South Korea Polyurethane Resin for Shoes Market was valued at USD 0.15 Billion in 2022 and is projected to reach USD 0.25 Billion by 2030, growing at a CAGR of 6.3% from 2024 to 2030.
The South Korea Polyurethane Resin for Non-Woven Fabric Market is rapidly gaining momentum, with industries increasingly relying on it for a variety of applications. Polyurethane resins are widely used in the production of non-woven fabrics, which are crucial for a range of products in the healthcare, automotive, and textile industries. This shift in market demand is driven by several key factors that affect industries looking to innovate and improve the functionality of their products.
The core application of polyurethane resins in non-woven fabrics lies in their ability to enhance the material's durability and flexibility. Non-woven fabrics are used in hygiene products such as diapers, sanitary napkins, and medical fabrics due to their absorbent and soft nature. In the automotive industry, they are also employed in soundproofing, insulation, and even in the creation of lightweight yet strong materials for vehicle interiors. The versatility of polyurethane resins allows manufacturers to develop non-woven fabrics that are not only functional but also meet the aesthetic requirements of consumers.
In terms of industry requirements, the South Korean market is increasingly focusing on the demand for high-performance, eco-friendly, and cost-effective materials. As global trends shift towards sustainability, manufacturers are looking for resins that can be easily recycled and produced with minimal environmental impact. Polyurethane resins are emerging as the go-to choice due to their strong chemical properties and potential for biodegradability when produced with sustainable processes. Additionally, industries are leaning toward resins that can offer superior performance while remaining within budget constraints, creating an increased need for innovation in formulation.
The automotive and textile sectors, in particular, are driving the demand for enhanced non-woven fabrics. Manufacturers are seeking resins that offer superior adhesion properties, high resistance to wear and tear, and the ability to withstand various environmental conditions. The healthcare industry also plays a vital role, with rising demand for disposable products that offer high absorbency and skin-friendly qualities.
As the South Korea Polyurethane Resin for Non-Woven Fabric Market continues to expand, it is clear that the industry is poised for innovation. With the integration of more advanced technology and a shift towards sustainable solutions, polyurethane resins will continue to play an essential role in transforming the landscape of non-woven fabrics, catering to an evolving set of industry requirements.
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Great Eastern Resins Industrial
Jiuh Yi Chemical Industrial
Taichin
Toyopolymer
DIC Corporation
Zhejiang Huafon New Materials
Xuchuan Chemical
Anhui Sinograce Chemical
Huada Chemical
Hexin Holding
Hongdeli
YFResin
Dabang Chemical
Anhui Anli Material Technology
Wanshun Chemical
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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 Resin for Shoes Market
Footwear Upper
Insoles
Midsole
Outsole
Coatings and Finishes
Thermoplastic Polyurethane (TPU)
Thermosetting Polyurethane
Polyurethane Dispersion (PUD)
Polyurethane Adhesives
Sports Footwear
Casual Footwear
Formal Footwear
Safety and Industrial Footwear
Injection Molding
Compression Molding
Extrusion
3D Printing
Flexible Polyurethane Resins
Rigid Polyurethane Resins
Biobased Polyurethane Resins
High-performance Polyurethane Resins
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Polyurethane Resin for Shoes 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 Resin for Shoes Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Polyurethane Resin for Shoes Market, By Type
6. South Korea Polyurethane Resin for Shoes Market, By Application
7. South Korea Polyurethane Resin for Shoes Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Polyurethane Resin for Shoes Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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