Fluorescent Whitening Agents Market Opportunities 2036
Research Nester’s recent market research analysis on “Fluorescent Whitening Agents Market: Global Demand Analysis & Opportunity Outlook 2036” delivers a detailed competitors analysis and a detailed overview of the global fluorescent whitening agents market in terms of market segmentation by type, application, end-use, and by region.
Growing Concern for the Prevalence of Chronic Diseases to Promote Global Market Share of Fluorescent Whitening Agents Market
The global fluorescent whitening agents market is estimated to grow majorly on account of rising disposable incomes, growing demand for high-quality products, and rising applications in textile fibers for whitening effects. Other than this, the robust growth in the cosmetics & personal sector is also acting as a factor propelling the growth of the fluorescent whitening agents market. For instance, almost 15.1% of people aged 18-29 use BB and CC cream every day. Other than this, technological advancements in the production process are also expected to bolster the fluorescent whitening agents market growth.
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Some of the major growth factors and challenges that are associated with the growth of the global fluorescent whitening agents market are:
Growth Drivers:
• Rising Disposable Incomes
• Increasing Applications in Manufacturing Textile Fibers
Challenges:
The rising environmental awareness amongst people, probable side effects, and increasing competition are some of the major factors anticipated to hamper the global market size of fluorescent whitening agents market.
By end use, the global fluorescent whitening agents market is segmented into cosmetic & personal care, textiles, plastics, paper & pulp, and cleaning. Out of these, the textiles segment for the fluorescent whitening agents market is projected to hold the maximum share of 34% during the forecast period. The rising textile industry, which makes up almost 2.1% of the global gross domestic product, widely uses fluorescent whitening agents to fabrics to enhance the whiteness of textiles. Moreover, the rising demand for high-end apparel and design is also fueling the market growth.
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By region, the Europe fluorescent whitening agents market is to generate significant revenue by the end of 2036. The growth in the region can be attributed to the presence of the maximum number of fluorescent brightening agent manufacturers. The region has almost 9950 laundromats in Europe and the number is expected to grow in the future.
This report also provides the existing competitive scenario of some of the key players of the global fluorescent whitening agents market which includes company profiling of Amcor plc, Norwex BASF SE, 3V Incorporation, Evonik Industries AG, JNC Corporation, KANSAI PAINT CO., LTD., Daio Paper Co., Ltd, Lion Co., Ltd., KANEKA CORPORATION and others.
Access our detailed report at: https://www.researchnester.com/reports/fluorescent-whitening-agents-market/5618
Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.
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