Japan Self-healing Materials Market Size & Outlook
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Japan self-healing materials market highlights
- The Japan self-healing materials market generated a revenue of USD 199.8 million in 2024 and is expected to reach USD 1,672.0 million by 2033.
- The Japan market is expected to grow at a CAGR of 26% from 2025 to 2033.
- In terms of segment, coatings was the largest revenue generating product in 2024.
- 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 2024 | USD 199.8 million |
| Market revenue in 2033 | USD 1,672.0 million |
| Growth rate | 26% (CAGR from 2025 to 2033) |
| Largest segment | Coatings |
| Fastest growing segment | Concrete |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polymers, Coatings, Concrete, Fiber-reinforced Composites, Asphalt, 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 8.0% of the global self-healing materials market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China self-healing materials market is projected to lead the regional market in terms of revenue in 2033.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,075.8 million by 2033.
Coatings was the largest segment with a revenue share of 38.09% in 2024. Horizon Databook has segmented the Japan self-healing materials market based on polymers, coatings, concrete, fiber-reinforced composites, asphalt, ceramic, metals covering the revenue growth of each sub-segment from 2021 to 2033.
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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Self-healing Materials Market Scope
Self-healing Materials Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| MacDermid Autotype | View profile | 251-500 | Wantage, Oxfordshire, United Kingdom, Europe | http://autotype.macdermid.com |
| High Impact Technology | View profile | 11-50 | Salem, Oregon, United States, North America | https://hit-usa.com |
| Michelin | View profile | 125000 | 23, Place des Carmes, Dechaux, Puy-de-Dome, Clermont-Ferrand, France, 63000 | https://www.michelin.com |
| Akzo Nobel NV | View profile | 35500 | Christian Neefestraat 2, Amsterdam, NH, Netherlands, 1077 WW | https://www.akzonobel.com |
| NEI Corporation | View profile | 11-50 | Somerset, New Jersey, United States, North America | https://www.neicorporation.com/ |
| Covestro AG | View profile | 17520 | Kaiser-Wilhelm-Allee 60, Leverkusen, NW, Germany, 51373 | https://www.covestro.com/en |
| Huntsman Corp | View profile | 6000 | 10003 Woodloch Forest Drive, The Woodlands, TX, United States, 77380 | https://www.huntsman.com |
| Dow Inc | View profile | 35900 | 2211 H.H. Dow Way, Midland, MI, United States, 48674 | https://www.dow.com |
| Evonik Industries AG | View profile | 33409 | Rellinghauser Strasse 1-11, Essen, NW, Germany, 45128 | https://www.evonik.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
Japan self-healing materials market size, by product, 2021-2033 (US$M)
Japan Self-healing Materials Market Outlook Share, 2024 & 2033 (US$M)
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