The South Korea aluminium market reached approximately USD 10.49 Billion in 2024. The market is projected to grow at a CAGR of 7.50% between 2025 and 2034, reaching a value of around USD 21.62 Billion by 2034.
Several market players are establishing partnerships to transition towards a green economy in the aluminium sector. For instance, TAHA International announced that it has signed an agreement with Hwarim Tech in South Korea for the extraction and treatment of aluminium metal in an eco-friendly and energy-efficient manner which can foster sustainability in the aluminium sector.
South Korea Aluminium Market Growth
Growing demand for aluminium from the automotive and construction sectors is one of the major factors boosting the market growth. Due to its superior strength-to-weight ratio, aluminium offers great fuel efficiency to vehicles as less force is required to run the vehicle. It is also widely used in aeroplanes and space shuttles due to its superior strength, lightweight and increased flexibility. Moreover, the high thermal efficiency of aluminium makes it a preferable option for keeping buildings warm in winter and cool in summer and its ability to be welded into any desired shape further gives it preference over steel or wood for the construction of innovative buildings.Several market players are establishing partnerships to transition towards a green economy in the aluminium sector. For instance, TAHA International announced that it has signed an agreement with Hwarim Tech in South Korea for the extraction and treatment of aluminium metal in an eco-friendly and energy-efficient manner which can foster sustainability in the aluminium sector.
South Korea Aluminium Industry Segmentation
“South Korea Aluminium Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:Market Breakup by Type
- Primary
- Secondary
Market Breakup by Processing Method
- Flat Rolled Products
- Castings
- Extrusions
- Forgings
- Pigments and Powder
- Rod and Bars
Market Breakup by End Use
- Automotive
- Aerospace and Defence
- Building and Construction
- Electrical and Electronics
- Packaging
- Industrial
- Others
South Korea Aluminium Market Share
The growing applications of aluminium in the electronics and electrical sector aid the market development. In the electrical sector, it is heavily utilised for long-distance power lines due to its low density as well as corrosion-resistant nature which protects the wire. Meanwhile, it is witnessing robust growth in the consumer electronics sector as it offers high durability and quick heat dissipation, which prevents the devices from overheating. For example, the tech giant Apple is primarily using aluminium in its iPhone and Macbooks due to its favourable properties.Leading Companies in South Korea Aluminium Market
The market players are establishing partnerships for the development of sustainable aluminium amid rising environmental concerns.- Yoosung Aluminium Co., Ltd.
- Dong-Il Aluminium Co.,Ltd,
- Ulsan Aluminum, Ltd.
- Norsk Hydro ASA
- Aluko Co.,Ltd.
- Others
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Asia Pacific Aluminium Market Overview
6 South Korea Aluminium Market Overview
7 South Korea Aluminium Market by Type
8 South Korea Aluminium Market by Processing Method
9 South Korea Aluminium Market by End Use
10 Market Dynamics
12 Competitive Landscape
Companies Mentioned
- Yoosung Aluminium Co., Ltd.
- Dong-Il Aluminium Co.,Ltd.
- Ulsan Aluminum, Ltd.
- Norsk Hydro ASA
- Aluko Co.,Ltd.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 84 |
| Published | May 2025 |
| Forecast Period | 2025 - 2034 |
| Estimated Market Value ( USD | $ 10.49 Billion |
| Forecasted Market Value ( USD | $ 21.62 Billion |
| Compound Annual Growth Rate | 7.5% |
| Regions Covered | South Korea |
| No. of Companies Mentioned | 5 |
