The recent analysis by Reports and Data suggests that the market for PU sole (Footwear Polyurethane) is anticipated to have a market value of USD 7.47 Billion. The study contains a detailed analysis of PU sole (Footwear Polyurethane), which is considered to be the most superior design for sole of shoes considering the fact that it is non-abrasive, light weight, water and fire resistant   and possess shock absorbing qualities. It is used in all types of footwear. PU sole (Footwear Polyurethane) makes the footwear very durable, and is being adopted in the fashion industry excessively, it was previously used for trekking and as trekking shoe. The PU sole (Footwear Polyurethane) is very affordable making it look very attractive in the market, especially in the developing countries.

Top Companies Operating in the Global PU sole (footwear polyurethane) Market:

Asahi Kasei Corporation, BASF SE, Cellular Mouldings Coim Group, Covestro, Dowdupont Euro Foam Group, Huntsman Manali Petrochemicals, Rogers Corporation VCM Polyurethanes and Wanhua Chemical Group

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Further key findings from the report

• Although in the product segment of slippers and sandals have the highest market share, leisure footwear which comprises of daily use fashionable footwear such as loafers and sneakers is growing at a very high CAGR in the PU sole (Footwear Polyurethane) market
• It was found that the market for PU sole (Footwear Polyurethane) is growing at a swift rate because of the change in taste and preference among the consumers. The different styles and trends in the footwear industry has been exploited by PU sole manufacturers
• After Asia- Pacific, Europe is found to have the highest CAGR of about 5.3%. This can be attribute to the rise in footwear industry in Europe owing to upgradation of fashion and need for safety footwear. The investments are very high in this given area
• Toluene Diphenyl Diisocyanate (TDI) accounts for only a small part of the sole production market with respect to raw materials used, i.e. almost 12%. This is because it has very high vapour pressure a lot higher than MDI and hence crosses the OSHA permissible exposure limits

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Key Regional Markets Covered in the Report:

• North America (U.S.A., Canada, Mexico)
• Europe (Italy, U.K., Germany, France, Rest of Europe)
• Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
• Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)

PU sole (footwear polyurethane) Market Segmentation

Product Type (Revenue, USD Million; 2020–2028)

• Sports
• Leisure
• Work Safety
• Slippers Sandals
• Others

Raw Material (Revenue, USD Million; 2020–2028)

• Methylene Diphenyl Diisocyanate (MDI)
• Toluene Diphenyl Diisocyanate (TDI)
• Polyols

End Use (Revenue, USD Million; 2020–2028)

• Men
• Women
• Children

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