In February xxxx, the Japanese market for Fumed Silica remained unchanged, continuing the prior pattern with subdued downstream construction performance and low-key orders from the market. However, there is a potential rebound in the construction sector, initially anticipated for xxxx, faces a new challenge, a looming labor shortage due to an upcoming cap on overtime hours. The government is actively working on a solution package to mitigate this impact and support the industry&#xx;s progress. Moreover, government investments in infrastructure projects for the xxxx World Exposition in Osaka, coupled with a rise in private building investments, are expected to propel Japan&#xx;s construction industry by x.xx in xxxx. This growth surge could translate into a significant increase in new orders for Fumed Silica, potentially impacting price stability in the future.
The market continues to experience a period of equilibrium between supply and demand, resulting in stable prices for Fumed...
