Market revenue in 2023 | USD 13,217.9 million |
Market revenue in 2030 | USD 17,995.8 million |
Growth rate | 4.5% (CAGR from 2023 to 2030) |
Largest segment | Polyethylene (pe) |
Fastest growing segment | Ethylene-Vinyl Acetate (EVA) |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Polyethylene (PE), Polypropylene (PP), Ethylene-Vinyl Acetate (EVA), Thermoplastic Polyolefins (TPOs), Polyoxymethylene (POM), Polycarbonate (PC), Polymethyl Methacrylate (PMMA) |
Key market players worldwide | China Petroleum & Chemical Corp Class H, LyondellBasell Industries NV Class A, PetroChina Co Ltd Class H, TotalEnergies SE, Chevron Corp, Repsol SA, Dow Inc, Exxon Mobil Corp, Braskem SA ADR, OMV AG |
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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 polyolefin market will help companies and investors design strategic landscapes.
Polyethylene (pe) was the largest segment with a revenue share of 37.33% in 2023. Horizon Databook has segmented the Japan polyolefin market based on polyethylene (pe), polypropylene (pp), ethylene-vinyl acetate (eva), thermoplastic polyolefins (tpos), polyoxymethylene (pom), polycarbonate (pc), polymethyl methacrylate (pmma) covering the revenue growth of each sub-segment from 2018 to 2030.
Japan is the third-largest economy globally in terms of nominal GDP and the fourth-largest in terms of purchasing power parity. The country accounts for a huge demand for polyolefins due to the presence of an established production, trade, and industrial environment.
Japan is a major producer and exporter of electronics, semiconductors, optical instruments, and hybrid vehicles. Polyolefins are used in all of the aforementioned industries and their demand is expected to witness growth over the forecast period alongside the growth of these industries.
Packaging, consumer goods, and construction industries, followed by automotive, were the major consumers of polyolefin in the country in 2022, which is expected to foster the growth of the plastics market over the forecast period owing to high consumption.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan polyolefin market , including forecasts for subscribers. This country databook contains high-level insights into Japan polyolefin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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