Global Stilbene Market Overview:
Stilbene is an organic compound. Stilbenes are used in manufacture of dyes of optical brighteners, phosphor, and scintillator. Stilbene comes in two forms: cis-stilbene and trans-stilbene, with cis-stilbene being the less stable of the two. Primarily stilbene is used in textile and paint industries so its growth is tied to these industries. The Asia Pacific is the largest market for the stilbene followed by North America due to its large population. With the rise of the paper and textile industry, the demand for stilbene is also increasing. Some of the players profiled in the study are BASF (Germany), Huntsman International LLC. (United States), Archroma India Private Limited (India), Milliken & Company (United States), Shanghai jinjinle Industry Co., Ltd (China), Jin Jinle Chemical Co., Ltd. (China), Merck (Germany), Zhejiang Transfar Whyyon Chemical Co., Ltd (China), Eastman Chemical Company (United States) and Blankophor GmbH & Co. KG (Germany).
On the basis of geography, the market of Stilbene has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia Pacific region held largest market share in the year 2020. If we see Market by Sales Channel, the sub-segment i.e. Direct will boost the Stilbene market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Grade, the sub-segment i.e. Industrial will boost the Stilbene market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Demand Of Stilbene in Paper and Textile Industry
- Need Of Stilbene in The Manufacture of Optical Brighteners
- Adoption Of Stilbene in Biochemistry Applications
- Volatility In Price of Stilbene Due to Covid-19
- Rise Of Textile Industry Will Boost the Demand of Stilbene
- Increasing Demand of Stilbene from Developing Economies
- Availability Of Alternatives to Stilbene Scintillator
Key Market Developments:
On April 2021, Merck announced the successful completion of the cash tender offer, through a subsidiary, for all of the outstanding shares of common stock of Pandion Therapeutics, Inc. at a purchase price of 60 dollars per share. Following the tender, Mereck completed the acquisition through a merger of Merck’s wholly-owned subsidiary.
On 9th July 2019, Archroma India Private Limited has agreed to buy BASF India Limited's stilbene-based Optical Brightening Agents (OBA) business for paper and powder detergent applications. The portfolio of stilbene-based OBA products as well as the production facility in Ankleshwar, India, are included in the deal. Subject to regulatory clearances, the transaction is scheduled to close in the fourth quarter of 2019.
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Stilbene Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations, End-Use Industries and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Stilbene market on the basis of product [e-Stilbene and trans-Stilbene] , application [Whiteners, Scintillator, Dyes, Optical Brighteners and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Stilbene market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Stilbene industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Stilbene market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.