Korea Cellulose Ether and Derivatives Market Size & Outlook, 2025-2027
Korea Cellulose Ether and Derivatives Market Size
According to Straits Research analysis, the Korea Cellulose Ether and Derivatives Market was valued at USD 226.92 Million in 2024 and is projected to reach USD 269.98 Million by 2027, expanding at a CAGR of 6.1% during the forecast period. The key drivers for this market stem from several sectors such as agriculture for crop protection chemicals, the energy sector for drilling fluids, and the construction industry for cement and mortar. Furthermore, emerging trends focusing on low-carbon production and sustainable practices are also propelling the market forward. Technological advancements leading to higher efficiency and export potential are also seen as opportunities in this field. Korea is strategically positioning itself as a hub for green production of cellulose ether and its derivatives, thus enhancing its regional competitiveness.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Korea Cellulose Ether and Derivatives Market Highlights
- Within the Product Type category, Methyl Cellulose and Derivatives dominated in 2024 in terms of market size contribution.
- Over the forecast period, Methyl Cellulose and Derivatives is forecasted to deliver the fastest growth, positioning it as the most lucrative Product Type segment.
- As of 2024, Korea held 3.57% of the global cellulose ether and derivatives market size.
- By 2027, China is anticipated to capture the largest share of the global cellulose ether and derivatives market.
- In Asia Pacific, China is expected to lead the regional cellulose ether and derivatives market size by 2027.
- India will remain the fastest-growing market in Asia Pacific, reaching USD 2354.6 Million by 2027.
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Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2021-2027 |
| Historical Period | 2021-2023 |
| Forecast Period | 2025-2027 |
| Market Size In 2024 | USD 226.92 Million |
| Market Size In 2027 | USD 269.98 Million |
| Largest segment | Methyl Cellulose and Derivatives |
| Fastest segment | Methyl Cellulose and Derivatives |
| Units | Revenue in USD Million |
| CAGR | 6.1% (2025-2027) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Korea Cellulose Ether and Derivatives Market Share By Product Type
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Product Type |
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| Application |
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Korea Cellulose Ether and Derivatives Market By Product Type 2027
Source: Straits Research Analysis Company Publications, Primary Interviews.
Korea Cellulose Ether and Derivatives Market By Application 2027
Source: Straits Research Analysis Company Publications, Primary Interviews.
