Phenolic Adhesives Market size was valued at USD 3.5 Billion in 2024 and is forecasted to grow at a CAGR of 5.5% from 2026 to 2033, reaching USD 5.6 Billion by 2033.
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South Korea's phenolic adhesives market has experienced a significant rise in demand, with industries across the country recognizing their effectiveness in various applications. Phenolic adhesives, known for their heat resistance and durability, are increasingly being sought after by manufacturers in sectors like automotive, construction, and electronics. These adhesives are particularly valued for their ability to provide strong bonds in high-temperature environments, making them crucial in the production of components that endure extreme conditions.
The automotive industry, one of the largest consumers of phenolic adhesives in South Korea, utilizes these adhesives for assembling car parts such as engine components, interiors, and structural elements. The ability of phenolic adhesives to withstand high temperatures and vibrations is key to ensuring the longevity and safety of automotive products. Similarly, in the construction sector, these adhesives are used in bonding materials such as insulation panels, flooring, and roofing materials, contributing to the overall strength and stability of buildings.
Another driving force behind the phenolic adhesives market in South Korea is the electronics industry. With the continuous advancement of technology, electronic devices are becoming more compact and efficient, which calls for adhesives that can meet specific performance requirements. Phenolic adhesives offer superior resistance to heat, moisture, and chemicals, making them ideal for bonding sensitive electronic components such as semiconductors, displays, and circuit boards.
As industries evolve, the demand for high-performance adhesives like phenolic adhesives is only set to increase. Companies are seeking adhesives that can provide enhanced performance in terms of durability, resistance, and ease of use. The South Korean market is expected to continue growing as more businesses understand the benefits of phenolic adhesives in diverse industrial applications. This growth reflects not only technological advancements but also an increased awareness of sustainable and efficient production practices, which are shaping the future of adhesive technologies in South Korea.
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Hexion
Sbhpp
Allnex Belgium
Metadynea International
Georgia-Pacific Chemicals
Prefere Resins
Plenco
UCP Chemicals AG
Lerg SA
Aica Kogyo
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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 Phenolic Adhesives Market
Furniture and Cabinets
Construction and Infrastructure
Automotive
Plywood and Wood-based Panels
Packaging
Thermosetting Phenolic Adhesives
Phenol-formaldehyde Resins
Phenolic Ureas
Novolac Phenolic Adhesives
Resole Phenolic Adhesives
Wood Bonding
Composite Laminates
Insulation Materials
Woven Fabrics
Electrical Insulation
Hydrothermal Processing
Extrusion Process
Spray Application
Roll Coating
Liquid Adhesive Application
Water-Based Phenolic Adhesives
Solvent-Based Phenolic Adhesives
Powdered Phenolic Adhesives
Ready-to-Use Phenolic Adhesives
Custom-Formulated Phenolic Adhesives
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Phenolic Adhesives 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 Phenolic Adhesives Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Phenolic Adhesives Market, By Type
6. South Korea Phenolic Adhesives Market, By Application
7. South Korea Phenolic Adhesives Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Phenolic Adhesives Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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