What is the global market size of Americas Spandex Market?

Americas Spandex Market size was valued at USD 1.11 Billion in 2023 and is poised to grow from USD 1.24 Billion in 2024 to USD 3.08 Billion by 2032, growing at a CAGR of 12% during the forecast period (2025-2032).

Who are the key vendors in the Americas Spandex Market?

There is fierce competition among the major competitors in the spandex business in the Americas. By utilizing their wide product portfolios and global reach, top firms like Invista, Hyosung Corporation, and RadiciGroup have solidified a presence in the area. To preserve their market dominance, these industrial giants frequently engage in strategic alliances, acquisitions, and investments in R&D. 'Invista (Wichita, Kansas, USA)', 'Hyosung Corporation (Seoul, South Korea)', 'RadiciGroup (Bergamo, Italy)', 'Asahi Kasei Corporation (Tokyo, Japan)', 'Zhejiang Huafon Spandex Co., Ltd. (Zhejiang, China)', 'Highsun Synthetic Fiber Technologies Co., Ltd. (Shanghai, China)', 'Toray Industries, Inc. (Tokyo, Japan)', 'Teijin Limited (Tokyo, Japan)', 'TK Chemical Corporation (Seoul, South Korea)', 'Far Eastern New Century Corporation (Taipei, Taiwan)', 'Xiamen Lilong Spandex Co., Ltd. (Xiamen, China)', 'Asahi Spandex Co., Ltd. (Osaka, Japan)', 'TKA Textile Co., Ltd. (Seoul, South Korea)', 'Xinxiang Bailu Chemical Fiber Co., Ltd. (Henan, China)', 'Zhejiang Huafei Machinery Co., Ltd. (Zhejiang, China)', 'SRO Group (Stiren Runol) Ltd. (Tel Aviv, Israel)', 'Yantai Tayho Advanced Materials Co., Ltd. (Yantai, China)', 'Taekwang Industrial Co., Ltd. (Seoul, South Korea)', 'Tongkun Group Co., Ltd. (Zhejiang, China)', 'Shandong Ruyi Technology Group Co., Ltd. (Shandong, China)'

Top Americas Spandex Companies

Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Americas Spandex Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Americas Spandex industry players.

Americas Spandex Market Competitive Landscape

Regional competitors have also advanced significantly in the sector. They concentrate on providing customized spandex solutions and catering to narrow market groups, carving out a competitive niche within the larger market. Additionally, to address the rising need for eco-friendly alternatives to spandex, small and medium-sized businesses are making their mark by placing an emphasis on innovation and sustainability.

The competitive environment is changing, placing more value on sustainability and eco-aware behavior. To satisfy customer demand for greener choices, businesses are using environmentally friendly production techniques and materials. Competition is anticipated to spur innovation, product diversity, and sustainability measures across the sector as the spandex market in the Americas expands further.

Top Players in Americas Spandex Market

HYOSUNG TNC (South Korea)
Asahi Kasei Corporation (Japan)
TAEKWANG INDUSTRIAL CO., LTD (South Korea)
Indorama Corporation (Singapore)
Mitsubishi Chemical Engineering Corporation (Japan)
TORAY INDUSTRIES, INC. (Japan)
Yantai Tayho Advanced Materials Co., Ltd (China)
Xiamen Lilong Spandex Co., Ltd. (China)
Jiangsu Shuangliang Spandex Co., Ltd (China)
TK CHEMICAL CORPORATION (South Korea)
Huafon Chemical Co., Ltd. (China)
Toyobo Co., Ltd. (Japan)
Teijin Limited (Japan)
Far Eastern New Century Corporation (Taiwan)
Formosa Plastics Group (Taiwan)
Sinopec Yizheng Chemical Fibre Company Limited (China)
Zhejiang Huahai Spandex Co., Ltd. (China)
Taekwang Industrial Co., Ltd. (South Korea)
Hyosung Corporation (South Korea)
Shandong Ruyi Technology Group Co., Ltd. (China)

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FAQs

Americas Spandex Market size was valued at USD 1.24 Billion in 2024 and is poised to grow from USD 1.39 Billion in 2025 to USD 3.45 Billion by 2033, growing at a CAGR of 12% during the forecast period (2026–2033).

There is fierce competition among the major competitors in the spandex business in the Americas. By utilizing their wide product portfolios and global reach, top firms like Invista, Hyosung Corporation, and RadiciGroup have solidified a presence in the area. To preserve their market dominance, these industrial giants frequently engage in strategic alliances, acquisitions, and investments in R&D. 'HYOSUNG TNC (South Korea) ', 'Asahi Kasei Corporation (Japan) ', 'TAEKWANG INDUSTRIAL CO., LTD (South Korea) ', 'Indorama Corporation (Singapore) ', 'Mitsubishi Chemical Engineering Corporation (Japan) ', 'TORAY INDUSTRIES, INC. (Japan) ', 'Yantai Tayho Advanced Materials Co., Ltd (China) ', 'Xiamen Lilong Spandex Co., Ltd. (China) ', 'Jiangsu Shuangliang Spandex Co., Ltd (China) ', 'TK CHEMICAL CORPORATION (South Korea) ', 'Huafon Chemical Co., Ltd. (China) ', 'Toyobo Co., Ltd. (Japan) ', 'Teijin Limited (Japan) ', 'Far Eastern New Century Corporation (Taiwan) ', 'Formosa Plastics Group (Taiwan) ', 'Sinopec Yizheng Chemical Fibre Company Limited (China) ', 'Zhejiang Huahai Spandex Co., Ltd. (China) ', 'Taekwang Industrial Co., Ltd. (South Korea) ', 'Hyosung Corporation (South Korea) ', 'Shandong Ruyi Technology Group Co., Ltd. (China) '

In the Americas, as urban customers look for fashionable and comfortable clothing alternatives, rising populations and urbanization have increased consumption of clothes, especially garments filled with spandex.

E-commerce Growth: The reputation of e-commerce has multiplied the provision of garments with a spandex combination, giving clients entry to a massive choice on-line. As more human beings purchase garb online, this practice has multiplied, especially after the COVID-19 epidemic.

The Americas spandex market was dominated by North America, in particular the United States. The region's prominence was largely owing to its well-established fashion sector and the extensive usage of spandex in many sorts of garments. Clothing with spandex in it, from casual clothing to athletics, was particularly popular in the United States. The increased demand for spandex in North America was also fueled by the presence of top fashion labels and a focus on fitness and active lives.

Top Americas Spandex Companies

Americas Spandex Market Competitive Landscape

Top Players in Americas Spandex Market

FAQs

What is the global market size of Americas Spandex Market?

Who are the key vendors in the Americas Spandex Market?

What is the key driver of Americas Spandex Market?

What is the key market trend for Americas Spandex Market?

Which region accounted for the largest share in Americas Spandex Market?

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