JAPAN CEMENT MARKET

INTRODUCTION

Cement plants are found all across Japan. The cement industry in Japan is predicted to have made modest progress, and while severe decreases are unlikely in the future, development potential is limited.

As a result, the industry is aiming to ensure its long-term viability by raising prices, expanding companies outside of key cement segments, and speeding up its decarbonization efforts.

JAPAN CEMENT MARKET SIZE AND FORECAST

The Japan Cement Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.

MARKET DYNAMICS

Taiheiyo Cement Corporation is working on a project to Design and Demonstrate Technology for CO2 Capture During the Cement Manufacturing Process, which has been approved as a Green Innovation Funding Project by Japan's New Energy and Industrial Technology Development Organization (NEDO).

The Minister's Award, given by the Ministry of Economy, Trade and Industry for contributions to industrial decarbonization, was given to Mitsubishi Heavy Industries Engineering for the development and commercialization of its CO2 capture system. Customers in the cement sector have benefited from Mitsubishi Heavy Industries Engineering's assistance in deploying the system.

The Green Innovation Funding Programme of the New Energy and Industrial Technology Development Organization (NEDO) has also awarded the CP Concrete Consortium funding.

Mitsubishi Heavy Industries Engineering and Tokuyama Corporation have signed a memorandum of understanding. MHIENG will establish a carbon capture demonstration plant at the producer's 4.7Mt/yr Nanyo plant in Yamaguchi Prefecture as part of the arrangement.

Sumitomo Osaka Cement has used an internal carbon price mechanism for capital investments. Its goal is to provide financial incentives for emission reductions and to encourage low-carbon investment.

Japan and Thailand agreed to start a new energy policy conversation and implement collaborative decarbonization projects. During negotiations in Bangkok, Trade and Industry Minister Koichi Hagiuda and his Thai counterpart Supattanapong Punmeechaow signed a pact for the new initiatives.

Taisei, a Japanese general contractor, has devised a method for capturing carbon dioxide from the air during the concrete-making process, resulting in considerable reductions in greenhouse gas emissions.

The new method collects carbon dioxide from the atmosphere to generate calcium carbonate, a carbon dioxide-calcium combination used in cement. Concrete manufacture typically emits up to 300 kg of CO2 per cubic metre of concrete, with conventional cement production accounting for over 90% of the total emissions.

Idemitsu Kosan is in charge of calcium carbonate production, collaborating with Ube Industries and JGC Holdings to lower mass production costs.

Materials innovation is being driven by decarbonization shifts. Kajima, a construction company, is working on a carbon dioxide capture method for concrete. Carbon dioxide, on the other hand, lowers the alkalinity of concrete, causing iron to oxidise in reinforced concrete.

COMPANY PROFILE

• Sumitomo Osaka Cement Co, Ltd.
• Hitachi Cement Co, Ltd
• Tokuyama Corporation
• Taiheiyo Cement Corporation
• Ryukyu Cement Co, Ltd
• Nippon Steel & Sumitomo Metal Corporation
• Mitsubishi Materials Corporation
• Ube-Mitsubishi Cement Corporation

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost per Japan Cement Market  right now and how will it change in the next 5-6 years?
2. Average cost to set up a Cement Market in Japan?
3. How many Japan Cement Markets are manufactured per annum Japan? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, Japan?
5. Cost breakup of a Japan Cement Market  and key vendor selection criteria
6. Where is the Japan Cement Market manufactured? What is the average margin per equipment?
7. Market share of Japan Cement Market manufacturers and their upcoming products
8. The most important planned Japan Cement Market  in next 2 years
9. Details on network of major Japan Cement Market and pricing plans
10. Cost advantage for OEMs who manufacture Japan Cement Market in-house
11. 5 key predictions for next 5 years in Japan Cement Market
12. Average B-2-B Japan Cement Market price in all segments
13. Latest trends in Japan Cement Market, by every market segment
14. The market size (both volume and value) of Japan Cement Market in 2022-2027 and every year in between?
15. Global production breakup of Japan Cement Market, by suppliers and their OEM relationship