Japan Isophthalic Acid Market was valued at USD 0.25 Billion in 2022 and is projected to reach USD 0.35 Billion by 2030, growing at a CAGR of 4.0% from 2024 to 2030.
The Japan isophthalic acid market is segmented based on various applications, each playing a crucial role in the country's industrial landscape. One of the primary applications of isophthalic acid is in the production of polyester resins. These resins are utilized in manufacturing fiberglass-reinforced plastics (FRP), which are extensively used in the automotive, aerospace, and construction industries. The high demand for lightweight and durable materials in these sectors drives the growth of isophthalic acid in polyester resins. The ability of these resins to offer high strength and resistance to chemicals and moisture makes them ideal for various applications, further expanding the market potential.
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Eastman
HELM
BASF-YPC
Formosa Petrochemical Corporation
Lotte Chemical
Veritas
SRL Chemical
Hebei Shuner Chemical
Yangzhou Yangtai Chemical
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Japan Isophthalic Acid Market
Chemical Raw Materials
Plasticizer
Coating
Other
Based on Types the Market is categorized into Below types that held the largest Isophthalic Acid market share In 2023.
Reagent Grade
Industrial Grade
Japan (United States, Japan and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Japan Isophthalic Acid Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Japan Isophthalic Acid Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Japan Isophthalic Acid Market, By Type
6. Japan Isophthalic Acid Market, By Application
7. Japan Isophthalic Acid Market, By Geography
Japan
Europe
Asia Pacific
Rest of the World
8. Japan Isophthalic Acid Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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