South Korea Polymer Foam Market Size & Outlook, 2024-2030
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South Korea polymer foam market highlights
- The South Korea polymer foam market generated a revenue of USD 6,793.9 million in 2023 and is expected to reach USD 29,404.7 million by 2030.
- The South Korea market is expected to grow at a CAGR of 23.3% from 2024 to 2030.
- In terms of segment, polystyrene foam was the largest revenue generating type in 2023.
- Polyolefin Foam is the most lucrative type segment registering the fastest growth during the forecast period.
Polymer foam market data book summary
| Market revenue in 2023 | USD 6,793.9 million |
| Market revenue in 2030 | USD 29,404.7 million |
| Growth rate | 23.3% (CAGR from 2024 to 2030) |
| Largest segment | Polystyrene foam |
| Fastest growing segment | Polyolefin Foam |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyurethane Foam, Polystyrene Foam, PVC Foam, Phenolic Foam, Polyolefin Foam, Melamine Foam |
| Key market players worldwide | Arkema SA, Armacell, Basf SE, Borealis Exploration Ltd, Symrise AG, JSP Corp, Rogers Corp, Sekisui Chemical Co Ltd, DuPont de Nemours Inc, Trelleborg AB Class B, Woodbridge, Sealed Air Corp |
Other key industry trends
- In terms of revenue, South Korea accounted for 5.0% of the global polymer foam market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China polymer foam market is projected to lead the regional market in terms of revenue in 2030.
- Singapore is the fastest growing regional market in Asia Pacific and is projected to reach USD 24,969.1 million by 2030.
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Polymer Foam Market Scope
Polymer Foam Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Borealis Exploration Ltd | View profile | 3 | 43 Main Street, Suite 1, Gibraltar, Gibraltar, GX11 1AA | https://www.borealis.gi |
| Woodbridge | View profile | 5001-10000 | Mississauga, Ontario, Canada, North America | https://www.woodbridgegroup.com |
| Armacell | View profile | 1001-5000 | Luxembourg, Luxembourg, Luxembourg, Europe | http://www.armacell.com |
| Rogers Corp | View profile | 3300 | 2225 West Chandler Boulevard, Chandler, AZ, United States, 85224-6155 | https://www.rogerscorp.com |
| JSP Corp | View profile | 3282 | 4-2, 3-chome Marunouchi, Shi-Nisseki Building, Chiyoda-ku, Tokyo, Japan, 100-0005 | https://www.co-jsp.co.jp |
| Trelleborg AB Class B | View profile | 15646 | Johan Kocksgatan 10, P.O. Box 153, Trelleborg, Sweden, SE- 23122 | https://www.trelleborg.com |
| Sekisui Chemical Co Ltd | View profile | 26838 | 4-4, Nishitenma 2-Chome, Kita-ku, Osaka, Japan, 530-8565 | http://www.sekisui.co.jp |
| Symrise AG | View profile | 12435 | Muhlenfeldstrasse 1, Holzminden, ST, Germany, 37603 | https://www.symrise.com |
| Sealed Air Corp | View profile | 17000 | 2415 Cascade Pointe Boulevard, Charlotte, NC, United States, 28208 | https://www.sealedair.com |
| DuPont de Nemours Inc | View profile | 24000 | 974 Centre Road, Building 730, Wilmington, DE, United States, 19805 | https://www.dupont.com |
| Arkema SA | View profile | 11039 | 420 rue d’Estienne d’Orves, Colombes, France, 92700 | https://www.arkema.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
South Korea polymer 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 polymer foam market will help companies and investors design strategic landscapes.
Polystyrene foam was the largest segment with a revenue share of 34.46% in 2023. Horizon Databook has segmented the South Korea polymer foam market based on polyurethane foam, polystyrene foam, pvc foam, phenolic foam, polyolefin foam, melamine foam covering the revenue growth of each sub-segment from 2018 to 2030.
- South Korea Polymer Foam Type Outlook (Revenue, USD Million, 2018-2030)
- Polyurethane Foam
- Polystyrene Foam
- PVC Foam
- Phenolic Foam
- Polyolefin Foam
- Melamine Foam
- Others
- South Korea Polymer Foam Application Outlook (Revenue, USD Million, 2018-2030)
- Packaging
- Building & Construction
- Furniture & Bedding
- Automotive
- Rail
- Wind
- Marine
- Others
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Target buyers of South Korea polymer foam market databook
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Our clientele includes a mix of polymer foam market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 polymer foam market , including forecasts for subscribers. This country databook contains high-level insights into South Korea polymer foam market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea polymer foam market size, by type, 2018-2030 (US$M)
South Korea Polymer Foam Market Outlook Share, 2023 & 2030 (US$M)
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