Portland, OR -- (SBWIRE) -- 12/29/2017 -- Rhodamine B is a chemical compound that acts as a tracer dye, and assists to determine the rate as well as direction of flow and transport in water. The dyes consists of rhodamine B fluoresce, thus making the detection of the same becomes easy in fluorometers. Rhodamine B is essentially used to impart color in cotton and paper.

Major factors that fuel the growth of the Rhodamine B market are rise in demand for fluorescence dyes in biotechnological applications such as fluorescence microscopy, flow cytometry, and ELISA. In addition, large-scale utilization of staining techniques in various laboratory experiments supplements the market growth.

Side effects associated with utilization of rhodamine B, owing to its carcinogenic properties, restrain the growth of the market. Conversely, increase in R&D activities utilizing Rhodamine B such as rhodamine biomarkers is expected to offer profitable opportunities for the growth of the market.

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Key Benefits For the Stakeholders:

-The study provides an in-depth analysis of the global Rhodamine B market with current trends and future estimations to elucidate the imminent investment pockets.

-It presents a quantitative analysis from 2016 to 2023 to enable the stakeholders to capitalize on prevailing market opportunities.

-Extensive analysis of the market by type assists to understand the various forms of Rhodamine B available.

-Key players are profiled and their strategies are analyzed thoroughly, which predict the competitive outlook of the market.

Rhodamine B Market Key Segmentation:

By Application

-Biotechnological
-Industrial
-Other Applications

By End User

-Textile Industries
-Pharmaceutical Companies
-Others

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