South Korea Glycerol Derivatives Market Size & Outlook
South Korea glycerol derivatives market, 2018-2030 (US$M)
Related Markets
South Korea glycerol derivatives market highlights
- The South Korea glycerol derivatives market generated a revenue of USD 218.7 million in 2022 and is expected to reach USD 345.1 million by 2030.
- The South Korea market is expected to grow at a CAGR of 5.9% from 2023 to 2030.
- In terms of segment, bio-based was the largest revenue generating grade in 2022.
- Bio-based is the most lucrative grade segment registering the fastest growth during the forecast period.
Glycerol derivatives market data book summary
| Market revenue in 2022 | USD 218.7 million |
| Market revenue in 2030 | USD 345.1 million |
| Growth rate | 5.9% (CAGR from 2022 to 2030) |
| Largest segment | Bio-based |
| Fastest growing segment | Bio-based |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bio-based, Petroleum-based |
| Key market players worldwide | Shell PLC, Tokyo Chemical Industry, DuPont de Nemours Inc, Solvay SA, Croda International PLC, Cargill, Primient, Haihang Industry Co., Stepan Co, Thyssenkrupp AG, Repsol SA |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.4% of the global glycerol derivatives market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China glycerol derivatives 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 4,884.8 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Glycerol Derivatives Market Scope
Glycerol Derivatives Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea glycerol derivatives market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to glycerol derivatives market will help companies and investors design strategic landscapes.
Bio-based was the largest segment with a revenue share of 56.74% in 2022. Horizon Databook has segmented the South Korea glycerol derivatives market based on bio-based, petroleum-based covering the revenue growth of each sub-segment from 2018 to 2030.
South Korea is one of the prominent countries for glycerol due to the increased demand for synthetic paints as a result of the growing construction industry. As per the report of Trade Economics, South Korean construction spending increased to 10.2% in the 4th quarter of 2022 from 6.8% in the 3rd quarter of 2022.
Furthermore, the growth of transportation, energy, residential, and commercial projects is expected to sustain the industry's output over the forecast period. For instance, the South Korean government invested in expanding the railway network in 2021.
Thus, the rising construction industry in the country is expected to boost the growth of the glycerol derivatives market as glycerol is used in the construction industry in cement to ease its grinding.
Reasons to subscribe to South Korea glycerol derivatives market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of South Korea glycerol derivatives market databook
-
Our clientele includes a mix of glycerol derivatives market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea glycerol derivatives market , including forecasts for subscribers. This country databook contains high-level insights into South Korea glycerol derivatives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea glycerol derivatives market size, by grade, 2018-2030 (US$M)
South Korea Glycerol Derivatives Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
