Global Carbon Black for Textile Fibers Market Size, Trends, and Growth Opportunity, By Product (Nylon, Acrylic, Polyester, Others), Application (Textile and Carpets, Paper and Boar, Apparel, Home Textiles, Apparel, Architectural Coatings, Adhesives and Sealants, Others) By Region and forecast till 2030.
Report ID : IR1002434 | Industries : Chemicals & Materials | Published On :June 2024 | Page Count : 237
Global Carbon Black for Textile Fibers Market Size, Trends, and Growth Opportunity, By Product (Nylon, Acrylic, Polyester, Others), Application (Textile and Carpets, Paper and Boar, Apparel, Home Textiles, Apparel, Architectural Coatings, Adhesives and Sealants, Others) By Region and forecast till 2030.
Global Carbon Black for Textile Fibers Market
Global Carbon Black for Textile Fibers Market was valued at USD 912.49 million in 2022 and is slated to reach USD 1541.35 million by 2030 at a CAGR of 6.77 % from 2023-2030.
Carbon black is created when petroleum compounds like coal tar, ethylene cracking tar, FCC tar, and FCC tar are only partially burned. A polycrystalline carbon with a high surface area to volume ratio is carbon black. It differs from ash in that it contains substantially fewer polycyclic aromatic hydrocarbons and has a significantly higher surface area-to-volume ratio. The textile industry mostly uses carbon black as a coloring ingredient. It gives textile products a durable, deep black color with a bluish undertone.
Market Drivers
Due to its special qualities that enhance serviceability, meet color requirements, and reduce infrared radiation standards, carbon black has been extensively adopted in military textiles. The market for textile fibers is anticipated to experience increased demand for carbon black as a result of this trend, which is anticipated to fuel market expansion throughout the forecast period. The main product category in the market for carbon black in textile fibers is polyester. The market for carbon black textile fibers is anticipated to increase in the next years as a result of the rising popularity of polyester textile fibers due to their abrasion resistance, durability, and thermal resistance features.
Market Restraints
Carbon black is created when hydrocarbons like petroleum, coal tar, ethylene cracking tar, and natural gas burn incompletely. According to the International Agency for Research on Cancer research, carbon black may cause human cancer. Therefore, the market for carbon black in textile fibers is predicted to expand slowly due to rising concerns about human health. The cost of carbon black is mostly influenced by a small number of basic materials. The price volatility of raw materials like crude oil in the upcoming years may affect the cost of the carbon black product. Due to the high cost of raw materials, there is less demand for carbon black in textile fibers, which is projected to restrain market expansion.
Impact of COVID-19
The Coronavirus has caused significant obstacles for many sectors. The manufacturing and chemical production industries, both of which were going through severe difficulties at the time, decreased their demand, which led to a rapid downturn in demand for carbon black cloth. The dynamics and developments of the carbon black textile business have changed as a result of the global coronavirus outbreak. The worldwide health crisis significantly affected the carbon black textile industry, causing supply chain interruptions, price volatility, and demand swings.
Recent Developments
ADNOC Distribution and ADNOC entered a new carbon black supply agreement in June 2022, allowing ADNOC Distribution to explore the carbon black market.
Cabot Corporation purchased Tokai Carbon Group in March 2022 to purchase its Tianjin, China, carbon black manufacturing facility.
Market Segmentation
Global Carbon Black for Textile Fibers Market is segmented By Product, Application. By Products such as Nylon, Acrylic, Polyester, and Others. By Applications such as Textile and Carpets, Paper and Boar, Apparel, Home Textiles, Apparel, Architectural Coatings, Adhesives and Sealants, and Others.
Regional Analysis
Global Carbon Black for Textile Fibers Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. Due to the region's increasing demand for synthetic textiles, Asia-Pacific now holds a monopoly on the market for carbon black used in textile fibers. The development of the market in this area will also be aided by the expansion and growth of the textile sector. Due to the rising demand for synthetic fibers in clothes, military gear, home textiles, and other products in North America, this area is predicted to have the highest growth between 2023 and 2030. Furthermore, the market's expansion in this area is anticipated to be aided by the significant presence of key players.
Key Players
This report includes a list of numerous Key Players, namely ASAHI CARBON CO., LTD. (Japan), Omsk Carbon Group (Russia), Orion Engineered Carbons (Luxembourg), Cabot Corporation (U.S.), Mitsubishi Chemical Corporation (Japan), OCI COMPANY Ltd (South Korea), Longxing Chemical Stock Co., Ltd (China), PCBL (India) Aditya Birla Group (India), Imerys (France).
Market Taxonomy
By Product
• Polyester
• Filament Fiber
• Staple Fiber
• Other
• Acrylic
• Nylon
• Others
By Application
• Architectural Coatings
• Adhesives and Sealants
• Textile and Carpets
• Paper and Boar
• Apparel
• Home Textiles
• Apparel
• Others
By Region
• North America Latin America
• Europe
• Asia Pacific
• Middle East & Africa.
Global Carbon Black for Textile Fibers Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Carbon Black for Textile Fibers Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing Economic Downturn
4.2.6 Post Covid-19 World Supply and Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Carbon Black for Textile Fibers Market, By Product
5.1 Y-o-Y Growth Comparison, By Product
5.2 Global Carbon Black for Textile Fibers Market Share Analysis, By Product
5.3 Global Carbon Black for Textile Fibers Market Size and Forecast, By Product
5.3.1 Polyester
5.3.2 Filament Fiber
5.3.3 Staple Fiber
5.3.4 Other
5.3.5 Acrylic
5.3.6 Nylon
5.3.7 Others
6 Global Carbon Black for Textile Fibers Market, By Applications
6.1 Y-o-Y Growth Comparison, By Applications
6.2 Global Carbon Black for Textile Fibers Market Share Analysis, By Applications
6.3 Global Carbon Black for Textile Fibers Market Size and Forecast, By Applications
6.3.1 Architectural Coatings
6.3.2 Adhesives and Sealants
6.3.3 Textile and Carpets
6.3.4 Paper and Boar
6.3.5 Apparel
6.3.6 Home Textiles
6.3.7 Apparel
6.3.8 Others
7 Global Carbon Black for Textile Fibers Market, By Region
7.1 Global Carbon Black for Textile Fibers Market Share Analysis, By Region
7.2 Global Carbon Black for Textile Fibers Market Share Analysis, By Region
7.3 Global Carbon Black for Textile Fibers Market Size and Forecast, By Region
8 North America Carbon Black for Textile Fibers Market Analysis and Forecast (2023-2030)
8.1 Introduction
8.2 North America Carbon Black for Textile Fibers Market Share Analysis, By Product
8.3 North America Carbon Black for Textile Fibers Market Share Analysis, By Applications
8.4 North America Carbon Black for Textile Fibers Market Size and Forecast, By Country
8.4.1 U.S.
8.4.2 Canada
8.4.3 Mexico
9EuropeCarbon Black for Textile Fibers Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 Europe Carbon Black for Textile Fibers Market Share Analysis, By Product
9.3 Europe Carbon Black for Textile Fibers Market Size and Forecast, By Applications
9.4 Europe Carbon Black for Textile Fibers Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10Asia Pacific Carbon Black for Textile Fibers Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Asia Pacific Carbon Black for Textile Fibers Market Share Analysis, By Product
10.3 Asia Pacific Carbon Black for Textile Fibers Market Size and Forecast, By Applications
10.4 Asia Pacific Carbon Black for Textile Fibers Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11Latin America Carbon Black for Textile Fibers Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Latin America Carbon Black for Textile Fibers Market Share Analysis, By Product
11.3 Latin America Carbon Black for Textile Fibers Market Share Analysis, By Applications
11.4 Latin America Carbon Black for Textile Fibers Market Size and Forecast, Country
11.4.1. Brazil
11.4.2.Rest of Latin America
12Middle East Carbon Black for Textile Fibers Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Middle East Carbon Black for Textile Fibers Market Share Analysis, By Product
12.3 Middle East Carbon Black for Textile Fibers Market Size and Forecast, By Applications
12.4 Middle East Carbon Black for Textile Fibers Market Size and Forecast, By Country
12.4.1. Saudi Arabia
12.4.2. UAE
12.4.3. Egypt
12.4.4. Kuwait
12.4.5. South Africa
13Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles
14.1 ASAHI CARBON CO., LTD. (Japan)
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2. Omsk Carbon Group (Russia)
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3. Orion Engineered Carbons (Luxembourg)
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Cabot Corporation (U.S.)
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Mitsubishi Chemical Corporation (Japan)
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 OCI COMPANY Ltd (South Korea)
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Longxing Chemical Stock Co., Ltd (China)
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 PCBL (India)
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Aditya Birla Group (India)
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Imerys (France).
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies