| Product Code: ETC7751409 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Japan's water-based coating import shipments in 2024 saw a steady growth with a CAGR of 5.32% from 2020 to 2024, although there was a slight dip in growth rate from 2023 to 2024 at -2.44%. The top exporting countries to Japan in 2024 were the USA, Canada, Germany, South Korea, and Taiwan, Province of China. Despite the high Herfindahl-Hirschman Index (HHI) indicating market concentration, the market continues to attract imports from diverse sources, showcasing a healthy competition and demand for water-based coatings in Japan.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Japan Water Based Coating Market Overview |
3.1 Japan Country Macro Economic Indicators |
3.2 Japan Water Based Coating Market Revenues & Volume, 2021 & 2031F |
3.3 Japan Water Based Coating Market - Industry Life Cycle |
3.4 Japan Water Based Coating Market - Porter's Five Forces |
3.5 Japan Water Based Coating Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Japan Water Based Coating Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Japan Water Based Coating Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing environmental regulations favoring water-based coatings over solvent-based coatings |
4.2.2 Growing awareness about the harmful effects of VOCs (Volatile Organic Compounds) in traditional coatings |
4.2.3 Rising demand for eco-friendly and sustainable products in the Japanese market |
4.3 Market Restraints |
4.3.1 Higher initial costs associated with water-based coatings compared to solvent-based coatings |
4.3.2 Limited availability of technologically advanced water-based coating products in the market |
4.3.3 Resistance to change from traditional solvent-based coatings among some industries |
5 Japan Water Based Coating Market Trends |
6 Japan Water Based Coating Market, By Types |
6.1 Japan Water Based Coating Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Japan Water Based Coating Market Revenues & Volume, By Resin Type, 2021- 2031F |
6.1.3 Japan Water Based Coating Market Revenues & Volume, By Acrylic, 2021- 2031F |
6.1.4 Japan Water Based Coating Market Revenues & Volume, By Epoxy, 2021- 2031F |
6.1.5 Japan Water Based Coating Market Revenues & Volume, By Polyurethane, 2021- 2031F |
6.1.6 Japan Water Based Coating Market Revenues & Volume, By Polyester, 2021- 2031F |
6.1.7 Japan Water Based Coating Market Revenues & Volume, By Alkyd, 2021- 2031F |
6.1.8 Japan Water Based Coating Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Japan Water Based Coating Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Japan Water Based Coating Market Revenues & Volume, By Building and Construction, 2021- 2031F |
6.2.3 Japan Water Based Coating Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.4 Japan Water Based Coating Market Revenues & Volume, By Industrial, 2021- 2031F |
6.2.5 Japan Water Based Coating Market Revenues & Volume, By Wood, 2021- 2031F |
6.2.6 Japan Water Based Coating Market Revenues & Volume, By Others, 2021- 2031F |
7 Japan Water Based Coating Market Import-Export Trade Statistics |
7.1 Japan Water Based Coating Market Export to Major Countries |
7.2 Japan Water Based Coating Market Imports from Major Countries |
8 Japan Water Based Coating Market Key Performance Indicators |
8.1 Adoption rate of water-based coatings by key industries in Japan |
8.2 Investment in research and development for innovative water-based coating technologies |
8.3 Number of new product launches in the water-based coating segment |
9 Japan Water Based Coating Market - Opportunity Assessment |
9.1 Japan Water Based Coating Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Japan Water Based Coating Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Japan Water Based Coating Market - Competitive Landscape |
10.1 Japan Water Based Coating Market Revenue Share, By Companies, 2024 |
10.2 Japan Water Based Coating Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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