South Korea Moisture-Proof Sealing Auxiliary Materials Market was valued at USD 0.4 Billion in 2022 and is projected to reach USD 0.7 Billion by 2030, growing at a CAGR of 7.9% from 2024 to 2030.
The South Korean Moisture-Proof Sealing Auxiliary Materials Market is experiencing significant growth, driven by diverse industrial applications and evolving sectoral demands.
**Market Overview**
In 2022, South Korea's building and construction sealants market was valued at USD 199.6 million, with projections estimating it will reach USD 414.8 million by 2030, reflecting a CAGR of 9.6%. This growth underscores the escalating need for moisture-proof sealing materials across various industries.
**Industrial Applications and Requirements**
Building and Construction: Accounting for approximately 34% of the total sealants market volume in 2024, this sector utilizes moisture-proof sealants for joint sealing, weatherproofing, glazing, and façade applications. Government initiatives aiming to construct 830,000 houses nationwide further amplify this demand.
Industrial Thermal Insulation: Industries such as manufacturing, chemicals, and oil & gas rely on these materials to prevent heat loss and protect critical systems, thereby enhancing energy efficiency and reducing operational costs.
Aerospace: Projected to grow at approximately 6% during 2024-2029, the aerospace sector demands specialized sealants for applications in instrumental seals, engine gaskets, and hydraulic systems, ensuring safety and performance.
Automotive and Electronics: The automotive industry, especially with the push towards electrification, and the electronics sector require moisture-proof sealants to protect components from environmental factors, ensuring longevity and reliability.
**Technological Trends**
Silicone Sealants: Dominating the market with approximately 48% share in 2024, silicone sealants are favored for their UV resistance and broad operating temperature range, making them suitable for both indoor and outdoor applications.
Water-Based Technologies: Identified as the fastest-growing segment, these eco-friendly alternatives align with global sustainability goals, reducing environmental impact without compromising performance.
**Sustainability and Environmental Impact**
The market is witnessing a shift towards sustainable solutions, with manufacturers developing bio-based sealants derived from renewable resources. These innovations not only enhance moisture resistance but also minimize reliance on fossil fuels, promoting a circular economy. Additionally, life cycle assessments are being adopted to evaluate and reduce the environmental footprint of these products.
**Conclusion**
The Moisture-Proof Sealing Auxiliary Materials Market in South Korea is poised for substantial growth, driven by diverse industrial applications, technological advancements, and a strong emphasis on sustainability. Industries are increasingly prioritizing materials that offer both high performance and environmental responsibility, shaping the future landscape of this dynamic market.
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Fosroc
Sika
TKK
Pecora
Coastal Construction
AkzoNobel
Euclid Chemical
Zhejiang Zhenshen Insulation Technology
Cangzhou Kerui Thermal Insulation Material
Henkel
3M
Dehe Technology Group
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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 Moisture-Proof Sealing Auxiliary Materials Market
Silicone Sealants
Polyurethane Sealants
Acrylic Sealants
Epoxy Sealants
Construction
Automotive
Aerospace
Electronics
Manufacturing
Residential
Commercial
Industrial
Institutional
Government
Ready-to-Use Formulations
Concentrated Formulations
Two-Part Systems
One-Part Systems
Temperature Resistance
Flexibility
Adhesion Strength
Water Resistance
UV Resistance
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Moisture-Proof Sealing Auxiliary Materials 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 Moisture-Proof Sealing Auxiliary Materials Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Moisture-Proof Sealing Auxiliary Materials Market, By Type
6. South Korea Moisture-Proof Sealing Auxiliary Materials Market, By Application
7. South Korea Moisture-Proof Sealing Auxiliary Materials Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Moisture-Proof Sealing Auxiliary Materials Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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