Japan Polyurethane Market Size & Outlook, 2022-2030
Japan polyurethane market, 2018-2030 (US$M)
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Japan polyurethane market highlights
- The Japan polyurethane market generated a revenue of USD 7,598.5 million in 2022 and is expected to reach USD 10,806.9 million by 2030.
- The Japan market is expected to grow at a CAGR of 4.5% from 2023 to 2030.
- In terms of segment, other end uses was the largest revenue generating end use in 2022.
- ELECTRICAL & ELECTRONICS is the most lucrative end use segment registering the fastest growth during the forecast period.
Polyurethane market data book summary
| Market revenue in 2022 | USD 7,598.5 million |
| Market revenue in 2030 | USD 10,806.9 million |
| Growth rate | 4.5% (CAGR from 2022 to 2030) |
| Largest segment | Other end uses |
| Fastest growing segment | ELECTRICAL & ELECTRONICS |
| 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 |
Other key industry trends
- In terms of revenue, Japan accounted for 7.4% of the global polyurethane market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China polyurethane market is projected to lead the regional market in terms of revenue in 2030.
- Thailand is the fastest growing regional market in Asia Pacific and is projected to reach USD 926.2 million by 2030.
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Polyurethane Market Scope
Polyurethane Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan polyurethane 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 polyurethane market will help companies and investors design strategic landscapes.
Other end uses was the largest segment with a revenue share of 35.3% in 2022. Horizon Databook has segmented the Japan polyurethane 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 has some of the large-scale globally renowned auto brands. The country is home to key global automakers such as Toyota, Mitsubishi, Honda, Subaru, Nissan, Fuso, Daihatsu, Hino, Lexus, and Mazda. Growing automotive production coupled with facility expansion of major automotive OEMs and aftermarkets is projected to develop the automotive demand over the forecast period.
The growing automotive demand is expected to impact the polyurethane market over the next seven years significantly. However, owing to slowdown in the Japanese economy in wake of the coronavirus outbreak, manufacturing industry has witnessed a decline in first half of 2020.
This trend is projected to continue until the first half of 2021, in turn, hampering polyurethane market growth in Japan. Moreover, the recent UK-Japan trade deal is also expected to benefit the Japanese automotive manufacturers in the long run.
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Our clientele includes a mix of polyurethane market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 polyurethane market , including forecasts for subscribers. This country databook contains high-level insights into Japan polyurethane market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan polyurethane market size, by end use, 2018-2030 (US$M)
Japan Polyurethane Market Outlook Share, 2022 & 2030 (US$M)
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