Japan Epoxy Resins Market Set to Reach Valuation of US$ 257.5 Million by 2032 | Astute Analytica [Yahoo! Finance]
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Source: Yahoo! Finance
With innovations in bio-based resins and renewable energy applications, it is poised for growth, supported by extensive R&D and infrastructure investments. New Delhi, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Japan epoxy resins market was valued at 209.9 million in 2023 and is projected to reach US$ 257.5 million by 2032 at a CAGR of 2.3% during the forecast period 2024–2032. The Japanese epoxy resins market is poised for significant growth, driven by robust demand across various industrial sectors such as electronics, automotive, and construction. This production is supported by over 1,200 manufacturing facilities dedicated to epoxy resin synthesis and processing. The electronics industry remains a primary consumer, requiring high-performance resins for applications such as semiconductor encapsulation and printed circuit boards, thereby consuming over 600,000 tons of epoxy resins each year. This demand is further bolstered by Japan's position as one of the leading producers of semiconduc
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- 11/4/24 - Beat
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- 11/6/24 - Form 144
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