Polyurethane Foam Market size was valued at USD 27.4 Billion in 2024 and is forecasted to grow at a CAGR of 6% from 2026 to 2033, reaching USD 45.2 Billion by 2033.
The South Korea Polyurethane Foam Market has witnessed significant growth in recent years, driven by various industrial applications and growing demand from key sectors such as automotive, construction, and furniture. Polyurethane foam, known for its versatility, insulation properties, and durability, plays a vital role across industries. The increasing need for energy-efficient materials and better thermal insulation is further fueling the market expansion.
One of the key types of polyurethane foam dominating the South Korean market is flexible foam, which is widely used in furniture, bedding, and automotive seating. The demand for flexible foam is expected to increase due to the growing automotive production and an expanding residential construction market. Additionally, the rising preference for comfortable and durable furniture in both residential and commercial sectors also contributes to the growth of this segment.
Rigid polyurethane foam, another essential type, is primarily utilized for thermal insulation purposes. With the increasing emphasis on energy-efficient buildings and sustainable construction practices, the demand for rigid foam has surged. This foam is used in applications such as wall insulation, roofing, and refrigeration, where its excellent insulation properties reduce energy consumption and improve building efficiency.
The industrial requirements for polyurethane foam are driven by technological advancements and regulatory standards focusing on energy conservation. For instance, the construction industry is rapidly adopting polyurethane foam for better energy efficiency in building insulation. Meanwhile, the automotive industry is seeking lighter and more fuel-efficient components, where polyurethane foam’s ability to provide lightweight, high-performance materials proves advantageous.
Furthermore, the growing trend of eco-friendly products is shaping the demand for bio-based polyurethane foam. Consumers and manufacturers alike are increasingly looking for sustainable alternatives that reduce environmental impact. This shift is leading to the development of new formulations and applications that cater to the eco-conscious market in South Korea.
As industries continue to expand and evolve, the South Korea Polyurethane Foam Market remains poised for continued growth, driven by its diverse applications and the increasing need for efficient, sustainable materials.
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Huntsman Corporation
Trelleborg AG
DowDuPont
Recticel
Nitto Denko Corporation
Tosoh Corporation
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UFP Technologies Inc Covestro
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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 Polyurethane Foam Market
Flexible Foam
Rigid Foam
Spray Foam
Elastomeric Foam
Furniture
Automotive
Building & Construction
Footwear
Packaging
Medical
Consumer Goods
Automotive
Electronics
Healthcare
Construction
Sports & Leisure
Low-Density Foam
Medium-Density Foam
High-Density Foam
Very High-Density Foam
Pouring
Slabstock
Foaming
Cutting
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Polyurethane 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 Polyurethane Foam Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Polyurethane Foam Market, By Type
6. South Korea Polyurethane Foam Market, By Application
7. South Korea Polyurethane Foam Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Polyurethane Foam Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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