Europe Polyurethane Resin for Shoes Market was valued at USD 0.55 Billion in 2022 and is projected to reach USD 0.97 Billion by 2030, growing at a CAGR of 7.1% from 2024 to 2030.
The Europe Polyurethane Resin for Shoes Market is experiencing significant growth due to its increasing demand across various industries, particularly in the footwear sector. Polyurethane resin plays a crucial role in enhancing the performance, durability, and aesthetics of shoes, making it an essential material in the production of both athletic and casual footwear. As the market continues to evolve, the need for high-quality, sustainable, and cost-effective materials is rising, driving innovations and advancements in resin formulations.
Polyurethane resin offers several advantages for the footwear industry, such as superior abrasion resistance, excellent flexibility, and excellent chemical resistance. These qualities make it ideal for use in shoe soles, providing enhanced comfort and support for consumers. Moreover, the resin’s ability to be customized for different shoe styles, from running shoes to high-end fashion footwear, ensures its wide application across various segments. The footwear market's increasing demand for lightweight, long-lasting materials has further pushed the growth of the polyurethane resin market in Europe.
In addition to footwear, polyurethane resin is increasingly being required by other industries, including automotive, construction, and consumer goods, further boosting the demand. As industries look for advanced materials that offer both performance and sustainability, polyurethane resin is increasingly seen as a viable solution. Manufacturers are also looking to adopt eco-friendly formulations, with many opting for water-based polyurethane resins that offer a more sustainable alternative to traditional solvent-based systems.
The versatility of polyurethane resin in the production of shoes is also contributing to the growth of the market. With its ability to be tailored to specific needs, such as varying hardness or flexibility, it is widely used in shoe midsoles, outsoles, and insoles. This versatility has made it an indispensable material in the footwear industry, as brands strive to deliver products that offer both style and functionality.
As the demand for high-performance footwear continues to rise, the need for advanced materials like polyurethane resin is expected to grow. The Europe Polyurethane Resin for Shoes Market is set to remain a critical component of the footwear industry’s innovation and evolution in the coming years, offering significant opportunities for both manufacturers and consumers alike.
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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 Europe 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
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
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1. Introduction of the Europe 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. Europe Polyurethane Resin for Shoes Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe Polyurethane Resin for Shoes Market, By Type
6. Europe Polyurethane Resin for Shoes Market, By Application
7. Europe Polyurethane Resin for Shoes Market, By Geography
Europe
Germany
UK
France
8. Europe Polyurethane Resin for Shoes Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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