Market Size in 2023 | Market Forecast in 2032 | Growth Rate (in %) | Base Year |
---|---|---|---|
USD 1,811.80 Million | USD 2,810.70 Million | CAGR at 5.00% | 2023 |
According to the report published by Zion Market Research, the global Optical Brighteners Market size was valued at USD 1,811.80 Million in 2023 and is predicted to reach USD 2,810.70 Million by the end of 2032. The market is expected to grow with a CAGR of 5.00% during the forecast period. The report analyzes the global Optical Brighteners Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Optical Brighteners Market industry.
Optical brighteners are also known as fluorescent whitening agents or optical brightening agents. They are chemical compounds which absorb light in the ultraviolet region of the electromagnetic spectrum; with the help of fluorescence, they re-emit light in the blue region. Optical brighteners are added to improve the appearance of paper and fabric by the whitening effect. Optical brighteners are normally used in laundry detergents to enhance clothes appearance. They are also used in high brightness papers and cosmetics. Few modern eye and face powders contain optical brightener microspheres which help in brightening dark areas of the skin.
Increasing demand of optical brighteners from the cosmetic industry has boosted the global optical brightener’s market growth. They are used to brighten the dark skin areas such as dark circles around the eyes. Many paper industries use optical brightener’s to improve the brightness of the paper thus increasing the demand. The optical brightener is also used to enhance the appearance of the fabrics. It is used as an additive in certain polyols, such as polyethylene glycol, to increase blue light emissions thus fostering the market growth. However, stringent regulations are imposed by the government and declining paper industry may hamper the global optical brightener’s market growth to some extent.
The global optical brighteners market is categorized based on the application, chemical, and geography.
The application segment is segregated into paper, ceramics, textile, cosmetics, detergents, plastics, and others. The textile industry is one of the most prominent consumers of the optical brighteners.
Based on chemicals, the global market is classified into cinnamic acid, coumarin, dicarboxylic acid, stilbene, diphenylpyrazoline, and others.
The geographical representation of the market is given by North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
Report Attributes | Report Details |
---|---|
Report Name | Optical Brighteners Market Research Report |
Market Size in 2023 | USD 1,811.80 Million |
Market Forecast in 2032 | USD 2,810.70 Million |
Growth Rate | CAGR of 5.00% |
Number of Pages | 196 |
Key Companies Covered | 3V Incorporation, Teh Fong Min International Co., Ltd., Huntsman International LLC., Aron Universal Limited, RPM International Inc., Deepak Nitrite Limited, Archroma, BASF SE, and Keystone Inc. |
Segments Covered | By Application, By Chemical and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The European market is expected to grow at a significant rate; Italy, Germany, and France are witnessing a positive outlook in the optical brighteners industry owing to the growth of the cosmetic industry. The penetration of the optical brighteners in personal care products such as shampoos, soaps, and others has triggered the demand of optical brighteners in the European market. Growth and development of the textile industry in the emerging economies such as China and India are expected to drive the global optical brighteners market.
Over the period, this growth is anticipated to continue and the consumption of optical brighteners in the Asia Pacific region will gradually increase. Exponential growth in the population, rising disposable income, and drastic change in weather conditions have encouraged demand for skin care and sun care products thus increasing its demand in Asia-Pacific region. Growing demand for soap and other beauty products in Saudi Arabia, India, the US, and China influence the growth of optical brightener’s market.
Key participants operating in the global optical brighteners market include:
The Global Optical Brighteners Market is segmented as follows:
By Application
By Chemical
Global Optical Brighteners Market: Regional Segment Analysis
What Report Provides
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