[125 Pages Report] The PU sole (footwear polyurethane) Market size was USD 4.29 billion in 2017 and is projected to reach USD 5.79 billion by 2023, at a CAGR of 4.9%. The base year considered for this study is 2017, and the forecast period is 2018– 2023.

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The slippers & sandals segment is estimated to be the largest footwear in the overall PU Sole (Footwear Polyurethane) Market. The large market size for this segment is attributed to consumer preference towards slippers & sandals in the developing economies.

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.

Key companies dominated 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).

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Environmental concerns and impact on human health associated with the manufacturing of polyurethane is a major restraint for the PU sole (footwear polyurethane) market. MDI and TDI are the major raw materials of PU sole (footwear polyurethane)s, which are highly toxic. These two raw materials have high vapor pressure. The vapor pressure of TDI is higher than MDI, and at the typical room temperature (70°F), the concentration of vapor in the air can exceed the OSHA permissible exposure limit (PEL) of 20 ppb. Overexposure to these vapors emitted during the production of PU sole (footwear polyurethane) is hazardous to humans as it could cause skin, eye, nose, throat, and lung irritation.

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