Market Forecast By Product Type (Construction aggregates, Concrete bricks, Cement, Construction metals), By Application (Residential, Commercial, Industrial) And Competitive Landscape
Product Code: ETC016722 | Publication Date: Oct 2020 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Japan Construction Materials market currently, in 2023, has witnessed an HHI of 1958, Which has increased slightly as compared to the HHI of 1644 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Japan Construction Materials Market report thoroughly covers the market by application and by product type. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Japan Construction Materials Market is witnessing an unprecedented level of growth. Japan has one of the most influential construction materials markets globally, primarily due to the country's innovation in the manufacturing of building materials. In recent years, the Japanese construction materials market has seen impressive growth due to various factors, including government initiatives, trends, and key players. Despite several challenges, the future looks bright for the Japanese construction materials market. The government's drive towards eco-friendliness and energy efficiency, coupled with technological advancements, is likely to drive continuous growth in the market. Additionally, urbanization is likely to lead to an increase in demand for building pipelines and transportation facilities.
According to 6Wresearch, the Japan Construction Materials Market size is estimated to register a CAGR of 3.8% during the forecast period 2024-2030. One of the significant drivers in the construction materials market in Japan is urbanization, which has led to an increase in residential and commercial construction projects. Another driver is the growing demand for sustainable buildings, given Japan's vulnerability to natural disasters. As a result, there is a high demand for advanced insulation materials and earthquake-resistant products.
The government's tax incentives and subsidies to promote energy-saving products and energy-efficient buildings are also driving growth in the Japan Construction Materials industry. Eco-friendliness is one of the most significant trends in the Japanese construction materials market. There is a growing focus on developing more environmentally friendly building materials, such as eco-concrete, insulation materials, and energy-efficient products. Another trend in the market is the use of smart technology solutions in building systems that reduce energy consumption and, at the same time, improve the overall performance and longevity of buildings.
The Japanese government has established several initiatives and policies to promote sustainable growth in the country's construction materials market. In 2016, the government established the "Cool Earth 50" initiative, which aims to reduce greenhouse gas emissions significantly. The government is also promoting eco-friendly materials and techniques through tax incentives and subsidies. Additionally, the government is investing heavily in infrastructure development, especially in the run-up to the 2020 Summer Olympics. These favourable government policies are bolstering the Japan Construction Materials Market growth.ย
The Japan Construction Materials Market has numerous players mentioned below:
The Japanese construction materials market is home to several key players such as Asahi Kasei Corporation, Daiwa House Industry Co. Ltd., Sekisui Chemical Co., Ltd., and Sumitomo Forestry Co., Ltd. These companies have established a significant presence in the market across several product lines, such as cement, steel, and wood. Many of these companies have also made a significant push towards developing more sustainable materials.
According to Dhaval, Research Manager, 6Wresearch, the residential sector is securing promising growth underpinned by various factors such as population growth, government policies, natural disasters, DIY renovations, and sustainability.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Japan Construction Materials Market Overview |
3.1 Japan Country Macro Economic Indicators |
3.2 Japan Construction Materials Market Revenues & Volume, 2020 & 2030F |
3.3 Japan Construction Materials Market - Industry Life Cycle |
3.4 Japan Construction Materials Market - Porter's Five Forces |
3.5 Japan Construction Materials Market Revenues & Volume Share, By Product type 2023 & 2030F |
3.6 Japan Construction Materials Market Revenues & Volume Share, By Application, 2023 & 2030F |
4 Japan Construction Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Japan Construction Materials Market Trends |
6 Japan Construction Materials Market, By Types |
6.1 Japan Construction Materials Market, By Product typeย |
6.1.1 Overview and Analysis |
6.1.2 Japan Construction Materials Market Revenues & Volume, By Product type 2020 - 2030F |
6.1.3 Japan Construction Materials Market Revenues & Volume, By Construction aggregates, 2020 - 2030F |
6.1.4 Japan Construction Materials Market Revenues & Volume, By Concrete bricks, 2020 - 2030F |
6.1.5 Japan Construction Materials Market Revenues & Volume, By Cement, 2020 - 2030F |
6.1.6 Japan Construction Materials Market Revenues & Volume, By Construction metals, 2020 - 2030F |
6.2 Japan Construction Materials Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Japan Construction Materials Market Revenues & Volume, By Residential, 2020 - 2030F |
6.2.3 Japan Construction Materials Market Revenues & Volume, By Commercial, 2020 - 2030F |
6.2.4 Japan Construction Materials Market Revenues & Volume, By Industrial, 2020 - 2030F |
7 Japan Construction Materials Market Import-Export Trade Statistics |
7.1 Japan Construction Materials Market Export to Major Countries |
7.2 Japan Construction Materials Market Imports from Major Countries |
8 Japan Construction Materials Market Key Performance Indicators |
9 Japan Construction Materials Market - Opportunity Assessment |
9.1 Japan Construction Materials Market Opportunity Assessment, By Product type 2023 & 2030F |
9.2 Japan Construction Materials Market Opportunity Assessment, By Application, 2023 & 2030F |
10 Japan Construction Materials Market - Competitive Landscape |
10.1 Japan Construction Materials Market Revenue Share, By Companies, 2023 |
10.2 Japan Construction Materials Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |