Dry Mortar Mix Market 2021-2031: Market Share and Forecast
The Dry Mortar Mix Market is expected to register a CAGR of 5.6% 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 end use (commercial, industrial and institutional, infrastructure, and residential). The report is further segmented by application (concrete protection and renovation, grouts, insulation and finishing systems, plaster, render, tile adhesive, and water proofing slurries). The report scope covers five 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 the regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Dry Mortar Mix 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.
Dry Mortar Mix Market Segmentation
End Use- Commercial
- Industrial and Institutional
- Infrastructure
- Residential
- Concrete Protection and Renovation
- Grouts
- Insulation and Finishing Systems
- Plaster
- Render
- Tile Adhesive
- Water Proofing Slurries
Strategic Insights
Dry Mortar Mix Market Growth Drivers- Urbanization Boosts Dry Mortar Mix Demand: As the population worldwide continues to increase, mostly in emerging economies, so is the rate of urbanization. This growing trend of cities requires enormous construction for housing, commercial buildings, and other infrastructures. Of these, the requirement includes dry mortar mix material. It is convenient; that is why this material is widely consumed today for construction in terms of its price. The demand for ready-to-use products in urban construction and increasing investments in infrastructure are positively impacting the dry mortar mix market.
- Regulatory Support for Sustainable Construction: Stringent building codes and regulations set by the governments of various countries globally to enhance quality, safety, and sustainable construction projects drive the dry mortar mix market. Such regulatory measures urge the use of more robust, environment-friendly building materials. Such properties as reduced material wastage, uniform quality, and increased construction efficiency align well with the trend toward sustainability in construction. Promotion by several governments to adopt dry mortar mix in various public infrastructure projects has further supported the market growth.
- Labor Shortage Drives Preference for Dry Mortar Mix: A severe shortage of skilled labor is experienced in the construction industry, boosting demand for products that make construction processes easier and faster. A dry mix of mortar is the best because it comes pre-mixed and ready to use does not require skilled manpower, and there is a minimum error in preparation. This can help cut labor costs and be sure of quality, making dry mortar mix a preferred choice for the contractor looking for cost-effective solutions and efficient construction.
- Growth of Prefabricated Construction: Prefabricated construction is fast growing, especially in the residential and commercial sectors. It requires the need for dry mortar mixes, which are in demand in order to produce good quality prefabricated walls, panels, and facades. The demand for dry mortar mixes in prefabricated construction has increased due to the reasons of uniformity and reliability of prefabricated construction components.
- Smart Mortar Solutions for Enhanced Performance: The smart mortar solutions are also in the dry mortar mix market, including additives and technologies, aimed at performance enhancement. Such solutions bring benefits like higher durability, rapid curing, and better resistance to weather conditions. The demand for smart mortars is increasingly observed in areas with a high demand for performance-driven building materials, such as coastal regions or regions with extreme climatic conditions. They contribute to the long lifespan of buildings, so they are also architects' and contractors' preferred choices.
- Shift Towards Eco-Friendly Construction: The factor is the increased demand for green and environmentally friendly construction materials. This is due to environmental issues and regulatory pressure. As a result, the dry mortar mix is evolving to include more environmentally friendly products based on recyclable material or that reduce carbon emissions. Consumers and builders are increasingly using these options, which aligns with the global drive towards greener construction practices and, therefore, supports growth in the market.
- Growth Opportunities in Emerging Economies: Developing economies in the Asia-Pacific, Latin America, and African regions are growth-rich opportunities for the dry mortar mix market. The building infrastructure is growing rapidly, and also urbanization, in these regions. For the demand of construction material dry mortar mix is surely expected to increase. Opportunities may lie in targeted investments made within these regions to improve on cost-effective, ready-to-use mortar solutions for high-volume construction projects.
- Technological Innovations in Dry Mortar Mix: The dry mortar mix market, therefore, offers prospects in producing technologically advanced products for better performance and lower cost with environmentally friendly alternatives. Self-healing mortars, heat-insulating mixes, and anti-microbial solutions are some of the innovations required to meet the emerging demand for specialized high-performance products, and investment in R&D leads to such solutions offering excellent market potential.
- Expanding DIY Market: The DIY segment has always been of interest, and especially now more than ever, in developed countries. Easy-to-use convenience mixes like dry mortar mixes will attempt to tap this market. The provision of smaller, prepacked goods or DIY mortar solutions will allow manufacturers to address homeowners and small-scale construction enthusiasts, creating new avenues for growth.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Dry Mortar Mix 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 Dry Mortar Mix 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
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The Dry Mortar Mix Market is estimated to witness a CAGR of 5.6% from 2023 to 2031
The major factors driving the dry mortar mix market are:
1. Rapid Urbanization and Infrastructure Development.
2. Government Initiatives and Regulations.
SIKA AG, Compagnie de Saint Gobain SA, MAPEI SpA, Cemex SAB De CV, Hanil Holdings Co Ltd, UltraTech Cement Ltd, Votorantim Cimentos, Holcim AG, LATICRETE International Inc, and Ardex GmbH
On the basis of geography, the dry mortar mix market is classified into North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America
The report can be delivered in PDF/Word format, we can also share excel data sheet based on request.
The adoption of ready-to-use and specialized mortar mixes is expected to be the key market trend.
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Dry Mortar Mix Market - By End-use
1.3.2Dry Mortar Mix Market - By Applications
1.3.3Dry Mortar Mix Market - By Region
1.3.3.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.DRY MORTAR MIX 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.DRY MORTAR MIX 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.DRY MORTAR MIX MARKET - GLOBAL MARKET ANALYSIS
6.1.DRY MORTAR MIX - GLOBAL MARKET OVERVIEW
6.2.DRY MORTAR MIX - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.DRY MORTAR MIX MARKET - REVENUE AND FORECASTS TO 2028 - END-USE
7.1.OVERVIEW
7.2.END-USE MARKET FORECASTS AND ANALYSIS
7.3.RESIDENTIAL
7.3.1.Overview
7.3.2.Residential Market Forecast and Analysis
7.4.NON-RESIDENTIAL
7.4.1.Overview
7.4.2.Non-residential Market Forecast and Analysis
8.DRY MORTAR MIX MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATIONS
8.1.OVERVIEW
8.2.APPLICATIONS MARKET FORECASTS AND ANALYSIS
8.3.PLASTERS
8.3.1.Overview
8.3.2.Plasters Market Forecast and Analysis
8.4.RENDERS
8.4.1.Overview
8.4.2.Renders Market Forecast and Analysis
8.5.TILE ADHESIVES
8.5.1.Overview
8.5.2.Tile Adhesives Market Forecast and Analysis
8.6.GROUTS
8.6.1.Overview
8.6.2.Grouts Market Forecast and Analysis
8.7.WATER PROOFING SLURRIES
8.7.1.Overview
8.7.2.Water Proofing Slurries Market Forecast and Analysis
8.8.CONCRETE PROTECTION AND RENOVATION
8.8.1.Overview
8.8.2.Concrete Protection and Renovation Market Forecast and Analysis
8.9.INSULATION AND FINISHING SYSTEMS
8.9.1.Overview
8.9.2.Insulation and Finishing Systems Market Forecast and Analysis
9.DRY MORTAR MIX MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1.NORTH AMERICA
9.1.1North America Dry Mortar Mix Market Overview
9.1.2North America Dry Mortar Mix Market Forecasts and Analysis
9.1.3North America Dry Mortar Mix Market Forecasts and Analysis - By End-use
9.1.4North America Dry Mortar Mix Market Forecasts and Analysis - By Applications
9.1.5North America Dry Mortar Mix Market Forecasts and Analysis - By Countries
9.1.5.1Canada Dry Mortar Mix Market
9.1.5.1.1Canada Dry Mortar Mix Market by End-use
9.1.5.1.2Canada Dry Mortar Mix Market by Applications
9.1.5.2Mexico Dry Mortar Mix Market
9.1.5.2.1Mexico Dry Mortar Mix Market by End-use
9.1.5.2.2Mexico Dry Mortar Mix Market by Applications
9.1.5.3US Dry Mortar Mix Market
9.1.5.3.1US Dry Mortar Mix Market by End-use
9.1.5.3.2US Dry Mortar Mix Market by Applications
9.2.EUROPE
9.2.1Europe Dry Mortar Mix Market Overview
9.2.2Europe Dry Mortar Mix Market Forecasts and Analysis
9.2.3Europe Dry Mortar Mix Market Forecasts and Analysis - By End-use
9.2.4Europe Dry Mortar Mix Market Forecasts and Analysis - By Applications
9.2.5Europe Dry Mortar Mix Market Forecasts and Analysis - By Countries
9.2.5.1Germany Dry Mortar Mix Market
9.2.5.1.1Germany Dry Mortar Mix Market by End-use
9.2.5.1.2Germany Dry Mortar Mix Market by Applications
9.2.5.2France Dry Mortar Mix Market
9.2.5.2.1France Dry Mortar Mix Market by End-use
9.2.5.2.2France Dry Mortar Mix Market by Applications
9.2.5.3Italy Dry Mortar Mix Market
9.2.5.3.1Italy Dry Mortar Mix Market by End-use
9.2.5.3.2Italy Dry Mortar Mix Market by Applications
9.2.5.4United Kingdom Dry Mortar Mix Market
9.2.5.4.1United Kingdom Dry Mortar Mix Market by End-use
9.2.5.4.2United Kingdom Dry Mortar Mix Market by Applications
9.2.5.5Russia Dry Mortar Mix Market
9.2.5.5.1Russia Dry Mortar Mix Market by End-use
9.2.5.5.2Russia Dry Mortar Mix Market by Applications
9.2.5.6Rest of Europe Dry Mortar Mix Market
9.2.5.6.1Rest of Europe Dry Mortar Mix Market by End-use
9.2.5.6.2Rest of Europe Dry Mortar Mix Market by Applications
9.3.ASIA-PACIFIC
9.3.1Asia-Pacific Dry Mortar Mix Market Overview
9.3.2Asia-Pacific Dry Mortar Mix Market Forecasts and Analysis
9.3.3Asia-Pacific Dry Mortar Mix Market Forecasts and Analysis - By End-use
9.3.4Asia-Pacific Dry Mortar Mix Market Forecasts and Analysis - By Applications
9.3.5Asia-Pacific Dry Mortar Mix Market Forecasts and Analysis - By Countries
9.3.5.1Australia Dry Mortar Mix Market
9.3.5.1.1Australia Dry Mortar Mix Market by End-use
9.3.5.1.2Australia Dry Mortar Mix Market by Applications
9.3.5.2China Dry Mortar Mix Market
9.3.5.2.1China Dry Mortar Mix Market by End-use
9.3.5.2.2China Dry Mortar Mix Market by Applications
9.3.5.3India Dry Mortar Mix Market
9.3.5.3.1India Dry Mortar Mix Market by End-use
9.3.5.3.2India Dry Mortar Mix Market by Applications
9.3.5.4Japan Dry Mortar Mix Market
9.3.5.4.1Japan Dry Mortar Mix Market by End-use
9.3.5.4.2Japan Dry Mortar Mix Market by Applications
9.3.5.5South Korea Dry Mortar Mix Market
9.3.5.5.1South Korea Dry Mortar Mix Market by End-use
9.3.5.5.2South Korea Dry Mortar Mix Market by Applications
9.3.5.6Rest of Asia-Pacific Dry Mortar Mix Market
9.3.5.6.1Rest of Asia-Pacific Dry Mortar Mix Market by End-use
9.3.5.6.2Rest of Asia-Pacific Dry Mortar Mix Market by Applications
9.4.MIDDLE EAST AND AFRICA
9.4.1Middle East and Africa Dry Mortar Mix Market Overview
9.4.2Middle East and Africa Dry Mortar Mix Market Forecasts and Analysis
9.4.3Middle East and Africa Dry Mortar Mix Market Forecasts and Analysis - By End-use
9.4.4Middle East and Africa Dry Mortar Mix Market Forecasts and Analysis - By Applications
9.4.5Middle East and Africa Dry Mortar Mix Market Forecasts and Analysis - By Countries
9.4.5.1South Africa Dry Mortar Mix Market
9.4.5.1.1South Africa Dry Mortar Mix Market by End-use
9.4.5.1.2South Africa Dry Mortar Mix Market by Applications
9.4.5.2Saudi Arabia Dry Mortar Mix Market
9.4.5.2.1Saudi Arabia Dry Mortar Mix Market by End-use
9.4.5.2.2Saudi Arabia Dry Mortar Mix Market by Applications
9.4.5.3U.A.E Dry Mortar Mix Market
9.4.5.3.1U.A.E Dry Mortar Mix Market by End-use
9.4.5.3.2U.A.E Dry Mortar Mix Market by Applications
9.4.5.4Rest of Middle East and Africa Dry Mortar Mix Market
9.4.5.4.1Rest of Middle East and Africa Dry Mortar Mix Market by End-use
9.4.5.4.2Rest of Middle East and Africa Dry Mortar Mix Market by Applications
9.5.SOUTH AND CENTRAL AMERICA
9.5.1South and Central America Dry Mortar Mix Market Overview
9.5.2South and Central America Dry Mortar Mix Market Forecasts and Analysis
9.5.3South and Central America Dry Mortar Mix Market Forecasts and Analysis - By End-use
9.5.4South and Central America Dry Mortar Mix Market Forecasts and Analysis - By Applications
9.5.5South and Central America Dry Mortar Mix Market Forecasts and Analysis - By Countries
9.5.5.1Brazil Dry Mortar Mix Market
9.5.5.1.1Brazil Dry Mortar Mix Market by End-use
9.5.5.1.2Brazil Dry Mortar Mix Market by Applications
9.5.5.2Argentina Dry Mortar Mix Market
9.5.5.2.1Argentina Dry Mortar Mix Market by End-use
9.5.5.2.2Argentina Dry Mortar Mix Market by Applications
9.5.5.3Rest of South and Central America Dry Mortar Mix Market
9.5.5.3.1Rest of South and Central America Dry Mortar Mix Market by End-use
9.5.5.3.2Rest of South and Central America Dry Mortar Mix Market by Applications
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.DRY MORTAR MIX MARKET, KEY COMPANY PROFILES
11.1.ARDEX GMBH.
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.BASF CORPORATION
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.CEMEX S.A.B. DE C.V.
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.DUPONT DE NEMOURS 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.HENKEL AG. AND COMPANY
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.LAFARGEHOLCIM LTD.
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.MAPEI SPA.
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.SAINT-GOBAIN WEBER
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.SAUDI VETONIT CO. LTD.
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.SIKA AG.
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
1.ARDEX Gmbh.
2.BASF Corporation
3.CEMEX S.A.B. De C.V.
4.Dupont De Nemours Inc.
5.Henkel AG. and Company
6.Lafargeholcim Ltd.
7.Mapei Spa.
8.Saint-Gobain Weber
9.Saudi Vetonit Co. Ltd.
10.Sika AG.
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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