Global Anthraquinone Market, By Type (9,10-Anthraquinone, 1,2-Anthraquinone, 1,4- Anthraquinone, and

Published Date: | Report Code : CH1930521

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The Anthraquinone Market is expected to promise high growth owing to increasing demand in the Asian market in recent years. Increasing demand from applications including dye manufacturing, paper manufacturing, wood pulp manufacturing, hydrogen peroxide manufacturing, bird repellents, and gas generators is expected to drive the growth of the market.

Anthraquinone is an aromatic hydrocarbon synthesized by the reaction between anthracene and phthalic anhydride. It is used as a bird repellent and for the manufacturing of dyes, paper, and hydrogen peroxide.

Segment Analysis: 

In countries such as New Zealand and Australia, anthraquinone is mixed with lanolin and sprayed on guard fences of sheep to stop kite, kale, and bed bug infestation. Anthraquinone is used in diabetes medicines since it has no side effects and is eco-friendly. It is a revolutionary substitute for traditional diabetes medicines and hence, finds vast use in the healthcare industry. It is used to treat malignant growth of tissues along the stomach lining, gallbladder, and GI tract.

The anthraquinone market is predominant in the Western European region. However, approximately 75% of the worldwide anthraquinone production is concentrated in the US. The anthraquinone market in the Asia Pacific registered the highest growth in 2017. With advancements in medicine in Asian economies, the growth of the anthraquinone market is expected. 

Moreover, approximately, 35%-38% of the anthraquinone produced globally is utilized in dye and paper manufacturing industries.

Key Factors Impacting Market Growth:

  • Eco-friendly substitute
  • Increasing demand in the Asian market

Regional Analysis:

On the basis of the region, the anthraquinone market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World. North America and Western Europe are some of the major markets that are also traditional suppliers of chemicals such as specialty chemicals, bulk chemicals, and so on. Major companies in this market are headquartered in North America and Western Europe.  This region has been witnessing a number of transitions in terms of productions of chemicals and respective applications by end-use industries. The preference towards bio-based feedstock has been instrumental in the development of the green alternatives in these regions. Moreover, regulatory authorities have imposed strict guidelines with regard to environmental concerns and potential health hazards due to exposures. This has been more instrumental in the Western Europe region competitively. Some of the major economies in these regions include the US, Germany, UK, France, Canada, Italy, Spain, and so on.

The Asia Pacific and the Middle East are expected to register substantial growth in the anthraquinone market during the forecast period. This demand is with regard to the growth of major end-use industries/Applications such as dye manufacturing, paper manufacturing, wood pulp manufacturing, hydrogen peroxide manufacturing, bird repellents, and gas generators. Major countries in the Asia Pacific region include China, South Korea, Japan, India, Australia, and so on. Middle East includes the UAE, Saudi Arabia, Iran, Israel, Egypt, and so on. Eastern Europe has been largely dominated by Russia and Turkey with operations of major chemical giants in the region.  Rest the World that includes South America and Africa has a strong potential for the anthraquinone market. There has been an increasing number of investments by global companies in these regions to strengthen their presence and tap the potential market. Major economies in these regions for the anthraquinone market include Brazil, South Africa, Nigeria, Argentina, Colombia, and others.

Companies Covered: Abbott Laboratories, Alimentary Health Limited, Edusa Pharmaceuticals, Ironwood Pharmaceuticals, Inc., Lexicon Pharmaceuticals, Pharmos Corporation, Salix Pharmaceuticals, Inc., Sucampo Pharmaceuticals, Inc., and Tioga Pharmaceuticals 

Market Segmentation:

By Type:

  • 9,10-anthraquinone
  • 1,2-anthraquinone
  • 1,4-anthraquinone
  • Others

By Application:

  • Dye Manufacturing
  • Paper Manufacturing
  • Wood Pulp Manufacturing
  • Hydrogen Peroxide Manufacturing
  • Bird Repellents
  • Gas Generators

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Type
    • By Application
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Type
    • By Application
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Type
    • By Application
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Type
    • By Application
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Type
    • By Application
  • Rest of the World
    • By Region (South America, Africa)
    • By Type
    • By Application

Reasons to Buy This Report:

  • Market size estimation of the global anthraquinone market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

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