The coke and refined products sector in Japan is projected to display steady growth from 2024 to 2028, with the sector's value increasing from 1.0438 trillion yen in 2024 to 1.0689 trillion yen by 2028. These figures represent a consistent year-on-year growth rate of approximately 0.6% to 0.7%. In 2023, the sector stood below 1.0438 trillion yen, indicating a positive outlook from the base year. The compound annual growth rate (CAGR) from 2024 to 2028 is expected to average around this incremental rise annually.

The following trends should be monitored in this sector:

Technological advancements and innovations in production processes that enhance efficiency and reduce costs.
Shifts in energy policies and regulations impacting the production and consumption of coke and refined products.
Factors influencing the global crude oil market dynamics, as they may significantly affect input costs and sector stability in Japan.