The market is dominated by domestic suppliers, as imports account for 37.4% of total market size in 2022. B2B drives market demand, with B2B spending representing 97.5% of total demand in 2022. Japan has the second largest market size for plastic in primary forms and synthetic rubber regionally, with demand reaching USD26.1 billion in 2022. Asahi Kasei Corp is the largest company in Japan, generating 10.9% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 45.2% of total production value in 2022. The total number of companies decreases in 2022, to 265 units. The costs of the industry decrease by 21.5% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 12.8% of production value in 2022, the 13th highest regionally. The industry’s exports share increases in 2022 to 48.2% of total production output. With production value of USD28.2 billion, Japan accounts for 4.8% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Plastic in Primary Forms and Synthetic Rubber in Japan: ISIC 2413. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Plastic in Primary Forms and Synthetic Rubber in Japan: ISIC 2413 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of basic chemicals, fertilisers and nitrogen compounds, man-made fibers, paints and varnishes, pesticides and other agro-chemical products, photochemicals, explosives and other chemicals, plastic in primary forms and synthetic rubber.
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