South Korea Advanced Composites Market to 2032
Overview
The South Korea Advanced Composites Market is expected to reach a 849.19 USD Million by 2032 and is projected to grow at a CAGR of 10.54% from 2025 to 2032.
Revenue, 2024 (USD Million)
453.95
Forecast, 2032 (USD Million)
849.19
CAGR, 2024 - 2032
10.54%
Report Coverage
South Korea
South Korea Advanced Composites Market 2018-2032 USD Million
South Korea Advanced Composites Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 453.95 USD Million
- Projected Market Size (2032): 849.19 USD Million
- CAGR (2025-2032): 10.54%
Key Findings of South Korea Advanced Composites Market
- The South Korea Advanced Composites Market was valued at 453.95 USD Million in 2024.
- The South Korea Advanced Composites Market is likely to grow at a CAGR of 10.54% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Advanced Thermosetting in Resin Segment accounted for the largest share of the market with a revenue of 301.32 USD Million
- The fastest growing segment Automated Tape Laying (ATL) and Automated Fiber Placement (AFP) in Manufacturing Process Segment grew Fastest with a CAGR of 11.98% during the forecast period from 2024 to 2032.
South Korea Advanced Composites Market Scope
South Korea Advanced Composites Market Segmentation & Scope
End User
- Healthcare
- Electrical and Electronics
- Civil Engineering
- Others
- Sports Equipment
- Energy and Power
- Automotive
- Aerospace and Defense
Manufacturing Process
- Others
- Injection Molding
- Compression Molding
- Resin Transfer Molding (RTM)
- Pultrusion
- Filament Winding
- Hand Layup/Spray Layup
- Automated Tape Laying (ATL) and Automated Fiber Placement (AFP)
Type
- Others
- Aramid Fiber Composites
- S-Glass Composites
- Carbon Fiber Composites
Resin
- Advanced Thermoplastic
- Advanced Thermosetting
South Korea Advanced Composites Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 453.95 USD Million |
| Market Value in 2032 | 849.19 USD Million |
| CAGR (2025-2032) | 10.54% |
| Historic Data | 2016-2023 |
| Market Segments Covered | End User ,Manufacturing Process,Type,Resin |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 453.95 USD Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 453.95 USD Million in 2024.
Segments and Scope
-
South Korea Advanced Composites Market to 2032, By End User
- Aerospace and Defense is the largest segment in South Korea Advanced Composites Market to 2032 with a revenue of 146.77 USD Million in the year 2024.
- Aerospace and Defense is the Fastest growing segment in South Korea Advanced Composites Market to 2032 with a Growth rate of 11.29 % in forecast period 2025-2032.
-
South Korea Advanced Composites Market to 2032, By Manufacturing Process
- Automated Tape Laying (ATL) and Automated Fiber Placement (AFP) is the largest segment in South Korea Advanced Composites Market to 2032 with a revenue of 116.36 USD Million in the year 2024.
- Automated Tape Laying (ATL) and Automated Fiber Placement (AFP) is the Fastest growing segment in South Korea Advanced Composites Market to 2032 with a Growth rate of 11.98 % in forecast period 2025-2032.
-
South Korea Advanced Composites Market to 2032, By Type
- Carbon Fiber Composites is the largest segment in South Korea Advanced Composites Market to 2032 with a revenue of 178.43 USD Million in the year 2024.
- Carbon Fiber Composites is the Fastest growing segment in South Korea Advanced Composites Market to 2032 with a Growth rate of 10.89 % in forecast period 2025-2032.
-
South Korea Advanced Composites Market to 2032, By Resin
- Advanced Thermosetting is the largest segment in South Korea Advanced Composites Market to 2032 with a revenue of 301.32 USD Million in the year 2024.
- Advanced Thermosetting is the Fastest growing segment in South Korea Advanced Composites Market to 2032 with a Growth rate of 10.76 % in forecast period 2025-2032.
South Korea Advanced Composites Market Company Share Analysis
South Korea Advanced Composites Market Geographical Sales Distribution, 2018-2032 USD Million
South Korea Advanced Composites Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Advanced Composites Market is segmented based on Segmentation End User ,Manufacturing Process,Type,Resin.
South Korea Advanced Composites Market was valued at USD 453.95(Revenue in USD Million) in 2022.
South Korea Advanced Composites Market is projected to grow at a CAGR of 10.54% during the forecast period of 2024 to 2032.
The Advanced Thermosetting segment is expected to dominate the South Korea Advanced Composites Market, holding a largest market share of 301.32 USD Million in 2024
Coming Soon....
South Korea Advanced Composites Market Scope
South Korea Advanced Composites Market Segmentation & Scope
End User
- Healthcare
- Electrical and Electronics
- Civil Engineering
- Others
- Sports Equipment
- Energy and Power
- Automotive
- Aerospace and Defense
Manufacturing Process
- Others
- Injection Molding
- Compression Molding
- Resin Transfer Molding (RTM)
- Pultrusion
- Filament Winding
- Hand Layup/Spray Layup
- Automated Tape Laying (ATL) and Automated Fiber Placement (AFP)
Type
- Others
- Aramid Fiber Composites
- S-Glass Composites
- Carbon Fiber Composites
Resin
- Advanced Thermoplastic
- Advanced Thermosetting
Frequently Asked Questions
The South Korea Advanced Composites Market is segmented based on Segmentation End User ,Manufacturing Process,Type,Resin.
South Korea Advanced Composites Market was valued at USD 453.95(Revenue in USD Million) in 2022.
South Korea Advanced Composites Market is projected to grow at a CAGR of 10.54% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Advanced Composites Market for final year is USD 849.19 (USD Million).
South Korea Advanced Composites Market Company Profiling
Frequently Asked Questions
The South Korea Advanced Composites Market is segmented based on Segmentation End User ,Manufacturing Process,Type,Resin.
South Korea Advanced Composites Market was valued at USD 453.95(Revenue in USD Million) in 2022.
South Korea Advanced Composites Market is projected to grow at a CAGR of 10.54% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Advanced Composites Market for final year is USD 849.19 (USD Million).
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