Engineered Foam Market Key Findings by 2031
Engineered Foam is a new product that is enhancing the safety and storage measures of equipment and many other products. It is made up of solid and gas phases that have been combined at a quick rate in order to provide a mixture that contains a polymer matrix with the presence of bubbles or air channels in it. It is mainly used as a packaging tool by various industries due to its damage-resistant and shock-resistant features. It contains many properties such as moisture sealing or absorption, shock resistance, lightweight, NVH control, UV and temperature resistance, and cushioning, which has made it a universal product with various applications.
MARKET DYNAMICS
The damages that happen during the industrial process, along with the wear and tear of machines and products at the time of manufacturing or transportation, are basically driving the demand for this market. There have been new applications for engineered Foam in the market due to its properties such as moisture resistant, heat, and cold resistance, providing high tensile strength, and many others. The market is on the rise due to its numerous uses in the transportation and storage industry. The affordable pricing is also one of the reasons for the growth of this market.
MARKET SCOPE
The "Global Engineered Foam Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the engineered foam market with detailed market segmentation by raw materials, form, end-user and geography. The global engineered foam market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading engineered foam market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The Global Engineered Foam Market is segmented on the basis of raw materials, form and end-user. On the basis of raw materials, the market is segmented into polyethylene, polyurethane, polystyrene, polyvinyl chloride, polyolefin, others. On the basis of form the market is segmented into flexible foam, spray foam, rigid foam and others. On the basis of end-user, the market is divided into aerospace and defense, medical and healthcare, transportation, manufacturing and construction., packaging and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global engineered foam market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The engineered foam 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 engineered foam 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 engineered foam 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 global engineered foam market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The engineered foam 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 engineered foam 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 engineered foam market in these regions.
MARKET PLAYERS
The reports cover key developments in the engineered foam 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 engineered foam market are anticipated to lucrative growth opportunities in the future with the rising demand for engineered foam in the global market. Below mentioned is the list of few companies engaged in the engineered foam market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the engineered foam 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.
- Pregis LLC
- Fostek Corporation
- Delta Packaging
- The Dow Chemical Company
- GWP Group
- Huebach Corporation
- PACKAGING SERVICES INDUSTRIES
- Armacell
- BASF SE
- Rempac Foam, LLC.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- 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.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Engineered Foam Market - By Raw Materials
1.3.2 Engineered Foam Market - By Form
1.3.3 Engineered Foam Market - By End-User
1.3.4 Engineered Foam Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ENGINEERED FOAM 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. ENGINEERED FOAM MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. ENGINEERED FOAM MARKET - GLOBAL MARKET ANALYSIS
6.1. ENGINEERED FOAM - GLOBAL MARKET OVERVIEW
6.2. ENGINEERED FOAM - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ENGINEERED FOAM MARKET - REVENUE AND FORECASTS TO 2028 - RAW MATERIALS
7.1. OVERVIEW
7.2. RAW MATERIALS MARKET FORECASTS AND ANALYSIS
7.3. POLYETHYLENE
7.3.1. Overview
7.3.2. polyethylene Market Forecast and Analysis
7.4. POLYURETHANE
7.4.1. Overview
7.4.2. polyurethane Market Forecast and Analysis
7.5. POLYSTYRENE
7.5.1. Overview
7.5.2. polystyrene Market Forecast and Analysis
7.6. POLYVINYL CHLORIDE
7.6.1. Overview
7.6.2. polyvinyl chloride Market Forecast and Analysis
7.7. POLYOLEFIN
7.7.1. Overview
7.7.2. polyolefin Market Forecast and Analysis
7.8. OTHERS
7.8.1. Overview
7.8.2. others Market Forecast and Analysis
8. ENGINEERED FOAM MARKET - REVENUE AND FORECASTS TO 2028 - FORM
8.1. OVERVIEW
8.2. FORM MARKET FORECASTS AND ANALYSIS
8.3. FLEXIBLE FOAM
8.3.1. Overview
8.3.2. flexible foam Market Forecast and Analysis
8.4. SPRAY FOAM
8.4.1. Overview
8.4.2. spray foam Market Forecast and Analysis
8.5. RIGID FOAM
8.5.1. Overview
8.5.2. rigid foam Market Forecast and Analysis
8.6. OTHERS.
8.6.1. Overview
8.6.2. others. Market Forecast and Analysis
9. ENGINEERED FOAM MARKET - REVENUE AND FORECASTS TO 2028 - END-USER
9.1. OVERVIEW
9.2. END-USER MARKET FORECASTS AND ANALYSIS
9.3. AEROSPACE AND DEFENSE
9.3.1. Overview
9.3.2. aerospace and defense Market Forecast and Analysis
9.4. MEDICAL AND HEALTHCARE
9.4.1. Overview
9.4.2. medical and healthcare Market Forecast and Analysis
9.5. TRANSPORTATION
9.5.1. Overview
9.5.2. transportation Market Forecast and Analysis
9.6. MANUFACTURING AND CONSTRUCTION
9.6.1. Overview
9.6.2. manufacturing and construction Market Forecast and Analysis
9.7. PACKAGING
9.7.1. Overview
9.7.2. packaging Market Forecast and Analysis
9.8. OTHERS.
9.8.1. Overview
9.8.2. others. Market Forecast and Analysis
10. ENGINEERED FOAM MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Engineered Foam Market Overview
10.1.2 North America Engineered Foam Market Forecasts and Analysis
10.1.3 North America Engineered Foam Market Forecasts and Analysis - By Raw Materials
10.1.4 North America Engineered Foam Market Forecasts and Analysis - By Form
10.1.5 North America Engineered Foam Market Forecasts and Analysis - By End-User
10.1.6 North America Engineered Foam Market Forecasts and Analysis - By Countries
10.1.6.1 United States Engineered Foam Market
10.1.6.1.1 United States Engineered Foam Market by Raw Materials
10.1.6.1.2 United States Engineered Foam Market by Form
10.1.6.1.3 United States Engineered Foam Market by End-User
10.1.6.2 Canada Engineered Foam Market
10.1.6.2.1 Canada Engineered Foam Market by Raw Materials
10.1.6.2.2 Canada Engineered Foam Market by Form
10.1.6.2.3 Canada Engineered Foam Market by End-User
10.1.6.3 Mexico Engineered Foam Market
10.1.6.3.1 Mexico Engineered Foam Market by Raw Materials
10.1.6.3.2 Mexico Engineered Foam Market by Form
10.1.6.3.3 Mexico Engineered Foam Market by End-User
10.2. EUROPE
10.2.1 Europe Engineered Foam Market Overview
10.2.2 Europe Engineered Foam Market Forecasts and Analysis
10.2.3 Europe Engineered Foam Market Forecasts and Analysis - By Raw Materials
10.2.4 Europe Engineered Foam Market Forecasts and Analysis - By Form
10.2.5 Europe Engineered Foam Market Forecasts and Analysis - By End-User
10.2.6 Europe Engineered Foam Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Engineered Foam Market
10.2.6.1.1 Germany Engineered Foam Market by Raw Materials
10.2.6.1.2 Germany Engineered Foam Market by Form
10.2.6.1.3 Germany Engineered Foam Market by End-User
10.2.6.2 France Engineered Foam Market
10.2.6.2.1 France Engineered Foam Market by Raw Materials
10.2.6.2.2 France Engineered Foam Market by Form
10.2.6.2.3 France Engineered Foam Market by End-User
10.2.6.3 Italy Engineered Foam Market
10.2.6.3.1 Italy Engineered Foam Market by Raw Materials
10.2.6.3.2 Italy Engineered Foam Market by Form
10.2.6.3.3 Italy Engineered Foam Market by End-User
10.2.6.4 United Kingdom Engineered Foam Market
10.2.6.4.1 United Kingdom Engineered Foam Market by Raw Materials
10.2.6.4.2 United Kingdom Engineered Foam Market by Form
10.2.6.4.3 United Kingdom Engineered Foam Market by End-User
10.2.6.5 Russia Engineered Foam Market
10.2.6.5.1 Russia Engineered Foam Market by Raw Materials
10.2.6.5.2 Russia Engineered Foam Market by Form
10.2.6.5.3 Russia Engineered Foam Market by End-User
10.2.6.6 Rest of Europe Engineered Foam Market
10.2.6.6.1 Rest of Europe Engineered Foam Market by Raw Materials
10.2.6.6.2 Rest of Europe Engineered Foam Market by Form
10.2.6.6.3 Rest of Europe Engineered Foam Market by End-User
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Engineered Foam Market Overview
10.3.2 Asia-Pacific Engineered Foam Market Forecasts and Analysis
10.3.3 Asia-Pacific Engineered Foam Market Forecasts and Analysis - By Raw Materials
10.3.4 Asia-Pacific Engineered Foam Market Forecasts and Analysis - By Form
10.3.5 Asia-Pacific Engineered Foam Market Forecasts and Analysis - By End-User
10.3.6 Asia-Pacific Engineered Foam Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Engineered Foam Market
10.3.6.1.1 Australia Engineered Foam Market by Raw Materials
10.3.6.1.2 Australia Engineered Foam Market by Form
10.3.6.1.3 Australia Engineered Foam Market by End-User
10.3.6.2 China Engineered Foam Market
10.3.6.2.1 China Engineered Foam Market by Raw Materials
10.3.6.2.2 China Engineered Foam Market by Form
10.3.6.2.3 China Engineered Foam Market by End-User
10.3.6.3 India Engineered Foam Market
10.3.6.3.1 India Engineered Foam Market by Raw Materials
10.3.6.3.2 India Engineered Foam Market by Form
10.3.6.3.3 India Engineered Foam Market by End-User
10.3.6.4 Japan Engineered Foam Market
10.3.6.4.1 Japan Engineered Foam Market by Raw Materials
10.3.6.4.2 Japan Engineered Foam Market by Form
10.3.6.4.3 Japan Engineered Foam Market by End-User
10.3.6.5 South Korea Engineered Foam Market
10.3.6.5.1 South Korea Engineered Foam Market by Raw Materials
10.3.6.5.2 South Korea Engineered Foam Market by Form
10.3.6.5.3 South Korea Engineered Foam Market by End-User
10.3.6.6 Rest of Asia-Pacific Engineered Foam Market
10.3.6.6.1 Rest of Asia-Pacific Engineered Foam Market by Raw Materials
10.3.6.6.2 Rest of Asia-Pacific Engineered Foam Market by Form
10.3.6.6.3 Rest of Asia-Pacific Engineered Foam Market by End-User
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Engineered Foam Market Overview
10.4.2 Middle East and Africa Engineered Foam Market Forecasts and Analysis
10.4.3 Middle East and Africa Engineered Foam Market Forecasts and Analysis - By Raw Materials
10.4.4 Middle East and Africa Engineered Foam Market Forecasts and Analysis - By Form
10.4.5 Middle East and Africa Engineered Foam Market Forecasts and Analysis - By End-User
10.4.6 Middle East and Africa Engineered Foam Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Engineered Foam Market
10.4.6.1.1 South Africa Engineered Foam Market by Raw Materials
10.4.6.1.2 South Africa Engineered Foam Market by Form
10.4.6.1.3 South Africa Engineered Foam Market by End-User
10.4.6.2 Saudi Arabia Engineered Foam Market
10.4.6.2.1 Saudi Arabia Engineered Foam Market by Raw Materials
10.4.6.2.2 Saudi Arabia Engineered Foam Market by Form
10.4.6.2.3 Saudi Arabia Engineered Foam Market by End-User
10.4.6.3 U.A.E Engineered Foam Market
10.4.6.3.1 U.A.E Engineered Foam Market by Raw Materials
10.4.6.3.2 U.A.E Engineered Foam Market by Form
10.4.6.3.3 U.A.E Engineered Foam Market by End-User
10.4.6.4 Rest of Middle East and Africa Engineered Foam Market
10.4.6.4.1 Rest of Middle East and Africa Engineered Foam Market by Raw Materials
10.4.6.4.2 Rest of Middle East and Africa Engineered Foam Market by Form
10.4.6.4.3 Rest of Middle East and Africa Engineered Foam Market by End-User
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Engineered Foam Market Overview
10.5.2 South and Central America Engineered Foam Market Forecasts and Analysis
10.5.3 South and Central America Engineered Foam Market Forecasts and Analysis - By Raw Materials
10.5.4 South and Central America Engineered Foam Market Forecasts and Analysis - By Form
10.5.5 South and Central America Engineered Foam Market Forecasts and Analysis - By End-User
10.5.6 South and Central America Engineered Foam Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Engineered Foam Market
10.5.6.1.1 Brazil Engineered Foam Market by Raw Materials
10.5.6.1.2 Brazil Engineered Foam Market by Form
10.5.6.1.3 Brazil Engineered Foam Market by End-User
10.5.6.2 Argentina Engineered Foam Market
10.5.6.2.1 Argentina Engineered Foam Market by Raw Materials
10.5.6.2.2 Argentina Engineered Foam Market by Form
10.5.6.2.3 Argentina Engineered Foam Market by End-User
10.5.6.3 Rest of South and Central America Engineered Foam Market
10.5.6.3.1 Rest of South and Central America Engineered Foam Market by Raw Materials
10.5.6.3.2 Rest of South and Central America Engineered Foam Market by Form
10.5.6.3.3 Rest of South and Central America Engineered Foam Market by End-User
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. ENGINEERED FOAM MARKET, KEY COMPANY PROFILES
12.1. ARMACELL
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. BASF SE
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. DELTA PACKAGING
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. FOSTEK CORPORATION
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. GWP GROUP
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. HUEBACH CORPORATION
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. PACKAGING SERVICES INDUSTRIES
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. PREGIS LLC
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. REMPAC FOAM, LLC.
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. THE DOW CHEMICAL COMPANY
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. Armacell
2. BASF SE
3. Delta Packaging
4. Fostek Corporation
5. GWP Group
6. Huebach Corporation
7. PACKAGING SERVICES INDUSTRIES
8. Pregis LLC
9. Rempac Foam, LLC.
10. The Dow Chemical Company
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.