Japan's Inorganic Drugs Market Drops
China Drying Network News Japan's Inorganic Drugs Association recently issued a forecast that in fiscal year 2012 (April 2012 to March 2013), the number of listed Japanese inorganic medicines (excluding titanium oxide and sepiolite) was approximately 2.966 million tons, The fiscal year decreased by 1.0%, thus reducing for two consecutive years. The market demand for aluminum compounds for water treatment, which accounts for about 40% of the total, is weak. The listed volume is slightly lower than that of the previous fiscal year. Although people expect a rebound in market demand after the Great East Japan Earthquake, due to the uncertain world economy and the impact of factors such as the appreciation of the Japanese yen, the export market for inorganic medicines is sluggish, and the Japanese inorganic pharmaceutical market will continue to decline.
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