South Korea Construction Materials Market (2025-2031) | Revenue, Outlook, Industry, Trends, Forecast, Value, Size, Share, Analysis, Companies & Growth

Market Forecast By Product type (Construction aggregates, Concrete bricks, Cement, Construction metals), By Application (Residential, Commercial, Industrial) And Competitive Landscape

Product Code: ETC016723 Publication Date: Oct 2020 Updated Date: Nov 2025 Product Type: Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

South Korea Construction Materials Market Growth Rate

According to 6Wresearch internal database and industry insights, the South Korea Construction Materials Market is projected to grow at a compound annual growth rate (CAGR) of 5.4% during the forecast period (2025–2031).

South Korea Construction Materials Market Highlights

Report Name South Korea Construction Materials Market
Forecast period 2025-2031
CAGR 5.4%
Growing Sector Infrastructure and Construction

Five-Year Growth Trajectory of the South Korea Construction Materials Market with Core Drivers

Below mentioned are the evaluation of year-wise growth rate along with key drivers:

Years Est. Annual Growth () Short Drivers
2020 1 Maintenance-focused civil works and steady public repair budgets stabilized cement and steel off-take.
2021 2.2 Gradual restart of metro/rail packages and housing renovations lifted concrete and glass demand.
2022 3.4 Korean New Deal (digital + green) works and data center/warehouse builds supported steel and ready-mix.
2023 4.6 Semiconductor fab investments (Yongin/Daegu clusters) and port/airport upgrades boosted bulk materials.
2024 5.3 GTX commuter rail corridors, road refurbishments, and zero-energy building retrofits increased blended cement, glass, and rebar consumption.

Topics Covered in the South Korea Construction Materials Market Report

The South Korea Construction Materials Market report thoroughly covers the market by material type, application, end user, form, and distribution channel. The report provides an unbiased and detailed analysis of ongoing market trends, opportunities/high-growth areas, and market drivers that will help stakeholders devise and align strategies according to current and future market dynamics.

South Korea Construction Materials Market Synopsis

South Korea Construction Materials Market is set to grow steadily, driven by ongoing modernization of transport networks, rapid expansion of high-tech industrial facilities such as semiconductor plants and data centers, and consistent residential redevelopment across urban areas. Growing focus on eco-friendly materials, green retrofits, and zero-energy standards is elevating demand for advanced cement, steel, concrete, and glazing products, fostering South Korea Construction Materials Market Growth centered on innovation and sustainability.

Evaluation of Growth Drivers in the South Korea Construction Materials Market

Below mentioned are some prominent drivers and their influence on the South Korea Construction Materials Market dynamics:

Drivers Primary Segments Affected Why it Matters (Evidence)
High-Tech Manufacturing Investments (semiconductor/battery clusters) Steel, Concrete Fab shells and utility blocks are steel- and concrete-intensive; schedule-critical builds pull premium materials.
Urban Rail & Express Networks (GTX, metro extensions) Cement, Concrete, Steel Tunnels/viaducts require bulk concrete and rebar; stations demand architectural glass systems.
Green Remodeling & ZEB Mandate (public buildings first) Glass, Cement (blended), Wood Energy codes push efficient glazing, blended cements, and low-embodied-carbon materials in retrofits.
Smart/Logistics Hubs & Ports (Busan New Port, ICDs) Steel, Concrete, Glass Large-span warehouses and terminals consume long steel, slabs, and façade glass.

South Korea Construction Materials Market is expected to grow steadily at 5.4% CAGR between 2025 and 2031. The Growth of the market is driven by large-scale public infrastructure projects, expansion of high-tech industrial facilities, and implementation of strict energy-efficiency regulations. The South Korea Construction Materials Market Growth is also driven by increasing investments in transport systems, smart cities, and green buildings. Cement, concrete, and steel are likely to remain the main foundations of civil and industrial construction due to their structural stability and durability. At the same time, next-generation glass materials are expected to gain increasing traction in energy-efficient façades and contemporary architecture.

Evaluation of Restraints in the South Korea Construction Materials Market

Below mentioned are some major restraints and their influence on the South Korea Construction Materials Market dynamics:

Restraints Primary Segments Affected What this Means (Evidence)
Input Energy & Raw Material Volatility (coal, clinker, scrap) Cement, Steel Pricing swings pressure producer margins and bid certainty for EPCs.
Labor Demographics & Skilled Shortage All Materials Higher labor costs and limited skilled crews slow advanced material adoption on smaller sites.
Stringent Emissions Compliance & Capex Cement, Glass Decarbonization investments (kiln upgrades, waste heat) raise fixed costs.
Permitting & Community Constraints (dense metros) Concrete, Steel Noise/traffic limits restrict delivery windows; adds logistics and time risk.

South Korea Construction Materials Market Challenges

The South Korea Construction Materials Industry Challenges are increasing logistical complications in densely populated urban areas, increasing costs to deliver projects, and a growing lack of skilled labor caused by changes in demographics. Investments in transforming cement kilns, steel furnaces, and glass production lines to meet decarbonization commitments requires a significant amount of capital by manufacturers. In addition, large industrial development projects continue to face risks that are inherent in a limited supply chain for premium-grade materials. Furthermore, scattered networks to renovate and retrofit buildings create barriers for wide-spread adoption of innovative, sustainable, and high-performance materials for construction.

South Korea Construction Materials Market Trends

Several significant trends are impacting South Korea Construction Materials Industry:

  • Low-Carbon & Blended Cements: Accelerating substitution with slag/fly-ash cements and calcined clays to cut clinker intensity and improve durability.
  • High-Performance & Self-Compacting Concrete (SCC): Faster placement and superior finish quality for high-rise cores, long spans, and precast elements.
  • Advanced Façade Systems & Smart Glass: Improved energy efficiency and aesthetics in commercial and residential buildings; rising double/triple glazing penetration.
  • Precast/Modular & Offsite Manufacturing: Shorter cycle times, reduced on-site labor, and consistent quality for stations, warehouses, and housing.

Investment Opportunities in the South Korea Construction Materials Industry

Some of the notable investment opportunities are:

  • Precast & Modular Plants: Automated plants near Seoul–Incheon and Daegu–Gyeongbuk to serve rail, fabs, and housing.
  • Green Grinding Units & SCM Hubs: Slag/fly-ash blending capacity aligned with low-carbon cement demand.
  • High-Performance Glass & Envelope Manufacturing: Local capacity for low-E, smart, and fire-rated systems supporting ZEB goals.
  • Recycling & C&D Processing: Facilities producing certified recycled aggregates and powders for green remodeling.
  • Data Center & Fab Supply Partnerships: Long-term supply MOUs for premium concrete, rebar, and specialty steels.

Top 5 Leading Players in the South Korea Construction Materials Market

Below is the list of prominent companies leading in the South Korea Construction Materials Market Share:

1. POSCO Holdings

Company Name POSCO Holdings
Headquarters Pohang, South Korea
Established Year 1968
Official Website Click Here

POSCO Holdings is one of the world’s largest steel producers, manufacturing high-strength rebars, H-beams, and flat steel products. The company plays a key role in infrastructure, industrial estates, and high-rise construction projects, supporting sustainable and high-performance building applications globally.

2. Hyundai Steel Company

Company Name Hyundai Steel Company
Headquarters Seoul, South Korea
Established Year 1953
Official Website Click Here

Hyundai Steel Company is a leading integrated steel manufacturer, producing long and flat steel products for bridges, railways, industrial plants, and residential structures. The company focuses on advanced steelmaking technologies and eco-friendly production processes.

3. Ssangyong C&E Co., Ltd.

Company Name Ssangyong C&E Co., Ltd.
Headquarters Seoul, South Korea
Established Year 1961
Official Website Click Here

Ssangyong C&E Co., Ltd. is a prominent cement and concrete manufacturer, producing clinker, blended cements, and ready-mix concrete. The company prioritises low-carbon and high-performance construction materials, serving major civil engineering and building projects across Korea.

4. Hanil Cement Co., Ltd.

Company Name Hanil Cement Co., Ltd.
Headquarters Seoul, South Korea
Established Year 1961
Official Website Click Here

Hanil Cement Co., Ltd. is one of South Korea’s leading cement producers, offering bulk and bagged cement, aggregates, and building materials. The company supplies materials for metro rail networks, port developments, and urban redevelopment projects, emphasizing quality and efficiency in construction.

5. KCC Glass Corporation

Company Name KCC Glass Corporation
Headquarters Seoul, South Korea
Established Year 1958
Official Website Click Here

KCC Glass Corporation manufactures architectural glazing systems, including low-emissivity and fire-rated glass for energy-efficient façades. Its products are widely used in offices, housing, and public buildings, supporting Korea’s push toward sustainable and high-tech architecture.

overnment Regulations Introduced in the South Korea Construction Materials Market

According to South Korean Government data, South Korea policy frameworks, the Korean New Deal (Green & Digital) advances low-carbon materials adoption, while the Zero Energy Building (ZEB) roadmap phases in performance thresholds for public and, progressively, private buildings. The Building Energy Efficiency Certification promotes high-performance glazing and insulation; the Framework Act on Resource Circulation supports recycled aggregates and C&D waste utilization; and national SOC programs (GTX commuter rail, expressways, and port upgrades) underpin sustained bulk materials demand through multi-year budgeting.

Future Insights of the South Korea Construction Materials Market

South Korea Construction Materials Industry is expected to sustain strong growth, supported by large-scale investments in high-tech industrial facilities, zero-energy building retrofits, and expansion of metropolitan rail and port networks. Capacity growth in blended cement, precast, and advanced glass production, along with digital procurement and BIM integration, will improve cost efficiency and project scheduling. Over time, enhanced circularity, recycling initiatives, and electrified manufacturing processes will strengthen competitiveness, sustainability, and resilience across the national construction materials supply chain.

Market Segmentation Analysis

The report offers a comprehensive study of the subsequent market segments and their leading categories.

By Material Type – Concrete to Dominate the Market

According to Ritika Kalra, Senior Research Analyst, 6Wresearch, Concrete is projected to dominate the South Korea Construction Materials Market Share due to its critical role in tunnels, viaducts, fab foundations, and high-rise cores. The surge in GTX rail corridors, semiconductor fabs, and logistics hubs necessitates high-performance, self-compacting, and precast concrete solutions for speed, strength, and durability across civil and industrial builds.

By Application – Infrastructure Development to Dominate the Market

Infrastructure Development holds the largest share as sustained investment in commuter rail, highways, and ports drives long-cycle consumption of cement, concrete, and steel. Complex underground and marine works intensify per-project volumes, elevating structural materials and advanced façade requirements for intermodal facilities.

By End User – Government Agencies to Dominate the Market

Government Agencies lead demand since multi-year SOC programs, public building retrofits, and transit expansions are publicly funded and centrally coordinated, ensuring consistent, bulk procurement of structural materials and performance glazing at scale.

By Form – Solid to Dominate the Market

Solid form materials—rebar, beams, precast elements, blocks, and glass panels—dominate given their structural function in cores, decks, bridges, and envelopes. Preference for ready-to-install solids aligns with modular and precast adoption to shorten schedules and standardize quality.

By Distribution Channel – Direct Sales to Dominate the Market

Direct Sales dominate as primary producers maintain framework contracts and just-in-time delivery to EPCs and public agencies, enabling predictable pricing, technical support, and logistics coordination on schedule-critical projects.

Key Attractiveness of the Report

  • 10 Years of Market Numbers
  • Historical Data Starting from 2021 to 2024
  • Base Year: 2024
  • Forecast Data until 2031
  • Key Performance Indicators Impacting the Market
  • Major Upcoming Developments and Projects

Key Highlights of the Report:

  • South Korea Construction Materials Market Outlook
  • Market Size of South Korea Construction Materials Market
  • Forecast of South Korea Construction Materials Market, 2031
  • Historical Data and Forecast of South Korea Construction Materials Revenues & Volume for the Period 2021 - 2031
  • South Korea Construction Materials Market Trend Evolution
  • South Korea Construction Materials Market Drivers and Challenges
  • South Korea Construction Materials Price Trends
  • South Korea Construction Materials Porter's Five Forces
  • South Korea Construction Materials Industry Life Cycle
  • Historical Data and Forecast of South Korea Construction Materials Market Revenues & Volume By Product Type? for the Period 2021 - 2031
  • Historical Data and Forecast of South Korea Construction Materials Market Revenues & Volume By Construction Aggregates for the Period 2021 - 2031
  • Historical Data and Forecast of South Korea Construction Materials Market Revenues & Volume By Concrete Bricks for the Period 2021 - 2031
  • Historical Data and Forecast of South Korea Construction Materials Market Revenues & Volume By Cement for the Period 2021 - 2031
  • Historical Data and Forecast of South Korea Construction Materials Market Revenues & Volume By Construction Metals for the Period 2021 - 2031
  • Historical Data and Forecast of South Korea Construction Materials Market Revenues & Volume By Application for the Period 2021 - 2031
  • Historical Data and Forecast of South Korea Construction Materials Market Revenues & Volume By Residential for the Period 2021 - 2031
  • Historical Data and Forecast of South Korea Construction Materials Market Revenues & Volume By Commercial for the Period 2021 - 2031
  • Historical Data and Forecast of South Korea Construction Materials Market Revenues & Volume By Industrial for the Period 2021 - 2031
  • South Korea Construction Materials Import Export Trade Statistics
  • Market Opportunity Assessment By Product Type?
  • Market Opportunity Assessment By Application
  • South Korea Construction Materials Top Companies Market Share
  • South Korea Construction Materials Competitive Benchmarking By Technical and Operational Parameters
  • South Korea Construction Materials Company Profiles
  • South Korea Construction Materials Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Product Type:

  • Construction Aggregates
  • Concrete Bricks
  • Cement
  • Construction Metals

By Application:

  • Residential
  • Commercial
  • Industrial

South Korea Construction Materials Market (2025-2031): FAQs

The South Korea Construction Materials Market is projected to grow at a CAGR of 5.4 during the forecast period.
Concrete dominates due to extensive use in rail/metro structures, tunnels, fabs, and high-rise cores requiring performance concrete solutions.
Low-carbon blended cements, SCC/HPC concrete, smart façades, precast/modular construction, and e-procurement with BIM integration are major trends.
The leading players in the South Korea Construction Materials Market include POSCO, Hyundai Steel, Hanil Cement, Asia Cement, and LG Hausys.
6Wresearch actively monitors the South Korea Construction Materials Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the South Korea Construction Materials Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Construction Materials Market Overview
3.1 South Korea Country Macro Economic Indicators
3.2 South Korea Construction Materials Market Revenues & Volume, 2021 & 2031F
3.3 South Korea Construction Materials Market - Industry Life Cycle
3.4 South Korea Construction Materials Market - Porter's Five Forces
3.5 South Korea Construction Materials Market Revenues & Volume Share, By Product type 2021 & 2031F
3.6 South Korea Construction Materials Market Revenues & Volume Share, By Application, 2021 & 2031F
4 South Korea Construction Materials Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.2.1 Government investments in infrastructure projects
4.2.2 Growing urbanization and industrialization
4.2.3 Demand for sustainable and energy-efficient materials
4.3 Market Restraints
4.3.1 Fluctuating raw material prices
4.3.2 Regulatory challenges in obtaining permits and approvals
4.3.3 Competition from alternative building materials
5 South Korea Construction Materials Market Trends
6 South Korea Construction Materials Market, By Types
6.1 South Korea Construction Materials Market, By Product type
6.1.1 Overview and Analysis
6.1.2 South Korea Construction Materials Market Revenues & Volume, By Product type 2021 - 2031F
6.1.3 South Korea Construction Materials Market Revenues & Volume, By Construction aggregates, 2021 - 2031F
6.1.4 South Korea Construction Materials Market Revenues & Volume, By Concrete bricks, 2021 - 2031F
6.1.5 South Korea Construction Materials Market Revenues & Volume, By Cement, 2021 - 2031F
6.1.6 South Korea Construction Materials Market Revenues & Volume, By Construction metals, 2021 - 2031F
6.2 South Korea Construction Materials Market, By Application
6.2.1 Overview and Analysis
6.2.2 South Korea Construction Materials Market Revenues & Volume, By Residential, 2021 - 2031F
6.2.3 South Korea Construction Materials Market Revenues & Volume, By Commercial, 2021 - 2031F
6.2.4 South Korea Construction Materials Market Revenues & Volume, By Industrial, 2021 - 2031F
7 South Korea Construction Materials Market Import-Export Trade Statistics
7.1 South Korea Construction Materials Market Export to Major Countries
7.2 South Korea Construction Materials Market Imports from Major Countries
8 South Korea Construction Materials Market Key Performance Indicators
8.1 Number of new infrastructure projects initiated
8.2 Adoption rate of sustainable construction materials
8.3 Construction material innovation index
8.4 Construction material recycling rate
8.5 Construction material carbon footprint reduction effort
9 South Korea Construction Materials Market - Opportunity Assessment
9.1 South Korea Construction Materials Market Opportunity Assessment, By Product type 2021 & 2031F
9.2 South Korea Construction Materials Market Opportunity Assessment, By Application, 2021 & 2031F
10 South Korea Construction Materials Market - Competitive Landscape
10.1 South Korea Construction Materials Market Revenue Share, By Companies, 2024
10.2 South Korea Construction Materials Market Competitive Benchmarking, By Operating and Technical Parameters
11 Company Profiles
12 Recommendations
13 Disclaimer
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