South Korea Polypropylene Nonwoven Fabric Market Size & Outlook
South Korea polypropylene nonwoven fabric market, 2018-2030 (US$M)
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South Korea polypropylene nonwoven fabric market highlights
- The South Korea polypropylene nonwoven fabric market generated a revenue of USD 283.5 million in 2023 and is expected to reach USD 494.0 million by 2030.
- The South Korea market is expected to grow at a CAGR of 8.3% from 2024 to 2030.
- In terms of segment, spunbound was the largest revenue generating product in 2023.
- Meltblown is the most lucrative product segment registering the fastest growth during the forecast period.
Polypropylene nonwoven fabric market data book summary
| Market revenue in 2023 | USD 283.5 million |
| Market revenue in 2030 | USD 494.0 million |
| Growth rate | 8.3% (CAGR from 2023 to 2030) |
| Largest segment | Spunbound |
| Fastest growing segment | Meltblown |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Spunbound, Staples, Meltblown, Composite |
| Key market players worldwide | Kimberly-Clark Corp, Berry Global Group Inc, Lydall, PFNonwovens Group, Schouw & Co., Mitsui Chemicals Inc, Fitesa, Toray Industries Inc, Freudenberg, Suominen, Asahi Kasei Corp, Ahlstrom-Munksjö, Johns Manville, First Quality |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.0% of the global polypropylene nonwoven fabric market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China polypropylene nonwoven fabric 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 770.3 million by 2030.
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Polypropylene Nonwoven Fabric Market Scope
Polypropylene Nonwoven Fabric Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea polypropylene nonwoven fabric 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 polypropylene nonwoven fabric market will help companies and investors design strategic landscapes.
Spunbound was the largest segment with a revenue share of 48.82% in 2023. Horizon Databook has segmented the South Korea polypropylene nonwoven fabric market based on spunbound, staples, meltblown, composite covering the revenue growth of each sub-segment from 2018 to 2030.
The automotive industry in South Korea is the sixth largest in the world in terms of production. The economy has been one of the largest automotive exporters in the world. South Korea is also one of the fastest growing nations in the word in terms of automotive production.
Increasing sales of eco-friendly vehicles such as electric vehicles, hybrid electrical vehicles, plug-in electric vehicles and fuel cell electrical vehicles is expected to drive the automotive sector growth in the economy over the next eight years.
The continuous boom in the automotive sector of the economy coupled with its leading position in the global market is expected to attract the foreign investors as well as the buyers. This turn is expected to increase the volume production of vehicles in the economy further leading to increased demand of polypropylene non-woven fabric.
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Target buyers of South Korea polypropylene nonwoven fabric market databook
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Our clientele includes a mix of polypropylene nonwoven fabric market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea polypropylene nonwoven fabric market , including forecasts for subscribers. This country databook contains high-level insights into South Korea polypropylene nonwoven fabric market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea polypropylene nonwoven fabric market size, by product, 2018-2030 (US$M)
South Korea Polypropylene Nonwoven Fabric Market Outlook Share, 2023 & 2030 (US$M)
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