Sika

Name

Sika

Legal name

씨카코리아 주식회사

Website

https://kor.sika.com

Company type

Public

Founded year

1910

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Specialty Construction Chemicals

NAICS

Paint, Coating, and Adhesive Manufacturing (3255), Paint and Coating Manufacturing (32551)

SIC

Adhesives & Sealants (2891), Paints, Varnishes, Lacquers, Enamels & Allied Prods (2851)

akta.pro primary industry

Industrial & Protective Coatings (IMAEAGAB)

akta.pro secondary industries

Construction Chemicals (Additives, Admixtures & Grouts) (IMAEABAC), Primers, Bonding Agents & Surface Preparation Products (IMADAOAK)

Keywords

• Construction sealants
• Waterproofing systems
• Concrete admixtures
• Industrial flooring
• Specialty chemicals

Headquarters

HQ city

Yeoksamdong

HQ country

South Korea

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Construction Chemicals and Materials: Development, production and sale of systems and products for waterproofing, sealing, bonding, and reinforcement in construction and industry sectors. Revenue generated from sale of specialty chemical products including sealants, adhesives, waterproofing systems, flooring, concrete admixtures, and coatings.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Sika Korea develops, manufactures, and sells specialty chemical systems for construction and industry, including polyurethane sealants and adhesives (Sikaflex® range), penetrating and membrane waterproofing systems (Sikalastic®), high-performance Ucrete® industrial flooring, concrete admixtures, corrosion-protection coatings, and roof and tunnel waterproofing membranes. Products are supplied to professional construction contractors, infrastructure developers, automotive OEMs and aftermarket, marine and commercial vehicle builders, and (via dealer networks) to residential DIY consumers across South Korea. The portfolio is anchored on proprietary chemistry platforms such as i-Cure® and the Sikalastic® polymer system, supported by local manufacturing at the Anseong plant and direct technical service from the Seoul office.

Product overview

Sika is a specialty chemicals leader providing construction and industrial solutions with waterproofing, sealing, bonding, reinforcement, and protection products. The product portfolio includes: (1) Sealing & Bonding Systems - featuring Sikaflex brand sealants including Sikaflex Construction+, Sikaflex-11FC+ (50+ years of innovation), and Sikaflex-431 2C; (2) Waterproofing Systems including Sikalastic-215 DRYLOK penetrating waterproofing solution; (3) High-performance Ucrete industrial flooring for cleanroom, food & beverage, parking, logistics, and pharmaceutical applications; (4) Concrete Admixture Systems; (5) Sika PowerCure fast-cure technology; and (6) Sika Carbon Compass sustainability platform for product carbon footprint calculation. These products serve construction (residential, commercial, infrastructure) and industrial (automotive, marine, building structures) segments.

Differentiator

Problem solved

Functional benefit

Brands

• Sikaflex®-11FC+: Single-component polyurethane adhesive sealant with 50+ years of innovation history, known for superior adhesion, high elongation and durability.
• Sikalastic®-215 DRYLOK®
• Sikaflex®-431 2C
• Sikaflex® Construction Plus

Products and services

• Sikaflex® Construction+ A 1-component, moisture-curable, high-elasticity polyurethane joint sealant designed for sealing movement and connection joints in concrete and masonry exterior walls, offering superior UV resistance, weather durability, ±25% (ISO 9047) / ±35% (ASTM C719) movement accommodation, easy tooling, very low VOC, and adhesion to multiple building materials. Targeted at construction contractors and specifiers working on façade and exterior wall joint sealing in South Korea.
• Sikaflex®-11FC+ A 1-component polyurethane adhesive sealant incorporating i-Cure® Technology latent curing agent chemistry, providing fast curing, strong adhesion to porous substrates, high durability, elastic movement capability, and stable performance in hot and humid climates. Used for construction sealing and bonding and for consumer adhesive-sealant applications, building on 50+ years of the Sikaflex product lineage.
• Sikalastic®-215 DRYLOK® A penetrating waterproofing solution for concrete and masonry structures that uses proprietary polymer technology to penetrate porous substrates, seal capillary pores, and form a durable smooth waterproof finish. ASTM D7088-certified for 15 PSI water pressure resistance (equivalent to 10 m head), with anti-microbial biocide, low VOC, and fast-drying ready-to-use formulation for indoor/outdoor, pool, kitchen, bathroom, and DIY applications.
• Sikaflex®-431 2C A non-sag 2-component polyurethane sealant with optimal working time and excellent workability for precast concrete and civil engineering joint sealing applications. Provides stable curing, high elongation and low modulus, good adhesion to various substrates, paintability, and meets KS F 4910 F-25LM grade standards for construction joint sealing in South Korea.
• Sealing & Bonding Systems

Quantifiable outcome

• 96MW Jeonnam offshore wind project - Korea's first large-scale offshore wind installation, supplying power to ~60,000 households
• +2 more outcomes

Named customers11 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Chungcheongnam-do and Dangjin City (충청남도-당진시)majorStrategic or Co-development Partner · 21 January 2025Sika Korea signed an investment memorandum of understanding with Chungcheongnam-do and Dangjin City for a new manufacturing facility. Plans include approximately 15,000 pyeong of land in Songgangsan 2-2 industrial complex in Dangjin, with investment of 38 billion KRW.

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Mapei: Italian global leader in construction chemicals — adhesives, sealants, waterproofing, and concrete admixtures. Directly comparable to Sika Korea across the same product categories, customer base (contractors, infrastructure), and specification-led B2B go-to-market.
• Bostik (Arkema): Global adhesives and sealants business within Arkema. Closely comparable to Sika Korea's industrial/construction bonding portfolio, serving automotive, construction, and DIY segments with similar specialty chemistry positioning.
• Henkel: German multinational with a leading Adhesive Technologies division covering construction, automotive, and packaging adhesives. Direct competitor to Sika Korea's bonding and sealing portfolio, especially in automotive OEM and industrial applications.
• Soudal: World's largest independent sealant, adhesive, and PU-foam manufacturer. Closely comparable to Sika Korea's sealing & bonding business, including DIY and professional construction channels, with overlapping polyurethane-based chemistries.
• RPM International: US specialty-coatings and sealants holding company (Tremco, Carboline, Stonhard). Comparable to Sika Korea's industrial coatings, waterproofing, and flooring systems for construction and industrial end markets.
• H.B. Fuller: Global industrial adhesives specialist serving construction, packaging, automotive, and hygiene markets. Directly comparable to Sika Korea's industrial bonding portfolio and similar specialty-chemistry value proposition.

Broad incumbents

• BASF: Global chemical giant with a significant construction-chemicals portfolio (Master Builders Solutions) covering admixtures, sealants, and waterproofing. Broader-than-Sika portfolio, but directly overlapping in core construction-chemistry categories.
• Saint-Gobain: French building materials giant with chemical solutions for construction (mortars, sealants, waterproofing). Broader portfolio than Sika Korea, but directly overlapping in construction-chemistry systems for envelope and structural applications.
• Dow Chemical: Global materials science major supplying polyurethane raw materials and formulated systems into construction and automotive. Adjacent peer to Sika Korea both as a competing systems supplier and as a key upstream feedstock provider.

Regional players

• KCC (Korea Chemical Corporation): Korea's largest domestic paints, coatings, and specialty chemicals producer. Direct regional competitor to Sika Korea in construction coatings, sealants, and industrial finishing, with strong local distribution and OEM relationships.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@SikaKoreaConstruction
• LinkedInlinkedin.com/company/sika

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

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 Sika