What Jinyoung does

Jinyoung Co., Ltd. (KOSDAQ: 28580) is a South Korea-based manufacturer of functional plastic surface materials, founded in 1993 and headquartered in Incheon. The company develops and produces ASA (Acrylate Styrene Acrylonitrile) and PMMA resin-based deco sheets and films, edge bands, and specialty functional films (antistatic films for PCB and semiconductor handling, non-halogen flame-retardant films, heat-reflective insulation films, and automotive-grade sheets), supplied to manufacturers in the architecture/furniture, home appliance, automotive, and electronics/semiconductor industries. Its core technology stack combines proprietary ASA resin compounding co-developed with LG Chem, an E:zium/Excimer surface coating technology, and an in-house raw-material regeneration and pyrolysis capability acquired via the 2023 Korea Eco Energy subsidiary, supporting an ISCC PLUS-certified Bio-ASA circular-economy offering.

The company operates a B2B, sales-led go-to-market motion with a dedicated domestic sales team and an overseas sales team, complemented by an online ordering portal, a multi-language E-Catalog (Korean, English, Chinese, Vietnamese, Russian), and physical showrooms. Pricing is quote-based and not publicly disclosed, with multi-year contracts negotiated per customer and application. Revenue is generated primarily through hardware sales of physical plastic sheets and films, plus a smaller professional-services component (custom color and pattern design). Consolidated revenue was KRW 34.2 billion in FY2024 (down from KRW 48.1 billion in FY2022), with operating losses in both FY2023 and FY2024 reflecting heavy investment in certifications, geographic expansion (China, Eastern Europe, South Asia), and the Hanssem flagship supply agreement signed in February 2025. Recent strategic activity includes a KOSDAQ listing in June 2023, ISCC PLUS and Korea Eco-Label certifications, and active channel buildout in China (eight furniture distributor MOUs) and Eastern Europe.

Name

Jinyoung

Legal name

JINYOUNG Co., Ltd.

Website

https://jyp21.co.kr

Company type

Public

Founded year

1993

Operating status

Operating

Short description

Jinyoung Co., Ltd. (KOSDAQ: 28580) is a South Korea-based manufacturer of eco-friendly ASA and PMMA plastic surface materials — deco films, edge bands, and functional films (antistatic, flame-retardant, heat-reflective) — supplied to furniture, home appliance, automotive, and PCB/semiconductor manufacturers globally.

Ownership category

akta.pro rank

Product category

Plastic Surface Materials & Decorative Films

NAICS

Plastics Product Manufacturing (3261)

SIC

Unsupported Plastics Film & Sheet (3081)

akta.pro primary industry

Plastic Films & Laminated Packaging Structures Manufacturing (IMANAEAD)

akta.pro secondary industry

Consumer Products Injection Molding (Housewares, Toys, Personal Care) (IMANAFAE)

Keywords

• Plastic surface materials
• Deco films
• Functional films
• ASA resin sheets
• Industrial plastic manufacturing

Headquarters

HQ city

Incheon

HQ country

South Korea

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Plastic Sheet / Film Product Sales (Deco Film, Functional Films): Primary revenue stream from B2B sales of plastic sheets and films including ASA deco sheets (for architecture/furniture), PMMA materials, antistatic films (PCB/semiconductor), flame retardant films, heat reflective films, vehicle interior/exterior materials, and home appliance interior/exterior materials. Customers are manufacturers and brand-owners; transactions are one-time product purchases of physical goods.
2. Deco Sheet Design Solutions / Custom Color & Pattern Service: Customized color and latest design pattern proposals applied to customer-specific deco sheets for furniture and other manufacturers, billed as part of product contracts. Premium product tier offering for differentiated brand clients.
3. Recycled / Regenerated Raw Materials & Pyrolysis Oil Business: Sales from recycled raw material pellets (850 tons annual capacity at Plant 2) and the regenerated oil business entered via acquisition of Korea Eco Energy subsidiary (2023). Revenue reflects circular-economy monetization of waste plastics.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels7 records

Core offering

Jinyoung manufactures and sells functional plastic surface materials — primarily ASA and PMMA resin-based decorative films, edge bands, and specialty films (antistatic, flame retardant, heat reflective) — to B2B customers in the architecture/furniture, home appliance, automotive, and PCB/semiconductor industries. The company also produces recycled raw materials and regenerated pyrolysis oil from waste plastics, supporting a circular-economy business model.

Product overview

Jinyoung operates a single-company, multi-product portfolio rather than a platform-plus-modules architecture. The core offering is ASA-based deco film (sold under the Decojin sub-brand) for architecture and furniture, complemented by PMMA-based deco film as a material variant. Functional specialty films — Antistatic Film (for PCB and semiconductor transport), Flame Retardant Film (for public facilities under the revised Korean Fire Services Act), and Heat Reflective Film (for building insulation) — extend the line into industrial applications. Application-specific product families include Materials for Home Appliance (ASA/ABS/PMMA/aluminum-laminated films for refrigerators, air-conditioners, etc.) and Materials for Automobile (engineering plastic and PMMA sheets for car doors and dashboards). Supporting technologies and production lines include Excimer Coating (surface treatment) and Edge Band production. In 2023, Jinyoung launched Acryluxe and entered the semiconductor film and recycled oil businesses. In 2025, the company extended its eco-friendly surface material technology (LetZero Bio ASA + E:zium coating) into the furniture market via a Hanssem supply agreement.

Differentiator

Problem solved

Functional benefit

Brands

• Decojin: Jinyoung's deco sheet brand built on its proprietary ASA resin technology, marketed globally as a recognized international brand.

Products and services

• ASA Deco Film for Architecture and Furniture Decorative film based on Acrylate Styrene Acrylonitrile (ASA) resin jointly developed with LG Chem. Offers UV stability, weather resistance, heat resistance, chemical resistance, and recyclability. Available in High-glossy, Super Matt, Anti-fingerprint, Real-hairline, Pearl & Metallic, and Emboss finishes. Applied to kitchen furniture, doors, interior decor, appliances, and office furniture. Korea Eco-Label certified.
• PMMA Deco Film Decorative film using PMMA (acrylic) material as an alternative to ASA. Listed alongside ASA in the deco film lineup for architecture and furniture applications, with weather resistance as a key feature.
• Antistatic Film Functional film used in transport and storage of PCBs and semiconductors, protecting against static electricity damage and foreign matter adhesion. Made by combining polypropylene with anti-static materials, eliminating the need for separate conductive coatings. Thickness 350–500µm, width 850–1,280mm, anti-static factor 10^8–10^10Ω.
• Flame Retardant Film Flame retardant film mandated for use in all public-use facilities under revised Korean Fire Services Act from 2025. Delays ignition during fires and reduces toxic gas emission. Applications include furniture, interior decoration, secondary batteries, and automotive interior materials.
• Heat Reflective Film External insulation film used as an alternative to thermal insulation paint in building construction and modular housing. Reduces construction time and cost while increasing heating/cooling efficiency to lower carbon emissions.
• Materials for Home Appliance Plastic films applied to interiors and exteriors of home appliances such as refrigerators, air-conditioners, washing machines, audio systems, VTRs, microwave ovens, and computers. Available in ASA, ABS, PMMA, laminated aluminum, and various other configurations. Thickness 0.10–0.20mm, width 650–1,400mm.
• Materials for Automobile Plastic sheets for automotive interior and exterior applications, including engineering plastic sheets for car doors (sandwiched between steel plates for lightweighting) and PMMA sheets for dashboards and other interior components.
• Acryluxe Product Line Acrylic-based premium product line launched by Jinyoung in 2023 as part of its KOSDAQ listing milestone and business diversification strategy; subsequently distributed in China.
• Edge Band Products Edge band products manufactured at Jinyoung's Plant 2, with four edge band production lines and annual capacity of 70 million meters. Used as finishing for furniture, doors, and interior applications.
• Recycled / Regenerated Raw Materials and Pyrolysis Oil Sales of recycled raw material pellets (850 tons annual capacity at Plant 2) and regenerated oil from waste plastic pyrolysis via Korea Eco Energy subsidiary. Circular-economy monetization of waste plastics.
• Eco-Friendly Bio-Based Furniture Deco Surface Material (LetZero Bio ASA + E:zium Coating) Eco-friendly furniture surface material combining LG Chem's LetZero Bio ASA (plant-based bio material with ISCC PLUS certification) and Jinyoung's proprietary E:zium coating technology. Supplied to Hanssem for Korean eco-friendly furniture lineup.

Quantifiable outcome

• Export volume grew from $1M (2019) to $20M (2022) - a 20x increase in 3 years
• +4 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature10 records

Partnerships

Eight partnerships are on record, tiered minor, core and flagship.

• Bangladeshi manufacturer (local partner, name not disclosed)minorChannel Partner/ Reseller/ Distributor · 5 March 2026Jinyoung conducted an on-site factory visit and adhesion testing observation meeting with a Bangladeshi manufacturer in March 2026 as part of its South Asian market expansion.
• Eight furniture distribution agents in northeastern China (signed via MOUs)coreChannel Partner/ Reseller/ Distributor · 10 February 2026In early 2026 Jinyoung signed business agreements (MOUs) with eight furniture distribution agents in northeastern China to expand its presence in the Chinese market. Premium acrylic sheets were launched in China last month, with membrane sheets and interior films planned for subsequent launch. Plans to expand the eco-friendly furniture market together with Hanssem and apply eco-friendly surface materials to contract furniture for construction companies.
• Polish packaging company (local partner, name not disclosed)minorChannel Partner/ Reseller/ Distributor · 9 February 2026Jinyoung conducted an on-site visit and meeting with a Polish packaging company in February 2026 as part of its European market expansion.
• Hungarian furniture manufacturer (local partner, name not disclosed)minorChannel Partner/ Reseller/ Distributor · 4 February 2026Jinyoung conducted an on-site visit and meeting with a Hungarian furniture manufacturer in February 2026 as part of its European market expansion.
• Chinese pyrolysis equipment manufacturer in Jeongju (name not disclosed)minorStrategic or Co-development Partner · 8 January 2026Jinyoung visited a pyrolysis equipment manufacturer in Jeongju, China in January 2026 to support its waste-plastic pyrolysis technology development as part of the regenerated oil business expansion.
• LG Chem (LG화학)flagshipStrategic or Co-development Partner · 26 February 2025Jinyoung collaborated with LG Chem to develop the world's first eco-friendly furniture surface material using LG Chem's plant-derived bio-based material, LetZero Bio ASA. The bio-based ASA resin is supplied by LG Chem and incorporated into Jinyoung's E:zium coating-based surface materials. LG Chem's ABS Business Division Head (Kim Steven) attended the Hanssem business agreement signing ceremony on 2025-02-19 alongside Jinyoung President No Un-Rae and Hanssem executives.
• Hanssem (한샘)coreChannel Partner/ Reseller/ Distributor · 26 February 2025Signed business agreement on 2025-02-19 at Hanssem Songpa Store in Seoul for the development and supply of eco-friendly furniture surface materials. Hanssem is a major Korean furniture brand and will receive Jinyoung's Bio-ASA + E:zium coating surface materials to strengthen its eco-friendly furniture lineup. Hanssem's R&D Center Head (Ko Young-Nam) and Acting Deputy Head of Distribution Sales (Hong Sang-Hoon) attended the ceremony.
• Korea Eco Energy (한국에코에너지) - subsidiary acquiredcoreOthers · 1 January 2023Jinyoung entered the regenerated oil (재생유) business in 2023 through acquisition of Korea Eco Energy as a subsidiary, enabling vertical integration into waste plastic pyrolysis and circular economy.

Scale indicators11 records

Recent moves10 records

Expansion highlights5 records

Broad incumbents

• 3M: US diversified industrial conglomerate with significant film and functional coatings portfolio including antistatic, flame retardant, and decorative films; comparable technology breadth though broader and far larger scale.
• Covestro: German polymer materials company (formerly Bayer MaterialScience) producing high-performance plastics and films with sustainability positioning; comparable upstream resin and film technology.
• SKC Co., Ltd. Korean film and chemicals maker producing industrial films for electronics, semiconductors, and automotive; broader portfolio but overlapping functional film product lines and customer base with Jinyoung.
• Shin-Etsu Polymer: Japanese specialty polymer products company producing films and sheets for electronics, semiconductors, and industrial uses; relevant for antistatic/functional film category overlap.
• Kolon Industries: Korean industrial materials and chemicals group producing films and surface materials for automotive, construction and electronics; comparable B2B film business serving similar OEM customers.
• Sumitomo Bakelite: Japanese specialty polymer and film producer serving electronics, automotive, and industrial customers; comparable functional film technology stack.
• Kingboard Laminates: Hong Kong-listed manufacturer of laminates and surface materials for furniture, construction, and electronics; comparable decorative/functional surface materials business at larger scale.
• Toyobo: Japanese diversified materials company producing industrial films including functional films for electronics and automotive; comparable technology base and customer overlap.

Direct peers

• Renolit: German manufacturer of plastic films and surface materials for furniture, kitchen, automotive and building applications; closest international functional analogue to Jinyoung's deco film portfolio.
• LX Hausys: Korean building-materials manufacturer (formerly LG Hausys) producing decorative films, surface materials, flooring and interior products with overlapping customers in furniture and home appliance OEMs; directly comparable technology and channel footprint in Korea.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@jinyoung135

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Jinyoung