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Trimethylhydroquinone Market by Application (Synthesis of Vitamin E, Drug Production, Dyes, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2028

A11841
Pages: 194
Jun 2021 | 436 Views
   
Author(s) : Pratik Mandon, Amit Narune , Eswara Prasad
Tables: 98
Charts: 46
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Trimethylhydroquinone Market Outlook - 2021-2028

The global trimethylhydroquinone market was valued at $944.2 million in 2020, and is projected to reach $1,282.6 million by 2028, growing at a CAGR of 4.0% from 2021 to 2028.

Trimethylhydroquinone (TMHQ) is also known as 2,3,5-trimethylhydroquinone. It can be utilized in the manufacturing of pigments, dyes, antioxidants, and others. However, the important application of TMHQ is as an intermediate in the industrial manufacturing of vitamin E. Vitamin E has significant importance in food manufacturing, cattle breeding, and medicine due to which there is rising interest in the methods for the preparation of 2,3,5-trimethylhydroquinone.

The trend of dietary supplements/nutritional products is expected to stay for long period, owing to increased awareness regarding health and fitness due to COVID-19 outbreak. Which might increase demand for dietary supplements such as Vitamin E and consequently the demand for Trimethylhydroquinone.

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The factor contributing towardthe trimethylhydroquinone market growth is increased demand for health supplement, vitamin E from cosmetic industry, and others. In addition, rise in spending on cosmetics and personal care goods in developed countries drives the trimethylhydroquinone market. However, shifting consumer preference toward natural vitamin E hinders the market growth for trimethylhydroquinone,as it used in the manufacturing of synthetic vitamin E. For instance, some of the research centers in countries, such as Denmark, conducted research on dairy cow. They fed dairy cow with grass comprising natural vitamin E and synthetic vitamin E. The dairy cow fed with grass comprising synthetic vitamin E resulted in less vitamin E content than natural vitamin E. On the contrary, the growing active pharmaceutical industry is expected to offer lucrative opportunities for the key trimethylhydroquinone market industrial participants.

The trimethylhydroquinone market is segmented on the basis ofapplication and region.Depending on application, the market is segregated intosynthesis of vitamin E, drug production, dyes, and others. Region-wise, the trimethylhydroquinone market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The trimethylhydroquinone market share is also analyzed across applications.

The trimethylhydroquinone market analysis covers in-depth information of the major industry participants. Some of the major players in the trimethylhydroquinone market include Connect Chemicals Group (CCG), Glentham Life Sciences Limited (Glentham), Haihang Industry (Haihang), Santa Cruz Biotechnology, Inc. (SCBI), Shanghai Sunwise Chemical Co, Ltd. (Sunwise Chemical), SIELC Technologies (SIELC), Thermo Fisher Scientific (TMO), Tokyo Chemical Industry (TCI), Toronto Research Chemicals, and Merck KGaA.

Trimethylhydroquinone Market
By Application

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Synthesis of Vitamin E is projected as the most lucrative segment.

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By application, the synthesis of vitamin E segment garnered highest market share in 2020 in terms of volume. It has garnered 66.4% in 2020, in terms of volume. Vitamin E is an important product that is widely used in food, medicine, cosmetics, and cattle breeding applications. It has anti-oxidant and anti-aging properties that propel its use in cosmetics. Moreover, vitamin E also prevents cardiovascular disease and cancer, which also leads to its increased demand. Thus, industrial synthesis of vitamin E is in high demand, which acts as a demand driver for trimethylhydroquinone, thereby significantly contributing to the trimethylhydroquinone market growth.          

Trimethylhydroquinone Market
By Region

2028
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific holds a dominant position in 2020 and would continue to maintain the lead over the forecast period.

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Region-wise, Asia-Pacific is expected to grow at a CAGR of 38.7%, in terms of volume, during the forecast period. This is attributed to the presence of emerging economies such as India, China, Japan, and South Korea. These emerging economies have rapidly growing consumer base such asconstruction, personal care, pharmaceutical, and others. China is one of the major contributors to the trimethylhydroquinone market, owing tohuge consumer base and presence of key players in the trimethylhydroquinone market. Asia-Pacific is the third largest pharmaceutical market in the world after North America and Europe. The increasing scarcity of medications in various nations drives the expansion of the pharmaceutical market in Asia-Pacific.

Key benefits for stakeholders

  • The report outlines the current trends and future scenario of the market from 2021 to 2028 to understand the prevailing opportunities and potential investment pockets.
  • The trimethylhydroquinone market size is provided in terms of volume and revenue.
  • The report provides an in-depth analysis of the market along with the current and future trimethylhydroquinone market trends.
  • This report highlights the key drivers, opportunities, and restraints of the market along with impact analysis during the forecast period.
  • The report also covers the impact of governmental regulations on the trimethylhydroquinone market.
  • Porter’s five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industryfor strategy building.
  • The study provides a comprehensive analysis of the factors that drive and restrain the trimethylhydroquinone market growth.

Impact of COVID-19 on the trimethylhydroquinone market

  • The outbreak of the COVID-19 pandemic led to partial or complete shutdown of production facilities, which do not come under essential goods, owing to prolonged lockdown in major countries such as the U.S., China, Japan, India, and Germany. It has led to either closure or suspension of their production activities in most of the industrial units across the world.
  • The COVID-19 outbreak has affected the demand as well as manufacturing of trimethylhydroquinone.
  • The manufacturing activities of industries, such as construction, weredisrupted, owing to the spread of COVID-19 in many countries across the globe, which resulted in decrease in demand for trimethylhydroquinone.
  • The global health crisis affected the chemical industry supply chain to a major extent, which led to a major impact on raw material procurement.
  • The increased awareness regarding health and fitness resulted in increased demand for dietary supplements, which has consequently increased the demand for trimethylhydroquinone, as it is used in the manufacturing of vitamin E.
  • The cosmetics industry has witnessed decrease in product demand in the first quarter of 2020, owing to COVID-19 outbreak. In addition, store closures have also affected the demand for cosmetics products. This has consequently decreased the demand for cosmetics raw materials such as trimethylhydroquinone. On the contrary, some of the positive effects of the pandemic on cosmetic products are increase in online sales, owing to closure of saloons and beauty parlors.

Key Market Segments

By Application

  • Synthesis of Vitamin E
  • Drug Production
  • Dyes
  • Others

By Region

  • North America 
    • U.S. 
    • Canada 
    • Mexico
  • Europe 
    • Germany
    • France
    • UK
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific 
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • UAE
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA
 

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology

1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. Key findings of the study
2.2. Key findings

2.2.1. Top investment pockets

2.3. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key forces shaping the trimethylhydroquinone market

3.2.1. Bargaining power of the suppliers
3.2.2. Bargaining power of the buyers
3.2.3. Threat of new entrants
3.2.4. Threat of substitutes
3.2.5. Competitive rivalry

3.3. Market dynamics

3.3.1. Drivers

3.3.1.1. Increased demand for health supplements
3.3.1.2. Increased demand for vitamin E from cosmetic industry

3.3.2. Restraint

3.3.2.1. Shifting consumer choice to natural vitamin E

3.3.3. Opportunity

3.3.3.1. Growing active pharmaceutical ingredient (API) industry

3.4. Pricing analysis
3.5. Value chain
3.6. Impact of key regulation
3.7. Impact of COVID-19 outbreak on the trimethylhydroquinone market
3.8. Demand and supply analysis
3.9. SWOT analysis

CHAPTER 4: TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION

4.1. Overview

4.1.1. Market size and forecast

4.2. Synthesis of vitamin E

4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis, by country

4.3. Drug production

4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis, by country

4.4. Dyes

4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market analysis, by country

4.5. Others

4.5.1. Key market trends, growth factors, and opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market analysis, by country

CHAPTER 5: TRIMETHYLHYDROQUINONE MARKET, BY REGION

5.1. Overview

5.1.1. Market size and forecast

5.2. North America

5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast, by application
5.2.3. Market size and forecast, by country

5.2.3.1. U.S.

5.2.3.1.1. Market size and forecast, by application

5.2.3.2. Canada

5.2.3.2.1. Market size and forecast, by application

5.2.3.3. Mexico

5.2.3.3.1. Market size and forecast, by application

5.3. Europe

5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast, by application
5.3.3. Market size and forecast, by country

5.3.3.1. Germany

5.3.3.1.1. Market size and forecast, by application

5.3.3.2. France

5.3.3.2.1. Market size and forecast, by application

5.3.3.3. UK

5.3.3.3.1. Market size and forecast, by application

5.3.3.4. Spain

5.3.3.4.1. Market size and forecast, by application

5.3.3.5. Italy

5.3.3.5.1. Market size and forecast, by application

5.3.3.6. Rest of Europe

5.3.3.6.1. Market size and forecast, by application

5.4. Asia-Pacific

5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast, by application
5.4.3. Market size and forecast, by country

5.4.3.1. China

5.4.3.1.1. Market size and forecast, by application

5.4.3.2. Japan

5.4.3.2.1. Market size and forecast, by application
5.4.3.2.2. Market size and forecast, by application

5.4.3.3. Australia

5.4.3.3.1. Market size and forecast, by application

5.4.3.4. South Korea

5.4.3.4.1. Market size and forecast, by application

5.4.3.5. Rest of Asia-Pacific

5.4.3.5.1. Market size and forecast, by application

5.5. LAMEA

5.5.1. Key market trends, growth factors, and opportunities
5.5.2. Market size and forecast, by application
5.5.3. Market size and forecast, by country

5.5.3.1. Brazil

5.5.3.1.1. Market size and forecast, by application

5.5.3.2. UAE

5.5.3.2.1. Market size and forecast, by application

5.5.3.3. Saudi Arabia

5.5.3.3.1. Market size and forecast, by application

5.5.3.4. South Africa

5.5.3.4.1. Market size and forecast, by application

5.5.3.5. Rest of LAMEA

5.5.3.5.1. Market size and forecast, by application

CHAPTER 6: COMPETITIVE LANDSCAPE

6.1. Introduction

6.1.1. Market player positioning, 2020

6.2. Competitive heatmap

CHAPTER 7: COMPANY PROFILES

7.1. CONNECT CHEMICALS GROUP

7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Operating business segments
7.1.4. Product portfolio

7.2. GLENTHAM LIFE SCIENCES LIMITED

7.2.1. Company overview
7.2.2. Company snapshot
7.2.3. Product portfolio

7.3. HAIHANG INDUSTRY

7.3.1. Company overview
7.3.2. Company snapshot
7.3.3. Product portfolio

7.4. MERCK KGAA

7.4.1. Company overview
7.4.2. Company snapshot
7.4.3. Operating business segments
7.4.4. Product portfolio
7.4.5. Business performance

7.5. SANTA CRUZ BIOTECHNOLOGY, INC.

7.5.1. Company overview
7.5.2. Company snapshot
7.5.3. Operating business segments
7.5.4. Product portfolio

7.6. SHANGHAI SUNWISE CHEMICAL CO, LTD.

7.6.1. Company overview
7.6.2. Company snapshot
7.6.3. Product portfolio

7.7. SIELC TECHNOLOGIES

7.7.1. Company overview
7.7.2. Company snapshot
7.7.3. Product portfolio

7.8. THERMO FISHER SCIENTIFIC

7.8.1. Company overview
7.8.2. Company snapshot
7.8.3. Operating business segments
7.8.4. Product portfolio
7.8.5. Business performance

7.9. TOKYO CHEMICAL INDUSTRY

7.9.1. Company overview
7.9.2. Company snapshot
7.9.3. Operating business segments
7.9.4. Product portfolio

7.10. TORONTO RESEARCH CHEMICALS

7.10.1. Company overview
7.10.2. Company snapshot
7.10.3. Product portfolio

LIST OF TABLES

TABLE 01. TRIMETHYLHYDROQUINONE MARKET: LIST OF SUPPLIERS
TABLE 02. TRIMETHYLHYDROQUINONE MARKET: LIST OF CONSUMERS
TABLE 03. TRIMETHYLHYDROQUINONE MARKET: SWOT ANALYSIS
TABLE 04. TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 (KILOTON)
TABLE 05. TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020–2028 ($MILLION)
TABLE 06. TRIMETHYLHYDROQUINONE MARKET, FOR SYNTHESIS OF VITAMIN E, BY REGION, 2020-2028 (KILOTON)
TABLE 07. TRIMETHYLHYDROQUINONE MARKET, FOR SYNTHESIS OF VITAMIN E, BY REGION, 2020-2028 ($MILLION)
TABLE 08. TRIMETHYLHYDROQUINONE MARKET, FOR DRUG PRODUCTION, BY REGION, 2020-2028 (KILOTON)
TABLE 09. TRIMETHYLHYDROQUINONE MARKET, FOR DRUG PRODUCTION, BY REGION, 2020-2028 ($MILLION)
TABLE 10. TRIMETHYLHYDROQUINONE MARKET, FOR DYES, BY REGION, 2020-2028 (KILOTON)
TABLE 11. TRIMETHYLHYDROQUINONE MARKET, FOR DYES, BY REGION, 2020-2028 ($MILLION)
TABLE 12. TRIMETHYLHYDROQUINONE MARKET, FOR OTHERS, BY REGION, 2020-2028 (KILOTON)
TABLE 13. TRIMETHYLHYDROQUINONE MARKET, FOR OTHERS, BY REGION, 2020-2028 ($MILLION)
TABLE 14. TRIMETHYLHYDROQUINONE MARKET, BY REGION, 2020-2028 (KILOTON)
TABLE 15. TRIMETHYLHYDROQUINONE MARKET, BY REGION, 2020-2028 ($MILLION)
TABLE 16. NORTH AMERICA TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 (KILOTON)
TABLE 17. NORTH AMERICA TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 ($MILLION)
TABLE 18. NORTH AMERICA TRIMETHYLHYDROQUINONE MARKET, BY COUNTRY, 2020-2028(KILOTON)
TABLE 19. NORTH AMERICA TRIMETHYLHYDROQUINONE MARKET, BY COUNTRY, 2020-2028 ($MILLION)
TABLE 20. U.S. TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 (KILOTON)
TABLE 21. U.S. TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 ($MILLION)
TABLE 22. CANADA TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 (KILOTON)
TABLE 23. CANADA TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 ($MILLION)
TABLE 24. MEXICO TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 (KILOTON)
TABLE 25. MEXICO TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 ($MILLION)
TABLE 26. EUROPE TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 (KILOTON)
TABLE 27. EUROPE TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 ($MILLION)
TABLE 28. EUROPE TRIMETHYLHYDROQUINONE MARKET, BY COUNTRY, 2020-2028(KILOTON)
TABLE 29. EUROPE TRIMETHYLHYDROQUINONE MARKET, BY COUNTRY, 2020-2028 ($MILLION)
TABLE 30. GERMANY TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 (KILOTON)
TABLE 31. GERMANY TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 ($MILLION)
TABLE 32. FRANCE TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 (KILOTON)
TABLE 33. FRANCE TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 ($MILLION)
TABLE 34. UK TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 (KILOTON)
TABLE 35. UK TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 ($MILLION)
TABLE 36. SPAIN TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 (KILOTON)
TABLE 37. SPAIN TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 ($MILLION)
TABLE 38. ITALY TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 (KILOTON)
TABLE 39. ITALY TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 ($MILLION)
TABLE 40. REST OF EUROPE TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 (KILOTON)
TABLE 41. REST OF EUROPE TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 ($MILLION)
TABLE 42. ASIA-PACIFIC TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 (KILOTON)
TABLE 43. ASIA-PACIFIC TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 ($MILLION)
TABLE 44. ASIA-PACIFIC TRIMETHYLHYDROQUINONE MARKET, BY COUNTRY, 2020-2028(KILOTON)
TABLE 45. ASIA-PACIFIC TRIMETHYLHYDROQUINONE MARKET, BY COUNTRY, 2020-2028 ($MILLION)
TABLE 46. CHINA TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 (KILOTON)
TABLE 47. CHINA TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 ($MILLION)
TABLE 48. JAPAN TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 (KILOTON)
TABLE 49. JAPAN TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 ($MILLION)
TABLE 50. INDIA TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 (KILOTON)
TABLE 51. INDIA TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 ($MILLION)
TABLE 52. AUSTRALIA TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 (KILOTON)
TABLE 53. AUSTRALIA TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 ($MILLION)
TABLE 54. SOUTH KOREA TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 (KILOTON)
TABLE 55. SOUTH KOREA TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 ($MILLION)
TABLE 56. REST OF ASIA-PACIFIC TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 (KILOTON)
TABLE 57. REST OF ASIA-PACIFIC TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 ($MILLION)
TABLE 58. LAMEA TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 (KILOTON)
TABLE 59. LAMEA TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 ($MILLION)
TABLE 60. LAMEA TRIMETHYLHYDROQUINONE MARKET, BY COUNTRY, 2020-2028(KILOTON)
TABLE 61. LAMEA TRIMETHYLHYDROQUINONE MARKET, BY COUNTRY, 2020-2028 ($MILLION)
TABLE 62. BRAZIL TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 (KILOTON)
TABLE 63. BRAZIL TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 ($MILLION)
TABLE 64. UAE TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 (KILOTON)
TABLE 65. UAE TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 ($MILLION)
TABLE 66. SAUDI ARABIA TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 (KILOTON)
TABLE 67. SAUDI ARABIA TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 ($MILLION)
TABLE 68. SOUTH AFRICA TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 (KILOTON)
TABLE 69. SOUTH AFRICA TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 ($MILLION)
TABLE 70. REST OF LAMEA TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 (KILOTON)
TABLE 71. REST OF LAMEA TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020-2028 ($MILLION)
TABLE 72. CCG : COMPANY SNAPSHOT
TABLE 73. CCG: OPERATING SEGMENTS
TABLE 74. CCG: PRODUCT PORTFOLIO
TABLE 75. GLENTHAM: COMPANY SNAPSHOT
TABLE 76. GLENTHAM: PRODUCT PORTFOLIO
TABLE 77. HAIHANG: COMPANY SNAPSHOT
TABLE 78. HAIHANG: PRODUCT PORTFOLIO
TABLE 79. MERCK: COMPANY SNAPSHOT
TABLE 80. MERCK: OPERATING SEGMENTS
TABLE 81. MERCK: PRODUCT PORTFOLIO
TABLE 82. OVERALL FINANCIAL STATUS ($MILLION)
TABLE 83. SCBT: COMPANY SNAPSHOT
TABLE 84. SCBT: OPERATING SEGMENTS
TABLE 85. SCBT: PRODUCT PORTFOLIO
TABLE 86. SUNWISE CHEMICAL: COMPANY SNAPSHOT
TABLE 87. SUNWISE CHEMICAL: PRODUCT PORTFOLIO
TABLE 88. SIELC: COMPANY SNAPSHOT
TABLE 89. SIELC: PRODUCT PORTFOLIO
TABLE 90. TMO: COMPANY SNAPSHOT
TABLE 91. TMO: OPERATING SEGMENTS
TABLE 92. TMO: PRODUCT PORTFOLIO
TABLE 93. OVERALL FINANCIAL STATUS ($MILLION)
TABLE 94. TCI : COMPANY SNAPSHOT
TABLE 95. TCI : OPERATING SEGMENTS
TABLE 96. TCI : PRODUCT PORTFOLIO
TABLE 97. TRC : COMPANY SNAPSHOT
TABLE 98. TRC: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01. KEY MARKET SEGMENTS
FIGURE 02. TRIMETHYLHYDROQUINONE MARKET SNAPSHOT, BY SEGMENTATION, 2021–2028
FIGURE 03. TRIMETHYLHYDROQUINONE MARKET SNAPSHOT, BY REGION, 2021–2028
FIGURE 04. TOP INVESTMENT POCKETS, BY COUNTRY
FIGURE 05. HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 06. MODERATE BARGAINING POWER OF BUYERS
FIGURE 07. LOW THREAT OF NEW ENTRANTS
FIGURE 08. HIGH THREAT OF SUBSTITUTES
FIGURE 09. MODERATE INTENSITY OF RIVALRY
FIGURE 10. TRIMETHYLHYDROQUINONE MARKET DYNAMICS
FIGURE 11. PRICING ANALYSIS, BY REGION, HISTORIC (2018-2020)
FIGURE 12. PRICING ANALYSIS, BY REGION, FORECAST (2021-2028)
FIGURE 13. TRIMETHYLHYDROQUINONE MARKET: VALUE CHAIN
FIGURE 14. TRIMETHYLHYDROQUINONE MARKET, BY APPLICATION, 2020–2028 ($MILLION)
FIGURE 15. COMPARATIVE ANALYSIS OF TRIMETHYLHYDROQUINONE MARKET, FOR SYNTHESIS OF VITAMIN E, BY COUNTRY, 2020 & 2028 ($MILLION)
FIGURE 16. COMPARATIVE ANALYSIS OF TRIMETHYLHYDROQUINONE MARKET, FOR DRUG PRODUCTION, BY COUNTRY, 2020 & 2028 ($MILLION)
FIGURE 17. COMPARATIVE ANALYSIS OF TRIMETHYLHYDROQUINONE MARKET, FOR DYES, BY COUNTRY, 2020 & 2028 ($MILLION)
FIGURE 18. COMPARATIVE ANALYSIS OF TRIMETHYLHYDROQUINONE MARKET, FOR OTHERS, BY COUNTRY, 2020 & 2028 ($MILLION)
FIGURE 19. U.S. TRIMETHYLHYDROQUINONE MARKET REVENUE, 2020-2028 ($MILLION)
FIGURE 20. CANADA TRIMETHYLHYDROQUINONE MARKET REVENUE, 2020-2028 ($MILLION)
FIGURE 21. MEXICO TRIMETHYLHYDROQUINONE MARKET REVENUE, 2020-2028 ($MILLION)
FIGURE 22. GERMANY TRIMETHYLHYDROQUINONE MARKET REVENUE, 2020-2028 ($MILLION)
FIGURE 23. FRANCE TRIMETHYLHYDROQUINONE MARKET REVENUE, 2020-2028 ($MILLION)
FIGURE 24. UK TRIMETHYLHYDROQUINONE MARKET REVENUE, 2020-2028 ($MILLION)
FIGURE 25. SPAIN TRIMETHYLHYDROQUINONE MARKET REVENUE, 2020-2028 ($MILLION)
FIGURE 26. ITALY TRIMETHYLHYDROQUINONE MARKET REVENUE, 2020-2028 ($MILLION)
FIGURE 27. REST OF EUROPE TRIMETHYLHYDROQUINONE MARKET REVENUE, 2020-2028 ($MILLION)
FIGURE 28. CHINA TRIMETHYLHYDROQUINONE MARKET REVENUE, 2020-2028 ($MILLION)
FIGURE 29. JAPAN TRIMETHYLHYDROQUINONE MARKET REVENUE, 2020-2028 ($MILLION)
FIGURE 30. INDIA TRIMETHYLHYDROQUINONE MARKET REVENUE, 2020-2028 ($MILLION)
FIGURE 31. AUSTRALIA TRIMETHYLHYDROQUINONE MARKET REVENUE, 2020-2028 ($MILLION)
FIGURE 32. SOUTH KOREA TRIMETHYLHYDROQUINONE MARKET REVENUE, 2020-2028 ($MILLION)
FIGURE 33. REST OF ASIA-PACIFIC TRIMETHYLHYDROQUINONE MARKET REVENUE, 2020-2028 ($MILLION)
FIGURE 34. BRAZIL TRIMETHYLHYDROQUINONE MARKET REVENUE, 2020-2028 ($MILLION)
FIGURE 35. UAE TRIMETHYLHYDROQUINONE MARKET REVENUE, 2020-2028 ($MILLION)
FIGURE 36. SAUDI ARABIA TRIMETHYLHYDROQUINONE MARKET REVENUE, 2020-2028 ($MILLION)
FIGURE 37. SOUTH AFRICA TRIMETHYLHYDROQUINONE MARKET REVENUE, 2020-2028 ($MILLION)
FIGURE 38. REST OF LAMEA TRIMETHYLHYDROQUINONE MARKET REVENUE, 2020-2028 ($MILLION)
FIGURE 39. MARKET PLAYER POSITIONING, 2020
FIGURE 40. COMPETITIVE HEATMAP
FIGURE 41. MERCK: REVENUE, 2018–2020 ($MILLION)
FIGURE 42. MERCK: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 43. MERCK: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 44. TMO: REVENUE, 2018–2020 ($MILLION)
FIGURE 45. TMO: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 46. TMO: REVENUE SHARE BY REGION, 2020 (%)

 
 

According to the CXOs of leading companies, the trimethylhydroquinone market is facing challenges such as stringent regulation for application of trimethylhydroquinone in skin care related application. Trimethylhydroquinone witnessed decrease in demand from synthetic vitamin E manufacturers, owing to increase in demand for natural vitamin E. On the contrary, supply and demand imbalance for natural vitamin E is expected to create opportunities for synthetic vitamin E. This is correspondingly expected to increase the demand for trimethylhydroquinone.

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A. Increased demand for dietary supplements has boosted the demand for vitamin E which consequently surged the demand for trimethylhydroquinone

A. The trimethylhydroquinone market was valued at $944.2 million in 2020, and is projected to reach $1,282.6 million by 2028, growing at a CAGR of 4.0% from 2021 to 2028.

A. Santa Cruz Biotechnology, Inc., Thermo Fisher Scientific, Connect Chemicals Group, Tokyo Chemical Industry, Toronto Research Chemicals, and Merck KGaA (Sigma-Aldrich) are some of the established players of the global trimethylhydroquinone market.

A. Pharmaceutical industry is expected to increased demand for trimethylhydroquinone and drive the trimethylhydroquinone market.

A. By application and by region segments are covered in trimethylhydroquinone market report.

A. The increase in demand for nutritional products is one of the main drivers of trimethylhydroquinone Market

A. Synthesis of Vitamin E application is expected to drive the adoption of trimethylhydroquinone

A. The outbreak of COVID-19 has shifted consumer spending toward dietary supplements, food, and beverages. As a result, consumer spending toward cosmetics has decreased significantly. This has increased demand for Vitamin E and consequently surged demand for trimethylhydroquinone.

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