The import of adhesives based on rubber or plastic to South Korea stood at 24.627 million kilograms in 2023. Forecasted data reveals a steady increase over the next five years, with imports expected to reach 26.835 million kilograms by 2028. This indicates a gradual upward trend in demand. Year-on-year, the data suggests the following variations: from 2024 to 2025, a 2.31% increase; from 2025 to 2026, a 2.21% increase; from 2026 to 2027, a 2.12% increase; and from 2027 to 2028, a 2.04% increase. The Compound Annual Growth Rate (CAGR) over the five-year period is approximately 1.98%.
Future trends to watch for include advancements in adhesive technology, which may drive demand higher, and changes in industrial and consumer needs. Additionally, supply chain dynamics and international trade policies may impact future import volumes.
