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South Korea Sealants - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2026-2031)

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    Report

  • 80 Pages
  • June 2026
  • Region: South Korea
  • Mordor Intelligence
  • ID: 5717106
The south korea sealants market size is projected to expand from USD 256.10 million in 2025 and USD 268.01 million in 2026 to USD 341.43 million by 2031, registering a CAGR of 4.96% during 2026-2031. This report is Segmented by Resin Type (Acrylic, Epoxy, Polyurethane, Silicone, Polysulfide, MS Polymer/Silane-Terminated, and Other Resins) and End-User Industry (Aerospace and Defense, Automotive and E-Mobility, Building and Construction, Healthcare and Medical Devices, Electronics and Semiconductor Packaging, and More). The Market Forecasts are Provided in Terms of Value (USD).

South Korea Sealants Market Trends and Insights

OEM Platform-Wide Shift to Lightweight Multi-Material Bonding

Carmakers are replacing spot welding with structural adhesives to join aluminum, carbon fiber, and ultra-high-strength steel without galvanic corrosion. Hyundai Mobis recorded an 18% year-on-year rise in adhesive and sealant use per vehicle in 2024 as modular platforms proliferated. The move increases demand for two-component epoxies that cure on moving lines and elastic MS-polymer bead sealants that absorb differential expansion. LG Chem and HL Mando signed a joint agreement in February 2025 to co-develop thermal gap fillers and insulating adhesives for ADAS electronics, underscoring convergence between sealing, thermal management, and electrical insulation.

Rapid Scaling of Prefabricated Modular Construction in High-Seismic Zones

Government-backed modular housing legislation from 2024 drives prefabrication adoption, requiring factory-applied sealants that remain watertight during lifting and seismic cycles. Demonstrations by the Korea Institute of Civil Engineering and Building Technology cut on-site labor 40% through pre-cured silicone and MS-polymer joints. The Ministry of Land, Infrastructure and Transport allocated KRW 62.4 trillion (USD 46.8 billion) for 2026, with dedicated retrofit and modular pilot funding that guarantees near-term volume lift.

Import-Price Volatility of Specialty Silicones

South Korea relies on imported chlorosilane intermediates, exposing formulators to feedstock swings. Liquid silicone rubber prices spiked in August 2025 and cooled by December, squeezing margins on fixed-price construction contracts. Wacker Chemie’s Jincheon expansion hedges some risk but still depends on imported silicon metal. Price pressure is steering commodity users toward domestically available acrylic and MS-polymer options when performance allows.

Other drivers and restraints analyzed in the detailed report include:
  • EV Battery-Pack Thermal-Gap Sealing Mandates
  • Defense Composite-Skin MRO Boom
  • Deficit of Local GMP-Grade Clean-Room Compounding Capacity

Segment Analysis

Silicone accounted for 31.50% of 2025 revenue, supported by broad operating-temperature tolerance and primer-free adhesion. The chemistry anchors curtain-wall glazing, auto powertrain gasketing, and electronics potting, preserving its leading South Korea sealants market share through 2031. Yet specification priorities are quietly shifting. Contractors replacing neutral-cure silicone with MS polymer hybrids avoid acetic-acid byproducts, cut VOCs, and protect aluminum curtain walls under stricter K-REACH thresholds. MS polymer sealants are forecast to expand at a 6.45% CAGR through 2031, as evidenced by DNV-approved shipbuilding grades such as MTG COATWEL SEAL 211 that promise faster paint-over times and low odor.

Polyurethane remains preferred in below-grade waterproofing and expansion joints thanks to superior elongation and hydrolysis resistance. Roadseal’s two-component UC-261 membrane meets KS F 3211 and secures rooftops and balconies. Epoxy chemistries dominate semiconductor underfill, die-attach, and molding compounds, where COFA’s low-CTE products cure at 80 °C while limiting warpage to protect high-bandwidth memory stacks. Acrylic latex sealants retain share in interior soundproofing and gypsum board joints but face margin pressure from commodity pricing. Polysulfide stays irreplaceable in fuel-tank sealing and marine below-waterline interfaces due to unmatched fuel and saltwater resistance, sustaining a small but lucrative niche.

Complete Report Scope:

  • By Resin Type
    • Acrylic
    • Epoxy
    • Polyurethane
    • Silicone
    • Polysulfide
    • MS Polymer/Silane-Terminated
    • Other Resins
  • By End-user Industry
    • Aerospace and Defense
    • Automotive and E-Mobility
    • Building and Construction
    • Healthcare and Medical Devices
    • Electronics and Semiconductor Packaging
    • Marine and Shipbuilding
    • Other End-user Industries

List of Companies Covered in this Report:

  • 3M
  • Arkema
  • Daeheung Chemical
  • Dongshin Polymer
  • Dow
  • GSMOA
  • HB Fuller Korea
  • Henkel AG & Co. KGaA
  • KCC Silicone Corporation
  • LG Chem
  • Lord Corporation
  • Momentive Performance Materials
  • OKONG Corp.
  • Samhwa Paints & Coatings
  • Shin-Etsu Chemical Co., Ltd.
  • Sika AG
  • Soudal Holding N.V.
  • Topseal
  • Toray Fine Chemicals
  • Wacker Chemie AG

Additional Benefits:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support

Table of Contents

1 Introduction
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2 Research Methodology3 Executive Summary
4 Market Landscape
4.1 Market Overview
4.2 Market Drivers
4.2.1 OEM platform-wide shift to lightweight multi-material bonding
4.2.2 Rapid scaling of prefabricated modular construction in high-seismic zones
4.2.3 EV battery-pack thermal-gap sealing mandates
4.2.4 Defense composite-skin MRO boom
4.2.5 Aging civil infrastructure retrofit subsidies
4.3 Market Restraints
4.3.1 Import-price volatility of specialty silicones
4.3.2 Deficit of local GMP-grade clean-room compounding capacity
4.3.3 PFAS phase-out compliance costs
4.4 Value Chain Analysis
4.5 Porter’s Five Forces
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Suppliers
4.5.3 Bargaining Power of Buyers
4.5.4 Threat of Substitutes
4.5.5 Competitive Rivalry
5 Market Size and Growth Forecasts (Value)
5.1 By Resin Type
5.1.1 Acrylic
5.1.2 Epoxy
5.1.3 Polyurethane
5.1.4 Silicone
5.1.5 Polysulfide
5.1.6 MS Polymer/Silane-Terminated
5.1.7 Other Resins
5.2 By End-user Industry
5.2.1 Aerospace and Defense
5.2.2 Automotive and E-Mobility
5.2.3 Building and Construction
5.2.4 Healthcare and Medical Devices
5.2.5 Electronics and Semiconductor Packaging
5.2.6 Marine and Shipbuilding
5.2.7 Other End-user Industries
6 Competitive Landscape
6.1 Market Concentration
6.2 Strategic Moves
6.3 Market Share(%)/Ranking Analysis
6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Products and Services, and Recent Developments)
6.4.1 3M
6.4.2 Arkema
6.4.3 Daeheung Chemical
6.4.4 Dongshin Polymer
6.4.5 Dow
6.4.6 GSMOA
6.4.7 HB Fuller Korea
6.4.8 Henkel AG & Co. KGaA
6.4.9 KCC Silicone Corporation
6.4.10 LG Chem
6.4.11 Lord Corporation
6.4.12 Momentive Performance Materials
6.4.13 OKONG Corp.
6.4.14 Samhwa Paints & Coatings
6.4.15 Shin-Etsu Chemical Co., Ltd.
6.4.16 Sika AG
6.4.17 Soudal Holding N.V.
6.4.18 Topseal
6.4.19 Toray Fine Chemicals
6.4.20 Wacker Chemie AG
7 Market Opportunities and Future Outlook
7.1 White-space and Unmet-Need Assessment

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • 3M
  • Arkema
  • Daeheung Chemical
  • Dongshin Polymer
  • Dow
  • GSMOA
  • HB Fuller Korea
  • Henkel AG & Co. KGaA
  • KCC Silicone Corporation
  • LG Chem
  • Lord Corporation
  • Momentive Performance Materials
  • OKONG Corp.
  • Samhwa Paints & Coatings
  • Shin-Etsu Chemical Co., Ltd.
  • Sika AG
  • Soudal Holding N.V.
  • Topseal
  • Toray Fine Chemicals
  • Wacker Chemie AG