South Korea Specialty Polyamides Market Size & Outlook
South Korea specialty polyamides market, 2018-2030 (US$M)
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South Korea specialty polyamides market highlights
- The South Korea specialty polyamides market generated a revenue of USD 105.6 million in 2022 and is expected to reach USD 176.6 million by 2030.
- The South Korea market is expected to grow at a CAGR of 6.6% from 2023 to 2030.
- In terms of segment, high temperature polyamides was the largest revenue generating product in 2022.
- Long Chain Nylons is the most lucrative product segment registering the fastest growth during the forecast period.
Specialty polyamides market data book summary
| Market revenue in 2022 | USD 105.6 million |
| Market revenue in 2030 | USD 176.6 million |
| Growth rate | 6.6% (CAGR from 2022 to 2030) |
| Largest segment | High temperature polyamides |
| Fastest growing segment | Long Chain Nylons |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Long Chain Nylons, High Temperature Polyamides, MXD6/PARA |
| Key market players worldwide | Evonik Industries AG, Arkema SA, Basf SE, Dow Inc, Koninklijke DSM NV, Asahi Kasei Corp, LG Chem, INVISTA, Solvay SA, Radici Group, Ems-Chemie Holding AG, Ube Corp, Kuraray Co Ltd, Mitsubishi Gas Chemical Co Inc, Toyobo Co Ltd |
Other key industry trends
- In terms of revenue, South Korea accounted for 4.1% of the global specialty polyamides market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China specialty polyamides 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 267.2 million by 2030.
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Specialty Polyamides Market Scope
Specialty Polyamides Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea specialty polyamides 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 specialty polyamides market will help companies and investors design strategic landscapes.
High temperature polyamides was the largest segment with a revenue share of 46.4% in 2022. Horizon Databook has segmented the South Korea specialty polyamides market based on long chain nylons, high temperature polyamides, mxd6/para covering the revenue growth of each sub-segment from 2018 to 2030.
South Korea is one of the largest manufacturers of semiconductor chips owing to the presence of large multinational company, Samsung Electronics Corporation, in the country. With the advent of technologies such as Artificial intelligence (AI), the demand for semiconductor chips to perform complex processes is growing. This factor is anticipated to promote market growth in the country.
The increasing adoption of advanced and flexible manufacturing practices, such as 3D printers and additive manufacturing, to boost production activities is expected to drive the demand for high-value added machinery and equipment.
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Target buyers of South Korea specialty polyamides market databook
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Our clientele includes a mix of specialty polyamides 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 specialty polyamides market , including forecasts for subscribers. This country databook contains high-level insights into South Korea specialty polyamides market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea specialty polyamides market size, by product, 2018-2030 (US$M)
South Korea Specialty Polyamides Market Outlook Share, 2022 & 2030 (US$M)
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