Hydroquinone, also known as benzene-1,4-diol or quinol, is an aromatic organic compound that is a type of phenol, a derivative of benzene. The Hydroquinone industry can be broken down into several segments, Industrial Grade Hydroquinone, High Purity Hydroquinone, etc. Across the world, the major players cover Solvay, Mitsui Chemicals, Eastman, Jiangsu Sanjili Chemical Co., Ltd., UBE Group, Camlin Fine Chemicals, Hubei Kaiyuan Chemicals & Technology, Yancheng Fengyang Chemical Co., Ltd, etc.
The global market for Hydroquinone is estimated to increase from US$ 518.9 million in 2021 to reach US$ 566.3 million by 2028, exhibiting a CAGR of 1.3% during 2022-2028. Keeping in mind the uncertainties of COVID-19 and Russia-Ukraine War, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Global key players of Hydroquinone include Solvay, Mitsui Chemicals, Eastman, Jiangsu Sanjili Chemical Co., Ltd and UBE group, etc. Top three players occupy for a share about 65%. China is the largest market, with a share about 36%, followed by Europe and India. In China, Hydroquinone is mostly supplied by China, with the main production areas being East and Central China, and imports of China Hydroquinone market are mainly from Japan and United States, with share 48% and 35%, separately. East and South China are the largest market in China.
Report Coverage
This latest report provides a deep insight into the global Hydroquinone market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, value chain analysis, etc.
This report aims to provide a comprehensive picture of the global Hydroquinone market, with both quantitative and qualitative data, to help readers understand how the Hydroquinone market scenario changed across the globe during the pandemic and Russia-Ukraine War.
The base year considered for analyses is 2021, while the market estimates and forecasts are given from 2022 to 2028. The market estimates are provided in terms of revenue in USD millions and volume in MT.
Market Segmentation:
The study segments the Hydroquinone market and forecasts the market size by Type (Industrial Grade Hydroquinone and High Purity Hydroquinone,), by Application (Rubber Auxiliaries, Polymer Inhibitor, Photo (Developer) and Dyes and Pigments), and region (APAC, Americas, Europe, and Middle East & Africa).
Segmentation by type
Industrial Grade Hydroquinone
High Purity Hydroquinone
Segmentation by application
Rubber Auxiliaries
Polymer Inhibitor
Photo (Developer)
Dyes and Pigments
Medicine
Others
Segmentation by region
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Major companies covered
Solvay
Eastman
Mitsui Chemicals
UBE
Camlin Fine Chemicals
YanCheng FengYang Chemical
Jiangsu Sanjili
Hubei Kaiyuan Chemicals & Technology
Chapter Introduction
Chapter 1: Scope of Hydroquinone, Research Methodology, etc.
Chapter 2: Executive Summary, global Hydroquinone market size (sales and revenue) and CAGR, Hydroquinone market size by region, by type, by application, historical data from 2017 to 2022, and forecast to 2028.
Chapter 3: Hydroquinone sales, revenue, average price, global market share, and industry ranking by company, 2017-2022
Chapter 4: Global Hydroquinone sales and revenue by region and by country. Country specific data and market value analysis for the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America and Middle East & Africa.
Chapter 5, 6, 7, 8: Americas, APAC, Europe, Middle East & Africa, sales segment by country, by type, and type.
Chapter 9: Analysis of the current market trends, market forecast, opportunities and economic trends that are affecting the future marketplace
Chapter 10: Manufacturing cost structure analysis
Chapter 11: Sales channel, distributors, and customers
Chapter 12: Global Hydroquinone market size forecast by region, by country, by type, and application.
Chapter 13: Comprehensive company profiles of the leading players, including Solvay, Eastman, Mitsui Chemicals, UBE, Camlin Fine Chemicals, YanCheng FengYang Chemical, Jiangsu Sanjili and Hubei Kaiyuan Chemicals & Technology, etc.
Chapter 14: Research Findings and Conclusion