my country is the world’s largest spandex producer and the industry continues to develop well.

Polyurethane fiber, also known as spandex, is the most elastic synthetic fiber. It has a wide extension range, no wrinkles, high elastic recovery rate, wear resistance, soft and smooth feel, high comfort, and good dyeability. It has the advantages of sex, not easy to fade, acid and alkali resistance, wear resistance, anti-aging, small fineness, low density, etc. It is usually mixed with other fabrics and is a textile raw material with excellent comprehensive properties. Spandex is widely used and can be used to make mask straps, gloves, socks, textile collars/cuffs, underwear, tights, elastic bands, jumpsuits, diapers, bandages, band-aids, knee pads, parachutes and other products.

Compared with developed countries, my country’s spandex industry started relatively late. Production began in the 1980s. It entered a period of rapid growth from 2001 to 2015 and became the world’s largest producer and consumer of spandex. From 2015 to now, the industry has entered During the period of rapid capacity expansion, the head effect of enterprises is obvious.

According to the “2023-2028 China Spandex Industry Market In-depth Research and Development Prospects Forecast Report” released by the Industrial Research Center, in recent years , my country’s spandex industry is developing rapidly and production capacity continues to increase. At present, my country’s spandex production capacity accounts for more than 70% of the world’s and is the world’s largest spandex producer. With the development of my country’s national economy and changes in residents’ consumption habits, the public’s requirements for fabric comfort have increased. The application scope of spandex has continued to expand, market penetration has continued to increase, and demand has greatly increased. Among them, the increase in demand for clothing is the most obvious, with the spandex content of clothing rising from the traditional 4% to about 20%. In addition, spandex is the main raw material for medical items such as masks and protective clothing. Affected by the COVID-19 epidemic, the consumption of medical items has greatly increased, and the demand for spandex has increased, further promoting the development of spandex.

Among the key application fields of spandex, sportswear, swimwear, and tights account for the largest market share, accounting for approximately 28.4%; casual underwear and socks rank second, accounting for approximately 28.1%; casual clothing and health and medical supplies rank third, accounting for approximately 24.3%; home textile products ranked fourth, accounting for about 14.9%.

The number of spandex companies in my country is small, and the industry is highly concentrated. Huafeng Spandex, Hyosung Spandex, Xinxiang Chemical Fiber, Huahai Spandex, Taihe New Materials, Xinxiang Egret, Xiamen Lilong, Ningxia Guanneng, Yongrong Holdings, etc. are the leading spandex manufacturers in my country. Among them, the combined production capacity of Huafeng Spandex, Hyosung Spandex, Xinxiang Chemical Fiber, Huahai Spandex, and Taihe New Materials accounts for more than 75% of my country’s total spandex production capacity.

Industry analysts sources said that since 2020, Huafon Spandex, Hyosung Spandex, Xinxiang Chemical Fiber and other companies have successively announced the expansion of spandex production capacity. The production scale of the projects is more than 100,000 tons, and the content is focused on differentiated and functional spandex. my country’s spandex production capacity will be further concentrated on leading enterprises. It has become a trend for small and medium-sized enterprises and enterprises with backward production capacity to continue to withdraw from the spandex market. In addition, during the “14th Five-Year Plan” period, Ningdong, Ningxia will focus on the implementation of high-performance fiber industry cultivation projects, accelerate the introduction of fiber material technologies such as spandex to enterprises, and strive to build an important spandex production base in the world. Against this background, the development of my country’s spandex industry will continue to improve.