Americas Spandex Market Size, Share, Growth Analysis, By Application(Apparel, Sportswear, Gloves, Swimwear), By Region - Industry Forecast 2024-2031

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.

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 Player’s Company Profiles

• 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)