According to a research report published by Spherical Insights and Consulting, The South Korea Phenol Market Size is anticipated to reach USD 719.7 Million by 2035, growing at a CAGR of 4.45% from 2025 to 2035. The primary driver of the market's growth is the rising demand for this liquid, which supports the country's economic expansion and helps supply necessary materials for industries like pharmaceuticals, agrochemicals, and various specialty chemicals.