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Optical Brighteners Market by Application, by End User - Global Forecast to 2020

Optical Brighteners Market: Global Forecast until 2020

  • March 2016
  • 145 pages
  • ID: 3717467
In this report:
In 2014, ##.## kilotons of optical brighteners were consumed in the textiles & apparel end user segment, and this consumption is projected to reach ##.## kilotons by 2020, at a CAGR of ##.##% between 2015 and 2020.
The demand for optical brighteners for fabric application is estimated to have been ##.## kilotons in 2014, which is projected to reach ##.## kilotons by 2020, at a CAGR of ##.##% between 2015 and 2020.

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"Optical brighteners market to grow at a compound annual growth rate (CAGR) of 9.60 percent"

The optical brighteners market size is forecasted to reach ~$1.0B by 2020 at a Compound annual growth rate of 9.60 percent from 2015 to 2020. Light fastness, low volatility, chemical stability, and heat resisitance are the top properties of optical brighteners, which make it the preferred material for different applications. Optical brighteners offers sectors with immense development opportunities of newer materials, which have enhanced properties and enhanced brightness, thus driving the market increase.

"Paper the biggest application of optical brighteners"

Increasing consumption of optical brighteners in coated as well as uncoated paper play a significant role in driving the market. Optical brighteners are also used in the production of uncoated fine paper, particularly in uncoated fine paper grades containing high-yield pulp. Growing level of whiteness and the HYP substitution in fine papers have increased the importance of optical brighteners globally in the recent years. The Indian government has started investment promotion programs to assist firms that are developing and manufacturing paper, pushing the increase of this market upward.

Increasing innovation and development, together with growing demand from the consumer markets for better paper products, are directly growing the industry demand for paper in optical brighteners market.

"Increasing demand in Asia-Pac is the main increase driver for Optical Brightener market "

In 2015, Europe (EU) was the biggest market for optical brighteners but Asia Pacific (APAC) registered the highest rise rate during the period forcasted from 2015 to 2020. The territory is expected to register the maximum growth rate, both in terms of value importance and quantity, owing to high demand from China (CN) and India (IN). China (CN) is the second biggest market for optical brighteners globally with main demand from paper application. Increasing innovation and advancements and demand in the consumer sectors for better products is directly affecting the increase in the use of optical brighteners in Asia-Pac region.

Extensive primary audit sessions were conducted to determine and verify the market value for various segments and sub-segments collected by secondary research.

The split of primary interviews is as follow:

- By Company Type - Tier 1 - 34.0 percent, Tier 2 - 33.0 percent, and Others - 33.0 percent

- By Description - C-suite - 12.0 percent, D-level - 25.0 percent, and Others - 63.0 percent

- By area - North america (NA) - 30.0 percent, Europe - 27.0 percent, Asia-Pacific - 32.0 percent, and RoW- 11.0 percent

The main companies decribed in this research report are BASF SE, RPM International Corp., Keystone Aniline Corporation, Aron Universal, Huntsman (NYSE:UN), Clariant (CLN), Brilliant Colors Inc., 3 V Incorporation, and The Fong Min International Company Limited. , and Archroma.

The analysis will facilitate the market top players/new sector entrants in this sector in these ways:

1. This document breaks down the Optical brightenrs market comprehensively and offers the closest approximations of market sizes for the global market and sub-segments across verticals and localities.

2. The market research will facilitate partners distinguish the pulse of the sector and offer them information on main market drivers, market restraints, opportunities, and alternatives.

3. This industry report will facilitate partners comprehend the top players and obtain business insights to improve their rank in the business sector. The competitive outlook section includes business developments, new industry product developments, and mergers & acquisitions.

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