Rubber Plasticizer Market Size Key Players Analysis Korea

  • Rubber Plasticizer Market Size Key Players Analysis Korea
  • Rubber Plasticizer Market Size Key Players Analysis Korea
  • Rubber Plasticizer Market Size Key Players Analysis Korea
  • Why did the South Korean rubber & plastic industry decline in 2018?
  • The South Korean rubber and plastic industry experienced a declining trend in 2018, as two of the largest South Korean car brands continued to move their manufacturing capacity to developing countries such as Mexico and India. This significant shift resulted in shrinking B2B demand for plastic and rubber products.
  • How is the rubber and plastic industry different in Asia Pacific?
  • Although the rubber and plastic industry in Asia Pacific is dominated by small companies, large- and medium-sized companies lead in terms of revenue generation. While the plastic products industry is heavily fragmented in the region, rubber production is more concentrated, especially in India and Japan.
  • Which countries produce the most rubber & plastic?
  • With production of USD967 billion, Asia Pacific was the largest rubber and plastic producer globally in 2020. Regional production of rubber and plastic products remains highly concentrated in China, Japan and South Korea.
  • What is rubber & plastic?
  • Rubber and Plastic is an aggregation of Plastic and Rubber products. © 2024 Euromonitor is privately owned & trademarked. VAT No. GB: 239-2559-40 Registered in England No. 1040587 Purchase the Plastic Products in South Korea: ISIC 252 Passport Industrial as part of our Rubber and Plastic research for July 2024.
  • Is Asia Pacific a good place to invest in rubber & plastic?
  • Asia Pacific is the leading region in the global rubber and plastic industry, accounting for over half of global output. Thanks to a strong economic rebound, a rapidly growing manufacturing base and pent-up demand, Asia Pacific is forecast to reach pre-pandemic levels in 2021 and drive global industry recovery in coming years.

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