South Korea Polyethylene Market Size & Outlook, 2022-2030
South Korea polyethylene market, 2018-2030 (US$M)
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South Korea polyethylene market highlights
- The South Korea polyethylene market generated a revenue of USD 3,771.5 million in 2022 and is expected to reach USD 5,031.2 million by 2030.
- The South Korea market is expected to grow at a CAGR of 3.7% from 2023 to 2030.
- In terms of segment, packaging was the largest revenue generating end use in 2022.
- CONSTRUCTION is the most lucrative end use segment registering the fastest growth during the forecast period.
Polyethylene market data book summary
| Market revenue in 2022 | USD 3,771.5 million |
| Market revenue in 2030 | USD 5,031.2 million |
| Growth rate | 3.7% (CAGR from 2022 to 2030) |
| Largest segment | Packaging |
| Fastest growing segment | CONSTRUCTION |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PACKAGING, CONSTRUCTION, ELECTRICAL & ELECTRONICS, AUTOMOTIVE, MEDICAL, OTHER END USES |
| Key market players worldwide | Basf SE, Borealis Exploration Ltd, Braskem SA ADR, Dow Inc, Exxon Mobil Corp, LyondellBasell Industries NV Class A, Mitsubishi Chemical Group Corp, China Petroleum & Chemical Corp Class H, Formosa Plastics Group, LG Chem, MOL Group, INEOS, SABIC |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.5% of the global polyethylene market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China polyethylene market is projected to lead the regional market in terms of revenue in 2030.
- Thailand is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,273.8 million by 2030.
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Polyethylene Market Scope
Polyethylene Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea polyethylene 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 polyethylene market will help companies and investors design strategic landscapes.
Packaging was the largest segment with a revenue share of 68.9% in 2022. Horizon Databook has segmented the South Korea polyethylene market based on packaging, construction, electrical & electronics, automotive, medical, other end uses covering the revenue growth of each sub-segment from 2018 to 2030.
- South Korea Polyethylene End Use Outlook (Revenue, USD Million, 2018-2030)
- PACKAGING
- CONSTRUCTION
- ELECTRICAL & ELECTRONICS
- AUTOMOTIVE
- MEDICAL
- OTHER END USES
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Target buyers of South Korea polyethylene market databook
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Our clientele includes a mix of polyethylene market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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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 polyethylene market , including forecasts for subscribers. This country databook contains high-level insights into South Korea polyethylene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea polyethylene market size, by end use, 2018-2030 (US$M)
South Korea Polyethylene Market Outlook Share, 2022 & 2030 (US$M)
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