The global Bio-based Spandex market size is predicted to grow from US$ 1331 million in 2025 to US$ 2434 million in 2031; it is expected to grow at a CAGR of 10.6% from 2025 to 2031.
Bio-based spandex (also called bio-spandex or bio-elastane) is a sustainable alternative to traditional spandex (elastane), made from renewable plant-based resources instead of fossil fuels. It retains the stretch, durability, and elasticity of conventional spandex while reducing environmental impact.
The bio-based spandex market is experiencing significant growth, driven by increasing demand for sustainable textiles, technological advancements, and supportive regulatory frameworks.
Environmental Concerns: Rising awareness about the environmental impact of synthetic fibers is prompting manufacturers to adopt eco-friendly alternatives like bio-based spandex.
Technological Advancements: Innovations in bio-based polymer production are enhancing the quality and performance of bio-spandex, making it a viable substitute for traditional spandex.
PW Consulting
Regulatory Support: Governments worldwide are implementing policies that favor the use of renewable and sustainable materials, further propelling market growth.
Textile and Apparel: Bio-based spandex is increasingly used in clothing, particularly in activewear and sportswear, due to its elasticity and sustainability.
LP Information, Inc. (LPI) ' newest research report, the “Bio-based Spandex Industry Forecast” looks at past sales and reviews total world Bio-based Spandex sales in 2024, providing a comprehensive analysis by region and market sector of projected Bio-based Spandex sales for 2025 through 2031. With Bio-based Spandex sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bio-based Spandex industry.
This Insight Report provides a comprehensive analysis of the global Bio-based Spandex 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 Bio-based Spandex portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Bio-based Spandex market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bio-based Spandex 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 Bio-based Spandex.
This report presents a comprehensive overview, market shares, and growth opportunities of Bio-based Spandex market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
20D-100D
100D-1000D
Other
Segmentation by Application:
Clothing
Household Products
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 Bio-based Spandex market?
What factors are driving Bio-based Spandex market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Bio-based Spandex market opportunities vary by end market size?
How does Bio-based Spandex break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
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