𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐃𝐞𝐦𝐚𝐧𝐝 𝐃𝐫𝐢𝐯𝐞𝐬 𝐉𝐚𝐩𝐚𝐧'𝐬 𝐑𝐞𝐜𝐲𝐜𝐥𝐞𝐝 𝐂𝐨𝐦𝐩𝐨𝐮𝐧𝐝𝐬 𝐆𝐫𝐨𝐰𝐭𝐡 𝐒𝐮𝐫𝐠𝐞
Japan's recycled compounds market is projected to reach 489,000 tonnes by 2030, up from 441,000 tonnes in 2024, according to a new report from market research firm Fuji Keizai. The Tokyo-based market watcher surveyed what it describes as the "noteworthy compound market, including recycled compounds expected to see significant growth due to environmental initiatives and automotive and electrical/electronic applications that will drive future expansion of functional compound use. The findings were compiled in 2026 Compound Market Outlook and Global Manufacturer Strategies, Volume 2, a report published in Japanese. Automotive recycled compounds demand is anticipated to reach 61,000 tonnes in 2030, representing a 2.2-fold increase over 2024 levels. The survey captured the current state of markets for recycled compounds and #biodegradable resin compounds, which are attracting attention from an environmental perspective, as well as markets for automotive and electrical/electronic a...