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Spandex Fabric-Global Market Insights and Sales Trends 2024
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 Fabric market size is expected to reach US$ 7026.2 million by 2029, growing at a CAGR of 3.4% from 2023 to 2029. The market is mainly driven by the significant applications of Spandex Fabric in various end use industries. The expanding demands from the Tight Clothing, Sportswear and Other, are propelling Spandex Fabric 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 Fabric, 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 Fabric 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 Fabric market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Spandex Fabric 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 Fabric covered in this report include Hyosung Corporation, DuPont, Teijin, Asahi Kasei Corporation, Toray Industries, Far Eastern New Century Corporation, Acelon Chemical and Fiber Corporation and Investa, etc.
The global Spandex Fabric 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
DuPont
Teijin
Asahi Kasei Corporation
Toray Industries
Far Eastern New Century Corporation
Acelon Chemical and Fiber Corporation
Investa
Global Spandex Fabric 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 Fabric market, Segment by Type:
Solution Dry Spinning
Solution Wet Spinning
Global Spandex Fabric market, by Application
Tight Clothing
Sportswear
Other
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 Fabric manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Spandex Fabric 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.
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 Fabric market size is expected to reach US$ 7026.2 million by 2029, growing at a CAGR of 3.4% from 2023 to 2029. The market is mainly driven by the significant applications of Spandex Fabric in various end use industries. The expanding demands from the Tight Clothing, Sportswear and Other, are propelling Spandex Fabric 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 Fabric, 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 Fabric 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 Fabric market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Spandex Fabric 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 Fabric covered in this report include Hyosung Corporation, DuPont, Teijin, Asahi Kasei Corporation, Toray Industries, Far Eastern New Century Corporation, Acelon Chemical and Fiber Corporation and Investa, etc.
The global Spandex Fabric 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
DuPont
Teijin
Asahi Kasei Corporation
Toray Industries
Far Eastern New Century Corporation
Acelon Chemical and Fiber Corporation
Investa
Global Spandex Fabric 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 Fabric market, Segment by Type:
Solution Dry Spinning
Solution Wet Spinning
Global Spandex Fabric market, by Application
Tight Clothing
Sportswear
Other
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 Fabric manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Spandex Fabric 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.
Index1 Spandex Fabric Market Overview
1.1 Spandex Fabric Product Overview
1.2 Spandex Fabric Market Segment by Type
1.2.1 Solution Dry Spinning
1.2.2 Solution Wet Spinning
1.3 Global Spandex Fabric Market Size by Type
1.3.1 Global Spandex Fabric Market Size Overview by Type (2018-2029)
1.3.2 Global Spandex Fabric Historic Market Size Review by Type (2018-2023)
1.3.3 Global Spandex Fabric Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Spandex Fabric Sales Breakdown by Type (2018-2023)
1.4.2 Europe Spandex Fabric Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Spandex Fabric Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Spandex Fabric Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Spandex Fabric Sales Breakdown by Type (2018-2023)
2 Global Spandex Fabric Market Competition by Company
2.1 Global Top Players by Spandex Fabric Sales (2018-2023)
2.2 Global Top Players by Spandex Fabric Revenue (2018-2023)
2.3 Global Top Players by Spandex Fabric Price (2018-2023)
2.4 Global Top Manufacturers Spandex Fabric Manufacturing Base Distribution, Sales Area, Product Type
2.5 Spandex Fabric Market Competitive Situation and Trends
2.5.1 Spandex Fabric Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Spandex Fabric 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 Fabric as of 2022)
2.7 Date of Key Manufacturers Enter into Spandex Fabric Market
2.8 Key Manufacturers Spandex Fabric Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Spandex Fabric Status and Outlook by Region
3.1 Global Spandex Fabric Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Spandex Fabric Historic Market Size by Region
3.2.1 Global Spandex Fabric Sales in Volume by Region (2018-2023)
3.2.2 Global Spandex Fabric Sales in Value by Region (2018-2023)
3.2.3 Global Spandex Fabric Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Spandex Fabric Forecasted Market Size by Region
3.3.1 Global Spandex Fabric Sales in Volume by Region (2024-2029)
3.3.2 Global Spandex Fabric Sales in Value by Region (2024-2029)
3.3.3 Global Spandex Fabric Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Spandex Fabric by Application
4.1 Spandex Fabric Market Segment by Application
4.1.1 Tight Clothing
4.1.2 Sportswear
4.1.3 Other
4.2 Global Spandex Fabric Market Size by Application
4.2.1 Global Spandex Fabric Market Size Overview by Application (2018-2029)
4.2.2 Global Spandex Fabric Historic Market Size Review by Application (2018-2023)
4.2.3 Global Spandex Fabric Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Spandex Fabric Sales Breakdown by Application (2018-2023)
4.3.2 Europe Spandex Fabric Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Spandex Fabric Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Spandex Fabric Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Spandex Fabric Sales Breakdown by Application (2018-2023)
5 North America Spandex Fabric by Country
5.1 North America Spandex Fabric Historic Market Size by Country
5.1.1 North America Spandex Fabric Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Spandex Fabric Sales in Volume by Country (2018-2023)
5.1.3 North America Spandex Fabric Sales in Value by Country (2018-2023)
5.2 North America Spandex Fabric Forecasted Market Size by Country
5.2.1 North America Spandex Fabric Sales in Volume by Country (2024-2029)
5.2.2 North America Spandex Fabric Sales in Value by Country (2024-2029)
6 Europe Spandex Fabric by Country
6.1 Europe Spandex Fabric Historic Market Size by Country
6.1.1 Europe Spandex Fabric Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Spandex Fabric Sales in Volume by Country (2018-2023)
6.1.3 Europe Spandex Fabric Sales in Value by Country (2018-2023)
6.2 Europe Spandex Fabric Forecasted Market Size by Country
6.2.1 Europe Spandex Fabric Sales in Volume by Country (2024-2029)
6.2.2 Europe Spandex Fabric Sales in Value by Country (2024-2029)
7 Asia-Pacific Spandex Fabric by Region
7.1 Asia-Pacific Spandex Fabric Historic Market Size by Region
7.1.1 Asia-Pacific Spandex Fabric Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Spandex Fabric Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Spandex Fabric Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Spandex Fabric Forecasted Market Size by Region
7.2.1 Asia-Pacific Spandex Fabric Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Spandex Fabric Sales in Value by Region (2024-2029)
8 Latin America Spandex Fabric by Country
8.1 Latin America Spandex Fabric Historic Market Size by Country
8.1.1 Latin America Spandex Fabric Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Spandex Fabric Sales in Volume by Country (2018-2023)
8.1.3 Latin America Spandex Fabric Sales in Value by Country (2018-2023)
8.2 Latin America Spandex Fabric Forecasted Market Size by Country
8.2.1 Latin America Spandex Fabric Sales in Volume by Country (2024-2029)
8.2.2 Latin America Spandex Fabric Sales in Value by Country (2024-2029)
9 Middle East and Africa Spandex Fabric by Country
9.1 Middle East and Africa Spandex Fabric Historic Market Size by Country
9.1.1 Middle East and Africa Spandex Fabric Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Spandex Fabric Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Spandex Fabric Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Spandex Fabric Forecasted Market Size by Country
9.2.1 Middle East and Africa Spandex Fabric Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Spandex Fabric 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 Fabric Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Hyosung Corporation Spandex Fabric Products Offered
10.1.5 Hyosung Corporation Recent Development
10.2 DuPont
10.2.1 DuPont Company Information
10.2.2 DuPont Introduction and Business Overview
10.2.3 DuPont Spandex Fabric Sales, Revenue and Gross Margin (2018-2023)
10.2.4 DuPont Spandex Fabric Products Offered
10.2.5 DuPont Recent Development
10.3 Teijin
10.3.1 Teijin Company Information
10.3.2 Teijin Introduction and Business Overview
10.3.3 Teijin Spandex Fabric Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Teijin Spandex Fabric Products Offered
10.3.5 Teijin Recent Development
10.4 Asahi Kasei Corporation
10.4.1 Asahi Kasei Corporation Company Information
10.4.2 Asahi Kasei Corporation Introduction and Business Overview
10.4.3 Asahi Kasei Corporation Spandex Fabric Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Asahi Kasei Corporation Spandex Fabric Products Offered
10.4.5 Asahi Kasei Corporation Recent Development
10.5 Toray Industries
10.5.1 Toray Industries Company Information
10.5.2 Toray Industries Introduction and Business Overview
10.5.3 Toray Industries Spandex Fabric Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Toray Industries Spandex Fabric Products Offered
10.5.5 Toray Industries Recent Development
10.6 Far Eastern New Century Corporation
10.6.1 Far Eastern New Century Corporation Company Information
10.6.2 Far Eastern New Century Corporation Introduction and Business Overview
10.6.3 Far Eastern New Century Corporation Spandex Fabric Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Far Eastern New Century Corporation Spandex Fabric Products Offered
10.6.5 Far Eastern New Century Corporation Recent Development
10.7 Acelon Chemical and Fiber Corporation
10.7.1 Acelon Chemical and Fiber Corporation Company Information
10.7.2 Acelon Chemical and Fiber Corporation Introduction and Business Overview
10.7.3 Acelon Chemical and Fiber Corporation Spandex Fabric Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Acelon Chemical and Fiber Corporation Spandex Fabric Products Offered
10.7.5 Acelon Chemical and Fiber Corporation Recent Development
10.8 Investa
10.8.1 Investa Company Information
10.8.2 Investa Introduction and Business Overview
10.8.3 Investa Spandex Fabric Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Investa Spandex Fabric Products Offered
10.8.5 Investa Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Spandex Fabric 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 Fabric Industrial Chain Analysis
11.4 Spandex Fabric Market Dynamics
11.4.1 Spandex Fabric Industry Trends
11.4.2 Spandex Fabric Market Drivers
11.4.3 Spandex Fabric Market Challenges
11.4.4 Spandex Fabric Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Spandex Fabric Distributors
12.3 Spandex Fabric 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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