Global Optical Brightening Agents Market Key Insights:
- Optical Brightening Agent Types: DASCC, DSBP
- Feedstock: Morpholine, Aniline, Cyanuric chloride, DASDA, Biphenyl, Toluene, DMF, Triethyl phosphite, Benzaldehyde-2-Sulphonic Acid, etc.
- Market Performance & Price Trends 2018
- Market Analysis & Outlook 2019-2024
- Demand by Application & Region
- Capacity Addition & Plant Turnarounds
Global Optical Brightening Agents Outlook
Rapid growth in textiles and cosmetics across the globe has driven the demand for optical brightening agents. Introduction of new optical brightening agents having better compatibility with recycled fibres is also expected to aid the recycled fibre industry. These factors are key to the projected growth of the global optical brightening agents’ market at a CAGR of about 2% during the period 2019-2024. Rise in demand for paper with greater aesthetic charm is anticipated to further drive the market in the years to come.
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Properties and Applications:
Optical brightening agents, also known as fluorescent brightening agents, are chemicals employed in manufacturing plastics, fibres, coatings, inks and detergents; they absorb light in the ultraviolet and violet region of the electromagnetic spectrum and give out light in the blue region. Further, greater acceptance of chemical optical brightening agents (based on coumarin, stilbene, cinnamic acid, diphenyl pyrazoline, dicarboxylic acid, etc.) in developing nations has been observed. Brightening agents are added to detergents to give clothes a cleaner appearance; ordinarily cleaned clothes appear yellowish, which is not liked by consumers.
Brightening agents are used in high brightness paper to give it a strong, fluorescent appearance under ultraviolet light.
Formerly, bluing was used for the same purpose but came to be replaced by modern optical brightening agents. Brighteners add to the detergent value and can also be used as fabric softeners. They are also used as bleaches. The detergent and cleaning sector have been the key drivers of the optical brightening agents’ market.
Applications of optical brightening agents have extended to the security sector also. Bank notes and labels now have fluorescence to distinguish them from counterfeit notes. Only a small number of di- and tetra-sulfonated triazole-stilbenes, and one di-sulfonated stilbene-biphenyl derivative dominate the global optical brightening agent production for detergents, paper and textiles.
Global Optical Brightening Agents: Applications
- Fabrics and synthetics
- Inks and coatings
- Photo processing solutions
Global Optical Brightening Agents: Market Analysis
This report analyses the global market by the following regions:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific
Asia Pacific is expected to experience robust growth at a CAGR of nearly 5%. Nations such as China and India should drive the market owing to rapid industrialization, growing manufacturing activities, and rising population with its demand for higher standards of living. While Middle East and Africa, and Latin America are anticipated to witness significant growth, markets in Europe and North America should see slow growth. Saturation of the paper industry in Europe and North America has caused paper mill shutdowns over the years, but the soaps and detergent sector should contribute to market growth.
The detergent industry is anticipated to be the largest consumer of optical brightening agents. Cosmetics, paper, textiles and plastics would also be key consumers.
The following factors, however, may hinder market growth:
- Decreased demand due to allergic reactions when brightening agents come in direct contact with skin.
- High production costs.
- Environmental concerns and regulatory standards.
- Search for alternatives such as non-stilbene brighteners.
The report presents a detailed analysis of the following key players covering their capacities, market share and latest turn of events such as mergers and acquisitions, capacity expansions and plant turnarounds in the global optical brightening agents market:
- Huntsman Corporation
- BASF SE
- Jilin Connell Chemical Industry Co. Ltd.
- Tosoh Corp
- Bayer AG/Covestro AG
- Wanhua Chemical
- Exxon Mobil Corporation
- SK Energy Co., Ltd.
- Yara International ASA
- Sygenta AG
- DowDuPont Inc.
- Hexion Inc.
- Evonik Industries AG
- Tsaker Chemical Group Ltd.
- Deepak Nitrile Limited
- Jiangsu Huaihe Chemicals Co.Ltd.
- Eastman Chemical Company
EMR’s comprehensive report on the global optical brightening agents market also offers additional insights on value chain analysis, manufacturing process, trade data analysis and cost breakdown and margins.