Japan Expanded Glass Market was valued at USD 0.25 Billion in 2022 and is projected to reach USD 0.38 Billion by 2030, growing at a CAGR of 5.8% from 2024 to 2030.
Japan's Expanded Glass Market: Types and Industry Requirements
Japan's expanded glass market is experiencing significant growth, driven by the construction and automotive industries' increasing demand for sustainable and energy-efficient materials. Expanded glass, known for its lightweight and insulating properties, is becoming a preferred choice in various applications.
Key Types of Expanded Glass Products:
Expanded Glass Granulate: Lightweight aggregates used in construction for insulation and as fillers in lightweight concrete.
Expanded Glass Panels: Prefabricated panels offering thermal insulation and fire resistance, ideal for building facades and interior partitions.
Expanded Glass Beads: Utilized in coatings and polymers to enhance thermal insulation and reduce material weight.
Industry Requirements and Applications:
Construction Industry: Seeks materials that provide thermal insulation, fire resistance, and structural stability. Expanded glass products meet these criteria, contributing to energy-efficient buildings.
Automotive Industry: Focuses on lightweight materials to improve fuel efficiency. Expanded glass is used in composites to reduce vehicle weight without compromising strength.
Environmental Sector: Values sustainable materials. Expanded glass, often made from recycled glass, aligns with eco-friendly initiatives, supporting circular economy goals.
Market Trends and Statistics:
Japan's flat glass market was valued at approximately USD 31.89 billion in 2023 and is projected to reach USD 52.58 billion by 2032, growing at a CAGR of 5.8% during the forecast period.
The construction sector's emphasis on green building practices has led to a 15% increase in demand for insulating materials like expanded glass.
In the automotive sector, the shift towards electric vehicles has driven a 12% annual increase in the use of lightweight materials, including expanded glass composites.
Challenges and Considerations:
Manufacturing Costs: The production of expanded glass involves energy-intensive processes, leading to higher costs. Manufacturers are exploring alternative energy sources and process optimizations to mitigate expenses.
Supply Chain Disruptions: Dependence on raw materials like recycled glass can lead to supply inconsistencies. Establishing robust recycling programs is crucial to ensure a steady supply.
Drawing parallels to the 100 Gigabit Fiber Optic Transceiver market, where technological advancements drive demand, Japan's expanded glass market similarly benefits from innovations in material science and sustainability efforts. Both markets underscore the importance of aligning product development with industry-specific requirements to achieve growth and resilience.
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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 Japan 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 Japan 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. Japan Expanded Glass Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Japan Expanded Glass Market, By Type
6. Japan Expanded Glass Market, By Application
7. Japan Expanded Glass Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. Japan Expanded Glass Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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