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SPANDEX MARKET ANALYSIS

Spandex Market, By Fabric Type (Two-Way and Four-Way), By Application (Apparel, Automotive, Medical, and Other Applications), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

  • Published In : Aug 2024
  • Code : CMI311
  • Pages :150
  • Formats :
      Excel and PDF
  • Industry : Advanced Materials

Market Concentration and Competitive Landscape

Spandex Market Concentration By Players

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Growing Demand from Home Furnishing and Interior Industry

Alongside apparel, home furnishing too has emerged as a key application sector driving demand for spandex. Changing lifestyles and small living spaces in urban areas have promoted comfortable, versatile and easy-to-clean furniture options. Spandex blended fabrics are leveraged innovatively to fulfil these criteria through sofa covers, cushion covers, curtains and more. Unlike conventional fabrics, spandex variants remain wrinkle-free and retain their shape after prolonged use without losing elasticity. Their soft, luxurious feel adds an aesthetic value suiting modern interior aesthetics.

Upholstery fabric manufacturers are leveraging spandex blends actively to cater evolving home trends. Mixing spandex with cotton, polyester or rayon imbibes stretch, flexibility and easy dressability in final furnishings. This has become indispensable for recliners, sofa or convertible sofa-cum-beds. Their stretch and resilient support eases sitting experience over long hours. Children’s furniture like bounce chairs or car seats made from spandex composites ensure safety. Stretch fabrics easily expand to accommodate baby’s growing physique with comfort.

Curtains and window treatments incorporated with spandex hold pleats and folds for extended periods without losing their form like regular cotton would. Their wrinkle-free drape lends an aesthetic appeal fitting interior decors. Spandex blended curtains pass sunlight sufficiently while maintaining privacy. Their long-lasting color and shape features lessen replacement expenses for homeowners in the long run. Increasing do-it-yourself (DIY) home projects have also boosted demand for comfortable, easy-to-handle spandex fabrics for making curtains, cushions and more through online tutorials.

Key Players Insights
  • INVISTA
  • Asahi Kasei Corporation
  • Hyosung Corporation
  • Zhejiang Huafon Spandex Co. Ltd.
  • Yantai Tayho Advanced Materials Co. Ltd.
  • Indorama Industries Ltd
  • TK Chemical Corp.
  • Taekwang Industrial Co. Ltd
  • Jiangsu Shaungliang Spandex Co. Ltd.
  • Xiamen Lilong Spandex Co. Ltd.
  • Tayho Advanced Materials Co., Ltd
  • DuPont
  • BASF
  • Mitsubishi Chemical
  • Dongil Industries
  • Nippon Shokubai
  • Guilin Songquan

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