Key Findings
The Japan tackifier market is anticipated to record a CAGR of 5.05%, during the forecast period. The increasing demand for electric vehicles, the augmenting packaging sector, and the growing construction industry, are among the key factors projected to drive the country’s market growth. The base year considered for the studied market is 2020, while the forecast years are from 2021 to 2026.

Market Insights
Japan’s packaging industry is anticipated to observe significant growth over the upcoming years, due to the rising popularity of flexible packaging. In terms of the current market scenario, the country possesses the highest per capita consumption of packaging materials, worldwide. Also, Japan has observed an increase in the sales and use of motor vehicles, in recent years. For instance, in 2018, the country’s new-vehicle market surpassed 5 million vehicles for the second consequent year, with a 0.7% growth, in 2017.
Conversely, Japan’s construction industry is projected to witness substantial growth opportunities, during the forecast period. Moreover, the plans to replace old oil and gas plants in Yokosuka by 2023, are expected to result in a major construction project. The country’s government is also investing in the reconstruction of properties damaged by natural disasters, like tsunamis, earthquakes, in addition to the country’s nuclear waste issue. Japan also holds one of the leading electronic and electric sectors, across the world, and is the United States’ primary competitor, in terms of semiconductor production. Hence, these factors are set to fuel the country’s market growth over the forecast years.

Competitive Insights
Leading companies operating in the market include, Mitsui Chemicals Inc, Yasuhara Chemical Co Ltd, Asahi Chemical Synthetic Co Ltd, Nippon Chemicals Sales Co Ltd, etc.
Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation cater to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments