U Sole (Footwear Polyurethane) Market Size, Share, Trend, Forecast, & Industry Analysis – 2020-2025.

The PU Sole (Footwear Polyurethane) Market is Segmented by Raw Material Type (Methylene Diphenyl Diisocyanate, Toluene Diphenyl Diisocyanate, and Polyols), by Footwear Type (Leisure, Work and Safety, Slippers & Sandals, and Others), and by Region .

Market Insights

PU sole (Footwear Polyurethane) market is likely to witness an impressive CAGR of 6.2% during the forecast period. Polyurethane is employed in footwear to deliver seamless blend of microclimate, ergonomics, and contented experience. The premium characteristics of polyurethane as shoe sole material, development in footwear sales, and rising manufacturing in burgeoning economies are anticipated to drive the global PU sole (footwear polyurethane) market.

Segments’ Analysis

PU Sole (Footwear Polyurethane) Market Share: By Raw Material Type

Based on the raw material type, the market is segmented as methylene diphenyl diisocyanate (MDI), toluene diphenyl diisocyanate (TDI), and polyols. The polyols segment held the largest share and is expected to soar high in the coming five years.

PU Sole (Footwear Polyurethane) Market Share: By Footwear Type

Based on the footwear type, the market is segmented as leisure, work and safety, slippers & sandals, and others. The leisure footwear segment is estimated to depict the highest growth during the forecast period. Leisure footwear is defined as footwear that is used on a regular basis for trend and comfort. Such a footwear also provides a grade of performance for various open-air activities. Sneakers, loafers, and flat soles are the few types of leisure footwear available commercially. The material selection for soles is a prime factor as soles play a significant part in delivering comfort to users. The engagement of polyurethane in soles presents enhanced flexibility, sturdiness, and comfort, which is bolstering the demand for this segment.

PU Sole (Footwear Polyurethane) Market Share: By Region

In terms of regions, Asia-Pacific is estimated to be the largest and fastest-growing market for PU soles (footwear polyurethane) in the coming five years. China and Indonesia are the growth engines of the region and are anticipated to hold the largest share of the market in the region during the forecast period. The market is driven by the upsurge in the engagement of PU sole (footwear polyurethane) in leisure, sports, work & safety, and slippers & sandals footwear, which has subsequently augmented the demand for PU sole (footwear polyurethane). North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

Market Scope & Segmentation

PU sole or polyurethane sole is also known as a synthetic shoe sole that is light in weight, resistant to abrasion for a perfect shoe manufacturing. Due to its amazing mechanical properties and also the property of water resistance, it is an amazing option for the manufacture of hard shoes.

PU soles are highly responsible for the manufacturing of shoes that are comfortable, greater ease of wearing and flexible in nature. They can be used in manufacturing shoes for all purposes such as leisure, work, safety, sandals, and others.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The PU sole (Footwear Polyurethane) market is segmented into the following categories. 

PU Sole (Footwear Polyurethane) Market Size, Share, & Forecast, by Raw Material Type:

• Methylene Diphenyl Diisocyanate (MDI) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Toluene Diphenyl Diisocyanate (TDI) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Polyols (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Leisure (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Work and Safety (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Slippers & Sandals (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

PU Sole (Footwear Polyurethane) Market Size, Share, & Forecast, by Footwear Type:

PU Sole (Footwear Polyurethane) Market Size, Share, & Forecast, by Region:

Declaration:The article is quoted from Stratview Research.

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