Spandex Fiber Market Size, Growth & Forecast | 2023-2028

Business1 years ago

Source: Spandex Fiber Market Size, Growth & Forecast | 2023-2028

The global spandex fiber market is expected to grow from USD 6.35 Bn in 2022 to USD 9.56 Bn by 2028 at a CAGR of 7.06% during 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. First invented at DuPont's laboratory in 1959, in Virginia, spandex is strong and durable.

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