Market Overview:
The global polyurethane for footware market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for PU-based footware from various end-use applications, such as sports shoes, leisure shoes, slippers & sandals, work & safety shoes and others. In terms of type, solid PU is expected to lead the global polyurethane for footware market during the forecast period owing to its properties such as high abrasion resistance and durability. Cellular PU is also anticipated to witness significant growth during the forecast period on account of its properties such as cushioning and insulation.
Product Definition:
Polyurethane is a synthetic polymer that is often used in the production of footwear. It is important for footwear because it provides cushioning, durability, and breathability.
Solid PU:
Solid polyurethane (PU) is a polymer, which is extensively used in the footwear industry. It has high durability and low-cost factor as compared to liquid PU. The solid form of this product can be molded easily than the liquid one; it also has a higher melting point than its counterpart. These properties have helped manufacturers to develop durable products with less raw material usage, which reduces carbon footprint significantly.
Cellular PU:
Cellular polyurethane (PU) is a type of polyurethane that is produced from the reaction of diisocyanate and polymerization agent. The product has high demand in footwear manufacturing due to its ability to reduce odor, improve durability, increase tensile strength and flexibility along with providing excellent impact resistance.
Application Insights:
Sports shoes accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. Polyurethane is used in the manufacturing of sports shoes as it helps reduce friction and provide comfort to feet. It also has a high water resistance property, which aids in keeping feet dry during rainy days.
The leisure shoe segment is projected to witness significant growth over the forecast period on account of growing preference for slippers and sandals among all age groups across various regions globally. The solid type polyurethane offers better durability than other types while offering comfortability, support, flexibility along with enhanced grip on wet surfaces making it a popular choice among consumers worldwide.
Regional Analysis:
Asia Pacific is expected to be the fastest growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing disposable income, rising population, and changing consumer lifestyle. In addition, rapid urbanization in emerging economies such as China and India has led to an increase in the construction activities which will have a positive impact on industry growth over the forecast period.
Europe was valued at USD X million in 2017 and is anticipated to witness steady growth over the forecast period owing high demand for stylish PU footwear from countries including Germany, France Italy, U.K., Spain among others are expected drive product demand majorly due cellular polyurethane's (CPU) benefits such as lightweight & durable shoes upper surface along with lower surface traction properties required for sports activities especially during winter season across European region majorly driving Solid Polyurethane (SPU) sales followed by Liquid Polyurethane (LPU).
Growth Factors:
- Increasing demand from the footwear industry for polyurethane as a material for manufacturing shoes and boots owing to its properties such as durability, comfort, and water resistance.
- Rising disposable income of consumers in developing countries, which is resulting in an increase in demand for branded and fashionable footwear products.
- Proliferation of online retail platforms that offer a wide range of choices to consumers, thereby boosting the sales of polyurethane-based footwear products.
- Growing popularity of sports activities among people across all age groups, which is leading to an increase in demand for specialized sports shoes made from polyurethane materials.
Scope Of The Report
Report Attributes
Report Details
Report Title
Polyurethane for Footware Market Research Report
By Type
Solid PU, Cellular PU, Liquid PU
By Application
Sports Shoes, Leisure Shoes, Slippers & Sandals, Work & Safety Shoes, Others
By Companies
Huntsman, Covestro, Dowdupont, BASF SE, Coim Group, Wanhua Chemical Group, Lubrizol, Lanxess, IVPIndia, A.S. Shoe Accessories, Huntsman
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
162
Number of Tables & Figures
114
Customization Available
Yes, the report can be customized as per your need.
Global Polyurethane for Footware Market Report Segments:
The global Polyurethane for Footware market is segmented on the basis of:
Types
Solid PU, Cellular PU, Liquid PU
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
Sports Shoes, Leisure Shoes, Slippers & Sandals, Work & Safety Shoes, Others
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:
- Huntsman
- Covestro
- Dowdupont
- BASF SE
- Coim Group
- Wanhua Chemical Group
- Lubrizol
- Lanxess
- IVPIndia
- A.S. Shoe Accessories
- Huntsman
Highlights of The Polyurethane for Footware 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:
- Solid PU
- Cellular PU
- Liquid PU
- By Application:
- Sports Shoes
- Leisure Shoes
- Slippers & Sandals
- Work & Safety Shoes
- Others
- 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 Polyurethane for Footware 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Polyurethane is a type of plastic that is used to make footwear. It is a durable material that can resist water and dirt. Polyurethane also has a smooth surface, which makes it comfortable to wear.
Some of the key players operating in the polyurethane for footware market are Huntsman, Covestro, Dowdupont, BASF SE, Coim Group, Wanhua Chemical Group, Lubrizol, Lanxess, IVPIndia, A.S. Shoe Accessories, Huntsman.
The polyurethane for footware market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Polyurethane for Footware 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 Polyurethane for Footware Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Polyurethane for Footware 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 Polyurethane for Footware 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 Polyurethane for Footware Market Size & Forecast, 2018-2028 4.5.1 Polyurethane for Footware Market Size and Y-o-Y Growth 4.5.2 Polyurethane for Footware Market Absolute $ Opportunity
Chapter 5 Global Polyurethane for Footware 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 Polyurethane for Footware Market Size Forecast by Type
5.2.1 Solid PU
5.2.2 Cellular PU
5.2.3 Liquid PU
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Polyurethane for Footware 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 Polyurethane for Footware Market Size Forecast by Applications
6.2.1 Sports Shoes
6.2.2 Leisure Shoes
6.2.3 Slippers & Sandals
6.2.4 Work & Safety Shoes
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polyurethane for Footware 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 Polyurethane for Footware 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 Polyurethane for Footware Analysis and Forecast
9.1 Introduction
9.2 North America Polyurethane for Footware 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 Polyurethane for Footware Market Size Forecast by Type
9.6.1 Solid PU
9.6.2 Cellular PU
9.6.3 Liquid PU
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 Polyurethane for Footware Market Size Forecast by Applications
9.10.1 Sports Shoes
9.10.2 Leisure Shoes
9.10.3 Slippers & Sandals
9.10.4 Work & Safety Shoes
9.10.5 Others
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 Polyurethane for Footware Analysis and Forecast
10.1 Introduction
10.2 Europe Polyurethane for Footware 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 Polyurethane for Footware Market Size Forecast by Type
10.6.1 Solid PU
10.6.2 Cellular PU
10.6.3 Liquid PU
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 Polyurethane for Footware Market Size Forecast by Applications
10.10.1 Sports Shoes
10.10.2 Leisure Shoes
10.10.3 Slippers & Sandals
10.10.4 Work & Safety Shoes
10.10.5 Others
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 Polyurethane for Footware Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Polyurethane for Footware 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 Polyurethane for Footware Market Size Forecast by Type
11.6.1 Solid PU
11.6.2 Cellular PU
11.6.3 Liquid PU
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 Polyurethane for Footware Market Size Forecast by Applications
11.10.1 Sports Shoes
11.10.2 Leisure Shoes
11.10.3 Slippers & Sandals
11.10.4 Work & Safety Shoes
11.10.5 Others
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 Polyurethane for Footware Analysis and Forecast
12.1 Introduction
12.2 Latin America Polyurethane for Footware 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 Polyurethane for Footware Market Size Forecast by Type
12.6.1 Solid PU
12.6.2 Cellular PU
12.6.3 Liquid PU
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 Polyurethane for Footware Market Size Forecast by Applications
12.10.1 Sports Shoes
12.10.2 Leisure Shoes
12.10.3 Slippers & Sandals
12.10.4 Work & Safety Shoes
12.10.5 Others
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) Polyurethane for Footware Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Polyurethane for Footware 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) Polyurethane for Footware Market Size Forecast by Type
13.6.1 Solid PU
13.6.2 Cellular PU
13.6.3 Liquid PU
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) Polyurethane for Footware Market Size Forecast by Applications
13.10.1 Sports Shoes
13.10.2 Leisure Shoes
13.10.3 Slippers & Sandals
13.10.4 Work & Safety Shoes
13.10.5 Others
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 Polyurethane for Footware Market: Competitive Dashboard
14.2 Global Polyurethane for Footware Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Huntsman
14.3.2 Covestro
14.3.3 Dowdupont
14.3.4 BASF SE
14.3.5 Coim Group
14.3.6 Wanhua Chemical Group
14.3.7 Lubrizol
14.3.8 Lanxess
14.3.9 IVPIndia
14.3.10 A.S. Shoe Accessories
14.3.11 Huntsman