Global Carbon Black for Textile Fibers Market, By Product (Polyester, Nylon, Acrylic, Others), Application (Architectural Coatings, Adhesives and Sealants, Textile and Carpets, Paper and Boar, Apparel, Home Textiles, Apparel, Others) – Industry Trends and Forecast to 2030.
Carbon Black for Textile Fibers Market Analysis and Size
In the coming years, the need for synthetic textiles due to decreased cotton production is predicted to increase demand for carbon black for textile fibers. Carbon black gives fibers a high level of color fastness and consistency. Furthermore, carbon black is gaining popularity in military textiles due to its ability to fulfill color requirements, reduce infrared radiation and improve serviceability. Also, increasing demand for superior quality fabrics for long-lasting applications such as defense, industrial clothing, and outdoor wear will enhance the carbon black demand during the forecast period.
Data Bridge Market Research analyses that the carbon black for textile fibers market is expected to reach USD 1,486.56 million by 2030, which was USD 905.00 million in 2022, registering a CAGR of 6.50% from 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Carbon Black for Textile Fibers Market Scope and Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2023 to 2030
|
|
Base Year
|
2022
|
|
Historic Years
|
2021 (Customizable to 2015 – 2020)
|
|
Quantitative Units
|
Revenue in USD Million, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Product (Polyester, Nylon, Acrylic, Others), Application (Architectural Coatings, Adhesives and Sealants, Textile and Carpets, Paper and Boar, Apparel, Home Textiles, Apparel, Others)
|
|
Countries Covered
|
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
|
|
Market Players Covered
|
Orion Engineered Carbons (Luxembourg), Cabot Corporation (U.S.), Mitsubishi Chemical Corporation (Japan), PCBL (India) Aditya Birla Group (India), Imerys (France), ASAHI CARBON CO.,LTD. (Japan), Omsk Carbon Group (Russia), OCI COMPANY Ltd (South Korea), Longxing Chemical Stock Co.,Ltd (China)
|
|
Market Opportunities
|
|
Market Definition
The incomplete combustion of petroleum compounds such as ethylene cracking tar, FCC tar, coal tar, and vegetable matter produces carbon black. Carbon black is a polycrystalline carbon with a high surface-area-to-volume ratio. It differs from ash because it has a significantly larger surface-area-to-volume ratio and comprises far fewer polycyclic aromatic hydrocarbons. Carbon black is mostly used in the textile industry as a coloring agent. It imparts long-lasting, deep black color and a bluish undertone to textile products.
Carbon Black for Textile Fibers Market Dynamics
Drivers
- Increasing demand for carbon black in military textiles
Carbon black has been widely accepted in military textiles because of its unique characteristics to improve serviceability, color requirements, and lessening infrared radiation criteria. This trend is expected to augment the demand for carbon black in the textile fibers market, which will likely propel the market's growth over the forecast period.
- Growing usage of polyester textile fibers in the textile industry
Polyester textile fibers are the major product segment for the carbon black for textile fibers market. The increasing use of polyester textile fibers because of their abrasion resistance, durability, and thermal resistance properties is expected to drive the growth of the carbon black for textile fibers market in upcoming years.
Opportunities
- Increasing development of recycled and bio-based carbon black
The expansion of recycled and bio-based carbon black because of increasing environmental concerns is expected to offer lucrative growth opportunities to the carbon black for textile fibers market. For instance, Orion Engineered Carbons, a global supplier of high-performance and specialty carbon black announced the launch of a new product named Ecorax Nature in 2021. It is specially developed by using industrial-grade, plant-based oils.
- Growing demand for synthetic textiles
Growing demand for synthetic textiles further creates ample opportunities for the carbon black for textile fibers market growth. Carbon black is highly used in the production of synthetic textiles. Furthermore, key players are heavily involved in producing synthetic fiber, likely augmenting the market's growth. For instance, synthetic yarn manufacturer Filatex India announced its plan in 2019 to increase its capacity by 300 tons to 1,050 tons daily with an investment of Rs 275 crore.
Restraints/ Challenges
- Increasing concern regarding human health
The incomplete combustion of hydrocarbons such as ethylene cracking tar, petroleum oil, coal tar, and natural gas produces carbon black. A study by International Agency for Research on Cancer has identified that carbon black is a possible human carcinogen. Hence, increasing concern regarding human health is expected to hamper the growth of carbon black for textile fibers market.
- Fluctuating prices of raw materials
The price of carbon black mostly depends on a limited number of raw ingredients. In the coming years, the price variation of raw materials such as crude oil can potentially impact the carbon black product's pricing. As a result of the high price of raw material, the demand for carbon black for textile fibers decreases, likely hampering the market growth.
This carbon black for textile fibers market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the carbon black for textile fibers market, contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Carbon Black for Textile Fibers Market Scope
The carbon black for textile fibers market is segmented based on product and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Polyester
- Filament Fiber
- Staple Fiber
- Other
- Acrylic
- Nylon
- Others
Application
- Architectural Coatings
- Adhesives and Sealants
- Textile and Carpets
- Paper and Boar
- Apparel
- Home Textiles
- Apparel
- Others
Carbon Black for Textile Fibers Market Regional Analysis/Insights
The carbon black for textile fibers market is analysed and market size insights and trends are provided by country, product and application as referenced above.
The countries covered in the carbon black for textile fibers market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the carbon black for textile fibers market because of the growing demand for synthetic textiles in this region. Furthermore, the growth and expansion of the textile industry will further increase the market's growth in this region.
North America is expected to be the fastest developing region during the forecast period of 2023 to 2030 because of the growing demand for synthetic fibers in apparel, military clothing, home textile, and other products in this region. Moreover, the strong presence of major players is further expected to boost the market's growth in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Carbon Black for Textile Fibers Market Share Analysis
The carbon black for textile fibers market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to carbon black for textile fibers market.
Some of the major players operating in the carbon black for textile fibers market are:
- Orion Engineered Carbons (Luxembourg)
- Cabot Corporation (U.S.)
- Mitsubishi Chemical Corporation (Japan)
- PCBL (India) Aditya Birla Group (India)
- Imerys (France)
- ASAHI CARBON CO.,LTD. (Japan)
- Omsk Carbon Group (Russia)
- OCI COMPANY Ltd (South Korea)
- Longxing Chemical Stock Co.,Ltd (China)
SKU-