The export volume of adhesives based on rubber or plastic from Japan was recorded at 36.8 million kilograms in 2023. Forecasted data shows a steady increase with 37.389 million kilograms projected for 2024, 37.662 million kilograms for 2025, 37.93 million kilograms for 2026, 38.193 million kilograms for 2027, and 38.45 million kilograms for 2028. Year-on-year variations indicate modest growth percentages with 1.6% from 2024 to 2025, 0.7% from 2025 to 2026, 0.7% from 2026 to 2027, and 0.7% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the five-year period is expected to be around 0.7%.
Future trends to watch for include potential advancements in adhesive technologies which could drive demand further. Additionally, fluctuations in global economic conditions and raw material prices could impact export volumes. Environmental regulations might also influence production methods and product formulations, potentially altering market dynamics.
