The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

A Glowing Overview

• The optical brightener market has witnessed robust growth in recent years, soaring from $1.19 billion in 2023 to $1.31 billion in 2024 at a compound annual growth rate (CAGR) of 9.8%.
• This surge is credited to various factors such as the burgeoning textile industry, expansion in paper and packaging sectors, technological advancements in formulations, consumer preference for vivid colors, globalization trends, and innovations in specialty products.

Illuminating the Future

• The market is poised for further expansion, anticipated to reach $1.87 billion in 2028 with a CAGR of 9.2%.
• Driving forces in the forecast period include increased usage in plastics and polymers, stringent environmental regulations, rising disposable income, expanding applications in the automotive industry, and customization for unique applications.
• Major trends to watch out for include technological innovations in formulations, a shift towards environmentally friendly options, applications in cosmetics and personal care products, focus on brightness and color enhancement, inclusion in printing inks, and collaborative partnerships.

View More On The Optical Brightener Market Report 2024 – https://www.thebusinessresearchcompany.com/report/optical-brightener-global-market-report

Expansion Of Manufacturing Sector To Drive Market Growth

• Growing manufacturing activities are set to drive the optical brighteners market forward.
• Optical brighteners serve as raw materials for various industries including fabrics, synthetics, plastics, detergents, etc.
• According to a report by the United Nations Industrial Development Organization, manufacturing production witnessed significant growth, particularly in developing and emerging industrial economies, spurring the demand for optical brighteners.
• The rise in manufacturing activities is propelling the growth of the optical brightener market.

Dorf Ketal’s Acquisition Of Khyati Chemicals Marks Expansion Into The Optical Brighteners Market

• In April 2022, Dorf Ketal, an India-based manufacturer of process chemicals and additives for oil refineries, acquired Khyati Chemicals for $51 million.
• This strategic move enables Dorf Ketal to venture into the performance chemicals sector and diversify its product offerings.
• Khyati Chemicals, an India-based manufacturer of optical brighteners, adds significant value to Dorf Ketal’s portfolio.

Segmentation Insights

The optical brightener market is segmented as follows:

1. By Type:
   • Triazine-Stilbenes
   • Coumarins
   • Imidazolines
   • Diazoles
   • Benzoxazolines
2. By Application:
   • Paper
   • Fabrics
   • Detergents And Soaps
   • Synthetics And Plastics
   • Lacquers
   • Ultraviolet Tracer
   • Pigmented Lacquers
3. By End-Use:
   • Consumer Product
   • Security And Safety
   • Textiles And Apparel
   • Packaging

Asia-Pacific Dominance

• Asia-Pacific stands as the dominant force in the optical brightener market and is anticipated to retain its position as the largest market in 2023.

RequestA Sample Of The Global Optical Brightener Market Report 2024:

https://www.thebusinessresearchcompany.com/sample_request?id=7911&type=smp

The Optical Brightener Global Market Report 2024 provides comprehensive insights on the optical brightener market size, trends and drivers, opportunities, strategies, and competitor analysis. The countries covered in the optical brightener market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

View More Related Reports –

Optical Instrument And Lens Global Market Report 2024

Optical Wavelength Services Global Market Report 2024

Optical Measurement Global Market Report 2024

Learn More About The Business Research Company
The Business Research Company has published over 3000+ detailed industry reports, spanning over 3000+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Contact us at:
The Business Research Company:https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info

Follow us on:

LinkedIn:https://in.linkedin.com/company/the-business-research-company

YouTube:https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Global Market Model:https://www.thebusinessresearchcompany.com/global-market-model