• Future Growth of Japan Engineering Plastics Industry is expected to be led by PET engineering plastics resin as well as PBT and Polyamide.
• The global players operating under the industry are expected to maintain focus on enhancing production capacity to compete with other players in the industry

Ken Research announced its latest publication on “Japan Engineering Plastics Market Outlook to 2018 - Led by buoyant demand from Automotive and Electronics sector” which provides a comprehensive analysis of the various aspects such as market size, segmentation and future projections of the PET resin, Polyamide resin, ABS resin, Polyacetal resin, Polycarbonate, SAN, PBT and others that has been taken as key segments of the market. This report also offers prevalent trends and developments in Japan Engineering Plastics Industry, Government regulations, SWOT analysis of the Industry. The report also covers the competitive landscape of the Industry in which the information related to the major players operating in this industry has been comprehensively presented. It also includes information on the major macroeconomic indicators affecting the market and future outlook of the engineering plastics industry of Japan including analyst’s take on the industry.
The future prospects of Japan engineering plastics industry are impressive on the groundwork of the consistent increase in disposable incomes, fueled by growth in youth population that marked an increase in the demand for automotives and electrical and electronic goods which has been considered as the primary end user industries of engineering plastic product in Japan. The sales revenues of engineering plastic market in Japan are expected to notice a swift expansion especially during 2014 for majority of the products. Japan engineering plastic market in the outlook period, is likely to augment at a positive yet slow CAGR of 1.7% during 2013-2018, supported by surging growth of end user industries majorly automotive and electrical and electronics equipment industries. This trend is projected to escort the market revenues to USD 5,192 million by 2018. The growth in the engineering plastic market in the near term is expected to revive, since the business confidence and demand has been improving, after the Great East Japan earthquake which has severely influenced the growth frontiers of the Japanese economy.
PET engineering plastic resin has been anticipated to record the highest growth rate in the coming years, owing to its primary applications in the packaging industry. The segment is expected to enhance at a CAGR of ~% during 2013-2018, with revenues expected to be mounted to USD ~ million by 2018 from USD ~ million in 2013. On the other side, Polycarbonate and ABS engineering plastic resin products are estimated to showcase a subdued growth, due to the fact of witnessing a lower economic growth in the coming years.
According to the research report “Japan Engineering Plastics Industry Outlook to 2018” by Ken Research, the Japan engineering plastics industry is envisaged to grow at a CAGR of 1.7% and will reach USD ~ million by 2018 due to the significant surge in production capacity by major players supplemented with enhancement in the capacity utilisation rate. This growth is estimated to be fueled with substantial surge in demand from end user industries primarily from automotives and consumer appliances sectors.
“Engineering plastic market of Japan has already reached at its matured stage of development and thus the continued growth in industry revenues is envisaged to be guided by segment specific demand, especially for ABS, Polyamide, PET and other special engineering plastic products. Furthermore, engineering plastic market players in Japan have started to seek overseas opportunities in order to enhance their sales. A long term scenario of the industry foretells an impending market contraction, with the leading categories to be the major revenue earners‘’ according to the Research Analyst, Ken Research.

Key Topics Covered in the Report:
Japan Engineering Plastics Market
- Market Size by Value, Volume
- Market Segmentation by
o Types of Products
o By End User Industries
- Trends and Development
- SWOT Analysis
- Government Regulations
- Competitive Landscape
- Future Outlook and Analyst’s Take on the Future Recommendations
- Macro Economic Parameters

Key Products Mentioned in the Report
- Polyethylene Terephthalate (PET)
- Polyamide (Nylon 6 and Nylon 66)
- ABS
- Polyacetal
- Polybutylene Terephthalate (PBT)
- Polycarbonate
- SAN
Companies Covered in the Report
- Toray Industries
- Mitsubishi Engineering Plastics Corporation
- Daicel Limited
- Asahi Kasei Chemicals
- BASF Japan
- Teijin Chemicals
- DSM Engineering Plastics Limited, Japan

Related Reports:
India PET Preform Market Outlook to 2018 - Rising Demand for PET Packaging to Provide Growth Impetus.
India Recycling PET Market Outlook to 2019 - Growth Led by Inclining PET Bottle Availability and Production Capacity
India PVC Pipes and Fittings Industry Outlook to 2019 - Expanding Irrigated Area and Housing Sector to Stimulate Growth

Source:https://www.kenresearch.com/chemicals-materials/polymers/japan-engineering-plastic-market-research-report/600-101.html
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
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