Leaves, grass, bones, shells, animal skin were the first clothes which human started wearing. Slowly the art of tying, weaving and sewing were learned. And with the advent of science and technology a range of clothes/ fabrics came into existence. With the invention of nylon a new revolution was seen in the textile industry. And today we have a range of clothes with specific properties to meet the desired use. Fashion, trends and comfort has been driving the textile and apparel industry to new heights.
Synthetic fibres being more durable and with added functionalities like stretching, waterproofing etc. won over a great market across the globe. These fibres are used in automotive, medical and textile industry among many others.
Spandex or elastane is one of the many synthetic fibers which is well known for its exceptional elastic capacity. This polyester-polyurethane copolymer find place in skin tight garments, sportswear, medical ware etc. The rising demand from the downstream users like the textiles and apparel has been the major reason for the uphill trend of this industry. This German- born fiber with its high tear resistance, durability and elasticity has been known worldwide with some trademark names like – Lycra and Elaspan (by Invista), Acepora (Taekwang), Creora (Hyosung) etc.
DecisionDatabases.com recently came up with a new report on “Global Spandex Fibers Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2021”. The report includes a detailed analysis on value chain in order to provide a holistic view of the spandex fibers market. Value chain analysis comprises detailed evaluation of the roles of various players involved in the spandex fibers industry, from raw material suppliers to end-users.
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The spandex fibers market has been segmented based on applications such as automotive textile, sportswear, textile and others. The study provides forecast and estimates market for each application in terms of revenue and volume during the forecast period from 2015 to 2021. Each application has been further analysed based on regional and country levels from 2014 to 2021 in terms of volume and revenue.
Though the industry has seen challenging time with low demand the Asia- Pacific market is being seen as the driver for the global spandex market. With innovation and new launches the spandex industry is exploring use opportunities. Hyosung, the South Korean elastane producer has recently introduced its “Creora Fit2” spandex denim brand which can stretch vertically also. The traditional denim brand has limited strechability (horizontally). With added comfort this brand is expected to play a major role in “athleisure” apparel category. With lot of recent developments like eco-friendly elastane, sweat absorbent etc.
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The report also offers a competitive landscape of the overall market with company profiles of players such as Asahi Kasei Corporation, E. I. du Pont de Nemours and Company, Spandex Corporation Ltd., Swan Fiber Co., Ltd., The Dow Chemical Company, Toray Industries, Inc., Xinxiang Bailu Chemical Fiber Co., Ltd., Yantai Tayho Advanced Materials Corporation Ltd. and Zhejiang Huafo.
Segmentations in the report:
Spandex Fibers Market by Application