Market revenue in 2022 | USD 10,323.2 million |
Market revenue in 2030 | USD 14,290.2 million |
Growth rate | 4.1% (CAGR from 2022 to 2030) |
Largest segment | Packaging |
Fastest growing segment | CONSTRUCTION |
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 | Basf SE, Borealis Exploration Ltd, Braskem SA ADR, Dow Inc, Exxon Mobil Corp, LyondellBasell Industries NV Class A, Mitsubishi Chemical Group Corp, China Petroleum & Chemical Corp Class H, Formosa Plastics Group, LG Chem, MOL Group, INEOS, SABIC |
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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 polyethylene market will help companies and investors design strategic landscapes.
Packaging was the largest segment with a revenue share of 68.74% in 2022. Horizon Databook has segmented the Japan polyethylene market based on packaging, construction, electrical & electronics, automotive, medical, other end uses covering the revenue growth of each sub-segment from 2018 to 2030.
Infrastructure development and construction projects are additional drivers for the growth of polyethylene market in Japan. The objective of the government of the country to modernize its infrastructure and focus on earthquake-resistant construction stimulates the demand for polyethylene pipes, cables, and construction materials in the country.
As Japan invests in rebuilding and enhancing its urban and rural infrastructure, the demand for polyethylene is expected to grow in the country during As the country is prone to natural disasters such as earthquakes and typhoons, it drives the demand for polyethylene to produce resilient and durable disaster relief materials.
Polyethylene is utilized for constructing emergency shelters, temporary housings, and protective gear owing to its versatility in addressing the challenges posed by natural disasters. Japan continually invests in the development of disaster-resilient infrastructure and materials.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan polyethylene market , including forecasts for subscribers. This country databook contains high-level insights into Japan polyethylene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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