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Americas Spandex Market Share

  • Report ID: GMI4518
  • Published Date: Feb 2020
  • Report Format: PDF

Americas Spandex Market Share

Americas spandex market is consolidated with key players including :

  • Hyosung
  • INVISTA
  • TK Chemical Corporation
  • Taekwang Industrial Co. Ltd.
     

Market players are engaged in innovations, product launches, and partnerships, in order to expand their product portfolio and increase presence in other potential regions. In November 2019, The LYCRA Company also launched a line of eco-made fibers type 161E and 162E, which conform the Global Recycled Standard (GRS). The certified product is currently produced in Brazil, is made partially from pre-consumer recycled materials, and verifies with the strict environmental & chemical requirements. It also introduced eco-made fibers LYCRA T400 with enhanced sustainability. The fiber is made from a combination of recycled materials diverted from landfills. The company also aims to convert its spandex brand COOLMAX to post-consumer recycled fabrics by 2021.

Authors: Kunal Ahuja, Tushar Malkani

Frequently Asked Questions (FAQ) :

The americas spandex market is expected to witness a remuneration of USD 1.40 billion in 2025.

The americas spandex market is poised to observe a crcr of 12% over 2019-2025.

According to the report published by Global Market Insights Inc., the Americas spandex business is expected to hit at $1.40 billion (USD) by 2025.

Product penetration in the apparel and textile industry, large automotive production capacity along with technological developments in the industry and expansion in the global spandex production capacity along with ease in raw material availability are the key factors expected to drive the growth of global market.

Dupont, Hyosung, TK Chemical, Taekwang Industrial and INVISTA are some of the top contributors in the industry.

Americas Spandex Market Scope

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Premium Report Details

  • Base Year: 2018
  • Companies covered: 4
  • Tables & Figures: 154
  • Countries covered: 5
  • Pages: 142
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