Slip Additives Market Growth Report 2021-2031
The Slip Additives Market is expected to register a CAGR of 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 resin (polyethylene, polypropylene and others) and type (fatty amides, waxes and others). The report further presents analysis based on end use (packaging, food and beverages, consumer durables, healthcare and others). The global analysis is further broken-down at regional level and major countries. The market size and forecast at global, regional, and country levels for all the key market segments are covered under the scope. The report offers the value in USD for the above analysis and segments. The report provides key statistics on the market status of the key market players and offers market trends and opportunities.
Purpose of the ReportThe report Slip Additives 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.
Slip Additives Market Segmentation
Resin- Polyethylene
- Polypropylene and Others
- Fatty Amides
- Waxes and Others
- Packaging
- Food and Beverages
- Consumer Durables
- Healthcare and Others
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Strategic Insights
Slip Additives Market Growth Drivers- Growing demand for flexible packaging materials: The expansion of the slip additives market is mainly due to the increasing flexible packaging demands in various sectors especially food and beverages, pharmaceuticals, and consumer goods. The packaging industry has leaned more towards flexible packaging because of its lightweight, saving space, and cost-effective benefits. Slip additives are among the components that enhance the performance of flexible packaging materials due to their function of reducing friction between the layers to allow easy and effective packaging operations and also easy handling in operations other than packaging.
- High demand for high-performance materials: As the quality and performance of products realized by most industries improve, the need for high-performance materials is increasing. Slip additives improve the quality characteristics of plastic films and coatings, particularly their surfaces, blockage prevention, and performance of the finished product. The quality aspect is paramount, especially in food packaging, ensuring the safety and quality of the packed food.
- Green packaging: The increasing adherence to green practices and environmental laws affects the scope of the slip additives market. Manufacturers need to develop green packaging well suited to the usage demand of plastics and waste management. There is still a change in personal attitudes and behaviors towards such a vision that encourages people to use more sustainable slip additives.
- Product innovations: The current trends in developing slip additives are increasing their efficacy and usefulness. Newer slip additives are being manufactured with such characteristics as enhanced polymer compatibility and thermal stability. This is making it possible to develop film and coating systems with advanced performance characteristics aimed at the needs of the end users in various industries.
- Advanced manufacturing techniques: There is a shifting paradigm in production processes, and digital technologies are being introduced. This is changing the dynamics of the market for slip additives. Manufacturers are looking for effective production methods such as automating the process, excessive operation, or any real-time monitoring to ensure that production output is adequate and the quality of the produced goods is very high. Digital technologies enhance the control of slip additives at the stage of their formulation and application, improving the finished product's guaranteed performance.
- New product launch and expansion: Key companies improve the range of products offered to customers to penetrate new areas of the market. Such partnerships mostly embrace research and technology advancements in producing additive designs for the appropriate uses. This enables companies to launch new products faster and improve their market competitiveness.
- Personalized solutions: There is an increasing potential for the companies engaged in manufacturing to come up with personalized slip additives that meet the application in question or industry demands. By providing tailor-made compositions that meet the varied demands of different segments like food packaging, drug production, and manufacturing, the firms in the industry will increase their value offering and reach out to more clients. Customization can be in the form of changes in slip characteristics, suitability to certain types of polymers, and how it performs under given conditions.
- Growth of the Asia Pacific market: The slip additives market is particularly ripe for growth, especially in the Asia-Pacific and Latin America developing countries. The regional fast industrial developments and the growing appetite for consumer packaged goods will likely increase the demand for efficient slip additives. The companies can exploit this uptrend by setting up indigenous plants and managing alliances with indigenous companies in the concerned regions.
- Growing scope of applications: The flexibility of slip additives also creates avenues for imaginative uses in industries such as automobile, electronics and construction, where such applications are uncommon. Coatings and films used in these industries can also be enhanced through slip additives by improving surface attributes, among other factors, and lowering wear, which is another form of friction. By innovating these new uses, producers will be able to increase the range of products they offer and explore new markets requiring advanced materials.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Slip Additives 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 Slip Additives 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
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
Innovation in additive formulations is expected to be the key market trends
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 slip additives market is classified into North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America
Avantor Performance Materials Inc.; BASF SE; Bio-Rad Laboratories, Inc.; ALTANA; Croda International Plc are some of the key players operating in the slip additives market
The Slip Additives Market is estimated to witness a CAGR of 4% from 2023 to 2031
Growing demand for flexible packaging is driving the market growth
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Slip Additives Market - By Type
1.3.2 Slip Additives Market - By Carrier Resin
1.3.3 Slip Additives Market - By Application
1.3.4 Slip Additives Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. SLIP ADDITIVES 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. SLIP ADDITIVES 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. SLIP ADDITIVES MARKET - GLOBAL MARKET ANALYSIS
6.1. SLIP ADDITIVES - GLOBAL MARKET OVERVIEW
6.2. SLIP ADDITIVES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. SLIP ADDITIVES MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. FATTY AMIDES
7.3.1. Overview
7.3.2. Fatty Amides Market Forecast and Analysis
7.4. WAXES AND POLYSILOXANES
7.4.1. Overview
7.4.2. Waxes and Polysiloxanes Market Forecast and Analysis
7.5. OTHERS
7.5.1. Overview
7.5.2. Others Market Forecast and Analysis
8. SLIP ADDITIVES MARKET - REVENUE AND FORECASTS TO 2028 - CARRIER RESIN
8.1. OVERVIEW
8.2. CARRIER RESIN MARKET FORECASTS AND ANALYSIS
8.3. PE
8.3.1. Overview
8.3.2. PE Market Forecast and Analysis
8.4. PP
8.4.1. Overview
8.4.2. PP Market Forecast and Analysis
8.5. OTHERS
8.5.1. Overview
8.5.2. Others Market Forecast and Analysis
9. SLIP ADDITIVES MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. PACKAGING
9.3.1. Overview
9.3.2. Packaging Market Forecast and Analysis
9.4. NON-PACKAGING
9.4.1. Overview
9.4.2. Non-Packaging Market Forecast and Analysis
10. SLIP ADDITIVES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Slip Additives Market Overview
10.1.2 North America Slip Additives Market Forecasts and Analysis
10.1.3 North America Slip Additives Market Forecasts and Analysis - By Type
10.1.4 North America Slip Additives Market Forecasts and Analysis - By Carrier Resin
10.1.5 North America Slip Additives Market Forecasts and Analysis - By Application
10.1.6 North America Slip Additives Market Forecasts and Analysis - By Countries
10.1.6.1 United States Slip Additives Market
10.1.6.1.1 United States Slip Additives Market by Type
10.1.6.1.2 United States Slip Additives Market by Carrier Resin
10.1.6.1.3 United States Slip Additives Market by Application
10.1.6.2 Canada Slip Additives Market
10.1.6.2.1 Canada Slip Additives Market by Type
10.1.6.2.2 Canada Slip Additives Market by Carrier Resin
10.1.6.2.3 Canada Slip Additives Market by Application
10.1.6.3 Mexico Slip Additives Market
10.1.6.3.1 Mexico Slip Additives Market by Type
10.1.6.3.2 Mexico Slip Additives Market by Carrier Resin
10.1.6.3.3 Mexico Slip Additives Market by Application
10.2. EUROPE
10.2.1 Europe Slip Additives Market Overview
10.2.2 Europe Slip Additives Market Forecasts and Analysis
10.2.3 Europe Slip Additives Market Forecasts and Analysis - By Type
10.2.4 Europe Slip Additives Market Forecasts and Analysis - By Carrier Resin
10.2.5 Europe Slip Additives Market Forecasts and Analysis - By Application
10.2.6 Europe Slip Additives Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Slip Additives Market
10.2.6.1.1 Germany Slip Additives Market by Type
10.2.6.1.2 Germany Slip Additives Market by Carrier Resin
10.2.6.1.3 Germany Slip Additives Market by Application
10.2.6.2 France Slip Additives Market
10.2.6.2.1 France Slip Additives Market by Type
10.2.6.2.2 France Slip Additives Market by Carrier Resin
10.2.6.2.3 France Slip Additives Market by Application
10.2.6.3 Italy Slip Additives Market
10.2.6.3.1 Italy Slip Additives Market by Type
10.2.6.3.2 Italy Slip Additives Market by Carrier Resin
10.2.6.3.3 Italy Slip Additives Market by Application
10.2.6.4 United Kingdom Slip Additives Market
10.2.6.4.1 United Kingdom Slip Additives Market by Type
10.2.6.4.2 United Kingdom Slip Additives Market by Carrier Resin
10.2.6.4.3 United Kingdom Slip Additives Market by Application
10.2.6.5 Russia Slip Additives Market
10.2.6.5.1 Russia Slip Additives Market by Type
10.2.6.5.2 Russia Slip Additives Market by Carrier Resin
10.2.6.5.3 Russia Slip Additives Market by Application
10.2.6.6 Rest of Europe Slip Additives Market
10.2.6.6.1 Rest of Europe Slip Additives Market by Type
10.2.6.6.2 Rest of Europe Slip Additives Market by Carrier Resin
10.2.6.6.3 Rest of Europe Slip Additives Market by Application
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Slip Additives Market Overview
10.3.2 Asia-Pacific Slip Additives Market Forecasts and Analysis
10.3.3 Asia-Pacific Slip Additives Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Slip Additives Market Forecasts and Analysis - By Carrier Resin
10.3.5 Asia-Pacific Slip Additives Market Forecasts and Analysis - By Application
10.3.6 Asia-Pacific Slip Additives Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Slip Additives Market
10.3.6.1.1 Australia Slip Additives Market by Type
10.3.6.1.2 Australia Slip Additives Market by Carrier Resin
10.3.6.1.3 Australia Slip Additives Market by Application
10.3.6.2 China Slip Additives Market
10.3.6.2.1 China Slip Additives Market by Type
10.3.6.2.2 China Slip Additives Market by Carrier Resin
10.3.6.2.3 China Slip Additives Market by Application
10.3.6.3 India Slip Additives Market
10.3.6.3.1 India Slip Additives Market by Type
10.3.6.3.2 India Slip Additives Market by Carrier Resin
10.3.6.3.3 India Slip Additives Market by Application
10.3.6.4 Japan Slip Additives Market
10.3.6.4.1 Japan Slip Additives Market by Type
10.3.6.4.2 Japan Slip Additives Market by Carrier Resin
10.3.6.4.3 Japan Slip Additives Market by Application
10.3.6.5 South Korea Slip Additives Market
10.3.6.5.1 South Korea Slip Additives Market by Type
10.3.6.5.2 South Korea Slip Additives Market by Carrier Resin
10.3.6.5.3 South Korea Slip Additives Market by Application
10.3.6.6 Rest of Asia-Pacific Slip Additives Market
10.3.6.6.1 Rest of Asia-Pacific Slip Additives Market by Type
10.3.6.6.2 Rest of Asia-Pacific Slip Additives Market by Carrier Resin
10.3.6.6.3 Rest of Asia-Pacific Slip Additives Market by Application
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Slip Additives Market Overview
10.4.2 Middle East and Africa Slip Additives Market Forecasts and Analysis
10.4.3 Middle East and Africa Slip Additives Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Slip Additives Market Forecasts and Analysis - By Carrier Resin
10.4.5 Middle East and Africa Slip Additives Market Forecasts and Analysis - By Application
10.4.6 Middle East and Africa Slip Additives Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Slip Additives Market
10.4.6.1.1 South Africa Slip Additives Market by Type
10.4.6.1.2 South Africa Slip Additives Market by Carrier Resin
10.4.6.1.3 South Africa Slip Additives Market by Application
10.4.6.2 Saudi Arabia Slip Additives Market
10.4.6.2.1 Saudi Arabia Slip Additives Market by Type
10.4.6.2.2 Saudi Arabia Slip Additives Market by Carrier Resin
10.4.6.2.3 Saudi Arabia Slip Additives Market by Application
10.4.6.3 U.A.E Slip Additives Market
10.4.6.3.1 U.A.E Slip Additives Market by Type
10.4.6.3.2 U.A.E Slip Additives Market by Carrier Resin
10.4.6.3.3 U.A.E Slip Additives Market by Application
10.4.6.4 Rest of Middle East and Africa Slip Additives Market
10.4.6.4.1 Rest of Middle East and Africa Slip Additives Market by Type
10.4.6.4.2 Rest of Middle East and Africa Slip Additives Market by Carrier Resin
10.4.6.4.3 Rest of Middle East and Africa Slip Additives Market by Application
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Slip Additives Market Overview
10.5.2 South and Central America Slip Additives Market Forecasts and Analysis
10.5.3 South and Central America Slip Additives Market Forecasts and Analysis - By Type
10.5.4 South and Central America Slip Additives Market Forecasts and Analysis - By Carrier Resin
10.5.5 South and Central America Slip Additives Market Forecasts and Analysis - By Application
10.5.6 South and Central America Slip Additives Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Slip Additives Market
10.5.6.1.1 Brazil Slip Additives Market by Type
10.5.6.1.2 Brazil Slip Additives Market by Carrier Resin
10.5.6.1.3 Brazil Slip Additives Market by Application
10.5.6.2 Argentina Slip Additives Market
10.5.6.2.1 Argentina Slip Additives Market by Type
10.5.6.2.2 Argentina Slip Additives Market by Carrier Resin
10.5.6.2.3 Argentina Slip Additives Market by Application
10.5.6.3 Rest of South and Central America Slip Additives Market
10.5.6.3.1 Rest of South and Central America Slip Additives Market by Type
10.5.6.3.2 Rest of South and Central America Slip Additives Market by Carrier Resin
10.5.6.3.3 Rest of South and Central America Slip Additives Market by Application
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. SLIP ADDITIVES MARKET, KEY COMPANY PROFILES
12.1. BASF SE
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. BYK ADDITIVES AND INSTRUMENTS
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. CRODA INTERNATIONAL PLC
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. EMERY OLEOCHEMICALS GROUP
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. EVONIK INDUSTRIES AG
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. FINE ORGANICS INDUSTRIES
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. HONEYWELL INTERNATIONAL INC.
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. LONZA
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. LUBRIZOL CORPORATION
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. PMC BIOGENIX, INC.
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. BASF SE
2. BYK Additives and Instruments
3. Croda International Plc
4. Emery Oleochemicals Group
5. Evonik Industries AG
6. Fine Organics Industries
7. Honeywell International Inc.
8. Lonza
9. Lubrizol Corporation
10. PMC Biogenix, 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.
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