Japan Advanced Composites Market Size & Outlook, 2021-2030

The advanced composites market in Japan is expected to reach a projected revenue of US$ 2,015.6 million by 2030. A compound annual growth rate of 9.8% is expected of Japan advanced composites market from 2022 to 2030.
Revenue, 2021 (US$M)
$872.9
Forecast, 2030 (US$M)
$2,017.3
CAGR, 2022 - 2030
9.8%
Report Coverage
Japan

Japan advanced composites market highlights

  • The Japan advanced composites market generated a revenue of USD 872.9 million in 2021 and is expected to reach USD 2,017.3 million by 2030.
  • The Japan market is expected to grow at a CAGR of 9.8% from 2022 to 2030.
  • In terms of segment, carbon fiber composites was the largest revenue generating product in 2021.
  • Carbon Fiber Composites is the most lucrative product segment registering the fastest growth during the forecast period.

Advanced composites market data book summary

Market revenue in 2021USD 872.9 million
Market revenue in 2030USD 2,017.3 million
Growth rate9.8% (CAGR from 2021 to 2030)
Largest segmentCarbon fiber composites
Fastest growing segmentCarbon Fiber Composites
Historical data2017 - 2020
Base year2021
Forecast period2022 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAramid Fiber Composites, Carbon Fiber Composites, Glass Fiber Composites
Key market players worldwideToray Industries Inc, Teijin Ltd, Hexcel Corp, SGL Group, Cytec Industries, Owens-Corning Inc, DuPont de Nemours Inc, Huntsman Corp, Formosa Plastics Group, Plasan Carbon Composites

Other key industry trends

  • In terms of revenue, Japan accounted for 2.5% of the global advanced composites market in 2021.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China advanced composites market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,597.7 million by 2030.

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Advanced Composites Market Companies

Name Profile # Employees HQ Website

Japan advanced composites market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to advanced composites market will help companies and investors design strategic landscapes.


Carbon fiber composites was the largest segment with a revenue share of 67.2% in 2021. Horizon Databook has segmented the Japan advanced composites market based on aramid fiber composites, carbon fiber composites, glass fiber composites covering the revenue growth of each sub-segment from 2017 to 2030.


  • Japan Advanced Composites Product Outlook (Revenue, USD Million, 2017-2030)
    • Aramid Fiber Composites
      • Aerospace & Defense
      • Automotive
      • Wind Energy
      • Sporting Goods
      • Others
    • Carbon Fiber Composites
      • Aerospace & Defense
      • Automotive
      • Wind Energy
      • Sporting Goods
      • Pipes & Tanks
      • Construction
      • Marine
      • Others
    • Glass Fiber Composites
      • Aerospace & Defense
      • Automotive
      • Wind Energy
      • Sporting Goods
      • Pipes & Tanks
      • Construction
      • Marine
      • Others

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Horizon Databook provides a detailed overview of country-level data and insights on the Japan advanced composites market , including forecasts for subscribers. This country databook contains high-level insights into Japan advanced composites market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Japan advanced composites market size, by product, 2017-2030 (US$M)

Japan Advanced Composites Market Outlook Share, 2021 & 2030 (US$M)

Japan advanced composites market size, by product, 2017-2030 (US$M)

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