South Korea Wood Adhesives Market Size & Outlook, 2022-2030
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South Korea wood adhesives market highlights
- The South Korea wood adhesives market generated a revenue of USD 137.0 million in 2022 and is expected to reach USD 243.5 million by 2030.
- The South Korea market is expected to grow at a CAGR of 7.5% from 2023 to 2030.
- In terms of segment, reactive & others was the largest revenue generating technology in 2022.
- Water Based is the most lucrative technology segment registering the fastest growth during the forecast period.
Wood adhesives market data book summary
| Market revenue in 2022 | USD 137.0 million |
| Market revenue in 2030 | USD 243.5 million |
| Growth rate | 7.5% (CAGR from 2022 to 2030) |
| Largest segment | Reactive & others |
| Fastest growing segment | Water Based |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Water Based, Solvent Based, Reactive & Others |
| Key market players worldwide | DuPont de Nemours Inc, H.B. Fuller Co, Henkel AG & Co KGaA, Arkema SA, 3M Co, Sika AG, Ashland Inc, Akzo Nobel NV, Jubilant Industries, Pidilite Industries Limited, Franklin International |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.8% of the global wood adhesives market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China wood adhesives market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 243.5 million by 2030.
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Wood Adhesives Market Scope
Wood Adhesives Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Pidilite Industries Limited | View profile | 1001-5000 | Mumbai, Maharashtra, India, Asia | http://pidilite.com |
| Jubilant Industries | View profile | 11-50 | Noida, Uttar Pradesh, India, Asia | http://jubilantindustries.com |
| Franklin International | View profile | 251-500 | Columbus, Ohio, United States, North America | http://franklininternational.com |
| H.B. Fuller Co | View profile | 7200 | 1200 Willow Lake Boulevard, Saint Paul, MN, United States, 55110-5101 | https://www.hbfuller.com |
| Akzo Nobel NV | View profile | 35500 | Christian Neefestraat 2, Amsterdam, NH, Netherlands, 1077 WW | https://www.akzonobel.com |
| Ashland Inc | View profile | 3800 | 8145 Blazer Drive, Wilmington, DE, United States, 19808 | http://www.ashland.com |
| DuPont de Nemours Inc | View profile | 24000 | 974 Centre Road, Building 730, Wilmington, DE, United States, 19805 | https://www.dupont.com |
| Henkel AG & Co KGaA | View profile | 48000 | Henkelstrasse 67, Duesseldorf, NW, Germany, 40589 | https://www.henkel.com |
| Sika AG | View profile | 33547 | Zugerstrasse 50, Baar, Switzerland, 6340 | https://www.sika.com |
| Arkema SA | View profile | 11039 | 420 rue d’Estienne d’Orves, Colombes, France, 92700 | https://www.arkema.com |
| 3M Co | View profile | 85000 | 3M Center, St. Paul, MN, United States, 55144 | https://www.3m.com |
South Korea wood adhesives 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 wood adhesives market will help companies and investors design strategic landscapes.
Reactive & others was the largest segment with a revenue share of 38.03% in 2022. Horizon Databook has segmented the South Korea wood adhesives market based on water based, solvent based, reactive & others covering the revenue growth of each sub-segment from 2018 to 2030.
- South Korea Wood Adhesives Technology Outlook (Revenue, USD Million, 2018-2030)
- Water Based
- Solvent Based
- Hot Melt
- Reactive & Others
- South Korea Wood Adhesives Application Outlook (Revenue, USD Million, 2018-2030)
- Flexible Packaging
- Industrial
- Furniture
- Doors & Windows
- External medical application
- MCV & HCV
- Others
- Folding Cartons
- Case & Carton
- Labeling
- Residential
- Housing Components
- Internal medical application
- Passenger Cars
- Flooring & Plywood
- LCV
- Commercial
- Medical device & equipment
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Target buyers of South Korea wood adhesives market databook
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Our clientele includes a mix of wood adhesives 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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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea wood adhesives market , including forecasts for subscribers. This country databook contains high-level insights into South Korea wood adhesives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea wood adhesives market size, by application, 2018-2030 (US$M)
South Korea Wood Adhesives Market Outlook Share, 2022 & 2030 (US$M)
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