Global Optical Brighteners Agents (OBA) Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
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May 2023
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This report was compiled by Shreyas Rokade Shreyas Rokade is a seasoned Research Analyst with CMFE, bringing extensive expertise in market research and consulting, with a strong background in Chemical Engineering. Correspondence Team Lead-CMFE Linkedin | Detailed Market research Methodology Our methodology involves a mix of primary research, including interviews with leading mental health experts, and secondary research from reputable medical journals and databases. View Detailed Methodology Page
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The global optical brightening agents (OBA) market is estimated to register a CAGR of X.X% in terms of value during the forecast period 2017–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027.
The optical brightening agents market report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global optical brightening agents (OBA) market report has been segmented on the basis of chemical, application, end-use, and region.
Optical Brightening Agents (OBA) Market Overview
This report is based on the synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market.
In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in the future.
Optical brightening agents also called fluorescent whitening agents or fluorescent brightening agents, are chemical compounds that absorb UV light and emit visible (blue-violet) light. Optical brightening agents are majorly used to improve whiteness, reduce yellowing, and enhance the brightness of the product. There are three different types of optical brightening agents – disulfonic or divalent, tetrasulfonic or tetravalent, and hexasulfonic or hexavalent.
Increasing demand for paper products, owing to their superior aesthetic appeal is a key factor expected to drive the growth of the global market over the forecast period. In addition, the increasing adoption of optical brighteners, owing to their cleaning properties and working as a fabric softener is another factor expected to further fuel the growth of the target market.
Furthermore, increasing consumer preference toward biodegradable brighteners is another factor expected to propel the growth of this market in the near future.
Moreover, increasing demand for fluorescent whitening agents for various applications including teeth whiteners, textiles, fabric softeners, and paper whitening is another factor expected to drive the growth of the global market over the forecast period.
However, stringent government regulations restrict the use of some chemical agents in consumer products, owing to their impact on health is a key factor expected to restrain the growth of the global market in the near future.
An ongoing trend observed in the target market is increasing demand for detergents in the household sector resulting in increasing production capacity by manufacturers.
Ongoing developments in the cosmetics industry across the globe are expected to create potential revenue opportunities for players in the target market over the forecast period.
The market in Europe is expected to account for the highest share in terms of revenue over the forecast period, owing to the increasing adoption of optical brighteners in personal care products such as shampoos and soaps in various countries, especially in Germany, Italy, and France in this region.
The market in the Asia Pacific is expected to register a significant CAGR over the forecast period, owing to rising demand for optical brighteners by various end-use industries such as packaging, textiles, and consumer products in countries in this region. In addition, China is expected to register the highest demand for optical brighteners in the paper industry over the forecast period.
Global optical brightening agents (OBA) market segmentation:
OBA Market Segmentation by chemical:
- Cinnamic Acid
- Coumarin
- Dicarboxylic Acid
- Diphenyl Pyrazoline
- Stilbene
- Others (Triazoles, Benzoxazolines, and Biphenyl stilbenes)
OBA Market Segmentation by application:
- Paper
- Detergents and Soaps
- Fabrics
- Synthetics and Plastics
- Others (Lacquers, Ultraviolet Tracer, And Pigmented Lacquers)
Optical Brightening Agents Segmentation by end-use:
- Consumer Product
- Security & Safety
- Textiles & Apparel
- Packaging
Segmentation by region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn -
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- Deepak Nitrite Limited
- BASF SE
- Akzo Nobel N.V.
- Eastman Chemical Company
- Huntsman International LLC.
- Archroma Management LLC.
- Aron Universal Ltd.
- Clariant AG
- Mayzo, Inc.
- RPM International Inc.