Spandex Market, By Fabric Type, Production Process, and
Application Forecast 2018-2026
Spandex, elastane or lycra is an elastic synthetic fiber. It contains a combination
of long chain polglycol, short chain diisocynate, and minimum 85% of
polyurethane. Stabilizers and colorants are added to improve quality and
enhance appearance of spandex. Spandex offers superior strength, weight, and
versatility as compared to rubber. They have high elasticity and can be stretched
500% of their length.
It is mainly used in fabrics due to its properties such as ability to be stretched,
softness, smoothness, lightweight, easy dyeing, abrasion resistant, resistant to
detergent, resistant to body oils and perspiration, and compatible with other
materials and fibers. It is commonly used in textile and clothing industry and
healthcare industry. Spandex is used in sportswear, active wear, casual clothing,
under garments, home furnishings, diapers, bandages, and compression stocking
and hoses.
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Dry spinning is commonly used for synthesis of spandex as it is a cost effective
method. However, the use of wet spinning method is increasing due to its
application in manufacturing spandex for medical use. Textile is the largest
application segment of spandex market, owing to increasing awareness about its
stretching ability and increasing demand for sportswear.
The key market players in spandex market are adopting inorganic and organic
strategies such as merger and acquisition, capacity expansion, and new product
launch to sustain their position. Some companies operating in the spandex
market include Asahi Kasei Corporation, DuPont, Hyosung Corporation,
Indorama Industries Limited, INVISTA, Jiangsu Shaungliang Spandex Co., Ltd,
TK Chemical Corp., Xiamen Lilong Spandex Co., Ltd, Yantai, Taekwang
Industrial Co. Ltd., Tayho Advanced Materials Co., Ltd, and Zhejiang Huafon
Spandex Co. Ltd.
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Spandex Market report categorizes global market by Fabric Type, By Production Process, and By Application - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017-2025