What is the current valuation of the South Korea metal forging market?

The market valuation was $3700.0 Million in 2024. Read More

What is the projected market size for the South Korea metal forging market by 2035?

The projected valuation for 2035 is $8000.0 Million. Read More

What is the expected CAGR for the South Korea metal forging market during 2025 - 2035?

The expected CAGR during this period is 7.26%. Read More

Which raw material segment has the highest valuation in the South Korea metal forging market?

The Steel segment had a valuation ranging from $1500.0 Million to $3200.0 Million. Read More

What are the key types of forging in the South Korea metal forging market?

The key types include Closed-die Forging, with a valuation of $1850.0 Million to $4000.0 Million, and Open-die Forging, valued at $1300.0 Million to $3000.0 Million. Read More

Which end-use industry is projected to have the highest demand for metal forging in South Korea?

The Automotive industry is projected to have a demand ranging from $740.0 Million to $1600.0 Million. Read More

Who are the leading players in the South Korea metal forging market?

Key players include Thyssenkrupp AG, Alcoa Corporation, and Precision Castparts Corp. Read More

What is the valuation range for the Aluminum raw material segment in the South Korea metal forging market?

The Aluminum segment has a valuation range of $800.0 Million to $1600.0 Million. Read More

How does the valuation of the Others segment in raw materials compare to other segments?

The Others segment in raw materials ranges from $400.0 Million to $1000.0 Million, indicating a moderate market presence. Read More

What is the significance of the Aerospace & Defense end-use industry in the South Korea metal forging market?

The Aerospace & Defense industry is projected to have a valuation between $370.0 Million and $800.0 Million, highlighting its relevance. Read More

South Korea Metal Forging Market

ID: MRFR/CnM/47509-HCR

111 Pages

Chitranshi Jaiswal

Last Updated: April 06, 2026

South Korea Metal Forging Market Research Report: By Raw Material (Steel, Aluminum, Magnesium, Nickel-Based Alloys, Titanium, Other), By Type (Closed-die Forging, Open-die Forging, Others) and By End-use (Automotive, Aerospace & Defense, Aircraft Engine, Others, Power, Building & Construction, Oil & Gas, Metalworking) - Forecast to 2035.

South Korea Metal Forging Market Infographic

Summary Table of Contents Segmentation Download PDF

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1 SECTION I: EXECUTIVE SUMMARY AND KEY HIGHLIGHTS
1. 1.1 EXECUTIVE SUMMARY
  1. 1.1.1 Market Overview
  2. 1.1.2 Key Findings
  3. 1.1.3 Market Segmentation
  4. 1.1.4 Competitive Landscape
  5. 1.1.5 Challenges and Opportunities
  6. 1.1.6 Future Outlook
2 SECTION II: SCOPING, METHODOLOGY AND MARKET STRUCTURE
1. 2.1 MARKET INTRODUCTION
  1. 2.1.1 Definition
  2. 2.1.2 Scope of the study
    1. 2.1.2.1 Research Objective
    2. 2.1.2.2 Assumption
    3. 2.1.2.3 Limitations
2. 2.2 RESEARCH METHODOLOGY
  1. 2.2.1 Overview
  2. 2.2.2 Data Mining
  3. 2.2.3 Secondary Research
  4. 2.2.4 Primary Research
    1. 2.2.4.1 Primary Interviews and Information Gathering Process
    2. 2.2.4.2 Breakdown of Primary Respondents
  5. 2.2.5 Forecasting Model
  6. 2.2.6 Market Size Estimation
    1. 2.2.6.1 Bottom-Up Approach
    2. 2.2.6.2 Top-Down Approach
  7. 2.2.7 Data Triangulation
  8. 2.2.8 Validation
3 SECTION III: QUALITATIVE ANALYSIS
1. 3.1 MARKET DYNAMICS
  1. 3.1.1 Overview
  2. 3.1.2 Drivers
  3. 3.1.3 Restraints
  4. 3.1.4 Opportunities
2. 3.2 MARKET FACTOR ANALYSIS
  1. 3.2.1 Value chain Analysis
  2. 3.2.2 Porter's Five Forces Analysis
    1. 3.2.2.1 Bargaining Power of Suppliers
    2. 3.2.2.2 Bargaining Power of Buyers
    3. 3.2.2.3 Threat of New Entrants
    4. 3.2.2.4 Threat of Substitutes
    5. 3.2.2.5 Intensity of Rivalry
  3. 3.2.3 COVID-19 Impact Analysis
    1. 3.2.3.1 Market Impact Analysis
    2. 3.2.3.2 Regional Impact
    3. 3.2.3.3 Opportunity and Threat Analysis
4 SECTION IV: QUANTITATIVE ANALYSIS
1. 4.1 Medical Device, BY Raw Material (USD Million)
  1. 4.1.1 Steel
  2. 4.1.2 Aluminum
  3. 4.1.3 Magnesium
  4. 4.1.4 Nickel-Based Alloys
  5. 4.1.5 Titanium
  6. 4.1.6 Others
2. 4.2 Medical Device, BY Type (USD Million)
  1. 4.2.1 Closed-die Forging
  2. 4.2.2 Open-die Forging
  3. 4.2.3 Others
3. 4.3 Medical Device, BY End-use Industry (USD Million)
  1. 4.3.1 Automotive
  2. 4.3.2 Aerospace & Defense
  3. 4.3.3 Power
  4. 4.3.4 Building & Construction
  5. 4.3.5 Oil & Gas
  6. 4.3.6 Metalworking
  7. 4.3.7 Others
5 SECTION V: COMPETITIVE ANALYSIS
1. 5.1 Competitive Landscape
  1. 5.1.1 Overview
  2. 5.1.2 Competitive Analysis
  3. 5.1.3 Market share Analysis
  4. 5.1.4 Major Growth Strategy in the Medical Device
  5. 5.1.5 Competitive Benchmarking
  6. 5.1.6 Leading Players in Terms of Number of Developments in the Medical Device
  7. 5.1.7 Key developments and growth strategies
    1. 5.1.7.1 New Product Launch/Service Deployment
    2. 5.1.7.2 Merger & Acquisitions
    3. 5.1.7.3 Joint Ventures
  8. 5.1.8 Major Players Financial Matrix
    1. 5.1.8.1 Sales and Operating Income
    2. 5.1.8.2 Major Players R&D Expenditure. 2023
2. 5.2 Company Profiles
  1. 5.2.1 Thyssenkrupp AG (DE)
    1. 5.2.1.1 Financial Overview
    2. 5.2.1.2 Products Offered
    3. 5.2.1.3 Key Developments
    4. 5.2.1.4 SWOT Analysis
    5. 5.2.1.5 Key Strategies
  2. 5.2.2 Alcoa Corporation (US)
    1. 5.2.2.1 Financial Overview
    2. 5.2.2.2 Products Offered
    3. 5.2.2.3 Key Developments
    4. 5.2.2.4 SWOT Analysis
    5. 5.2.2.5 Key Strategies
  3. 5.2.3 Precision Castparts Corp (US)
    1. 5.2.3.1 Financial Overview
    2. 5.2.3.2 Products Offered
    3. 5.2.3.3 Key Developments
    4. 5.2.3.4 SWOT Analysis
    5. 5.2.3.5 Key Strategies
  4. 5.2.4 Aubert & Duval (FR)
    1. 5.2.4.1 Financial Overview
    2. 5.2.4.2 Products Offered
    3. 5.2.4.3 Key Developments
    4. 5.2.4.4 SWOT Analysis
    5. 5.2.4.5 Key Strategies
  5. 5.2.5 Forged Solutions Group (GB)
    1. 5.2.5.1 Financial Overview
    2. 5.2.5.2 Products Offered
    3. 5.2.5.3 Key Developments
    4. 5.2.5.4 SWOT Analysis
    5. 5.2.5.5 Key Strategies
  6. 5.2.6 Fletcher International (AU)
    1. 5.2.6.1 Financial Overview
    2. 5.2.6.2 Products Offered
    3. 5.2.6.3 Key Developments
    4. 5.2.6.4 SWOT Analysis
    5. 5.2.6.5 Key Strategies
  7. 5.2.7 Bharat Forge Limited (IN)
    1. 5.2.7.1 Financial Overview
    2. 5.2.7.2 Products Offered
    3. 5.2.7.3 Key Developments
    4. 5.2.7.4 SWOT Analysis
    5. 5.2.7.5 Key Strategies
  8. 5.2.8 Nippon Steel Corporation (JP)
    1. 5.2.8.1 Financial Overview
    2. 5.2.8.2 Products Offered
    3. 5.2.8.3 Key Developments
    4. 5.2.8.4 SWOT Analysis
    5. 5.2.8.5 Key Strategies
  9. 5.2.9 Shaanxi Blower (CN)
    1. 5.2.9.1 Financial Overview
    2. 5.2.9.2 Products Offered
    3. 5.2.9.3 Key Developments
    4. 5.2.9.4 SWOT Analysis
    5. 5.2.9.5 Key Strategies
3. 5.3 Appendix
  1. 5.3.1 References
  2. 5.3.2 Related Reports
6 LIST OF FIGURES
1. 6.1 MARKET SYNOPSIS
2. 6.2 SOUTH KOREA MARKET ANALYSIS BY RAW MATERIAL
3. 6.3 SOUTH KOREA MARKET ANALYSIS BY TYPE
4. 6.4 SOUTH KOREA MARKET ANALYSIS BY END-USE INDUSTRY
5. 6.5 KEY BUYING CRITERIA OF MEDICAL DEVICE
6. 6.6 RESEARCH PROCESS OF MRFR
7. 6.7 DRO ANALYSIS OF MEDICAL DEVICE
8. 6.8 DRIVERS IMPACT ANALYSIS: MEDICAL DEVICE
9. 6.9 RESTRAINTS IMPACT ANALYSIS: MEDICAL DEVICE
10. 6.10 SUPPLY / VALUE CHAIN: MEDICAL DEVICE
11. 6.11 MEDICAL DEVICE, BY RAW MATERIAL, 2024 (% SHARE)
12. 6.12 MEDICAL DEVICE, BY RAW MATERIAL, 2024 TO 2035 (USD Million)
13. 6.13 MEDICAL DEVICE, BY RAW MATERIAL, 2024 TO 2035 (Kilo Tons)
14. 6.14 MEDICAL DEVICE, BY TYPE, 2024 (% SHARE)
15. 6.15 MEDICAL DEVICE, BY TYPE, 2024 TO 2035 (USD Million)
16. 6.16 MEDICAL DEVICE, BY TYPE, 2024 TO 2035 (Kilo Tons)
17. 6.17 MEDICAL DEVICE, BY END-USE INDUSTRY, 2024 (% SHARE)
18. 6.18 MEDICAL DEVICE, BY END-USE INDUSTRY, 2024 TO 2035 (USD Million)
19. 6.19 MEDICAL DEVICE, BY END-USE INDUSTRY, 2024 TO 2035 (Kilo Tons)
20. 6.20 BENCHMARKING OF MAJOR COMPETITORS
7 LIST OF TABLES
1. 7.1 LIST OF ASSUMPTIONS
7.1.1
1. 7.2 South Korea MARKET SIZE ESTIMATES; FORECAST
  1. 7.2.1 BY RAW MATERIAL, 2025-2035 (USD Million)
  2. 7.2.2 BY RAW MATERIAL, 2025-2035 (Kilo Tons)
  3. 7.2.3 BY TYPE, 2025-2035 (USD Million)
  4. 7.2.4 BY TYPE, 2025-2035 (Kilo Tons)
  5. 7.2.5 BY END-USE INDUSTRY, 2025-2035 (USD Million)
  6. 7.2.6 BY END-USE INDUSTRY, 2025-2035 (Kilo Tons)
2. 7.3 PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
7.3.1
1. 7.4 ACQUISITION/PARTNERSHIP
7.4.1

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South Korea Medical Device Market Segmentation

Medical Device By Raw Material (USD Million, 2025-2035)

Steel
Aluminum
Magnesium
Nickel-Based Alloys
Titanium
Others

Medical Device By Type (USD Million, 2025-2035)

Closed-die Forging
Open-die Forging
Others

Medical Device By End-use Industry (USD Million, 2025-2035)

Automotive
Aerospace & Defense
Power
Building & Construction
Oil & Gas
Metalworking
Others

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