Japan Polyurethane Resin for Shoes Market was valued at USD 0.20 Billion in 2022 and is projected to reach USD 0.32 Billion by 2030, growing at a CAGR of 6.2% from 2024 to 2030.
The Japan Polyurethane Resin for Shoes Market is experiencing significant growth due to increasing demand for high-performance footwear in various industries, such as sports, fashion, and outdoor activities. Polyurethane resin, known for its durability, flexibility, and comfort, plays a vital role in the production of shoes, making it a sought-after material for manufacturers. The versatile nature of polyurethane resin allows it to be used in a wide range of shoe components, including soles, uppers, and insoles.
The demand for Polyurethane Resin for Shoes is largely driven by its ability to improve the comfort, longevity, and aesthetic appeal of footwear. Manufacturers are focusing on creating innovative shoe designs that offer superior performance while maintaining a stylish look. Polyurethane resin’s lightweight and high-resilience properties make it ideal for sports shoes, as it enhances both comfort and durability. Additionally, it provides excellent shock absorption, making it a preferred choice for running shoes and other high-impact footwear.
Another factor contributing to the rise in polyurethane resin use is its suitability for meeting the growing consumer demand for sustainable products. With the increasing awareness around environmental issues, consumers are becoming more inclined to choose eco-friendly options. Polyurethane resins are often produced using renewable resources, offering a more sustainable alternative compared to traditional materials. This shift towards sustainability is reshaping the Polyurethane Resin for Shoes Market in Japan, encouraging manufacturers to adopt greener practices.
Industries such as sports, fashion, and outdoor apparel are increasingly relying on polyurethane resin to enhance the performance and durability of their products. For instance, the global rise in outdoor activities, such as hiking and cycling, has driven the demand for footwear that can withstand various terrains and weather conditions. Polyurethane resin's ability to endure harsh environments while providing comfort has made it a crucial component in this sector.
Furthermore, the market for Polyurethane Resin for Shoes in Japan is expected to see continued growth, driven by the constant innovation in shoe manufacturing techniques and the expansion of the global footwear market. As consumer preferences evolve, manufacturers are continuously exploring ways to integrate polyurethane resin into their products to meet the evolving demands of the market.
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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 Japan 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 Japan 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. Japan Polyurethane Resin for Shoes Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Japan Polyurethane Resin for Shoes Market, By Type
6. Japan Polyurethane Resin for Shoes Market, By Application
7. Japan Polyurethane Resin for Shoes Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. Japan Polyurethane Resin for Shoes Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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