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Part of: Structural Adhesives Market (Global)

The South Korea Structural Adhesives Market was valued at $65.9 Million in 2024 and projected to reach to $87.8 Million by 2029, representing a compound annual growth rate of 5.9%. South Korea's structural adhesives market is poised for sustained growth through 2029, driven by the country's world-class manufacturing ecosystem and export-oriented industries.

South Korea Structural Adhesives Market (2024-2029) : Size and Share
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MARKET SNAPSHOT
Market Size in USD 26.32 MN
Market Forecast in
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South Korea Structural Adhesives Market Trends and Insights

  • This growth trajectory reflects South Korea's robust manufacturing sector, particularly in automotive, electronics, and aerospace industries that rely heavily on advanced bonding solutions.
  • South Korea's position as a global technology hub drives demand for high-performance adhesives that meet stringent quality and durability standards. The structural adhesives market in South Korea is supported by increasing investments in industrial automation and lightweight material applications across key sectors.
  • South Korea's emphasis on innovation and sustainability is pushing manufacturers to develop eco-friendly adhesive formulations that comply with international environmental regulations.
  • Between 2024 and 2029, South Korea is expected to see accelerated adoption of structural adhesives in electric vehicle production and renewable energy applications, further strengthening market expansion..

Key Market Statistics

  • CAGR (2024-2029) 5.9% CAGR
  • Market Size, 2024 ~USD 65.9 Million
  • Forecast, 2029 ~USD 87.8 Million
  • Country South Korea

South Korea Structural Adhesives Market Overview

Market Valuation Growth :

South Korea's structural adhesives market is valued at USD 65.9 million in 2024, with a projected CAGR of 5.9% through 2029, reaching USD 87.8 million. This outpaces the global CAGR of 5.5%, indicating stronger regional demand.

Automotive & Electronics Dominance :

South Korea's thriving automotive and electronics manufacturing sectors drive significant demand for structural adhesives. Major OEMs and component suppliers require advanced bonding solutions for lightweighting and durability in vehicles and consumer electronics.

Aerospace & Defense Applications :

South Korea's growing aerospace industry, supported by government initiatives and defense contracts, creates substantial opportunities for high-performance structural adhesives in aircraft assembly, composite bonding, and military applications.

Technology & Innovation Hub :

As a global technology leader, South Korea's emphasis on R&D and advanced manufacturing drives adoption of next-generation adhesive technologies, including eco-friendly formulations and high-temperature resistant solutions for emerging applications.

South Korea Structural Adhesives Market Dynamics

  • The automotive sector's shift toward electric vehicles and lightweight materials will accelerate adhesive adoption, while the electronics industry's miniaturization trends demand precision bonding solutions.
  • Government support for advanced manufacturing and green technology initiatives further strengthens market fundamentals. The market will benefit from South Korea's strategic position in global supply chains and increasing investments in aerospace and defense sectors.
  • Rising environmental regulations are pushing manufacturers toward sustainable adhesive solutions, creating opportunities for bio-based and low-VOC products.
  • Continued innovation in composite materials and structural bonding technologies will support market expansion, with local manufacturers and international players competing for market share in this dynamic regional market..

Market Ecosystem

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STRUCTURAL ADHESIVES MARKET: COMMERCIAL USE CASES ACROSS INDUSTRIES

COMPANY USE CASE DESCRIPTION BENEFITS
High-strength structural adhesives for battery pack and chassis bonding in electric vehicles Lightweight design with superior crash resistance, improved structural rigidity, faster assembly, enhanced vehicle safety
Advanced structural adhesives for bonding display modules and housing components in consumer electronics Strong adhesion to dissimilar materials, better impact resistance, thinner device profiles, improved durability
Structural adhesives for body-in-white assembly and roof bonding in automotive manufacturing Reduced welding needs, lower vehicle weight, enhanced torsional stiffness, better noise vibration control
Heavy-duty structural adhesives for cabin and chassis joining in commercial trucks Superior fatigue resistance under heavy loads, extended service life, reduced maintenance, improved fuel efficiency

Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.

Related Ecosystem

Adhesives And Sealants

Top Technologies
  • Alkyd Resins
  • Polyurethane Resin
  • Epoxy Resin
  • Polyester Resin
  • Polyolefin
Top Companies
  • 3M COMPANY
  • Henkel ag and co. kgaa
  • H.B. Fuller Company
  • Sika ag
  • DOW CHEMICAL COMPANY

    Power Infrastructure

    Top Technologies
    • Geographical Information System (GIS)
    • Cogeneration
    • Battery Electric Vehicle (BEV)
    • Cellular Network
    • Fuel Cell
    Top Companies
    • Siemens ag
    • ABB India Limited
    • SCHNEIDER ELECTRIC SE
    • General Electric Company
    • Eaton Corporation plc

      Renewable Energy Material

      Top Technologies
      • HVAC System
      • Actuators
      • Aramid Fiber
      • Electrical Insulation
      • Electrochemical BioSensor
      Top Companies
      • Basf se
      • Wacker chemie ag
      • Evonik industries ag
      • Borealis ag
      • MOMENTIVE PERFORMANCE MATERIALS INC.

        Key Takeaways

        • South Korea's structural adhesives market is valued at USD 65.9 million in 2024 and is forecast to reach USD 87.8 million by 2029, representing a 5.9% CAGR.
        • South Korea's automotive and electronics sectors are primary drivers of structural adhesive demand, leveraging advanced bonding technologies for lightweight and durable applications.
        • South Korea's commitment to sustainability and innovation is accelerating the development of eco-friendly adhesive solutions that meet global environmental standards.
        • South Korea's EV production growth and renewable energy initiatives are expected to create significant new opportunities for structural adhesive manufacturers through 2029.

        Structural Adhesives Market Report Scope

        Report Metric Details
        Base Year 2024
        Fastest Growing Segment CYANOACRYLATE (Resin)
        Forecast Period 2024–2029
        Growth Rate CAGR of 5.5% from 2024 to 2029
        Largest Segment METALS (Substrate)
        Market Size Base Year (Billions) ~USD 13.54 (2024)
        Revenue Forecast (Billions) ~USD 17.7 (2029)
        Segments Covered Substrate, Resin

        South Korea Structural Adhesives Market Report Segmentation

        2 segment dimensions are covered across the global market.

        By Substrate

        • Composites
        • Metals
        • Other Substrates
        • Plastics
        • Wood

        By Resin

        • Acrylic
        • Cyanoacrylate
        • Epoxy
        • Mma
        • Other Resins
        • Pu

        Target Audience

        • Adhesive Manufacturers & Suppliers : South Korea-focused producers and distributors need detailed market data to optimize product portfolios, identify growth segments, and benchmark performance against regional competitors in automotive, electronics, and aerospace applications.
        • Automotive & Electronics OEMs : Major Korean manufacturers require market intelligence on adhesive innovations, supplier capabilities, and cost trends to make informed sourcing decisions and improve manufacturing efficiency in structural bonding applications.
        • Investment & Private Equity Firms : Investors evaluating opportunities in South Korea's chemical and materials sector need comprehensive market data, growth projections, and competitive analysis to assess investment potential and identify acquisition targets.
        • Aerospace & Defense Contractors : Korean aerospace and defense companies need specialized insights on high-performance adhesive solutions, regulatory compliance, and supplier ecosystems to support aircraft assembly and military applications.
        • Market Research & Consulting Professionals : Analysts and consultants serving Korean industrial clients require detailed regional market data, trend analysis, and forecasts to support strategic planning, competitive positioning, and business development initiatives.

        Key Companies in the South Korea Structural Adhesives Market

        CompanyHQOwnershipStrongest segments
        DUPONTUnited StatesPublic CompanyHealthcare & Water Technologies,Construction Materials (TYVEK, STYROFOAM, CORIAN),Engineered Industrial Components & Lubricants,
        HENKEL AG & CO. KGAAGermanyPublic CompanyAdhesive Technologies (packaging, consumer goods, mobility, electronics, craftsmen, construction, professional),Laundry & Home Care (heavy-duty detergents, specialty detergents, fabric care, dishwashing, surface cleaners),Hair & Body Care (hair styling, colorants, hair care, body care, salon channel),
        SIKA AGSwitzerlandPublic CompanyConcrete, cement, and mortar admixtures/additives,Waterproofing systems (SikaProof and related),Flat roofing systems (Sika Sarnafil and accessories),
        3MUnited StatesPublic CompanySafety and Industrial,Transportation and Electronics,Consumer,
        HUNTSMAN CORPORATIONUnited StatesPublic CompanyPolyurethanes,Performance Products (Amines & Carbonates),Advanced Materials (Epoxy & Thermosets),
        ILLINOIS TOOL WORKS INC.United StatesPublic CompanyAutomotive OEM,Food Equipment,Test & Measurement and Electronics,
        H.B. FULLER COMPANYUnited StatesPublic CompanyEngineering PU adhesives (structural and automotive),Construction and panel bonding PU,Hygiene, packaging, and consumer-related PU,
        WACKER CHEMIE AGGermanyPublic CompanySilicones,Polymers,Polysilicon,
        MAPEI S.P.A.ItalyPrivate CompanyCeramic, stone, and resilient flooring systems,Waterproofing, building envelope, and structural strengthening,Concrete admixtures and architectural paving systems,

        DUPONT

        DUPONT is a publicly traded company headquartered in the United States, founded in 2015 with 15,000 employees. The company operates as a diversified materials science and specialty chemicals manufacturer.

        HENKEL AG & CO. KGAA

        HENKEL AG & CO. KGAA is a publicly traded German company established in 1876, employing 42,200 people globally. The company is a leading manufacturer of adhesives, sealants, and surface treatments for industrial and consumer markets.

        SIKA AG

        SIKA AG is a publicly traded Swiss company founded in 1910 with 30,629 employees worldwide. The company specializes in chemical products for construction, automotive, and industrial applications including adhesives, sealants, and coatings.

        3M

        3M is a publicly traded United States company established in 1902 with 60,500 employees. The company is a diversified technology and manufacturing conglomerate producing adhesives, abrasives, coatings, and numerous other products across multiple industries.

        HUNTSMAN CORPORATION

        HUNTSMAN CORPORATION is a publicly traded United States company founded in 1970 with 6,000 employees. The company manufactures specialty chemicals, pigments, and polyurethane products for various industrial applications.

        ILLINOIS TOOL WORKS INC.

        ILLINOIS TOOL WORKS INC. is a publicly traded United States manufacturer founded in 1912 with 43,000 employees. The company produces engineered fasteners, components, and specialty products for automotive, construction, and industrial markets.

        H.B. FULLER COMPANY

        H.B. FULLER COMPANY is a publicly traded company headquartered in the United States and founded in 1887. The company manufactures adhesives, sealants, and specialty chemical products for industrial and consumer applications.

        WACKER CHEMIE AG

        WACKER CHEMIE AG is a publicly traded German company established in 1914 with 16,196 employees. The company produces specialty chemicals including silicones, polymers, and fine chemicals for construction, automotive, and industrial sectors.

        MAPEI S.P.A.

        MAPEI S.P.A. is a private Italian company founded in 1937 with 13,252 employees. The company is a global manufacturer of adhesives, sealants, and chemical products for construction and building applications.

        Reasons to Buy this Report

        • Regional Market Sizing & Forecasts : Obtain precise market valuation data specific to South Korea with detailed 5-year forecasts (2024-2029). Understand market growth trajectories and identify optimal entry or expansion timing in this high-growth regional market.
        • Competitive Landscape Analysis : Gain insights into South Korea's competitive dynamics, including local manufacturers, international players, and market share distribution. Identify key competitors and strategic positioning opportunities within the Korean market.
        • Industry-Specific Demand Drivers : Understand how South Korea's automotive, electronics, and aerospace sectors specifically drive adhesive demand. Access data on application trends, material preferences, and technology adoption patterns unique to Korean manufacturers.
        • Regulatory & Sustainability Insights : Stay informed on South Korea's environmental regulations, green manufacturing initiatives, and sustainability requirements affecting adhesive formulations. Align product development with local compliance standards and market preferences.
        • Strategic Market Intelligence : Make informed business decisions with comprehensive South Korea-specific data on growth opportunities, emerging applications, and market gaps. Support investment decisions, partnership strategies, and product development roadmaps for the Korean market.

        Frequently asked questions

        What is the current size of South Korea's structural adhesives market?

        South Korea's structural adhesives market was valued at USD 65.9 million in 2024 and is projected to grow to USD 87.8 million by 2029.

        What is the expected growth rate for South Korea's structural adhesives market?

        South Korea's structural adhesives market is expected to grow at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2029.

        Which industries drive demand for structural adhesives in South Korea?

        South Korea's automotive, electronics, aerospace, and renewable energy sectors are the primary drivers of structural adhesive demand, with growing applications in electric vehicle manufacturing.

        What trends are shaping South Korea's structural adhesives market?

        South Korea's market is shaped by increasing demand for lightweight materials, eco-friendly formulations, industrial automation, and the rapid expansion of electric vehicle production.

        How does South Korea's structural adhesives market compare regionally?

        South Korea is a key market within Asia Pacific, driven by its advanced manufacturing capabilities, technological innovation, and strong presence in global automotive and electronics supply chains.

        RESEARCH METHODOLOGY

        The study involved four major activities in estimating the market size for structural 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 structural 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.

        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 & KGaA

        Senior Manager

        Huntsman International LLC

        Innovation Manager

        Arkema S.A.

        Vice-President

        3M Company

        Production Supervisor

        Sika AG

        Sales Manager

        Structural Adhesives Market Size, and Share

        Note: Tier 1 companies’ revenue is more than USD 10 billion; Tier 2 companies’ revenue ranges between USD 1 and 10 billion; and Tier 3 companies’ revenue ranges between USD 500 million and USD 1 billion.

        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 structural 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.

        Structural 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 structural adhesives industry.

        Market Definition

        According to FEICA, the Association of the European Adhesive and Sealant Industry, structural adhesives are adhesives used to bond load-bearing joints or substrates. They can handle high tensile, shear, cleavage, and peel strength between the substrates and provide excellent mechanical performance. They enable weight reduction and improve the aesthetic appeal of end products without any visible bolts, rivets, or welds. These adhesives offer excellent strength, load-bearing capability, durability, and resistance against impact, heat, fatigue, and solvents. All structural adhesives provide at least 1,000 psi or 7 Mpa of overlap shear strength to the substrates. Structural adhesives include low-viscosity liquids, non-sag pastes, and one- and two-component formulations.

        Key Stakeholders

        • Structural adhesive manufacturers
        • Structural 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 structural 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 substrate, resin, technology, application, 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

        Available customizations:

        Along with the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

        Regional Analysis

        • Further breakdown of a region with respect to a particular country or additional application

        Company Information

        • Detailed analysis and profiles of additional market players (up to five)

         

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