Global Fluorescent Brightening Agents Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Chemicals;

Cinnamic acid, Coumarin, Dicarboxylic acid, Stilbene, Diphenylpyrazoline and Others.

By Application;

Paper, Ceramics, Textile, Cosmetics, Soaps & Detergents, Plastics, Security and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn677568668 Published Date: June, 2024 Updated Date: July, 2024

Introduction

Global Fluorescent Brightening Agents Market (USD Million), 2020 - 2030

In the year 2023, the Global Fluorescent Brightening Agents Market was valued at USD 2098.56 million. The size of this market is expected to increase to USD 2952.88 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.

The global fluorescent brightening agents market is witnessing significant growth due to their widespread application across various industries. Fluorescent brightening agents (FBAs), also known as optical brighteners, are chemicals that absorb light in the ultraviolet and violet region (usually 340-370 nm) of the electromagnetic spectrum and re-emit light in the blue region (typically 420-470 nm). This property enhances the appearance of color and brightness of materials to which they are applied, making them essential in industries such as textiles, detergents, paper, and plastics. The increasing demand for visually appealing products with enhanced brightness and whiteness is driving the growth of the FBA market.

In the textiles industry, FBAs are widely used to give fabrics a bright and clean appearance, compensating for the yellowish tint that can develop during the manufacturing process. Similarly, in the paper industry, these agents are crucial for producing high-quality, bright white paper products. The detergent industry also relies heavily on FBAs to enhance the whiteness and brightness of fabrics during washing, addressing consumer preferences for cleaner and brighter clothes. The versatility and effectiveness of FBAs in improving the visual qualities of various products are key factors contributing to their market expansion.

Geographically, the market for fluorescent brightening agents is influenced by regional industrial activities and consumer preferences. North America and Europe, with their well-established textile, paper, and detergent industries, are significant markets for FBAs. Meanwhile, the Asia-Pacific region is experiencing rapid growth due to the expanding manufacturing sectors in countries like China and India. The growing middle-class population in these regions, coupled with increasing disposable income, is driving the demand for high-quality consumer goods, further boosting the FBA market. As industries continue to prioritize product aesthetics and quality, the global fluorescent brightening agents market is poised for sustained growth.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Chemicals
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Fluorescent Brightening Agents Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand for High-Quality Consumer Goods
        2. Growth in Textile and Detergent Industries
        3. Technological Advancements in Manufacturing Processes
      2. Restraints
        1. Environmental and Regulatory Challenges
        2. High Production Costs
        3. Market Saturation in Developed Regions
      3. Opportunities
        1. Expansion in Emerging Markets
        2. Development of Eco-Friendly Fluorescent Brightening Agents
        3. Innovations in Application Techniques and Product Formulations
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Fluorescent Brightening Agents Market, By Chemicals, 2020 - 2030 (USD Million)
      1. Cinnamic acid
      2. Coumarin
      3. Dicarboxylic acid
      4. Stilbene
      5. Diphenylpyrazoline
      6. Others
    2. Global Fluorescent Brightening Agents Market, By Application, 2020 - 2030 (USD Million)
      1. Paper
      2. Ceramics
      3. Textile
      4. Cosmetics
      5. Soaps & Detergents
      6. Plastics
      7. Security
      8. Others
    3. Global Fluorescent Brightening Agents Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. BASF SE
      2. Huntsman International LLC
      3. 3V Incorporation
      4. Teh Fong Min International Co., Ltd.
      5. Deepak Nitrite Limited
      6. Evonik Industries AG
      7. Tsaker Chemical Group Ltd
      8. Archroma
      9. Clariant
      10. Mayzo, Inc.
      11. Delta Hydrocarbon
      12. Kyung-In Synthetic Corporation
  7. Analyst Views
  8. Future Outlook of the Market