SOUTH KOREA CEMENT MARKET

INTRODUCTION

The cement sector in South Korea has seen tremendous investment. The cement industry in South Korea appears to be entering a period of long-term reconfiguration.

SOUTH KOREA CEMENT MARKET SIZE AND FORECAST

The South Korea Cement Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.

NEW PRODUCT LAUNCH

The best conductive carbon fiber volume for cement-based conductive composites for usage in net-zero energy buildings has been discovered by researchers at Incheon National University.

According to the researchers, 1% conductive carbon fiber concentration allows for maximal energy generation from occupant movements and weather against floors and walls. It also makes it possible to store power at safe voltages. The technology behind the product is triboelectric nanogenerator (TENG).

MARKET DYNAMICS

A TEC has installed and commissioned a ReduDust dust treatment unit in Ssangyong Cement's Donghae cement factory in Gangwon's chlorine bypass system. The ReduDust plant will recover salts from dust, allowing the cement manufacturer to reuse the dust.

The Sampyo Group has announced a 35 percent reduction in Scope 1 and 2 CO2 emissions. In the first phase, Sampyo Cement's parent firm hopes to do this through increasing the use of alternative fuels, improving energy efficiency, introducing low-carbon raw materials like fly ash, and developing sustainable products. By 2050, the corporation wants to be producing no CO2.

Hanil Hyundai Cement has placed an order with Kawasaki Heavy Industries in Japan for a steam-based waste heat recovery (WHR) system. Two of the production lines at the Yeongwol facility in Gangwon Province will be powered by the 22.6MW system. According to the provider, the system is estimated to generate around 30% of the energy required by the plant.

COMPANY PROFILE

• Asia Cement
• Hyundai Cement
• Hanil Cement
• Sampyo Cement
• Sungshin Cement Co.
• Eugene Concrete
• POSCO Chemtech Co.
• Hankook Cement & Textile Co.

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost per South Korea Cement Market right now and how will it change in the next 5-6 years?
2. Average cost to set up a Cement Market in South Korea?
3. How many South Korea Cement Markets are manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of a South Korea Cement Market  and key vendor selection criteria
6. Where is the South Korea Cement Market manufactured? What is the average margin per equipment?
7. Market share of South Korea Cement Market manufacturers and their upcoming products
8. The most important planned South Korea Cement Market  in next 2 years
9. Details on network of major South Korea Cement Market and pricing plans
10. Cost advantage for OEMs who manufacture South Korea Cement Market in-house
11. 5 key predictions for next 5 years in South Korea Cement Market
12. Average B-2-B South Korea Cement Market price in all segments
13. Latest trends in South Korea Cement Market, by every market segment
14. The market size (both volume and value) of the South Korea Cement Market in 2022-2027 and every year in between?
15. Global production breakup of South Korea Cement Market, by suppliers and their OEM relationship