South Korea Thermoplastic Elastomer Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2025-2032)

South Korea Thermoplastic Elastomer Market is Segmented By Product Type (Styrenic Block Copolymer, T...

South Korea Thermoplastic Elastomer Market Size

Market Size in USD Mn

CAGR5.7%

Study Period2025-2032
Base Year of Estimation2024
CAGR5.7%
Market ConcentrationHigh
Major PlayersKumho Petrochemical, Samsung Sdi Co., Ltd, S K Global companies, Songwon Industries, LG Chem and Among Others
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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South Korea Thermoplastic Elastomer Market Analysis

The South Korea Thermoplastic Elastomer Market is estimated to be valued at USD 539.7 Mn in 2025 and is expected to reach USD 795.6 Mn by 2032, growing at a CAGR of 5.7% from 2025 to 2032.

Automotive production and sales have been increasing in the country which is expected to drive the demand for these materials during the forecast period.

South Korea Thermoplastic Elastomer Market Report Snapshots

South Korea Thermoplastic Elastomer Market Size