SOUTH KOREA CONSTRUCTION GLASS MARKET

INTRODUCTION

 Sand or quartz are heated to a high temperature to create transparent or translucent molten glass, which is the material used to make glass. Then, the molten glass is shaped into a variety of shapes. Glass comes in three primary varieties: toughened glass, heat-strengthened glass, and annealed glass.

Glass is currently employed in the construction industry as an insulating medium, structural component, exterior glazing material, and cladding material. It may also be used to create conventional windows and delicate-looking fenestrations on facades. Glass is a great building material because it can transmit natural light up to more efficiently than other materials, saving energy.

It is also effective as a thermal and sound insulator. A variety of glass varieties that have been toughened or fortified to make them less likely to break or shatter and to make them safer when they are damaged are referred to as "safety glass." When damaged, safety glass shouldn't shatter into big pieces. 

Sand, soda ash, and limestone are the three naturally occurring raw ingredients used to make glass. These components are melted at extremely high temperatures to create glass. Glass has a structure that is comparable to that of liquids at high temperatures, but it behaves like a solid at room temperature.

SOUTH KOREA CONSTRUCTION GLASS MARKET SIZE AND FORECAST

The South korea construction glass market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

NEW PRODUCT LAUNCH

The biggest glass producer in South Korea is KCC Glass.  With construction glass prices skyrocketing since 1H21, the company's operating profit has dramatically grown.The company is inexpensively valued, selling, despite being the market leader in automobile protective glass, household flat glass, and construction glass.

Construction glass is a product that only two domestic companies make, and KCC Glass excels in this field. Construction glass is marketed externally in addition to serving as a raw material for the company's glass goods.

It's important to highlight that the price of flat glass on the domestic market follows the price of imported glass, and the cost of imported glass from Malaysia is still expensive after a significant increase.

COMPANY PROFILE

• KCC
• Saint Gobain
• LG
• CMS
• Crystal glass co ltd

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many construction glasses are manufactured per annum in South Korea? Who are the sub-component suppliers in different regions?
2. Cost breakup of a South Korea construction glass and key vendor selection criteria
3. Where is the construction glass manufactured? What is the average margin per unit?
4. Market share of South Korea construction glass market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture South Korea construction glass in-house
6. key predictions for next 5 years in South Korea construction glass market
7. Average B-2-B construction glass market price in all segments
8. Latest trends in construction glass market, by every market segment
9. The market size (both volume and value) of the construction glass market in 2023-2030 and every year in between?
10. Production breakup of construction glass market, by suppliers and their OEM relationship