Spandex Fiber Market by Product Type, Distribution Channel, End User 2024-2032

The global spandex fiber market size reached US$ 8.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 12.5 Billion by 2032, exhibiting a growth rate (CAGR) of 4.6% during 2024-2032.

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1. Global Spandex Fiber Market Research and Forecast Report 2024-2032 Format: PDF+EXCEL © 2023 IMARC All Rights Reserved

2. About IMARC Group IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. Across the six major continents and 100+ countries, we work alongside our business partners as one team with a common ambition to achieve unparalleled results, gain a competitive edge, and transform industries. IMARC Group excels in understanding its clients’ business priorities and delivering tailored solutions that drive meaningful outcomes. Our client base spans over 3,000 organizations in the private, public, and social sectors, ranging from high-growth startups to Fortune 500 companies. We provide a comprehensive suite of market entry and expansion services. Our offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research. These services are designed to assist companies in evaluating market opportunities, setting up new entities, navigating regulatory landscapes, boosting brand visibility, analyzing competitors, and optimizing procurement strategies.

3. Report Highlight and Description According to the latest report by IMARC Group, titled  "Spandex Fiber Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032,"  the  global spandex fiber market size reached US$ 8.2 Billion in 2023. Spandex fiber refers to a synthetic fiber that is well known for its elasticity and can stretch to five to eight times its normal size. It is made up of a long polyurethane chain, also known as elastane or lycra . It is usually used in the manufacturing of swim and bathing suits, athletic, aerobic and exercise apparel, brassiere straps and bra side panels, slacks, hosiery surgical hose, socks, belts, bicycle pants, and shaped garments. It is dyeable, lightweight, and has excellent abrasion compared to other elastic materials. In recent years, spandex fiber has gained traction due to the rapidly changing fashion trends. Request for a PDF sample of this report: https://www.imarcgroup.com/spandex-fiber-market/requestsample

4. Report Description Global Spandex Fiber Market Trends : One of the primary factors driving the market is the increasing product demand in the textile industry for numerous applications, such as tailoring cycling wear, swimming wear, and casual wear. Additionally, spandex fiber is widely used as a raw material in the healthcare sector for the production of baby diapers and surgical gloves, thus creating a positive market outlook. Other than this, it is extensively employed in the automotive sector to make door panel fabrics on account of its elasticity, resistance to ultraviolet light and durability, thereby positively influencing the market growth. Besides this, as governments of various nations are encouraging students to participate in sports, there has been a rising demand for rapid dry and comfortable fabrics for activewear, which is boosting product sales worldwide. Moreover, key players are focusing on partnerships, mergers and acquisitions (M&A), and expansions to enhance product quality and expand their consumer base. Looking forward, IMARC Group expects the market value to reach US$ 12.5 Billion by 2032, expanding at a CAGR of 4.6% during the forecast period (2024-2032). View Report TOC, Figures and Tables : https://www.imarcgroup.com/spandex-fiber-market

5. Report Segmentation Breakup by Fabric Type: Two-Way Four-Way   Breakup by Production Method: Solution Dry Spinning Solution Wet Spinning Others Breakup by Application: Apparel and Clothing Sportswear Casual Wear Inner Wear Medical and Healthcare

6. Report Segmentation Others Home Furnishing Others Breakup by Region: North America Asia-Pacific Europe Latin America Middle East and Africa

7. Competitive Landscape with Key Players Asahi Kasei Corporation BASF SE Huafon Chemical Co. Ltd. Hyosung Corporation Indorama Corporation Invista (Koch Industries Inc.) Mitsubishi Chemical Corporation Taekwang Industrial Co.Ltd Teijin Limited TK Chemical Corporation Toray Industries Inc. Xiamen Lilong Spandex Co. Ltd. Yantai Tayho Advanced Materials Co. Ltd.

8. Key Questions Answered in the Report

9. Table of Contents 1    Preface 2    Scope and Methodology     2.1    Objectives of the Study     2.2    Stakeholders     2.3    Data Sources         2.3.1    Primary Sources         2.3.2    Secondary Sources     2.4    Market Estimation         2.4.1    Bottom-Up Approach         2.4.2    Top-Down Approach     2.5    Forecasting Methodology 3    Executive Summary 4    Introduction     4.1    Overview     4.2    Key Industry Trends 5    Global Spandex Fiber Market     5.1    Market Overview     5.2    Market Performance     5.3    Impact of COVID-19   5.4    Market Forecast 6     Market Breakup by Fabric Type 6.1 Two-Way 6.1.1 Market Trends 6.1.2 Market Forecast 6.2 Four-Way 6.2.1 Market Trends 6.2.2 Market Forecast 7 Market Breakup by Production Method 7.1 Solution Dry Spinning 7.1.1 Market Trends 7.1.2 Market Forecast        

10. Table of Contents 7.2 Solution Wet Spinning 7.2.1 Market Trends 7.2.2 Market Forecast 7.3 Others 7.3.1 Market Trends 7.3.2 Market Forecast 8 Market Breakup by Application 8.1 Apparel and Clothing 8.1.1 Market Trends 8.1.2 Key Segments 8.1.2.1 Sportswear 8.1.2.2 Casual Wear 8.1.2.3 Inner Wear 8.1.2.4 Medical and Healthcare 8.1.2.5 Others 8.1.3 Market Forecast 8.2 Home Furnishing 8.2.1 Market Trends 8.2.2 Market Forecast 8.3 Others 8.3.1 Market Trends 8.3.2 Market Forecast 9 Market Breakup by Region 9.1 North America 9.1.1 United States 9.1.1.1 Market Trends 9.1.1.2 Market Forecast 9.1.2 Canada 9.1.2.1 Market Trends 9.1.2.2 Market Forecast For more information, visit : https://www.imarcgroup.com/spandex-fiber-market/toc

11. Partial List of Clients

12. Partial List of Clients

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