South Korea Specialty Adhesives Market was valued at USD 0.8 Billion in 2022 and is projected to reach USD 1.2 Billion by 2030, growing at a CAGR of 5.4% from 2024 to 2030.
The South Korea Specialty Adhesives Market is witnessing significant growth, driven by the increasing demand across various industries. Specialty adhesives are a category of products known for their superior bonding properties, and they play an essential role in applications ranging from automotive manufacturing to electronics, packaging, and construction. As industries look for solutions to enhance product quality and production efficiency, the demand for these high-performance adhesives has surged in South Korea.
In the automotive sector, specialty adhesives are crucial for bonding components that require high strength, durability, and resistance to harsh environmental conditions. These adhesives help in reducing the weight of vehicles while enhancing safety features, such as bonding windows, windshields, and interior components. The automotive industry's push toward electric vehicles (EVs) and lightweight designs has further boosted the demand for advanced adhesive technologies in South Korea.
Another prominent application is in the electronics industry, where specialty adhesives are used to assemble electronic devices, such as smartphones, tablets, and computers. These adhesives are specifically designed to meet the stringent requirements for thermal and electrical conductivity, ensuring device reliability and performance. The growing demand for consumer electronics in South Korea has significantly impacted the specialty adhesives market in the region.
The construction and packaging industries are also major consumers of specialty adhesives in South Korea. In construction, adhesives are used for flooring, tiling, and insulation materials, offering improved bonding and performance over traditional methods. Meanwhile, in the packaging sector, specialty adhesives play a key role in providing secure packaging solutions for products, enhancing their shelf life and safety.
The continuous innovation in adhesive technologies, such as the development of bio-based and environmentally friendly adhesives, is set to shape the future of the South Korean specialty adhesives market. Manufacturers are increasingly focusing on sustainable solutions to meet both industry standards and consumer demand for eco-friendly products.
The requirement for high-performance adhesives in South Korea is expected to rise as industries evolve, requiring advanced solutions for their specific applications. The diverse application areas and innovations in adhesive technology make the South Korea Specialty Adhesives Market a dynamic and rapidly growing industry.
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3M
DowDuPont
BASF
Worthen Industries
Henkel
H. B. Fuller
Permatex
Bostik
Nexus Adhesives
WF Taylor
Total Wall
Ashland
Franklin
Bayer
Creative Materials
Acucote
Abrasiflex
W.W. Henry
Adirondack Specialty Adhesives
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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 Specialty Adhesives Market
Polyurethane Adhesives
Epoxy Adhesives
Cyanoacrylate Adhesives
Silicone Adhesives
Acrylic Adhesives
Rubber-Based Adhesives
Liquid Adhesives
Paste Adhesives
Spray Adhesives
Film Adhesives
Hot-Melt Adhesives
Automotive
Aerospace
Building and Construction
Electronics
Packaging
Medical
Textiles
Thermal Cure Adhesives
UV Cure Adhesives
Moisture Cure Adhesives
Ambient Cure Adhesives
Ready-to-Use Adhesives
Concentrated Adhesives
Two-Part Adhesives
One-Part Adhesives
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Specialty Adhesives 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 Specialty Adhesives Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Specialty Adhesives Market, By Type
6. South Korea Specialty Adhesives Market, By Application
7. South Korea Specialty Adhesives Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Specialty Adhesives Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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