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    Japan Zinc Market

    ID: MRFR/CnM/47160-HCR
    200 Pages
    Chitranshi Jaiswal
    September 2025

    Japan Zinc Market Research Report By Form (Powder, Sheet, Others), By Application (Galvanizing, Die Casting, Others) and By End-Use Industry (Galvanizing, Die Casting, Others) - Forecast to 2035

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    Japan Zinc Market Research Report - Forecast by 2035 Infographic
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    Table of Contents

    Japan Zinc Market Summary

    The Japan Zinc market is projected to grow from 1.35 USD Billion in 2024 to 2.21 USD Billion by 2035, reflecting a robust growth trajectory.

    Key Market Trends & Highlights

    Japan Zinc Key Trends and Highlights

    • The Japan Zinc market is valued at 1.35 USD Billion in 2024, indicating a solid foundation for future growth.
    • By 2035, the market is expected to reach 2.21 USD Billion, showcasing a significant increase over the forecast period.
    • The compound annual growth rate (CAGR) for the Japan Zinc market is projected at 4.58% from 2025 to 2035, suggesting steady expansion.
    • Growing adoption of zinc in various industries due to its corrosion resistance is a major market driver.

    Market Size & Forecast

    2024 Market Size 1.35 (USD Billion)
    2035 Market Size 2.21 (USD Billion)
    CAGR (2025-2035) 4.58%

    Major Players

    Mitsui Mining and Smelting, Furukawa Co, Sumitomo Metal Mining, Nippon Steel, Shikoku Electric Power, JX Nippon Mining and Metals, Kagoshima Zinc, Dowa Holdings, Daido Steel, Hokuriku Electric Power, Nippon Zinc, Toho Zinc

    Japan Zinc Market Trends

    In Japan, the zinc market is witnessing various notable trends that are influencing its growth and development. One significant market driver is the increased demand for zinc in the construction and automotive sectors, driven by infrastructure projects and the growing focus on growing the country's aging infrastructure. The Japanese government has been investing substantially in infrastructure upgrades, particularly in urban areas, which increases the need for corrosion-resistant materials like zinc. Moreover, the automotive industry is shifting towards lighter, more fuel-efficient vehicles, with zinc playing a critical role in reducing weight and enhancing vehicle longevity.

    Opportunities for the Japan zinc market lie in the rising demand for zinc in battery production, especially with the growing adoption of electric vehicles. As the country aims to reduce carbon emissions by promoting EVs, the requirement for high-performance batteries leads to increased zinc usage, presenting a promising avenue for market expansion. Furthermore, the push for circular economy initiatives and sustainable practices indicates a trend towards recycling zinc, which can help meet the demand while minimizing environmental impact. Recent times have also seen a focus on developing advanced zinc alloys that improve material performance and durability.

    Research and development in enhancing the properties of zinc for various applications showcase Japan's commitment to innovation in this sector. Additionally, growing awareness regarding the health benefits of zinc fortification in food products indicates a potential market for zinc in the food and pharmaceutical industries, further diversifying its applications. Overall, the Japan zinc market is evolving with robust drivers, diverse opportunities, and the exploration of innovative applications.

    Japan Zinc Market Drivers

    Market Segment Insights

    Japan Zinc Market Segment Insights

    Japan Zinc Market Segment Insights

    Zinc Market Form Insights

    Zinc Market Form Insights

    The Japan Zinc Market has observed various dynamic trends within its Form segment, characterized by the diverse applications of zinc in several industries. The market encompasses multiple categories, including Powder, Sheet, and Others, with each playing a vital role across different sectors. The Powder form of zinc is particularly significant due to its essential applications in metallurgy and chemical processes, contributing to the production of various alloys and serving as a key ingredient in diverse formulations. This form is important for facilitating automotive parts manufacturing, electronics, and construction materials, enhancing product durability and effectiveness.

    Meanwhile, the Sheet form of zinc underlines its prominence within the building and construction sectors, serving as a protective coating for structures against corrosion and environmental deterioration. Sheet zinc is commonly utilized for roofing and various facade materials, showcasing the material's functional and aesthetic qualities. Furthermore, the Others category reflects auxiliary forms of zinc, catering to niche applications that are equally significant in the overall market framework, thereby ensuring multiple avenues for growth and innovation.

    The overall growth of the Japan Zinc Market industry is influenced by the increasing demand for galvanized steel and the ongoing expansions in the automotive and construction sectors. Challenges such as fluctuating raw material prices and strict regulatory frameworks surrounding environmental sustainability impact market dynamics. However, opportunities are present in emerging technologies and the growth of the electric vehicle market, which is expected to drive further advancements in zinc utilization across Japan.

    As the market evolves, continuous Research and Development efforts and innovation in manufacturing processes will play a significant role in enhancing efficiency and expanding the application scope of each form segment in the market. The Japan Zinc Market data indicates that the region's focus on sustainable practices aligns well with the growth trajectories in the overall market, showcasing a commitment towards environmental responsibility while striving for economic development. As such, trends in market growth will likely continue to gain momentum, driven by strategic collaborations and the rise of green technologies that support the zinc industry's transformation.

    Zinc Market Application Insights

    Zinc Market Application Insights

    The Japan Zinc Market, particularly within the Application segment, plays a vital role in various industrial applications. Among the key uses of zinc, galvanizing stands out as a major contributor, as it is extensively utilized for corrosion resistance in construction materials and automotive sectors. This process effectively enhances the lifespan of products, aligning with Japan's emphasis on durability and quality standards. Die casting also commands significance within the Application segment, being favored for its efficiency in producing intricate components for the electronics and automotive industries.

    The ability to create complex shapes with minimal waste contributes to its popularity, supporting the growing demand for lightweight and high-strength materials. Other applications further enrich the market landscape, including sectors such as agriculture and pharmaceuticals, where zinc compounds are essential. Overall, the diverse nature of these applications highlights the importance of the Japan Zinc Market, supported by its robust industrial framework and the growing need for sustainable solutions across various sectors. As Japan continues to advance its technology and infrastructure, the relevance of these applications in enhancing product performance and sustainability cannot be understated.

    Zinc Market End-Use Industry Insights

    Zinc Market End-Use Industry Insights

    The End-Use Industry segment of the Japan Zinc Market plays a critical role in various applications, driving significant demand across multiple sectors. In Japan, galvanizing is a dominant process widely utilized in the automotive and construction industries to enhance corrosion resistance and prolong the lifespan of metal structures and components. This process is essential due to Japan’s climate and environmental considerations, making galvanized products a necessity for infrastructure development. Die casting is another important application, leveraging zinc’s favorable properties to manufacture complex shapes and designs in various products, thereby catering primarily to the electronics and automotive sectors.

    Despite facing some challenges, such as competition from alternative materials, the demand for high-quality zinc die castings remains robust, owing to the material’s ability to contribute to lightweight and durable components. Additionally, the "others" category encompasses several emerging applications where zinc is leveraged, which offers growth opportunities given the metal’s versatility. Overall, the diverse applications within the End-Use Industry segment underscore the Japan Zinc Market's importance and its contribution to the country's industrial landscape.

    Get more detailed insights about Japan Zinc Market Research Report - Forecast by 2035

    Regional Insights

    Key Players and Competitive Insights

    The Japan Zinc Market is characterized by a dynamic competitive landscape that reflects the interplay of various factors such as demand, supply, market trends, and the overarching economic environment. Zinc, a critical metal with applications in construction, automotive, and electronics, has seen steady demand owing to its essential properties, such as corrosion resistance and strength. The competitiveness of this market is shaped by the presence of established companies that innovate and adapt to changing market conditions while addressing environmental regulations and sustainability.

    As the Japanese economy continues to advance with technological innovations and infrastructure development, these companies are strategically positioned to leverage these opportunities within the market while competing for market share and profitability. Mitsui Mining and Smelting has established itself as a significant player in the Japan Zinc Market, known for its robust production capabilities and extensive experience in mineral processing. The company benefits from a comprehensive supply chain that allows it to effectively manage its operations from mining through to smelting.

    A key strength of Mitsui Mining and Smelting lies in its commitment to high-quality production processes and technological advancements, which enhance efficiency and sustainability. Furthermore, its strong focus on research and development enables the company to adapt to market demands and develop innovative solutions tailored to the needs of its customers. This ability to evolve, combined with a solid reputation for quality, positions Mitsui Mining and Smelting advantageously in the competitive landscape of the Japan Zinc Market. Furukawa Co has made notable contributions to the Japan Zinc Market with its diversified portfolio and a strong emphasis on innovation.

    The company specializes in producing various zinc products catering to different applications, ensuring it meets the needs of a broad customer base. Furukawa Co's market presence is bolstered by its strategic partnerships and collaborations, which enhance its distribution capabilities and market reach within Japan. Known for focusing on sustainability, the company has implemented environmentally friendly practices in its manufacturing processes, aligning with global trends towards greener production.

    Additionally, Furukawa Co has been active in pursuing mergers and acquisitions to expand its capabilities and market influence, positioning itself effectively for future growth in the zinc industry while maintaining a strong commitment to quality and customer satisfaction.

    Key Companies in the Japan Zinc Market market include

    Industry Developments

    The Japan Zinc Market has recently seen notable developments impacting companies such as Mitsui Mining and Smelting, Furukawa Co., and Sumitomo Metal Mining. In September 2023, Dowa Holdings announced strategic initiatives aimed at increasing its zinc production capacity in response to growing demand, particularly from the automotive sector. Additionally, Nippon Steel has reported plans to enhance its zinc production processes to improve sustainability and reduce emissions.

    Current affairs indicate that Japan's growing emphasis on renewable energy sources is driving new projects in the zinc sector, as zinc is crucial for the production of batteries and other materials used in green technologies.

    Regarding mergers and acquisitions, there have been rumors of potential collaboration among JX Nippon Mining and Metals and Shikoku Electric Power to explore synergies in zinc operations, though no formal agreement has yet been disclosed as of October 2023. Market valuations for these companies have been positively influenced by increasing global zinc prices, intensifying competition, and ongoing technological advancements, reinforcing the significance of the Japan Zinc Market in the regional and global landscape. Major happenings from the past couple of years include successful pilot projects by Toho Zinc in sustainable mining practices initiated in early 2022.

    Market Segmentation

    Zinc Market Form Outlook

    • Powder
    • Sheet
    • Others

    Zinc Market Application Outlook

    • Galvanizing
    • Die Casting
    • Others

    Zinc Market End-Use Industry Outlook

    • Galvanizing
    • Die Casting
    • Others

    Report Scope

    Report Attribute/Metric Details
    Market Size 2024 1.35(USD Billion)
    Market Size 2025 1.58(USD Billion)
    Market Size 2035 2.21(USD Billion)
    Compound Annual Growth Rate (CAGR) 3.116% (2025 - 2035)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Billion
    Key Companies Profiled Mitsui Mining and Smelting, Furukawa Co, Sumitomo Metal Mining, Nippon Steel, Shikoku Electric Power, JX Nippon Mining and Metals, Kagoshima Zinc, Dowa Holdings, Daido Steel, Hokuriku Electric Power, Nippon Zinc, Toho Zinc
    Segments Covered Form, Application, End-Use Industry
    Key Market Opportunities Growing demand in the automotive industry, Expansion in the renewable energy sector, Increasing use of construction materials, Rising investments in infrastructure projects,  and advancements in battery technology.
    Key Market Dynamics domestic production fluctuations, import dependency trends, environmental regulations impact, demand from the automotive sector, price volatility influences
    Countries Covered Japan

    Market Highlights

    Author
    Chitranshi Jaiswal
    Research Analyst Level I

    In her 3 years of experience in the market research field, she has handled critical cross-domain projects. She has an in-depth knowledge of market estimation & analysis, problem-solving, primary as well as secondary research, and team management.She holds an engineering degree and is an MBA professional from a well-known university, capable of evaluating the market and competitive conditions. An exceptional strategist with excellent communication skills and a passion for delivering cutting-edge & practical insights for the market. Proficient in multi-tasking, and can successfully deal with competing demands, while maintaining complete confidentiality. Generated business through active client and project development, networking, and high-quality responses. Her knowledge and skills have helped in making solid business decisions, securing funding from investors, and avoiding business failures.

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    FAQs

    What was the expected market size of the Japan Zinc Market in 2024?

    The Japan Zinc Market was expected to be valued at 1.58 USD Billion in 2024.

    What is the projected market size for the Japan Zinc Market by 2035?

    By 2035, the Japan Zinc Market is projected to reach a value of 2.21 USD Billion.

    What is the expected CAGR for the Japan Zinc Market from 2025 to 2035?

    The expected CAGR for the Japan Zinc Market from 2025 to 2035 is 3.116%.

    Who are the major players in the Japan Zinc Market?

    Major players in the Japan Zinc Market include Mitsui Mining and Smelting, Furukawa Co, and Sumitomo Metal Mining.

    What is the market size for zinc powder in Japan by 2035?

    Zinc powder in the Japan Zinc Market is expected to be valued at 0.85 USD Billion by 2035.

    What was the market value for zinc sheets in Japan in 2024?

    In 2024, the market value for zinc sheets in Japan was anticipated to be 0.7 USD Billion.

    How much is the Japan Zinc Market for other forms expected to be valued in 2035?

    The market for other forms of zinc in Japan is expected to be valued at 0.36 USD Billion by 2035.

    What are some growth drivers for the Japan Zinc Market?

    Key growth drivers for the Japan Zinc Market include rising demand from various end-user industries and increasing urbanization.

    What challenges does the Japan Zinc Market currently face?

    The Japan Zinc Market faces challenges such as fluctuating raw material prices and environmental regulations.

    How is the current global scenario affecting the Japan Zinc Market?

    The current global scenario impacts the Japan Zinc Market by influencing supply chain dynamics and pricing strategies.

    1. 'TABLE OF CONTENTS
    2. EXECUTIVE SUMMARY
    3. Market Overview
      1. Key Findings
      2. Market Segmentation
    4. Competitive Landscape
      1. Challenges and Opportunities
      2. Future Outlook
    5. MARKET INTRODUCTION
      1. Definition
      2. Scope of the study
        1. Research Objective
        2. Assumption
        3. Limitations
    6. RESEARCH METHODOLOGY
      1. Overview
    7. Data Mining
      1. Secondary Research
      2. Primary Research
    8. Primary Interviews and Information Gathering Process
      1. Breakdown of Primary
    9. Respondents
      1. Forecasting Model
      2. Market Size Estimation
    10. Bottom-Up Approach
      1. Top-Down Approach
      2. Data Triangulation
      3. Validation
    11. MARKET DYNAMICS
      1. Overview
      2. Drivers
      3. Restraints
      4. Opportunities
    12. MARKET FACTOR ANALYSIS
      1. Value chain Analysis
      2. Porter''s Five Forces
    13. Analysis
      1. Bargaining Power of Suppliers
        1. Bargaining Power
    14. of Buyers
      1. Threat of New Entrants
        1. Threat of Substitutes
        2. Intensity of Rivalry
      2. COVID-19 Impact Analysis
    15. Market Impact Analysis
      1. Regional Impact
        1. Opportunity and
    16. Threat Analysis
    17. JAPAN ZINC MARKET, BY FORM (USD BILLION)
      1. Powder
      2. Sheet
      3. Others
    18. JAPAN ZINC MARKET,
    19. BY APPLICATION (USD BILLION)
      1. Galvanizing
      2. Die Casting
    20. Others
    21. JAPAN ZINC MARKET, BY END-USE INDUSTRY (USD BILLION)
    22. Galvanizing
      1. Die Casting
      2. Others
    23. COMPETITIVE LANDSCAPE
      1. Overview
      2. Competitive Analysis
    24. Market share Analysis
      1. Major Growth Strategy in the Zinc Market
    25. Competitive Benchmarking
      1. Leading Players in Terms of Number of Developments
    26. in the Zinc Market
      1. Key developments and growth strategies
    27. New Product Launch/Service Deployment
      1. Merger & Acquisitions
        1. Joint Ventures
      2. Major Players Financial Matrix
        1. Sales
    28. and Operating Income
      1. Major Players R&D Expenditure. 2023
    29. COMPANY PROFILES
      1. Mitsui Mining and Smelting
        1. Financial
    30. Overview
      1. Products Offered
        1. Key Developments
    31. SWOT Analysis
      1. Key Strategies
      2. Furukawa Co
    32. Financial Overview
      1. Products Offered
        1. Key Developments
        2. SWOT Analysis
        3. Key Strategies
      2. Sumitomo Metal
    33. Mining
      1. Financial Overview
        1. Products Offered
    34. Key Developments
      1. SWOT Analysis
        1. Key Strategies
    35. Nippon Steel
      1. Financial Overview
        1. Products Offered
        2. Key Developments
        3. SWOT Analysis
        4. Key Strategies
      2. Shikoku Electric Power
        1. Financial Overview
    36. Products Offered
      1. Key Developments
        1. SWOT Analysis
        2. Key Strategies
      2. JX Nippon Mining and Metals
        1. Financial
    37. Overview
      1. Products Offered
        1. Key Developments
    38. SWOT Analysis
      1. Key Strategies
      2. Kagoshima Zinc
    39. Financial Overview
      1. Products Offered
        1. Key Developments
        2. SWOT Analysis
        3. Key Strategies
      2. Dowa Holdings
        1. Financial Overview
        2. Products Offered
        3. Key
    40. Developments
      1. SWOT Analysis
        1. Key Strategies
    41. Daido Steel
      1. Financial Overview
        1. Products Offered
        2. Key Developments
        3. SWOT Analysis
        4. Key Strategies
      2. Hokuriku Electric Power
        1. Financial Overview
    42. Products Offered
      1. Key Developments
        1. SWOT Analysis
        2. Key Strategies
      2. Nippon Zinc
        1. Financial Overview
        2. Products Offered
        3. Key Developments
        4. SWOT
    43. Analysis
      1. Key Strategies
      2. Toho Zinc
        1. Financial
    44. Overview
      1. Products Offered
        1. Key Developments
    45. SWOT Analysis
      1. Key Strategies
    46. APPENDIX
      1. References
      2. Related Reports
    47. (USD BILLIONS)
    48. APPLICATION, 2019-2035 (USD BILLIONS)
    49. & FORECAST, BY END-USE INDUSTRY, 2019-2035 (USD BILLIONS)
    50. LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    51. MARKET ANALYSIS BY FORM
    52. BUYING CRITERIA OF ZINC MARKET
    53. DRO ANALYSIS OF ZINC MARKET
    54. / VALUE CHAIN: ZINC MARKET
    55. ZINC MARKET, BY APPLICATION, 2025 (% SHARE)
    56. APPLICATION, 2019 TO 2035 (USD Billions)
    57. INDUSTRY, 2025 (% SHARE)
    58. TO 2035 (USD Billions)

    Japan Zinc Market Segmentation

    • Zinc Market By Form (USD Billion, 2019-2035)
      • Powder
      • Sheet
      • Others

     

    • Zinc Market By Application (USD Billion, 2019-2035)
      • Galvanizing
      • Die Casting
      • Others

     

    • Zinc Market By End-Use Industry (USD Billion, 2019-2035)
      • Galvanizing
      • Die Casting
      • Others

     

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    Customer Strories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

    Victoria Milne Founder
    Case Study

    Chemicals and Materials