Footwear Adhesives Market Overview
Maximize Market Research’s new report on the Global Footwear Adhesives Market 2023-2029 is a valuable resource for understanding the market’s competitors and gaining key business insights. The report provides a comprehensive overview of the market, including its value chain structure, geographical analysis, applications, market size, and forecast (2023-2029). This information can be used to make more informed decisions about the current and future state of the global Footwear Adhesives market.
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Footwear Adhesives Market Scope
The report focuses on the key factors that are driving and restraining the growth of the Footwear Adhesives market, as well as the competitive landscape and future prospects. It provides insights into the current and future market trends, demand chain, supply chain, and sales, as well as recent changes in the market.
The report also includes company profiles of the key players in the Footwear Adhesives market, including their overview, financial performance, product portfolio, and strategies. It also uses SWOT and PESTLE analysis to provide a comprehensive view of the market.
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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Footwear Adhesives Market Regional Analysis
The global Footwear Adhesives Market’s growth trend is examined in depth throughout the report. It divides the major 5 regions, such as North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa, which have global dominance in the Footwear Adhesives market.
Key Questions answered in the Footwear Adhesives Market Report are:
- What are the Footwear Adhesives market segments?
- What are the global trends in the Footwear Adhesives Market?
- What are the major challenges that the Footwear Adhesives Market could face in the future?
- How is the intervention from regulatory authority shaping the Footwear Adhesives Market?
- Who are the Footwear Adhesives key players in the 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 in 2022?
- Which regional Footwear Adhesives market is expected to grow rapidly during the forecast period?
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 of segments and sub-segments
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
- Recommendations
- Key Findings
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