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The spandex fiber market is forecasted to grow by USD 4.03 billion during 2023-2028, accelerating at a CAGR of 7.2% during the forecast period. The report on the spandex fiber market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing usage in automotive industry, rising innovative product launches, and growing memberships in health and fitness clubs.
The spandex fiber market is segmented as below:
By Application
- Apparel and clothing
- Medical
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the spandex fiber market covers the following areas:
- Spandex Fiber Market sizing
- Spandex Fiber Market forecast
- Spandex Fiber Market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Application
9 Customer Landscape
10 Geographic Landscape
11 Drivers, Challenges, and Opportunity/Restraints
12 Competitive Landscape
13 Competitive Analysis
14 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global spandex fiber market: Asahi Kasei Corp., BASF SE, Huafon Group Co. Ltd., Hyosung Corp., Indorama Corp., Taekwang Group, Teijin Ltd., TK Chemical Co. Ltd., Toray Industries Inc., Xiamen Lilong Spandex Co. Ltd., and Yantai Tayho Advanced Materials Co. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing use of spandex fiber in swimming and sports clothing."
According to the report, one of the major drivers for this market is the increasing usage in automotive industry.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Asahi Kasei Corp.
- BASF SE
- Huafon Group Co. Ltd.
- Hyosung Corp.
- Indorama Corp.
- Taekwang Group
- Teijin Ltd.
- TK Chemical Co. Ltd.
- Toray Industries Inc.
- Xiamen Lilong Spandex Co. Ltd.
- Yantai Tayho Advanced Materials Co. Ltd.
