Product Code: ETC065922 | Publication Date: Aug 2021 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
South Korea Acrylic Resins market currently, in 2023, has witnessed an HHI of 2113, Which has increased slightly as compared to the HHI of 1644 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Acrylic Resins market is vital for the production of paints, coatings, adhesives, and sealants, serving industries like automotive, construction, and electronics with high-performance materials.
The South Korean acrylic resins market is expanding due to rising demand from the construction and automotive sectors. Acrylic resins are preferred for their durability, weather resistance, and versatility in coatings, adhesives, and sealants applications. Urbanization, infrastructure development, and automotive production drive the market`s growth.
In the South Korea Acrylic Resins Market, challenges include environmental concerns and competition from alternative materials. The production of acrylic resins involves chemical processes that can have environmental impacts, leading to stricter regulatory scrutiny. Additionally, the market faces competition from other materials such as polyesters and polyurethanes, which can offer similar properties at competitive prices.
The South Korean government regulates the production and use of acrylic resins under environmental and safety regulations, ensuring compliance with standards for chemical emissions, waste disposal, and workplace safety. Policies promote sustainable manufacturing practices and encourage investment in eco-friendly technologies to reduce environmental impact. Additionally, government initiatives support research and development in acrylic resin applications across automotive, construction, and consumer goods industries.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 South Korea Acrylic Resins Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Acrylic Resins Market Revenues & Volume, 2020 & 2027F |
3.3 South Korea Acrylic Resins Market - Industry Life Cycle |
3.4 South Korea Acrylic Resins Market - Porter's Five Forces |
3.5 South Korea Acrylic Resins Market Revenues & Volume Share, By Type, 2020 & 2027F |
3.6 South Korea Acrylic Resins Market Revenues & Volume Share, By Property, 2020 & 2027F |
3.7 South Korea Acrylic Resins Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 South Korea Acrylic Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for eco-friendly and sustainable products in South Korea |
4.2.2 Increasing use of acrylic resins in construction and automotive industries |
4.2.3 Favorable government regulations promoting the use of acrylic resins in various applications |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Competition from alternative materials such as polyurethane and epoxy resins |
4.3.3 Economic uncertainties affecting overall market demand |
5 South Korea Acrylic Resins Market Trends |
6 South Korea Acrylic Resins Market, By Types |
6.1 South Korea Acrylic Resins Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 South Korea Acrylic Resins Market Revenues & Volume, By Type, 2018 - 2027F |
6.1.3 South Korea Acrylic Resins Market Revenues & Volume, By Methacrylates, 2018 - 2027F |
6.1.4 South Korea Acrylic Resins Market Revenues & Volume, By Acrylates, 2018 - 2027F |
6.1.5 South Korea Acrylic Resins Market Revenues & Volume, By Hybrids, 2018 - 2027F |
6.2 South Korea Acrylic Resins Market, By Property |
6.2.1 Overview and Analysis |
6.2.2 South Korea Acrylic Resins Market Revenues & Volume, By Thermoplastic, 2018 - 2027F |
6.2.3 South Korea Acrylic Resins Market Revenues & Volume, By Thermosetting, 2018 - 2027F |
6.3 South Korea Acrylic Resins Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 South Korea Acrylic Resins Market Revenues & Volume, By Paints & Coatings, 2018 - 2027F |
6.3.3 South Korea Acrylic Resins Market Revenues & Volume, By Construction, 2018 - 2027F |
6.3.4 South Korea Acrylic Resins Market Revenues & Volume, By Medical, 2018 - 2027F |
6.3.5 South Korea Acrylic Resins Market Revenues & Volume, By Paper & Paperboard, 2018 - 2027F |
6.3.6 South Korea Acrylic Resins Market Revenues & Volume, By Textiles, 2018 - 2027F |
6.3.7 South Korea Acrylic Resins Market Revenues & Volume, By Fibers & Adhesives, 2018 - 2027F |
7 South Korea Acrylic Resins Market Import-Export Trade Statistics |
7.1 South Korea Acrylic Resins Market Export to Major Countries |
7.2 South Korea Acrylic Resins Market Imports from Major Countries |
8 South Korea Acrylic Resins Market Key Performance Indicators |
8.1 Percentage increase in research and development investments for acrylic resin technologies |
8.2 Growth in the number of partnerships and collaborations for product development and market expansion |
8.3 Adoption rate of acrylic resins in emerging applications such as electronics and packaging industries |
9 South Korea Acrylic Resins Market - Opportunity Assessment |
9.1 South Korea Acrylic Resins Market Opportunity Assessment, By Type, 2020 & 2027F |
9.2 South Korea Acrylic Resins Market Opportunity Assessment, By Property, 2020 & 2027F |
9.3 South Korea Acrylic Resins Market Opportunity Assessment, By Application, 2020 & 2027F |
10 South Korea Acrylic Resins Market - Competitive Landscape |
10.1 South Korea Acrylic Resins Market Revenue Share, By Companies, 2020 |
10.2 South Korea Acrylic Resins Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |