According to a new market report published by
Lucintel, the future of carbon black for the global textile fiber market looks good with opportunities in the polyester,
nylon, acrylic and others textile fiber products. Carbon black for the global textile fiber market is forecast to grow at a CAGR of 7.0% from 2015 to 2020. The
major drivers of growth for this market are the strong demand for polyester
fiber from apparels and home textiles industry.
In this market, carbon black is used in
polyester, nylon, acrylic and other kind of synthetic fibers. Lucintel predicts
that the demand for carbon black in polyester fiber is likely to experience the
significant growth in the forecast period supported by declining production of
cotton as well as increasing cotton prices.
Within the carbon black for the global textile
fiber market, the apparels industry is expected to remain the largest segment
over the forecast period. Increasing per
capita income, changing life style and growing middle class population are
expected to spur growth for this segment over the forecast period.
Asia Pacific is expected to remain the largest
market due to the increasing expansion of textile manufacturing facilities in
China and India supported with high domestic demand and export of low-cost
textile product. Asia Pacific and the North America are expected to witness good
growth over the forecast period because of growing demand for synthetic textile
fiber.
For market expansion, the report suggests
innovation and new product development, where the unique characteristics of
carbon black can be capitalized. The report further suggests
the development of partnerships with customers to create win-win situations and
development of low-cost solutions for the end user.
Emerging
trends, which have a direct impact on the dynamics of the industry, include the
shift from commodity to more specialized grade carbon black, growing usage of recycled
and bio-based carbon black. Cabot Corporation, Orion Engineered Carbons, Birla
Carbon, Sid Richardson Carbon & Energy Co and Philips Carbon Black are
among the major suppliers of carbon
black for textile fiber market.
Lucintel, a
leading global strategic consulting and market research firm, has analyzed carbon black in the global
textile fiber industry by end use application, product, and region, and has
come up with a comprehensive research report, “Carbon
Black in the Global Textile Fiber Industry 2015-2020: Trends, Forecast, and
Opportunity Analysis.” The
Lucintel report serves as a spring board for growth strategy as it provides a
comprehensive data and analysis on trends, key drivers, and directions. The
study includes a forecast of the Chinese plastic pipe market through 2021,
segmented by product, end use application, and region:
By product [volume (Kiloton) and $M shipment analysis
for 2009 – 2020]:
·
Polyester
·
Nylon
·
Acrylic
·
Others
By end user industry [$M shipment analysis for
2009 – 2020]:
·
Apparel
·
Home textiles
·
Industrial and others
By region [volume (Kiloton) and $M shipment analysis for
2009 – 2020]:
·
North America
·
Europe
·
Asia Pacific
·
Rest of World
This 139-page research report will enable you
to make confident business decisions in this globally competitive marketplace.
For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click
on this link http://www.lucintel.com/carbon_black_market_2020.aspx or
helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management
consulting and market research firm, creates winning strategies for growth. It
offers market assessments, competitive analysis, opportunity analysis, growth consulting,
M&A,
and due
diligence services to executives and key decision-makers in a
variety of industries. For further information, visit www.lucintel.com.
This
report answers following 11 key questions:
·
Q.1: What are
some of the potential, high-growth opportunities for carbon black in the global
textile fiber market by end user industry and regions?
·
Q. 2. Which
segments will grow at a faster pace and why?
·
Q.3: Which
regions will grow at a faster pace and why?
·
Q.4: What are
the key factors affecting market dynamics? What are the drivers and challenges
of the market?
·
Q.5: What are
the business risks and threats to the market?
·
Q.6: What are
emerging trends in this market and reasons behind them?
·
Q.7: What are
some changing demands of customers in the market?
·
Q.8: What are
the new developments in the market? Which companies are leading these
developments?
·
Q.9: Who are
the major players in this market? What strategic initiatives are being
implemented by key players for business growth?
·
Q.10: What are some of the competitive products and
processes in this area and how big of a threat do they pose for loss of market
share via materials / product substitution
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