Spandex Fiber Market Size to reach $6 billion by 2025

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Spandex Fiber Market

• by Process (Wet, Dry), Application (Healthcare,
  Textile) and by Region (North America, Europe,
  Asia Pacific, Middle East Africa, and Central
  South America), Global Forecasts 2020 to 2025

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Global Spandex Fiber Market Size and Share-Global
Forecast to 2025

• The Global Spandex Fiber Market is projected to
  reach more than 6 USD billion by the end of 2025,
  growing at a CAGR of more than 7 over the
  foreseeable future. Spandex soon became popular
  owing to its toughness. Spandex also has a
  greater tolerance to dry heat and oil relative to
  rubber.
• The level of comfort and wicking capacity found
  in Spandex is unprecedented and does not exist at
  such a high level in any other product. Spandex
  is used in a constantly growing variety of
  clothing pieces.
• In terms of type, the global spandex market
  report is segmented into solution dry spinning
  and solution wet spinning. Solution dry spinning
  is expected to maintain its dominance over the
  forecast period. In term of application, the
  global spandex fiber market is segmented into
  textile and healthcare. It is well known that
  spandex is commonly used in the textile industry.
  However, this is also a valuable cloth for
  hospitality and manufacturing organizations.
• Spandex fabrics are mostly used in garments where
  fit and comfort both are required. For instance,
  leggings, shorts, wetsuits, leotards, zentai
  suits, triathlon suits, etc. It is also used in
  the manufacture of household items such as
  microbeads pillows and fitted sheets. One of the
  lesser recognized applications of spandex is
  event preparation and indoor decoration.

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Global Spandex Fiber Market Size and Share-Global
Forecast to 2025

• In terms of type, the global spandex fiber is
  segmented into solution dry spinning and solution
  wet spinning. More than 90 per cent of worldwide
  spandex fibers is produced using the dry spinning
  solution. The initial step is to produce the
  prepolymer. In addition, the prepolymer interacts
  with the same amount of diamine. The, the
  spinning solution is then injected into a
  cylindrical spinning cell and transformed into
  fibre.
• In terms of application the spandex fiber market
  is segmented into textile and healthcare. Textile
  accounts for a majority of the market share owing
  to its application across belts, gloves, socks,
  tights, swimwear, jersey and shorts, exercise
  apparel, leotards, triathlon suits, wetsuits,
  zentai suits, leggings, shorts, skinny jeans, ski
  pants, yoga pants, compression garments, and
  shape garments, etc.
• Spandex is very sensitive to heat due its
  chemical formation and does not absorb liquid.
  Hence, washing spandex fiber in hot water or
  ironing might damage the fabric.
• The global market of technical ceramics is also
  segmented into various geographies such as North
  America, Europe, Asia Pacific, Middle East
  Africa, and Central South America. Asia Pacific
  accounted for a major market revenue share owing
  to the presence of China and India. Key players
  include Hyosung Corporation, Teijin Limited, Far
  Eastern New Century Corporation, Asahi Kasei
  Corporation, Toray Industries Inc., Acelon
  Chemical and Fiber Corporation, Toyobo Co., Ltd,
  Indorama Corporation, Invista.

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Global Spandex Fiber Market Size and Share-Global
Forecast to 2025

• Key Segments Across Spandex Fiber Market
• Type Overview, 2018-2025, (USD Billion) (Million
  Tons)
• Solution dry spinning
• Solution wet spinning
• Applications Overview, 2018-2025, (USD Billion)
  (Million Tons)
• Textile
• Healthcare
• Regional Overview, 2018-2025, (USD Billion)
  (Million Tons)
• North America
• Europe
• Asia Pacific
• Central South America
• Middle East Africa

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