South Korea Aerospace and Defense Materials Market to 2032
Overview
The South Korea Aerospace and Defense Materials Market is expected to reach a 1,058.71 USD Million by 2032 and is projected to grow at a CAGR of 9.06% from 2025 to 2032.
Revenue, 2024 (USD Million)
638.88
Forecast, 2032 (USD Million)
1,058.71
CAGR, 2024 - 2032
9.06%
Report Coverage
South Korea
South Korea Aerospace and Defense Materials Market 2018-2032 USD Million
South Korea Aerospace and Defense Materials Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 638.88 USD Million
- Projected Market Size (2032): 1,058.71 USD Million
- CAGR (2025-2032): 9.06%
Key Findings of South Korea Aerospace and Defense Materials Market
- The South Korea Aerospace and Defense Materials Market was valued at 638.88 USD Million in 2024.
- The South Korea Aerospace and Defense Materials Market is likely to grow at a CAGR of 9.06% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Commercial in End-Use Segment accounted for the largest share of the market with a revenue of 312.77 USD Million
- The fastest growing segment Composites in Product Segment grew Fastest with a CAGR of 10.31% during the forecast period from 2024 to 2032.
South Korea Aerospace and Defense Materials Market Scope
South Korea Aerospace and Defense Materials Market Segmentation & Scope
Application
- Others
- Construction and Insulation Components
- Satellite
- Cabin Interiors
- Components
- Propulsion Systems
- Aircraft Structural Frames/Aerostructure
End-Use
- Others
- Business and General Aviation
- Military
- Commercial
Product
- Graphene
- Nanocomposites
- Steel
- Others
- Ceramics
- Super Alloys
- Plastics and Polymers
- Heat-Resistant Alloys
- Composites
- Aluminium Alloys
South Korea Aerospace and Defense Materials Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 638.88 USD Million |
| Market Value in 2032 | 1,058.71 USD Million |
| CAGR (2025-2032) | 9.06% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,End-Use,Product |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 638.88 USD Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 638.88 USD Million in 2024.
Segments and Scope
-
South Korea Aerospace and Defense Materials Market to 2032, By Application
- Aircraft Structural Frames/Aerostructure is the largest segment in South Korea Aerospace and Defense Materials Market to 2032 with a revenue of 250.95 USD Million in the year 2024.
- Aircraft Structural Frames/Aerostructure is the Fastest growing segment in South Korea Aerospace and Defense Materials Market to 2032 with a Growth rate of 10.05 % in forecast period 2025-2032.
-
South Korea Aerospace and Defense Materials Market to 2032, By End-Use
- Commercial is the largest segment in South Korea Aerospace and Defense Materials Market to 2032 with a revenue of 312.77 USD Million in the year 2024.
- Commercial is the Fastest growing segment in South Korea Aerospace and Defense Materials Market to 2032 with a Growth rate of 9.57 % in forecast period 2025-2032.
-
South Korea Aerospace and Defense Materials Market to 2032, By Product
- Aluminium Alloys is the largest segment in South Korea Aerospace and Defense Materials Market to 2032 with a revenue of 183.99 USD Million in the year 2024.
- Composites is the Fastest growing segment in South Korea Aerospace and Defense Materials Market to 2032 with a Growth rate of 9.64 % in forecast period 2025-2032.
South Korea Aerospace and Defense Materials Market Company Share Analysis
| Company Name |
|
||
| TEIJIN LIMITED | |||
| Hexcel Corporation | |||
| Alcoa Corporation | |||
| Safran | |||
| Arconic | |||
South Korea Aerospace and Defense Materials Market Geographical Sales Distribution, 2018-2032 USD Million
South Korea Aerospace and Defense Materials Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Aerospace and Defense Materials Market is segmented based on Segmentation Application,End-Use,Product.
South Korea Aerospace and Defense Materials Market was valued at USD 638.88(Revenue in USD Million) in 2021.
South Korea Aerospace and Defense Materials Market is projected to grow at a CAGR of 9.06% during the forecast period of 2024 to 2032.
The Commercial segment is expected to dominate the South Korea Aerospace and Defense Materials Market, holding a largest market share of 312.77 USD Million in 2024
South Korea Aerospace and Defense Materials Market Scope
South Korea Aerospace and Defense Materials Market Segmentation & Scope
Application
- Others
- Construction and Insulation Components
- Satellite
- Cabin Interiors
- Components
- Propulsion Systems
- Aircraft Structural Frames/Aerostructure
End-Use
- Others
- Business and General Aviation
- Military
- Commercial
Product
- Graphene
- Nanocomposites
- Steel
- Others
- Ceramics
- Super Alloys
- Plastics and Polymers
- Heat-Resistant Alloys
- Composites
- Aluminium Alloys
Frequently Asked Questions
The South Korea Aerospace and Defense Materials Market is segmented based on Segmentation Application,End-Use,Product.
South Korea Aerospace and Defense Materials Market was valued at USD 638.88(Revenue in USD Million) in 2021.
South Korea Aerospace and Defense Materials Market is projected to grow at a CAGR of 9.06% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Aerospace and Defense Materials Market for final year is USD 1,058.71 (USD Million).
South Korea Aerospace and Defense Materials Market Company Profiling
Frequently Asked Questions
The South Korea Aerospace and Defense Materials Market is segmented based on Segmentation Application,End-Use,Product.
South Korea Aerospace and Defense Materials Market was valued at USD 638.88(Revenue in USD Million) in 2021.
South Korea Aerospace and Defense Materials Market is projected to grow at a CAGR of 9.06% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Aerospace and Defense Materials Market for final year is USD 1,058.71 (USD Million).
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