Global Spandex Market to 2032
Overview
The Global Spandex Market is expected to reach a 9.59 USD Million by 2032 and is projected to grow at a CAGR of 4.71% from 2025 to 2032.
Revenue, 2024 (USD Million)
6.28
Forecast, 2032 (USD Million)
9.59
CAGR, 2024 - 2032
4.71%
Report Coverage
Global
Global Spandex Market 2018-2032 USD Million
Global Spandex Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 6.28 USD Million
- Projected Market Size (2032): 9.59 USD Million
- CAGR (2025-2032): 4.71%
Key Findings of Global Spandex Market
- The Global Spandex Market was valued at 9.59 USD Million in 2024.
- The Global Spandex Market is likely to grow at a CAGR of 4.71% 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 5.54 USD Million
- The fastest growing segment Clothing in Application Segment grew Fastest with a CAGR of 4.89% during the forecast period from 2024 to 2032.
Global Spandex Market Scope
Global Spandex Market Segmentation & Scope
Application
- Medical
- Others
- Clothing
Technology
- Others
- Wet-Spinning
- Solution Dry-Spinning
Global Spandex Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 6.28 USD Million |
| Market Value in 2032 | 9.59 USD Million |
| CAGR (2025-2032) | 4.71% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application ,Technology |
Regional Insights:
-
Leading Market (2024-2032): Global, leading in terms of revenue 6.28 USD Million in 2024
- Key Country: U.S., leading in terms of revenue with value of 1.06 USD Million in 2024.
Segments and Scope
-
Global Spandex Market to 2032, By Application
- Clothing is the largest segment in Global Spandex Market to 2032 with a revenue of 3.94 USD Million in the year 2024.
- Clothing is the Fastest growing segment in Global Spandex Market to 2032 with a Growth rate of 4.89 % in forecast period 2025-2032.
-
Global Spandex Market to 2032, By Technology
- Solution Dry-Spinning is the largest segment in Global Spandex Market to 2032 with a revenue of 5.54 USD Million in the year 2024.
- Solution Dry-Spinning is the Fastest growing segment in Global Spandex Market to 2032 with a Growth rate of 4.79 % in forecast period 2025-2032.
Global Spandex Market Company Share Analysis
| Company Name |
|
||
| Asahi Kasei corporation | |||
| HYOSUNG | |||
| XINXIANG SUNSHINING TEXTILES CO., LTD. | |||
| Indorama corporation | |||
| Huafon Chemical Co., Ltd. | |||
Global Spandex Market Geographical Sales Distribution, 2018-2032 USD Million
Global Spandex Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Global Spandex Market is segmented based on Segmentation Application ,Technology.
Global Spandex Market was valued at USD 6.28(Revenue in USD Million) in 2021.
Global Spandex Market is projected to grow at a CAGR of 4.71% during the forecast period of 2024 to 2032.
The Solution Dry-Spinning segment is expected to dominate the Global Spandex Market, holding a largest market share of 5.54 USD Million in 2024
Global Spandex Market Scope
Global Spandex Market Segmentation & Scope
Application
- Medical
- Others
- Clothing
Technology
- Others
- Wet-Spinning
- Solution Dry-Spinning
Frequently Asked Questions
The Global Spandex Market is segmented based on Segmentation Application ,Technology.
Global Spandex Market was valued at USD 6.28(Revenue in USD Million) in 2021.
Global Spandex Market is projected to grow at a CAGR of 4.71% during the forecast period of 2024 to 2032.
The estimated market value of the Global Spandex Market for final year is USD 9.59 (USD Million).
Global Spandex Market Company Profiling
Frequently Asked Questions
The Global Spandex Market is segmented based on Segmentation Application ,Technology.
Global Spandex Market was valued at USD 6.28(Revenue in USD Million) in 2021.
Global Spandex Market is projected to grow at a CAGR of 4.71% during the forecast period of 2024 to 2032.
The estimated market value of the Global Spandex Market for final year is USD 9.59 (USD Million).
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