Optical Brightening Agents Market Analysis

  • Report ID: 5271
  • Published Date: Sep 27, 2023
  • Report Format: PDF, PPT

Optical Brightening Agents Market Analysis

Type (Stilbene, Coumarin)

The coumarin segment is estimated to hold 60% share of the global optical brightening agents market in the year 2036. Coumarin derivatives are preferred due to their potential to meet environmental regulations and sustainability requirements in plastic manufacturing, aligning with global efforts to reduce environmental impact. Sustainability initiatives have gained prominence worldwide, with increasing adoption of eco-labeling and certification programs. The coumarin segment in the FBA market is experiencing growth driven by their expanding use in plastic manufacturing, consumer demand for aesthetically pleasing plastic products, technological advancements, adherence to environmental regulations, and regional expansion in plastic industries.

End User (Textile, Plastic, Cosmetics)

Optical brightening agents market from the textile segment is expected to garner a significant share in the year 2036. FBAs, particularly those used in textiles, are known for their ability to enhance the brightness and whiteness of fabrics. The desire for visually appealing textiles in clothing, home textiles, and industrial textiles is a significant driver for this segment. The global textiles sales were valued at approximately USD 2.56 trillion in the year 2020. Ongoing research and development efforts have led to innovations in textile brightening technologies, with FBAs offering improved performance, durability, and eco-friendliness. Research and development investments in the textile and chemicals industries have increased worldwide, signifying a commitment to technological advancement.

Our in-depth analysis of the global market includes the following segments:

           Type

 

   

           End User

  • Textile
  • Plastic
  • Cosmetics

Browse Key Market Insights with Data Illustration:


Author Credits:  Smruti Ranjan, Rajrani Baghel


  • Report ID: 5271
  • Published Date: Sep 27, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing demand for textile industry is the major factor driving the market growth.

The market size of optical brightening agents is anticipated to attain a CAGR of 8% over the forecast period, i.e., 2024-2036.

The major players in the market are BASF SE, Huntsman Corporation, Archroma, Akzo Nobel N.V., Clariant AG, Eastman Chemical Company, and others.

The textile segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Inquiry Before Buying Request Free Sample
logo
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying