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Optical Brighteners Market Current Trends, Growing Demand, Investment Opportunity, Growth & Future Estimations 2028 | Keystone Aniline Corp., BASF SE., 3V Sigma SpA, Aron Universal Ltd., Archroma, Deepak Nitrite Ltd., Clariant AG

05-31-2020 02:21 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: QUINCE MARKET INISGHTS

Optical Brighteners Market

Optical Brighteners Market

According to the report by Quince Market Insights, the Optical Brighteners Market is expected to promise high growth owing to increasing demand from textile and plastic industries in recent years. Increasing demand from applications including paper, fabrics, detergents & soaps, synthetics & plastics, and others are expected to drive the growth of the market.

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Understanding the chemistry and uses of Optical Brighteners
Optical brighteners are also known as fluorescent brighteners or fluorescent whitening agents. These are chemicals that are added to detergents, textiles, plastics, etc., to enhance the blue light reflectivity in them. The optical brighteners market is driven by factors such as growing demand from various industries for optical brighteners, including detergents & soaps, paper industry, fabric industry, etc.

The stilbene chemical type segment is expected to account for a considerable share of the optical brighteners market due to its features, such as its ability to offer good chemical and thermal resistance, emit blue rays, provide effective brightness to fabrics. Moreover, stilbene is the first chemical, which is used for the purpose of optical brightening. Thus, stilbene chemical is widely used by many manufacturers of optical brighteners.

Optical brighteners are also used in cosmetics, shampoos, conditioners, etc. for color correction and demand for cosmetics is on the rise. Hence, this is expected to propel the demand for optical brighteners. Due to the increased manufacturing of fabric brightness promoting detergent, the detergent segment is expected to lead the market based upon the application.
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Significant Factors Impacting Market Growth:
o Increasing demand from textile and plastic industries
o Low cost of synthetic detergents
o Availability of close substitutes
o Fluctuating prices of raw materials

Regional segmentation and analysis to understand growth patterns
Based on region, the optical brighteners market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World. North America and Western Europe are some of the major markets that are also traditional suppliers of chemicals such as specialty chemicals, bulk chemicals, and so on. Major companies in this market are headquartered in North America and Western Europe. These regions have been witnessing a number of transitions in terms of productions of chemicals and respective applications by end-use industries.

The Asia Pacific and the Middle East are expected to register substantial growth in the optical brighteners market during the forecast period. This demand is with regard to the growth of major applications such as paper, fabrics, detergents & soaps, synthetics & plastics, and others. Major countries in the Asia Pacific region include China, South Korea, Japan, India, Australia, and so on. Eastern Europe has been largely dominated by Russia and Turkey with operations of major chemical giants in the region. Rest the World that includes South America and Africa has a strong potential for the optical brighteners market. There have been an increasing number of investments by global companies in these regions to strengthen their presence and tap the potential market. Major economies in these regions for the optical brighteners market include Brazil, South Africa, Nigeria, Argentina, Colombia, and others.

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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Keystone Aniline Corp.
2. BASF SE.
3. 3V Sigma SpA
4. Aron Universal Ltd.
5. Archroma
6. Deepak Nitrite Ltd.
7. Clariant AG
8. and Huntsman Corp.

Market Segmentation:
By Chemical Type:
o Stilbene
o Coumarin
o Diphenyl Pyrazoline
o Dicarboxylic Acid
o Cinnamic Acid
By Application:
o Paper
o Fabrics
o Detergents & Soaps
o Synthetics & Plastics
o Others
By Region:
o North America
o By Country (US, Canada, Mexico)
o By Chemical Type
o By Application
o Western Europe:
o By Country (Germany, UK, France, Spain, Rest of Western Europe)
o By Chemical Type
o By Application
o Eastern Europe:
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Chemical Type
o By Application
o Asia Pacific
o By Country (China, Japan, India, Rest of Asia Pacific)
o By Chemical Type
o By Application
o Middle East:
o By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
o By Chemical Type
o By Application
o Rest of the World
o By Region (Latin America, Brazil, Rest of the World)
o By Chemical Type
o By Application

Reasons to Buy This Report:
o Market size estimation of the optical brighteners market on a regional and global basis.
o The unique research design for market size estimation and forecast.

o Profiling of major companies operating in the market with key developments.
o Broad scope to cover all the possible segments helping every stakeholder in the market.

Contact:
Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: US +1 208 405 2835 UK +44 121 364 6144 APAC +91 706 672 4848
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com

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