Stretching Horizons: The Evolving Landscape of the Spandex Fiber Market
According to Stratview Research, the Global Spandex Fiber Market is expected to grow from USD 6.35 billion in 2022 to USD 9.56 billion by 2028 at a healthy CAGR of 7.06% during the forecast period of 2023-2028.
Spandex fiber is made up of a synthetic polymer called polyurethane which has extraordinary stretchability. By reacting polyester with diisocyanate which contains at least 85% polyurethane, the long chain of polymer is produced.
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