PU sole Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION
Polyurethanes are thermosetting polymers, which can't be melted when they are exposed to the heat. Polyurethanes are being formed by the reaction between isocyanate and polyols system. Polyurethane widely used in footwear, polyurethane shoes can be manufactured at a lower cost. Polyurethane provides durability, comfortability, and lightweight to the footwear. Sole made by polyurethane are abrasion-free. Polyurethane sole can be attached to the body of the footwear, which can give ease to the different designs. Process of application of polyurethane sole can be differ based on the footwear design such as work and safety, slippers, sandals, and others.

MARKET DYNAMICS
PU sole (footwear polyurethane) market will grow significantly in the forecasted period due to the driving factors such as increasing demand for lightweight, comfortable, and designer footwear in the market. Tough competitive environment among footwear brand will further entice the demand of PU sole market. Predominantly, concerns related to the health issue due to the use of polyurethane in footwear could hamper the PU sole (footwear polyurethane) market. However, rapidly changing fashion trends will create an opportunity for the PU sole (footwear polyurethane) market.

MARKET SCOPE
The "PU Sole (Footwear Polyurethane) Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the PU sole (footwear polyurethane) Market with detailed market segmentation by raw material, footwear type and region. The PU sole (footwear polyurethane) Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading PU sole (footwear polyurethane) Market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION
The PU sole (footwear polyurethane) Market is segmented on the basis of raw material, footwear type. On the basis of raw material, the PU sole (footwear polyurethane) Market is segmented into, MDI (methylene diphenyl diisocyanate), TDI (toluene diphenyl diisocyanate), polyols. On the basis of end-user industry, the PU sole (footwear polyurethane) Market is segmented into, leisure, work and safety, slippers & sandals, others. REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the PU sole (footwear polyurethane) Market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The PU sole (footwear polyurethane) Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the PU sole (footwear polyurethane) Market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the PU sole (footwear polyurethane) Market in these regions.

PU Sole (Footwear Polyurethane) Market Report Analysis

PU Sole (Footwear Polyurethane) Market

• 
  CAGR (2023 - 2031)

  XX%
• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Report Coverage

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope

• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis

• Industry landscape and competition analysis & recent developments
• Detailed company profiles

• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

• BASF SE
• Coim Group
• Covestro
• Dowdupont
• Huntsman
• Inoac Corporation
• Lanxess
• Lubrizol
• Manali Petrochemicals

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

By Raw Material

• MDI
• TDI
• Polyols

By Footwear Type

• Leisure
• Work and Safety
• Slippers and Sandals

MARKET PLAYERS
The reports cover key developments in the PU sole (footwear polyurethane) Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from PU sole (footwear polyurethane) market are anticipated to lucrative growth opportunities in the future with the rising demand for PU sole (footwear polyurethane) in the global market. Below mentioned is the list of few companies engaged in the PU sole (footwear polyurethane) market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the PU sole (footwear polyurethane) market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

• BASF SE
• Coim Group
• Covestro
• Dowdupont
• Huntsman
• Inoac Corporation
• Lanxess
• Lubrizol
• Manali Petrochemicals
• Wanhua Chemical Group

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

PU Sole (Footwear Polyurethane) Market Report Scope