Research Methodology on Water Based Coatings Market
Abstract
This research report provides an in-depth analysis of the Water-based coatings market. The report examines the market size, dynamics, production base, key players, and growth prospects of the Water-based coatings industry. It also provides thorough insights into the market dynamics defining the industry structure and development in the future. The report assesses the impact of recent and forthcoming technologies, such as electro-coat paint, ultraviolet-cured, and water-based coatings.
Introduction
Water-based coatings are one of the major industries in the global and domestic markets. This form of coating technology is developed and is often used for a variety of application purposes such as decorative finishes, anticorrosive coatings, thick film coatings and other applications. In particular, the water-based coatings industry is growing in size, with the increasing preference of pharmaceutical, food, and other manufacturing industries for this form of coating technology, owing to its environmentally friendly characteristics.
The global water-based coatings market is expected to grow at a considerable rate, driven by factors such as environmentally friendly properties, low volatile organic compounds (VOC) content, and rapid urbanization. Additionally, government regulations to reduce the number of VOCs in industrial coatings are expected to play an important role in driving the growth of the industry. This report further endeavours to provide an in-depth analysis of the water-based coatings market.
Research Methodology
This research report primarily carries out a quantitative analysis of the water-based coatings market and explores its growth potential. The analysis is performed on data gathered from market statistics and other industry-specific sources. The research methodology adopted is a combination of first-hand data gathering and secondary sources of information. The research is conducted by interviewing primary manufacturers and distributors, end-users, and other industry executives across the value chain. The primary purpose of the interviews is to acquire accurate and up-to-date primary data from the respondents, which is later supplemented with additional secondary sources.
To gauge the current market size, a detailed market study is conducted. The data is collected from both primary and secondary sources and is analyzed using the top-down and bottom-up approaches. The market size is estimated for various regional markets after studying the market’s historical growth trajectory and its current competitive scenario. The estimates were further validated using different industry-specific tools such as Philip’s Curve, Consolidated Trading Activity Index (CTAI), and Market Activity Ratio (MAR).
A comprehensive understanding of the competitive landscape of the Water-based coatings market is obtained through a detailed Porter’s Five Forces analysis. The analysis is conducted with the help of macro and micro-level factors including industry size, market share, and the ability to bargain and influence prices. The report also covers the competitive landscape for the major market players, their product overview, and an analysis of their major recent strategic moves such as partnerships, collaborations, mergers, and acquisitions.
The next step of the research methodology is a qualitative analysis. Qualitative analysis is used to acquire further insights into the industry by studying the market dynamics which influence its growth, along with studying the segmentation of the market and other industry trends.
To ensure comprehensive coverage of the market, high-quality secondary sources are used in the qualitative and quantitative analysis as well. The secondary sources include a variety of research reports and industry-related databases such as Dunn & Bradstreet, Thompson Reuters, Market Research Future, and others sources.
Lastly, the report is further validated by conducting face-to-face interviews and interviews through telephonic conversations with key opinion leaders in the industry. This gave further credibility to the report and provided additional insights into the industry.
Conclusion
The research methodology adopted for this study is a combination of both primary and secondary market research. The market size is estimated with the help of both the top-down and bottom-up approaches and is further validated using various industry-specific tools like Philip’s curve, consolidated trading activity index (CTAI), and market activity ratio (MAR). A detailed Porter’s Five Forces analysis is conducted to understand the competitive landscape of the market. Finally, a qualitative analysis is conducted to gain further insight into the key industry trends and segmentation of the Water-based coatings market.
出典：二次研究、一次研究、市場調査の未来データベースおよびアナリストレビュー
