Indonesia Polyurethane Foam Market Size & Outlook
Indonesia polyurethane foam market, 2018-2030 (US$M)
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Indonesia polyurethane foam market highlights
- The Indonesia polyurethane foam market generated a revenue of USD 1,025.2 million in 2023 and is expected to reach USD 1,922.4 million by 2030.
- The Indonesia market is expected to grow at a CAGR of 9.4% from 2024 to 2030.
- In terms of segment, flexible foam was the largest revenue generating product in 2023.
- Flexible Foam is the most lucrative product segment registering the fastest growth during the forecast period.
Polyurethane foam market data book summary
| Market revenue in 2023 | USD 1,025.2 million |
| Market revenue in 2030 | USD 1,922.4 million |
| Growth rate | 9.4% (CAGR from 2023 to 2030) |
| Largest segment | Flexible foam |
| Fastest growing segment | Flexible Foam |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Rigid Foam, Flexible Foam |
| Key market players worldwide | Huntsman Corp, Dow Inc, Basf SE, Sekisui Chemical Co Ltd, Trelleborg AB ADR, Future PLC, Recticel, UFP Technologies Inc, Rogers Corp, Compagnie de Saint-Gobain SA |
Other key industry trends
- In terms of revenue, Indonesia accounted for 2.3% of the global polyurethane foam market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China polyurethane foam market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,868.6 million by 2030.
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Polyurethane Foam Market Scope
Polyurethane Foam Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Indonesia polyurethane foam market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to polyurethane foam market will help companies and investors design strategic landscapes.
Flexible foam was the largest segment with a revenue share of 58.7% in 2023. Horizon Databook has segmented the Indonesia polyurethane foam market based on rigid foam, flexible foam covering the revenue growth of each sub-segment from 2018 to 2030.
The Indonesia Polyurethane (PU) Foam market is poised for growth and expansion as it aligns with several major infrastructure projects and government initiatives in the country. As toll roads like the 111.6km Kayu Agung-Palembang-Betung highway and the 54km Ciawi-Sukabumi toll road undergo development and refinancing.
Furthermore, Indonesia's first railway public-private partnership project and the USD 1 billion investment in the new Bali airport highlight the government's commitment to enhancing transportation infrastructure.
These ambitious projects aim to improve connectivity, facilitate economic growth, and boost tourism. As the railway and airport projects progress, the demand for construction materials like polyurethane foam is set to rise.
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Our clientele includes a mix of polyurethane foam market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Indonesia polyurethane foam market , including forecasts for subscribers. This country databook contains high-level insights into Indonesia polyurethane foam market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Indonesia polyurethane foam market size, by product, 2018-2030 (US$M)
Indonesia Polyurethane Foam Market Outlook Share, 2023 & 2030 (US$M)
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