South Korea Calcium Sulfate Market was valued at USD 220 Million in 2022 and is projected to reach USD 320 Million by 2030, growing at a CAGR of 4.7% from 2024 to 2030.
The South Korea Calcium Sulfate Market is witnessing significant growth, driven by the diverse requirements of various industries. Calcium sulfate, a versatile compound, is widely used across multiple sectors, including construction, agriculture, and food processing. Its unique properties such as high solubility and non-toxicity make it an essential material in many industrial processes. The demand for calcium sulfate has surged as businesses seek sustainable and cost-effective solutions, particularly in sectors such as agriculture and building materials.
In the construction industry, calcium sulfate is commonly used as a key ingredient in the production of drywall and plaster products. With South Korea's booming construction sector, the need for quality building materials has led to increased consumption of calcium sulfate. The material's ability to enhance the strength and durability of construction products makes it a favored choice. As urbanization continues to expand in South Korea, the calcium sulfate market is expected to see steady growth, driven by rising demand for residential and commercial construction projects.
Similarly, the agriculture industry in South Korea is contributing to the growing demand for calcium sulfate. It plays a crucial role in soil treatment, where it helps improve soil structure and provides essential nutrients. Farmers rely on calcium sulfate to prevent soil acidity and promote better crop yields. This market segment is expected to expand further as agriculture continues to evolve with the adoption of more efficient farming techniques.
In the food industry, calcium sulfate serves as a food additive, primarily in the production of tofu and other food products. Its use as a coagulant in the food processing industry has also spiked in South Korea due to its natural and safe properties. Additionally, calcium sulfate is utilized in water treatment, where it helps in purifying water by reducing hardness and improving quality.
As industries across South Korea recognize the value of calcium sulfate, the demand continues to rise, ensuring a steady supply chain and contributing to the country’s industrial growth. With ongoing advancements in production technologies and increasing awareness of its environmental benefits, the calcium sulfate market in South Korea is poised for further expansion.
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Knauf
National Gypsum
Saint-Gobain group
LafargeHolcim
Volma
American Gypsum
Armstrong World Industries
Etex Group
ACG Materials
Yoshino
Matanat A
GGI
Gipsopolimer
Aytas Alci A.S
Diamond K Gypsum Company
Omid Semnan Gypsum
Al Watania Gypsum
Jonoub Gypsum
BNBM Group
Taishan Gypsum
New YuanDa Industrial
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Calcium Sulfate Market
Construction
Agriculture
Food and Beverage
Pharmaceuticals
Manufacturing
Gypsum
Plaster of Paris
Calcium Sulfate Dihydrate
Calcium Sulfate Anhydrite
Powdered Calcium Sulfate
Crystalline Calcium Sulfate
Granulated Calcium Sulfate
Tablet Form Calcium Sulfate
Soil Conditioner
Set Retarder in Cement
Food Additive
Textile and Paper Industry Additives
Pharmaceutical Formulations
Direct Sales
Wholesale
Online Retail
Specialty Stores
Distributors and Trading Companies
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Calcium Sulfate Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Calcium Sulfate Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Calcium Sulfate Market, By Type
6. South Korea Calcium Sulfate Market, By Application
7. South Korea Calcium Sulfate Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Calcium Sulfate Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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