South Korea Steel Market (2020-2026) | Growth, Analysis, Companies, Revenue, Trends, Outlook, Share, Industry, Value, Size, COVID-19 IMPACT & Forecast
Market Forecast By Types (Flat Steel, Long Steel), By Product Type (Structural Steel, Prestressing Steel, Bright Steel, Welding Wire/Rod, Iron Steel Wire, Ropes, Braids), By Applications (Building & Construction, Electrical Appliances, Metal Products, Domestic Appliances, Mechanical Equipment, Automotive, Others) And Competitive Landscape
| Product Code: ETC007963 | 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 Steel Market Size Growth Rate
The South Korea Steel Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate starts at 3.92% in 2025 and reaches 4.75% by 2029.
south korea steel market Synopsis
The South Korea steel market is expected to witness steady growth over the forecast period of 2020-2026, primarily driven by increasing demand from construction and automotive industries. The market is also likely to benefit from government initiatives such as the New Deal on Infrastructure & Major Steel Structures which focuses on developing projects that enhance infrastructure in the country. Additionally, increasing foreign investments are expected to promote new opportunities for manufacturers in this sector. The South Korean steel industry has been witnessing a surge in its production capacity due to rising demand from foreign countries, especially China. Moreover, with stricter environmental regulations being implemented, companies have shifted their focus towards producing products with higher quality standards. This has resulted in an increase in domestic consumption of steel as well. Furthermore, increased use of advanced technologies such as automation and robotics is likely to drive the market further during the forecast period.
Key Highlights of the Report:
- South Korea Steel Market Outlook
- Market Size of South Korea Steel Market, 2019
- Forecast of South Korea Steel Market, 2026
- Historical Data and Forecast of South Korea Steel Revenues & Volume for the Period 2016 - 2026
- South Korea Steel Market Trend Evolution
- South Korea Steel Market Drivers and Challenges
- South Korea Steel Price Trends
- South Korea Steel Porter's Five Forces
- South Korea Steel Industry Life Cycle
- Historical Data and Forecast of South Korea Steel Market Revenues & Volume By Types for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Steel Market Revenues & Volume By Flat Steel for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Steel Market Revenues & Volume By Long Steel for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Steel Market Revenues & Volume By Product Type for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Steel Market Revenues & Volume By Structural Steel for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Steel Market Revenues & Volume By Prestressing Steel for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Steel Market Revenues & Volume By Bright Steel for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Steel Market Revenues & Volume By Welding Wire/Rod for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Steel Market Revenues & Volume By Iron Steel Wire for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Steel Market Revenues & Volume By Ropes for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Steel Market Revenues & Volume By Braids for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Steel Market Revenues & Volume By Applications for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Steel Market Revenues & Volume By Building & Construction for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Steel Market Revenues & Volume By Electrical Appliances for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Steel Market Revenues & Volume By Metal Products for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Steel Market Revenues & Volume By Domestic Appliances for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Steel Market Revenues & Volume By Mechanical Equipment for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Steel Market Revenues & Volume By Automotive for the Period 2016 - 2026
- Historical Data and Forecast of South Korea Steel Market Revenues & Volume By Others for the Period 2016 - 2026
- South Korea Steel Import Export Trade Statistics
- Market Opportunity Assessment By Types
- Market Opportunity Assessment By Product Type
- Market Opportunity Assessment By Applications
- South Korea Steel Top Companies Market Share
- South Korea Steel Competitive Benchmarking By Technical and Operational Parameters
- South Korea Steel Company Profiles
- South Korea Steel Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the South Korea Steel 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 Steel 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 Steel Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Steel Market Revenues & Volume, 2019 & 2026F |
3.3 South Korea Steel Market - Industry Life Cycle |
3.4 South Korea Steel Market - Porter's Five Forces |
3.5 South Korea Steel Market Revenues & Volume Share, By Types, 2019 & 2026F |
3.6 South Korea Steel Market Revenues & Volume Share, By Product Type, 2019 & 2026F |
3.7 South Korea Steel Market Revenues & Volume Share, By Applications, 2019 & 2026F |
4 South Korea Steel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand from the automotive industry |
4.2.2 Infrastructure development projects in South Korea |
4.2.3 Technological advancements in the steel manufacturing process |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Increasing competition from other steel-producing countries |
4.3.3 Environmental regulations impacting production costs |
5 South Korea Steel Market Trends |
6 South Korea Steel Market, By Types |
6.1 South Korea Steel Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 South Korea Steel Market Revenues & Volume, By Types, 2016 - 2026F |
6.1.3 South Korea Steel Market Revenues & Volume, By Flat Steel, 2016 - 2026F |
6.1.4 South Korea Steel Market Revenues & Volume, By Long Steel, 2016 - 2026F |
6.2 South Korea Steel Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 South Korea Steel Market Revenues & Volume, By Structural Steel, 2016 - 2026F |
6.2.3 South Korea Steel Market Revenues & Volume, By Prestressing Steel, 2016 - 2026F |
6.2.4 South Korea Steel Market Revenues & Volume, By Bright Steel, 2016 - 2026F |
6.2.5 South Korea Steel Market Revenues & Volume, By Welding Wire/Rod, 2016 - 2026F |
6.2.6 South Korea Steel Market Revenues & Volume, By Iron Steel Wire, 2016 - 2026F |
6.2.7 South Korea Steel Market Revenues & Volume, By Ropes, 2016 - 2026F |
6.3 South Korea Steel Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 South Korea Steel Market Revenues & Volume, By Building & Construction, 2016 - 2026F |
6.3.3 South Korea Steel Market Revenues & Volume, By Electrical Appliances, 2016 - 2026F |
6.3.4 South Korea Steel Market Revenues & Volume, By Metal Products, 2016 - 2026F |
6.3.5 South Korea Steel Market Revenues & Volume, By Domestic Appliances, 2016 - 2026F |
6.3.6 South Korea Steel Market Revenues & Volume, By Mechanical Equipment, 2016 - 2026F |
6.3.7 South Korea Steel Market Revenues & Volume, By Automotive, 2016 - 2026F |
7 South Korea Steel Market Import-Export Trade Statistics |
7.1 South Korea Steel Market Export to Major Countries |
7.2 South Korea Steel Market Imports from Major Countries |
8 South Korea Steel Market Key Performance Indicators |
8.1 Energy efficiency improvements in steel production |
8.2 Adoption of sustainable practices in the steel industry |
8.3 Research and development investment in new steel technologies |
9 South Korea Steel Market - Opportunity Assessment |
9.1 South Korea Steel Market Opportunity Assessment, By Types, 2019 & 2026F |
9.2 South Korea Steel Market Opportunity Assessment, By Product Type, 2019 & 2026F |
9.3 South Korea Steel Market Opportunity Assessment, By Applications, 2019 & 2026F |
10 South Korea Steel Market - Competitive Landscape |
10.1 South Korea Steel Market Revenue Share, By Companies, 2019 |
10.2 South Korea Steel Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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