Key Insights
The European waterborne adhesives market, valued at approximately €[Estimate based on market size XX and currency conversion, e.g., €1.5 Billion] in 2025, is projected to experience robust growth with a Compound Annual Growth Rate (CAGR) exceeding 5% through 2033. This expansion is driven by several key factors. Firstly, the increasing demand from the building and construction sector, fueled by infrastructure development and renovation projects across Europe, significantly contributes to market growth. Secondly, the rising adoption of eco-friendly and sustainable materials, including waterborne adhesives, within various industries like paper and packaging, woodworking, and healthcare, is a major driver. The preference for waterborne adhesives stems from their lower volatile organic compound (VOC) emissions compared to solvent-based alternatives, aligning with stricter environmental regulations across the region. Furthermore, the ongoing technological advancements leading to improved adhesive performance, including enhanced bonding strength and durability, further stimulate market adoption. Germany, France, and the UK are expected to remain major contributors to the overall market size within Europe, driven by their robust manufacturing sectors and high construction activity.
Despite the positive outlook, certain restraints may impede market growth. Fluctuations in raw material prices, particularly for key components like resins, can impact profitability and potentially hinder market expansion. Moreover, competition among established players like Henkel, 3M, and Sika, along with the emergence of new entrants, might intensify price pressures. However, the ongoing trend towards sustainable solutions and the rising demand from key end-user industries are expected to offset these challenges, ensuring the sustained growth of the European waterborne adhesives market over the forecast period. Specific segment growth will depend on individual market conditions and technological advancements within each sector. For example, the acrylics and PVA emulsion segments are expected to remain dominant, but innovative developments in polyurethane dispersions and EVA emulsions could lead to higher adoption in niche applications.

Europe Waterborne Adhesives Industry: A Comprehensive Market Report (2019-2033)
This in-depth report provides a comprehensive analysis of the Europe waterborne adhesives industry, offering invaluable insights for stakeholders seeking to navigate this dynamic market. The study covers the period 2019-2033, with 2025 serving as the base and estimated year. The report leverages extensive primary and secondary research to deliver a detailed forecast from 2025 to 2033, providing a robust understanding of historical trends (2019-2024) and future projections. The market is segmented by resin type (Acrylics, Polyvinyl Acetate (PVA) Emulsion, Ethylene Vinyl Acetate (EVA) Emulsion, Polyurethane Dispersions and CR (Chloroprene Rubber) Latex, Other Resin Types) and end-user industry (Building & Construction, Paper, Board, and Packaging, Woodworking & Joinery, Transportation, Healthcare, Electrical & Electronics, Other End-user Industries). Key players analyzed include Henkel AG & Co KGaA, Franklin Adhesives & Polymers, Pidilite Industries Ltd, 3M, Ashland, Arkema Group, Dow, and Sika AG. The total market size in 2025 is estimated at xx Million, projected to reach xx Million by 2033.
Europe Waterborne Adhesives Industry Market Structure & Competitive Landscape
The European waterborne adhesives market exhibits a moderately concentrated structure, with a few major players holding significant market share. The Herfindahl-Hirschman Index (HHI) for 2025 is estimated at xx, indicating a moderately consolidated landscape. Innovation plays a vital role, driven by the demand for eco-friendly, high-performance adhesives. Stringent environmental regulations across Europe, particularly concerning VOC emissions, are shaping product development and market dynamics. Product substitution from solvent-based adhesives to waterborne alternatives continues to be a major growth driver.
- Market Concentration: The top 5 players account for approximately xx% of the total market revenue in 2025.
- Innovation Drivers: Demand for sustainable, high-performance adhesives with improved adhesion strength, faster curing times, and reduced environmental impact.
- Regulatory Impacts: Stringent environmental regulations are pushing the adoption of waterborne adhesives, impacting product formulations and manufacturing processes.
- Product Substitutes: Solvent-based adhesives remain a competitive alternative, but their environmental drawbacks are driving a shift towards waterborne solutions.
- End-user Segmentation: The Building & Construction sector holds the largest share, followed by Paper, Board, and Packaging.
- M&A Trends: The industry has witnessed xx M&A deals in the past five years, driven by the need for expansion into new markets and product portfolios.
Europe Waterborne Adhesives Industry Market Trends & Opportunities
The Europe waterborne adhesives market is experiencing robust growth, driven by the expanding construction sector, increasing demand for packaging, and technological advancements in adhesive formulations. The market exhibited a CAGR of xx% during 2019-2024 and is projected to grow at a CAGR of xx% from 2025 to 2033. This growth is fueled by several factors:
- Market Size Growth: The market is expanding significantly, driven by increasing construction activity, growth in the packaging industry, and rising demand from various end-use sectors.
- Technological Shifts: Advancements in adhesive technology, such as the development of bio-based adhesives and improved formulations, are enhancing product performance and expanding application possibilities.
- Consumer Preferences: Growing preference for eco-friendly and sustainable products is propelling the adoption of waterborne adhesives.
- Competitive Dynamics: Intense competition among major players is leading to product innovation and price competitiveness, benefiting end-users.
- Market Penetration Rates: Waterborne adhesives are gaining market share, particularly in applications previously dominated by solvent-based alternatives. Market penetration is expected to increase from xx% in 2025 to xx% by 2033.

Dominant Markets & Segments in Europe Waterborne Adhesives Industry
The Building & Construction sector dominates the European waterborne adhesives market, accounting for xx% of total revenue in 2025. Germany and France are the leading countries, driven by robust construction activity and infrastructure development. Acrylics and Polyvinyl Acetate (PVA) Emulsion are the leading resin types, due to their versatility and cost-effectiveness.
Key Growth Drivers (Building & Construction):
- Significant investments in infrastructure projects across Europe.
- Increasing construction activity fueled by population growth and urbanization.
- Government initiatives promoting sustainable building practices.
Key Growth Drivers (Paper, Board, and Packaging):
- Rising demand for packaging solutions due to e-commerce growth and increasing consumer goods consumption.
- Growing adoption of sustainable packaging materials and eco-friendly adhesives.
The detailed analysis highlights the dominance of the building and construction segment and identifies significant regional disparities within Europe, with specific market penetration rates detailed in the full report.
Europe Waterborne Adhesives Industry Product Analysis
Recent innovations focus on enhancing the performance characteristics of waterborne adhesives, including improved adhesion strength, faster curing times, and better water resistance. These advancements cater to diverse application needs across various end-user industries. The development of bio-based adhesives is also gaining traction, driven by the increasing demand for sustainable alternatives. This translates into competitive advantages based on superior performance, reduced environmental impact, and cost-effectiveness for specific applications.
Key Drivers, Barriers & Challenges in Europe Waterborne Adhesives Industry
Key Drivers:
The market is driven by growing construction activities, increasing demand for sustainable packaging, and technological advancements leading to improved adhesive performance. Stringent environmental regulations also incentivize the adoption of waterborne adhesives over their solvent-based counterparts.
Key Barriers and Challenges:
Challenges include price volatility of raw materials, fluctuations in energy costs, and competition from solvent-based adhesives. Supply chain disruptions can also impact production and availability, leading to price increases and potentially hindering market growth. Regulatory changes and their implementation pose additional challenges, requiring adaptation and investment from manufacturers. The estimated quantifiable impact of these challenges on market growth is projected at a reduction of xx% by 2033.
Growth Drivers in the Europe Waterborne Adhesives Industry Market
Several factors propel market growth. Firstly, the booming construction sector fuels demand. Secondly, the rise of e-commerce and its related packaging requirements is a significant driver. Finally, technological advancements in adhesive formulations continually improve performance and expand applications. Stringent environmental regulations further favor waterborne alternatives, accelerating growth.
Challenges Impacting Europe Waterborne Adhesives Industry Growth
Raw material price volatility, energy cost fluctuations, and intense competition from established players create challenges. Furthermore, supply chain disruptions cause production delays and price increases, impacting profitability. Regulatory hurdles regarding material composition and environmental standards necessitate continuous adaptation and investment, potentially slowing growth for some manufacturers.
Key Players Shaping the Europe Waterborne Adhesives Industry Market
- Henkel AG & Co KGaA
- Franklin Adhesives & Polymers
- Pidilite Industries Ltd
- 3M
- Ashland
- Arkema Group
- Dow
- Sika AG
Significant Europe Waterborne Adhesives Industry Industry Milestones
- 2020: Introduction of a new bio-based acrylic adhesive by Henkel AG & Co KGaA, significantly improving sustainability.
- 2022: Merger between two smaller adhesive manufacturers, resulting in increased market consolidation.
- 2023: Launch of a high-performance PVA emulsion adhesive by 3M, expanding application possibilities in the packaging sector. (Further milestones will be detailed in the complete report.)
Future Outlook for Europe Waterborne Adhesives Industry Market
The European waterborne adhesives market is poised for continued growth, driven by a combination of factors including the ongoing expansion of the construction industry, increasing demand for sustainable packaging, and continuous innovation in adhesive technology. The strategic focus on sustainability, coupled with technological advancements, presents significant opportunities for market players. This positive outlook projects substantial market expansion and reinforces the investment potential within this sector.
Europe Waterborne Adhesives Industry Segmentation
-
1. Resin Type
- 1.1. Acrylics
- 1.2. Polyvinyl Acetate (PVA) Emulsion
- 1.3. Ethylene Vinyl Acetate (EVA) Emulsion
- 1.4. Polyuret
- 1.5. Other Resin Types
-
2. End-user Industry
- 2.1. Building & Construction
- 2.2. Paper, Board, and Packaging
- 2.3. Woodworking & Joinery
- 2.4. Transportation
- 2.5. Healthcare
- 2.6. Electrical & Electronics
- 2.7. Other End-user Industries
Europe Waterborne Adhesives Industry Segmentation By Geography
- 1. Geramany
- 2. United Kingdom
- 3. France
- 4. Italy
- 5. Rest of Europe

Europe Waterborne Adhesives Industry REPORT HIGHLIGHTS
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of > 5.00% from 2019-2033 |
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. ; Environmental Friendly Substitute to Solvent-based Adhesives; Other Drivers
- 3.3. Market Restrains
- 3.3.1. ; Poor Setting Speed of the Waterborne Adhesives; Other Restraints
- 3.4. Market Trends
- 3.4.1. Polyvinyl Acetate (PVA) Emulsion to Dominate the Market
- 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. Europe Waterborne Adhesives Industry Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Resin Type
- 5.1.1. Acrylics
- 5.1.2. Polyvinyl Acetate (PVA) Emulsion
- 5.1.3. Ethylene Vinyl Acetate (EVA) Emulsion
- 5.1.4. Polyuret
- 5.1.5. Other Resin Types
- 5.2. Market Analysis, Insights and Forecast - by End-user Industry
- 5.2.1. Building & Construction
- 5.2.2. Paper, Board, and Packaging
- 5.2.3. Woodworking & Joinery
- 5.2.4. Transportation
- 5.2.5. Healthcare
- 5.2.6. Electrical & Electronics
- 5.2.7. Other End-user Industries
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. Geramany
- 5.3.2. United Kingdom
- 5.3.3. France
- 5.3.4. Italy
- 5.3.5. Rest of Europe
- 5.1. Market Analysis, Insights and Forecast - by Resin Type
- 6. Geramany Europe Waterborne Adhesives Industry Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - by Resin Type
- 6.1.1. Acrylics
- 6.1.2. Polyvinyl Acetate (PVA) Emulsion
- 6.1.3. Ethylene Vinyl Acetate (EVA) Emulsion
- 6.1.4. Polyuret
- 6.1.5. Other Resin Types
- 6.2. Market Analysis, Insights and Forecast - by End-user Industry
- 6.2.1. Building & Construction
- 6.2.2. Paper, Board, and Packaging
- 6.2.3. Woodworking & Joinery
- 6.2.4. Transportation
- 6.2.5. Healthcare
- 6.2.6. Electrical & Electronics
- 6.2.7. Other End-user Industries
- 6.1. Market Analysis, Insights and Forecast - by Resin Type
- 7. United Kingdom Europe Waterborne Adhesives Industry Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - by Resin Type
- 7.1.1. Acrylics
- 7.1.2. Polyvinyl Acetate (PVA) Emulsion
- 7.1.3. Ethylene Vinyl Acetate (EVA) Emulsion
- 7.1.4. Polyuret
- 7.1.5. Other Resin Types
- 7.2. Market Analysis, Insights and Forecast - by End-user Industry
- 7.2.1. Building & Construction
- 7.2.2. Paper, Board, and Packaging
- 7.2.3. Woodworking & Joinery
- 7.2.4. Transportation
- 7.2.5. Healthcare
- 7.2.6. Electrical & Electronics
- 7.2.7. Other End-user Industries
- 7.1. Market Analysis, Insights and Forecast - by Resin Type
- 8. France Europe Waterborne Adhesives Industry Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - by Resin Type
- 8.1.1. Acrylics
- 8.1.2. Polyvinyl Acetate (PVA) Emulsion
- 8.1.3. Ethylene Vinyl Acetate (EVA) Emulsion
- 8.1.4. Polyuret
- 8.1.5. Other Resin Types
- 8.2. Market Analysis, Insights and Forecast - by End-user Industry
- 8.2.1. Building & Construction
- 8.2.2. Paper, Board, and Packaging
- 8.2.3. Woodworking & Joinery
- 8.2.4. Transportation
- 8.2.5. Healthcare
- 8.2.6. Electrical & Electronics
- 8.2.7. Other End-user Industries
- 8.1. Market Analysis, Insights and Forecast - by Resin Type
- 9. Italy Europe Waterborne Adhesives Industry Analysis, Insights and Forecast, 2019-2031
- 9.1. Market Analysis, Insights and Forecast - by Resin Type
- 9.1.1. Acrylics
- 9.1.2. Polyvinyl Acetate (PVA) Emulsion
- 9.1.3. Ethylene Vinyl Acetate (EVA) Emulsion
- 9.1.4. Polyuret
- 9.1.5. Other Resin Types
- 9.2. Market Analysis, Insights and Forecast - by End-user Industry
- 9.2.1. Building & Construction
- 9.2.2. Paper, Board, and Packaging
- 9.2.3. Woodworking & Joinery
- 9.2.4. Transportation
- 9.2.5. Healthcare
- 9.2.6. Electrical & Electronics
- 9.2.7. Other End-user Industries
- 9.1. Market Analysis, Insights and Forecast - by Resin Type
- 10. Rest of Europe Europe Waterborne Adhesives Industry Analysis, Insights and Forecast, 2019-2031
- 10.1. Market Analysis, Insights and Forecast - by Resin Type
- 10.1.1. Acrylics
- 10.1.2. Polyvinyl Acetate (PVA) Emulsion
- 10.1.3. Ethylene Vinyl Acetate (EVA) Emulsion
- 10.1.4. Polyuret
- 10.1.5. Other Resin Types
- 10.2. Market Analysis, Insights and Forecast - by End-user Industry
- 10.2.1. Building & Construction
- 10.2.2. Paper, Board, and Packaging
- 10.2.3. Woodworking & Joinery
- 10.2.4. Transportation
- 10.2.5. Healthcare
- 10.2.6. Electrical & Electronics
- 10.2.7. Other End-user Industries
- 10.1. Market Analysis, Insights and Forecast - by Resin Type
- 11. Germany Europe Waterborne Adhesives Industry Analysis, Insights and Forecast, 2019-2031
- 12. France Europe Waterborne Adhesives Industry Analysis, Insights and Forecast, 2019-2031
- 13. Italy Europe Waterborne Adhesives Industry Analysis, Insights and Forecast, 2019-2031
- 14. United Kingdom Europe Waterborne Adhesives Industry Analysis, Insights and Forecast, 2019-2031
- 15. Netherlands Europe Waterborne Adhesives Industry Analysis, Insights and Forecast, 2019-2031
- 16. Sweden Europe Waterborne Adhesives Industry Analysis, Insights and Forecast, 2019-2031
- 17. Rest of Europe Europe Waterborne Adhesives Industry Analysis, Insights and Forecast, 2019-2031
- 18. Competitive Analysis
- 18.1. Market Share Analysis 2024
- 18.2. Company Profiles
- 18.2.1 Henkel AG & Co KGaA
- 18.2.1.1. Overview
- 18.2.1.2. Products
- 18.2.1.3. SWOT Analysis
- 18.2.1.4. Recent Developments
- 18.2.1.5. Financials (Based on Availability)
- 18.2.2 Franklin Adhesives & Polymers *List Not Exhaustive
- 18.2.2.1. Overview
- 18.2.2.2. Products
- 18.2.2.3. SWOT Analysis
- 18.2.2.4. Recent Developments
- 18.2.2.5. Financials (Based on Availability)
- 18.2.3 Pidilite Industries Ltd
- 18.2.3.1. Overview
- 18.2.3.2. Products
- 18.2.3.3. SWOT Analysis
- 18.2.3.4. Recent Developments
- 18.2.3.5. Financials (Based on Availability)
- 18.2.4 3M
- 18.2.4.1. Overview
- 18.2.4.2. Products
- 18.2.4.3. SWOT Analysis
- 18.2.4.4. Recent Developments
- 18.2.4.5. Financials (Based on Availability)
- 18.2.5 Ashland
- 18.2.5.1. Overview
- 18.2.5.2. Products
- 18.2.5.3. SWOT Analysis
- 18.2.5.4. Recent Developments
- 18.2.5.5. Financials (Based on Availability)
- 18.2.6 Arkema Group
- 18.2.6.1. Overview
- 18.2.6.2. Products
- 18.2.6.3. SWOT Analysis
- 18.2.6.4. Recent Developments
- 18.2.6.5. Financials (Based on Availability)
- 18.2.7 Dow
- 18.2.7.1. Overview
- 18.2.7.2. Products
- 18.2.7.3. SWOT Analysis
- 18.2.7.4. Recent Developments
- 18.2.7.5. Financials (Based on Availability)
- 18.2.8 Sika AG
- 18.2.8.1. Overview
- 18.2.8.2. Products
- 18.2.8.3. SWOT Analysis
- 18.2.8.4. Recent Developments
- 18.2.8.5. Financials (Based on Availability)
- 18.2.1 Henkel AG & Co KGaA
List of Figures
- Figure 1: Europe Waterborne Adhesives Industry Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: Europe Waterborne Adhesives Industry Share (%) by Company 2024
List of Tables
- Table 1: Europe Waterborne Adhesives Industry Revenue Million Forecast, by Region 2019 & 2032
- Table 2: Europe Waterborne Adhesives Industry Revenue Million Forecast, by Resin Type 2019 & 2032
- Table 3: Europe Waterborne Adhesives Industry Revenue Million Forecast, by End-user Industry 2019 & 2032
- Table 4: Europe Waterborne Adhesives Industry Revenue Million Forecast, by Region 2019 & 2032
- Table 5: Europe Waterborne Adhesives Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 6: Germany Europe Waterborne Adhesives Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 7: France Europe Waterborne Adhesives Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 8: Italy Europe Waterborne Adhesives Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 9: United Kingdom Europe Waterborne Adhesives Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 10: Netherlands Europe Waterborne Adhesives Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 11: Sweden Europe Waterborne Adhesives Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 12: Rest of Europe Europe Waterborne Adhesives Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 13: Europe Waterborne Adhesives Industry Revenue Million Forecast, by Resin Type 2019 & 2032
- Table 14: Europe Waterborne Adhesives Industry Revenue Million Forecast, by End-user Industry 2019 & 2032
- Table 15: Europe Waterborne Adhesives Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 16: Europe Waterborne Adhesives Industry Revenue Million Forecast, by Resin Type 2019 & 2032
- Table 17: Europe Waterborne Adhesives Industry Revenue Million Forecast, by End-user Industry 2019 & 2032
- Table 18: Europe Waterborne Adhesives Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 19: Europe Waterborne Adhesives Industry Revenue Million Forecast, by Resin Type 2019 & 2032
- Table 20: Europe Waterborne Adhesives Industry Revenue Million Forecast, by End-user Industry 2019 & 2032
- Table 21: Europe Waterborne Adhesives Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 22: Europe Waterborne Adhesives Industry Revenue Million Forecast, by Resin Type 2019 & 2032
- Table 23: Europe Waterborne Adhesives Industry Revenue Million Forecast, by End-user Industry 2019 & 2032
- Table 24: Europe Waterborne Adhesives Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 25: Europe Waterborne Adhesives Industry Revenue Million Forecast, by Resin Type 2019 & 2032
- Table 26: Europe Waterborne Adhesives Industry Revenue Million Forecast, by End-user Industry 2019 & 2032
- Table 27: Europe Waterborne Adhesives Industry Revenue Million Forecast, by Country 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Europe Waterborne Adhesives Industry?
The projected CAGR is approximately > 5.00%.
2. Which companies are prominent players in the Europe Waterborne Adhesives Industry?
Key companies in the market include Henkel AG & Co KGaA, Franklin Adhesives & Polymers *List Not Exhaustive, Pidilite Industries Ltd, 3M, Ashland, Arkema Group, Dow, Sika AG.
3. What are the main segments of the Europe Waterborne Adhesives Industry?
The market segments include Resin Type, End-user Industry.
4. Can you provide details about the market size?
The market size is estimated to be USD XX Million as of 2022.
5. What are some drivers contributing to market growth?
; Environmental Friendly Substitute to Solvent-based Adhesives; Other Drivers.
6. What are the notable trends driving market growth?
Polyvinyl Acetate (PVA) Emulsion to Dominate the Market.
7. Are there any restraints impacting market growth?
; Poor Setting Speed of the Waterborne Adhesives; Other Restraints.
8. Can you provide examples of recent developments in the market?
N/A
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 5250, and USD 8750 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Europe Waterborne Adhesives 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 Europe Waterborne Adhesives 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 Europe Waterborne Adhesives Industry?
To stay informed about further developments, trends, and reports in the Europe Waterborne Adhesives 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