Product Code: ETC355043 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
South Korea Glass Mat market currently, in 2023, has witnessed an HHI of 3227, Which has decreased slightly as compared to the HHI of 3264 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The South Korea Glass Mat Market is witnessing growth with the use of non-woven fiberglass mats as reinforcement materials in roofing, flooring, and composite manufacturing applications. Glass mats offer strength, flexibility, and moisture resistance, enhancing product durability and performance in construction, automotive, and marine industries. The market growth is driven by infrastructure development, automotive sector demands for lightweight materials, and advancements in mat manufacturing technologies for superior composite reinforcements.
The automotive, construction, and marine industries` demand for lightweight and high-performance reinforcement materials is driving growth in South Korea`s glass mat market. Glass mats, made from randomly oriented glass fibers bonded with resin, offer superior strength, corrosion resistance, and acoustic damping properties in composite applications for automotive parts, building panels, and boat hulls. Market drivers include automotive lightweighting initiatives reducing vehicle weight and emissions, advancements in glass fiber processing technologies improving material strength and durability, and regulatory standards promoting safety and environmental sustainability in manufacturing, driving market expansion across industrial and transportation sectors.
In South Korea, the glass mat market faces challenges such as fluctuating resin prices and competition from synthetic and natural fiber alternatives. Consumer demand for lightweight and high-performance mat materials drives market requirements for durability, moisture resistance, and acoustic properties. Moreover, regulatory compliance with safety and environmental standards influences manufacturing practices and market strategies for product differentiation and sustainability in diverse applications.
The South Korean government promotes the use of glass mats in various industries through supportive policies and regulations. These include quality standards for glass mat products and incentives for manufacturers to adopt sustainable production practices. The government also funds research into new applications of glass mats, particularly in automotive and construction sectors, to enhance product performance and market growth.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 South Korea Glass Mat Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Glass Mat Market Revenues & Volume, 2021 & 2028F |
3.3 South Korea Glass Mat Market - Industry Life Cycle |
3.4 South Korea Glass Mat Market - Porter's Five Forces |
3.5 South Korea Glass Mat Market Revenues & Volume Share, By Mat Type, 2021 & 2028F |
3.6 South Korea Glass Mat Market Revenues & Volume Share, By Binder Type, 2021 & 2028F |
3.7 South Korea Glass Mat Market Revenues & Volume Share, By Applications, 2021 & 2028F |
3.8 South Korea Glass Mat Market Revenues & Volume Share, By End-use Industry, 2021 & 2028F |
4 South Korea Glass Mat Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing construction activities in South Korea |
4.2.2 Increasing demand for lightweight and durable materials in automotive and transportation industries |
4.2.3 Rise in infrastructure development projects in the country |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Stringent regulations regarding environmental impact and recycling of glass mat products |
5 South Korea Glass Mat Market Trends |
6 South Korea Glass Mat Market, By Types |
6.1 South Korea Glass Mat Market, By Mat Type |
6.1.1 Overview and Analysis |
6.1.2 South Korea Glass Mat Market Revenues & Volume, By Mat Type, 2018 - 2028F |
6.1.3 South Korea Glass Mat Market Revenues & Volume, By Chopped Strand Mat, 2018 - 2028F |
6.1.4 South Korea Glass Mat Market Revenues & Volume, By Continuous Filament Mat, 2018 - 2028F |
6.2 South Korea Glass Mat Market, By Binder Type |
6.2.1 Overview and Analysis |
6.2.2 South Korea Glass Mat Market Revenues & Volume, By Emulsion Bonded Glass Mat, 2018 - 2028F |
6.2.3 South Korea Glass Mat Market Revenues & Volume, By Powder Bonded Glass Mat, 2018 - 2028F |
6.3 South Korea Glass Mat Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 South Korea Glass Mat Market Revenues & Volume, By Drywall Tape & Accessories, 2018 - 2028F |
6.3.3 South Korea Glass Mat Market Revenues & Volume, By Flooring Enforcement, 2018 - 2028F |
6.3.4 South Korea Glass Mat Market Revenues & Volume, By Wall Reinforcement, 2018 - 2028F |
6.3.5 South Korea Glass Mat Market Revenues & Volume, By Roofing And Waterproofing, 2018 - 2028F |
6.3.6 South Korea Glass Mat Market Revenues & Volume, By Insulation, 2018 - 2028F |
6.4 South Korea Glass Mat Market, By End-use Industry |
6.4.1 Overview and Analysis |
6.4.2 South Korea Glass Mat Market Revenues & Volume, By Marine, 2018 - 2028F |
6.4.3 South Korea Glass Mat Market Revenues & Volume, By Construction, 2018 - 2028F |
6.4.4 South Korea Glass Mat Market Revenues & Volume, By Automotive, 2018 - 2028F |
6.4.5 South Korea Glass Mat Market Revenues & Volume, By Industrial, 2018 - 2028F |
6.4.6 South Korea Glass Mat Market Revenues & Volume, By Others, 2018 - 2028F |
7 South Korea Glass Mat Market Import-Export Trade Statistics |
7.1 South Korea Glass Mat Market Export to Major Countries |
7.2 South Korea Glass Mat Market Imports from Major Countries |
8 South Korea Glass Mat Market Key Performance Indicators |
8.1 Adoption rate of glass mat in new construction projects |
8.2 Percentage of glass mat usage in automotive manufacturing |
8.3 Investment in research and development for glass mat product innovation |
9 South Korea Glass Mat Market - Opportunity Assessment |
9.1 South Korea Glass Mat Market Opportunity Assessment, By Mat Type, 2021 & 2028F |
9.2 South Korea Glass Mat Market Opportunity Assessment, By Binder Type, 2021 & 2028F |
9.3 South Korea Glass Mat Market Opportunity Assessment, By Applications, 2021 & 2028F |
9.4 South Korea Glass Mat Market Opportunity Assessment, By End-use Industry, 2021 & 2028F |
10 South Korea Glass Mat Market - Competitive Landscape |
10.1 South Korea Glass Mat Market Revenue Share, By Companies, 2021 |
10.2 South Korea Glass Mat Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |