Dow, Kingseason and Huntsman International LLC are Dominating the Global Footwear Sole Material Market in 2021

Global Footwear Sole Material Market is expected to grow with the CAGR of 6.1% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.

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Global Footwear Sole Material market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favorable market scenario.

The major players dealing in global Footwear Sole Material market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance, In In February 2018, Dow introduced two soling systems named ENERLYTE and VORALAST H2. Both the products find applications in athleisure as well as protective footwear markets an offers extensive comfort and protection. The company intends to diversify its product portfolio and with polyurethane soling systems with these new products.

Sika AG is the dominating player in global Footwear Sole Material market. The other key players existing in the market includes Adhesives Technology Corporation (ATC), W. R. Meadows, Inc., ARDEX AMERICAS, Garon Products Inc., MC-Bauchemie, The Euclid Chemical Company (a subsidiary of RPM International Inc.), Remmers (UK) Limited, Aquafin, Chembond Chemicals Limited, TCC Materials, Ronacrete Ltd, Pidilite Industries Ltd., Master Builders Inc. (as a brand of MBCC Group), Fosroc, Inc., Flexcrete Technologies Ltd (a subsidiary of Akzo Nobel N.V.), Dayton Superior Corporation, MAPEI S.p.A., Saint-Gobain Weber (a subsidiary of Saint-Gobain) and Normet.      .

Footwear Sole Material MarketDow

Dow founded in 2018 and is headquartered in Michigan, U.S., which is in the manufacturing of  solutions for numerous industries.. The company offers Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure, Performance Materials & Coatings and the market focused Segment is Packaging and Specialty Plastics.

The company has wide global presence across Asia-Pacific, Europe, North America, South America, Middle East, and Africa . the Dow Quimica Argentina S.R.L. (Argentina), Dow Chemical Company (U.S.), Dow Thames Limited (U.K.), Performance Specialty Products Pakistan Pvt. Limited (Pakistan) and many others

For Instance,

  • In January 2012, Dow launched DEFLEXION, a silicone based footwear material. The material has the ability to provide comfort and cushioning in a thin and lightweight form. The company expects to diversify its product portfolio and improve its sales with this new product.

Kingseason

Kingseason founded in 2007 and is headquartered in Wenzhou, China. The company is engaged in the manufacturing of concert product to overcome the problems of returned concrete.. The company offers various products such as Shoe Accessories, Shoe machines, Shoe Mould, Shoes, Work Safety, and Sports and Shoe Accessories is market focused segment.

The company has wide global presence in South America, Asia-Pacific, Europe, Middle East and Africa

 For Instance,

  • In 2010, Kingseason attended the FIMEC fair, a trade fair hosted in Brazil. The company intends to enter the South American and to improve its global connections market with the participation in this trade fair.

Huntsman International LLC

Huntsman International LLC founded in 1970 and is headquartered in Utah, U.S The company engaged in manufacturing and marketing specialty and commodity chemicals, as well as produces polyurethanes, propylene oxides, surfactants, epoxy adhesives, aerospace composites, and electrical insulating materials. The company offers various products such as Polyurethanes, Performance products, Advanced Materials, Textile effects and Polyurethanes is market focused segment.

The company has wide global presence in North America, Europe, Asia-Pacific, Middle East and Africa, South America. In addition to it, the company also generates its revenue from the various subsidiary companies such as Huntsman International Private Ltd.(India); Rubicon, LLC.(U.S.); Huntsman Quimica Brasil Ltda (Brazil) among others,

For Instance,

  • In February 2020 , the company completed our acquisition of Icynene-Lapolla, a leading North American manufacturer and distributor of spray polyurethane foam insulation systems for residential and commercial applications. The acquired business was integrated into our polyurethanes segment. This acquisition has helped to boost company’s market sales.