Construction Materials in South Korea

Construction Materials in South Korea


Summary

Construction Materials in South Korea industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • The construction materials market consists of cement, aggregates, and bricks.
  • The South Korean construction materials market recorded revenues of $12.7 billion in 2023, representing a compound annual growth rate (CAGR) of 0.8% between 2018 and 2023.
  • The cement segment accounted for the market's largest proportion in 2023, with total revenues of $5.1 billion, equivalent to 40.3% of the market's overall value.
  • In 2023, the South Korean construction materials market contracted by 3.1% due to the decline in construction permits. According to the Korean Statistical Information Service (KOSIS), the overall number of building permits issued decreased by 25.3% in 2023.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the construction materials market in South Korea
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the construction materials market in South Korea
  • Leading company profiles reveal details of key construction materials market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the South Korea construction materials market with five year forecasts
Reasons to Buy
  • What was the size of the South Korea construction materials market by value in 2023?
  • What will be the size of the South Korea construction materials market in 2028?
  • What factors are affecting the strength of competition in the South Korea construction materials market?
  • How has the market performed over the last five years?
  • Who are the top competitors in South Korea's construction materials market?


1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strengths of the leading player?
7.3. What have been the most recent market developments?
8 Company Profiles
8.1. Asia Holdings Co Ltd
8.2. Hanil Cement Co Ltd
8.3. Sungshin Cement Co Ltd
8.4. Ssangyong C&E
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: South Korea construction materials market value: $ million, 2018-23
Table 2: South Korea construction materials market category segmentation: % share, by value, 2018-2023
Table 3: South Korea construction materials market category segmentation: $ million, 2018-2023
Table 4: South Korea construction materials market geography segmentation: $ million, 2023
Table 5: South Korea construction materials market value forecast: $ million, 2023-28
Table 6: Asia Holdings Co Ltd: key facts
Table 7: Asia Holdings Co Ltd: Annual Financial Ratios
Table 8: Asia Holdings Co Ltd: Key Employees
Table 9: Hanil Cement Co Ltd: key facts
Table 10: Hanil Cement Co Ltd: Annual Financial Ratios
Table 11: Hanil Cement Co Ltd: Key Employees
Table 12: Sungshin Cement Co Ltd: key facts
Table 13: Sungshin Cement Co Ltd: Annual Financial Ratios
Table 14: Sungshin Cement Co Ltd: Key Employees
Table 15: Ssangyong C&E: key facts
Table 16: Ssangyong C&E: Key Employees
Table 17: South Korea exchange rate, 2018-23
List of Figures
Figure 1: South Korea construction materials market value: $ million, 2018-23
Figure 2: South Korea construction materials market category segmentation: $ million, 2018-2023
Figure 3: South Korea construction materials market geography segmentation: % share, by value, 2023
Figure 4: South Korea construction materials market value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the construction materials market in South Korea, 2023
Figure 6: Drivers of buyer power in the construction materials market in South Korea, 2023
Figure 7: Drivers of supplier power in the construction materials market in South Korea, 2023
Figure 8: Factors influencing the likelihood of new entrants in the construction materials market in South Korea, 2023
Figure 9: Factors influencing the threat of substitutes in the construction materials market in South Korea, 2023
Figure 10: Drivers of degree of rivalry in the construction materials market in South Korea, 2023

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