Press release
Spandex Fiber Market Projected to Reach$16.9 Billion by 2030 | In-Depth Analysis with Top Key Players
Spandex Fiber Market
Access Full Summary @ https://www.alliedmarketresearch.com/spandex-fiber-market
Rise in demand for spandex fibers from various industries such as automotive, healthcare and transportation, growing use of spandex as an alternative to natural and synthetic rubber in industrial applications, increasing healthcare investments in various regions, and rise in the affluent population are the main factors that boost the spandex fibers market growth. However, fluctuating prices of spandex fiber due to global crude oil price fluctuations, availability of substitutes and stringent government regulations act as impediments for the market growth. On the other hand, rise in investment in R&D of spandex fiber offers lucrative growth opportunities for the market.
Download Sample PDF (246 Pages PDF with Insights): https://www.alliedmarketresearch.com/request-sample/1769
Covid-19 scenario-
The Covid-19 outbreak moderately affected the spandex fiber market. Stringent government regulations such as the shutdown of transportation sector resulted in difficulties in procurement of raw materials. Moreover, the pandemic gave way to reduced efficiency at manufacturing sites owing to low labor force.
However, surge in demand for healthcare products during the pandemic led to growing demand for spandex fibers in the production of surgical gloves, masks, and other medical cloths.
The report provides an analysis of the spandex fiber market on the basis of production method, application, and region.
Based on production method, the solution dry spinning segment held the major market share of 90.65% in 2020 and is expected to retain its dominancy through 2030. However, the others segment would witness the fastest CAGR of 8.85% in 2030.
Request the Covid19 Impact Analysis @ https://www.alliedmarketresearch.com/request-for-customization/1769?reqfor=covid
In terms of application, the apparel and clothing segment held the largest share, accounting for 91.19% of the global market in 2020 and would lead the trail through the forecast period. However, the others segment is likely to witness the highest CAGR of 8.83% in 2030.
By region, Asia-Pacific was the largest market in 2020, grabbing over three-fifths of the total market share. The same would exhibit the fastest CAGR of 7.93% in 2030.
The report analyzes the key players operating in the global spandex fiber market as Hyosung Corporation, Invista, Asahi Kasei Corporation, Toray Industries, Inc., Indorama Industries Ltd., TK Chemical Corporation, Zhejiang Huafon Spandex Co. Ltd., Xiamen Lilong Spandex Co., Ltd., Yantai Spandex Co., Ltd., and Taekwang Industrial Co. Ltd.
Interested in Procuring this Report? Visit Here: https://www.alliedmarketresearch.com/spandex-fiber-market/purchase-options
Contact:
David Correa
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research
About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Spandex Fiber Market Projected to Reach$16.9 Billion by 2030 | In-Depth Analysis with Top Key Players here
News-ID: 2986703 • Views: …
More Releases from allied market research
Curcumin Market Drivers Shaping Future Growth, Revenue $104.19 Million by 2025 | …
According to a new report published by Allied Market Research, titled,"Curcumin Market by Application: Global Opportunity Analysis and Industry Forecast, 2018 - 2025" The global curcumin market was valued at $52.45 million in 2017, and is projected to reach $104.19 million by 2025, registering a CAGR of 8.9% from 2018 to 2025. In 2017, the pharmaceutical segment accounted for more than 50% share of the global curcumin market in terms…
Crop Micronutrients Market Size to Witness Astonishing Growth: $11,532.36 Millio …
According to a new report published by Allied Market Research, titled, Crop Micronutrients Market by Form, Product Type, Crop Type, and Application: Global Opportunity Analysis and Industry Forecast, 2018-2025 the global crop micronutrients market was valued at $6,077.05 million in 2017, and is projected to reach $11,532.36 million by 2025, registering a CAGR of 8.3% from 2018 to 2025. In 2017, the soil application segment accounted for more than 50%…
Silicon Fertilizers Market Projected To Reach Approximately $125.8 Mn by 2025
Allied Market Research published a report, titled, "Silicon Fertilizer Market by Type (Calcium Silicate, Potassium Silicate and Sodium Silicate), Form (Liquid and Solid), and Application (Field Crops, Horticultural Crops, Hydroponics, and Floriculture): Global Opportunity Analysis and Industry Forecast, 2016-2025." Increased demand for wheat and rice crops coupled with benefits offered by silicon on crop field have boosted the growth of the global silicon fertilizers market. In addition, adoption of…
Asia-Pacific Condiments Market to Reach $71.86 Bn by 2025 at 5.8% CAGR
Allied Market Research published a report, titled, Asia-Pacific Condiments Market by Type (Marinade, Sauce, Ketchup, Mayonnaise, Pickle, and Others), Application (Meat & Seafood Product, Convenience & Ready Meal, Snack, Baked Goods, and Others), and Form (Liquid, Paste, and Dry): Opportunity Analysis and Industry Forecast, 2018-2025.
Get Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/5066
Increase in cross-cultural interaction owing to globalization and increased foreign travel drives the Asia-Pacific condiments market. Moreover, rise in…
More Releases for Spandex
How Nylon Spandex Elasticity Impacts Performance?
Image: https://www.iyunaitextile.com/uploads/%E5%8D%9A%E5%AE%A2%E6%A0%87%E9%A2%98-How-Nylon-Spandex-Elasticity-Impacts-Performance.jpg
Nylon Spandex Fabric elasticity variations [https://www.iyunaitextile.com/nylon-spandex-sports-fabric/] define how garments perform during intense activities. You experience superior comfort and flexibility when elasticity is balanced. Stretch nylon fabric [https://www.iyunaitextile.com/nylon-spandex-sports-fabric/] adapts to movement, while nylon stretch fabric ensures durability. Nylon fabric [https://www.iyunaitextile.com/nylon-spandex-sports-fabric/] blends with spandex to create recovery properties, keeping your gear functional even after repeated use.
Key Takeaways
* Nylon spandex fabrics stretch well and bounce back easily. This makes them great…
Spandex Fiber market: Factors Benefitting Emergence of New Entrants | Hyosung Co …
"QY Research holds tons of experience in offering comprehensive and accurate analysis of global as well as regional markets. The report presented here is an industry-best compilation of detailed and quality research studies on the global Spandex Fiber market. It provides SWOT, PESTLE, and other important types of analysis to give a real and complete picture of the current and future scenarios of the global Spandex Fiber market. The analysts…
Spandex Market Potential Growth 2023 -2030, Industry Analysis, Size, Share | Xia …
Report Summary:
Coherent Industry Insights presents encyclopedic research of the Spandex Market with holistic insights into significant variables and features driving the future growth of the market. The Spandex Market was studied for the projected year 2023-2030 as well as the historical period 2017-2022. The research study provides complete qualitative and quantitative analysis to help shareholders obtain a thorough grasp of the Spandex Market and its crucial dynamics.
In accordance with coherent…
Spandex Market Development from 2021-2031
The global spandex market is estimated to expand at a CAGR of more than 8% over the forecast period of 2022-2031. Growing demand from industries such as medical and textiles is one of the leading driving factors for rising growth and consumption of spandex.
Rapidly growing population combined with increased consumer disposable income is expected to drive demand for sports and active wear, resulting in market expansion. Increasing engagement in sporting…
Spandex Market Size from 2021-2031
The global spandex market is estimated to expand at a CAGR of more than 8% over the forecast period of 2022-2031. Growing demand from industries such as medical and textiles is one of the leading driving factors for rising growth and consumption of spandex.
Rapidly growing population combined with increased consumer disposable income is expected to drive demand for sports and active wear, resulting in market expansion. Increasing engagement in sporting…
Spandex Fabric Market Forecast to 2025
Global Spandex Fabric Market provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Spandex Fabric Market analysis is provided for the international Industry including development trends, competitive landscape analysis, and key regions development status.
The report provides key statistics on the market status of the Spandex Fabric Market manufacturers and…
