A recent report published by Infinium Global Research on optical brighteners market provides in-depth analysis of segments and sub-segments in the global as well as regional optical brighteners market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional optical brighteners market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global optical brighteners market. According to the report, the global optical brighteners market is projected to grow at a CAGR of 5.1% over the forecast period of 2019-2025.
Optical brighteners are commonly used additives in paper, plastic, textiles and detergents industry. These whitening agents absorb light in the UV spectrum and emit light in the blue region of the visible spectrum to yield a brighter and fresher appearance to the substance it is applied. Most of the commercially available optical brighteners are made from stilbene, soumarin, and siphenyl pyrazoline. Globally, stilbene-based optical brighteners are expected to remain as the most preferred brightening agent in the optical brighteners market.
The growing use of optical brighteners in several end users such as papers, textiles, plastics, and detergents industry drives the growth of the optical brighteners market. It is commonly used in the plastic industry as additives that impart brightness to polymers and intensify the degree of whiteness. Optical brighteners are used in engineering plastics like thermoplastic polyurethanes, styrene homo, and copolymers, polyvinylchlorides (PVC), and polyolefins among others. Additionally, they have vast uses for whitening and brightening of linen, wool, silk and cotton and polyester in the textile industry. However, the growing environmental pollution is causing a reduction in the use of optical brighteners in the detergent industry, which is likely to hamper the market growth. Furthermore, the growing use of optical brighteners in cosmetic products is providing beneficial opportunities for the growth of the optical brighteners market.
Among the regions, Asia-Pacific dominates the global optical brighteners market and is anticipated to remain dominant over the forecast period. The growth of paper and textile industry in China and India are facilitating the growth of the Asia-Pacific optical brighteners market. Furthermore, Furthermore, China is a leading supplier of optical brighteners in the global market. The growing demand for detergents owing to increasing population in the Asia-Pacific countries also fuel the growth of the Asia-Pacific optical brighteners market. Europe also holds a significant share in the global market owing to the presence of leading manufacturers such as Blankophor GmbH & Co. KG and Rudolf GmbH.
The report on global optical brighteners market covers segments such as chemical, and application. On the basis of chemical, the sub-markets include stilbene, coumarin, diphenyl pyrazoline, and other chemicals. On the basis of application, the sub-markets include paper, textiles, plastics, detergents, cosmetics, and other applications.
The report provides profiles of the companies in the market such as BASF SE, Day-Glo Color Corp., Clariant AG, Huntsman International LLC, Eastman Chemical Company, Archroma Management LLC, Milliken & Company, Blankophor GmbH & Co. KG, MPI Chemie B.V., Rudolf GmbH, and Other companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of optical brighteners market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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