Global Solid Hydroquinone Market Growth 2023-2029

Global Solid Hydroquinone Market Growth 2023-2029

The global Solid Hydroquinone market size is projected to grow from US$ 439.2 million in 2022 to US$ 596.6 million in 2029; it is expected to grow at a CAGR of 4.5% from 2023 to 2029.

United States market for Solid Hydroquinone is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Solid Hydroquinone is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Solid Hydroquinone is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Solid Hydroquinone players cover Solvay, Ube, Eastman, Mitsui, Camlin, Yancheng Fengyang Chemical Co., Ltd., Chongqing Chuanqing Chemical Co., Ltd., Hubei Kaiyuan and Nanjing Mystek, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

Hydroquinone, with the chemical formula C6H4(OH)2, is a compound formed by replacing two para-hydrogens of benzene with hydroxyl groups. Hydroquinone is white needle crystal, flammable, soluble in hot water, ether and ethanol, slightly soluble in benzene. With reductive properties, brown p-benzoquinone can be obtained by mild oxidation, and hydroquinone can be obtained by reduction of p-benzoquinone. The p-benzoquinone-hydroquinone redox couple exists in many biomolecules, such as coenzyme Q and so on. The phenolic hydroxyl hydrogen of hydroquinone has weak acidity, and can lose one or two protons to generate the corresponding phenoxide anion. It is mainly used as reducing agent, developer (reducing silver halide to silver), polymerization inhibitor of monomer (acrylic acid, methyl methacrylate), and skin whitening agent. Hydroquinone ether is a raw material in the production of dyes and fragrances. Hydroquinone is highly toxic, and if an adult takes 1g by mistake, symptoms of poisoning such as headache, dizziness, nausea, and vomiting will appear. It is carcinogenic and mutagenic.

LPI (LP Information)' newest research report, the “Solid Hydroquinone Industry Forecast” looks at past sales and reviews total world Solid Hydroquinone sales in 2022, providing a comprehensive analysis by region and market sector of projected Solid Hydroquinone sales for 2023 through 2029. With Solid Hydroquinone sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Solid Hydroquinone industry.

This Insight Report provides a comprehensive analysis of the global Solid 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 Solid Hydroquinone portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Solid Hydroquinone market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Solid 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 Solid Hydroquinone.

This report presents a comprehensive overview, market shares, and growth opportunities of Solid Hydroquinone market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Industrial Grade
Photographic Grade
Others

Segmentation by application
Intermediate
Antioxidant
Polymerization Inhibitor
Photosensitive Chemical
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
Ube
Eastman
Mitsui
Camlin
Yancheng Fengyang Chemical Co., Ltd.
Chongqing Chuanqing Chemical Co., Ltd.
Hubei Kaiyuan
Nanjing Mystek
Anno Chemical
Shanghai Ball Dragon Chemical

Key Questions Addressed in this Report

What is the 10-year outlook for the global Solid Hydroquinone market?

What factors are driving Solid Hydroquinone market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Solid Hydroquinone market opportunities vary by end market size?

How does Solid 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.