South Korea Olefins and Aromatics Market to 2032

Overview

The South Korea Olefins and Aromatics Market is expected to reach a 27.45 USD Billion by 2032 and is projected to grow at a CAGR of 5.81% from 2025 to 2032.

Revenue, 2024 (USD Billion)
18.49
Forecast, 2032 (USD Billion)
27.45
CAGR, 2024 - 2032
5.81%
Report Coverage
South Korea

South Korea Olefins and Aromatics Market 2018-2032 USD Billion

South Korea Olefins and Aromatics Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 18.49 USD Billion
  • Projected Market Size (2032): 27.45 USD Billion
  • CAGR (2025-2032): 5.81%

Key Findings of South Korea Olefins and Aromatics Market

  • The South Korea Olefins and Aromatics Market was valued at 18.49 USD Billion in 2024.
  • The South Korea Olefins and Aromatics Market is likely to grow at a CAGR of 5.81% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Packaging in Vertical Segment accounted for the largest share of the market with a revenue of 7.78 USD Billion
  • The fastest growing segment Healthcare in Vertical Segment grew Fastest with a CAGR of 6.40% during the forecast period from 2024 to 2032.

South Korea Olefins and Aromatics Market Scope

South Korea Olefins and Aromatics Market Segmentation & Scope
Vertical
  • Agriculture
  • Healthcare
  • Household
  • Others
  • Electronics and Electricals
  • Automotive
  • Building and Construction
  • Packaging
Product
  • Butadiene
  • Toluene
  • Benzene
  • Xylene
  • Propylene
  • Ethylene

South Korea Olefins and Aromatics Market Data Coverage Insights

Study Period 2024-2032
Base Year 2023
Unit Revenue in USD Billion
Market Value in 2024 18.49 USD Billion
Market Value in 2032 27.45 USD Billion
CAGR (2025-2032) 5.81%
Historic Data 2016-2023
Market Segments Covered Vertical,Product

Regional Insights:

  • Leading Market (2024-2032): South Korea, leading in terms of revenue 18.49 USD Billion in 2024
    • Key Country: South Korea, leading in terms of revenue with value of 18,489.02 USD Million in 2024.

Segments and Scope

  • South Korea Olefins and Aromatics Market to 2032, By Vertical
    • Packaging is the largest segment in South Korea Olefins and Aromatics Market to 2032 with a revenue of 7.78 USD Billion in the year 2024.
    • Healthcare is the Fastest growing segment in South Korea Olefins and Aromatics Market to 2032 with a Growth rate of 6.35 % in forecast period 2025-2032.
  • South Korea Olefins and Aromatics Market to 2032, By Product
    • Ethylene is the largest segment in South Korea Olefins and Aromatics Market to 2032 with a revenue of 7.07 USD Billion in the year 2024.
    • Propylene is the Fastest growing segment in South Korea Olefins and Aromatics Market to 2032 with a Growth rate of 5.61 % in forecast period 2025-2032.

South Korea Olefins and Aromatics Market Company Share Analysis

 
Company Name Company Share Analysis
SABIC
Exxon Mobil Corporation
Shell plc
Repsol
INEOS
South Korea Olefins and Aromatics Market Company Share Analysis

South Korea Olefins and Aromatics Market Geographical Sales Distribution, 2018-2032 USD Billion

South Korea Olefins and Aromatics Market Geographical Sales Distribution, 2018-2032 USD Billion

South Korea Olefins and Aromatics Market Company Profiling

South Korea Olefins and Aromatics Market Company Profiling
Frequently Asked Questions
The South Korea Olefins and Aromatics Market is segmented based on Segmentation Vertical,Product.
South Korea Olefins and Aromatics Market was valued at USD 18.49(Revenue in USD Billion) in 2023.
South Korea Olefins and Aromatics Market is projected to grow at a CAGR of 5.81% during the forecast period of 2024 to 2032.
The Packaging segment is expected to dominate the South Korea Olefins and Aromatics Market, holding a largest market share of 7.78 USD Billion in 2024

South Korea Olefins and Aromatics Market Scope

South Korea Olefins and Aromatics Market Segmentation & Scope
Vertical
  • Agriculture
  • Healthcare
  • Household
  • Others
  • Electronics and Electricals
  • Automotive
  • Building and Construction
  • Packaging
Product
  • Butadiene
  • Toluene
  • Benzene
  • Xylene
  • Propylene
  • Ethylene
Frequently Asked Questions
The South Korea Olefins and Aromatics Market is segmented based on Segmentation Vertical,Product.
South Korea Olefins and Aromatics Market was valued at USD 18.49(Revenue in USD Billion) in 2023.
South Korea Olefins and Aromatics Market is projected to grow at a CAGR of 5.81% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Olefins and Aromatics Market for final year is USD 27.45 (USD Billion).

South Korea Olefins and Aromatics Market Company Profiling

South Korea Olefins and Aromatics Market Company Profiling
Frequently Asked Questions
The South Korea Olefins and Aromatics Market is segmented based on Segmentation Vertical,Product.
South Korea Olefins and Aromatics Market was valued at USD 18.49(Revenue in USD Billion) in 2023.
South Korea Olefins and Aromatics Market is projected to grow at a CAGR of 5.81% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Olefins and Aromatics Market for final year is USD 27.45 (USD Billion).

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