South Korea Foundry Chemicals Market to 2032
Overview
The South Korea Foundry Chemicals Market is expected to reach a 138.24 USD Million by 2032 and is projected to grow at a CAGR of 6.30% from 2025 to 2032.
Revenue, 2024 (USD Million)
93.66
Forecast, 2032 (USD Million)
138.24
CAGR, 2024 - 2032
6.30%
Report Coverage
South Korea
South Korea Foundry Chemicals Market 2018-2032 USD Million
South Korea Foundry Chemicals Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 93.66 USD Million
- Projected Market Size (2032): 138.24 USD Million
- CAGR (2025-2032): 6.30%
Key Findings of South Korea Foundry Chemicals Market
- The South Korea Foundry Chemicals Market was valued at 93.66 USD Million in 2024.
- The South Korea Foundry Chemicals Market is likely to grow at a CAGR of 6.30% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Ferrous in Foundry Type Segment accounted for the largest share of the market with a revenue of 76.33 USD Million
- The fastest growing segment Showel in Foundry Tool Type Segment grew Fastest with a CAGR of 7.70% during the forecast period from 2024 to 2032.
South Korea Foundry Chemicals Market Scope
South Korea Foundry Chemicals Market Segmentation & Scope
Application
- Others
- Aluminium
- Steel
- Cast iron
Distribution Channel
- Others
- E-Commerce
- Specialty Stores
- B2B/Third Party Distributors
Foundry System Type
- Sand Cast Systems
- Chemically Bonded Sand Cast Systems
Foundry Type
- Non-Ferrous
- Ferrous
Foundry Tool Type
- Others
- Sprue Pins and Cutters
- Swab
- Lifter
- Vent Wire
- Trowels
- Rammers
- Hand Riddle
- Showel
Foundry Process Type
- Electro Less Nickel Plating
- Thermal Galvanization
Product Type
- Others
- Fluxes
- Coatings
- Additive Agents
- Binders
Type
- Others
- Xylene
- Naphthalene
- Phenol
- Formaldehyde
- Benzene
South Korea Foundry Chemicals Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 93.66 USD Million |
| Market Value in 2032 | 138.24 USD Million |
| CAGR (2025-2032) | 6.30% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Distribution Channel,Foundry System Type,Foundry Type,Foundry Tool Type,Foundry Process Type,Product Type,Type |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 93.66 USD Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 93.66 USD Million in 2024.
Segments and Scope
-
South Korea Foundry Chemicals Market to 2032, By Application
- Cast iron is the largest segment in South Korea Foundry Chemicals Market to 2032 with a revenue of 34.19 USD Million in the year 2024.
- Cast iron is the Fastest growing segment in South Korea Foundry Chemicals Market to 2032 with a Growth rate of 6.74 % in forecast period 2025-2032.
-
South Korea Foundry Chemicals Market to 2032, By Distribution Channel
- B2B/Third Party Distributors is the largest segment in South Korea Foundry Chemicals Market to 2032 with a revenue of 39.35 USD Million in the year 2024.
- B2B/Third Party Distributors is the Fastest growing segment in South Korea Foundry Chemicals Market to 2032 with a Growth rate of 7.36 % in forecast period 2025-2032.
-
South Korea Foundry Chemicals Market to 2032, By Foundry System Type
- Chemically Bonded Sand Cast Systems is the largest segment in South Korea Foundry Chemicals Market to 2032 with a revenue of 50.07 USD Million in the year 2024.
- Chemically Bonded Sand Cast Systems is the Fastest growing segment in South Korea Foundry Chemicals Market to 2032 with a Growth rate of 6.66 % in forecast period 2025-2032.
-
South Korea Foundry Chemicals Market to 2032, By Foundry Type
- Ferrous is the largest segment in South Korea Foundry Chemicals Market to 2032 with a revenue of 76.33 USD Million in the year 2024.
- Ferrous is the Fastest growing segment in South Korea Foundry Chemicals Market to 2032 with a Growth rate of 6.49 % in forecast period 2025-2032.
-
South Korea Foundry Chemicals Market to 2032, By Foundry Tool Type
- Showel is the largest segment in South Korea Foundry Chemicals Market to 2032 with a revenue of 20.43 USD Million in the year 2024.
- Showel is the Fastest growing segment in South Korea Foundry Chemicals Market to 2032 with a Growth rate of 7.70 % in forecast period 2025-2032.
-
South Korea Foundry Chemicals Market to 2032, By Foundry Process Type
- Thermal Galvanization is the largest segment in South Korea Foundry Chemicals Market to 2032 with a revenue of 50.83 USD Million in the year 2024.
- Thermal Galvanization is the Fastest growing segment in South Korea Foundry Chemicals Market to 2032 with a Growth rate of 6.53 % in forecast period 2025-2032.
-
South Korea Foundry Chemicals Market to 2032, By Product Type
- Binders is the largest segment in South Korea Foundry Chemicals Market to 2032 with a revenue of 26.00 USD Million in the year 2024.
- Binders is the Fastest growing segment in South Korea Foundry Chemicals Market to 2032 with a Growth rate of 6.92 % in forecast period 2025-2032.
-
South Korea Foundry Chemicals Market to 2032, By Type
- Benzene is the largest segment in South Korea Foundry Chemicals Market to 2032 with a revenue of 21.17 USD Million in the year 2024.
- Benzene is the Fastest growing segment in South Korea Foundry Chemicals Market to 2032 with a Growth rate of 7.03 % in forecast period 2025-2032.
South Korea Foundry Chemicals Market Company Share Analysis
| Company Name |
|
||
| Hüttenes-Albertus | |||
| Saint-Gobain | |||
| Scottish Chemical | |||
| Ceraflux India Pvt. Ltd. | |||
| Coleshill Aluminium | |||
South Korea Foundry Chemicals Market Geographical Sales Distribution, 2018-2032 USD Million
South Korea Foundry Chemicals Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Foundry Chemicals Market is segmented based on Segmentation Application,Distribution Channel,Foundry System Type,Foundry Type,Foundry Tool Type,Foundry Process Type,Product Type,Type.
South Korea Foundry Chemicals Market was valued at USD 93.66(Revenue in USD Million) in 2022.
South Korea Foundry Chemicals Market is projected to grow at a CAGR of 6.30% during the forecast period of 2024 to 2032.
The Ferrous segment is expected to dominate the South Korea Foundry Chemicals Market, holding a largest market share of 76.33 USD Million in 2024
South Korea Foundry Chemicals Market Scope
South Korea Foundry Chemicals Market Segmentation & Scope
Application
- Others
- Aluminium
- Steel
- Cast iron
Distribution Channel
- Others
- E-Commerce
- Specialty Stores
- B2B/Third Party Distributors
Foundry System Type
- Sand Cast Systems
- Chemically Bonded Sand Cast Systems
Foundry Type
- Non-Ferrous
- Ferrous
Foundry Tool Type
- Others
- Sprue Pins and Cutters
- Swab
- Lifter
- Vent Wire
- Trowels
- Rammers
- Hand Riddle
- Showel
Foundry Process Type
- Electro Less Nickel Plating
- Thermal Galvanization
Product Type
- Others
- Fluxes
- Coatings
- Additive Agents
- Binders
Type
- Others
- Xylene
- Naphthalene
- Phenol
- Formaldehyde
- Benzene
Frequently Asked Questions
The South Korea Foundry Chemicals Market is segmented based on Segmentation Application,Distribution Channel,Foundry System Type,Foundry Type,Foundry Tool Type,Foundry Process Type,Product Type,Type.
South Korea Foundry Chemicals Market was valued at USD 93.66(Revenue in USD Million) in 2022.
South Korea Foundry Chemicals Market is projected to grow at a CAGR of 6.30% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Foundry Chemicals Market for final year is USD 138.24 (USD Million).
South Korea Foundry Chemicals Market Company Profiling
Frequently Asked Questions
The South Korea Foundry Chemicals Market is segmented based on Segmentation Application,Distribution Channel,Foundry System Type,Foundry Type,Foundry Tool Type,Foundry Process Type,Product Type,Type.
South Korea Foundry Chemicals Market was valued at USD 93.66(Revenue in USD Million) in 2022.
South Korea Foundry Chemicals Market is projected to grow at a CAGR of 6.30% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Foundry Chemicals Market for final year is USD 138.24 (USD Million).
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