Japan Antimicrobial Additives Market Size & Outlook
Japan antimicrobial additives market, 2018-2030 (US$M)
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Japan antimicrobial additives market highlights
- The Japan antimicrobial additives market generated a revenue of USD 170.4 million in 2023 and is expected to reach USD 411.6 million by 2030.
- The Japan market is expected to grow at a CAGR of 13.4% from 2024 to 2030.
- In terms of segment, inorganic was the largest revenue generating product in 2023.
- Inorganic is the most lucrative product segment registering the fastest growth during the forecast period.
Antimicrobial additives market data book summary
| Market revenue in 2023 | USD 170.4 million |
| Market revenue in 2030 | USD 411.6 million |
| Growth rate | 13.4% (CAGR from 2023 to 2030) |
| Largest segment | Inorganic |
| Fastest growing segment | Inorganic |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Organic, Inorganic |
| Key market players worldwide | Basf SE, Miller Industries Inc, Clariant AG, Avient Corp, Momentive, Dow Inc, LyondellBasell Industries NV Class A, ChromaDex Corp, Lonza Group Ltd |
Other key industry trends
- In terms of revenue, Japan accounted for 4.9% of the global antimicrobial additives market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, India antimicrobial additives market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 411.6 million by 2030.
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Antimicrobial Additives Market Scope
Antimicrobial Additives Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan antimicrobial additives 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 antimicrobial additives market will help companies and investors design strategic landscapes.
Inorganic was the largest segment with a revenue share of 55.81% in 2023. Horizon Databook has segmented the Japan antimicrobial additives market based on organic, inorganic covering the revenue growth of each sub-segment from 2018 to 2030.
The outlook of construction sector in Japan is likely to foresee better growth than it has been for years. Ongoing investments in infrastructure projects, continuing reconstruction efforts following April 2016 earthquake, are anticipated to drive construction industry in Japan, thereby fueling the demand for antimicrobial additives over the coming years.
Automotive industry in Japan is one of the most prominent and largest industries in the world. The presence of major automobile companies including Toyota, Honda, Daihatsu, Nissan, Suzuki, Mazda, Mitsubishi, Subaru, and Isuzu is expected to augment the growth of automotive industry, in turn, driving antimicrobial additives market.
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Target buyers of Japan antimicrobial additives market databook
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Our clientele includes a mix of antimicrobial additives market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan antimicrobial additives market , including forecasts for subscribers. This country databook contains high-level insights into Japan antimicrobial additives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan antimicrobial additives market size, by product, 2018-2030 (US$M)
Japan Antimicrobial Additives Market Outlook Share, 2023 & 2030 (US$M)
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