| Product Code: ETC425126 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Vietnam Metal Forming Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 13.37% in 2025, the market peaks at 15.21% in 2028, and settles at 13.86% by 2029.

In the Asia region, the Metal Forming market in Vietnam is projected to expand at a exponential growth rate of 15.19% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.

The Vietnam Metal Forming market encompasses a wide range of processes, including forging, stamping, and machining, to shape metal into various components. This market is essential for supporting the country`s manufacturing activities across multiple sectors. With the growth of manufacturing industries in Vietnam, the metal forming market is evolving to meet the demand for precision-engineered components.
The Vietnam Metal Forming market is growing due to the country`s expanding manufacturing base. Metal forming processes are integral to producing various components for automotive, aerospace, and machinery industries. The market benefits from the increasing demand for complex and lightweight metal components, driven by advancements in technology and evolving consumer preferences.
In the Vietnam Metal Forming Market, challenges include the need to invest in modern and efficient machinery to meet diverse customer demands. The shortage of skilled labor proficient in metal forming techniques is also a hurdle. Moreover, the market is sensitive to fluctuations in the automotive and aerospace industries, which are key consumers of metal-formed products.
The COVID-19 pandemic disrupted the Vietnam metal forming market, primarily affecting industries like automotive and aerospace. Lockdowns and travel restrictions led to reduced production and demand for metal-formed components. The market`s recovery was closely tied to the resurgence of these industries, which gradually picked up momentum as vaccination campaigns progressed and global markets stabilized.
Leading the Vietnam metal forming market are companies such as Formosa Plastics Group, Hoa Sen Group, and Viet Nhat Steel Joint Stock Company. These companies excel in metal forming processes, producing a wide range of products for various industries. Their modern manufacturing facilities, focus on research and development, and commitment to quality have solidified their positions as top players in the metal forming sector.
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 Vietnam Metal Forming Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Metal Forming Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Metal Forming Market - Industry Life Cycle |
3.4 Vietnam Metal Forming Market - Porter's Five Forces |
3.5 Vietnam Metal Forming Market Revenues & Volume Share, By Technique Type, 2021 & 2031F |
3.6 Vietnam Metal Forming Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Vietnam Metal Forming Market Revenues & Volume Share, By Electric & Hybrid Vehicle Type, 2021 & 2031F |
3.8 Vietnam Metal Forming Market Revenues & Volume Share, By ICE Vehicle Type, 2021 & 2031F |
3.9 Vietnam Metal Forming Market Revenues & Volume Share, By Forming Type, 2021 & 2031F |
3.10 Vietnam Metal Forming Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
4 Vietnam Metal Forming Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight materials in automotive and aerospace industries |
4.2.2 Growing investments in infrastructure development projects |
4.2.3 Technological advancements in metal forming processes |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Intense competition from foreign metal forming companies |
4.3.3 Environmental regulations impacting manufacturing processes |
5 Vietnam Metal Forming Market Trends |
6 Vietnam Metal Forming Market, By Types |
6.1 Vietnam Metal Forming Market, By Technique Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Metal Forming Market Revenues & Volume, By Technique Type, 2021-2031F |
6.1.3 Vietnam Metal Forming Market Revenues & Volume, By Roll Forming, 2021-2031F |
6.1.4 Vietnam Metal Forming Market Revenues & Volume, By Stretch Forming, 2021-2031F |
6.1.5 Vietnam Metal Forming Market Revenues & Volume, By Stamping, 2021-2031F |
6.1.6 Vietnam Metal Forming Market Revenues & Volume, By Deep Drawing, 2021-2031F |
6.1.7 Vietnam Metal Forming Market Revenues & Volume, By Hydroforming, 2021-2031F |
6.1.8 Vietnam Metal Forming Market Revenues & Volume, By Others, 2021-2031F |
6.2 Vietnam Metal Forming Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Metal Forming Market Revenues & Volume, By BIW, 2021-2031F |
6.2.3 Vietnam Metal Forming Market Revenues & Volume, By Chassis, 2021-2031F |
6.2.4 Vietnam Metal Forming Market Revenues & Volume, By Closures, 2021-2031F |
6.2.5 Vietnam Metal Forming Market Revenues & Volume, By Others, 2021-2031F |
6.3 Vietnam Metal Forming Market, By Electric & Hybrid Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Metal Forming Market Revenues & Volume, By Fuel Cell Electric Vehicle (FCEV), 2021-2031F |
6.3.3 Vietnam Metal Forming Market Revenues & Volume, By Plug-in Hybrid Electric Vehicle (PHEV), 2021-2031F |
6.3.4 Vietnam Metal Forming Market Revenues & Volume, By Battery Electric Vehicle (BEV), 2021-2031F |
6.4 Vietnam Metal Forming Market, By ICE Vehicle Type |
6.4.1 Overview and Analysis |
6.4.2 Vietnam Metal Forming Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.4.3 Vietnam Metal Forming Market Revenues & Volume, By LCV, 2021-2031F |
6.4.4 Vietnam Metal Forming Market Revenues & Volume, By Truck, 2021-2031F |
6.4.5 Vietnam Metal Forming Market Revenues & Volume, By Bus, 2021-2031F |
6.5 Vietnam Metal Forming Market, By Forming Type |
6.5.1 Overview and Analysis |
6.5.2 Vietnam Metal Forming Market Revenues & Volume, By Cold Forming, 2021-2031F |
6.5.3 Vietnam Metal Forming Market Revenues & Volume, By Hot Forming, 2021-2031F |
6.5.4 Vietnam Metal Forming Market Revenues & Volume, By Warm Forming, 2021-2031F |
6.6 Vietnam Metal Forming Market, By Material Type |
6.6.1 Overview and Analysis |
6.6.2 Vietnam Metal Forming Market Revenues & Volume, By Steel, 2021-2031F |
6.6.3 Vietnam Metal Forming Market Revenues & Volume, By Aluminum, 2021-2031F |
6.6.4 Vietnam Metal Forming Market Revenues & Volume, By Magnesium, 2021-2031F |
6.6.5 Vietnam Metal Forming Market Revenues & Volume, By Others, 2021-2031F |
7 Vietnam Metal Forming Market Import-Export Trade Statistics |
7.1 Vietnam Metal Forming Market Export to Major Countries |
7.2 Vietnam Metal Forming Market Imports from Major Countries |
8 Vietnam Metal Forming Market Key Performance Indicators |
8.1 Adoption rate of advanced metal forming technologies |
8.2 Percentage of revenue allocated to research and development in the metal forming sector |
8.3 Number of new infrastructure projects using metal forming products and services |
8.4 Energy efficiency improvements in metal forming processes |
8.5 Compliance rate with environmental regulations in the metal forming industry |
9 Vietnam Metal Forming Market - Opportunity Assessment |
9.1 Vietnam Metal Forming Market Opportunity Assessment, By Technique Type, 2021 & 2031F |
9.2 Vietnam Metal Forming Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Vietnam Metal Forming Market Opportunity Assessment, By Electric & Hybrid Vehicle Type, 2021 & 2031F |
9.4 Vietnam Metal Forming Market Opportunity Assessment, By ICE Vehicle Type, 2021 & 2031F |
9.5 Vietnam Metal Forming Market Opportunity Assessment, By Forming Type, 2021 & 2031F |
9.6 Vietnam Metal Forming Market Opportunity Assessment, By Material Type, 2021 & 2031F |
10 Vietnam Metal Forming Market - Competitive Landscape |
10.1 Vietnam Metal Forming Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Metal Forming Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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