South Korea Construction Materials Market Summary, Competitive Analysis and Forecast to 2027
Summary
Construction Materials in South Korea industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). 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 had total revenues of $12.6 billion in 2022, representing a compound annual growth rate (CAGR) of 1.4% between 2017 and 2022.
- The cement segment accounted for the market's largest proportion in 2022, with total revenues of $5.5 billion, equivalent to 43.5% of the market's overall value.
- The rapidly expanding construction activities due to the remodeling and advancement of roads, bridges, public spaces, commercial spaces, and others are supporting the demand for construction materials. According to in-house research, in 2022, the construction market in South Korea reached $215.7 billion.
- Save time carrying out entry-level research by identifying the size, growth, 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 by both value and volume
- What was the size of the South Korea construction materials market by value in 2022?
- What will be the size of the South Korea construction materials market in 2027?
- 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 competitiors 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 players?
- 7.3. What are the most recent market developments?
- 8 Company Profiles
- 8.1. Holcim Limited
- 8.2. Hanil Cement Co Ltd
- 8.3. Sungshin Cement Co Ltd
- 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, 2017–22
- Table 2: South Korea construction materials market category segmentation: % share, by value, 2017–2022
- Table 3: South Korea construction materials market category segmentation: $ million, 2017-2022
- Table 4: South Korea construction materials market geography segmentation: $ million, 2022
- Table 5: South Korea construction materials market value forecast: $ million, 2022–27
- Table 6: Holcim Limited: key facts
- Table 7: Holcim Limited: Annual Financial Ratios
- Table 8: Holcim Limited: 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: South Korea size of population (million), 2018–22
- Table 16: South Korea gdp (constant 2005 prices, $ billion), 2018–22
- Table 17: South Korea gdp (current prices, $ billion), 2018–22
- Table 18: South Korea inflation, 2018–22
- Table 19: South Korea consumer price index (absolute), 2018–22
- Table 20: South Korea exchange rate, 2018–22
- List of Figures
- Figure 1: South Korea construction materials market value: $ million, 2017–22
- Figure 2: South Korea construction materials market category segmentation: $ million, 2017-2022
- Figure 3: South Korea construction materials market geography segmentation: % share, by value, 2022
- Figure 4: South Korea construction materials market value forecast: $ million, 2022–27
- Figure 5: Forces driving competition in the construction materials market in South Korea, 2022
- Figure 6: Drivers of buyer power in the construction materials market in South Korea, 2022
- Figure 7: Drivers of supplier power in the construction materials market in South Korea, 2022
- Figure 8: Factors influencing the likelihood of new entrants in the construction materials market in South Korea, 2022
- Figure 9: Factors influencing the threat of substitutes in the construction materials market in South Korea, 2022
- Figure 10: Drivers of degree of rivalry in the construction materials market in South Korea, 2022
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