Global Spandex Market - Size, Share, Analysis and Trends to 2021
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- Date Submitted: 02/15/2016 01:32 AM
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Global Spandex Market - Asia-Pacific is expected to dominate
the global Market in terms of value, during the forecast period 2021
Persistence Market Research
Global Spandex Market Value Expected to
Grow US$ 8,704.6 Mn By 2021 - Persistence
Market Research
Persistence Market Research
1
Global Spandex Market - Asia-Pacific is expected to dominate
the global Market in terms of value, during the forecast period 2021
Persistence Market Research Released New Market Report “Global Market Study on
Spandex Market: High demand for stretchable fabrics in clothing sector to drive
growth”, the global spandex market has been estimated to reach US$ 4,834.8 Mn in 2015,
and is expected to expand at a CAGR of 10.3% over 2015-2021, to reach US$ 8,704.6 Mn by
2021
According to the U.S Federal Trade Commission (FTC), “Spandex is a manufactured fiber in
which the fiber-forming substance is a long-chain synthetic polymer comprising at least 85%
of segmented polyurethane.” This fiber, also called elastane, is a synthetic long-chain
polyurethane-polyurea copolymer composed of rigid diisocyanate segments and flexible
macro-glycol segments arranged in a specific order. The fiber is characterized by exceptional
stretch and recovery properties, with the elongation at break of around 400% to 600%.
These characteristics entail its wide-scale use in a diverse set of applications in textile &
clothing and healthcare industries. Some prominent areas of application for spandex fibers
include sportswear, casual clothing, home furnishings, and undergarments. Medical and
healthcare-related applications of spandex fibers include diapers, compression stockings &
hoses, and bandages.
In the recent past, there has been a steady increase in demand for spandex-based
stretchable clothing & apparel in developing regions. Steadily rising population, coupled with
increasing disposable income, in these regions is expected to drive the growth of the global
spandex market over the forecast period. Besides,...
the global Market in terms of value, during the forecast period 2021
Persistence Market Research
Global Spandex Market Value Expected to
Grow US$ 8,704.6 Mn By 2021 - Persistence
Market Research
Persistence Market Research
1
Global Spandex Market - Asia-Pacific is expected to dominate
the global Market in terms of value, during the forecast period 2021
Persistence Market Research Released New Market Report “Global Market Study on
Spandex Market: High demand for stretchable fabrics in clothing sector to drive
growth”, the global spandex market has been estimated to reach US$ 4,834.8 Mn in 2015,
and is expected to expand at a CAGR of 10.3% over 2015-2021, to reach US$ 8,704.6 Mn by
2021
According to the U.S Federal Trade Commission (FTC), “Spandex is a manufactured fiber in
which the fiber-forming substance is a long-chain synthetic polymer comprising at least 85%
of segmented polyurethane.” This fiber, also called elastane, is a synthetic long-chain
polyurethane-polyurea copolymer composed of rigid diisocyanate segments and flexible
macro-glycol segments arranged in a specific order. The fiber is characterized by exceptional
stretch and recovery properties, with the elongation at break of around 400% to 600%.
These characteristics entail its wide-scale use in a diverse set of applications in textile &
clothing and healthcare industries. Some prominent areas of application for spandex fibers
include sportswear, casual clothing, home furnishings, and undergarments. Medical and
healthcare-related applications of spandex fibers include diapers, compression stockings &
hoses, and bandages.
In the recent past, there has been a steady increase in demand for spandex-based
stretchable clothing & apparel in developing regions. Steadily rising population, coupled with
increasing disposable income, in these regions is expected to drive the growth of the global
spandex market over the forecast period. Besides,...