Industry: Materials and Chemical | Lastest Edition: July 3, 2026 | No of Pages: 206 | No. of Tables: 74 | No. of Figures: 84 | Format: PDF | Report Code : MC4913
|
Parameters |
Details |
|
Market Size in 2026 |
USD 172.9 Million |
|
Revenue Forecast in 2035 |
USD 244.1 Million |
|
Growth Rate |
CAGR of 3.91% from 2026 to 2035 |
|
Market Volume in 2026 |
2,805 Kilotons |
|
Volume Forecast in 2035 |
3,915 Kilotons |
|
Growth Rate |
CAGR of 3.77% from 2026 to 2035 |
|
Analysis Period |
2025–2035 |
|
Base Year Considered |
2025 |
|
Forecast Period |
2026–2035 |
|
Market Size Estimation |
Million (USD) |
|
Companies Profiled |
12 |
|
Market Share |
Available for 10 companies |
The South Korea Gypsum Powder Market size was valued at USD 156.8 Million in 2025 and reached USD 172.9 Million by 2026. Looking ahead, the industry is projected to expand steadily, reaching USD 244.1 Million by 2035, registering a CAGR of 3.91% from 2026 to 2035. In terms of volume, the market recorded 2,523 Kilotons in 2025, with forecasts indicating growth to 2,805 Kilotons by 2026 and further to 3,915 Kilotons by 2035, reflecting a CAGR of 3.77% over the same period.
Our analysis shows that the South Korea gypsum powder market is influenced by strong demand for premium interior finishing materials and renovation activities. Manufacturers are improving operational efficiency through automated processing technologies and energy-efficient production systems. Sustainability initiatives are encouraging the adoption of low-carbon materials and recycling practices, while digital procurement platforms enhance supply chain efficiency. Regulatory compliance and strict product quality standards continue to shape market strategies, supporting competitiveness and long-term industry growth.
|
Drivers / Trends / Restraints |
(+/–) % Impact on CAGR Forecast |
Geographic Relevance |
Impact Timeline |
|
Rapid expansion of residential and commercial construction activities across major metropolitan areas in South Korea is increasing demand for gypsum powder in drywall production, joint compound formulations, and site-applied plaster applications |
+1.2% |
Seoul Metropolitan Area, Busan, Incheon, Gyeonggi Province |
Medium term (2–5 years) |
|
Growing cement manufacturing operations and increasing adoption of blended cement formulations across industrial facilities are strengthening gypsum powder consumption as an essential setting time regulator within clinker-based production processes |
+0.9% |
South Chungcheong Province, North Gyeongsang Province, Gyeonggi industrial corridors |
Medium to long term (2–6 years) |
|
Rising demand for agricultural gypsum applications including soil amendment, fertilizer input, and land reclamation activities is expanding gypsum powder consumption across South Korea's farming and agricultural development regions |
+0.8% |
South Jeolla Province, North Jeolla Province, South Chungcheong agricultural zones |
Medium term (2–5 years) |
|
Increasing environmental compliance requirements and stricter regulations governing gypsum mining and industrial byproduct handling are raising operational costs and complicating procurement planning across South Korea's gypsum supply chain |
–0.7% |
Nationwide, elevated impact across industrial manufacturing zones |
Medium term (2–5 years) |
|
Growing availability of desulfurization gypsum from thermal power plants and industrial byproduct recovery programs is supporting expansion of synthetic gypsum supply channels and creating cost-competitive feedstock opportunities for South Korea's gypsum manufacturing sector |
+1.0% |
Dangjin, Hadong, Boryeong, Taean coal power industrial regions |
Medium to long term (3–7 years) |
Through our market assessment, we observed that the South Korea Gypsum Powder Market is witnessing steady growth driven by expanding construction sector demand, rising cement manufacturing operations, and growing agricultural applications of gypsum powder across the country. Increasing investment in residential infrastructure, blended cement production, and soil amendment programs is accelerating gypsum consumption throughout regional supply chains. Meanwhile, tightening environmental compliance requirements continue creating operational challenges for gypsum procurement and processing activities. Furthermore, rising industrial byproduct recovery from power generation facilities is creating new opportunities for synthetic gypsum supply expansion across South Korea.
Through our South Korea construction market assessment, we observed that rapid expansion of residential and commercial construction activities across major metropolitan areas is significantly driving market growth. Rising government housing initiatives, urban redevelopment programs, and commercial real estate developments are strengthening demand for gypsum powder in drywall manufacturing, joint compound formulations, and site-applied plaster applications. Gypsum powder improves fire resistance, moisture regulation, and acoustic performance across modern construction materials. Consequently, construction developers and building material manufacturers are increasing gypsum powder procurement to support rising project activity throughout South Korea's expanding urban construction landscape.
Growing cement manufacturing operations and increasing adoption of blended cement formulations across industrial production facilities are fueling market expansion across South Korea's industrial sector. Our findings suggest that rising domestic cement output and export-oriented clinker production activity are strengthening gypsum powder consumption as an essential setting time regulator within cement manufacturing processes. Gypsum powder controls cement hydration rates, improves early-stage strength development, and enhances formulation stability across blended cement products. Furthermore, cement producers are broadening gypsum procurement channels to support consistent production throughput and improve product quality across major manufacturing operations.
Based on NMSC's research, we found that rising agricultural sector applications including soil amendment, fertilizer input, and land reclamation programs are substantially driving gypsum powder demand across South Korea's farming regions. Increasing awareness of gypsum's role in improving soil calcium content, reducing soil compaction, and enhancing crop yields is encouraging adoption across agricultural cooperatives and farming operations. Gypsum powder improves soil permeability, nutrient availability, and root development across rice, vegetable, and specialty crop cultivation environments. Additionally, government-supported agricultural productivity programs are accelerating gypsum adoption across regional farming operations throughout South Korea.
Increasing environmental compliance requirements and stricter waste management regulations governing gypsum mining operations and industrial byproduct handling continue acting as a constraint for the market across South Korea's gypsum supply chain. In our observation, we found that tightening environmental standards for air emissions, waste disposal, and water management are raising operational costs for gypsum producers and processors. Compliance investments in pollution control systems and regulatory reporting increase overall production expenses and complicate procurement planning. In addition, permitting complexities for new mining operations restrict supply expansion and affect consistent gypsum powder availability throughout regional distribution networks.
How Is Growing Synthetic Gypsum Recovery From Industrial Sources Unlocking New Growth Opportunities for the South Korea Gypsum Powder Market?
Through NMSC's assessment, we found that growing availability of desulfurization gypsum from thermal power plants and industrial byproduct recovery programs is unlocking new growth opportunities for the market across South Korea's gypsum supply ecosystem. Rising adoption of flue gas desulfurization systems in coal-fired and industrial combustion facilities is generating consistent synthetic gypsum feedstock streams at cost-competitive pricing levels. Synthetic gypsum availability improves supply reliability, reduces raw material import dependence, and supports broader gypsum powder production capacity expansion. Additionally, rising phosphogypsum recovery and recycled gypsum processing initiatives are further strengthening alternative feedstock development across South Korea's gypsum manufacturing sector.
Is Source Segmentation Supporting Gypsum Supply Diversification in the South Korea Gypsum Powder Market?
Based on source, the market is segmented into natural gypsum, synthetic gypsum, and recycled gypsum.
Based on our analysis, we observed that natural gypsum continues supporting gypsum powder production across quarrying and mineral processing operations throughout South Korea. Synthetic gypsum derived from flue gas desulfurization processes is also supporting industrial manufacturing needs across cement, construction, and agricultural end-use sectors. Recycled gypsum recovery from construction waste and demolition activities is further contributing to alternative feedstock availability within gypsum supply chains. Consequently, diversification across gypsum source categories is strengthening supply resilience and supporting consistent raw material availability across multiple gypsum powder manufacturing operations in South Korea.
Is Application Segmentation Supporting Gypsum Powder Demand Across Diverse End-Use Industries in the South Korea Gypsum Powder Market?
Based on application, the market is segmented into construction, cement, agriculture, and industrial.
Based on our evaluation, we identified that construction sector applications including drywall manufacturing, joint compound formulations, and site-applied plaster systems are supporting broad gypsum powder consumption across residential and commercial building activities throughout South Korea. Cement manufacturing applications are also utilizing gypsum powder across clinker processing and blended cement formulations to regulate setting characteristics and improve product performance. Agricultural applications including soil amendment and fertilizer input programs are supporting gypsum adoption across farming operations. Furthermore, industrial applications spanning ceramics, dental materials, and food-grade processing are broadening gypsum powder utilization across specialized manufacturing sectors.
The South Korea Gypsum Powder trends is characterized by a moderately competitive structure supported by the presence of multinational building material suppliers, domestic manufacturing specialists, and specialized dental and medical gypsum producers. Market growth is being driven by expanding construction sector investments, rising cement production activity, and increasing agricultural applications of gypsum-based products across the country. In addition, growing integration of synthetic gypsum recovery systems and industrial byproduct utilization initiatives are strengthening supply-side capabilities and supporting broader market development across South Korea's gypsum manufacturing ecosystem.
Knauf Korea Co. Ltd.
Etex Korea Co., Ltd.
Sika Korea Ltd.
Kerr Corporation
Whip Mix Corporation
Kulzer Korea Co., Ltd.
MAPEI Korea Ltd.
TeaWon Mulsan Co., Ltd.
MUNGYO Gypsum & Engineering Co., Ltd.
Korea Gypsum Co., Ltd.
Lotte Fine Chemical Co., Ltd.
Buildchem Co., Ltd.
Based on NMSC's research, we found that competitive dynamics are increasingly shaped by product quality capabilities, supply chain integration expertise, and multi-segment application coverage across South Korea's gypsum powder industry. Key companies such as Knauf Korea Co. Ltd., Etex Korea Co., Ltd., Sika Korea Ltd., Kerr Corporation, Whip Mix Corporation, Kulzer Korea Co., Ltd., MAPEI Korea Ltd., TeaWon Mulsan Co., Ltd., MUNGYO Gypsum & Engineering Co., Ltd., Korea Gypsum Co., Ltd., Lotte Fine Chemical Co., Ltd., and Buildchem Co., Ltd. are strengthening market presence through product innovation, manufacturing capacity expansion, and application diversification. Consequently, the competitive landscape is advancing toward a more sophisticated structure in the South Korea Gypsum Powder Market.
Based on our evaluation, we found that awareness of gypsum powder products is increasing across construction, interior finishing, and agricultural applications in South Korea. Buyers typically assess product quality, purity, pricing, and supplier reliability before making purchasing decisions. Procurement commonly occurs through distributors, manufacturers, online platforms, and direct sourcing channels. Customer loyalty is strongly influenced by consistent product performance, timely delivery, and technical support. Growing emphasis on quality assurance and operational efficiency continues to shape purchasing preferences across end-user industries.
Raw Gypsum Powder
Beta Hemihydrate
Alpha Hemihydrate
Anhydrite
Natural Gypsum
Synthetic Gypsum
FGD Gypsum
Phosphogypsum
Other Synthetic Gypsum
Recycled Gypsum
Standard Powder
Fine Powder
Ultra Fine Powder
Granulated Powder
Direct Sales
Distributor Sales
Retail Sales
Construction
Board Feedstock
Joint Compounds
Site-Applied Plaster
Screeds
Cement
Agriculture
Soil Amendment
Fertilizer Input
Animal Bedding
Industrial
Moulding and Casting
Ceramics
Fillers
Dental and Medical
Food and Pharma
Other Industrial
Next Move Strategy Consulting (NMSC) provides a comprehensive analysis of the South Korea Gypsum Powder Market trends, covering historical trends from 2020–2025 and forecasts through 2035. The study evaluates market performance across key product forms, sources, particle sizes, sales channels, and application segments, highlighting construction material adoption, cement manufacturing integration, and agricultural application expansion. Investors benefit from rising construction and infrastructure investments, while manufacturers gain strategic insights into product diversification and supply chain optimization opportunities across South Korea's evolving gypsum powder market landscape.
The report also delivers detailed competitive analysis, profiling 12 key companies shaping the South Korea Gypsum Powder Market. Manufacturers and distributors benefit from regional demand insights, product form preferences, and application-specific consumption trends that support strategic planning and business development decisions. Policymakers and regulatory bodies gain visibility into environmental compliance dynamics, synthetic gypsum supply expansion potential, and sustainability-oriented manufacturing transitions across South Korea's gypsum industry supply chain.
|
Parameters |
Details |
|
Customization Scope |
Free customization (equivalent to up to 80 analyst-working hours) after purchase. |
|
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |
|
Approach |
In-depth primary and secondary research; proprietary databases; rigorous quality control and validation measures. |
|
Analytical Tools |
Porter's Five Forces, SWOT, value chain, and Harvey ball analysis to assess competitive intensity, stakeholder roles, and relative impact of key factors. |
The South Korea Gypsum Powder Market is poised for consistent growth through 2035, driven by expanding residential and commercial construction activities, rising cement manufacturing operations, and increasing agricultural adoption of gypsum-based soil amendment products. Growing availability of synthetic gypsum from industrial byproduct recovery programs is supporting supply diversification and enhancing raw material cost efficiency across manufacturing operations. Strategic investments in production capacity expansion, product innovation, and multi-segment application development are expected to strengthen market competitiveness and support sustainable long-term growth across South Korea's gypsum powder industry landscape.