Global Hydroquinone Market - Segmented by Application, End-User Industry, and Geography - Growth, Trends and Forecasts (2018 - 2023)

  • ID: 4514880
  • Report
  • Region: Global
  • 145 pages
  • Mordor Intelligence
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  • Camlin Fine Chemicals
  • Eastman
  • Haihang Industry Co. Ltd.
  • JHD Fine Chemicals
  • Jiansu Sajili
  • MEI LE SHI Limited
  • MORE
The global hydroquinone market is estimated to register a CAGR of 4.12% during the forecast period, 2018-2023. Asia-Pacific is to account for the largest share of the market, with India and China being prominent markets. Antioxidant is expected to be the major application for hydroquinone market.

Increasing Usage of Hydroquinone in Superabsorbent Polymers

Hydroquinone ethers are used in the production of superabsorbent polymers, which form a part of large cross-linking networks, to enable absorption of large amounts of fluids. The usage of hydroquinone is considered to be of high importance in the production of superabsorbent polymers. With the increasing application of superabsorbent polymers in agriculture sector, the market for hydroquinone is to grow at a significant rate.

Antioxidants to Continue to be the Major Consumer

Antioxidant was found to be the largest application for hydroquinone followed by polymerization inhibitors. In these applications, hydroquinone is used to produce various monomers and polymers including unsaturated polyester resins. The antioxidant activity of hydroquinone is mainly due to the presence of OH and the functional group in its structure. A new method is introduced to increase the antioxidant efficiency of hydroquinone class by aminomethylation. The increasing demand for antioxidants from cosmetic and food industry is to support the growth of hydroquinone through the forecast period.

Asia-Pacific to Lead the Market with High Share

The Asian market for hydroquinone was found to be largest among other regions. The demand for hydroquinone in India and China is expected to grow significantly in the region. The market for hydroquinone in Asia-Pacific is to be driven by the growing demand from the end-user industries including construction, cosmetic, etc. in the region.

Notable Developments in the Market

January 2018: Eastman increased the prices for anhydrides, diketene derivates, and hydroquinone

Major Players: Rohdia (Solvay), Eastman Chemicals, Mitsui Chemicals, UBE Industries, Camlin Fine Chemicals, amongst others.

Reasons to Purchase this Report

To understand the impact of increasing stringent regulations on the market

Analyzing various perspectives of the market with the help of Porter’s five forces analysis

To understand the dominating technology in the market

Countries expected to witness the fastest growth during the forecast period

Identifying the latest developments, market shares and strategies employed by the major market players

3-month analyst support, along with the Market Estimate sheet in excel

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Note: Product cover images may vary from those shown
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  • Camlin Fine Chemicals
  • Eastman
  • Haihang Industry Co. Ltd.
  • JHD Fine Chemicals
  • Jiansu Sajili
  • MEI LE SHI Limited
  • MORE
1. Introduction
1.1 Research Phases
1.2 Study Deliverables
1.3 Scope of the Report

2. Executive Summary

3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness - Porter’s Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
3.3 Technological Snapshot
3.4 Trade Analysis
3.5 Regulatory Policy Analysis

4. Market Dynamics
4.1 Drivers
4.1.1 Growing Demand from Superabsorbent Polymers
4.1.2 Surging Demand for Hydroquinone from the Paint Industry
4.2 Restraints
4.2.1 Strict Regulations by EPA And EU for Products with more than 4% Hydroquinone
4.2.2 Emergence of Digital Photography
4.2.3 Toxicity And Carcinogenic Effects of Skin Cream
4.3 Opportunities
4.3.1 Lack Of Adequate Regulations in India
4.3.2 Other Opportunities

5. Market Segmentation and Analysis
5.1 By Application
5.1.1 Intermediate
5.1.2 Antioxidant
5.1.3 Polymerization Inhibitor
5.1.4 Photosensitive Chemical
5.1.5 Others
5.2 By End-user
5.2.1 Cosmetic
5.2.2 Polymer
5.2.3 Paints & Adhesives
5.2.4 Construction
5.2.5 Rubber
5.2.6 Others

6. Regional Market Analysis- (Market Size, Growth, and Forecast)
6.1 Asia-Pacific
6.1.1 China
6.1.2 India
6.1.3 Japan
6.1.4 South Korea
6.1.5 ASEAN
6.1.6 Rest of Asia-Pacific
6.2 North America
6.2.1 United States
6.2.2 Canada
6.2.3 Mexico
6.2.4 Rest of North America
6.3 Europe
6.3.1 Germany
6.3.2 United Kingdom
6.3.3 Italy
6.3.4 France
6.3.5 Rest of Europe
6.4 South America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 Saudi Arabia
6.5.2 South Africa
6.5.3 Rest of Middle East & Africa

7. Future of the Market

8. Competitive Landscape
8.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
8.2 Market Share Analysis
8.3 Strategies Adopted by Leading Players

9. Company Profiles (Overview, Products & Services, Financials**, Recent Developments, and Analyst View)
9.1 Rohdia (Solvay)
9.2 Eastman
9.3 Mitsui Chemicals
9.4 UBE Industries
9.5 Camlin Fine Chemicals
9.6 Yancheng Fengyang Chemical
9.7 Jiansu Sajili
9.8 Haihang Industry Co. Ltd.
9.9 Neostar United Industiral Co. Ltd.
9.10 MEI LE SHI Limited
9.11 Hubei Yuangcheng Saichuang Technology Co. Ltd.
9.12 Tianjin Zhongxin Chemtech Co. Ltd.
9.13 Riedel-De-Haen AG
9.14 Varian
9.15 JHD Fine Chemicals
*List Not Exhaustive

10. Disclaimer
**Subject to Feasibility & Availability on Public Domain
Note: Product cover images may vary from those shown
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  • Rohdia (Solvay)
  • Eastman
  • Mitsui Chemicals
  • UBE Industries
  • Camlin Fine Chemicals
  • Yancheng Fengyang Chemical
  • Jiansu Sajili
  • Haihang Industry Co. Ltd.
  • Neostar United Industiral Co. Ltd.
  • MEI LE SHI Limited
  • Hubei Yuangcheng Saichuang Technology Co. Ltd.
  • Tianjin Zhongxin Chemtech Co. Ltd.
  • Riedel-De-Haen AG
  • Varian
  • JHD Fine Chemicals
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown