From GlobeNewswire: 2024-04-04 16:00:00

The Global Rhodamine B Market is expected to grow from USD 182.37 Million in 2023 to USD 252.89 Million by 2033, with a CAGR of 3.32%. Rhodamine B is a tracer dye used in various applications, including biotechnology and fluorescence microscopy. The market is expanding due to increased demand for fluorescent dyes and staining techniques. However, some regions are banning the use of Rhodamine B due to health concerns.

The biotechnological segment dominates the market, with rhodamine B being used in various industries such as textiles and pharmaceuticals. Textile industries are experiencing significant growth, with the dye molecules adhering to fabric through diffusion, bonding, and absorption. North America leads the market, while Asia Pacific is expected to grow rapidly due to high demand for textiles and improving infrastructure.

The Rhodamine B market is highly competitive, with key players such as Hangzhou Haiqiang Chemical Co. and Dezhou Hongqiao Dyestuff Chemical Co. driving innovation and product development. Recent advancements in fluorescent labels have improved cancer diagnosis procedures. Market segmentation includes biotechnological and industrial applications, as well as end-users like textile industries and pharmaceutical companies. Revenue is forecasted globally, regionally, and by country from 2020 to 2033.



Read more at GlobeNewswire: Global Rhodamine B Market Size To Worth USD 252.89 Million