Optical Brighteners Market

In terms of revenue, the global optical brighteners market is projected to expand at a CAGR of 4.9% from 2018 to 2026, according to a new research report titled ‘Optical Brighteners Market – Global Industry Analysis, Value, Share, Growth, Trends, and Forecast, 2018–2026’ published by Transparency Market Research (TMR) In terms of value, the global optical brighteners market is expected to reach US$ 2,036 Mn by 2026. The market is driven by the rise in demand for optical brighteners in detergent products. The optical brighteners market in Asia Pacific is estimated to expand at a CAGR of 5.4% during the forecast period, owing to the rapid increase in demand for optical brighteners in the cleaning sector in the region. Based on chemical, the stilbene segment held major share of the global optical brighteners market in 2017. However, the diphenyl pyrazoline segment is anticipated to expand significantly from 2018 to 2026.

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Rise in Demand for Detergents Likely to Boost Market

Based on chemical, the stilbene segment accounted for major share of the global optical brighteners market in terms of value and volume in 2017. Stilbene provides excellent whitening properties in several applications. Optical brighteners absorb lights. This enhances the cloth appearance. The stilbene compound can be combined with other fluorescence agents for improving attractive appeal in the commercial applications. This is projected to boost the optical brighteners market during the forecast period. Stilbene is widely used to manufacture detergents and cleaning powders. Most detergent manufacturers use optical brighteners to enhance product quality and cleaning efficiency. This is projected to propel the demand for optical brighteners.

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