Global Optical Brighteners Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
MarketResearch.biz delivers in-depth insights on the global optical brighteners market in its upcoming report titled, “Global Optical Brighteners Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027”. The global optical brighteners market is estimated to register a CAGR of X.X% in terms of value during 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 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 brighteners market report has been segmented on the basis of product type, distribution channel, and region.
This report is based on 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 future.
Optical brightener is a type of chemical compound that absorbs lights in the ultraviolet and re-emit light in the blue region by fluorescence. Optical brighteners are also known as fluorescent brightening agents (FBA), fluorescent whitening agents (FWA) or optical brightening agents (OBAs). Optical brighteners make cloths appear more vibrant and radiant, and resulting in whitening effect. Optical brighteners are commonly used in detergents, soaps, cosmetics, food packaging, etc. Optical brighteners are also used to get rid of blue or yellow tinge on cloths, expand life span and gives clear appearance to the cloths.
Increasing use of optical brighteners in paper, detergent, and textile industry is a major factor anticipated to propel the demand of the optical brighteners and drives the growth of the global market. Rising preference for high quality paper with the optical brightener, is also a factor increasing adoption of optical brighteners in paper manufacturing industries.
Rising popularity as Individuals are inclining towards detergent and cleaners which contains optical brighteners is another factor fueling the growth of the global market. In addition, easy availability of optical brighteners also bolsters the growth of the market. Furthermore, rising use of optical brighteners in cosmetics, printing ink, and plastics, expected to increase the growth rate of the global optical brighteners market over the forecast period.
However, optical brighteners are not biodegradable and also can cause allergic reaction to the end-user, which may hamper the demand of the optical brighteners and restrain the growth of the global market. Nonetheless, development of advanced optical brighteners and eliminating its drawbacks can create higher revenue opportunity for key players in the target market.
Currently, Europe accounts for the largest share in terms of revenue for the global optical brighteners market and is anticipated to maintain its dominance over the forecast period, owing to rising consumption of personal care products among consumers in this region.
The North America is expected to account for a second-highest share in the market in terms of revenue over the forecast period, owing to the increasing demand form the end use industries such as paper, and textiles. The Asia Pacific market is expected to witness fastest growth, due to increasing textile sector especially in China and India. In addition, increasing numbers of local optical brightener manufacturers also boosting the growth of the market in this region.
Global Optical Brighteners Market Segmentation:
Segmentation by application:
- Detergents and Soaps
- Synthetics and Plastics
- Others (Ceramics, Lacquer, etc.)
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- BASF SE
- RPM International Inc.
- Keystone Aniline Corporation
- Aron Universal Limited
- Huntsman International LLC
- Clariant AG
- Brilliant Colors Incorporated
- 3V, Inc.
- TEH FONG MIN INTERNATIONAL CO., LTD.
- Archroma Holdings GmbH
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