capillary Underfill Material Market by Application-
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Capillary Underfill Material Market Overview
9.5.2 South and Central America Capillary Underfill Material Market Forecasts and Analysis
9.5.3 South and Central America Capillary Underfill Material Market Forecasts and Analysis - By Type
9.5.4 South and Central America Capillary Underfill Material Market Forecasts and Analysis - By Application-
9.5.5 South and Central America Capillary Underfill Material Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Capillary Underfill Material Market
9.5.5.1.1 Brazil Capillary Underfill Material Market by Type
9.5.5.1.2 Brazil Capillary Underfill Material Market by Application-
9.5.5.2 Argentina Capillary Underfill Material Market
9.5.5.2.1 Argentina Capillary Underfill Material Market by Type
9.5.5.2.2 Argentina Capillary Underfill Material Market by Application-
9.5.5.3 Rest of South and Central America Capillary Underfill Material Market
9.5.5.3.1 Rest of South and Central America Capillary Underfill Material Market by Type
9.5.5.3.2 Rest of South and Central America Capillary Underfill Material 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. CAPILLARY UNDERFILL MATERIAL MARKET, KEY COMPANY PROFILES
11.1. NAMICS CORPORATION
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. EPOXY TECHNOLOGY, INC
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. YINCAE ADVANCED MATERIAL, LLC
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. HENKEL AG AND CO. KGAA
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. ZYMET
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. PANASONIC CORPORATION
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. CAPLINQ CORPORATION
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. NAGASE AND CO., LTD.
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. ELEMENT SOLUTIONS INC
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. PARKER HANNIFIN CORP
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.NAMICS CORPORATION
2.EPOXY TECHNOLOGY, INC
3.Yincae Advanced Material, LLC
4.Henkel AG and Co. KGaA
5.Zymet
6.Panasonic Corporation
7.CAPLINQ Corporation
8.NAGASE and CO., LTD.
9.Element Solutions Inc
10.Parker Hannifin Corp

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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

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