South Korea Polyisocyanurate Foam (PIR) Sandwich Panel Market was valued at USD 0.5 Billion in 2022 and is projected to reach USD 0.8 Billion by 2030, growing at a CAGR of 6.3% from 2024 to 2030.
In the rapidly evolving South Korean construction landscape, the demand for Polyisocyanurate Foam (PIR) sandwich panels has surged, driven by their exceptional thermal insulation and fire-resistant properties. These panels are increasingly becoming the material of choice across various industries, including building construction, cold storage, and industrial applications.
In the building and construction sector, PIR sandwich panels are extensively utilized for roofing and wall insulation. Their superior thermal performance aligns with South Korea's stringent energy efficiency regulations and the growing emphasis on sustainable architecture. The panels' fire resistance further enhances building safety, making them a preferred option for developers aiming to meet high-performance standards.
The cold storage industry also significantly benefits from PIR sandwich panels. With the expansion of e-commerce and the food sector, there's an escalating need for efficient thermal insulation in refrigerated warehouses and transport vehicles. PIR panels' excellent thermal resistance and moisture control capabilities ensure the preservation of perishable goods, addressing the industry's critical requirements.
Industrial facilities, including factories and warehouses, are adopting PIR sandwich panels due to their structural strength and durability. These panels withstand harsh environmental conditions, offering resistance to moisture, chemicals, and temperature fluctuations, thereby ensuring the longevity and performance of industrial structures.
The South Korean market has witnessed substantial growth in the adoption of PIR sandwich panels. For instance, KINDUS, a leading manufacturer, has established itself as a major supplier, producing high-quality PIR panels that cater to the domestic market's needs. Their continuous production lines reflect the technological advancements and commitment to quality that characterize the industry.
Despite their advantages, the market faces challenges such as the high cost of raw materials and competition from traditional building materials. However, the long-term benefits of energy efficiency, reduced operational costs, and compliance with environmental standards make PIR sandwich panels a worthwhile investment for many projects.
As South Korea continues to prioritize green building initiatives and energy-efficient solutions, the demand for PIR sandwich panels is expected to rise. Their versatility across various applications positions them as a critical component in the nation's construction and industrial sectors, contributing to sustainable development and environmental stewardship.
Get an In-Depth Research Analysis of the South Korea Polyisocyanurate Foam (PIR) Sandwich Panel Market Size And Forecast [2025-2032]
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Kingspan
Metecno
NCI Building Systems
Assan Panel
Isopan
ArcelorMittal
TATA Steel
Romakowski
Lattonedil
Silex
Marcegaglia
Ruukki
Italpannelli
Tonmat
Nucor Building Systems
Changzhou Jingxue
Alubel
Zhongjie Group
BCOMS
TENAX PANEL
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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 Polyisocyanurate Foam (PIR) Sandwich Panel Market
Insulated Sandwich Panels
Non-Insulated Sandwich Panels
Construction
Refrigeration
Transportation
Aerospace
Roofing
Walls
Floors
Ceilings
Less than 50 mm
50 mm to 100 mm
Above 100 mm
Metal Faced Panels
Non-Metal Faced Panels
Composite Facings
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
For More Information or Query, Visit @ South Korea Polyisocyanurate Foam (PIR) Sandwich Panel Market Research Analysis
1. Introduction of the South Korea Polyisocyanurate Foam (PIR) Sandwich Panel 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 Polyisocyanurate Foam (PIR) Sandwich Panel Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Polyisocyanurate Foam (PIR) Sandwich Panel Market, By Type
6. South Korea Polyisocyanurate Foam (PIR) Sandwich Panel Market, By Application
7. South Korea Polyisocyanurate Foam (PIR) Sandwich Panel Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Polyisocyanurate Foam (PIR) Sandwich Panel Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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