Asia-Pacific Spandex Market to 2032

Q: What is the current market size of the Asia-Pacific Spandex Market?

Asia-Pacific Spandex Market was valued at USD 2.75 (Revenue in USD Million) in 2021.

Overview

The Asia-Pacific Spandex Market is expected to reach a 4.37 USD Million by 2032 and is projected to grow at a CAGR of 8.16% from 2025 to 2032.

Revenue, 2024 (USD Million)

2.75

Forecast, 2032 (USD Million)

4.37

CAGR, 2024 - 2032

8.16%

Report Coverage

Asia-Pacific

Asia-Pacific Spandex Market 2018-2032 USD Million

Asia-Pacific Spandex Market, Key Findings (2025-2032)

Market Growth and Projections:

Market Size (2024): 2.75 USD Million
Projected Market Size (2032): 4.37 USD Million
CAGR (2025-2032): 8.16%

Key Findings of Asia-Pacific Spandex Market

The Asia-Pacific Spandex Market was valued at 2.75 USD Million in 2024.
The Asia-Pacific Spandex Market is likely to grow at a CAGR of 8.16% during the forecast period of 2024 to 2032.
In 2024, the Largest segment Solution Dry-Spinning in Technology Segment accounted for the largest share of the market with a revenue of 2.43 USD Million
The fastest growing segment Clothing in Application Segment grew Fastest with a CAGR of 8.48% during the forecast period from 2024 to 2032.

Asia-Pacific Spandex Market Scope

Asia-Pacific Spandex Market Segmentation & Scope

Application

Medical
Others
Clothing

Technology

Others
Wet-Spinning
Solution Dry-Spinning

Asia-Pacific Spandex Market Data Coverage Insights

Study Period	2024-2032
Base Year	2021
Unit	Revenue in USD Million
Market Value in 2024	2.75 USD Million
Market Value in 2032	4.37 USD Million
CAGR (2025-2032)	8.16%
Historic Data	2016-2023
Market Segments Covered	Application ,Technology

Regional Insights:

Leading Market (2024-2032): Asia-Pacific, leading in terms of revenue 2.75 USD Million in 2024
- Key Country: China, leading in terms of revenue with value of 0.94 USD Million in 2024.

Segments and Scope

Asia-Pacific Spandex Market to 2032, By Application
- Clothing is the largest segment in Asia-Pacific Spandex Market to 2032 with a revenue of 1.72 USD Million in the year 2024.
- Clothing is the Fastest growing segment in Asia-Pacific Spandex Market to 2032 with a Growth rate of 8.48 % in forecast period 2025-2032.
Asia-Pacific Spandex Market to 2032, By Technology
- Solution Dry-Spinning is the largest segment in Asia-Pacific Spandex Market to 2032 with a revenue of 2.43 USD Million in the year 2024.
- Solution Dry-Spinning is the Fastest growing segment in Asia-Pacific Spandex Market to 2032 with a Growth rate of 8.30 % in forecast period 2025-2032.

Asia-Pacific Spandex Market Company Share Analysis

Company Name
Asahi Kasei corporation
HYOSUNG
XINXIANG SUNSHINING TEXTILES CO., LTD.
Indorama corporation
Huafon Chemical Co., Ltd.

Asia-Pacific Spandex Market Geographical Sales Distribution, 2018-2032 USD Million

Asia-Pacific Spandex Market Company Profiling

Industry Related Reports

South America Abrasives Market

Middle East & Africa Abrasives Market

North America Abrasives Market

Europe Abrasives Market

Asia-Pacific Abrasives Market

Argentina Abrasives Market

Australia Abrasives Market

Belgium Abrasives Market

Brazil Abrasives Market

Canada Abrasives Market

Frequently Asked Questions

What are the primary segments covered in the Asia-Pacific Spandex Market?

The Asia-Pacific Spandex Market is segmented based on Segmentation Application ,Technology.

What is the current market size of the Asia-Pacific Spandex Market?

Asia-Pacific Spandex Market was valued at USD 2.75(Revenue in USD Million) in 2021.

What is the expected growth rate of the Asia-Pacific Spandex Market?

Asia-Pacific Spandex Market is projected to grow at a CAGR of 8.16% during the forecast period of 2024 to 2032.

Which is the dominating segment in the Asia-Pacific Spandex Market?

The Solution Dry-Spinning segment is expected to dominate the Asia-Pacific Spandex Market, holding a largest market share of 2.43 USD Million in 2024