The global spandex yarn market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 2.2 billion by 2030. The growth of the market can be attributed to the increasing demand for spandex yarn in various applications such as apparel and clothing, medical and healthcare, and others. The global spandex yarn market is segmented on the basis of type into solution dry spinning and solution wet spinning; on the basis of application into apparel & clothing, medical & healthcare; and on the basis of region into North America, Latin America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA). The APAC region accounted for a major share in terms of revenue in 2017 owing to its high demand for spandex yarn from various applications such as apparel & clothing and medical & healthcare.
Some Of The Growth Factors Of This Market:
- Spandex is a synthetic fiber that is elastic and durable.
- It has a high resistance to abrasion, which makes it ideal for use in activewear and other garments that are worn close to the skin.
- The demand for spandex yarns has been increasing due to its wide range of applications in various industries such as textiles, automotive, medical, sports goods etc, which have been driving the growth of this market.
- The rising demand for stretchable fabrics owing to their comfort properties will also be one of the key factors driving this market.
Industry Growth Insights published a new data on “Spandex Yarn Market”. The research report is titled “Spandex Yarn Market research by Types (Solution Dry Spinning, Solution Wet Spinning, Others), By Applications (Apparel & Clothing, Medical & Healthcare, Others), By Players/Companies Hyosung Corporation, Zhejiang Huafon Spandex, Invista, ZheJiang Huahai Machinery Group, Highsun Group, Xinxiang Bailu Chemical Fibre Group, Asahi Kasei Corporation, Yantai Tayho Advanced materials, Jiangsu Shuangliang Spandex, Taekwang Industrial, TK Chemical Corporation, Xiamen Lilong Spandex, Indorama Corporation, Toray Industries”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Spandex Yarn Market Research Report
By Type
Solution Dry Spinning, Solution Wet Spinning, Others
By Application
Apparel & Clothing, Medical & Healthcare, Others
By Companies
Hyosung Corporation, Zhejiang Huafon Spandex, Invista, ZheJiang Huahai Machinery Group, Highsun Group, Xinxiang Bailu Chemical Fibre Group, Asahi Kasei Corporation, Yantai Tayho Advanced materials, Jiangsu Shuangliang Spandex, Taekwang Industrial, TK Chemical Corporation, Xiamen Lilong Spandex, Indorama Corporation, Toray Industries
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Spandex Yarn Market Report Segments:
The global Spandex Yarn market is segmented on the basis of:
Types
Solution Dry Spinning, Solution Wet Spinning, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Apparel & Clothing, Medical & Healthcare, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hyosung Corporation
- Zhejiang Huafon Spandex
- Invista
- ZheJiang Huahai Machinery Group
- Highsun Group
- Xinxiang Bailu Chemical Fibre Group
- Asahi Kasei Corporation
- Yantai Tayho Advanced materials
- Jiangsu Shuangliang Spandex
- Taekwang Industrial
- TK Chemical Corporation
- Xiamen Lilong Spandex
- Indorama Corporation
- Toray Industries
Highlights of The Spandex Yarn Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Solution Dry Spinning
- Solution Wet Spinning
- Others
- By Application:
- Apparel & Clothing
- Medical & Healthcare
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Spandex Yarn Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Spandex yarn is a type of synthetic fiber that is made from the polymer spandex. It is often used in athletic clothing and other items because it has a high elasticity and can be stretched many times without breaking.
Some of the major players in the spandex yarn market are Hyosung Corporation, Zhejiang Huafon Spandex, Invista, ZheJiang Huahai Machinery Group, Highsun Group, Xinxiang Bailu Chemical Fibre Group, Asahi Kasei Corporation, Yantai Tayho Advanced materials, Jiangsu Shuangliang Spandex, Taekwang Industrial, TK Chemical Corporation, Xiamen Lilong Spandex, Indorama Corporation, Toray Industries.
The spandex yarn market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Spandex Yarn Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Spandex Yarn Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Spandex Yarn Market - Supply Chain
4.5. Global Spandex Yarn Market Forecast
4.5.1. Spandex Yarn Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Spandex Yarn Market Size (000 Units) and Y-o-Y Growth
4.5.3. Spandex Yarn Market Absolute $ Opportunity
5. Global Spandex Yarn Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Spandex Yarn Market Size and Volume Forecast by Type
5.3.1. Solution Dry Spinning
5.3.2. Solution Wet Spinning
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Spandex Yarn Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Spandex Yarn Market Size and Volume Forecast by Application
6.3.1. Apparel & Clothing
6.3.2. Medical & Healthcare
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Spandex Yarn Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Spandex Yarn Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Spandex Yarn Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Spandex Yarn Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Spandex Yarn Demand Share Forecast, 2019-2026
9. North America Spandex Yarn Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Spandex Yarn Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Spandex Yarn Market Size and Volume Forecast by Application
9.4.1. Apparel & Clothing
9.4.2. Medical & Healthcare
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Spandex Yarn Market Size and Volume Forecast by Type
9.7.1. Solution Dry Spinning
9.7.2. Solution Wet Spinning
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Spandex Yarn Demand Share Forecast, 2019-2026
10. Latin America Spandex Yarn Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Spandex Yarn Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Spandex Yarn Market Size and Volume Forecast by Application
10.4.1. Apparel & Clothing
10.4.2. Medical & Healthcare
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Spandex Yarn Market Size and Volume Forecast by Type
10.7.1. Solution Dry Spinning
10.7.2. Solution Wet Spinning
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Spandex Yarn Demand Share Forecast, 2019-2026
11. Europe Spandex Yarn Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Spandex Yarn Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Spandex Yarn Market Size and Volume Forecast by Application
11.4.1. Apparel & Clothing
11.4.2. Medical & Healthcare
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Spandex Yarn Market Size and Volume Forecast by Type
11.7.1. Solution Dry Spinning
11.7.2. Solution Wet Spinning
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Spandex Yarn Demand Share, 2019-2026
12. Asia Pacific Spandex Yarn Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Spandex Yarn Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Spandex Yarn Market Size and Volume Forecast by Application
12.4.1. Apparel & Clothing
12.4.2. Medical & Healthcare
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Spandex Yarn Market Size and Volume Forecast by Type
12.7.1. Solution Dry Spinning
12.7.2. Solution Wet Spinning
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Spandex Yarn Demand Share, 2019-2026
13. Middle East & Africa Spandex Yarn Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Spandex Yarn Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Spandex Yarn Market Size and Volume Forecast by Application
13.4.1. Apparel & Clothing
13.4.2. Medical & Healthcare
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Spandex Yarn Market Size and Volume Forecast by Type
13.7.1. Solution Dry Spinning
13.7.2. Solution Wet Spinning
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Spandex Yarn Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Spandex Yarn Market: Market Share Analysis
14.2. Spandex Yarn Distributors and Customers
14.3. Spandex Yarn Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Hyosung Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Zhejiang Huafon Spandex
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Invista
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ZheJiang Huahai Machinery Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Highsun Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Xinxiang Bailu Chemical Fibre Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Asahi Kasei Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Yantai Tayho Advanced materials
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Jiangsu Shuangliang Spandex
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Taekwang Industrial
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. TK Chemical Corporation
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Xiamen Lilong Spandex
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Indorama Corporation
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Toray Industries
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook