The Concrete Sealers Market is expected to register a CAGR of 6.5% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by Material (Acrylic, Epoxy, Silicates, Siloxane, Others). The report is also segmented by Function (Penetration and Topical) and Application (Commercial, Residential, Industrial, 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 ReportThe report Concrete Sealers 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.
Concrete Sealers Market Segmentation
Material- Acrylic
- Epoxy
- Silicates
- Siloxane
- Penetration
- Topical
- Commercial
- Residential
- Industrial
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Strategic Insights
Concrete Sealers Market Growth Drivers- Construction Boom Driving Growth in Concrete Sealers Market: The rise in construction activity around the world is a key factor that is propelling the growth of the concrete sealers market. Rapid urbanization along with more infrastructure development means there is an increasing demand for coatings that improve both the aesthetics and the longevity of the concrete floor. This pattern is also exacerbated by the increasing interest in such materials among the do it yourself homeowners leading to increased sales of sealants.
- Industrialization and Infrastructure Development Supporting Concrete Sealers: A high degree of industrialization and the persistent development of infrastructure are both major factors supporting the concrete sealers market. Plant facilities always needed high-quality sealing to protect concrete from aggressive wear and environmental exposure. With government financing for infrastructure enhancement, the supply and demand for reliable sealers capable of maintaining a good performance of concrete works even after extensive use has grown.
- Growing Consumer Acceptance and Awareness of Concrete Sealers: There is increasing consumer acceptance for concrete sealers as a result of the understanding of the advantages they present – improved durability, water resistance, decorative aspects among others. The growing customer and business awareness on the benefits of using good quality sealers for maintenance and protection has been a major factor that has facilitated steady growth to the market that has in turn encouraged manufacturers to develop more products.
- Rising Demand for Eco-Friendly Concrete Sealers: The popularity of eco-friendly concrete sealers is on the rise as the awareness of the environmental aspects of construction materials and products increases among consumers. This has led to the formulations of water-based and low-VOC products by manufacturers in order to lessen the harmful effects to the environment. This trend conforms not only to the regulations in place but also satisfies the customers who want to build in an environmentally friendly manner, thus enhancing the market.
- Impact of Home Improvement Trends on Concrete Sealers Market: The increasing popularity of home improvement tasks is also greatly affecting the concrete sealers market. More and more, homeowners are choosing to seal the concrete themselves, which creates a demand for less complex products. This occurrence pushes the producers to develop products that are easy to seal thereby increasing their target market to involve the growing clear coat lacquer crafts market.
- Technological Innovations Enhancing Concrete Sealers: The concrete sealers market is also affected by the changes in technology with new technological changes in formulations improving the properties and performance of these materials. Applications of other products such as penetrating sealers and even hybrid versions are designed such that they are moisture and stain resistant. These changes not only elongate the lifespan of concrete surfaces but also draw consumers who are after quality sealing products.
- Growth Opportunities for Concrete Sealers in Developing Economies: The market for concrete sealers has plenty of growth prospect opportunities in the developing economies, where there is rapid urbanization with infrastructure developments taking place. As these areas turn to construction, the need for such effective sealing solutions increases. This is the opportunity, the companies should be introducing products that are localized and tailored for the specific market needs.
- Emerging Market for Smart Concrete Sealers: The opportunity exists in smart concrete sealers that are technologically advanced and increase the performance expectations of sealers. These products may also incorporate self- monitoring features which will relay moisture level and surface condition in real time. Such developments will appeal to the younger generation of customers and contractors who want advanced protection and care of surfaces.
- Demand for Decorative Concrete Sealers in Construction and Renovation: The ongoing trend towards an increase in the decorative aspects of construction activities and renovation works creates a market for concrete sealers that serve the purpose of visually enhancing the surface. A range of products that promise color enhancement, shine as well as decorative embellishments will be appealing to both the consumers and the designers alike. This lets the producers expand their range of products and promote it to a larger audience.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Concrete Sealers 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 Concrete Sealers 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.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- 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.
Frequently Asked Questions
Based on geography, Asia Pacific held the largest share of the concrete sealers market.
Increasing popularity of DIY home projects is likely to remain the key trend in the market.
BASF SE; Curecrete Distribution, Inc.; EPMAR Corporation; Evonik; Larsen Building Products; LATICRETE International, Inc; MAPEI S.p.A.; Nutech Paint; PROSOCO, INC.; W. R. Meadows, Inc. are among the leading players operating in the concrete sealers market.
The report can be delivered in PDF/Word format, we can also share excel data sheet based on request.
Heavy industrialization and development of infrastructure is driving the market growth
The Concrete Sealers Market is estimated to witness a CAGR of 6.5% from 2023 to 2031
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Concrete Sealers Market - By Material
1.3.2 Concrete Sealers Market - By Function
1.3.3 Concrete Sealers Market - By Application
1.3.4 Concrete Sealers Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. CONCRETE SEALERS 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. CONCRETE SEALERS 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. CONCRETE SEALERS MARKET - GLOBAL MARKET ANALYSIS
6.1. CONCRETE SEALERS - GLOBAL MARKET OVERVIEW
6.2. CONCRETE SEALERS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. CONCRETE SEALERS MARKET - REVENUE AND FORECASTS TO 2028 - MATERIAL
7.1. OVERVIEW
7.2. MATERIAL MARKET FORECASTS AND ANALYSIS
7.3. ACRYLIC
7.3.1. Overview
7.3.2. Acrylic Market Forecast and Analysis
7.4. EPOXY
7.4.1. Overview
7.4.2. Epoxy Market Forecast and Analysis
7.5. SILANE
7.5.1. Overview
7.5.2. Silane Market Forecast and Analysis
7.6. SILICATES
7.6.1. Overview
7.6.2. Silicates Market Forecast and Analysis
7.7. SILOXANE
7.7.1. Overview
7.7.2. Siloxane Market Forecast and Analysis
7.8. OTHER MATERIALS
7.8.1. Overview
7.8.2. Other Materials Market Forecast and Analysis
8. CONCRETE SEALERS MARKET - REVENUE AND FORECASTS TO 2028 - FUNCTION
8.1. OVERVIEW
8.2. FUNCTION MARKET FORECASTS AND ANALYSIS
8.3. PENETRATING
8.3.1. Overview
8.3.2. Penetrating Market Forecast and Analysis
8.4. TOPICAL
8.4.1. Overview
8.4.2. Topical Market Forecast and Analysis
9. CONCRETE SEALERS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. COMMERCIAL
9.3.1. Overview
9.3.2. Commercial Market Forecast and Analysis
9.4. INDUSTRIAL
9.4.1. Overview
9.4.2. Industrial Market Forecast and Analysis
9.5. RESIDENTIAL
9.5.1. Overview
9.5.2. Residential Market Forecast and Analysis
9.6. OTHER APPLICATIONS
9.6.1. Overview
9.6.2. Other Applications Market Forecast and Analysis
10. CONCRETE SEALERS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Concrete Sealers Market Overview
10.1.2 North America Concrete Sealers Market Forecasts and Analysis
10.1.3 North America Concrete Sealers Market Forecasts and Analysis - By Material
10.1.4 North America Concrete Sealers Market Forecasts and Analysis - By Function
10.1.5 North America Concrete Sealers Market Forecasts and Analysis - By Application
10.1.6 North America Concrete Sealers Market Forecasts and Analysis - By Countries
10.1.6.1 United States Concrete Sealers Market
10.1.6.1.1 United States Concrete Sealers Market by Material
10.1.6.1.2 United States Concrete Sealers Market by Function
10.1.6.1.3 United States Concrete Sealers Market by Application
10.1.6.2 Canada Concrete Sealers Market
10.1.6.2.1 Canada Concrete Sealers Market by Material
10.1.6.2.2 Canada Concrete Sealers Market by Function
10.1.6.2.3 Canada Concrete Sealers Market by Application
10.1.6.3 Mexico Concrete Sealers Market
10.1.6.3.1 Mexico Concrete Sealers Market by Material
10.1.6.3.2 Mexico Concrete Sealers Market by Function
10.1.6.3.3 Mexico Concrete Sealers Market by Application
10.2. EUROPE
10.2.1 Europe Concrete Sealers Market Overview
10.2.2 Europe Concrete Sealers Market Forecasts and Analysis
10.2.3 Europe Concrete Sealers Market Forecasts and Analysis - By Material
10.2.4 Europe Concrete Sealers Market Forecasts and Analysis - By Function
10.2.5 Europe Concrete Sealers Market Forecasts and Analysis - By Application
10.2.6 Europe Concrete Sealers Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Concrete Sealers Market
10.2.6.1.1 Germany Concrete Sealers Market by Material
10.2.6.1.2 Germany Concrete Sealers Market by Function
10.2.6.1.3 Germany Concrete Sealers Market by Application
10.2.6.2 France Concrete Sealers Market
10.2.6.2.1 France Concrete Sealers Market by Material
10.2.6.2.2 France Concrete Sealers Market by Function
10.2.6.2.3 France Concrete Sealers Market by Application
10.2.6.3 Italy Concrete Sealers Market
10.2.6.3.1 Italy Concrete Sealers Market by Material
10.2.6.3.2 Italy Concrete Sealers Market by Function
10.2.6.3.3 Italy Concrete Sealers Market by Application
10.2.6.4 Spain Concrete Sealers Market
10.2.6.4.1 Spain Concrete Sealers Market by Material
10.2.6.4.2 Spain Concrete Sealers Market by Function
10.2.6.4.3 Spain Concrete Sealers Market by Application
10.2.6.5 United Kingdom Concrete Sealers Market
10.2.6.5.1 United Kingdom Concrete Sealers Market by Material
10.2.6.5.2 United Kingdom Concrete Sealers Market by Function
10.2.6.5.3 United Kingdom Concrete Sealers Market by Application
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Concrete Sealers Market Overview
10.3.2 Asia-Pacific Concrete Sealers Market Forecasts and Analysis
10.3.3 Asia-Pacific Concrete Sealers Market Forecasts and Analysis - By Material
10.3.4 Asia-Pacific Concrete Sealers Market Forecasts and Analysis - By Function
10.3.5 Asia-Pacific Concrete Sealers Market Forecasts and Analysis - By Application
10.3.6 Asia-Pacific Concrete Sealers Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Concrete Sealers Market
10.3.6.1.1 Australia Concrete Sealers Market by Material
10.3.6.1.2 Australia Concrete Sealers Market by Function
10.3.6.1.3 Australia Concrete Sealers Market by Application
10.3.6.2 China Concrete Sealers Market
10.3.6.2.1 China Concrete Sealers Market by Material
10.3.6.2.2 China Concrete Sealers Market by Function
10.3.6.2.3 China Concrete Sealers Market by Application
10.3.6.3 India Concrete Sealers Market
10.3.6.3.1 India Concrete Sealers Market by Material
10.3.6.3.2 India Concrete Sealers Market by Function
10.3.6.3.3 India Concrete Sealers Market by Application
10.3.6.4 Japan Concrete Sealers Market
10.3.6.4.1 Japan Concrete Sealers Market by Material
10.3.6.4.2 Japan Concrete Sealers Market by Function
10.3.6.4.3 Japan Concrete Sealers Market by Application
10.3.6.5 South Korea Concrete Sealers Market
10.3.6.5.1 South Korea Concrete Sealers Market by Material
10.3.6.5.2 South Korea Concrete Sealers Market by Function
10.3.6.5.3 South Korea Concrete Sealers Market by Application
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Concrete Sealers Market Overview
10.4.2 Middle East and Africa Concrete Sealers Market Forecasts and Analysis
10.4.3 Middle East and Africa Concrete Sealers Market Forecasts and Analysis - By Material
10.4.4 Middle East and Africa Concrete Sealers Market Forecasts and Analysis - By Function
10.4.5 Middle East and Africa Concrete Sealers Market Forecasts and Analysis - By Application
10.4.6 Middle East and Africa Concrete Sealers Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Concrete Sealers Market
10.4.6.1.1 South Africa Concrete Sealers Market by Material
10.4.6.1.2 South Africa Concrete Sealers Market by Function
10.4.6.1.3 South Africa Concrete Sealers Market by Application
10.4.6.2 Saudi Arabia Concrete Sealers Market
10.4.6.2.1 Saudi Arabia Concrete Sealers Market by Material
10.4.6.2.2 Saudi Arabia Concrete Sealers Market by Function
10.4.6.2.3 Saudi Arabia Concrete Sealers Market by Application
10.4.6.3 U.A.E Concrete Sealers Market
10.4.6.3.1 U.A.E Concrete Sealers Market by Material
10.4.6.3.2 U.A.E Concrete Sealers Market by Function
10.4.6.3.3 U.A.E Concrete Sealers Market by Application
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Concrete Sealers Market Overview
10.5.2 South and Central America Concrete Sealers Market Forecasts and Analysis
10.5.3 South and Central America Concrete Sealers Market Forecasts and Analysis - By Material
10.5.4 South and Central America Concrete Sealers Market Forecasts and Analysis - By Function
10.5.5 South and Central America Concrete Sealers Market Forecasts and Analysis - By Application
10.5.6 South and Central America Concrete Sealers Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Concrete Sealers Market
10.5.6.1.1 Brazil Concrete Sealers Market by Material
10.5.6.1.2 Brazil Concrete Sealers Market by Function
10.5.6.1.3 Brazil Concrete Sealers Market by Application
10.5.6.2 Argentina Concrete Sealers Market
10.5.6.2.1 Argentina Concrete Sealers Market by Material
10.5.6.2.2 Argentina Concrete Sealers Market by Function
10.5.6.2.3 Argentina Concrete Sealers Market by Application
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. CONCRETE SEALERS MARKET, KEY COMPANY PROFILES
12.1. BASF SE
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. CURECRETE DISTRIBUTION, INC.
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. EPMAR CORPORATION
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. EVONIK
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. LARSEN BUILDING PRODUCTS
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. LATICRETE INTERNATIONAL, INC.
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. MAPEI S.P.A.
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. NUTECH PAINT
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. PROSOCO, INC.
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. W. R. MEADOWS, INC.
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.BASF SE2.Curecrete Distribution, Inc.3.EPMAR Corporation4.Evonik5.Larsen Building Products6.LATICRETE International, Inc.7.MAPEI S.p.A.8.Nutech Paint9.PROSOCO, INC.10.W. R. Meadows, 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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