South Korea Edge Banding Glue Market was valued at USD 0.15 Billion in 2022 and is projected to reach USD 0.22 Billion by 2030, growing at a CAGR of 4.8% from 2024 to 2030.
The South Korea edge banding glue market is witnessing substantial growth as the demand for high-quality, durable adhesive solutions in the woodworking and furniture industry continues to rise. Edge banding glue plays a crucial role in the production of laminated panels and furniture by binding the edges of wood products, providing a seamless, aesthetically pleasing finish. This specialized glue is particularly essential in the manufacturing of cabinets, desks, and other furniture, where visual appeal and longevity are critical factors.
In South Korea, industries require edge banding glue that is not only effective but also sustainable. Manufacturers are seeking adhesives that are resistant to heat, moisture, and wear. This has resulted in a growing demand for more advanced, environmentally friendly options such as water-based and solvent-free edge banding glues. These alternatives are gaining traction due to their low environmental impact and the increasing consumer preference for eco-conscious products.
As technology advances, the requirements for edge banding glue are evolving. Industries in South Korea are now focused on improving the durability, ease of application, and compatibility with various materials. The need for high-quality edge banding glue extends across sectors, including construction, automotive, and home appliance manufacturing. These industries demand products that not only provide a smooth, high-quality finish but also enhance the longevity of the furniture and components they produce.
One of the key factors driving the market is the rise of furniture production and construction activities. South Korea's growing residential and commercial real estate market is contributing significantly to the demand for edge banding glue. Moreover, the surge in e-commerce platforms selling home furniture has further increased the need for better packaging and delivery solutions, where edge banding plays a critical role in protecting the product during transportation.
South Korea's edge banding glue market is anticipated to continue expanding, driven by the growing industrialization and the rising need for superior finishes in wood-based products. The market is expected to see innovations in glue formulation, ensuring compatibility with a variety of materials and the ability to meet the rigorous demands of both industrial and consumer markets.
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Chemique
Henkel
Jowat
Dorus
Akfix
NANPAO
Guangdong Sino-adhesive New Material Technology
Mingtu
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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 Edge Banding Glue Market
Polyvinyl Acetate (PVA)
Polyurethane (PU)
Hot Melt Glue
Epoxy Resins
Cyanoacrylate
Automated Application
Manual Application
Spray Application
Roller Application
Furniture Manufacturing
Cabinetry
Woodworking and Carpentry
Automotive Interior
Aerospace Applications
Water-Based
SOLVENT-Based
Solvent-Free
Temperature-Resistant Formulations
Bulk Packaging
Retail Packaging
Drum Packaging
Sachet Packaging
Cartridge Packaging
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Edge Banding Glue 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 Edge Banding Glue Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Edge Banding Glue Market, By Type
6. South Korea Edge Banding Glue Market, By Application
7. South Korea Edge Banding Glue Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Edge Banding Glue Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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