René Muschter
Research Expert covering Industry & Mobility
Chemical industry in South Korea - statistics & facts
While the South Korean chemical industry has always had a strong presence in the global market, the recent emergence and popularity of K-beauty products worldwide have increased demand, particularly from the cosmetics industry. Domestically, large companies such as Amorepacific and LG Chem produce the chemical materials necessary for producing such popular cosmetics and skincare products, such as emollients, surfactants, and antioxidants. Thanks to the large petrochemical and commodity chemicals sectors in South Korea, the country has been one of the leading chemical markets worldwide for years.
