Japan Injection Molded Plastic Market Size & Outlook
Japan injection molded plastic market, 2019-2030 (US$M)
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Japan injection molded plastic market highlights
- The Japan injection molded plastic market generated a revenue of USD 18,195.9 million in 2023 and is expected to reach USD 25,381.9 million by 2030.
- The Japan market is expected to grow at a CAGR of 4.9% from 2024 to 2030.
- In terms of segment, polypropylene was the largest revenue generating raw material in 2023.
- Polypropylene is the most lucrative raw material segment registering the fastest growth during the forecast period.
Injection molded plastic market data book summary
| Market revenue in 2023 | USD 18,195.9 million |
| Market revenue in 2030 | USD 25,381.9 million |
| Growth rate | 4.9% (CAGR from 2023 to 2030) |
| Largest segment | Polypropylene |
| Fastest growing segment | Polypropylene |
| Historical data | 2019 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polypropylene, Acrylonitrile butadiene styrene, High-density polyethylene, Polystyrene, Other Raw Materials |
| Key market players worldwide | Exxon Mobil Corp, Basf SE, DuPont de Nemours Inc, Dow Inc, Huntsman Corp, Eastman Chemical Co, INEOS, LyondellBasell Industries NV Class A, SABIC, Magna International Inc, IAC Inc Ordinary Shares - New, Berry Global Group Inc, HTI Plastics, AptarGroup Inc, The Rodon Group |
Other key industry trends
- In terms of revenue, Japan accounted for 5.5% of the global injection molded plastic market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China injection molded plastic market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 11,326.2 million by 2030.
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Injection Molded Plastic Market Scope
Injection Molded Plastic Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan injection molded plastic 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 injection molded plastic market will help companies and investors design strategic landscapes.
Polypropylene was the largest segment with a revenue share of 33.82% in 2023. Horizon Databook has segmented the Japan injection molded plastic market based on polypropylene, acrylonitrile butadiene styrene, high-density polyethylene, polystyrene, other raw materials covering the revenue growth of each sub-segment from 2019 to 2030.
Japan injection molded plastic market is expected to witness growth owing to the presence of leading automobile manufacturers including Toyota, Mazda, Suzuki, and Nissan. Good manufacturing practices and utilization of technology in automobile industry in Japan are anticipated to promote automobile production.
In addition, high penetration of PPS manufacturers in Japan and their strategic partnerships with OEMs are expected to have a positive impact on the market over the forecast period. Furthermore, the increasing R&D activities in Japan to promote innovation in construction industry is anticipated to boost the role of plastics in indoor and outdoor applications of residential and commercial buildings.
Thus, all the aforementioned factors together are likely to fuel the demand for injection molded plastics in building & construction sector over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan injection molded plastic market , including forecasts for subscribers. This country databook contains high-level insights into Japan injection molded plastic market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Japan injection molded plastic market outlook size, by raw material, 2019-2030 (US$M)
Japan Injection Molded Plastic Market Outlook Share, 2023 & 2030 (US$M)
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