South Korea Aluminium Market by Product Type (Flat-Rolled, Castings, Extrusions, Forgings, Powder & Paste, Other Types), by Type (Primary and Secondary), by End User Industry (Transport, Consumer Goods, Machinery & Equipment, Construction, Foil and Packaging, Electrical Engineering, Others) – Opportunity Analysis and Industry Forecast 2024–2030

South Korea Aluminium Market

Industry:  Materials & Chemicals | Publish Date: Mar 2024 | No of Pages:  142 | No. Tables:  108 | No. Figures:  53

Market Definition

South Korea Aluminium Market size was valued at USD 10.00 billion in 2023, and is predicted to reach USD 15.56 billion by 2030, with a CAGR of 7.6% from 2024 to 2030.

Aluminum is a lightweight and silvery-white metal that belongs to the group of chemical elements called post-transition metals. This metal is a group of chemical elements with properties similar to metals, but are less reactive and have lower melting and boiling points than transition metals.

Aluminum’s remarkable properties make it highly versatile and widely used across various industries, such as aerospace, automotive, construction, packaging, and electronics. One of the critical characteristics of aluminum is its low density, which makes it lightweight compared to other metals, such as steel or copper. The lightweight nature of aluminum allows the production of lightweight and efficient products.

This property is particularly advantageous in industries, including aerospace, automotive, and transportation, in which reducing weight can improve fuel efficiency, increase payload capacity, and enhance overall performance. Despite its lightweight nature, aluminum possesses remarkable strength and durability, making it well-suited for various applications, including building facades and electrical wiring.

One of the key advantages of aluminum is its high corrosion resistance, attributed to the formation of a thin oxide layer on its surface. This natural oxide layer acts as a protective barrier, shielding the metal from various environmental factors. It is important to note that this oxide layer remains intact even when aluminum is used in various commodities, ensuring sustained corrosion protection and enhancing the longevity of aluminum-based products.

The Expanding Electronic Industry Drives the Demand for Aluminium Market

The growing electronic industry in South Korea is a significant driver of the country's aluminium market. South Korea's expertise in electronics manufacturing, combined with aluminium's lightweight, corrosion-resistant, and heat-conductive properties, make it crucial for producing electronic devices such as smartphones, laptops, and PCBs. The increasing demand for consumer electronics fuels the need for aluminium to reduce device weight while maintaining strength.

South Korea's leadership in electronics manufacturing presents opportunities for aluminium producers, as the trend towards miniaturization and advanced heat management systems further increases the demand for aluminium. Overall, the growth of South Korea's electronic industry, driven by technology advancements and consumer demand, stimulates the demand for aluminium and supports market expansion.

 

South Korea's Growing Automobile Industry Boosts Aluminium Market Expansion

The growing automobile industry in South Korea is a significant driver of the country's aluminium market. South Korea's robust automotive manufacturing sector relies on aluminium for its lightweight strength and corrosion resistance. Aluminium is used in various components such as engine blocks, body panels, wheels, and chassis, helping to reduce vehicle weight, enhance fuel efficiency, and comply with emission regulations.

The industry's focus on electric and hybrid vehicles further increases the demand for aluminium due to its lightweight properties. This growth in the automobile industry creates opportunities for aluminium producers and suppliers, contributing to the overall expansion of the aluminium market in South Korea.

Environmental and Regulatory Constraints Hinders the Growth of the Aluminium Market

The aluminium industry is affected by environmental regulations and sustainability requirements such as emissions control, waste management, and energy efficiency targets, which can increase operational costs and pose challenges for some producers.

Compliance with stringent emissions standards, waste management regulations, and energy consumption targets can require significant investments and efforts to reduce the environmental impact of aluminium production. These sustainability measures aim to minimize emissions, promote responsible waste management, and encourage energy efficiency. While these regulations are essential to promote a greener and more sustainable industry, they can add to the overall costs and complexities of aluminium production.

 

The Increasing Adoption of Sustainable Packaging Presents a Significant Opportunity

The increasing emphasis on sustainable packaging is expected to create ample growth opportunities for the market in the future. Aluminium is well-suited for applications such as cans, bottles, and foils, benefiting from its recyclability and ability to maintain product quality and freshness. Eco-conscious consumers and brands seeking to minimize their environmental impact prefer aluminium as a preferred choice. By opting for aluminium packaging, they reduce waste and promote sustainability, aligning with their commitment to a greener future. This growing demand for sustainable packaging solutions drives the growth of the aluminium market.

 

Competitive Landscape

The South Korea aluminium industry includes several market players such as Aluminium Corporation of South Korea Limited (CHALCO), Hindalco Industries Ltd., Norsk Hydro ASA, South Korea Hongqiao Group Limited, United Company RUSAL PLC, Rio Tinto, East Hope Group Company Limited, Xinfa Group Co., Ltd., Alcoa Corporation, and Arconic Inc., Emirates Global Aluminium PJSC, Vedanta Aluminium and Power, Ma’aden, South32, and Century Aluminium Company.

South Korea Aluminium Market Key Segments

By Product Type        

  • Flat-Rolled

  • Castings

  • Extrusions

  • Forgings

  • Powder & Paste

  • Other Types

By Type    

  • Primary

  • Secondary

By End User Industry

  • Transport

  • Consumer Goods

  • Machinery & Equipment

  • Construction

  • Foil and Packaging

  • Electrical Engineering

  • Others

REPORT SCOPE AND SEGMENTATION:

Parameters

Details

Market Size in 2023

USD 10.00 Billion

Revenue Forecast in 2030

USD 15.56 Billion

Growth Rate

CAGR of 5.8% from 2024 to 2030

Analysis Period

2023–2030

Base Year Considered

2023

Forecast Period

2024–2030

Market Size Estimation

Billion (USD)

Growth Factors

  • The growing electronic industry drives demand for aluminium.

  • The growing automobile industry boosts the growth of the market.

Companies Profiled

15

Market Share

Available for 10 companies

Customization Scope

Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs.

Test

1      INTRODUCTION

           1.1      REPORT DESCRIPTION

           1.2      RESEARCH METHODOLOGY

                         1.2.1      SECONDARY RESEARCH

                         1.2.2      DATA ANALYSIS FRAMEWORK

                         1.2.3      MARKET SIZE ESTIMATION

                         1.2.4      FORECASTING

                         1.2.5      PRIMARY RESEARCH AND DATA VALIDATION

2      SOUTH KOREA ALUMINIUM MARKET – EXECUTIVE SUMMARY

           2.1.      MARKET SNAPSHOT, 2023 - 2030, MILLION USD

3      PORTER’S FIVE FORCE MODEL ANALYSIS

           3.1      BARGAINING POWER OF SUPPLIERS

           3.2      BARGAINING POWER OF BUYERS

           3.3      DEGREE OF COMPETITION

           3.4      THREAT OF SUBSTITUTE

           3.5      THREAT OF NEW ENTRANTS

4      MARKET SHARE ANALYSIS

           4.1      MARKET SHARE ANALYSIS OF TOP PROVIDERS, 2023

5      MARKET DYNAMICS

           5.1      GROWTH DRIVERS

                         5.1.1      DRIVER 1

                         5.1.2      DRIVER 2

                         5.1.3      DRIVER 3

                         5.1.4      DRIVER 4

           5.2      CHALLENGES

                         5.2.1      CHALLENGE 1

                         5.2.2      CHALLENGE 2

                         5.2.3      CHALLENGE 3

                         5.2.4      CHALLENGE 4

           5.3      OPPORTUNITIES

                         5.3.1      OPPORTUNITY 1

                         5.3.2      OPPORTUNITY 2

6       SOUTH KOREA ALUMINIUM MARKET BY PRODUCT TYPE    

           6.1      OVERVIEW

           6.2      FLAT-ROLLED MARKET

           6.3      CASTINGS MARKET

           6.4      EXTRUSIONS MARKET

           6.5      FORGINGS MARKET

           6.6      POWDER AND PASTE MARKET

           6.7      OTHER TYPES MARKET

7       SOUTH KOREA ALUMINIUM MARKET BY TYPE

           7.1      OVERVIEW

           7.2      PRIMARY MARKET

           7.3      SECONDARY MARKET

8       SOUTH KOREA ALUMINIUM MARKET BY END USER INDUSTRY

           8.1      OVERVIEW

           8.2      TRANSPORT MARKET

           8.3      CONSUMER GOODS MARKET

           8.4      MACHINERY AND EQUIPMENT MARKET

           8.5      CONSTRUCTION MARKET

           8.6      FOIL AND PACKAGING MARKET

           8.7      ELECTRICAL ENGINEERING MARKET

           8.8      OTHERS MARKET

9     COMPANY PROFILES

           9.1     ALUMINIUM CORPORATION OF CHINA LIMITED (CHALCO)

                         9.1.1     COMPANY OVERVIEW

                         9.1.2     COMPANY SNAPSHOT

                         9.1.3     OPERATING BUSINESS SEGMENTS

                         9.1.4     PRODUCT PORTFOLIO

                         9.1.5     BUSINESS PERFORMANCE

                         9.1.6     BUSINESS SEGMENTS

                         9.1.7     GEOGRAPHIC SEGMENTS

                         9.1.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.1.9     PRIMARY MARKET COMPETITORS

           9.2     HINDALCO INDUSTRIES LTD.

                         9.2.1     COMPANY OVERVIEW

                         9.2.2     COMPANY SNAPSHOT

                         9.2.3     OPERATING BUSINESS SEGMENTS

                         9.2.4     PRODUCT PORTFOLIO

                         9.2.5     BUSINESS PERFORMANCE

                         9.2.6     BUSINESS SEGMENTS

                         9.2.7     GEOGRAPHIC SEGMENTS

                         9.2.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.2.9     PRIMARY MARKET COMPETITORS

           9.3     NORSK HYDRO ASA

                         9.3.1     COMPANY OVERVIEW

                         9.3.2     COMPANY SNAPSHOT

                         9.3.3     OPERATING BUSINESS SEGMENTS

                         9.3.4     PRODUCT PORTFOLIO

                         9.3.5     BUSINESS PERFORMANCE

                         9.3.6     BUSINESS SEGMENTS

                         9.3.7     GEOGRAPHIC SEGMENTS

                         9.3.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.3.9     PRIMARY MARKET COMPETITORS

           9.4     CHINA HONGQIAO GROUP LIMITED

                         9.4.1     COMPANY OVERVIEW

                         9.4.2     COMPANY SNAPSHOT

                         9.4.3     OPERATING BUSINESS SEGMENTS

                         9.4.4     PRODUCT PORTFOLIO

                         9.4.5     BUSINESS PERFORMANCE

                         9.4.6     BUSINESS SEGMENTS

                         9.4.7     GEOGRAPHIC SEGMENTS

                         9.4.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.4.9     PRIMARY MARKET COMPETITORS

           9.5     UNITED COMPANY RUSAL PLC

                         9.5.1     COMPANY OVERVIEW

                         9.5.2     COMPANY SNAPSHOT

                         9.5.3     OPERATING BUSINESS SEGMENTS

                         9.5.4     PRODUCT PORTFOLIO

                         9.5.5     BUSINESS PERFORMANCE

                         9.5.6     BUSINESS SEGMENTS

                         9.5.7     GEOGRAPHIC SEGMENTS

                         9.5.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.5.9     PRIMARY MARKET COMPETITORS

           9.6     RIO TINTO

                         9.6.1     COMPANY OVERVIEW

                         9.6.2     COMPANY SNAPSHOT

                         9.6.3     OPERATING BUSINESS SEGMENTS

                         9.6.4     PRODUCT PORTFOLIO

                         9.6.5     BUSINESS PERFORMANCE

                         9.6.6     BUSINESS SEGMENTS

                         9.6.7     GEOGRAPHIC SEGMENTS

                         9.6.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.6.9     PRIMARY MARKET COMPETITORS

           9.7     EAST HOPE GROUP COMPANY LIMITED

                         9.7.1     COMPANY OVERVIEW

                         9.7.2     COMPANY SNAPSHOT

                         9.7.3     OPERATING BUSINESS SEGMENTS

                         9.7.4     PRODUCT PORTFOLIO

                         9.7.5     BUSINESS PERFORMANCE

                         9.7.6     BUSINESS SEGMENTS

                         9.7.7     GEOGRAPHIC SEGMENTS

                         9.7.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.7.9     PRIMARY MARKET COMPETITORS

           9.8     XINFA GROUP CO., LTD.

                         9.8.1     COMPANY OVERVIEW

                         9.8.2     COMPANY SNAPSHOT

                         9.8.3     OPERATING BUSINESS SEGMENTS

                         9.8.4     PRODUCT PORTFOLIO

                         9.8.5     BUSINESS PERFORMANCE

                         9.8.6     BUSINESS SEGMENTS

                         9.8.7     GEOGRAPHIC SEGMENTS

                         9.8.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.8.9     PRIMARY MARKET COMPETITORS

           9.9     ALCOA CORPORATION

                         9.9.1     COMPANY OVERVIEW

                         9.9.2     COMPANY SNAPSHOT

                         9.9.3     OPERATING BUSINESS SEGMENTS

                         9.9.4     PRODUCT PORTFOLIO

                         9.9.5     BUSINESS PERFORMANCE

                         9.9.6     BUSINESS SEGMENTS

                         9.9.7     GEOGRAPHIC SEGMENTS

                         9.9.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.9.9     PRIMARY MARKET COMPETITORS

           9.10     ARCONIC INC.

                         9.10.1     COMPANY OVERVIEW

                         9.10.2     COMPANY SNAPSHOT

                         9.10.3     OPERATING BUSINESS SEGMENTS

                         9.10.4     PRODUCT PORTFOLIO

                         9.10.5     BUSINESS PERFORMANCE

                         9.10.6     BUSINESS SEGMENTS

                         9.10.7     GEOGRAPHIC SEGMENTS

                         9.10.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.10.9     PRIMARY MARKET COMPETITORS

           9.11     EMIRATES GLOBAL ALUMINIUM PJSC

                         9.11.1     COMPANY OVERVIEW

                         9.11.2     COMPANY SNAPSHOT

                         9.11.3     OPERATING BUSINESS SEGMENTS

                         9.11.4     PRODUCT PORTFOLIO

                         9.11.5     BUSINESS PERFORMANCE

                         9.11.6     BUSINESS SEGMENTS

                         9.11.7     GEOGRAPHIC SEGMENTS

                         9.11.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.11.9     PRIMARY MARKET COMPETITORS

           9.12     VEDANTA ALUMINIUM AND POWER

                         9.12.1     COMPANY OVERVIEW

                         9.12.2     COMPANY SNAPSHOT

                         9.12.3     OPERATING BUSINESS SEGMENTS

                         9.12.4     PRODUCT PORTFOLIO

                         9.12.5     BUSINESS PERFORMANCE

                         9.12.6     BUSINESS SEGMENTS

                         9.12.7     GEOGRAPHIC SEGMENTS

                         9.12.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.12.9     PRIMARY MARKET COMPETITORS

           9.13     MA’ADEN

                         9.13.1     COMPANY OVERVIEW

                         9.13.2     COMPANY SNAPSHOT

                         9.13.3     OPERATING BUSINESS SEGMENTS

                         9.13.4     PRODUCT PORTFOLIO

                         9.13.5     BUSINESS PERFORMANCE

                         9.13.6     BUSINESS SEGMENTS

                         9.13.7     GEOGRAPHIC SEGMENTS

                         9.13.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.13.9     PRIMARY MARKET COMPETITORS

           9.14     SOUTH32

                         9.14.1     COMPANY OVERVIEW

                         9.14.2     COMPANY SNAPSHOT

                         9.14.3     OPERATING BUSINESS SEGMENTS

                         9.14.4     PRODUCT PORTFOLIO

                         9.14.5     BUSINESS PERFORMANCE

                         9.14.6     BUSINESS SEGMENTS

                         9.14.7     GEOGRAPHIC SEGMENTS

                         9.14.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.14.9     PRIMARY MARKET COMPETITORS

           9.15     CENTURY ALUMINIUM COMPANY

                         9.15.1     COMPANY OVERVIEW

                         9.15.2     COMPANY SNAPSHOT

                         9.15.3     OPERATING BUSINESS SEGMENTS

                         9.15.4     PRODUCT PORTFOLIO

                         9.15.5     BUSINESS PERFORMANCE

                         9.15.6     BUSINESS SEGMENTS

                         9.15.7     GEOGRAPHIC SEGMENTS

                         9.15.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.15.9     PRIMARY MARKET COMPETITORS

LIST OF TABLES

TABLE 1. SOUTH KOREA ALUMINIUM MARKET VALUE, BY PRODUCT TYPE, 2023-2030, (MILLION USD)

TABLE 2. FLAT-ROLLED, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 3. CASTINGS, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 4. EXTRUSIONS, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 5. FORGINGS, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 6. POWDER AND PASTE, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 7. OTHER TYPES, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 8. SOUTH KOREA ALUMINIUM MARKET VALUE, BY TYPE, 2023-2030, (MILLION USD)

TABLE 9. PRIMARY, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 10. SECONDARY, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 11. SOUTH KOREA ALUMINIUM MARKET VALUE, BY END USER INDUSTRY, 2023-2030, (MILLION USD)

TABLE 12. TRANSPORT, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 13. CONSUMER GOODS, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 14. MACHINERY AND EQUIPMENT, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 15. CONSTRUCTION, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 16. FOIL AND PACKAGING, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 17. ELECTRICAL ENGINEERING, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 18. OTHERS, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 19. ALUMINIUM CORPORATION OF CHINA LIMITED (CHALCO): COMPANY SNAPSHOT

TABLE 20. ALUMINIUM CORPORATION OF CHINA LIMITED (CHALCO): OPERATING BUSINESS SEGMENTS

TABLE 21. ALUMINIUM CORPORATION OF CHINA LIMITED (CHALCO): PRODUCT PORTFOLIO

TABLE 22. ALUMINIUM CORPORATION OF CHINA LIMITED (CHALCO): SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 23. ALUMINIUM CORPORATION OF CHINA LIMITED (CHALCO): SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 24. ALUMINIUM CORPORATION OF CHINA LIMITED (CHALCO): KEY STRATERGY

TABLE 25. HINDALCO INDUSTRIES LTD.: COMPANY SNAPSHOT

TABLE 26. HINDALCO INDUSTRIES LTD.: OPERATING BUSINESS SEGMENTS

TABLE 27. HINDALCO INDUSTRIES LTD.: PRODUCT PORTFOLIO

TABLE 28. HINDALCO INDUSTRIES LTD.: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 29. HINDALCO INDUSTRIES LTD.: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 30. HINDALCO INDUSTRIES LTD.: KEY STRATERGY

TABLE 31. NORSK HYDRO ASA: COMPANY SNAPSHOT

TABLE 32. NORSK HYDRO ASA: OPERATING BUSINESS SEGMENTS

TABLE 33. NORSK HYDRO ASA: PRODUCT PORTFOLIO

TABLE 34. NORSK HYDRO ASA: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 35. NORSK HYDRO ASA: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 36. NORSK HYDRO ASA: KEY STRATERGY

TABLE 37. CHINA HONGQIAO GROUP LIMITED: COMPANY SNAPSHOT

TABLE 38. CHINA HONGQIAO GROUP LIMITED: OPERATING BUSINESS SEGMENTS

TABLE 39. CHINA HONGQIAO GROUP LIMITED: PRODUCT PORTFOLIO

TABLE 40. CHINA HONGQIAO GROUP LIMITED: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 41. CHINA HONGQIAO GROUP LIMITED: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 42. CHINA HONGQIAO GROUP LIMITED: KEY STRATERGY

TABLE 43. UNITED COMPANY RUSAL PLC: COMPANY SNAPSHOT

TABLE 44. UNITED COMPANY RUSAL PLC: OPERATING BUSINESS SEGMENTS

TABLE 45. UNITED COMPANY RUSAL PLC: PRODUCT PORTFOLIO

TABLE 46. UNITED COMPANY RUSAL PLC: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 47. UNITED COMPANY RUSAL PLC: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 48. UNITED COMPANY RUSAL PLC: KEY STRATERGY

TABLE 49. RIO TINTO: COMPANY SNAPSHOT

TABLE 50. RIO TINTO: OPERATING BUSINESS SEGMENTS

TABLE 51. RIO TINTO: PRODUCT PORTFOLIO

TABLE 52. RIO TINTO: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 53. RIO TINTO: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 54. RIO TINTO: KEY STRATERGY

TABLE 55. EAST HOPE GROUP COMPANY LIMITED: COMPANY SNAPSHOT

TABLE 56. EAST HOPE GROUP COMPANY LIMITED: OPERATING BUSINESS SEGMENTS

TABLE 57. EAST HOPE GROUP COMPANY LIMITED: PRODUCT PORTFOLIO

TABLE 58. EAST HOPE GROUP COMPANY LIMITED: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 59. EAST HOPE GROUP COMPANY LIMITED: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 60. EAST HOPE GROUP COMPANY LIMITED: KEY STRATERGY

TABLE 61. XINFA GROUP CO., LTD.: COMPANY SNAPSHOT

TABLE 62. XINFA GROUP CO., LTD.: OPERATING BUSINESS SEGMENTS

TABLE 63. XINFA GROUP CO., LTD.: PRODUCT PORTFOLIO

TABLE 64. XINFA GROUP CO., LTD.: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 65. XINFA GROUP CO., LTD.: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 66. XINFA GROUP CO., LTD.: KEY STRATERGY

TABLE 67. ALCOA CORPORATION: COMPANY SNAPSHOT

TABLE 68. ALCOA CORPORATION: OPERATING BUSINESS SEGMENTS

TABLE 69. ALCOA CORPORATION: PRODUCT PORTFOLIO

TABLE 70. ALCOA CORPORATION: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 71. ALCOA CORPORATION: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 72. ALCOA CORPORATION: KEY STRATERGY

TABLE 73. ARCONIC INC.: COMPANY SNAPSHOT

TABLE 74. ARCONIC INC.: OPERATING BUSINESS SEGMENTS

TABLE 75. ARCONIC INC.: PRODUCT PORTFOLIO

TABLE 76. ARCONIC INC.: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 77. ARCONIC INC.: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 78. ARCONIC INC.: KEY STRATERGY

TABLE 79. EMIRATES GLOBAL ALUMINIUM PJSC: COMPANY SNAPSHOT

TABLE 80. EMIRATES GLOBAL ALUMINIUM PJSC: OPERATING BUSINESS SEGMENTS

TABLE 81. EMIRATES GLOBAL ALUMINIUM PJSC: PRODUCT PORTFOLIO

TABLE 82. EMIRATES GLOBAL ALUMINIUM PJSC: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 83. EMIRATES GLOBAL ALUMINIUM PJSC: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 84. EMIRATES GLOBAL ALUMINIUM PJSC: KEY STRATERGY

TABLE 85. VEDANTA ALUMINIUM AND POWER: COMPANY SNAPSHOT

TABLE 86. VEDANTA ALUMINIUM AND POWER: OPERATING BUSINESS SEGMENTS

TABLE 87. VEDANTA ALUMINIUM AND POWER: PRODUCT PORTFOLIO

TABLE 88. VEDANTA ALUMINIUM AND POWER: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 89. VEDANTA ALUMINIUM AND POWER: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 90. VEDANTA ALUMINIUM AND POWER: KEY STRATERGY

TABLE 91. MA’ADEN: COMPANY SNAPSHOT

TABLE 92. MA’ADEN: OPERATING BUSINESS SEGMENTS

TABLE 93. MA’ADEN: PRODUCT PORTFOLIO

TABLE 94. MA’ADEN: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 95. MA’ADEN: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 96. MA’ADEN: KEY STRATERGY

TABLE 97. SOUTH32: COMPANY SNAPSHOT

TABLE 98. SOUTH32: OPERATING BUSINESS SEGMENTS

TABLE 99. SOUTH32: PRODUCT PORTFOLIO

TABLE 100. SOUTH32: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 101. SOUTH32: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 102. SOUTH32: KEY STRATERGY

TABLE 103. CENTURY ALUMINIUM COMPANY: COMPANY SNAPSHOT

TABLE 104. CENTURY ALUMINIUM COMPANY: OPERATING BUSINESS SEGMENTS

TABLE 105. CENTURY ALUMINIUM COMPANY: PRODUCT PORTFOLIO

TABLE 106. CENTURY ALUMINIUM COMPANY: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 107. CENTURY ALUMINIUM COMPANY: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 108. CENTURY ALUMINIUM COMPANY: KEY STRATERGY

LIST OF FIGURES

FIGURE 1. BARGAINING POWER OF SUPPLIERS

FIGURE 2. BARGAINING POWER OF BUYERS

FIGURE 3. DEGREE OF COMPETITION

FIGURE 4. THREAT OF SUBSTITUTE

FIGURE 5. THREAT OF NEW ENTRANTS

FIGURE 6. SOUTH KOREA ALUMINIUM MARKET VALUE, BY PRODUCT TYPE, 2023-2030, (MILLION USD)

FIGURE 7. FLAT-ROLLED, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 8. CASTINGS, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 9. EXTRUSIONS, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 10. FORGINGS, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 11. POWDER AND PASTE, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 12. OTHER TYPES, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 13. SOUTH KOREA ALUMINIUM MARKET VALUE, BY TYPE, 2023-2030, (MILLION USD)

FIGURE 14. PRIMARY, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 15. SECONDARY, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 16. SOUTH KOREA ALUMINIUM MARKET VALUE, BY END USER INDUSTRY, 2023-2030, (MILLION USD)

FIGURE 17. TRANSPORT, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 18. CONSUMER GOODS, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 19. MACHINERY AND EQUIPMENT, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 20. CONSTRUCTION, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 21. FOIL AND PACKAGING, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 22. ELECTRICAL ENGINEERING, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 23. OTHERS, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 24. ALUMINIUM CORPORATION OF CHINA LIMITED (CHALCO): NET SALES, (2021-2023)

FIGURE 25. ALUMINIUM CORPORATION OF CHINA LIMITED (CHALCO): PRIMARY MARKET COMPETITORS

FIGURE 26. HINDALCO INDUSTRIES LTD.: NET SALES, (2021-2023)

FIGURE 27. HINDALCO INDUSTRIES LTD.: PRIMARY MARKET COMPETITORS

FIGURE 28. NORSK HYDRO ASA: NET SALES, (2021-2023)

FIGURE 29. NORSK HYDRO ASA: PRIMARY MARKET COMPETITORS

FIGURE 30. CHINA HONGQIAO GROUP LIMITED: NET SALES, (2021-2023)

FIGURE 31. CHINA HONGQIAO GROUP LIMITED: PRIMARY MARKET COMPETITORS

FIGURE 32. UNITED COMPANY RUSAL PLC: NET SALES, (2021-2023)

FIGURE 33. UNITED COMPANY RUSAL PLC: PRIMARY MARKET COMPETITORS

FIGURE 34. RIO TINTO: NET SALES, (2021-2023)

FIGURE 35. RIO TINTO: PRIMARY MARKET COMPETITORS

FIGURE 36. EAST HOPE GROUP COMPANY LIMITED: NET SALES, (2021-2023)

FIGURE 37. EAST HOPE GROUP COMPANY LIMITED: PRIMARY MARKET COMPETITORS

FIGURE 38. XINFA GROUP CO., LTD.: NET SALES, (2021-2023)

FIGURE 39. XINFA GROUP CO., LTD.: PRIMARY MARKET COMPETITORS

FIGURE 40. ALCOA CORPORATION: NET SALES, (2021-2023)

FIGURE 41. ALCOA CORPORATION: PRIMARY MARKET COMPETITORS

FIGURE 42. ARCONIC INC.: NET SALES, (2021-2023)

FIGURE 43. ARCONIC INC.: PRIMARY MARKET COMPETITORS

FIGURE 44. EMIRATES GLOBAL ALUMINIUM PJSC: NET SALES, (2021-2023)

FIGURE 45. EMIRATES GLOBAL ALUMINIUM PJSC: PRIMARY MARKET COMPETITORS

FIGURE 46. VEDANTA ALUMINIUM AND POWER: NET SALES, (2021-2023)

FIGURE 47. VEDANTA ALUMINIUM AND POWER: PRIMARY MARKET COMPETITORS

FIGURE 48. MA’ADEN: NET SALES, (2021-2023)

FIGURE 49. MA’ADEN: PRIMARY MARKET COMPETITORS

FIGURE 50. SOUTH32: NET SALES, (2021-2023)

FIGURE 51. SOUTH32: PRIMARY MARKET COMPETITORS

FIGURE 52. CENTURY ALUMINIUM COMPANY: NET SALES, (2021-2023)

FIGURE 53. CENTURY ALUMINIUM COMPANY: PRIMARY MARKET COMPETITORS

KEY PLAYERS

  • Aluminium Corporation of China Limited (CHALCO)

  • Hindalco Industries Ltd.

  • Norsk Hydro ASA

  • China Hongqiao Group Limited

  • United Company RUSAL PLC

  • Rio Tinto

  • East Hope Group Company Limited

  • Xinfa Group Co., Ltd.

  • Alcoa Corporation

  • Arconic Inc.

  • Emirates Global Aluminium PJSC

  • Vedanta Aluminium and Power

  • Ma’aden

  • South32

  • Century Aluminium Company


Frequently Asked Questions
What will be the worth of South Korea Aluminium Market by the end of 2030?

According to the report published by the Next Move Consulting, the South Korea Aluminium Market business is expected to hit at $15.56 billion (USD) by 2030.

What are the leading companies in the South Korea Aluminium Market?

The South Korea Aluminium Market industry includes several market players such as Aluminium Corporation of South Korea Limited (CHALCO), Hindalco Industries Ltd., Norsk Hydro ASA, South Korea Hongqiao Group Limited, United Company RUSAL PLC, Rio Tinto, East Hope Group Company Limited, Xinfa Group Co., Ltd., Alcoa Corporation, Arconic Inc., Emirates Global Aluminium PJSC, Vedanta Aluminium and Power, Ma’aden, South32, and Century Aluminium Company.

What are the market segmentations and scope of the study for the South Korea Aluminium Market industry?

The South Korea Aluminium Market share is segmented on the basis of product type, type, end user industry, and country.

What factors are contributing to the expansion of the South Korea Aluminium Market?

The expansion of the South Korea aluminium market is attributed to the growing electronic industry and growing automobile industry.

What is restraining the growth of the Aluminium Market?

Environmental and regulatory constraints hinder the growth of the aluminium market.