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:
1. Can be stretched repeatedly and still recover to very near its original length and shape
2. Generally, can be stretched more than 500% without breaking
3. Stronger, more durable and higher retractive force than rubber
4. Lightweight, soft, smooth, supple
5. In garments, provides a combination of comfort and fit, prevents bagging and sagging
6. Heat-settable — facilitates transforming puckered fabrics into flat fabrics, or flat fabrics into permanent rounded shapes
7. Dyeable
8. Resistant to deterioration by body oils, perspiration, lotions or detergents
9. Abrasion resistant
10. When fabrics containing spandex are sewn, the needle causes little or no damage from “needle cutting” compared to the older types of elastic materials
11. Available in fiber diameters range from 10 deniers to 2500 denier
12. Available in clear and opaque lusters.
This report contains market size and forecasts of Spandex Fiber in global, including the following market information:
Global Spandex Fiber Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Spandex Fiber Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Spandex Fiber companies in 2021 (%)
The global Spandex Fiber market was valued at 5692.9 million in 2021 and is projected to reach US$ 8204.2 million by 2028, at a CAGR of 5.4% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Solution Dry Spinning Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Spandex Fiber include 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. and Jiangsu Shuangliang Spandex Co., Ltd., etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Spandex Fiber manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Spandex Fiber Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Spandex Fiber Market Segment Percentages, by Type, 2021 (%)
Solution Dry Spinning
Solution Wet Spinning
Others
Global Spandex Fiber Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Spandex Fiber Market Segment Percentages, by Application, 2021 (%)
Apparel and Clothing
Medical and Healthcare
Others
Global Spandex Fiber Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Spandex Fiber Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Spandex Fiber revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Spandex Fiber revenues share in global market, 2021 (%)
Key companies Spandex Fiber sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Spandex Fiber sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
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