Spandex Market, By Fabric Type (Two-Way and Four-Way), By Application (Apparel, Automotive, Medical, and Other Applications), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Spandex Market, By Fabric Type (Two-Way and Four-Way), By Application (Apparel, Automotive, Medical, and Other Applications), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)


Spandex is a synthetic fiber known for its exceptional elasticity. It is produced from polyurethane and contains between 85-95% polyurethane. Spandex fibers exhibit high moisture absorption as well as excellent elastic recovery, which allows it to be stretched and deformed yet maintain its original shape after stretching. These unique properties make it suitable for a wide range of applications from sportswear, jeans, leggings, shapewear, activewear to swimsuits and bras. Rising demand for athletic and activewear across the globe is driving the growth of the spandex market.

Market Dynamics:

Increasing demand for athletic and activewear is a key driver fueling growth of the global spandex market. Spandex offers properties such as stretch, sweat-wicking, compression, and moisture-wicking which makes it highly suitable for use in these end-use industries. Rising health awareness and increasing participation in sports and fitness activities has been boosting demand for sports apparel, footwear, and other accessories. However, fluctuations in raw material prices poses a challenge for market players. Rising inflation and unstable crude oil prices have been increasing production costs. Opportunities lie in development of bio-based spandex fibers as a sustainable alternative to conventional petroleum-based fibers.

Key Features of the Study:
  • This report provides in-depth analysis of the global spandex market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global spandex market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include INVISTA, Asahi Kasei Corporation, Hyosung Corporation, Zhejiang Huafon Spandex Co. Ltd., Yantai Tayho Advanced Materials Co. Ltd., Indorama Industries Ltd, TK Chemical Corp., Taekwang Industrial Co. Ltd, Jiangsu Shaungliang Spandex Co. Ltd., Xiamen Lilong Spandex Co. Ltd., Tayho Advanced Materials Co., Ltd, DuPont, BASF, Mitsubishi Chemical, Dongil Industries, Nippon Shokubai, and Guilin Songquan
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global spandex market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global spandex market
Detailed Segmentation
  • By Fabric Type
  • Two-Way
  • Four-Way
  • By Application
  • Apparel
  • Automotive
  • Medical
  • Other Applications
  • By Region:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
  • Key Players Insights
  • INVISTA
  • Asahi Kasei Corporation
  • Hyosung Corporation
  • Zhejiang Huafon Spandex Co. Ltd.
  • Yantai Tayho Advanced Materials Co. Ltd.
  • Indorama Industries Ltd
  • TK Chemical Corp.
  • Taekwang Industrial Co. Ltd
  • Jiangsu Shaungliang Spandex Co. Ltd.
  • Xiamen Lilong Spandex Co. Ltd.
  • Tayho Advanced Materials Co., Ltd
  • DuPont
  • BASF
  • Mitsubishi Chemical
  • Dongil Industries
  • Nippon Shokubai
  • Guilin Songquan


1. Research objectives and assumptions
Research Objectives
Assumptions
Abbreviations
2. Market purview
Report Description
Market Definition and Scope
Executive Summary
Global Blood Flow Measurement Devices Market, by Product Type
Global Blood Flow Measurement Devices Market, by Application
Global Blood Flow Measurement Devices Market, by End User
Global Blood Flow Measurement Devices Market, by Region
3. Global Blood Flow Measurement Devices Market, by Product Type , 2024-2031, (USD Mn)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
Laser Doppler Blood Flowmeters
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
Ultrasonic Doppler Blood Flowmeters
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
Electromagnetic Blood Flowmeters
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
4. Global Blood Flow Measurement Devices Market, by Application, 2024-2031, (USD Mn)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
Cardiovascular Disease
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
Tumor Monitoring
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
Gastroenterology
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
Diabetes
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
Dermatology
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
5. Global Blood Flow Measurement Devices Market, by End User, 2024-2031, (USD Mn)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
Hospital
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
Clinics
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
Ambulatory Surgical Centers
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
Specialty Centers
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
6. Competitive Landscape
Cook Medical Inc.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Medistim ASA
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Transonic Systems Inc.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Deltex Medical Group PLC
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Atys Medical
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Getinge Group
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Perimed AB
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Compumedics
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
ADInstruments
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Moor Instruments Ltd.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
SONOTEC GmbH
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
ArjoHuntleigh Inc.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Cheetah Medical
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Biopac Systems Inc.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
E. Hokie & Associates
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
NDS Surgical Imaging
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Fluke Biomedical
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Koven Technology
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
GSI Group
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Nihon Kohden Corporation
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
7. Analyst Recommendations
Wheel of Fortune
Analyst View
Coherent Opportunity Map
8. References and Research Methodology
References
Research Methodology
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