Monday 26 August 2019

Hydroquinone Market Profile | Top Key Players & Segmentation | Forecast To 2028


DUBAI, UAE. 19th February 2018: Hydroquinone Market latest research report by size, share, application, Growth Analysis, geography, Outlook, Segmentation, Production Capacity, Competitive Strategies and Regional Outlook to 2019-2028

Global hydroquinone market is anticipated to witness an exponential growth in the forecast period. Hydroquinone, also termed as “Benzene-1,4-diol or quinol”, is an aromatic organic compound that is a phenol, a derivative of benzene. Hydroquinone has molecular formula as C₆H₄(OH)₂. Hydroquinone exists in numerous forms naturally as well. It exists in the defensive glands of the bombardier beetle, and is one of the chemical components of the natural product propolis and a chemical compound found in castoreum.


The factors that propel the growth of the hydroquinone market include growing populace of infants in developing countries, technological advancement, growing awareness regarding hygiene amongst the population, increase in the global female population, rapid and high growth of verticals such as construction, paint, and the cosmetics.
On the other hand, there are factors that may hamper the growth of the market including EU and EPA putting several limitations against the use of the products that contain more than 4% of hydroquinone, and strict rules and regulations. Hydroquinone market is anticipated to expand at a significant CAGR of 6.7% in the upcoming period as the scope, product types, and its applications are increasing across the globe. Market could be explored by product type, application and geography. Market could be explored by product type as Equipment Sales, and Rental Service,
The key applications that could be explored in the market include Cosmetics & Personal Care, antioxidants, Pharmaceuticals, polymerization, Rubber, Photo (Developer), Automotive, Others. The “Antioxidants” segment led the market in 2017 and will continue to lead in the forecast period. The key factors attributed to the growth of market include the antioxidant activity of hydroquinone. Antioxidants segment is followed by Polymerization.
Key Applications
• Rubber
• Agrochemicals
• Pharmaceuticals & Cosmetics
• Dyes & Pigments
Key Regions
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
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