South Korea Refractories Market (2020-2026) | Industry, Companies, Size, Analysis, Share, COVID-19 IMPACT, Forecast, Revenue, Outlook, Trends, Growth & Value
Market Forecast By Form Types (Shaped Refractories, Unshaped Refractories), By Product Types (Non-clay Refractory, Clay Refractory), By End-users (Iron & Steel, Cement, Non-Ferrous Metals, Glass, Others) And Competitive Landscape
| Product Code: ETC008683 | Publication Date: Jun 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
South Korea Refractories Market Size Growth Rate
The South Korea Refractories Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate starts at 4.05% in 2025 and reaches 4.97% by 2029.
south korea refractories market Synopsis
The South Korea refractory market is expected to reach USD 2.16 billion by 2026 with an estimated CAGR of 4.9%. The increasing demand from the steel industry for high-quality refractories has been one of the primary drivers for this growth. This can be attributed to the steady increase in production capacity among existing as well as new entrants into the steel sector. Other industries that use refractories include chemicals & petrochemicals, glass & ceramics, cement and non-ferrous metals such as aluminum and copper smelting plants which have also contributed towards increased consumption levels over recent years.
South Korean suppliers are looking to expand their presence across other markets within Asia Pacific through strategic partnerships and investments while continuously innovating product offerings according to changing requirements from end users. Moreover, government initiatives regarding energy efficiency regulations may enable local manufacturers to develop products which comply with stricter environmental standards set forth by various international bodies such as ISO 9001:2015 certification scheme or ENERGY STAR program, helping them gain access into more lucrative global markets outside of Asia Pacific region.
Key Highlights of the Report:
- South Korea Refractories Market Outlook
- Market Size of South Korea Refractories Market, 2019
- Forecast of South Korea Refractories Market, 2026
- Historical Data and Forecast of South Korea Refractories Revenues & Volume for the Period 2016 - 2026
- South Korea Refractories Market Trend Evolution
- South Korea Refractories Market Drivers and Challenges
- South Korea Refractories Price Trends
- South Korea Refractories Porter's Five Forces
- South Korea Refractories Industry Life Cycle
- Historical Data and Forecast of South Korea Refractories Market Revenues & Volume By Form Types for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Refractories Market Revenues & Volume By Shaped Refractories for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Refractories Market Revenues & Volume By Unshaped Refractories for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Refractories Market Revenues & Volume By Product Types for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Refractories Market Revenues & Volume By Non-clay Refractory for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Refractories Market Revenues & Volume By Clay Refractory for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Refractories Market Revenues & Volume By End-users for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Refractories Market Revenues & Volume By Iron & Steel for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Refractories Market Revenues & Volume By Cement for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Refractories Market Revenues & Volume By Non-Ferrous Metals for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Refractories Market Revenues & Volume By Glass for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Refractories Market Revenues & Volume By Others for the Period 2016 - 2026
- South Korea Refractories Import Export Trade Statistics
- Market Opportunity Assessment By Form Types
- Market Opportunity Assessment By Product Types
- Market Opportunity Assessment By End-users
- South Korea Refractories Top Companies Market Share
- South Korea Refractories Competitive Benchmarking By Technical and Operational Parameters
- South Korea Refractories Company Profiles
- South Korea Refractories Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the South Korea Refractories 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 Refractories Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Refractories Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Refractories Market Revenues & Volume, 2019 & 2026F |
3.3 South Korea Refractories Market - Industry Life Cycle |
3.4 South Korea Refractories Market - Porter's Five Forces |
3.5 South Korea Refractories Market Revenues & Volume Share, By Form Types, 2019 & 2026F |
3.6 South Korea Refractories Market Revenues & Volume Share, By Product Types, 2019 & 2026F |
3.7 South Korea Refractories Market Revenues & Volume Share, By End-users, 2019 & 2026F |
4 South Korea Refractories Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand from the steel industry in South Korea |
4.2.2 Growth in the construction sector leading to higher demand for refractories |
4.2.3 Technological advancements and innovations in refractories production |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the cost of production |
4.3.2 Environmental regulations and sustainability concerns affecting refractories manufacturing |
4.3.3 Intense competition in the market leading to pricing pressures |
5 South Korea Refractories Market Trends |
6 South Korea Refractories Market, By Types |
6.1 South Korea Refractories Market, By Form Types |
6.1.1 Overview and Analysis |
6.1.2 South Korea Refractories Market Revenues & Volume, By Form Types, 2016 - 2026F |
6.1.3 South Korea Refractories Market Revenues & Volume, By Shaped Refractories, 2016 - 2026F |
6.1.4 South Korea Refractories Market Revenues & Volume, By Unshaped Refractories, 2016 - 2026F |
6.2 South Korea Refractories Market, By Product Types |
6.2.1 Overview and Analysis |
6.2.2 South Korea Refractories Market Revenues & Volume, By Non-clay Refractory, 2016 - 2026F |
6.2.3 South Korea Refractories Market Revenues & Volume, By Clay Refractory, 2016 - 2026F |
6.3 South Korea Refractories Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 South Korea Refractories Market Revenues & Volume, By Iron & Steel, 2016 - 2026F |
6.3.3 South Korea Refractories Market Revenues & Volume, By Cement, 2016 - 2026F |
6.3.4 South Korea Refractories Market Revenues & Volume, By Non-Ferrous Metals, 2016 - 2026F |
6.3.5 South Korea Refractories Market Revenues & Volume, By Glass, 2016 - 2026F |
6.3.6 South Korea Refractories Market Revenues & Volume, By Others, 2016 - 2026F |
7 South Korea Refractories Market Import-Export Trade Statistics |
7.1 South Korea Refractories Market Export to Major Countries |
7.2 South Korea Refractories Market Imports from Major Countries |
8 South Korea Refractories Market Key Performance Indicators |
8.1 Percentage of refractories used in the steel industry in South Korea |
8.2 Adoption rate of advanced refractories technologies in the market |
8.3 Compliance rate with environmental regulations in refractories production |
8.4 Research and development expenditure in the refractories sector |
8.5 Rate of new product introductions in the South Korea refractories market |
9 South Korea Refractories Market - Opportunity Assessment |
9.1 South Korea Refractories Market Opportunity Assessment, By Form Types, 2019 & 2026F |
9.2 South Korea Refractories Market Opportunity Assessment, By Product Types, 2019 & 2026F |
9.3 South Korea Refractories Market Opportunity Assessment, By End-users, 2019 & 2026F |
10 South Korea Refractories Market - Competitive Landscape |
10.1 South Korea Refractories Market Revenue Share, By Companies, 2019 |
10.2 South Korea Refractories Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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