The global carbon black for textile fibers market is expected to reach USD 253.1 million by 2020, according to a new study by Grand View Research, Inc. Declining cotton production on account of rising importance for other food crops and increasing synthetic textiles demand is expected to drive carbon black demand in textile fibers. Growing adoption of carbon black as a coloring agent in textile manufacturing is also expected have a positive impact on the market growth. Carbon black improves color spread, exhibits high tensile strength and its low environmental impact is further expected to fuel its demand in military and sports textile applications.
Polyester emerged as the leading product segment for carbon black textile fibers market and accounted for over 55% of the total market volume in 2013. Polyester is also expected to be one of the fastest growing product segments over the next six year. The segment is expected to grow at an estimated CAGR of 6.2% from 2014 to 2020. Growth of textile industry particularly in Asia Pacific and Latin America is expected to remain a key driving factor for this segment. View summary of this report @ http://www.grandviewresearch.com/industry-analysis/carbon-black-textile-fibers-market Further key findings from the study suggest:
Browse All Reports of this category @ http://www.grandviewresearch.com/industry/smart-textiles For the purpose of this study, Grand View Research has segmented the carbon black for textile fibers market on the basis of product, end-use and region: Global Carbon Black for Textile Fibers Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy. Contact: Sherry James Corporate Sales Specialist, U.S.A. Grand View Research, Inc. United States Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 Email: [email protected] Website: Grand View Research Blog Site: http://marketshare.blog.com/
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