Japan Epoxy Composite Market Size & Outlook, 2020-2028
Japan epoxy composite market, 2017-2028 (US$M)
Related Markets
Japan epoxy composite market highlights
- The Japan epoxy composite market generated a revenue of USD 1,933.8 million in 2020 and is expected to reach USD 3,963.5 million by 2028.
- The Japan market is expected to grow at a CAGR of 9.4% from 2021 to 2028.
- In terms of segment, glass fiber was the largest revenue generating fiber type in 2020.
- Carbon Fiber is the most lucrative fiber type segment registering the fastest growth during the forecast period.
Epoxy composite market data book summary
| Market revenue in 2020 | USD 1,933.8 million |
| Market revenue in 2028 | USD 3,963.5 million |
| Growth rate | 9.4% (CAGR from 2020 to 2028) |
| Largest segment | Glass fiber |
| Fastest growing segment | Carbon Fiber |
| Historical data | 2017 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Glass Fiber, Carbon Fiber, Other Fibers |
| Key market players worldwide | Teijin Ltd, Toray Industries Inc, Huntsman Corp, SGL Group, Hexcel Corp, Solvay SA, Park Aerospace Corp, Arkema SA, Avient Corp, Olin Corp |
Other key industry trends
- In terms of revenue, Japan accounted for 6.8% of the global epoxy composite market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, China epoxy composite market is projected to lead the regional market in terms of revenue in 2028.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 10,606.3 million by 2028.
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Epoxy Composite Market Scope
Epoxy Composite Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan epoxy composite 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 epoxy composite market will help companies and investors design strategic landscapes.
Glass fiber was the largest segment with a revenue share of 57.71% in 2020. Horizon Databook has segmented the Japan epoxy composite market based on glass fiber, carbon fiber, other fibers covering the revenue growth of each sub-segment from 2017 to 2028.
pan is the third-largest economy in the world, after U.S and China and it has a free market economy. As per the statistics of International Monetary Fund, the country per capita GDP in 2020 is valued at US$ 41,637.
The country has inadequate natural resources and more often it imports raw materials and petroleum products from other nations.
Mostly, Japan is exporting engineering-oriented, research and development-led industrial products across the globe. The Japanese economy has shrunk by 4.8% in 2020 due to the spread of the COVID-19.
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Target buyers of Japan epoxy composite market databook
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Our clientele includes a mix of epoxy composite 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 epoxy composite market , including forecasts for subscribers. This country databook contains high-level insights into Japan epoxy composite market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Japan epoxy composite market size, by fiber type, 2017-2028 (US$M)
Japan Epoxy Composite Market Outlook Share, 2020 & 2028 (US$M)
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