Japan Resinous Flooring Market Size & Outlook, 2023-2030
Japan resinous flooring market, 2018-2030 (US$M)
Related Markets
Japan resinous flooring market highlights
- The Japan resinous flooring market generated a revenue of USD 224.4 million in 2023 and is expected to reach USD 351.5 million by 2030.
- The Japan market is expected to grow at a CAGR of 6.6% from 2024 to 2030.
- In terms of segment, epoxy was the largest revenue generating resin type in 2023.
- Epoxy is the most lucrative resin type segment registering the fastest growth during the forecast period.
Resinous flooring market data book summary
| Market revenue in 2023 | USD 224.4 million |
| Market revenue in 2030 | USD 351.5 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Epoxy |
| Fastest growing segment | Epoxy |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Epoxy, Polymethyl Methacrylate, Polyurethane |
| Key market players worldwide | RPM International Inc, Tri Polarcon, ArmorPoxy, Sika AG, Resdev, RCR Industrial Flooring, Jemkon, Flowcrete Group |
Other key industry trends
- In terms of revenue, Japan accounted for 4.4% of the global resinous flooring market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China resinous flooring market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 201.6 million by 2030.
Epoxy was the largest segment with a revenue share of 44.61% in 2023. Horizon Databook has segmented the Japan resinous flooring market based on epoxy, polymethyl methacrylate, polyurethane covering the revenue growth of each sub-segment from 2018 to 2030.
The construction sector in Japan has witnessed significant growth in the past few years on account of industrial development and growth in its economy. The construction of high towers by private players and the government is expected to propel the demand for resinous flooring products over the forecast period.
For instance, the construction of the Hamamatsucho Shibaura 1 Chome project started in October 2021 and is expected to be finished in two phases. In the first phase, a 43-stories south tower is expected to be constructed and finished by 2024.
In the second phase, the construction of the neighboring 45-stories north tower is expected to begin by 2027 and finish by 2030.
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Resinous Flooring Market Scope
Resinous Flooring Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan resinous flooring market size, by resin type, 2018-2030 (US$M)
Japan Resinous Flooring Market Share, 2023 & 2030 (US$M)
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