Market Overview:
The global MDI-based PU soles (footwear polyurethane) market is expected to register a CAGR of 5.8% during the forecast period, 2018–2030. The market growth can be attributed to the increasing demand for PU soles in the footwear industry, owing to their properties such as durability, comfort, and water resistance. In addition, the growing trend of customization in footwear is also propelling the demand for MDI-based PU soles. Based on type, methylene diphenyl diisocyanate (MDI) accounted for a major share of the global MDI-based PU soles market in 2017. This segment is projected to grow at a CAGR of 5.9% during the forecast period due to its superior properties such as high abrasion resistance and good flexibility over other types of diisocyanates used in manufacturing PU soles. Toluene diphenyl diisocyanate (TDI) held second largest share in 2017 and is projected to grow at a CAGR of 5%.
 Industry Outlook.svg)
Product Definition:
MDI-based PU soles (footwear polyurethane) are important because they provide cushioning and support for the feet. They are also durable and can withstand a lot of wear and tear.
Methylene Diphenyl Diisocyanate:
Methylene diphenyl diisocyanate (MDI) based polyurethane (PU) soles are footwear products, which are manufactured using a blend of polyurethane and MDI. The product is gaining popularity in the footwear industry owing to its excellent abrasion resistance property. It also helps reduce the weight of the finished product, making it more efficient as a material for manufacturing high-performance shoes.
Toluene Diphenyl Diisocyanate:
Toluene diphenyl diisocyanate (MDI) based polyurethane (PU) soles are footwear products, which is used for providing thermal insulation to the wearer. MDI based PU soles have a significant amount of energy absorption and rebound effect, which makes them an ideal choice for sports shoes.
Application Insights:
PU soles find application in various footwear products such as casual, boots, slippers and sandals. The demand for the abovementioned products is expected to be driven by an increase in the working-class population globally. This factor is likely to fuel the demand for casual shoes which are more affordable compared to formal shoes. In addition, a rise in disposable income levels coupled with a growing preference for western-styled footwear among emerging middle-class groups will further propel product demand over the forecast period.
Boots and slippers segment emerged as one of the leading application segments owing to high product durability and versatility of designs offered by MDI based PU soles which can be used on snowy/icy surfaces without risk of slipping or sliding due its non-sticky texture properties.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region, registering a CAGR of XX% from 2018 to 2030. The growth can be attributed to increasing demand for comfortable footwear and growing urbanization in developing countries such as China and India. Furthermore, rising disposable income coupled with expanding middle class population will drive the market further.
The Asia Pacific was followed by Europe which accounted for over 25% of the total revenue share in 2017 owing to high consumer spending on premium quality leather shoes along with other factors such as changing lifestyle and fashion trends & preferences across various genders & age groups within the region are boosting product demand majorly during winters season (November - February).
Growth Factors:
- Increasing demand for PU soles in the footwear industry as they provide cushioning, comfort, and durability.
- Rising disposable income of consumers, which enables them to spend more on quality footwear products.
- Growing popularity of sports and outdoor activities, which has led to an increase in demand for performance-based shoes with PU soles.
- Technological advancements that have resulted in the development of new and innovative types of PU soles that offer better comfort and performance properties than traditional ones.
- The increasing trend of customization in the footwear industry, wherein consumers are demanding different designs and styles for their shoes, which is also contributing to the growth of the MDI-based PU Soles market
Scope Of The Report
Report Attributes
Report Details
Report Title
MDI-based PU Soles (Footwear Polyurethane) Market Research Report
By Type
Methylene Diphenyl Diisocyanate, Toluene Diphenyl Diisocyanate, Polyols
By Application
Casuals, Boots, Slippers and Sandals
By Companies
BASF SE, Covestro, DuPont, Huntsman, Wanhua Chemical Group, Coim Group, Lubrizol, Lanxess
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global MDI-based PU Soles (Footwear Polyurethane) Market Report Segments:
The global MDI-based PU Soles (Footwear Polyurethane) market is segmented on the basis of:
Types
Methylene Diphenyl Diisocyanate, Toluene Diphenyl Diisocyanate, Polyols
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Casuals, Boots, Slippers and Sandals
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF SE
- Covestro
- DuPont
- Huntsman
- Wanhua Chemical Group
- Coim Group
- Lubrizol
- Lanxess
 Market Overview.svg)
Highlights of The MDI-based PU Soles (Footwear Polyurethane) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Methylene Diphenyl Diisocyanate
- Toluene Diphenyl Diisocyanate
- Polyols
- By Application:
- Casuals
- Boots
- Slippers and Sandals
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the MDI-based PU Soles (Footwear Polyurethane) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
MDI-based PU soles are a type of footwear polyurethane that is made from two types of polyurethane: MDI and butadiene. MDI-based PU soles are more expensive than other types of footwear polyurethane, but they offer better performance because they have a higher heat resistance and wearability.
Some of the key players operating in the mdi-based pu soles (footwear polyurethane) market are BASF SE, Covestro, DuPont, Huntsman, Wanhua Chemical Group, Coim Group, Lubrizol, Lanxess.
The mdi-based pu soles (footwear polyurethane) market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 MDI-based PU Soles (Footwear Polyurethane) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 MDI-based PU Soles (Footwear Polyurethane) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 MDI-based PU Soles (Footwear Polyurethane) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the MDI-based PU Soles (Footwear Polyurethane) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global MDI-based PU Soles (Footwear Polyurethane) Market Size & Forecast, 2020-2028
4.5.1 MDI-based PU Soles (Footwear Polyurethane) Market Size and Y-o-Y Growth
4.5.2 MDI-based PU Soles (Footwear Polyurethane) Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Methylene Diphenyl Diisocyanate
5.2.2 Toluene Diphenyl Diisocyanate
5.2.3 Polyols
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Casuals
6.2.2 Boots
6.2.3 Slippers and Sandals
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global MDI-based PU Soles (Footwear Polyurethane) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 MDI-based PU Soles (Footwear Polyurethane) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Methylene Diphenyl Diisocyanate
9.6.2 Toluene Diphenyl Diisocyanate
9.6.3 Polyols
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Casuals
9.10.2 Boots
9.10.3 Slippers and Sandals
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Methylene Diphenyl Diisocyanate
10.6.2 Toluene Diphenyl Diisocyanate
10.6.3 Polyols
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Casuals
10.10.2 Boots
10.10.3 Slippers and Sandals
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Methylene Diphenyl Diisocyanate
11.6.2 Toluene Diphenyl Diisocyanate
11.6.3 Polyols
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Casuals
11.10.2 Boots
11.10.3 Slippers and Sandals
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Methylene Diphenyl Diisocyanate
12.6.2 Toluene Diphenyl Diisocyanate
12.6.3 Polyols
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Casuals
12.10.2 Boots
12.10.3 Slippers and Sandals
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Methylene Diphenyl Diisocyanate
13.6.2 Toluene Diphenyl Diisocyanate
13.6.3 Polyols
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Casuals
13.10.2 Boots
13.10.3 Slippers and Sandals
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 MDI-based PU Soles (Footwear Polyurethane) Market: Competitive Dashboard
14.2 Global MDI-based PU Soles (Footwear Polyurethane) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF SE
14.3.2 Covestro
14.3.3 DuPont
14.3.4 Huntsman
14.3.5 Wanhua Chemical Group
14.3.6 Coim Group
14.3.7 Lubrizol
14.3.8 Lanxess
