South Korea Polyphenylene Oxide (ppo) Market Size & Outlook
South Korea polyphenylene oxide (ppo) market, 2018-2030 (US$M)
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South Korea polyphenylene oxide (ppo) market highlights
- The South Korea polyphenylene oxide (ppo) market generated a revenue of USD 66.2 million in 2022 and is expected to reach USD 87.9 million by 2030.
- The South Korea market is expected to grow at a CAGR of 3.6% from 2023 to 2030.
- In terms of segment, electrical & electronics was the largest revenue generating end use in 2022.
- AUTOMOTIVE is the most lucrative end use segment registering the fastest growth during the forecast period.
Polyphenylene oxide (ppo) market data book summary
| Market revenue in 2022 | USD 66.2 million |
| Market revenue in 2030 | USD 87.9 million |
| Growth rate | 3.6% (CAGR from 2022 to 2030) |
| Largest segment | Electrical & electronics |
| Fastest growing segment | AUTOMOTIVE |
| 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, LyondellBasell Industries NV Class A, Sumitomo Chemical Co Ltd, Asahi Kasei Corp, Solvay SA, Mitsubishi Chemical Group Corp, Evonik Industries AG, Toray Industries Inc, Kingfa Science & Technology (I, SABIC, Polyplastics, Momentive, China National Bluestar Group |
Other key industry trends
- In terms of revenue, South Korea accounted for 3.5% of the global polyphenylene oxide (ppo) market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China polyphenylene oxide (ppo) 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 210.8 million by 2030.
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Polyphenylene Oxide (PPO) Market Scope
Polyphenylene Oxide (PPO) Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea polyphenylene oxide (ppo) 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 polyphenylene oxide (ppo) market will help companies and investors design strategic landscapes.
Electrical & electronics was the largest segment with a revenue share of 42.45% in 2022. Horizon Databook has segmented the South Korea polyphenylene oxide (ppo) 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 is home to a large number of automotive and electronics manufacturers. The innovation driven industrial policy in the country has worked wonders for the country in the past years.
The rebound in international trade and increased government spending is expected to boost future industry growth. The government strategy of income led growth will boost the consumption of polyphenylene oxide over the forecast period.
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Target buyers of South Korea polyphenylene oxide (ppo) market databook
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Our clientele includes a mix of polyphenylene oxide (ppo) 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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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea polyphenylene oxide (ppo) market , including forecasts for subscribers. This country databook contains high-level insights into South Korea polyphenylene oxide (ppo) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea polyphenylene oxide (ppo) market size, by end use, 2018-2030 (US$M)
South Korea Polyphenylene Oxide (PPO) Market Outlook Share, 2022 & 2030 (US$M)
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