In 2023, Japan's import of isocyanates stood at 21.371 million kilograms. Forecasts indicate a steady rise from 2024 to 2028, starting at 21.471 million kilograms in 2024 and reaching 21.863 million kilograms by 2028. The year-on-year growth is marginal, averaging around 0.46% annually over this period, highlighting stability and gradual demand escalation.
Future trends to watch for include:
- Technological advancements in polyurethane production, which might affect the demand for isocyanates.
- Environmental regulations that could impact import policies and volumes.
- Global economic conditions influencing Japan's manufacturing sector needs.