Polyurethane Sealants Market Strategic Insights 2021-2031
The Polyurethane Sealants Market is expected to register a CAGR of 5.6% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report is segmented by By Type (One Component and Two Component). The report is also segmented based on End-Use Industry (Building and Construction, Automotive, General Industrial, Marine, and Others). The report scope covers 5 regions: North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America and key countries under each region. The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Polyurethane Sealants 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.
Polyurethane Sealants Market Segmentation
Type- One Component and Two Component
- Building and Construction
- Automotive
- General Industrial
- Marine
- Others
Strategic Insights
Polyurethane Sealants Market Growth Drivers- Rising Demand for Polyurethane Sealants in Global Construction and Infrastructure: One main driver for the polyurethane sealants market is the increasing construction and infrastructure development across the globe. With the ever-increasing rate of urbanization and population growth, there is an increased demand for residential, commercial, and industrial buildings. Polyurethane sealants form an essential part of these projects as they have superior adhesion, flexibility, and durability that make them suitable for sealing joints and gaps.
- Polyurethane Sealants in Ensuring Longevity and Quality in Construction: Polyurethane sealants also, for instance have gained popularity in construction because they guarantee quality performance in various environmental conditions. Long-lasting protection against moisture, air, and dust infiltration is essential in maintaining the integrity of structures, and such a demand for quality and longevity in construction works is likely to see the quest for high-performance sealants such as polyurethane significantly increase.
- Government Infrastructure Projects: In addition, projects initiated by the government concerning infrastructure create a demand for the material. Most countries update their existing infrastructures and construct new facilities, hence forming a solid market for construction materials of all kinds, including polyurethane sealants. Manufacturers thus have an immense opportunity to introduce new products in the market to accommodate changing conditions.
- Shift Towards Sustainable Polyurethane Sealants: Consumer preference to polyurethane sealants has moved towards mainly sustainable sealant solutions. These firms are concentrating on the improvement of ecological friendly products that limit their damage to the environment. It is pressed by regulatory factors and consumers' demand in terms of a more sustainable building material.
- Growing Adoption of Eco-Friendly Polyurethane Sealants in the Construction Industry: In this regard, the construction industry in particular is adopting sustainable practices, which results in a growing tendency to opt for more VOC-lean, renewable-source-based sealants. Polyurethane sealants that meet these requirements contribute to healthier indoor air quality and better align with the generally adopted green building certifications; therefore, they are more attractive to sustainability-focused builders and architects.
- Technological Innovations Driving the Development of High-Performance Sustainable Polyurethane Sealants: Technological advancements are now enabling the development of high-performance, sustainable polyurethane sealants that do not compromise with quality. These innovations enable producers to manufacture products that deliver excellent adhesion, flexibility, and durability while featuring a very gentle environment profile. Going forward, the trend towards sustainability is bound to keep growing higher and higher, and this will make the demand for eco-friendly polyurethane sealants increase, thereby presenting huge potential for expansion in the market.
- Smart City Initiatives: Smart city initiatives are a significant opportunity for the polyurethane sealants market. The increasing adoption of smart technologies by urban areas is likely to enhance infrastructure and improve lifestyle. Such demand is expected to further increase demand for advanced construction materials such as polyurethane sealants, which form crucial requirements for durable and efficient smart buildings and infrastructure.
- Role in Enhancing Energy Efficiency and Sustainability in Smart Buildings: Materials for smart cities must demonstrate resistance to numerous environmental pressures while offering outstanding sealing properties. Polyurethane sealants offer excellent application in smart buildings, which involve sealing of joints and gaps in the facade, window and roof areas. Superior adhesion and flexibility characteristics ensure energy efficiency and sustainability compatible with the targets of smart city developments.
- IoT Integration in Smart Cities Boosting the Demand for Reliable Polyurethane Sealants: Further, integration of IoT technologies in construction projects calls for reliable sealing solutions that can accommodate the installation of sensors and other smart devices. With cities offering infrastructure that includes smart technologies, the demand for high-performance polyurethane sealants is likely to rise. This trend will give manufacturers an opportunity to innovate and address the changing needs of the construction industry regarding smart city initiatives.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Polyurethane Sealants 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 Polyurethane Sealants 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
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The Polyurethane Sealants Market is estimated to witness a CAGR of 5.6% from 2023 to 2031
Growing construction and infrastructure development is driving the market growth
Increasing focus on sustainable sealant solutions is one of the key trends for the market growth.
Arkema S.A., BASF, Hodgson Sealants, Kommerling Chemische Fabrik Kg, Mapei S.p.A., PCI Augsburg GmbH, Selena Co. SA, Sika AG, Splendor Industry Company Limited, and Sunstar Engineering Inc. are among the leading players operating in the polyurethane sealants market.
The report can be delivered in PDF/Word format, we can also share excel data sheet based on request.
Based on geography, Asia Pacific is expected to register the fastest CAGR 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 Polyurethane Sealants Market - By Type
1.3.2 Polyurethane Sealants Market - By End use industry
1.3.3 Polyurethane Sealants Market - By Region
1.3.3.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. POLYURETHANE SEALANTS 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. POLYURETHANE SEALANTS 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. POLYURETHANE SEALANTS MARKET - GLOBAL MARKET ANALYSIS
6.1. POLYURETHANE SEALANTS - GLOBAL MARKET OVERVIEW
6.2. POLYURETHANE SEALANTS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. POLYURETHANE SEALANTS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. ONE COMPONENT
7.3.1. Overview
7.3.2. One component Market Forecast and Analysis
7.4. TWO COMPONENT
7.4.1. Overview
7.4.2. Two component Market Forecast and Analysis
8. POLYURETHANE SEALANTS MARKET - REVENUE AND FORECASTS TO 2028 - END USE INDUSTRY
8.1. OVERVIEW
8.2. END USE INDUSTRY MARKET FORECASTS AND ANALYSIS
8.3. BUILDING AND CONSTRUCTION
8.3.1. Overview
8.3.2. Building and Construction Market Forecast and Analysis
8.4. AUTOMOTIVE
8.4.1. Overview
8.4.2. Automotive Market Forecast and Analysis
8.5. GENERAL INDUSTRIAL
8.5.1. Overview
8.5.2. General Industrial Market Forecast and Analysis
8.6. MARINE
8.6.1. Overview
8.6.2. Marine Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. POLYURETHANE SEALANTS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Polyurethane Sealants Market Overview
9.1.2 North America Polyurethane Sealants Market Forecasts and Analysis
9.1.3 North America Polyurethane Sealants Market Forecasts and Analysis - By Type
9.1.4 North America Polyurethane Sealants Market Forecasts and Analysis - By End use industry
9.1.5 North America Polyurethane Sealants Market Forecasts and Analysis - By Countries
9.1.5.1 Canada Polyurethane Sealants Market
9.1.5.1.1 Canada Polyurethane Sealants Market by Type
9.1.5.1.2 Canada Polyurethane Sealants Market by End use industry
9.1.5.2 Mexico Polyurethane Sealants Market
9.1.5.2.1 Mexico Polyurethane Sealants Market by Type
9.1.5.2.2 Mexico Polyurethane Sealants Market by End use industry
9.1.5.3 US Polyurethane Sealants Market
9.1.5.3.1 US Polyurethane Sealants Market by Type
9.1.5.3.2 US Polyurethane Sealants Market by End use industry
9.2. EUROPE
9.2.1 Europe Polyurethane Sealants Market Overview
9.2.2 Europe Polyurethane Sealants Market Forecasts and Analysis
9.2.3 Europe Polyurethane Sealants Market Forecasts and Analysis - By Type
9.2.4 Europe Polyurethane Sealants Market Forecasts and Analysis - By End use industry
9.2.5 Europe Polyurethane Sealants Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Polyurethane Sealants Market
9.2.5.1.1 Germany Polyurethane Sealants Market by Type
9.2.5.1.2 Germany Polyurethane Sealants Market by End use industry
9.2.5.2 France Polyurethane Sealants Market
9.2.5.2.1 France Polyurethane Sealants Market by Type
9.2.5.2.2 France Polyurethane Sealants Market by End use industry
9.2.5.3 Italy Polyurethane Sealants Market
9.2.5.3.1 Italy Polyurethane Sealants Market by Type
9.2.5.3.2 Italy Polyurethane Sealants Market by End use industry
9.2.5.4 United Kingdom Polyurethane Sealants Market
9.2.5.4.1 United Kingdom Polyurethane Sealants Market by Type
9.2.5.4.2 United Kingdom Polyurethane Sealants Market by End use industry
9.2.5.5 Russia Polyurethane Sealants Market
9.2.5.5.1 Russia Polyurethane Sealants Market by Type
9.2.5.5.2 Russia Polyurethane Sealants Market by End use industry
9.2.5.6 Rest of Europe Polyurethane Sealants Market
9.2.5.6.1 Rest of Europe Polyurethane Sealants Market by Type
9.2.5.6.2 Rest of Europe Polyurethane Sealants Market by End use industry
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Polyurethane Sealants Market Overview
9.3.2 Asia-Pacific Polyurethane Sealants Market Forecasts and Analysis
9.3.3 Asia-Pacific Polyurethane Sealants Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Polyurethane Sealants Market Forecasts and Analysis - By End use industry
9.3.5 Asia-Pacific Polyurethane Sealants Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Polyurethane Sealants Market
9.3.5.1.1 Australia Polyurethane Sealants Market by Type
9.3.5.1.2 Australia Polyurethane Sealants Market by End use industry
9.3.5.2 China Polyurethane Sealants Market
9.3.5.2.1 China Polyurethane Sealants Market by Type
9.3.5.2.2 China Polyurethane Sealants Market by End use industry
9.3.5.3 India Polyurethane Sealants Market
9.3.5.3.1 India Polyurethane Sealants Market by Type
9.3.5.3.2 India Polyurethane Sealants Market by End use industry
9.3.5.4 Japan Polyurethane Sealants Market
9.3.5.4.1 Japan Polyurethane Sealants Market by Type
9.3.5.4.2 Japan Polyurethane Sealants Market by End use industry
9.3.5.5 South Korea Polyurethane Sealants Market
9.3.5.5.1 South Korea Polyurethane Sealants Market by Type
9.3.5.5.2 South Korea Polyurethane Sealants Market by End use industry
9.3.5.6 Rest of Asia-Pacific Polyurethane Sealants Market
9.3.5.6.1 Rest of Asia-Pacific Polyurethane Sealants Market by Type
9.3.5.6.2 Rest of Asia-Pacific Polyurethane Sealants Market by End use industry
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Polyurethane Sealants Market Overview
9.4.2 Middle East and Africa Polyurethane Sealants Market Forecasts and Analysis
9.4.3 Middle East and Africa Polyurethane Sealants Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Polyurethane Sealants Market Forecasts and Analysis - By End use industry
9.4.5 Middle East and Africa Polyurethane Sealants Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Polyurethane Sealants Market
9.4.5.1.1 South Africa Polyurethane Sealants Market by Type
9.4.5.1.2 South Africa Polyurethane Sealants Market by End use industry
9.4.5.2 Saudi Arabia Polyurethane Sealants Market
9.4.5.2.1 Saudi Arabia Polyurethane Sealants Market by Type
9.4.5.2.2 Saudi Arabia Polyurethane Sealants Market by End use industry
9.4.5.3 U.A.E Polyurethane Sealants Market
9.4.5.3.1 U.A.E Polyurethane Sealants Market by Type
9.4.5.3.2 U.A.E Polyurethane Sealants Market by End use industry
9.4.5.4 Rest of Middle East and Africa Polyurethane Sealants Market
9.4.5.4.1 Rest of Middle East and Africa Polyurethane Sealants Market by Type
9.4.5.4.2 Rest of Middle East and Africa Polyurethane Sealants Market by End use industry
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Polyurethane Sealants Market Overview
9.5.2 South and Central America Polyurethane Sealants Market Forecasts and Analysis
9.5.3 South and Central America Polyurethane Sealants Market Forecasts and Analysis - By Type
9.5.4 South and Central America Polyurethane Sealants Market Forecasts and Analysis - By End use industry
9.5.5 South and Central America Polyurethane Sealants Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Polyurethane Sealants Market
9.5.5.1.1 Brazil Polyurethane Sealants Market by Type
9.5.5.1.2 Brazil Polyurethane Sealants Market by End use industry
9.5.5.2 Argentina Polyurethane Sealants Market
9.5.5.2.1 Argentina Polyurethane Sealants Market by Type
9.5.5.2.2 Argentina Polyurethane Sealants Market by End use industry
9.5.5.3 Rest of South and Central America Polyurethane Sealants Market
9.5.5.3.1 Rest of South and Central America Polyurethane Sealants Market by Type
9.5.5.3.2 Rest of South and Central America Polyurethane Sealants Market by End use industry
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. POLYURETHANE SEALANTS MARKET, KEY COMPANY PROFILES
11.1. ARKEMA S.A.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BASF
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. HODGSON SEALANTS
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. KöMMERLING CHEMISCHE FABRIK KG
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. MAPEI S.P.A.
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. PCI AUGSBURG GMBH
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. SELENA CO., SA
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. SIKA AG
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. SPLENDOR INDUSTRY COMPANY LIMITED
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. SUNSTAR ENGINEERING,INC.
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. Arkema S. A.
2. BASF
3. Hodgson Sealants
4. Kommerling Chemische Fabrik Kg
5. Mapei S. p. A.
6. PCI Augsburg GmbH
7. Selena Co. , SA
8. Sika AG
9. Splendor Industry Company Limited
10. Sunstar Engineering,Inc.
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.