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The spandex fiber market is expected to grow at a CAGR of 7.2% between 2015 and 2020. Factors such as increasing awareness and increasing disposable income are propelling the growth of the spandex fiber smarket.

Textile is expected to grow at the highest CAGR
In the spandex fiber market, the textile industry is estimated to grow at a significant pace during the forecast period. In the textile industry, spandex fiber is used across application areas such as sportswear, swimwear, apparel, lingerie, active wear, and other stretchable fiber. Increasing awareness for the stretchable fiber is one of the reason for growing demand of spandex fiber in the textile industry.

APAC is the fastest-growing region in the spandex fiber market
The market in APAC is expected to grow at the highest CAGR between 2015 and 2020. The growth is attributed to increasing industrialization in this region. The increasing production facilities by market players in APAC is the main factor responsible for the increasing spandex fiber market in the region. Further, the presence of local players such as Teijin Ltd (Japan), Toray Industries (Japan), and Asahi Kasei (Japan) are also contributing towards the growth of the spandex market.

Several primary interviews with market experts have been conducted across four major regions, namely, the North America, Europe, Asia-Pacific, and Rest of the World (Brazil and Turkey). The primary participants considered for the study are C level executives, managers, and D level executives of the tier 1, tier 2, and tier 3 companies.

- By Company Type - Tier 1 – 47%, Tier 2 – 34% and Tier 3 – 19%
- By Designation – C level – 45%, Director level – 30%, Others – 25%
- By Region – APAC – 55%, North America - 25%, Europe – 13%, RoW – 7%

The key players operating in this market include Hyosung Corporation (South Korea), Du Pont (U.S.), Teijin ltd (Japan), Toray Industries (Japan), Asahi Kasei Corporation (Japan), Far Eastern New Century Corporation (Taiwan), and INVISTA (U.S.).

“Reasons to buy the report”:
- This report includes the market statistics pertaining to end-use industry, production process, and geography along with their respective volumes.
- The Porter’s five forces framework has been utilized along with the value chain analysis to provide an in-depth insight into the spandex fiber market.
- Major drivers, restraints, and opportunities for the spandex fiber market have been detailed in this report.
- Illustrative segmentation, analysis, and forecast for the markets based on end-use industry, production process, and geography has been conducted to give an overall view of the spandex fiber market.
- A detailed competitive landscape includes key players, in-depth analysis, and revenue of key players.

Table Of Contents

Spandex Fiber Market by Production Process, by End-Use and by Region - Forecast to 2020
TABLE OF CONTENTS

1 INTRODUCTION 13
1.1 OBJECTIVES OF THE STUDY 13
1.2 MARKET DEFINITION 13
1.3 MARKET SCOPE 14
1.3.1 MARKETS COVERED 14
1.3.2 YEARS CONSIDERED FOR THE STUDY 15
1.4 CURRENCY and PRICING 15
1.5 LIMITATIONS 16
1.6 STAKE HOLDERS 16
2 RESEARCH METHODOLOGY 17
2.1 RESEARCH DATA 18
2.1.1 SECONDARY DATA 18
2.1.1.1 KEY DATA FROM SECONDARY SOURCES 18
2.1.2 PRIMARY DATA 19
2.1.2.1 KEY DATA FROM PRIMARY SOURCES 19
2.1.2.2 KEY INDUSTRY INSIGHTS 19
2.1.2.3 BREAKDOWN OF PRIMARIES 20
2.2 MARKET SIZE ESTIMATION 20
2.2.1 BOTTOM-UP APPROACH 21
2.2.2 TOP DOWN APPROACH 21
2.3 MARKET BREAKDOWN and DATA TRIANGULATION 22
2.4 RESEARCH ASSUMPTIONS AND LIMITATIONS 23
3 EXECUTIVE SUMMARY 24
4 PREMIUM INSIGHTS 28
4.1 SIGNIFICANT OPPORTUNITIES FOR SPANDEX FIBER MARKET 28
4.2 SPANDEX FIBER MARKET: KEY REGIONS 28
4.3 SPANDEX FIBER MARKET IN ASIA-PACIFIC 29
4.4 SPANDEX FIBER MARKET ATTRACTIVENESS 30
4.5 SPANDEX FIBER MARKET SHARE, BY APPLICATION 31
4.6 LIFE CYCLE ANALYSIS, BY REGION 32

5 MARKET OVERVIEW 33
5.1 INTRODUCTION 34
5.2 MARKET SEGMENTATION 34
5.2.1 BY PRODUCTION PROCESS 35
5.2.2 BY END USE INDUSTRY 35
5.2.3 BY REGION 35
5.3 MARKET DYNAMICS 35
5.3.1 DRIVERS 36
5.3.1.1 Elongations, Flexibility and Comfort 36
5.3.1.2 Increasing disposable income in the developing countries 36
5.3.1.3 Wide range of applications across industries 37
5.3.2 RESTRAINTS 37
5.3.2.1 Sensitive to heat 37
5.3.2.2 Medical Issues 37
5.3.3 OPPORTUNITIES 37
5.3.3.1 Rapid growing demand in the textile industry 37
5.3.3.2 Higher growth in the Asia-Pacific market 37
6 INDUSTRY TRENDS 38
6.1 INTRODUCTION 38
6.2 VALUE CHAIN ANALYSIS 38
6.2.1 RAW MATERIALS 38
6.2.2 RESEARCH AND DEVELOPMENTS 39
6.2.3 MANUFACTURING 39
6.2.4 DISTRIBUTION NETWORK 39
6.3 PORTER'S FIVE FORCES ANALYSIS 40
6.3.1 THREAT OF NEW ENTRANTS 40
6.3.2 THREAT OF SUBSTITUTES 41
6.3.3 BARGAINING POWER OF SUPPLIERS 41
6.3.4 BARGAINING POWER OF BUYERS 41
6.3.5 INTENSITY OF COMPETITIVE RIVALRY 41
6.4 STRATEGIC BENCHMARKING 42
6.4.1 NEW PRODUCT LAUNCH 42
6.4.2 EXPANSIONS 42
6.4.3 COLLABORATION/ JOINT VENTURE/ PARTNERSHIP 43
7 SPANDEX FIBER MARKET, BY PRODUCTION PROCESS 44
7.1 INTRODUCTION 45
7.2 MARKET SIZE and PROJECTION 45
7.3 SOLUTION DRY SPINNING 46
7.4 SOLUTION WET SPINNING 47
8 SPANDEX FIBER MARKET, BY END USE INDUSTRY 50
8.1 INTRODUCTION 51
8.2 MARKET SIZE and PROJECTION 51
8.3 TEXTILE 53
8.4 HEALTHCARE 55
9 SPANDEX FIBER MARKET, BY REGION 57
9.1 INTRODUCTION 58
9.2 ASIA-PACIFIC 60
9.3 NORTH AMERICA 65
9.4 EUROPE 69
9.5 REST OF THE WORLD 74
10 COMPETITIVE LANDSCAPE 77
10.1 OVERVIEW 77
10.1.1 EXPANSION: MOST PREFERRED GROWTH STRATEGY 78
10.2 MAXIMUM DEVELOPMENTS IN BETWEEN 2010-2015 79
10.3 MAXIMUM DEVELOPMENTS IN 2015 80
10.4 HYOSUNG CORPORATION: TOP MOST PLAYER 81
10.5 COMPETITIVE SITUATION and TRENDS 82
10.5.1 EXPANSIONS 82
10.5.2 NEW PRODUCT LAUNCHES 83
10.5.3 COLLABORATIONS 83
10.5.4 NEW PROJECT ANNOUNCEMENTS 84
10.5.5 OTHER DEVELOPMENTS 84
11 COMPANY PROFILE 85
(Overview, Financial*, Products and Services, Strategy, and Developments)
11.1 INTRODUCTION 85
11.2 HYOSUNG CORPORATION 86
11.3 E. I. DU PONT DE NEMOURS AND COMPANY 90
11.4 TEIJIN LIMITED 93
11.5 FAR EASTERN NEW CENTURY CORPORATION 96
11.6 ASAHI KASEI CORPORATION 99
11.7 TORAY INDUSTRIES INC. 102
11.8 ACELON CHEMICAL AND FIBER CORPORATION 106
11.9 TOYOBO CO., LTD 109
11.10 INDORAMA CORPORATION 112
11.11 INVISTA 114
*Details might not be captured in case of unlisted companies

12 APPENDIX 116
12.1 DISCUSSION GUIDE 116
12.2 AVAILABLE CUSTOMIZATIONS 119


LIST OF TABLES

TABLE 1 PHYSICAL PROPERTIES OF SPANDEX 37
TABLE 2 SPANDEX FIBER MARKET: BY PRODUCTION PROCESS, 2015-2020 (USD MILLION) 46
TABLE 3 SPANDEX FIBER MARKET SIZE: BY PRODUCTION PROCESS, 2015-2020 (MT) 47
TABLE 4 SOLUTION DRY SPINNING MARKET, BY REGION, 2015-2020 (USD MILLION ) 47
TABLE 5 SOLUTION DRY SPINNING MARKET, BY REGION, 2015-2020 (MT) 47
TABLE 6 SOLUTION WET SPINNING MARKET, BY REGION, 2015-2020 (USD MILLION) 48
TABLE 7 SOLUTION WET SPINNING MARKET, BY REGION, 2015-2020 (MT) 48
TABLE 8 SOLUTION DRY SPINNING MARKET, BY END USE INDUSTRY,
2015-2020 (USD MILLION) 49
TABLE 9 SOLUTION DRY SPINNING MARKET, BY END USE INDUSTRY, 2015-2020 (MT) 49
TABLE 10 SOLUTION WET SPINNING MARKET, BY END USE INDUSTRY,
2015-2020 (USD MILLION) 49
TABLE 11 SOLUTION WET SPINNING MARKET, BY END USE INDUSTRY, 2015-2020 (MT) 50
TABLE 12 SPANDEX FIBER MARKET, BY END-USE INDUSTRY, 2013-2020 (USD MILLION) 53
TABLE 13 TEXTILE MARKET, BY PRODUCTION PROCESS, 2013-2020 (MT) 54
TABLE 14 TEXTILE MARKET, BY PRODUCTION PROCESS, 2013-2020 (USD MILLION) 54
TABLE 15 TEXTILE MARKET, BY REGION, 2013-2020 (MT) 55
TABLE 16 TEXTILE MARKET, BY REGION, 2013-2020 (USD MILLION) 55
TABLE 17 HEALTHCARE MARKET, BY PRODUCTION PROCESS, 2013-2020 (MT) 55
TABLE 18 HEALTHCARE MARKET, BY PRODUCTION PROCESS, 2013-2020 (USD MILLION) 56
TABLE 19 HEALTHCARE MARKET, BY REGION, 2013-2020 (MT) 56
TABLE 20 HEALTHCARE MARKET, BY REGION, 2013-2020 (USD MILLION) 56
TABLE 21 SPANDEX FIBER MARKET, BY REGION, 2013-2020 (MT) 59
TABLE 22 ASIA-PACIFIC: SPANDEX FIBER MARKET , BY COUNTRY, 2013-2020 (MT) 61
TABLE 23 ASIA PACIFIC : SPANDEX FIBER MARKET, BY ENDUSE INDUSTRY , 2013-2020 (MT) 61
TABLE 24 ASIA-PACIFIC: SPANDEX FIBER MARKET, BY PRODUCTION PROCESS,
2013-2020 (MT) 61
TABLE 25 CHINA: SPANDEX FIBER MARKET, BY PRODUCTION PROCESS, 2013-2020 (MT) 62
TABLE 26 CHINA: SPANDEX FIBER MARKET, BY END-USE INDUSTRY, 2013-2020 (MT) 62
TABLE 27 JAPAN: SPANDEX FIBER MARKET, BY PRODUCTION PROCESS, 2013-2020 (MT) 62
TABLE 28 JAPAN: SPANDEX FIBER MARKET , BY END-USE INDUSTRY, 2013-2020 (MT) 63
TABLE 29 SOUTH KOREA: SPANDEX FIBER MARKET, BY PRODUCTION PROCESS,
2013-2020 (MT) 63
TABLE 30 SOUTH KOREA: SPANDEX FIBER MARKET, BY ENDUSE INDUSTRY,
2013-2020 (MT) 63
TABLE 31 INDIA: SPANDEX FIBER MARKET , BY PRODUCTION PROCESS, 2013-2020 (MT) 64
TABLE 32 INDIA: SPANDEX FIBER MARKET , BY END USE INDUSTRY, 2013-2020 (MT) 64
TABLE 33 NORTH AMERICA: SPANDEX FIBER MARKET, BY COUNTRY, 2013-2020 (MT) 66
TABLE 34 NORTH AMERICA: SPANDEX FIBER MARKET, BY PRODUCTION PROCESS,
2013-2020 (MT) 66
TABLE 35 NORTH AMERICA: SPANDEX FIBER MARKET , BY END-USE INDUSTRY,
2013-2020 (MT) 66
TABLE 36 U.S: SPANDEX FIBER MARKET , BY PRODUCTION PROCESS, 2013-2020 (MT) 67
TABLE 37 U.S: SPANDEX FIBER MARKET, BY END-USE INDUSTRY, 2013-2020 (MT) 67
TABLE 38 MEXICO: SPANDEX FIBER MARKET, BY PRODUCTION PROCESS, 2013-2020 (MT) 67
TABLE 39 MEXICO: SPANDEX FIBER MARKET , BY END USE INDUSTRY, 2013-2020 (MT) 68
TABLE 40 CANADA: SPANDEX FIBER MARKET, BY PRODUCTION PROCESS, 2013-2020 (MT) 68
TABLE 41 CANADA: SPANDEX FIBER MARKET, BY END USE INDUSTRY, 2013-2020 (MT) 68
TABLE 42 EUROPE: SPANDEX FIBER MARKET, BY COUNTRY, 2013-2020 (MT) 70
TABLE 43 EUROPE: SPANDEX FIBER MARKET, BY PRODUCTION PROCESS, 2013-2020 (MT) 70
TABLE 44 EUROPE: SPANDEX FIBER MARKET, BY END USE INDUSTRY, 2013-2020 (MT) 70
TABLE 45 U.K.: SPANDEX FIBER MARKET, BY PRODUCTION PROCESS, 2013-2020 (MT) 71
TABLE 46 U.K.: SPANDEX FIBER MARKET , BY END USE INDUSTRY, 2013-2020 (MT) 71
TABLE 47 GERMANY: SPANDEX FIBER MARKET, BY PRODUCTION PROCESS,
2013-2020 (MT) 71
TABLE 48 GERMANY: SPANDEX FIBER MARKET, BY END USE INDUSTRY, 2013-2020 (MT) 72
TABLE 49 FRANCE: SPANDEX FIBER MARKET, BY PRODUCTION PROCESS, 2013-2020 (MT) 72
TABLE 50 FRANCE: SPANDEX FIBER MARKET, BY END USE INDUSTRY, 2013-2020 (MT) 72
TABLE 51 ITALY: SPANDEX FIBER MARKET, BY PRODUCTION PROCESS, 2013-2020 (MT) 73
TABLE 52 ITALY: SPANDEX FIBER MARKET , BY END USE INDUSTRY, 2013-2020 (MT) 73
TABLE 53 ROW: SPANDEX FIBER MARKET, BY COUNTRY, 2013-2020 (MT) 75
TABLE 54 ROW: SPANDEX FIBERMARKET, BY PRODUCTION PROCESS, 2013-2020 (MT) 75
TABLE 55 ROW: SPANDEX FIBERMARKET, BY END USE INDUSTRY, 2013-2020 (MT) 75
TABLE 56 TURKEY: SPANDEX FIBERMARKET, BY PRODUCTION PROCESS, 2013-2020 (MT) 75
TABLE 57 TURKEY: SPANDEX FIBERMARKET, BY END USE INDUSTRY, 2013-2020 (MT) 76
TABLE 58 BRAZIL: SPANDEX FIBER MARKET, BY PRODUCTION PROCESS, 2013-2020 (MT) 76
TABLE 59 BRAZIL: SPANDEX FIBER MARKET, BY END USE INDUSTRY, 2013-2020 (MT) 76
TABLE 60 EXPANSIONS, 2010-2015 82
TABLE 61 NEW PRODUCT LAUNCHES, 2010-2015 82
TABLE 62 COLLABORATIONS/ JOINT VENTURES/ PARTNERSHIPS, 2010-2015 83
TABLE 63 NEW PROJECT ANNOUNCEMENT, 2010-2015 83
TABLE 64 OTHER DEVELOPMENTS, 2010-2015 83
TABLE 65 HYOSUNG CORPORATION: PRODUCTS and THEIR DESCRIPTION 86
TABLE 66 E. I. DU PONT DE NEMOURS AND COMPANY: PRODUCTS and THEIR DESCRIPTION 90
TABLE 67 TEIJIN LIMITED : PRODUCTS and THEIR DESCRIPTIONS 92
TABLE 68 FAR EASTERN NEW CENTURY CORPORATION: PRODUCTS and THEIR DESCRIPTIONS 95
TABLE 69 ASAHI KASEI CORORATION: PRODUCTS and THEIR DESCRIPTIONS 98
TABLE 70 TORAY INDUSTRIES INC.: PRODUCTS and THEIR DESCRIPTIONS 101
TABLE 71 TOYOBO CO., LTD: PRODUCTS and THEIR DESCRIPTION 107
TABLE 72 INDORAMA CORPORATION: PRODUCTS and THEIR DESCRIPTIONS 110
TABLE 73 INVISTA: PRODUCTS and THEIR DESCRIPTION 112


LIST OF FIGURES

FIGURE 1 SPANDEX FIBER: MARKET SEGMENTATION 14
FIGURE 2 SPANDEX FIBER MARKET, RESEARCH DESIGN 17
FIGURE 3 KEY DATA FROM SECONDARY SOURCES 18
FIGURE 4 KEY DATA FROM PRIMARY SOURCES 19
FIGURE 5 KEY INDUSTRY INSIGHTS 19
FIGURE 6 BREAKDOWN OF PRIMARY INTERVIEWS, BY COMPANY TYPE, DESIGNATION and REGION 20
FIGURE 7 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH 21
FIGURE 8 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH 21
FIGURE 9 SPANDEX FIBER MARKET: DATA TRIANGULATION 22
FIGURE 10 SOLUTION DRY SPINNING TO DOMINATE THE SPANDEX FIBER MARKET BY VOLUME, 2015-2020 25
FIGURE 11 SOLUTION WET SPINNING TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD 25
FIGURE 12 ASIA-PACIFIC TO REGISTER HIGHER CAGR BETWEEN 2015 and 2020 26
FIGURE 13 TEXTLE INDUSTRY TO WITNESS MAXIMUM DEMAND FOR SPANDEX FIBER BETWEEN 2015-2020(METRIC TONS) 27
FIGURE 14 HIGH GROWTH IN THE GLOBAL SPANDEX FIBER MARKET BETWEEN 2015 and 2020 28
FIGURE 15 ASIA-PACIFIC EXPECTED TO ACCOUNT FOR THE LARGEST SHARE IN THE SPANDEX FIBER MARKET DURING THE FORECAST PERIOD 28
FIGURE 16 CHINA ACCOUNTED FOR THE LARGEST SHARE IN THE ASIA-PACIFIC REGION 29
FIGURE 17 RAPID INDUSTRIALIZATION IN EMERGING REGIONS TO BOOST THE DEMAND FOR SPANDEX FIBER BETWEEN 2015 and 2020 30
FIGURE 18 TEXTILE SEGMENT DOMINATED THE SPANDEX FIBER MARKET IN 2014 31
FIGURE 19 ASIA-PACIFIC TO EXPERIENCE HIGH GROWTH DURING THE FORECAST PERIOD 32
FIGURE 20 SPANDEX FIBER MARKET SEGMENTATION 34
FIGURE 21 SPANDEX MARKET: MARKET DYNAMICS 35
FIGURE 22 VALUE CHAIN ANALYSIS FOR SPANDEX FIBER: RAW MATERIAL ACCOUNTS FOR THE MAJOR VALUE ADDITION 38
FIGURE 23 PORTER'S FIVE FORCES ANALYSIS 40
FIGURE 24 STRATEGIC BENCHMARKING: HYOSUNG CORPORATION INTRODUCED SEVERAL PRODUCTS WITH HIGHER FLEXIBILITY THAN OTHER PRODUCTS 42
FIGURE 25 STRATEGIC BENCHMARKING: ASAHI KASEI CORPORATION FOCUSED ON EXPANSION TO CAPTURE A LARGE SHARE 42
FIGURE 26 STRATEGIC BENCHMARKING: COLLABORATION/PARTNERSHIP AMONG COMPANIES PLAY A MAJOR ROLE IN THIS MARKET 43
FIGURE 27 SOLUTION DRY SPINNING TO ACCOUNT FOR THE LARGEST SHARE DURING THE FORECAST PERIOD 45
FIGURE 28 HEALTHCARE INDUSTRY TO REGISTER THE HIGHEST CAGR DURING THE FORECAST YEAR (2015-2020) BY VALUE 51
FIGURE 29 TEXTILE INDUSTRY TO REGISTER THE HIGHEST CAGR DURING THE FORECAST YEAR (2015-2020) BY VOLUME 52
FIGURE 30 REGIONAL SNAPSHOT (2015-2020): INDIA and SOUTH KOREA EMERGING AS THE NEW STRATEGIC LOCATIONS 58
FIGURE 31 ASIA PACIFIC AND NORTH AMERICA LIKELY TO BE THE FASTEST-GROWING MARKETS FOR THE TEXTILE END-USER SEGMENT 59
FIGURE 32 ASIA-PACIFIC MARKET SNAPSHOT: SPANDEX FIBER MARKET (2014-2020) 60
FIGURE 33 NORTH AMERICA MARKET SNAPSHOT: SPANDEX FIBER MARKET (2014-2020) 65
FIGURE 34 EUROPE MARKET SNAPSHOT: SPANDEX FIBER MARKET (2014-2020) 69
FIGURE 35 ROW MARKET SNAPSHOT: SPANDEX FIBER MARKET (2015-2020) 74
FIGURE 36 COMPANIES PRIMARILY ADOPTED ORGANIC GROWTH STRATEGIES BETWEEN 2010-2015 77
FIGURE 37 KEY GROWTH STRATEGIES IN THE SPANDEX FIBER MARKET, 2010-2015 78
FIGURE 38 ASIA-PACIFIC HAS THE MOST NUMBER OF DEVELOPMENTS DURING THE FORECAST PERIOD 79
FIGURE 39 SPANDEX FIBER MARKET DEVELOPMENT SHARE, 2010-2015 80
FIGURE 40 SPANDEX FIBER MARKET: GROWTH STRATEGIES, BY COMPANY, 2010-2015 81
FIGURE 41 GEOGRAPHICAL REVENUE MIX OF TOP FIVE MARKET PLAYER 85
FIGURE 42 HYOSUNG CORPORATION : COMPANY SNAPSHOT 86
FIGURE 43 HYOSUNG CORPORATION: SWOT ANALYSIS 89
FIGURE 44 E. I. DU PONT DE NEMOURS AND COMPANY: COMPANY SNAPSHOT 90
FIGURE 45 E. I. DU PONT DE NEMOURS AND COMPANY: SWOT ANALYSIS 92
FIGURE 46 TEIJIN LIMITED: COMPANY SNAPSHOT 93
FIGURE 47 TEIJIN LIMITED: SWOT ANALYSIS 95
FIGURE 48 FAR EASTERN NEW CENTURY CORPORATION: COMPANY SNAPSHOT 96
FIGURE 49 FAR EASTERN NEW CENTURY CORPORATION: SWOT ANALYSIS 98
FIGURE 50 ASAHI KASEI CORPORATION: COMPANY SNAPSHOT 99
FIGURE 51 ASAHI KASEI CORPORATION: SWOT ANALYSIS 101
FIGURE 52 TORAY INDUSTRIES INC. : COMPANY SNAPSHOT 102
FIGURE 53 TORAY INDUSTRIES INC.: SWOT ANALYSIS 105
FIGURE 54 ACELON CHEMICAL AND FIBER CORPORATION: COMPANY SNAPSHOT 106
FIGURE 55 ACELON CHEMICAL AND FIBER CORPORATION: SWOT ANALYSIS 108
FIGURE 56 TOYOBO CO., LTD: COMPANY SNAPSHOT 109
FIGURE 57 TOYOBO CO., LTD: SWOT ANALYSIS 111

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