Product Code: ETC091964 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Thailand Optical Brighteners Market is likely to experience consistent growth rate gains over the period 2025 to 2029. The growth rate starts at 0.76% in 2025 and reaches 3.47% by 2029.
By 2027, Thailand's Optical Brighteners market is forecasted to achieve a stable growth rate of 1.29%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
The optical brighteners market in Thailand is projected to register a CAGR of 5.7%, with an estimated value of USD 17 million over the forecast period. This can be attributed mainly due to increasing consumer awareness regarding fabric care products which has led them towards using more whitening agents enriched detergents and other cleaning solutions that contain optical brighteners as ingredients for better results in terms of brightness and clarity while washing clothes made from synthetic fabrics like polyester or nylon among others. Government regulations promoting environment friendly options too play their part in driving up demand for optical brightener based products across all major regions within Thailand during the assessment period.
The Thailand optical brighteners market has witnessed growth owing to the expanding textile, paper, and detergent industries. Optical brighteners are additives that improve the visual appearance of materials by enhancing their brightness. As these industries continue to expand, the demand for optical brighteners has surged, contributing to market growth.
The optical brighteners market in Thailand faces challenges linked to sustainability and environmental concerns. Optical brighteners are chemicals used in various industries, including textiles and detergents, to improve the appearance of products. However, there is growing awareness about their potential environmental impact and persistence in ecosystems. As a result, the industry must innovate towards developing eco-friendly alternatives or more responsible disposal methods. The shift towards sustainability also requires educating consumers and industries about the importance of using environmentally friendly products.
The market for optical brighteners encountered setbacks due to decreased manufacturing and reduced consumer spending. The textile, plastics, and paper industries, which commonly use optical brighteners, experienced a decline in production and consumption, impacting the market.
Key participants in the Thailand optical brighteners market include BrightenUp Co., OptiGlow Industries, and LuminaAdditive Corp. These companies focus on manufacturing optical brightening agents that find applications in textiles, detergents, and plastics industries. Their innovative formulations and commitment to enhancing the visual appearance of various products have positioned them as leading players in the market.