Press release
Optical Brighteners Market To Expand with Significant CAGR During 2031
๐๐ฉ๐ญ๐ข๐๐๐ฅ ๐๐ซ๐ข๐ ๐ก๐ญ๐๐ง๐๐ซ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค ๐๐๐๐The global optical brighteners market was valued at US$ 1.6 Bn in 2021
It is estimated to grow at a CAGR of 4.9% from 2022 to 2031
The global optical brighteners market is expected to reach US$ 2.6 Bn by the end of 2031
๐๐๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ - https://www.transparencymarketresearch.com/optical-brighteners-market.html
๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ๐ฌ' ๐๐ข๐๐ฐ๐ฉ๐จ๐ข๐ง๐ญ ๐จ๐ง ๐๐ฉ๐ญ๐ข๐๐๐ฅ ๐๐ซ๐ข๐ ๐ก๐ญ๐๐ง๐๐ซ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ง๐๐ซ๐ข๐จ
The global optical brighteners market is significantly driven by increase in applications in laundry detergents. Optical brighteners are extensively used in the paper industry in printing and writing paper grades, especially to increase brightness and whiteness. New technologies are being introduced in the market to produce optical brighteners. Certain polyols are added, such as high molecular weight polyethylene glycol or polyvinyl chlorides, to increase the efficiency and visibility of optical brighteners. Moreover, several initiatives can be taken by leading market players to produce low-cost optical brighteners. Manufacturers should focus on R&D to manufacture environment-friendly optical brighteners to gain more revenue opportunities. Applications of optical brighteners are increasing in food packaging paper, thereby offering lucrative opportunities for manufacturers.
๐๐๐ญ ๐๐๐ ๐๐ซ๐จ๐๐ก๐ฎ๐ซ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=13883
๐๐ฉ๐ญ๐ข๐๐๐ฅ ๐๐ซ๐ข๐ ๐ก๐ญ๐๐ง๐๐ซ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ญ๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง
Optical brighteners, or optical brightening agents (OBAs), are also known as fluorescent whitening agents (FWAs). Optical brighteners are hydrophilic water-soluble compounds. Applications of optical brighteners include textile, plastic, and paper industries. They also decreases the natural yellowing of products. Usage of optical brightener powder has increased significantly in end-use industries. The diversity of fiber types and fiber combinations has also greatly increased. Thus, presently, the processor has to deal with a wider range of application techniques. A brightener is almost always present in household detergents, white textiles, and white papers. Therefore, both processors and customers have been placing an ever-increasing demand on these goods owing to the development. Optical brighteners must be compatible with virtually all chemicals and auxiliaries used at various stages and must be utilized in various finishing procedures.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง - https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=13883
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค ๐จ๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐ฉ๐ญ๐ข๐๐๐ฅ ๐๐ซ๐ข๐ ๐ก๐ญ๐๐ง๐๐ซ๐ฌ ๐๐๐ซ๐ค๐๐ญ
Asia Pacific accounted for a key share of the global optical brighteners market in 2021. Asia Pacific held a value share of around 45% of the global optical brighteners market. The trend is projected to continue during the forecast period, majorly due to rise in demand for optical brighteners in countries such as China and India. In terms of market share, Europe followed Asia Pacific and held a significant share of the global optical brighteners market in 2021. This is expected to continue during the forecast period due to increase in presence of major manufacturers along with several established industries in the region. Latin America is anticipated to be an attractive market for optical brighteners owing to emerging applications of optical brighteners in various industries. The optical brighteners market in Middle East & Africa is likely to grow at a sluggish pace during the forecast period. Volatility in prices of optical brighteners is adversely affecting the market in the region, as several players are increasing the price of their optical brighteners products.
๐๐๐ค๐ ๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ - https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=13883
๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐๐ฅ๐จ๐๐๐ฅ ๐๐ฉ๐ญ๐ข๐๐๐ฅ ๐๐ซ๐ข๐ ๐ก๐ญ๐๐ง๐๐ซ๐ฌ ๐๐๐ซ๐ค๐๐ญ
The global optical brighteners market is consolidated, with the presence of a few large-scale vendors that control majority of the share. Expansion of product portfolios and mergers and acquisitions are notable strategies adopted by key players. Dayglo Color Corp, Huntsman International LLC, Milliken Chemical, BASF SE, Clariant AG, and Rudolf GmbH are some of the prominent entities operating in the global optical brighteners market.
๐๐๐จ๐ฎ๐ญ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
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๐๐จ๐ง๐ญ๐๐๐ญ
Rohit Bhisey
Transparency Market Research Inc.
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