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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neoteric Market research and consulting firm with unparalleled level of 
resilience and integrated approaches. We are determined to unearth  the best 
market opportunities and foster efficient information for your business to 
thrive in the market. Data Bridge endeavors to provide appropriate solutions 
to the complex business challenges and initiates an effortless decision-making 
process. 
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