South Korea Specialty Chemicals Market Size & Outlook

The specialty chemicals market in South Korea is expected to reach a projected revenue of US$ 27,173.7 million by 2030. A compound annual growth rate of 5.1% is expected of South Korea specialty chemicals market from 2025 to 2030.
Revenue, 2024 (US$M)
$20,166.9
Forecast, 2030 (US$M)
$27,173.7
CAGR, 2025 - 2030
5.1%
Report Coverage
South Korea

South Korea specialty chemicals market highlights

  • The South Korea specialty chemicals market generated a revenue of USD 20,166.9 million in 2024 and is expected to reach USD 27,173.7 million by 2030.
  • The South Korea market is expected to grow at a CAGR of 5.1% from 2025 to 2030.
  • In terms of segment, case was the largest revenue generating industry in 2024.
  • Institutional & Industrial Cleaners is the most lucrative industry segment registering the fastest growth during the forecast period.


Specialty chemicals market data book summary

Market revenue in 2024USD 20,166.9 million
Market revenue in 2030USD 27,173.7 million
Growth rate5.1% (CAGR from 2025 to 2030)
Largest segmentCase
Fastest growing segmentInstitutional & Industrial Cleaners
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCASE, Institutional & Industrial Cleaners, Rubber Processing Chemicals, Food & Feed Additives, Cosmetic Chemicals, Oilfield Chemicals, Specialty Pulp & Paper Chemicals, Specialty Textile Chemicals, Water Treatment Chemicals, Construction Chemicals, Electronic Chemicals, Mining Chemicals, Pharmaceutical Additives, Other Industries
Key market players worldwideSolvay SA, Evonik Industries AG, Clariant AG, Akzo Nobel NV, DuPont de Nemours Inc, Kemira Oyj, Lanxess AG, Croda International PLC, Huntsman Corp, The Lubrizol Corp, Albemarle Corp


Other key industry trends

  • In terms of revenue, South Korea accounted for 2.1% of the global specialty chemicals market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China specialty chemicals market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 89,203.3 million by 2030.

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Specialty Chemicals Market Scope

Specialty chemicals market segmentation & scope

Specialty Chemicals Market Companies

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South Korea Industry - Specialty Chemicals Market size, 2024 - 2030 (US$M)

South Korea Specialty Chemicals Market Outlook Share, 2024 & 2030 (US$M)

South Korea Industry - Specialty Chemicals Market size, 2024 - 2030 (US$M)

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