The market is dominated by domestic suppliers, as imports account for 19.4% of total market size in 2025. B2B drives market demand, with B2B spending representing 100% of total demand in 2025. South Korea has the second largest market size for basic chemicals regionally, with demand reaching USD135 billion in 2025. Sk Global Chemical Co Ltd is the largest company in South Korea, generating 8.8% of the industry’s total production value in 2025. The industry is fragmented, with the top five companies generating 29.9% of total production value in 2025. The total number of companies increases in 2025, to 1,757 units. The costs of the industry increase by 5.3% in 2025, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 5.4% of production value in 2025, the 19th highest regionally. The industry’s exports share decreases in 2025 to 19.7% of total production output. With production value of USD131 billion, South Korea accounts for 12.6% of the Asia Pacific total in 2025.
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Overview:
This Euromonitor industrial report provides unique information on Basic Chemicals in South Korea: ISIC 2411. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Basic Chemicals in South Korea: ISIC 2411 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Chemical Products in South Korea report includes:
- Five year forecasts on industry’s historic trends and growth
- Insights on key factors shaping industry’s historic and future performance
- Historic data on industry’s turnover, market size, imports and exports
- Detailed overview of industry’s supply and demand structure
- Analysis of competitive landscape changes within the industry
This report answers:
- What is the turnover of the Chemical Products?
- How the Chemical Products will perform in the future?
- Which categories are driving industry's growth?
- Which factors will shape industry’s performance?
- What is the industry’s costs and demand structure?
- How profitable is the industry?
- Is industry’s competitive landscape concentrated or fragmented?
Basic Chemicals in South Korea: ISIC 2411
Headlines
Market Overview
Chemical Products
This is the aggregation of basic chemicals, fertilisers and nitrogen compounds, man-made fibers, paints and varnishes, pesticides and other agro-chemical products, photochemicals, explosives and other chemicals, plastic in primary forms and synthetic rubber.
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