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

Albany, NY -- (SBWire) -- 11/11/2014 --What led to the emergence of the carbon black market for textile fibers:

Long gone are the days when cotton was the textile of choice for industrial and individual consumers alike. Although cotton does remain an important commodity from the global trade standpoint, the demand for synthetic textile fibers has been rising by leaps and bounds. The carbon black market for textile fibers is a key part of this growth story. Carbon black is among the most widely-used dyeing agents for the textile industry worldwide.

In fact, market research analysts project that the carbon black market for textile fibers will grow at a rather healthy compounded annual growth rate of 7.1% from 2013 to 2019. Market studies also indicate that by the end of 2019, the carbon black market for textile fibers will be valued at a approximately US$964.4 million. The uses of carbon black fiber have been increasingly observed not just in apparel, but also in home textiles, industrial fabric, and other end-uses.

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So, what exactly paved the way for the growth of the use of carbon black-based textile fibers? The biggest reason, as we mentioned earlier, is the shrinking arable land under cotton cultivation, and a parallel growth in the demand for synthetic fibers of various types.

What exactly is carbon black and how is it useful for textile manufacturing:

In order to understand the carbon black market for textile fibers, it is essential to be familiarized with what exactly carbon black is. Carbon black is a black powder that is a formed when the combustion of hydrocarbons remains incomplete or as a result of thermal decomposition. Some of these hydrocarbons are petroleum oil, natural gas, and coal gas. The deep black color of carbon black makes it ideal as a dyeing agent, creating an entire carbon black market for textile fibers.

There are many ways of producing this material. These include: The channel process, furnace black process, and acetylene process.

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What are the different building blocks of the overall carbon black market for textile fibers:

To understand the dynamics of the carbon black market, it is first important that we understand the different segments that exist within this market. The larger market can be broadly broken down into three segments: Type of product, end-users, and geographical regions.

The types of products can be further split into sections such as: polyester, acrylic, nylon, and others. Likewise, the end-user categories can be sectioned as: apparel, home textiles, and others (protective clothing, agricultural and automotive clothing and so on).

The third broad segment—geographical regions—can also be broken down into the following: North America, Europe, Asia Pacific, and Rest of the World.

By meticulously creating segments within the market, it becomes easier for market analysts to study the market and provide forecasts and historical data for each market segment. The largest product type in the carbon black market for textile fibers in 2012 was polyester. This segment alone held sway over 55% of the total carbon black market for textile fibers. In the same year, if we were to look at the market, we would notice that the apparel segment was the largest within the carbon black market for textile fibers, in terms of end-use.

Market research analysts predict that the strongest growth will be observed in the Others segment (by end-use). Based on the geography, it is the Asia Pacific market that emerged the undisputed leader in the carbon black market for textile fibers in 2012, and it will stay thus until the end of 2020.

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