South Korea Medical Grade Silicone Market Size & Outlook
South Korea medical grade silicone market, 2018-2030 (US$M)
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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 2024 | USD 243.5 million |
| Market revenue in 2030 | USD 330.6 million |
| Growth rate | 5.2% (CAGR from 2025 to 2030) |
| Largest segment | Automatic |
| Fastest growing segment | Automatic |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Semi Automatic, Automatic |
| Key market players worldwide | Momentive, 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 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
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Our clientele includes a mix of medical grade silicone market companies, investment firms, advisory firms & academic institutions.
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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)
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