Key Insights
The South Korean adhesives market, valued at approximately $XX million in 2025, is projected to experience robust growth, exceeding a 3% CAGR through 2033. This expansion is fueled by several key drivers. The burgeoning automotive and construction sectors, crucial components of South Korea's economy, are significant consumers of adhesives. Increased demand for lightweight and high-performance materials in automotive manufacturing necessitates the use of advanced adhesive technologies, driving market growth. Similarly, the robust construction industry, involved in infrastructure projects and building developments, fuels demand for construction adhesives. Furthermore, the growing packaging industry, particularly in e-commerce and consumer goods, contributes substantially to market expansion, demanding various adhesive types for efficient and secure packaging solutions. The electronics and healthcare sectors also play a vital role, with increasing adoption of advanced adhesives in electronics assembly and medical device manufacturing. Technological advancements in adhesive formulations, including the development of eco-friendly water-based and UV-cured adhesives, further contribute to market expansion, addressing environmental concerns and improving application efficiency. While potential restraints such as raw material price fluctuations and stringent environmental regulations exist, the overall market outlook remains positive, driven by consistent economic growth and increasing industrial activity in South Korea.
South Korea Adhesives Industry Market Size (In Billion)
The South Korean adhesives market is segmented by end-user industry (Aerospace, Automotive, Building & Construction, Footwear & Leather, Healthcare, Packaging, Woodworking & Joinery, Others) and technology (Hot Melt, Reactive, Solvent-borne, UV Cured, Water-borne). Within these segments, the automotive and construction industries are expected to dominate, reflecting South Korea's industrial focus. The preference for specific adhesive types varies across segments; for instance, the automotive sector favors high-strength, durable adhesives like epoxy and polyurethane, while packaging might prioritize cost-effective hot melt adhesives. The competitive landscape is characterized by a mix of global giants like Henkel, 3M, and HB Fuller, and prominent local players such as Youngwoo CF and Burim Chemical. These companies are actively engaged in research and development to introduce innovative adhesive solutions, catering to the evolving needs of various industries. The market's future trajectory hinges on factors such as government policies promoting sustainable manufacturing, technological breakthroughs in adhesive chemistry, and the overall economic performance of South Korea. Growth is anticipated across all segments, although the rate may vary based on specific industry trends and adoption of new adhesive technologies.
South Korea Adhesives Industry Company Market Share
South Korea Adhesives Industry: Market Analysis & Forecast 2019-2033
This comprehensive report provides a detailed analysis of the South Korea adhesives industry, offering invaluable insights for industry professionals, investors, and strategic planners. With a study period spanning 2019-2033, a base year of 2025, and a forecast period of 2025-2033, this report offers a complete understanding of the current market landscape and future growth trajectories. The market size is valued at xx Million in 2025 and is projected to reach xx Million by 2033.
South Korea Adhesives Industry Market Structure & Innovation Trends
This section analyzes the competitive landscape of the South Korean adhesives market, including market concentration, innovation drivers, regulatory influences, and recent M&A activities. The market is characterized by a mix of multinational giants and domestic players. Key players like Henkel AG & Co KGaA, 3M, and H.B. Fuller Company compete with established South Korean companies such as YOUNGWOO CF CO LTD, BURIM CHEMICAL CO LTD, and OKONG Corp.
- Market Concentration: The market exhibits moderate concentration, with the top five players holding an estimated xx% market share in 2025.
- Innovation Drivers: Demand for high-performance adhesives in sectors like automotive and electronics drives innovation in areas such as UV-cured and reactive adhesives. Sustainability concerns are also pushing the development of eco-friendly adhesives.
- Regulatory Framework: South Korean regulations concerning VOC emissions and material safety influence product development and market entry strategies.
- Product Substitutes: The market faces competition from alternative fastening methods such as welding and mechanical fasteners.
- End-User Demographics: The expanding automotive and electronics sectors are major drivers of adhesives demand.
- M&A Activities: The past five years have witnessed xx Million in M&A activity, mostly involving smaller players consolidating within specific segments. Examples include [Insert specific examples if available, otherwise state "No significant public M&A activity was observed"].
South Korea Adhesives Industry Market Dynamics & Trends
The South Korean adhesives market is experiencing robust growth, driven by several key factors. The CAGR for the forecast period (2025-2033) is estimated at xx%. This growth is fueled by increasing demand from key end-user industries, technological advancements, and shifting consumer preferences. Growing construction activity, rising automotive production, and the expansion of the packaging industry are major contributors. The penetration of advanced adhesives in niche applications continues to expand, which is driving demand for specialized products and related services. Furthermore, the increasing adoption of sustainable and environmentally friendly adhesives adds to market dynamism. Competitive dynamics remain intense, with both domestic and international players vying for market share through innovation, pricing strategies, and strategic partnerships.
Dominant Regions & Segments in South Korea Adhesives Industry
The South Korean adhesives market shows strong regional variations in demand, with the Gyeonggi-do and Seoul regions dominating due to their high concentration of manufacturing industries. Within segments, the following are dominant:
- End-User Industries: Automotive and electronics are the largest segments, driven by high-volume production. The building and construction sector is also a significant user of adhesives. The packaging sector shows substantial growth.
- Technology: Hot melt adhesives dominate in high-volume applications, while reactive and UV-cured adhesives are gaining traction in specialized applications demanding superior performance and durability.
- Resin: Acrylic, epoxy, and polyurethane resins account for the largest share of the market.
Key Drivers:
- Strong economic growth: South Korea's robust economy provides a favorable environment for industrial growth.
- Government support for manufacturing: Policies aimed at boosting manufacturing capabilities benefit the adhesives industry.
- Infrastructure development: Investments in infrastructure projects increase demand for construction adhesives.
South Korea Adhesives Industry Product Innovations
Recent innovations in the South Korean adhesives market include the development of high-performance adhesives with enhanced properties such as increased strength, durability, and environmental friendliness. The introduction of solvent-free and zero-VOC adhesives addresses sustainability concerns. Advances in hot melt and UV-cured adhesives are expanding their applications in various industries, reflecting the industry's commitment to meeting diverse end-user demands.
Report Scope & Segmentation Analysis
This report segments the South Korea adhesives market across various end-user industries (Aerospace, Automotive, Building and Construction, Footwear and Leather, Healthcare, Packaging, Woodworking and Joinery, Other End-user Industries), adhesive technologies (Hot Melt, Reactive, Solvent-borne, UV Cured Adhesives, Water-borne), and resin types (Acrylic, Cyanoacrylate, Epoxy, Polyurethane, Silicone, VAE/EVA, Other Resins). Each segment is analyzed in detail, providing market size, growth projections, and competitive dynamics for the forecast period. The report provides a granular view of market opportunity for each segment based on several variables.
Key Drivers of South Korea Adhesives Industry Growth
Growth in the South Korea adhesives industry is propelled by several factors: rapid industrialization, rising construction activity, expanding automotive and electronics sectors, and increasing demand for sophisticated packaging solutions. The technological advancements resulting in more efficient and sustainable adhesives also play a crucial role, as does government support for technological innovation in manufacturing industries.
Challenges in the South Korea Adhesives Industry Sector
The South Korean adhesives industry faces challenges including intense competition from both domestic and international players, fluctuations in raw material prices, and increasing environmental regulations which necessitate the development and adoption of more sustainable products. Supply chain disruptions can also impact production and profitability.
Emerging Opportunities in South Korea Adhesives Industry
Emerging opportunities in the South Korea adhesives market include expanding demand from the renewable energy sector, growing use of adhesives in advanced electronics applications, and increasing focus on sustainable and eco-friendly adhesive solutions. These opportunities create a pathway for new product development and market expansion.
Leading Players in the South Korea Adhesives Industry Market
- Henkel AG & Co KGaA
- YOUNGWOO CF CO LTD
- BURIM CHEMICAL CO LTD
- OKONG Corp
- 3M
- H B Fuller Company
- Industrial Adhesives Company MCS
- SAMYOUNG INK&PAINT INDUSTRIAL CO LTD
- AVERY DENNISON CORPORATION
- Unitech Co Ltd
Key Developments in South Korea Adhesives Industry Industry
- October 2021: 3M launched a new generation of acrylic adhesives (3M Scotch-Weld Low Odor Acrylic Adhesive 8700NS Series, 3M Scotch-Weld Flexible Acrylic Adhesive 8600NS Series, and 3M Scotch-Weld Nylon Bonder Structural Adhesive DP8910NS), expanding its product portfolio and catering to diverse customer needs.
- September 2021: Henkel introduced a solvent-free and zero-VOC adhesive range for rubber lining, demonstrating its commitment to sustainable and environmentally friendly product development.
- July 2021: H.B. Fuller announced a strategic agreement with Covestro to offer sustainable adhesives, enhancing its product offering and competitiveness in the market.
Future Outlook for South Korea Adhesives Industry Market
The future of the South Korea adhesives market is promising, with continued growth driven by factors such as increasing industrial activity, technological innovation, and a focus on sustainability. Strategic partnerships and investments in research and development will be crucial for companies to maintain a competitive edge and capitalize on emerging opportunities. The market’s growth is expected to be underpinned by ongoing demand from key end-use sectors, such as automotive, electronics and construction.
South Korea Adhesives Industry Segmentation
-
1. End User Industry
- 1.1. Aerospace
- 1.2. Automotive
- 1.3. Building and Construction
- 1.4. Footwear and Leather
- 1.5. Healthcare
- 1.6. Packaging
- 1.7. Woodworking and Joinery
- 1.8. Other End-user Industries
-
2. Technology
- 2.1. Hot Melt
- 2.2. Reactive
- 2.3. Solvent-borne
- 2.4. UV Cured Adhesives
- 2.5. Water-borne
-
3. Resin
- 3.1. Acrylic
- 3.2. Cyanoacrylate
- 3.3. Epoxy
- 3.4. Polyurethane
- 3.5. Silicone
- 3.6. VAE/EVA
- 3.7. Other Resins
South Korea Adhesives Industry Segmentation By Geography
- 1. South Korea
South Korea Adhesives Industry Regional Market Share
Geographic Coverage of South Korea Adhesives Industry
South Korea Adhesives Industry REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 5.62% from 2020-2034 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. ; Growing Demand from Metal and Steel Industries; Other Drivers
- 3.3. Market Restrains
- 3.3.1. ; Environmental Constraints; Unfavorable Conditions Arising Due to COVID-19 Outbreak
- 3.4. Market Trends
- 3.4.1. OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. South Korea Adhesives Industry Analysis, Insights and Forecast, 2020-2032
- 5.1. Market Analysis, Insights and Forecast - by End User Industry
- 5.1.1. Aerospace
- 5.1.2. Automotive
- 5.1.3. Building and Construction
- 5.1.4. Footwear and Leather
- 5.1.5. Healthcare
- 5.1.6. Packaging
- 5.1.7. Woodworking and Joinery
- 5.1.8. Other End-user Industries
- 5.2. Market Analysis, Insights and Forecast - by Technology
- 5.2.1. Hot Melt
- 5.2.2. Reactive
- 5.2.3. Solvent-borne
- 5.2.4. UV Cured Adhesives
- 5.2.5. Water-borne
- 5.3. Market Analysis, Insights and Forecast - by Resin
- 5.3.1. Acrylic
- 5.3.2. Cyanoacrylate
- 5.3.3. Epoxy
- 5.3.4. Polyurethane
- 5.3.5. Silicone
- 5.3.6. VAE/EVA
- 5.3.7. Other Resins
- 5.4. Market Analysis, Insights and Forecast - by Region
- 5.4.1. South Korea
- 5.1. Market Analysis, Insights and Forecast - by End User Industry
- 6. Competitive Analysis
- 6.1. Market Share Analysis 2025
- 6.2. Company Profiles
- 6.2.1 Henkel AG & Co KGaA
- 6.2.1.1. Overview
- 6.2.1.2. Products
- 6.2.1.3. SWOT Analysis
- 6.2.1.4. Recent Developments
- 6.2.1.5. Financials (Based on Availability)
- 6.2.2 YOUNGWOO CF CO LTD
- 6.2.2.1. Overview
- 6.2.2.2. Products
- 6.2.2.3. SWOT Analysis
- 6.2.2.4. Recent Developments
- 6.2.2.5. Financials (Based on Availability)
- 6.2.3 BURIM CHEMICAL CO LTD
- 6.2.3.1. Overview
- 6.2.3.2. Products
- 6.2.3.3. SWOT Analysis
- 6.2.3.4. Recent Developments
- 6.2.3.5. Financials (Based on Availability)
- 6.2.4 OKONG Corp
- 6.2.4.1. Overview
- 6.2.4.2. Products
- 6.2.4.3. SWOT Analysis
- 6.2.4.4. Recent Developments
- 6.2.4.5. Financials (Based on Availability)
- 6.2.5 3M
- 6.2.5.1. Overview
- 6.2.5.2. Products
- 6.2.5.3. SWOT Analysis
- 6.2.5.4. Recent Developments
- 6.2.5.5. Financials (Based on Availability)
- 6.2.6 H B Fuller Company
- 6.2.6.1. Overview
- 6.2.6.2. Products
- 6.2.6.3. SWOT Analysis
- 6.2.6.4. Recent Developments
- 6.2.6.5. Financials (Based on Availability)
- 6.2.7 Industrial Adhesives Company MCS
- 6.2.7.1. Overview
- 6.2.7.2. Products
- 6.2.7.3. SWOT Analysis
- 6.2.7.4. Recent Developments
- 6.2.7.5. Financials (Based on Availability)
- 6.2.8 SAMYOUNG INK&PAINT INDUSTRIAL CO LTD
- 6.2.8.1. Overview
- 6.2.8.2. Products
- 6.2.8.3. SWOT Analysis
- 6.2.8.4. Recent Developments
- 6.2.8.5. Financials (Based on Availability)
- 6.2.9 AVERY DENNISON CORPORATION
- 6.2.9.1. Overview
- 6.2.9.2. Products
- 6.2.9.3. SWOT Analysis
- 6.2.9.4. Recent Developments
- 6.2.9.5. Financials (Based on Availability)
- 6.2.10 Unitech Co Ltd
- 6.2.10.1. Overview
- 6.2.10.2. Products
- 6.2.10.3. SWOT Analysis
- 6.2.10.4. Recent Developments
- 6.2.10.5. Financials (Based on Availability)
- 6.2.1 Henkel AG & Co KGaA
List of Figures
- Figure 1: South Korea Adhesives Industry Revenue Breakdown (undefined, %) by Product 2025 & 2033
- Figure 2: South Korea Adhesives Industry Share (%) by Company 2025
List of Tables
- Table 1: South Korea Adhesives Industry Revenue undefined Forecast, by End User Industry 2020 & 2033
- Table 2: South Korea Adhesives Industry Revenue undefined Forecast, by Technology 2020 & 2033
- Table 3: South Korea Adhesives Industry Revenue undefined Forecast, by Resin 2020 & 2033
- Table 4: South Korea Adhesives Industry Revenue undefined Forecast, by Region 2020 & 2033
- Table 5: South Korea Adhesives Industry Revenue undefined Forecast, by End User Industry 2020 & 2033
- Table 6: South Korea Adhesives Industry Revenue undefined Forecast, by Technology 2020 & 2033
- Table 7: South Korea Adhesives Industry Revenue undefined Forecast, by Resin 2020 & 2033
- Table 8: South Korea Adhesives Industry Revenue undefined Forecast, by Country 2020 & 2033
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the South Korea Adhesives Industry?
The projected CAGR is approximately 5.62%.
2. Which companies are prominent players in the South Korea Adhesives Industry?
Key companies in the market include Henkel AG & Co KGaA, YOUNGWOO CF CO LTD, BURIM CHEMICAL CO LTD, OKONG Corp, 3M, H B Fuller Company, Industrial Adhesives Company MCS, SAMYOUNG INK&PAINT INDUSTRIAL CO LTD, AVERY DENNISON CORPORATION, Unitech Co Ltd.
3. What are the main segments of the South Korea Adhesives Industry?
The market segments include End User Industry, Technology, Resin.
4. Can you provide details about the market size?
The market size is estimated to be USD XXX N/A as of 2022.
5. What are some drivers contributing to market growth?
; Growing Demand from Metal and Steel Industries; Other Drivers.
6. What are the notable trends driving market growth?
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.
7. Are there any restraints impacting market growth?
; Environmental Constraints; Unfavorable Conditions Arising Due to COVID-19 Outbreak.
8. Can you provide examples of recent developments in the market?
October 2021: 3M introduced a new generation of acrylic adhesives, including 3M Scotch-Weld Low Odor Acrylic Adhesive 8700NS Series, 3M Scotch-Weld Flexible Acrylic Adhesive 8600NS Series, and 3M Scotch-Weld Nylon Bonder Structural Adhesive DP8910NS.September 2021: Henkel launched its newly developed solvent-free and zero-VOC adhesive range for rubber lining.July 2021: H.B. Fuller announced a strategic agreement with Covestro to offer sustainable adhesives in the market.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in N/A.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "South Korea Adhesives Industry," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the South Korea Adhesives Industry report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the South Korea Adhesives Industry?
To stay informed about further developments, trends, and reports in the South Korea Adhesives Industry, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence