Global Spandex Market Research Report: Forecast (2024-2030)

Name: Global Spandex Market Research Report: Forecast (2024-2030)
Creator: MarkNtel Advisors
License: https://www.marknteladvisors.com/privacy-policy

By Application (Clothing [Sportswear, Activewear, Others], Medical [Compression Garments & Bandages, Elastic Tapes & Wraps, Orthopedic Braces, Others], Home Furnishing [Furniture U...pholstery, Bed Linens, Curtains, Others], Automotive [Seat Covers, Headliners, Others], Others), By Technology (Dry Spinning, Wet Spinning, Reaction Spinning, Melt Extrusion), By Region (North America, South America, Europe, The Middle East & Africa, Asia-Pacific), By Company (Huafon Chemicals Co., Ltd, Hyosung TNC, Asahi Kasei Corporation, Taekwang Industrial Co., Ltd., Sunshining Ecotex Clothes Co., Ltd, Indorama Corporation, Jiangsu Shuangliang Spandex Co., Ltd, TK Chemical Corporation, Xiamen Lilong Spandex Co., Ltd, Yantai Tayho Advanced Material Co., Ltd, New Star Textile Co., Ltd, Positex, The LYCRA Company, Jining Ruyi High-tech Fibre Co., Ltd., Hangzhou Qingyun Advanced Materials Co., Ltd., Others ) Read more

FMCG
Oct 2023
Pages 197
Report Format: PDF, Excel, PPT

Market Definition

Spandex is a synthetic fiber known for its exceptional elasticity and is used in form-fitting consumer apparel, ties, handbags, pillows, bandages, masks, rubber tubing, etc. These fibers are lightweight and offer abrasion resistance, owing to which they are classified as superior to rubber.

Market Insights & Analysis: Global Spandex Market (2024-30):

The Global Spandex Market size is valued at around USD 8.3 billion in 2023 and estimated to grow at a CAGR of around 8.24% during the forecast period, i.e., 2024-30. The factors responsible for the growth of spandex across the globe have been the soaring usage of spandex fiber in the textile industries for manufacturing sportswear, garments, and casual wear, the increasing application of the spandex in the medical & healthcare industry, and rising usage in the automotive interiors, industrial belts, and other applications. The automotive industry highly uses spandex fiber due to its features like higher elasticity, durability, and resistance. This fiber is often blended with other textile materials such as leather, vinyl, Suede, and others to provide a snug fit for seat covers to enhance the overall appearance & comfort of the interior of automotive vehicles.

Report Coverage	Details
Study Period	Historical Data: 2019-22
	Base Year: 2023
	Forecast Period: 2024-30
CAGR (2024-2030)	8.24%
Regions Covered	North America: US, Canada, Mexico
	Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
	Asia-Pacific: China, India, Japan, South Korea, Australia, Southeast Asia, Rest of Asia-Pacific
	South America: Brazil, Argentina, Rest of South America
	Middle East & Africa: UAE, Saudi Arabia, South Africa, Egypt, Rest of MEA
Key Companies Profiled	Huafon Chemicals Co., Ltd, Hyosung TNC, Asahi Kasei Corporation, Taekwang Industrial Co., Ltd., Sunshining Ecotex Clothes Co., Ltd, Indorama Corporation, Jiangsu Shuangliang Spandex Co., Ltd, TK Chemical Corporation, Xiamen Lilong Spandex Co., Ltd, Yantai Tayho Advanced Material Co., Ltd, New Star Textile Co., Ltd, Positex, The LYCRA Company, Jining Ruyi High-tech Fibre Co., Ltd., Hangzhou Qingyun Advanced Materials Co., Ltd., Others
Market Value (2023)	USD 8.3 Billion

Moreover, several automotive manufacturers, including Honda, Volkswagen, etc., have started launching sunroof passenger cars. These convertible roofs & soft tops of automotive passenger vehicles require fibers that provide elasticity and ensure a snug fit, offering resistance to environmental factors like UV radiation & moisture. Thus, these automotive manufacturers are increasingly using spandex fiber to maintain the integrity of the roof material, driving the Global Spandex Market.

In addition, the demand for spandex is rising due to its increasing usage in the formation of medical masks, Orthopedic Braces, Surgical Garments, and other medical & healthcare garments. The growing instances of chronic diseases and the strict guidelines mandating the usage of medical masks to ensure safety in hospitals and medical facilities are augmenting the requirement for cloth face masks, consequently enhancing the Spandex Market size in the future years.

Global Spandex Market Driver

Surging Demand for Spandex Fibers in Medical Textile Industries – Hospitals & medical facilities have high patient traffic. Close patient contact and the presence of immune-compromised patients make these facilities susceptible to higher infection. High-touch surfaces like door knobs, bed rails, medical equipment, etc., are also at high contamination risk. As a result, healthcare workers across the globe tend to use face masks, gloves, etc., for protection from different viruses and bacteria. Medical textiles are manufactured using spandex due to their unique characteristics, including elasticity, comfort, and durability. Therefore, the increasing demand for these textiles to minimize the infection spread within healthcare facilities is driving the Global Spandex Material Market.

Global Spandex Market Research Report: Forecast (2024-2030)

In addition, spandex fiber is also being increasingly used for manufacturing bandages, rubber tubing, surgical hose hoses, braces, etc., to provide compression to the surgical areas and improve the functionality of medical products. Hence, the extensive spandex usage in medical product manufacturing is accelerating industry growth.

Increasing Textile Production to Meet the Demand for Apparel for the GenZ Population – Consumer preferences for clothing styles have undergone a notable change in recent years. Individuals, specifically GenZ, prefer to keep themselves on par with the latest trends online and follow the fashion statements made by celebrities & influencers. As a result, they often purchase the clothes & apparel that are currently in demand & trending.

Hence, the increasing & consistently changing consumer preferences are leading global apparel manufacturers to release seasonal collections like Winter-specific, autumn collections, etc., throughout the year. This is augmenting the demand for numerous apparel & enhancing production, consequently uplifting the requirement for spandex material.

Global Spandex Market Challenge

Availability of Low-cost Substitutes Impeding the Market Growth – Traditionally, the spandex fiber is manufactured via a specific chemical & catalyst-based process that involves the usage of certain chemicals like macro glycol, diisocyanate monomer, and others, making the production of spandex relatively higher. Hence, due to the increased production costs of spandex, manufacturers' price is significantly higher than other fibers such as nylon, cotton, polyester, and others in order to preserve profitability in their business.

The high cost of the spandex has led the end-user industries like apparel manufacturers, medical textile producers, etc., to incline towards the alternatives & seek cost-effective solutions. Substitutes like polyester, acrylic, etc., offer similar functionality like durability and are less expensive than spandex. As a result, more end-users are using these substitutes in place of spandex, restraining the Global Spandex Market.

Global Spandex Market (2024-30): Segmentation Analysis

The Global Spandex Market study of MarkNtel Advisors evaluates & highlights the major trends & influencing factors in each segment and includes predictions for the period 2024–2030 at the global, regional and national levels. In accordance to the analysis, the market has been further classified as:

Based on Application:

Clothing
Medical
Home Furnishing
Automotive
Others (Personal Care, Sports Equipment, etc.)

Spandex is extensively used in textile industries to manufacture numerous clothes like sportswear, activewear, swimwear, casual clothes, etc., making Clothing a leading application. Spandex provides higher stretchability & durability, which makes clothes more agile & comfortable for customers, thus apparel manufacturers prefer to use spandex.

The fiber also offers higher elasticity & wind resistance. As a result, athletes around the world prefer to wear spandex material clothes. Further, the spandex fiber is also increasingly used for casual wear such as socks & hosiery, increasing the share of clothing in the Spandex Market.

Global Spandex Market (2024-30): Regional Projection

Geographically, the Global Spandex Market expands across:

North America
South America
Europe
The Middle East & Africa
Asia-Pacific

Asia-Pacific holds a remarkable share in the Global Spandex Market due to the prevalence of several textile manufacturers in the region. Countries like China, India, etc., have lower labor rates & government policies that support the setup of industries in the country. As a result, there are numerous textile manufacturers in these countries, which enhances the demand for the spandex.

These countries export the apparel to other nations like the UAE, Africa, and others to cater to the requirements for different clothing articles. This increasing demand for clothes has led to the expansion of the textile industries across the region & has elevated the need for spandex to manufacture activewear & sportswear. Hence, the proliferating the Asia-Pacific Spandex Market.

Global Spandex Industry Recent Development:

2022: Hyosung TNC, announced the development of bio-based spandex using natural materials extracted from corn instead of coal.

Gain a Competitive Edge with Our Global Spandex Market Report

Global Spandex Market Report by MarkNtel Advisors provides a detailed & thorough analysis of market size & share, growth rate, competitive landscape, and key players. This comprehensive analysis helps businesses gain a holistic understanding of the market dynamics & make informed decisions.
This report also highlights current market trends & future projections, allowing businesses to identify emerging opportunities & potential challenges. By understanding market forecasts, companies can align their strategies & stay ahead of the competition.
Global Spandex Market Report aids in assessing & mitigating risks associated with entering or operating in the market. By understanding market dynamics, regulatory frameworks, and potential challenges, businesses can develop strategies to minimize risks & optimize their operations.

Frequently Asked Questions

A. The Spandex Market is expected to grow at a compound annual growth rate (CAGR) of around 8.24% from 2024 to 2030.

A. The surging demand for spandex fibers in medical textile industries and increasing textile production to meet the demand for apparel for the GenZ population are expected to drive the Spandex Market during 2024-30.

A. Some of the prominent players in the Spandex Market, are Huafon Chemicals Co. Ltd, Hyosung TNC, Asahi Kasei Corporation, Taekwang Industrial Co. Ltd, Sunshine Ecotex Clothes Co. Ltd, Indorama Corporation, Jiangsu Shuangliang Spandex Co. Ltd, TK Chemical Corporation, Xiamen Lilong Spandex Co. Ltd, Yantai Tayho Advanced Material Co. Ltd, New star Textile Co. Ltd, Positex, The LYCRA company, Jining Ruyi High-tech Fibre Co. Ltd, Hangzhou Qingyun Advanced Material Co. Ltd, and others.

A. The clothing segment held the largest share of the Spandex Market and would flourish in the forecast years as well.

A. Asia-Pacific would present growth prospects in the Spandex Market during 2024-30.

Global Spandex Market Research Report (2024-2030) - Table of Contents

Market Segmentation
Introduction
1. Product Definition
2. Research Process
3. Assumptions
Executive Summary
Global Spandex Market Trends & Insights
Global Spandex Market Dynamics
1. Drivers
2. Challenges
Global Spandex Market Supply Chain Analysis
Global Spandex Market Policies & Regulations
Global Spandex Market Hotspot & Opportunities
Global Spandex Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Quantity Sold (Thousand Tons)
2. Market Share & Analysis
  1. By Application
    1. Clothing- Market Size & Forecast 2019-2030F, Thousand Tons
      1. Sportswear- Market Size & Forecast 2019-2030F, Thousand Tons
      2. Activewear - Market Size & Forecast 2019-2030F, Thousand Tons
      3. Others (Swimwear, etc.)- Market Size & Forecast 2019-2030F, Thousand Tons
    2. Medical- Market Size & Forecast 2019-2030F, Thousand Tons
      1. Compression Garments & Bandages - Market Size & Forecast 2019-2030F, Thousand Tons
      2. Elastic Tapes & Wraps - Market Size & Forecast 2019-2030F, Thousand Tons
      3. Orthopedic Braces - Market Size & Forecast 2019-2030F, Thousand Tons
      4. Others (Prosthetic Devices, etc.) - Market Size & Forecast 2019-2030F, Thousand Tons
    3. Home Furnishing- Market Size & Forecast 2019-2030F, Thousand Tons
      1. Furniture Upholstery- Market Size & Forecast 2019-2030F, Thousand Tons
      2. Bed Linens- Market Size & Forecast 2019-2030F, Thousand Tons
      3. Curtains- Market Size & Forecast 2019-2030F, Thousand Tons
      4. Others (Rugs, Decorative Fabrics, etc.) - Market Size & Forecast 2019-2030F, Thousand Tons
    4. Automotive- Market Size & Forecast 2019-2030F, Thousand Tons
      1. Seat Covers- Market Size & Forecast 2019-2030F, Thousand Tons
      2. Headliners- Market Size & Forecast 2019-2030F, Thousand Tons
      3. Others- Market Size & Forecast 2019-2030F, Thousand Tons
    5. Others (Personal Care, Sports Equipment, etc.) - Market Size & Forecast 2019-2030F, Thousand Tons
  2. By Technology
    1. Dry Spinning- Market Size & Forecast 2019-2030F, Thousand Tons
    2. Wet Spinning- Market Size & Forecast 2019-2030F, Thousand Tons
    3. Reaction Spinning- Market Size & Forecast 2019-2030F, Thousand Tons
    4. Melt Extrusion- Market Size & Forecast 2019-2030F, Thousand Tons
  3. By Region
    1. North America
    2. South America
    3. Europe
    4. The Middle East & Africa
    5. Asia-Pacific
  4. By Company
    1. Competition Characteristics
    2. Market Share of Leading Companies
North America Spandex Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Quantity Sold (Thousand Tons)
2. Market Share & Analysis
  1. By Application- Market Size & Forecast 2019-2030, Thousand Tons
  2. By Technology- Market Size & Forecast 2019-2030, Thousand Tons
  3. By Country
    1. The US
    2. Canada
    3. Mexico
3. The US Spandex Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Quantity Sold (Thousand Tons)
  2. Market Share & Analysis
    1. By Application- Market Size & Forecast 2019-2030, Thousand Tons
    2. By Technology- Market Size & Forecast 2019-2030, Thousand Tons
4. Canada Spandex Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Quantity Sold (Thousand Tons)
  2. Market Share & Analysis
    1. By Application- Market Size & Forecast 2019-2030, Thousand Tons
    2. By Technology- Market Size & Forecast 2019-2030, Thousand Tons
5. Mexico Spandex Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Quantity Sold (Thousand Tons)
  2. Market Share & Analysis
    1. By Application- Market Size & Forecast 2019-2030, Thousand Tons
    2. By Technology- Market Size & Forecast 2019-2030, Thousand Tons
South America Spandex Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Quantity Sold (Thousand Tons)
2. Market Share & Analysis
  1. By Application- Market Size & Forecast 2019-2030, Thousand Tons
  2. By Technology - Market Size & Forecast 2019-2030, Thousand Tons
  3. By Country
    1. Brazil
    2. Argentina
    3. Rest of South America
3. Brazil Spandex Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Quantity Sold (Thousand Tons)
  2. Market Share & Analysis
    1. By Application- Market Size & Forecast 2019-2030, Thousand Tons
    2. By Technology- Market Size & Forecast 2019-2030, Thousand Tons
4. Argentina Spandex Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Quantity Sold (Thousand Tons)
  2. Market Share & Analysis
    1. By Application- Market Size & Forecast 2019-2030, Thousand Tons
    2. By Technology- Market Size & Forecast 2019-2030, Thousand Tons
Europe Spandex Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Quantity Sold (Thousand Tons)
2. Market Share & Analysis
  1. By Application- Market Size & Forecast 2019-2030, Thousand Tons
  2. By Technology- Market Size & Forecast 2019-2030, Thousand Tons
  3. By Country
    1. The UK
    2. Germany
    3. France
    4. Italy
    5. Spain
    6. Rest of Europe
3. The UK Spandex Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Quantity Sold (Thousand Tons)
  2. Market Share & Analysis
    1. By Application- Market Size & Forecast 2019-2030, Thousand Tons
    2. By Technology- Market Size & Forecast 2019-2030, Thousand Tons
4. Germany Spandex Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Quantity Sold (Thousand Tons)
  2. Market Share & Analysis
    1. By Application- Market Size & Forecast 2019-2030, Thousand Tons
    2. By Technology- Market Size & Forecast 2019-2030, Thousand Tons
5. France Spandex Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Quantity Sold (Thousand Tons)
  2. Market Share & Analysis
    1. By Application- Market Size & Forecast 2019-2030, Thousand Tons
    2. By Technology- Market Size & Forecast 2019-2030, Thousand Tons
6. Italy Spandex Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Quantity Sold (Thousand Tons)
  2. Market Share & Analysis
    1. By Application- Market Size & Forecast 2019-2030, Thousand Tons
    2. By Technology- Market Size & Forecast 2019-2030, Thousand Tons
7. Spain Spandex Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Quantity Sold (Thousand Tons)
  2. Market Share & Analysis
    1. By Application - Market Size & Forecast 2019-2030, Thousand Tons
    2. By Technology - Market Size & Forecast 2019-2030, Thousand Tons
The Middle East & Africa Spandex Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Quantity Sold (Thousand Tons)
2. Market Share & Analysis
  1. By Application- Market Size & Forecast 2019-2030, Thousand Tons
  2. By Technology- Market Size & Forecast 2019-2030, Thousand Tons
  3. By Country
    1. The UAE
    2. Saudi Arabia
    3. South Africa
    4. Egypt
    5. Rest of the Middle East & Africa
3. The UAE Spandex Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Quantity Sold (Thousand Tons)
  2. Market Share & Analysis
    1. By Application- Market Size & Forecast 2019-2030, Thousand Tons
    2. By Technology- Market Size & Forecast 2019-2030, Thousand Tons
4. Saudi Arabia Spandex Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Quantity Sold (Thousand Tons)
  2. Market Share & Analysis
    1. By Application- Market Size & Forecast 2019-2030, Thousand Tons
    2. By Technology- Market Size & Forecast 2019-2030, Thousand Tons
5. South Africa Spandex Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Quantity Sold (Thousand Tons)
  2. Market Share & Analysis
    1. By Application- Market Size & Forecast 2019-2030, Thousand Tons
    2. By Technology- Market Size & Forecast 2019-2030, Thousand Tons
6. Egypt Spandex Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Quantity Sold (Thousand Tons)
  2. Market Share & Analysis
    1. By Application- Market Size & Forecast 2019-2030, Thousand Tons
    2. By Technology- Market Size & Forecast 2019-2030, Thousand Tons
Asia-Pacific Spandex Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Quantity Sold (Thousand Tons)
2. Market Share & Analysis
  1. By Application- Market Size & Forecast 2019-2030, Thousand Tons
  2. By Technology- Market Size & Forecast 2019-2030, Thousand Tons
  3. By Country
    1. China
    2. Japan
    3. India
    4. South Korea
    5. Australia
    6. Southeast Asia
    7. Rest of Asia-Pacific
3. China Spandex Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Quantity Sold (Thousand Tons)
  2. Market Share & Analysis
    1. By Application- Market Size & Forecast 2019-2030, Thousand Tons
    2. By Technology- Market Size & Forecast 2019-2030, Thousand Tons
4. Japan Spandex Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Quantity Sold (Thousand Tons)
  2. Market Share & Analysis
    1. By Application- Market Size & Forecast 2019-2030, Thousand Tons
    2. By Technology- Market Size & Forecast 2019-2030, Thousand Tons
5. India Spandex Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Quantity Sold (Thousand Tons)
  2. Market Share & Analysis
    1. By Application- Market Size & Forecast 2019-2030, Thousand Tons
    2. By Technology- Market Size & Forecast 2019-2030, Thousand Tons
6. South Korea Spandex Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Quantity Sold (Thousand Tons)
  2. Market Share & Analysis
    1. By Application- Market Size & Forecast 2019-2030, Thousand Tons
    2. By Technology- Market Size & Forecast 2019-2030, Thousand Tons
7. Australia Spandex Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Quantity Sold (Thousand Tons)
  2. Market Share & Analysis
    1. By Application- Market Size & Forecast 2019-2030, Thousand Tons
    2. By Technology- Market Size & Forecast 2019-2030, Thousand Tons
Global Spandex Market Strategic Imperatives for Success & Growth
Competitive Outlook
1. Company Profiles
  1. Huafon Chemicals Co., Ltd
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  2. Hyosung TNC
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  3. Asahi Kasei Corporation
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  4. Taekwang Industrial Co., Ltd.
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  5. Sunshining Ecotex Clothes Co., Ltd.
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  6. Indorama Corporation
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  7. Jiangsu Shuangliang Spandex Co., Ltd.
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  8. TK Chemical Corporation
    1. Product Portfolio
    2. Strategic Alliances or Partnerships
    3. Recent Developments
    4. Financial Details
    5. Others
  9. Xiamen Lilong Spandex Co., Ltd.
    1. Product Portfolio
    2. Strategic Alliances or Partnerships
    3. Recent Developments
    4. Financial Details
    5. Others
  10. Yantai Tayho Advanced Material Co., Ltd.
    1. Product Portfolio
    2. Strategic Alliances or Partnerships
    3. Recent Developments
    4. Financial Details
    5. Others
  11. New Star Textile Co., Ltd
    1. Product Portfolio
    2. Strategic Alliances or Partnerships
    3. Recent Developments
    4. Financial Details
    5. Others
  12. Positex
    1. Product Portfolio
    2. Strategic Alliances or Partnerships
    3. Recent Developments
    4. Financial Details
    5. Others
  13. The LYCRA Company
    1. Product Portfolio
    2. Strategic Alliances or Partnerships
    3. Recent Developments
    4. Financial Details
    5. Others
  14. Jining Ruyi High-tech Fibre Co., Ltd.
    1. Product Portfolio
    2. Strategic Alliances or Partnerships
    3. Recent Developments
    4. Financial Details
    5. Others
  15. Hangzhou Qingyun Advanced Materials Co., Ltd.
    1. Product Portfolio
    2. Strategic Alliances or Partnerships
    3. Recent Developments
    4. Financial Details
    5. Others
  16. Others (Colossustex)
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