South Korea Poly(Ethylene Glycol) Diacrylate Market was valued at USD 0.1 Billion in 2022 and is projected to reach USD 0.2 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
The South Korea Poly(Ethylene Glycol) Diacrylate Market is witnessing significant growth as various industries seek innovative solutions for enhanced product performance. Poly(Ethylene Glycol) Diacrylate, a versatile crosslinking agent, is used extensively in the manufacturing of adhesives, coatings, and polymer materials. With its ability to improve mechanical properties, chemical resistance, and flexibility, it has become a critical component in multiple industrial applications.
One of the major drivers for the increasing demand for Poly(Ethylene Glycol) Diacrylate in South Korea is the booming electronics and automotive sectors. In electronics, this compound is utilized to enhance the durability and performance of components like sensors, printed circuit boards, and flexible displays. The automotive industry benefits from its usage in the development of advanced materials that ensure higher resistance to wear and tear, contributing to the longevity and reliability of vehicles.
Another key application of Poly(Ethylene Glycol) Diacrylate is in the production of hydrogels. These materials, often used in biomedical fields, benefit from the compound's unique properties of water retention and biocompatibility. In South Korea, the demand for medical-grade hydrogels is rising, especially for applications in wound care and drug delivery systems. The compound's ability to form strong, flexible networks at the molecular level makes it a vital ingredient in these high-demand medical products.
The requirement for Poly(Ethylene Glycol) Diacrylate is also growing in the coatings and adhesives industries. The ability of the compound to provide superior bonding and flexibility while maintaining high resistance to environmental factors is highly valued by manufacturers in South Korea. The expanding construction and packaging industries are key contributors to this rising demand, as the need for durable, long-lasting coatings and adhesives continues to increase.
In summary, South Korea’s Poly(Ethylene Glycol) Diacrylate Market is experiencing robust growth, driven by its widespread application across various industries. As demand for high-performance materials increases, industries like electronics, automotive, and healthcare continue to rely on this versatile compound for improved product quality and innovation.
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Polysciences Inc.
Longchang chemical Co. Ltd.
3D Systems Inc.
Tokyo Chemical Industry Co. Ltd.
Biosynth
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 Poly(Ethylene Glycol) Diacrylate Market
Adhesives
Coatings
Biomedical
Electronics
Hydrogels
Pharmaceuticals
Cosmetics & Personal Care
Food & Beverage
Automotive
Agriculture
Crosslinking Agent
Encapsulation Agent
Photopolymerization Agent
Liquid
Solid
Industrial Grade
Pharmaceutical Grade
Cosmetic Grade
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Poly(Ethylene Glycol) Diacrylate 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 Poly(Ethylene Glycol) Diacrylate Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Poly(Ethylene Glycol) Diacrylate Market, By Type
6. South Korea Poly(Ethylene Glycol) Diacrylate Market, By Application
7. South Korea Poly(Ethylene Glycol) Diacrylate Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Poly(Ethylene Glycol) Diacrylate Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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