South Korea Sandstone Market Size, Share, and COVID-19 Impact Analysis, By Application (Building & Construction, Monuments & Memorials, Paving & Civil Engineering, and Others), By End-User (Residential, Commercial, Industrial, and Others), and South Korea Sandstone Market Insights, Industry Trend, Forecasts to 2035.
Industry: Food & BeveragesSouth Korea Sandstone Market Insights Forecasts to 2035
- The South Korea Sandstone Market Size Was Estimated at USD 29.8 Million in 2024
- The Market Size is Expected to Grow at a CAGR of around 5.66% from 2025 to 2035
- The South Korea Sandstone Market Size is Expected to Reach USD 54.6 Million by 2035
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According to a research report published by Spherical Insights & Consulting, the South Korea Sandstone Market Size is anticipated to reach USD 54.6 Million by 2035, growing at a CAGR of 5.66% from 2025 to 2035. Sandstone's visual attractiveness, toughness, and adaptability make it a popular choice for public infrastructure, commercial, and residential applications.
Market Overview
Sandstone is a sedimentary rock made up of sand grains that have been cemented together. The reginal sector that deals with its extraction, processing, and sale is known as the "sandstone market." This market includes the entire supply chain, from quarrying to the finished goods used for landscaping, construction, and decorative reasons. Sandstone is a robust and weather-resistant material that can tolerate severe weather and heavy use. This makes it appropriate for a number of uses, such as landscaping, building facades, and paving, where it requires no upkeep and can endure for many years. Moreover, sandstone is a popular material for cladding, flooring, and other architectural features in both residential and commercial structures because of its strength and inherent beauty. The need for building materials is being driven by the rapid rate of urbanization, particularly in developing nations like India. Sandstone is a popular choice because of its durability and aesthetic appeal.
Report Coverage
This research report categorizes the market for South Korea sandstone market based on various segments and regions forecasts revenue growth, and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea sandstone market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment South Korea sandstone market.
South Korea Sandstone Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Market Size in 2024: | USD 29.8 Million |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | 5.66% |
2035 Value Projection: | USD 54.6 Million |
Historical Data for: | 2020-2023 |
No. of Pages: | 210 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Application, By End-User |
Companies covered:: | Sampyo Group, Asia Cement Co., Ltd., TaeHyung Enterprise Co., DongAh Geological Engineering Co. Ltd., Quarry Stone Co. Ltd., JB Stone Co., Ltd., Mazo Co., Ltd., Stone Asia Co., Hansu Greentech Co., Ltd., KYUNGWON S&S Co., Ltd., and Others |
Pitfalls & Challenges: | COVID-19 Impact, Challenges, Future, Growth, & Analysis |
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Driving Factors
The landscaping, and infrastructure projects due to its durability, aesthetic appeal, and versatility. Rapid urbanization, increasing investment in residential and commercial buildings, and preference for eco-friendly natural materials further fuel market growth. Additionally, advancements in stone processing and rising tourism boost demand for decorative sandstone structures.
Restraining Factors
Environmental regulations and ecosystem disruption from quarrying increase operational costs. Competition from engineered and synthetic materials reduces demand. Additionally, transportation expenses for heavy stone and inconsistencies in quality such as color and structural variation make it harder to fulfill large-scale projects efficiently.
Market Segmentation
The South Korea sandstone market share is classified into application and end-user.
- The building & construction segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea sandstone market is segmented by application into building & construction, monuments & memorials, paving & civil engineering, and others. Among these, the building & construction segment held a significant share in 2024 and is expected to grow at a substantial CAGR during the forecast period. The increasing urban development, infrastructure expansion, and demand for durable, aesthetic materials. Sandstone’s versatility, strength, and natural appearance make it ideal for residential and commercial projects
- The residential segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea sandstone market is segmented by end-user into residential, commercial, industrial, and others. Among these, the residential segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The rising housing demand, urbanization, and preference for natural, durable materials in home construction. Sandstone's aesthetic appeal, weather resistance, and ease of maintenance make it popular for flooring, walls, and landscaping
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea sandstone market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the companies' current news and developments, including product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Sampyo Group
- Asia Cement Co., Ltd.
- TaeHyung Enterprise Co.
- DongAh Geological Engineering Co. Ltd.
- Quarry Stone Co. Ltd.
- JB Stone Co., Ltd.
- Mazo Co., Ltd.
- Stone Asia Co.
- Hansu Greentech Co., Ltd.
- KYUNGWON S&S Co., Ltd.
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea sandstone market based on the below-mentioned segments:
South Korea Sandstone Market, By Application
- Building & Construction
- Monuments & Memorials
- Paving & Civil Engineering
- Others
South Korea Sandstone Market, By End-User
- Residential
- Commercial
- Industrial
- Others
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