South Korea Isophthalic Acid Market was valued at USD 0.15 Billion in 2022 and is projected to reach USD 0.25 Billion by 2030, growing at a CAGR of 6.0% from 2024 to 2030.
The South Korea Isophthalic Acid market is experiencing a significant surge in demand across various industries due to its versatile applications. Isophthalic acid, a key intermediate in the production of polyesters, is highly valued for its role in enhancing the durability, thermal stability, and chemical resistance of the final product. As a result, it has become indispensable in numerous sectors, including automotive, construction, and electronics.
The demand for Isophthalic Acid in South Korea is largely driven by the increasing use of polyester resins in the automotive and construction industries. Polyester resins, produced from Isophthalic Acid, are utilized in the production of fiberglass-reinforced composites, which are used in automotive parts, roofing, and insulation materials. The booming automotive production in South Korea, with leading manufacturers like Hyundai and Kia, has escalated the requirement for durable and high-performance materials. These industries rely on the chemical properties of Isophthalic Acid for the production of lightweight, high-strength parts that offer improved fuel efficiency and reduced carbon footprints.
In addition to the automotive and construction sectors, South Korea’s electronics industry is also a major consumer of Isophthalic Acid. The demand for high-quality plastic components used in smartphones, computers, and home appliances has led to a rise in the use of Isophthalic Acid-based resins. These resins provide the necessary resistance to heat and electrical conductivity, making them ideal for electronic devices that need to endure high temperatures and provide long-lasting performance.
The increased adoption of eco-friendly materials has also played a role in boosting the Isophthalic Acid market. As industries look for sustainable alternatives to traditional chemicals, Isophthalic Acid is becoming more popular due to its relatively low environmental impact during production. South Korea’s push towards green technology and sustainable manufacturing practices has resulted in more industries shifting to Isophthalic Acid-based products.
The South Korean Isophthalic Acid market is expected to continue expanding as various industries leverage its properties to develop innovative products. The evolving trends in automotive, construction, and electronics are sure to drive further demand, making Isophthalic Acid a crucial component of South Korea's industrial future.
Get an In-Depth Research Analysis of the South Korea Isophthalic Acid Market Size And Forecast [2025-2032]
Eastman
HELM
BASF-YPC
Formosa Petrochemical Corporation
Lotte Chemical
Veritas
SRL Chemical
Hebei Shuner Chemical
Yangzhou Yangtai Chemical
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.
Get Discount On The Purchase of the South Korea Isophthalic Acid Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Isophthalic Acid Market
Polyester Resins
Coatings
Plastics
Adhesives
Pharmaceuticals
Paints and Coatings
Unsaturated Polyester Resins (UPR)
Thermosetting and Thermoplastic Formulations
Aromatic Polyester Fibers
Automotive
Construction
Textiles
Electronics
Packaging
Batch Production
Continuous Production
Catalytic Processes
Environmental and Sustainable Production Techniques
Industrial Grade
Reagent Grade
High-Purity Grade
Specialty Grades for Specific Applications
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
For More Information or Query, Visit @ South Korea Isophthalic Acid Market Research Analysis
1. Introduction of the South Korea Isophthalic Acid 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 Isophthalic Acid Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Isophthalic Acid Market, By Type
6. South Korea Isophthalic Acid Market, By Application
7. South Korea Isophthalic Acid Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Isophthalic Acid Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Research and Consulting firm servicing over 5000+ clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/