Name

Hansol Chemical

Legal name

주식회사 한솔케미칼

Website

https://hansolchemical.com

Company type

Public

Founded year

1980

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Product category

Specialty Chemicals

NAICS

Chemical Manufacturing (325), Other Basic Inorganic Chemical Manufacturing (325180), All Other Chemical Product and Preparation Manufacturing (32599)

SIC

Miscellaneous Chemical Products (2890), Industrial Inorganic Chemicals (2810), Chemicals & Allied Products (2800)

akta.pro primary industry

Electronic & High-Purity Specialty Chemicals (IMAEABAD)

akta.pro secondary industries

Display & Optoelectronics Chemicals (OLED/LCD materials, polarizer chemicals) (IMAEAKAN), Dielectrics & Insulating Materials Chemicals (Low-k/High-k precursors) (IMAEAKAJ), Water Treatment & Process Specialty Chemicals (IMAEABAN), Textile, Leather & Paper Specialty Chemicals (IMAEABAM)

Keywords

• Specialty chemicals
• Semiconductor materials
• Display materials
• Battery materials
• Fine chemicals

Headquarters

HQ city

Gangneung

HQ country

South Korea

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Fine Chemicals: Manufacture and sale of hydrogen peroxide, sodium hydrosulfite, benzoyl peroxide, SB latex, NB latex, HanSphere, flocculants, organic coagulants, retention agents, and fixing agents for paper, textile, wastewater treatment, and industrial applications.
2. Display Materials: Quantum dot (QD) materials, UV ink, and functional resins for display panels used in OLED, LCD, and Micro LED applications.
3. Semiconductor Materials: High-k precursors, silicon precursors, and metal precursors for semiconductor manufacturing processes.
4. Secondary Battery (LiB) Materials: Anode binders, separator binders, Si anode materials, and CNT dispersants for lithium-ion batteries used in electric vehicles and IT devices.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Hansol Chemical manufactures and sells specialty chemicals across four product categories: Fine Chemicals (hydrogen peroxide, sodium hydrosulfite, benzoyl peroxide, SB/NB latex, water treatment agents), Display Materials (quantum dots, UV ink, functional resins), Semiconductor Materials (high-k, silicon, and metal precursors for thin-film deposition), and Secondary Battery Materials (anode binders, separator binders, Si anode materials, CNT dispersants). The company serves enterprise manufacturers in semiconductor, display, lithium-ion battery, paper, textile, and wastewater treatment industries globally.

Product overview

Hansol Chemical is a global high-tech materials company offering a diversified portfolio of chemical products across four main categories: Fine Chemicals, Display Materials, Semiconductor Materials, and Secondary Battery Materials. Fine Chemicals include hydrogen peroxide, sodium hydrosulfite, benzoyl peroxide, SB/NB latex products, HanSphere hollow pigments, and water treatment chemicals (flocculants, coagulants, retention agents, fixing agents). Display Materials feature Quantum Dot (QD) technology (world's first eco-friendly QD producer), UV INK for ink-jet processes, and Functional Resin for optical applications. Semiconductor Materials comprise High-k, Silicon, and Metal Precursors for thin film deposition in semiconductor manufacturing. Secondary Battery Materials include Anode Binders, Separator Binders, Si Anode Materials, and CNT Dispersants for lithium-ion batteries. The company operates across multiple business units serving industries including paper, textiles, semiconductors, displays, and electric vehicles.

Differentiator

Problem solved

Functional benefit

Brands

• HITEX SB Latex: Styrene-butadiene latex binder for paper, construction, and carpet applications.
• HANBL NB Latex
• HanSphere

Products and services

• Hydrogen Peroxide (과산화수소) A powerful oxidizing agent and eco-friendly product available in multiple grades (HP-05 to HP-60) used for discoloration and bleaching in paper and textile industries, wastewater treatment, and as an etching and oxidizing cleaning agent in semiconductor and display manufacturing.
• Sodium Hydrosulfite (차아황산소다) A white powder with strong reducing power used for reducing bleaching in textile, paper, leather, synthetic rubber, and food industries. Also known as sodium dithionite.
• Benzoyl Peroxide (과산화벤조일) A chemical compound used as an initiator for EPS polymerization, resin hardener, and flour bleach. Not soluble in water but dissolves in organic solvents like ether.
• HITEX SB Latex Styrene Butadiene Latex - a liquid synthetic latex binder made using styrene and butadiene as main materials. Used in papermaking, construction, and carpet industries for latex binder solutions.
• HANBL NB Latex Nitrile Butadiene Latex - a milky white synthetic latex that exhibits rubber properties during vulcanization, used in medical gloves and coating gloves due to excellent tensile strength, elongation, oil resistance, and abrasion resistance.
• HanSphere Hollow plastic pigment - a liquid hollow pigment with 1.0-1.8μm particle size used for thermal paper and paint applications to improve print quality and opacity.
• Flocculant (고분자응집제) Water treatment agent that aggregates contaminants in various wastewater types, used in dissolved air flotation, thickening, and dehydration processes for wastewater treatment, aggregate, mining, and oil field industries.
• Organic Coagulant (유기응결제) High-charge density polymer (Polyamine) used for coagulation, dehydration acceleration, and as a coagulation aid. Solves problems associated with inorganic coagulants such as pH drop and pipe corrosion.
• Retention Agent (보류제) Cationic retention and dehydration enhancer that minimizes effects of changes in paper-processing conditions. Improves retention of microfibers and fillers during papermaking.
• Fixing Agent (정착제) Chemical that controls anionic substances in papermaking to facilitate effective fixation of sizing agents, starch, dyes, and strength agents to enhance paper production productivity.
• Quantum Dot (QD) Self-luminous nano-particles that emit light in various colors and high-purity colors depending on particle size, used in displays (LCD, OLED, Micro LED), LED lighting, solar cells, and medical testers and sensors. Hansol Chemical claims to be the world's first eco-friendly QD producer.
• UV INK Low-viscosity ink-jet resin designed to replace existing various material parts, helping reduce weight and cost of next-generation electronic products. Used as optical materials for display panels.
• Functional Resin Functional UV resin designed to complement display panel thin film technology. Equipped with moisture-proof insulation, impact resistance, and light-leakage prevention functions depending on product and use. Applied in OLED mobile devices, LCD displays, and Micro LED TVs.
• High-k Precursor Precursor materials used to overcome decreased capacitor volume due to semiconductor microfabrication trends. Designed for capacitor and gate high-k thin film applications.
• Silicon Precursor Precursor for forming semiconductor patterns less than 30nm and achieving high aspect ratios using ALD equipment. Enables precise thickness control and addresses resistance increase from semiconductor linewidth scaling for SiO2/SiN and Low-k thin films.
• Electrode & Metal Precursor Precursor materials containing Ti, Ta, Ru, and Nb for electrodes and diffusion barriers. Materials evolve as metal wiring becomes finer and processes change. Applied in wiring, electrodes, and diffusion barrier applications.
• Anode Binder (음극바인더) Binder that bonds anode active material and copper foil in lithium-ion batteries. Offers high-performance products for long-life cycle and fast-charging electric vehicle batteries and IT batteries for mobile phones and tablets.
• Separator Binder (분리막바인더) Core material for improving separator performance in lithium-ion batteries. Provides high thermal stability, low resistance, and improved battery manufacturing processability for high-capacity EV battery separators.
• Si Anode Material (Si음극재) Next-generation anode material for lithium-ion batteries addressing demand for higher capacity and fast charging. Hansol has achieved high-capacity, long-life cycle performance and mass-production capability.
• CNT Dispersant (CNT 분산제) Dispersant for high-performance conductive materials like CNT to improve electrode ion mobility. Features high dispersion and low viscosity advantages that improve cycle life and output performance at high temperature.

Quantifiable outcome

• 7,197 people in Kenya provided with clean water access through Water Campaign (2016-2021)
• +1 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Mitsubishi Gas Chemical Company (MGC)coreStrategic or Co-development Partner · 1 October 1989Japanese joint venture partner in Samyoung Pure Chemicals Co., Ltd. (삼영순화). MGC and Hansol Chemical established the joint venture in October 1989 to manufacture and supply ultra-high-purity hydrogen peroxide for semiconductor, LCD, LED, solar cell, and PCB industries. The joint venture is headquartered in Cheonan, Chungcheongnam-do, South Korea, and is a major supplier of high-purity chemicals to the electronics industry.
• TapexcoreStrategic or Co-development PartnerSubsidiary acquired in May 2016 producing high-performance tapes for electronic materials essential for secondary batteries, displays, and semiconductors. Also produces food packaging wraps with the largest domestic market share in Korea. Located in Suwon, Gyeonggi-do.
• SOLE Materials (솔머티리얼즈)minorStrategic or Co-development PartnerSubsidiary established in January 2020 pursuing new business opportunities in semiconductor, display, and electronic materials based on special gas business. Located in Cheongju, Chungcheongbuk-do.
• HS MaterialsminorStrategic or Co-development PartnerSubsidiary synthesizing high-purity, high-efficiency precursors for semiconductor miniaturization process technology improvement. Located in Iksan, Jeollabuk-do.
• Hansol Electronic Materials Co., Ltd. (Xi'an)minorStrategic or Co-development PartnerChinese subsidiary established in November 2012 (Hansol Electronic Materials (Xi'an) Co., Ltd.) for the China hydrogen peroxide market. Produces specialized hydrogen peroxide for semiconductor cleaning and LCD etching. Located in Xi'an, Shaanxi Province, China.
• Vioks (바이옥스)minorStrategic or Co-development PartnerSubsidiary acquired through equity stake in February 2022. Produces cleaning agents and pipe insulation materials for bio and pharmaceutical processes, and has entered the cell culture media business as a new venture. Located in Songdo, Incheon.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Tokyo Ohka Kogyo (TOK): Japanese specialty chemicals firm dominant in photoresists and semiconductor process materials. Comparable in serving semiconductor fabs with high-purity chemicals, though more focused on lithography materials.
• Sumitomo Chemical: Major Japanese diversified chemical company with semiconductor materials, display materials, and battery materials divisions. Broad incumbent with overlapping product categories though much larger scale.
• JSR Corporation: Japanese specialty chemicals and electronic materials leader, particularly strong in semiconductor materials (photoresists, CVD/ALD precursors) and display materials. Much larger incumbent with broader portfolio but overlapping product set with Hansol's precursors and display chemicals.
• Arkema (incl. Bostik and specialty electronic materials): French specialty chemicals company with materials for electronics, batteries, and advanced materials. Comparable in specialty product positioning and serving similar downstream electronics customers.
• BASF SE: Global diversified chemical giant producing specialty chemicals, electronic materials, and battery materials. Broad incumbent with overlapping fine chemicals and battery materials portfolios, though Hansol's niche focus differs from BASF's commodity scale.

Direct peers

• Dongjin Semichem: Korean specialty chemicals company producing photoresists, semiconductor materials, and display chemicals. Directly comparable product portfolio in electronic materials serving Korean semiconductor and display customers.
• KC Tech (KCTECH): Korean specialty chemicals manufacturer producing semiconductor precursors, display materials, and fine chemicals. Directly comparable in high-purity electronic materials and adjacent product categories.
• SK Specialty: Korean specialty gases and chemicals producer spun off from SK Materials, focused on semiconductor and display process chemicals. Directly comparable peer in Korean high-purity chemicals market.
• Soulbrain: Korean specialty chemicals manufacturer producing ultra-high-purity chemicals for semiconductors (hydrogen peroxide, etchants, precursors) and electronic materials. Closest direct peer given shared focus on high-purity process chemicals for Korean fabs.

Emerging players

• Nanoco Group: UK-based quantum dot technology developer and producer for display applications. Directly comparable to Hansol's QD business, though at smaller scale and competing for the same display panel customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries5 records

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 Hansol Chemical