Spandex Market – Future Scope ,Industry Trends and Forecast to 2026

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Spandex Market Future Scope ,Industry Trends
and Forecast to 2026
Spandex Market By Production Process (Dry
Spinning, Wet Spinning), Application (Clothing,
Medical, Others), Fabric Type (Two-Way,
Four-Way), Downstream Processes (Knitting,
Weaving, Yarn Covering), Geography (North
America, Europe, Asia-Pacific, South America,
Middle East and Africa) Industry Trends and
Forecast to 2026
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Report Description
Global spandex market is expected to register a
substantial CAGR of 9.23 in the forecast period
of 2019-2026. The report contains data from the
base year of 2018 and the historic year of 2017.
This rise in market value can be attributed to
the rising levels of population worldwide
equipped with higher volume of disposable
income. Spandex is a type of synthetic fiber
generally characterized due to its significant
elasticity capability. Due to its high elasticity
rate, it finds its application in a wide-variety
of clothing and medical products development.
This name spandex is coined as an anagram of
the word expand and was termed due to its
ability to expand to significant lengths.
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Major Key Players

• Some of the major players operating in this
  market are
• INVIYA
• TORAY INDUSTRIES, INC.
• INVISTA
• Asahi Kasei Corporation
• HYOSUNG
• Zhejiang Huafon Spandex
• Yantai Tayho Advanced Materials Co.,Ltd.
• TK Chemical Corporation
• TAEKWANG INDUSTRIAL CO.,LTD.

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Market Segmentation

• By Production Process (Dry Spinning, Wet
  Spinning)
• By Fabric Type (Two-Way, Four-Way)
• By Application (Clothing, Medical, Others)

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Regional Analysis

• Based on geography, the market is segmented into
  five geographical regions
• North America
• Europe
• Asia-Pacific
• South America
• Middle East
• Africa

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