Spandex Fiber Market Report by Trends, Application & Geography – Analysis & Forecast to 2025

1. Adroit Market Research Spandex Spandex Fiber Fiber Market Market by Process (Wet, Dry), Application (Healthcare, Textile) and by Region (North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America), Global Forecasts 2020 to 2025 Single Use License: US$ 4400 Request Sample +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com

2. Adroit Market Research Global Global Spandex Spandex Fiber Fiber Market Size Market Size and Share and Share- -Global Forecast to 2025 Global Forecast to 2025 • The Global Spandex Fiber Market is projected to reach more than 6 USD billion by the end of 2025, growing at a CAGR of more than 7% over the foreseeable future. Spandex soon became popular owing to its toughness. Spandex also has a greater tolerance to dry heat and oil relative to rubber. • The level of comfort and wicking capacity found in Spandex is unprecedented and does not exist at such a high level in any other product. Spandex is used in a constantly growing variety of clothing pieces. • In terms of type, the global spandex market report is segmented into solution dry spinning and solution wet spinning. Solution dry spinning is expected to maintain its dominance over the forecast period. In term of application, the global spandex fiber market is segmented into textile and healthcare. It is well known that spandex is commonly used in the textile industry. However, this is also a valuable cloth for hospitality and manufacturing organizations. • Spandex fabrics are mostly used in garments where fit and comfort both are required. For instance, leggings, shorts, wetsuits, leotards, zentai suits, triathlon suits, etc. It is also used in the manufacture of household items such as microbeads pillows and fitted sheets. One of the lesser recognized applications of spandex is event preparation and indoor decoration. +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com

3. Adroit Market Research Global Global Spandex Spandex Fiber Fiber Market Market Size and Share Size and Share- -Global Forecast to 2025 Global Forecast to 2025 • In terms of type, the global spandex fiber is segmented into solution dry spinning and solution wet spinning. More than 90 per cent of worldwide spandex fibers is produced using the dry spinning solution. The initial step is to produce the prepolymer. In addition, the prepolymer interacts with the same amount of diamine. The, the spinning solution is then injected into a cylindrical spinning cell and transformed into fibre. • In terms of application the spandex fiber market is segmented into textile and healthcare. Textile accounts for a majority of the market share owing to its application across belts, gloves, socks, tights, swimwear, jersey and shorts, exercise apparel, leotards, triathlon suits, wetsuits, zentai suits, leggings, shorts, skinny jeans, ski pants, yoga pants, compression garments, and shape garments, etc. • Spandex is very sensitive to heat due its chemical formation and does not absorb liquid. Hence, washing spandex fiber in hot water or ironing might damage the fabric. • The global market of technical ceramics is also segmented into various geographies such as North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America. Asia Pacific accounted for a major market revenue share owing to the presence of China and India. Key players include Hyosung Corporation, Teijin Limited, Far Eastern New Century Corporation, Asahi Kasei Corporation, Toray Industries Inc., Acelon Chemical and Fiber Corporation, Toyobo Co., Ltd, Indorama Corporation, Invista. +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com

4. Adroit Market Research Global Global Spandex Spandex Fiber Fiber Market Size Market Size and Share and Share- -Global Forecast to 2025 Global Forecast to 2025 Key Segments Across Spandex Fiber Market • Type Overview, 2018-2025, (USD Billion) (Million Tons) • Solution dry spinning • Solution wet spinning • Applications Overview, 2018-2025, (USD Billion) (Million Tons) • Textile • Healthcare • Regional Overview, 2018-2025, (USD Billion) (Million Tons) • North America • Europe • Asia Pacific • Central & South America • Middle East & Africa +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com

5. Adroit Market Research About Us About Us Adroit Market Research is an India-based business analytics and consulting company. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps. Our analysts have tracked high growth markets in chemicals & materials, healthcare & pharmaceuticals, semiconductor & electronics, energy & power, food & retail, consumer goods, technology, and machinery & equipment sectors across the world to identify new opportunities, potential customers, prepare go-to-market (GTM) strategies, identify segments for revenue growth for companies, and many more. Contact Us US Headquarters Phone: +1 (214) 884-6068 Email: sales@adroitmarketresearch.com 3131 McKinney Ave Ste 600 Dallas, TX 75204 ,U.S.A +1 (214) 884-6068 sales@adroitmarketresearch.com www.adroitmarketresearch.com