Elastic Adhesive Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
An adhesive is an amalgam which sticks two items together. They are made naturally or from human-made materials. Adhesives find their applications in some binding techniques like sewing, mechanical fastening, and thermal bonding. Adhesive tapes, glue, and sticky tac are some common examples. Elastic adhesives are a type of adhesive which is used for bonding or sealing different vibrating substrates such as buses, trains, and washing machines. Elastic adhesive tapes possess superior properties like rubber-like elasticity, low contraction distortion while curing, high peel strength, impact resistance, and flexibility. They absorb external stress of vibration & shock and disperse internal stress from adherent.
MARKET DYNAMICS
Advancement in adhesive bonding for the purpose of attaining ease in the application is driving the growth of the elastic adhesive market. Along with this, incrementing spending of the government in construction activities for the sake of infrastructural development is also fuelling the market. However, the lack of knowledge and decline in the acceptance rate of elastic adhesives hampers the fruitful development of the elastic adhesives market. An upsurge in demand for non-hazardous, green & sustainable elastics bonding adhesives and sealants is anticipated to bolster the growth of the market in the near future.
MARKET SCOPE
The "Global Elastic Adhesive Market Analysis to 2028" is a specialized and in-depth study of the chemical and the material industry with a special focus on the global market trend analysis. The report aims to provide an overview of the elastic adhesive market with detailed market segmentation by resin type, application, end-use industry, and geography. The global elastic adhesive market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading elastic adhesive players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global elastic adhesive market is segmented on the basis of resin type, application, end use industry and geography. On the basis of resin type the market classify into polyurethane, silicone, silane modified polymers and others. The market on the basis of application is broken into building maintenance, floor covering and automobiles. As per end use industry the market is bifurcated into construction, industrial, automotive and transportation.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The elastic adhesive market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the elastic adhesive market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the elastic adhesive market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The elastic adhesive market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the elastic adhesive market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the elastic adhesive market in these regions.
The reports cover key developments in the elastic adhesive market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from elastic adhesive market are anticipated to lucrative growth opportunities in the future with the rising demand for elastic adhesive in the global market. Below mentioned is the list of few companies engaged in the elastic adhesive market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the elastic adhesive market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- 3M
- Arkema S.A
- Beijing Comens New Materials
- Cemedine
- Grupo Celo
- Henkel
- Mapei
- Sika AG
- Wacker Chemie
- Weicon
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
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Segment Covered
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![Regional Scope](https://www.theinsightpartners.com/assets/rdimages/regional_scope.png)
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
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Country Scope
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1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Elastic Adhesive Market - By Resin Type
1.3.2 Elastic Adhesive Market - By Application
1.3.3 Elastic Adhesive Market - By End use industry
1.3.4 Elastic Adhesive Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ELASTIC ADHESIVE 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. ELASTIC ADHESIVE 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. ELASTIC ADHESIVE MARKET - GLOBAL MARKET ANALYSIS
6.1. ELASTIC ADHESIVE - GLOBAL MARKET OVERVIEW
6.2. ELASTIC ADHESIVE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ELASTIC ADHESIVE MARKET - REVENUE AND FORECASTS TO 2028 - RESIN TYPE
7.1. OVERVIEW
7.2. RESIN TYPE MARKET FORECASTS AND ANALYSIS
7.3. POLYURETHANE
7.3.1. Overview
7.3.2. Polyurethane Market Forecast and Analysis
7.4. SILICONE
7.4.1. Overview
7.4.2. Silicone Market Forecast and Analysis
7.5. SILANE MODIFIED POLYMERS (SMP)
7.5.1. Overview
7.5.2. Silane Modified Polymers (SMP) Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. ELASTIC ADHESIVE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. BUILDING MAINTENANCE
8.3.1. Overview
8.3.2. Building Maintenance Market Forecast and Analysis
8.4. FLOOR COVERING
8.4.1. Overview
8.4.2. Floor Covering Market Forecast and Analysis
8.5. AUTOMOBILES
8.5.1. Overview
8.5.2. Automobiles Market Forecast and Analysis
9. ELASTIC ADHESIVE MARKET - REVENUE AND FORECASTS TO 2028 - END USE INDUSTRY
9.1. OVERVIEW
9.2. END USE INDUSTRY MARKET FORECASTS AND ANALYSIS
9.3. CONSTRUCTION
9.3.1. Overview
9.3.2. Construction Market Forecast and Analysis
9.4. AUTOMOTIVE AND TRANSPORTATION
9.4.1. Overview
9.4.2. Automotive and Transportation Market Forecast and Analysis
9.5. INDUSTRIAL
9.5.1. Overview
9.5.2. Industrial Market Forecast and Analysis
10. ELASTIC ADHESIVE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Elastic Adhesive Market Overview
10.1.2 North America Elastic Adhesive Market Forecasts and Analysis
10.1.3 North America Elastic Adhesive Market Forecasts and Analysis - By Resin Type
10.1.4 North America Elastic Adhesive Market Forecasts and Analysis - By Application
10.1.5 North America Elastic Adhesive Market Forecasts and Analysis - By End use industry
10.1.6 North America Elastic Adhesive Market Forecasts and Analysis - By Countries
10.1.6.1 Canada Elastic Adhesive Market
10.1.6.1.1 Canada Elastic Adhesive Market by Resin Type
10.1.6.1.2 Canada Elastic Adhesive Market by Application
10.1.6.1.3 Canada Elastic Adhesive Market by End use industry
10.1.6.2 Mexico Elastic Adhesive Market
10.1.6.2.1 Mexico Elastic Adhesive Market by Resin Type
10.1.6.2.2 Mexico Elastic Adhesive Market by Application
10.1.6.2.3 Mexico Elastic Adhesive Market by End use industry
10.1.6.3 US Elastic Adhesive Market
10.1.6.3.1 US Elastic Adhesive Market by Resin Type
10.1.6.3.2 US Elastic Adhesive Market by Application
10.1.6.3.3 US Elastic Adhesive Market by End use industry
10.2. EUROPE
10.2.1 Europe Elastic Adhesive Market Overview
10.2.2 Europe Elastic Adhesive Market Forecasts and Analysis
10.2.3 Europe Elastic Adhesive Market Forecasts and Analysis - By Resin Type
10.2.4 Europe Elastic Adhesive Market Forecasts and Analysis - By Application
10.2.5 Europe Elastic Adhesive Market Forecasts and Analysis - By End use industry
10.2.6 Europe Elastic Adhesive Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Elastic Adhesive Market
10.2.6.1.1 Germany Elastic Adhesive Market by Resin Type
10.2.6.1.2 Germany Elastic Adhesive Market by Application
10.2.6.1.3 Germany Elastic Adhesive Market by End use industry
10.2.6.2 France Elastic Adhesive Market
10.2.6.2.1 France Elastic Adhesive Market by Resin Type
10.2.6.2.2 France Elastic Adhesive Market by Application
10.2.6.2.3 France Elastic Adhesive Market by End use industry
10.2.6.3 Italy Elastic Adhesive Market
10.2.6.3.1 Italy Elastic Adhesive Market by Resin Type
10.2.6.3.2 Italy Elastic Adhesive Market by Application
10.2.6.3.3 Italy Elastic Adhesive Market by End use industry
10.2.6.4 United Kingdom Elastic Adhesive Market
10.2.6.4.1 United Kingdom Elastic Adhesive Market by Resin Type
10.2.6.4.2 United Kingdom Elastic Adhesive Market by Application
10.2.6.4.3 United Kingdom Elastic Adhesive Market by End use industry
10.2.6.5 Russia Elastic Adhesive Market
10.2.6.5.1 Russia Elastic Adhesive Market by Resin Type
10.2.6.5.2 Russia Elastic Adhesive Market by Application
10.2.6.5.3 Russia Elastic Adhesive Market by End use industry
10.2.6.6 Rest of Europe Elastic Adhesive Market
10.2.6.6.1 Rest of Europe Elastic Adhesive Market by Resin Type
10.2.6.6.2 Rest of Europe Elastic Adhesive Market by Application
10.2.6.6.3 Rest of Europe Elastic Adhesive Market by End use industry
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Elastic Adhesive Market Overview
10.3.2 Asia-Pacific Elastic Adhesive Market Forecasts and Analysis
10.3.3 Asia-Pacific Elastic Adhesive Market Forecasts and Analysis - By Resin Type
10.3.4 Asia-Pacific Elastic Adhesive Market Forecasts and Analysis - By Application
10.3.5 Asia-Pacific Elastic Adhesive Market Forecasts and Analysis - By End use industry
10.3.6 Asia-Pacific Elastic Adhesive Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Elastic Adhesive Market
10.3.6.1.1 Australia Elastic Adhesive Market by Resin Type
10.3.6.1.2 Australia Elastic Adhesive Market by Application
10.3.6.1.3 Australia Elastic Adhesive Market by End use industry
10.3.6.2 China Elastic Adhesive Market
10.3.6.2.1 China Elastic Adhesive Market by Resin Type
10.3.6.2.2 China Elastic Adhesive Market by Application
10.3.6.2.3 China Elastic Adhesive Market by End use industry
10.3.6.3 India Elastic Adhesive Market
10.3.6.3.1 India Elastic Adhesive Market by Resin Type
10.3.6.3.2 India Elastic Adhesive Market by Application
10.3.6.3.3 India Elastic Adhesive Market by End use industry
10.3.6.4 Japan Elastic Adhesive Market
10.3.6.4.1 Japan Elastic Adhesive Market by Resin Type
10.3.6.4.2 Japan Elastic Adhesive Market by Application
10.3.6.4.3 Japan Elastic Adhesive Market by End use industry
10.3.6.5 South Korea Elastic Adhesive Market
10.3.6.5.1 South Korea Elastic Adhesive Market by Resin Type
10.3.6.5.2 South Korea Elastic Adhesive Market by Application
10.3.6.5.3 South Korea Elastic Adhesive Market by End use industry
10.3.6.6 Rest of Asia-Pacific Elastic Adhesive Market
10.3.6.6.1 Rest of Asia-Pacific Elastic Adhesive Market by Resin Type
10.3.6.6.2 Rest of Asia-Pacific Elastic Adhesive Market by Application
10.3.6.6.3 Rest of Asia-Pacific Elastic Adhesive Market by End use industry
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Elastic Adhesive Market Overview
10.4.2 Middle East and Africa Elastic Adhesive Market Forecasts and Analysis
10.4.3 Middle East and Africa Elastic Adhesive Market Forecasts and Analysis - By Resin Type
10.4.4 Middle East and Africa Elastic Adhesive Market Forecasts and Analysis - By Application
10.4.5 Middle East and Africa Elastic Adhesive Market Forecasts and Analysis - By End use industry
10.4.6 Middle East and Africa Elastic Adhesive Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Elastic Adhesive Market
10.4.6.1.1 South Africa Elastic Adhesive Market by Resin Type
10.4.6.1.2 South Africa Elastic Adhesive Market by Application
10.4.6.1.3 South Africa Elastic Adhesive Market by End use industry
10.4.6.2 Saudi Arabia Elastic Adhesive Market
10.4.6.2.1 Saudi Arabia Elastic Adhesive Market by Resin Type
10.4.6.2.2 Saudi Arabia Elastic Adhesive Market by Application
10.4.6.2.3 Saudi Arabia Elastic Adhesive Market by End use industry
10.4.6.3 U.A.E Elastic Adhesive Market
10.4.6.3.1 U.A.E Elastic Adhesive Market by Resin Type
10.4.6.3.2 U.A.E Elastic Adhesive Market by Application
10.4.6.3.3 U.A.E Elastic Adhesive Market by End use industry
10.4.6.4 Rest of Middle East and Africa Elastic Adhesive Market
10.4.6.4.1 Rest of Middle East and Africa Elastic Adhesive Market by Resin Type
10.4.6.4.2 Rest of Middle East and Africa Elastic Adhesive Market by Application
10.4.6.4.3 Rest of Middle East and Africa Elastic Adhesive Market by End use industry
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Elastic Adhesive Market Overview
10.5.2 South and Central America Elastic Adhesive Market Forecasts and Analysis
10.5.3 South and Central America Elastic Adhesive Market Forecasts and Analysis - By Resin Type
10.5.4 South and Central America Elastic Adhesive Market Forecasts and Analysis - By Application
10.5.5 South and Central America Elastic Adhesive Market Forecasts and Analysis - By End use industry
10.5.6 South and Central America Elastic Adhesive Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Elastic Adhesive Market
10.5.6.1.1 Brazil Elastic Adhesive Market by Resin Type
10.5.6.1.2 Brazil Elastic Adhesive Market by Application
10.5.6.1.3 Brazil Elastic Adhesive Market by End use industry
10.5.6.2 Argentina Elastic Adhesive Market
10.5.6.2.1 Argentina Elastic Adhesive Market by Resin Type
10.5.6.2.2 Argentina Elastic Adhesive Market by Application
10.5.6.2.3 Argentina Elastic Adhesive Market by End use industry
10.5.6.3 Rest of South and Central America Elastic Adhesive Market
10.5.6.3.1 Rest of South and Central America Elastic Adhesive Market by Resin Type
10.5.6.3.2 Rest of South and Central America Elastic Adhesive Market by Application
10.5.6.3.3 Rest of South and Central America Elastic Adhesive Market by End use industry
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. ELASTIC ADHESIVE MARKET, KEY COMPANY PROFILES
12.1. 3M
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. ARKEMA
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. BEIJING COMENS NEW MATERIALS
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. CEMEDINE
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. GRUPO CELO
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. HENKEL
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
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. SIKA AG
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. WACKER CHEMIE
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. WEICON
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. 3M
2. Arkema
3. Beijing Comens New Materials
4. Cemedine
5. Grupo Celo
6. Henkel
7. Mapei
8. Sika AG
9. Wacker Chemie
10. Weicon
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.