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The global Spandex Fabric market was valued at US$ 5692.9 million in 2022 and is projected to reach US$ 7123.2 million by 2029, at a CAGR of 3.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
This report studies the Spandex Fiber market, Spandex Fiber is a manufactured fiber in which the fiber forming substance is a long-chain synthetic polymer comprised of at least 85% of segmented polyurethane. Spandex fiber is a synthetic fiber known for its exceptional elasticity (stretch ability).
Characteristics of Spandex Fiber:
1. Can be stretched repeatedly and still recover to very near its original length and shape
2. Generally, can be stretched more than 500% without breaking
3. Stronger, more durable and higher retractive force than rubber
4. Lightweight, soft, smooth, supple
5. In garments, provides a combination of comfort and fit, prevents bagging and sagging
6. Heat-settable ? facilitates transforming puckered fabrics into flat fabrics, or flat fabrics into permanent rounded shapes
7. Dyeable
8. Resistant to deterioration by body oils, perspiration, lotions or detergents
9. Abrasion resistant
10. When fabrics containing spandex are sewn, the needle causes little or no damage from ?needle cutting? compared to the older types of elastic materials
11. Available in fiber diameters range from 10 deniers to 2500 denier
12. Available in clear and opaque lusters.
This report aims to provide a comprehensive presentation of the global market for Spandex Fabric, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Spandex Fabric. This report contains market size and forecasts of Spandex Fabric in global, including the following market information:
Global Spandex Fiber key players include Hyosung Corporation, Zhejiang Huafon Spandex Co. Ltd., ZheJiang Huahai Machinery Group, Highsun Group, Xinxiang Bailu Chemical Fibre Group Co. Ltd., etc. Global top five players hold a share about 55%.
China is the largest market, with a share about 60%, followed by North America and Europe, having a total share about 15 percent.
In terms of product, Solution Dry Spinning is the largest segment, with a share about 80%. And in terms of application, the largest application is Apparel and Clothing, followed by Medical and Healthcare, etc.
We has surveyed the Spandex Fabric manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Spandex Fabric Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Spandex Fabric Market Segment Percentages, by Type, 2022 (%)
Global Spandex Fabric Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Spandex Fabric Market Segment Percentages, by Application, 2022 (%)
Global Spandex Fabric Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Spandex Fabric Market Segment Percentages, By Region and Country, 2022 (%)
The report also provides analysis of leading market participants including:
Outline of Major Chapters:
Chapter 1: Introduces the definition of Spandex Fabric, market overview.
Chapter 2: Global Spandex Fabric market size in revenue and volume.
Chapter 3: Detailed analysis of Spandex Fabric manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Spandex Fabric in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Spandex Fabric capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.