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Last Updated: Apr 25, 2025 | Study Period: 2022-2027
Japan is one of the world's major manufacturers of plastics. The plastics sector accounts for a considerable portion of Japan's industrial landscape in terms of both output and total shipments.
Plastic films and sheets were the most often manufactured commodities, followed by containers and machine tool components. Japan also contributes significantly to global plastic trash.
Plastics are becoming more prevalent in automobile components. They function admirably in this application due to their lightweight and durability. Plastics in medical devices have improved to the point where they are now required in the great majority of treatments.
The limits on plastic trash imports imposed by China and Southeast Asia have moved Japan's approach toward the development of ecologically viable alternatives to generic plastics, as well as a renewed emphasis on creating high-grade materials for industrial applications.
The JAPAN PLASTICS MARKET accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
Japan has implemented a rule forcing companies that use a lot of disposable plastic to cut back on their usage. The regulation is probably going to encourage restaurants, lodging facilities, and other companies to cut less on plastic waste.
Businesses who provide five metric tonnes or more of plastic products annually are required to reduce usage under the plastic resource recycling promotion regulation. The following products are covered by the law: toothbrushes provided by hotels, hangers at dry cleaners, and spoons and forks sold at supermarkets and convenience stores.
The choice of reduction strategies is up to the company; possibilities include lighterening the products' weight, adding a cost to purchase them, using different materials, or rewarding customers who decline the items with points.
To spread awareness about environmental issues, notably plastic waste, a plastics manufacturer in Fukui has created a 100% biodegradable guitar pick.
Despite not being constructed of the conventional plastics, which do not naturally decompose after disposal, the "Zero" pick developed by Nishibata Blow Industry Co. in the city of Fukui is also incredibly robust. The company's rock band members who were on the development team made sure the green picks also had a pleasant sound.
On the project, Nishibata collaborated with the biodegradable resin business Neqas Co. in Awara, Fukui Prefecture. As a result, a guitar pick made completely of resin derived from plants was created. The world's first guitar pick produced from this resin, according to a Nishibata, is called Zero.
MeguriTM, a new brand for plastic items derived from recycling technologies The Company will seek to disseminate goods to help reduce greenhouse gas (GHG) emissions and other environmental consequences.
MeguriTM, which means "circularity" in Japanese, was formed by young workers who will lead Sumitomo Chemical's next generation to demonstrate their dedication to linking three "circularities" to the future.
Meguri TM refers to Sumitomo Chemical's founding spirit of addressing social challenges via its economic operations as "a circular economy for resources," "a circle of people," and "circling back to the origin."
This mentality has been maintained in the Sumitomo Chemical Group for nearly a century, when the company began producing fertiliser from toxic sulphur dioxide to combat smoke.
MeguriTM encompasses a wide range of recycled plastic goods, including acrylic resin (PMMA, poly-methyl-methacrylate), polyethylene, and polypropylene generated using chemical or material recycling procedures.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2022-2027 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2022-2027 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2022-2027 |
| 21 | Product installation rate by OEM, 2022 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2022 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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