Research Methodology
Accurize Market Research (AMR’s) research study involves the extensive usage of both primary and secondary data sources led by a dedicated team of analysts and experts, to provide you with our best in order to plan your next strategy across several industry verticals. The research process involves the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies the technical progress in the related industry, and market risks, opportunities, market barriers, and challenges.
Top-down and bottom-up approaches are used to validate the global market size and market estimates for Players, regions, segments, product segments, and Materials (end users). The market estimations in the report are based on the market sale price of the product. The percentage splits, Market Share (%), and breakdowns of the product segments are derived on the basis of weightings assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major players in the market are identified through secondary research, and their market revenues are determined through primary and secondary research. Secondary research includes the research of the annual and financial reports of the top Players; whereas, primary research includes extensive interviews of key opinion leaders and industry experts, such as experienced front-line staff, directors, CEOs, and marketing executives. The percentage splits, Market Share (%), Growth Rate (%), and breakdowns of the product markets are determined through the use of secondary sources and verified through the primary sources. This data is combined and added with detailed inputs and analysis presented in the report.
Primary Sources
In the primary research process, various sources from both the supply and demand sides are interviewed to obtain qualitative and quantitative information about the market. Primary research is conducted to identify segmentation types, product price range, product Materials, key players, raw materials supply, and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
The primary sources from the supply side include product Players (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealers, and traders, as well as the raw materials, suppliers, and producers, among others.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executives, end users, and related key executives from various key companies and organizations operating in the global market.
Secondary Sources
Secondary Sources include press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies, customs data, and so on. This research study involves the usage of widespread secondary sources, directories, databases, such as Investing News Network, Statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS, company house documents, CAS (American Chemical Society), investor presentations, and SEC filings of companies. Secondary research is used to identify and collect information useful for the extensive, technical, market-oriented, and commercial study of the market. It is also used to obtain important information about the top players, market classification, and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Data Triangulation
After completing market engineering with calculations for market statistics, market size estimations, market forecasting, market breakdown, and data triangulation, extensive primary research is conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Primary Sources Data Triangulation
Supply Side (Data Triangulation)
- Prominent Market Players
- Distributors
- Opinion Leaders
- Industry Experts
- Front-line Staff
- Directors
- CEO
- Marketing Executives
- Technology and Innovation Directors
- Executives from Related Industries and Organizations
Demand Side (Data Triangulation)
- Purchasing / Product Managers
- End Users / Buyers
- Industry Experts
- Opinion Leaders
- Research Institutes
Secondary Sources Data Triangulation
Supply Side (Data Triangulation)
- Annual Reports
- Presentations
- Press Releases
- Journals
- Paid Databases
- Repository
Demand Side (Data Triangulation)
- Trading Economics
- Federal Reserve Economic Data (FRED)