South Korea Laboratory Chemicals Market Size, Share, and COVID-19 Impact Analysis, By Type (Molecular biology, Cytokine and chemokine testing, Carbohydrate analysis, Biochemistry, Environmental testing, Cell/tissue culture, and Others), By Application (Government, Education, Industrial, and Healthcare), and South Korea Laboratory Chemicals Market Insights, Industry Trend, Forecasts to 2035

South Korea Laboratory Chemicals Market Insights Forecasts to 2035

• The South Korea Laboratory Chemicals Market Size was estimated at USD 94.36 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 4.32% from 2025 to 2035
• The South Korea Laboratory Chemicals Market Size is Expected to Reach USD 150.3 Million by 2035

According to a research report published by Spherical Insights & Consulting, the South Korea Laboratory Chemicals Market is anticipated to reach USD 150.3 million by 2035, growing at a CAGR of 4.32% from 2025 to 2035. Driven by growing healthcare infrastructure, increased investments in pharmaceutical and biotechnology R&D, and a growing need for high-purity reagents in clinical and academic research. Furthermore, the market is expanding more quickly due to the adoption of automated lab technologies and regulatory emphasis on quality control.

Market Overview

The South Korea laboratory chemicals market refers to the industry segment that supplies high-purity chemical substances used in scientific research, diagnostics, and industrial applications across academic, healthcare, and commercial laboratories is known as the South Korean laboratory chemicals market. Additionally, the market for laboratory chemicals in South Korea is expanding significantly due to a number of important factors, such as rising R&D spending in a range of industries, including biotechnology and pharmaceuticals. More labs are opening up as a result of the government's emphasis on developing the nation's innovation ecosystem, which raises the need for premium lab chemicals. Furthermore, the ongoing advancements in the medical field are creating new prospects because of the expansion of testing and diagnostic labs. Other recent developments show that chemical laboratory work is increasingly being automated and digitalized, which increases accuracy and productivity. Furthermore, there is a growing trend of cooperation between academic institutions and commercial enterprises, which is accelerating the development and commercialization of customized lab chemicals for various design applications. Overall, the South Korea laboratory chemicals market is moving in the direction of innovation, sustainability, and technology, indicating the biggest shifts and prospects in the regions scientific industry.

Report Coverage

This research report categorizes the market for the South Korea laboratory chemicals market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea laboratory chemicals market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea laboratory chemicals market.

Driving Factors

The South Korean laboratory chemicals market Industry is expanding as a result of the quick developments in laboratory technology and equipment. As high-throughput technologies and automated systems have become more prevalent, labs are looking for cutting-edge chemicals that work well with these new tools. Significant investments have been made in automation and lab modernization, according to the Korean Institute of chemical engineers, which has improved testing and result generation efficiency. Businesses like Daicel and Merck Korea are making the most of these developments to launch cutting-edge lab chemicals that meet the changing needs of contemporary research labs. It is anticipated that the combination of cutting-edge technology and lab chemicals will generate a profitable market niche and propel additional industry expansion.

Restraining Factors

The market for laboratory chemicals in South Korea is hampered by a number of factors, including the high price of specialized reagents, strict regulatory compliance, a shortage of qualified workers, and environmental concerns about the disposal of chemical waste. These factors work together to prevent wider adoption and scalability.

Market Segmentation

The South Korea laboratory chemicals market share is classified into type and application.

• The molecular biology segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea laboratory chemicals market is segmented by type into molecular biology, cytokine and chemokine testing, carbohydrate analysis, biochemistry, environmental testing, cell/tissue culture, and others.  Among these, the molecular biology segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The need for molecular biology and related techniques is growing as chronic diseases become more common. These techniques are important for comprehending genetic information and developing tailored treatments.

• The industrial segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea laboratory chemicals market is segmented by application into government, education, industrial, healthcare. Among these, the industrial segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The demand for chemicals in manufacturing processes is driven by the industrial sector's emphasis on quality control, product development, and innovation.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea laboratory chemicals market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Koram Biotech Corp
• GeneAll Biotechnology
• Labiskoma
• Biodyne Co., Ltd.
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea Laboratory Chemicals Market based on the below-mentioned segments:

South Korea Laboratory Chemicals Market, By Type

• Molecular biology
• Cytokine and chemokine testing
• Carbohydrate analysis
• Biochemistry
• Environmental testing
• Cell/tissue culture
• Others

South Korea Laboratory Chemicals Market, By Application

• Government
• Education
• Industrial
• Healthcare