Europe Spandex Market- Industry Trends and Forecast To 2029

Market Definition

Spandex fiber, also known as Lycra or elastane, is a long-chain polyurethane-polyurea copolymer that is composed of flexible macro-glycol segments and rigid di-isocyanate segments arranged in a specific order. The fiber is characterized by its exceptional elastic and recover properties. These characteristics entail its wide-scale use across a diverse set of applications in textile & clothing and healthcare industries. Some prominent areas of application for spandex fibers include sportswear, casual clothing, undergarments and home-furnishings. Healthcare applications of spandex fiber include compression stockings & hoses, diapers and bandages. 

Market Segmentation

Europe spandex market is segmented into two notable segments based on technology and application.

• On the basis of technology, the market is segmented into solution dry-spinning, wet-spinning and others

• On the basis of application, the market is segmented into clothing, medical, and others

Market Players

The key players of Europe spandex market are:

• HYOSUNG TNC
• Asahi Kasei Corporation.
• Xinxiang Sunshining Ecotex Clothes Co.,Ltd
• TORAY INDUSTRIES, INC.
• Mitsubishi Chemical Corporation