| Product Code: ETC425780 | Publication Date: Oct 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s gun metal import market in 2024 saw significant contributions from top exporting countries such as South Korea, Japan, Vietnam, Indonesia, and China. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry displayed a healthy Compound Annual Growth Rate (CAGR) of 11.65% from 2020 to 2024. The marginal growth rate of 0.09% from 2023 to 2024 suggests a stable market landscape with continued potential for expansion and diversification in the coming years.

The India Gun Metal Market is a significant contributor to the country's industrial sector, with a number of companies engaged in the production of gun metal components for various applications. The demand for gun metal has been driven by the expansion of the automotive, construction, and infrastructure sectors. Also, the industry is highly competitive with a large number of players operating in the market. The industry is also supported by a strong supply chain, including copper, tin, and zinc mines, as well as smelting and refining facilities, which ensure a consistent supply of raw materials for gun metal production in the country. The gun metal market is supported by the increasing demand for gun metal components in various sectors and the government's focus on infrastructure development. In general, Gun metal is an alloy of copper, tin, and zinc, with a high resistance to wear and corrosion. It is commonly used in the manufacture of bearings, valve and pump bodies, and other components that require a high level of durability.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Gun Metal Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Gun Metal Market Revenues & Volume, 2021 & 2028F |
3.3 India Gun Metal Market - Industry Life Cycle |
3.4 India Gun Metal Market - Porter's Five Forces |
3.5 India Gun Metal Market Revenues & Volume Share, By Products, 2021 & 2028F |
4 India Gun Metal Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Gun Metal Market Trends |
6 India Gun Metal Market, By Types |
6.1 India Gun Metal Market, By Products |
6.1.1 Overview and Analysis |
6.1.2 India Gun Metal Market Revenues & Volume, By Products, 2018 - 2028F |
6.1.3 India Gun Metal Market Revenues & Volume, By Gunmetal Bush, 2018 - 2028F |
6.1.4 India Gun Metal Market Revenues & Volume, By Gunmetal Casting, 2018 - 2028F |
6.1.5 India Gun Metal Market Revenues & Volume, By Gunmetal Rod, 2018 - 2028F |
6.1.6 India Gun Metal Market Revenues & Volume, By Gunmetal Plate, 2018 - 2028F |
7 India Gun Metal Market Import-Export Trade Statistics |
7.1 India Gun Metal Market Export to Major Countries |
7.2 India Gun Metal Market Imports from Major Countries |
8 India Gun Metal Market Key Performance Indicators |
9 India Gun Metal Market - Opportunity Assessment |
9.1 India Gun Metal Market Opportunity Assessment, By Products, 2021 & 2028F |
10 India Gun Metal Market - Competitive Landscape |
10.1 India Gun Metal Market Revenue Share, By Companies, 2021 |
10.2 India Gun Metal Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here