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South Korea Steel Market to 2027

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    Report

  • 46 Pages
  • December 2023
  • Region: South Korea
  • MarketLine
  • ID: 5927666
Description Jump to:
Steel in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The steel market consists of the production of crude steel in the stated country or region.
  • South Korea captured a share of 4.8% in the Asia-Pacific steel market, in 2022.
  • The South Korean steel market had total revenues of $55.5 billion in 2022, representing a compound annual growth rate (CAGR) of 6.5% between 2017 and 2022.
  • Market production volumes declined with a negative CAGR of 1.5% between 2017 and 2022, to reach a total of 65,846.2 thousand tonnes in 2022.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the steel market in South Korea
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the steel market in South Korea
  • Leading company profiles reveal details of key steel market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the South Korea steel market with five year forecasts

Reasons to Buy

  • What was the size of the South Korea steel market by value in 2022?
  • What will be the size of the South Korea steel market in 2027?
  • What factors are affecting the strength of competition in the South Korea steel market?
  • How has the market performed over the last five years?
  • What are the main segments that make up South Korea's steel market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market rivalry
1.7. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the key players in this sector?
7.2. What strengths and strategies of the market players?
7.3. Have there been any recent developments in the market??
7.4. What are the challenges faced by the players in the market?
8 Company Profiles
8.1. POSCO Holdings Inc
8.2. Hyundai Steel Co
8.3. DongkukHoldings Co Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: South Korea steel market value: $ million, 2017-22
Table 2: South Korea steel market volume: thousand tonnes, 2017-22
Table 3: South Korea steel market geography segmentation: $ million, 2022
Table 4: South Korea steel market value forecast: $ million, 2022-27
Table 5: South Korea steel market volume forecast: thousand tonnes, 2022-27
Table 6: POSCO Holdings Inc: key facts
Table 7: POSCO Holdings Inc: Annual Financial Ratios
Table 8: POSCO Holdings Inc: Key Employees
Table 9: POSCO Holdings Inc: Key Employees Continued
Table 10: POSCO Holdings Inc: Key Employees Continued
Table 11: Hyundai Steel Co: key facts
Table 12: Hyundai Steel Co: Annual Financial Ratios
Table 13: Hyundai Steel Co: Key Employees
Table 14: DongkukHoldings Co Ltd: key facts
Table 15: DongkukHoldings Co Ltd: Annual Financial Ratios
Table 16: DongkukHoldings Co Ltd: Key Employees
Table 17: South Korea size of population (million), 2018-22
Table 18: South Korea gdp (constant 2005 prices, $ billion), 2018-22
Table 19: South Korea gdp (current prices, $ billion), 2018-22
Table 20: South Korea inflation, 2018-22
Table 21: South Korea consumer price index (absolute), 2018-22
Table 22: South Korea exchange rate, 2018-22
List of Figures
Figure 1: South Korea steel market value: $ million, 2017-22
Figure 2: South Korea steel market volume: thousand tonnes, 2017-22
Figure 3: South Korea steel market geography segmentation: % share, by value, 2022
Figure 4: South Korea steel market value forecast: $ million, 2022-27
Figure 5: South Korea steel market volume forecast: thousand tonnes, 2022-27
Figure 6: Forces driving competition in the steel market in South Korea, 2022
Figure 7: Drivers of buyer power in the steel market in South Korea, 2022
Figure 8: Drivers of supplier power in the steel market in South Korea, 2022
Figure 9: Factors influencing the likelihood of new entrants in the steel market in South Korea, 2022
Figure 10: Factors influencing the threat of substitutes in the steel market in South Korea, 2022
Figure 11: Drivers of degree of rivalry in the steel market in South Korea, 2022

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • POSCO Holdings Inc
  • Hyundai Steel Co
  • DongkukHoldings Co Ltd

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About the Steel Market

The Steel market is a sector of the global economy that produces and distributes steel products. Steel is a versatile material used in a variety of industries, including construction, automotive, and energy. Steel is produced through a process of melting iron ore and other materials in a furnace, and then shaping the molten material into a variety of shapes and sizes. Steel companies are involved in the production, distribution, and sale of steel products. These companies range from large multinational corporations to small, local businesses. Some of the major players in the steel market include ArcelorMittal, Nippon Steel, POSCO, JFE Steel, and Tata Steel. Other companies in the market include U.S. Steel, ThyssenKrupp, Baosteel, and Shougang Group. Show Less Read more

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