South Korea Synthetic Industrial Adhesive Market was valued at USD 0.9 Billion in 2022 and is projected to reach USD 1.4 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030.
The South Korea Synthetic Industrial Adhesive Market is experiencing significant growth due to its increasing application across various industries. This rise can be attributed to the expanding demand for high-performance adhesives used in automotive, electronics, packaging, and construction sectors. These adhesives play a crucial role in enhancing product durability, improving bonding strength, and ensuring cost-effectiveness for manufacturers.
In the automotive industry, synthetic adhesives are widely used for bonding car components such as windshields, dashboards, and seats. These adhesives provide strong and reliable bonding while reducing the weight of the vehicle, which leads to better fuel efficiency. The automotive sector’s growing focus on lightweight materials and fuel efficiency is further driving the demand for synthetic adhesives.
In electronics, synthetic industrial adhesives are used for assembling delicate components like screens, batteries, and chips. These adhesives offer the necessary electrical insulation and thermal stability required for electronic devices. With the booming smartphone and consumer electronics markets in South Korea, the demand for high-performance adhesives is on the rise.
The packaging industry also heavily relies on synthetic adhesives, especially in the production of flexible packaging materials, labels, and tapes. As e-commerce continues to grow in South Korea, packaging demands are shifting toward more sustainable and efficient solutions, making synthetic adhesives an ideal choice due to their versatility and strength.
For the construction industry, these adhesives are essential in applications like flooring, tiles, and insulation. The rising construction projects, particularly in urban areas, require durable bonding materials that can withstand harsh conditions, making synthetic adhesives a vital part of modern construction practices.
Overall, the South Korea Synthetic Industrial Adhesive Market is shaped by technological innovations and evolving industry needs. As industries continue to prioritize sustainability, efficiency, and performance, synthetic adhesives are increasingly becoming indispensable in the manufacturing process.
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3M
Henkel
DIC Corporation
Huntsman
Solvay SA
BASF SE
Bostik
Hitachi Chemical
Mitsubishi Chemicals
Toyo Polymer
Royal Adhesives & Sealants
Appli-Tec
EPO-TEK
Epoxyset
Socomore
Aptek Laboratories
Bond Tech
Aditya Polymers
Anupol
Siva Chemical Industries
Atul
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 Synthetic Industrial Adhesive Market
Epoxy Adhesives
Polyurethane Adhesives
Acrylic Adhesives
Silly Putty Adhesives
Hot Melt Adhesives
Automotive
Construction
Aerospace
Electronics
Furniture
Water-Based Adhesives
Solvent-Based Adhesives
Hot Melt Adhesives
Reactive Adhesives
Packaging
Woodworking
Textiles
Medical
Consumer Goods
Liquid Adhesives
Powder Adhesives
Film Adhesives
Paste Adhesives
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Synthetic Industrial Adhesive 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 Synthetic Industrial Adhesive Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Synthetic Industrial Adhesive Market, By Type
6. South Korea Synthetic Industrial Adhesive Market, By Application
7. South Korea Synthetic Industrial Adhesive Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Synthetic Industrial Adhesive Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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