South Korea Hydroxypropyl Cellulose Market Size & Outlook

The hydroxypropyl cellulose market in South Korea is expected to reach a projected revenue of US$ 34.3 million by 2030. A compound annual growth rate of 3.6% is expected of South Korea hydroxypropyl cellulose market from 2022 to 2030.
Revenue, 2021 (US$M)
$24.9
Forecast, 2030 (US$M)
$34.3
CAGR, 2022 - 2030
3.6%
Report Coverage
South Korea

South Korea hydroxypropyl cellulose market highlights

  • The South Korea hydroxypropyl cellulose market generated a revenue of USD 24.9 million in 2021 and is expected to reach USD 34.3 million by 2030.
  • The South Korea market is expected to grow at a CAGR of 3.6% from 2022 to 2030.
  • In terms of segment, water borne paints & coatings was the largest revenue generating application in 2021.
  • Pharmaceuticals is the most lucrative application segment registering the fastest growth during the forecast period.


Hydroxypropyl cellulose market data book summary

Market revenue in 2021USD 24.9 million
Market revenue in 2030USD 34.3 million
Growth rate3.6% (CAGR from 2021 to 2030)
Largest segmentWater borne paints & coatings
Fastest growing segmentPharmaceuticals
Historical data2018 - 2020
Base year2021
Forecast period2022 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBuilding Materials, Water Borne Paints & Coatings, Oil Fields, Personal Care & Cosmetics, Pharmaceuticals, Textiles, Food, Paper & Printing Inks
Key market players worldwideAkzo Nobel NV, CP Kelco, Daicel Corp, Dow Inc, Lamberti, Shin-Etsu Chemical Co Ltd, Air Liquide SA, Ashland Inc


Other key industry trends

  • In terms of revenue, South Korea accounted for 3.1% of the global hydroxypropyl cellulose market in 2021.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China hydroxypropyl cellulose market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 97.3 million by 2030.

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Hydroxypropyl Cellulose Market Companies

Name Profile # Employees HQ Website

South Korea hydroxypropyl cellulose 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 hydroxypropyl cellulose market will help companies and investors design strategic landscapes.


Water borne paints & coatings was the largest segment with a revenue share of 26.1% in 2021. Horizon Databook has segmented the South Korea hydroxypropyl cellulose market based on building materials, water borne paints & coatings, oil fields, personal care & cosmetics, pharmaceuticals, textiles, food, paper & printing inks covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of South Korea hydroxypropyl cellulose market databook

  • Our clientele includes a mix of hydroxypropyl cellulose 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.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea hydroxypropyl cellulose market , including forecasts for subscribers. This country databook contains high-level insights into South Korea hydroxypropyl cellulose market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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South Korea hydroxypropyl cellulose market size, by application, 2018-2030 (US$M)

South Korea Hydroxypropyl Cellulose Market Outlook Share, 2021 & 2030 (US$M)

South Korea hydroxypropyl cellulose market size, by application, 2018-2030 (US$M)

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