Studies dealing with analyzing the trend in plastics and composites industry covering engineering & commodity plastics, fibre glass products, SMC & DMC are BDB’s greatest strengths. We have carried out several market research studies related to plastics industry.
BDB’s experience in the composites & plastics industry market research includes strategy consulting assignments in the field of plastic raw materials like Polyacetyl, ABS, Nylon 6, 66, Engineering Plastic Components that find applications in Automotive, Electronics & Telecommunication Segments, Fibre Glass Consumption & its applications, evolution of GRP, SMC & DMC products in cross section of industries, just to name a few. BDB has also carried out studies for plastic injection & blow moulding and extrusion lines.
To identify a new business opportunity, BDB first understands its clients’ strengths, weaknesses and expectations. The horizons are then scanned so to speak, nationally or globally. Complimentary or synergistic business opportunities are then identified and short listed. Thereafter, these short listed opportunities shall then be investigated to verify whether they are relevant to BDB‘s clients and whether they can be dove tailed with the clients’ business paradigm.
For new opportunity areas, each opportunity is thoroughly investigated quantitatively and qualitatively so that BDB’s client has a complete picture as well as flavour of the opportunity – both existing and emerging.
For market entry studies, BDB begins with detailed market research for the identified products, evaluates current and potential demand and then identifies locations for setting up the project. Based on these inputs, BDB conducts a techno-economic feasibility study.
At conclusion, the output of such market research studies comprehensively results in an incisive, authentic and reliable Growth Strategy Recommendation Document.
BDB has assisted in setting up new projects, in acquisitions, in testing new ideas, in evaluating markets and brand equity, measuring customer satisfaction as well as in conducting pre & post launch studies in India and across the globe. BDB has also conducted assignments in the expansion of existing businesses.