PU Sole (Footwear Polyurethane) - Global Strategic Business Report

Global PU Sole (Footwear Polyurethane) Market to Reach $16.7 Billion by 2030

The global market for PU Sole (Footwear Polyurethane) estimated at US$7.9 Billion in the year 2022, is projected to reach a revised size of US$16.7 Billion by 2030, growing at a CAGR of 9.8% over the analysis period 2022-2030. Methylene Diphenyl Diisocyanate (MDI), one of the segments analyzed in the report, is projected to record 10.5% CAGR and reach US$9.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Toluene Diphenyl Diisocyanate (TDI) segment is readjusted to a revised 8.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $2.1 Billion, While China is Forecast to Grow at 14.7% CAGR

The PU Sole (Footwear Polyurethane) market in the U.S. is estimated at US$2.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4 Billion by the year 2030 trailing a CAGR of 14.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.4% and 8.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.4% CAGR.

Select Competitors (Total 48 Featured) -

• Asahi Kasei Corporation
• BASF
• Cellular Mouldings
• COIM
• Covestro
• Dow Inc
• ERA Polymers
• Eurofoam Group
• Headway Group
• Huntsman Corporation
• INOAC Corporation
• Kasodur
• LANXESS
• Lubrizol
• Manali Petrochemical
• Perstorp
• Rogers Corporation
• Trelleborg
• VCM Polyurethanes
• Wanhua Chemical Company

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