Case Study:
New Market Opportunities for Enhanced Elastomer Material

Industry Areas:

Materials / Polymer Chemistry 

Keywords:

Market Size
Derivative Applications
Competitive Advantage
Commercial Attractiveness

The Need/Problem

A global materials company was interested in determining the market opportunity for its new enhanced elastomer material, and requested that TechScout identify new applications & markets, as well as provide introductions with potential collaboration partners in these new markets.

Scope: TechScout Process / Service

  • Assessing Application Attractiveness: we assessed the performance needs and evaluation of the competitive space for each application.
  • Factors of performance and commercial attractiveness were rated for each application to determine the best opportunities.

Outcome:

  • About 40 possible applications were identified and assessed.
  • Three demand areas were judged to be promising due on the basis of market size and added value through delivering additional performance.
  • Contacts with potential partners were initiated for the three areas to assess their level of interest for this enhanced technology.

What Our Clients Say:

“TechScout has a wonderful ability to identify new applications for technologies, and in this project they helped create new market opportunities that extended the CAPEX investment in our technology platform. Thanks!”

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Discuss your Technology Scouting project?

Schedule a Meeting