South Korea Polyurethane Adhesives Market (2026-2031)
The South Korea Polyurethane Adhesives Market was valued at $295.8 Million in 2026 and projected to reach to $360.8 Million by 2031, representing a compound annual growth rate of 4.05%. South Korea's polyurethane adhesives market is positioned for steady growth, driven by the country's strong manufacturing base and technological advancement across key industries.
| Market Size in | USD 26.32 MN |
| Market Forecast in | |
| CAGR | |
| Forecast Period | |
| Units Considered | Value (USD MN) |
South Korea Polyurethane Adhesives Market Trends and Insights
- This steady expansion reflects South Korea's robust manufacturing base, particularly in automotive, electronics, and construction sectors that rely heavily on advanced adhesive solutions.
- South Korea's position as a global technology and manufacturing hub drives consistent demand for high-performance polyurethane adhesives across industrial applications. The South Korea market benefits from strong domestic production capabilities and export-oriented industries that require reliable bonding solutions.
- South Korea's emphasis on innovation and quality standards supports the adoption of polyurethane adhesives in premium applications.
- Between 2026 and 2031, South Korea is expected to maintain moderate growth momentum, supported by ongoing industrialization, infrastructure development, and the expansion of electronics and automotive manufacturing clusters throughout the country..
Key Market Statistics
- CAGR (2026-2031) 4.05% CAGR
- Market Size, 2026 ~USD 295.8 Million
- Forecast, 2031 ~USD 360.8 Million
- Country South Korea
South Korea Polyurethane Adhesives Market Overview
Automotive Sector Dominance :
South Korea's automotive industry, led by Hyundai and Kia, drives significant demand for polyurethane adhesives in vehicle assembly, interior components, and structural bonding applications.
Electronics Manufacturing Hub :
As a global leader in semiconductor and consumer electronics production, South Korea's tech manufacturers extensively utilize polyurethane adhesives for device assembly and component bonding.
Construction & Infrastructure Growth :
South Korea's ongoing urban development and infrastructure projects create sustained demand for polyurethane adhesives in building materials, insulation, and structural applications.
Advanced Manufacturing Capabilities :
South Korea's highly developed manufacturing ecosystem and emphasis on quality standards support adoption of premium polyurethane adhesive solutions across multiple industrial sectors.
South Korea Polyurethane Adhesives Market Dynamics
- The automotive sector's continued innovation in vehicle design and the electronics industry's expansion in semiconductor manufacturing will sustain demand for high-performance adhesive solutions.
- Government initiatives supporting green manufacturing and sustainable materials are expected to encourage development of eco-friendly polyurethane adhesive formulations.
- The market's 4.05% CAGR reflects South Korea's mature industrial landscape with consistent, reliable growth opportunities through 2031..
Related Ecosystem
Electric Hybrid Vehicles
- Battery Electric Vehicle (BEV)
- Fuel Cell Electric Vehicle (FCEV)
- Light Commercial Vehicles (LCVs)
- Hybrid Electric Vehicle (HEV)
- Agricultural Tractors
- Visteon Corporation
- BOSCH LIMITED
- Byd company ltd.
- Tesla, Inc.
- FORD MOTOR COMPANY
Adhesives And Sealants
- Alkyd Resins
- Polyurethane Resin
- Epoxy Resin
- Polyester Resin
- Polyolefin
- 3M COMPANY
- Henkel ag and co. kgaa
- H.B. Fuller Company
- Sika ag
- DOW CHEMICAL COMPANY
Paints And Coatings
- Polyurethane Resin
- Alkyd Resins
- Epoxy Resin
- Polyester Resin
- Acrylics
- Basf se
- JOTUN
- PPG Industries, Inc.
- DOW CHEMICAL COMPANY
- Akzonobel n.v.
Key Takeaways
- South Korea's polyurethane adhesives market is valued at USD 295.8 million in 2026 and will reach USD 360.8 million by 2031.
- South Korea exhibits a 4.05% CAGR, reflecting steady demand from automotive, electronics, and construction industries.
- South Korea's advanced manufacturing ecosystem and export-driven economy support consistent adoption of high-performance adhesive solutions.
- South Korea's focus on innovation and quality standards positions the country as a premium market for polyurethane adhesives in Asia Pacific.
Polyurethane Adhesives Market Report Scope
| Report Metric | Details |
|---|---|
| Base Year | 2026 |
| Fastest Growing Segment | OTHER TECHNOLOGIES (Technology) |
| Forecast Period | 2026–2031 |
| Growth Rate | CAGR of 5.82% from 2026 to 2031 |
| Largest Segment | THERMOSET (Type) |
| Market Size Base Year (Billions) | ~USD 9.68 (2026) |
| Revenue Forecast (Billions) | ~USD 12.84 (2031) |
| Segments Covered | Technology, Type, End-Use Industry |
South Korea Polyurethane Adhesives Market Report Segmentation
3 segment dimensions are covered across the global market.
By Technology
- 100% Solids
- Dispersion
- Other Technologies
- Solvent-Borne
By Type
- Thermoplastic
- Thermoset
By End-Use Industry
- Automotive
- Building & Construction
- Furniture & Decoration
- General Industrial
- Leather & Footwear
- Other End-Use Industries
- Packaging
Target Audience
- Adhesive Manufacturers & Suppliers : Evaluate market size, growth potential, and competitive dynamics in South Korea to optimize product portfolios, pricing strategies, and distribution channels for regional expansion.
- Automotive & Electronics OEMs : Understand polyurethane adhesive market trends and supplier capabilities in South Korea to make informed sourcing decisions and ensure supply chain reliability for manufacturing operations.
- Construction & Building Material Companies : Assess demand for polyurethane adhesives in South Korea's construction sector to identify growth opportunities and develop targeted solutions for building applications.
- Investment & Private Equity Firms : Evaluate market attractiveness and growth prospects in South Korea's polyurethane adhesives sector to identify acquisition targets and investment opportunities with strong ROI potential.
- Market Research & Consulting Professionals : Access comprehensive South Korea market data and forecasts to support client advisory services, competitive analysis, and strategic planning initiatives in the adhesives industry.
Key Companies in the South Korea Polyurethane Adhesives Market
| Company | HQ | Ownership | Strongest segments |
|---|---|---|---|
| WANHUA CHEMICAL GROUP CO., LTD | China | Public Company | Thermoset Polyurethane Adhesives,Thermoplastic Polyurethane Adhesives,Solvent-borne Technology, |
| SEKISUI CHEMICAL CO., LTD | Japan | Public Company | Thermoset polyurethane adhesives,Thermoplastic polyurethane adhesives,Solvent-borne technology, |
| KRATON CORPORATION | United States | Private Company | Thermoset PU adhesive value chain,Thermoplastic PU adhesive value chain,Solvent-borne PU adhesive systems, |
| SYNTHOS S.A | Poland | Private Company | Thermoset PU Adhesives,Thermoplastic PU Adhesives,Solvent-borne Technology, |
| SCAPA GROUP PLC | United Kingdom | Private Company | Thermoset polyurethane adhesives,Thermoplastic polyurethane adhesives,Solvent-borne technology, |
| BOREALIS AG | United States | Private Company | Thermoset polyurethane adhesives value-chain exposure,Thermoplastic polyurethane adhesives value-chain exposure,Solvent-borne and dispersion technologies (indirect), |
| REPSOL S.A. | Spain | Public Company | Thermoset Polyurethane Adhesives,Thermoplastic Polyurethane Adhesives,Solvent-borne Technology, |
| USG CORPORATION | United States | Private Company | Thermoset PU Adhesives,Thermoplastic PU Adhesives,Solvent-borne Technology, |
| HENKEL AG & CO. KGAA | Germany | Public Company | Thermoset PU adhesives,Thermoplastic PU adhesives,Solvent-borne PU technology, |
| H.B. FULLER COMPANY | United States | Public Company | Thermoset PU – 100% solids and solvent-borne,Dispersion / water-based PU,Thermoplastic PU, |
| SIKA AG | Switzerland | Public Company | Thermoset PU Adhesives,Thermoplastic PU Adhesives,Solvent-borne Technology, |
| 3M COMPANY | United States | Public Company | Thermoset PU Adhesives,Thermoplastic PU Adhesives,Solvent-borne Technology, |
| DOW INC. | United States | Public Company | Thermoset polyurethane adhesives,Thermoplastic polyurethane adhesives,Solvent-borne technologies, |
| HUNTSMAN INTERNATIONAL LLC | United States | Private Company | Thermoset Polyurethane Adhesives,Thermoplastic Polyurethane Adhesives,Solvent-borne Technologies, |
| ILLINOIS TOOL WORKS INC. | United States | Public Company | Thermoset PU Adhesives,Thermoplastic PU Adhesives,Solvent-borne Technology, |
| ARKEMA S.A. | France | Public Company | Thermoset PU Adhesives,Thermoplastic PU Adhesives,Solvent-borne Technology, |
| PARKER-HANNIFIN CORPORATION | United States | Public Company | Thermoset PU Adhesives,Thermoplastic PU Adhesives,Solvent-borne Technology, |
| HEXCEL CORPORATION | United States | Public Company | Thermoset PU Adhesives & Systems,Thermoplastic PU Adhesives & Systems,Solvent-borne PU Adhesive Technologies, |
| MAPEI CORPORATION | Italy | Private Company | Thermoset Polyurethane Adhesives,Thermoplastic Polyurethane Adhesives,Solvent-borne Technology, |
WANHUA CHEMICAL GROUP CO., LTD
Wanhua Chemical Group Co., Ltd is a Chinese public company founded in 1978 that operates as a major chemical manufacturer with a workforce of 30,772 employees.
SEKISUI CHEMICAL CO., LTD
Sekisui Chemical Co., Ltd is a Japanese public company established in 1947 with 26,752 employees, operating in the chemical manufacturing sector.
KRATON CORPORATION
Kraton Corporation is a United States-based private company founded in 2000 with 1,875 employees operating in the specialty chemicals industry.
SYNTHOS S.A
Synthos S.A is a Polish private company established in 1945 with 2,975 employees engaged in chemical manufacturing and production.
SCAPA GROUP PLC
Scapa Group PLC is a United Kingdom private company established in 1927 with 1,461 employees manufacturing adhesive-based products and technical tapes.
BOREALIS AG
Borealis AG is a United States-based private company founded in 1994 with 5,887 employees operating in the polyolefins and base chemicals sectors.
REPSOL S.A.
Repsol S.A. is a Spanish public company established in 1927 with 24,523 employees engaged in oil, gas, and energy production.
USG CORPORATION
USG Corporation is a United States-based private company founded in 1902 with 7,300 employees manufacturing building materials and gypsum products.
HENKEL AG & CO. KGAA
Henkel AG & Co. KGaA is a German public company established in 1876 with 42,200 employees operating in adhesives, sealants, and consumer goods.
H.B. FULLER COMPANY
H.B. Fuller Company is a United States-based public company founded in 1887 with 7,100 employees manufacturing adhesives, sealants, and specialty chemicals.
SIKA AG
Sika AG is a Swiss public company established in 1910 with 33,856 employees specializing in construction chemicals and industrial adhesives.
3M COMPANY
3M Company is a United States-based public company founded in 1902 with 60,500 employees manufacturing diversified products including adhesives, abrasives, and industrial solutions.
DOW INC.
Dow Inc. is a United States-based public company established in 1897 with 32,800 employees operating as a major producer of chemicals and materials.
HUNTSMAN INTERNATIONAL LLC
Huntsman International LLC is a United States-based private company founded in 1970 with 6,000 employees engaged in specialty chemicals and pigments manufacturing.
ILLINOIS TOOL WORKS INC.
Illinois Tool Works Inc. is a United States-based public company established in 1912 with 43,000 employees manufacturing diversified industrial products and equipment.
ARKEMA S.A.
Arkema S.A. is a French public company founded in 2003 with 20,700 employees specializing in specialty chemicals and advanced materials.
PARKER-HANNIFIN CORPORATION
Parker-Hannifin Corporation is a United States-based public company founded in 1917 with 57,950 employees producing motion and control technologies and systems.
HEXCEL CORPORATION
Hexcel Corporation is a United States-based public company established in 1946 with 5,563 employees producing composite materials and engineered products.
MAPEI CORPORATION
Mapei Corporation is an Italian private company established in 1937 with 13,252 employees specializing in adhesives, sealants, and building materials.
Reasons to Buy this Report
- Sector-Specific Insights : Gain detailed understanding of polyurethane adhesive demand across South Korea's automotive, electronics, and construction sectors with quantified market sizing and growth projections.
- Competitive Landscape Analysis : Identify key manufacturers and suppliers operating in South Korea's polyurethane adhesives market, including their market positioning and strategic initiatives.
- Investment & Expansion Strategy : Make informed decisions on market entry, capacity expansion, or partnership opportunities in South Korea with validated market data and growth forecasts through 2031.
- Regulatory & Sustainability Trends : Understand South Korea-specific environmental regulations, sustainability requirements, and industry standards shaping polyurethane adhesive product development and adoption.
- Demand Drivers & Opportunities : Identify emerging applications and growth catalysts specific to South Korea's manufacturing sectors, enabling targeted product innovation and market positioning strategies.
Frequently asked questions
What is the current size of South Korea's polyurethane adhesives market?
South Korea's polyurethane adhesives market is estimated at USD 295.8 million in 2026.
What is the projected market size for South Korea by 2031?
South Korea's polyurethane adhesives market is forecast to reach USD 360.8 million by 2031.
What is the CAGR for South Korea's polyurethane adhesives market?
South Korea's polyurethane adhesives market is expected to grow at a CAGR of 4.05% from 2026 to 2031.
Which industries drive demand for polyurethane adhesives in South Korea?
South Korea's automotive, electronics, construction, and manufacturing sectors are primary drivers of polyurethane adhesive demand.
Why is South Korea an important market for polyurethane adhesives?
South Korea's advanced manufacturing base, export-oriented economy, and emphasis on innovation make it a significant market for high-performance polyurethane adhesives in Asia Pacific.
RESEARCH METHODOLOGY
The study involved four major activities in estimating the market size for polyurethane adhesives. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, the market breakdown and data triangulation procedures were used to estimate the market size of the segments and subsegments.
Secondary Research
Secondary sources used in this study included annual reports, press releases, and investor presentations of companies; white papers; certified publications; articles from recognized authors; and gold-standard and silver-standard websites, such as Factiva, ICIS, Bloomberg, and others. The findings of this study were verified through primary research, which involved conducting extensive interviews with key officials, including CEOs, VPs, directors, and other executives. The breakdown of profiles of the primary interviewees is illustrated in the figure below.
Primary Research
The polyurethane adhesives market comprises several stakeholders, such as raw material suppliers, end-product manufacturers, and regulatory organizations in the supply chain. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.
BREAKDOWN OF PRIMARY PARTICIPANTS
Notes: Tier 1, Tier 2, and Tier 3 companies are classified based on their market revenue in 2024/2025 available in the public domain, product portfolios, and geographical presence.
Other designations include consultants and sales, marketing, and procurement managers.
|
COMPANY NAME |
DESIGNATION |
|
Henkel AG & Co. KGaA |
Senior Manager |
|
H.B. Fuller Company |
Innovation Manager |
|
Sika AG |
Vice President |
|
Dow Inc. |
Production Supervisor |
|
3M Company |
Sales Manager |
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both top-down and bottom-up approaches were used to estimate and validate the total size of the polyurethane adhesives market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
- The key players in the industry have been identified through extensive secondary research.
- The supply chain of the industry has been determined through primary and secondary research.
- All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
- All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.
Polyurethane Adhesives Market : Top-Down and Bottom-Up Approach
Data Triangulation
After determining the overall market size using the market size estimation processes explained above, the market was divided into several segments and subsegments. To complete the overall market engineering process and determine the exact statistics for each market segment and subsegment, data triangulation and market breakdown procedures were employed, as applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides in the polyurethane adhesives industry.
Market Definition
Polyurethane adhesives are a class of synthetic adhesives made by reacting polyols with isocyanates to form a polymer network. They are known for their high strength, toughness, and durability, as well as their resistance to weathering, moisture, chemicals, and temperature changes. They can be further modified to meet specific performance requirements by adding fillers, plasticizers, and other additives. The resulting adhesive can be formulated as liquid, paste, or foam and is used in a wide range of industrial applications, including construction, automotive, furniture, and footwear.
Key Stakeholders
- Polyurethane adhesive manufacturers
- Polyurethane adhesive distributors
- Raw material suppliers
- Government and research organizations
- Investment banks and private equity firms
Report Objectives
- To analyze and forecast the size of the global polyurethane adhesives market in terms of value and volume
- To provide detailed information about the major drivers, restraints, challenges, and opportunities influencing the market growth
- To define, describe, and segment the market based on type, technology, end-use industry, and region
- To forecast the size of the market segments based on regions such as Asia Pacific, North America, Europe, the Middle East & Africa, and South America
- To strategically analyze micromarkets with respect to individual growth trends, prospects, and their contribution to the overall market
- To strategically analyze the segmented markets with respect to individual growth trends, prospects, and contributions to the overall market
- To identify and analyze opportunities for stakeholders in the market
- To analyze competitive developments such as expansions, partnerships, joint ventures, mergers & acquisitions, agreements, and product launches in the market
- To strategically profile the key companies and comprehensively analyze their core competencies
Get the Full Polyurethane Adhesives Market Report
Full forecast, segment splits, and company analysis for all Polyurethane Adhesives Market.
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