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Spandex Market Size, Share & Trends Analysis Report By Technology (Wet-spinning, Solution Dry-spinning), By Application (Clothing, Medical), By Region (APAC, North America, MEA), And Segment Forecasts, 2020 - 2027

June 2020 | 103 pages | ID: SB41C22C665BEN
Grand View Research, Inc.

US$ 5,950.00

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Spandex Market Growth & Trends

The global spandex market size is expected to reach USD 8.8 billion by 2027 registering a CAGR of 2.2%, according to a new report by Grand View Research, Inc. Rapid expansion of the textile industry coupled with rising demand for sportswear, active wear, diapers, intimate wear, etc. is projected to propel the market growth. Benefits of spandex fibers including lightweight, resistance to perspiration, superior elasticity, excellent strength, and durability are projected to promote its use in applications including clothing, medical, and others.

Spandex is increasingly being used in the manufacturing of medical products including compress bandages, stretchable bandages, surgical hose, etc. Rising demand for medical products across the globe on account of the increasing number of healthcare centers is expected to augment the product demand further. Raw materials used in the manufacturing of spandex include Polytetramethylene Ether Glycol (PTEG) and MDI that are derived from petrochemical feedstock. Stringent government regulations across the economies to curb the carbon footprints is projected to limit the expansion of the spandex market.

Spandex Market Report Highlights
  • The clothing application segment is projected to register the fastest CAGR from 2020 to 2027 on account of the growing demand for sportswear, swimwear, yoga pants, under garments, and others
  • The solution dry-spinning process accounted for the maximum market share of 95.2% in 2019 and is projected to register at a steady CAGR from 2020 to 2027 owing to the multiple benefits of the process including higher spinning speed and flexibility
  • Asia Pacific led the global market in 2019 owing to the expansion of textile industry in China, India, Indonesia, and several other economies
  • Growing production of spandex in U.S. on account of the rising demand for active wear, sportswear, inner wear, and others is projected to drive the North America regional market
  • China accounted for the highest market share in Asia Pacific due to the growing number of production facilities in the country
CHAPTER 1. METHODOLOGY AND SCOPE

1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
  1.3.1. Purchased Database
  1.3.2. GVR’s Internal Database
  1.3.3. Secondary Sources & Third - Party Perspectives
  1.3.4. Primary Research
1.4. Information Analysis
  1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

CHAPTER 2. EXECUTIVE SUMMARY

2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights

CHAPTER 3. SPANDEX MARKET VARIABLES, TRENDS, & SCOPE

3.1. Market Lineage Outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.4. Raw material Trends
3.5. Regulatory Framework
3.6. Market Dynamics
  3.6.1. Market Driver Analysis
    3.6.1.1. Superior properties of spandex
    3.6.1.2. Increasing applications of the products across various industries
  3.6.2. Market Restraint Analysis
    3.6.2.1. Fluctuating raw material prices
3.7. Business Environment Analysis: Spandex Market
  3.7.1. Industry Analysis - Porter’s
    3.7.1.1. Supplier Power
    3.7.1.2. Buyer Power
    3.7.1.3. Substitution Threat
    3.7.1.4. Threat from New Entrant
    3.7.1.5. Competitive Rivalry
  3.7.2. PESTEL Analysis
    3.7.2.1. Political Landscape
    3.7.2.2. Environmental Landscape
    3.7.2.3. Social Landscape
    3.7.2.4. Technology Landscape
    3.7.2.5. Economic Landscape
    3.7.2.6. Legal Landscape

CHAPTER 4. SPANDEX MARKET: APPLICATION ESTIMATES & TREND ANALYSIS

4.1. Spandex Market - Application Movement Analysis, 2019 & 2027
4.2. Clothing
  4.2.1. Market estimates and forecasts, 2016 - 2027 (Kilotons) (USD Million)
4.3. Medical
  4.3.1. Market estimates and forecasts, 2016 - 2027(Kilotons) (USD Million)
4.4. Others
  4.4.1. Market estimates and forecasts, 2016 - 2027 (Kilotons) (USD Million)

CHAPTER 5. SPANDEX MARKET: TECHNOLOGY ESTIMATES & TREND ANALYSIS

5.1. Spandex Market - Technology Movement Analysis, 2019 & 2027
5.2. Solution Dry - Spinning
  5.2.1. Market estimates and forecasts, in passenger cars, 2016 - 2027 (Kilotons) (USD Million)
5.3. Wet Spinning
  5.3.1Market estimates and forecasts, in commercial vehicles, 2016 - 2027 (Kilotons) (USD Million)
5.4. Others
  5.4.1. Market estimates and forecasts, in two wheelers, 2016 - 2027 (Kilotons) (USD Million)

CHAPTER 6. SPANDEX MARKET: REGIONAL ESTIMATES & TREND ANALYSIS

6.1. Spandex Market: Regional Movement Analysis, 2019 & 2027
6.2. North America
  6.2.1. Market estimates and forecasts, 2016 - 2027 (Kilotons) (USD Million)
  6.2.2. Market estimates and forecasts, by application, 2016 - 2027 (Kilotons) (USD Million)
  6.2.3. Market estimates and forecasts, by technology, 2016 - 2027 (Kilotons) (USD Million)
  6.2.4. U.S.
    6.2.4.1. Market estimates and forecasts, 2016 - 2027 (Kilotons) (USD Million)
    6.2.4.2. Market estimates and forecasts, by application, 2016 - 2027 (Kilotons) (USD Million)
    6.2.4.3. Market estimates and forecasts, by technology, 2016 - 2027 (Kilotons) (USD Million)
  6.2.5. Canada
    6.2.5.1. Market estimates and forecasts, 2016 - 2027 (Kilotons) (USD Million)
    6.2.5.2. Market estimates and forecasts, by application, 2016 - 2027 (Kilotons) (USD Million)
    6.2.5.3. Market estimates and forecasts, by technology, 2016 - 2027 (Kilotons) (USD Million)
  6.2.6. Mexico
    6.2.6.1. Market estimates and forecasts, 2016 - 2027 (Kilotons) (USD Million)
    6.2.6.2. Market estimates and forecasts, by application, 2016 - 2027 (Kilotons) (USD Million)
    6.2.6.3. Market estimates and forecasts, by technology, 2016 - 2027 (Kilotons) (USD Million)
6.3. Europe
  6.3.1. Market estimates and forecasts, 2016 - 2027 (Kilotons) (USD Million)
  6.3.2. Market estimates and forecasts, by application, 2016 - 2027 (Kilotons) (USD Million)
  6.3.3. Market estimates and forecasts, by technology, 2016 - 2027 (Kilotons) (USD Million)
  6.3.4. Germany
    6.3.4.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
    6.3.4.2. Market estimates and forecasts, by application, 2016 - 2027 (Kilotons) (USD Million)
    6.3.4.3. Market estimates and forecasts, by technology, 2016 - 2027 (Kilotons) (USD Million)
  6.3.5. U.K.
    6.3.5.1. Market estimates and forecasts, 2016 - 2027 (Kilotons) (USD Million)
    6.3.5.2. Market estimates and forecasts, by application, 2016 - 2027 (Kilotons) (USD Million)
    6.3.5.3. Market estimates and forecasts, by technology, 2016 - 2027 (Kilotons) (USD Million)
  6.3.6. Spain
    6.3.6.1. Market estimates and forecasts, 2016 - 2027 (Kilotons) (USD Million)
    6.3.6.2. Market estimates and forecasts, by application, 2016 - 2027 (Kilotons) (USD Million)
    6.3.6.3. Market estimates and forecasts, by technology, 2016 - 2027 (Kilotons) (USD Million)
  6.3.7. Italy
    6.3.7.1. Market estimates and forecasts, 2016 - 2027 (Kilotons) (USD Million)
    6.3.7.2. Market estimates and forecasts, by application, 2016 - 2027 (Kilotons) (USD Million)
    6.3.7.3. Market estimates and forecasts, by technology, 2016 - 2027 (Kilotons) (USD Million)
6.4. Asia Pacific
  6.4.1. Market estimates and forecasts, 2016 - 2027 (Kilotons) (USD Million)
  6.4.2. Market estimates and forecasts, by application, 2016 - 2027 (Kilotons) (USD Million)
  6.4.3. Market estimates and forecasts, by technology, 2016 - 2027 (Kilotons) (USD Million)
6.5. China
  6.5.1. Market estimates and forecasts, 2016 - 2027 (Kilotons) (USD Million)
  6.5.2. Market estimates and forecasts, by application, 2016 - 2027 (Kilotons) (USD Million)
  6.5.3. Market estimates and forecasts, by technology, 2016 - 2027 (Kilotons) (USD Million)
6.6. India
  6.6.1. Market estimates and forecasts, 2016 - 2027 (Kilotons) (USD Million)
  6.6.2. Market estimates and forecasts, by application, 2016 - 2027 (Kilotons) (USD Million)
  6.6.3. Market estimates and forecasts, by technology, 2016 - 2027 (Kilotons) (USD Million)
6.7. Japan
  6.7.1. Market estimates and forecasts, 2016 - 2027 (Kilotons) (USD Million)
  6.7.2. Market estimates and forecasts, by application, 2016 - 2027 (Kilotons) (USD Million)
  6.7.3. Market estimates and forecasts, by technology, 2016 - 2027(Kilotons) (USD Million)
6.8. Central & South America
  6.8.1. Market estimates and forecasts, 2016 - 2027 (Kilotons) (USD Million)
  6.8.2. Market estimates and forecasts, by application, 2016 - 2027 (Kilotons) (USD Million)
  6.8.3. Market estimates and forecasts, by technology, 2016 - 2027 (Kilotons) (USD Million)
  6.8.4. Brazil
    6.8.4.1. Market estimates and forecasts, 2016 - 2027 (Kilotons) (USD Million)
    6.8.4.2. Market estimates and forecasts, by application, 2016 - 2027 (Kilotons) (USD Million)
    6.8.4.3. Market estimates and forecasts, by technology, 2016 - 2027 (Kilotons) (USD Million)
6.9. Middle East & Africa
  6.9.1. Market estimates and forecasts, 2016 - 2027 (Kilotons) (USD Million)
  6.9.2. Market estimates and forecasts, by application, 2016 - 2027 (Kilotons) (USD Million)
  6.9.3. Market estimates and forecasts, by technology, 2016 - 2027 (Kilotons) (USD Million)

CHAPTER 7. SPANDEX MARKET - COMPETITIVE ANALYSIS

7.1. Key Global Players & Recent Developments & Their Impact on the Industry
7.2. Vendor Landscape
7.3. Competitive Environment
7.4. Strategy Framework
7.5. List of Market Players

CHAPTER 8. COMPANY PROFILES

8.1. DuPont
  8.1.1. Company Overview
  8.1.2. Financial Performance
  8.1.3. Product Benchmarking
  8.1.4. Strategic Initiatives
8.2. BASF SE
  8.2.1. Company Overview
  8.2.2. Financial Performance
  8.2.3. Product Benchmarking
  8.2.4. Strategic Initiatives
8.3. Mitsubishi Chemical Corporation
  8.3.1. Company Overview
  8.3.2. Financial Performance
  8.3.3. Product Benchmarking
  8.3.4. Strategic Initiatives
8.4. Zhejiang Huafon Spandex
  8.4.1. Company Overview
  8.4.2. Financial Performance
  8.4.3. Product Benchmarking
  8.4.4. Strategic Initiatives
8.5. Hyosung TNC
  8.5.1. Company Overview
  8.5.2. Financial Performance
  8.5.3. Product Benchmarking
  8.5.4. Strategic Initiatives
8.6. Asahi Kasei Corporation
  8.6.1. Company Overview
  8.6.2. Financial Performance
  8.6.3. Product Benchmarking
  8.6.4. Strategic Initiatives
8.7. Yantai Tayho Advanced Materials Co., Ltd.
  8.7.1. Company Overview
  8.7.2. Financial Performance
  8.7.3. Product Benchmarking
  8.7.4. Strategic Initiatives
8.8. Taekwang Industrial Co., Ltd
  8.8.1. Company Overview
  8.8.2. Financial Performance
  8.8.3. Product Benchmarking
  8.8.4. Strategic Initiatives
8.9. Jiangsu Shaungliang Spandex Co., Ltd
  8.9.1. Company Overview
  8.9.2. Financial Performance
  8.9.3. Product Benchmarking
  8.9.4. Strategic Initiatives
8.10. Xiamen Lilong Spandex Co., Ltd
  8.10.1. Company Overview
  8.10.2. Financial Performance
  8.10.3. Product Benchmarking
  8.10.4. Strategic Initiatives
8.11. Indorama Industries Limited
  8.11.1. Company Overview
  8.11.2. Financial Performance
  8.11.3. Product Benchmarking
  8.11.4. Strategic Initiatives
8.12. TK Chemical Corp.
  8.12.1. Company Overview
  8.12.2. Financial Performance
  8.12.3. Product Benchmarking
  8.12.4. Strategic Initiatives
LIST OF TABLES

1. Spandex market estimates and forecasts, in clothing, 2016 - 2027 (Kilotons) (USD Million)
2. Spandex market estimates and forecasts, in medical, 2016 - 2027 (Kilotons) (USD Million)
3. Spandex market estimates and forecasts, in other applications, 2016 - 2027 (Kilotons) (USD Million)
4. Spandex market estimates and forecasts, by solution dry - spinning process, 2016 - 2027 (Kilotons) (USD Million)
5. Spandex market estimates and forecasts, by wet - spinning process, 2016 - 2027 (Kilotons) (USD Million)
6. Spandex market estimates and forecasts, by other processes, 2016 - 2027 (Kilotons) (USD Million)
7. North America spandex market volume and revenue, 2016 - 2027 (Kilotons) (USD Million)
8. North America spandex market volume, by application, 2016 - 2027 (Kilotons)
9. North America spandex market revenue, by application, 2016 - 2027 (USD Million)
10. North America spandex market volume, by technology, 2016 - 2027 (Kilotons)
11. North America spandex market revenue, by technology, 2016 - 2027 (USD Million)
12. U.S. spandex market volume and revenue, 2016 - 2027 (Kilotons) (USD Million)
13. U.S. spandex market volume, by application, 2016 - 2027 (Kilotons)
14. U.S. spandex market revenue, by application, 2016 - 2027 (USD Million)
15. U.S. spandex market volume, by technology, 2016 - 2027 (Kilotons)
16. U.S. spandex market revenue, by technology, 2016 - 2027 (USD Million)
17. Canada spandex market volume and revenue, 2016 - 2027 (Kilotons) (USD Million)
18. Canada spandex market volume, by application, 2016 - 2027 (Kilotons)
19. Canada spandex market revenue, by application, 2016 - 2027 (USD Million)
20. Canada spandex market volume, by technology, 2016 - 2027 (Kilotons)
21. Canada spandex market revenue, by technology, 2016 - 2027 (USD Million)
22. Mexico spandex market volume and revenue, 2016 - 2027 (Kilotons) (USD Million)
23. Mexico spandex market volume, by application, 2016 - 2027 (Kilotons)
24. Mexico spandex market revenue, by application, 2016 - 2027 (USD Million)
25. Mexico spandex market volume, by technology, 2016 - 2027 (Kilotons)
26. Mexico spandex market revenue, by technology, 2016 - 2027 (USD Million)
27. Europe spandex market volume and revenue, 2016 - 2027 (Kilotons) (USD Million)
28. Europe spandex market volume, by application, 2016 - 2027 (Kilotons)
29. Europe spandex market revenue, by application, 2016 - 2027 (USD Million)
30. Europe spandex market volume, by technology, 2016 - 2027 (Kilotons)
31. Europe spandex market revenue, by technology, 2016 - 2027 (USD Million)
32. Germany spandex market volume and revenue, 2016 - 2027 (Kilotons) (USD Million)
33. Germany spandex market volume, by application, 2016 - 2027 (Kilotons)
34. Germany spandex market revenue, by application, 2016 - 2027 (USD Million)
35. Germany spandex market volume, by technology, 2016 - 2027 (Kilotons)
36. Germany spandex market revenue, by technology, 2016 - 2027 (USD Million)
37. U.K. spandex market volume and revenue, 2016 - 2027 (Kilotons) (USD Million)
38. U.K. spandex market volume, by application, 2016 - 2027 (Kilotons)
39. U.K. spandex market revenue, by application, 2016 - 2027 (USD Million)
40. U.K. spandex market volume, by technology, 2016 - 2027 (Kilotons)
41. U.K. spandex market revenue, by technology, 2016 - 2027 (USD Million)
42. Spain spandex market volume and revenue, 2016 - 2027 (Kilotons) (USD Million)
43. Spain spandex market volume, by application, 2016 - 2027 (Kilotons)
44. Spain spandex market revenue, by application, 2016 - 2027 (USD Million)
45. Spain spandex market volume, by technology, 2016 - 2027 (Kilotons)
46. Spain spandex market revenue, by technology, 2016 - 2027 (USD Million)
47. Italy spandex market volume and revenue, 2016 - 2027 (Kilotons) (USD Million)
48. Italy spandex market volume, by application, 2016 - 2027 (Kilotons)
49. Italy spandex market revenue, by application, 2016 - 2027 (USD Million)
50. Italy spandex market volume, by technology, 2016 - 2027 (Kilotons)
51. Italy spandex market revenue, by technology, 2016 - 2027 (USD Million)
52. Asia Pacific spandex market volume and revenue, 2016 - 2027 (Kilotons) (USD Million)
53. Asia Pacific spandex market volume, by application, 2016 - 2027 (Kilotons)
54. Asia Pacific spandex market revenue, by application, 2016 - 2027 (USD Million)
55. Asia Pacific spandex market volume, by technology, 2016 - 2027 (Kilotons)
56. Asia Pacific spandex market revenue, by technology, 2016 - 2027 (USD Million)
57. China spandex market volume and revenue, 2016 - 2027 (Kilotons) (USD Million)
58. China spandex market volume, by application, 2016 - 2027 (Kilotons)
59. China spandex market revenue, by application, 2016 - 2027 (USD Million)
60. China spandex market volume, by technology, 2016 - 2027 (Kilotons)
61. China spandex market revenue, by technology, 2016 - 2027 (USD Million)
62. India spandex market volume and revenue, 2016 - 2027 (Kilotons) (USD Million)
63. India spandex market volume, by application, 2016 - 2027 (Kilotons)
64. India spandex market revenue, by application, 2016 - 2027 (USD Million)
65. India spandex market volume, by technology, 2016 - 2027 (Kilotons)
66. India spandex market revenue, by technology, 2016 - 2027 (USD Million)
67. Japan spandex market volume and revenue, 2016 - 2027 (Kilotons) (USD Million)
68. Japan spandex market volume, by application, 2016 - 2027 (Kilotons)
69. Japan spandex market revenue, by application, 2016 - 2027 (USD Million)
70. Japan spandex market volume, by technology, 2016 - 2027 (Kilotons)
71. Japan spandex market revenue, by technology, 2016 - 2027 (USD Million)
72. Central & South America spandex market volume and revenue, 2016 - 2027 (Kilotons) (USD Million)
73. Central & South America spandex market volume, by application, 2016 - 2027 (Kilotons)
74. Central & South America spandex market revenue, by application, 2016 - 2027 (USD Million)
75. Central & South America spandex market volume, by technology, 2016 - 2027 (Kilotons)
76. Central & South America spandex market revenue, by technology, 2016 - 2027 (USD Million)
77. Brazil spandex market volume and revenue, 2016 - 2027 (Kilotons) (USD Million)
78. Brazil spandex market volume, by application, 2016 - 2027 (Kilotons)
79. Brazil spandex market revenue, by application, 2016 - 2027 (USD Million)
80. Brazil spandex market volume, by technology, 2016 - 2027 (Kilotons)
81. Brazil spandex market revenue, by technology, 2016 - 2027 (USD Million)
82. Middle East & Africa spandex market volume and revenue, 2016 - 2027 (Kilotons) (USD Million)
83. Middle East & Africa spandex market volume, by application, 2016 - 2027 (Kilotons)
84. Middle East & Africa spandex market revenue, by application, 2016 - 2027 (USD Million)
85. Middle East & Africa spandex market volume, by technology, 2016 - 2027 (Kilotons)
86. Middle East & Africa spandex market revenue, by technology, 2016 - 2027 (USD Million)

LIST OF FIGURES

1. Spandex market - Market segmentation
2. Information procurement
3. Primary research pattern
4. Primary research process
5. Primary research approaches
6. Global spandex market - Penetration & growth prospect mapping (USD Million)
7. Spandex market -Value chain analysis
8. PORTER'S Analysis
9. PESTEL Analysis
10. Spandex Market - Application Movement Analysis, 2019 & 2027
11. Spandex Market - Technology Movement Analysis, 2019 & 2027
12. Spandex Market - Regional Movement Analysis, 2019 & 2027


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