South Korea Cellulosic Polymers Market Size & Outlook
The cellulosic polymers market in South Korea is expected to reach a projected revenue of US$ 837.0 million by 2030. A compound annual growth rate of 6.2% is expected of South Korea cellulosic polymers market from 2023 to 2030.
Revenue, 2022 (US$M)
$515.7
Forecast, 2030 (US$M)
$837.0
CAGR, 2023 - 2030
6.2%
Report Coverage
South Korea
South Korea cellulosic polymers market, 2018-2030 (US$M)
Related Markets
South Korea cellulosic polymers market highlights
- The South Korea cellulosic polymers market generated a revenue of USD 515.7 million in 2022 and is expected to reach USD 837.0 million by 2030.
- The South Korea market is expected to grow at a CAGR of 6.2% from 2023 to 2030.
- In terms of segment, cellulose ethers was the largest revenue generating type in 2022.
- Cellulose Esters is the most lucrative type segment registering the fastest growth during the forecast period.
Cellulosic polymers market data book summary
| Market revenue in 2022 | USD 515.7 million |
| Market revenue in 2030 | USD 837.0 million |
| Growth rate | 6.2% (CAGR from 2022 to 2030) |
| Largest segment | Cellulose ethers |
| Fastest growing segment | Cellulose Esters |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cellulose Esters, Cellulose Ethers |
| Key market players worldwide | Ashland Inc, Shin-Etsu Chemical Co Ltd, Celanese Corp Class A, Daicel Corp, Eastman Chemical Co, Lenzing AG, Dow Inc, Mitsubishi Chemical Group Corp, Grasim Industries Ltd DR, Sappi Ltd ADR, Nouryon, CP Kelco |
Other key industry trends
- In terms of revenue, South Korea accounted for 5.7% of the global cellulosic polymers market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China cellulosic polymers market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,737.3 million by 2030.
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Cellulosic Polymers Market Scope
Cellulosic polymers market segmentation & scope
Cellulosic Polymers Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea cellulosic polymers market size, by type, 2018-2030 (US$M)
South Korea Cellulosic Polymers Market Outlook Share, 2022 & 2030 (US$M)
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