South Korea Medical Plastic Market to 2032
Overview
The South Korea Medical Plastic Market is expected to reach a 1,847.21 USD Million by 2032 and is projected to grow at a CAGR of 12.30% from 2025 to 2032.
Revenue, 2024 (USD Million)
737.73
Forecast, 2032 (USD Million)
1,847.21
CAGR, 2024 - 2032
12.30%
Report Coverage
South Korea
South Korea Medical Plastic Market 2018-2032 USD Million
South Korea Medical Plastic Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 737.73 USD Million
- Projected Market Size (2032): 1,847.21 USD Million
- CAGR (2025-2032): 12.30%
Key Findings of South Korea Medical Plastic Market
- The South Korea Medical Plastic Market was valued at 737.73 USD Million in 2024.
- The South Korea Medical Plastic Market is likely to grow at a CAGR of 12.30% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Medical Devices in Application Segment accounted for the largest share of the market with a revenue of 284.87 USD Million
- The fastest growing segment Polypropylene in Type/Polymer Segment grew Fastest with a CAGR of 13.11% during the forecast period from 2024 to 2032.
South Korea Medical Plastic Market Scope
South Korea Medical Plastic Market Segmentation & Scope
Application
- Others
- Implants
- Medical Devices Packaging
- Medical Supplies and Consumables
- Medical Devices
Type/Polymer
- Others
- Biomaterials
- Liquid Crystal Polymer
- Sulfones
- Cellulose Based
- Acetal
- PEKK
- PMS
- Fluoropolymers
- Polyurethane
- Thermoplastic Elastomers
- Thermoset Elastomers
- Polyamide
- Polyester
- Polyetheretherketone (PEEK)
- Polypropylene Oxide
- Styrenics
- Polymethyl Methacrylate (PMMA)
- Polyethylene Terephthalate Copolymer (PETG)
- Polyethylene
- Polycarbonate
- Polypropylene
- Poly Vinyl Chloride (PVC)
South Korea Medical Plastic Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2024 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 737.73 USD Million |
| Market Value in 2032 | 1,847.21 USD Million |
| CAGR (2025-2032) | 12.30% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Type/Polymer |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 737.73 USD Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 737.73 USD Million in 2024.
Segments and Scope
-
South Korea Medical Plastic Market to 2032, By Application
- Medical Devices is the largest segment in South Korea Medical Plastic Market to 2032 with a revenue of 284.87 USD Million in the year 2024.
- Medical Devices is the Fastest growing segment in South Korea Medical Plastic Market to 2032 with a Growth rate of 12.61 % in forecast period 2025-2032.
-
South Korea Medical Plastic Market to 2032, By Type/Polymer
- Poly Vinyl Chloride (PVC) is the largest segment in South Korea Medical Plastic Market to 2032 with a revenue of 126.77 USD Million in the year 2024.
- Polypropylene is the Fastest growing segment in South Korea Medical Plastic Market to 2032 with a Growth rate of 12.83 % in forecast period 2025-2032.
South Korea Medical Plastic Market Company Share Analysis
| Company Name |
|
||
| SABIC | |||
| BASF SE | |||
| Covestro AG | |||
| Dow | |||
| Mitsubishi Chemical Group Corporation | |||
South Korea Medical Plastic Market Geographical Sales Distribution, 2018-2032 USD Million
South Korea Medical Plastic Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Medical Plastic Market is segmented based on Segmentation Application,Type/Polymer.
South Korea Medical Plastic Market was valued at USD 737.73(Revenue in USD Million) in 2024.
South Korea Medical Plastic Market is projected to grow at a CAGR of 12.30% during the forecast period of 2024 to 2032.
The Medical Devices segment is expected to dominate the South Korea Medical Plastic Market, holding a largest market share of 284.87 USD Million in 2024
South Korea Medical Plastic Market Scope
South Korea Medical Plastic Market Segmentation & Scope
Application
- Others
- Implants
- Medical Devices Packaging
- Medical Supplies and Consumables
- Medical Devices
Type/Polymer
- Others
- Biomaterials
- Liquid Crystal Polymer
- Sulfones
- Cellulose Based
- Acetal
- PEKK
- PMS
- Fluoropolymers
- Polyurethane
- Thermoplastic Elastomers
- Thermoset Elastomers
- Polyamide
- Polyester
- Polyetheretherketone (PEEK)
- Polypropylene Oxide
- Styrenics
- Polymethyl Methacrylate (PMMA)
- Polyethylene Terephthalate Copolymer (PETG)
- Polyethylene
- Polycarbonate
- Polypropylene
- Poly Vinyl Chloride (PVC)
Frequently Asked Questions
The South Korea Medical Plastic Market is segmented based on Segmentation Application,Type/Polymer.
South Korea Medical Plastic Market was valued at USD 737.73(Revenue in USD Million) in 2024.
South Korea Medical Plastic Market is projected to grow at a CAGR of 12.30% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Medical Plastic Market for final year is USD 1,847.21 (USD Million).
South Korea Medical Plastic Market Company Profiling
Frequently Asked Questions
The South Korea Medical Plastic Market is segmented based on Segmentation Application,Type/Polymer.
South Korea Medical Plastic Market was valued at USD 737.73(Revenue in USD Million) in 2024.
South Korea Medical Plastic Market is projected to grow at a CAGR of 12.30% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Medical Plastic Market for final year is USD 1,847.21 (USD Million).
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