Global Hydroquinone Market Growth 2023-2029

Global Hydroquinone Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Hydroquinone Industry Forecast” looks at past sales and reviews total world Hydroquinone sales in 2022, providing a comprehensive analysis by region and market sector of projected Hydroquinone sales for 2023 through 2029. With Hydroquinone sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hydroquinone industry.
This Insight Report provides a comprehensive analysis of the global Hydroquinone landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hydroquinone portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Hydroquinone market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hydroquinone and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hydroquinone.
The global Hydroquinone market size is projected to grow from US$ 518.9 million in 2022 to US$ 566.3 million in 2029; it is expected to grow at a CAGR of 566.3 from 2023 to 2029.
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.
This report presents a comprehensive overview, market shares, and growth opportunities of Hydroquinone market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Industrial Grade Hydroquinone
High Purity Hydroquinone
Segmentation by application
Rubber Auxiliaries
Polymer Inhibitor
Photo (Developer)
Dyes and Pigments
Medicine
Others
This report also splits the market 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
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Solvay
Eastman
Mitsui Chemicals
UBE
Camlin Fine Chemicals
YanCheng FengYang Chemical
Jiangsu Sanjili
Hubei Kaiyuan Chemicals & Technology
Key Questions Addressed in this Report
What is the 10-year outlook for the global Hydroquinone market?
What factors are driving Hydroquinone market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Hydroquinone market opportunities vary by end market size?
How does Hydroquinone break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.