South Korea Polyurethane Resin for Shoes Market was valued at USD 0.15 Billion in 2022 and is projected to reach USD 0.25 Billion by 2030, growing at a CAGR of 6.3% from 2024 to 2030.
South Korea’s Polyurethane Resin for Shoes Market has been experiencing notable growth, driven by increasing demand in the footwear industry. Polyurethane resins are crucial components in the production of shoes, offering various benefits such as durability, flexibility, and comfort. With a growing population and a significant fashion-conscious consumer base, the footwear market in South Korea has seen a rise in demand for high-performance and sustainable materials like polyurethane resin.
The Polyurethane Resin for Shoes Market is largely influenced by several key factors. Among them, industrial requirements play a pivotal role. Manufacturers are increasingly seeking materials that provide excellent abrasion resistance, enhanced comfort, and greater flexibility for shoes. Polyurethane resins meet these demands and have emerged as a preferred choice for shoe production in South Korea. The material's lightweight nature also adds to its appeal, making it ideal for producing comfortable and long-lasting footwear.
Industries such as sports footwear, casual wear, and high-fashion shoes are major consumers of polyurethane resin. In particular, the sports footwear sector relies heavily on the performance characteristics of polyurethane resins to provide cushioning and impact resistance, which are essential for athletic shoes. The casual and fashion industries focus more on the aesthetic appeal and comfort that polyurethane resins can provide in the form of stylish yet durable soles and uppers.
Polyurethane resin’s versatility also makes it highly adaptable for different shoe designs, allowing manufacturers to create innovative products that meet consumer needs. With the increase in demand for eco-friendly materials, South Korean manufacturers are also exploring bio-based polyurethane resins that align with sustainability goals. These advancements reflect a broader trend of technological innovation within the shoe industry, positioning South Korea’s polyurethane resin market as a dynamic and growing sector.
The overall outlook for the Polyurethane Resin for Shoes Market in South Korea remains positive, driven by continuous innovation and increasing industrial requirements. With growing consumer awareness around quality and sustainability, the demand for polyurethane resin is expected to expand even further. Manufacturers are likely to continue exploring new ways to leverage the material’s unique properties, ensuring that it remains at the forefront of the South Korean footwear industry.
Get an In-Depth Research Analysis of the South Korea Polyurethane Resin for Shoes Market Size And Forecast [2025-2032]
Great Eastern Resins Industrial
Jiuh Yi Chemical Industrial
Taichin
Toyopolymer
DIC Corporation
Zhejiang Huafon New Materials
Xuchuan Chemical
Anhui Sinograce Chemical
Huada Chemical
Hexin Holding
Hongdeli
YFResin
Dabang Chemical
Anhui Anli Material Technology
Wanshun Chemical
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Polyurethane Resin for Shoes Market
Footwear Upper
Insoles
Midsole
Outsole
Coatings and Finishes
Thermoplastic Polyurethane (TPU)
Thermosetting Polyurethane
Polyurethane Dispersion (PUD)
Polyurethane Adhesives
Sports Footwear
Casual Footwear
Formal Footwear
Safety and Industrial Footwear
Injection Molding
Compression Molding
Extrusion
3D Printing
Flexible Polyurethane Resins
Rigid Polyurethane Resins
Biobased Polyurethane Resins
High-performance Polyurethane Resins
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Polyurethane Resin for Shoes Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Polyurethane Resin for Shoes Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Polyurethane Resin for Shoes Market, By Type
6. South Korea Polyurethane Resin for Shoes Market, By Application
7. South Korea Polyurethane Resin for Shoes Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Polyurethane Resin for Shoes Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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