Japan Calcium Carbonate Market to Signify Strong Growth by 2023-2029
Japan calcium carbonate market is estimated to grow at a CAGR of 3.2% during the forecast period. Some pivotal factors leveraging the market growth include the rising paints and coatings and plastics industry and significant production of calcium carbonate in the country. Japan is one of the key plastics manufacturers across the globe. As per the Japan Plastics Industry Federation (JPIF), in June 2020, the production of plastics products was 204,297 tons, which reached 205,540 tons in July 2020. As a mineral filler, calcium carbonate is extensively utilized in the plastics industry. As a plastics additive, calcium carbonate is 100% FDA approved, which supports versatility among applications in critical areas such as medical packaging, food packaging, and foodservice packaging markets. Therefore, the emerging plastics industry is in turn, accelerating the market growth.
The market is segmented based on the
type and end-user industry. Based on type, the market is segmented into ground
calcium carbonate (GCC) and precipitated calcium carbonate (PCC). Ground
calcium carbonates (GCC) are extensively used as fillers in adhesives and
sealants, paper, paints and coatings, plastics, and in the production of
rubber. GCC is usually the prime ingredient of ceramic tile adhesives (CTA's),
sealants, and fillers, often up to 80% of the formulation. It has long been
utilized as a filler in materials such as roofing felt, asphalt, and plasters.
Based on the end-user industry, the market is classified into paper, adhesives
and sealants, plastics, paints and coatings, construction, and others.
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Japan Calcium Carbonate Market Segmentation
By Type
·
Ground Calcium Carbonate
·
Precipitated Calcium Carbonate
By End-User Industry
·
Paper
·
Adhesives and Sealants
·
Plastics
·
Paints and Coatings
·
Construction
·
Others
A full Report of Japan
Calcium Carbonate Market is Available @ https://www.omrglobal.com/industry-reports/japan-calcium-carbonate-market
Company Profiles
·
Asahi Kohmatsu Co., Ltd.
·
Overview
·
Product Portfolio
·
Recent Activities
·
Bihoku Funka Kogyo Co., Ltd.
·
Hayashi Kasei Co., Ltd.
·
Imerys S.A.
·
J.M. Huber Corp.
·
Katosansho Co., Ltd.
·
Maruo Calcium Co. Ltd.
·
Minerals Technologies Inc.
·
Nitto Funka Kogyo K.K
·
Okutama Kogyo Co., Ltd.
·
Shiraishi Kogyo Kaisha Ltd.
·
Yoshizawa Lime Industry Co., Ltd.
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