Expanded Glass Market Revenue was valued at USD 1.5 Billion in 2024 and is estimated to reach USD 2.8 Billion by 2033, growing at a CAGR of 7.5% from 2026 to 2033.
The South Korean glass market has seen remarkable expansion in recent years, driven by diverse industrial requirements and technological advancements. The country’s glass industry, known for its innovation, has become a significant player globally. From automotive to electronics, construction to renewable energy, various sectors are contributing to the burgeoning demand for high-quality glass products. Understanding these trends and the key drivers of the market's growth is essential for stakeholders looking to navigate the evolving landscape.
One of the primary drivers behind the expanded glass market in South Korea is the booming construction sector. As urbanization continues to accelerate, the need for energy-efficient, aesthetically pleasing, and durable building materials has increased. Glass is now a staple in modern architecture, with applications ranging from windows and facades to interior partitions. With the introduction of new glass technologies, such as low-emissivity glass and insulated glass units, builders can now meet the stringent energy-efficiency requirements set by the government and regulatory bodies.
In the automotive industry, the demand for advanced glass solutions is on the rise. With the automotive sector shifting towards electric vehicles (EVs) and autonomous driving, glass manufacturers are focused on producing lighter, stronger, and more integrated solutions. In addition to traditional automotive glass, innovations like smart glass and augmented reality displays are gaining traction. These advancements are crucial for improving vehicle performance, safety, and user experience.
South Korea’s technological hub has also spurred the demand for specialty glass in the electronics industry. The growing use of flat panel displays, OLED technology, and touchscreens has further propelled the need for ultra-thin, high-definition glass. The rapidly growing demand for consumer electronics, such as smartphones and televisions, continues to fuel the expanded glass market, particularly for applications that require exceptional optical clarity and durability.
Furthermore, the renewable energy sector has witnessed a surge in demand for glass, especially for solar panel manufacturing. As South Korea invests heavily in green technologies, glass plays a vital role in improving the efficiency and longevity of solar panels. The increasing reliance on sustainable energy sources has led to a significant rise in the use of specialized glass products designed for photovoltaic systems.
In conclusion, the South Korean expanded glass market is growing due to its diverse applications across multiple industries. As technology continues to advance and industries evolve, the demand for specialized glass products will only increase. From architecture to automotive, electronics to renewable energy, the expanded glass market in South Korea is set to remain a cornerstone of industrial innovation and development.
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Dennert Poraver GmbH
BPN International LLC
SWARCO VESTGLAS GmbH (SWARCO)
Quietstone
Stikloporas
Kramer Schaumsilikate GmbH
Liaver GmbH＆Co. KG
AGSCO Corporation
Expanded Glass Technologies
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Expanded Glass Market
Expanded Glass Beads
Expanded Glass Granules
Expanded Glass Particles
Expanded Glass Aggregate
Construction and Building Materials
Aerospace and Automotive
Consumer Goods
Biotechnology and Healthcare
Inorganic Expansion
Controlled Expansion
Thermal Expansion
Chemical Expansion
Low-Density Expanded Glass
Medium-Density Expanded Glass
High-Density Expanded Glass
Construction Industry
Automotive Manufacturing
Packaging Industry
Consumer Electronics Herstellers
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Expanded Glass Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Expanded Glass Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Expanded Glass Market, By Type
6. South Korea Expanded Glass Market, By Application
7. South Korea Expanded Glass Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Expanded Glass Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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