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Spandex-Global Market Insights and Sales Trends 2025

Spandex-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1825350

No of Pages : 113

Synopsis

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.

The global Spandex market size is expected to reach US$ 8138.4 million by 2029, growing at a CAGR of 5.6% from 2023 to 2029. The market is mainly driven by the significant applications of Spandex in various end use industries.

The expanding demands from the Apparel and Clothing, Medical and Healthcare and Others,, are propelling Spandex market. Solution Dry Spinning, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Solution Wet Spinning segment is estimated at % CAGR for the next seven-year period.

Global Spandex Fiber key players include Hyosung Corporation, Zhejiang Huafon Spandex Co. Ltd., ZheJiang Huahai Machinery Group, Highsun Group, Xinxiang Bailu Chemical Fibre Group Co. Ltd., etc. Global top five players hold a share about 55%.
China is the largest market, with a share about 60%, followed by North America and Europe, having a total share about 15 percent.
In terms of product, Solution Dry Spinning is the largest segment, with a share about 80%. And in terms of application, the largest application is Apparel and Clothing, followed by Medical and Healthcare, etc.

Report Objectives

This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Spandex, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.

Key Features of The Study:

This report provides in-depth analysis of the global Spandex market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.

This report profiles key players in the global Spandex market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Spandex sales data, market share and ranking.

This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.

This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.

Key companies of Spandex covered in this report 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.

The global Spandex market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.

Market Segmentation

Company Profiles:

  • 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

Global Spandex market, by region:

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, France, UK, Italy, etc.)
  • Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
  • South America (Brazil, etc.)
  • Middle East and Africa (Turkey, GCC Countries, Africa, etc.)

Global Spandex market, Segment by Type:

  • Solution Dry Spinning
  • Solution Wet Spinning
  • Others

Global Spandex market, by Application

  • Apparel and Clothing
  • Medical and Healthcare
  • Others

Core Chapters

Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Spandex manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Spandex in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.

Index

1 Spandex Market Overview
1.1 Spandex Product Overview
1.2 Spandex Market Segment by Type
1.2.1 Solution Dry Spinning
1.2.2 Solution Wet Spinning
1.2.3 Others
1.3 Global Spandex Market Size by Type
1.3.1 Global Spandex Market Size Overview by Type (2018-2029)
1.3.2 Global Spandex Historic Market Size Review by Type (2018-2023)
1.3.3 Global Spandex Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Spandex Sales Breakdown by Type (2018-2023)
1.4.2 Europe Spandex Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Spandex Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Spandex Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Spandex Sales Breakdown by Type (2018-2023)
2 Global Spandex Market Competition by Company
2.1 Global Top Players by Spandex Sales (2018-2023)
2.2 Global Top Players by Spandex Revenue (2018-2023)
2.3 Global Top Players by Spandex Price (2018-2023)
2.4 Global Top Manufacturers Spandex Manufacturing Base Distribution, Sales Area, Product Type
2.5 Spandex Market Competitive Situation and Trends
2.5.1 Spandex Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Spandex Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Spandex as of 2022)
2.7 Date of Key Manufacturers Enter into Spandex Market
2.8 Key Manufacturers Spandex Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Spandex Status and Outlook by Region
3.1 Global Spandex Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Spandex Historic Market Size by Region
3.2.1 Global Spandex Sales in Volume by Region (2018-2023)
3.2.2 Global Spandex Sales in Value by Region (2018-2023)
3.2.3 Global Spandex Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Spandex Forecasted Market Size by Region
3.3.1 Global Spandex Sales in Volume by Region (2024-2029)
3.3.2 Global Spandex Sales in Value by Region (2024-2029)
3.3.3 Global Spandex Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Spandex by Application
4.1 Spandex Market Segment by Application
4.1.1 Apparel and Clothing
4.1.2 Medical and Healthcare
4.1.3 Others
4.2 Global Spandex Market Size by Application
4.2.1 Global Spandex Market Size Overview by Application (2018-2029)
4.2.2 Global Spandex Historic Market Size Review by Application (2018-2023)
4.2.3 Global Spandex Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Spandex Sales Breakdown by Application (2018-2023)
4.3.2 Europe Spandex Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Spandex Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Spandex Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Spandex Sales Breakdown by Application (2018-2023)
5 North America Spandex by Country
5.1 North America Spandex Historic Market Size by Country
5.1.1 North America Spandex Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Spandex Sales in Volume by Country (2018-2023)
5.1.3 North America Spandex Sales in Value by Country (2018-2023)
5.2 North America Spandex Forecasted Market Size by Country
5.2.1 North America Spandex Sales in Volume by Country (2024-2029)
5.2.2 North America Spandex Sales in Value by Country (2024-2029)
6 Europe Spandex by Country
6.1 Europe Spandex Historic Market Size by Country
6.1.1 Europe Spandex Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Spandex Sales in Volume by Country (2018-2023)
6.1.3 Europe Spandex Sales in Value by Country (2018-2023)
6.2 Europe Spandex Forecasted Market Size by Country
6.2.1 Europe Spandex Sales in Volume by Country (2024-2029)
6.2.2 Europe Spandex Sales in Value by Country (2024-2029)
7 Asia-Pacific Spandex by Region
7.1 Asia-Pacific Spandex Historic Market Size by Region
7.1.1 Asia-Pacific Spandex Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Spandex Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Spandex Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Spandex Forecasted Market Size by Region
7.2.1 Asia-Pacific Spandex Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Spandex Sales in Value by Region (2024-2029)
8 Latin America Spandex by Country
8.1 Latin America Spandex Historic Market Size by Country
8.1.1 Latin America Spandex Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Spandex Sales in Volume by Country (2018-2023)
8.1.3 Latin America Spandex Sales in Value by Country (2018-2023)
8.2 Latin America Spandex Forecasted Market Size by Country
8.2.1 Latin America Spandex Sales in Volume by Country (2024-2029)
8.2.2 Latin America Spandex Sales in Value by Country (2024-2029)
9 Middle East and Africa Spandex by Country
9.1 Middle East and Africa Spandex Historic Market Size by Country
9.1.1 Middle East and Africa Spandex Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Spandex Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Spandex Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Spandex Forecasted Market Size by Country
9.2.1 Middle East and Africa Spandex Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Spandex Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Hyosung Corporation
10.1.1 Hyosung Corporation Company Information
10.1.2 Hyosung Corporation Introduction and Business Overview
10.1.3 Hyosung Corporation Spandex Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Hyosung Corporation Spandex Products Offered
10.1.5 Hyosung Corporation Recent Development
10.2 Zhejiang Huafon Spandex Co. Ltd.
10.2.1 Zhejiang Huafon Spandex Co. Ltd. Company Information
10.2.2 Zhejiang Huafon Spandex Co. Ltd. Introduction and Business Overview
10.2.3 Zhejiang Huafon Spandex Co. Ltd. Spandex Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Zhejiang Huafon Spandex Co. Ltd. Spandex Products Offered
10.2.5 Zhejiang Huafon Spandex Co. Ltd. Recent Development
10.3 Invista
10.3.1 Invista Company Information
10.3.2 Invista Introduction and Business Overview
10.3.3 Invista Spandex Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Invista Spandex Products Offered
10.3.5 Invista Recent Development
10.4 ZheJiang Huahai Machinery Group
10.4.1 ZheJiang Huahai Machinery Group Company Information
10.4.2 ZheJiang Huahai Machinery Group Introduction and Business Overview
10.4.3 ZheJiang Huahai Machinery Group Spandex Sales, Revenue and Gross Margin (2018-2023)
10.4.4 ZheJiang Huahai Machinery Group Spandex Products Offered
10.4.5 ZheJiang Huahai Machinery Group Recent Development
10.5 Highsun Group
10.5.1 Highsun Group Company Information
10.5.2 Highsun Group Introduction and Business Overview
10.5.3 Highsun Group Spandex Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Highsun Group Spandex Products Offered
10.5.5 Highsun Group Recent Development
10.6 Xinxiang Bailu Chemical Fibre Group Co. Ltd.
10.6.1 Xinxiang Bailu Chemical Fibre Group Co. Ltd. Company Information
10.6.2 Xinxiang Bailu Chemical Fibre Group Co. Ltd. Introduction and Business Overview
10.6.3 Xinxiang Bailu Chemical Fibre Group Co. Ltd. Spandex Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Xinxiang Bailu Chemical Fibre Group Co. Ltd. Spandex Products Offered
10.6.5 Xinxiang Bailu Chemical Fibre Group Co. Ltd. Recent Development
10.7 Asahi Kasei Corporation
10.7.1 Asahi Kasei Corporation Company Information
10.7.2 Asahi Kasei Corporation Introduction and Business Overview
10.7.3 Asahi Kasei Corporation Spandex Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Asahi Kasei Corporation Spandex Products Offered
10.7.5 Asahi Kasei Corporation Recent Development
10.8 Yantai Tayho Advanced Materials Co. Ltd.
10.8.1 Yantai Tayho Advanced Materials Co. Ltd. Company Information
10.8.2 Yantai Tayho Advanced Materials Co. Ltd. Introduction and Business Overview
10.8.3 Yantai Tayho Advanced Materials Co. Ltd. Spandex Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Yantai Tayho Advanced Materials Co. Ltd. Spandex Products Offered
10.8.5 Yantai Tayho Advanced Materials Co. Ltd. Recent Development
10.9 Jiangsu Shuangliang Spandex Co., Ltd.
10.9.1 Jiangsu Shuangliang Spandex Co., Ltd. Company Information
10.9.2 Jiangsu Shuangliang Spandex Co., Ltd. Introduction and Business Overview
10.9.3 Jiangsu Shuangliang Spandex Co., Ltd. Spandex Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Jiangsu Shuangliang Spandex Co., Ltd. Spandex Products Offered
10.9.5 Jiangsu Shuangliang Spandex Co., Ltd. Recent Development
10.10 Taekwang Industrial Co. Ltd.
10.10.1 Taekwang Industrial Co. Ltd. Company Information
10.10.2 Taekwang Industrial Co. Ltd. Introduction and Business Overview
10.10.3 Taekwang Industrial Co. Ltd. Spandex Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Taekwang Industrial Co. Ltd. Spandex Products Offered
10.10.5 Taekwang Industrial Co. Ltd. Recent Development
10.11 TK Chemical Corporation
10.11.1 TK Chemical Corporation Company Information
10.11.2 TK Chemical Corporation Introduction and Business Overview
10.11.3 TK Chemical Corporation Spandex Sales, Revenue and Gross Margin (2018-2023)
10.11.4 TK Chemical Corporation Spandex Products Offered
10.11.5 TK Chemical Corporation Recent Development
10.12 Xiamen Lilong Spandex Co., Ltd.
10.12.1 Xiamen Lilong Spandex Co., Ltd. Company Information
10.12.2 Xiamen Lilong Spandex Co., Ltd. Introduction and Business Overview
10.12.3 Xiamen Lilong Spandex Co., Ltd. Spandex Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Xiamen Lilong Spandex Co., Ltd. Spandex Products Offered
10.12.5 Xiamen Lilong Spandex Co., Ltd. Recent Development
10.13 Indorama Corporation
10.13.1 Indorama Corporation Company Information
10.13.2 Indorama Corporation Introduction and Business Overview
10.13.3 Indorama Corporation Spandex Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Indorama Corporation Spandex Products Offered
10.13.5 Indorama Corporation Recent Development
10.14 Toray Industries
10.14.1 Toray Industries Company Information
10.14.2 Toray Industries Introduction and Business Overview
10.14.3 Toray Industries Spandex Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Toray Industries Spandex Products Offered
10.14.5 Toray Industries Recent Development
10.15 Shandong Ruyi
10.15.1 Shandong Ruyi Company Information
10.15.2 Shandong Ruyi Introduction and Business Overview
10.15.3 Shandong Ruyi Spandex Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Shandong Ruyi Spandex Products Offered
10.15.5 Shandong Ruyi Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Spandex Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Spandex Industrial Chain Analysis
11.4 Spandex Market Dynamics
11.4.1 Spandex Industry Trends
11.4.2 Spandex Market Drivers
11.4.3 Spandex Market Challenges
11.4.4 Spandex Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Spandex Distributors
12.3 Spandex Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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