Spandex Fiber Market – Notable Developments, Upcoming Trends & Future Applications 2027
                     Adroit Market Research
Spandex Fiber Market 
by Process (Wet, Dry), Application (Healthcare, Textile) 
and by Region (North America, Europe, Asia Pacific, 
Middle East & Africa, and Central & South America), 
Global Forecasts 2020 to 2025
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Increasing Demand Of Superior Fiber From Textile Industry Will Drive 
The Market Of Spandex Fiber To Grow At A CAGR Of More Than 7%.
• The Global Spandex Fiber Market is projected to reach more than 6 USD billion by the end of 
2025, growing at a CAGR of more than 7% over the foreseeable future. Spandex soon became 
popular owing to its toughness. Spandex also has a greater tolerance to dry heat and oil relative to 
rubber. The level of comfort and wicking capacity found in Spandex is unprecedented and does not 
exist at such a high level in any other product. Spandex is used in a constantly growing variety of 
clothing pieces.
• In terms  of type, the global spandex market report is segmented into solution dry spinning and 
solution wet spinning. Solution dry spinning is expected to maintain its dominance over the 
forecast period. In term of application, the global spandex fiber market is segmented into textile 
and healthcare. It is well known that spandex is commonly used in the textile industry. However, 
this is also a valuable cloth for hospitality and manufacturing organizations.
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Increasing Demand Of Superior Fiber From Textile Industry Will Drive 
The Market Of Spandex Fiber To Grow At A CAGR Of More Than 7%.
• Spandex fabrics are mostly used in garments where fit and comfort both are required. For instance, 
leggings, shorts, wetsuits, leotards, zentai suits, triathlon suits, etc. It is also used in the 
manufacture of household items such as microbeads pillows and fitted sheets. One of the lesser 
recognized applications of spandex is event preparation and indoor decoration.
• Spandex is very sensitive to heat due its chemical formation and does not absorb liquid. Hence, 
washing spandex fiber in hot water or ironing might damage the fabric. Further, the smooth and 
slippery surface of spandex creates lack of friction, which may sometimes pose risk to the wearer. 
These are some of the factors that are hindering the growth potential of the spandex fiber market.
• The market is segmented into various geographies such as North America, Europe, Asia Pacific, 
Middle East & Africa, and Central & South America. Asia Pacific accounted for a major market 
revenue share owing to the presence of China and India. Key players include Hyosung Corporation, 
Teijin Limited, Eastern New Century Corporation, Asahi Kasei Corporation, Toray Industries Inc., 
Acelon Chemical and Fiber Corporation, Toyobo Co., Ltd, Indorama Corporation, Invista
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Key Segments Across Spandex Fiber Market
Type Overview, 2018-2025, (USD Billion) (Million Tons)
• Solution dry spinning
• Solution wet spinning
Applications Overview, 2018-2025, (USD Billion) (Million Tons)
• Textile
• Healthcare
Regional Overview, 2015-2025 (Kilo Tons) (USD Million): North America, Europe, Asia Pacific, 
Middle East & Africa, South America
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