Product Code:1236053
Published Date: Oct 31,2024
Pages: 81
Region: Global
Category: Chemical & Material
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Recycled Spandex Fiber is an innovative textile material made from post-industrial or post-consumer spandex waste. Traditionally, spandex (also known as elastane or Lycra) is a synthetic fiber renowned for its exceptional stretch and recovery properties, commonly used in activewear, swimwear, and other stretchy garments. Recycled spandex offers a more sustainable alternative by repurposing waste material, thus reducing reliance on virgin spandex, lowering environmental impact, and conserving resources. The global Recycled Spandex Fiber market size is projected to grow from US$ 156 million in 2024 to US$ 300 million in 2030; it is expected to grow at a CAGR of 11.5% from 2024 to 2030. LP Information, Inc. (LPI) ' newest research report, the “Recycled Spandex Fiber Industry Forecast” looks at past sales and reviews total world Recycled Spandex Fiber sales in 2023, providing a comprehensive analysis by region and market sector of projected Recycled Spandex Fiber sales for 2024 through 2030. With Recycled Spandex Fiber sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Recycled Spandex Fiber industry. This Insight Report provides a comprehensive analysis of the global Recycled Spandex Fiber landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Recycled Spandex Fiber portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Recycled Spandex Fiber market. This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Recycled Spandex Fiber and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Recycled Spandex Fiber. United States market for Recycled Spandex Fiber is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030. China market for Recycled Spandex Fiber is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030. Europe market for Recycled Spandex Fiber is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030. Global key Recycled Spandex Fiber players cover Hyosung, Formosa Taffeta, LYCRA, Invista, Huafon Chemical, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023. This report presents a comprehensive overview, market shares, and growth opportunities of Recycled Spandex Fiber market by product type, application, key manufacturers and key regions and countries. Segmentation by Type: 20D-100D 100D-1000D Other Segmentation by Application: Apparel & Clothing Medical & Healthcare Others This report also splits the market by region: Americas United States Canada Mexico Brazil APAC China Japan Korea Southeast Asia India Australia Europe Germany France UK Italy Russia Middle East & Africa Egypt South Africa Israel Turkey GCC Countries The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration. Hyosung Formosa Taffeta LYCRA Invista Huafon Chemical Key Questions Addressed in this Report What is the 10-year outlook for the global Recycled Spandex Fiber market? What factors are driving Recycled Spandex Fiber market growth, globally and by region? Which technologies are poised for the fastest growth by market and region? How do Recycled Spandex Fiber market opportunities vary by end market size? How does Recycled Spandex Fiber break out by Type, by Application?