Albany, New York, Dec. 15, 2014 (GLOBE NEWSWIRE) -- A recent study "Dyestuff (Black Color) Market for Textile Fibers - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020" from Transparency Market Research (TMR), a U.S.-based market research firm sheds insights about the global dyestuff (black color) market for textile fibers. The global dyestuff (black color) for textile fibers market estimated at US$1.10 billion in 2013 will reach a total value of US$1.88 billion by 2020, with a CAGR of 8.0% during 2014-2020. In 2013, the global demand in the dyestuff (black color) market for textile fibers was 416.0 kilo tons.
Browse the full Report of Dyestuff Market for Textile Fibers: http://www.transparencymarketresearch.com/Dyestuff-textile-fibers-market.html
The Market is shown to be driven by a growing demand from emerging nations in the Asia Pacific and Middle East regions, where more workplaces and business environments are installing automated external defibrillators. This is expected to benefit the defibrillators market in the near future.
Black colored textile fibers are produced using acid, basic, or disperse dyes. Growing popularity of natural dyes will offer significant growth opportunity for the dyestuff (black color) market for textile fibers worldwide. Factors such as rising demand for technical textiles along with growth in apparels market will further fuel the growth of dyestuff (black color) market for textile fibers.
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Comprehensive Analysis of Dyestuff Market for Textile Fibers:
Product-wise segmentation of the dyestuff (black color) market for textile fibers includes polyester, acrylic, nylon, and others. Polyester fibers sector amounted for more than half (56%) share of the global dyestuff (black color) market for textile fibers. This sector is forecasted to demonstrate fastest growth rate in the coming six years. The end-users of the dyestuff (black color) market for textile fibers are home textiles, apparels, and other industries such as automotive, protective clothing, agriculture, etc. The apparels end-user segment was the largest segment in dyestuff (black color) market for textile fibers, and held 53% of the market share in 2013. According to a TMR senior analyst, other end-user segment that includes automotive, protective clothing and agriculture will be the fastest growing end-user segment in the dyestuff (black color) market for textile fibers.
Browse Press Release of Dyestuff Market for Textile Fibers: http://www.transparencymarketresearch.com/pressrelease/dyestuff-textile-fibers-market.htm
Rising demand for polyester fibers in various end-user segments such as apparels, home textiles, and other technical textiles will be observed in the coming years. This demand will drive the growth of dyestuff (black color) market for textile fibers during the forecast period. In 2013, Asia Pacific represented the largest regional market with over 55% share in the dyestuff (black color) industry for textile fibers. Rising demand from industries such as geotextiles will fuel the demand for dyestuff (black color) in the production of textile fibers in the Asia Pacific.
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Parallel to the dyestuff (black color) market for textile fibers, the global dyestuff (black color) market for nylon textile fibers will experience a good growth with a 7.8% CAGR in the coming six years. Some of the top corporations in the global dyestuff (black color) market for textile fibers in the market include BASF SE, Huntsman Corporation, Sumitomo Chemical Company Ltd., Clariant AG, Lanxess AG, DuPont, Rockwood Pigments, Kemira, and Kiri Industries Ltd.
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