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Specialty Chemicals

Korea has the fifth largest specialty chemicals industry in the world,
with four companies ranking in the world's top 50.

Korea's Ranking in Specialty Chemicals (2015)

World’s 5th largest(sales)

Four Korean companies ranked
among the world’s top 50 chemical companies:

Hanwha chamical 45th
sk innovation 31st
Lotte CHEMICAL 23rd
LG CHEM 13rd

* Source: CEFIC

Outlook for Korea's Specialty Chemicals Sectors

The outlook for Korea's specialty chemicals industry is promising as Korean electronic companies lead the world in industrial fields that require specialty chemicals, such as DRAM chips, displays, small secondary batteries and cellular phones.

1st DRAM(Samsung electronix, hynix)
1st Display(Samsung electronix, LG Display)
1st Small rechargeable battery(Samsung electronix, LG화학)
1st Handset(Samsung electronix, LG Electronics, PANTECH)

* Source: Korea Institute for Industrial Economics & Trade, the Overseas Economic Research Institute of The Export-Import Bank of Korea (2014)