Optical Brighteners Market 2021 Global Size, Growth Insight, Share, Trends, Industry Key Players, Regional Forecast To 2030

In a recent published report, Kenneth Research has updated the market report for Optical Brighteners Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Optical Brighteners Market products.

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Moreover, the median health expenditure per capita recorded in the high-income, upper-middle income, and low & lower-middle income countries, recorded to be over USD 2,000, USD 400, and USD 100 respectively. Additionally, in the same year, the spending on health in high-income countries and in the low- and middle-income countries comprised approximately 8.2% and 6.3% of the GDP respectively.

“Final Report will add the analysis of the impact of COVID-19 on this industry.”

Global Optical Brighteners Market is estimated to reach $2,522 Million by 2025; growing at a CAGR of 4.1% from 2017 to 2025. Optical brighteners are artificial chemicals that absorb light in the violet and ultraviolet region of the electro-magnetic spectrum, and reemit light in the blue zone by fluorescence. Optical brighteners hold properties such as brightness and whiteness, washing fastness, light fastness, chemical stability, heat resistance, low volatility, metamerism, and high solubility in organic solvents. They are also referred as optical brightening agents, fluorescent brightening agents or fluorescent whitening agents. Optical brighteners are primarily used to lighten colors or remove staining and are thus, used as paper brighteners, detergent whiteners, along with fiber whitening, textile whitening, and brightening or color correcting additives in cosmetics.

The global optical brighteners market is mainly driven by factors such as surging demand for bio-based surfactants, and increasing product demand due to its exceptional features including chemical stability, heat resistance, low volatility, and light fastness. However, the market consists of certain constraints such as toxic nature, sustainability issues of this agents, and stringent government regulations imposed on the use of chemical agents in consumer products. Moreover, heavy investment by government in promotional campaigns to develop the paper & textile industry is likely to generate lucrative growth opportunities for the market in the forthcoming years.

The global optical brighteners market is bifurcated into chemicals, application, and geography. By chemicals, the segmentation are stilbene, coumarin, diphenyl pyrazoline, dicarboxylic acid, cinnamic acid, and other chemicals. Furthermore, the application segment is sub-segmented into textile, detergents, paper, cosmetics, plastics, ceramics, and other applications.

Based on geography, optical brighteners market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further bifurcated in U.S., and Rest of North America whereas Europe consists of UK, Germany, France, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.

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The key players operating in the market includes Huntsman Corporation, Clariant AG, BASF SE, Keystone Aniline Corporation, 3 V Incorporation, RPM International Corp., Brilliant Colors Inc., Archroma, The Fong Min International Company Limited, and Aron Universal, among others.

The key takeaways from the report
The report will provide detailed analysis of the Global Optical Brighteners Market with respect to major segments such as chemicals, application, and geography

The report will include the qualitative and quantitative analysis with market estimation over 2016 – 2025 and compound annual growth rate (CAGR) between 2017 and 2025
Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
An exhaustive regional analysis of the Global Optical Brighteners Market has been included in the report

Profile of the key players in the Global Optical Brighteners Market will be provided, which include key financials, product & services, new developments and business strategies

Scope of the Global Optical Brighteners Market
Chemicals Segments

Diphenyl Pyrazoline
Dicarboxylic Acid
Cinnamic Acid
Other Chemicals
Application Segments

Other Applications
Geographical Segments

North America
Rest of North America
Rest of Europe
Rest of Asia-Pacific
South America
Middle East

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