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Spandex Fiber Market by Production Process, by End-Use & by Region - Forecast to 2020

Spandex Fiber Market: Forecast until 2020

  • January 2016
  • 120 pages
  • ID: 3587950
In this report:
The solution dry spinning segment dominates the spandex fiber market in Mexico, by production process in terms of volume, recorded ##,##.## metric tons in 2014, and is expected to reach ##,##.## metric tons by 2020 at a CAGR of ##.##% during the forecast period.
In terms of volume, the total spandex fiber market in Asia-Pacific, by production process was recorded at ##,##.## metric tons in 2014, and is projected to reach ##,##.## metric tons by 2020, growing at a CAGR of ##.##% between 2015 and 2020.

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The spandex fiber market is anticipated to increase at a compound annual growth rate (CAGR) of 7.20 percent from 2015 to 2020. Elements such as growing awareness and growing disposable income are propelling the increase of the spandex fiber smarket.

Textile is anticipated to rise at the highest CAGR (Compound annual growth rate)

In the spandex fiber market, the textile sector is forecasted to grow at a significant pace during the outlook period. In the textile market, spandex fiber is used across application areas including sportswear, swimwear, apparel, lingerie, active wear, and other stretchable fiber. Growing awareness for the stretchable fiber is one of the reason for increasing demand of spandex fiber in the textile sector.

Asia-Pac is the quickest-increasing area in the spandex fiber market

The sector in Asia-Pacific is anticipated to grow at the highest compound annual growth rate (CAGR) from 2015 to 2020. The rise is assigned to rising industrialization in this area. The growing production facilities by market actors in Asia-Pac is the main factor responsible for the rising spandex fiber market in the territory. Futhermore, the presence of local players including Teijin Ltd, Toray Markets, and Asahi Kasei are also contributing towards the increase of the spandex market.

Different primary interviews with market experts have been conducted across four main regions, that is, the North America, Europe (EU), Asia Pacific (APAC), and Rest of the globe (Brazil (BR) and Turkey (TR)). The primary participants considered for the market research are C level executives, managers, and D level executives of the Tier n1, Tier n2, and Tier n3 firms.

- By Company Type - Tier 1 - 47.0 percent, Tier 2 - 34.0 percent and Tier 3 - 19.0 percent

- By Description - C-suite - 45.0 percent, D-level - 30.0 percent, Others - 25.0 percent

- By area - APAC - 55.0 percent, North america (NA) - 25.0 percent, Europe - 13.0 percent, RoW - 7.0 percent

The top players operating in this sector contain Hyosung Corporation, Du Pont, Teijin ltd, Toray Sectors, Asahi Kasei Corporation, Far Eastern New Century Corporation, and INVISTA.

Why acquiring this study can help you:

- This business report includes the industry statistics pertaining to end-use market, production process, and territory together with their respective volumes.

- The porter's five forces scheme has been exploited along with the value chain study to offer a detailed insight into the spandex fiber market.

- Main drivers, market restraints, and alternatives for the spandex fiber market have been precised in this industry report.

- Figures of segmentation, study, and estimate for the industries established on end-use sector, production process, and area has been conducted to give an global view of the spandex fiber market.

- An exhaustive competitive analysis includes top players, complete study, and revenue of main actors.

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