South Korea Metal Injection Molding Market (2025-2031) | Outlook, Industry, Share, Trends, Value, Forecast, Companies, Analysis, Size, Revenue & Growth

Market Forecast By Material Type (Stainless Steel, Low Alloy Steel, Soft Magnetic Material, Others), By End-Use Industry (Electrical & Electronics, Automotive, Medical & Orthodontics, Consumer Products, Industrial, Firearms & Defense, Others) And Competitive Landscape

Product Code: ETC297623 Publication Date: Aug 2022 Updated Date: Jan 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

South Korea Metal Injection Molding Market Highlights

Report Name South Korea Metal Injection Molding Market
Forecast period 2025-2031
CAGR 6.1%
Growing Sector Automotive and Electronic

Topics Covered in the South Korea Metal Injection Molding Market Report

The South Korea Metal Injection Molding Market report thoroughly covers the market by Material Type and By End-User Industry. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

South Korea Metal Injection Molding Market Synopsis

The South Korea Metal Injection Molding Market is dynamic and evolving. It is projected to attain significant growth in the coming years driven by the increasing demand in the automotive and electrical industries. The market also faces certain challenges that could impact its growth to a certain extent in the near future.

According to 6Wresearch, South Korea Metal Injection Molding Market size is expected to grow at a significant CAGR of 6.1% during 2025-2031.The South Korea Metal Injection Molding Market is primarily driven by the automotive and electronic industries, which are witnessing a rapid growth in the country. The demand for metal injection molded parts and components has increased due to their lightweight, high strength-to-weight ratio, and cost-effectiveness.

Additionally, advancements in technology and increasing investments in research and development activities have led to the development of new materials with enhanced properties, driving the market further. However, despite the positive growth prospects, the South Korea Metal Injection Molding Market also faces certain challenges that could impede its growth in the coming years. These include stringent government regulations regarding the manufacturing and use of metal components, increasing competition from alternative manufacturing methods, and concerns about the environmental impact of metal manufacturing. Moreover, high initial investment and technological complexities associated with metal injection molding are also potential hindrances for market growth. These challenges highlight the complexity and dynamic nature of market, necessitating proactive strategies to overcome them.

South Korea Metal Injection Molding Market: Leading Players

Some of the key players operating in the South Korea Metal Injection Molding Market include ARBURG GmbH, Engel Austria GmbH, SeongNam Precision Co., Ltd, TongYang Magic, and others. These players are implementing various strategies such as partnerships, collaborations, and product launches to gain a competitive edge in the market. Currently, ARBURG GmbH holds the dominant share in the market.

South Korea Metal Injection Molding Market: Government Regulations

The South Korea Metal Injection Molding Market is also impacted by government regulations and policies related to the manufacturing industry. The government has implemented various initiatives to support the growth of industries such as automotive and electronics, which are major end-users of metal injection molded parts. The South Korean government has launched the 'Future Automotive Industry Development Vision' with a goal to achieve 20% global market share for electric vehicles by 2031.

Future Insights of the South Korea Metal Injection Molding Market

The South Korea Metal Injection Molding Market is projected to witness significant growth in the coming years, driven by increasing demand in end-use industries and advancements in technology. The market is expected to witness a shift towards eco-friendly manufacturing practices and the use of sustainable materials, which will further boost its growth. Moreover, with the growing trend of miniaturization of components and advancements in additive manufacturing techniques, metal injection molding is expected to become more versatile and cater to a wider range of industries. The future of the market seems promising since a number of factors are supporting its growth.

Market Segmentation By Material Type

According to Dhaval, Research Manager, 6Wresearch, Stainless Steel is expected to hold the dominant share in the South Korea Metal Injection Molding Market during the forecast period due to its wide applications across various industries.

Market Segmentation By End-User Industry

The automotive and electronics sectors are expected to dominate the overall the South Korea Metal Injection Molding Market. This growth is driven by the high demand for precise and complex components in these industries.

Key Attractiveness of the Report

  • 10 Years Market Numbers.
  • Historical Data Starting from 2021 to 2024.
  • Base Year: 2024
  • Forecast Data until 2031.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • South Korea Metal Injection Molding Market Outlook
  • Market Size of South Korea Metal Injection Molding Market, 2024
  • Forecast of South Korea Metal Injection Molding Market, 2031
  • Historical Data and Forecast of South Korea Metal Injection Molding Revenues & Volume for the Period 2021 - 2031
  • South Korea Metal Injection Molding Market Trend Evolution
  • South Korea Metal Injection Molding Market Drivers and Challenges
  • South Korea Metal Injection Molding Price Trends
  • South Korea Metal Injection Molding Porter's Five Forces
  • South Korea Metal Injection Molding Industry Life Cycle
  • Historical Data and Forecast of South Korea Metal Injection Molding Market Revenues & Volume By Material Type for the Period 2021 - 2031
  • Historical Data and Forecast of South Korea Metal Injection Molding Market Revenues & Volume By Stainless Steel for the Period 2021 - 2031
  • Historical Data and Forecast of South Korea Metal Injection Molding Market Revenues & Volume By Low Alloy Steel for the Period 2021 - 2031
  • Historical Data and Forecast of South Korea Metal Injection Molding Market Revenues & Volume By Soft Magnetic Material for the Period 2021 - 2031
  • Historical Data and Forecast of South Korea Metal Injection Molding Market Revenues & Volume By Others for the Period 2021 - 2031
  • Historical Data and Forecast of South Korea Metal Injection Molding Market Revenues & Volume By End-Use Industry for the Period 2021 - 2031
  • Historical Data and Forecast of South Korea Metal Injection Molding Market Revenues & Volume By Electrical & Electronics for the Period 2021 - 2031
  • Historical Data and Forecast of South Korea Metal Injection Molding Market Revenues & Volume By Automotive for the Period 2021 - 2031
  • Historical Data and Forecast of South Korea Metal Injection Molding Market Revenues & Volume By Medical & Orthodontics for the Period 2021 - 2031
  • Historical Data and Forecast of South Korea Metal Injection Molding Market Revenues & Volume By Consumer Products for the Period 2021 - 2031
  • Historical Data and Forecast of South Korea Metal Injection Molding Market Revenues & Volume By Industrial for the Period 2021 - 2031
  • Historical Data and Forecast of South Korea Metal Injection Molding Market Revenues & Volume By Firearms & Defense for the Period 2021 - 2031
  • Historical Data and Forecast of South Korea Metal Injection Molding Market Revenues & Volume By Others for the Period 2021 - 2031
  • South Korea Metal Injection Molding Import Export Trade Statistics
  • Market Opportunity Assessment By Material Type
  • Market Opportunity Assessment By End-User Industry
  • South Korea Metal Injection Molding Top Companies Market Share
  • South Korea Metal Injection Molding Competitive Benchmarking By Technical and Operational Parameters
  • South Korea Metal Injection Molding Company Profiles
  • South Korea Metal Injection Molding Key Strategic Recommendations

Markets Covered

The report offers a comprehensive study of the subsequent market segments:

By Material Type

  • Stainless Steel
  • Low Alloy Steel
  • Soft Magnetic Material
  • Others

By End-User Industry

  • Electrical & Electronics
  • Automotive
  • Medical & Orthodontics
  • Consumer Products
  • Industrial
  • Firearms & Defense
  • Others

South Korea Metal Injection Molding Market (2025-2031): FAQs

The South Korea Metal Injection Molding Market size is expected to grow at a significant CAGR of 6.1% during 2025-2031.
The growth in the market is driven by increasing demand in the automotive and electrical industries, advancements in technology, and growing end-use industries.
One of the major challenges facing the South Korea Metal Injection Molding Market is the high initial investment and technological complexities associated with metal injection molding.
The stainless steel segment is expected to attain major growth in the future.
Segments that are covered in this market report are By Material Type and By End-User Industry.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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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 South Korea Metal Injection Molding Market Overview
3.1 South Korea Country Macro Economic Indicators
3.2 South Korea Metal Injection Molding Market Revenues & Volume, 2021 & 2031F
3.3 South Korea Metal Injection Molding Market - Industry Life Cycle
3.4 South Korea Metal Injection Molding Market - Porter's Five Forces
3.5 South Korea Metal Injection Molding Market Revenues & Volume Share, By Material Type, 2021 & 2031F
3.6 South Korea Metal Injection Molding Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F
4 South Korea Metal Injection Molding Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 South Korea Metal Injection Molding Market Trends
6 South Korea Metal Injection Molding Market, By Types
6.1 South Korea Metal Injection Molding Market, By Material Type
6.1.1 Overview and Analysis
6.1.2 South Korea Metal Injection Molding Market Revenues & Volume, By Material Type, 2021 - 2031F
6.1.3 South Korea Metal Injection Molding Market Revenues & Volume, By Stainless Steel, 2021 - 2031F
6.1.4 South Korea Metal Injection Molding Market Revenues & Volume, By Low Alloy Steel, 2021 - 2031F
6.1.5 South Korea Metal Injection Molding Market Revenues & Volume, By Soft Magnetic Material, 2021 - 2031F
6.1.6 South Korea Metal Injection Molding Market Revenues & Volume, By Others, 2021 - 2031F
6.2 South Korea Metal Injection Molding Market, By End-Use Industry
6.2.1 Overview and Analysis
6.2.2 South Korea Metal Injection Molding Market Revenues & Volume, By Electrical & Electronics, 2021 - 2031F
6.2.3 South Korea Metal Injection Molding Market Revenues & Volume, By Automotive, 2021 - 2031F
6.2.4 South Korea Metal Injection Molding Market Revenues & Volume, By Medical & Orthodontics, 2021 - 2031F
6.2.5 South Korea Metal Injection Molding Market Revenues & Volume, By Consumer Products, 2021 - 2031F
6.2.6 South Korea Metal Injection Molding Market Revenues & Volume, By Industrial, 2021 - 2031F
6.2.7 South Korea Metal Injection Molding Market Revenues & Volume, By Firearms & Defense, 2021 - 2031F
7 South Korea Metal Injection Molding Market Import-Export Trade Statistics
7.1 South Korea Metal Injection Molding Market Export to Major Countries
7.2 South Korea Metal Injection Molding Market Imports from Major Countries
8 South Korea Metal Injection Molding Market Key Performance Indicators
9 South Korea Metal Injection Molding Market - Opportunity Assessment
9.1 South Korea Metal Injection Molding Market Opportunity Assessment, By Material Type, 2021 & 2031F
9.2 South Korea Metal Injection Molding Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F
10 South Korea Metal Injection Molding Market - Competitive Landscape
10.1 South Korea Metal Injection Molding Market Revenue Share, By Companies, 2024
10.2 South Korea Metal Injection Molding Market Competitive Benchmarking, By Operating and Technical Parameters
11 Company Profiles
12 Recommendations
13 Disclaimer
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