Carbon Black Market for Textile Fibers Is Expected to Reach Usd 964.4 Million in 2019

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Carbon Black Market for Textile Fibers- Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019 |

118 Page Report

Published Date 01-July-2014

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

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REPORT DESCRIPTION

Carbon Black Market for Textile Fibers - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

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.

Browse the full report at

http://www.transparencymarketresearch.com/carbon-black-market.html

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...