Composite Rebars Market Growth, Key Strategies, Trends, and Forecast by 2031

Coverage: Composite Rebars Market covers analysis by Product Type (Glass Fiber Reinforced Polymer Rebar (GFRP Rebar), Carbon Fiber Reinforced Polymer Rebar (CFRP Rebar), Basalt Fiber Reinforced Polymer Rebar (BFRP Rebar), Others); Application (Tunneling, Mining, Road Construction, Seawalls, Buildings, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00009455
  • Category : Chemicals and Materials
  • No. of Pages : 150
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Composite Rebars Market Report - (Growth and Size by 2031)

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The Composite Rebars Market is expected to register a CAGR of 11% from 2024 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

The report is segmented by Product Type [Glass Fiber Reinforced Polymer Rebar (GFRP Rebar), Carbon Fiber Reinforced Polymer Rebar (CFRP Rebar), Aramid Fiber Reinforced Polymer Rebar (AFRP), and Others]. The report is also segmented by Application (Tunneling, Mining, Road Construction, Seawalls, Buildings, and Others). The report scope covers 5 regions: North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America and key countries under each region. The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.

Purpose of the Report

The report Composite Rebars 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.

Composite Rebars Market Segmentation

Product Type
  • Glass Fiber Reinforced Polymer Rebar
  • Carbon Fiber Reinforced Polymer Rebar
  • Aramid Fiber Reinforced Polymer Rebar
Application
  • Tunneling
  • Mining
  • Road Construction
  • Seawalls
  • Buildings

Strategic Insights

Composite Rebars Market Growth Drivers
  • Composite Rebar Market Growth Surge: The composite rebar market is growing significantly due to the increasing infrastructure development activities being witnessed around the world. Both governments and private sectors are making investments on large scale in highways, bridges and buildings all of which require materials that assure of strength and longevity. Composite rebars which are lightweight and resistant to corrosion have become highly embraced in such projects.Factors such as growing understanding regarding the shortcomings of normal steel rebars especially related to corrosion are driving the growth in demand for composite rebars. Fiberglass, carbon fiber and other composites are not affected by the harsh environment and therefore broadens the scope of use of such materials and even supports the selling of such materials.
  • Material advances boost composite rebar demand: Thanks to advancements that are being made in material science, more applications for composite rebar are emerging. The improvements in the manufacturing processes and the coming up of high performance composite materials are increasing the strength and utility of the rebars utilized in construction. This is in turn encouraging more construction works to incorporate composite solutions and hence the increasing demand.
Composite Rebars Market Future Trends
  • Eco-Friendly Growth in Construction: Construction industry is becoming conscious environmentally with the intention of utilizing composite materials which is driving the market growth. Towards the growth of the society and increasing awareness regarding the environment, composite rebars manufactured using recycled materials are preferred by the builders as these help in lowering the carbon footprints as well as provide more sustainable solutions for the construction activities.
  • Composite Rebars Driving Infrastructure: The composite rebar market is on the rise due to the increasing application of composite rebars in bridge and road infrastructure projects. This is because such high humidity environments require several unique characteristics; high strength, low weight, durability and most importantly corrosion resistance. As the pace of infrastructure growth gathers steam around the world, composite rebar is gaining fast acceptance.
  • Advancements in Composite Rebar Technology: The future of composite rebar market will be driven by advancements in the composite material technology. The strength of composite rebar is further increased, as well as the area of application broadened due to the introduction of new technologies, like better production technologies and high-performance fibers. More and more these attributes are appealing to the construction specialists and therefore broadening their possibilities of utilization.
Composite Rebars Market Opportunities
  • Urbanization and Infrastructure Development in Asia-Pacific: The composite rebar market can capitalize on its opportunities, especially in the countries of the Asia-Pacific region with emerging economies. Countries such as India and China are concurrently witnessing urbanization and infrastructure development which has consequently created a demand for construction materials that can withstand the test of time. As these countries move towards contemporary building, it can be predicted that composite rebars will fill in the void for solutions that are both sustainable and resilient.
  • Renewable Energy Infrastructure: There is also an increasing trend for the use of composite rebar in the renewable energy-based infrastructure such as wind or solar farms. These undertakings also deal with the use of materials that do not corrode when subjected to extreme weather conditions and prolonged use. Composite rebars are durable yet lightweight which helps fit the bill when it comes to the supporting structures of green energy applications.
  • Specialty Applications in Harsh Environments: Keeping the composite rebar market growth in view, its development is expected to incur a positive trend due to the integration of composite materials in various specialty applications such as underwater and in high chemical activity. Due to their corrosion resistance, they can be utilized in offshore facilities and in production facilities that emit aggressive chemicals, end users of which are capable of using only traditional materials. This is another relatively small but promising market for development.

Market Report Scope

Key Selling Points

  • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Composite Rebars 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 Composite Rebars 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

This text is related
to country scope.

Frequently Asked Questions


Based on geography, which region held the largest share of the composite rebar market?

Based on geography, Asia Pacific held the largest share of the composite rebar market.

Which are the leading players operating in the composite rebar market?

Pultron Composites, TUF-BAR, Owens Corning, Pultrall, Galen, Sireg USA, Pulwell Composites Co. Ltd, Armastek, Röchling, and Dextra Group are among the leading players operating in the composite rebar market.

What are the deliverable formats of the composite rebar market?

The report can be delivered in PDF/Word format, we can also share excel data sheet based on request.

What are the driving factors impacting the composite rebar market?

Increased infrastructural development and rising demand for corrosion-resistant materials is driving the market growth

What are the future trends of the composite rebar market?

Growing preference for sustainable materials is likely to remain the key trend in the market.

What is the expected CAGR of the Composite Rebars Market?

The Composite Rebars Market is estimated to witness a CAGR of 11% from 2023 to 2031

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 Composite Rebars Market - By Product Type
1.3.2 Composite Rebars Market - By Application
1.3.3 Composite Rebars Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. COMPOSITE REBARS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS

5. COMPOSITE REBARS 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. COMPOSITE REBARS MARKET - GLOBAL MARKET ANALYSIS
6.1. COMPOSITE REBARS - GLOBAL MARKET OVERVIEW
6.2. COMPOSITE REBARS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. COMPOSITE REBARS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. GLASS FIBER REINFORCED POLYMER REBAR (GFRP REBAR)
7.3.1. Overview
7.3.2. Glass Fiber Reinforced Polymer Rebar (GFRP Rebar) Market Forecast and Analysis
7.4. CARBON FIBER REINFORCED POLYMER REBAR (CFRP REBAR)
7.4.1. Overview
7.4.2. Carbon Fiber Reinforced Polymer Rebar (CFRP Rebar) Market Forecast and Analysis
7.5. BASALT FIBER REINFORCED POLYMER REBAR (BFRP REBAR)
7.5.1. Overview
7.5.2. Basalt Fiber Reinforced Polymer Rebar (BFRP Rebar) Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. COMPOSITE REBARS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. TUNNELING
8.3.1. Overview
8.3.2. Tunneling Market Forecast and Analysis
8.4. MINING
8.4.1. Overview
8.4.2. Mining Market Forecast and Analysis
8.5. ROAD CONSTRUCTION
8.5.1. Overview
8.5.2. Road Construction Market Forecast and Analysis
8.6. SEAWALLS
8.6.1. Overview
8.6.2. Seawalls Market Forecast and Analysis
8.7. BUILDINGS
8.7.1. Overview
8.7.2. Buildings Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis

9. COMPOSITE REBARS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Composite Rebars Market Overview
9.1.2 North America Composite Rebars Market Forecasts and Analysis
9.1.3 North America Composite Rebars Market Forecasts and Analysis - By Product Type
9.1.4 North America Composite Rebars Market Forecasts and Analysis - By Application
9.1.5 North America Composite Rebars Market Forecasts and Analysis - By Countries
9.1.5.1 United States Composite Rebars Market
9.1.5.1.1 United States Composite Rebars Market by Product Type
9.1.5.1.2 United States Composite Rebars Market by Application
9.1.5.2 Canada Composite Rebars Market
9.1.5.2.1 Canada Composite Rebars Market by Product Type
9.1.5.2.2 Canada Composite Rebars Market by Application
9.1.5.3 Mexico Composite Rebars Market
9.1.5.3.1 Mexico Composite Rebars Market by Product Type
9.1.5.3.2 Mexico Composite Rebars Market by Application
9.2. EUROPE
9.2.1 Europe Composite Rebars Market Overview
9.2.2 Europe Composite Rebars Market Forecasts and Analysis
9.2.3 Europe Composite Rebars Market Forecasts and Analysis - By Product Type
9.2.4 Europe Composite Rebars Market Forecasts and Analysis - By Application
9.2.5 Europe Composite Rebars Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Composite Rebars Market
9.2.5.1.1 Germany Composite Rebars Market by Product Type
9.2.5.1.2 Germany Composite Rebars Market by Application
9.2.5.2 France Composite Rebars Market
9.2.5.2.1 France Composite Rebars Market by Product Type
9.2.5.2.2 France Composite Rebars Market by Application
9.2.5.3 Italy Composite Rebars Market
9.2.5.3.1 Italy Composite Rebars Market by Product Type
9.2.5.3.2 Italy Composite Rebars Market by Application
9.2.5.4 United Kingdom Composite Rebars Market
9.2.5.4.1 United Kingdom Composite Rebars Market by Product Type
9.2.5.4.2 United Kingdom Composite Rebars Market by Application
9.2.5.5 Russia Composite Rebars Market
9.2.5.5.1 Russia Composite Rebars Market by Product Type
9.2.5.5.2 Russia Composite Rebars Market by Application
9.2.5.6 Rest of Europe Composite Rebars Market
9.2.5.6.1 Rest of Europe Composite Rebars Market by Product Type
9.2.5.6.2 Rest of Europe Composite Rebars Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Composite Rebars Market Overview
9.3.2 Asia-Pacific Composite Rebars Market Forecasts and Analysis
9.3.3 Asia-Pacific Composite Rebars Market Forecasts and Analysis - By Product Type
9.3.4 Asia-Pacific Composite Rebars Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Composite Rebars Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Composite Rebars Market
9.3.5.1.1 Australia Composite Rebars Market by Product Type
9.3.5.1.2 Australia Composite Rebars Market by Application
9.3.5.2 China Composite Rebars Market
9.3.5.2.1 China Composite Rebars Market by Product Type
9.3.5.2.2 China Composite Rebars Market by Application
9.3.5.3 India Composite Rebars Market
9.3.5.3.1 India Composite Rebars Market by Product Type
9.3.5.3.2 India Composite Rebars Market by Application
9.3.5.4 Japan Composite Rebars Market
9.3.5.4.1 Japan Composite Rebars Market by Product Type
9.3.5.4.2 Japan Composite Rebars Market by Application
9.3.5.5 South Korea Composite Rebars Market
9.3.5.5.1 South Korea Composite Rebars Market by Product Type
9.3.5.5.2 South Korea Composite Rebars Market by Application
9.3.5.6 Rest of Asia-Pacific Composite Rebars Market
9.3.5.6.1 Rest of Asia-Pacific Composite Rebars Market by Product Type
9.3.5.6.2 Rest of Asia-Pacific Composite Rebars Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Composite Rebars Market Overview
9.4.2 Middle East and Africa Composite Rebars Market Forecasts and Analysis
9.4.3 Middle East and Africa Composite Rebars Market Forecasts and Analysis - By Product Type
9.4.4 Middle East and Africa Composite Rebars Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Composite Rebars Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Composite Rebars Market
9.4.5.1.1 South Africa Composite Rebars Market by Product Type
9.4.5.1.2 South Africa Composite Rebars Market by Application
9.4.5.2 Saudi Arabia Composite Rebars Market
9.4.5.2.1 Saudi Arabia Composite Rebars Market by Product Type
9.4.5.2.2 Saudi Arabia Composite Rebars Market by Application
9.4.5.3 U.A.E Composite Rebars Market
9.4.5.3.1 U.A.E Composite Rebars Market by Product Type
9.4.5.3.2 U.A.E Composite Rebars Market by Application
9.4.5.4 Rest of Middle East and Africa Composite Rebars Market
9.4.5.4.1 Rest of Middle East and Africa Composite Rebars Market by Product Type
9.4.5.4.2 Rest of Middle East and Africa Composite Rebars Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Composite Rebars Market Overview
9.5.2 South and Central America Composite Rebars Market Forecasts and Analysis
9.5.3 South and Central America Composite Rebars Market Forecasts and Analysis - By Product Type
9.5.4 South and Central America Composite Rebars Market Forecasts and Analysis - By Application
9.5.5 South and Central America Composite Rebars Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Composite Rebars Market
9.5.5.1.1 Brazil Composite Rebars Market by Product Type
9.5.5.1.2 Brazil Composite Rebars Market by Application
9.5.5.2 Argentina Composite Rebars Market
9.5.5.2.1 Argentina Composite Rebars Market by Product Type
9.5.5.2.2 Argentina Composite Rebars Market by Application
9.5.5.3 Rest of South and Central America Composite Rebars Market
9.5.5.3.1 Rest of South and Central America Composite Rebars Market by Product Type
9.5.5.3.2 Rest of South and Central America Composite Rebars 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. COMPOSITE REBARS MARKET, KEY COMPANY PROFILES
11.1. BTG COMPOSITES INC.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. COMPOSITE REBAR TECHNOLOGIES, 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. CONCRETE PROTECTION PRODUCTS, INC.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. COTECH INC.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. DEXTRA GROUP
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. FIBROLUX GMBH
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. HUGHES BROTHERS INC.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. OLLEARIS SA
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. PULTRALL 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. TUF-BAR
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. BTG Composites Inc.
2. Composite Rebar Technologies, Inc.
3. Concrete Protection Products, Inc.
4. COTECH Inc.
5. Dextra Group
6. Fibrolux GmbH
7. Hughes Brothers Inc.
8. Ollearis SA
9. Pultrall Inc.
10. TUF-BAR

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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