Eastern Asia - Reaction Initiators, Reaction Accelerators and Catalytic Preparations - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEastern Asia: Market for Reaction Initiators, Reaction Accelerators And Catalytic Preparations 2025
Market Size for Reaction Initiators, Reaction Accelerators And Catalytic Preparations in Eastern Asia
The East Asian reaction initiators and accelerators market totaled $X in 2022, surging by 6.1% against the previous year. In general, consumption enjoyed strong growth. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.
Production of Reaction Initiators, Reaction Accelerators And Catalytic Preparations in Eastern Asia
In value terms, reaction initiators and accelerators production rose markedly to $X in 2022 estimated in export price. Over the period under review, production saw a strong increase. The most prominent rate of growth was recorded in 2016 when the production volume increased by 37%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.
Exports of Reaction Initiators, Reaction Accelerators And Catalytic Preparations
Exports in Eastern Asia
In 2022, the amount of reaction initiators, reaction accelerators and catalytic preparations exported in Eastern Asia reached X tons, stabilizing at the previous year's figure. Total exports indicated a noticeable increase from 2012 to 2022: its volume increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +31.3% against 2014 indices. The pace of growth appeared the most rapid in 2014 with an increase of 21%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, reaction initiators and accelerators exports dropped to $X in 2022. Overall, exports posted pronounced growth. The most prominent rate of growth was recorded in 2021 when exports increased by 32%. As a result, the exports reached the peak of $X, and then shrank in the following year.
Exports by Country
In 2022, China (X tons) represented the main exporter of reaction initiators, reaction accelerators and catalytic preparations, constituting 65% of total exports. Japan (X tons) ranks second in terms of the total exports with a 19% share, followed by South Korea (13%).
From 2012 to 2022, average annual rates of growth with regard to reaction initiators and accelerators exports from China stood at +6.4%. At the same time, South Korea (+8.3%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +8.3% from 2012-2022. By contrast, Japan (-1.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China and South Korea increased by +15 and +4.7 percentage points, respectively.
In value terms, the largest reaction initiators and accelerators supplying countries in Eastern Asia were Japan ($X), China ($X) and South Korea ($X), with a combined 98% share of total exports.
China, with a CAGR of +6.3%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The export price in Eastern Asia stood at $X per ton in 2022, falling by -12.9% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the export price increased by 19% against the previous year. As a result, the export price reached the peak level of $X per ton, and then shrank in the following year.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($X per ton), while South Korea ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+4.8%), while the other leaders experienced a decline in the export price figures.
Imports of Reaction Initiators, Reaction Accelerators And Catalytic Preparations
Imports in Eastern Asia
In 2022, overseas purchases of reaction initiators, reaction accelerators and catalytic preparations increased by 5.3% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +2.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of 25%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.
In value terms, reaction initiators and accelerators imports dropped to $X in 2022. Total imports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +96.3% against 2016 indices. The most prominent rate of growth was recorded in 2018 with an increase of 24%. The level of import peaked at $X in 2021, and then declined in the following year.
Imports by Country
South Korea represented the key importing country with an import of around X tons, which resulted at 45% of total imports. China (X tons) took a 28% share (based on physical terms) of total imports, which put it in second place, followed by Taiwan (Chinese) (15%) and Japan (11%).
From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +6.2%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, China ($X) constitutes the largest market for imported reaction initiators, reaction accelerators and catalytic preparations in Eastern Asia, comprising 50% of total imports. The second position in the ranking was taken by South Korea ($X), with a 22% share of total imports. It was followed by Japan, with a 17% share.
From 2012 to 2022, the average annual growth rate of value in China totaled +5.2%. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (+4.2% per year) and Japan (+6.7% per year).
Import Prices by Country
The import price in Eastern Asia stood at $X per ton in 2022, shrinking by -10.9% against the previous year. Import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, reaction initiators and accelerators import price increased by +60.2% against 2016 indices. The pace of growth was the most pronounced in 2021 an increase of 22% against the previous year. As a result, import price reached the peak level of $X per ton, and then reduced in the following year.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while South Korea ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+5.2%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for reaction initiators and accelerators in Eastern Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20595660 - Reaction initiators, reaction accelerators and catalytic preparations
Country coverage:
- China
- Hong Kong SAR
- Macao SAR
- Japan
- South Korea
- Taiwan (Chinese)
- Democratic People's Republic of Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Eastern Asia, split by region and country
- Trade (exports and imports) in Eastern Asia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- China
- Hong Kong SAR
- Macao SAR
- Japan
- South Korea
- Taiwan (Chinese)
- Democratic People's Republic of Korea
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LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption, By Country, 2018–2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Destination, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Origin, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Consumption, By Country, 2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Production, By Country, 2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, 2012–2024
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