Key Insights
The Indian construction chemicals market is projected for significant expansion, fueled by robust infrastructure development, increasing urbanization, and a growing emphasis on durable, sustainable construction. Expected to reach a market size of $2.5 billion by 2024, the sector anticipates a Compound Annual Growth Rate (CAGR) of 6.7%. Key growth drivers include substantial government investment in smart cities, housing initiatives, and transportation infrastructure. Increased awareness of construction chemicals' benefits—enhanced strength, longevity, and aesthetics—further stimulates demand. The adoption of advanced technologies and innovative products, such as high-performance admixtures and eco-friendly waterproofing, is also a significant contributor to market dynamism.
Indian Construction Chemicals Industry Market Size (In Billion)
Market segmentation highlights diverse demand across product categories and end-use sectors. Adhesives, particularly hot melt and water-borne types, are in high demand for various construction applications. Concrete admixtures, including high-range water reducers and accelerators, are vital for improving concrete workability and strength, crucial for large-scale infrastructure projects. Demand for concrete protective coatings, especially epoxy and polyurethane solutions, is rising for structural protection against environmental and chemical degradation. The residential sector, supported by increasing disposable incomes and a preference for modern amenities, is a key end-use market, alongside the rapidly expanding industrial and commercial segments. While strong growth drivers are present, challenges such as fluctuating raw material prices and the need for skilled labor for advanced product application require strategic management.
Indian Construction Chemicals Industry Company Market Share
Indian Construction Chemicals Industry Market Report: Comprehensive Analysis & Future Outlook (2019-2033)
Unlock critical insights into the booming Indian construction chemicals market with our definitive report. Spanning 2019-2033, this analysis delves into market dynamics, growth trends, product innovations, and competitive landscapes, providing an indispensable resource for industry stakeholders. Discover key drivers, emerging opportunities, and the strategic moves shaping the future of construction chemicals in India. This report features a detailed breakdown of parent and child market segments, presented in millions of units, offering unparalleled granularity.
Indian Construction Chemicals Industry Market Dynamics & Structure
The Indian construction chemicals industry is characterized by a moderately concentrated market, driven by robust demand from various end-use sectors. Technological innovation acts as a primary catalyst, with companies investing heavily in developing advanced, sustainable, and high-performance products. Regulatory frameworks, while evolving, are increasingly emphasizing environmental compliance and product safety, influencing formulation and application trends. Competitive product substitutes exist, particularly in the form of traditional building materials, but specialized construction chemicals offer distinct performance advantages. End-user demographics are shifting, with a growing preference for durable, energy-efficient, and aesthetically pleasing construction solutions. Mergers and acquisitions are a significant trend, aimed at expanding market reach, consolidating portfolios, and enhancing technological capabilities. For instance, the Sika acquisition of MBCC Group signals a major consolidation in the parent market.
- Market Concentration: Moderately concentrated, with key global and domestic players holding significant market share.
- Technological Innovation Drivers: Demand for enhanced durability, sustainability, faster construction, and improved aesthetics.
- Regulatory Frameworks: Growing emphasis on environmental standards, safety regulations, and product certifications.
- Competitive Product Substitutes: Traditional building materials, but limited in offering specialized performance benefits.
- End-User Demographics: Rising disposable incomes, urbanization, and a preference for premium construction solutions.
- M&A Trends: Increasing consolidation to gain market share, expand product offerings, and acquire advanced technologies.
Indian Construction Chemicals Industry Growth Trends & Insights
The Indian construction chemicals market is poised for remarkable expansion, projected to reach a significant valuation by 2033. This growth is underpinned by a confluence of factors including escalating infrastructure development, a burgeoning real estate sector, and increasing awareness of the benefits offered by advanced construction chemicals. The base year, 2025, sets the stage for a dynamic forecast period from 2025–2033, building upon historical trends from 2019–2024. Adoption rates for specialized products like concrete admixtures and waterproofing solutions are steadily climbing as builders and developers recognize their role in enhancing structural integrity, reducing construction time, and ensuring long-term durability. Technological disruptions, such as the introduction of eco-friendly formulations and advanced application techniques, are further accelerating market penetration. Consumer behavior is shifting towards a greater appreciation for quality, sustainability, and performance, driving demand for premium construction chemical solutions. The overall market size is expected to witness a Compound Annual Growth Rate (CAGR) of xx%, a testament to the sector's robust performance. This growth is also fueled by an increasing focus on the parent market of construction chemicals, which encompasses all sub-segments, and the growing importance of its key child markets such as concrete admixtures and waterproofing solutions.
Dominant Regions, Countries, or Segments in Indian Construction Chemicals Industry
The Infrastructure end-use sector is emerging as a dominant driver of growth within the Indian construction chemicals industry. Government initiatives focused on developing robust transportation networks, urban infrastructure, and smart cities are fueling substantial demand for a wide array of construction chemicals. This includes concrete admixtures for large-scale projects like bridges and tunnels, waterproofing solutions for critical infrastructure, and repair and rehabilitation chemicals to maintain existing assets. The Residential sector also plays a significant role, driven by rapid urbanization and a growing middle class with increasing disposable incomes. Demand for aesthetics, durability, and energy efficiency in homes is translating into higher consumption of sealants, adhesives, and protective coatings.
On the product front, Concrete Admixtures represent a pivotal segment, with high-range water reducers (superplasticizers) and accelerators witnessing considerable uptake due to their ability to improve concrete workability, strength, and reduce water content, leading to faster construction cycles and enhanced structural performance. Waterproofing Solutions, particularly membranes, are also critical, addressing the pervasive issue of water damage in a varied climate, thereby extending the lifespan of buildings and infrastructure. The Commercial and Industrial and Institutional sectors, while exhibiting steady growth, are driven by the construction of office complexes, retail spaces, manufacturing facilities, and educational institutions, each with specific chemical requirements.
- Dominant End Use Sector: Infrastructure:
- Key Drivers: Government investments in roads, railways, airports, and urban development projects.
- Market Share & Growth Potential: Significant and projected to grow at a substantial CAGR.
- Chemical Demand: High demand for concrete admixtures, waterproofing, repair chemicals, and protective coatings.
- Significant End Use Sector: Residential:
- Key Drivers: Urbanization, rising disposable incomes, and a growing demand for modern housing.
- Market Share & Growth Potential: Strong and consistently expanding.
- Chemical Demand: Adhesives, sealants, waterproofing, and surface treatments for enhanced aesthetics and durability.
- Dominant Product Segment: Concrete Admixtures:
- Key Drivers: Need for improved concrete performance, faster construction, and cost optimization.
- Market Share & Growth Potential: High and experiencing rapid growth, especially in specialized admixtures.
- Sub-Product Focus: High Range Water Reducers (Super Plasticizers) and Accelerators are key growth areas.
- Key Product Segment: Waterproofing Solutions:
- Key Drivers: Climate variability, increasing awareness of structural damage prevention, and extended building lifespan.
- Market Share & Growth Potential: Substantial and growing demand for effective waterproofing systems.
- Sub-Product Focus: Membranes are the primary focus for robust waterproofing.
Indian Construction Chemicals Industry Product Landscape
The Indian construction chemicals market is characterized by a dynamic product landscape, driven by continuous innovation and a focus on performance enhancement. Adhesives, encompassing hot melt, reactive, solvent-borne, and water-borne types, are crucial for diverse bonding applications. Anchors and Grouts, including cementitious fixing and resin fixing, provide essential structural support and filling solutions. Concrete Admixtures, such as accelerators and high-range water reducers (superplasticizers), are instrumental in optimizing concrete properties for various construction needs. Concrete Protective Coatings, including epoxy and polyurethane, offer superior durability and resistance. The introduction of advanced Flooring Resins like polyaspartic provides seamless, high-performance surfaces. The Repair and Rehabilitation Chemicals segment, featuring fiber wrapping systems and micro-concrete mortars, is vital for extending the life of existing structures. Sealants, particularly silicone-based, ensure weatherproofing and flexibility. Surface Treatment Chemicals like curing compounds and mold release agents enhance finish quality and ease of application. Finally, Waterproofing Solutions, primarily membranes, are indispensable for moisture protection.
Key Drivers, Barriers & Challenges in Indian Construction Chemicals Industry
Key Drivers:
- Infrastructure Development: Massive government investment in roads, railways, airports, and smart cities.
- Urbanization: Growing demand for housing and commercial spaces in urban centers.
- Technological Advancements: Development of high-performance, sustainable, and eco-friendly construction chemicals.
- Increased Awareness: Growing understanding of the benefits of specialized chemicals for durability and longevity.
- Government Support & Policies: Favorable policies promoting construction and manufacturing.
Barriers & Challenges:
- Cost Sensitivity: Price remains a significant factor, especially in the cost-conscious segments of the market.
- Skilled Labor Shortage: Lack of trained professionals for the application of specialized chemicals.
- Supply Chain Disruptions: Global and domestic logistical challenges impacting raw material availability and delivery times.
- Intense Competition: Presence of numerous domestic and international players leading to price pressures.
- Counterfeit Products: The prevalence of unbranded and substandard products can impact market trust and product quality.
Emerging Opportunities in Indian Construction Chemicals Industry
Emerging opportunities in the Indian construction chemicals industry are manifold, driven by evolving construction practices and a growing emphasis on sustainability and performance. The increasing adoption of precast construction techniques presents a significant opportunity for specialized adhesives and grouts. The demand for green building solutions is opening doors for eco-friendly concrete admixtures and low-VOC (Volatile Organic Compound) coatings and sealants. The retrofitting and rehabilitation of aging infrastructure and buildings offer substantial scope for repair and rehabilitation chemicals. Furthermore, the penetration of construction chemicals into Tier II and Tier III cities, driven by planned development and increased affordability, represents an untapped market potential. Innovations in smart materials, such as self-healing concrete additives, also hold promise for the future.
Growth Accelerators in the Indian Construction Chemicals Industry Industry
Several catalysts are accelerating the long-term growth of the Indian construction chemicals industry. Technological breakthroughs in material science are leading to the development of more efficient and environmentally benign products, such as bio-based admixtures and advanced waterproofing membranes. Strategic partnerships between global chemical manufacturers and Indian companies are facilitating technology transfer and market expansion. The increasing focus on modular construction and prefabrication techniques necessitates advanced bonding and sealing solutions, thereby driving growth. Furthermore, government initiatives promoting domestic manufacturing under "Make in India" are encouraging local production and innovation, further propelling the industry forward.
Key Players Shaping the Indian Construction Chemicals Industry Market
- Saint-Gobain
- MBCC Group
- Pidilite Industries Ltd
- Thermax Limited
- Fosroc Inc
- Don Construction Products Ltd
- Ardex Group
- MAPEI S p A
- Sika AG
- ECMAS Group
Notable Milestones in Indian Construction Chemicals Industry Sector
- May 2023: Sika, a global leader in construction chemicals, acquired the MBCC Group, including its waterproofing solutions, anchors & grouts, flooring resins, repair & rehabilitation chemicals, and other businesses, with the exception of its concrete admixture operations in Europe, North America, Australia, and New Zealand. This acquisition significantly reshapes the global and Indian construction chemical landscape, consolidating market share and product portfolios.
- February 2023: Master Builders Solutions, an MBCC Group brand, inaugurated a new offshore grout production plant in Taichung, Taiwan, in order to meet the ongoing demand of the offshore wind turbine market. This expansion highlights the growing importance of specialized chemicals for renewable energy infrastructure and signals a commitment to meeting global demand.
- November 2022: Saint-Gobain's subsidiary, Chryso, introduced CHRYSO Dem Aqua 800, a vegetable oil emulsion-based mold release agent for different concrete applications to provide excellent surface finish quality, mold protection, HSE profile, and optimized consumption. This launch underscores the industry's focus on developing sustainable and high-performance solutions that improve construction aesthetics and operator safety.
In-Depth Indian Construction Chemicals Industry Market Outlook
The Indian construction chemicals industry is set for sustained and robust growth, driven by a confluence of strong economic fundamentals and evolving construction paradigms. Future market potential is amplified by the nation's ambitious infrastructure development plans and the continuous expansion of its real estate sector. Strategic opportunities lie in capitalizing on the increasing demand for sustainable construction materials and advanced solutions that enhance building performance and longevity. The industry's trajectory will be shaped by ongoing technological innovation, particularly in areas like green chemistry and smart materials, and the strategic consolidation witnessed through key acquisitions. A keen focus on catering to the specific needs of rapidly urbanizing regions and emerging economic hubs will be crucial for sustained success.
Indian Construction Chemicals Industry Segmentation
-
1. End Use Sector
- 1.1. Commercial
- 1.2. Industrial and Institutional
- 1.3. Infrastructure
- 1.4. Residential
-
2. Product
-
2.1. Adhesives
-
2.1.1. By Sub Product
- 2.1.1.1. Hot Melt
- 2.1.1.2. Reactive
- 2.1.1.3. Solvent-borne
- 2.1.1.4. Water-borne
-
2.1.1. By Sub Product
-
2.2. Anchors and Grouts
- 2.2.1. Cementitious Fixing
- 2.2.2. Resin Fixing
- 2.2.3. Other Types
-
2.3. Concrete Admixtures
- 2.3.1. Accelerator
- 2.3.2. Air Entraining Admixture
- 2.3.3. High Range Water Reducer (Super Plasticizer)
- 2.3.4. Retarder
- 2.3.5. Shrinkage Reducing Admixture
- 2.3.6. Viscosity Modifier
- 2.3.7. Water Reducer (Plasticizer)
-
2.4. Concrete Protective Coatings
- 2.4.1. Acrylic
- 2.4.2. Alkyd
- 2.4.3. Epoxy
- 2.4.4. Polyurethane
- 2.4.5. Other Resin Types
-
2.5. Flooring Resins
- 2.5.1. Polyaspartic
-
2.6. Repair and Rehabilitation Chemicals
- 2.6.1. Fiber Wrapping Systems
- 2.6.2. Injection Grouting Materials
- 2.6.3. Micro-concrete Mortars
- 2.6.4. Modified Mortars
- 2.6.5. Rebar Protectors
-
2.7. Sealants
- 2.7.1. Silicone
-
2.8. Surface Treatment Chemicals
- 2.8.1. Curing Compounds
- 2.8.2. Mold Release Agents
- 2.8.3. Other Product Types
-
2.9. Waterproofing Solutions
- 2.9.1. Membranes
-
2.1. Adhesives
Indian Construction Chemicals Industry Segmentation By Geography
- 1. India
Indian Construction Chemicals Industry Regional Market Share
Geographic Coverage of Indian Construction Chemicals Industry
Indian Construction Chemicals Industry REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 6.7% from 2020-2034 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. ; Growing Demand from Paper and Packaging Industry; Shifting Consumer Preferences to Hot-melt Adhesives; Stringent Regulatory Policies
- 3.3. Market Restrains
- 3.3.1. ; Unfavorable Conditions Arising Due to COVID-19 Outbreak
- 3.4. Market Trends
- 3.4.1. OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Indian Construction Chemicals Industry Analysis, Insights and Forecast, 2020-2032
- 5.1. Market Analysis, Insights and Forecast - by End Use Sector
- 5.1.1. Commercial
- 5.1.2. Industrial and Institutional
- 5.1.3. Infrastructure
- 5.1.4. Residential
- 5.2. Market Analysis, Insights and Forecast - by Product
- 5.2.1. Adhesives
- 5.2.1.1. By Sub Product
- 5.2.1.1.1. Hot Melt
- 5.2.1.1.2. Reactive
- 5.2.1.1.3. Solvent-borne
- 5.2.1.1.4. Water-borne
- 5.2.1.1. By Sub Product
- 5.2.2. Anchors and Grouts
- 5.2.2.1. Cementitious Fixing
- 5.2.2.2. Resin Fixing
- 5.2.2.3. Other Types
- 5.2.3. Concrete Admixtures
- 5.2.3.1. Accelerator
- 5.2.3.2. Air Entraining Admixture
- 5.2.3.3. High Range Water Reducer (Super Plasticizer)
- 5.2.3.4. Retarder
- 5.2.3.5. Shrinkage Reducing Admixture
- 5.2.3.6. Viscosity Modifier
- 5.2.3.7. Water Reducer (Plasticizer)
- 5.2.4. Concrete Protective Coatings
- 5.2.4.1. Acrylic
- 5.2.4.2. Alkyd
- 5.2.4.3. Epoxy
- 5.2.4.4. Polyurethane
- 5.2.4.5. Other Resin Types
- 5.2.5. Flooring Resins
- 5.2.5.1. Polyaspartic
- 5.2.6. Repair and Rehabilitation Chemicals
- 5.2.6.1. Fiber Wrapping Systems
- 5.2.6.2. Injection Grouting Materials
- 5.2.6.3. Micro-concrete Mortars
- 5.2.6.4. Modified Mortars
- 5.2.6.5. Rebar Protectors
- 5.2.7. Sealants
- 5.2.7.1. Silicone
- 5.2.8. Surface Treatment Chemicals
- 5.2.8.1. Curing Compounds
- 5.2.8.2. Mold Release Agents
- 5.2.8.3. Other Product Types
- 5.2.9. Waterproofing Solutions
- 5.2.9.1. Membranes
- 5.2.1. Adhesives
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. India
- 5.1. Market Analysis, Insights and Forecast - by End Use Sector
- 6. Competitive Analysis
- 6.1. Market Share Analysis 2025
- 6.2. Company Profiles
- 6.2.1 Saint-Gobain
- 6.2.1.1. Overview
- 6.2.1.2. Products
- 6.2.1.3. SWOT Analysis
- 6.2.1.4. Recent Developments
- 6.2.1.5. Financials (Based on Availability)
- 6.2.2 MBCC Group
- 6.2.2.1. Overview
- 6.2.2.2. Products
- 6.2.2.3. SWOT Analysis
- 6.2.2.4. Recent Developments
- 6.2.2.5. Financials (Based on Availability)
- 6.2.3 Pidilite Industries Ltd
- 6.2.3.1. Overview
- 6.2.3.2. Products
- 6.2.3.3. SWOT Analysis
- 6.2.3.4. Recent Developments
- 6.2.3.5. Financials (Based on Availability)
- 6.2.4 Thermax Limite
- 6.2.4.1. Overview
- 6.2.4.2. Products
- 6.2.4.3. SWOT Analysis
- 6.2.4.4. Recent Developments
- 6.2.4.5. Financials (Based on Availability)
- 6.2.5 Fosroc Inc
- 6.2.5.1. Overview
- 6.2.5.2. Products
- 6.2.5.3. SWOT Analysis
- 6.2.5.4. Recent Developments
- 6.2.5.5. Financials (Based on Availability)
- 6.2.6 Don Construction Products Ltd
- 6.2.6.1. Overview
- 6.2.6.2. Products
- 6.2.6.3. SWOT Analysis
- 6.2.6.4. Recent Developments
- 6.2.6.5. Financials (Based on Availability)
- 6.2.7 Ardex Group
- 6.2.7.1. Overview
- 6.2.7.2. Products
- 6.2.7.3. SWOT Analysis
- 6.2.7.4. Recent Developments
- 6.2.7.5. Financials (Based on Availability)
- 6.2.8 MAPEI S p A
- 6.2.8.1. Overview
- 6.2.8.2. Products
- 6.2.8.3. SWOT Analysis
- 6.2.8.4. Recent Developments
- 6.2.8.5. Financials (Based on Availability)
- 6.2.9 Sika AG
- 6.2.9.1. Overview
- 6.2.9.2. Products
- 6.2.9.3. SWOT Analysis
- 6.2.9.4. Recent Developments
- 6.2.9.5. Financials (Based on Availability)
- 6.2.10 ECMAS Group
- 6.2.10.1. Overview
- 6.2.10.2. Products
- 6.2.10.3. SWOT Analysis
- 6.2.10.4. Recent Developments
- 6.2.10.5. Financials (Based on Availability)
- 6.2.1 Saint-Gobain
List of Figures
- Figure 1: Indian Construction Chemicals Industry Revenue Breakdown (billion, %) by Product 2025 & 2033
- Figure 2: Indian Construction Chemicals Industry Share (%) by Company 2025
List of Tables
- Table 1: Indian Construction Chemicals Industry Revenue billion Forecast, by End Use Sector 2020 & 2033
- Table 2: Indian Construction Chemicals Industry Revenue billion Forecast, by Product 2020 & 2033
- Table 3: Indian Construction Chemicals Industry Revenue billion Forecast, by Region 2020 & 2033
- Table 4: Indian Construction Chemicals Industry Revenue billion Forecast, by End Use Sector 2020 & 2033
- Table 5: Indian Construction Chemicals Industry Revenue billion Forecast, by Product 2020 & 2033
- Table 6: Indian Construction Chemicals Industry Revenue billion Forecast, by Country 2020 & 2033
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Indian Construction Chemicals Industry?
The projected CAGR is approximately 6.7%.
2. Which companies are prominent players in the Indian Construction Chemicals Industry?
Key companies in the market include Saint-Gobain, MBCC Group, Pidilite Industries Ltd, Thermax Limite, Fosroc Inc, Don Construction Products Ltd, Ardex Group, MAPEI S p A, Sika AG, ECMAS Group.
3. What are the main segments of the Indian Construction Chemicals Industry?
The market segments include End Use Sector, Product.
4. Can you provide details about the market size?
The market size is estimated to be USD 2.5 billion as of 2022.
5. What are some drivers contributing to market growth?
; Growing Demand from Paper and Packaging Industry; Shifting Consumer Preferences to Hot-melt Adhesives; Stringent Regulatory Policies.
6. What are the notable trends driving market growth?
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.
7. Are there any restraints impacting market growth?
; Unfavorable Conditions Arising Due to COVID-19 Outbreak.
8. Can you provide examples of recent developments in the market?
May 2023: Sika, a global leader in construction chemicals, acquired the MBCC Group, including its waterproofing solutions, anchors & grouts, flooring resins, repair & rehabilitation chemicals, and other businesses, with the exception of its concrete admixture operations in Europe, North America, Australia, and New Zealand.February 2023: Master Builders Solutions, an MBCC Group brand, inaugurated a new offshore grout production plant in Taichung, Taiwan, in order to meet the ongoing demand of the offshore wind turbine market.November 2022: Saint-Gobain's subsidiary, Chryso, introduced CHRYSO Dem Aqua 800, a vegetable oil emulsion-based mold release agent for different concrete applications to provide excellent surface finish quality, mold protection, HSE profile, and optimized consumption.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in billion.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Indian Construction Chemicals Industry," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Indian Construction Chemicals Industry report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Indian Construction Chemicals Industry?
To stay informed about further developments, trends, and reports in the Indian Construction Chemicals Industry, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
