Asia Pacific Polyurethane Foam Market Size, Share & Trends Analysis Report By Product, By Application (Bedding & Furniture, Transportation, Construction, Packaging, Electronics, Footwear, and Others), By Country and Growth Forecast, 2023

Description

List of Tables

The Asia Pacific Polyurethane Foam Market would witness market growth of 8.1% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 5,567.2 Kilo Tonnes, showcasing a growth of 7.1% (2019-2022).

As regulations tighten and environmental concerns heighten, the demand for materials contributing to reduced energy consumption in buildings and appliances continues to surge. Ongoing research and development efforts aim to enhance foam formulations, optimizing performance characteristics while exploring eco-friendly alternatives and production methods. Advancements in manufacturing processes and chemical compositions are expected to further refine the properties and applications of polyurethane foam. Companies in the market invest significantly in R&D to create novel formulations, enhance product performance, and explore eco-friendly alternatives.

Advanced formulations and production processes allow companies to differentiate their offerings. Producers frequently diversify their product lines to accommodate a wide array of applications by presenting an assortment of foam varieties, densities, and properties to satisfy clients' particular needs in various industries. Many companies aim to expand their presence by forming strategic partnerships, alliances, or acquisitions, enabling them to reach new markets and strengthen their market position. Organizations endeavour to sustain cost competitiveness by implementing supply chain optimizations, achieving economies of scale, and ensuring streamlined manufacturing processes.

The Asia Pacific region is prospering in the consumer electronics industry, especially in nations like India and China. Polyurethane foam is extensively used in the electronics industry for protective packaging to safeguard delicate components like circuit boards, processors, and fragile parts during shipping and handling. Moreover, as per the Shanghai Municipal People's Government, the aggregate retail sales of consumer electronics in China increased by 4% to reach a value of 2.2 trillion yuan (approximately US$305 billion) in 2023. Subsequently, the growth rate is anticipated to quicken to 5% by 2024. Therefore, the rising consumer electronics industry in the region is propelling the growth of the market.

The China market dominated the Asia Pacific Polyurethane Foam Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $8,405.6 million by 2030. The Japan market is registering a CAGR of 7.4% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 8.7% during (2023 - 2030).

Based on Product, the market is segmented into Flexible Foam, and Rigid Foam. Based on Application, the market is segmented into Bedding & Furniture, Transportation, Construction, Packaging, Electronics, Footwear, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

List of Key Companies Profiled

Huntsman Corporation
The Dow Chemical Company
BASF SE
Sekisui Chemical Co., Ltd.
Saint-Gobain Group
Rogers Corporation
UFP Technologies, Inc.
Trelleborg AB
Future Foam, Inc.
Foamcraft, Inc.

Asia Pacific Polyurethane Foam Market Report Segmentation

By Product (Volume, Kilo Tonnes, USD Billion, 2019-2030)

Flexible Foam
Rigid Foam

By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)

Bedding & Furniture
Transportation
Construction
Packaging
Electronics
Footwear
Others

By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)

China
Japan
India
South Korea
Singapore
Malaysia
Rest of Asia Pacific

Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 Asia Pacific Polyurethane Foam Market, by Product
- 1.4.2 Asia Pacific Polyurethane Foam Market, by Application
- 1.4.3 Asia Pacific Polyurethane Foam Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Opportunities
- 3.2.3 Market Restraints
- 3.2.4 Market Challenges
3.3 Porter's Five Forces Analysis

Chapter 4. Asia Pacific Polyurethane Foam Market by Product

4.1 Asia Pacific Flexible Foam Market by Country
4.2 Asia Pacific Rigid Foam Market by Country

Chapter 5. Asia Pacific Polyurethane Foam Market by Application

5.1 Asia Pacific Bedding & Furniture Market by Country
5.2 Asia Pacific Transportation Market by Country
5.3 Asia Pacific Construction Market by Country
5.4 Asia Pacific Packaging Market by Country
5.5 Asia Pacific Electronics Market by Country
5.6 Asia Pacific Footwear Market by Country
5.7 Asia Pacific Others Market by Country

Chapter 6. Asia Pacific Polyurethane Foam Market by Country

6.1 China Polyurethane Foam Market
- 6.1.1 China Polyurethane Foam Market by Product
- 6.1.2 China Polyurethane Foam Market by Application
6.2 Japan Polyurethane Foam Market
- 6.2.1 Japan Polyurethane Foam Market by Product
- 6.2.2 Japan Polyurethane Foam Market by Application
6.3 India Polyurethane Foam Market
- 6.3.1 India Polyurethane Foam Market by Product
- 6.3.2 India Polyurethane Foam Market by Application
6.4 South Korea Polyurethane Foam Market
- 6.4.1 South Korea Polyurethane Foam Market by Product
- 6.4.2 South Korea Polyurethane Foam Market by Application
6.5 Singapore Polyurethane Foam Market
- 6.5.1 Singapore Polyurethane Foam Market by Product
- 6.5.2 Singapore Polyurethane Foam Market by Application
6.6 Malaysia Polyurethane Foam Market
- 6.6.1 Malaysia Polyurethane Foam Market by Product
- 6.6.2 Malaysia Polyurethane Foam Market by Application
6.7 Rest of Asia Pacific Polyurethane Foam Market
- 6.7.1 Rest of Asia Pacific Polyurethane Foam Market by Product
- 6.7.2 Rest of Asia Pacific Polyurethane Foam Market by Application

Chapter 7. Company Profiles

7.1 Huntsman Corporation
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Segment and Regional Analysis
- 7.1.4 Research & Development Expense
- 7.1.5 Recent strategies and developments:
  - 7.1.5.1 Product Launches and Product Expansions:
  - 7.1.5.2 Acquisition and Mergers:
- 7.1.6 SWOT Analysis
7.2 The Dow Chemical Company
- 7.2.1 Company Overview
- 7.2.2 Financial Analysis
- 7.2.3 Segmental and Regional Analysis
- 7.2.4 Research & Development Expenses
- 7.2.5 SWOT Analysis
7.3 BASF SE
- 7.3.1 Company Overview
- 7.3.2 Financial Analysis
- 7.3.3 Segmental and Regional Analysis
- 7.3.4 Research & Development Expense
- 7.3.5 SWOT Analysis
7.4 Sekisui Chemical Co., Ltd.
- 7.4.1 Company Overview
- 7.4.2 Financial Analysis
- 7.4.3 Segmental and Regional Analysis
- 7.4.4 Research & Development Expenses
- 7.4.5 SWOT Analysis
7.5 Saint-Gobain Group
- 7.5.1 Company Overview
- 7.5.2 Financial Analysis
- 7.5.3 Segmental and Regional Analysis
- 7.5.4 Research & Development Expenses
- 7.5.5 Recent strategies and developments:
  - 7.5.5.1 Acquisition and Mergers:
- 7.5.6 SWOT Analysis
7.6 Rogers Corporation
- 7.6.1 Company Overview
- 7.6.2 Financial Analysis
- 7.6.3 Segmental and Regional Analysis
- 7.6.4 Research & Development Expenses
- 7.6.5 SWOT Analysis
7.7 UFP Technologies, Inc.
- 7.7.1 Company Overview
- 7.7.2 Financial Analysis
- 7.7.3 Research & Development Expenses
- 7.7.4 SWOT Analysis
7.8 Trelleborg AB
- 7.8.1 Company Overview
- 7.8.2 Financial Analysis
- 7.8.3 Segmental and Regional Analysis
- 7.8.4 Research & Development Expense
- 7.8.5 SWOT Analysis
7.9 Future Foam, Inc.
- 7.9.1 Company Overview
- 7.9.2 SWOT Analysis
7.10. Foamcraft, Inc.
- 7.10.1 Company Overview
- 7.10.2 SWOT Analysis

LIST OF TABLES

TABLE 1 Asia Pacific Polyurethane Foam Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Polyurethane Foam Market, 2023 - 2030, USD Million
TABLE 3 Asia Pacific Polyurethane Foam Market, 2019 - 2022, Kilo Tonnes
TABLE 4 Asia Pacific Polyurethane Foam Market, 2023 - 2030, Kilo Tonnes
TABLE 5 Asia Pacific Polyurethane Foam Market by Product, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Polyurethane Foam Market by Product, 2023 - 2030, USD Million
TABLE 7 Asia Pacific Polyurethane Foam Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 8 Asia Pacific Polyurethane Foam Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 9 Asia Pacific Flexible Foam Market by Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Flexible Foam Market by Country, 2023 - 2030, USD Million
TABLE 11 Asia Pacific Flexible Foam Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 Asia Pacific Flexible Foam Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 Asia Pacific Rigid Foam Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Rigid Foam Market by Country, 2023 - 2030, USD Million
TABLE 15 Asia Pacific Rigid Foam Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 Asia Pacific Rigid Foam Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 Asia Pacific Polyurethane Foam Market by Application, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Polyurethane Foam Market by Application, 2023 - 2030, USD Million
TABLE 19 Asia Pacific Polyurethane Foam Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 20 Asia Pacific Polyurethane Foam Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 21 Asia Pacific Bedding & Furniture Market by Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Bedding & Furniture Market by Country, 2023 - 2030, USD Million
TABLE 23 Asia Pacific Bedding & Furniture Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24 Asia Pacific Bedding & Furniture Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25 Asia Pacific Transportation Market by Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Transportation Market by Country, 2023 - 2030, USD Million
TABLE 27 Asia Pacific Transportation Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 28 Asia Pacific Transportation Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 29 Asia Pacific Construction Market by Country, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Construction Market by Country, 2023 - 2030, USD Million
TABLE 31 Asia Pacific Construction Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 32 Asia Pacific Construction Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 33 Asia Pacific Packaging Market by Country, 2019 - 2022, USD Million
TABLE 34 Asia Pacific Packaging Market by Country, 2023 - 2030, USD Million
TABLE 35 Asia Pacific Packaging Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 Asia Pacific Packaging Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 Asia Pacific Electronics Market by Country, 2019 - 2022, USD Million
TABLE 38 Asia Pacific Electronics Market by Country, 2023 - 2030, USD Million
TABLE 39 Asia Pacific Electronics Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 Asia Pacific Electronics Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 Asia Pacific Footwear Market by Country, 2019 - 2022, USD Million
TABLE 42 Asia Pacific Footwear Market by Country, 2023 - 2030, USD Million
TABLE 43 Asia Pacific Footwear Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 44 Asia Pacific Footwear Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 45 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 46 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 47 Asia Pacific Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 48 Asia Pacific Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 49 Asia Pacific Polyurethane Foam Market by Country, 2019 - 2022, USD Million
TABLE 50 Asia Pacific Polyurethane Foam Market by Country, 2023 - 2030, USD Million
TABLE 51 Asia Pacific Polyurethane Foam Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 52 Asia Pacific Polyurethane Foam Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 53 China Polyurethane Foam Market, 2019 - 2022, USD Million
TABLE 54 China Polyurethane Foam Market, 2023 - 2030, USD Million
TABLE 55 China Polyurethane Foam Market, 2019 - 2022, Kilo Tonnes
TABLE 56 China Polyurethane Foam Market, 2023 - 2030, Kilo Tonnes
TABLE 57 China Polyurethane Foam Market by Product, 2019 - 2022, USD Million
TABLE 58 China Polyurethane Foam Market by Product, 2023 - 2030, USD Million
TABLE 59 China Polyurethane Foam Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 60 China Polyurethane Foam Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 61 China Polyurethane Foam Market by Application, 2019 - 2022, USD Million
TABLE 62 China Polyurethane Foam Market by Application, 2023 - 2030, USD Million
TABLE 63 China Polyurethane Foam Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 64 China Polyurethane Foam Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 65 Japan Polyurethane Foam Market, 2019 - 2022, USD Million
TABLE 66 Japan Polyurethane Foam Market, 2023 - 2030, USD Million
TABLE 67 Japan Polyurethane Foam Market, 2019 - 2022, Kilo Tonnes
TABLE 68 Japan Polyurethane Foam Market, 2023 - 2030, Kilo Tonnes
TABLE 69 Japan Polyurethane Foam Market by Product, 2019 - 2022, USD Million
TABLE 70 Japan Polyurethane Foam Market by Product, 2023 - 2030, USD Million
TABLE 71 Japan Polyurethane Foam Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 72 Japan Polyurethane Foam Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 73 Japan Polyurethane Foam Market by Application, 2019 - 2022, USD Million
TABLE 74 Japan Polyurethane Foam Market by Application, 2023 - 2030, USD Million
TABLE 75 Japan Polyurethane Foam Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 76 Japan Polyurethane Foam Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 77 India Polyurethane Foam Market, 2019 - 2022, USD Million
TABLE 78 India Polyurethane Foam Market, 2023 - 2030, USD Million
TABLE 79 India Polyurethane Foam Market, 2019 - 2022, Kilo Tonnes
TABLE 80 India Polyurethane Foam Market, 2023 - 2030, Kilo Tonnes
TABLE 81 India Polyurethane Foam Market by Product, 2019 - 2022, USD Million
TABLE 82 India Polyurethane Foam Market by Product, 2023 - 2030, USD Million
TABLE 83 India Polyurethane Foam Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 84 India Polyurethane Foam Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 85 India Polyurethane Foam Market by Application, 2019 - 2022, USD Million
TABLE 86 India Polyurethane Foam Market by Application, 2023 - 2030, USD Million
TABLE 87 India Polyurethane Foam Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 88 India Polyurethane Foam Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 89 South Korea Polyurethane Foam Market, 2019 - 2022, USD Million
TABLE 90 South Korea Polyurethane Foam Market, 2023 - 2030, USD Million
TABLE 91 South Korea Polyurethane Foam Market, 2019 - 2022, Kilo Tonnes
TABLE 92 South Korea Polyurethane Foam Market, 2023 - 2030, Kilo Tonnes
TABLE 93 South Korea Polyurethane Foam Market by Product, 2019 - 2022, USD Million
TABLE 94 South Korea Polyurethane Foam Market by Product, 2023 - 2030, USD Million
TABLE 95 South Korea Polyurethane Foam Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 96 South Korea Polyurethane Foam Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 97 South Korea Polyurethane Foam Market by Application, 2019 - 2022, USD Million
TABLE 98 South Korea Polyurethane Foam Market by Application, 2023 - 2030, USD Million
TABLE 99 South Korea Polyurethane Foam Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 100 South Korea Polyurethane Foam Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 101 Singapore Polyurethane Foam Market, 2019 - 2022, USD Million
TABLE 102 Singapore Polyurethane Foam Market, 2023 - 2030, USD Million
TABLE 103 Singapore Polyurethane Foam Market, 2019 - 2022, Kilo Tonnes
TABLE 104 Singapore Polyurethane Foam Market, 2023 - 2030, Kilo Tonnes
TABLE 105 Singapore Polyurethane Foam Market by Product, 2019 - 2022, USD Million
TABLE 106 Singapore Polyurethane Foam Market by Product, 2023 - 2030, USD Million
TABLE 107 Singapore Polyurethane Foam Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 108 Singapore Polyurethane Foam Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 109 Singapore Polyurethane Foam Market by Application, 2019 - 2022, USD Million
TABLE 110 Singapore Polyurethane Foam Market by Application, 2023 - 2030, USD Million
TABLE 111 Singapore Polyurethane Foam Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 112 Singapore Polyurethane Foam Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 113 Malaysia Polyurethane Foam Market, 2019 - 2022, USD Million
TABLE 114 Malaysia Polyurethane Foam Market, 2023 - 2030, USD Million
TABLE 115 Malaysia Polyurethane Foam Market, 2019 - 2022, Kilo Tonnes
TABLE 116 Malaysia Polyurethane Foam Market, 2023 - 2030, Kilo Tonnes
TABLE 117 Malaysia Polyurethane Foam Market by Product, 2019 - 2022, USD Million
TABLE 118 Malaysia Polyurethane Foam Market by Product, 2023 - 2030, USD Million
TABLE 119 Malaysia Polyurethane Foam Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 120 Malaysia Polyurethane Foam Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 121 Malaysia Polyurethane Foam Market by Application, 2019 - 2022, USD Million
TABLE 122 Malaysia Polyurethane Foam Market by Application, 2023 - 2030, USD Million
TABLE 123 Malaysia Polyurethane Foam Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 124 Malaysia Polyurethane Foam Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 125 Rest of Asia Pacific Polyurethane Foam Market, 2019 - 2022, USD Million
TABLE 126 Rest of Asia Pacific Polyurethane Foam Market, 2023 - 2030, USD Million
TABLE 127 Rest of Asia Pacific Polyurethane Foam Market, 2019 - 2022, Kilo Tonnes
TABLE 128 Rest of Asia Pacific Polyurethane Foam Market, 2023 - 2030, Kilo Tonnes
TABLE 129 Rest of Asia Pacific Polyurethane Foam Market by Product, 2019 - 2022, USD Million
TABLE 130 Rest of Asia Pacific Polyurethane Foam Market by Product, 2023 - 2030, USD Million
TABLE 131 Rest of Asia Pacific Polyurethane Foam Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 132 Rest of Asia Pacific Polyurethane Foam Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 133 Rest of Asia Pacific Polyurethane Foam Market by Application, 2019 - 2022, USD Million
TABLE 134 Rest of Asia Pacific Polyurethane Foam Market by Application, 2023 - 2030, USD Million
TABLE 135 Rest of Asia Pacific Polyurethane Foam Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 136 Rest of Asia Pacific Polyurethane Foam Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 137 key Information - Huntsman Corporation
TABLE 138 Key Information - The Dow Chemical Company
TABLE 139 Key Information - BASF SE
TABLE 140 Key Information - Sekisui Chemical Co., Ltd.
TABLE 141 Key information - Saint-Gobain Group
TABLE 142 Key Information - Rogers Corporation
TABLE 143 Key Information - UFP Technologies, Inc.
TABLE 144 Key Information - Trelleborg AB
TABLE 145 Key Information - Future Foam, Inc.
TABLE 146 Key Information - Foamcraft, Inc.

Asia Pacific Polyurethane Foam Market Size, Share & Trends Analysis Report By Product, By Application (Bedding & Furniture, Transportation, Construction, Packaging, Electronics, Footwear, and Others), By Country and Growth Forecast, 2023 - 2030