In the fields of polymers, cosmetics, paints and adhesives, rubber, and as an antioxidant, intermediate, polymerization inhibitor, and photosensitive chemical, hydroquinone finds use. Superabsorbent polymers and cross-linked particulate gel-type polymers are both produced continuously using hydroquinone. Thus, during the course of the forecast period, the worldwide hydroquinone market is anticipated to develop as a result of rising demand for hydroquinone from the polymers industry. Additionally, 1,4-dihydroxybenzene, often known as hydroquinone, is a harmless substance that can be found in a number of cosmetic goods, including skin lighteners, facial and skin cleansers, facial moisturisers, hair conditioners, and fingernail coating treatments. The demand for hydroquinone from the cosmetics industry is then anticipated to increase as a result. Due to rising cosmetics demand and consumption in countries like China, South Korea, Japan, and India, the Asia Pacific region is anticipated to have a leading position in the market.
According to Coherent Market Insights, over the projected period (2019–2027), the size of the worldwide Hydroquinone market is anticipated to grow potentially in the future and achieve a high CAGR of 4.10%.
Leading Companies in the Hydroquinone Industry:
1. Rhodia
The company was founded in 1998 and has its main office in La Défense, France. The Rhodia Group creates and produces chemical goods. The business provides chemical solutions for use in a variety of industries, including automotive, electronics, flavours, perfumes, consumer goods, personal care, and industrial.
2. Harrison Specialty,
The business was started in 1979 and has its headquarters in Canton, Massachusetts, United States. The company's line of work includes the production of cosmetics, toiletries, and fragrances. Harrison Specialties offers vacuum chucks, accessories, cutters, screws, simple hollowing systems, basic starting tools, separate parting tools, interchangeable handles and turning acrylic and wood using epoxy resin.
3. International Shield, Inc.
The business was founded in 1995 and is based in United States. The company's line of work includes the production of cosmetics, toiletries, and fragrances. For law enforcement, governmental organisations, and corporate clients, the organisation provides a range of consultancy services and instructional seminars connected to cyber and physical security.
*Definition: An aromatic chemical substance created as an inhibitor, an antioxidant, and an intermediary in the manufacture of colours, motor fuels, and oils is hydroquinone, also known as quinol. This phenol is used to brighten dark skin spots and has antioxidant effects
