Footwear Adhesives Market Report is expected to reach US$ 700.7 Mn. by 2029, at a CAGR of 6.38% during the forecast period.
Footwear Adhesives Market Report Overview
The Global Footwear Adhesives Market 2021 report by Maximize Market Research is a comprehensive analysis of the market, including its regional insights, changing trends, industry environment, and key players. The report is based on both primary and secondary research, and the results are presented in a logical and easy-to-understand format.
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Footwear Adhesives Market Scope
MMR's research provides a comprehensive overview of the Footwear Adhesives market, identifying the leading global companies based on factors such as volume, value, market share, strategies, and industry growth. The research also offers strategies for existing and new market entrants, and is expected to help businesses improve their market position. The report includes market revenue by region and country, as well as segmentation by type and end users.
Footwear Adhesives Market Segmentation
The segment is broken down into four categories based on type: hot melts, water-based, radiation-cured (UV/EB), and solvent-based footwear adhesives. The footwear adhesives market's type segment is dominated by water-based footwear adhesives. Water, polymers, and additives are combined to create water-based adhesives. Both porous and non-porous substrates work well with them. These adhesives can be created as a solution, and they become active when the water evaporates or the substrate absorbs it. A finely dispersed organic binder, most frequently PVAc, is present in water-based products. The adhesive will be left behind once this water evaporates or is absorbed by the substrate, holding the two surfaces together. Solvent-based footwear adhesives make up the second-largest sub-segment.
Sports shoes, dress shoes, sandals, and others, according to use. Sports shoes are the most prevalent sub-type in the footwear adhesives application area. The size of the global market for sports footwear was evaluated at USD 102.79 billion in 2019 and is expected to grow at a CAGR of 4.3% to USD 77.43 during the forecast period. The supply and demand of the sports shoe market are being driven up by growing chronic disease, rising sports activity engagement in metropolitan areas, and increased health consciousness. The market for sports shoes is also being driven by the increase in physical activity. The industry is also being fueled by personalization of footwear based on consumer preferences, as well as the demand for lighter shoes and 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 Market Key Players
• 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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Regional Analysis
The report is focused on the five most important regions for the Footwear Adhesives market: North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. These regions are responsible for the majority of the world's Footwear Adhesives consumption.
Key Questions answered in the Footwear Adhesives Market Report are:
- What is Footwear Adhesives?
- What is the forecast period of the Footwear Adhesives Market?
- What is the competitive scenario of the Footwear Adhesives market?
- Which region held the largest market share in the Footwear Adhesives Market?
- What are the opportunities for the Footwear Adhesives Market?
- What are the restraining factors in the Footwear Adhesives market?
- Who are the key players of the Footwear Adhesives market?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Footwear Adhesives#
- Landscape- Leading key players and other prominent key players.
- Price Trends
- Key Opinion Leaders Offerings
- Government Initiatives
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