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The world spandex fiber market is moderately consolidated, with top 10 players constituting of approximately 66.8% market share.Hyosung Corporation leads the world spandex fiber market in 2015, with a market share of around 18.1%.Asia-Pacific is anticipated to lead the market demand throughout the forecast period, growing at a high CAGR of 9.5% during the forecast period. In 2015, China led the world demand in the spandex fiber market. <br>
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Opportunity Analysis and Industry Forecast, 2016-2023 Spandex Fiber Market is Expected to Reach $10,482 Million by 2022 Global Opportunity Analysis and Industry Forecast, 2014-2022
Spandex Fiber Market “Asia-Pacific is the most attractive market for the new entrants along with industry players, as the growth in number of industries and increased expenditure towards R&D is expected to provide significant opportunities to the entrants.”
Spandex Fiber Market Overview Spandex Fiber Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $10,482 million by 2022, registering a CAGR of 8.8% during the period 2016-2022. It is anticipated that solution dry spinning segment would generate the highest revenue throughout the forecast period. In the year 2015, Asia-Pacific led the global market and is expected to maintain its position throughout the study period. The region is also expected to witness highest growth over the forecast period. Access Full Summary at : https://www.alliedmarketresearch.com/spandex-fiber-market According to Eswara Prasad, Team Lead Chemical Research at AMR, Asia-Pacific is the most attractive market for the new entrants along with industry players, as the growth in number of industries and increased expenditure towards R&D is expected to provide significant opportunities to the entrants.
Spandex Fiber Market Rising demand and growing application scope of spandex fiber in various end-user industries, collaborations and strategic alliances between market players and high performance properties coupled with rising acceptance of spandex fiber are some of the important factors that are expected to drive the market growth over the forecast period. The spandex fiber market report focuses on current market trends and future growth opportunities of spandex fiber, in industries such as textile & clothing, pharmaceuticals and other industries such as automotive, aviation and sports accessories etc. It also emphasizes on the varied production methods such as solution dry spinning, solution wet spinning and other methods such as melt extrusion and reaction spinning for manufacturing of spandex fiber that are commercially available in the market.
Spandex Fiber Market Key Players The spandex fiber manufacturers either use in-house materials or buy from raw material suppliers to process them. Major companies that are prevailing in the world spandex fiber market are Hyosung Corporation, Invista, Asahi Kasei Corporation, Toray Industries, Inc., Indorama Industries Ltd., TK Chemical Corporation, Zhejiang Huafon Spandex Co. Ltd., Xiamen Lilong Spandex Co., Ltd., Yantai Spandex Co., Ltd. and Taekwang Industrial Co. Ltd. Other players in the value chain include Xinxiang Bailu Chemical Fibre Group Co. Ltd., Baoding Swan Spandex Co., Ltd., Spandex Corporation Ltd., Jiangsu Shuangliang Spandex Co., Ltd., Highsun Group, and Yantai Tayho Advanced materials Co. Ltd., etc.
Key Benefits of Spandex Fiber Market • The study provides spandex fiber market analysis in terms of quantitative, with current trends and future estimations through 2014‐2022 to identify the prevailing market opportunities to capitalize on. • Extensive analysis by application and production method predicts the various types of spandex fiber used in different end-user applications. • Competitive intelligence highlights the business practices followed by leading players across various regions. • An in-depth analysis of current research and clinical developments within world spandex fiber market is provided with key dynamic factors that affect the market behavior. • Comprehensive spandex fiber market share analysis across all geographic regions are provided to determine the prevailing opportunities in these geographies. • Key market players and their strategies are analyzed to identify the competitive outlook.
Spandex Fiber Market North America Europe Asia-Pacific LAMEA
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