PU Sole Footwear Polyurethane Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to pu sole footwear polyurethane market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

PU Sole Footwear Polyurethane Market News

in PU Sole Footwear Polyurethane Market
  • In May 2025, Covestro, a leading German provider of polyurethane raw materials announced the launch of an advanced Thermoplastic Polyurethane (TPU) series called Desmopan FLY. The new material is specifically engineered for supercritical fluid (SCF) foaming technology used in creation of lightweight, performance, and sustainable footwear design.
  • In April 2025, Rymbal, a leading polyurethane system manufacturer part of the Space World Group launched a new 100% recyclabe polyurethane material at the PU Tech 2025 event. FluidX is designed to promote circularity in the footwear industry and offers a density of 260-280 kg/m3.
  • In August 2024, Huntsman, a renowned chemical industry corporation announced the launch of a new range of high-performing thermoplastic polyurethane (TPU) materials for the footwear industry. The new AVALON® GECKO TPU portfolio is designed to deliver exceptional grip and durability for footwear brands.
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Global PU Sole Footwear Polyurethane Market size was valued at USD 5.02 Billion in 2023 and is poised to grow from USD 5.4 Billion in 2024 to USD 9.28 Billion by 2032, growing at a CAGR of 7% during the forecast period (2025-2032).

PU sole footwear polyurethane providers should focus on creating new products that help them stay competitive. Use of sustainable polyurethane and integration of sustainable manufacturing practices are slated to be highly essential for all companies as per this global PU sole footwear polyurethane market analysis. 'Covestro AG', 'Huntsman International LLC', 'Unisol India', 'BASF SE', 'Asahi Kasei Corporation', 'The Lubrizol Corporation', 'Airysole Footwear Pvt Ltd.', 'INOAC CORPORATION', 'Trelleborg AB.', 'Coim Group', 'CELLULAR MOULDINGS', 'Rogers Corporation', 'MarvelVinyls', 'Dow', 'Wanhua'

Innovations such as low-density foams, dual-density soles, and PU systems with enhanced durability, flexibility, and recyclability are gaining popularity. These made possible extensive R&D investments and advancements in polyurethane chemistry. These advancements improve comfort, reduce material usage, and enhance performance, allowing manufacturers to tailor soles to specific needs ranging from high-end athletic shoes to budget-friendly casual wear.

Shift Toward Sustainable and Bio-Based Polyurethane: The rise of sustainability awareness among consumers around the world driving up the demand for bio-based polyurethane materials. Bio-based PU maintains the mechanical benefits of traditional PU such as durability, flexibility, and lightweight properties whilst offering a lower carbon footprint. This PU sole footwear polyurethane industry trend is also supported by growing investment in circular economy models, including recyclable PU formulations and environmentally responsible manufacturing.

Why Asia Pacific Leads the Global Demand for PU Sole Footwear Polyurethane?

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Global PU Sole Footwear Polyurethane Market
PU Sole Footwear Polyurethane Market

Report ID: SQMIG25L2025

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