Optical Brighteners Market - Complete Study of Current Trends in the Market, Industry Growth Drivers

Optical Brighteners Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023


Albany, NY -- (SBWIRE) -- 11/14/2016 -- Market Research Reports Search Engine (MRRSE) has recently announced the addition of a new research to its online portal. The document, titled "Optical Brighteners Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023," provides a clear understanding of the drivers and restraints shaping the future of the overall market. The researchers have also studied the historical developments in the global market and compared it to recent events to map a plausible trajectory of the global market. Additionally, the primary and secondary research methodologies have helped the readers to obtain an accurate and exact view of the global market.

According to the research report, the global optical brighteners market will be driven by the astounding success of the textile industry across the globe. The growing investments in development of newer fabrics that come with improved brightness and enhanced quality have clearly sparked a remarkable demand for the optical brighteners over the past few years. The strong presence of textile manufacturers in developing countries such as India, China, Italy, Mexico, Turkey, and Taiwan has led to the emergence of optical brighteners market in these nations. The growth of cosmetics industry has also played a crucial role in the rising revenues of the global optical brighteners market. Several optical brightening agents are used in a variety of cosmetics as they have the capacity of making skin look lighter and fairer by absorbing light in the ultraviolet light.

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According to Transparency Market Research, the opportunity in the global optical brighteners market will be worth US$1.71 bn by the end of 2023 as compared to US$1.12 bn in 2014. During the forecast years of 2015 and 2023, the global market is expected to surge at a CAGR of 3.8% in terms of volume. The global optical brighteners market is segmented on the basis of materials into coumarin, stilbene, diphenyl pyrazoline, cinnamic acid, and dicarboxylic acid amongst others. Of these, stilbene is the most popularly used chemical agent. Analysts report that this segment held a share of 65% in the overall market back in 2014. Stilbene is anticipated to dominate the global market in the coming years due to its wide availability of its derivatives and isomers that are applied in making optical brighteners. On the basis of application this market is divided into detergents, textile, cosmetics, paper, ceramics, plastics, and others. In terms of regions, the global market is segmented into North America, the Middle East and Africa, Latin America, Asia Pacific, Europe, and Rest of the World.

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Some of the leading players operating in the global optical brighteners market are Kolor Jet Chemical Pvt. Ltd., Deepak Nitrite Ltd., BASF India, Daikaffil Chemicals India Limited, Eskay Dyestuffs & Organic Chemicals Pvt. Ltd., Paramount Minerals and Chemicals Limited, Khyati Chemicals Private Limited, BASF SE, Meghmani Dyes and Intermediates Ltd., and Huntsman Corporation. The research report has profiled these players and presented a complete understanding of the competitive landscape of the global market. The document also includes an assessment of the business and marketing strategies these companies are likely to adopt in the coming few years. The research also includes recommendations for the leading players and the new entrants to help them make well-informed business decisions.

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