This report studies the Spandex Fiber market, Spandex Fiber is a manufactured fiber in which the fiber forming substance is a long-chain synthetic polymer comprised of at least 85% of segmented polyurethane. Spandex fiber is a synthetic fiber known for its exceptional elasticity (stretch ability).
Characteristics of Spandex Fiber:
- Can be stretched repeatedly and still recover to very near its original length and shape
- Generally, can be stretched more than 500% without breaking
- Stronger, more durable and higher retractive force than rubber
- Lightweight, soft, smooth, supple
- In garments, provides a combination of comfort and fit, prevents bagging and sagging
- Heat-settable — facilitates transforming puckered fabrics into flat fabrics, or flat fabrics into permanent rounded shapes
- Dyeable
- Resistant to deterioration by body oils, perspiration, lotions or detergents
- Abrasion resistant
- When fabrics containing spandex are sewn, the needle causes little or no damage from “needle cutting” compared to the older types of elastic materials
- Available in fiber diameters range from 10 deniers to 2500 denier
- Available in clear and opaque lusters.
LPI (LP Information)’ newest research report, the “Spandex Industry Forecast” looks at past sales and reviews total world Spandex sales in 2022, providing a comprehensive analysis by region and market sector of projected Spandex sales for 2023 through 2029. With Spandex sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Spandex industry.
The global Spandex market size is projected to grow from US$ 5412.4 million in 2022 to US$ 8036.2 million in 2029; it is expected to grow at a CAGR of 8036.2 from 2023 to 2029.
Global Spandex Fiber key players include Hyosung Corporation, Zhejiang Huafon Spandex Co. Ltd., ZheJiang Huahai Machinery Group, Highsun Group, Xinxiang Bailu Chemical Fibre Group Co. Ltd., etc. Global top five players hold a share about 55%.
China is the largest market, with a share about 60%, followed by North America and Europe, having a total share about 15 percent.
In terms of product, Solution Dry Spinning is the largest segment, with a share about 80%. And in terms of application, the largest application is Apparel and Clothing, followed by Medical and Healthcare, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Spandex market by product type, application, key manufacturers and key regions and countries.
Top Manufactures in Global Spandex Includes:
Hyosung Corporation
Zhejiang Huafon Spandex Co. Ltd.
Invista
ZheJiang Huahai Machinery Group
Highsun Group
Xinxiang Bailu Chemical Fibre Group Co. Ltd.
Asahi Kasei Corporation
Yantai Tayho Advanced Materials Co. Ltd.
Jiangsu Shuangliang Spandex Co., Ltd.
Taekwang Industrial Co. Ltd.
TK Chemical Corporation
Xiamen Lilong Spandex Co., Ltd.
Indorama Corporation
Toray Industries
Shandong Ruyi
Market Segment by Type, covers:
Solution Dry Spinning
Solution Wet Spinning
Others
Market Segment by Applications, can be divided into:
Apparel and Clothing
Medical and Healthcare
Others
Key Questions Addressed in this Report
What is the 10-year outlook for the global Spandex market?
What factors are driving Spandex market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Spandex market opportunities vary by end market size?
How does Spandex break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
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https://www.lpinformationdata.com/reports/457215/spandex-2029
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