Optical Brighteners Market Report 2020-2030
Optical Brighteners Market Report 2020-2030: A Global Optical Brighteners Market Estimate and Forecast – Industry Insights for Consumption, Demand, Production, Price Trend, Competitive Intelligence and Opportunity Analysis Along the Value Chain
The global optical brighteners market was valued at $862.3 million in 2018. The growth of the market is owing to the increasing demand for optical brighteners in cleaning domain. In the present scenario, optical brighteners are extensively used chemicals in soaps and detergent domain as the consumption of optical brighteners in laundry detergents makes the clothes look cleaner and brighter.
Optical brighteners are synthetic chemicals that enables making fabric appear glowing in ultra violet radiations as well. These brighteners are not concerned about the cleaning part they act as added detergent that enables making the laundry whiter and brighter. Optical brighteners are observing increasing applicability in printing inks, paints, photo processing solutions, clear and pigmented lacquers, synthetic leather, molded thermoplastics, ultraviolet tracer, films and sheets, fibers and adhesives.
Rampant growth in various industry domains such as textile, paper, soap and detergent is expected to drive the growth of global optical brighteners market. The optical brighteners can be used in either dry end or wet end and in order to enhance the internal brightness wet end should be used. Besides, in paper industry manufacturers use it in the form of dry end at the calendar stack and size press as the surface coatings. It has been observed that in general terms consumers anticipate paper boards and paper of higher brightness.
In order to fulfil the target of required brightness fillers and pulp are not enough to cater to this requirement as a result to which manufacturers are adopting several other optical brightening mediators.
Optical brighteners market forecast 2020 – 2030 estimates the historical market size in terms of consumption as well as revenue generated by the industry players across the globe. It offers the opportunity analysis along the value chain for the optical brighteners manufacturer. Also, the report offers the vendor analysis along with price trend which provides an edge to the stakeholders especially manufacturers to create a better understanding of the market. Industry players benefit from the product benchmarking and matrix helping them to take right decision in choosing the right product with optimum prices suited for their end use applications
On the basis of application, the global optical brighteners market is categorised into detergents and soaps, fabrics, paper, synthetics and plastics, and others. Among these segments, fabrics segment is expected to witness highest CAGR during the forecast period owing to extensive demand observed from consumers pertaining to durable and bright color fabrics. Further companies are using various formulations of optical brighteners in order to create high-quality end-products. Consumer are emphasizing upon convenience along with enhancing the efficiency of laundry agents and dish washing systems that will further elongate the growth of global optical brighteners market.
Based on end user, the global optical brighteners market is segmented into security and safety, consumer product, packaging, textiles and apparel, and others. Amongst these segments, consumer product is anticipated to generate largest market revenue throughout the estimated period owing to increasing government support provided to manufacturers present in emerging economies that is further uplifting the use of optical brighteners in this sector.
Optical brighteners market in Asia-Pacific is contributing largest market revenue throughout the estimated period owing to increasing demand for these brighteners from country such as China. The manufacturers in China are rapidly using optical brighteners in several finished products such as cosmetics, plastics and laundry care products. Moreover, increasing demand for optical brighteners from detergent, textile cosmetic products is another factor driving the growth of optical brighteners market at rapid pace.
The report also offers the insights for the North American, European, Latin American, and Middle East and African Market. A detail analysis of historic and forecast consumption data, revenue in the market and competitive analysis for major competitors in each region is also provided.
The eminent key players in the global optical brighteners market are investing in launching new technologies to strengthen their market presence and thereby expanding their market base.
Some of the players having prominent presence in the global optical brighteners market include Milliken Chemical, Keystone Aniline Corporation, Deepak Nitrite Limited, Zhejiang Transfar Whyyon Chemical Co., Ltd., Teh Fong Min International CO.LTD., Republic Powered Metals (RPM), Dayglo Color Corp., Archroma, Huntsman Corporation, Meghmani Group, 3V Incorporation, Brilliant Colors Inc., BASF SE, Paramount Minerals and Chemicals, Kolorjet Chemicals Pvt. Ltd., Clariant AG, Blankophor GmbH& Co. KG, Rudolf GmbH, Aron Universal Limited, and Eastman Chemical Company.
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CCR Ref number: KD4R6
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