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The global polycarbonate market was valued at USD 21.75 billion in 2022, increasing at a CAGR of 5.90% from 2022 to 2030 and anticipated to reach USD 32.36 billion by 2030. North America is expected to grow the fastest during the forecast period. Also, the rapid economic development and industrial growth in emerging economies are anticipated to drive market growth during the upcoming year. Further, the polycarbonate industry has negatively affected the operations of all sectors except for the pharmaceutical industry. Additionally, polycarbonates are highly demanded in the medical and healthcare industry to produce several devices. Polycarbonates can also be utilized as a substitute for traditional materials, such as acrylic and glass. Furthermore, product improvements for medical applications & raised commercialization of the bio-polycarbonate market are anticipated to present forthcoming opportunities.
Polycarbonate is an ideal material well known and widely utilized in the industry for its versatile characteristics, eco-friendly recyclability and processing. Polycarbonate tubes, sheets, and rods are easy to the device & have excellent dimensional stability. It thermoforms well, is easy to paint, and bonds well using solvent adhesives or cements. Polycarbonate is commonly sold in solid or multiwall sheets available in standard sizes & thicknesses from 4mm to 32 mm. Polycarbonate offers light transmission properties comparable to glass, giving it an advantage over glass because it visually functions similarly but is significantly more durable and lightweight. Polycarbonate sheets are available with warranties for up to 15 years of protection, depending on product type. Polycarbonate plastics are engineering plastics in that they are generally used for robust, more capable materials like impact-resistant "glass-like" surfaces. Polycarbonate is usually used for plastic lenses in medical devices, eyewear, protective gear, automotive components, greenhouses, Digital Disks (DVDs, CDs, and Blu-ray), and exterior lighting fixtures. Polycarbonate is also utilized as a printing substrate for nameplates & other industrial-grade under-printed products. Polycarbonate lenses also shield the eye from ultraviolet light. Many types of lenses are manufactured from polycarbonate, including automotive headlamp lenses, lighting lenses, SCUBA masks and swimming goggles, eyeglass/sunglass lenses, and safety goggles/glasses/visors including visors in sporting masks/helmets and police riot gear (riot shields, helmet visors, etc.).
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For example, in June 2022, Sumitomo Chemical Company and Newlight Technologies of the U.S. began the cooperative research of polypropylene compounds for use in textile and automotive applications using a carbon-negative biomaterial dubbed AirCarbonTM induced by microorganisms from methane.
Drivers:
The strong demand from the automotive industry: The strong demand from the automotive industry is due to the upsurge in disposable income worldwide, mainly in APAC. Further, polycarbonate plastic is progressively substituting standard glass and other conventional elastomers in automotive applications. Moreover, polycarbonate plastic in the automotive industry contains lighting applications (for cars, trucks, buses, and motorcycles) like headlamp lenses, bezels, and light housings. Apart from this, polycarbonate is rapidly replacing metal across automotive applications to develop lightweight vehicles. Hence, the growing demand for lightweight cars is anticipated to propel the market growth during the forthcoming year. The high performance, durability, and sustainability of thermoplastics' rising use in the pharmaceutical, food, and beverage industry for producing food storage containers, water bottles, dialysis, and respiratory devices are helping to drive market growth. Moreover, the increasing demand for polycarbonate sheets in the production of electronic & electrical goods and the development & growth of various end-use verticals in emerging economies are also propelling the market growth.
Restraints:
The strict regulations associated with the production of polycarbonates: The increasing environmental problems as these polymers are difficult to recycle, which can harm aquatic and terrestrial life in the environment, are expected to hamper the market growth. Moreover, the safety issues and the high prices associated with the metals inhibit market growth. Additionally, the accumulation of plastic on land can pollute the soil and water, which is expected to hinder market growth.
Opportunities:
The raised demand for roofing systems: The growing demand for bio-based polycarbonate due to rising environmental concerns is the opportunity factor of the market growth. Moreover, the increasing utilization of polycarbonate in the packaging of baby bottles, garden equipment, furniture, water dispensers, and sporting products is helping to boost the market growth during the forecast period. Also, the growing need for billboards and ID card printing is driving the market growth. Further, the rising government spending on R&D and ever-increasing industrialization, especially in developing countries, is anticipated to drive market growth.
Regional segmentation analysis:
The regions analyzed for the market include Europe, South America, Asia Pacific, North America, the Middle East, and Africa. The Asia Pacific emerged as the largest market for the global polycarbonate market, with a 38.43% share of the market revenue in 2022. The Asia Pacific dominates the polycarbonate market due to the increased developmental activities in the construction, aerospace, and automotive industries. Further, the availability of raw materials in abundance and the availability of low-cost labour are driving factors of the market growth. Also, the growing development in electronics production and the developed base for polycarbonate in APAC propel the market growth during the forecast period. In addition, the increasing demand for transparent sheets from various industries like greenhouse, construction, and automobile is driving the market growth during the forecast period in this region. North America is expected to grow the fastest during the forecast period due to the rising demand for spike temperature resistance, flexibility & toughness in thin sections. Furthermore, the increasing demand for electrical & electronics products, the occurrence of major key players, the growing household industry, and the expanding automotive sector healthcare sector are also helping to boost the market growth in this region. Moreover, the innovation, technological advancements and adaptability of polycarbonate in the leading end-user industry are also propelling the market growth during the forecast period in this region. Additionally, the increasing requirement for highly efficient lightweight materials in aircraft and automobiles is also helping to drive market growth in this region.
Asia-Pacific Region Polycarbonate Market Share in 2022 - 38.43%
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Grades segment analysis
The grades segment is divided into extrusion, injection molding, and others. In 2022, the extrusion segment dominated the market with the largest market share of 42.16% and market revenue of 9.16 billion. This growth is attributed to the wide application of this resin in various industrial applications such as electrical & electronics, building & construction, automotive, and customer goods, among others. Also, the extruded polycarbonates are lightweight, durable, impact resistant and flame-retardant thermoplastics. Further, by 2030, the injection molding segment will likely dominate the market due to technological advancements. Additionally, the economic advantages of high-speed & high-volume production and the ever-increasing R&D spending in the healthcare sector are also helping to boost the segment's market growth.
Type segment analysis
The type segment is divided into film, sheets, foil, plates, strips, and others. In 2022, the sheets segment dominated the market with the largest market share of 23.24% and market revenue of 5.05 billion. This growth is attributed to the increased demand from the farming sector. Further, the augmented need for high-performance, lightweight and recyclable materials for interior and exterior parts applications and thermoplastic polymers, which are highly effective and desired in the automotive industry, are also helping to boost the segment's market growth. Moreover, the growing use of polycarbonate sheets in the form of ultraviolet (UV)-resistant roof panels in agricultural outbuildings like greenhouses and barns are also helping to boost the segment's market growth.
Application segment analysis
The application segment is divided into automotive packaging, medical, consumer goods, optical media, electrical and electronics. In 2022, the medical segment dominated the market, accounting for around 28.18% of global revenue. This growth is attributed to thermoplastic's high performance, durability, and sustainability. Further, by 2030, the electrical and electronics segment will likely dominate the market due to its high dimensional stability. Polycarbonate sheets are suitable for electronic manufacturing equipment like CDs, smartphones, electronic devices, LEDs, DVDs, and more.
Report Description:
| Attribute | Description |
|---|---|
| Market Size | Revenue (USD Billion) |
| Market size value in 2022 | USD 21.75 Billion, Volume in kilo tons |
| Market size value in 2030 | USD 32.36 Billion, Volume in kilo tons |
| CAGR (2022 to 2030) | 5.90% |
| Historical data | 2019-2020 |
| Base Year | 2021 |
| Forecast | 2022-2030 |
| Segments | Key Segments are grade, type, application, and regions |
| Regional Segments | The key regions are North America, South America, Europe, Asia Pacific, and Middle East & Africa. |
As per The Brainy Insights, the size of the polycarbonate market was valued at USD 21.75 billion in 2022 to USD 32.36 billion by 2030.
Global polycarbonate market is growing at a CAGR of 5.90% during the forecast period 2022-2030.
Asia Pacific region emerged as the largest market for the polycarbonate.
Key players are Covestro AG, Chi Mei Corporation, Mitsubishi Engineering Plastics Corp., Formosa Chemicals & Fibre Corporation, Lotte Chemical Corporation, Idemitsu Kosan Co. Ltd., LG Chem, Trinseo, SABIC, Teijin Limited, and among others.
The global polycarbonate market has been segmented based on grade, type, application, and regions. The extrusion segment led grade segment in 2021. The sheets segment led the type segment in 2021.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Grades
4.3.2. Market Attractiveness Analysis By Type
4.3.3. Market Attractiveness Analysis By Application
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. The increasing population and investment in infrastructure & construction projects
5.2.2. The increasing demand for vehicle display technology
5.2.3. The rising demand for electrical & electronics products
5.3. Restraints
5.3.1. The fluctuations in the cost of raw materials
5.3.2. The strict regulations associated with the production of polycarbonates
5.4. Opportunities
5.4.1. The expanding automotive sector, healthcare sector
5.4.2. The increased demand for roofing systems
5.4.3. The increasingly investing in infrastructure development
6. Global Polycarbonate Market Analysis and Forecast, By Grades
6.1. Segment Overview
6.2. Extrusion
6.3. Injection Molding
6.4. Others
7. Global Polycarbonate Market Analysis and Forecast, By Type
7.1. Segment Overview
7.2. Film
7.3. Sheets
7.4. Foil
7.5. Plates
7.6. Strip
7.7. Others
8. Global Polycarbonate Market Analysis and Forecast, By Application
8.1. Segment Overview
8.2. Automotive Packaging
8.3. Medical
8.4. Consumer Goods
8.5. Optical Media
8.6. Electrical and Electronics
9. Global Polycarbonate Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Polycarbonate Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in Global Polycarbonate Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. Covestro AG
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Chi Mei Corporation
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Mitsubishi Engineering Plastics Corp.
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Formosa Chemicals & Fibre Corporation
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Lotte Chemical Corporation
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Idemitsu Kosan Co. Ltd.
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. LG Chem
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Trinseo
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. SABIC
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Teijin Limited
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
List of Table
1. Global Polycarbonate Market, By Grades, 2019-2030 (USD Billion) (Kilotons)
2. Global Extrusion, Polycarbonate Market, By Region, 2019-2030 (USD Billion) (Kilotons)
3. Global Injection Molding, Polycarbonate Market, By Region, 2019-2030 (USD Billion) (Kilotons)
4. Global Others, Polycarbonate Market, By Region, 2019-2030 (USD Billion) (Kilotons)
5. Global Polycarbonate Market, By Type, 2019-2030 (USD Billion) (Kilotons)
6. Global Film, Sheets, Foil, Plates, Strip, and Others, Polycarbonate Market, By Region, 2019-2030 (USD Billion) (Kilotons)
7. Global Sheets, Polycarbonate Market, By Region, 2019-2030 (USD Billion) (Kilotons)
8. Global Foil, Polycarbonate Market, By Region, 2019-2030 (USD Billion) (Kilotons)
9. Global Plates, Polycarbonate Market, By Region, 2019-2030 (USD Billion) (Kilotons)
10. Global Strip, Polycarbonate Market, By Region, 2019-2030 (USD Billion) (Kilotons)
11. Global Others, Polycarbonate Market, By Region, 2019-2030 (USD Billion) (Kilotons)
12. Global Polycarbonate Market, By Application, 2019-2030 (USD Billion) (Kilotons)
13. Global Automotive Packaging, Polycarbonate Market, By Region, 2019-2030 (USD Billion) (Kilotons)
14. Global Medical, Polycarbonate Market, By Region, 2019-2030 (USD Billion) (Kilotons)
15. Global Consumer Goods, Polycarbonate Market, By Region, 2019-2030 (USD Billion) (Kilotons)
16. Global Optical Media, Polycarbonate Market, By Region, 2019-2030 (USD Billion) (Kilotons)
17. Global Electrical and Electronics, Polycarbonate Market, By Region, 2019-2030 (USD Billion) (Kilotons)
18. North America Polycarbonate Market, By Grades, 2019-2030 (USD Billion) (Kilotons)
19. North America Polycarbonate Market, By Type, 2019-2030 (USD Billion) (Kilotons)
20. North America Polycarbonate Market, By Application, 2019-2030 (USD Billion) (Kilotons)
21. U.S. Polycarbonate Market, By Grades, 2019-2030 (USD Billion) (Kilotons)
22. U.S. Polycarbonate Market, By Type, 2019-2030 (USD Billion) (Kilotons)
23. U.S. Polycarbonate Market, By Application, 2019-2030 (USD Billion) (Kilotons)
24. Canada Polycarbonate Market, By Grades, 2019-2030 (USD Billion) (Kilotons)
25. Canada Polycarbonate Market, By Type, 2019-2030 (USD Billion) (Kilotons)
26. Canada Polycarbonate Market, By Application, 2019-2030 (USD Billion) (Kilotons)
27. Mexico Polycarbonate Market, By Grades, 2019-2030 (USD Billion) (Kilotons)
28. Mexico Polycarbonate Market, By Type, 2019-2030 (USD Billion) (Kilotons)
29. Mexico Polycarbonate Market, By Application, 2019-2030 (USD Billion) (Kilotons)
30. Europe Polycarbonate Market, By Grades, 2019-2030 (USD Billion) (Kilotons)
31. Europe Polycarbonate Market, By Type, 2019-2030 (USD Billion) (Kilotons)
32. Europe Polycarbonate Market, By Application, 2019-2030 (USD Billion) (Kilotons)
33. Germany Polycarbonate Market, By Grades, 2019-2030 (USD Billion) (Kilotons)
34. Germany Polycarbonate Market, By Type, 2019-2030 (USD Billion) (Kilotons)
35. Germany Polycarbonate Market, By Application, 2019-2030 (USD Billion) (Kilotons)
36. France Polycarbonate Market, By Grades, 2019-2030 (USD Billion) (Kilotons)
37. France Polycarbonate Market, By Type, 2019-2030 (USD Billion) (Kilotons)
38. France Polycarbonate Market, By Application, 2019-2030 (USD Billion) (Kilotons)
39. U.K. Polycarbonate Market, By Grades, 2019-2030 (USD Billion) (Kilotons)
40. U.K. Polycarbonate Market, By Type, 2019-2030 (USD Billion) (Kilotons)
41. U.K. Polycarbonate Market, By Application, 2019-2030 (USD Billion) (Kilotons)
42. Italy Polycarbonate Market, By Grades, 2019-2030 (USD Billion) (Kilotons)
43. Italy Polycarbonate Market, By Type, 2019-2030 (USD Billion) (Kilotons)
44. Italy Polycarbonate Market, By Application, 2019-2030 (USD Billion) (Kilotons)
45. Spain Polycarbonate Market, By Grades, 2019-2030 (USD Billion) (Kilotons)
46. Spain Polycarbonate Market, By Type, 2019-2030 (USD Billion) (Kilotons)
47. Spain Polycarbonate Market, By Application, 2019-2030 (USD Billion) (Kilotons)
48. Asia Pacific Polycarbonate Market, By Grades, 2019-2030 (USD Billion) (Kilotons)
49. Asia Pacific Polycarbonate Market, By Type, 2019-2030 (USD Billion) (Kilotons)
50. Asia Pacific Polycarbonate Market, By Application, 2019-2030 (USD Billion) (Kilotons)
51. Japan Polycarbonate Market, By Grades, 2019-2030 (USD Billion) (Kilotons)
52. Japan Polycarbonate Market, By Type, 2019-2030 (USD Billion) (Kilotons)
53. Japan Polycarbonate Market, By Application, 2019-2030 (USD Billion) (Kilotons)
54. China Polycarbonate Market, By Grades, 2019-2030 (USD Billion) (Kilotons)
55. China Polycarbonate Market, By Type, 2019-2030 (USD Billion) (Kilotons)
56. China Polycarbonate Market, By Application, 2019-2030 (USD Billion) (Kilotons)
57. India Polycarbonate Market, By Grades, 2019-2030 (USD Billion) (Kilotons)
58. India Polycarbonate Market, By Type, 2019-2030 (USD Billion) (Kilotons)
59. India Polycarbonate Market, By Application, 2019-2030 (USD Billion) (Kilotons)
60. South America Polycarbonate Market, By Grades, 2019-2030 (USD Billion) (Kilotons)
61. South America Polycarbonate Market, By Type, 2019-2030 (USD Billion) (Kilotons)
62. South America Polycarbonate Market, By Application, 2019-2030 (USD Billion) (Kilotons)
63. Brazil Polycarbonate Market, By Grades, 2019-2030 (USD Billion) (Kilotons)
64. Brazil Polycarbonate Market, By Type, 2019-2030 (USD Billion) (Kilotons)
65. Brazil Polycarbonate Market, By Application, 2019-2030 (USD Billion) (Kilotons)
66. Middle East and Africa Polycarbonate Market, By Grades, 2019-2030 (USD Billion) (Kilotons)
67. Middle East and Africa Polycarbonate Market, By Type, 2019-2030 (USD Billion) (Kilotons)
68. Middle East and Africa Polycarbonate Market, By Application, 2019-2030 (USD Billion) (Kilotons)
69. UAE Polycarbonate Market, By Grades, 2019-2030 (USD Billion) (Kilotons)
70. UAE Polycarbonate Market, By Type, 2019-2030 (USD Billion) (Kilotons)
71. UAE Polycarbonate Market, By Application, 2019-2030 (USD Billion) (Kilotons)
72. South Africa Polycarbonate Market, By Grades, 2019-2030 (USD Billion) (Kilotons)
73. South Africa Polycarbonate Market, By Type, 2019-2030 (USD Billion) (Kilotons)
74. South Africa Polycarbonate Market, By Application, 2019-2030 (USD Billion) (Kilotons)
List of Figures
1. Global Polycarbonate Market Segmentation
2. Global Polycarbonate Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top- Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Polycarbonate Market Attractiveness Analysis By Grades
9. Global Polycarbonate Market Attractiveness Analysis By Type
10. Global Polycarbonate Market Attractiveness Analysis By Application
11. Global Polycarbonate Market Attractiveness Analysis By Region
12. Global Polycarbonate Market: Dynamics
13. Global Polycarbonate Market Share By Grades (2022 & 2030)
14. Global Polycarbonate Market Share By Type (2022 & 2030)
15. Global Polycarbonate Market Share By Application (2022 & 2030)
16. Global Polycarbonate Market Share By Regions (2022 & 2030)
17. Global Polycarbonate Market Share By Company (2021)
This study forecasts revenue at global, regional, and country levels from 2019 to 2030. The Brainy Insights has segmented the global polycarbonate based on below mentioned segments:
Global Polycarbonate Market by Grades:
Global Polycarbonate Market by Type:
Global Polycarbonate Market by Application:
Global Polycarbonate by Region:
Research has its special purpose to undertake marketing efficiently. In this competitive scenario, businesses need information across all industry verticals; the information about customer wants, market demand, competition, industry trends, distribution channels etc. This information needs to be updated regularly because businesses operate in a dynamic environment. Our organization, The Brainy Insights incorporates scientific and systematic research procedures in order to get proper market insights and industry analysis for overall business success. The analysis consists of studying the market from a miniscule level wherein we implement statistical tools which helps us in examining the data with accuracy and precision.
Our research reports feature both; quantitative and qualitative aspects for any market. Qualitative information for any market research process are fundamental because they reveal the customer needs and wants, usage and consumption for any product/service related to a specific industry. This in turn aids the marketers/investors in knowing certain perceptions of the customers. Qualitative research can enlighten about the different product concepts and designs along with unique service offering that in turn, helps define marketing problems and generate opportunities. On the other hand, quantitative research engages with the data collection process through interviews, e-mail interactions, surveys and pilot studies. Quantitative aspects for the market research are useful to validate the hypotheses generated during qualitative research method, explore empirical patterns in the data with the help of statistical tools, and finally make the market estimations.
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The phase involves the gathering and collecting of market data and its related information with the help of different sources & research procedures.
The data procurement stage involves in data gathering and collecting through various data sources.
This stage involves in extensive research. These data sources includes:
Purchased Database: Purchased databases play a crucial role in estimating the market sizes irrespective of the domain. Our purchased database includes:
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Secondary Research: The secondary data sources includes information published by the on-profit organizations such as World bank, WHO, company fillings, investor presentations, annual reports, national government documents, statistical databases, blogs, articles, white papers and others. From the annual report, we analyse a company’s revenue to understand the key segment and market share of that organization in a particular region. We analyse the company websites and adopt the product mapping technique which is important for deriving the segment revenue. In the product mapping method, we select and categorize the products offered by the companies catering to domain specific market, deduce the product revenue for each of the companies so as to get overall estimation of the market size. We also source data and analyses trends based on information received from supply side and demand side intermediaries in the value chain. The supply side denotes the data gathered from supplier, distributor, wholesaler and the demand side illustrates the data gathered from the end customers for respective market domain.
The supply side for a domain specific market is analysed by:
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In-house Library: Apart from these third-party sources, we have our in-house library of qualitative and quantitative information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, historic databases, internal audit reports and archives.
Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those cases, we use our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopt a robust research technique in order to produce the estimates:
Data Synthesis: This stage involves the analysis & mapping of all the information obtained from the previous step. It also involves in scrutinizing the data for any discrepancy observed while data gathering related to the market. The data is collected with consideration to the heterogeneity of sources. Robust scientific techniques are in place for synthesizing disparate data sets and provide the essential contextual information that can orient market strategies. The Brainy Insights has extensive experience in data synthesis where the data passes through various stages:
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This stage involves in finalization of the market size and numbers that we have collected from data integration step. With data interpolation, it is made sure that there is no gap in the market data. Successful trend analysis is done by our analysts using extrapolation techniques, which provide the best possible forecasts for the market.
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