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Mono Methyl Ether of Hydroquinone (MEHQ) Market

Mono Methyl Ether of Hydroquinone (MEHQ) Market

Mono Methyl Ether of Hydroquinone (MEHQ) Market Forecast, Trend Analysis & Competition Tracking - Global Review 2021 to 2031

Mono Methyl Ether of Hydroquinone (MEHQ) Market
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Mono Methyl Ether of Hydroquinone (MEHQ) Market: Overview

The utilisation of MEHQ in dermatology can be the leading driver for its significant growth in the market. MEHQ is usually added as an inhibitor to acyronitrile in the monomer and need to be regulated to avoid spontaneous polymerisation. As MeHQ has a distinct UV absorbance curve allowing the OMA system to easily monitor its real time concentration, its demand is expected to boost. Its demand in textile industry, cosmetic, for skin pigmentation, etc., as the demand for polymer grows, changing fashion and lifestyle and demand for leather is also the reason for driving the market growth. Focus on inventions, growth by manufacturers and investment in research and development sector is paving the way for significant growth of MEHQ. For instance,

The experiment for development of new type of fluorescent dye based 2-Phenylsulfanylhhydroquinone dimer eye was performed this year and the article published by ACS OMEGA. The chemical consists of biaryl structure which is prepared via oxidative dimerization of hydroquinone dimethylether. This dye showed a strong fluorescence at 403 nm under UV light irradiation of 320nm and also, the quantum yield reached up to 0.3. The results showed the four phenolic hydroxyl groups of the 2-phenylsufnylhydrouinone dimer were envisaged as reactive for achieving the desired modifications and the introduction of a tether unit to attach a bioactive molecule and the improvement of water solubility.

Solvay in March 2019 raised their capacity of hydroquinone by 20% for increasing the security of supply on three continents and for meeting the increasing demand for diphenol inhibitors which are utilised by monomer industry. Hydroquinone is essential for processing safety, transport and storage for monomer inhibition and also as a monomer itself in Polymer and Coatings application.

Introduction

Mono methyl ether of hydroquinone (MEHQ) is an organic compound and synthetic derivative of hydroquinone. Mono methyl ether of hydroquinone (MEHQ) is also known by names such as mequinole, 4-hydroxy anisole, para-guaiacol, etc. MEHQ is commercially manufactured by the hydroxylation of anisole or by free radical reaction between p-benzoquinone and methanol. MEHQ is widely used in dermatology. MEHQ is the main ingredient in topical drugs which are used for skin depigmentation.

The drug is commonly formulated by the addition of an ethanolic solution of 2% MEHQ and 0.01% of tretinoin by mass. The drug is generally prescribed by dermatologists for the treatment of solar liver spots, age spots, or solar lentigines. Low dosage of MEHQ can be used in combination with Q- switched laser to de-pigment the skin of patients having disseminated idiopathic vitiligo. MEHQ is also widely used as a polymerization inhibitor in the manufacturing of various monomers such as acrylics, methacrylics and other acrylates, vinyl acetate monomers, etc., along with unsaturated polyesters.

MEHQ is also used as a stabilizer for cosmetics, liquid detergents, and cellulose materials. Besides these applications, MEHQ is also used in the ink industry as a polymerization inhibitor. MEHQ is the building block for agrochemical and organic chemical manufacturing industries. There are certain regulations on the exposure limit for MEHQ. According to the National Institute for Occupational Safety and Health, the recommended exposure limit for MEHQ is 5mg/m3 for an 8-hour workday.

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Mono Methyl Ether of Hydroquinone Market (MEHQ): Dynamics

Polymers are finding new applications, due to which, their demand is increasing day by day. This increasing demand for polymers is leading to the growth of the MEHQ industry. Growing population and changing fashion trends are boosting the textile and leather industries, owing to which, the MEHQ market is also escalating. MEHQ is mainly used as an intermediate in agrochemicals and organic chemical industries. Increasing consumption of agrochemicals and organic chemicals is boosting the MEHQ market.

MEHQ also finds application in petrochemical industries, and the growth of the petrochemical industries is leading to an increase in the demand for MEHQ in the market. Developments in medical science are generating new applications for MEHQ in the medical field. MEHQ is also used in the pharmaceutical and cosmetic industries, and the increased demand for pharmaceutical and cosmetic products will lead to an increase in the consumption of MEHQ.

Besides these applications, MEHQ is also used as an additive in ink, adhesives, tonners, sealants, liquid detergents, etc. The increasing production of these products will increase the demand for MEHQ. In certain regions, there are regulations being imposed on the exposure limit of MEHQ. Companies are also searching for alternative for MEHQ. These factors can dent the MEHQ market.

Mono Methyl Ether of Hydroquinone Market (MEHQ): Regional Outlook

Pharmaceutical and polymer industries are rapidly growing in regions such Asia Pacific and Latin America. Apart from pharmaceutical and polymer industries, the agrochemical industry is also showing good growth, which makes these prominent markets for mono methyl ether of hydroquinone (MEHQ). The cosmetics and personal care industry has shown good growth in the Middle East.

Petrochemical industries are also growing in this region. The agrochemical industry is growing at a good pace in regions such as Africa. Due to these factors, MEA is expected to be a potential market region for MEHQ. Regions such as North America and Western Europe are matured markets as compared to others, owing to which, these regions can be considered as steady markets for MEHQ.

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Mono Methyl Ether of Hydroquinone Market (MEHQ): Key Participants

Some of the market participants in the global mono methyl ether of hydroquinone (MEHQ) market identified across the value chain include:

  • Solvay
  • Clean Science
  • Alfa Aesar
  • A.B Enterprises
  • TCI Chemicals

The research report presents a comprehensive assessment of the market, and contains thoughtful insights, facts, and historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, application, and end use industry.

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies Involved
  • Technology
  • Value Chain

An Adaptive Approach to Modern-day Research Needs

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Chile, Peru)
  • Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe)
  • CIS and Russia
  • Asia-Pacific (China, India, ASEAN, South Korea)
  • Japan
  • Middle East and Africa (GCC Countries, South Africa,
  • Turkey, Iran, Israel)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

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Mono Methyl Ether of Hydroquinone Market (MEHQ): Segmentation

The global mono methyl ether of hydroquinone (MEHQ) market can be segmented on the basis of end use industry and application.

The global mono methyl ether of hydroquinone (MEHQ) market is segmented on the basis of its end use industry:

  • Agrochemicals
  • Pharmaceuticals & Personal Care
  • Petrochemicals
  • Polymers
  • Leather & Textile
  • Others

The global mono methyl ether of hydroquinone (MEHQ) market is segmented on the basis of its application:

  • Intermediates
  • Stabilizers
  • Additives
  • Polymerization Inhibitors
  • Antioxidants
  • Others

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