B2B drives market demand, with B2B spending representing 99.9% of total demand in 2024. South Korea has the second largest market size for coating of metals and mechanical engineering regionally, with demand reaching USD28.2 billion in 2024. Posco Coated & Color Steel Co Ltd is the largest company in South Korea, generating 3.9% of the industry’s total production value in 2024. The industry is fragmented, with the top three companies generating 4.4% of total production value in 2024. The total number of companies increases in 2024, to 72,926 units. The costs of the industry increase by 6% in 2024, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 23.6% of production value in 2024, the fifth highest regionally. With production value of USD28.5 billion, South Korea accounts for 29.4% of the Asia Pacific total in 2024.
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Overview:
This Euromonitor industrial report provides unique information on Coating of Metals and Mechanical Engineering in South Korea: ISIC 2892. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Coating of Metals and Mechanical Engineering in South Korea: ISIC 2892 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Metal Products in South Korea report includes:
- Five year forecasts on industry’s historic trends and growth
- Insights on key factors shaping industry’s historic and future performance
- Historic data on industry’s turnover, market size, imports and exports
- Detailed overview of industry’s supply and demand structure
- Analysis of competitive landscape changes within the industry
This report answers:
- What is the turnover of the Metal Products?
- How the Metal Products will perform in the future?
- Which categories are driving industry's growth?
- Which factors will shape industry’s performance?
- What is the industry’s costs and demand structure?
- How profitable is the industry?
- Is industry’s competitive landscape concentrated or fragmented?
Coating of Metals and Mechanical Engineering in South Korea: ISIC 2892
HEADLINES
MARKET OVERVIEW
Metal Products
This is the aggregation of basic iron and steel, basic preciuos and non-ferrous metals, casting of metals, coating of metals and mechanical engineering, forming of metal and power metallurgy, metal packaking, wire and other fabricated metal products.
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- Understand future opportunities and threats within the industry
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