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The future of the MDI based polyurethane market in South Korea is positive with opportunities in building and construction, appliance, transportation, furniture and bedding, footwear, packaging, and general & industrial engineering industries. The major driver for growth in this market is increasing demand for higher thermal insulating materials in building and construction, home appliances, and transportation sectors.
Emerging trends, which have a direct impact on the dynamics of the MDI based polyurethane industry, include the development of high flame retardant PU foam and biobased MDI.
A total of 25 figures / charts and 12 tables are provided in this 60-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of this MDI based polyurethane market in South Korea report, download the report brochure.
MDI based Polyurethane Market in South Korea by Segment:
2014-2025 (US $M) (Randomized Data)
Trends and Forecasts for MDI based Polyurethane Market in South Korea:
2014-2025 (US $M) (Randomized Data)
The study includes market size and forecast for the MDI based polyurethane market in South Korea through 2025, segmented by application and end use industry as follows:
MDI Based Polyurethane Market by Application (Volume (M lbs) and $M shipment analysis for 2014 to 2025):
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Rigid Foam
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Flexible Foam
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Coating
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Adhesive and Sealant
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Elastomer
MDI Based Polyurethane Market by End Use Industry (Volume (M lbs) and $M shipment analysis for 2014 to 2025):
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Building and Construction
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Appliance
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Transportation
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Furniture and Bedding
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Footwear
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Packaging
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General/ Industrial Engineering
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Others
On the basis of comprehensive research, rigid foam is expected to be the largest application by value and volume over the forecast period because of growing demand of PU foam in building & construction and appliances industries for thermal insulation and energy savings. Lucintel projects that the elastomer application will witness the highest growth during the forecast period due to increasing demand for MDI based polyurethane in footwear and industrial end uses.
Within this market, building and construction will remain the largest end use by value and volume due to increasing demand of rigid foam for thermal and acoustic insulation in exterior and interior walls. Lucintel predicts that the demand for footwear end use is likely to experience the highest growth in the forecast period due to increasing demand for athletic footwear.
Some of the features of “Opportunities for the MDI Based Polyurethane Market in South Korea 2014-2025: Trends, Forecast, and Opportunity Analysis” Include:
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Market size estimates: MDI based polyurethane market size estimation in terms of value ($M) and volume (M Lbs.) shipment.
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Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by application and end use industry.
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Segmentation analysis: MDI based polyurethane market size by various applications such as application, end use industry in terms of value and volume shipment.
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Growth opportunities: Analysis on growth opportunities in different application and end use industry for MDI based polyurethane in the MDI based polyurethane market.
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Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers following 7 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the MDI based polyurethane market in South Korea by application (rigid foam, flexible foam, coating, adhesive and sealant and elastomer) and end use industry (building and construction, appliance, transportation, furniture and bedding, footwear, packing, general/ industrial engineering, and others)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the key factors affecting market dynamics? What are the drivers and challenges of the MDI based polyurethane market?
Q.4 What are the business risks and threats to the MDI based polyurethane market?
Q.5 What are emerging trends in this MDI based polyurethane market and the reasons behind them?
Q.6 What are some changing demands of customers in the MDI based polyurethane market?
Q.7 What are the new developments in the MDI based polyurethane market? Which companies are leading these developments?