Japan Pyrophyllite Market Size & Outlook, 2022-2030
Japan pyrophyllite market, 2018-2030 (US$M)
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Japan pyrophyllite market highlights
- The Japan pyrophyllite market generated a revenue of USD 31.3 million in 2022 and is expected to reach USD 40.4 million by 2030.
- The Japan market is expected to grow at a CAGR of 3.2% from 2023 to 2030.
- In terms of segment, refractories & foundries was the largest revenue generating application in 2022.
- Ceramics is the most lucrative application segment registering the fastest growth during the forecast period.
Pyrophyllite market data book summary
| Market revenue in 2022 | USD 31.3 million |
| Market revenue in 2030 | USD 40.4 million |
| Growth rate | 3.2% (CAGR from 2022 to 2030) |
| Largest segment | Refractories & foundries |
| Fastest growing segment | Ceramics |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ceramics, Refractories & Foundries, Fillers |
| Key market players worldwide | R.T. Vanderbilt Holding Company |
Other key industry trends
- In terms of revenue, Japan accounted for 3.4% of the global pyrophyllite market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China pyrophyllite market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 170.6 million by 2030.
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Pyrophyllite Market Scope
Pyrophyllite Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Japan pyrophyllite 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 pyrophyllite market will help companies and investors design strategic landscapes.
Refractories & foundries was the largest segment with a revenue share of 45.37% in 2022. Horizon Databook has segmented the Japan pyrophyllite market based on ceramics, refractories & foundries, fillers covering the revenue growth of each sub-segment from 2018 to 2030.
This decline in crude steel production impacted the consumption of pyrophyllite. In addition, the recovery of the automotive sector was slow in 2022. The demand for pyrophyllite is expected to be slow from the construction industry due to a lack of domestic demand.
However, the Japanese government is increasing investments in developing infrastructure to boost tourism. The flourishing tourism industry is also anticipated to enhance commercial construction activities in the country. This is expected to fuel the demand for pyrophyllite, leading to market growth.
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Target buyers of Japan pyrophyllite market databook
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Our clientele includes a mix of pyrophyllite market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan pyrophyllite market, including forecasts for subscribers. This country databook contains high-level insights into Japan pyrophyllite market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan pyrophyllite market size, by application, 2018-2030 (US$M)
Japan Pyrophyllite Market Share, 2022 & 2030 (US$M)
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