Footwear Adhesives Market is expected to reach US$ 700.7 Mn. by 2029, at a CAGR of 6.38% during the forecast period.
Footwear Adhesives Market Overview
The Footwear Adhesives Market research report provides an in-depth analysis of strategies, micro and macro market trends, pricing analysis, short-term market conditions, and a comprehensive assessment of the key players. The report also explores the upcoming trends that are projected to shape the evolution of the Footwear Adhesives market.
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Footwear Adhesives Market Report Scope and Research Methodology
The report provides a comprehensive analysis of the global Footwear Adhesives market, including its growth trajectories, competitive landscape assessment, and developmental status across different regions. The Footwear Adhesives market report covers a range of key players, such as import and export consumption, supply and demand dynamics, cost structures, pricing trends, revenue streams, and gross margins.
The research methodology involved a thorough exploration of multiple factors influencing the Footwear Adhesives sector, including government policies, competitive landscape, historical data, prevailing market trends, technological advancements, emerging innovations, and progress within related industries. SWOT analysis was used to identify the strengths and weaknesses of key players in the Footwear Adhesives sector.
Footwear Adhesives Market Regional Insights
The Footwear Adhesives market study includes company profiles from different regions, as well as information on their business strategies and statistics. The analysis of the Footwear Adhesives market dynamics and size has been provided at the local, regional, and global levels.
Footwear Adhesives Market Segmentation
The segment is further classified by type, including hot melt footwear adhesives, radiation cured (UV/EB) footwear adhesives, solvent-based footwear adhesives, and water-based footwear adhesives. In the type segment of the footwear adhesives market, water-based adhesives are leading the way. Water, polymers, and additives are combined to create water-based adhesives. Both porous and non-porous substrates are perfect for them. These adhesives can be mixed into a solution, and when the water evaporates or is absorbed by the substrate, the adhesive becomes active. Water-based contain an organic binder that is finely dispersed in water, usually PVAc. The adhesive that holds the two surfaces together will be left behind after the water evaporates or is absorbed by the substrate. Shoes with adhesives based on solvents make up the second largest subsegment.
Sandals, dress shoes, athletic shoes, and other items by application. The application of footwear adhesives is dominated by the sub-type segment of sports shoes. With a projected growth rate of 4.3%, the size of the global sports footwear market, which was anticipated to be worth USD 102.79 billion in 2019, is expected to reach USD 77.43. The market for sports shoes is experiencing growth in both supply and demand due to rising health consciousness as a result of chronic disease. Further driving the sports shoe market is an increase in physical activity. Additionally, the industry is being driven by consumer desires for footwear customisation as well as the need for lighter shoes with improved performance.
1 Global Footwear Adhesives Market, by Type (2022-2029)
• Hot melt adhesives
• Solvent-based adhesives
• Water borne adhesives
• Natural rubber adhesives
2 Global Footwear Adhesives Market, by Component (2022-2029)
• Natural Rubber Latex
• Rubber Cement Dissolution
• Polychloroprene
3 Global Footwear Adhesives Market, by Resin (2022-2029)
• Neoprene
• Styrene Butadiene Copolymer
• Acrylic Copolymer
• Other
4 Global Footwear Adhesives Market, by Application (2022-2029)
• Sports Shoes
• Dress Shoes
• Sandals
• Others
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Footwear Adhesives Key Competitors
• H.B. Fuller
• Jubilant Industries Ltd.
• Henkel (China) Investment Co. Ltd.
• Chadha Corporation Pvt. Ltd.
• Eastman Chemical Company
• Chemical Technology Pty Ltd.
• Great Eastern Resins Industrial Co. Ltd.
• Bostik Ltd.
• Artecola Química
• KECK Chimie
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Key questions answered in the Automotive Relay Market are:
- What are the global and regional trends in the Footwear Adhesives Market?
- Which Footwear Adhesives market segment is expected to grow rapidly during the forecast period?
- Which factors are expected to drive the Footwear Adhesives market during the forecast period?
- What are the major challenges that the Footwear Adhesives Market could face in the future?
- How is the intervention from regulatory authority is shaping the Footwear Adhesives Market?
- Who are the key players in the Footwear Adhesives industry?
- What growth strategies are the players considering to increase their presence in Footwear Adhesives Market?
- Which region held the largest Footwear Adhesives market share?
Key Offerings:
- A detailed Market Overview
- Market Share, Size & Forecast by Revenue | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by segments and sub-segments
- Regional Insights
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
- Industry Recommendations
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