Sarasota, FL -- (SBWIRE) -- 07/11/2017 -- Zion Market Research, the market research group announced the analysis report titled "Carbon Black Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024"

Thermal decomposition or processes such as incomplete combustion of hydrocarbons like coal gas, natural gas, and petroleum oil produce finely separated black powder. This black powder is known as carbon black. With the help of processes such as acetylene, channel, and black furnace, black carbon is produced in the form of black-colored colloidal particles. The main application of carbon black is in the textile industry where it is used as a dyeing agent.

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Most of the produced carbon blacks are mainly used in applications such as tire and rubber. The synthetic textile fibers like acrylic, polyester, and nylon use carbon black as a dyeing agent. The dyeing agent mainly imparts colors to the fibers. Other profitable crops are preferred rather than cotton owing to their low tensile strength and high cost which will continue in the future, thereby increasing the demand for synthetic fibers. This will be one of the major reasons for the market growth of carbon black as polyester is the widely used synthetic fiber. Polyester is one of the major product segments of carbon black. Crude oil derivatives are the main raw materials used in the production of carbon black. Thus, there is uncertainty in the market growth owing to the prices of crude oil. The production of carbon black leads to the emission of several harmful gasses like carbon monoxide leading to environmental issues. Thus, the government has raised strict protocols to control the production of carbon black. This factor may hamper the global carbon black market in future. New methods and technologies are being used to produce carbon black from bio-based sources. The carbon black produced from bio-based sources will provide ample opportunities for the carbon black market growth.

The global carbon black market for textiles is segmented on the basis of products, applications, and regions. Based on product, the global market is segmented as acrylic, polyester, nylon, and others. On the basis of application, the carbon black market is segmented as apparel, agriculture, automotive, home textiles, and others. The apparel segment is the largest application of the carbon black. Home textiles mainly include bedding, carpets, and other sheeting applications. Geographically, the market is segmented into Asia-Pacific, Europe, the Middle East and Africa, North America, and Rest of the World.

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The global carbon black market for the textile fibers is dominated by Asia Pacific followed by Europe. Increasing expansion of the manufacturing facilities of textile in countries like India and China is the leading factor for the growth of the carbon black market. Currently, there is a high demand for synthetic fibers in North America and the Middle East, which is helping the expansion of the carbon black market in these regions.

The market key players for carbon black are Birla Carbon, Orion Engineered Carbons, Imerys Graphite & Carbon, Sid Richardson Carbon & Energy Co, Cabot Corporation, Mitsubishi Chemical Corp., Continental Carbon Ltd., Philips Carbon Black, Anyang HengXu Specialty Carbon Black Co, and Tokai Carbon Co., Ltd.

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The Global Carbon Black Market for Textile Fibers: Regional Segment Analysis

North America(U.S.); Europe(UK, France, Germany); Asia-Pacific(China, Japan, India); Latin America(Brazil); The Middle East and Africa