Japan Polycarbonate Market Size & Outlook, 2022-2030
Japan polycarbonate market, 2018-2030 (US$M)
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Japan polycarbonate market highlights
- The Japan polycarbonate market generated a revenue of USD 1,491.9 million in 2022 and is expected to reach USD 2,028.1 million by 2030.
- The Japan market is expected to grow at a CAGR of 3.9% from 2023 to 2030.
- In terms of segment, electrical & electronics was the largest revenue generating end use in 2022.
- AUTOMOTIVE is the most lucrative end use segment registering the fastest growth during the forecast period.
Polycarbonate market data book summary
| Market revenue in 2022 | USD 1,491.9 million |
| Market revenue in 2030 | USD 2,028.1 million |
| Growth rate | 3.9% (CAGR from 2022 to 2030) |
| Largest segment | Electrical & electronics |
| Fastest growing segment | AUTOMOTIVE |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PACKAGING, CONSTRUCTION, ELECTRICAL & ELECTRONICS, AUTOMOTIVE, MEDICAL, OTHER END USES |
| Key market players worldwide | Covestro AG, Teijin Ltd, Mitsubishi Corp, Trinseo PLC, Idemitsu Kosan Co Ltd, Lotte Chemical, LG Chem, SABIC, Lone Star Chemical, CHIMEI, Entec Polymers, RTP Company |
Other key industry trends
- In terms of revenue, Japan accounted for 8.1% of the global polycarbonate market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China polycarbonate market is projected to lead the regional market in terms of revenue in 2030.
- Indonesia is the fastest growing regional market in Asia Pacific and is projected to reach USD 376.4 million by 2030.
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Polycarbonate Market Scope
Polycarbonate Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan polycarbonate 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 polycarbonate market will help companies and investors design strategic landscapes.
Electrical & electronics was the largest segment with a revenue share of 25.24% in 2022. Horizon Databook has segmented the Japan polycarbonate market based on packaging, construction, electrical & electronics, automotive, medical, other end uses covering the revenue growth of each sub-segment from 2018 to 2030.
Japan is diversified by various industries including manufacturing, industrial, defense and security. With advancement in digitalization, Japan is increasingly investing in the polycarbonate market, largely in the defense industry, to make fire retardant sheets which provide a high degree of impact resistance.
The electrical & electronics segment is expected to witness significant growth over the forecast period. Shifting preference toward smart offices and smart homes and growing disposable income of consumers are mainly driving the electrical & electronics industry.
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 a huge production base for electrical & electronics products in the country, which is driving the demand for polycarbonate in electrical & electronic applications.
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Our clientele includes a mix of polycarbonate market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Japan polycarbonate market , including forecasts for subscribers. This country databook contains high-level insights into Japan polycarbonate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan polycarbonate market size, by end use, 2018-2030 (US$M)
Japan Polycarbonate Market Outlook Share, 2022 & 2030 (US$M)
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