Chemical

According to a new market report published by Lucintel, the future of the carbon black in textile market looks promising with opportunities in the apparel, home textiles, and industrial and others market. The global carbon black in textile market is expected to reach an estimated $313.1 million by 2027 with a CAGR of 7.9% from 2021 to 2027.  The major drivers for this market are growing demand for polyester fiber from apparels and home textile industry.

In this market, polyester, nylon, acrylic, and others are the major type of carbon black in textile. 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. In this market, carbon black is used in polyester, nylon, acrylic and other kind of synthetic fibers.

Within the carbon black for the global textile 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.

Emerging trends, which have a direct impact on the dynamics of the industry, include 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, Tokai Carbon, and Philips Carbon Black are among the major suppliers of carbon black in textiles.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global carbon black in textile market by product type, end use industry, and region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Global Carbon Black in Textile Market 2022-2027: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global carbon black in textile market by product type, end use industry, and region as follows:

























This 133-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 https://www.lucintel.com/carbon-black-in-textile-market.aspx or write us at 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 most promising potential, high growth opportunities for the global carbon black in textile market by product type (polyester, nylon, acrylic, and others), end use industry (apparel, home textiles, and industrial and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

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 the emerging trends in this market and the reasons behind them?

Q.7 What are the 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 material or product substitution?

Q.11 What M & A activities have taken place in the last 5 years in this market?