Since the WTO came into the world, the largest spandex elastic fiber market in the world will be China. The demand for spandex fiber in Chinese mainland is increasing rapidly, and the apparent consumption in 2001 is 35 thousand tons. After the implementation of the free trade system in 2005, the market will become bigger. In the next five years, China's Spandex will grow at an average annual rate of about 15 percent . China's potential huge consumer market has been favored by overseas enterprises. It is estimated that the world's spandex production capacity is about 92 thousand tons / year, and the production facilities are mainly distributed in China, China, Taiwan, Korea and Singapore.
