APAC Polyurethane Foam Market - Industry Trends and Forecast to 2030
The Asia-Pacific polyurethane foam market is projected to register a 6.4% CAGR from 2023 to 2030. The new market report contains data for the historic year 2021, the base year of calculation is 2022, and the forecast period is 2023 to 2030.
Market SegmentationAsia-Pacific Polyurethane Foam Market, By Product (Rigid foam, Flexible foam, and Spray foam), Category (Open Cell and Closed Cell), Density Composition (Low-Density Composition, Medium-Density Composition, and High-Density Composition), Process (Slabstock Foam, Molded Foam, Lamination, and Spraying), End-User (Building & Construction, Bedding & Furniture, Automotive, Footwear, Electronics, Packaging, and Others), Country (China, Japan, India, South Korea, Taiwan, Australia, Thailand, Singapore, Philippines, Malaysia, Vietnam, New Zealand, Indonesia, and Rest of Asia-Pacific) Industry Trends and Forecast to 2030
Overview of The Polyurethane Foam Market Dynamics:
Driver
• Increasing demand for protective packaging
Restraint
• Rising health hazards associated with the use of polyurethane foam
Opportunity
• Rising demand for various home furnishing applications
Market PlayersThe key players operating in the Asia-Pacific polyurethane foam market are:
• Henkel AG & Co. KGaA
• Saint-Gobain
• Huntsman International LLC
• BASF SE
• INOAC CORPORATION
• ALSTONE INDUSTRIES PVT. LTD.
• Dow
• General Plastics Manufacturing Company, Inc.
• Meenakshi Polymers Pvt. Ltd.
• Recticel NV/SA
• Rogers Corporation
• SEKISUI CHEMICAL CO., LTD.
• Foamcraft, Inc.,
• Sheela Foam Ltd.
• Sunpreeth Engineers
• Tirupati Foam Ltd.
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