Footwear Sole Materials Market
By Material Type;
Rubber, Polyurethane, Thermoplastic Rubber, Ethylene Vinyl Acetate, Leather and OthersBy Sole Component;
Midsole, Insole and OutsoleBy Distribution Channel;
Online Stores, Supermarkets/Hypermarkets, Specialty Stores and OthersBy Application;
Athletic Shoes, Casual Shoes, Work & Safety Shoes and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Footwear Sole Material Market Overview
Footwear Sole Material Market (USD Million)
Footwear Sole Material Market was valued at USD 3,034.84 million in the year 2024. The size of this market is expected to increase to USD 4,102.42 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.4%.
Footwear Sole Materials Market
*Market size in USD million
CAGR 4.4 %
Study Period | 2025 - 2031 |
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Base Year | 2024 |
CAGR (%) | 4.4 % |
Market Size (2024) | USD 3,034.84 Million |
Market Size (2031) | USD 4,102.42 Million |
Market Concentration | High |
Report Pages | 384 |
Major Players
- Nike, Inc
- Adidas AG
- Puma SE
- Under Armour, Inc
- New Balance Athletic Shoes, Inc
- ASICS Corporation
- Converse Inc
- VF Corporation
- Wolverine World Wide, Inc
- Deckers Outdoor Corporation
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Footwear Sole Materials Market
Fragmented - Highly competitive market without dominant players
The Footwear Sole Materials Market is undergoing a significant transformation driven by demand for comfort, performance, and eco-friendly solutions. Consumer interest in lightweight soles has increased by nearly 38%, pushing manufacturers to innovate with sustainable alternatives. This shift underscores the growing emphasis on high-quality footwear materials that enhance both function and style.
Key Drivers Enhancing Market Growth
The popularity of athleisure and lifestyle footwear continues to fuel growth, with nearly 45% of buyers prioritizing shock-absorbing soles and improved durability. The adoption of recycled and renewable components is becoming a central growth driver as companies respond to consumer expectations. This combination of performance and sustainability is setting new industry benchmarks.
Technological Advancements in Sole Design
Breakthroughs in EVA foam, rubber compounds, and polyurethane blends have revolutionized sole performance. Almost 50% of footwear launches now include advanced sole engineering, offering better energy return, flexibility, and wear resistance. These innovations are raising consumer standards while reinforcing the role of technology in shaping footwear design.
Impact of Sustainability on Market Adoption
Environmental responsibility plays a decisive role, with about 42% of consumers seeking shoes made with eco-friendly sole materials. Manufacturers are scaling up efforts in bio-based and recycled inputs to align with this demand. The rising focus on sustainability demonstrates how environmental values are influencing purchasing choices across footwear categories.
Footwear Sole Materials Market Key Takeaways
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Virus-proof soles emerge, with Portuguese universities launching the SM4S project in 2021 to create footwear materials designed to resist coronavirus and other pathogens.
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Partnerships drive innovation, as Hotter and BASF collaborated in 2022 to integrate Infinergy (E-TPU) with Cushion Plus technology for enhanced comfort and versatility.
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Comfort-focused designs grow, with over 40% of recent innovations aimed at improving cushioning, flexibility, and long-term wearability.
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Sustainable materials gain adoption, with increasing use of recyclable and eco-friendly components to meet consumer and regulatory expectations.
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Sports and casual footwear dominate, fueling demand for energy-returning and shock-absorbing sole technologies that enhance performance and daily use.
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Collaborative R&D expands, as academic and industrial partnerships develop advanced sole materials with improved durability and health benefits.
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Competitive landscape intensifies, with brands investing in advanced sole technologies to capture demand for sustainable and high-comfort footwear.
Footwear Sole Material Market Recent Developments
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In 2021, a consortium of Portuguese universities—Aveiro, Porto, and Minho—launched the Safety Materials for Shoe (SM4S) project. This initiative brought together academic expertise to create a virus-resistant shoe sole, designed to help combat coronavirus and other pathogens, contributing to safer footwear innovations during and beyond the pandemic.
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In September 2022, Hotter partnered with BASF to integrate Infinergy Expanded Thermoplastic Polyurethane (E-TPU) into its casual footwear line. By combining BASF’s advanced material with Hotter’s Cushion Plus technology, the collaboration enhanced comfort and durability, while supporting Hotter’s expansion into both formal and casual segments of the footwear market.
Footwear Sole Material Market Segment Analysis
In this report, the Footwear Sole Material Market has been segmented by Material, Sole Component, Distribution Channel, Application, End-User and Geography.
Footwear Sole Material Market, Segmentation by Material
The Footwear Sole Material Market has been segmented by Material into Rubber, Polyvinyl Chloride (PVC), Thermoplastic Rubber (TPR), Polyurethane (PU), Ethyl Vinyl Acetate (EVA), Vulcanized Rubber and Leather.
Rubber
Rubber dominates the footwear sole market, accounting for 35–40%, thanks to its durability, flexibility, and superior traction. It is ideal for athletic, casual, and outdoor shoes, making it the material of choice for high-performance footwear. Innovations in synthetic rubber continue to boost demand in sports and work footwear segments.
Polyvinyl Chloride (PVC)
PVC soles are cost-effective and water-resistant, holding 15–20% of the market. Widely used in children’s and casual shoes, PVC allows for lightweight, moldable designs. Its affordability and versatility make it a preferred option for mass-market footwear manufacturing.
Thermoplastic Rubber (TPR)
TPR combines rubber’s flexibility with plastic’s ease of manufacturing, covering 10–12% of the market. It offers slip resistance, durability, and shock absorption, making it ideal for school, casual, and sports shoes. Urban footwear markets favor TPR for its comfort and multipurpose functionality.
Polyurethane (PU)
PU soles make up 8–10% of the market due to their lightweight, cushioning, and abrasion-resistant properties. Found in athletic and premium casual footwear, PU enhances comfort and performance. Its customizable density and hardness allow versatile design applications across footwear types.
Ethyl Vinyl Acetate (EVA)
EVA accounts for 7–9% of the market and is prized for shock absorption, light weight, and flexibility. It is common in sports shoes, sandals, and casual sneakers, providing ergonomic support. The growth of fitness and running shoes is driving higher EVA adoption.
Vulcanized Rubber
Vulcanized rubber soles represent 5–6% of the market, offering resilience, elasticity, and heat resistance. Common in high-performance sneakers, skate shoes, and formal footwear, these soles ensure longevity and superior traction. The vulcanization process significantly enhances strength and durability.
Leather
Leather soles hold 3–5% of the market, reflecting premium quality, comfort, and classic style. They are widely used in luxury, formal, and dress footwear. Consumers continue to favor leather for its breathability, elegance, and long-lasting wear despite the higher cost.
Footwear Sole Material Market, Segmentation by Sole Component
The Footwear Sole Material Market has been segmented by Sole Component into Midsole, Insole and Outsole.
Midsole
The midsole is a key component in footwear design, responsible for providing cushioning, shock absorption, and overall stability. Making up nearly 40–45% of the market, midsoles are often constructed using EVA, PU, or TPR, which enhance comfort and reduce fatigue during prolonged wear. This segment is particularly significant in running shoes, sports footwear, and high-performance sneakers, where optimal ergonomics and support are essential.
Insole
Insoles are vital for ensuring comfort, moisture management, and arch support, accounting for about 25–30% of the global market. They are manufactured from foam, gel, or leather to deliver targeted support and cushioning. Rising awareness of foot health, orthopedic benefits, and personalized comfort is boosting the adoption of premium insoles in athletic, casual, and orthopedic footwear.
Outsole
The outsole is the footwear’s primary contact point with the ground, providing traction, durability, and resistance to wear. Representing roughly 30–35% of the market, outsoles are commonly made from rubber, PVC, or TPR to suit different terrains and activities. This segment is crucial for work boots, sports shoes, and everyday footwear, where performance, safety, and longevity are top priorities.
Footwear Sole Material Market, Segmentation by Distribution Channel
The Footwear Sole Material Market has been segmented by Distribution Channel into Online Stores, Supermarkets/Hypermarkets, Specialty Stores, and Others.
Online Stores
Online stores hold 30–35% of the footwear sole market, fueled by convenience, extensive product variety, and competitive pricing. E-commerce platforms allow access to multiple brands, customer reviews, and hassle-free returns, enhancing online shopping appeal. The rise of mobile commerce and digital payments continues to drive the growth of online footwear sales.
Supermarkets/Hypermarkets
Supermarkets and hypermarkets contribute 20–25% of the market by offering easy accessibility, bulk shopping, and affordable options. Ideal for budget-friendly and mass-market footwear, these outlets provide a one-stop shopping experience. Families and price-conscious buyers prefer this channel for ready-to-wear and everyday shoes.
Specialty Stores
Specialty stores account for 25–30% of the market, focusing on brand-specific, high-quality, and niche footwear. They provide personalized services, expert advice, and premium assortments, making them the preferred choice for consumers seeking performance-driven or luxury footwear.
Others
The others segment, including local retailers, small shops, and pop-up stores, represents 10–15% of the market. This channel caters to regional demand, traditional, and handcrafted footwear, enabling brands to reach unique consumer segments and localized markets.
Footwear Sole Material Market, Segmentation by Application
The Footwear Sole Material Market has been segmented by Application into Athletic Shoes, Casual Shoes, Work & Safety Shoes, and Others.
Athletic Shoes
Athletic shoes lead the footwear sole market with 35–40%, demanding high-performance soles with superior shock absorption, cushioning, and flexibility. This segment benefits from the global rise in fitness activities, sports participation, and running culture, driving continuous innovation in advanced sole materials.
Casual Shoes
Casual shoes represent 25–30% of the market, focusing on everyday comfort, style, and durability. Popular materials include EVA, rubber, and PU, which provide lightweight, flexible, and long-lasting soles. Consumer demand for fashionable yet comfortable casual footwear continues to propel this segment.
Work & Safety Shoes
Work and safety shoes cover 20–25% of the market, emphasizing durability, slip resistance, and impact protection. Soles are typically made from rubber, PU, or TPR to endure demanding work conditions. Rising safety regulations and occupational awareness are driving higher adoption of engineered safety footwear.
Others
The others category, accounting for 10–15% of the market, includes formal shoes, sandals, and specialty footwear. These applications prioritize comfort, style, and specific functional needs, often utilizing leather and rubber soles. Market growth in this segment is influenced by regional fashion trends and consumer preferences.
Footwear Sole Material Market, Segmentation by End-User
The Footwear Sole Material Market has been segmented by End-User into Men, Women, and Children.
Men
Men dominate the footwear sole market with a 40–45% share, emphasizing durable, comfortable, and versatile soles for athletic, casual, and formal shoes. The increasing focus on fashion, fitness, and outdoor activities is accelerating demand for advanced and high-performance sole materials.
Women
Women account for 35–40% of the market, driven by style, comfort, and premium design preferences. Materials such as EVA, PU, and rubber are widely used to provide lightweight, flexible, and aesthetically appealing soles. The surge in fashion-conscious and lifestyle footwear contributes to significant growth in this segment.
Children
Children represent 15–20% of the market, where safety, comfort, and durability are top priorities. Soles are often made from TPR, EVA, and rubber, ensuring shock absorption and flexibility for active movement. Expansion in the school-going population and youth sports activities is driving increased demand.
Footwear Sole Material Market, Segmentation by Geography
In this report, the Footwear Sole Material Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
Footwear Sole Material Market Share (%), by Geographical Region
North America
North America holds 25–30% of the footwear sole material market, driven by high consumer spending, advanced retail infrastructure, and technological innovation. Consumers prefer premium athletic, casual, and safety footwear with soles made from PU, EVA, and rubber. The surge in e-commerce and brand-specific shopping is further boosting market growth.
Europe
Europe accounts for 20–25% of the market, shaped by fashion-conscious buyers and stringent quality standards. There is strong demand for durable, comfortable, and stylish soles across athletic, casual, and luxury shoes. The trend toward sustainable and eco-friendly materials is gaining momentum, driving growth in the region.
Asia Pacific
Asia Pacific is the largest regional market with 35–40% share, fueled by urbanization, increasing disposable income, and growing sports culture. Key countries such as China, India, and Japan lead in athletic and casual footwear consumption, with widespread adoption of TPR, EVA, and rubber soles. Rapid modernization of retail channels supports the region’s expansion.
Middle East and Africa
Middle East and Africa represent 5–7% of the market, where luxury, performance, and safety footwear drive demand. Common sole materials include rubber and PU. Market growth is supported by urban development and rising disposable income in key cities.
Latin America
Latin America contributes 5–8% of the market, with Brazil and Mexico as major players. Consumers prefer affordable, durable footwear for everyday and occupational use. Expanding retail networks and rising consumer awareness are key factors driving the market.
Footwear Sole Materials Market Forces
This report provides an in depth analysis of various factors that impact the dynamics of Footwear Sole Material Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
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Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers
- Rising sports participation
- Growth in fashion industry
- Advancements in technology
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Increasing disposable income: The footwear sole material market has experienced significant growth over the past few years, driven by the increasing disposable income of consumers worldwide. This rise in disposable income has led to higher spending on premium and branded footwear, which in turn has boosted the demand for high-quality sole materials. Consumers are now more willing to invest in durable and comfortable footwear, driving innovation and development in sole materials that offer enhanced performance and comfort. This trend is particularly noticeable in emerging economies, where a growing middle class is fueling the demand for better-quality footwear.
One of the primary drivers of the footwear sole material market is the rising disposable income, especially in developing regions such as Asia-Pacific and Latin America. As more people attain higher income levels, their purchasing power increases, leading to a greater emphasis on lifestyle and fashion. This has resulted in a surge in demand for various types of footwear, including sports, casual, and formal shoes, each requiring specific sole materials to meet consumer expectations. Moreover, the growing popularity of outdoor and fitness activities has spurred the demand for specialized footwear with advanced sole technologies that offer superior traction, cushioning, and durability.
The increasing disposable income presents numerous opportunities for manufacturers in the footwear sole material market. Companies are investing heavily in research and development to create innovative sole materials that cater to the evolving needs of consumers. Sustainable and eco-friendly materials are gaining traction as environmental concerns become more prominent among consumers. Additionally, technological advancements, such as 3D printing and the use of advanced polymers, are enabling the production of lightweight, flexible, and high-performance soles. These innovations not only enhance the functionality and aesthetics of footwear but also allow brands to differentiate themselves in a competitive market. As consumer preferences continue to evolve, the footwear sole material market is poised for sustained growth and diversification.
Restraints
- High raw material costs
- Environmental regulations
- Market saturation
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Intense competition: The footwear sole material market is characterized by intense competition, driven by the presence of numerous established players and the continuous entry of new competitors. Major companies such as BASF SE, Dow Chemical Company, and Huntsman Corporation dominate the market with their extensive product portfolios and significant investments in research and development. These industry leaders constantly innovate to improve the performance, durability, and sustainability of their sole materials, striving to meet the ever-evolving consumer demands and regulatory standards. Additionally, the expansion strategies of these key players, including mergers, acquisitions, and collaborations, further intensify the competitive landscape, making it challenging for smaller and emerging companies to gain a foothold.
The market's competitive intensity is amplified by the growing emphasis on sustainability and eco-friendly materials. Companies are under pressure to develop sustainable alternatives to traditional sole materials like rubber and polyurethane, which are associated with environmental concerns. Innovations such as biodegradable soles, recycled materials, and plant-based polymers are gaining traction, pushing competitors to invest in green technologies and environmentally friendly production processes. This trend is not only driven by consumer preferences but also by stringent government regulations aimed at reducing carbon footprints and promoting sustainable practices. As a result, firms that fail to adapt to these changes risk losing market share to more environmentally conscious competitors.
The competitive environment is shaped by regional market dynamics, with different regions exhibiting varying levels of competition and market saturation. In North America and Europe, the market is relatively mature, with high levels of competition and established consumer bases. In contrast, emerging markets in Asia-Pacific and Latin America present significant growth opportunities but also attract a plethora of new entrants, leading to fierce competition. Companies operating in these regions need to balance between cost-efficiency and innovation to capture market share. Additionally, the rise of e-commerce platforms has democratized market access, allowing smaller companies to compete with larger firms on a more level playing field. However, the need for substantial marketing efforts and brand recognition remains crucial for success in this highly competitive market.
Opportunities
- Emerging markets demand
- Eco-friendly materials trend
- Customization and personalization
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E-commerce expansion: The footwear sole material market has been experiencing substantial growth, driven by the rising demand for diverse and innovative footwear options. This growth is largely attributed to advancements in materials technology, which have led to the development of high-performance soles that enhance comfort, durability, and functionality. Consumers are increasingly seeking footwear that offers superior performance and style, pushing manufacturers to invest in research and development to produce soles made from advanced materials such as EVA (ethylene-vinyl acetate), polyurethane, and natural rubber. These materials not only provide better support and cushioning but also contribute to the overall aesthetics of the footwear.
E-commerce expansion has significantly influenced the footwear sole material market. Online retail platforms have transformed how consumers shop for footwear, providing them with access to a broader range of options and the convenience of shopping from home. This shift has encouraged manufacturers and retailers to enhance their digital presence and adopt direct-to-consumer models. E-commerce platforms offer detailed product information, customer reviews, and easy comparison tools, which empower consumers to make informed purchasing decisions. As a result, there has been a surge in online sales of footwear, further driving demand for innovative sole materials that meet the evolving preferences of the modern consumer.
The rise of e-commerce has facilitated greater market reach for manufacturers of footwear sole materials. Companies can now tap into markets more efficiently, reaching consumers in regions that were previously underserved. This expanded reach enables manufacturers to diversify their product offerings and respond quickly to emerging trends and consumer demands. As the e-commerce landscape continues to evolve, the synergy between online retail growth and advancements in footwear sole materials is expected to drive further innovation and competition in the market.
Footwear Sole Materials Market Competitive Landscape Analysis
Footwear Sole Materials Market is witnessing increasing competition as manufacturers adopt advanced strategies such as collaboration, merger, and partnerships to strengthen their positions. More than 40% of the market share is held by established companies, while emerging brands are driving innovation through sustainable designs and performance-driven solutions that cater to evolving consumer preferences.
Market Structure and Concentration
The market shows a mix of established players and niche entrants, with nearly 55% concentration among the top brands. This level of consolidation has created competitive pressure that drives growth through vertical integration, streamlined supply chains, and strategies focused on cost optimization and material durability.
Brand and Channel Strategies
Leading companies invest heavily in brand positioning, with around 48% of sales driven by diversified channels including direct-to-consumer platforms. Retail partnerships and digital expansion are shaping how businesses capture market share, while collaboration with designers and footwear brands ensures alignment with performance and fashion trends.
Innovation Drivers and Technological Advancements
Technological advancements in material engineering account for nearly 60% of the market’s differentiation. Innovations such as lightweight composites, recyclable inputs, and enhanced grip technologies are redefining competitive benchmarks. Companies leverage innovation not only for durability but also for environmental compliance and long-term growth strategies.
Regional Momentum and Expansion
Regional markets represent about 45% of total consumption, with expansion strategies focused on high-demand zones. Competitive positioning is reinforced by localized partnerships and tailored distribution frameworks. This regional momentum drives merger and collaboration activities, ensuring companies remain competitive in diverse and evolving markets.
Future Outlook
The sector is expected to maintain robust growth, with more than 50% of players emphasizing sustainable innovation as their core strategy. Ongoing technological advancements and cross-industry partnerships will shape the competitive edge, while continued expansion across digital and retail ecosystems will secure long-term leadership and evolving market relevance.
Key players in Footwear Sole Material Market include:
- BASF (BASF SE)
- Dow (Dow Inc.)
- LG Chem (LG Chem Ltd.)
- Covestro (Covestro AG)
- Huntsman (Huntsman International, LLC)
- Wanhua (Wanhua)
- Coim Group
- Era Polymers Pty Ltd
- Huafeng Group
- INOAC Corporation
- LANXESS
- The Lubrizol Corporation
- OrthoLite
- Rogers Corporation
- Nike, Inc.
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Market Share Analysis
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Material
- Market Snapshot, By Sole Component
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Application
- Market Snapshot, By Region
- Footwear Sole Materials Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Rising sports participation
- Growth in fashion industry
- Advancements in technology
- Increasing disposable income
- Restraints
- High raw material costs
- Environmental regulations
- Market saturation
- Intense competition
- Opportunities
- Emerging markets demand
- Eco-friendly materials trend
- Customization and personalization
- E-commerce expansion
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Footwear Sole Materials Market, By Material, 2021 - 2031 (USD Million)
- Rubber
- Polyurethane
- Thermoplastic Rubber
- Ethylene Vinyl Acetate
- Leather
- Others
- Footwear Sole Materials Market, By Sole Component, 2021 - 2031 (USD Million)
- Midsole
- Insole
- Outsole
- Footwear Sole Materials Market, By Distribution Channel, 2021 - 2031 (USD Million)
- Online Stores
- Supermarkets/Hypermarkets
- Specialty Stores
- Others
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Footwear Sole Materials Market, By Application, 2021 - 2031 (USD Million)
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Athletic Shoes
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Casual Shoes
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Work & Safety Shoes
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Others
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- Footwear Sole Materials Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Footwear Sole Materials Market, By Material, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- BASF (BASF SE)
- Dow (Dow Inc.)
- LG Chem (LG Chem Ltd.)
- Covestro (Covestro AG)
- Huntsman (Huntsman International, LLC)
- Wanhua (Wanhua)
- Coim Group
- Era Polymers Pty Ltd
- Huafeng Group
- INOAC Corporation
- LANXESS
- The Lubrizol Corporation
- OrthoLite
- Rogers Corporation
- Nike, Inc.
- Company Profiles
- Analyst Views
- Future Outlook of the Market