PU Sole Footwear Polyurethane Market is predicted to reach USD 9.6 billion at a CAGR of 7.80% during the forecast period

Market Research Future (MRFR) has published on the “Global PU sole footwear polyurethane Market”.

MRFR recognizes the following companies as the key players in the global PU sole footwear polyurethane Market— Asahi Kasei Corporation, BASF SE, Huntsman International LLC, Dow, Coim Group, Wanhua, The Lubrizol Corporation, Covestro AG, INOAC CORPORATION, Trelleborg AB., CELLULAR MOULDINGS, Rogers Corporation, MarvelVinyls, Airysole Footwear Pvt Ltd, BASF SE, Unisol India, bkinds.in, LANXESS, VCM Polyurethanes Pvt. Ltd., NEVEON Holding GmbH, Era Polymers Pty Ltd., and Perstorp, among others.

Pu Sole Footwear Polyurethane Market Highlights

The global PU sole footwear polyurethane Market is accounted to register a CAGR of 7.80% during the forecast period and is estimated to reach USD 9.6 Billion by 2032.

The market for polyurethane PU soles for footwear is expanding significantly as a result of the increased demand for supportive and long-lasting footwear. Excellent cushioning, traction resistance, and light weight are all features of polyurethane soles. The market is booming due to elements like rising disposable income, shifting fashion trends, and a growing footwear sector.

Segment Analysis

The global PU sole footwear polyurethane market has been segmented based application and raw material.

On the basis of application, the market is segmented into sports, formal, casual, boots, slippers, and sandals. With a share of the market's revenue of 37.68%. The casuals category was dominant. Shoes that are worn every day for both comfort and style are referred to as casual footwear. Furthermore, these shoes offer a wide range of performance for outdoor activities. Loafers, trainers, and flat soles are commercially accessible forms of casual footwear.

Based on Raw Material, the global PU sole footwear polyurethane market has been segmented into polyols, toluene diphenyl diisocyanate (TDI), and methylene diphenyl diisocyanate (MDI). With 45.68% of market sales. The market was controlled by the Methylene Diphenyl Diisocyanate (MDI) sector. The 4,4'-MDI isomer is used in the manufacture of shoe soles. MDI is reacted with polyols in the presence of additional additives to produce polyurethane soles for footwear.

Regional Analysis

The global PU sole footwear polyurethane Market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe PU sole footwear polyurethane Market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The PU sole footwear polyurethane Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World PU sole footwear polyurethane Market comprises of Middle East, Africa, and Latin America.

The North America PU Sole (footwear polyurethane) Market dominated this market in 2022 (45.80%). In North America, the footwear industry has grown and become well-established. All market segments in the region, including those for athletic, casual, and fashionable footwear, are experiencing sustained demand for footwear.

Moreover, the Europe market has been persistently growing over the forecast period. The second-largest market share belongs to the polyurethane sole (or PU Sole) market in Europe. Europe is recognised for emphasising stylish footwear and having a forward-thinking outlook on fashion. Customers in Europe place a high value on footwear that is both stylish and attractive.

Additionally, from 2023 to 2032, the market for footwear polyurethane soles in Asia-Pacific is anticipated to develop at the fastest rate. The Asia Pacific region serves as a crucial centre for the footwear industry because key production centres including China, India, and Vietnam are located there.

Furthermore, the growing demand for high-quality, comfortable footwear is fueling growth in the Latin American PU sole footwear polyurethane market. The market is being driven by elements including rising urbanisation, shifting lifestyles, and rising disposable income. The market is growing as a result of the rising footwear industry in the area and consumer preference for strong and fashionable shoes.

Key Findings of the Study

• The global PU sole footwear polyurethane Market is expected to reach USD 9.6 Billion by 2032, at a CAGR of 7.80% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market due to China, India, and Vietnam are important manufacturing hubs for the footwear industry, making the Asia Pacific area a vital hub for the sector.


• Based on application, the casual segment was attributed to holding the largest market in 2022.


• Asahi Kasei Corporation, BASF SE, Huntsman International LLC, Dow, Coim Group, Wanhua, The Lubrizol Corporation, Covestro AG, INOAC CORPORATION, Trelleborg AB., CELLULAR MOULDINGS, Rogers Corporation, MarvelVinyls, Airysole Footwear Pvt Ltd, BASF SE, Unisol India, bkinds.in, LANXESS, VCM Polyurethanes Pvt. Ltd., NEVEON Holding GmbH, Era Polymers Pty Ltd., and Perstorp, among others.