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Asia-Pacific Spandex Market Size, Share, Growth, Scope, Industry Analysis


Description
Spandex market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing at a CAGR of 6.2% in the forecast period of 2022 to 2029 and expected to reach USD 3,834,459.05 thousand by 2029. 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, and diapers and bandages.
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