Sodium Silicate Market Updates by 2031
Sodium is a highly unstable alkali metal. In order to gain stability, sodium has to give up one of its electron. When sodium is placed in water, a strong chemical reaction takes place, resulting in the formation of hydrogen and sodium hydroxide. Silicate is a family member of anions which constitutes silicon and oxygen. Sodium silicate, also known as water glass or liquid glass is a white powder which is formed by the combined synthesis of melted sodium carbonate and sodium dioxide. It is widely used in the production of silica, which is highly reactive and is increasingly demanded in various end-use industries, namely, detergent, rubber, food & beverage and paper & pulp.
MARKET DYNAMICS
Sodium silicate market is driven by an increase in demand for sodium silicate for the production of detergents, because of its good emulsifying and high buffering power. Increased application of sodium silicate in water purification because of its corrosion inhibition property also drives the growth in the market. However, the hazardous effects of sodium silicate and the presence of its substitutes may hamper the fruitful growth of the sodium silicate market. An upsurge in demand for sodium silicate in various applications such as silica gels, silica sols, paints & coatings, plastics and inks is anticipated to bolster the sodium silicate market in the near future.
MARKET SCOPE
The "Global Sodium Silicate Market Analysis to 2031" is a specialized and in-depth study of the chemical and material industry with a special focus on the global market trend analysis. The report aims to provide an overview of the sodium silicate market with detailed market segmentation by form, application, end use industry and geography. The global sodium silicate market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading sodium silicate players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global sodium silicate market is segmented on the basis of form, application, end use industry and geography. On the basis of form the market classify into solid sodium silicate and liquid sodium silicate. The market on the bais of application is broken into detergents, adhesives & sealants, elastomer, catalyst, flocculants and others. As per end use industry, the market is bifurcated into building & construction, automotive, food & beverage, oil & gas and others.
REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The sodium silicate market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the sodium silicate market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the sodium silicate market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The sodium silicate market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the sodium silicate market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the sodium silicate market in these regions.
MARKET PLAYERSThe reports cover key developments in the sodium silicate market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from sodium silicate market are anticipated to lucrative growth opportunities in the future with the rising demand for sodium silicate in the global market. Below mentioned is the list of few companies engaged in the sodium silicate market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the sodium silicate market. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last 3 years, the key development in the past five years.
- CIECH S.A
- Indo Nippon Chemical Co. Ltd.
- IQE Group
- Kiran Global Chems Limited
- Malpro Silica Pvt. Ltd.
- Occidental Petroleum Corporation
- PQ Corporation
- Shayona Group
- Sinchem Silica Gel
- Tokuyama Corporation
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Sodium Silicate Market - By Form
1.3.2 Sodium Silicate Market - By Application
1.3.3 Sodium Silicate Market - By End use industry
1.3.4 Sodium Silicate Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. SODIUM SILICATE 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. SODIUM SILICATE 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. SODIUM SILICATE MARKET - GLOBAL MARKET ANALYSIS
6.1. SODIUM SILICATE - GLOBAL MARKET OVERVIEW
6.2. SODIUM SILICATE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. SODIUM SILICATE MARKET - REVENUE AND FORECASTS TO 2028 - FORM
7.1. OVERVIEW
7.2. FORM MARKET FORECASTS AND ANALYSIS
7.3. SOLID SODIUM SILICATE
7.3.1. Overview
7.3.2. Solid Sodium Silicate Market Forecast and Analysis
7.4. LIQUID SODIUM SILICATE
7.4.1. Overview
7.4.2. Liquid Sodium Silicate Market Forecast and Analysis
8. SODIUM SILICATE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. DETERGENT
8.3.1. Overview
8.3.2. Detergent Market Forecast and Analysis
8.4. ADHESIVE AND SEALANTS
8.4.1. Overview
8.4.2. Adhesive and Sealants Market Forecast and Analysis
8.5. ELASTOMER
8.5.1. Overview
8.5.2. Elastomer Market Forecast and Analysis
8.6. CATALYST
8.6.1. Overview
8.6.2. Catalyst Market Forecast and Analysis
8.7. FLOCCULANTS
8.7.1. Overview
8.7.2. Flocculants Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. SODIUM SILICATE MARKET - REVENUE AND FORECASTS TO 2028 - END USE INDUSTRY
9.1. OVERVIEW
9.2. END USE INDUSTRY MARKET FORECASTS AND ANALYSIS
9.3. BUILDING AND CONSTRUCTION
9.3.1. Overview
9.3.2. Building and Construction Market Forecast and Analysis
9.4. AUTOMOTIVE
9.4.1. Overview
9.4.2. Automotive Market Forecast and Analysis
9.5. FOOD AND BEVERAGE
9.5.1. Overview
9.5.2. Food and Beverage Market Forecast and Analysis
9.6. OIL AND GAS
9.6.1. Overview
9.6.2. Oil and Gas Market Forecast and Analysis
9.7. OTHERS
9.7.1. Overview
9.7.2. Others Market Forecast and Analysis
10. SODIUM SILICATE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Sodium Silicate Market Overview
10.1.2 North America Sodium Silicate Market Forecasts and Analysis
10.1.3 North America Sodium Silicate Market Forecasts and Analysis - By Form
10.1.4 North America Sodium Silicate Market Forecasts and Analysis - By Application
10.1.5 North America Sodium Silicate Market Forecasts and Analysis - By End use industry
10.1.6 North America Sodium Silicate Market Forecasts and Analysis - By Countries
10.1.6.1 Canada Sodium Silicate Market
10.1.6.1.1 Canada Sodium Silicate Market by Form
10.1.6.1.2 Canada Sodium Silicate Market by Application
10.1.6.1.3 Canada Sodium Silicate Market by End use industry
10.1.6.2 Mexico Sodium Silicate Market
10.1.6.2.1 Mexico Sodium Silicate Market by Form
10.1.6.2.2 Mexico Sodium Silicate Market by Application
10.1.6.2.3 Mexico Sodium Silicate Market by End use industry
10.1.6.3 US Sodium Silicate Market
10.1.6.3.1 US Sodium Silicate Market by Form
10.1.6.3.2 US Sodium Silicate Market by Application
10.1.6.3.3 US Sodium Silicate Market by End use industry
10.2. EUROPE
10.2.1 Europe Sodium Silicate Market Overview
10.2.2 Europe Sodium Silicate Market Forecasts and Analysis
10.2.3 Europe Sodium Silicate Market Forecasts and Analysis - By Form
10.2.4 Europe Sodium Silicate Market Forecasts and Analysis - By Application
10.2.5 Europe Sodium Silicate Market Forecasts and Analysis - By End use industry
10.2.6 Europe Sodium Silicate Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Sodium Silicate Market
10.2.6.1.1 Germany Sodium Silicate Market by Form
10.2.6.1.2 Germany Sodium Silicate Market by Application
10.2.6.1.3 Germany Sodium Silicate Market by End use industry
10.2.6.2 France Sodium Silicate Market
10.2.6.2.1 France Sodium Silicate Market by Form
10.2.6.2.2 France Sodium Silicate Market by Application
10.2.6.2.3 France Sodium Silicate Market by End use industry
10.2.6.3 Italy Sodium Silicate Market
10.2.6.3.1 Italy Sodium Silicate Market by Form
10.2.6.3.2 Italy Sodium Silicate Market by Application
10.2.6.3.3 Italy Sodium Silicate Market by End use industry
10.2.6.4 United Kingdom Sodium Silicate Market
10.2.6.4.1 United Kingdom Sodium Silicate Market by Form
10.2.6.4.2 United Kingdom Sodium Silicate Market by Application
10.2.6.4.3 United Kingdom Sodium Silicate Market by End use industry
10.2.6.5 Russia Sodium Silicate Market
10.2.6.5.1 Russia Sodium Silicate Market by Form
10.2.6.5.2 Russia Sodium Silicate Market by Application
10.2.6.5.3 Russia Sodium Silicate Market by End use industry
10.2.6.6 Rest of Europe Sodium Silicate Market
10.2.6.6.1 Rest of Europe Sodium Silicate Market by Form
10.2.6.6.2 Rest of Europe Sodium Silicate Market by Application
10.2.6.6.3 Rest of Europe Sodium Silicate Market by End use industry
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Sodium Silicate Market Overview
10.3.2 Asia-Pacific Sodium Silicate Market Forecasts and Analysis
10.3.3 Asia-Pacific Sodium Silicate Market Forecasts and Analysis - By Form
10.3.4 Asia-Pacific Sodium Silicate Market Forecasts and Analysis - By Application
10.3.5 Asia-Pacific Sodium Silicate Market Forecasts and Analysis - By End use industry
10.3.6 Asia-Pacific Sodium Silicate Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Sodium Silicate Market
10.3.6.1.1 Australia Sodium Silicate Market by Form
10.3.6.1.2 Australia Sodium Silicate Market by Application
10.3.6.1.3 Australia Sodium Silicate Market by End use industry
10.3.6.2 China Sodium Silicate Market
10.3.6.2.1 China Sodium Silicate Market by Form
10.3.6.2.2 China Sodium Silicate Market by Application
10.3.6.2.3 China Sodium Silicate Market by End use industry
10.3.6.3 India Sodium Silicate Market
10.3.6.3.1 India Sodium Silicate Market by Form
10.3.6.3.2 India Sodium Silicate Market by Application
10.3.6.3.3 India Sodium Silicate Market by End use industry
10.3.6.4 Japan Sodium Silicate Market
10.3.6.4.1 Japan Sodium Silicate Market by Form
10.3.6.4.2 Japan Sodium Silicate Market by Application
10.3.6.4.3 Japan Sodium Silicate Market by End use industry
10.3.6.5 South Korea Sodium Silicate Market
10.3.6.5.1 South Korea Sodium Silicate Market by Form
10.3.6.5.2 South Korea Sodium Silicate Market by Application
10.3.6.5.3 South Korea Sodium Silicate Market by End use industry
10.3.6.6 Rest of Asia-Pacific Sodium Silicate Market
10.3.6.6.1 Rest of Asia-Pacific Sodium Silicate Market by Form
10.3.6.6.2 Rest of Asia-Pacific Sodium Silicate Market by Application
10.3.6.6.3 Rest of Asia-Pacific Sodium Silicate Market by End use industry
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Sodium Silicate Market Overview
10.4.2 Middle East and Africa Sodium Silicate Market Forecasts and Analysis
10.4.3 Middle East and Africa Sodium Silicate Market Forecasts and Analysis - By Form
10.4.4 Middle East and Africa Sodium Silicate Market Forecasts and Analysis - By Application
10.4.5 Middle East and Africa Sodium Silicate Market Forecasts and Analysis - By End use industry
10.4.6 Middle East and Africa Sodium Silicate Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Sodium Silicate Market
10.4.6.1.1 South Africa Sodium Silicate Market by Form
10.4.6.1.2 South Africa Sodium Silicate Market by Application
10.4.6.1.3 South Africa Sodium Silicate Market by End use industry
10.4.6.2 Saudi Arabia Sodium Silicate Market
10.4.6.2.1 Saudi Arabia Sodium Silicate Market by Form
10.4.6.2.2 Saudi Arabia Sodium Silicate Market by Application
10.4.6.2.3 Saudi Arabia Sodium Silicate Market by End use industry
10.4.6.3 U.A.E Sodium Silicate Market
10.4.6.3.1 U.A.E Sodium Silicate Market by Form
10.4.6.3.2 U.A.E Sodium Silicate Market by Application
10.4.6.3.3 U.A.E Sodium Silicate Market by End use industry
10.4.6.4 Rest of Middle East and Africa Sodium Silicate Market
10.4.6.4.1 Rest of Middle East and Africa Sodium Silicate Market by Form
10.4.6.4.2 Rest of Middle East and Africa Sodium Silicate Market by Application
10.4.6.4.3 Rest of Middle East and Africa Sodium Silicate Market by End use industry
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Sodium Silicate Market Overview
10.5.2 South and Central America Sodium Silicate Market Forecasts and Analysis
10.5.3 South and Central America Sodium Silicate Market Forecasts and Analysis - By Form
10.5.4 South and Central America Sodium Silicate Market Forecasts and Analysis - By Application
10.5.5 South and Central America Sodium Silicate Market Forecasts and Analysis - By End use industry
10.5.6 South and Central America Sodium Silicate Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Sodium Silicate Market
10.5.6.1.1 Brazil Sodium Silicate Market by Form
10.5.6.1.2 Brazil Sodium Silicate Market by Application
10.5.6.1.3 Brazil Sodium Silicate Market by End use industry
10.5.6.2 Argentina Sodium Silicate Market
10.5.6.2.1 Argentina Sodium Silicate Market by Form
10.5.6.2.2 Argentina Sodium Silicate Market by Application
10.5.6.2.3 Argentina Sodium Silicate Market by End use industry
10.5.6.3 Rest of South and Central America Sodium Silicate Market
10.5.6.3.1 Rest of South and Central America Sodium Silicate Market by Form
10.5.6.3.2 Rest of South and Central America Sodium Silicate Market by Application
10.5.6.3.3 Rest of South and Central America Sodium Silicate Market by End use industry
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. SODIUM SILICATE MARKET, KEY COMPANY PROFILES
12.1. CIECH S.A
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. INDO NIPPON CHEMICAL CO. LTD.
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. IQE GROUP
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. KIRAN GLOBAL CHEMS LIMITED
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. MALPRO SILICA PVT. LTD.
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. OCCIDENTAL PETROLEUM CORPORATION
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. PQ CORPORATION
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. SHAYONA GROUP
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. SINCHEM SILICA GEL
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. TOKUYAMA CORPORATION
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.CIECH S.A
2.Indo Nippon Chemical Co. Ltd.
3.IQE Group
4.Kiran Global Chems Limited
5.Malpro Silica Pvt. Ltd.
6.Occidental Petroleum Corporation
7.PQ Corporation
8.Shayona Group
9.Sinchem Silica Gel
10.Tokuyama Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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