South Korea Sealants Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2028

The South Korea Sealants Market is segmented by End User Industry (Aerospace, Automotive, Building and Construction, Healthcare) and by Resin (Acrylic, Epoxy, Polyurethane, Silicone). Market Value in USD and Volume in tons are both presented. Key Data Points observed include the volume of automobile production, plastic and paper and paperboard packaging production, new construction floor area, aircraft production and deliveries.

South Korea Sealants Market Size

South Korea Sealants Market Summary
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South Korea Sealants Market Analysis

The South Korea Sealants Market size is estimated at 244.93 million USD in 2024, and is expected to reach 295.71 million USD by 2028, growing at a CAGR of 4.82% during the forecast period (2024-2028).

The South Korean sealants market is significantly influenced by the country's robust electronics and electrical equipment sector, which represents a cornerstone of the national economy. Electronics exports constitute 35.3% of South Korea's total exports, highlighting the sector's dominance in the industrial landscape. The extensive use of electronic sealants in electrical equipment for applications such as potting, protecting components, and sealing sensors and cables has created a substantial demand base. The government's focus on digital transformation and smart manufacturing initiatives has further accelerated the adoption of advanced sealing solutions in electronic manufacturing processes.


The construction sector emerges as another crucial demand driver, with construction orders reaching USD 245.9 billion, demonstrating the industry's robust growth trajectory. The government's ambitious infrastructure development plan, which includes a USD 27 billion investment for upgrading aging infrastructure such as roads, bridges, and tunnels over the next four years, is expected to create substantial opportunities for construction sealants manufacturers. Additionally, the administration's commitment to addressing housing shortages through the construction of 830,000 new houses across the country, with a particular focus on Seoul and Gyeonggi Province, is stimulating demand for construction sealants.


The automotive industry in South Korea is undergoing a significant transformation toward electrification, creating new opportunities for specialized automotive sealants applications. The electric vehicle segment has shown remarkable growth, with production expected to reach 178,000 units by 2026, driving demand for high-performance automotive sealants that can meet the specific requirements of EV manufacturing. The industry's focus on lightweight materials and new assembly techniques has led to increased adoption of advanced sealants solutions that can bond dissimilar materials while maintaining structural integrity.


The healthcare and medical devices sector represents an emerging growth avenue for the sealants market, with the medical technology industry projected to grow at a CAGR of 4.43% during the forecast period. The increasing adoption of artificial intelligence in healthcare, growing demand for wearable devices, and rising number of robotic surgeries are creating new applications for specialized medical sealants. The South Korean Ministry of Food and Drug Safety's policy mandating five-year medical device authorization renewals is expected to drive continuous innovation in medical sealant technologies, particularly in applications requiring biocompatibility and sterile environments.

Segment Analysis: End User Industry

Building & Construction Segment in South Korea Sealants Market

The building and construction segment holds a dominant position in the South Korean construction sealants market, accounting for approximately 34% of the total market volume in 2024. This significant market share is primarily driven by the extensive application of construction sealants in various construction activities, including joint sealing, weatherproofing, glazing, and façade applications. The segment's strong performance is supported by the South Korean government's initiatives to build 830,000 houses across the country, with 323,000 new houses planned in Seoul and 293,000 in nearby Gyeonggi Province and Incheon. Additionally, the implementation of digital transformation policies such as the "Smart Construction Technology Roadmap" is expected to increase new constructions and buildings in the country, further solidifying the segment's market leadership.

Market Analysis of South Korea Sealants Market: Chart for End User Industry

Aerospace Segment in South Korea Sealants Market

The aerospace segment is projected to exhibit the fastest growth in the South Korean aerospace sealants market, with an estimated growth rate of approximately 6% during 2024-2029. This robust growth is attributed to the expanding aircraft manufacturing and MRO capabilities in the country, with major players like Korea Aerospace Industries (KAI) and Korean Air actively engaged in the manufacturing and assembly of aerospace components for global giants like Airbus and Boeing. The segment's growth is further bolstered by the increasing recognition of South Korean aircraft by international markets, exemplified by the Royal Malaysia Air Force's preference for South Korean aircraft. The demand for specialized aerospace sealants in this segment is driven by their critical applications in instrumental seals, electrical equipment in cockpits, engine gaskets, gas turbine seals, molded seals, tails, wings, and hydraulic seals.

Remaining Segments in End User Industry

The automotive and healthcare segments also play crucial roles in shaping the South Korean sealants market. The automotive sealants sector utilizes sealants extensively in vehicle production, particularly in electric vehicle manufacturing, aligning with the country's goal to electrify 33% of all vehicles by 2030. The healthcare segment demonstrates steady growth, driven by increasing applications in medical device manufacturing, surgical procedures, and dental applications. The segment's growth is supported by the rising adoption of artificial intelligence in healthcare, a growing geriatric population, and increasing robotic surgeries. Both segments benefit from continuous technological advancements and stringent quality requirements, contributing to the overall market development.

Segment Analysis: Resin

Silicone Segment in South Korea Sealants Market

Silicone sealants dominate the South Korean sealants market, accounting for approximately 48% of the total market value in 2024. The segment's prominence can be attributed to its versatile applications across multiple industries, particularly in the construction and automotive sectors. Silicone sealants are preferred due to their excellent UV resistance, broad operating temperature range from -65°C to 300°C, and fast curing time of up to 24 hours. These sealants demonstrate superior performance in both indoor and outdoor applications, making them ideal for structural sealants, weather sealing, and various industrial applications. The segment's strong market position is further reinforced by increasing demand from the electronics industry and growing adoption in aerospace applications.

Silicone Segment in South Korea Sealants Market

The silicone sealants segment is projected to maintain its market leadership while also demonstrating the strongest growth trajectory among all resin types through 2024-2029, with an expected growth rate of approximately 6% annually. This robust growth is driven by increasing adoption in high-performance applications, particularly in the construction and automotive sectors. The segment's expansion is supported by ongoing technological advancements in silicone formulations, leading to enhanced product performance and durability. The growth is further accelerated by the rising demand for energy-efficient building solutions and the expanding electronics manufacturing sector in South Korea, where silicone sealants are essential for various sealing and bonding applications.

Remaining Segments in Resin

The South Korean sealants market features several other significant resin segments, including polyurethane sealants, acrylic sealants, and epoxy sealants. Polyurethane sealants have established a strong presence in construction and automotive applications due to their excellent adhesion and flexibility properties. Acrylic sealants are widely used in general construction and DIY applications, offering good paintability and weather resistance. Epoxy sealants, while representing a smaller share, play a crucial role in specialized industrial applications where high strength and chemical resistance are required. Each of these segments contributes uniquely to the market, serving specific application needs and maintaining their respective market positions through continuous product innovation and development.

South Korea Sealants Industry Overview

Top Companies in South Korea Sealants Market

The South Korean sealants market is led by established manufacturers like KCC Silicone Corporation, TOPSEAL, GSMOA, OKONG Corp., and Sika AG, who have built strong distribution networks across the country. These companies are increasingly focusing on product innovation, particularly in developing eco-friendly and low-VOC sealants to meet growing environmental regulations and customer preferences. Operational agility is demonstrated through investments in advanced manufacturing facilities and R&D centers to improve production capabilities and develop customized solutions. Strategic moves in the market include partnerships with global players to enhance technological capabilities and expand product portfolios. Companies are also expanding their presence through acquisitions and new manufacturing facilities, while strengthening their distribution channels to better serve various end-user industries like construction, automotive, and electronics.

Domestic Players Dominate Consolidated Market Structure

The South Korean sealants market exhibits a consolidated structure dominated by domestic manufacturers who have established strong footholds through decades of operation and a deep understanding of local market dynamics. These local players, particularly KCC Silicone Corporation and TOPSEAL, have developed extensive distribution networks and maintain close relationships with key end-user industries. Global conglomerates like Henkel, Dow, and 3M maintain their presence through subsidiaries and strategic partnerships with local players, though their market share remains relatively smaller compared to domestic leaders. The market's consolidated nature is further reinforced by high entry barriers, including established customer relationships, technical expertise, and regulatory compliance requirements.


The market has witnessed strategic mergers and acquisitions aimed at strengthening market positions and expanding technological capabilities. Notable examples include Soudal's acquisition of Dong Yang Silicone and KCC Corporation's strategic divestment to Momentive Performance Materials. These M&A activities reflect the industry's focus on consolidating technical expertise and market reach while adapting to changing market dynamics. The presence of both specialized sealant manufacturers and diversified chemical companies creates a competitive environment where success depends on balancing product specialization with broad market coverage.

Innovation and Sustainability Drive Future Growth

For incumbent companies to maintain and increase their market share, focusing on technological innovation and sustainable product development has become crucial. Market leaders are investing heavily in research and development to create advanced sealant solutions that meet evolving industry requirements, particularly in high-growth sectors like electronics and electric vehicles. Building strong relationships with key end-user industries through customized solutions and technical support services has become essential for maintaining a competitive advantage. Companies are also expanding their distribution networks and improving their supply chain efficiency to ensure better market coverage and customer service.


For contenders looking to gain ground in the market, developing specialized products for specific applications and focusing on underserved market segments presents significant opportunities. Success factors include establishing strong technical capabilities, building reliable distribution networks, and offering competitive pricing without compromising quality. The market's high concentration in sectors like construction and automotive necessitates a strategic focus on emerging applications and new end-user industries. While substitution risk from alternative bonding technologies exists, regulatory support for environmentally friendly products and increasing quality standards in end-user industries create opportunities for differentiation through innovative, sustainable solutions such as adhesive sealants and polymer sealants.

South Korea Sealants Market Leaders

  1. GSMOA

  2. KCC SILICONE CORPORATION

  3. OKONG Corp.

  4. Sika AG

  5. TOPSEAL

  6. *Disclaimer: Major Players sorted in no particular order
South Korea Sealants Market Concentration
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South Korea Sealants Market News

  • January 2021: KCC Corporation divested its silicone business to its American subsidiary, Momentive Performance Materials. The divestment aims for Momentive to have a balanced portfolio and responsible management.
  • April 2019: Dow completed the separation of its Material Science division through a spin-off of Dow Inc.

Free With This Report

We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 24+ free charts, the section covers rare data on various end-user production trends including automobile production, newly built construction floor area, packaging production, aircraft deliveries, footwear production, and regional data on adhesives and sealants demand, etc.

South Korea Sealants Market
South Korea Sealants Market
South Korea Sealants Market
South Korea Sealants Market

South Korea Sealants Market Report - Table of Contents

1. EXECUTIVE SUMMARY & KEY FINDINGS

2. REPORT OFFERS

3. INTRODUCTION

  • 3.1 Study Assumptions & Market Definition
  • 3.2 Scope of the Study​
  • 3.3 Research Methodology

4. KEY INDUSTRY TRENDS

  • 4.1 End User Trends
    • 4.1.1 Aerospace
    • 4.1.2 Automotive
    • 4.1.3 Building and Construction
  • 4.2 Regulatory Framework
    • 4.2.1 South Korea
  • 4.3 Value Chain & Distribution Channel Analysis

5. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2028 and analysis of growth prospects)

  • 5.1 End User Industry
    • 5.1.1 Aerospace
    • 5.1.2 Automotive
    • 5.1.3 Building and Construction
    • 5.1.4 Healthcare
    • 5.1.5 Other End-user Industries
  • 5.2 Resin
    • 5.2.1 Acrylic
    • 5.2.2 Epoxy
    • 5.2.3 Polyurethane
    • 5.2.4 Silicone
    • 5.2.5 Other Resins

6. COMPETITIVE LANDSCAPE

  • 6.1 Key Strategic Moves
  • 6.2 Market Share Analysis
  • 6.3 Company Landscape
  • 6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).
    • 6.4.1 3M
    • 6.4.2 Dow
    • 6.4.3 GSMOA
    • 6.4.4 Henkel AG & Co. KGaA
    • 6.4.5 KCC SILICONE CORPORATION
    • 6.4.6 OKONG Corp.
    • 6.4.7 Shin-Etsu Chemical Co., Ltd.
    • 6.4.8 Sika AG
    • 6.4.9 Soudal Holding N.V.
    • 6.4.10 TOPSEAL

7. KEY STRATEGIC QUESTIONS FOR ADHESIVES AND SEALANTS CEOS

8. APPENDIX

  • 8.1 Global Adhesives and Sealants Industry Overview
    • 8.1.1 Overview
    • 8.1.2 Porter’s Five Forces Framework (Industry Attractiveness Analysis)
    • 8.1.3 Global Value Chain Analysis
    • 8.1.4 Drivers, Restraints, and Opportunities
  • 8.2 Sources & References
  • 8.3 List of Tables & Figures
  • 8.4 Primary Insights
  • 8.5 Data Pack
  • 8.6 Glossary of Terms
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List of Tables & Figures

  1. Figure 1:  
  2. VOLUME OF AIRCRAFTS DELIVERED, UNITS, SOUTH KOREA, 2017-2028
  1. Figure 2:  
  2. PRODUCTION VOLUME OF AUTOMOBILES, UNITS, SOUTH KOREA, 2017-2028
  1. Figure 3:  
  2. FLOOR AREA OF NEW CONSTRUCTION, SQUARE FEET, SOUTH KOREA, 2017-2028
  1. Figure 4:  
  2. VOLUME OF SEALANTS CONSUMED, KILOGRAM, SOUTH KOREA, 2017 - 2028
  1. Figure 5:  
  2. VALUE OF SEALANTS CONSUMED, USD, SOUTH KOREA, 2017 - 2028
  1. Figure 6:  
  2. VOLUME OF SEALANTS CONSUMED BY END USER INDUSTRY, KILOGRAM, SOUTH KOREA, 2017 - 2028
  1. Figure 7:  
  2. VALUE OF SEALANTS CONSUMED BY END USER INDUSTRY, USD, SOUTH KOREA, 2017 - 2028
  1. Figure 8:  
  2. VOLUME SHARE OF SEALANTS CONSUMED BY END USER INDUSTRY, %, SOUTH KOREA, 2016 VS 2022 VS 2028
  1. Figure 9:  
  2. VALUE SHARE OF SEALANTS CONSUMED BY END USER INDUSTRY, %, SOUTH KOREA, 2016 VS 2022 VS 2028
  1. Figure 10:  
  2. VOLUME OF SEALANTS CONSUMED IN AEROSPACE INDUSTRY, KILOGRAM, SOUTH KOREA, 2017 - 2028
  1. Figure 11:  
  2. VALUE OF SEALANTS CONSUMED IN AEROSPACE INDUSTRY, USD, SOUTH KOREA, 2017 - 2028
  1. Figure 12:  
  2. VALUE SHARE OF SEALANTS CONSUMED IN AEROSPACE INDUSTRY BY RESIN, %, SOUTH KOREA, 2021 VS 2028
  1. Figure 13:  
  2. VOLUME OF SEALANTS CONSUMED IN AUTOMOTIVE INDUSTRY, KILOGRAM, SOUTH KOREA, 2017 - 2028
  1. Figure 14:  
  2. VALUE OF SEALANTS CONSUMED IN AUTOMOTIVE INDUSTRY, USD, SOUTH KOREA, 2017 - 2028
  1. Figure 15:  
  2. VALUE SHARE OF SEALANTS CONSUMED IN AUTOMOTIVE INDUSTRY BY RESIN, %, SOUTH KOREA, 2021 VS 2028
  1. Figure 16:  
  2. VOLUME OF SEALANTS CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, KILOGRAM, SOUTH KOREA, 2017 - 2028
  1. Figure 17:  
  2. VALUE OF SEALANTS CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, USD, SOUTH KOREA, 2017 - 2028
  1. Figure 18:  
  2. VALUE SHARE OF SEALANTS CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY BY RESIN, %, SOUTH KOREA, 2021 VS 2028
  1. Figure 19:  
  2. VOLUME OF SEALANTS CONSUMED IN HEALTHCARE INDUSTRY, KILOGRAM, SOUTH KOREA, 2017 - 2028
  1. Figure 20:  
  2. VALUE OF SEALANTS CONSUMED IN HEALTHCARE INDUSTRY, USD, SOUTH KOREA, 2017 - 2028
  1. Figure 21:  
  2. VALUE SHARE OF SEALANTS CONSUMED IN HEALTHCARE INDUSTRY BY RESIN, %, SOUTH KOREA, 2021 VS 2028
  1. Figure 22:  
  2. VOLUME OF SEALANTS CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, KILOGRAM, SOUTH KOREA, 2017 - 2028
  1. Figure 23:  
  2. VALUE OF SEALANTS CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, USD, SOUTH KOREA, 2017 - 2028
  1. Figure 24:  
  2. VALUE SHARE OF SEALANTS CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY BY RESIN, %, SOUTH KOREA, 2021 VS 2028
  1. Figure 25:  
  2. VOLUME OF SEALANTS CONSUMED BY RESIN, KILOGRAM, SOUTH KOREA, 2017 - 2028
  1. Figure 26:  
  2. VALUE OF SEALANTS CONSUMED BY RESIN, USD, SOUTH KOREA, 2017 - 2028
  1. Figure 27:  
  2. VOLUME SHARE OF SEALANTS CONSUMED BY RESIN, %, SOUTH KOREA, 2016 VS 2022 VS 2028
  1. Figure 28:  
  2. VALUE SHARE OF SEALANTS CONSUMED BY RESIN, %, SOUTH KOREA, 2016 VS 2022 VS 2028
  1. Figure 29:  
  2. VOLUME OF ACRYLIC SEALANTS CONSUMED, KILOGRAM, SOUTH KOREA, 2017 - 2028
  1. Figure 30:  
  2. VALUE OF ACRYLIC SEALANTS CONSUMED, USD, SOUTH KOREA, 2017 - 2028
  1. Figure 31:  
  2. VALUE SHARE OF ACRYLIC SEALANTS CONSUMED BY END USER INDUSTRY, %, SOUTH KOREA, 2021 VS 2028
  1. Figure 32:  
  2. VOLUME OF EPOXY SEALANTS CONSUMED, KILOGRAM, SOUTH KOREA, 2017 - 2028
  1. Figure 33:  
  2. VALUE OF EPOXY SEALANTS CONSUMED, USD, SOUTH KOREA, 2017 - 2028
  1. Figure 34:  
  2. VALUE SHARE OF EPOXY SEALANTS CONSUMED BY END USER INDUSTRY, %, SOUTH KOREA, 2021 VS 2028
  1. Figure 35:  
  2. VOLUME OF POLYURETHANE SEALANTS CONSUMED, KILOGRAM, SOUTH KOREA, 2017 - 2028
  1. Figure 36:  
  2. VALUE OF POLYURETHANE SEALANTS CONSUMED, USD, SOUTH KOREA, 2017 - 2028
  1. Figure 37:  
  2. VALUE SHARE OF POLYURETHANE SEALANTS CONSUMED BY END USER INDUSTRY, %, SOUTH KOREA, 2021 VS 2028
  1. Figure 38:  
  2. VOLUME OF SILICONE SEALANTS CONSUMED, KILOGRAM, SOUTH KOREA, 2017 - 2028
  1. Figure 39:  
  2. VALUE OF SILICONE SEALANTS CONSUMED, USD, SOUTH KOREA, 2017 - 2028
  1. Figure 40:  
  2. VALUE SHARE OF SILICONE SEALANTS CONSUMED BY END USER INDUSTRY, %, SOUTH KOREA, 2021 VS 2028
  1. Figure 41:  
  2. VOLUME OF OTHER RESINS SEALANTS CONSUMED, KILOGRAM, SOUTH KOREA, 2017 - 2028
  1. Figure 42:  
  2. VALUE OF OTHER RESINS SEALANTS CONSUMED, USD, SOUTH KOREA, 2017 - 2028
  1. Figure 43:  
  2. VALUE SHARE OF OTHER RESINS SEALANTS CONSUMED BY END USER INDUSTRY, %, SOUTH KOREA, 2021 VS 2028
  1. Figure 44:  
  2. MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, SOUTH KOREA, 2019 - 2021
  1. Figure 45:  
  2. MOST ADOPTED STRATEGIES, COUNT, SOUTH KOREA, 2019 - 2021
  1. Figure 46:  
  2. REVENUE SHARE OF SEALANTS BY MAJOR PLAYERS, %, SOUTH KOREA, 2021

South Korea Sealants Industry Segmentation

Aerospace, Automotive, Building and Construction, Healthcare are covered as segments by End User Industry. Acrylic, Epoxy, Polyurethane, Silicone are covered as segments by Resin.
End User Industry Aerospace
Automotive
Building and Construction
Healthcare
Other End-user Industries
Resin Acrylic
Epoxy
Polyurethane
Silicone
Other Resins
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Market Definition

  • End-user Industry - Building & Construction, Automotive, Aerospace, Healthcare, and Others are the end-user industries considered under the sealants market.
  • Product - All sealant products are considered in the market studied
  • Resin - Under the scope of the study, resins like Polyurethane, Epoxy, Acrylic, Silicone, and Others are considered
  • Technology - For the purpose of this study, One component and Two component sealant technologies are taken into consideration.
Keyword Definition
Hot-melt Adhesive Hot melt adhesives are generally 100% solid formulations, based on thermoplastic polymers. They are solid at room temperature and are activated upon heating above their softening point, at which stage they are liquid, and hence, can be processed.
Reactive Adhesive A reactive adhesive is made up of monomers that react in the adhesive curing process and do not evaporate from the film during use. Instead, these volatile components become chemically incorporated into the adhesive.
Solvent-borne Adhesive Solvent-borne adhesives are mixtures of solvents and thermoplastic, or slightly cross-linked polymers, such as polychloroprene, polyurethane, acrylic, silicone, and natural and synthetic rubbers (elastomers).
Water-borne Adhesive Water-borne adhesives use water as a carrier or diluting medium to disperse a resin. They are set by allowing the water to evaporate or be absorbed by the substrate. These adhesives are compounded with water as a diluent, rather than a volatile organic solvent.
UV Cured Adhesive UV curing adhesives induce curing and create a permanent bond without heating by using ultraviolet (UV) light or other radiation sources. An aggregation of monomers and oligomers is cured or polymerized by ultraviolet (UV) or visible light in a UV adhesive. Because UV is a radiating energy source, UV adhesives are often referred to as radiation curing or rad-cure adhesives.
Heat-resistant Adhesive Heat-resistant Adhesives refer to those that do not break down under high temperatures. One aspect of a complicated system of circumstances is the adhesive's capacity to withstand disintegration brought on by high temperatures. As the temperature rises, adhesives may liquefy. They can withstand stresses resulting from differing coefficients of expansion and contraction, which might be an additional advantage.
Reshoring Reshoring is the practice of moving commodity production and manufacturing back to the nation where the business was founded. Onshoring, inshoring, and back shoring are further terms used. Offshoring, the practice of producing items abroad to lower labor and manufacturing costs, is the opposite of this.
Oleochemicals Oleochemicals are compounds produced from biological oils or fats. They resemble petrochemicals, which are substances made from petroleum. The oleochemical business is built on the hydrolysis of oils or fats.
Nonporous Materials Nonporous materials are substances that do not permit the passage of liquid or air. Nonporous materials are those that are not porous, such as glass, plastic, metal, and varnished wood. Since no air can get through, less airflow is required to raise these materials, negating the requirement for high airflow.
EU-Vietnam Free Trade Agreement A trade agreement and an investment protection agreement were concluded between the European Union and Vietnam on June 30, 2019.
VOC content Compounds with limited solubility in water and high vapor pressure are known as Volatile Organic Compounds (VOCs). Many VOCs are human-made chemicals that are used and produced in the manufacture of paints, pharmaceuticals, and refrigerants.
Emulsion Polymerization Emulsion polymerization is a method of producing polymers or connected groups of smaller chemical chains known as monomers, in a water solution. The method is often used to make water-based paints, adhesives, and varnishes, in which the water stays with the polymer and is marketed as a liquid product.
2025 National Packaging Targets In 2018, the Australian Environment Ministry set the following 2025 National Packaging Targets: 100% of the packaging must be reusable, recyclable, or compostable by 2025, 70% of plastic packaging must be recycled or composted by 2025, 50% of average recycled content must be included in packaging by 2025, and problematic and unnecessary single-use plastic packaging must be phased out by 2025.
Russian Government’s Import Substitution Policy The Western sanctions suspended the distribution of several high-tech items to Russia, including those required by the raw material export sectors and the military-industrial complex. In response, the government launched an "import substitution" scheme, appointing a special commission to oversee its implementation in early 2015.
Paper Substrate Paper substrates are paper sheets, reels, or boards with a base weight of up to 400 g/m2 that has not been converted, printed or otherwise altered.
Insulation Material A material that inhibits or blocks heat, sound, or electrical transmission is known as Insulation Material. The variety of insulation materials includes thick fibers like fiberglass, rock and slag wool, cellulose, and natural fibers as well as stiff foam boards and sleek foils.
Thermal Shock A temperature change known as thermal shock generates stress in a material. It commonly results in material breakdown and is especially prevalent in brittle materials like ceramics. When there is a quick temperature change, either from hot to cold or vice versa, this process occurs abruptly. It occurs more frequently in materials with poor heat conductivity and insufficient structural integrity.
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Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
  • Step-2: Build a Market Model: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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South Korea Sealants Market Research FAQs

How big is the South Korea Sealants Market?

The South Korea Sealants Market size is expected to reach USD 244.93 million in 2024 and grow at a CAGR of 4.82% to reach USD 295.71 million by 2028.

What is the current South Korea Sealants Market size?

In 2024, the South Korea Sealants Market size is expected to reach USD 244.93 million.

Who are the key players in South Korea Sealants Market?

GSMOA, KCC SILICONE CORPORATION, OKONG Corp., Sika AG and TOPSEAL are the major companies operating in the South Korea Sealants Market.

Which segment has the biggest share in the South Korea Sealants Market?

In the South Korea Sealants Market, the Building and Construction segment accounts for the largest share by end user industry.

Which is the fastest growing segment in the South Korea Sealants Market?

In 2024, the Aerospace segment accounts for the fastest growing by end user industry in the South Korea Sealants Market.

What years does this South Korea Sealants Market cover, and what was the market size in 2023?

In 2023, the South Korea Sealants Market size was estimated at 244.93 million. The report covers the South Korea Sealants Market historical market size for years: 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South Korea Sealants Market size for years: 2024, 2025, 2026, 2027 and 2028.

South Korea Sealants Market Research

Mordor Intelligence provides a comprehensive analysis of the South Korea sealants market, utilizing our extensive expertise in industrial research. Our detailed report covers the full range of sealing compounds and materials for sealing. This includes silicone sealants, acrylic sealants, epoxy sealants, and polyurethane sealants. The analysis spans various applications, such as industrial sealants, construction sealants, and structural sealants. We pay particular attention to waterproofing sealants and adhesive sealants technologies.

The report PDF, available for download, provides stakeholders with actionable insights into automotive sealants, marine sealants, and aerospace sealants applications. Our research thoroughly examines developments in polymer sealants, hybrid sealants, and elastomeric sealants. It also covers specialized applications in electronic sealants, medical sealants, and packaging sealants. The analysis offers valuable perspectives on building sealants and specialty sealants. This enables businesses to make informed decisions based on comprehensive market intelligence and future growth opportunities.

Compare market size and growth of South Korea Sealants Market with other markets in Chemicals & Materials Industry

South Korea Sealants Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2028