Optical Brightener Market Size, Market Competitive Landscape, Business Growth, Share, And Forecast To 2033

The new report published by The Business Research Company, titled ""Optical Brightener Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the optical brightener market size has grown strongly in recent years. It will grow from $1.19 billion in 2023 to $1.31 billion in 2024 at a compound annual growth rate (CAGR) of 9.8%. The optical brightener market size is expected to see strong growth in the next few years. It will grow to $1.87 billion in 2028 at a compound annual growth rate (CAGR) of 9.2%.

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Expansion Of Manufacturing Sector To Drive Market Growth
Growing manufacturing activities are expected to propel the growth of the optical brighteners market going forward. Manufacturing is a sector of the economy involved in the production of goods for sale. Optical brighteners are used in manufacturing as a raw material for certain industries such as fabrics, synthetics, plastics, detergents, and so on. For instance, according to a report published by the United Nations Industrial Development Organization, a US-based national agency, in March 2022, there was a growth of 7 percent in the third quarter and of nearly 30 percent in the second quarter of 2021 in manufacturing production in developing and emerging industrial economies. Manufacturing production in industrialized European economies rose by 1.8 percent in the last quarter of 2021. Therefore, growing manufacturing activities are driving the growth of the optical brightener market.

Strategic Partnerships And Collaborations Reshaping The Optical Brightener Market
Strategic partnerships and collaborations are a key trend gaining popularity in the optical brightener market. Major companies operating in the market are focused on strategic agreements and mergers to meet customer demand. For instance, in May 2022, Brenntag Specialties a Germany-based chemical distribution got into a new agreement with Archroma a Switzerland-based specialty chemical and optical brightener producer for the expansion of its portfolio of products in-home care and household, industrial & institutional (HI&I) cleaning laundry products and detergents. Through this acquisition, Brenntag Specialties aims to expand in the USA and Canada.

The optical brightener market covered in this report is segmented -

1) By Type: Triazine-Stilbenes, Coumarins, Imidazolines, Diazoles, Benzoxazolines
2) By Application: Paper, Fabrics, Detergents And Soaps, Synthetics And Plastics, Lacquers, Ultraviolet Tracer, Pigmented Lacquers
3) By End-Use: Consumer Product, Security And Safety, Textiles And Apparel, Packaging

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Major companies operating in the optical brightener market report are BASF Colors & Effects GmbH, Huntsman International LLC, Eastman Chemical Company, Archroma, Clariant AG, RPM International Corp., Keystone Aniline Corporation, Aron Universal Ltd., Brilliant Colors Inc., 3V Company Inc., The Fong Min International Company Limited, Kolorjet Chemicals Pvt. Ltd., Dayglo Color Corp., BoldChem Technology Co. Ltd., Beijing Odyssey Chemicals Co. Ltd., Hebei Xingyu Chemical Co. Ltd., Nantong Huanuo Pigment Co. Ltd., Shandong Joy-ring Chemical Co. Ltd., Shanxi Colorshine Chemical Industry Co. Ltd., Dystar Singapore Pte Ltd., Everlight Chemical Industrial Corporation, Lanxess AG, Ciba Specialty Chemicals, Bayer AG, Dow Chemical Company, Evonik Industries, Solvay SA, Shandong Lukang Pharmaceutical Co. Ltd., Shandong Yisheng Chemical Co. Ltd., Zhejiang Wanjie Co. Ltd.

Contents of the report:
1. Executive Summary
2. Optical Brightener Market Report Structure
3. Optical Brightener Market Trends And Strategies
4. Optical Brightener Market - Macro Economic Scenario
5. Optical Brightener Market Size And Growth
…..
27. Optical Brightener Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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