The production of chemical, rubber, plastics, fuel products, and other non-metallic mineral products in Japan is set to increase modestly from 72.33 trillion yen in 2024 to 73.207 trillion yen by 2028. This indicates a compound annual growth rate (CAGR) reflecting consistent yet slow growth. In 2023, the production value was approximately 72 trillion yen, suggesting stable market conditions heading into the forecast period. Year-on-year growth is steady, showing incremental increases that imply a stable and mature industry environment.
Future trends to monitor include potential impacts of global supply chain adjustments, technological advances in materials science, and environmental policy changes driving innovation in sustainable production processes. These factors could further shape production dynamics beyond 2028, possibly accelerating the current growth trajectory.
