Japan Kaolin Market Size & Outlook, 2023-2030
Japan kaolin market, 2018-2030 (US$M)
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Japan kaolin market highlights
- The Japan kaolin market generated a revenue of USD 56.4 million in 2023 and is expected to reach USD 89.2 million by 2030.
- The Japan market is expected to grow at a CAGR of 6.8% from 2024 to 2030.
- In terms of segment, paper was the largest revenue generating application in 2023.
- Ceramics is the most lucrative application segment registering the fastest growth during the forecast period.
Kaolin market data book summary
| Market revenue in 2023 | USD 56.4 million |
| Market revenue in 2030 | USD 89.2 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | Paper |
| Fastest growing segment | Ceramics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Paper, Ceramics, Paint & Coatings, Fiber glass, Plastic, Rubber, Pharmaceuticals & medical, Cosmetics |
| Key market players worldwide | Basf SE, Minerals Technologies Inc, GL Sciences Inc, Imerys, EICL, KaMin Solutions, Sibelco, Thiele Kaolin Company |
Other key industry trends
- In terms of revenue, Japan accounted for 1.4% of the global kaolin market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China kaolin market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 89.2 million by 2030.
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Kaolin Market Scope
Kaolin Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan kaolin market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to kaolin market will help companies and investors design strategic landscapes.
Paper was the largest segment with a revenue share of 37.23% in 2023. Horizon Databook has segmented the Japan kaolin market based on paper, ceramics, paint & coatings, fiber glass, plastic, rubber, pharmaceuticals & medical, cosmetics covering the revenue growth of each sub-segment from 2018 to 2030.
The investments in the construction industry and increased automotive production are the key driver for the kaolin demand in Japan especially in paints & coatings, and rubber applications. Ceramics is the fastest growing application segment for Japan kaolin market The construction industry in the country has witnessed significant growth in the past few years owing to extensive industrial development taking place in Japan.
The construction of high-rise towers by private players in the country is expected to augment the demand for ceramic tiles, and paints & coatings, which is expected to positively influence the kaolin market over the forecast period. For instance, in January 2022, Mitsubishi Estate started the construction of the tallest building in the country that is expected to include 50 luxury apartments. The construction of this building is anticipated to be completed by 2027.
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Our clientele includes a mix of kaolin market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan kaolin market , including forecasts for subscribers. This country databook contains high-level insights into Japan kaolin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan kaolin market size, by application, 2018-2030 (US$M)
Japan Kaolin Market Outlook Share, 2023 & 2030 (US$M)
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