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)
$27,173.7
CAGR, 2025 - 2030
5.1%
Report Coverage
South Korea
South Korea specialty chemicals market, 2018-2030 (US$M)
Related Markets
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 2024 | USD 20,166.9 million |
| Market revenue in 2030 | USD 27,173.7 million |
| Growth rate | 5.1% (CAGR from 2025 to 2030) |
| Largest segment | Case |
| Fastest growing segment | Institutional & Industrial Cleaners |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | CASE, 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 worldwide | Solvay 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
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Specialty Chemicals Market Companies
| Name | Profile | # Employees | HQ | Website |
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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)
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