Global Optical Brighteners Market Anticipated to Showcase Significant Growth at 4.23% CAGR During 2017 – 2023
Albany, NY -- (SBWire) -- 05/25/2018 --Optical brighteners or OBA are basically chemical compounds which are used to increase the appearance of paper color or fabric, lessening the natural yellowing of the products and further help them appear cleaner. The growth in the textile industry is one of the prominent factors which has motivated the demand for optical brighteners on the global platform. In order to study the market status of optical brighteners, a new study has been included to the wide database of Market Research Hub (MRH) titled "Optical Brighteners Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2023". This research report talks about the swelling developments & innovations which are fueling market growth for optical brighteners. It is estimated that the global optical brighteners market would expand at a CAGR of 4.23% during the forecast period; at this pace, the market is likely to rise from a revenue mark of US$1,334.6 million in 2017 to US$1,711.3 million by 2023.
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As per active research findings, the development in the textile machinery industry across countries like China, Italy, India, Taiwan, Mexico and Turkey, is expected to drive the optical brighteners market in the coming years. Moreover, growing cosmetics industry globally is also pushing the concerned market to new heights. This research report offers a comprehensive analysis of the various opportunities anticipated to impact the overall market for optical brighteners. Furthermore, a clear picture about market dynamics is also present in the report to enlighten readers about the ongoing trends prevailing in the global market.
The following section of the report discusses the market segmentation on the basis of chemical, application and geography. Based on chemical, the global optical brighteners market is divided into coumarin, dicarboxylic acid diphenyl pyrazoline, stilbene and cinnamic acid. Further, the prime applications mentioned in the report are detergents, cosmetics, ceramics, plastics, textile and paper. Geographically, the global optical brighteners market is divided into North America, Latin America, Middle East & Africa, Europe and Asia Pacific.
Browse Full Report with TOC- https://www.marketresearchhub.com/report/optical-brighteners-market-material-stilbene-coumarin-diphenyl-pyrazoline-dicarboxylic-acid-cinnamic-acid-application-textile-detergents-paper-cosmetics-plastics-ceramics-global-industry-analysis-size-share-growth-trends-and-forecast-2015-2023-report.html
The final section of the report discourses details about the prime market players such as Deepak Nitrite Ltd. (India), Eskay Dyestuffs & Organic Chemicals Pvt. Ltd. (India), BASF India, Daikaffil Chemicals India Limited (India), Kolor Jet Chemical Pvt. Ltd. (India), Huntsman Corporation (U.S), Khyati Chemicals Private Limited (India), Paramount Minerals and Chemicals Limited (India), BASF SE (Germany), Eastman Chemical Company (U.S), Blankophor GmbH& Co. KG (Germany), Meghmani Dyes and Intermediates Ltd. (India) and Archroma (Switzerland).
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