Spandex Market 
                     Spandex Market To 
Reach USD 10.95 
Billion By 2027
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Market 
Summary
Increasing demand from textile, medical sector coupled with growing demand from the sports sub-
segment, is driving the demand for the market.
Market Size – USD 7.41 Billion in 2019, Market Growth - CAGR of 4.9%, Market Trends – High demand 
in textile, medical sectors.
To identify the key trends in the industry, click on the link below: 
https://www.reportsanddata.com/report-detail/spandex-market
  
Key players in the market include Hyosung Corporation, LYCRA, TK Chemical Corporation, Taekwang 
Industrial Company Limited, Teijin Ltd, Toray Industries, Asahi Kasei Corporation, Far Eastern New 
Century Corporation, INVISTA and Yantai Tayho Advanced Material Corporation Ltd.
Market 
Summary
Fabric Type Outlook (Revenue, USD Billion; 2020-2027)
• Two Way Spandex
• Four Way Spandex
Production Process Outlook (Revenue, USD Billion; 2020-2027)
• Dry Spinning
• Wet Spinning
• Melt Extrusion
• Reaction Spinning
Application Outlook (Revenue, USD Billion; 2020-2027)
• Apparel
• Sports
• Medical
• Others
Market 
Summary
Regional Outlook (Revenue, USD Billion; 2020-2027)
• North America
• U.S
• Europe
• U.K
• Germany
• Asia Pacific
• China
• India
• Japan
• MEA
• Latin America
• Brazil
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John Watson
JohnH eWada otfs Bounsiness Development
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