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South Korean Hydrogen Peroxide Market for Semiconductors Faces Shake-up as New Players Emerge

The South Korean hydrogen peroxide market for semiconductors, which has been dominated by Samyoung Sunhwa and Dongwoo Fine-Chem, could face significant changes as P&O Chemicals, Taekwang Industrial, and OCI explore new advances. As these firms consider entering the market, a reorganization of the sector is expected, resembling a period of warring states.

High-purity hydrogen peroxide is widely used in the semiconductor, display, paper, and textile industries, primarily for cleaning semiconductors and etching displays. Until recently, Samyoung Sunhwa and Dongwoo Fine-Chem controlled the market, supplying high-purity hydrogen peroxide to Samsung Electronics and SK Hynix. However. . .

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