Global Water-based Shoes Adhesive market cagr 9.5%

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Water-based Shoes Adhesive Market

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Water-based Shoes Adhesive Market Size and Growth

The water-based shoes adhesive market is experiencing significant growth, driven by the rising demand for eco-friendly products and stringent regulatory standards. As of 2023, the market size is projected to reach approximately $1.2 billion, reflecting a compound annual growth rate of around 5% over the next five years.

Companies Covered

(Covid 19 Impact Covered)

◍ Covestro

◍ Caswell-Adhesives

◍ Nan Pao

◍ Henkel

◍ Taiwan PU

◍ Huntsman

◍ Intercom

◍ Grecoresin

The water-based shoes adhesive market features key players like Covestro, Henkel, and Huntsman, focusing on eco-friendly formulations and innovative applications. These companies drive market growth through R&D and sustainability initiatives, enhancing product performance. Sales revenues include Covestro: $14 billion, Henkel: $23 billion, Huntsman: $7 billion, reflecting strong market positioning.

Market Segmentation

By Application

Other

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By Product

Sports Shoes
Leather Shoes

Market Growth

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$ X Billion USD

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