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Optical Brighteners Market Size

  • Report ID: GMI7075
  • Published Date: Oct 2023
  • Report Format: PDF

Optical Brighteners Market Size

Optical Brighteners Market was valued at around USD 1.9 Billion in 2022 and is estimated to register a CAGR of over 6.4% between 2023 and 2032 due to its specialized chemicals that enhance the visual brightness and whiteness of various materials. These chemicals, which often belong to categories such as triazine-stilbenes, coumarins, and benzoxazolines, find widespread application in products like detergents to make clothes appear brighter, in paper and textiles for enhancing the whiteness, and in cosmetics to create a radiant skin appearance.

 

The optical brighteners serve industries like packaging for aesthetic appeal and in security and safety applications to detect counterfeit currency and documents, thus contributing to improved product presentation and authenticity verification in diverse sectors.

 

Indeed, regulatory challenges stand out as a major pitfall for the optical brighteners industry. Stringent regulations regarding product safety, environmental impact, and chemical usage pose significant hurdles for manufacturers and suppliers in the industry. Compliance with diverse and evolving regulatory frameworks across different regions and applications requires substantial investments in research, development, and testing to ensure products meet the required standards.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for optical brighteners was valued at around USD 1.9 Billion in 2022 and is estimated to reach USD 3.7 Billion by 2032, favored by the widespread application in detergents to make clothes appear brighter, in paper and textiles for enhancing the whiteness, and in cosmetics to create a radiant skin appearance.

Triazine-stilbenes segment accounted for USD 1.07 Billion in 2022 and will gain demand on account of the rising demand for visually appealing products across textiles, cosmetics, and packaging, and the continuous quest for eco-friendly and sustainable optical brightener solutions.

U.S. industry size for optical brighteners was worth USD 470.4 million in 2022 and is anticipated to expand at a significant pace from 2023-2032, due to robust industrial sector, constant innovation in product formulations, and a growing emphasis on high-quality consumer goods.

BASF SE, Huntsman Corporation, Archroma, Keystone Aniline Corporation, Clariant AG, AkzoNobel N.V., Eastman Chemical Company, 3V Incorporation, Teh Fong Min International Co., Ltd., and Aron Universal Limited among others.

Optical Brighteners Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 203
  • Countries covered: 22
  • Pages: 180
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