Bharat Book Bureau Provides the Trending Market Research Report on “India Automotive Plastics Market Forecast and Opportunities FY2017-FY2027” under Chemical & Materials Market Research Reports Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.
Our dedicated team of industry experts has monitored and analyzed various aspects of India Automotive Plastic Market. The team has analyzed the outlook of various segments of this market, while considering the major influencing factors such as rising demand for automotive plastic.
The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in India automotive plastic market.
Methodology Followed for Calculation of Market Size:
• Market Size by Value & Volume: Market size, in terms of value & volume, for the year FY2021 was calculated based on information
collected through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as automotive
plastic companies, channel partners, end-user industry experts, and other industry participants.
The team interviewed more than 15-20 automotive plastic market companies, 100 – 120 end use industries, and 15 – 20 industry experts and other value chain stakeholders in India automotive plastic market to obtain the overall market size for FY2017-FY2021, which was validated by the Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data for FY2017-FY2021.
• Respondents were asked about the current and future market growth rates, market shares by vehicle type, by type, by application, by company and by region. Removing the outlier responses, the geometric mean of growth estimates and provider wise revenue shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various segments were further triangulated from other stakeholders.
Methodology Followed for Calculation of Market Shares:
• Market shares by vehicle type, by type, by application, by company and by region were calculated based on the responses received through primary surveys with industry experts, in which the respondents were asked about the market shares or revenue generated from various
segments of automotive plastic market. The final shares were calculated by taking the geometric mean of the responses gathered from key opinion leaders after eliminating the outliers.
Methodology Followed for Forecasting:
• TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in SPSS/Tableau Software.
• Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast India automotive plastic market, TechSci Research used various forecast techniques such as:
-Time Series Analysis
-Econometric and Judgmental Analysis
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