Carbon Black Market
REPORT DESCRIPTION
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 a recent study released by Transparency Market Research ( TMR ), the global carbon black market for textile fibers is expected to rise at a CAGR of 7.1 % between 2013 and 2019 to grow from US $ 597.2 million in 2012 to be worth US $ 964.4 million by the end of the forecast period . The research report , titled “ Carbon Black Market - Global Industry Analysis , Size , Share , Growth , Trends and Forecast , 2013 - 2019 ”, states that customers prefer synthetic textile fibers and polyester fibers compared to cotton , owing to the high cost and low strength of cotton . The declining production of cotton , due to decreasing availability of arable land across the globe , is also making way for expansion of the markets for synthetic and polyester fibers . This shift is expected to drive the demand for carbon black , as it is the prime dyeing substance utilized in the global synthetic textile industry .
The market study reports that instability in raw material prices is the main factor that restricts the growth of the global carbon black market for textile fibers . However , the rising usage of recycled and biobased carbon black is estimated to present a promising opportunity for the participants of the global carbon black market for textile fibers . The global carbon black market for textile fibers is analyzed in the report on the basis of product type , end users , and regional distribution . Based on product type , the market for polyester fibers dominates the global market .
Request For Sample Of This Report : http :// www . transparencymarketresearch . com / sample / sample . php ? flag = S & rep _ id = 1491
In 2012 , this segment held more than 55 % of the overall carbon black market . By end users , the apparel market leads the global carbon black market for textile fibers . It occupied almost 54 % of the overall market in 2012 . Apart from apparel , the demand for carbon black from the automotive and agricultural textile industries is projected to register the fastest growth in the forecast period .
Transparency Market Research
2