With production value of USD3.8 billion, South Korea accounts for 3.5% of the Asia Pacific total in 2024. The industry’s exports share increases in 2024 to 60.1% of total production output. The industry’s profitability increases and stands at 4.7% of production value in 2024, the 16th highest regionally. The costs of the industry increase by 0.3% in 2024, largely driven by rising labour costs. The total number of companies decreases in 2024, to 242 units. The industry is concentrated, with the top five companies generating 61.6% of total production value in 2024. Kolon Industries Co Ltd is the largest company in South Korea, generating 17.3% of the industry’s total production value in 2024. South Korea has the sixth largest market size for man-made fibres regionally, with demand reaching USD1.8 billion in 2024. B2B drives market demand, with B2B spending representing 99.4% of total demand in 2024. The market is dominated by domestic suppliers, as imports account for 15.7% of total market size in 2024.
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Overview:
This Euromonitor industrial report provides unique information on Man-made Fibres in South Korea: ISIC 243. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Man-made Fibres in South Korea: ISIC 243 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Chemical Products in South Korea report includes:
- Five year forecasts on industry’s historic trends and growth
- Insights on key factors shaping industry’s historic and future performance
- Historic data on industry’s turnover, market size, imports and exports
- Detailed overview of industry’s supply and demand structure
- Analysis of competitive landscape changes within the industry
This report answers:
- What is the turnover of the Chemical Products?
- How the Chemical Products will perform in the future?
- Which categories are driving industry's growth?
- Which factors will shape industry’s performance?
- What is the industry’s costs and demand structure?
- How profitable is the industry?
- Is industry’s competitive landscape concentrated or fragmented?
Man-made Fibres in South Korea: ISIC 243
HEADLINES
MARKET OVERVIEW
Chemical Products
This is the aggregation of basic chemicals, fertilisers and nitrogen compounds, man-made fibers, paints and varnishes, pesticides and other agro-chemical products, photochemicals, explosives and other chemicals, plastic in primary forms and synthetic rubber.
See all of our definitionsBuy this report to:
- Understand future opportunities and threats within the industry
- Track demand and supply structure
- Understand competitive landscape of the industry
- Inform market, strategy development and supply functions
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