South Korea TA Resin Market was valued at USD 0.2 Billion in 2022 and is projected to reach USD 0.4 Billion by 2030, growing at a CAGR of 8.0% from 2024 to 2030.
South Korea's TA Resin Market: Applications and Industry Requirements
South Korea's TA resin market is experiencing notable growth, driven by its extensive applications across various industries. TA resins, known for their exceptional adhesive properties and environmental sustainability, have become integral in sectors such as coatings, adhesives, composites, and electronics.
In the coatings industry, TA resins are valued for their strong adhesion and resistance to moisture and chemicals, making them ideal for protective coatings on fabrics and containers. The adhesives sector benefits from TA resins' compatibility with diverse substrates, enhancing the durability of bonded materials. In composites, these resins contribute to improved mechanical properties and stability, essential for high-performance applications. The electronics industry utilizes TA resins for their insulating properties and reliability in circuit board manufacturing.
South Korea's robust production capacity supports the growing demand for synthetic resins. In 2023, the country produced approximately 4.3 million metric tons of terephthalic acid, a key component in resin manufacturing. Additionally, polypropylene (PP) led the synthetic resin production capacity with over six million tons, followed by high-density polyethylene (HDPE) at around 3.7 million tons. These figures underscore South Korea's capability to meet both domestic and international resin demands.
Industries require TA resins that offer high performance, environmental sustainability, and cost-effectiveness. The shift towards eco-friendly materials has amplified the demand for bio-based resins, prompting manufacturers to innovate and develop products that align with stringent environmental regulations. Companies are investing in research and development to enhance resin properties, ensuring they meet the evolving needs of industries focused on sustainability and performance.
As the TA resin market in South Korea continues to expand, stakeholders are poised to benefit from the country's advanced manufacturing capabilities and commitment to sustainable practices. The emphasis on producing high-quality, environmentally friendly resins positions South Korea as a key player in the global TA resin market.
Get an In-Depth Research Analysis of the South Korea TA Resin Market Size And Forecast [2025-2032]
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MGC
Showa Denko Materials Co.
Ltd.
Kinsus
Mitsubishi Gas Chemical Company
Isola Group
J-Stage
UNION TOOL CO.
Techia Material Co.
Ltd
Shanghai Zhongsi Industry
Zhejiang Huada Resin Co.
Ltd.
Huntsman Corporation
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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 TA Resin Market
Automotive
Electrical and Electronics
Aerospace
Medical
Packaging
Glass Reinforced TA Resin
Carbon Reinforced TA Resin
Pure TA Resin
Injection Molding
Compression Molding
Extrusion Molding
Polyetherimide (PEI)
Polyphenylene Sulfide (PPS)
Polyimide (PI)
Injection Molding
Compression Molding
Transfer Molding
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea TA Resin 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 TA Resin Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea TA Resin Market, By Type
6. South Korea TA Resin Market, By Application
7. South Korea TA Resin Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea TA Resin Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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