Spandex fiber, also known as lycra or elastane, is a long-chain polyurethane-polyurea copolymer that is made out of adaptable large-scale glycol sections and unbending di-isocyanate fragments organized in a particular order.
Market Data Analysis:
The global Spandex Fiber market is estimated to be USD 8,952 million in 2019 and is expected to reach USD 15,754 million by 2026, with a CAGR of 8.41% during the forecast period.
Spandex Fiber global market is significantly rising across the globe on the back of Increase in disposable income in emerging economies such as China, India, and Japan. Moreover, an increasing market for compress bandages is also projected to propel the growth of the market.
Asia-Pacific was the major revenue generating region in 2018 with a share of 32.35% and is expected to garner growth in the coming years. The growing population and economic growth are bolstered sales of Spandex Fiber, thereby influencing future growth prospects of the market in this region. India is the fast-growing region in Asia-Pacific, owing to increasing foreign investments and improvement in the living standards of people. North America is the second largest market with a share of 29.76%, followed by Europe, accounting for 27.84%. The United States is the major market in North America.
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Market Classification:
Global Spandex Fiber market: Type segments
l Solution Dry Spinning
l Solution Wet Spinning
Global Spandex Fiber market: Application segments
l Textiles
l Healthcare
The textiles segment held the largest market share in 2018 and is expected to show growth during the forecast period, owing to an increase in demand for apparels on account of increasing disposable income in the developing countries.
Global Spandex Fiber market: regional segments
l North America (United States, Canada, and Mexico)
l Europe (Germany, France, UK, Russia, and Italy)
l Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
l South America (Brazil, Argentina, Columbia)
l The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
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To gain insight into the competitive landscape, the report includes an overview of key players in the Spandex Fiber market, including DuPont, Teijin Limited, Far Eastern New Century Corporation, Asahi Kasei Corporation, Toray Industries, Acelon Chemical and Fiber Corporation, Toyobo, Indorama Corporation, Invista, etc. These participants have adopted various growth strategies to meet the growing demand for Spandex Fiber market and to increase their market share.
Spandex Fiber Market Intended Audience:
l Spandex Fiber manufacturers
l Spandex Fiber importers and exporters
l Spandex Fiber traders, distributors, and suppliers
l Raw material suppliers of Spandex Fiber
l Spandex Fiber industry associations
l Product managers, Spandex Fiber industry administrator, C-level executives of the industries
l Market Research and consulting firms
l Healthcare organizations
l Small and Medium-sized Enterprises (SMEs)
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Spandex Fiber Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Spandex Fiber Market by Types
4 Segmentation of Spandex Fiber Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Spandex Fiber Market in Major Countries
7 North America Spandex Fiber Landscape Analysis
8 Europe Spandex Fiber Landscape Analysis
9 Asia Pacific Spandex Fiber Landscape Analysis
10 Latin America, Middle East & Africa Spandex Fiber Landscape Analysis
11 Major Players Profile
11.1 DuPont
11.1.1 DuPont Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Teijin Limited
11.3 Far Eastern New Century Corporation
11.4 Asahi Kasei Corporation
11.5 Toray Industries
11.6 Acelon Chemical and Fiber Corporation
11.7 Toyobo
11.8 Indorama Corporation
11.9 Invista
…
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