Results
The Company was facing severe supply-demand fluctuations and very low return on investment. The Y-o-Y growth was challenged. The percentage growth of the company in the firstyear end (2019) was 30%, which went down to 15% by the end of 2020. After the end of the first quarter of 2021, Research Nester was brought into the picture to help the business stay afloat and manage sustainable growth. The analysts created a comprehensive action plan for the company’s supply and demand business model considering its offer to suppliers, the market price of its products, the margins, and the supply chain mechanism. The prevailing demand in the market, the end-use industries with high product requirements, and the current competitive landscape were also analyzed. The top sources for supplying superior quality raw materials such as composite fiber and matrix materials that could be silicon carbide or carbon were included in the analysis. Furthermore, the ratio-based requirement for each depending on the finished product was also studied for better quality purposes. The percentage growth reached 20% by the end of 2021 and it gained momentum to reach 45% by the end of 2022. With a better understanding of the market mechanisms and crucial analysis of the current and future trends, the company was able to build a better market position and subsequently, profitable growth. All of it contributed to the maximization of its revenue.