Market Forecast By Product Form (Metal, Carbide, Powder, Alloys, Other Product Forms), By Application (Capacitors, Semiconductors, Engine Turbine Blades, Chemical processing equipment, Medical Equipment, Other Applications), And Competitive Landscape
Product Code: ETC083021 | Publication Date: Mar 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Japan Tantalum Market is projected to rise effortlessly and significantly during the forecast period on the back of the growing demand for tantalum from electronics industry, and rising interest in responsible sourcing. Technological advancement is also driving the market growth in the country.
According to 6Wresearch, the Japan Tantalum Market size is anticipated to grow at a higher growth rate during 2023-2029. Tantalum is the rare, dense, blue-grey metal which is resistant to corrosion as well as it has a high melting point. This metal is primarily used in electronic components like capacitors, and in alloys for turbine blades as well as other high-stress applications in the country. Japan is a key player in the tantalum market, both as producer and consumer. This sector is the major part of the Asia Pacific Tantalum Market, which helps it to grow more effectively in the country.
The country produces small amount of tantalum, commonly from Greenbushes which mine in Western Australia. Japan is also a key consumer of tantalum as the demand for it is majorly driven from the electronics sector. Tantalum capacitors are used in tablets, smartphones, laptops, and other electronic devices. The country is the key producer of these devices which is stimulating the Japan Tantalum Market Growth.
Japan is also a net importer of tantalum as imports coming primarily from nations like Brazil, Rwanda, and Democratic Republic of Congo. There is a rising concern for the use of conflict minerals in tantalum supply chain. Japan along with other nations has taken many steps to address this challenge.
The pandemic had a mixed impact on the Tantalum Market in Japan and this mixed impact affected the Japan Tantalum market Share in many ways. While the pandemic caused disruptions to supply chains as well as manufacturing operations, it also created many opportunities for growth in some industries.
Disruptions in supply chains: The pandemic caused disruptions in supply chains, which also include those related to tantalum. As a result, many manufacturers experienced delays in attaining raw materials or finished products, which impacted their potential to align with the demand of their customers.
Decreased demand from many industries: The pandemic caused a decrease in demand many industries like the automotive, which negatively impacted by reduced consumer spending as well as supply chain disruptions.
Rise in demand from the electronics industry: While the pandemic negatively impacted many sectors, it also created opportunities for growth in some others. The electronics industry for instance, experienced increased demand for products like smartphones, tablets, and laptops and other devices since more people were working and studying from home.
Shift to remote work: The coronavirus pandemic led to a shift in the manner that a number of businesses operate, with more and more people working from home. This created increased demand for electronic devices.
In terms of product form, the Japan Tantalum Industry is categorised into Metal, Carbide, Powder, Alloys, and Other Product Forms. The metal segment is estimated to register fast growth in the future owing to high strength and highly ductile, makes it the best for processes like stamping, pressing, and bending.
In terms of application, the Tantalum Market in Japan is categorised into Capacitors, Semiconductors, Engine Turbine Blades, Chemical Processing Equipment, Medical Equipment, and Other Applications. The capacitors segment is likely to witness fastest growth over the forecast period.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Japan Tantalum Market Overview |
3.1 Japan Country Macro Economic Indicators |
3.2 Japan Tantalum Market Revenues & Volume, 2022 & 2029F |
3.3 Japan Tantalum Market - Industry Life Cycle |
3.4 Japan Tantalum Market - Porter's Five Forces |
3.5 Japan Tantalum Market Revenues & Volume Share, By Product Form, 2022 & 2029F |
3.6 Japan Tantalum Market Revenues & Volume Share, By Application, 2022 & 2029F |
4 Japan Tantalum Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Japan Tantalum Market Trends |
6 Japan Tantalum Market, By Types |
6.1 Japan Tantalum Market, By Product Form |
6.1.1 Overview and Analysis |
6.1.2 Japan Tantalum Market Revenues & Volume, By Product Form, 2019 - 2029F |
6.1.3 Japan Tantalum Market Revenues & Volume, By Metal, 2019 - 2029F |
6.1.4 Japan Tantalum Market Revenues & Volume, By Carbide, 2019 - 2029F |
6.1.5 Japan Tantalum Market Revenues & Volume, By Powder, 2019 - 2029F |
6.1.6 Japan Tantalum Market Revenues & Volume, By Alloys, 2019 - 2029F |
6.1.7 Japan Tantalum Market Revenues & Volume, By Other Product Forms, 2019 - 2029F |
6.2 Japan Tantalum Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Japan Tantalum Market Revenues & Volume, By Capacitors, 2019 - 2029F |
6.2.3 Japan Tantalum Market Revenues & Volume, By Semiconductors, 2019 - 2029F |
6.2.4 Japan Tantalum Market Revenues & Volume, By Engine Turbine Blades, 2019 - 2029F |
6.2.5 Japan Tantalum Market Revenues & Volume, By Chemical processing equipment, 2019 - 2029F |
6.2.6 Japan Tantalum Market Revenues & Volume, By Medical Equipment, 2019 - 2029F |
6.2.7 Japan Tantalum Market Revenues & Volume, By Other Applications, 2019 - 2029F |
7 Japan Tantalum Market Import-Export Trade Statistics |
7.1 Japan Tantalum Market Export to Major Countries |
7.2 Japan Tantalum Market Imports from Major Countries |
8 Japan Tantalum Market Key Performance Indicators |
9 Japan Tantalum Market - Opportunity Assessment |
9.1 Japan Tantalum Market Opportunity Assessment, By Product Form, 2022 & 2029F |
9.2 Japan Tantalum Market Opportunity Assessment, By Application, 2022 & 2029F |
10 Japan Tantalum Market - Competitive Landscape |
10.1 Japan Tantalum Market Revenue Share, By Companies, 2022 |
10.2 Japan Tantalum Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |