DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/fkzdq9/carbon_black) has announced the addition of the "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" report to their offering.
The carbon black market for polyester textile fibers accounted for over 55% share of total revenue generated in 2012
The apparel segment is the largest end-user in the carbon black market for textile fibers and accounted for over 53% share of total revenue generated in 2012. Besides apparel, home textiles, which comprise carpets, bedding and sheeting applications, was the major end-user of carbon black at the end of 2012.
Textile fiber is a niche application for carbon black and exhibits a low market share of all the applications for the material. Nearly all carbon blacks produced globally are employed in other applications, primarily in tires and rubber. Carbon black is used as a dyeing agent in textile fibers in order to impart color to the fibers. High cost, low tensile strength and increasing demand for arable land for other profitable crops has led to decline in demand for cotton. This trend is anticipated to continue in the near future. The decrease in cotton consumption has subsequently led to an increase in demand for synthetic fibers. This is one of the major growth drivers for the carbon black market for textile fibers. Polyester is the most widely used synthetic fiber in the textiles industry and the demand for polyester is expected to grow at a better pace in the near future. Moreover, polyester is also among the dominant product segments of carbon black. Therefore, increasing demand for polyester is likely to boost demand for carbon black for textile fibers during the forecast period.
Asia Pacific, followed by Europe, dominates the global carbon black market for textile fibers and this trend is likely to continue in the near future. High GDP growth rate and increasing disposable income in emerging economies of India and China are projected to drive the demand for carbon blacks in textile fiber applications in Asia Pacific. Higher demand for synthetic fibers in South America and the Middle East is estimated to drive demand for carbon blacks for textile fibers in RoW. RoW is expected to be the fastest growing geographic segment during the forecast period.
Scope of the Report
Product Segment Analysis
- Filament Fiber
- Staple Fiber
- Others (Including tow, fiberfill, etc)
- Others (Including olefin, etc.)
- Home Textiles
- Others (Including automotive, agriculture, protective clothing, etc.)
Major companies in the carbon black market for textile fibers include:
- Cabot Corporation
- Phillips Carbon Black Ltd.
- Birla Carbon
- Mitsubishi Chemical Corporation
Orion Engineered Carbons
For more information visit http://www.researchandmarkets.com/research/fkzdq9/carbon_black