The import of non-reinforced, non-cellular phenolic resin sheets or films to Japan is projected to decrease from 105.82 thousand kilograms in 2024 to 95.64 thousand kilograms in 2028. This trend represents a decrease in import volumes over the next five years. Year-on-year, the volume is expected to decline moderately with a steady downtrend, indicating a shrinking demand or increasing self-sufficiency. Assuming this trend continued, CAGR would be negative over this period. Data from 2023 would enhance this analysis for more precise trend interpretation.
Future trends to watch for include:
- Influence of global supply chain changes and trade policies on import levels.
- Advancements in local production capabilities for phenolic resins.
- Changes in industry applications and technological innovations.
