Global Bio based Spandex Industry

Global Bio-based Spandex Industry Research & Trends Analysis Report

Global Bio based Spandex Industry

Global Bio-based Spandex Industry Research & Trends Analysis Report


Discover the latest insights into the booming Bio-based Spandex Market. This report analyzes market size, growth trends (CAGR 9.6%), key players, and regional performance, offering valuable data for investors and industry professionals. Explore market drivers, restraints, and future projections for 2025-2031.

Exclusive deal : 20% Instant discount on Direct purchases! Don't wait—claim your discount today!

According to the Market IntelliX Study, the global market for Bio-based Spandex should grow from US$ 1447 million in 2025 to US$ 2475 million by 2031, with a CAGR of 9.6% for the period of 2025 -2031.
​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.​

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.​

Key Insights & Strategic Takeaways Driving Market Outlook

(1) Global Bio-based Spandex market size (sales volume & revenue), history data from 2020 - 2025, and forecast data from {2025 to 2031.

(2) Global Bio-based Spandex market competitive situation, sales, revenue, price, and market share, from 2020 to 2025.

(3) China Bio-based Spandex market competitive situation, sales, revenue, price, and market share, from 2020 to 2025.

(4) Global Bio-based Spandex segment by region (or country), key regions cover the United States, Europe, China, Japan, South Korea, Southeast Asia, India, etc.

(5) Global Bio-based Spandex segment by type and by application, and regional segment by type and by application.

(6) Major global production regions of Bio-based Spandex , capacity, production, and trends.

(7) Bio-based Spandex industry supply chain, upstream, midstream, and downstream analysis.






In-Depth Assessment of Market Segmentation by Geographic Region
➤ North America (United States, Canada, and Mexico)
➤ Europe (UK, Germany, France, Russia, and Italy)
➤ Asia-Pacific (China, Korea, Japan, India, and Southeast Asia)
➤ South America (Brazil, Colombia, Argentina, etc.)
➤ The Middle East and Africa (Saudi Arabia, UAE, Nigeria, Egypt, and South Africa)

Segmentation by Product Type: Analytical Breakdown and Market Relevance
This section presents a comprehensive analysis of the market based on product type, highlighting segment-wise performance indicators, emerging trends, and their strategic implications within the overall industry landscape.
  • 20D-100D
  • 100D-1000D
  • Other

Market Segmentation by Application
Markets are categorized based on specific application areas, offering insight into usage trends and consumer preferences. This segmentation helps businesses tailor products, services, and strategies to align with diverse industry needs and customer demands.
  • Clothing
  • Household Products
  • Others

Market Segmentation by Key Players
This report examines the competitive landscape by categorizing market participants based on their roles, influence, and strategic positioning. Understanding player segmentation helps identify industry leaders, emerging competitors, and collaboration opportunities within the market.
  • Hyosung
  • Formosa Taffeta
  • LYCRA
  • Invista
  • Huafon Chemical

1 Market Overview

1.1 Bio-based Spandex Definition

1.2 Global Bio-based Spandex Market Size and Forecast

1.2.1 By Revenue, Global Bio-based Spandex Market Size, 2020-2031

1.2.2 By Sales Volume, Global Bio-based Spandex Market Size, 2020-2031

1.2.3 Global Bio-based Spandex Price Trend, 2020-2031

1.3 China Bio-based Spandex Market Size and Forecast

1.3.1 By Revenue, China Bio-based Spandex Market Size, 2020-2031

1.3.2 By Sales Volume, China Bio-based Spandex Market Size, 2020-2031

1.3.3 China Bio-based Spandex Price Trend, 2020-2031

1.4 China Percentage in Global Market

1.4.1 By Revenue, China Bio-based Spandex Share in Global Market, 2020-2031

1.4.2 By Sales Volume, China Bio-based Spandex Share in Global Market, 2020-2031

1.4.3 Bio-based Spandex Market Size: China VS Global, 2020-2031

1.5 Bio-based Spandex Market Dynamics

1.5.1 Bio-based Spandex Market Drivers

1.5.2 Bio-based Spandex Market Restraints

1.5.3 Bio-based Spandex Industry Trends

1.5.4 Bio-based Spandex Industry Policy

2 Global Competitive Landscape by Company

2.1 Global Bio-based Spandex Revenue by Company, 2020-2025

2.2 Global Bio-based Spandex Sales Volume by Company, 2020-2025

2.3 Global Bio-based Spandex Price by Company, 2020-2025

2.4 Global Bio-based Spandex Participants, Market Position (Tier 1, Tier 2, and Tier 3)

2.5 Global Bio-based Spandex Concentration Ratio

2.6 Global Bio-based Spandex Mergers & Acquisitions, Expansion Plans

2.7 Global Bio-based Spandex Manufacturers Product Type

3 China Competitive Landscape by Company

3.1 China Bio-based Spandex Revenue by Company, 2020-2025

3.2 China Bio-based Spandex Sales Volume by Company, 2020-2025

3.3 China Bio-based Spandex Bio-based Spandex Participants, Market Position (Tier 1, Tier 2, and Tier 3)

3.4 China Bio-based Spandex Market, Sales Percentage of Local Players VS Foreign Players (2020-2025)

3.5 Chinese Local Players, Bio-based Spandex Domestic VS Export

3.6 China Market, Bio-based Spandex Import & Export

3.6.1 China Market, Bio-based Spandex Import & Export, 2020-2031

3.6.2 China Bio-based Spandex Import & Export Trends

3.6.3 Main Sources of China Bio-based Spandex Import

3.6.4 Export Destination of China Bio-based Spandex

4 Bio-based Spandex Production by Region

4.1 Global Bio-based Spandex Capacity, Production and Capacity Utilization, 2020-2031

4.2 Global Geographic Distribution of Bio-based Spandex Manufacturers

4.3 Global Major Manufacturers, Bio-based Spandex Capacity Expansion and Future Plans

4.4 Global Bio-based Spandex Capacity by Region

4.5 Global Bio-based Spandex Production by Region

4.5.1 Global Bio-based Spandex Production & Forecast by Region, 2020 VS 2024 VS 2031

4.5.2 Global Bio-based Spandex Production by Region, 2020-2025

4.5.3 Global Bio-based Spandex Production Market Share & Forecast by Region, 2020-2031

5 Industry Chain Analysis

5.1 Bio-based Spandex Industry Chain

5.2 Bio-based Spandex Upstream Analysis

5.2.1 Bio-based Spandex Core Raw Materials

5.2.2 Main Manufacturers of Bio-based Spandex Core Raw Materials

5.3 Midstream Analysis

5.4 Downstream Analysis

5.5 Bio-based Spandex Production Mode

5.6 Bio-based Spandex Procurement Model

5.7 Bio-based Spandex Industry Sales Model and Sales Channels

5.7.1 Bio-based Spandex Sales Model

5.7.2 Bio-based Spandex Typical Distributors

6 Sights by Product Type

6.1 Bio-based Spandex Classification

6.1.1 20D-100D

6.1.2 100D-1000D

6.1.3 Other

6.2 by Type, Global Bio-based Spandex Market Size & CAGR, 2020 VS 2024 VS 2031

6.3 by Type, Global Bio-based Spandex Revenue, 2020-2031

6.4 by Type, Global Bio-based Spandex Sales Volume, 2020-2031

6.5 by Type, Global Bio-based Spandex Price, 2020-2031

7 Sights by Application

7.1 Bio-based Spandex Segment by Application

7.1.1 Clothing

7.1.2 Household Products

7.1.3 Others

7.2 by Application, Global Bio-based Spandex Market Size & CAGR, 2020 VS 2024 VS 2031

7.3 by Application, Global Bio-based Spandex Revenue, 2020-2031

7.4 by Application, Global Bio-based Spandex Sales Volume, 2020-2031

7.5 by Application, Global Bio-based Spandex Price, 2020-2031

8 Sales Sights by Region

8.1 By Region, Global Bio-based Spandex Market Size, 2020 VS 2024 VS 2031

8.2 By Region, Global Bio-based Spandex Revenue, 2020-2031

8.3 By Region, Global Bio-based Spandex Sales Volume, 2020-2031

8.4 North America

8.4.1 North America Bio-based Spandex Market Size & Forecasts, 2020-2031

8.4.2 By Country, North America Bio-based Spandex Market Size Market Share

8.5 Europe

8.5.1 Europe Bio-based Spandex Market Size & Forecasts, 2020-2031

8.5.2 By Country, Europe Bio-based Spandex Market Size Market Share

8.6 Asia Pacific

8.6.1 Asia Pacific Bio-based Spandex Market Size & Forecasts, 2020-2031

8.6.2 By Country/Region, Asia Pacific Bio-based Spandex Market Size Market Share

8.7 South America

8.7.1 South AmericaBio-based Spandex Market Size & Forecasts, 2020-2031

8.7.2 By Country, South America Bio-based Spandex Market Size Market Share

8.8 Middle East & Africa

9 Sales Sights by Country Level

9.1 By Country, Global Bio-based Spandex Market Size & CAGR，2020 VS 2024 VS 2031

9.2 By Country, Global Bio-based Spandex Revenue, 2020-2031

9.3 By Country, Global Bio-based Spandex Sales Volume, 2020-2031

9.4 United States

9.4.1 United States Bio-based Spandex Market Size, 2020-2031

9.4.2 By Company, United States Bio-based Spandex Sales Volume Market Share, 2024

9.4.3 by Type, United States Bio-based Spandex Market Size, Share, 2024 VS 2031

9.4.4 by Application, United States Bio-based Spandex Market Size, Share, 2024 VS 2031

9.5 Europe

9.5.1 Europe Bio-based Spandex Market Size, 2020-2031

9.5.2 By Company, Europe Bio-based Spandex Sales Volume Market Share, 2024

9.5.3 by Type, Europe Bio-based Spandex Market Size, Share, 2024 VS 2031

9.5.4 by Application, Europe Bio-based Spandex Market Size, Share, 2024 VS 2031

9.6 China

9.6.1 China Bio-based Spandex Market Size, 2020-2031

9.6.2 By Company, China Bio-based Spandex Sales Volume Market Share, 2024

9.6.3 by Type, China Bio-based Spandex Market Size, Share, 2024 VS 2031

9.6.4 by Application, China Bio-based Spandex Market Size, Share, 2024 VS 2031

9.7 Japan

9.7.1 Japan Bio-based Spandex Market Size, 2020-2031

9.7.2 By Company, Japan Bio-based Spandex Market Share, 2024

9.7.3 by Type, Japan Bio-based Spandex Market Size, Share, 2024 VS 2031

9.7.4 by Application, Japan Bio-based Spandex Market Size, Share, 2024 VS 2031

9.8 South Korea

9.8.1 South Korea Bio-based Spandex Market Size, 2020-2031

9.8.2 By Company, South Korea Bio-based Spandex Market Share, 2024

9.8.3 by Type, South Korea Bio-based Spandex Market Size, Share, 2024 VS 2031

9.8.4 by Application, South Korea Bio-based Spandex Market Size, Share, 2024 VS 2031

9.9 Southeast Asia

9.9.1 Southeast Asia Bio-based Spandex Market Size, 2020-2031

9.9.2 By Company, Southeast Asia Bio-based Spandex Market Share, 2024

9.9.3 by Type, Southeast Asia Bio-based Spandex Market Size, Share, 2024 VS 2031

9.9.4 by Application, Southeast Asia Bio-based Spandex Market Size, Share, 2024 VS 2031

9.10 India

9.10.1 India Bio-based Spandex Market Size, 2020-2031

9.10.2 By Company, India Bio-based Spandex Market Share, 2024

9.10.3 by Type, India Bio-based Spandex Market Size, Share, 2024 VS 2031

9.10.4 by Application, India Bio-based Spandex Market Size, Share, 2024 VS 2031

9.11 Middle East & Africa

9.11.1 Middle East & Africa Bio-based Spandex Market Size, 2020-2031

9.11.2 By Company, Middle East & Africa Bio-based Spandex Market Share, 2024

9.11.3 by Type, Middle East & Africa Bio-based Spandex Market Size, Share, 2024 VS 2031

9.11.4 by Application, Middle East & Africa Bio-based Spandex Market Size, Share, 2024 VS 2031

10 Manufacturers Profile

10.1 Hyosung

10.1.1 Hyosung Company Information, Head Office, Market Area, and Industry Position

10.1.2 Hyosung Bio-based Spandex Models, Specifications, and Application

10.1.3 Hyosung Bio-based Spandex Sales Volume, Revenue, Price and Gross Margin, 2020-2025

10.1.4 Hyosung Company Profile and Main Business

10.1.5 Hyosung Recent Developments

10.2 Formosa Taffeta

10.2.1 Formosa Taffeta Company Information, Head Office, Market Area, and Industry Position

10.2.2 Formosa Taffeta Bio-based Spandex Models, Specifications, and Application

10.2.3 Formosa Taffeta Bio-based Spandex Sales Volume, Revenue, Price and Gross Margin, 2020-2025

10.2.4 Formosa Taffeta Company Profile and Main Business

10.2.5 Formosa Taffeta Recent Developments

10.3 LYCRA

10.3.1 LYCRA Company Information, Head Office, Market Area, and Industry Position

10.3.2 LYCRA Bio-based Spandex Models, Specifications, and Application

10.3.3 LYCRA Bio-based Spandex Sales Volume, Revenue, Price and Gross Margin, 2020-2025

10.3.4 LYCRA Company Profile and Main Business

10.3.5 LYCRA Recent Developments

10.4 Invista

10.4.1 Invista Company Information, Head Office, Market Area, and Industry Position

10.4.2 Invista Bio-based Spandex Models, Specifications, and Application

10.4.3 Invista Bio-based Spandex Sales Volume, Revenue, Price and Gross Margin, 2020-2025

10.4.4 Invista Company Profile and Main Business

10.4.5 Invista Recent Developments

10.5 Huafon Chemical

10.5.1 Huafon Chemical Company Information, Head Office, Market Area, and Industry Position

10.5.2 Huafon Chemical Bio-based Spandex Models, Specifications, and Application

10.5.3 Huafon Chemical Bio-based Spandex Sales Volume, Revenue, Price and Gross Margin, 2020-2025

10.5.4 Huafon Chemical Company Profile and Main Business

10.5.5 Huafon Chemical Recent Developments

11 Conclusion

12 Appendix

12.1 Research Methodology

12.2 Data Source

12.2.1 Secondary Sources

12.2.2 Primary Sources

12.3 Market Estimation Model

12.4 Disclaimer

Tables & Figures:
Show more
Research Methodology:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Bio-based Spandex Market Size Estimation

To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.

Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.

Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.

We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.

Data Source

Secondary Sources

This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.

These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

Primary Sources

As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.

On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.

These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.

Key Data Information from Primary Sources

Primary Sources Parameters Key Data
Market Segments(by Application, by Type)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
Why is the Bio-based Spandex Market trending toward high growth trajectories?
A dynamic process in the Bio-based Spandex Market is initiated by new entrants, including competitors from unrelated industries, in addition to the established players like Hyosung, Formosa Taffeta, LYCRA, Invista, Huafon Chemical.
How competitive is the Bio-based Spandex Market going to be?
The strategic moves of the Bio-based Spandex Market players such as Hyosung, Formosa Taffeta, LYCRA, Invista, Huafon Chemical, and others clearly highlight consumer-centric strategies that use technology to improve customer experience.
Who are the significant end-users in the Bio-based Spandex Market?
The key end-users in the Bio-based Spandex Market are Clothing, Household Products, Others
What is the current state of the Bio-based Spandex Industry, and what is the projected growth trajectory through 2030?
In 2024, the Bio-based Spandex Market share surpassed USD xx million, and between 2025 and 2030, it will grow at a CAGR of yy%.
What is really changing the Bio-based Spandex Market behavior?
Consumer behavior changes will reshape the entire decision-making process and companies in the Bio-based Spandex Industry will need to adapt quickly.
What are the primary data sources used to evaluate the Bio-based Spandex Market sizing?
The majority of data for the Bio-based Spandex Industry is gathered through primary sources, which include interviews and surveys with industry experts from the core and related industries involved in the supply chain. Secondary sources, such as SEC filings, annual reports, whitepapers, and press releases, are also used.