| Product Code: ETC7486621 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Hong Kong continued to see a diverse mix of top countries exporting polyurethane foam, with China, Netherlands, USA, Japan, and South Korea leading the way. Despite the challenging market conditions, the Herfindahl-Hirschman Index (HHI) remained at low concentration levels, indicating a competitive landscape. The compound annual growth rate (CAGR) for the period 2020-2024 was notably negative at -21.87%, with a further decline in growth rate from 2023 to 2024 at -8.91%. These trends suggest a complex market environment for polyurethane foam import shipments in 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 Polyurethane Foam Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Polyurethane Foam Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Polyurethane Foam Market - Industry Life Cycle |
3.4 Hong Kong Polyurethane Foam Market - Porter's Five Forces |
3.5 Hong Kong Polyurethane Foam Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Hong Kong Polyurethane Foam Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Hong Kong Polyurethane Foam Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient buildings and insulation solutions |
4.2.2 Growth in the construction industry in Hong Kong |
4.2.3 Rising awareness about environmental sustainability and green building practices |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in polyurethane foam production |
4.3.2 Stringent regulations and standards related to environmental impact and health concerns |
4.3.3 Competition from alternative insulation materials |
5 Hong Kong Polyurethane Foam Market Trends |
6 Hong Kong Polyurethane Foam Market, By Types |
6.1 Hong Kong Polyurethane Foam Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Polyurethane Foam Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Hong Kong Polyurethane Foam Market Revenues & Volume, By Rigid Foam, 2021- 2031F |
6.1.4 Hong Kong Polyurethane Foam Market Revenues & Volume, By Flexible Foam, 2021- 2031F |
6.1.5 Hong Kong Polyurethane Foam Market Revenues & Volume, By Spray Foam, 2021- 2031F |
6.2 Hong Kong Polyurethane Foam Market, By End-use Industry |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Polyurethane Foam Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.3 Hong Kong Polyurethane Foam Market Revenues & Volume, By Electronics, 2021- 2031F |
6.2.4 Hong Kong Polyurethane Foam Market Revenues & Volume, By Footwear, 2021- 2031F |
6.2.5 Hong Kong Polyurethane Foam Market Revenues & Volume, By Packaging, 2021- 2031F |
6.2.6 Hong Kong Polyurethane Foam Market Revenues & Volume, By Others, 2021- 2031F |
7 Hong Kong Polyurethane Foam Market Import-Export Trade Statistics |
7.1 Hong Kong Polyurethane Foam Market Export to Major Countries |
7.2 Hong Kong Polyurethane Foam Market Imports from Major Countries |
8 Hong Kong Polyurethane Foam Market Key Performance Indicators |
8.1 Energy efficiency ratings of buildings using polyurethane foam insulation |
8.2 Number of new construction projects incorporating polyurethane foam |
8.3 Adoption rate of eco-friendly polyurethane foam products |
8.4 Percentage of market share compared to alternative insulation materials |
8.5 Customer satisfaction and feedback on the performance of polyurethane foam products in real-world applications |
9 Hong Kong Polyurethane Foam Market - Opportunity Assessment |
9.1 Hong Kong Polyurethane Foam Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Hong Kong Polyurethane Foam Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Hong Kong Polyurethane Foam Market - Competitive Landscape |
10.1 Hong Kong Polyurethane Foam Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Polyurethane Foam 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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