Geosynthetics Market Insights and Growth by 2031
MARKET OVERVIEW
The geosynthetics market includes materials made from synthetic polymers that are used in civil engineering and construction projects to improve the performance of soil and other natural materials. These materials come from products such as geotextiles, geogrids, geonets, geomembranes, and geocomposites, among others. They are applied in areas such as erosion control, drainage, reinforcement, and separation and are used in transportation, waste management, mining, and water management. The market size and growth rate are affected by the advancements in materials technology and the expansion of construction and infrastructure projects.
MARKET DYNAMICS
The geosynthetics market is anticipated to grow in the forecast period owing to various drivers such as growing demands from the infrastructure segment coupled with increased usage of geosynthetics in the mining activity. Rising concerns regarding environmental protection further fuel the geosynthetics market growth. However, several technical problems such as clogging associated with the use of geosynthetics hamper market growth. Nonetheless, the geosynthetics market offers major growth opportunities with increasing adoption of green building construction during the forecast period.
MARKET SCOPE
The "Global Geosynthetics 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 geosynthetics market with detailed market segmentation by material, type, function, application, and geography. The global geosynthetics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading geosynthetics market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global geosynthetics market is segmented on the basis of material, type, function, and application. By material, the market is segmented as polypropylene, polyethylene, polyester, PVC, and others. Based on type, the market is segmented as geotextile, geo-membrane, geo-composite, geo-synthetic liner, and others. On the basis of the function, the market is segmented as separation, drainage, filtration, reinforcement, and moisture barrier. The market, on the basis of the application, is classified as construction, transportation, environmental, 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 geosynthetics 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 & Central America. The geosynthetics 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 geosynthetics 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 & Central America after evaluating political, economic, social and technological factors affecting the geosynthetics 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 geosynthetics 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 & Central America. The geosynthetics 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 geosynthetics 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 & Central America after evaluating political, economic, social and technological factors affecting the geosynthetics market in these regions.
MARKET PLAYERS
The reports cover key developments in the geosynthetics 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 the way for the expansion of business and customer base of market players. The market payers from the geosynthetics market are anticipated to lucrative growth opportunities in the future with the rising demand for geosynthetics in the global market. Below mentioned is the list of few companies engaged in the geosynthetics market.
The report also includes the profiles of key geosynthetics companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- AGRU America, Inc.
- Anhui Huifeng New Synthetic Materials Co., Ltd.
- Belton Industries, Inc.
- Berry Global Inc.
- E. I. du Pont de Nemours and Company
- Huesker, Inc.
- Koninklijke Ten Cate B.V.
- Strata Systems Inc
- Taian Modern Plastic Co., Ltd
- Tenax Corporation
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.
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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.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Geosynthetics Market - By Material
1.3.2 Geosynthetics Market - By Type
1.3.3 Geosynthetics Market - By Function
1.3.4 Geosynthetics Market - By Application
1.3.5 Geosynthetics Market - By Region
1.3.5.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. GEOSYNTHETICS 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. GEOSYNTHETICS 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. GEOSYNTHETICS MARKET - GLOBAL MARKET ANALYSIS
6.1. GEOSYNTHETICS - GLOBAL MARKET OVERVIEW
6.2. GEOSYNTHETICS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. GEOSYNTHETICS MARKET - REVENUE AND FORECASTS TO 2028 - MATERIAL
7.1. OVERVIEW
7.2. MATERIAL MARKET FORECASTS AND ANALYSIS
7.3. POLYPROPYLENE
7.3.1. Overview
7.3.2. Polypropylene Market Forecast and Analysis
7.4. POLYETHYLENE
7.4.1. Overview
7.4.2. Polyethylene Market Forecast and Analysis
7.5. POLYESTER
7.5.1. Overview
7.5.2. Polyester Market Forecast and Analysis
7.6. PVC
7.6.1. Overview
7.6.2. PVC Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
8. GEOSYNTHETICS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
8.1. OVERVIEW
8.2. TYPE MARKET FORECASTS AND ANALYSIS
8.3. GEOTEXTILE
8.3.1. Overview
8.3.2. Geotextile Market Forecast and Analysis
8.4. GEO-MEMBRANE
8.4.1. Overview
8.4.2. Geo-membrane Market Forecast and Analysis
8.5. GEO-COMPOSITE
8.5.1. Overview
8.5.2. Geo-composite Market Forecast and Analysis
8.6. GEO-SYNTHETIC LINER
8.6.1. Overview
8.6.2. Geo-synthetic Liner Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. GEOSYNTHETICS MARKET - REVENUE AND FORECASTS TO 2028 - FUNCTION
9.1. OVERVIEW
9.2. FUNCTION MARKET FORECASTS AND ANALYSIS
9.3. SEPARATION
9.3.1. Overview
9.3.2. Separation Market Forecast and Analysis
9.4. DRAINAGE
9.4.1. Overview
9.4.2. Drainage Market Forecast and Analysis
9.5. FILTRATION
9.5.1. Overview
9.5.2. Filtration Market Forecast and Analysis
9.6. REINFORCEMENT
9.6.1. Overview
9.6.2. Reinforcement Market Forecast and Analysis
9.7. MOISTURE BARRIER
9.7.1. Overview
9.7.2. Moisture Barrier Market Forecast and Analysis
10. GEOSYNTHETICS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
10.1. OVERVIEW
10.2. APPLICATION MARKET FORECASTS AND ANALYSIS
10.3. CONSTRUCTION
10.3.1. Overview
10.3.2. Construction Market Forecast and Analysis
10.4. TRANSPORTATION
10.4.1. Overview
10.4.2. Transportation Market Forecast and Analysis
10.5. ENVIRONMENTAL
10.5.1. Overview
10.5.2. Environmental Market Forecast and Analysis
10.6. OTHERS
10.6.1. Overview
10.6.2. Others Market Forecast and Analysis
11. GEOSYNTHETICS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Geosynthetics Market Overview
11.1.2 North America Geosynthetics Market Forecasts and Analysis
11.1.3 North America Geosynthetics Market Forecasts and Analysis - By Material
11.1.4 North America Geosynthetics Market Forecasts and Analysis - By Type
11.1.5 North America Geosynthetics Market Forecasts and Analysis - By Function
11.1.6 North America Geosynthetics Market Forecasts and Analysis - By Application
11.1.7 North America Geosynthetics Market Forecasts and Analysis - By Countries
11.1.7.1 United States Geosynthetics Market
11.1.7.1.1 United States Geosynthetics Market by Material
11.1.7.1.2 United States Geosynthetics Market by Type
11.1.7.1.3 United States Geosynthetics Market by Function
11.1.7.1.4 United States Geosynthetics Market by Application
11.1.7.2 Canada Geosynthetics Market
11.1.7.2.1 Canada Geosynthetics Market by Material
11.1.7.2.2 Canada Geosynthetics Market by Type
11.1.7.2.3 Canada Geosynthetics Market by Function
11.1.7.2.4 Canada Geosynthetics Market by Application
11.1.7.3 Mexico Geosynthetics Market
11.1.7.3.1 Mexico Geosynthetics Market by Material
11.1.7.3.2 Mexico Geosynthetics Market by Type
11.1.7.3.3 Mexico Geosynthetics Market by Function
11.1.7.3.4 Mexico Geosynthetics Market by Application
11.2. EUROPE
11.2.1 Europe Geosynthetics Market Overview
11.2.2 Europe Geosynthetics Market Forecasts and Analysis
11.2.3 Europe Geosynthetics Market Forecasts and Analysis - By Material
11.2.4 Europe Geosynthetics Market Forecasts and Analysis - By Type
11.2.5 Europe Geosynthetics Market Forecasts and Analysis - By Function
11.2.6 Europe Geosynthetics Market Forecasts and Analysis - By Application
11.2.7 Europe Geosynthetics Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Geosynthetics Market
11.2.7.1.1 Germany Geosynthetics Market by Material
11.2.7.1.2 Germany Geosynthetics Market by Type
11.2.7.1.3 Germany Geosynthetics Market by Function
11.2.7.1.4 Germany Geosynthetics Market by Application
11.2.7.2 France Geosynthetics Market
11.2.7.2.1 France Geosynthetics Market by Material
11.2.7.2.2 France Geosynthetics Market by Type
11.2.7.2.3 France Geosynthetics Market by Function
11.2.7.2.4 France Geosynthetics Market by Application
11.2.7.3 Italy Geosynthetics Market
11.2.7.3.1 Italy Geosynthetics Market by Material
11.2.7.3.2 Italy Geosynthetics Market by Type
11.2.7.3.3 Italy Geosynthetics Market by Function
11.2.7.3.4 Italy Geosynthetics Market by Application
11.2.7.4 United Kingdom Geosynthetics Market
11.2.7.4.1 United Kingdom Geosynthetics Market by Material
11.2.7.4.2 United Kingdom Geosynthetics Market by Type
11.2.7.4.3 United Kingdom Geosynthetics Market by Function
11.2.7.4.4 United Kingdom Geosynthetics Market by Application
11.2.7.5 Russia Geosynthetics Market
11.2.7.5.1 Russia Geosynthetics Market by Material
11.2.7.5.2 Russia Geosynthetics Market by Type
11.2.7.5.3 Russia Geosynthetics Market by Function
11.2.7.5.4 Russia Geosynthetics Market by Application
11.2.7.6 Rest of Europe Geosynthetics Market
11.2.7.6.1 Rest of Europe Geosynthetics Market by Material
11.2.7.6.2 Rest of Europe Geosynthetics Market by Type
11.2.7.6.3 Rest of Europe Geosynthetics Market by Function
11.2.7.6.4 Rest of Europe Geosynthetics Market by Application
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Geosynthetics Market Overview
11.3.2 Asia-Pacific Geosynthetics Market Forecasts and Analysis
11.3.3 Asia-Pacific Geosynthetics Market Forecasts and Analysis - By Material
11.3.4 Asia-Pacific Geosynthetics Market Forecasts and Analysis - By Type
11.3.5 Asia-Pacific Geosynthetics Market Forecasts and Analysis - By Function
11.3.6 Asia-Pacific Geosynthetics Market Forecasts and Analysis - By Application
11.3.7 Asia-Pacific Geosynthetics Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Geosynthetics Market
11.3.7.1.1 Australia Geosynthetics Market by Material
11.3.7.1.2 Australia Geosynthetics Market by Type
11.3.7.1.3 Australia Geosynthetics Market by Function
11.3.7.1.4 Australia Geosynthetics Market by Application
11.3.7.2 China Geosynthetics Market
11.3.7.2.1 China Geosynthetics Market by Material
11.3.7.2.2 China Geosynthetics Market by Type
11.3.7.2.3 China Geosynthetics Market by Function
11.3.7.2.4 China Geosynthetics Market by Application
11.3.7.3 India Geosynthetics Market
11.3.7.3.1 India Geosynthetics Market by Material
11.3.7.3.2 India Geosynthetics Market by Type
11.3.7.3.3 India Geosynthetics Market by Function
11.3.7.3.4 India Geosynthetics Market by Application
11.3.7.4 Japan Geosynthetics Market
11.3.7.4.1 Japan Geosynthetics Market by Material
11.3.7.4.2 Japan Geosynthetics Market by Type
11.3.7.4.3 Japan Geosynthetics Market by Function
11.3.7.4.4 Japan Geosynthetics Market by Application
11.3.7.5 South Korea Geosynthetics Market
11.3.7.5.1 South Korea Geosynthetics Market by Material
11.3.7.5.2 South Korea Geosynthetics Market by Type
11.3.7.5.3 South Korea Geosynthetics Market by Function
11.3.7.5.4 South Korea Geosynthetics Market by Application
11.3.7.6 Rest of Asia-Pacific Geosynthetics Market
11.3.7.6.1 Rest of Asia-Pacific Geosynthetics Market by Material
11.3.7.6.2 Rest of Asia-Pacific Geosynthetics Market by Type
11.3.7.6.3 Rest of Asia-Pacific Geosynthetics Market by Function
11.3.7.6.4 Rest of Asia-Pacific Geosynthetics Market by Application
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Geosynthetics Market Overview
11.4.2 Middle East and Africa Geosynthetics Market Forecasts and Analysis
11.4.3 Middle East and Africa Geosynthetics Market Forecasts and Analysis - By Material
11.4.4 Middle East and Africa Geosynthetics Market Forecasts and Analysis - By Type
11.4.5 Middle East and Africa Geosynthetics Market Forecasts and Analysis - By Function
11.4.6 Middle East and Africa Geosynthetics Market Forecasts and Analysis - By Application
11.4.7 Middle East and Africa Geosynthetics Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Geosynthetics Market
11.4.7.1.1 South Africa Geosynthetics Market by Material
11.4.7.1.2 South Africa Geosynthetics Market by Type
11.4.7.1.3 South Africa Geosynthetics Market by Function
11.4.7.1.4 South Africa Geosynthetics Market by Application
11.4.7.2 Saudi Arabia Geosynthetics Market
11.4.7.2.1 Saudi Arabia Geosynthetics Market by Material
11.4.7.2.2 Saudi Arabia Geosynthetics Market by Type
11.4.7.2.3 Saudi Arabia Geosynthetics Market by Function
11.4.7.2.4 Saudi Arabia Geosynthetics Market by Application
11.4.7.3 U.A.E Geosynthetics Market
11.4.7.3.1 U.A.E Geosynthetics Market by Material
11.4.7.3.2 U.A.E Geosynthetics Market by Type
11.4.7.3.3 U.A.E Geosynthetics Market by Function
11.4.7.3.4 U.A.E Geosynthetics Market by Application
11.4.7.4 Rest of Middle East and Africa Geosynthetics Market
11.4.7.4.1 Rest of Middle East and Africa Geosynthetics Market by Material
11.4.7.4.2 Rest of Middle East and Africa Geosynthetics Market by Type
11.4.7.4.3 Rest of Middle East and Africa Geosynthetics Market by Function
11.4.7.4.4 Rest of Middle East and Africa Geosynthetics Market by Application
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Geosynthetics Market Overview
11.5.2 South and Central America Geosynthetics Market Forecasts and Analysis
11.5.3 South and Central America Geosynthetics Market Forecasts and Analysis - By Material
11.5.4 South and Central America Geosynthetics Market Forecasts and Analysis - By Type
11.5.5 South and Central America Geosynthetics Market Forecasts and Analysis - By Function
11.5.6 South and Central America Geosynthetics Market Forecasts and Analysis - By Application
11.5.7 South and Central America Geosynthetics Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Geosynthetics Market
11.5.7.1.1 Brazil Geosynthetics Market by Material
11.5.7.1.2 Brazil Geosynthetics Market by Type
11.5.7.1.3 Brazil Geosynthetics Market by Function
11.5.7.1.4 Brazil Geosynthetics Market by Application
11.5.7.2 Argentina Geosynthetics Market
11.5.7.2.1 Argentina Geosynthetics Market by Material
11.5.7.2.2 Argentina Geosynthetics Market by Type
11.5.7.2.3 Argentina Geosynthetics Market by Function
11.5.7.2.4 Argentina Geosynthetics Market by Application
11.5.7.3 Rest of South and Central America Geosynthetics Market
11.5.7.3.1 Rest of South and Central America Geosynthetics Market by Material
11.5.7.3.2 Rest of South and Central America Geosynthetics Market by Type
11.5.7.3.3 Rest of South and Central America Geosynthetics Market by Function
11.5.7.3.4 Rest of South and Central America Geosynthetics Market by Application
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. GEOSYNTHETICS MARKET, KEY COMPANY PROFILES
13.1. AGRU AMERICA, INC.
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. ANHUI HUIFENG NEW SYNTHETIC MATERIALS CO., LTD.
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. BELTON INDUSTRIES, INC.
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. BERRY GLOBAL INC.
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. E. I. DU PONT DE NEMOURS AND COMPANY
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. HUESKER, INC.
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. KONINKLIJKE TEN CATE B.V.
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. STRATA SYSTEMS INC
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. TAIAN MODERN PLASTIC CO., LTD
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. TENAX CORPORATION
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
The List of Companies
- AGRU America, Inc.
- Anhui Huifeng New Synthetic Materials Co., Ltd.
- Belton Industries, Inc.
- Berry Global Inc.
- E. I. du Pont de Nemours and Company
- Huesker, Inc.
- Koninklijke Ten Cate B.V.
- Strata Systems Inc
- Taian Modern Plastic Co., Ltd
- Tenax Corporation
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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