Spandex Market, By Fabric Type(Two-Way and Four-Way), By Application (Clothing (Sportswear, Home Furnishing, Underwear, Other Casuals) Medical (Diaper, Compression Stockings & Hoses, Other Medical)), By Process (Knitting, Weaving and Yarn Covering) - Size

Spandex Market, By Fabric Type(Two-Way and Four-Way), By Application (Clothing (Sportswear, Home Furnishing, Underwear, Other Casuals) Medical (Diaper, Compression Stockings & Hoses, Other Medical)), By Process (Knitting, Weaving and Yarn Covering) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Spandex is a synthetic fabric that has exceptional elastic properties. It is produced by using PTMEG and MDI as the chemical reactants. It is widely used in the creation of bras, skin-tight garments, gloves, gym wear, slacks, and swimwear.
The global spandex market is was accounted for US$ 7,150.4 Mn in terms of value by the end of 2021, witnessing a CAGR of 10.3% during the forecast period (2020 to 2027).
Market Dynamics
Robust growth in the apparel & clothing industry is augmenting the market growth of the spandex. Growing demand for intimate wear, sportswear, compression garments, etc. coupled with the emergence of a new application of spandex in denim is again expected to foster market growth. The Indian textiles and apparel market was estimated at US$ 100 billion in 2021. India is the world's second-largest exporter of textiles and clothing and is expected to increase to US$ 82.00 billion by 2021 from US$ 22.95 billion in 2020.

The growing demand for spandex from the medical industry for the manufacturing of medical textile is projected to serve major market opportunities. Due to their high elasticity properties it is majorly used in the production of clothing and apparel for the healthcare sector. On the other hand, the market is experiencing steady growth from the developing regions due to changing lifestyle, growing affluence, and preferences among the people in these regions.

Key features of the study:
This report provides in-depth analysis of graphite market, and provides market size (US$ Million & Metric tons) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
It profiles key players in the Global Spandex Market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
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
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology upgradation, market expansion, and marketing tactics
The Global Spandex Market report caters to various stakeholders in this industry including investors, suppliers, graphite 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:
Global Spandex Market, By Fabric Type:
Two-way
Four-way
Global Spandex Market, By Application:
Clothing
Medical
Global Spandex Market, By Process:
Knitting
Weaving
Yarn Covering
Global Spandex Market, By Region:
North America
U.S.
By Fabric Type
Two-way
Four-way
By Application
Clothing
Sportswear
Home Furnishing
Underwear
Other Casuals
Medical
Diaper
Compression Stockings & Hoses
Other Medical
By Process
Knitting
Weaving
Yarn Covering
Canada
By Fabric Type
Two-way
Four-way
By Application
Clothing
Sportswear
Home Furnishing
Underwear
Other Casuals
Medical
Diaper
Compression Stockings & Hoses
Other Medical
By Process
Knitting
Weaving
Yarn Covering
Europe
U.K.
By Fabric Type
Two-way
Four-way
By Application
Clothing
Sportswear
Home Furnishing
Underwear
Other Casuals
Medical
Diaper
Compression Stockings & Hoses
Other Medical
By Process
Knitting
Weaving
Yarn Covering
France
By Fabric Type
Two-way
Four-way
By Application
Clothing
Sportswear
Home Furnishing
Underwear
Other Casuals
Medical
Diaper
Compression Stockings & Hoses
Other Medical
By Process
Knitting
Weaving
Yarn Covering
Germany
By By Fabric Type
Two-way
Four-way
By Application
Clothing
Sportswear
Home Furnishing
Underwear
Other Casuals
Medical
Diaper
Compression Stockings & Hoses
Other Medical
By Process
Knitting
Weaving
Yarn Covering
Rest of Europe
By By Fabric Type
Two-way
Four-way
By Application
Clothing
Sportswear
Home Furnishing
Underwear
Other Casuals
Medical
Diaper
Compression Stockings & Hoses
Other Medical
By Process
Knitting
Weaving
Yarn Covering
APAC
China
By Fabric Type
Two-way
Four-way
By Application
Clothing
Sportswear
Home Furnishing
Underwear
Other Casuals
Medical
Diaper
Compression Stockings & Hoses
Other Medical
By Process
Knitting
Weaving
Yarn Covering
India
By Fabric Type
Two-way
Four-way
By Application
Clothing
Sportswear
Home Furnishing
Underwear
Other Casuals
Medical
Diaper
Compression Stockings & Hoses
Other Medical
By Process
Knitting
Weaving
Yarn Coverings
Rest of APAC
By By Fabric Type
Two-way
Four-way
By Application
Clothing
Sportswear
Home Furnishing
Underwear
Other Casuals
Medical
Diaper
Compression Stockings & Hoses
Other Medical
By Process
Knitting
Weaving
Yarn Covering
Latin America
Brazil
By Fabric Type
Two-way
Four-way
By Application
Clothing
Sportswear
Home Furnishing
Underwear
Other Casuals
Medical
Diaper
Compression Stockings & Hoses
Other Medical
By Process
Knitting
Weaving
Yarn Covering
Argentina
By Fabric Type
Two-way
Four-way
By Application
Clothing
Sportswear
Home Furnishing
Underwear
Other Casuals
Medical
Diaper
Compression Stockings & Hoses
Other Medical
By Process
Knitting
Weaving
Yarn Covering
Mexico
By By Fabric Type
Two-way
Four-way
By Application
Clothing
Sportswear
Home Furnishing
Underwear
Other Casuals
Medical
Diaper
Compression Stockings & Hoses
Other Medical
By Process
Knitting
Weaving
Yarn Covering
Rest of Latin America
By By Fabric Type
Two-way
Four-way
By Application
Clothing
Sportswear
Home Furnishing
Underwear
Other Casuals
Medical
Diaper
Compression Stockings & Hoses
Other Medical
By Process
Knitting
Weaving
Yarn Covering
Middle East & Africa
Middle East
By Fabric Type
By Fabric Type
Two-way
Four-way
By Application
Clothing
Sportswear
Home Furnishing
Underwear
Other Casuals
Medical
Diaper
Compression Stockings & Hoses
Other Medical
By Process
Knitting
Weaving
Yarn Covering
Africa
By By Fabric Type
Two-way
Four-way
By Application
Clothing
Sportswear
Home Furnishing
Underwear
Other Casuals
Medical
Diaper
Compression Stockings & Hoses
Other Medical
By Process
Knitting
Weaving
Yarn Covering
Company Profiles
Invista*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
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.
“*” marked represents similar segmentation in other categories in the respective section.