South Korea Medical Adhesives Market Size & Outlook

The medical adhesives market in South Korea is expected to reach a projected revenue of US$ 671.2 million by 2030. A compound annual growth rate of 12.6% is expected of South Korea medical adhesives market from 2023 to 2030.
Revenue, 2022 (US$M)
$259.1
Forecast, 2030 (US$M)
$671.2
CAGR, 2023 - 2030
12.6%
Report Coverage
South Korea

South Korea medical adhesives market highlights

  • The South Korea medical adhesives market generated a revenue of USD 259.1 million in 2022 and is expected to reach USD 671.2 million by 2030.
  • The South Korea market is expected to grow at a CAGR of 12.6% from 2023 to 2030.
  • In terms of segment, reactive & others was the largest revenue generating technology in 2022.
  • Reactive & Others is the most lucrative technology segment registering the fastest growth during the forecast period.


Medical adhesives market data book summary

Market revenue in 2022USD 259.1 million
Market revenue in 2030USD 671.2 million
Growth rate12.6% (CAGR from 2022 to 2030)
Largest segmentReactive & others
Fastest growing segmentReactive & Others
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationWater Based, Solvent Based, Hot Melt, Reactive & Others
Key market players worldwideBaxter International Inc, Becton Dickinson & Co, Dentsply Sirona Inc, 3M Co, Arkema SA, H.B. Fuller Co, Henkel AG & Co KGaA, Avery Dennison Corp, DuPont de Nemours Inc, Ashland Inc, Cohera Medical, Chemence Medical, Heartland Adhesives


Other key industry trends

  • In terms of revenue, South Korea accounted for 1.2% of the global medical adhesives market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China medical adhesives 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 5,757.9 million by 2030.

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Medical Adhesives Market Scope

Medical adhesives market segmentation & scope
Flexible Packaging
Case & Carton
Labeling
Residential
Commercial
Industrial
Flooring & Plywood
Furniture
Doors & Windows
Housing Components
Passenger Cars
LCV
MCV & HCV
Others

Medical Adhesives Market Companies

Name Profile # Employees HQ Website

South Korea medical adhesives 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 medical adhesives market will help companies and investors design strategic landscapes.


Reactive & others was the largest segment with a revenue share of 85.14% in 2022. Horizon Databook has segmented the South Korea medical adhesives market based on water based, solvent based, hot melt, reactive & others covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of South Korea medical adhesives market databook

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

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South Korea medical adhesives market size, by technology, 2018-2030 (US$M)

South Korea Medical Adhesives Market Outlook Share, 2022 & 2030 (US$M)

South Korea medical adhesives market size, by technology, 2018-2030 (US$M)

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