Market Forecast By End-user Industry (Automotive, Construction, Electronics, Other End-user Industries) And Competitive Landscape
Product Code: ETC215315 | Publication Date: May 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | South Korea Tempered Glass Market |
Forecast period | 2025-2031 |
CAGR | 6.3% |
Growing Sector | Automotive |
South Korea Tempered Glass Market report thoroughly covers the market by end-user Industry. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
South Korea Tempered Glass Market is experiencing significant growth and projected to attain more growth in the coming years due to rising demand in various sectors such as construction, automotive, and electronics. Known for its exceptional strength and safety features, tempered glass is increasingly being utilized in buildings, vehicles, and consumer electronics, such as smartphones and tablets. The market is driven by advancements in technology, urbanization, and increasing investments in infrastructure projects.
According to 6Wresearch, South Korea Tempered Glass Market size is expected to grow at a significant CAGR of 6.3% during 2025-2031. Several factors are driving the growth of South Korea Tempered Glass Market such as the country's rapid urbanization, which has led to an increase in construction activities. As South Korea continues to develop its residential and commercial infrastructure, the demand for durable and safe materials such as tempered glass has surged. Apart from this, the robust growth of the automotive industry, where tempered glass is a critical component due to its strength and safety properties. Additionally, the consumer electronics sector has consistently shown an escalating need for tempered glass, particularly in the production of smartphones, tablets, and other high-tech devices. The rising consumer awareness about the benefits of tempered glass over traditional materials, such as enhanced durability and safety, is also contributing to market growth.
However, South Korea Tempered Glass Market faces few restraints such as the high cost of production associated with tempered glass. The complex manufacturing process requires advanced technologies and significant energy consumption, leading to higher prices compared to conventional glass products. This cost factor can deter price-sensitive consumers and industries, limiting market penetration. Additionally, the availability of alternative materials, such as laminated glass and other advanced composites, poses a competitive threat to the tempered glass market. These alternatives often offer comparable safety and durability features, which can sway consumer preferences.
South Korea Tempered Glass Market is defined by the presence of several key players. Key players are LG Chem, Samsung Corning, Saint-Gobain, Hankuk Glass Industries. These key players continue to drive growth and innovation in the South Korea tempered glass market, setting benchmarks for quality, sustainability, and technological advancements.
South Korea Tempered Glass Market is growing and government’s regulation and policies are helping in extension of the market. The promotion of green building standards, which encourages the use of energy-efficient and environmentally friendly materials, including tempered glass. By providing incentives such as tax breaks and subsidies to construction companies that adopt these standards, the government aims to foster sustainable development and increase the demand for high-quality tempered glass. Additionally, the government has launched various research and development programs to advance manufacturing technologies and improve the quality of tempered glass products. These programs often involve collaborations with leading academic institutions and industry players, ensuring that South Korea remains at the forefront of technological innovation in the glass industry.
The future of South Korea Tempered Glass Market looks promising due to various factors such as continuous advancements in technology and increasing demand from diverse industries. With the rise of smart buildings and the growing trend towards home automation, there is a significant opportunity for tempered glass manufacturers to develop innovative products that incorporate smart technologies, such as embedded sensors and dynamic tinting. Additionally, the surging growth of the electric vehicle (EV) market presents another lucrative avenue for tempered glass applications. EVs often require specialized glass that can support lightweight designs and advanced features like augmented reality displays and solar energy harvesting.
According to Ravi Bhandari, Research Head, 6Wresearch, automotive sector is expected to grow significantly in coming years due to burgeoning EV market, coupled with advances in smart glass technologies, positions the automotive industry as a primary driver of tempered glass demand.
The report offers a comprehensive study of the subsequent market segments:
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 Tempered Glass Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Tempered Glass Market Revenues & Volume, 2021 & 2031 |
3.3 South Korea Tempered Glass Market - Industry Life Cycle |
3.4 South Korea Tempered Glass Market - Porter's Five Forces |
3.5 South Korea Tempered Glass Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 South Korea Tempered Glass Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for smartphones and electronic devices with tempered glass screens |
4.2.2 Growing construction activities and infrastructure development in South Korea |
4.2.3 Rising focus on safety and durability in automotive industry |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Intense competition from alternative materials like plastic and polycarbonate |
4.3.3 Stringent regulations on environmental sustainability and waste management |
5 South Korea Tempered Glass Market Trends |
6 South Korea Tempered Glass Market, By Types |
6.1 South Korea Tempered Glass Market, By End-user Industry |
6.1.1 Overview and Analysis |
6.1.2 South Korea Tempered Glass Market Revenues & Volume, By End-user Industry, 2021-2031F |
6.1.3 South Korea Tempered Glass Market Revenues & Volume, By Automotive, 2021-2031F |
6.1.4 South Korea Tempered Glass Market Revenues & Volume, By Construction, 2021-2031F |
6.1.5 South Korea Tempered Glass Market Revenues & Volume, By Electronics, 2021-2031F |
6.1.6 South Korea Tempered Glass Market Revenues & Volume, By Other End-user Industries, 2021-2031F |
7 South Korea Tempered Glass Market Import-Export Trade Statistics |
7.1 South Korea Tempered Glass Market Export to Major Countries |
7.2 South Korea Tempered Glass Market Imports from Major Countries |
8 South Korea Tempered Glass Market Key Performance Indicators |
8.1 Average selling price of tempered glass products |
8.2 Number of new product innovations and patents in the tempered glass market |
8.3 Adoption rate of tempered glass in various industries in South Korea |
9 South Korea Tempered Glass Market - Opportunity Assessment |
9.1 South Korea Tempered Glass Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 South Korea Tempered Glass Market - Competitive Landscape |
10.1 South Korea Tempered Glass Market Revenue Share, By Companies, 2024 |
10.2 South Korea Tempered Glass Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |