Summary

South Korea Chemicals Market Summary, Competitive Analysis and Forecast, 2017-2026

Summary

Chemicals in South Korea industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- The chemicals market consists of speciality chemicals, commodity chemicals, agricultural chemicals, and other chemicals (which include products such as pharmaceutical chemicals).
- The South Korean chemicals market had total revenues of $82.9 billion in 2021, representing a compound annual growth rate (CAGR) of 0.5% between 2016 and 2021.
- The commodity chemicals segment accounted for the largest proportion of the market in 2021, with total revenues of $65.0 billion, equivalent to 78.4% of the market's overall value.
- Petrochemicals have traditionally dominated South Korea’s chemicals market, with as much as 70% of total chemical revenues generated from the segment.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the chemicals market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the chemicals market in South Korea
- Leading company profiles reveal details of key chemicals market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea chemicals market with five year forecasts by both value and volume

Reasons to Buy

- What was the size of the South Korea chemicals market by value in 2021?
- What will be the size of the South Korea chemicals market in 2026?
- What factors are affecting the strength of competition in the South Korea chemicals market?
- How has the market performed over the last five years?
- Who are the top competitors in South Korea's chemicals market?

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Table of Contents

Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive Landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What have been the most significant mergers and acquisitions recently?
7.3. What strategies do the leading players follow?
7.4. What impact did the COVID-19 pandemic have on market players?
8 Company Profiles
8.1. BASF SE
8.2. LG Chem Ltd
8.3. Lotte Chemical Corp
8.4. SK Chemicals Co., Ltd.
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine