Plastic Calendaring Resins Market size was valued at USD 3.5 Billion in 2024 and is projected to reach USD 5.2 Billion by 2033, exhibiting a CAGR of 4.5% from 2026 to 2033.
South Korea's plastic calendaring resins market is experiencing notable growth, driven by the country's robust industrial sectors and increasing demand for high-quality plastic products. The market is projected to reach a revenue of USD 21,066.8 million by 2030, with a compound annual growth rate (CAGR) of 5.7% from 2024 to 2030.
Polyvinyl Chloride (PVC): Widely used due to its versatility and durability, PVC is a primary choice for calendaring processes.
Chlorinated Polyethylene (CPE): Known for its excellent weather resistance, CPE is utilized in various industrial applications.
Thermoplastic Polyolefins (TPO): TPOs offer a balance of flexibility and strength, making them suitable for automotive and roofing applications.
Ethylene-Vinyl Acetate (EVA): EVA's flexibility and toughness make it ideal for packaging and footwear industries.
The demand for plastic calendaring resins in South Korea spans multiple industries:
Construction: The construction industry held the largest market share of 32.0% in 2023, utilizing resins for roofing, flooring, and window profiles.
Automotive: Resins are used in interior components like dashboards and door panels, enhancing aesthetics and durability.
Electrical and Electronics: Resins provide insulation and protection for wires and cables, supporting the growing electrical infrastructure.
Consumer Goods: Applications include toys, appliances, and furniture, with a projected CAGR of 2.4% from 2024 to 2032.
Technological advancements are leading to the development of new and improved plastic calendaring resins with enhanced properties such as higher strength and better flexibility. Additionally, the shift towards sustainable solutions is driving the adoption of bio-based and recyclable resins, aligning with global environmental regulations.
With the increasing demand from various industries and the continuous development of advanced and sustainable resins, South Korea's plastic calendaring resins market is poised for significant growth in the coming years.
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Formosa Plastics Corporation
Eastman Chemical Co
Saudi Basic Industries Corporation
Indorama Ventures Public Company Limited
LOTTE Chemical Corporation
LG Chem Ltd.
Reliance Industries Limited
Lyondell Basell Industries Holdings B.V.
INEOS Olefins & Polymers USA
LLC
Westlake Corporation
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 Plastic Calendaring Resins Market
Polyvinyl Chloride (PVC)
Thermoplastic Elastomers (TPE)
Polyethylene (PE)
Polypropylene (PP)
Others
Automotive Components
Construction Materials
Packaging Films
Electrical and Electronics
Consumer Goods
Automotive
Construction
Healthcare
Electrical & Electronics
Consumer Goods
Traditional Calendaring
Advanced Calendaring Technologies
Continuous Calendaring
Batch Calendaring
Sheet
Film
Strips
Foam
Other Forms
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Plastic Calendaring Resins 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 Plastic Calendaring Resins Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Plastic Calendaring Resins Market, By Type
6. South Korea Plastic Calendaring Resins Market, By Application
7. South Korea Plastic Calendaring Resins Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Plastic Calendaring Resins Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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