South Korea Chemical Distribution Market Size & Outlook
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South Korea chemical distribution market highlights
- The South Korea chemical distribution market generated a revenue of USD 11,000.6 million in 2024 and is expected to reach USD 17,011.7 million by 2030.
- The South Korea market is expected to grow at a CAGR of 7.9% from 2025 to 2030.
- In terms of segment, commodity chemicals was the largest revenue generating type in 2024.
- Specialty Chemicals is the most lucrative type segment registering the fastest growth during the forecast period.
Chemical distribution market data book summary
| Market revenue in 2024 | USD 11,000.6 million |
| Market revenue in 2030 | USD 17,011.7 million |
| Growth rate | 7.9% (CAGR from 2025 to 2030) |
| Largest segment | Commodity chemicals |
| Fastest growing segment | Specialty Chemicals |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Specialty Chemicals, Commodity Chemicals |
| Key market players worldwide | Apollo Global Management Inc Class A, Helm AG, Brenntag Biosector, Teradyne Inc, Azelis Group NV, Ashland Inc, IMCD NV, Biesterfeld, Reda |
Other key industry trends
- In terms of revenue, South Korea accounted for 4.1% of the global chemical distribution market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China chemical distribution market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 26,157.4 million by 2030.
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Chemical Distribution Market Scope
Chemical Distribution Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Reda | View profile | 501-1000 | Valle Mosso, Piemonte, Italy, Europe | http://www.reda1865.com/ |
| Brenntag Biosector | View profile | - | Ballerup, Hovedstaden, Denmark, Europe | - |
| Helm AG | View profile | 1001-5000 | Hamburg, Hamburg, Germany, Europe | https://www.helmag.com |
| IMCD NV | View profile | 4948 | Wilhelminaplein 32, Rotterdam, Netherlands, 3072 DE | https://www.imcdgroup.com |
| Azelis Group NV | View profile | 4206 | Posthofbrug 12, Box 6, Antwerp, Belgium, B-2600 | https://www.azelis.com |
| Apollo Global Management Inc Class A | View profile | 4945 | 9 West 57th Street, 42nd Floor, New York, NY, United States, 10019 | https://www.apollo.com |
| Biesterfeld | View profile | 501-1000 | Hamburg, Hamburg, Germany, Europe | https://www.biesterfeld.com/ |
| Ashland Inc | View profile | 3800 | 8145 Blazer Drive, Wilmington, DE, United States, 19808 | http://www.ashland.com |
| Teradyne Inc | View profile | 6500 | 600 Riverpark Drive, North Reading, MA, United States, 01864 | https://www.teradyne.com |
South Korea chemical distribution market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to chemical distribution market will help companies and investors design strategic landscapes.
Commodity chemicals was the largest segment with a revenue share of 64.07% in 2024. Horizon Databook has segmented the South Korea chemical distribution market based on specialty chemicals, commodity chemicals covering the revenue growth of each sub-segment from 2018 to 2030.
China, followed by Japan, Taiwan, the U.S, and Vietnam are the major export markets for chemicals produced in Korea. Key chemical manufacturers such as BASE SE and Evonik, among others, have at least one production plant in the country.
Moreover, the availability of cheap labor and raw materials and the government’s push to develop the country’s chemicals industry are likely to attract more chemical manufacturers to set up their production plants in the country.
This is likely to positively impact the growth of the chemical distribution market over the forecast period. Some of the major chemical distributors in South Korea are Aco Korea Ltd, Adams Specialties, A-Jin International, Azelis, Ausko Trading Company Limited, Chemical-Land Trading Co., Ltd, Chemrich Corp., and Chunyang Tech Ltd.
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Target buyers of South Korea chemical distribution market databook
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Our clientele includes a mix of chemical distribution market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea chemical distribution market , including forecasts for subscribers. This country databook contains high-level insights into South Korea chemical distribution market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea chemical distribution market size, by type, 2018-2030 (US$M)
South Korea Chemical Distribution Market Outlook Share, 2024 & 2030 (US$M)
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