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Footwear Sole Material Market Overview, Insights, Size, & opportunities 2029 | INOAC CORPORATION, Unisol India, INGOM SRL, Vibram Corporation

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Smriti Somani

Footwear Sole Material Market market is expected to grow at a CAGR of 5.9% in the forecast period of 2022 to 2029 and is expected to reach USD 36,041.66 million by 2029. Rising knee and ankle problems among ageing population and rise in demand for fashionable, comfortable, and convenient footwear acts as driver for the footwear sole material market growth. Footwear Sole Material Market report contains detailed information on factors influencing opportunities, demand, growth, challenges, drivers, and restraints. It provides detailed information about the structure of global and regional industries. The report also includes data on research & development, new product launches, product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the Footwear Sole Material Market by region.

 

Download Free Sample Report to explore growth opportunities in the Footwear Sole Material market@ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-footwear-sole-material-market

 

Growing Strategic Activities by Major Market Players to Enhance the Awareness for Benefits of Footwear Sole Material, is Boosting the Market Growth of Footwear Sole Material Market.

The Footwear sole material market also provides you with detailed market analysis for every country growth in particular market. Additionally, it provides the detail information regarding the market players’ strategy and their geographical presence.

 

Footwear Sole Material Market Segmentation-

·       On the basis of product, the global footwear sole material market is segmented into non-athletic and athletic. In 2022, the non-athletic segment is expected to dominate the footwear sole material market as the demand for flip-flops is increasing for both men and women.

·       On the basis of soling material, the global footwear sole material market is segmented into polyurethane, rubber, EVA, PVC, PEBA, leather, and bio-materials. . In 2022, rubber segment is expected to dominate the market as rubber provides protection against exposure to high temperatures.

·       On the basis of sole component, the global footwear sole material market is segmented into outsole, innersole, and midsole. In 2022, the outsole component segment is expected to dominate the footwear sole material market due to its tough and durable nature.

·       On the basis of sole type, the global footwear sole material market is segmented into new soles and repair soles. In 2022, new sole segment is expected to dominate the footwear sole material market as the new sole appears to be better in every form than the repair sole.

·       On the basis of distribution channel, the global footwear sole material market is segmented into direct sale/B2B, E-commerce, specialty stores, and others. In 2022, the direct sale/B2B segment is expected to dominate the footwear sole material market as it allows the manufacturers to order in bulk quantity and is cost-effective.

·       On the basis of end-user, the global footwear sole material market is segmented into men, women, and kids. In 2022, women segment is expected to dominate the footwear sole material market as the demand for new fashionable footwear is more among women.

 

Important contents analyzed and discussed in the report include market size, operation situation, segments, business development, consumption tendencies, and current & future development trends of the market. Moreover, the report includes the list of major competitors and their competition data that helps the user to determine their current position in the market and take corrective measures to maintain or increase their share holds.

 

Top Players Analysed in the Report are:

·       INOAC CORPORATION

·       Unisol India

·       INGOM SRL

·       Vibram Corporation

·       Allbirds, Inc.

·       Solvay

·       Soles by MICHELIN

·       Arkema

·       Covestro AG

·       Evonik Industries AG

·       BASF SE

·       Dow

·       Huntsman International LLC

·       Asahi Kasei Corporation

·       Continental AG

 

Footwear Sole Material Market Developments

·       In December 2020, Huntsman Corporation announced its agreement to acquire Gabriel Performance Products, a North American specialty chemical manufacturer of specialty additives. This will help the company to strengthen the footprint of its specialty products business.

·       In September 2021, Crocs partnered with Dow to incorporate a bio-based material into its shoes, which is a part of Crocs commitment to being a net-zero company by 2030. The new bio-based formulation that is of Croslite material is made by Dow from sustainably sourced waste and by-products. This helped the company to gain recognition among customers.

 

The report includes company profiling of almost all important players of the Footwear Sole Material market. The company profiling section offers valuable analysis on strengths and weaknesses, market presence, business developments, recent advancements, expansion plans, mergers and acquisitions, global footprint, and product portfolios of leading market players. This information can be used by players and other market participants to streamline their business strategies & maximize their profitability. Our competitive analysis also includes key information to help new entrants identify market entry barriers and measure the level of competitiveness in the Footwear Sole Material market.

 


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