Spandex Fiber Market Size, Share, Growth Rate, Revenue, Applications, Industry Demand & Forecast to 2028

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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

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