Thailand Spandex Market to 2032

Overview

The Thailand Spandex Market is expected to reach a 0.21 USD Million by 2032 and is projected to grow at a CAGR of 6.93% from 2025 to 2032.

Revenue, 2024 (USD Million)
0.14
Forecast, 2032 (USD Million)
0.21
CAGR, 2024 - 2032
6.93%
Report Coverage
Thailand

Thailand Spandex Market 2018-2032 USD Million

Thailand Spandex Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 0.14 USD Million
  • Projected Market Size (2032): 0.21 USD Million
  • CAGR (2025-2032): 6.93%

Key Findings of Thailand Spandex Market

  • The Thailand Spandex Market was valued at 0.14 USD Million in 2024.
  • The Thailand Spandex Market is likely to grow at a CAGR of 6.93% 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 0.13 USD Million
  • The fastest growing segment Clothing in Application Segment grew Fastest with a CAGR of 7.39% during the forecast period from 2024 to 2032.

Thailand Spandex Market Scope

Thailand Spandex Market Segmentation & Scope
Technology
  • Others
  • Wet-Spinning
  • Solution Dry-Spinning
Application
  • Medical
  • Others
  • Clothing

Thailand Spandex Market Data Coverage Insights

Study Period 2024-2032
Base Year 2021
Unit Revenue in USD Million
Market Value in 2024 0.14 USD Million
Market Value in 2032 0.21 USD Million
CAGR (2025-2032) 6.93%
Historic Data 2016-2023
Market Segments Covered Technology,Application

Regional Insights:

  • Leading Market (2024-2032): Thailand, leading in terms of revenue 0.14 USD Million in 2024
    • Key Country: Thailand, leading in terms of revenue with value of 0.14 USD Million in 2024.

Segments and Scope

  • Thailand Spandex Market to 2032, By Technology
    • Solution Dry-Spinning is the largest segment in Thailand Spandex Market to 2032 with a revenue of 0.13 USD Million in the year 2024.
    • Solution Dry-Spinning is the Fastest growing segment in Thailand Spandex Market to 2032 with a Growth rate of 7.03 % in forecast period 2025-2032.
  • Thailand Spandex Market to 2032, By Application
    • Clothing is the largest segment in Thailand Spandex Market to 2032 with a revenue of 0.09 USD Million in the year 2024.
    • Clothing is the Fastest growing segment in Thailand Spandex Market to 2032 with a Growth rate of 7.39 % in forecast period 2025-2032.

Thailand Spandex Market Company Share Analysis

 
Company Name Company Share Analysis
Asahi Kasei corporation
HYOSUNG
XINXIANG SUNSHINING TEXTILES CO., LTD.
Indorama corporation
Huafon Chemical Co., Ltd.
Thailand Spandex Market Company Share Analysis

Thailand Spandex Market Geographical Sales Distribution, 2018-2032 USD Million

Thailand Spandex Market Geographical Sales Distribution, 2018-2032 USD Million

Thailand Spandex Market Company Profiling

Thailand Spandex Market Company Profiling
Frequently Asked Questions
The Thailand Spandex Market is segmented based on Segmentation Technology,Application .
Thailand Spandex Market was valued at USD 0.14(Revenue in USD Million) in 2021.
Thailand Spandex Market is projected to grow at a CAGR of 6.93% during the forecast period of 2024 to 2032.
The Solution Dry-Spinning segment is expected to dominate the Thailand Spandex Market, holding a largest market share of 0.13 USD Million in 2024

Thailand Spandex Market Scope

Thailand Spandex Market Segmentation & Scope
Technology
  • Others
  • Wet-Spinning
  • Solution Dry-Spinning
Application
  • Medical
  • Others
  • Clothing
Frequently Asked Questions
The Thailand Spandex Market is segmented based on Segmentation Technology,Application .
Thailand Spandex Market was valued at USD 0.14(Revenue in USD Million) in 2021.
Thailand Spandex Market is projected to grow at a CAGR of 6.93% during the forecast period of 2024 to 2032.
The estimated market value of the Thailand Spandex Market for final year is USD 0.21 (USD Million).

Thailand Spandex Market Company Profiling

Thailand Spandex Market Company Profiling
Frequently Asked Questions
The Thailand Spandex Market is segmented based on Segmentation Technology,Application .
Thailand Spandex Market was valued at USD 0.14(Revenue in USD Million) in 2021.
Thailand Spandex Market is projected to grow at a CAGR of 6.93% during the forecast period of 2024 to 2032.
The estimated market value of the Thailand Spandex Market for final year is USD 0.21 (USD Million).

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