The Global Recycled Spandex Market was valued at USD 387.5 Million in 2024 and is projected to reach USD 782.3 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 7.9% during the forecast period (2025–2032). This robust growth is being fueled by escalating consumer demand for sustainable apparel, stringent environmental regulations, and the accelerating adoption of circular economy principles by major fashion and sportswear brands worldwide.

As the textile industry accelerates its transition toward low-impact manufacturing and sustainable materials, the focus intensifies on the key fiber producers and innovators driving this transformation. In this blog, we profile the Top 10 Companies in the Recycled Spandex Industry—a dynamic mix of chemical giants, specialized recyclers, and textile innovators shaping the future of elastic fibers.

Download FREE Sample Report: Recycled Spandex Market – View in Detailed Research Report

---

🔟 1. Huafon Chemical Co., Ltd.

Headquarters: Wenzhou, Zhejiang, China
Key Offering: Recycled Spandex yarns (Various deniers), Virgin Spandex

Huafon Chemical stands as one of the world’s largest producers of spandex, with a rapidly expanding portfolio of recycled spandex products. The company leverages its massive production scale and integrated supply chain to produce high-quality recycled fibers from post-industrial waste. Their commitment to R&D has positioned them as a critical supplier to global apparel manufacturers seeking sustainable stretch materials.

Sustainability Initiatives:

• Investment in advanced chemical recycling technologies for spandex waste

• Partnerships with major sportswear brands for dedicated recycled fiber lines

• Target to increase recycled content in product portfolio to 30% by 2026

---

9️⃣ 2. Asahi Kasei Corporation

Headquarters: Tokyo, Japan
Key Offering: ROICA™ Eco-Smart recycled spandex

Asahi Kasei is a global chemical leader renowned for its innovative ROICA™ branded spandex. The company’s Eco-Smart range comprises recycled spandex fibers that maintain premium performance qualities while significantly reducing environmental impact. Their proprietary recycling processes ensure consistent fiber quality for demanding applications in fashion and sportswear.

Sustainability Initiatives:

• Development of Cradle to Cradle Certified™ Gold level recycled spandex

• Global partnerships for circular textile initiatives

• Commitment to carbon neutrality across production processes by 2050

Download FREE Sample Report: Recycled Spandex Market – View in Detailed Research Report

---

8️⃣ 3. HYOSUNG

Headquarters: Seoul, South Korea
Key Offering: creora® regen recycled spandex

HYOSUNG’s creora® regen is a leading recycled spandex brand in the global market, known for its high elasticity and eco-friendly credentials. The company utilizes both mechanical and chemical recycling methods to transform spandex waste into premium-grade fibers suitable for intimate apparel, activewear, and everyday fashion.

Sustainability Initiatives:

• Global Recycled Standard (GRS) certification for creora® regen products

• Strategic alliances with textile waste collectors and recyclers

• Investment in R&D for biodegradable and bio-based spandex alternatives

---

7️⃣ 4. Fujian Zhaoshen Environmental Protection Technology

Headquarters: Fujian, China
Key Offering: Specialty recycled spandex for technical textiles

Fujian Zhaoshen specializes in the environmental protection technology sector, with a strong focus on recycling synthetic fibers. The company has developed proprietary processes for efficiently recycling spandex blends, making them a key player in the Asian recycled textiles market, particularly for specialized applications.

Sustainability Initiatives:

• Development of low-energy spandex recycling processes

• Focus on closed-loop manufacturing systems

• Partnerships with local municipalities for textile waste collection

---

6️⃣ 5. The LYCRA Company

Headquarters: Wilmington, Delaware, USA
Key Offering: LYCRA® fiber with recycled content

The LYCRA Company, home to one of the most recognized stretch fiber brands globally, has integrated recycled materials into its product lines. Their commitment to innovation extends to developing recycled spandex solutions that meet the performance standards expected from the LYCRA® brand while advancing sustainability goals.

Sustainability Initiatives:

• Introduction of LYCRA® EcoMade fiber made with recycled materials

• CO2 reduction targets aligned with Science Based Targets initiative

• Collaboration with fashion brands on sustainable collection launches

---

5️⃣ 6. Xinxiang Chemical Fiber Co., Ltd.

Headquarters: Xinxiang, Henan, China
Key Offering: Recycled spandex yarns for various applications

Xinxiang Chemical Fiber is a significant manufacturer in China’s textile fiber industry, with growing capabilities in recycled spandex production. The company supplies fibers to domestic and international markets, focusing on maintaining competitive quality while integrating sustainable manufacturing practices.

Sustainability Initiatives:

• Expansion of recycled fiber production capacity

• Implementation of energy-efficient manufacturing technologies

• Development of traceability systems for recycled content

Download FREE Sample Report: Recycled Spandex Market – View in Detailed Research Report

---

4️⃣ 7. Everest Textile Co., Ltd.

Headquarters: Tainan, Taiwan
Key Offering: Recycled spandex-blended fabrics and yarns

Everest Textile operates with vertical integration from fiber recycling to fabric production. The company specializes in creating high-performance textiles that incorporate recycled spandex, particularly for the sportswear and outdoor apparel sectors, offering comprehensive sustainable textile solutions.

Sustainability Initiatives:

• Pioneering work in recycling spandex-cotton and spandex-polyester blends

• Investment in waterless dyeing technologies for recycled fabrics

• Certifications for various international sustainability standards

---

3️⃣ 8. Toray Industries, Inc.

Headquarters: Tokyo, Japan
Key Offering: Specialty recycled elastane fibers

Toray Industries, a global leader in advanced materials, applies its technological expertise to the development of high-performance recycled spandex. The company focuses on creating fibers with enhanced sustainability profiles without compromising on the technical properties required by premium apparel brands.

Sustainability Initiatives:

• Integration of recycled spandex into broader sustainable textile initiatives

• R&D focus on carbon footprint reduction in fiber production

• Collaboration with fashion houses on sustainable luxury collections

---

2️⃣ 9. Indorama Ventures Public Company Limited

Headquarters: Bangkok, Thailand
Key Offering: Recycled spandex and polyester-spandex blends

As one of the world’s leading petrochemical producers, Indorama Ventures has entered the recycled spandex market through strategic investments and acquisitions. The company leverages its extensive manufacturing infrastructure and global reach to scale recycled fiber production efficiently.

Sustainability Initiatives:

• Commitment to investing $1.5 billion in sustainability projects by 2025

• Development of integrated recycling ecosystems for synthetic fibers

• Partnerships with global brands for circular economy initiatives

---

1️⃣ 10. Unifi, Inc.

Headquarters: Greensboro, North Carolina, USA
Key Offering: REPREVE® OurSpandex recycled fiber

Unifi is renowned for its REPREVE® recycled fibers, and the company has extended this successful platform to include recycled spandex. OurSpandex leverages Unifi’s expertise in transforming plastic bottles and other waste materials into high-performance fibers, creating a traceable and certified recycled spandex option for the market.

Sustainability Initiatives:

• Transparent tracking of recycled content through U TRUST® verification

• Conversion of over 35 billion plastic bottles into recycled fibers

• Partnerships with major retailers and brands for sustainable collections

Get Full Report Here: Recycled Spandex Market – View in Detailed Research Report

---

🌍 Outlook: The Future of Recycled Spandex Is Circular and Innovative

The recycled spandex market is undergoing a profound transformation. While traditional virgin spandex still dominates production volumes, the industry is rapidly investing in advanced recycling technologies, circular business models, and sustainable fiber innovations that promise to redefine textile manufacturing.

📈 Key Trends Shaping the Market:

• Rapid expansion of chemical recycling capacity, particularly in Asia and Europe

• Regulatory push for extended producer responsibility and textile recycling mandates

• Digitalization of supply chains enabling traceability and transparency

• Brand-manufacturer alliances for developing closed-loop recycling systems

Get Full Report Here: Recycled Spandex Market – View in Detailed Research Report

The companies listed above are not only supplying sustainable stretch fibers—they’re pioneering the circular transformation of the global fashion and textile industry.