Uploaded on Jan 24, 2022
The spandex market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a CAGR of 4.4% in the above-mentioned forecast period.
Spandex Market Size, Share, Future Prospects and Forecast to 2028
Spandex Market Size, Share, Future Prospects and
Forecast to 2028
Spandex Market, By Production Process (Dry Spinning, Wet Spinning, Melt Extrusion,
Reaction Spinning), Application (Clothing, Medical, Others), Fabric Type (Two-Way, Four-
Way), Downstream Processes (Knitting, Weaving, Yarn Covering), Industry Trends and
Forecast to 2028.
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Market Analysis and Insights
The spandex market is expected to gain market growth in the forecast period of 2021 to
2028. Data Bridge Market Research analyses the market to grow at a CAGR of 4.4% in the
above-mentioned forecast period.
Spandex (also known as elastane or lycra) is soft smooth, lightweight fiber, made out of
synthetic polymer or polyurethane which has extraordinary stretch ability. It is has
significant elasticity capability, due to which it finds its application in a wide-variety of
clothing and medical products development.
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Major Key Players
Some of the major players operating in this market are :
• TORAY INDUSTRIES, INC.
• INVISTA
• Asahi Kasei Corporation
• HYOSUNG
• Zhejiang Huafon Spandex
• Yantai Tayho Advanced Materials Co.,Ltd
• TK Chemical Corporation
• TAEKWANG INDUSTRIAL CO.,LTD
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Market Segmentation
• By Production Process (Dry Spinning, Wet Spinning, Melt Extrusion,
Reaction Spinning)
• By Application (Clothing, Medical, Others)
• By Fabric Type (Two-Way, Four-Way)
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Regional Analysis
Based on geography, the market is segmented into five geographical
regions
North America
Europe
Asia-Pacific
South America
Middle East
Africa
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About Data Bridge Market
Research
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today!
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thrive in the market. Data Bridge endeavors to provide appropriate solutions
to the complex business challenges and initiates an effortless decision-making
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