Foreword

In 2026, global geopolitical dynamics are volatile, crude oil prices fluctuate sharply, and feedstock cost disruptions persist, accelerating the restructuring of the nylon and spandex industry chain. The nylon industry faces prominent overcapacity pressure, weak demand both at home and abroad, blurred boundaries between traditional peak and off seasons, and the intertwining of anti-involution trends with integration, all contributing to rising market uncertainty and sustained pressure on corporate profitability.
The spandex industry, after four years of profound adjustment, has reached a cyclical turning point. The supply landscape has continued to improve, capacity growth has slowed, supply/demand relations have steadily recovered, and the industry is gradually emerging from its trough. However, the structural contradictions remain: homogeneous competition in conventional products is intense, while supply of differentiated, functional high-end products falls short; overcapacity pressure in the upstream BDO-PTMEG chain continues to transmit downward. Meanwhile, upgrading demand for comfort-oriented consumption downstream is driving steady growth in just-in-time spandex demand. Combined with the advancement of green, low-carbon, and digital-intelligent transformation, the industry has entered a critical period of quality upgrading.

Looking ahead to 2027, feedstock markets are expected to remain subject to variables, but structural opportunities in the industry are becoming more prominent. As high-end and differentiated functional new materials iterate rapidly, incremental growth space continues to open up, which will push the industry away from low-price involution toward technology, quality, and innovation driven differentiated competition, reshaping the value system of the industry chain. Standing at this critical juncture of cyclical transition and industrial upgrading, CCFGroup sincerely invites colleagues from all sectors to gather in Hangzhou, Zhejiang to explore new market trends, uncover new industry opportunities, and join forces to break through and upgrade, creating a new future of sustained and steady development for the nylon and spandex industry.