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Footwear Sole Material Market is expected to reach $21.1 Billion by 2027 – An exclusive market research report by Lucintel

Footwear Sole Material Market is expected to reach $21.1 Billion by 2027 - An exclusive market research report by LucintelTrends and Forecast for the Global Footwear Sole Material MarketTrends, opportunities, and forecast in footwear sole material market to 2027 by material (rubber, PVC, TPR, PU, EVA, vulcanized rubber, leather, and others), by sole component (midsole, insole, and outsole), by product (athletic and non-athletic), by end user (men, women, and children) and by region (North America, Europe, Asia Pacific, and Rest of the World)

Lucintel's latest market report analyzed that footwear sole material provides attractive opportunities in athletic and non-athletic shoes. The footwear sole material market is expected to reach $21.1 billion by 2027 with a CAGR of 4.5%. In this market, women footwear is the largest segment by end user, whereas PVC is largest by material. The development of fusion of plastic with other sole materials, and shifting of footwear manufacturers from China to South East Asia provides strategic growth path in this market.

Download Brochure of this report by clicking on https://www.lucintel.com/footwear-sole-material-market.aspx Based on end user, the footwear sole material market is segmented into rubber, PVC, TPR, PU, EVA, vulcanized rubber, leather, and others. The women footwear segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to increase in consumer purchasing power and growing demand for casual and fashionable footwear.

Browse in-depth TOC on “Footwear Sole Material Market”

168 – Tables

179 – Figures

255 – Pages

The Footwear Sole Material Market is marked by the presence of several big and small players. Some of the prominent players offering footwear sole material include Dow Chemicals, Solvay S.A, BASF Corporation, Huntsman Corporation, Braskem S.A.

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https://www.lucintel.com/footwear-sole-material-market.aspx

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

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