Tile Adhesive Market By Product Type And Application - Global Industry Analysis And Forecast To 2023
Published On : May 2022 Pages : 190 Category: Advanced Materials Report Code : CM05772
Industry Outlook and Trend Analysis
The Tile Adhesives Market was worth USD 2.14 billion in 2017 and is expected to reach approximately USD 4.81 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 9.42% during the forecast period. Tile adhesives are used for the procedure of installing tiles in commercial and residential structures on walls or on floors. Relying upon the regional requirements and building traditions, local construction technology, the choice of crude material, significant execution criteria and in addition standards and regulations for testing cements can vary from nation to nation. Test measures and in addition high quality additives significantly contribute to long term execution expanding the sturdiness of the entire development – a critical angle with respect to the supportability of buildings and also to their maintenance costs.
Drivers and Restraints
The major factor driving the tiles adhesives market is the numerous advantages offered by the product in several applications. Tile adhesives are cost effective and durable choice in any type of setting or structure. Tile adhesives are convenient to install and bind together the surface of the tile to ground or the wall. The tile adhesive is anticipated to create significant CAGR due to rising demand for pleasant and durable flooring among the home makers. Tile adhesive is convenient to apply in comparison to bricks and are more attractive. Ceramic tile adhesive is useful for various purposes and conditions such as binder, cement extender and protective colloid, coating polymer, shape retention enhancer, lubricity and workability enhancer and suspension & stabilization agent. Chemicals that are used for tile adhesives offer various degrees of water retention at various temperatures, enhanced adhesion and cohesion, flexibility and workability. Rising demand of ceramic tile adhesive has led manufacturers to come up with innovative creation in the market.
Market Segmentation
The Tile Adhesives Market is segmented on the basis of product type and application. On the basis of product type the market is segmented into Latex mortar, acrylic-mixed mortar, Epoxy mortar. On the basis of application the market is segmented into residential and non-residential out of which the residential segment dominated the market with the highest share. Increasing demand from developed as well as developing countries for top notch highlights in their houses as well as offices are foreseen to further augment the demand.
Regional Outlook and Trend Analysis
Geographically, Asia-Pacific is foreseen to be the market pioneer trailed by Europe and North America. APAC is known as the fastest developing region where the market would be having plenty opportunities owing to existing emerging economies and huge number of on-going construction projects in China, India, Japan and Indonesia.
Competitive Insights
The leading players in the market are Saint Gobain Weber, Mapei, Laticrete International Inc, HBFuller, Sika AG, Fosroc, Pidilite Industries, Terraco India Pvt Ltd, Ardex GmbH and Bostik. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
The Tile Adhesives Market is segmented as follows-
By Product Type:
- Latex mortar
- Acrylic-mixed mortar
- Epoxy mortar
By Application:
- Residential
- Non-residential
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Southeast Asia
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Columbia
- South Africa
- Rest of South America
- Middle East and Africa
- Saudi Arabia
- UAE
- Egypt
- Nigeria
- South Africa
- Rest of MEA
Some of the key questions answered by the report are:
- What was the market size in 2017 and forecast from 2017 to 2023?
- What will be the industry market growth from 2017 to 2023?
- What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
- What are the major segments leading the market growth and why?
- Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
Market Classification
· Tile Adhesive Market, By Product Type, Estimates and Forecast, 2014-2023 ($Million)
· Latex mortar
· Acrylic-Mixed Mortar
· Epoxy Mortar
· Tile Adhesive Market, By Application, Estimates and Forecast, 2014-2023 ($Million)
· Residential
· Non-Residential
· Tile Adhesive Market, By Region, Estimates and Forecast, 2014-2023 ($Million)
· North America
§ North America Tile Adhesive Market, By Country
o U.S. Tile Adhesive Market
o Canada Tile Adhesive Market
o Mexico Tile Adhesive Market
· Europe
§ Europe Tile Adhesive Market, By Country
o Germany Tile Adhesive Market
o UK Tile Adhesive Market
o France Tile Adhesive Market
o Russia Tile Adhesive Market
o Italy Tile Adhesive Market
o Rest of Europe Tile Adhesive Market
· Asia-Pacific
§ Asia-Pacific Tile Adhesive Market, By Country
o China Tile Adhesive Market
o Japan Tile Adhesive Market
o South Korea Tile Adhesive Market
o India Tile Adhesive Market
o Southeast Asia Tile Adhesive Market
o Rest of Asia-Pacific Tile Adhesive Market
· South America
§ South America Tile Adhesive Market
o Brazil Tile Adhesive Market
o Argentina Tile Adhesive Market
o Columbia Tile Adhesive Market
o South Africa Tile Adhesive Market
o Rest of South America Tile Adhesive Market
· Middle East and Africa
§ Middle East and Africa Tile Adhesive Market
o Saudi Arabia Tile Adhesive Market
o UAE Tile Adhesive Market
o Egypt Tile Adhesive Market
o Nigeria Tile Adhesive Market
o South Africa Tile Adhesive Market
o Rest of MEA Tile Adhesive Market
Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities
4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market States and Outlook (2017-2023)
4.1.2. Canada Market States and Outlook (2017-2023)
4.1.3. Mexico Market States and Outlook (2017-2023)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1. Germany Market States and Outlook (2017-2023)
4.2.2. France Market States and Outlook (2017-2023)
4.2.3. UK Market States and Outlook (2017-2023)
4.2.4. Russia Market States and Outlook (2017-2023)
4.2.5. Italy Market States and Outlook (2017-2023)
4.2.6. Rest of Europe Market States and Outlook (2017-2023)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1. China Market States and Outlook (2017-2023)
4.3.2. Japan Market States and Outlook (2017-2023)
4.3.3. Korea Market States and Outlook (2017-2023)
4.3.4. India Market States and Outlook (2017-2023)
4.3.5. Rest of Asia-Pacific Market States and Outlook (2017-2023)
4.4. South America (Brazil, Argentina, Columbia and Rest of South America)
4.4.1. Brazil Market States and Outlook (2017-2023)
4.4.2. Argentina Market States and Outlook (2017-2023)
4.4.3. Columbia Market States and Outlook (2017-2023)
4.4.4. Rest of South America Market States and Outlook (2017-2023)
4.5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
4.5.1. Saudi Arabia Market States and Outlook (2017-2023)
4.5.2. UAE Market States and Outlook (2017-2023)
4.5.3. Egypt Market States and Outlook (2017-2023)
4.5.4. Nigeria Market States and Outlook (2017-2023)
4.5.5. South Africa Market States and Outlook (2017-2023)
4.5.6. Rest of MEA Market States and Outlook (2017-2023)
5. Tile Adhesive Market, By Product Type
5.1. Introduction
5.2. Global Tile Adhesive Sales, Revenue and Market Share by Product Type (2017-2027)
5.2.1. Global Tile Adhesive Sales and Sales Share by Product Type (2017-2027)
5.2.2. Global Tile Adhesive Revenue and Revenue Share by Product Type (2017-2027)
5.3. Latex mortar
5.3.1. Global Latex mortar Sales and Growth Rate (2017-2027)
5.4. Acrylic-mixed mortar
5.4.1. Global Acrylic-mixed mortar Sales and Growth Rate (2017-2027)
5.5. Epoxy Mortar
5.5.1. Global Epoxy Mortar Sales and Growth Rate (2017-2027)
6. Tile Adhesive Market, By Application
6.1. Introduction
6.2. Global Tile Adhesive Sales, Revenue and Market Share by Application (2017-2027)
6.2.1. Global Tile Adhesive Sales and Sales Share by Application (2017-2027)
6.2.2. Global Tile Adhesive Revenue and Revenue Share by Application (2017-2027)
6.3. Residential
6.3.1. Global Residential Sales and Growth Rate (2017-2027)
6.4. Non-Residential
6.4.1. Global Non-Residential Sales and Growth Rate (2017-2027)
7. Tile Adhesive Market, By Region
7.1. Introduction
7.2. Global Tile Adhesive Sales, Revenue and Market Share by Regions
7.2.1. Global Tile Adhesive Sales by Regions (2017-2027)
7.2.2. Global Tile Adhesive Revenue by Regions (2017-2027)
7.3. North America Tile Adhesive by Countries
7.3.1. North America Tile Adhesive Sales and Growth Rate (2017-2027)
7.3.2. North America Tile Adhesive Revenue and Growth Rate (2017-2027)
7.3.3. North America Tile Adhesive Sales by Countries (2017-2027)
7.3.4. North America Tile Adhesive Revenue (Million USD) by Countries (2017-2027)
7.3.5. U.S.
7.3.5.1. United States Tile Adhesive Sales and Growth Rate (2017-2027)
7.3.5.2. United States Tile Adhesive Revenue (Millions USD) and Growth Rate (2017-2027)
7.3.6. Canada
7.3.6.1. Canada Tile Adhesive Sales and Growth Rate (2017-2027)
7.3.6.2. Canada Tile Adhesive Sales (Millions USD) and Growth Rate (2017-2027)
7.3.7. Mexico
7.3.7.1. Mexico Tile Adhesive Sales and Growth Rate (2017-2027)
7.3.7.2. Mexico Tile Adhesive Revenue (Millions USD) and Growth Rate (2017-2027)
7.4. Europe Tile Adhesive by Countries
7.4.1. Europe Tile Adhesive Sales and Growth Rate (2017-2027)
7.4.2. Europe Tile Adhesive Revenue and Growth Rate (2017-2027)
7.4.3. Europe Tile Adhesive Sales by Countries (2017-2027)
7.4.4. Europe Tile Adhesive Revenue (Million USD) by Countries (2017-2027)
7.4.5. Germany
7.4.5.1. Germany Tile Adhesive Sales and Growth Rate (2017-2027)
7.4.5.2. Germany Tile Adhesive Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.6. UK
7.4.6.1. UK Tile Adhesive Sales and Growth Rate (2017-2027)
7.4.6.2. UK Tile Adhesive Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.7. France
7.4.7.1. France Tile Adhesive Sales and Growth Rate (2017-2027)
7.4.7.2. France Tile Adhesive Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.8. Russia
7.4.8.1. Russia Tile Adhesive Sales and Growth Rate (2017-2027)
7.4.8.2. Russia Tile Adhesive Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.9. Italy
7.4.9.1. Italy Tile Adhesive Sales and Growth Rate (2017-2027)
7.4.9.2. Italy Tile Adhesive Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.10. Rest of Europe
7.4.10.1. Rest of Europe Tile Adhesive Sales and Growth Rate (2017-2027)
7.4.10.2. Rest of Europe Tile Adhesive Revenue (Millions USD) and Growth Rate (2017-2027)
7.5. Asia-Pacific
7.5.1. Asia-Pacific Tile Adhesive Sales and Growth Rate (2017-2027)
7.5.2. Asia-Pacific Tile Adhesive Revenue and Growth Rate (2017-2027)
7.5.3. Asia-Pacific Tile Adhesive Sales by Countries (2017-2027)
7.5.4. Asia-Pacific Tile Adhesive Revenue (Million USD) by Countries (2017-2027)
7.5.5. China
7.5.5.1. China Tile Adhesive Sales and Growth Rate (2017-2027)
7.5.5.2. China Tile Adhesive Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.6. Japan
7.5.6.1. Japan Tile Adhesive Sales and Growth Rate (2017-2027)
7.5.6.2. Japan Tile Adhesive Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.6.3.
7.5.7. Korea
7.5.7.1. Korea Tile Adhesive Sales and Growth Rate (2017-2027)
7.5.7.2. Korea Tile Adhesive Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.8. India
7.5.8.1. India Tile Adhesive Sales and Growth Rate (2017-2027)
7.5.8.2. India Tile Adhesive Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.9. Southeast Asia
7.5.9.1. Southeast Asia Tile Adhesive Sales and Growth Rate (2017-2027)
7.5.9.2. Southeast Asia Tile Adhesive Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.10. Rest of Asia-Pacific
7.5.10.1. Rest of Asia-Pacific Tile Adhesive Sales and Growth Rate (2017-2027)
7.5.10.2. Rest of Asia-Pacific Tile Adhesive Revenue (Millions USD) and Growth Rate (2017-2027)
7.6. South America
7.6.1. South America Tile Adhesive Sales and Growth Rate (2017-2027)
7.6.2. South America Tile Adhesive Revenue and Growth Rate (2017-2027)
7.6.3. South America Tile Adhesive Sales by Countries (2017-2027)
7.6.4. South America Tile Adhesive Revenue (Million USD) by Countries (2017-2027)
7.6.5. Brazil
7.6.5.1. Brazil Tile Adhesive Sales and Growth Rate (2017-2027)
7.6.5.2. Brazil Tile Adhesive Revenue (Millions USD) and Growth Rate (2017-2027)
7.6.6. Argentina
7.6.6.1. Argentina Tile Adhesive Sales and Growth Rate (2017-2027)
7.6.6.2. Argentina Tile Adhesive Revenue (Millions USD) and Growth Rate (2017-2027)
7.6.7. Columbia
7.6.7.1. Columbia Tile Adhesive Sales and Growth Rate (2017-2027)
7.6.7.2. Columbia Tile Adhesive Revenue (Millions USD) and Growth Rate (2017-2027)
7.6.8. Rest of South America
7.6.8.1. Rest of South America Tile Adhesive Sales and Growth Rate (2017-2027)
7.6.8.2. Rest of South America Tile Adhesive Revenue (Millions USD) and Growth Rate (2017-2027)
7.7. Middle East and Africa
7.7.1. Middle East and Africa Tile Adhesive Sales and Growth Rate (2017-2027)
7.7.2. Middle East and Africa Tile Adhesive Revenue and Growth Rate (2017-2027)
7.7.3. Middle East and Africa Tile Adhesive Sales by Countries (2017-2027)
7.7.4. Middle East and Africa Tile Adhesive Revenue (Million USD) by Countries (2017-2027)
7.7.5. Saudi Arabia
7.7.5.1. Saudi Arabia Tile Adhesive Sales and Growth Rate (2017-2027)
7.7.5.2. Saudi Arabia Tile Adhesive Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.6. United Arab Emirates
7.7.6.1. United Arab Emirates Tile Adhesive Sales and Growth Rate (2017-2027)
7.7.6.2. United Arab Emirates Tile Adhesive Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.7. Egypt
7.7.7.1. Egypt Tile Adhesive Sales and Growth Rate (2017-2027)
7.7.7.2. Egypt Tile Adhesive Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.8. Nigeria
7.7.8.1. Nigeria Tile Adhesive Sales and Growth Rate (2017-2027)
7.7.8.2. Nigeria Tile Adhesive Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.9. South Africa
7.7.9.1. South Africa Tile Adhesive Sales and Growth Rate (2017-2027)
7.7.9.2. South Africa Tile Adhesive Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.10. Rest of Middle East and Africa
7.7.10.1. Rest of Middle East and Africa Tile Adhesive Sales and Growth Rate (2017-2027)
7.7.10.2. Rest of Middle East and Africa Tile Adhesive Revenue (Millions USD) and Growth Rate (2017-2027)
8. Company Profiles
8.1. Ardex Group
8.1.1. Business Overview
8.1.2. Product Portfolio
8.1.3. Strategic Developments
8.1.4. Sales, Revenue and Market Share
8.2. Bostik
8.2.1. Business Overview
8.2.2. Product Portfolio
8.2.3. Strategic Developments
8.2.4. Sales, Revenue and Market Share
8.3. Terraco
8.3.1. Business Overview
8.3.2. Product Portfolio
8.3.3. Strategic Developments
8.3.4. Sales, Revenue and Market Share
8.4. Sika AG
8.4.1. Business Overview
8.4.2. Product Portfolio
8.4.3. Strategic Developments
8.4.4. Sales, Revenue and Market Share
8.5. H.B. Fuller
8.5.1. Business Overview
8.5.2. Product Portfolio
8.5.3. Strategic Developments
8.5.4. Sales, Revenue and Market Share
8.6. Pidilite Industries
8.6.1. Business Overview
8.6.2. Product Portfolio
8.6.3. Strategic Developments
8.6.4. Sales, Revenue and Market Share
8.7. Mapei S.P.A
8.7.1. Business Overview
8.7.2. Product Portfolio
8.7.3. Strategic Developments
8.7.4. Sales, Revenue and Market Share
8.8. Laticrete International
8.8.1. Business Overview
8.8.2. Product Portfolio
8.8.3. Strategic Developments
8.8.4. Sales, Revenue and Market Share
8.9. Saint-Gobain Weber
8.9.1. Business Overview
8.9.2. Product Portfolio
8.9.3. Strategic Developments
8.9.4. Sales, Revenue and Market Share
8.10. Fosroc
8.10.1. Business Overview
8.10.2. Product Portfolio
8.10.3. Strategic Developments
8.10.4. Sales, Revenue and Market Share
9. Global Tile Adhesive Market Competition, by Manufacturer
9.1. Global Tile Adhesive Sales and Market Share by Manufacturer (2017-2017)
9.2. Global Tile Adhesive Revenue and Market Share by Manufacturer (2017-2017)
9.3. Global Tile Adhesive Price by Manufacturer (2017-2017)
9.4. Top 5 Tile Adhesive Manufacturer Market Share
9.5. Market Competition Trend
10. Tile Adhesive Market Forecast (2027-2023)
10.1. Global Tile Adhesive Sales, Revenue (Millions USD) and Growth Rate (2027-2023)
10.2. Tile Adhesive Market Forecast by Regions (2027-2023)
10.2.1. North America Tile Adhesive Market Forecast (2027-2023)
10.2.1.1. United States Tile Adhesive Market Forecast (2027-2023)
10.2.1.2. Canada Tile Adhesive Market Forecast (2027-2023)
10.2.1.3. Mexico Tile Adhesive Market Forecast (2027-2023)
10.2.2. Europe Tile Adhesive Market Forecast (2027-2023)
10.2.2.1. Germany Tile Adhesive Market Forecast (2027-2023)
10.2.2.2. United Kingdom Tile Adhesive Market Forecast (2027-2023)
10.2.2.3. France Tile Adhesive Market Forecast (2027-2023)
10.2.2.4. Russia Tile Adhesive Market Forecast (2027-2023)
10.2.2.5. Italy Tile Adhesive Market Forecast (2027-2023)
10.2.2.6. Rest of the Europe Tile Adhesive Market Forecast (2027-2023)
10.2.3. Asia-Pacific Tile Adhesive Market Forecast (2027-2023)
10.2.3.1. China Tile Adhesive Market Forecast (2027-2023)
10.2.3.2. Japan Tile Adhesive Market Forecast (2027-2023)
10.2.3.3. Korea Tile Adhesive Market Forecast (2027-2023)
10.2.3.4. India Tile Adhesive Market Forecast (2027-2023)
10.2.3.5. Southeast Asia Tile Adhesive Market Forecast (2027-2023)
10.2.3.6. Rest of Asia-Pacific Tile Adhesive Market Forecast (2027-2023)
10.2.4. South America Tile Adhesive Market Forecast (2027-2023)
10.2.4.1. Brazil Tile Adhesive Market Forecast (2027-2023)
10.2.4.2. Argentina Tile Adhesive Market Forecast (2027-2023)
10.2.4.3. Columbia Tile Adhesive Market Forecast (2027-2023)
10.2.4.4. Rest of South America Tile Adhesive Market Forecast (2027-2023)
10.2.5. Middle East and Africa Tile Adhesive Market Forecast (2027-2023)
10.2.5.1. Saudi Arabia Tile Adhesive Market Forecast (2027-2023)
10.2.5.2. UAE Tile Adhesive Market Forecast (2027-2023)
10.2.5.3. Egypt Tile Adhesive Market Forecast (2027-2023)
10.2.5.4. Nigeria Tile Adhesive Market Forecast (2027-2023)
10.2.5.5. South Africa Tile Adhesive Market Forecast (2027-2023)
10.2.5.6. Rest of MEA Tile Adhesive Market Forecast (2027-2023)
10.3. Tile Adhesive Market Forecast by Product Type (2027-2023)
10.3.1. Global Tile Adhesive Sales Forecast by Product Type (2027-2023)
10.3.2. Global Tile Adhesive Sales Market Share Forecast by Product Type (2027-2023)
10.4. Tile Adhesive Market Forecast by Application (2027-2023)
10.4.1. Global Tile Adhesive Sales Forecast by Application (2027-2023)
10.4.2. Global Tile Adhesive Sales Market Share Forecast by Application (2027-2023)
*You can glance through the list of Tables and Figures when you view the sample copy of Tile Adhesive Market.
List of Tables
*You can glance through the list of Tables and Figures when you view the sample copy of Tile Adhesive Market.
Research Methodology
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
Data Mining
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
Data Collection Matrix
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Data Collection Matrix |
Supply Side |
Demand Side |
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Primary Data Sources |
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Secondary Data Sources |
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Market Modeling and Forecasting
We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.
- Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
- Number of patients for particular device or medical procedure and
- Repeated use of particular device depending on health and condition of patient
- Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.
We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.
Data Validation
We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.
Data Triangulation
Industry Analysis
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Qualitative Data |
Quantitative Data (2017-2025) |
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