Market revenue in 2022 | USD 570.4 million |
Market revenue in 2030 | USD 934.9 million |
Growth rate | 6.4% (CAGR from 2022 to 2030) |
Largest segment | Paints & coatings |
Fastest growing segment | Construction |
Historical data | 2019 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Paints & Coatings, Wind Turbines, Composites, Construction, Electrical & Electronics, Adhesives |
Key market players worldwide | 3M Co, Aditya Birla Group, Basf SE, Solvay SA, Huntsman Corp, Olin Corp, Sika AG, Nan Ya Plastics, China Petroleum & Chemical Corp Class H, Momentive, Kolon Industries, Nagase & Co Ltd |
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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 resin market will help companies and investors design strategic landscapes.
Paints & coatings was the largest segment with a revenue share of 37.03% in 2022. Horizon Databook has segmented the Japan epoxy resin market based on paints & coatings, wind turbines, composites, construction, electrical & electronics, adhesives covering the revenue growth of each sub-segment from 2019 to 2030.
The electrical & electronics segment is expected to witness significant growth over the forecast period. Shifting preferences toward smart offices and smart homes, coupled with the growing disposable income of consumers, is mainly driving the growth of epoxy resins within the electrical & electronics industry.
In addition, the presence of major players, including Casio, Akai, Canon, Hitachi, Mitsubishi Electric, Citizen, Fujitsu, Kyocera, NEC, Nikon, Olympus, Panasonic, Pioneer, Seiko Group, Sharp Corporation, Sony, Toshiba, and Yamaha, is creating large production base for electrical & electronics products in the country, thereby driving the demand for epoxy resins in electrical & electronics end user.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan epoxy resin market , including forecasts for subscribers. This country databook contains high-level insights into Japan epoxy resin market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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