Spandex Market
                     Spandex Market was accounted for US$ 7,150.4 Mn by the end of 2019, witnessing a CAGR of
10.3% during the forecast period
Spandex is a synthetic fabric that has exceptional elastic properties. It is produced by using PTMEG
and MDI as the chemical reactants. It is widely used in the creation of bras, skin-tight garments, 
gloves, gym wear, slacks, and swimwear. Moreover, spandex is also used in the production of 
orthopedic braces and surgical hoses as it is more durable and stronger.
Market Dynamics
Robust growth in the apparel & clothing industry is augmenting the market growth of the spandex. 
Growing demand for intimate wear, sportswear, compression garments, etc. coupled with the 
emergence of a new application of spandex in denim is again expected to foster market growth. The
Indian textiles and apparel market was estimated at US$ 100 billion in 2019. India is the world's 
second-largest exporter of textiles and clothing and is expected to increase to US$ 82.00 billion by 
2021 from US$ 22.95 billion in 2020.
Request Copy Of This Business Report: https://www.coherentmarketinsights.com/market-
insight/spandex-market-311
•Global Spandex Market, By Fabric Type:
•Two-way
•Four-way
•Global Spandex Market, By Application:
•Clothing
•Medical
•Global Spandex Market, By Process:
•Knitting
•Weaving
•Yarn Covering
Major Keyplayers: INVISTA, Asahi Kasei Corporation, Hyosung Corporation, Zhejiang Huafon 
Spandex Co. Ltd.,Yantai Tayho Advanced Materials Co. Ltd., Indorama Industries Ltd, TK 
Chemical Corp., Taekwang Industrial Co., Ltd, Jiangsu Shaungliang Spandex Co., Ltd., Xiamen 
Lilong Spandex Co. Ltd
About Us:
Coherent Market Insights is a global market intelligence and consulting organization that provides 
syndicated research reports, customized research reports, and consulting services. We are known for
our actionable insights and authentic reports in various domains including aerospace and defense, 
agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and 
an exhaustive list of sub-domains under the sun. We create value for clients through our highly 
reliable and accurate reports. We are also committed in playing a leading role in offering insights in 
various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our 
clients.
Contact:
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: [email protected]
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837