The South Korea Maleic Anhydride Grafted Polyolefins market was valued at USD 42.3 Million in 2024 and is projected to reach USD 57.8 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.3% during the forecast period (2024-2030). This growth is driven by increasing demand from automotive, packaging, and electronics sectors where these specialty polymers enhance material adhesion and compatibility properties.
As South Korea’s manufacturing sector advances, chemical companies are developing innovative polyolefin solutions to meet industrial demands. This report examines the Top 10 Companies in South Korea’s Maleic Anhydride Grafted Polyolefins Market—key manufacturers driving polymer innovation across multiple industries.
🔟 10. Hyosung Corporation
Headquarters: Seoul, South Korea
Key Offering: MAH-grafted PP compounds
Hyosung manufactures high-performance grafted polymers with applications spanning automotive components to industrial materials.
Technical Capabilities:
- Proprietary reactive extrusion technology
- Custom formulations for wire & cable coatings
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9️⃣ 9. Cheil Industries Inc.
Headquarters: Seoul, South Korea
Key Offering: MAH-modified polyethylene
Samsung’s chemical subsidiary produces adhesion-promoting polymers for multi-layer packaging and automotive applications.
Technical Capabilities:
- High-purity grafting processes
- Film-grade formulations
8️⃣ 8. Daelim Industrial Co., Ltd.
Headquarters: Seoul, South Korea
Key Offering: Polyolefin compatibilizers
Daelim supplies modified polymers that enhance performance in pipe compounds and automotive parts.
Technical Capabilities:
- Continuous manufacturing processes
- Precision grafting levels (0.5-2.0wt%)
7️⃣ 7. Samyang Corporation
Headquarters: Seoul, South Korea
Key Offering: MAH-grafted EVA
Samyang develops specialty polymers that improve bonding in footwear and construction materials.
Technical Capabilities:
- Thermal stabilization technology
- Low-odor formulations
6️⃣ 6. Samsung SDI Chemicals and Electronics Material
Headquarters: Yongin, South Korea
Key Offering: High-performance polymer modifiers
This Samsung division produces advanced adhesive-promoting polymers for electronics packaging.
Technical Capabilities:
- Halogen-free technology
- Precision grafting control
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5️⃣ 5. SK Chemicals
Headquarters: Seoul, South Korea
Key Offering: Eco-friendly grafted polymers
SK Chemicals focuses on sustainable material solutions while maintaining performance characteristics.
Technical Capabilities:
- Recycled-content formulations
- Bio-compatible solutions
4️⃣ 4. Lotte Chemical Corporation
Headquarters: Seoul, South Korea
Key Offering: Automotive-grade MAH-PP
Lotte produces high-performance polymers for automotive interiors and battery components.
Technical Capabilities:
- Low-gel production technology
- Automotive OEM-certified solutions
3️⃣ 3. Hanwha Solutions Corporation
Headquarters: Seoul, South Korea
Key Offering: Q-bond™ series compatibilizers
Hanwha offers advanced polymer solutions for demanding applications in multiple industries.
Technical Capabilities:
- High-performance adhesive technology
- Custom reactivity profiles
2️⃣ 2. Kumho Petrochemical
Headquarters: Seoul, South Korea
Key Offering: Specialty polymer modifiers
Kumho develops crucial compatibilizers for automotive composites and packaging films.
Technical Capabilities:
- High-efficiency grafting processes
- Low-VOC formulations
1️⃣ 1. LG Chem
Headquarters: Seoul, South Korea
Key Offering: Comprehensive MAH-grafted polymer portfolio
LG Chem leads the market with the most extensive range of maleic anhydride modified polyolefins.
Technical Capabilities:
- Industry-largest production capacity
- Custom molecular architectures
- Patent-protected technologies
Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/278908/global-south-korea-maleic-anhydride-grafted-polyolefins-market-2024-2030-535
🔮 Outlook: The Future of Maleic Anhydride Grafted Polyolefins in South Korea
The market is undergoing significant transformation as manufacturers develop advanced formulations to meet evolving industrial requirements.
📈 Key Market Trends:
- Growing adoption in electric vehicle components
- Increasing sustainability requirements
- Advancements in reactive extrusion technology
- Expansion into medical and specialty applications
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