Product Code: ETC008503 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
South Korea Copper market currently, in 2023, has witnessed an HHI of 9807, Which has increased slightly as compared to the HHI of 8860 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The South Korean copper market is expected to experience an increase in demand due to the country?s continued investments in infrastructure and energy projects. Growing importation of copper from China, Japan, and other countries is also anticipated to fuel the market growth. The increasing adoption of advanced technologies such as superconductors, renewable energy sources, and green buildings are further expected to drive the consumption of copper in South Korea.
The South Korean government has implemented a number of policies and initiatives aimed at encouraging investment in construction projects. This includes increased public-private partnerships (PPPs), tax incentives for businesses investing in new technology, loans for innovative projects, and subsidies for research & development activities related to smart cities initiatives.
Additionally, with rising environmental concerns globally there has been an upsurge in demand for green building materials which require large amounts of copper during their production processes including pipes wiring etc., thus boosting the overall consumption trend within this industry segment significantly over the forecast period.
Moreover favorable economic conditions have led to substantial investments into R&D activities across industrial applications, generating opportunities for companies operating within this space while contributing towards technological advancements which have benefitted consumers immensely by way of enhanced efficiency levels associated with products made from locally sourced raw materials like that of copper resulting into increased domestic presence amongst local manufacturers leading toward a highly competitive marketplace scenario characterized by greater competition driving down prices hence improving upon affordability among end users eventually providing impetus towards higher sales volume on account thereof leading toward positive outlooks being maintained over 2020-2026 period regarding overall growth prospects throughout south korean marketspace dominated by domestic players having connections with overseas counterparts mainly across developed economies enabling access towards sophisticated machineries thereby enabling them cater more efficiently regarding consumer needs pertaining specifically around quality parameters corresponding largely via manufacturing output capacities alongwith maintaining desired standards ensuring global compliance concerning required norms imposed accordingly .
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 Copper Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Copper Market Revenues & Volume, 2019 & 2026F |
3.3 South Korea Copper Market - Industry Life Cycle |
3.4 South Korea Copper Market - Porter's Five Forces |
3.5 South Korea Copper Market Revenues & Volume Share, By Applications, 2019 & 2026F |
3.6 South Korea Copper Market Revenues & Volume Share, By Product Type, 2019 & 2026F |
4 South Korea Copper Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 South Korea Copper Market Trends |
6 South Korea Copper Market, By Types |
6.1 South Korea Copper Market, By Applications |
6.1.1 Overview and Analysis |
6.1.2 South Korea Copper Market Revenues & Volume, By Applications, 2016 - 2026F |
6.1.3 South Korea Copper Market Revenues & Volume, By Building & Construction, 2016 - 2026F |
6.1.4 South Korea Copper Market Revenues & Volume, By Electrical & Electronics, 2016 - 2026F |
6.1.5 South Korea Copper Market Revenues & Volume, By Industrial Machinery & Equipment, 2016 - 2026F |
6.1.6 South Korea Copper Market Revenues & Volume, By Transportation, 2016 - 2026F |
6.1.7 South Korea Copper Market Revenues & Volume, By Consumer & General Products, 2016 - 2026F |
6.2 South Korea Copper Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 South Korea Copper Market Revenues & Volume, By Rods and Wires, 2016 - 2026F |
6.2.3 South Korea Copper Market Revenues & Volume, By Plates and Strips, 2016 - 2026F |
6.2.4 South Korea Copper Market Revenues & Volume, By Tubes, 2016 - 2026F |
6.2.5 South Korea Copper Market Revenues & Volume, By Others, 2016 - 2026F |
7 South Korea Copper Market Import-Export Trade Statistics |
7.1 South Korea Copper Market Export to Major Countries |
7.2 South Korea Copper Market Imports from Major Countries |
8 South Korea Copper Market Key Performance Indicators |
9 South Korea Copper Market - Opportunity Assessment |
9.1 South Korea Copper Market Opportunity Assessment, By Applications, 2019 & 2026F |
9.2 South Korea Copper Market Opportunity Assessment, By Product Type, 2019 & 2026F |
10 South Korea Copper Market - Competitive Landscape |
10.1 South Korea Copper Market Revenue Share, By Companies, 2019 |
10.2 South Korea Copper Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |