South Korea Aluminum Die-casting Market (2020-2026) | Analysis, Trends, COVID-19 IMPACT, Size, Forecast, Industry, Value, Growth, Companies, Outlook, Revenue & Share

South Korea Aluminum Die Casting Market Synopsis

South Korea is one of the leading countries in aluminum die casting technology and has experienced a steady growth in demand for these products over the last few years. The country is expected to continue to see an increase in its aluminum die-casting industry, as it benefits from global trends such as rising automotive production and improved product design capabilities. In 2020, South Korea?s aluminum die-casting market was estimated at US$2.4 billion, representing a compound annual growth rate (CAGR) of 5% from 2016?2020. This trend is anticipated to remain consistent through 2026, with an increased CAGR of 7%. Factors driving this growth will include increasing automobile production due to expanding economic and technological activities within South Korea along with the adoption of new advances in manufacturing techniques that allow for more efficient processes when producing high precision parts using aluminum die casts. Additionally, the growing popularity of lightweight vehicles require strong yet lightweight components which are best produced through aluminum alloy casting materials; this will further fuel demand for these technologies throughout the forecast period.

Key Highlights of the Report:

• South Korea Aluminum Die-casting Market Outlook
• Market Size of South Korea Aluminum Die-casting Market, 2019
• Forecast of South Korea Aluminum Die-casting Market, 2026
• Historical Data and Forecast of South Korea Aluminum Die-casting Revenues & Volume for the Period 2016 - 2026
• South Korea Aluminum Die-casting Market Trend Evolution
• South Korea Aluminum Die-casting Market Drivers and Challenges
• South Korea Aluminum Die-casting Price Trends
• South Korea Aluminum Die-casting Porter's Five Forces
• South Korea Aluminum Die-casting Industry Life Cycle
• Historical Data and Forecast of South Korea Aluminum Die-casting Market Revenues & Volume By Process Type for the Period 2016 - 2026
• Historical Data and Forecast of South Korea Aluminum Die-casting Market Revenues & Volume By Die casting for the Period 2016 - 2026
• Historical Data and Forecast of South Korea Aluminum Die-casting Market Revenues & Volume By Permanent mold casting for the Period 2016 - 2026
• Historical Data and Forecast of South Korea Aluminum Die-casting Market Revenues & Volume By Sand casting for the Period 2016 - 2026
• Historical Data and Forecast of South Korea Aluminum Die-casting Market Revenues & Volume By End-users for the Period 2016 - 2026
• Historical Data and Forecast of South Korea Aluminum Die-casting Market Revenues & Volume By Transportation for the Period 2016 - 2026
• Historical Data and Forecast of South Korea Aluminum Die-casting Market Revenues & Volume By Industrial for the Period 2016 - 2026
• Historical Data and Forecast of South Korea Aluminum Die-casting Market Revenues & Volume By Building & Construction for the Period 2016 - 2026
• Historical Data and Forecast of South Korea Aluminum Die-casting Market Revenues & Volume By Telecommunication for the Period 2016 - 2026
• Historical Data and Forecast of South Korea Aluminum Die-casting Market Revenues & Volume By Consumer Durables for the Period 2016 - 2026
• Historical Data and Forecast of South Korea Aluminum Die-casting Market Revenues & Volume By Energy for the Period 2016 - 2026
• Historical Data and Forecast of South Korea Aluminum Die-casting Market Revenues & Volume By Others for the Period 2016 - 2026
• South Korea Aluminum Die-casting Import Export Trade Statistics
• Market Opportunity Assessment By Process Type
• Market Opportunity Assessment By End-users
• South Korea Aluminum Die-casting Top Companies Market Share
• South Korea Aluminum Die-casting Competitive Benchmarking By Technical and Operational Parameters
• South Korea Aluminum Die-casting Company Profiles
• South Korea Aluminum Die-casting Key Strategic Recommendations