Chemicals and Materials PU sole (footwear polyurethane) Market New | Page 2

"Methylene diphenyl diisocyanate (MDI), the leading raw material for PU sole (footwear polyurethane)." Methylene diphenyl diisocyanate (MDI) is a raw material for PU sole (footwear polyurethane). MDI is the most widely-used aromatic diisocyanate in footwear polyurethane, which primarily exists in three isomers, namely 2,2'- MDI, 2,4'-MDI, and 4,4'- MDI. 4,4'-MDI isomer is used in shoe sole formulation. In order to make polyurethane for footwear, MDI is reacted with polyols in the presence of other additives. MDI-based polyurethanes have applications in compact outsoles and unit soles. The properties of methylene diphenyl diisocyanate (MDI) such as high degree of stiffness and resilience is expected to drive the market for this segment. "Increasing footwear production and sales - the major driver of the PU Sole (Footwear Polyurethane) Market." The APAC is estimated to be the largest and the fastest-growing market for PU sole (footwear polyurethane). The high growth rate of the market in the region is due to the increased production of footwear in countries such as China, India, Indonesia, and Vietnam. China is estimated to be the largest market for footwear polyurethane in the APAC region. Indonesia is estimated to be the fastest-growing market in the region as well as globally. The regional demand is expected to increase during the forecast period, owing to growing population and consumer spending. China is the leading manufacturer and consumer of footwear in APAC. The high demand for sports and casual footwear is expected to drive the demand for PU sole (footwear polyurethane) in the region. For more information, download PDF brochure at, https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=141590067 The key companies profiled in the PU sole (footwear polyurethane) market research report are BASF SE (Germany), Covestro (Germany), DowDuPont (US), Huntsman (US), Wanhua Chemical Group (China), and Coim Group (Italy). About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.