South Korea Aramid Fiber Market Size & Outlook, 2024-2030
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South Korea aramid fiber market highlights
- The South Korea aramid fiber market generated a revenue of USD 60.2 million in 2024 and is expected to reach USD 88.5 million by 2030.
- The South Korea market is expected to grow at a CAGR of 6.6% from 2025 to 2030.
- In terms of segment, para-aramid was the largest revenue generating product in 2024.
- Meta-aramid is the most lucrative product segment registering the fastest growth during the forecast period.
Aramid fiber market data book summary
| Market revenue in 2024 | USD 60.2 million |
| Market revenue in 2030 | USD 88.5 million |
| Growth rate | 6.6% (CAGR from 2025 to 2030) |
| Largest segment | Para-aramid |
| Fastest growing segment | Meta-aramid |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Para-aramid, Meta-aramid |
| Key market players worldwide | Teijin Ltd, DuPont de Nemours Inc, Toray Industries Inc, Kernel Holding SA, Kolon Industries, Huvis, China National Bluestar Group |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.4% of the global aramid fiber market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China aramid fiber market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 187.3 million by 2030.
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Aramid Fiber Market Scope
Aramid Fiber Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| China National Bluestar Group | View profile | 10001+ | Beijing, Beijing, China, Asia | http://www.china-bluestar.com/ |
| Huvis | View profile | 501-1000 | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | http://www.huvis.com |
| Kolon Industries | View profile | 1001-5000 | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | http://www.kolonindustries.com/ |
| Teijin Ltd | View profile | 24499 | 6-7, Minami Hommachi 1-chome, Chuo-ku, Osaka, Japan, 541-8587 | http://www.teijin.co.jp |
| Toray Industries Inc | View profile | 48682 | Nihonbashi Mitsui Tower 2-1-1, Nihonbashi Muromach, Chuo-ku, Tokyo, Japan, 103-8666 | http://www.toray.co.jp |
| DuPont de Nemours Inc | View profile | 24000 | 974 Centre Road, Building 730, Wilmington, DE, United States, 19805 | https://www.dupont.com |
| Kernel Holding SA | View profile | 10733 | 3 Tarasa Shevchenka Lane, Kyiv, Ukraine, 01001 | https://www.kernel.ua |
South Korea aramid fiber market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aramid fiber market will help companies and investors design strategic landscapes.
Para-aramid was the largest segment with a revenue share of 80.4% in 2024. Horizon Databook has segmented the South Korea aramid fiber market based on para-aramid, meta-aramid covering the revenue growth of each sub-segment from 2018 to 2030.
In South Korea, growing investments in steel manufacturing and energy systems are expected to remain a key driver for industrial growth in the region. Major industries contributing to the economic growth of this country include electronics equipment, vehicle manufacturing, medical, plastics, iron & steel. Growing concern toward occupational injuries such as amputation, caught in equipment and exposure toxic gases is expected to drive PPE demand over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea aramid fiber market , including forecasts for subscribers. This country databook contains high-level insights into South Korea aramid fiber market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea aramid fiber market size, by product, 2018-2030 (US$M)
South Korea Aramid Fiber Market Outlook Share, 2024 & 2030 (US$M)
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