South Korea Composite Concrete Deck Market Size & Outlook
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South Korea composite concrete deck market highlights
- The South Korea composite concrete deck market generated a revenue of USD 6.8 million in 2022 and is expected to reach USD 11.8 million by 2030.
- The South Korea market is expected to grow at a CAGR of 7.1% from 2023 to 2030.
- In terms of segment, 3 thickness was the largest revenue generating type in 2022.
- 1.5 Thickness is the most lucrative type segment registering the fastest growth during the forecast period.
Composite concrete deck market data book summary
| Market revenue in 2022 | USD 6.8 million |
| Market revenue in 2030 | USD 11.8 million |
| Growth rate | 7.1% (CAGR from 2022 to 2030) |
| Largest segment | 3 thickness |
| Fastest growing segment | 1.5 Thickness |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | 1.5 Thickness, 2 Thickness, 3 Thickness |
| Key market players worldwide | Tata Steel Ltd GDR - 144A, ASC Profiles, Raised Floor Solutions, Structural Metal Decks, O’Donnell Metal Deck & Bar Joist, Construction Metal Forming, Cordeck, A.C.T. Metal Deck Supply |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.5% of the global composite concrete deck market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan composite concrete deck market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 11.8 million by 2030.
The rise in investments in infrastructure and construction sectors in South Korea is anticipated to be a major driver for the composite concrete decks market.
The South Korean government is promoting the development of smart cities, which use technology and data to improve urban planning, transportation, and energy efficiency.
Additionally, South Korea has also undergone rapid urbanization in recent decades, which has led to increased demand for infrastructure projects such as bridges, highways, and other transportation systems.
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Composite Concrete Deck Market Scope
Composite Concrete Deck Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Tata Steel Ltd GDR - 144A | View profile | 73,496 | 24 Homi Mody Street, Bombay House, Fort, Mumbai, MH, India, 400 001 | www.tatasteel.com |
| ASC Profiles | View profile | 251-500 | West Sacramento, California, United States, North America | www.ascprofiles.com/ |
| Raised Floor Solutions | View profile | 51-100 | Skelmersdale, Lancashire, United Kingdom, Europe | www.raisedfloor.co.uk/ |
| Structural Metal Decks | View profile | 101-250 | Poole, Dorset, United Kingdom, Europe | smdltd.co.uk |
| O’Donnell Metal Deck & Bar Joist | View profile | 11-50 | Elkridge, Maryland, United States, North America | odonnellmetaldeck.com |
| Construction Metal Forming | View profile | 11-50 | Mamhilad, Monmouthshire, United Kingdom, Europe | cmf.uk.com/ |
| Cordeck | View profile | 11-50 | Kenosha, Wisconsin, United States, North America | www.cordeck.com/ |
| A.C.T. Metal Deck Supply | View profile | 11-50 | Aurora, Illinois, United States, North America | www.metaldecksupply.com |
South Korea Composite Concrete Deck Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Composite Concrete Deck Market Outlook will help companies and investors design strategic landscapes.
3 Thickness was the largest segment with a revenue share of 41.18% in 2022.
Horizon Databook has segmented the South Korea composite concrete deck market based on 1.5 thickness, 2 thickness, 3 thickness covering the revenue growth of each sub-segment from 2018 to 2030.
The rise in investments in infrastructure and construction sectors in South Korea is anticipated to be a major driver for the composite concrete decks market.
The South Korean government is promoting the development of smart cities, which use technology and data to improve urban planning, transportation, and energy efficiency.
Additionally, South Korea has also undergone rapid urbanization in recent decades, which has led to increased demand for infrastructure projects such as bridges, highways, and other transportation systems.
- South Korea Composite Concrete Deck Market Type Outlook (Revenue, USD Million , 2018-2030)
- 1.5 Thickness
- 2 Thickness
- 3 Thickness
- South Korea Composite Concrete Deck Market Deck Type Outlook (Revenue, USD Million , 2018-2030)
- Proprietary System
- Pre-Cast
- Site-Built
- South Korea Composite Concrete Deck Market Application Outlook (Revenue, USD Million , 2018-2030)
- Residential
- Commercial
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea Composite Concrete Deck Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Korea Composite Concrete Deck Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
South Korea Composite Concrete Deck Market, 2018-2030 (US$M)
South Korea composite concrete deck market statistics, by type, 2018-2030 (US$M)
