South Korea Polyurethane Market Size & Outlook, 2022-2030
South Korea polyurethane market, 2018-2030 (US$M)
Related Markets
South Korea polyurethane market highlights
- The South Korea polyurethane market generated a revenue of USD 2,772.4 million in 2022 and is expected to reach USD 3,840.4 million by 2030.
- The South Korea market is expected to grow at a CAGR of 4.2% from 2023 to 2030.
- In terms of segment, other end uses was the largest revenue generating end use in 2022.
- ELECTRICAL & ELECTRONICS is the most lucrative end use segment registering the fastest growth during the forecast period.
Polyurethane market data book summary
| Market revenue in 2022 | USD 2,772.4 million |
| Market revenue in 2030 | USD 3,840.4 million |
| Growth rate | 4.2% (CAGR from 2022 to 2030) |
| Largest segment | Other end uses |
| Fastest growing segment | ELECTRICAL & ELECTRONICS |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PACKAGING, CONSTRUCTION, ELECTRICAL & ELECTRONICS, AUTOMOTIVE, MEDICAL, OTHER END USES |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.7% of the global polyurethane market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China polyurethane market is projected to lead the regional market in terms of revenue in 2030.
- Thailand is the fastest growing regional market in Asia Pacific and is projected to reach USD 926.2 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Polyurethane Market Scope
Polyurethane Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea polyurethane 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 market will help companies and investors design strategic landscapes.
Other end uses was the largest segment with a revenue share of 33.52% in 2022. Horizon Databook has segmented the South Korea polyurethane market based on packaging, construction, electrical & electronics, automotive, medical, other end uses covering the revenue growth of each sub-segment from 2018 to 2030.
The market largely has open trade policies and has also signed several free-trade agreements that are expected to encourage and attract foreign investors in several sectors, including automotive, consumer goods, electronics, and construction.
Rapid technological advancements, expansion of the tourism sector and rapidly expanding population base, coupled with high urbanization rates are major factors encouraging growth in these sectors. Furthermore, the shift in trend toward sustainable products and materials is driving PU demand in these industries to comply with consumer preferences and stringent regulatory norms.
Reasons to subscribe to South Korea polyurethane market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of South Korea polyurethane market databook
-
Our clientele includes a mix of polyurethane market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea polyurethane market , including forecasts for subscribers. This country databook contains high-level insights into South Korea polyurethane market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea polyurethane market size, by end use, 2018-2030 (US$M)
South Korea Polyurethane Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
