Water-based Shoes Adhesive market

China Water-based Shoes Adhesive Market Global Outlook and Forecast 2024-2030

  • 16 October 2024
  • Chemicals and Materials
  • 205 Pages
  • Report code : PMR-8013086

  • 4.7 (158)

Water-based Shoes Adhesive Market

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The China Water-based Shoes Adhesive market size was valued at US$ 412.7 million in 2024 and is projected to reach US$ 578.5 million by 2030, at a CAGR of 5.8% during the forecast period 2024-2030.

Water-based Shoes Adhesives are environmentally friendly bonding agents specifically formulated for footwear assembly, offering strong adhesion, flexibility, and low VOC emissions compared to solvent-based alternatives.

China's Water-based Shoes Adhesive market is experiencing steady growth, driven by the country's dominant position in global footwear manufacturing and increasing environmental regulations. In 2023, China produced 280,000 metric tons of water-based shoes adhesives, with 85% consumed domestically and 15% exported. The athletic footwear sector remains the largest consumer, accounting for 50% of demand, followed by casual footwear at 30% and formal shoes at 20%. The market benefited from China's push towards greener manufacturing, which led to a 20% increase in adoption of water-based adhesives by major shoe manufacturers in 2023. Technological advancements have improved bonding strength and drying times, with new formulations achieving 25% faster curing compared to 2020 versions while maintaining flexibility. The market is seeing strong growth in bio-based water adhesives, increasing at 10% annually, driven by the demand for sustainable footwear. In 2023, new occupational safety regulations led to a 35% increase in replacement of solvent-based adhesives with water-based alternatives in shoe factories. The industry faces challenges from performance limitations in certain high-stress applications, but ongoing R&D is narrowing the gap with solvent-based products. Emerging applications in 3D-printed footwear are showing promise, with specialized water-based adhesives for bonding printed components growing at 18% CAGR, albeit from a small base of 2% market share. Looking ahead, the market is expected to benefit from the growing trend of customized footwear, with quick-bonding water-based adhesives for on-demand production projected to grow at 15% CAGR through 2030. The development of smart adhesives with temperature-responsive properties is also gaining traction, with R&D investments in this area increasing by 40% in 2023.

Water-based Shoes Adhesive Market contains market size and forecasts of Water-based Shoes Adhesive in China, including the following market information:

•    China Water-based Shoes Adhesive Market Revenue, 2019-2024, 2024-2030, ($ millions)

•    China Water-based Shoes Adhesive Market Sales, 2019-2024, 2024-2030,

•    China Top five Water-based Shoes Adhesive companies in 2023 (%)

Report Includes

Water-based Shoes Adhesive Market presents an overview of China market for Water-based Shoes Adhesive , sales, revenue and price. Analyses of the China market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

Water-based Shoes Adhesive Market focuses on the Water-based Shoes Adhesive sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the China Water-based Shoes Adhesive market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.

Water-based Shoes Adhesive Market will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

Water-based Shoes Adhesive Market analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.

Segment by Type

•    Polyurethane

•    Acrylic

•    Other

Segment by Applications

•    Sports Shoes

•    Leather Shoes

•    Other

Key Companies covered in Water-based Shoes Adhesive Market :

•    Wacker Chemie AG

•    Henkel AG & Co. KGaA

•    H.B. Fuller

•    3M Company

•    Sika AG

•    Dow Inc.

•    Pidilite Industries Limited

•    Bostik SA

•    Huntsman Corporation

•    Jowat SE

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:

•    Key companies Water-based Shoes Adhesive revenues in Chinan market, 2019-2024 (Estimated), ($ millions)

•    Key companies Water-based Shoes Adhesive revenues share in Chinan market, 2023 (%)

•    Key companies Water-based Shoes Adhesive sales in Chinan market, 2019-2024 (Estimated),

•    Key companies Water-based Shoes Adhesive sales share in Chinan market, 2023 (%)

Key Indicators Analysed

•    Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

•    Chinan Market Analysis: The report includes Chinan market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

•    Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

•    Opportunities and Drivers: Identifying the Growing Demands and New Technology

•    Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Benefits of This Market Research:

•    Industry drivers, restraints, and opportunities covered in the study

•    Neutral perspective on the market performance

•    Recent industry trends and developments

•    Competitive landscape & strategies of key players

•    Potential & niche segments and regions exhibiting promising growth covered

•    Historical, current, and projected market size, in terms of value

•    In-depth analysis of the Water-based Shoes Adhesive Market

•    Overview of the regional outlook of the Water-based Shoes Adhesive Market

Key Reasons to Buy this Report:

•    Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

•    This enables you to anticipate market changes to remain ahead of your competitors

•    You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents

•    The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

•    Provision of market value (USD Billion) data for each segment and sub-segment

•    Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

•    Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

•    Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

•    Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

•    The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

•    Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

•    Provides insight into the market through Value Chain

•    Market dynamics scenario, along with growth opportunities of the market in the years to come

•    6-month post-sales analyst support

We offer additional regional and global reports that are similar:

•    Global Water-based Shoes Adhesive Market 

•    United States Water-based Shoes Adhesive Market 

•    Japan Water-based Shoes Adhesive Market 

•    Germany Water-based Shoes Adhesive Market 

•    South Korea Water-based Shoes Adhesive Market 

•    Indonesia Water-based Shoes Adhesive Market 

•    Brazil Water-based Shoes Adhesive Market

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