South Korea Injected EVA Foam Market was valued at USD 250 Million in 2022 and is projected to reach USD 450 Million by 2030, growing at a CAGR of 6.8% from 2024 to 2030.
The South Korean Injected EVA Foam market has been witnessing significant growth in recent years, driven by rising demand across multiple industries. EVA foam, known for its excellent cushioning properties, is used extensively in manufacturing products that require both flexibility and durability. As industries continue to evolve, the need for high-quality EVA foam with specific attributes has become crucial. Let’s explore the different types of Injected EVA Foam and how various sectors rely on these materials.
Injected EVA foam is typically categorized based on its density, color, and intended use. The market is growing due to the versatility of this material, with applications spanning footwear, automotive, packaging, and sports equipment industries. In particular, the footwear sector has seen a surge in demand, with EVA foam used for creating comfortable soles and insoles. This has been a major driver of the Injected EVA Foam market in South Korea, as the demand for lightweight and durable footwear increases.
Automotive manufacturers also require EVA foam for a variety of applications such as interior components and soundproofing materials. The ability of EVA foam to provide high resilience and excellent sound insulation makes it a popular choice in vehicle production. As the automotive industry in South Korea grows, so does the need for high-quality injected EVA foam.
In packaging, EVA foam’s lightweight yet robust nature allows for enhanced protection of delicate goods. Companies looking to minimize shipping costs while ensuring safety during transportation are increasingly opting for this material. Additionally, the sports industry uses EVA foam for manufacturing protective gear, including pads and helmets, ensuring athlete safety while maintaining comfort.
As industries continue to demand more specialized forms of injected EVA foam, the South Korean market is expected to grow steadily. Innovations in foam injection technology are likely to further diversify the types of EVA foam available, with customization in properties such as density, resilience, and color becoming more accessible. This ongoing development will cater to the varying requirements of the industries relying on injected EVA foam for their products.
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Foamtech Ltd.
Toray Plastics
Zotefoams
Trocellen
Primacel
Foam Creations
Carefoam
Armacell
Pop foam
EVA Glory
FOAMTECH
Selasti
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 Injected EVA Foam Market
Standard EVA Foam
Cross-Linked EVA Foam
Coated EVA Foam
Low Density (< 15 kg/m³)
Medium Density (15-25 kg/m³)
High Density (> 25 kg/m³)
Footwear
Sports Equipment
Automotive
Construction and Packaging
Consumer Goods
Sports and Fitness
Healthcare
Industrial
Retail
Aerospace
Injection Molding
Extrusion
Blow Molding
Compression Molding
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Injected EVA Foam 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 Injected EVA Foam Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Injected EVA Foam Market, By Type
6. South Korea Injected EVA Foam Market, By Application
7. South Korea Injected EVA Foam Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Injected EVA Foam Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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