Global Carbon Black Market for Textile Fiber: Shifting Consumer Preference towards Synthetic Textile Propels Market Grow
The global textile industry is undergoing a major transformation. Consumers nowadays prefer synthetic textile fibers over cotton fiber and carbon black, one of the primary dyeing substances utilized to dye textile fibers. Synthetic textile fibers are, therefore, witnessing soaring demand as a result of this shift in consumer preference.According to a market study published by Transparency Market Research (TMR), a leading market research and intelligence firm, the global carbon black market for textile fibers stood at US$597.2 mn in 2012. Analysts at TMR predict the market to rise at a CAGR of 7.10% during the period from 2013 to 2019 and reach US$964.4 mn by 2019. Browse Full Global Carbon Black Market Research Report TO C : http://www.transparencymarketresearch.com/carbon-black-market.html
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