스판덱스 시장 : 점유율 분석, 업계 동향과 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the spandex market size was valued at 1.41 million tons in 2025 and estimated to grow from 1.49 million tons in 2026 to reach 1.96 million tons by 2031, at a CAGR of 5.63% during the forecast period (2026-2031).

This report is Segmented by Production Method (Solution Dry Spinning, Solution Wet Spinning, and Others), Application (Apparels, Medical, and Other Applications), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The Market Forecasts are Provided in Terms of Volume (Tons).

Global Spandex Market Trends and Insights

Rising Penetration of Athleisure and Performance Wear

Athleisure's rise from niche to mainstream has pushed spandex demand far beyond traditional sportswear. Performance apparel growth is driven by consumers who expect office-to-gym versatility. Remote-work culture reinforced casual dress codes, while direct-to-consumer brands accelerated innovation loops that reward fiber suppliers able to deliver consistent stretch, recovery, and moisture-management performance. Luxury labels such as Lululemon logged 25% year-over-year increases in technical fabric launches, underscoring how premium positioning no longer excludes high-function textiles.

Government-Backed Investments in Textile Clusters

National industrial policies in Egypt, Vietnam, and Bangladesh channel low-cost financing, tax holidays, and workforce training into integrated textile parks. These clusters shorten lead times and improve quality control by co-locating spinning, weaving, and finishing operations, thereby anchoring long-term demand for spandex suppliers that establish local feedstock and fiber facilities. Similar incentives in Turkey and India reinforce the structural role of textiles in employment generation, ensuring that spandex market demand remains resilient across economic cycles.

Intensifying NGO Pressure Over Micro-Plastic Pollution

Environmental groups spotlight microfiber shedding-up to 700,000 particles per wash-driving European Union rules on filtration and labeling. Consumer sentiment shifts toward natural or recycled options, compelling brands to specify low-shedding or biodegradable spandex variants. Compliance costs rise as producers add coating steps or invest in intrinsic biodegradation technologies, potentially narrowing price competitiveness versus alternative fibers.

Other drivers and restraints analyzed in the detailed report include:

1. Medical Compression Garments Demand Surge Post-COVID
2. Rapid Uptake of Seamless Knitting Technology
3. Petrochemical Feedstock Price Volatility

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Solution dry spinning commanded 91.78% spandex market share in 2025, reflecting its superior fiber uniformity, tensile strength, and dye uptake. The segment benefits from process control systems that minimize denier variability, a critical parameter for high-performance wearables. Aligning with sustainability targets, next-generation dry spinning lines reduce energy consumption by up to 20%, lowering specific carbon emissions. Alternative methods grouped under "Others" are projected to expand at a 6.08% CAGR through 2031 as solvent-free melt electrospinning and centrifugal techniques mature, albeit from a low base.

Emerging processes prioritize closed-loop solvent recovery and bio-based polymer integration, but scalability hurdles persist. Melt electrospinning's promise of solvent elimination suits regulatory pressure on VOC emissions, yet faces fiber-uniformity challenges at industrial speeds. Centrifugal spinning delivers high throughput but falls short on fine-denier control required for premium intimates and medical devices. Accordingly, established dry-spinning producers invest in hybrid pilot lines while safeguarding their dominant positions through proprietary polyurethane formulations that embed specific elasticity-retention profiles.

Complete Report Scope:

• By Production Method
  • Solution Dry Spinning
  • Solution Wet Spinning
  • Others
• By Application
  • Apparels
  • Medical
  • Other Applications
• By Geography
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Germany
    • United Kingdom
    • France
    • Italy
    • Russia
    • Rest of Europe
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle-East and Africa
    • Saudi Arabia
    • South Africa
    • Rest of Middle-East and Africa

Geography Analysis

Asia-Pacific retained a 63.88% share of the spandex market size in 2025, underpinned by China's integrated feedstock-to-fabric chain, South Korea's advanced polymer research and development, and India's expanding spinning capacity. Regional producers benefit from proximity to petrochemical clusters and dense export logistics networks. Yet Chinese overcapacity periodically depresses average selling prices, pushing mills to chase operational efficiency and product diversification. Environmental upgrades mandated by updated emission norms require capital expenditure that may accelerate regional consolidation.

The Middle-East and Africa are forecast to deliver the highest CAGR at 6.11% during 2026-2031. Egypt's integrated textile park projects and Saudi Arabia's Vision 2030 incentives attract overseas investors keen on duty-free access to European and U.S. markets. Competitive electricity tariffs and modern port infrastructure further elevate the region as an emerging spandex market production hub.

The European Union's Digital Product Passport and extended producer responsibility frameworks stimulate demand for low-impact elastomers and localized recycling loops. Nearshoring trends in Mexico and Central Europe offer quick-turn replenishment advantages that complement, rather than replace, Asia-centric bulk supply chains. South America, anchored by Brazil, shows moderate growth as domestic sportswear brands scale and public healthcare systems embrace compression therapies.

1. Asahi Kasei Corporation
2. Huafon Chemical Co., Ltd.
3. HYOSUNG
4. Indorama Corporation
5. Jining Ruyi High-tech Fibre Co.,Ltd.
6. Mitsui Chemicals, Inc.
7. TAEKWANG INDUSTRIAL CO., LTD
8. The LYCRA Company
9. TK CHEMICAL CORPORATION
10. TORAY INDUSTRIES, INC.
11. Xiamen Lilong Spandex Co., Ltd.
12. Yantai Tayho Advanced Materials Co., Ltd.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 Introduction

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 Research Methodology

3 Executive Summary

4 Market Landscape

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Rising penetration of athleisure and performance wear
  • 4.2.2 Government-backed investments in textile clusters
  • 4.2.3 Medical compression garments demand surge post-COVID
  • 4.2.4 Rapid uptake of seamless knitting technology in apparel
  • 4.2.5 Bio-based diisocyanate breakthroughs lowering carbon footprint
• 4.3 Market Restraints
  • 4.3.1 Intensifying NGO pressure over micro-plastic pollution
  • 4.3.2 Petrochemical feedstock price volatility
  • 4.3.3 Supply-demand imbalance due to China capacity additions
• 4.4 Value Chain Analysis
• 4.5 Porter's Five Forces Analysis
  • 4.5.1 Bargaining Power of Suppliers
  • 4.5.2 Bargaining Power of Buyers
  • 4.5.3 Threat of New Entrants
  • 4.5.4 Threat of Substitutes
  • 4.5.5 Degree of Competition

5 Market Size and Growth Forecasts (Volume)

• 5.1 By Production Method
  • 5.1.1 Solution Dry Spinning
  • 5.1.2 Solution Wet Spinning
  • 5.1.3 Others
• 5.2 By Application
  • 5.2.1 Apparels
  • 5.2.2 Medical
  • 5.2.3 Other Applications
• 5.3 By Geography
  • 5.3.1 Asia-Pacific
    • 5.3.1.1 China
    • 5.3.1.2 India
    • 5.3.1.3 Japan
    • 5.3.1.4 South Korea
    • 5.3.1.5 Rest of Asia-Pacific
  • 5.3.2 North America
    • 5.3.2.1 United States
    • 5.3.2.2 Canada
    • 5.3.2.3 Mexico
  • 5.3.3 Europe
    • 5.3.3.1 Germany
    • 5.3.3.2 United Kingdom
    • 5.3.3.3 France
    • 5.3.3.4 Italy
    • 5.3.3.5 Russia
    • 5.3.3.6 Rest of Europe
  • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
  • 5.3.5 Middle-East and Africa
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.2 South Africa
    • 5.3.5.3 Rest of Middle-East and Africa

6 Competitive Landscape

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share (%)/Ranking Analysis
• 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
  • 6.4.1 Asahi Kasei Corporation
  • 6.4.2 Huafon Chemical Co., Ltd.
  • 6.4.3 HYOSUNG
  • 6.4.4 Indorama Corporation
  • 6.4.5 Jining Ruyi High-tech Fibre Co.,Ltd.
  • 6.4.6 Mitsui Chemicals, Inc.
  • 6.4.7 TAEKWANG INDUSTRIAL CO., LTD
  • 6.4.8 The LYCRA Company
  • 6.4.9 TK CHEMICAL CORPORATION
  • 6.4.10 TORAY INDUSTRIES, INC.
  • 6.4.11 Xiamen Lilong Spandex Co., Ltd.
  • 6.4.12 Yantai Tayho Advanced Materials Co., Ltd.

7 Market Opportunities and Future Outlook

• 7.1 White-space and unmet-need assessment