Recycled Asphalt Market Forecast, Trends, Scope by 2031
The Recycled Asphalt Market is expected to register a CAGR of 7.4% 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 (hot recycling and cold recycling). The report is segmented by type (black, white, brown, gray, and white). The report further presents an analysis based on the application (path material, hot-mix asphalt, temporary driveways and roads, road aggregate for unpaved roadways, interlocking bricks, new asphalt shingles, and energy recovery). The report scope covers five 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 the regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Recycled Asphalt 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.
Recycled Asphalt Market Segmentation
Product Type- Hot Recycling and Cold Recycling
- Black
- White
- Brown
- Gray
- White
- Path Material
- Hot-mix Asphalt
- Temporary Driveways and Roads
- Road Aggregate for Unpaved Roadways
- Interlocking Bricks
- New Asphalt Shingles
- Energy Recovery
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Strategic Insights
Recycled Asphalt Market Growth Drivers- Environmental Awareness and Sustainability: The primary stimulus for the recycled asphalt market is the awareness of environmental issues. Asphalt is one of the most utilized materials in road construction and generates a lot of carbon emissions and energy usage. Recycling asphalt reduces new raw material requirements, lowers energy consumption, and decreases the carbon footprint of asphalt production. This fits the global sustainability targets, and recycled asphalt is an excellent choice for environmentally conscious businesses and governments.
- Government Regulations and Policies: Most nations globally are adopting laws and regulations that promote the adoption of green materials in construction and infrastructural works. For example, in the United States of America, the EPA promotes the adoption of recycled asphalt pavement through different agendas. In the same trend, European Union policies provide regulation on the minimization of construction waste and material recyclability, which increases the adoption of recycled asphalt during road works. These policies drive demand for recycled asphalt because they encourage construction companies to realize their sustainability targets and avoid punitive measures.
- Cost-Effectiveness of Recycled Asphalt: The use of recycled asphalt is cost-effective, being a factor that would spur its uptake in the construction world. Recycled asphalt is cheaper than newly manufactured asphalt, mainly because of cheaper material and transportation costs. This is critical in places where raw material prices are going up while transport costs are high. Using recycled asphalt will help in saving money in terms of cost without compromising the quality and durability to be retained in highways, thus making it a desirable choice for government and private infrastructure projects.
- Technological Advancements in Asphalt Recycling: The advent of modern technology has improved the quality and efficiency of asphalt recycling. New technologies such as cold in-place recycling (CIR) and hot in-place recycling (HIR) are also widely used to maintain and repair roads nowadays. This method involves onsite processing of the existing asphalt with minimal waste and reduced distance over long distances. In addition, advances in asphalt rejuvenators and additives continually improve the performance of recycled asphalt, making it a more usable option for a broader class of applications.
- Urbanization Driving Recycled Asphalt Demand: Demand for recycled asphalt is on the rise within urban areas because of increasing rates of repair and maintenance of roads within these areas. Urbanization increases rates of traffic, which speed up the deterioration of roads. The use of recycled asphalt in resurfacing, pothole repair, and other urban infrastructure projects is more common since it is cheaper than virgin materials and takes a shorter time to implement. As cities grow and their infrastructure ages, the use of recycled asphalt to extend the life of roads is a trend that is on the rise.
- Circular Economy and Sustainability: The trend for the circular economy is on the rise and cannot be left behind with the asphalt industry. The construction sector can play its role in a more sustainable circular supply chain by reusing available materials like asphalt. The factors aligning with asphalt recycling include saving natural resources and minimizing waste. Companies are focusing on the development of closed-loop systems in which asphalt is recycled into new road materials
- Urbanization and Infrastructure Growth in Developing Countries: With rapid urbanization and infrastructural growth in developing countries, there is a massive opportunity for the adoption of recycled asphalt. These regions are under pressure to build and maintain road networks efficiently and cost-effectively. By adding recycled asphalt to road construction projects, these countries can cut raw material costs while working toward sustainability initiatives. On the other hand, this infrastructure growth in these regions presents a massive untapped market for recycled asphalt suppliers and contractors.
- Road Maintenance and Rehabilitation in Developed Markets: The maintenance and rehabilitation of the roads create an opportunity for asphalt recycling as repaving and repairing roads become important when infrastructure ages in developed markets. Recycling asphalt is generally less expensive but just as durable as new material. Governments and municipalities will continue to use recycled asphalt, thus reducing environmental impacts while controlling maintenance costs through a key market opportunity for firms involved in asphalt recycling operations.
- Expansion Beyond Traditional Road Applications: It is now used widely in applications in construction away from roadwork, including parking lot, drive, and foundation preparation works for buildings. Diversification to this wide field opens an expanded market as well as new business for any firm whose ability is capable of the provision of recycled asphalt qualities. This means it shall see much-extended application of residential and commercial use once these become acceptable, it's more extensive utilization to benefit beyond the mere traditional application for road network development.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Recycled Asphalt 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 Recycled Asphalt 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.
REGIONAL FRAMEWORK
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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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to country scope.
Frequently Asked Questions
Increased use of urban infrastructure is expected to be the key market trend.
The report can be delivered in PDF/Word format, we can also share excel data sheet based on request.
On the basis of geography, the recycled asphalt market is classified into North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America
Oldcastle Materials Inc, Holcim AG, CRH Americas Inc, Vulcan Materials Co, Reclaimed Asphalt Pavement (RAP) Inc, Granite Construction Inc, Syar Industries LLC, Pioneer Materials Inc, and Simpson Materials Co
The major factors driving the recycled asphalt market are:
1. Sustainability and Environmental Concerns.
2. Cost Efficiency and Resource Availability.
The Recycled Asphalt Market is estimated to witness a CAGR of 7.4% 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 Recycled Asphalt Market - By Type
1.3.2 Recycled Asphalt Market - By Application
1.3.3 Recycled Asphalt Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. RECYCLED ASPHALT MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. RECYCLED ASPHALT 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. RECYCLED ASPHALT MARKET - GLOBAL MARKET ANALYSIS
6.1. RECYCLED ASPHALT - GLOBAL MARKET OVERVIEW
6.2. RECYCLED ASPHALT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. RECYCLED ASPHALT MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. HOT RECYCLING
7.3.1. Overview
7.3.2. Hot Recycling Market Forecast and Analysis
7.4. COLD RECYCLING
7.4.1. Overview
7.4.2. Cold Recycling Market Forecast and Analysis
8. RECYCLED ASPHALT MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. PATCH MATERIAL
8.3.1. Overview
8.3.2. Patch Material Market Forecast and Analysis
8.4. HOT-MIX ASPHALT
8.4.1. Overview
8.4.2. Hot-Mix Asphalt Market Forecast and Analysis
8.5. TEMPORARY DRIVEWAYS AND ROADS
8.5.1. Overview
8.5.2. Temporary Driveways and Roads Market Forecast and Analysis
8.6. INTERLOCKING BRICKS
8.6.1. Overview
8.6.2. Interlocking Bricks Market Forecast and Analysis
8.7. ENERGY RECOVERY
8.7.1. Overview
8.7.2. Energy Recovery Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. RECYCLED ASPHALT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Recycled Asphalt Market Overview
9.1.2 North America Recycled Asphalt Market Forecasts and Analysis
9.1.3 North America Recycled Asphalt Market Forecasts and Analysis - By Type
9.1.4 North America Recycled Asphalt Market Forecasts and Analysis - By Application
9.1.5 North America Recycled Asphalt Market Forecasts and Analysis - By Countries
9.1.5.1 United States Recycled Asphalt Market
9.1.5.1.1 United States Recycled Asphalt Market by Type
9.1.5.1.2 United States Recycled Asphalt Market by Application
9.1.5.2 Canada Recycled Asphalt Market
9.1.5.2.1 Canada Recycled Asphalt Market by Type
9.1.5.2.2 Canada Recycled Asphalt Market by Application
9.1.5.3 Mexico Recycled Asphalt Market
9.1.5.3.1 Mexico Recycled Asphalt Market by Type
9.1.5.3.2 Mexico Recycled Asphalt Market by Application
9.2. EUROPE
9.2.1 Europe Recycled Asphalt Market Overview
9.2.2 Europe Recycled Asphalt Market Forecasts and Analysis
9.2.3 Europe Recycled Asphalt Market Forecasts and Analysis - By Type
9.2.4 Europe Recycled Asphalt Market Forecasts and Analysis - By Application
9.2.5 Europe Recycled Asphalt Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Recycled Asphalt Market
9.2.5.1.1 Germany Recycled Asphalt Market by Type
9.2.5.1.2 Germany Recycled Asphalt Market by Application
9.2.5.2 France Recycled Asphalt Market
9.2.5.2.1 France Recycled Asphalt Market by Type
9.2.5.2.2 France Recycled Asphalt Market by Application
9.2.5.3 Italy Recycled Asphalt Market
9.2.5.3.1 Italy Recycled Asphalt Market by Type
9.2.5.3.2 Italy Recycled Asphalt Market by Application
9.2.5.4 United Kingdom Recycled Asphalt Market
9.2.5.4.1 United Kingdom Recycled Asphalt Market by Type
9.2.5.4.2 United Kingdom Recycled Asphalt Market by Application
9.2.5.5 Russia Recycled Asphalt Market
9.2.5.5.1 Russia Recycled Asphalt Market by Type
9.2.5.5.2 Russia Recycled Asphalt Market by Application
9.2.5.6 Rest of Europe Recycled Asphalt Market
9.2.5.6.1 Rest of Europe Recycled Asphalt Market by Type
9.2.5.6.2 Rest of Europe Recycled Asphalt Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Recycled Asphalt Market Overview
9.3.2 Asia-Pacific Recycled Asphalt Market Forecasts and Analysis
9.3.3 Asia-Pacific Recycled Asphalt Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Recycled Asphalt Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Recycled Asphalt Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Recycled Asphalt Market
9.3.5.1.1 Australia Recycled Asphalt Market by Type
9.3.5.1.2 Australia Recycled Asphalt Market by Application
9.3.5.2 China Recycled Asphalt Market
9.3.5.2.1 China Recycled Asphalt Market by Type
9.3.5.2.2 China Recycled Asphalt Market by Application
9.3.5.3 India Recycled Asphalt Market
9.3.5.3.1 India Recycled Asphalt Market by Type
9.3.5.3.2 India Recycled Asphalt Market by Application
9.3.5.4 Japan Recycled Asphalt Market
9.3.5.4.1 Japan Recycled Asphalt Market by Type
9.3.5.4.2 Japan Recycled Asphalt Market by Application
9.3.5.5 South Korea Recycled Asphalt Market
9.3.5.5.1 South Korea Recycled Asphalt Market by Type
9.3.5.5.2 South Korea Recycled Asphalt Market by Application
9.3.5.6 Rest of Asia-Pacific Recycled Asphalt Market
9.3.5.6.1 Rest of Asia-Pacific Recycled Asphalt Market by Type
9.3.5.6.2 Rest of Asia-Pacific Recycled Asphalt Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Recycled Asphalt Market Overview
9.4.2 Middle East and Africa Recycled Asphalt Market Forecasts and Analysis
9.4.3 Middle East and Africa Recycled Asphalt Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Recycled Asphalt Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Recycled Asphalt Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Recycled Asphalt Market
9.4.5.1.1 South Africa Recycled Asphalt Market by Type
9.4.5.1.2 South Africa Recycled Asphalt Market by Application
9.4.5.2 Saudi Arabia Recycled Asphalt Market
9.4.5.2.1 Saudi Arabia Recycled Asphalt Market by Type
9.4.5.2.2 Saudi Arabia Recycled Asphalt Market by Application
9.4.5.3 U.A.E Recycled Asphalt Market
9.4.5.3.1 U.A.E Recycled Asphalt Market by Type
9.4.5.3.2 U.A.E Recycled Asphalt Market by Application
9.4.5.4 Rest of Middle East and Africa Recycled Asphalt Market
9.4.5.4.1 Rest of Middle East and Africa Recycled Asphalt Market by Type
9.4.5.4.2 Rest of Middle East and Africa Recycled Asphalt Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Recycled Asphalt Market Overview
9.5.2 South and Central America Recycled Asphalt Market Forecasts and Analysis
9.5.3 South and Central America Recycled Asphalt Market Forecasts and Analysis - By Type
9.5.4 South and Central America Recycled Asphalt Market Forecasts and Analysis - By Application
9.5.5 South and Central America Recycled Asphalt Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Recycled Asphalt Market
9.5.5.1.1 Brazil Recycled Asphalt Market by Type
9.5.5.1.2 Brazil Recycled Asphalt Market by Application
9.5.5.2 Argentina Recycled Asphalt Market
9.5.5.2.1 Argentina Recycled Asphalt Market by Type
9.5.5.2.2 Argentina Recycled Asphalt Market by Application
9.5.5.3 Rest of South and Central America Recycled Asphalt Market
9.5.5.3.1 Rest of South and Central America Recycled Asphalt Market by Type
9.5.5.3.2 Rest of South and Central America Recycled Asphalt 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. RECYCLED ASPHALT MARKET, KEY COMPANY PROFILES
11.1. CERTAINTEED
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. GAF MATERIALS
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. OLDCASTLE MATERIALS
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. OWENS CORNING
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. SINOPEC
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. SHELL
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. BITUMEN CORPORATION
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. CHERRY COMPANIES
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. LONE STAR PAVING
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. BODEAN COMPANY
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. CertainTeed
2. GAF Materials
3. Oldcastle Materials
4. Owens Corning
5. Sinopec
6. Shell
7. Bitumen Corporation
8. Cherry Companies
9. Lone Star Paving
10. Bodean 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.
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