South Korea Aluminum Wire Market Size & Outlook, 2025-2030
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South Korea aluminum wire market highlights
- The South Korea aluminum wire market generated a revenue of USD 112.6 million in 2024 and is expected to reach USD 149.2 million by 2030.
- The South Korea market is expected to grow at a CAGR of 4.8% from 2025 to 2030.
- In terms of segment, electrical was the largest revenue generating product in 2024.
- Electrical is the most lucrative product segment registering the fastest growth during the forecast period.
Aluminum wire market data book summary
| Market revenue in 2024 | USD 112.6 million |
| Market revenue in 2030 | USD 149.2 million |
| Growth rate | 4.8% (CAGR from 2025 to 2030) |
| Largest segment | Electrical |
| Fastest growing segment | Electrical |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Electrical, Mechanical |
Other key industry trends
- In terms of revenue, South Korea accounted for 0.3% of the global aluminum wire market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China aluminum wire market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 5,649.5 million by 2030.
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Aluminum Wire Market Scope
Aluminum Wire Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Ducab | View profile | 1001-5000 | Dubai, Dubai, United Arab Emirates, Asia | https://ducab.com |
| Southern Cable Group | View profile | 101-250 | Kuala Kedah, Kedah, Malaysia, Asia | http://www.southerncable.com.my |
| Cerro Wire | View profile | 101-250 | Hartselle, Alabama, United States, North America | http://cerrowire.com |
| Southwire Company | View profile | 1001-5000 | Carrollton, Georgia, United States, North America | http://southwire.com |
| Sumitomo Electric Industries Ltd | View profile | 334716 | 4-5-33, Kitahama, Chuo-ku, Osaka, Japan, 541-0041 | http://www.sei.co.jp |
| Kaiser Aluminum Corp | View profile | 4000 | 1550 West McEwen Drive, Suite 500, Franklin, TN, United States, 37067 | https://www.kaiseraluminum.com |
| Prysmian SpA | View profile | 30351 | Via Chiese 6, MIlan, Italy, 20126 | https://www.prysmiangroup.com |
| Nexans | View profile | 28541 | Nexans 4, allée de l’Arche, Courbevoie, France, 92400 | http://www.nexans.com |
| Alcoa Corp | View profile | 13600 | 201 Isabella Street, Suite 500, Pittsburgh, PA, United States, 15212-5858 | https://www.alcoa.com |
| Norsk Hydro ASA | View profile | 32724 | Drammensveien 264, Oslo, Norway, NO-0283 | https://www.hydro.com |
South Korea aluminum wire market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aluminum wire market will help companies and investors design strategic landscapes.
Electrical was the largest segment with a revenue share of 79.75% in 2024. Horizon Databook has segmented the South Korea aluminum wire market based on electrical, mechanical covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of South Korea aluminum wire market databook
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Our clientele includes a mix of aluminum wire market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea aluminum wire market , including forecasts for subscribers. This country databook contains high-level insights into South Korea aluminum wire market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea aluminum wire market size, by product, 2018-2030 (US$M)
South Korea Aluminum Wire Market Outlook Share, 2024 & 2030 (US$M)
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