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Optical Brighteners Market Share

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

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Optical Brighteners Market Share

Major players operating in the optical brighteners industry include:

BASF SE
Huntsman Corporation
Archroma
Keystone Aniline Corporation
Clariant AG
AkzoNobel N.V.
Eastman Chemical Company
3V Incorporation
Teh Fong Min International Co., Ltd.
Aron Universal Limited
RPM International Inc.
Deepak Nitrite Limited
Khyati Chemicals Private Limited
Kolor Jet Chemical Pvt. Ltd.
Paramount Minerals and Chemicals Limited

BASF SE and Huntsman Corporation have captured substantial market shares in the Asia-Pacific market, driven by companies in the Asia-Pacific region, driven by the surging demand for Optical Brighteners products, particularly in China and India. The Asia-Pacific region, the world's largest Optical Brighteners industry, is poised for continued growth due to rapid economic development, urbanization, and increasing demand across industries such as nuclear power, chemicals, ceramics, and aerospace. As leading producers, Tronox Holdings plc and Tronox Holdings plc are well-positioned to cater to this escalating demand in the region.

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.