Title: Global Hydroquinone Market - Forecast 2022-2027
1Global Hydroquinone MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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- Global Hydroquinone Market size is forecast to
reach US589.8 million by 2027, after growing at
a CAGR of 4.6 during 2022-2027. - Hydroquinone is an aromatic organic molecule with
the chemical formula C6H4(OH)2, which is a kind
of phenol and a derivative of benzene.
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- Key Takeaways
- The Asia-Pacific region is expected to grow at a
high CAGR of 5.1 during the forecast period. One
of the key drivers driving the market is rapid
growth in polymer and synthetic rubber
production. - However, the availability of alternative products
is likely to hamper the market growth during the
forecast period.
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Global Hydroquinone Market Segment Analysis
by Application The polymerization
inhibitors segment held the largest share with
43 in the Global Hydroquinone industry in 2021
and is anticipated to grow at a significant CAGR
during the forecast period 2022-2027. Polymerizati
on inhibitor is used to stabilize reactive
monomers such as acrylic acid, methyl
methacrylate and cyanoacrylate which are used
during the manufacturing of the polymers. Growing
plastic production will increase the demand
for polymerization inhibitor, thereby driving the
Global Hydroquinone industry during the forecast
period.
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- Global Hydroquinone Market Industry Outlook
- 1. Solvay2. Eastman3. Mitsui Chemicals4.
UBE5. Camlin6. Goodyear7. Yancheng Fengyang
Chemical Co., Ltd8. Kawaguchi Chemical Industry
Co., LTD9. Megpie Chemicals10. RX Chemicals.
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Global Hydroquinone Market- Forecast(2022 -
2027) Learn More About the Report _at_
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- Data Tables
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Contact (1) 970-236-3677
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