South Korea Precipitated Calcium Carbonate (PCC) Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.2 Billion by 2030, growing at a CAGR of 6.4% from 2024 to 2030.
The South Korea Precipitated Calcium Carbonate (PCC) market is experiencing a notable shift due to increased demand across various industries. This specialized material, derived from calcium carbonate through a precipitation process, is essential in applications such as paper, plastics, paints, coatings, and adhesives. As industries continuously look for cost-effective solutions without compromising on performance, the need for high-quality PCC is on the rise.
One of the primary drivers of the PCC market in South Korea is the booming paper industry. Paper manufacturers are increasingly turning to PCC to enhance the opacity, brightness, and smoothness of their products. It also plays a crucial role in reducing the overall cost of production by replacing more expensive raw materials. Additionally, as environmental regulations tighten, PCC is gaining popularity due to its eco-friendly properties and the ability to be sourced sustainably.
The demand for PCC in the plastic industry is also significant. Plastics, especially in the automotive and consumer goods sectors, rely on PCC for its ability to improve product rigidity and durability while maintaining a lighter weight. The versatility of PCC in various polymer-based applications further expands its role in the South Korean manufacturing sector.
The paint and coatings industry in South Korea is another major consumer of Precipitated Calcium Carbonate (PCC). The material is used to enhance the texture and finish of coatings while being a cost-effective alternative to titanium dioxide, which is a more expensive ingredient. As the construction and infrastructure sectors grow, the demand for high-quality paints and coatings has surged, driving further growth in the PCC market.
Additionally, the growth of the adhesives and sealants industry in South Korea is boosting the demand for PCC. Manufacturers in this sector use PCC to improve the performance of their products, especially in terms of viscosity and bonding strength. The increasing trend towards eco-friendly and sustainable products in this industry aligns well with the properties of Precipitated Calcium Carbonate (PCC), making it a preferred choice for many companies.
In conclusion, the South Korea Precipitated Calcium Carbonate (PCC) market continues to expand as various industries seek to optimize their production processes and reduce costs. The material’s versatility and eco-friendly attributes make it indispensable in multiple sectors, ensuring that demand will likely grow in the coming years.
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Minerals Technologies
Omya
Shiraishi
Imerys
Maruo Calcium
Mississippi Lime
OKUTAMA KOGYO
Schaefer Kalk
Cales de Llierca
Calchem
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 Precipitated Calcium Carbonate (PCC) Market
Ground PCC
Precipitated PCC
Pulp and Paper
Plastics
Paints and Coatings
Adhesives and Sealants
Food and Beverages
Paper and Pulp Industry
Building and Construction
Automotive
Food and Pharmaceuticals
Dry Process
Wet Process
Industrial Grade
Food Grade
Pharmaceutical Grade
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Precipitated Calcium Carbonate (PCC) 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 Precipitated Calcium Carbonate (PCC) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Precipitated Calcium Carbonate (PCC) Market, By Type
6. South Korea Precipitated Calcium Carbonate (PCC) Market, By Application
7. South Korea Precipitated Calcium Carbonate (PCC) Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Precipitated Calcium Carbonate (PCC) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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