South Korea Medical Grade Silicone Market Size & Outlook

The medical grade silicone market in South Korea is expected to reach a projected revenue of US$ 330.6 million by 2030. A compound annual growth rate of 5.1% is expected of South Korea medical grade silicone market from 2025 to 2030.
Revenue, 2024 (US$M)
$243.5
Forecast, 2030 (US$M)
$330.6
CAGR, 2025 - 2030
5.1%
Report Coverage
South Korea

South Korea medical grade silicone market highlights

  • The South Korea medical grade silicone market generated a revenue of USD 243.5 million in 2024 and is expected to reach USD 330.6 million by 2030.
  • The South Korea market is expected to grow at a CAGR of 5.2% from 2025 to 2030.
  • In terms of segment, automatic was the largest revenue generating mode of operation in 2024.
  • Automatic is the most lucrative mode of operation segment registering the fastest growth during the forecast period.


Medical grade silicone market data book summary

Market revenue in 2024USD 243.5 million
Market revenue in 2030USD 330.6 million
Growth rate5.2% (CAGR from 2025 to 2030)
Largest segmentAutomatic
Fastest growing segmentAutomatic
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSemi Automatic, Automatic
Key market players worldwideMomentive, Trelleborg AB ADR, China National Bluestar Group,  3M Company, Henkel AG & Co KGaA, KCC, Elkem ASA Ordinary Shares, Dow Corning, Wacker Chemie AG


Other key industry trends

  • In terms of revenue, South Korea accounted for 4.4% of the global medical grade silicone market in 2024.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China medical grade silicone 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 1,297.3 million by 2030.

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Medical Grade Silicone Market Scope

Medical grade silicone market segmentation & scope

Medical Grade Silicone Market Companies

Name Profile # Employees HQ Website

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


Automatic was the largest segment with a revenue share of 51.01% in 2024. Horizon Databook has segmented the South Korea medical grade silicone market based on semi automatic, automatic covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of South Korea medical grade silicone market databook

  • Our clientele includes a mix of medical grade silicone 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 grade silicone market , including forecasts for subscribers. This country databook contains high-level insights into South Korea medical grade silicone market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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South Korea medical grade silicone market size, by mode of operation, 2018-2030 (US$M)

South Korea Medical Grade Silicone Market Outlook Share, 2024 & 2030 (US$M)

South Korea medical grade silicone market size, by mode of operation, 2018-2030 (US$M)

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