Growing demand for optical brighteners and textiles and fabric applications in the APAC region is stimulating market growth.
Market Size – USD 0.81 billion in 2019, Market Growth – CAGR of 7.3%, Market Trends –Mounting demand for optical brighteners from the paper industry
The Optical Brighteners Market size is estimated to reach USD 1.44 Billion from USD 0.81 billion in 2019, delivering a CAGR of 7.3% through 2027. The market growth is driven by surging product demand for paper, detergents & soap, and fabric applications.
Optical brighteners are additives that are often used to enhance the appearance of the color of a fabric or paper, resulting in a whitening effect. They are also known as fluorescent whitening agents and offer unique properties, such as light fastness, high fluorescence, chemical stability, and heat resistance, making it ideal for application in the paper and textile industry.
Currently, optical brighteners are the most extensively used chemicals in the soaps and detergents industry. It is widely used in laundry detergents to aid clothes to look cleaner and brighter. Also, the growing demand for paper products with a superior aesthetic appeal will positively impact optical brighteners market growth over the coming years. Moreover, expanding product application scope in lacquers, pigmented lacquers, and universal tracer, further supplement optical brighteners market share through 2027.
Key players in the optical brighteners market are:
Clariant AG, Keystone Aniline Corporation, Huntsman Corporation, 3V Corporation, Aron Universal Ltd., BASF SE, Republic Powdered Metals, Brilliant Colors Inc., Deepak Nitrite Limited, and The Fong Min International Co. Ltd., among others.
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For the purpose of this report, Reports and Data has segmented the Global Optical Brighteners Market on the basis of application, distribution channel, industry vertical, and region:
Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2017-2027)
Distribution Channel Outlook (Volume, Kilo Tons; Revenue, USD Million; 2017-2027)
Industry Vertical Outlook (Volume, Kilo Tons; Revenue, USD Million; 2017-2027)
Regional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2017-2027)
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Further key findings from the report suggest:
Table of Content:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
Chapter 4. Optical Brighteners Segmentation & Impact Analysis
4.1. Optical Brighteners Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market driver’s analysis
4.2.2.1. Escalating demand from the paper industry
4.2.2.2. Growing demand for fabric and textiles in the APAC region
4.2.2.3. Rise in the level of disposable income
Continue…
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