Japan Resins Market Import Shipment by Countries (Top 5) & Competition (HHI)
In 2024, Japan continued to see steady growth in resin import shipments with a moderate Herfindahl-Hirschman Index (HHI) concentration. Key exporting countries such as China, Taiwan, USA, Malaysia, and South Korea played a significant role in supplying resins to Japan. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 stood at a positive 2.53%. This data indicates a resilient market for resin imports in Japan, with a diverse range of sources contributing to the country's supply chain.
Japan Resins Market Synopsis
The japan resins market is highly competitive and consists of a variety of suppliers, including local companies such as Toray Industries Inc., Asahi Kasei Chemicals Corporation, Mitsui Chemicals Inc., and Nippon Shokubai Co. The market offers a wide range of products from basic polyolefins to engineered thermoplastic elastomers (TPEs), engineering plastics, adhesives, sealants and coatings. The industry has been struggling with overcapacity for the past few years due to declining demand in key end-use sectors including automotive and construction. However, recent trends have shown that the sector is slowly gaining momentum again on account of increasing investments in infrastructure projects throughout the country. This is expected to drive growth in demand for various types of resins used in insulation materials, paints & coatings etc. Furthermore, technological advances are also driving product innovation leading to increased demand for high performance products such as bio-based plastics or biodegradable alternatives which could offer an additional source of revenue growth within the industry going forward.
Key Highlights of the Report:
- Japan Resins Market Outlook
- Market Size of Japan Resins Market, 2019
- Forecast of Japan Resins Market, 2026
- Historical Data and Forecast of Japan Resins Revenues & Volume for the Period 2016 - 2026
- Japan Resins Market Trend Evolution
- Japan Resins Market Drivers and Challenges
- Japan Resins Price Trends
- Japan Resins Porter's Five Forces
- Japan Resins Industry Life Cycle
- Historical Data and Forecast of Japan Resins Market Revenues & Volume By Types for the Period 2016 - 2026
- Historical Data and Forecast of Japan Resins Market Revenues & Volume By Unsaturated Polyester Resins for the Period 2016 - 2026
- Historical Data and Forecast of Japan Resins Market Revenues & Volume By Alkyd Resins for the Period 2016 - 2026
- Historical Data and Forecast of Japan Resins Market Revenues & Volume By Emulsion Polymers for the Period 2016 - 2026
- Historical Data and Forecast of Japan Resins Market Revenues & Volume By Amino Resins for the Period 2016 - 2026
- Historical Data and Forecast of Japan Resins Market Revenues & Volume By Polyester Resin for the Period 2016 - 2026
- Historical Data and Forecast of Japan Resins Market Revenues & Volume By Polyurethane Resins for the Period 2016 - 2026
- Historical Data and Forecast of Japan Resins Market Revenues & Volume By Polyamide Epichlorohydrin Resin for the Period 2016 - 2026
- Historical Data and Forecast of Japan Unsaturated Polyester Resins Resins Market Revenues & Volume By Others for the Period 2016 - 2026
- Historical Data and Forecast of Japan Resins Market Revenues & Volume By Application for the Period 2016 - 2026
- Historical Data and Forecast of Japan Resins Market Revenues & Volume By ?Adhesives for the Period 2016 - 2026
- Historical Data and Forecast of Japan Resins Market Revenues & Volume By Coatings for the Period 2016 - 2026
- Historical Data and Forecast of Japan Resins Market Revenues & Volume By Composites for the Period 2016 - 2026
- Historical Data and Forecast of Japan Resins Market Revenues & Volume By Packaging for the Period 2016 - 2026
- Historical Data and Forecast of Japan Resins Market Revenues & Volume By Paints & Varnishes for the Period 2016 - 2026
- Historical Data and Forecast of Japan Resins Market Revenues & Volume By Foundry Binders for the Period 2016 - 2026
- Historical Data and Forecast of Japan Resins Market Revenues & Volume By Food Packaging for the Period 2016 - 2026
- Historical Data and Forecast of Japan Resins Market Revenues & Volume By Others for the Period 2016 - 2026
- Historical Data and Forecast of Japan Resins Market Revenues & Volume By End-users for the Period 2016 - 2026
- Historical Data and Forecast of Japan Resins Market Revenues & Volume By Electrical and Electronics for the Period 2016 - 2026
- Historical Data and Forecast of Japan Resins Market Revenues & Volume By Automotive for the Period 2016 - 2026
- Historical Data and Forecast of Japan Resins Market Revenues & Volume By Civil Engineering for the Period 2016 - 2026
- Historical Data and Forecast of Japan Resins Market Revenues & Volume By Marine and Shipbuilding for the Period 2016 - 2026
- Historical Data and Forecast of Japan Resins Market Revenues & Volume By Healthcare for the Period 2016 - 2026
- Historical Data and Forecast of Japan Resins Market Revenues & Volume By Oil & Gas for the Period 2016 - 2026
- Historical Data and Forecast of Japan Resins Market Revenues & Volume By Packaging for the Period 2016 - 2026
- Historical Data and Forecast of Japan Resins Market Revenues & Volume By Others for the Period 2016 - 2026
- Japan Resins Import Export Trade Statistics
- Market Opportunity Assessment By Types
- Market Opportunity Assessment By Application
- Market Opportunity Assessment By End-users
- Japan Resins Top Companies Market Share
- Japan Resins Competitive Benchmarking By Technical and Operational Parameters
- Japan Resins Company Profiles
- Japan Resins Key Strategic Recommendations
