The South Korea Flame Retardant Plastics Market was valued at USD 567 Million in 2024 and is projected to reach USD 789 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.6% during the forecast period (2024–2030). This growth is driven by stringent fire safety regulations across industries, increasing demand from electronics and construction sectors, and technological advancements in halogen-free formulations.

As South Korea continues to strengthen industrial safety standards, leading chemical companies are developing innovative flame-resistant materials for critical applications. This report profiles the Top 10 Companies in South Korea’s Flame Retardant Plastics Industry – key players that are enhancing material safety through advanced polymer technologies.

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🔟 1. LG Chem

Headquarters: Seoul, South Korea
Key Offering: Flame Retardant ABS, PC/ABS, PP Compounds

LG Chem is the market leader in South Korea’s specialty plastics sector, offering comprehensive flame retardant solutions for automotive, electronics, and construction applications. The company leads in developing eco-friendly halogen-free technologies.

Innovation Highlights:

• Patented intumescent flame retardant systems

• UL94 V-0 rated materials for EV battery housings

• Strategic partnerships with global electronics OEMs

Download FREE Sample Report: South Korea Flame Retardant Plastics Market – View in Detailed Research Report

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9️⃣ 2. SK Chemicals

Headquarters: Seoul, South Korea
Key Offering: Ecozen FR PET, Recycled Content Compounds

SK Chemicals specializes in sustainable flame retardant solutions, combining post-consumer recycled materials with advanced fireproofing technologies that meet international safety standards.

Sustainability Initiatives:

• Closed-loop material recovery programs

• Bio-based polymer development projects

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8️⃣ 3. Hanwha Solutions – Chemical Division

Header>Ranked as: 3rd largest producer
Headquarters: Seoul, South Korea
Key Offering: High-performance Compounds for Aerospace & Defense

Hanwha Solutions delivers specialized flame retardant plastics through its advanced compounding technologies and material science expertise.

Technical Capabilities:

• Military-spec formulations

• Extreme temperature resistant solutions

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7️⃣ 4. Kumho Petrochemical

Headquarters: Seoul, South Korea
Key Offering: Elastomeric Fire Retardant Materials

Kumho Petrochemical specializes in flame retardant synthetic rubbers and thermoplastic elastomers for wire & cable applications.

Market Position:

• Leading domestic supplier

• ISO 9001 certified facilities

Download FREE Sample Report: South Korea Flame Retardant Plastics Market – View in Detailed Research Report

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6️⃣ 5. LOTTE Chemical Corporation

Headquarters: Seoul, South Korea
Key Offering: Engineering Thermoplastics Portfolio

LOTTE Chemical provides a complete range of flame retardant plastic solutions across various polymer families.

Product Advantages:

• Custom formulation services

• Global regulatory compliance expertise

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5️⃣ 6. Samyang Corporation

Headquarters: Seoul, South Korea
Key Offering: Electrical Safety Materials

Samyang Corporation develops specialized flame retardant systems for high-voltage electrical applications.

Innovation Focus:

• Miniaturization solutions

• High comparative tracking index materials

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4️⃣ 7. KOLON Industries

Headquarters: Gwacheon, South Korea
Key Offering: Engineering Plastic Compounds

KOLON Industries produces high-performance flame retardant materials for demanding industrial applications.

Technical Advantages:

• Enhanced mechanical properties

• Color stability in fire-retardant grades

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3️⃣ 8. Dongjin Semichem

Headquarters: Seoul, South Korea
Key Offering: Additive Solutions

Dongjin Semichem develops flame retardant masterbatches for various polymer systems.

Product Features:

• Low smoke formulations

• Processing efficiency enhancers

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2️⃣ 9. Songwon Industrial

Headquarters: Ulsan, South Korea
Key Offering: Specialty Additives

Songwon Industrial provides innovative flame retardant additives that meet evolving environmental regulations.

Technology Leadership:

• Halogen-free systems

• Global compliance expertise

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1️⃣ 10. Hyosung Corporation

Headquarters: Seoul, South Korea
Key Offering: Bio-based Solutions

Hyosung Corporation develops sustainable flame retardant materials incorporating renewable content.

Sustainability Programs:

• Plant-derived material development

• Carbon reduction initiatives

Get Full Report Here: South Korea Flame Retardant Plastics Market – View in Detailed Research Report

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🔥 Market Outlook: Evolving Flame Retardant Technologies

The South Korean flame retardant plastics sector is transforming through material innovations and regulatory changes, with manufacturers developing smarter safety solutions.

📈 Key Industry Trends:

• Transition to non-halogenated systems

• Advancements in bio-based flame retardants

• Tighter safety standards for construction materials

• Growing EV battery material requirements

Get Full Report Here: South Korea Flame Retardant Plastics Market – View in Detailed Research Report

These companies are enabling safer material solutions that meet South Korea’s rigorous industrial standards while addressing environmental considerations.