Japan Composites Market Size
According to Straits Research analysis, The Japan Composites Market was valued at USD 4683 Million in 2024 and is projected to reach USD 7826 Million by 2033, expanding at a CAGR of 5.9% during the forecast period. The market growth is driven by demand in industries like agriculture, chemicals, and energy. Enhanced capabilities of composites in these sectors and robust industrial development are chiefly accelerating market expansion. Technological advancements and the push for sustainable, low-carbon production are emerging trends reinforcing the market. Japan's strong focus on green production techniques also holds a promising export potential. As Japan continues its trajectory towards innovative, eco-friendly solutions, it's positioning itself as a key player in the global composites market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Japan Composites Market Highlights
- In 2024, Layup accounted for the highest share of the Manufacturing Process market size.
- During the forecast period, Filament is set to register the highest growth, making it the most lucrative Manufacturing Process segment.
- As of 2024, Japan held 4.49% of the global composites market size.
- By 2033, China is anticipated to capture the largest share of the global composites market.
- In Asia Pacific, China is expected to lead the regional composites market size by 2033.
- India will remain the fastest-growing market in Asia Pacific, reaching USD 58503 Million by 2033.
Japan Composites Market Revenue Share 2024
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Report Summary
| Report Scope |
Details |
| Base Year for Study |
2024 |
| Study Period |
2020-2033 |
| Historical Period |
2020-2023 |
| Forecast Period |
2025-2033 |
| Market Size In 2024 |
USD 4683 Million |
| Market Size In 2033 |
USD 7826 Million |
| Largest segment |
Layup |
| Fastest segment |
Filament |
| Units |
Revenue in USD Million |
| CAGR |
5.9% (2025-2033) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Segmentation Covered
| Segments |
Sub Segments |
| Manufacturing Process |
- Layup
- Filament
- Injection Molding
- Pultrusion
- Compression molding
- RTM
- Others
|
| Product |
- Carbon fiber
- Glass Fiber
|
| End-User |
- Automotive and transportation
- Electrical and Electronics
- Wind Energy
- Construction and Infrastructure
- Pipes and Tanks
- Marine
- Others
|
Japan Composites Market By Manufacturing Process 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Japan Composites Market By Product 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Japan Composites Market By End-User 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.