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Bioplastics in South Korea

Publisher GlobalData
Published May 15, 2025
Length 43 Pages
SKU # GBDT20349544

Description

Bioplastics in South Korea

Summary

Bioplastics in South Korea industry profile provides top-line qualitative and quantitative

summary

information including: market share, market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • Bioplastics are a type of plastic material that is derived from renewable sources such as plants, agricultural by-products, and microorganisms. These materials are used as alternatives to traditional plastics, which are made from fossil fuels. Bioplastics are manufactured using biological materials and processes, making them more sustainable and environmentally friendly.
  • The South Korean bioplastics market recorded revenues of $155.6 million in 2024, representing a compound annual growth rate (CAGR) of 11.2% between 2019 and 2024.
  • Market consumption volume increased with a CAGR of 12.2% between 2019 and 2024, reaching a total of 86.7 thousand tonnes in 2024.
  • South Korea accounted for a 2.9% share of the Asia-Pacific bioplastics market in 2024.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the bioplastics market in South Korea
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the bioplastics market in South Korea
  • Leading company profiles reveal details of key bioplastics market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the South Korea bioplastics market with five year forecasts
Reasons to Buy
  • What was the size of the South Korea bioplastics market by value in 2024?
  • What will be the size of the South Korea bioplastics market in 2029?
  • What factors are affecting the strength of competition in the South Korea bioplastics market?
  • How has the market performed over the last five years?
  • Who are the top competitors in South Korea's bioplastics market?

Table of Contents

43 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the key strengths of the leading players?
7.3. What strategies do the leading players follow?
7.4. What are the recent developments in the market?
8 Company Profiles
8.1. BASF SE
8.2. Corbion NV
8.3. Eastman Chemical Co
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related GlobalData research
10.4. About GlobalData
List of Tables
Table 1: South Korea bioplastics market value: $ million, 2019-24
Table 2: South Korea bioplastics market volume: thousand tonnes, 2019-24
Table 3: South Korea bioplastics market category segmentation: % share, by volume, 2019-24
Table 4: South Korea bioplastics market category segmentation: thousand tonnes, 2019-24
Table 5: South Korea bioplastics market geography segmentation: $ million, 2024
Table 6: South Korea bioplastics market value forecast: $ million, 2024-29
Table 7: South Korea bioplastics market volume forecast: thousand tonnes, 2024-29
Table 8: BASF SE: Key Facts
Table 9: BASF SE: annual financial ratios
Table 10: BASF SE: key employees
Table 11: Corbion NV: Key Facts
Table 12: Corbion NV: annual financial ratios
Table 13: Corbion NV: key employees
Table 14: Eastman Chemical Co: Key Facts
Table 15: Eastman Chemical Co: annual financial ratios
Table 16: Eastman Chemical Co: key employees
Table 17: South Korea Exchange Rate, 2019-24
List of Figures
Figure 1: South Korea bioplastics market value: $ million, 2019-24
Figure 2: South Korea bioplastics market volume: thousand tonnes, 2019-24
Figure 3: South Korea bioplastics market category segmentation: thousand tonnes, 2019-24
Figure 4: South Korea bioplastics market geography segmentation: % share, by value, 2024
Figure 5: South Korea bioplastics market value forecast: $ million, 2024-29
Figure 6: South Korea bioplastics market volume forecast: thousand tonnes, 2024-29
Figure 7: Forces driving competition in the bioplastics market in South Korea, 2024
Figure 8: Drivers of buyer power in the bioplastics market in South Korea, 2024
Figure 9: Drivers of supplier power in the bioplastics market in South Korea, 2024
Figure 10: Factors influencing the likelihood of new entrants in the bioplastics market in South Korea, 2024
Figure 11: Factors influencing the threat of substitutes in the bioplastics market in South Korea, 2024
Figure 12: Drivers of degree of rivalry in the bioplastics market in South Korea, 2024

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