Press release
Global Spandex Market 2019 Worldwide Robust Expansion by Top Key Manufactures, Overview, Size, Share, Trends, Segments, Demand and Forecast to 2026|INVIYA; TORAY INDUSTRIES, INC.; INVISTA; Asahi Kasei Corporation; HYOSUNG; Zhejiang Huafon Spandex
Global Spandex Market
Global spandex market is expected to register a substantial CAGR of 9.23% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the rising levels of population worldwide equipped with higher volume of disposable income.
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Market Drivers:
Rising levels of utilization of spandex for development of stretchable fabric clothing; this factor is expected to propel the growth of the market
High demands associated with the sports-wear and active wear products is expected to boost the growth of the market
Enhanced growth and demands from the healthcare industries as the focus on development of various medical products is enhancing the levels of market growth
Several properties offered by spandex like superior elasticity, durability, lightweight, UV resistance is another factor enhancing the demand of this product in the market
Market Restraints:
Presence of various strict regulations and compliances regarding the reduction of emission and carbon footprint of various manufacturing processes is expected to act as a restraint to the growth of the market
The volatile nature of product prices along with the slower economic growth in certain countries is another factor impeding the market growth in the forecast period
The threat of emerging substitutes in the market can also restrict the market growth
Table Of Content:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Global Spandex Market Landscape
Part 04: Global Spandex Market Sizing
Part 05: Global Spandex Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Get Detailed Table Of Content @ https://www.databridgemarketresearch.com/toc/?dbmr=global-spandex-market&kb
Segmentation: Global Spandex Market
By Production Process
Dry Spinning
Wet Spinning
By Application
Clothing
Sportswear
Home Furnishings
Underwear
Others
Denim
Casual Clothing
Others
Medical
Diapers
Compression Stockings
Hoses
Others
Bandages
Others
Others
By Fabric Type
Two-Way
Four-Way
By Downstream Processes
Knitting
Weaving
Yarn Covering
By Geography
North America
Europe
Asia-Pacific
South America
Middle East and Africa
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Key Developments in the Market:
In February 2019, ITOCHU Corporation announced that they had acquired "The LYCRA Company" along with their business partner Shandong Ruyi Science and Technology Group. The companies will work in collaboration for further expansion of capabilities and create enhanced business opportunities for LYCRA
In November 2018, INVISTA announced the availability of "LYCRA FREEFIT Technology" during the "Kingpins NYC Show" held from November 28-29, 2019. The patented technology is designed to offer enhanced stretch ability and recovery while improving the rate of ease for stretch in denims and woven fabrics
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About Us:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge Market Research provides appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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