Global Spandex Fiber Market Research Report 2023(Status and Outlook)

Global Spandex Fiber Market Research Report 2023(Status and Outlook)

Report Overview

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 Fiber Market Size was estimated at USD 5868.90 million in 2022 and is projected to reach USD 8594.17 million by 2029, exhibiting a CAGR of 5.60% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Spandex Fiber market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Spandex Fiber Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Spandex Fiber market in any manner.

Global Spandex Fiber Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

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

Market Segmentation (by Type)

Solution Dry Spinning

Solution Wet Spinning

Others

Market Segmentation (by Application)

Spying

Explosive Detection

Firefighting

Demining

Rescue Operations

Transportation

Patrolling

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Spandex Fiber Market

Overview of the regional outlook of the Spandex Fiber Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors