Dublin, Jan. 27, 2016 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/wmrrrx/spandex_fiber) has announced the addition of the "Spandex Fiber Market by Production Process (Solution Dry Spinning, and Solution Wet Spinning), by End-Use (Textile, and Healthcare) & by Region (Asia-Pacific, North America, Europe, and RoW) - Forecast to 2020" report to their offering.
The key players operating in this market include Hyosung Corporation (South Korea), Du Pont (U.S.), Teijin ltd (Japan), Toray Industries (Japan), Asahi Kasei Corporation (Japan), Far Eastern New Century Corporation (Taiwan), and INVISTA (U.S.).
The spandex fiber market is expected to grow at a CAGR of 7.2% between 2015 and 2020. Factors such as increasing awareness and increasing disposable income are propelling the growth of the spandex fiber smarket.
Textile is expected to grow at the highest CAGR
In the spandex fiber market, the textile industry is estimated to grow at a significant pace during the forecast period. In the textile industry, spandex fiber is used across application areas such as sportswear, swimwear, apparel, lingerie, active wear, and other stretchable fiber. Increasing awareness for the stretchable fiber is one of the reason for growing demand of spandex fiber in the textile industry.
APAC is the fastest-growing region in the spandex fiber market
The market in APAC is expected to grow at the highest CAGR between 2015 and 2020. The growth is attributed to increasing industrialization in this region. The increasing production facilities by market players in APAC is the main factor responsible for the increasing spandex fiber market in the region. Further, the presence of local players such as Teijin Ltd (Japan), Toray Industries (Japan), and Asahi Kasei (Japan) are also contributing towards the growth of the spandex market.
Several primary interviews with market experts have been conducted across four major regions, namely, the North America, Europe, Asia-Pacific, and Rest of the World (Brazil and Turkey). The primary participants considered for the study are C level executives, managers, and D level executives of the tier 1, tier 2, and tier 3 companies.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Spandex Fiber Market, By Production Process
8 Spandex Fiber Market, By End Use Industry
9 Spandex Fiber Market, By Region
10 Competitive Landscape
11 Company Profile
Companies Mentioned:
- Acelon Chemical And Fiber Corporation
- Asahi Kasei Corporation
- E. I. Du Pont De Nemours And Company
- Far Eastern New Century Corporation
- Hyosung Corporation
- Indorama Corporation
- Invista
- Teijin Limited
- Toray Industries Inc.
- Toyobo Co., Ltd
For more information visit http://www.researchandmarkets.com/research/wmrrrx/spandex_fiber