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Spandex Market

Spandex - Global Market Outlook (2019-2027)

4.7 (27 reviews)
Published: July 2020 ID: SMRC19600
4.7 (27 reviews)
Published: July 2020 ID: SMRC19600

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Spandex Market is accounted for $4.12 billion in 2019 and is expected to reach $9.29 billion by 2027 growing at a CAGR of 10.7% during the forecast period. Rising levels of utilization of spandex for development of stretchable fabric clothing and technological advancements to enhance the quality of spandex growth are few factors driving the growth of the market. However, the presence of various strict regulations and compliances regarding the reduction of emission and carbon footprint are hindering the growth of the market.

Spandex is a type of synthetic fiber generally characterized due to its significant elasticity capability. Spandex fiber is a manufactured fiber in which the fibre-forming substance is a long-chain synthetic polymer comprised of segmented polyurethane.

Based on the application, the apparel & clothing segment is anticipated to hold considerable market share during the forecast period due to the increasing demand for activewear, sportswear, intimate wear, yoga pants, cycling shorts and jerseys, swimwear, etc. and technology advancement with moisture management properties coupled with performance efficiency. By geography, North America is going to have a lucrative growth during the forecast period owing to increasing sportswear demand, improved standard of living coupled with increasing disposable incomes, rising health consciousness and growing production facilities.

Some of the key players profiled in the Spandex Market include Zhejiang Huafon Spandex Co. Ltd., Invista, Xiamen Lilong Spandex Co. Ltd., Toray Industries, TK Chemical Corp., Taekwang Industrial Co., Ltd, Mitsubishi Chemical Corporation, Jiangsu Shaungliang Spandex Co., Ltd., Indorama Industries Ltd, Hyosung Corporation, Far Eastern New Century Corporation, Du Pont, BASF SE, Asahi Kasei Corporation, and Yantai Tayho Advanced Material Corporation Ltd. 

Fabric Types Covered:
• Two-Way Spandex
• Four-Way Spandex

Downstream Processes Covered:
• Weaving
• Knitting
• Covered Yarn   

Production Processes Covered:
• Melt Extrusion
• Reaction Spinning
• Wet Spinning
• Dry Spinning

Applications Covered:
• Apparel & Clothing
• Medical & Healthcare
• Automotive Textile
• Home Furnishing
• Textile
• Upholstery

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliance

1 Executive Summary        
          
2 Preface  
       
 2.1 Abstract        
 2.2 Stake Holders       
 2.3 Research Scope       
 2.4 Research Methodology      
  2.4.1 Data Mining      
  2.4.2 Data Analysis      
  2.4.3 Data Validation      
  2.4.4 Research Approach      
 2.5 Research Sources       
  2.5.1 Primary Research Sources     
  2.5.2 Secondary Research Sources     
  2.5.3 Assumptions      
          
3 Market Trend Analysis       
 3.1 Introduction       
 3.2 Drivers        
 3.3 Restraints       
 3.4 Opportunities       
 3.5 Threats        
 3.6 Application Analysis      
 3.7 End User Analysis       
 3.8 Emerging Markets       
 3.9 Impact of Covid-19       
          
4 Porters Five Force Analysis       
 4.1 Bargaining power of suppliers      
 4.2 Bargaining power of buyers      
 4.3 Threat of substitutes      
 4.4 Threat of new entrants      
 4.5 Competitive rivalry       
          
5 Global Spandex Market, By Fabric Type      
 5.1 Introduction       
 5.2 Two-Way Spandex       
 5.3 Four-Way Spandex       
          
6 Global Spandex Market, By Downstream Process      
 6.1 Introduction       
 6.2 Weaving        
 6.3 Knitting        
 6.4 Covered Yarn       
          
7 Global Spandex Market, By Production Process     
 7.1 Introduction       
 7.2 Melt Extrusion       
 7.3 Reaction Spinning       
 7.4 Wet Spinning       
 7.5 Dry Spinning       
          
8 Global Spandex Market, By Application      
 8.1 Introduction       
 8.2 Apparel & Clothing       
  8.2.1 Swimwear      
  8.2.2 Sportswear      
  8.2.3 Shapewear      
  8.2.4 Ready To Wear      
  8.2.5 Lingerie/Underwear     
  8.2.6 Activewear      
  8.2.7 Other Apparel & Clothings     
   8.2.7.1 Denim      
   8.2.7.2 Casual Clothing     
 8.3 Medical & Healthcare      
  8.3.1 Diapers/Hygiene      
  8.3.2 Compression Stockings & Hoses    
  8.3.3 Bandages       
 8.4 Automotive Textile       
 8.5 Home Furnishing       
 8.6 Textile        
 8.7 Upholstery       
          
9 Global Spandex Market, By End User      
 9.1 Introduction       
 9.2 Retail        
 9.3 Auto & Industrial       
 9.4 Manufacturing       
 9.5 Food & Beverage       
 9.6 Chemical        
          
10 Global Spandex Market, By Geography      
 10.1 Introduction       
 10.2 North America       
  10.2.1 US       
  10.2.2 Canada       
  10.2.3 Mexico       
 10.3 Europe        
  10.3.1 Germany       
  10.3.2 UK        
  10.3.3 Italy       
  10.3.4 France       
  10.3.5 Spain       
  10.3.6 Rest of Europe      
 10.4 Asia Pacific       
  10.4.1 Japan       
  10.4.2 China       
  10.4.3 India       
  10.4.4 Australia       
  10.4.5 New Zealand       
  10.4.6 South Korea      
  10.4.7 Rest of Asia Pacific      
 10.5 South America       
  10.5.1 Argentina      
  10.5.2 Brazil       
  10.5.3 Chile       
  10.5.4 Rest of South America     
 10.6 Middle East & Africa      
  10.6.1 Saudi Arabia      
  10.6.2 UAE       
  10.6.3 Qatar       
  10.6.4 South Africa      
  10.6.5 Rest of Middle East & Africa     
          
11 Key Developments        
 11.1 Agreements, Partnerships, Collaborations and Joint Ventures   
 11.2 Acquisitions & Mergers      
 11.3 New Product Launch      
 11.4 Expansions       
 11.5 Other Key Strategies      
          
12 Company Profiling        
 12.1 Zhejiang Huafon Spandex Co. Ltd.     
 12.2 Invista        
 12.3 Xiamen Lilong Spandex Co. Ltd.     
 12.4 Toray Industries       
 12.5 TK Chemical Corp.       
 12.6 Taekwang Industrial Co., Ltd       
 12.7 Mitsubishi Chemical Corporation     
 12.8 Jiangsu Shaungliang Spandex Co., Ltd.     
 12.9 Indorama Industries Ltd      
 12.10 Hyosung Corporation      
 12.11 Far Eastern New Century Corporation     
 12.12 Du Pont        
 12.13 BASF SE        
 12.14 Asahi Kasei Corporation      
 12.15 Yantai Tayho Advanced Material Corporation Ltd    


List of Tables         
1 Global Spandex Market Outlook, By Region (2018-2027) ($MN)   
2 Global Spandex Market Outlook, By Fabric Type (2018-2027) ($MN)   
3 Global Spandex Market Outlook, By Two-Way Spandex (2018-2027) ($MN)  
4 Global Spandex Market Outlook, By Four-Way Spandex (2018-2027) ($MN)  
5 Global Spandex Market Outlook, By Downstream Process (2018-2027) ($MN)  
6 Global Spandex Market Outlook, By Weaving (2018-2027) ($MN)   
7 Global Spandex Market Outlook, By Knitting (2018-2027) ($MN)   
8 Global Spandex Market Outlook, By Covered Yarn (2018-2027) ($MN)   
9 Global Spandex Market Outlook, By Production Process (2018-2027) ($MN)  
10 Global Spandex Market Outlook, By Melt Extrusion (2018-2027) ($MN)   
11 Global Spandex Market Outlook, By Reaction Spinning (2018-2027) ($MN)  
12 Global Spandex Market Outlook, By Wet Spinning (2018-2027) ($MN)   
13 Global Spandex Market Outlook, By Dry Spinning (2018-2027) ($MN)   
14 Global Spandex Market Outlook, By Application (2018-2027) ($MN)   
15 Global Spandex Market Outlook, By Apparel & Clothing (2018-2027) ($MN)  
16 Global Spandex Market Outlook, By Swimwear (2018-2027) ($MN)   
17 Global Spandex Market Outlook, By Sportswear (2018-2027) ($MN)   
18 Global Spandex Market Outlook, By Shapewear (2018-2027) ($MN)   
19 Global Spandex Market Outlook, By Ready To Wear (2018-2027) ($MN)   
20 Global Spandex Market Outlook, By Lingerie/Underwear (2018-2027) ($MN)  
21 Global Spandex Market Outlook, By Activewear (2018-2027) ($MN)   
22 Global Spandex Market Outlook, By Other Apparel & Clothings (2018-2027) ($MN)  
23 Global Spandex Market Outlook, By Medical & Healthcare (2018-2027) ($MN)  
24 Global Spandex Market Outlook, By Diapers/Hygiene (2018-2027) ($MN)   
25 Global Spandex Market Outlook, By Compression Stockings & Hoses (2018-2027) ($MN) 
26 Global Spandex Market Outlook, By Bandages (2018-2027) ($MN)   
27 Global Spandex Market Outlook, By Automotive Textile (2018-2027) ($MN)  
28 Global Spandex Market Outlook, By Home Furnishing (2018-2027) ($MN)    
29 Global Spandex Market Outlook, By Textile (2018-2027) ($MN)   
30 Global Spandex Market Outlook, By Upholstery (2018-2027) ($MN)   
31 Global Spandex Market Outlook, By End User (2018-2027) ($MN)   
32 Global Spandex Market Outlook, By Retail (2018-2027) ($MN)    
33 Global Spandex Market Outlook, By Auto & Industrial (2018-2027) ($MN)   
34 Global Spandex Market Outlook, By Manufacturing (2018-2027) ($MN)   
35 Global Spandex Market Outlook, By Food & Beverage (2018-2027) ($MN)   
36 Global Spandex Market Outlook, By Chemical (2018-2027) ($MN)   
          
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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