Global Rubber Shoe Sole Market Overview:
Rubber can be used individually or blended with other materials like Ethylene Vinyl Acetate (EVA) to form Rubber/EVA when making soles. Rubber shoe soles are ideal when looking for safety shoes. That’s why they are highly recommended for those working in hazardous industrial areas. The material can withstand heat and acids which your feet may be exposed to. This has projected growth of the global rubber shoe sole market in the forecast period.
Growth Drivers
- Rising Demand for Stabilized Sole for Foot Motion among Consumer
- Increasing Shin Pain, Knee Pain, Back Pain Problems among the People
Roadblocks
- High cost and Technical Issues
Opportunities
- Increasing Participation of Consumers in Sports and Fitness-Related Activities due to Increasing Health-Conscious People
Challenges
- Slow Adoption Rate of the Advanced Technologies for the Production of the Rubber Shoe Sole
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Asahi Kasei Corporation (Japan), BASF SE (Germany), Covestro AG (Germany), DuPont (United States), The Harboro Rubber Co. Ltd (United Kingdom), FA.I.T. ADRIATICA S.P.A. (Italy), Anka India Ltd (India), Soucy Baron Inc (Canada) and TOPY Company (Japan). Additionally, following companies can also be profiled that are part of our coverage like Kalro International (Pvt)Ltd (Sri Lanka) and Sara Suole Pvt. Ltd (India). Analyst at AMA Research see European Vendors to retain maximum share of Global Rubber Shoe Sole market by 2026. Considering Market by Sole Component, the sub-segment i.e. Midsole will boost the Rubber Shoe Sole market. Considering Market by Material, the sub-segment i.e. Translucent Rubber-Vulcanized will boost the Rubber Shoe Sole market. Considering Market by End User, the sub-segment i.e. Men will boost the Rubber Shoe Sole market.
What Can be Explored with the Rubber Shoe Sole Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Rubber Shoe Sole Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Rubber Shoe Sole
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Rubber Shoe Sole market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Rubber Shoe Sole market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Rubber Shoe Sole Manufacturers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.