According to our industry analysis, the total sales of powdered cellulose in Korea is set to garner a revenue of around US$ 9.10 million in 2023. The demand for powdered cellulose in Korea is expected to rise at 11% CAGR over the next ten years, concluding at US$ 25.84 million by 2033.
| Attributes | Details |
|---|---|
| Industry Size of Korea in 2023 | US$ 9.10 million |
| Expected Industry Size of Korea by 2033 | US$ 25.84 million |
| Forecasted CAGR between 2023 to 2033 | 11.0% |
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The food-grade segment is anticipated to capture around 34.5% of total powdered cellulose sales in Korea in 2023.
| Powdered Cellulose in Korea based on Grade Type | Food Grade |
|---|---|
| Total Share (2023) | 34.5% |
Food-grade cellulose is a highly useful ingredient in the food manufacturing industry for improving the texture, moisture retention, and shelf life of prepared food items. Therefore, this segment is projected to expand further to satisfy the growing need for adaptable ingredients, given the surging food industry in the country.
Soft or hardwood pulps, being more readily available, contribute to a significant portion of powdered cellulose production in Korea, expected to capture around 34.2% in 2023.
| Powdered Cellulose in Korea based on Source Type | Soft and Hard Wood Pulp |
|---|---|
| Total Share (2023) | 34.2% |
Soft and hardwood pulp, the sources of powdered cellulose, are frequently byproducts of the agricultural sector, making them the cheaper source segment. Also, utilizing these sustainable and renewable resources aligns with the growing trends of ecologically favorable and responsible consumerism.
The overall competitive landscape for powdered cellulose manufacturers and sellers in Korea is relatively less competitive than in other parts of the world. Some long-established industries capture a sizable share of the total powdered cellulose demand in the country. As Korean citizens are looking for packaged food products with fewer ingredients and clear labels, powdered cellulose suppliers in the country are adopting this trend more.
Recent Developments in the Powdered Cellulose Industry in Korea
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| Attribute | Details |
|---|---|
| Estimated Industry Size in 2023 | US$ 9.10 million |
| Projected Industry Size by 2033 | US$ 25.84 million |
| Anticipated CAGR between 2023 to 2033 | 11.0% CAGR |
| Historical Analysis of Demand for Powdered Cellulose in Korea | 2018 to 2022 |
| Demand Forecast for Powdered Cellulose in Korea | 2023 to 2033 |
| Report Coverage | Industry Size, Industry Trends, Analysis of key factors influencing the adoption of Powdered Cellulose in Korea, Insights on Global Players and their Industry Strategy in Korea , Ecosystem Analysis of Local and Korea Providers |
| Key Companies Profiled | Borregaard Korea Co., Ltd.; Daesun Specialty Chemicals Co., Ltd.; Dongwha Chemical Co., Ltd.; Hanwha Total Chemicals Co., Ltd.; Hyosung Advanced Materials Co., Ltd.; Keongdeung Industrial Co., Ltd.; Kolon Industries, Inc.; LG Chem, Ltd.; Lotte Chemical Corp.; Namyang Fine Chemical Co., Ltd.; OCI Chemical Corp.; POSCO Chemical Co., Ltd.; Samsung SDI Co., Ltd.; Ssangyong Chemicals Co., Ltd.; SK Chemicals Co., Ltd.; DKS Co., Ltd. |
| Key Provinces Analyzed while Studying Opportunities in Powdered Cellulose in Korea | South Gyeongsang; North Jeolla; South Jeolla; Jeju |
The anticipated CAGR for powdered cellulose in Korea through 2033 is 11.0%.
Powdered cellulose business revenue in Korea is likely to be around US$ 25.84 million by 2033.
Powdered cellulose suppliers are targeting pharmaceutical sector to boost sales.
Food Grade powdered cellulose accounts for 34.5% revenue share in Korea in 2023.
Soft and hard wood pulp currently provides for 34.2% of total production in Korea.
1. Executive Summary 1.1. Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Industry Analysis and Outlook 2018 to 2022 and Forecast, 2023 to 2033 4.1. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis, 2018 to 2022 4.2. Current and Future Market Size Value (US$ Million) & Volume (Tons) Projections, 2023 to 2033 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Source 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Source, 2018 to 2022 5.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Source, 2023 to 2033 5.3.1. Soft & Hard Wood Pulp 5.3.1.1. Food & Beverage Industry 5.3.1.2. Pharmaceuticals 5.3.1.3. Cosmetics 5.3.1.4. Construction Industry 5.3.1.5. Chemical Industry 5.3.1.6. Leather Industry 5.3.1.7. Textile Industry 5.3.1.8. Paper Industry 5.3.2. Cotton Linter Pulp 5.3.2.1. Food & Beverage Industry 5.3.2.2. Pharmaceuticals 5.3.2.3. Cosmetics 5.3.2.4. Construction Industry 5.3.2.5. Chemical Industry 5.3.2.6. Leather Industry 5.3.2.7. Textile Industry 5.3.2.8. Paper Industry 5.3.3. Bamboo 5.3.3.1. Food & Beverage Industry 5.3.3.2. Pharmaceuticals 5.3.3.3. Cosmetics 5.3.3.4. Construction Industry 5.3.3.5. Others 5.3.4. Wheat Straw Pulp 5.3.4.1. Food & Beverage Industry 5.3.4.2. Pharmaceuticals 5.3.4.3. Cosmetics 5.3.4.4. Construction Industry 5.3.4.5. Others 5.3.5. Others 5.4. Y-o-Y Growth Trend Analysis By Source, 2018 to 2022 5.5. Absolute $ Opportunity Analysis By Source, 2023 to 2033 6. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By End-use 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By End-use, 2018 to 2022 6.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By End-use, 2023 to 2033 6.3.1. Food & Beverage Industry 6.3.1.1. Bakery & Confectionery 6.3.1.2. Meat & Poultry Products 6.3.1.3. Sauces & Dressings 6.3.1.4. Beverages 6.3.1.5. Processed Food 6.3.1.6. Dairy Products 6.3.1.7. Others 6.3.2. Pharmaceuticals 6.3.3. Cosmetics 6.3.4. Construction Industry 6.3.5. Chemical Industry 6.3.6. Leather Industry 6.3.7. Textile Industry 6.3.8. Paper Industry 6.4. Y-o-Y Growth Trend Analysis By End-use, 2018 to 2022 6.5. Absolute $ Opportunity Analysis By End-use, 2023 to 2033 7. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Functionality 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Functionality, 2018 to 2022 7.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Functionality, 2023 to 2033 7.3.1. Thickener 7.3.2. Stabilizer 7.3.3. Emulsifier 7.3.4. Gelling 7.3.5. Coating Agent 7.3.6. Others 7.4. Y-o-Y Growth Trend Analysis By Functionality, 2018 to 2022 7.5. Absolute $ Opportunity Analysis By Functionality, 2023 to 2033 8. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region 8.1. Introduction 8.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Region, 2018 to 2022 8.3. Current Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Region, 2023 to 2033 8.3.1. South Gyeongsang 8.3.2. North Jeolla 8.3.3. South Jeolla 8.3.4. Jeju 8.3.5. Rest of Korea 8.4. Market Attractiveness Analysis By Region 9. South Gyeongsang Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 9.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022 9.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033 9.2.1. By Source 9.2.2. By End-use 9.2.3. By Functionality 9.3. Market Attractiveness Analysis 9.3.1. By Source 9.3.2. By End-use 9.3.3. By Functionality 9.4. Key Takeaways 10. North Jeolla Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 10.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022 10.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033 10.2.1. By Source 10.2.2. By End-use 10.2.3. By Functionality 10.3. Market Attractiveness Analysis 10.3.1. By Source 10.3.2. By End-use 10.3.3. By Functionality 10.4. Key Takeaways 11. South Jeolla Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 11.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022 11.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033 11.2.1. By Source 11.2.2. By End-use 11.2.3. By Functionality 11.3. Market Attractiveness Analysis 11.3.1. By Source 11.3.2. By End-use 11.3.3. By Functionality 11.4. Key Takeaways 12. Jeju Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 12.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022 12.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033 12.2.1. By Source 12.2.2. By End-use 12.2.3. By Functionality 12.3. Market Attractiveness Analysis 12.3.1. By Source 12.3.2. By End-use 12.3.3. By Functionality 12.4. Key Takeaways 13. Rest of Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 13.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022 13.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033 13.2.1. By Source 13.2.2. By End-use 13.2.3. By Functionality 13.3. Market Attractiveness Analysis 13.3.1. By Source 13.3.2. By End-use 13.3.3. By Functionality 13.4. Key Takeaways 14. Market Structure Analysis 14.1. Competition Dashboard 14.2. Competition Benchmarking 14.3. Market Share Analysis of Top Players 14.3.1. By Regional 14.3.2. By Source 14.3.3. By End-use 14.3.4. By Functionality 15. Competition Analysis 15.1. Competition Deep Dive 15.1.1. HNB BIO CO., LTD 15.1.1.1. Overview 15.1.1.2. Product Portfolio 15.1.1.3. Profitability by Market Segments 15.1.1.4. Sales Footprint 15.1.1.5. Strategy Overview 15.1.1.5.1. Marketing Strategy 15.1.1.5.2. Product Strategy 15.1.1.5.3. Channel Strategy 15.1.2. J. Rettenmaier & Söhne GmbH + Co KG 15.1.2.1. Overview 15.1.2.2. Product Portfolio 15.1.2.3. Profitability by Market Segments 15.1.2.4. Sales Footprint 15.1.2.5. Strategy Overview 15.1.2.5.1. Marketing Strategy 15.1.2.5.2. Product Strategy 15.1.2.5.3. Channel Strategy 15.1.3. CFF GmbH & Co. KG 15.1.3.1. Overview 15.1.3.2. Product Portfolio 15.1.3.3. Profitability by Market Segments 15.1.3.4. Sales Footprint 15.1.3.5. Strategy Overview 15.1.3.5.1. Marketing Strategy 15.1.3.5.2. Product Strategy 15.1.3.5.3. Channel Strategy 15.1.4. Jelu-Werk J. Heeler GmbH & Co KG 15.1.4.1. Overview 15.1.4.2. Product Portfolio 15.1.4.3. Profitability by Market Segments 15.1.4.4. Sales Footprint 15.1.4.5. Strategy Overview 15.1.4.5.1. Marketing Strategy 15.1.4.5.2. Product Strategy 15.1.4.5.3. Channel Strategy 15.1.5. InterFiber Sp. Z.O.O 15.1.5.1. Overview 15.1.5.2. Product Portfolio 15.1.5.3. Profitability by Market Segments 15.1.5.4. Sales Footprint 15.1.5.5. Strategy Overview 15.1.5.5.1. Marketing Strategy 15.1.5.5.2. Product Strategy 15.1.5.5.3. Channel Strategy 15.1.6. Ankit Pulps and Boards PVT. LTD 15.1.6.1. Overview 15.1.6.2. Product Portfolio 15.1.6.3. Profitability by Market Segments 15.1.6.4. Sales Footprint 15.1.6.5. Strategy Overview 15.1.6.5.1. Marketing Strategy 15.1.6.5.2. Product Strategy 15.1.6.5.3. Channel Strategy 15.1.7. Accent Microcell Pvt. Ltd., 15.1.7.1. Overview 15.1.7.2. Product Portfolio 15.1.7.3. Profitability by Market Segments 15.1.7.4. Sales Footprint 15.1.7.5. Strategy Overview 15.1.7.5.1. Marketing Strategy 15.1.7.5.2. Product Strategy 15.1.7.5.3. Channel Strategy 15.1.8. NB Entrepreneurs 15.1.8.1. Overview 15.1.8.2. Product Portfolio 15.1.8.3. Profitability by Market Segments 15.1.8.4. Sales Footprint 15.1.8.5. Strategy Overview 15.1.8.5.1. Marketing Strategy 15.1.8.5.2. Product Strategy 15.1.8.5.3. Channel Strategy 15.1.9. Mikro-Technik GmbH & Co KG, 15.1.9.1. Overview 15.1.9.2. Product Portfolio 15.1.9.3. Profitability by Market Segments 15.1.9.4. Sales Footprint 15.1.9.5. Strategy Overview 15.1.9.5.1. Marketing Strategy 15.1.9.5.2. Product Strategy 15.1.9.5.3. Channel Strategy 15.1.10. Central Drug House (P) Ltd, 15.1.10.1. Overview 15.1.10.2. Product Portfolio 15.1.10.3. Profitability by Market Segments 15.1.10.4. Sales Footprint 15.1.10.5. Strategy Overview 15.1.10.5.1. Marketing Strategy 15.1.10.5.2. Product Strategy 15.1.10.5.3. Channel Strategy 15.1.11. Natural Fiber Solutions 15.1.11.1. Overview 15.1.11.2. Product Portfolio 15.1.11.3. Profitability by Market Segments 15.1.11.4. Sales Footprint 15.1.11.5. Strategy Overview 15.1.11.5.1. Marketing Strategy 15.1.11.5.2. Product Strategy 15.1.11.5.3. Channel Strategy 15.1.12. Parnacell Chemical Pvt. Ltd. 15.1.12.1. Overview 15.1.12.2. Product Portfolio 15.1.12.3. Profitability by Market Segments 15.1.12.4. Sales Footprint 15.1.12.5. Strategy Overview 15.1.12.5.1. Marketing Strategy 15.1.12.5.2. Product Strategy 15.1.12.5.3. Channel Strategy 15.1.13. AROMATICS. 15.1.13.1. Overview 15.1.13.2. Product Portfolio 15.1.13.3. Profitability by Market Segments 15.1.13.4. Sales Footprint 15.1.13.5. Strategy Overview 15.1.13.5.1. Marketing Strategy 15.1.13.5.2. Product Strategy 15.1.13.5.3. Channel Strategy 15.1.14. Maple Biotech Pvt. Ltd 15.1.14.1. Overview 15.1.14.2. Product Portfolio 15.1.14.3. Profitability by Market Segments 15.1.14.4. Sales Footprint 15.1.14.5. Strategy Overview 15.1.14.5.1. Marketing Strategy 15.1.14.5.2. Product Strategy 15.1.14.5.3. Channel Strategy 15.1.15. FineCell Sweden AB 15.1.15.1. Overview 15.1.15.2. Product Portfolio 15.1.15.3. Profitability by Market Segments 15.1.15.4. Sales Footprint 15.1.15.5. Strategy Overview 15.1.15.5.1. Marketing Strategy 15.1.15.5.2. Product Strategy 15.1.15.5.3. Channel Strategy 16. Assumptions & Acronyms Used 17. Research Methodology
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Powdered Cellulose Industry Analysis in Korea
