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Fine Chemicals

Korea’s fine chemical industry is the world’s fifth largest and four Korean companies − LG Chem, Lotte Chemical, SK Innovation and Hanhwa Chemical − ranked among the world’s top 50 chemical companies.

Korea’s fine chemical industry (2014)

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

Promising outlook for Korea’s high-tech chemical materials

Korean electronic companies, including Samsung Electronics, LG Electronics and SK Hynix are leading the global semiconductor and handset markets. The outlook for the industry is promising due to the increased demand for electric and electronic high-tech chemical materials and growth of high-tech IT devices.

Global market share changes: Key electronic devices and parts (2014)
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)

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