Hybrid Composites Market Size, Share, Growth, Forecast (2018-23)

The study involved four major activities to estimate the current market size for Hybrid Composites. The exhaustive secondary research was done to collect information on market, peer market, and parent market.

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The next step was to validate these findings, assumptions, and sizing with industry experts across value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources such as Hoovers, Bloomberg BusinessWeek, and Factiva have been referred to, so as to identify and collect information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, gold standard & silver standard websites, food safety organizations, regulatory bodies, trade directories, and databases.

Primary Research

The hybrid composites market comprises several stakeholders such as raw material suppliers, processors, end-product manufacturers, and regulatory organizations in the supply chain. The demand side of this market is characterized by the development of the automotive & transportation, aerospace & defense, marine, wind energy, and sporting goods end-use industries. The supply side is characterized by advancements in technology and diverse application industries. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following the breakdown of primary respondents.

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Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the hybrid composites market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

·         The key players in the industry and markets have been identified through extensive secondary research.

·         The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.

·         All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.