Global MDI-based PU Soles (Footwear Polyurethane) market cagr 8.8%

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MDI-based PU Soles (Footwear Polyurethane) Market

MDI-based PU Soles (Footwear Polyurethane)

Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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MDI-based PU Soles (Footwear Polyurethane) Market Size and Growth

The MDI-based PU soles market is witnessing robust growth, driven by rising demand in the footwear industry for lightweight, durable materials. Market size is projected to reach approximately $1.5 billion by 2026, fueled by innovations in design and manufacturing. Increased consumer preference for comfort and sustainability further enhances market prospects.

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Companies Covered

(Covid 19 Impact Covered)

◍ BASF SE

◍ Lanxess

◍ Huntsman

◍ Covestro

◍ Lubrizol

◍ DuPont

◍ Coim Group

◍ Wanhua Chemical Group

The MDI-based PU soles market is shaped by key players like BASF SE, Lanxess, Huntsman, Covestro, Lubrizol, DuPont, Coim Group, and Wanhua Chemical Group. These companies innovate formulations, enhance performance, and expand applications, driving market growth. Notable sales revenues include:

- BASF SE: €78 billion

- Huntsman: $7.91 billion

- Covestro: €15.2 billion

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Market Segmentation

By Application

Casuals

Boots

Slippers and Sandals

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By Product

Methylene Diphenyl Diisocyanate

Toluene Diphenyl Diisocyanate

Polyols

Market Growth

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$ X Billion USD

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