| Product Code: ETC11448363 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, Hong Kong continued to see a diverse range of countries exporting bio-based polyurethane, with China, Netherlands, USA, Japan, and South Korea leading the way. Despite the negative CAGR of -21.87% from 2020 to 2024 and a further decline in growth rate from 2023 to 2024 at -8.91%, the market remained relatively unconcentrated with a low Herfindahl-Hirschman Index (HHI). This suggests a competitive landscape and opportunities for market players to explore new avenues for growth and innovation in the bio-based polyurethane sector within Hong Kong.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Hong Kong Bio-Based Polyurethane Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Bio-Based Polyurethane Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Bio-Based Polyurethane Market - Industry Life Cycle |
3.4 Hong Kong Bio-Based Polyurethane Market - Porter's Five Forces |
3.5 Hong Kong Bio-Based Polyurethane Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Hong Kong Bio-Based Polyurethane Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Hong Kong Bio-Based Polyurethane Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Hong Kong Bio-Based Polyurethane Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.9 Hong Kong Bio-Based Polyurethane Market Revenues & Volume Share, By Environmental Impact, 2021 & 2031F |
4 Hong Kong Bio-Based Polyurethane Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness and demand for sustainable products in Hong Kong |
4.2.2 Government initiatives promoting the use of bio-based materials |
4.2.3 Growing adoption of bio-based polyurethane in various industries such as construction and automotive |
4.3 Market Restraints |
4.3.1 Higher production costs compared to conventional polyurethane |
4.3.2 Limited availability of raw materials for bio-based polyurethane production |
4.3.3 Lack of awareness and understanding about the benefits of bio-based polyurethane among consumers |
5 Hong Kong Bio-Based Polyurethane Market Trends |
6 Hong Kong Bio-Based Polyurethane Market, By Types |
6.1 Hong Kong Bio-Based Polyurethane Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Bio-Based Polyurethane Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Hong Kong Bio-Based Polyurethane Market Revenues & Volume, By Bio-PU Foam, 2021 - 2031F |
6.1.4 Hong Kong Bio-Based Polyurethane Market Revenues & Volume, By Bio-PU Elastomers, 2021 - 2031F |
6.1.5 Hong Kong Bio-Based Polyurethane Market Revenues & Volume, By Bio-PU Adhesives, 2021 - 2031F |
6.2 Hong Kong Bio-Based Polyurethane Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Bio-Based Polyurethane Market Revenues & Volume, By Insulation, 2021 - 2031F |
6.2.3 Hong Kong Bio-Based Polyurethane Market Revenues & Volume, By Footwear, 2021 - 2031F |
6.2.4 Hong Kong Bio-Based Polyurethane Market Revenues & Volume, By Automotive Parts, 2021 - 2031F |
6.3 Hong Kong Bio-Based Polyurethane Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Hong Kong Bio-Based Polyurethane Market Revenues & Volume, By Construction, 2021 - 2031F |
6.3.3 Hong Kong Bio-Based Polyurethane Market Revenues & Volume, By Consumer Goods, 2021 - 2031F |
6.3.4 Hong Kong Bio-Based Polyurethane Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.4 Hong Kong Bio-Based Polyurethane Market, By Source |
6.4.1 Overview and Analysis |
6.4.2 Hong Kong Bio-Based Polyurethane Market Revenues & Volume, By Biomass, 2021 - 2031F |
6.4.3 Hong Kong Bio-Based Polyurethane Market Revenues & Volume, By Corn-Based, 2021 - 2031F |
6.4.4 Hong Kong Bio-Based Polyurethane Market Revenues & Volume, By Plant-Based, 2021 - 2031F |
6.5 Hong Kong Bio-Based Polyurethane Market, By Environmental Impact |
6.5.1 Overview and Analysis |
6.5.2 Hong Kong Bio-Based Polyurethane Market Revenues & Volume, By Energy Efficient, 2021 - 2031F |
6.5.3 Hong Kong Bio-Based Polyurethane Market Revenues & Volume, By Renewable, 2021 - 2031F |
6.5.4 Hong Kong Bio-Based Polyurethane Market Revenues & Volume, By Non-Toxic, 2021 - 2031F |
7 Hong Kong Bio-Based Polyurethane Market Import-Export Trade Statistics |
7.1 Hong Kong Bio-Based Polyurethane Market Export to Major Countries |
7.2 Hong Kong Bio-Based Polyurethane Market Imports from Major Countries |
8 Hong Kong Bio-Based Polyurethane Market Key Performance Indicators |
8.1 Percentage increase in the number of eco-friendly certifications obtained by bio-based polyurethane manufacturers |
8.2 Growth in research and development investments in bio-based polyurethane technologies |
8.3 Number of collaborations between bio-based polyurethane manufacturers and research institutions for product innovation and development |
9 Hong Kong Bio-Based Polyurethane Market - Opportunity Assessment |
9.1 Hong Kong Bio-Based Polyurethane Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Hong Kong Bio-Based Polyurethane Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Hong Kong Bio-Based Polyurethane Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Hong Kong Bio-Based Polyurethane Market Opportunity Assessment, By Source, 2021 & 2031F |
9.5 Hong Kong Bio-Based Polyurethane Market Opportunity Assessment, By Environmental Impact, 2021 & 2031F |
10 Hong Kong Bio-Based Polyurethane Market - Competitive Landscape |
10.1 Hong Kong Bio-Based Polyurethane Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Bio-Based Polyurethane Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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