Japan Self-healing Materials Market Size & Outlook
Japan self-healing materials market, 2018-2030 (US$M)
Related Markets
Japan self-healing materials market highlights
- The Japan self-healing materials market generated a revenue of USD 149.9 million in 2023 and is expected to reach USD 900.8 million by 2030.
- The Japan market is expected to grow at a CAGR of 29.2% from 2024 to 2030.
- In terms of segment, coatings was the largest revenue generating product in 2023.
- Concrete is the most lucrative product segment registering the fastest growth during the forecast period.
Self-healing materials market data book summary
| Market revenue in 2023 | USD 149.9 million |
| Market revenue in 2030 | USD 900.8 million |
| Growth rate | 29.2% (CAGR from 2023 to 2030) |
| Largest segment | Coatings |
| Fastest growing segment | Concrete |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Concrete, Coatings, Polymers, Asphalt, Fiber-reinforced Composites, Ceramic, Metals |
| Key market players worldwide | Dow Inc, Covestro AG, Huntsman Corp, Michelin, Akzo Nobel NV, Evonik Industries AG, Basf SE, NEI Corporation, High Impact Technology, MacDermid Autotype |
Other key industry trends
- In terms of revenue, Japan accounted for 7.7% of the global self-healing materials market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China self-healing materials market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,625.4 million by 2030.
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Self-healing Materials Market Scope
Self-healing Materials Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan self-healing materials 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 self-healing materials market will help companies and investors design strategic landscapes.
Coatings was the largest segment with a revenue share of 28.69% in 2023. Horizon Databook has segmented the Japan self-healing materials market based on concrete, coatings, polymers, asphalt, fiber-reinforced composites, ceramic, metals covering the revenue growth of each sub-segment from 2018 to 2030.
Sluggish economic growth in Japan due to a slump in private sector demand net trade is expected to have a negative impact on new construction activities in the country, which is likely to hamper the growth in demand for self-healing concrete in the country.
Furthermore, the country experienced spillover effects of the slowdown in the economy of China, which had a negative impact on the commodity trade between China and Japan.
Despite the weakness in domestic consumption and business investments, improvements in the rate of employment and rising per capita income are expected to result in a modest economic recovery in Japan over the forecast period.
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Our clientele includes a mix of self-healing materials 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 self-healing materials market , including forecasts for subscribers. This country databook contains high-level insights into Japan self-healing materials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan self-healing materials market size, by product, 2018-2030 (US$M)
Japan Self-healing Materials Market Outlook Share, 2023 & 2030 (US$M)
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