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Global Spandex Market 2016: by Production Process - Dry Spinning, Wet Spinning
Spandex Market
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The world spandex market is mainly driven by increasing demand for spandex woven fabrics especially for sportswear and gymwear along with rising demand for spandex in medical bandages and surgical hoses. Also, spandex is relatively more reliable, durable and possess a better finish in terms of appearance than latex or rubber which is a major reason driving the world spandex market. Technological advancements to enhance the quality of spandex is in turn fueling the demand for spandex. However, skin allergic infections due to presence of harmful chemicals is a key factor expected to hinder the growth of the world spandex market over the forecast period.
The report segments the world spandex market on the basis of application, fabric type and production process. On the basis of application, the market is segmented into clothing and medical. Among fabric type, the world spandex market is segmented into two-way spandex and four-way spandex. Considering production process, the market is segmented into dry spinning and wet spinning. Regionally, the world spandex market can be segmented into North America, Europe, Asia-Pacific and LAMEA.
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Various chemical giants are focusing on the production of multi-colored spandex yarn to fulfil the increasing demand for colorful sports and gym wear. Major companies profiled in this report include Asahi Kasei Corporation, Hyosung Corporation, Du Pont, Toray Industries, Invista, Far Eastern New Century Corporation, Yantai Tayho Advanced Material Corporation Ltd. among others.
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