Microfibrillated Cellulose (MFC) Market Growth Drivers 2031
The Microfibrillated Cellulose (MFC) Market is expected to register a CAGR of 13% from 2024 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by product type (mechanical method, chemical method, biological method). The report further presents analysis based on application (paper, packaging, food, paints and coatings, others). Global analysis is further broken-down at regional level and major countries. In terms of geography, the market is divided into North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America). The report offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Microfibrillated Cellulose (MFC) 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.
Microfibrillated Cellulose (MFC) Market Segmentation
Product Type- Mechanical Method
- Chemical Method
- Biological Method
- Paper
- Packaging
- Food
- Paints and Coatings
- Others
Strategic Insights
Microfibrillated Cellulose (MFC) Market Growth Drivers- Growing Demand for Eco-Friendly Microfibrillated Cellulose (MFC) in Various Industries: There is a growing concern regarding environmental issues. Therefore, many industries are now changing to eco-friendly materials. Microfibrillated cellulose (MFC) is a renewable, non-toxic, eco-friendly resource that easily degrades in nature. Hence, it is being increasingly used in packaging, textiles, construction, and other spheres encouraging the use it.
- Microfibrillated Cellulose (MFC) Driving the Shift to Sustainable Packaging Solutions: The MFC market is witnessing growth owing to the rising demand for lightweight, strong as well as biodegradable materials in paper and packaging industries. It has unique characteristics of low weight but high strength, which makes it an element for use in sustainable economic packaging, which is the aim to eliminate the use of plastic.
- Advancements in Microfibrillated Cellulose Production Enhancing Market Growth: Microfibrillated cellulose production techniques evolution made it cheaper and easier to produce on a larger scale. These enhancements in processing techniques, for instance, mechanical fibrillation, low-cost enzyme treatments have widened application range of MFC and positioned this material as a feasible substitute in several markets including composites, coatings, and food.
- Microfibrillated Cellulose (MFC) Market Thriving with Demand for Eco-Friendly Materials: The microfibrillated cellulose (MFC) market is thriving due to the increasing need for environmentally friendly and biodegradable materials. MFC is made from renewable plant fibers and is, therefore, increasingly adopted as a green material in packaging, paper and composites, consistent with the global movement towards eco-friendly processes and lower waste production.
- MFC Advancements in High-Performance Applications Drive Market Expansion: MFC is increasingly being used in sophisticated applications such as nanocomposites and functional materials. This is due to MFC's properties of surface area, biodegradability and strength enabling performance products which are mainly used in packaging, electronic as well as automobile industries therefore encouraging market advancement.
- Growing Use of MFC as a Natural Ingredient in Food Products: In the food sector, MFC is increasing in popularity as a natural thickening and stabilizing agent. It is incorporated into food products such as sauces, drinks, and non-dairy products. This is because of the consumers’ tendency to lean towards gravies with clean labels and diets comprising of healthier food developments with plant based ingredients which enhances the growth of the market.
- Microfibrillated Cellulose: A Solution to Global Plastic Pollution: Microfibrillated cellulose (MFC) has great potential to help the global problem of plastic pollution as more and more consumers are concerned about the use of plastic today which is expected coupled with the fact that it will decompose. MFC would be ideal for manufacturing sustainable lightweight packaging without compromising on strength as such materials of MFC will play a great role in the packaging industry in the coming years because of the trend towards environmentally friendly materials.
- MFC's Role in Enhancing Food Products with Natural Characteristics: With the thickening, emulsifying, and stabilizing natural characteristics of MFC, makes the prospects of expansion in the food sector quite optimal. This is because there is a growing demand from consumers for clean-label and functional plant-based ingredients. Thus, MFC can be used to improve texture and consistency in dairy, beverages, and their plant-based counterparts, therefore widening the scope of its commercialization.
- Bicomposites Made from MFC: Bicomposites for which microfibrillated cellulose is increasingly being used are also known as biomaterials. These composites are relevant in the automotive, construction, and consumer sectors. MFC creates market opportunities for industries which develop green composites in other words composites which are devoid of any traditional synthetic composite plastics enhancing the mechanical properties while reducing the weight of the components like plastics.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Microfibrillated Cellulose (MFC) 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 Microfibrillated Cellulose (MFC) Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
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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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Frequently Asked Questions
The report can be delivered in PDF/Word format, we can also share excel data sheet based on request.
Based on geography, North America held the largest share of the microfibrillated cellulose market.
Bborregaard, CelluComp, Daicel FineChem. Ltd., FiberLean Technologies Limited, Nippon Paper Group, Norske Skog, Sappi, Stora Enso, Weidmann Fiber Technology are the key players operating in the microfibrillated cellulose market.
The growing demand for sustainable, biodegradable materials acts as a key trend in the market.
The increasing demand for lightweight, strong, and biodegradable materials in the paper and packaging industries and Advances in the production processes of microfibrillated cellulose are the major factors driving the market growth.
The Microfibrillated Cellulose (MFC) Market is estimated to witness a CAGR of 13% from 2023 to 2031
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Microfibrillated Cellulose (MFC) Market - By Product Type
1.3.2 Microfibrillated Cellulose (MFC) Market - By Application
1.3.3 Microfibrillated Cellulose (MFC) Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. MICROFIBRILLATED CELLULOSE (MFC) 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 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. MICROFIBRILLATED CELLULOSE (MFC) 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. MICROFIBRILLATED CELLULOSE (MFC) MARKET - GLOBAL MARKET ANALYSIS
6.1. MICROFIBRILLATED CELLULOSE (MFC) - GLOBAL MARKET OVERVIEW
6.2. MICROFIBRILLATED CELLULOSE (MFC) - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. MICROFIBRILLATED CELLULOSE (MFC) MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. MECHANICAL METHOD
7.3.1. Overview
7.3.2. Mechanical Method Market Forecast and Analysis
7.4. CHEMICAL METHOD
7.4.1. Overview
7.4.2. Chemical Method Market Forecast and Analysis
7.5. BIOLOGICAL METHOD
7.5.1. Overview
7.5.2. Biological Method Market Forecast and Analysis
8. MICROFIBRILLATED CELLULOSE (MFC) MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. PAPER
8.3.1. Overview
8.3.2. Paper Market Forecast and Analysis
8.4. PACKAGING
8.4.1. Overview
8.4.2. Packaging Market Forecast and Analysis
8.5. FOOD
8.5.1. Overview
8.5.2. Food Market Forecast and Analysis
8.6. PAINTS AND COATINGS
8.6.1. Overview
8.6.2. Paints and Coatings Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. MICROFIBRILLATED CELLULOSE (MFC) MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Microfibrillated Cellulose (MFC) Market Overview
9.1.2 North America Microfibrillated Cellulose (MFC) Market Forecasts and Analysis
9.1.3 North America Microfibrillated Cellulose (MFC) Market Forecasts and Analysis - By Product Type
9.1.4 North America Microfibrillated Cellulose (MFC) Market Forecasts and Analysis - By Application
9.1.5 North America Microfibrillated Cellulose (MFC) Market Forecasts and Analysis - By Countries
9.1.5.1 United States Microfibrillated Cellulose (MFC) Market
9.1.5.1.1 United States Microfibrillated Cellulose (MFC) Market by Product Type
9.1.5.1.2 United States Microfibrillated Cellulose (MFC) Market by Application
9.1.5.2 Canada Microfibrillated Cellulose (MFC) Market
9.1.5.2.1 Canada Microfibrillated Cellulose (MFC) Market by Product Type
9.1.5.2.2 Canada Microfibrillated Cellulose (MFC) Market by Application
9.1.5.3 Mexico Microfibrillated Cellulose (MFC) Market
9.1.5.3.1 Mexico Microfibrillated Cellulose (MFC) Market by Product Type
9.1.5.3.2 Mexico Microfibrillated Cellulose (MFC) Market by Application
9.2. EUROPE
9.2.1 Europe Microfibrillated Cellulose (MFC) Market Overview
9.2.2 Europe Microfibrillated Cellulose (MFC) Market Forecasts and Analysis
9.2.3 Europe Microfibrillated Cellulose (MFC) Market Forecasts and Analysis - By Product Type
9.2.4 Europe Microfibrillated Cellulose (MFC) Market Forecasts and Analysis - By Application
9.2.5 Europe Microfibrillated Cellulose (MFC) Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Microfibrillated Cellulose (MFC) Market
9.2.5.1.1 Germany Microfibrillated Cellulose (MFC) Market by Product Type
9.2.5.1.2 Germany Microfibrillated Cellulose (MFC) Market by Application
9.2.5.2 France Microfibrillated Cellulose (MFC) Market
9.2.5.2.1 France Microfibrillated Cellulose (MFC) Market by Product Type
9.2.5.2.2 France Microfibrillated Cellulose (MFC) Market by Application
9.2.5.3 Italy Microfibrillated Cellulose (MFC) Market
9.2.5.3.1 Italy Microfibrillated Cellulose (MFC) Market by Product Type
9.2.5.3.2 Italy Microfibrillated Cellulose (MFC) Market by Application
9.2.5.4 United Kingdom Microfibrillated Cellulose (MFC) Market
9.2.5.4.1 United Kingdom Microfibrillated Cellulose (MFC) Market by Product Type
9.2.5.4.2 United Kingdom Microfibrillated Cellulose (MFC) Market by Application
9.2.5.5 Russia Microfibrillated Cellulose (MFC) Market
9.2.5.5.1 Russia Microfibrillated Cellulose (MFC) Market by Product Type
9.2.5.5.2 Russia Microfibrillated Cellulose (MFC) Market by Application
9.2.5.6 Rest of Europe Microfibrillated Cellulose (MFC) Market
9.2.5.6.1 Rest of Europe Microfibrillated Cellulose (MFC) Market by Product Type
9.2.5.6.2 Rest of Europe Microfibrillated Cellulose (MFC) Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Microfibrillated Cellulose (MFC) Market Overview
9.3.2 Asia-Pacific Microfibrillated Cellulose (MFC) Market Forecasts and Analysis
9.3.3 Asia-Pacific Microfibrillated Cellulose (MFC) Market Forecasts and Analysis - By Product Type
9.3.4 Asia-Pacific Microfibrillated Cellulose (MFC) Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Microfibrillated Cellulose (MFC) Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Microfibrillated Cellulose (MFC) Market
9.3.5.1.1 Australia Microfibrillated Cellulose (MFC) Market by Product Type
9.3.5.1.2 Australia Microfibrillated Cellulose (MFC) Market by Application
9.3.5.2 China Microfibrillated Cellulose (MFC) Market
9.3.5.2.1 China Microfibrillated Cellulose (MFC) Market by Product Type
9.3.5.2.2 China Microfibrillated Cellulose (MFC) Market by Application
9.3.5.3 India Microfibrillated Cellulose (MFC) Market
9.3.5.3.1 India Microfibrillated Cellulose (MFC) Market by Product Type
9.3.5.3.2 India Microfibrillated Cellulose (MFC) Market by Application
9.3.5.4 Japan Microfibrillated Cellulose (MFC) Market
9.3.5.4.1 Japan Microfibrillated Cellulose (MFC) Market by Product Type
9.3.5.4.2 Japan Microfibrillated Cellulose (MFC) Market by Application
9.3.5.5 South Korea Microfibrillated Cellulose (MFC) Market
9.3.5.5.1 South Korea Microfibrillated Cellulose (MFC) Market by Product Type
9.3.5.5.2 South Korea Microfibrillated Cellulose (MFC) Market by Application
9.3.5.6 Rest of Asia-Pacific Microfibrillated Cellulose (MFC) Market
9.3.5.6.1 Rest of Asia-Pacific Microfibrillated Cellulose (MFC) Market by Product Type
9.3.5.6.2 Rest of Asia-Pacific Microfibrillated Cellulose (MFC) Market by Application
9.4. SOUTH AND CENTRAL AMERICA
9.4.1 South and Central America Microfibrillated Cellulose (MFC) Market Overview
9.4.2 South and Central America Microfibrillated Cellulose (MFC) Market Forecasts and Analysis
9.4.3 South and Central America Microfibrillated Cellulose (MFC) Market Forecasts and Analysis - By Product Type
9.4.4 South and Central America Microfibrillated Cellulose (MFC) Market Forecasts and Analysis - By Application
9.4.5 South and Central America Microfibrillated Cellulose (MFC) Market Forecasts and Analysis - By Countries
9.4.5.1 Brazil Microfibrillated Cellulose (MFC) Market
9.4.5.1.1 Brazil Microfibrillated Cellulose (MFC) Market by Product Type
9.4.5.1.2 Brazil Microfibrillated Cellulose (MFC) Market by Application
9.4.5.2 Argentina Microfibrillated Cellulose (MFC) Market
9.4.5.2.1 Argentina Microfibrillated Cellulose (MFC) Market by Product Type
9.4.5.2.2 Argentina Microfibrillated Cellulose (MFC) Market by Application
9.4.5.3 Rest of South and Central America Microfibrillated Cellulose (MFC) Market
9.4.5.3.1 Rest of South and Central America Microfibrillated Cellulose (MFC) Market by Product Type
9.4.5.3.2 Rest of South and Central America Microfibrillated Cellulose (MFC) Market by Application
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. MICROFIBRILLATED CELLULOSE (MFC) MARKET, KEY COMPANY PROFILES
11.1. BBORREGAARD
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. CELLUCOMP
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. DAICEL FINECHEM. LTD.
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. FIBERLEAN TECHNOLOGIES LIMITED
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. NIPPON PAPER GROUP
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. NORSKE SKOG
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. SAPPI
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. STORA ENSO
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. SUZANO
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. WEIDMANN FIBER TECHNOLOGY
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. Bborregaard
2. CelluComp
3. Daicel FineChem. Ltd.
4. FiberLean Technologies Limited
5. Nippon Paper Group
6. Norske Skog
7. Sappi
8. Stora Enso
9. Suzano
10. Weidmann Fiber Technology
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.