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South Korea Chemicals Market Summary, Competitive Analysis and Forecast to 2028

Publisher MarketLine
Published Apr 05, 2024
Length 45 Pages
SKU # MTLN18746586

Description

South Korea Chemicals Market Summary, Competitive Analysis and Forecast to 2028


Summary

Chemicals in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). 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 is categorized into commodity chemicals, specialty chemicals, agriculture chemicals, and other. Market values are taken as the country's consumption of chemical products at producer selling price (PSP).
  • The South Korean chemicals market had total revenues of $148.3 billion in 2023, representing a compound annual growth rate (CAGR) of -0.1% between 2018 and 2023.
  • The commodity chemicals segment accounted for the market's largest proportion in 2023, with total revenues of $112.9 billion, equivalent to 76.1% of the market's overall value.
  • The South Korean chemical market witnessed a slow growth owing to Russia’s invasion of Ukraine. For instance, South Korea's real GDP annual growth rate in 2023 was 1.3%, according to GlobalData.
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
Reasons to Buy
  • What was the size of the South Korea chemicals market by value in 2023?
  • What will be the size of the South Korea chemicals market in 2028?
  • What factors are affecting the strength of competition in the South Korea chemicals market?
  • How has the market performed over the last five years?
  • What are the main segments that make up South Korea's chemicals market?

Table of Contents

45 Pages
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 are the strengths and strategies of the players?
7.3. What are the recent developments of the 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
List of Tables
Table 1: South Korea chemicals market value: $ billion, 2018-23
Table 2: South Korea chemicals market category segmentation: % share, by value, 2018-2023
Table 3: South Korea chemicals market category segmentation: $ billion, 2018-2023
Table 4: South Korea chemicals market geography segmentation: $ billion, 2023
Table 5: South Korea chemicals market value forecast: $ billion, 2023-28
Table 6: BASF SE: key facts
Table 7: BASF SE: Annual Financial Ratios
Table 8: BASF SE: Key Employees
Table 9: LG Chem Ltd: key facts
Table 10: LG Chem Ltd: Annual Financial Ratios
Table 11: LG Chem Ltd: Key Employees
Table 12: Lotte Chemical Corp: key facts
Table 13: Lotte Chemical Corp: Annual Financial Ratios
Table 14: Lotte Chemical Corp: Key Employees
Table 15: SK Chemicals Co., Ltd.: key facts
Table 16: SK Chemicals Co., Ltd.: Annual Financial Ratios
Table 17: SK Chemicals Co., Ltd.: Key Employees
Table 18: South Korea size of population (million), 2019-23
Table 19: South Korea gdp (constant 2005 prices, $ billion), 2019-23
Table 20: South Korea gdp (current prices, $ billion), 2019-23
Table 21: South Korea inflation, 2019-23
Table 22: South Korea consumer price index (absolute), 2019-23
Table 23: South Korea exchange rate, 2019-23
List of Figures
Figure 1: South Korea chemicals market value: $ billion, 2018-23
Figure 2: South Korea chemicals market category segmentation: $ billion, 2018-2023
Figure 3: South Korea chemicals market geography segmentation: % share, by value, 2023
Figure 4: South Korea chemicals market value forecast: $ billion, 2023-28
Figure 5: Forces driving competition in the chemicals market in South Korea, 2023
Figure 6: Drivers of buyer power in the chemicals market in South Korea, 2023
Figure 7: Drivers of supplier power in the chemicals market in South Korea, 2023
Figure 8: Factors influencing the likelihood of new entrants in the chemicals market in South Korea, 2023
Figure 9: Factors influencing the threat of substitutes in the chemicals market in South Korea, 2023
Figure 10: Drivers of degree of rivalry in the chemicals market in South Korea, 2023

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