Europe Precast Concrete Market to Grow at a CAGR of 5.9% to reach US$ 46,422.54 million from 2022 to 2030
The Europe precast concrete market was valued at US$ 29,351.49 million in 2022 and is projected to reach US$ 46,422.54 million by 2030; it is expected to record a CAGR of 5.9% from 2022 to 2030.
MARKET ANALYSIS
Precast concrete is a material made by pouring concrete into molds of desired shapes for construction applications. Then, the concrete is left to cure in an appropriate environment, and once it is cured, the mold is removed and reused. Precast concrete is made by using raw materials, including cement, aggregates, water, admixtures, reinforcement, release agents, coloring agents, curing materials, and chemical additives. It is a predominant building material used in the construction of office buildings and other commercial spaces. Precast concrete plays an important role in various buildings, offering durability, versatility, and efficiency in construction. Various benefits of precast concrete are construction speed, strength, quality control, cost saving, and design options. Different examples of precast concrete structures are precast concrete slabs, precast concrete beams, precast concrete walls, precast columns, precast stairs, and many others.
GROWTH DRIVERS AND CHALLENGES
The use of precast concrete can help lower construction costs and ensure significant savings before, during, and after the completion of construction projects. Unlike traditional building components, precast components are manufactured from locally sourced, natural raw materials such as cement, sand, stones, and gravel. These raw materials can be reused or recycled completely, which helps minimize the environmental impact of raw materials over their life cycle. Several companies focus on promoting safe and digitized construction with an aim to reduce the number of on-site fatalities. The demand for precast components in construction work is increasing with the growing digitalization in this industry. Precast concrete is a predominant building material used in the construction of office buildings and other commercial spaces. Walls of these buildings can be fabricated while the foundations are being built on-site, saving time and ensuring early occupancy. Due to the ease and speed with which precast structures can be constructed, precast concrete is also widely used in parking structures. In addition, it is a safe and cost-effective material that can withstand all weather conditions. Further, precast concrete can be manufactured with superior quality control than on-site concrete construction. It aids in the construction of eco-friendly, earthquake-resistant, and energy-efficient structures, in contrast to cast-in-situ concrete structures as well as steel, timber, and masonry structures. Thus, the increasing emphasis on cost-effective, safe, and environment-friendly construction operations drives the growth of the Europe precast concrete market
Further, volatile raw material prices can result in delays and cost overruns in construction projects. Fluctuations in raw material prices can deter long-term investment and expansion strategies of precast concrete businesses.
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Europe Precast Concrete Market: Strategic Insights
Market Size Value in US$ 29,351.49 million in 2022 Market Size Value by US$ 46,422.54 million by 2030 Growth rate CAGR of 5.9% from 2022 to 2030 Forecast Period 2022-2030 Base Year 2022
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Europe Precast Concrete Market: Strategic Insights
| Market Size Value in | US$ 29,351.49 million in 2022 |
| Market Size Value by | US$ 46,422.54 million by 2030 |
| Growth rate | CAGR of 5.9% from 2022 to 2030 |
| Forecast Period | 2022-2030 |
| Base Year | 2022 |
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REPORT SEGMENTATION AND SCOPE
The "Europe Precast Concrete Market Forecast to 2030" is a specialized and in-depth study with a major focus on market trends and opportunities. The report aims to provide an overview of the market with detailed market segmentation based on structure system, end use, and country. The report provides key statistics on precast concrete use and their demand in major countries. In addition, it presents a qualitative assessment of various factors affecting the precast concrete market performance in major regions and countries. The report also includes a comprehensive analysis of the leading market players and their key strategic developments. The analysis of market dynamics has also been included in the report to help identify the key driving factors, market trends, and lucrative opportunities that would, in turn, aid in identifying the major revenue pockets. Further, ecosystem analysis and Porter’s five forces analysis provide a 360-degree view of the Europe precast concrete market, which helps understand the entire supply chain and various factors affecting the market growth.
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SEGMENTAL ANALYSIS
The Europe precast concrete market is segmented on the basis of structure system and end use. Based on structure system, the market is segmented into beam and column system, floor and roof system, bearing wall system, façade system, and others. The beam and column system segment held a significant share of the Europe precast concrete market in 2022. Precast structure systems are primarily manufactured in different shapes, including beams and columns. Beams are structural components formed in one of three fundamental shapes, including rectangular, inverted tee beams, and L-beams. They are primarily utilized to support deck members such as solid slabs, double tees, and hollow-core, and sometimes other beams.
By end use, the Europe precast concrete market is segmented into residential, commercial, and others. The commercial segment dominates the Europe precast concrete market. The commercial sector includes sports facilities, schools, colleges, government institutions, hospitals, schools, offices, and other commercial spaces. Precast concrete is used for the construction of sports facilities. Sport-specialized precast components allow general contractors and architects the flexibility to achieve innovative and complex designs with maximized seating.
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REGIONAL ANALYSIS
The report provides a detailed overview of the Europe precast concrete market with respect to country. Based on country, the Europe precast concrete market is segmented into Germany, France, Italy, the UK, Russia, and Rest of Europe. Germany dominated the market in 2022. The precast concrete market in Germany was valued at more than US$ 5 billion in 2022. France is a second major contributor to the market in this region, accounting for more than 15% market share. The market in Italy is expected to register a significant CAGR from 2022 to 2030. The expansion of the precast concrete market in this country is attributable to the proliferation of the construction sector. Further, the growing focus on renovation and remodeling activities, along with significant investments in residential and commercial infrastructure, is expected to generate the demand for modular construction materials, thereby supporting the growth of the precast concrete market in Italy during the forecast period.
INDUSTRY DEVELOPMENTS AND FUTURE OPPORTUNITIES
Partnerships, acquisitions, and new product launches are among the major strategies adopted by the players operating in the Europe precast concrete market.
In August 2023, Cemex SAB de CV acquired two quarries near Madrid. Through this acquisition, the company is better positioned to serve customers in the area, particularly for the infrastructure industry.
In May 2023, Holcim Ltd. acquired Besblock Ltd, a leading supplier of precast materials to the UK Midlands construction sector. The Besblock technology platform is dedicated to producing sustainable building blocks, with a capacity of nearly 2.5 million m² blocks per year.
In February 2023, Holcim-Russia rebranded its assets as Cementum. The transition to the Russian brand “Cementum” started an utterly independent stage in the company's development.
IMPACT OF COVID-19 Pandemic
Before the COVID-19 pandemic, the construction sector of Europe was expanding rapidly. The government initiated ambitious infrastructure projects in Europe. These projects propelled the demand for precast concrete components in various construction applications.
During the COVID-19 pandemic, in 2020, the precast concrete industry in Europe was the least affected. Manufacturers and contractors adopted different manufacturing methods, such as off-site construction, which led to the continuation of precast concrete production. Off-site construction techniques enabled most precast concrete manufacturers to operate their plants with 100% production capacities, strictly adhering to the COVID-19 norms.
COMPETITIVE LANDSCAPE AND KEY COMPANIES
A few of the key players operating in the Europe precast concrete market are CRH Plc; Heidelberg Materials AG; Cemex SAB de CV manufacturer; Holcim Ltd; Consolis Group SAS; Elementbau Osthessen GmbH & Co.; ELO KG; Forterra; Centrum Pile Ltd.; Balfour Beatty Plc; and Laing O'Rourke Plc.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Structure System, End Use, and Country
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 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Precast Concrete Market Landscape
4.1 Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Intensity of Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Overview:
4.3.2 Raw Material Suppliers:
4.3.3 Manufacturers
4.3.4 Buyers
4.3.5 End Use
4.3.6 List of Vendors in the Value Chain
5. Europe Precast Concrete Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Need for Cost-Effective, Safe, and Eco-Friendly Concrete Products
5.1.2 Rise in Renovation and Remodeling Activities
5.2 Market Restraints
5.2.1 Volatility in Raw Material Prices
5.3 Market Opportunities
5.3.1 Supportive Government Initiatives
5.4 Future Trends
5.4.1 Rise in Innovation and Product Development
5.5 Impact Analysis
6. Precast Concrete Market - Europe Market Analysis
6.1 Europe Precast Concrete Market Revenue (US$ Million)
6.2 Europe Precast Concrete Market Volume (Million Cubic Meter)
6.3 Europe Precast Concrete Market Forecast and Analysis
7. Europe Precast Concrete Market Analysis – Structure System
7.1 Beam and Column System
7.1.1 Overview
7.1.2 Beam and Column System Market Revenue and Forecast to 2030 (US$ Million)
7.2 Floor and Roof System
7.2.1 Overview
7.2.2 Floor and Roof System Market Revenue and Forecast to 2030 (US$ Million)
7.3 Bearing Wall System
7.3.1 Overview
7.3.2 Bearing Wall System Market Revenue and Forecast to 2030 (US$ Million)
7.4 Façade System
7.4.1 Overview
7.4.2 Façade System Market Revenue and Forecast to 2030 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others Market Revenue and Forecast to 2030 (US$ Million)
8. Europe Precast Concrete Market Analysis – End Use
8.1 Residential
8.1.1 Overview
8.1.2 Residential Market Revenue and Forecast to 2030 (US$ Million)
8.1.3 Residential Market Volume and Forecast to 2030 (Million Cubic Meter)
8.2 Commercial
8.2.1 Overview
8.2.2 Commercial Market Revenue and Forecast to 2030 (US$ Million)
8.2.3 Commercial Market Volume and Forecast to 2030 (Million Cubic Meter)
8.3 Others
8.3.1 Overview
8.3.2 Others Market Revenue and Forecast to 2030 (US$ Million)
8.3.3 Others Market Volume and Forecast to 2030 (Million Cubic Meter)
9. Europe Precast Concrete Market - Geographical Analysis
9.1 Europe Precast Concrete Market
9.1.1 Overview
9.1.2 Europe Precast Concrete Market Breakdown by Country
9.1.2.1 Europe Precast Concrete Market Breakdown by Country
9.1.2.2 Germany Precast Concrete Market Revenue and Forecasts To 2030 (US$ Million)
9.1.2.3 Germany Precast Concrete Market Volume and Forecasts To 2030 (Million Cubic Meters)
9.1.2.3.1 Germany Precast Concrete Market Breakdown by Structure System
9.1.2.3.2 Germany Precast Concrete Market Breakdown by End Use
9.1.2.4 France Precast Concrete Market Revenue and Forecasts To 2030 (US$ Million)
9.1.2.5 France Precast Concrete Market Volume and Forecasts To 2030 (Million Cubic Meters)
9.1.2.5.1 France Precast Concrete Market Breakdown by Structure System
9.1.2.5.2 France Precast Concrete Market Breakdown by End Use
9.1.2.6 Italy Precast Concrete Market Revenue and Forecasts To 2030 (US$ Million)
9.1.2.7 Italy Precast Concrete Market Volume and Forecasts To 2030 (Million Cubic Meters)
9.1.2.7.1 Italy Precast Concrete Market Breakdown by Structure System
9.1.2.7.2 Italy Precast Concrete Market Breakdown by End Use
9.1.2.8 UK Precast Concrete Market Revenue and Forecasts To 2030 (US$ Million)
9.1.2.9 UK Precast Concrete Market Volume and Forecasts To 2030 (Million Cubic Meters)
9.1.2.9.1 UK Precast Concrete Market Breakdown by Structure System
9.1.2.9.2 UK Precast Concrete Market Breakdown by End Use
9.1.2.10 Russia Precast Concrete Market Revenue and Forecasts To 2030 (US$ Million)
9.1.2.11 Russia Precast Concrete Market Volume and Forecasts To 2030 (Million Cubic Meters)
9.1.2.11.1 Russia Precast Concrete Market Breakdown by Structure System
9.1.2.11.2 Russia Precast Concrete Market Breakdown by End Use
9.1.2.12 Rest of Europe Precast Concrete Market Revenue and Forecasts To 2030 (US$ Million)
9.1.2.13 Rest of Europe Precast Concrete Market Volume and Forecasts To 2030 (Million Cubic Meters)
9.1.2.13.1 Rest of Europe Precast Concrete Market Breakdown by Structure System
9.1.2.13.2 Rest of Europe Precast Concrete Market Breakdown by End Use
10. Impact of COVID-19 Pandemic on Europe Precast Concrete Market
10.1 Pre & Post Covid-19 Impact
11. Industry Landscape
11.1 Overview
11.2 New Product Development
11.3 Merger and Acquisition
11.4 Partnerships
11.5 Other Business Strategies
12. Competitive Landscape
12.1 Heat Map Analysis By Key Players
12.2 Company Positioning & Concentration
13. Company Profiles
13.1 CRH Plc
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Heidelberg Materials AG
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Cemex SAB de CV manufacturer
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Holcim Ltd
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Consolis Group SAS
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Elementbau Osthessen GmbH & Co., ELO KG
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Forterra Plc
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Centrum Pile Ltd.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Balfour Beatty Plc
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Laing O'Rourke Plc
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
List of Tables
Table 1. Europe Precast Concrete Market Segmentation
Table 2. List of Raw Material Suppliers in Value Chain:
Table 3. List of Manufacturers in Value Chain:
Table 4. Europe Precast Concrete Market Revenue and Forecasts To 2030 (US$ Million)
Table 5. Europe Precast Concrete Market Volume and Forecasts To 2030 (Million Cubic Meter)
Table 6. Europe Precast Concrete Market Revenue and Forecasts To 2030 (US$ Million) – Structure System
Table 7. Europe Precast Concrete Market Revenue and Forecasts To 2030 (US$ Million) – End Use
Table 8. Europe Precast Concrete Market Volume and Forecasts To 2030 (Million Cubic Meter) – End Use
Table 9. Germany Precast Concrete Market Revenue and Forecasts To 2030 (US$ Million) – Structure System
Table 10. Germany Precast Concrete Market Volume and Forecasts To 2030 (Million Cubic Meters) – End Use
Table 11. Germany Precast Concrete Market Revenue and Forecasts To 2030 (US$ Million) – End Use
Table 12. France Precast Concrete Market Revenue and Forecasts To 2030 (US$ Million) – Structure System
Table 13. France Precast Concrete Market Volume and Forecasts To 2030 (Million Cubic Meters) – End Use
Table 14. France Precast Concrete Market Revenue and Forecasts To 2030 (US$ Million) – End Use
Table 15. Italy Precast Concrete Market Revenue and Forecasts To 2030 (US$ Million) – Structure System
Table 16. Italy Precast Concrete Market Volume and Forecasts To 2030 (Million Cubic Meters) – End Use
Table 17. Italy Precast Concrete Market Revenue and Forecasts To 2030 (US$ Million) – End Use
Table 18. UK Precast Concrete Market Revenue and Forecasts To 2030 (US$ Million) – Structure System
Table 19. UK Precast Concrete Market Volume and Forecasts To 2030 (Million Cubic Meters) – End Use
Table 20. UK Precast Concrete Market Revenue and Forecasts To 2030 (US$ Million) – End Use
Table 21. Russia Precast Concrete Market Revenue and Forecasts To 2030 (US$ Million) – Structure System
Table 22. Russia Precast Concrete Market Volume and Forecasts To 2030 (Million Cubic Meters) – End Use
Table 23. Russia Precast Concrete Market Revenue and Forecasts To 2030 (US$ Million) – End Use
Table 24. Rest of Europe Precast Concrete Market Revenue and Forecasts To 2030 (US$ Million) – Structure System
Table 25. Rest of Europe Precast Concrete Market Volume and Forecasts To 2030 (Million Cubic Meters) – End Use
Table 26. Rest of Europe Precast Concrete Market Revenue and Forecasts To 2030 (US$ Million) – End Use
List of Figures
Figure 1. Europe Precast Concrete Market Segmentation, By Country
Figure 2. Precast Concrete Market – Porter's Analysis
Figure 3. Ecosystem: Europe Precast Concrete Market
Figure 4. Market Dynamics: Europe Precast Concrete Market
Figure 5. Europe Precast Concrete Market Impact Analysis of Drivers and Restraints
Figure 6. Europe Precast Concrete Market Revenue (US$ Million), 2018 – 2030
Figure 7. Europe Precast Concrete Market Volume (Million Cubic Meter), 2018 – 2030
Figure 8. Europe Precast Concrete Market Share (%) – Structure System, 2022 and 2030
Figure 9. Beam and Column System Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Floor and Roof System Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. Bearing Wall System Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. Façade System Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Europe Precast Concrete Market Share (%) –End Use, 2022 and 2030
Figure 15. Residential Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Residential Market Volume and Forecasts To 2030 (Million Cubic Meter)
Figure 17. Commercial Market Revenue and Forecasts To 2030 (US$ Million)
Figure 18. Commercial Market Volume and Forecasts To 2030 (Million Cubic Meter)
Figure 19. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 20. Others Market Volume and Forecasts To 2030 (Million Cubic Meter)
Figure 21. Europe Precast Concrete Market Breakdown By Key Countries, 2022 And 2030 (%)
Figure 22. Germany Precast Concrete Market Revenue and Forecasts To 2030 (US$ Million)
Figure 23. Germany Precast Concrete Market Volume and Forecasts To 2030 (Million Cubic Meters)
Figure 24. France Precast Concrete Market Revenue and Forecasts To 2030 (US$ Million)
Figure 25. France Precast Concrete Market Volume and Forecasts To 2030 (Million Cubic Meters)
Figure 26. Italy Precast Concrete Market Revenue and Forecasts To 2030 (US$ Million)
Figure 27. Italy Precast Concrete Market Volume and Forecasts To 2030 (Million Cubic Meters)
Figure 28. UK Precast Concrete Market Revenue and Forecasts To 2030 (US$ Million)
Figure 29. UK Precast Concrete Market Volume and Forecasts To 2030 (Million Cubic Meters)
Figure 30. Russia Precast Concrete Market Revenue and Forecasts To 2030 (US$ Million)
Figure 31. Russia Precast Concrete Market Volume and Forecasts To 2030 (Million Cubic Meters)
Figure 32. Rest of Europe Precast Concrete Market Revenue and Forecasts To 2030 (US$ Million)
Figure 33. Rest of Europe Precast Concrete Market Volume and Forecasts To 2030 (Million Cubic Meters)
Figure 34. Heat Map Analysis By Key Players
Figure 35. Company Positioning & Concentration
The List of Companies - Europe Precast Concrete Market
- CRH Plc
- Heidelberg Materials AG
- Cemex SAB de CV manufacturer
- Holcim Ltd
- Consolis Group SAS
- Elementbau Osthessen GmbH & Co., ELO KG
- Forterra
- Centrum Pile Ltd.
- Balfour Beatty Plc
- Laing O'Rourke Plc
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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Size and Forecasts (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type [Physical Remediation (Booms, Skimmers, and Adsorbent Materials), Chemical Remediation (Dispersants and Solidifiers), Thermal Remediation, and Bioremediation]
Oct 2023
Greenhouse and Mulch Film Market
Size and Forecast (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Product Type (Greenhouse Films and Mulch Films), Material (LLDPE, LDPE, HDPE, EVA, PHA, PVC, PC, and Others), and Application (Vegetable Farming, Horticulture, Floriculture, and Others)
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