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PU Sole (Footwear Polyurethane) Market by Footwear Type (Sports, Leisure, Work & Safety, Slippers & Sandals), Raw Material (Methylene Diphenyl Diisocyanate, Toluene Diphenyl Diisocyanate, and Polyols), and Region - Global Forecast to 2023

PU Sole (Footwear Polyurethane) Market by Footwear Type (Sports, Leisure, Work & Safety, Slippers & Sandals), Raw Material (Methylene Diphenyl Diisocyanate, Toluene Diphenyl Diisocyanate, and Polyols), and Region - Global Forecast to 2023

“The global PU sole (footwear polyurethane) market is projected to witness a CAGR of 4.9% during the forecast period.”
The PU sole (footwear polyurethane) market size is estimated at USD 4.55 billion in 2018 and is projected to reach USD 5.79 billion by 2023, at a CAGR of 4.9%. The high growth is attributed to the growth of the footwear industry, which is characterized by changing fashion and lifestyle trends. The use of Polyurethane in footwear offers superior properties such as high mechanical strength, which makes shoes robust and durable. It can be used for different types of shoes such as sports, leisure, slippers & sandals, work, and safety. PU sole (footwear polyurethane) is finding increased use in various footwear types such as sports, leisure, work & safety, and slippers & sandals.

“Slippers & sandals - the largest footwear type in the overall PU sole (footwear polyurethane) market.”
The slippers & sandals segment is estimated to be the largest footwear in the overall PU sole (footwear polyurethane) market. The large market size for this segment is attributed to consumer preference towards slippers & sandals in the developing economies.

“Methylene diphenyl diisocyanate (MDI) raw material is the fastest-growing segment in the overall PU sole (footwear polyurethane) market.”
Methylene diphenyl diisocyanate (MDI) is a raw material for PU sole (footwear polyurethane). MDI is the most widely-used aromatic diisocyanate in PU sole (footwear polyurethane), which primarily exists in three isomers, namely 2,2'- MDI, 2,4'-MDI, and 4,4'-MDI. 4,4’-MDI isomer is used in shoe sole formulation. In order to make polyurethane for footwear, MDI is reacted with polyols in the presence of other additives. MDI-based polyurethanes have applications in compact outsoles and unit soles. The properties of methylene diphenyl diisocyanate (MDI) such as high degree of stiffness and resilience is expected to drive the market for this segment.

“APAC is the largest and the fastest-growing market for PU sole (footwear polyurethane).”
APAC is estimated to be the largest and the fastest-growing market for PU sole (footwear polyurethane). The high growth rate of the market in the region is due to the increasing production of footwear from countries such as China, India, Indonesia, and Vietnam. China is estimated to be the largest market for PU sole (footwear polyurethane) in APAC. Indonesia is estimated to be the fastest-growing market in the region as well as globally. The regional demand is expected to increase during the forecast period, owing to the growing population and consumer spending. China is the leading manufacturer and consumer of footwear in APAC. The high demand for sports and casual footwear is expected to drive the demand for PU sole (footwear polyurethane) in the region.
Extensive primary interviews were conducted to determine and verify the market size for several segments and subsegments and information gathered through secondary research.

The breakup of primary interviews is given below.
By Company Type - Tier 1 - 20%, Tier 2 - 55%, and Tier 3 - 25%
By Designation - C level - 50%, Director level - 25%, and Others - 25%
By Region - North America - 60%, Europe - 20%, APAC - 10%, the Middle East & Africa - 5%, and South America - 5%.

The leading players in the global PU sole (footwear polyurethane) market include BASF SE (Germany), Covestro (Germany), DowDuPont (US), Huntsman (US), Wanhua Chemical Group (China), and Coim Group (Italy).

Research Coverage:
This research report categorizes the global PU sole (footwear polyurethane) market on the basis of footwear type, raw material, and region. The report includes detailed information regarding the major factors influencing the growth of the market, such as drivers, restraints, challenges, and opportunities. The detailed analysis of key market players provides insights into business overviews, products & services, key strategies, investments & expansions, mergers & acquisitions, and recent developments in the market.

Reasons to Buy the Report:
1. This report segments the global PU sole (footwear polyurethane) market comprehensively and provides the closest approximations of market sizes for the overall market and subsegments across various verticals and regions.

2. The report will help stakeholders understand the pulse of the market and provide them with information on the key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders understand the major competitors and gain insights to enhance their positions in the business. The competitive landscape section includes expansions, new product developments, and mergers & acquisitions undertaken in the market.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • UNITS CONSIDERED
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
    • DATA TRIANGULATION
    • ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • SIGNIFICANT OPPORTUNITIES IN THE FOOTWEAR POLYURETHANE MARKET
    • APAC FOOTWEAR POLYURETHANE MARKET, BY FOOTWEAR TYPE AND COUNTRY
    • FOOTWEAR POLYURETHANE MARKET, BY REGION
    • FOOTWEAR POLYURETHANE MARKET, BY RAW MATERIAL
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • PORTER'S FIVE FORCES ANALYSIS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF BUYERS
      • BARGAINING POWER OF SUPPLIERS
      • INTENSITY OF COMPETITIVE RIVALRY
  • FOOTWEAR POLYURETHANE MARKET, BY RAW MATERIAL
    • INTRODUCTION
      • Table FOOTWEAR POLYURETHANE MARKET SIZE, BY RAW MATERIAL, 2016–2023 (KILOTON)
    • MDI (METHYLENE DIPHENYL DIISOCYANATE)
      • Table MDI: FOOTWEAR POLYURETHANE MARKET SIZE, BY REGION, 2016–2023 (KILOTON)
    • TDI (TOLUENE DIPHENYL DIISOCYANATE)
      • Table TDI: FOOTWEAR POLYURETHANE MARKET SIZE, BY REGION, 2016–2023 (KILOTON)
    • POLYOLS
      • Table POLYOLS: FOOTWEAR POLYURETHANE MARKET SIZE, BY REGION, 2016–2023 (KILOTON)
  • FOOTWEAR POLYURETHANE MARKET, BY FOOTWEAR TYPE
    • INTRODUCTION
      • Table FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (KILOTON)
      • Table FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (USD MILLION)
    • SPORTS
      • Table SPORTS: FOOTWEAR POLYURETHANE MARKET SIZE, BY REGION, 2016–2023 (KILOTON)
      • Table SPORTS: FOOTWEAR POLYURETHANE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • LEISURE
      • Table LEISURE: FOOTWEAR POLYURETHANE MARKET SIZE, BY REGION, 2016–2023 (KILOTON)
      • Table LEISURE: FOOTWEAR POLYURETHANE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • WORK & SAFETY
      • Table WORK & SAFETY: FOOTWEAR POLYURETHANE MARKET SIZE, BY REGION, 2016–2023 (KILOTON)
      • Table WORK & SAFETY: FOOTWEAR POLYURETHANE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • SLIPPERS & SANDALS
      • Table SLIPPERS & SANDALS: FOOTWEAR POLYURETHANE MARKET SIZE, BY REGION, 2016–2023 (KILOTON)
      • Table SLIPPERS & SANDALS: FOOTWEAR POLYURETHANE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • OTHERS
      • Table OTHERS: FOOTWEAR POLYURETHANE MARKET SIZE, BY REGION, 2016–2023 (KILOTON)
      • Table OTHERS: FOOTWEAR POLYURETHANE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
  • FOOTWEAR POLYURETHANE MARKET, BY REGION
    • INTRODUCTION
      • Table FOOTWEAR POLYURETHANE MARKET SIZE, BY REGION, 2016–2023 (KILOTON)
      • Table FOOTWEAR POLYURETHANE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: FOOTWEAR POLYURETHANE MARKET, BY COUNTRY, 2016–2023 (KILOTON)
      • Table NORTH AMERICA: FOOTWEAR POLYURETHANE MARKET, BY COUNTRY, 2016–2023 (USD MILLION)
      • Table NORTH AMERICA: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (KILOTON)
      • Table NORTH AMERICA: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (USD MILLION)
      • Table NORTH AMERICA: FOOTWEAR POLYURETHANE MARKET SIZE, BY RAW MATERIAL, 2016–2023 (KILOTON)
      • US
        • Table US: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (KILOTON)
        • Table US: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (USD MILLION)
      • CANADA
        • Table CANADA: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (KILOTON)
        • Table CANADA: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (USD MILLION)
      • MEXICO
        • Table MEXICO: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (KILOTON)
        • Table MEXICO: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (USD MILLION)
    • APAC
      • Table APAC: FOOTWEAR POLYURETHANE MARKET, BY COUNTRY, 2016–2023 (KILOTON)
      • Table APAC: FOOTWEAR POLYURETHANE MARKET, BY COUNTRY, 2016–2023 (USD MILLION)
      • Table APAC: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (KILOTON)
      • Table APAC: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (USD MILLION)
      • Table APAC: FOOTWEAR POLYURETHANE MARKET SIZE, BY RAW MATERIAL, 2016–2023 (KILOTON)
      • CHINA
        • Table CHINA: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (KILOTON)
        • Table CHINA: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (USD MILLION)
      • INDIA
        • Table INDIA: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (KILOTON)
        • Table INDIA: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (USD MILLION)
      • VIETNAM
        • Table VIETNAM: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (KILOTON)
        • Table VIETNAM: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (USD MILLION)
      • INDONESIA
        • Table INDONESIA: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (KILOTON)
        • Table INDONESIA: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (USD MILLION)
      • THAILAND
        • Table THAILAND: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (KILOTON)
        • Table THAILAND: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (USD MILLION)
      • BANGLADESH
        • Table BANGLADESH: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (KILOTON)
        • Table BANGLADESH: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (USD MILLION)
      • REST OF APAC
        • Table REST OF APAC: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (KILOTON)
        • Table REST OF APAC: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016– 2023 (USD MILLION)
    • EUROPE
      • Table EUROPE: FOOTWEAR POLYURETHANE MARKET, BY COUNTRY, 2016–2023 (KILOTON)
      • Table EUROPE: FOOTWEAR POLYURETHANE MARKET, BY COUNTRY, 2016–2023 (USD MILLION)
      • Table EUROPE: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (KILOTON)
      • Table EUROPE: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (USD MILLION)
      • Table EUROPE: FOOTWEAR POLYURETHANE MARKET SIZE, BY RAW MATERIAL, 2016–2023 (KILOTON)
      • TURKEY
        • Table TURKEY: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (KILOTON)
        • Table TURKEY: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (USD MILLION)
      • ITALY
        • Table ITALY: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (KILOTON)
        • Table ITALY: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (USD MILLION)
      • SPAIN
        • Table SPAIN: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (KILOTON)
        • Table SPAIN: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (USD MILLION)
      • PORTUGAL
        • Table PORTUGAL: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (KILOTON)
        • Table PORTUGAL: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (USD MILLION)
      • REST OF EUROPE
        • Table REST OF EUROPE: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (KILOTON)
        • Table REST OF EUROPE: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (USD MILLION)
    • ROW
      • Table ROW: FOOTWEAR POLYURETHANE MARKET, BY COUNTRY, 2016–2023 (KILOTON)
      • Table ROW: FOOTWEAR POLYURETHANE MARKET, BY COUNTRY, 2016–2023 (USD MILLION)
      • Table ROW: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (KILOTON)
      • Table ROW: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (USD MILLION)
      • Table ROW: FOOTWEAR POLYURETHANE MARKET SIZE, BY RAW MATERIAL, 2016–2023 (KILOTON)
      • BRAZIL
        • Table BRAZIL: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (KILOTON)
        • Table BRAZIL: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (USD MILLION)
      • AFRICAN COUNTRIES
        • Table AFRICAN COUNTRIES: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (KILOTON)
        • Table AFRICAN COUNTRIES: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (USD MILLION)
      • OTHERS
        • Table OTHERS: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (KILOTON)
        • Table OTHERS: FOOTWEAR POLYURETHANE MARKET SIZE, BY FOOTWEAR TYPE, 2016–2023 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • COMPETITIVE SCENARIO
      • INVESTMENTS & EXPANSIONS
        • Table INVESTMENTS & EXPANSIONS, 2013–2018
      • NEW PRODUCT DEVELOPMENTS
        • Table NEW PRODUCT DEVELOPMENTS, 2013–2018
      • ACQUISITIONS/PARTNERSHIPS
        • Table ACQUISITIONS/PARTNERSHIPS, 2013–2018
  • COMPANY PROFILE
    • HUNTSMAN
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • COVESTRO
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • DOWDUPONT
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • BASF SE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • COIM GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • WANHUA CHEMICAL GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • LUBRIZOL
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • LANXESS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • MANALI PETROCHEMICALS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • INOAC CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • OTHERS
      • EUROFOAM GROUP
      • ASAHI KASEI CORPORATION
      • TRELLEBORG
      • HEADWAY GROUP
      • CELLULAR MOULDINGS
      • ERA POLYMERS
      • PERSTORP
      • KASODUR
      • VCM POLYURETHANES
      • ROGERS CORPORATION
  • APPENDIX
    • INSIGHTS FROM INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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