The Global Recycled Spandex Market was valued at USD 425.8 Million in 2025 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 driven by stringent environmental regulations, rising consumer demand for sustainable textiles, and the accelerating adoption of circular economy principles by major fashion and sportswear brands.
As the textile industry transforms toward more sustainable and transparent supply chains, the spotlight is on the key fiber producers and innovators who are developing advanced recycling technologies for elastane materials. In this blog, we profile the Top 10 Companies in the Recycled Spandex Industry—a mix of chemical giants, specialized recyclers, and textile innovators shaping the future of sustainable apparel.
🔟 1. Huafon Chemical Co., Ltd.
Headquarters: Ruian, Zhejiang, China
Key Offering: Virgin and Recycled Spandex Fibers
Huafon Chemical is a global leader in spandex production and has made significant investments in developing recycled spandex technologies. As one of the world’s largest producers of spandex, the company leverages its extensive manufacturing expertise to scale up recycling processes and meet the growing demand for sustainable fibers.
Sustainability Initiatives:
- Development of proprietary chemical recycling technology for spandex waste
- Integration of recycled content into mainstream spandex product lines
- Commitment to reducing carbon footprint by 30% across operations by 2030
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9️⃣ 2. Asahi Kasei Corporation
Headquarters: Tokyo, Japan
Key Offering: ROICA™ Eco-Smart recycled spandex
Asahi Kasei is a pioneer in sustainable fiber innovation with its ROICA™ brand, which includes a premium recycled spandex line. The company focuses on creating high-performance recycled elastane that meets the demanding requirements of luxury activewear and intimate apparel markets.
Sustainability Initiatives:
- Global Recycled Standard (GRS) certified production
- Development of Cradle to Cradle Certified® products
- Partnerships with leading fashion brands for sustainable collections
8️⃣ 3. HYOSUNG
Headquarters: Seoul, South Korea
Key Offering: creora® regen recycled spandex
HYOSUNG’s creora® regen is one of the most recognized recycled spandex brands globally. The company has established itself as a technology leader in both virgin and recycled spandex production, with a strong focus on maintaining performance characteristics while enhancing sustainability.
Sustainability Initiatives:
- Investment in advanced chemical recycling facilities
- Transparent supply chain tracking for recycled content
- Collaboration with textile mills to optimize recycling processes
7️⃣ 4. Fujian Zhaoshen Environmental Protection Technology
Headquarters: Fujian, China
Key Offering: Specialized recycled spandex from post-industrial waste
Fujian Zhaoshen has carved a niche as a specialist in recycling spandex from manufacturing waste streams. The company’s focus on post-industrial recycling allows it to produce high-quality recycled spandex with consistent performance characteristics.
Sustainability Initiatives:
- Closed-loop recycling systems for textile manufacturers
- Waste reduction partnerships with major apparel producers
- Development of customized recycling solutions for specific waste streams
6️⃣ 5. The LYCRA Company
Headquarters: Wilmington, Delaware, USA
Key Offering: LYCRA® fiber with recycled content
The LYCRA Company, known for its iconic brand, has introduced sustainable alternatives including fibers with recycled content. The company combines its technical expertise with sustainability commitments to develop recycled spandex solutions for global markets.
Sustainability Initiatives:
- COOLMAX® and THERMOLITE® eco-friendly technologies
- Partnerships for textile-to-textile recycling initiatives
- Commitment to circular economy principles in product design
Download FREE Sample Report: Recycled Spandex Market – View in Detailed Research Report
5️⃣ 6. Xinxiang Chemical Fiber Co., Ltd.
Headquarters: Xinxiang, Henan, China
Key Offering: Various deniers of recycled spandex yarns
Xinxiang Chemical Fiber is a significant player in the Asian recycled spandex market, producing a wide range of recycled elastane products. The company serves both domestic Chinese markets and international customers with cost-competitive sustainable fibers.
Sustainability Initiatives:
- Expansion of recycled fiber production capacity
- Investment in water recycling and energy efficiency
- Development of specialized recycled spandex for technical applications
4️⃣ 7. Everest Textile Co., Ltd.
Headquarters: Tainan, Taiwan
Key Offering: Recycled spandex and fabric solutions
Everest Textile takes a vertically integrated approach to recycled spandex, managing the process from fiber recycling to finished fabric production. This allows the company to control quality throughout the supply chain and offer comprehensive sustainable textile solutions.
Sustainability Initiatives:
- Vertical integration from fiber to fabric recycling
- Development of blended fabrics with recycled spandex content
- Certifications including GRS and Oeko-Tex Standard 100
3️⃣ 8. Indorama Ventures
Headquarters: Bangkok, Thailand
Key Offering: Recycled PET and spandex blend fibers
While primarily known for PET recycling, Indorama Ventures has expanded into recycled spandex through strategic investments and partnerships. The company’s scale and chemical expertise position it well for growth in the recycled elastane segment.
Sustainability Initiatives:
- World’s largest PET recycler with spandex recycling capabilities
- Investment in advanced polymer recycling technologies
- Sustainability commitments aligned with UN Sustainable Development Goals
2️⃣ 9. Toray Industries
Headquarters: Tokyo, Japan
Key Offering: Specialty recycled spandex for technical applications
Toray Industries brings its advanced materials science expertise to recycled spandex development. The company focuses on high-value applications where technical performance and sustainability requirements converge.
Sustainability Initiatives:
- Development of bio-based and recycled fiber technologies
- Carbon footprint reduction targets across product lifecycle
- Collaboration with automotive and medical industries for sustainable textiles
1️⃣ 10. Unifi, Inc.
Headquarters: Greensboro, North Carolina, USA
Key Offering: REPREVE® recycled fibers including spandex blends
Unifi is renowned for its REPREVE® recycled brand, which includes fibers with recycled spandex content. The company’s tracking technology allows brands to verify recycled content, providing transparency throughout the supply chain.
Sustainability Initiatives:
- REPREVE® fiber tracking and certification system
- Partnerships with major global brands for recycled content apparel
- Commitment to transforming billions of plastic bottles into recycled fibers
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 fundamental transformation. While traditional spandex production still dominates in volume, the industry is investing significantly in advanced recycling technologies, circular business models, and sustainable fiber innovations.
📈 Key Trends Shaping the Market:
- Rapid expansion of chemical recycling capacity in Asia and Europe
- Regulatory push for extended producer responsibility and textile recycling mandates
- Digitalization of supply chains for recycled content verification
- Brand-manufacturer alliances for developing closed-loop recycling systems
The companies listed above are not only supplying sustainable fibers—they’re pioneering the circular transformation of the fashion and textile industries.
Get Full Report Here: Recycled Spandex Market – View in Detailed Research Report
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