Market Forecast By Type (Polymer Modified Cementitious Mortars, Epoxy Based Mortars), By Grade (Structural, Non Structural), By Application (Hand/trawling, Pouring, Spraying), By End-use (Buildings & Carparks, Road Infrastructure, Utility, Marine) And Competitive Landscape
Product Code: ETC320123 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Report Name | South Korea Concrete Repair Mortars Market |
Forecast period | 2025-2031 |
CAGR | 6.1% |
Growing Sector | Construction industry |
The South Korea Concrete Repair Mortars Market report thoroughly covers the market by Type, Grade, Application, and End-Use. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The South Korea concrete repair mortars market is expected to grow at a steady pace from 2025-2031, driven by government initiatives towards infrastructure development and rising investments in commercial and residential projects. However, the market may face challenges such as high initial costs and a lack of skilled labour for the proper application of repair mortars.
According to 6Wresearch, the South Korea Concrete Repair Mortars Market size is expected to grow at a significant CAGR of 6.1% during the forecast period from 2025-2031. One of the key drivers of this growth is the government's focus on investing in large-scale construction and renovation projects, such as roads, bridges, and buildings. Additionally, the growing emphasis on sustainable building practices has also led to a rise in demand for high-quality repair mortars that can extend the lifespan of existing structures.
One major challenge is the availability of skilled labor for repairing concrete structures. As advanced techniques and materials are being introduced in the market, it becomes essential for workers to be trained and knowledgeable about their usage. This poses a challenge as the training process can be time-consuming and costly. Additionally, there is also a lack of standardization in terms of repair methods and materials, which can lead to confusion and inefficiencies in the market.
One of the major players in the South Korean concrete repair mortars market is Sika AG, a Swiss multinational company that specializes in chemical products for construction and industry. The company has a strong presence in the country and offers a range of high-quality concrete repair materials. BASF SE, a leading German chemical company, is also a key player in the market with its extensive portfolio of concrete repair solutions. Other significant players include Saint-Gobain Weber, LafargeHolcim Ltd., Pidilite Industries Ltd., and Mapei SpA.
The government has introduced various initiatives to encourage the use of advanced construction materials such as concrete repair mortars. The Ministry of Land, Infrastructure and Transport (MOLIT) has implemented regulations for the quality management and certification of construction materials, including concrete repair mortars. This ensures that only high-quality products are used in construction projects, promoting consumer safety and satisfaction. Additionally, the government has also been promoting green building practices by providing subsidies for buildings that meet certain energy efficiency standards, leading to an increased demand for eco-friendly concrete repair solutions.
The South Korean concrete repair mortars market is expected to witness significant growth in the coming years due to ongoing infrastructure development projects and increasing investments in public transportation and housing. The country's ageing infrastructure also presents a lucrative opportunity for the market, as there is a growing need for repair and maintenance of existing structures. Moreover, with the rising trend of sustainable construction practices, there will be an increasing demand for eco-friendly concrete repair solutions in the market.
According to Ravi Bhandari, Research Head, 6Wresearch, the polymer modified cementitious mortars segment is currently experiencing significant growth. This can be attributed to their high-performance properties such as increased flexural and compressive strength, improved durability and resistance to chemical attack.
Based on the Application, the hand/trawling holds a significant share of the South Korea market. This can be attributed to its ease of application and cost-effectiveness.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 South Korea Concrete Repair Mortars Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Concrete Repair Mortars Market Revenues & Volume, 2021 & 2031F |
3.3 South Korea Concrete Repair Mortars Market - Industry Life Cycle |
3.4 South Korea Concrete Repair Mortars Market - Porter's Five Forces |
3.5 South Korea Concrete Repair Mortars Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 South Korea Concrete Repair Mortars Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.7 South Korea Concrete Repair Mortars Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 South Korea Concrete Repair Mortars Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 South Korea Concrete Repair Mortars Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing infrastructure development projects in South Korea |
4.2.2 Growing demand for repair and maintenance of aging concrete structures |
4.2.3 Adoption of advanced materials and technologies for concrete repair |
4.3 Market Restraints |
4.3.1 High competition among market players leading to price wars |
4.3.2 Challenges related to obtaining skilled labor for concrete repair projects |
4.3.3 Environmental regulations impacting the choice of repair materials |
5 South Korea Concrete Repair Mortars Market Trends |
6 South Korea Concrete Repair Mortars Market, By Types |
6.1 South Korea Concrete Repair Mortars Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 South Korea Concrete Repair Mortars Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 South Korea Concrete Repair Mortars Market Revenues & Volume, By Polymer Modified Cementitious Mortars, 2021 - 2031F |
6.1.4 South Korea Concrete Repair Mortars Market Revenues & Volume, By Epoxy Based Mortars, 2021 - 2031F |
6.2 South Korea Concrete Repair Mortars Market, By Grade |
6.2.1 Overview and Analysis |
6.2.2 South Korea Concrete Repair Mortars Market Revenues & Volume, By Structural, 2021 - 2031F |
6.2.3 South Korea Concrete Repair Mortars Market Revenues & Volume, By Non Structural, 2021 - 2031F |
6.3 South Korea Concrete Repair Mortars Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 South Korea Concrete Repair Mortars Market Revenues & Volume, By Hand/trawling, 2021 - 2031F |
6.3.3 South Korea Concrete Repair Mortars Market Revenues & Volume, By Pouring, 2021 - 2031F |
6.3.4 South Korea Concrete Repair Mortars Market Revenues & Volume, By Spraying, 2021 - 2031F |
6.4 South Korea Concrete Repair Mortars Market, By End-use |
6.4.1 Overview and Analysis |
6.4.2 South Korea Concrete Repair Mortars Market Revenues & Volume, By Buildings & Carparks, 2021 - 2031F |
6.4.3 South Korea Concrete Repair Mortars Market Revenues & Volume, By Road Infrastructure, 2021 - 2031F |
6.4.4 South Korea Concrete Repair Mortars Market Revenues & Volume, By Utility, 2021 - 2031F |
6.4.5 South Korea Concrete Repair Mortars Market Revenues & Volume, By Marine, 2021 - 2031F |
7 South Korea Concrete Repair Mortars Market Import-Export Trade Statistics |
7.1 South Korea Concrete Repair Mortars Market Export to Major Countries |
7.2 South Korea Concrete Repair Mortars Market Imports from Major Countries |
8 South Korea Concrete Repair Mortars Market Key Performance Indicators |
8.1 Number of infrastructure projects initiated in South Korea |
8.2 Adoption rate of new concrete repair technologies in the market |
8.3 Percentage of construction companies using concrete repair mortars with high durability |
8.4 Customer satisfaction levels with the performance of concrete repair mortars |
8.5 Rate of growth in the adoption of eco-friendly concrete repair solutions |
9 South Korea Concrete Repair Mortars Market - Opportunity Assessment |
9.1 South Korea Concrete Repair Mortars Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 South Korea Concrete Repair Mortars Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.3 South Korea Concrete Repair Mortars Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 South Korea Concrete Repair Mortars Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 South Korea Concrete Repair Mortars Market - Competitive Landscape |
10.1 South Korea Concrete Repair Mortars Market Revenue Share, By Companies, 2024 |
10.2 South Korea Concrete Repair Mortars Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |