Footwear Sole Material Market Report : Trends, Forecast and Competitive Analysis 1

Industry Profiles Snapshot Major ParameterDescription Market Segments by Material Rubber, PVC, TPR, PU, EVA, vulcanized rubber, leather, and others Market Segments by Sole Component Midsole, insole, and outsole Market Segments by Product Athletic and non-athletic Market Segments by End User Men, women, and children Market Segments by Region North America, Europe, Asia Pacific and Rest of the World. Top Companies Name DowDupont, Huntsman, BASF, Solvay, Braskem, Ningbo Cerrion, International Trading Co. LTD, and Metropole. Trend Growth Rate and CAGR5.9% Key Industry Forecast The global footwear sole material market is expected to reach an estimated $21.0 billion by 2023 with a CAGR of 5.9% from 2018 to Key Industry DriverDriver: Rise in footwear production and growth in consumer spending. 2

Industry Overview Market Size The global footwear sole material market is expected to reach an estimated $21.0 billion by 2023 with a CAGR of 5.9% from 2018 to Emerging trends, which have a direct impact on the dynamics of the footwear sole material industry, include the development of fusion of plastic with other sole materials, and shifting of footwear manufacturers from China to South East Asia. Market Size (2023)$21.0 billion CAGR ( )5.9% 3 Industry Performance : Forecast