There are few hydroquinone production companies and good future development prospects.

Hydroquinone, also known as hydroquinone, 1,4-diphenol, and 1,4-dihydroxybenzene, appears as white crystals, easily soluble in hot water, soluble in cold water, ethanol and ether, and slightly soluble in benzene. It will easily release toxic gases when decomposed by high heat, and chemical reactions may occur when in contact with strong oxidants. Hydroquinone is mainly used to prepare anthraquinone dyes, azo dyes, stabilizers, black and white developers for cameras, antioxidants for coatings, polymerization inhibitors for rubber monomers, etc.

At present, the main application fields of hydroquinone in my country are dyes, pesticides, photosensitive materials, etc., among which pesticides are the largest application field, followed by dyes and rubber additives, with a relatively high demand. According to the “China Hydroquinone Industry Market In-depth Research and Development Prospects Report 2023-2028” released by the Industrial Research Center, With the development of downstream fields, China’s overall demand for hydroquinone has shown an increasing trend year by year. In 2022, China’s demand for hydroquinone will be 43,600 tons.

Hydroquinone is a hazardous chemical, which requires companies to have high safety production qualifications. At the same time, the production process of hydroquinone can cause environmental pollution, and the industry’s environmental barriers are high. In addition, the limited market demand scale is not conducive to stimulating investment from related companies. The enthusiasm for technology research and development and production capacity construction has resulted in fewer companies that can master the production process and have large-scale production.

In foreign markets, hydroquinone production companies are mainly distributed in the United States, Europe, Japan and other countries and regions. Among them, the more representative companies include Eastman of the United States, Solvay of Belgium, Mitsui Chemicals of Japan, and Ube Industries, etc. . In the Chinese market, the main hydroquinone manufacturers include Jiangsu Sanjili Chemical Co., Ltd., Solvay (Zhenjiang) Chemicals Co., Ltd., Brother Technology Co., Ltd., Wudi Shuntong Chemical Co., Ltd., and Yancheng Fengyang Chemical Co., Ltd. Company, Wudi Yineng Chemical Co., Ltd., etc., the market concentration is high. In addition to the above-mentioned enterprises, there are also small companies in the hydroquinone industry such as Wuxi Wanlihe Chemical Technology Co., Ltd. and Weifang Tongrun Chemical Co., Ltd., with small production scale and weak competitiveness.

In addition to being used in dyes, pesticides, photosensitive materials and other fields, hydroquinone is also used as a base material for polyetheretherketone (PEEK), liquid crystal polymer (LCP) and other high-performance engineering thermoplastics. In addition, it can also be used as an environmental Oxygen and polyester coatings, raw materials for polyurethane adhesives, and stabilizing inhibitors during monomer production, storage and transportation. The extended downstream products have formed a high-tech, high value-added product chain.

As a major chemical and manufacturing country, China has a relatively complete industrial chain in the fields of dyes, pesticides, photosensitive materials, pesticides and various high-performance engineering thermoplastics, and has large production scales in many fields. In addition, the country is actively promoting the upgrading of the industrial structure, high-end The market for fine chemical raw materials continues to develop, providing a market foundation for the expansion of the hydroquinone industry. Overall, the development prospects of the hydroquinone industry are good.