Carbon Black Market for Textile Fibers is Expected to Reach USD 964.4 Million Globally in 2019: Transparency Market Research

News provided by

Transparency Market Research

Jul 18, 2014, 12:00 ET


(PRWEB) July 18, 2014 -- Transparency Market Research has released a new market report titled, "Carbon Black Market for Textile Fibers (Polyester, Nylon, Acrylic and Others) for Apparels, Home Textiles and Other End-users - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019." According to the report, the global carbon black market for textile fibers was valued at USD 597.2 million in 2012 and is expected to reach USD 964.4 million by 2019, growing at a CAGR of 7.1% from 2013 to 2019.

Consumption of cotton has been declining globally primarily due to the high cost and low strength of cotton. Furthermore, the increasing demand for arable land for the production of other profitable crops has led to a decrease in the production of cotton. This decline in consumption of cotton has resulted in an increase in demand for synthetic fibers. This is one of the growth drivers for the carbon black market for textile fibers as carbon black is used mainly in the synthetic fibers industry. Other major factors driving demand for carbon black for textile fibers include high growth in the polyester fiber market. Major raw materials employed in the production of carbon black are derivatives of crude oil which have a high carbon content. Volatility in raw material prices and increase in the number of stringent regulations due to several environmental and health hazards associated with carbon black have been restraining the growth of the carbon black for textile fibers market. Increase in research and development activities to develop efficient techniques to produce carbon black from bio-based sources are expected to offer huge growth opportunities in the market.

Browse PR of Carbon Black Market: http://www.transparencymarketresearch.com/pressrelease/carbon-black-market.htm

The carbon black market for textile fibers has been bifurcated into four product segments: polyester, nylon, acrylic and others. Polyester is the largest product segment in the carbon black market for textile fibers and accounted for over 55% share of the global market in 2012. Based on end-users, the carbon black market for textile fibers is bifurcated into three major segments: home textiles, apparels and others. The apparels segment is the most dominant product segment for carbon black market for textile fibers and accounted for around 54% of the global market in 2012. Moreover, the home textiles segment, that includes carpets and sheets, is also a major segment of the carbon black market for textile fibers. Furthermore, the other segments that include automotive and agricultural textiles is expected to be the fastest growing end-user segment of the carbon black market for textile fibers in the future.

Asia Pacific dominated the global demand for carbon black for textile fibers, and accounted for 58.2% of the global market in 2012. This trend is anticipated to continue during the forecast period. Major industry participants include Cabot Corporation, Philips Carbon Black Ltd, Birla Carbon, and Mitsubishi Chemical Corporation.

Title: Carbon Black Market
Published: 7 June 2014
Pages: 119
Price: US$ 4,795.00
For further inquiries, click here: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1491

This report segments the global carbon black market for textile fibers as follows:

Carbon Black Market for Textile Fibers - Product Segment Analysis

  • Polyester
  • Filament Fiber
  • Staple Fiber
  • Others (Including tow, fiberfill, etc)
  • Nylon
  • Acrylic
  • Others (Including olefin, etc.)

Carbon Black Market for Textile Fibers - End-user Analysis

  • Home Textiles
  • Apparels
  • Others (Including automotive, agriculture, protective clothing, etc.)

Get report sample PDF copy from here: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1491

Carbon Black Market for Textile Fibers - Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Greater China
  • India
  • Korea
  • Japan
  • South East Asia
  • RoW (South America, Africa, and the Middle East)

Contact:
Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA/Canada Toll Free: 866-552-3453
Email: sales(at)transparencymarketresearch(dot)com

Sheela AK, Transparency Market Research, http://www.transparencymarketresearch.com, +1 518-618-1030, [email protected]