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2019 Hyosung Corporation

Hyosung Corporation, a Korean based company, is a business leader in textiles, industrial materials, chemicals, power & industrial systems, construction, trading, and information & communications. The strike of the global Spandex Fiber market is mentioned in the part of those areas, It demonstrates various segments Solution Dry Spinning, Solution Wet Spinning, Others and sub-segments Apparel & Clothing, Medical & Healthcare, Others of the global Spandex Fiber market.
Global Spandex Yarns market report involves systemic study of analyzing, designing, introducing and also quality assuring of markets as well as their hyosung corporation legal framework regarding simultaneously their market mechanisms and trading rules, systems, platforms and media, and their business models.

Hyosung will continuously build and expand its production facilities in India with aims to not only target the Indian domestic market but also make them as a key global production base for the world's No.1 products, such as spandex, which are exported to Europe and Asian markets.
Since last year, the company invested a total of $1.3 billion in Ba Ria-Vung Tau Province, southern Vietnam, to establish manufacturing units of polypropylene, a separate facility for dehydrogenation process to get high purity propylene as well as liquefied petroleum gas storage tanks.
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Spandex is a commonly known synthetic fiber possessing exceptional elastic properties, excellent durability and abrasion resistance, making it a favorable fiber to be used in comfort and active wear in various industries including clothing, automotive and medical industry.
This makes the country's sportswear sector increasingly attractive to a host of local and international brands, thereby stimulating the spandex market size in India. The group has activities in textile, industrial materials, chemicals, heavy industry, construction, car imports and financial services.
South Korean fibre giant Hyosung has unveiled a new high-performance Creora spandex stretch fibre designed for multi-sport apparel for endurance sports enthusiasts and to help bridge the gap between fashion and function. Under the new structure, Hyosung Corporation will be an operating holding company that manages subsidiaries' stakes and investments and licenses.
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