South Korea Composite Adhesive Market Size, Share, and COVID-19 Impact Analysis, By Product (Acrylic, Epoxy, Polyurethane, and Cyanoacrylate), By Application (Automotive & Transportation, and Aerospace & Defense), and South Korea Composite Adhesive Market Industry Trend, Forecasts to 2035
Industry: Specialty & Fine ChemicalsSouth Korea Composite Adhesive Market Insights Forecasts to 2035
- The South Korea Composite Adhesive Market Size Was Estimated at USD 108.56 Million in 2024
- The Market Size is Expected to Grow at a CAGR of around 4.36% from 2025 to 2035
- The South Korea Composite Adhesive Market Size is Expected to Reach USD 173.6 Million by 2035
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According to a research report published by Spherical Insights & Consulting, The South Korea Composite Adhesive Market Size is anticipated to reach USD 173.6 Million by 2035, growing at a CAGR of 4.36% from 2025 to 2035. Future demand for composite adhesives is anticipated to be driven by the adoption of lightweight composites with exceptional strength and low-density characteristics in a variety of industries, including sports, electric vehicles (EVs), aerospace & military, and others.
Market Overview
The composite adhesive market involves adhesives specifically designed to bond composite materials such as carbon fiber, fiberglass, and thermoplastics used across industries like automotive, aerospace, construction, and electronics. These adhesives offer benefits like high strength-to-weight ratio, improved durability, uniform stress distribution, and enhanced resistance to environmental factors. The expanding with the growing demand for lightweight and energy-efficient materials, especially in electric vehicles and aerospace applications. Technological advancements in bonding techniques and eco-friendly adhesive formulations further boost growth. In South Korea, government initiatives promoting green mobility, advanced manufacturing, and carbon-reduction targets support the adoption of composite adhesives. Investments in R&D, subsidies for lightweight material applications, and support for automotive and aerospace innovation also enhance the market's growth potential.
Report Coverage
This research report categorizes the market for South Korea composite adhesive market based on various segments and regions, forecasts revenue growth, and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea composite adhesive market. Recent market developments and competitive strategies such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment South Korea composite adhesive market.
South Korea Composite Adhesive Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Market Size in 2024: | USD 108.56 Million |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | 4.36% |
2035 Value Projection: | USD 173.6 Million |
Historical Data for: | 2020-2023 |
No. of Pages: | 167 |
Tables, Charts & Figures: | 120 |
Segments covered: | By Product and By Application |
Companies covered:: | KCC Corporation, Hyosung Chemical Corporation, Lotte Chemical Corporation, Kumho Petrochemical Co., Ltd., Burim Chemical Co., Ltd., Unitech Co., Ltd., Henkel AG & Co. KGaA (local Korean unit), H.B. Fuller Company (Korean operations), Sika AG (Korea), Arkema Group (Bostik SA, Korea branch), and Others |
Pitfalls & Challenges: | COVID-19 Impact, Challenges, Future, Growth, & Analysis |
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Driving Factors
The increasing demand for lightweight and high-performance materials in the automotive, aerospace, and construction sectors. These adhesives enable stronger, lighter assemblies compared to traditional mechanical fasteners, supporting fuel efficiency and design flexibility. The rise of electric vehicles and renewable energy infrastructure further accelerates demand. Additionally, advancements in adhesive formulations offering enhanced durability, thermal resistance, and faster curing times contribute to broader applications.
Restraining Factors
The high initial costs and complex surface preparation requirements can deter widespread adoption. Variability in bonding performance across different materials and environmental conditions also raises reliability concerns. Additionally, limited awareness and technical expertise regarding advanced adhesive applications hinder usage in some industries. Stringent regulations on chemical content and environmental impact further challenge manufacturers.
Market Segmentation
The South Korea composite adhesive market share is classified into product and application.
- The acrylic segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea composite adhesive market is segmented by product into acrylic, epoxy, polyurethane, and cyanoacrylate. Among these, the acrylic segment held a significant share in 2024 and is expected to grow at a substantial CAGR during the forecast period. It has excellent bonding strength, fast curing time, and high resistance to environmental factors like UV radiation and moisture. Acrylic adhesives are widely used in automotive, construction, and electronics industries, where durable and lightweight bonding is essential. Their cost-effectiveness and compatibility with various substrates, including metals and composites, further boost demand.
- The bariatric segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea composite adhesive market is segmented by application into automotive & transportation and aerospace & defense. Among these, the bariatric segment dominated a share in 2024 and is expected to grow at a significant CAGR during the forecast period. The rising demand for lightweight, fuel-efficient vehicles. Composite adhesives are widely used in automotive manufacturing for bonding dissimilar materials, enhancing structural integrity while reducing weight. The push for electric vehicles and government regulations on emissions further support adhesive adoption over traditional fastening methods.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea composite adhesive market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the companies' current news and developments, including product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- KCC Corporation
- Hyosung Chemical Corporation
- Lotte Chemical Corporation
- Kumho Petrochemical Co., Ltd.
- Burim Chemical Co., Ltd.
- Unitech Co., Ltd.
- Henkel AG & Co. KGaA (local Korean unit)
- H.B. Fuller Company (Korean operations)
- Sika AG (Korea)
- Arkema Group (Bostik SA, Korea branch)
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea composite adhesive market based on the below-mentioned segments:
South Korea Composite Adhesive Market, By Product
- Acrylic
- Epoxy
- Polyurethane
- Cyanoacrylate
South Korea Composite Adhesive Market, By Application
- Automotive & Transportation
- Aerospace & Defense
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