Spandex Fibre Market - Growth, Trends [2028], & Analysis
Global Spandex Fibre Market has valued at USD10.82 billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 6.48% through 2028. Spandex fiber is a synthetic material derived from a long chain of polyurethane, known as lycra or elastane. Renowned for its exceptional elasticity, it surpasses rubber in durability. It boasts properties such as lightweightness, dyeability, and excellent abrasion resistance. Unlike other elastic materials, spandex fiber remains fray-free when tailored, making it a preferred choice in the textile industry. Its applications span a wide range, including swimwear, cycling wear, and casual wear. Moreover, it serves as a raw material for manufacturing healthcare products like surgical gloves and baby diapers. The growth of the global spandex fiber market is driven by factors such as population growth and changing fashion trends. Additionally, the market dynamics of spandex fibers in the textile sector ar...