Textile & Apparel Inputs · Direct
Monitoring · monthlyProcurement Category Intelligence
Spandex / Elastane
Overview
Market size
$4.8B
global, USD
CAGR
5.2%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
6
tracked players
Signals
12
monitored
Market outlook
2031$6.2B
What changed
Demand by region
Asia Pacific demand64%
North America demand16%
Europe demand12%
Rest of world demand8%
share of global demandtotal 100%
Cost drivers
PTMEG feedstock45%
MDI feedstock20%
Energy and utility costs15%
Labor and manufacturing overhead12%
Logistics and packaging8%
share of delivered cost (analyst estimate)