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Market for Footwear Polyurethane Shrank This Year—Here’s What Could Threaten Growth

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As brands answer the consumer call for eco-friendly footwear, sustainable alternatives could dampen growth in the market for polyurethane, a shoe sole staple ingredient. Valued at $4.2 billion in 2019, the market for polyurethane (PU) used in footwear is expected to expand by a compound annual growth rate (CAGR) of 7.6 percent by 2024, according…

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