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2-Ethyl Anthraquinone Market: By Type, By Application, By End-User Industry, and Geography
2-Ethyl Anthraquinone Market: By Type, By Application, By End-User Industry, and Geography
2-Ethyl Anthraquinone Market was valued at US$ 5,290.2 million in 2023 and is poised to grow at a CAGR of 5.1% over 2024-2030. 2-Ethyl Anthraquinone is a chemical compound that is yellow, powdery, or flakey and is derived from anthraquinone. It is mainly used in the production of Photoactive chemicals, dyes, light sieve resin, pharmaceuticals, and pesticide intermediates, as well as in the synthetic catalyst for hydrogen peroxide. The rising demand for hydrogen peroxide in industries such as pulp and paper, chemicals, wastewater treatment, and electronics manufacturing drives the 2-Ethyl Anthraquinone market. Furthermore, the demand for 2-Ethyl Anthraquinone may rise as a result of ongoing research and development projects to enhance hydrogen peroxide production and find new uses.
Additionally, the increased adoption of stringent environmental regulations and rising awareness of sustainability have created opportunities for producers to promote the environmental benefits of their products and for consumers to adopt cleaner and more sustainable chemical processes. The increased collaborations, and strategic partnerships between the key market players, along with researchers are in trend in the market. In addition, the pharmaceutical sector has offered the 2-Ethyl Anthraquinone market tremendous chances due to the compound's prospective uses in pharmaceutical production and medication development. New opportunities for market expansion have been created by the use of 2-Ethyl Anthraquinone as a reagent and catalyst in the pharmaceutical process. But the constant fluctuation in cost and availability of raw materials along with the several disruptions in the supply chain may hinder the market growth. However, strong GDP development, rising industrial investments, significant investments in research and development, and rising personal disposable income are anticipated to burgeon the market
Study Period
2024-2030Base Year
2023CAGR
5.1%Largest Market
North AmericaFastest Growing Market
Asia Pacific
The market is expected to rise as the demand for hydrogen peroxide in various industrial and manufacturing value chains is increasing. The rising awareness regarding sanitization, health, and safety and the increased investments by the government in the health sector drive the market. Furthermore, hydrogen peroxide is an oxidizing substance and is used to treat groundwater that has iron, manganese, and the sulfuric smell of rotten eggs. In comparison to chlorine, potassium permanganate, and aeration, it is more potent. Additionally, the chemical industry uses hydrogen peroxide to create inorganic chemicals including sodium/calcium hypochlorite, compounds containing sulphur, and sodium cyanide. Moreover, the rising applications of hydrogen peroxide in various industries such as textiles, paper, and electronics, and electronics are driving the demand for 2-Ethyl Anthraquinone as a catalyst in its production.
The Asia Pacific 2-Ethyl Anthraquinone market is poised to grow at 5.3 % CAGR over the forecast period owing to the increased financial support for the manufacture of 2-ethyl anthraquinone in developing nations including China, India, South Korea, and Japan. The region's market expansion is anticipated to be boosted by rising demand for 2-ethyl anthraquinone. Rapid industrialization and rising end-use industry demand are the main drivers of the expansion. The majority of the major industry players are concentrating on developing nations in the Asia Pacific and expanding their footprint thereby establishing manufacturing plants, distribution centres, and R&D facilities. China is projected to grow at 5.4% CAGR over 2023 – 2029.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 5,290.2 million |
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Market CAGR |
5.1% |
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By Type |
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By Application |
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By End User |
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The 2-ethylanthraquinone market valued at US$ 5,290.2 million in 2022 and is expected to grow at 5.1% CAGR over the forecast period 2023 – 2029.
The development and launch of point-of-care diagnostic instruments and kits is a key opportunity for companies to enhance their revenue. over the forecast years
Increase in the adoption of molecular diagnostic test kits such as PCR kits for accurate results compared with other diagnostic techniques is a major trend in the infectious disease diagnosis market.
Cambridge International Corp., Nanjing Chemlin Chemical Co. Ltd, Meyer (Shanghai) Chemical Technology Co., Ltd., E. I. du Pont de Nemours and Company, J & K Scientific Ltd., XiaoGan ShenYuan ChemPharm Co. Ltd, and Alfa Aesar are a few companies operating in 2-Ethylanthraquinone market.
| 1.Executive Summary |
| 2.Global 2-Ethyl Anthraquinone Market Introduction |
| 2.1.Global 2-Ethyl Anthraquinone Market - Taxonomy |
| 2.2.Global 2-Ethyl Anthraquinone Market - Definitions |
| 2.2.1. Type |
| 2.2.2.Application |
| 2.2.3.End User |
| 2.2.4.Region |
| 3.Global 2-Ethyl Anthraquinone Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global 2-Ethyl Anthraquinone Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global 2-Ethyl Anthraquinone Market By Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Granules |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Crystals |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 6.Global 2-Ethyl Anthraquinone Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Hydrogen Peroxide |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Production Catalyst |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Pharmaceutical Synthesis |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Dye Intermediates |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Other |
| 6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 7.Global 2-Ethyl Anthraquinone Market By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Textile |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Paper and Pulp |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Detergent Bleachers |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Water Purification |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Electronics |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Pharmaceuticals |
| 7.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.6.3. Market Opportunity Analysis |
| 7.7. Others |
| 7.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.7.3. Market Opportunity Analysis |
| 8.Global 2-Ethyl Anthraquinone Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.North America 2-Ethyl Anthraquinone Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Granules |
| 9.1.2.Crystals |
| 9.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Hydrogen Peroxide |
| 9.2.2.Production Catalyst |
| 9.2.3.Pharmaceutical Synthesis |
| 9.2.4.Dye Intermediates |
| 9.2.5.Other |
| 9.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Textile |
| 9.3.2.Paper and Pulp |
| 9.3.3.Detergent Bleachers |
| 9.3.4.Water Purification |
| 9.3.5.Electronics |
| 9.3.6.Pharmaceuticals |
| 9.3.7.Others |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10.Europe 2-Ethyl Anthraquinone Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Granules |
| 10.1.2.Crystals |
| 10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Hydrogen Peroxide |
| 10.2.2.Production Catalyst |
| 10.2.3.Pharmaceutical Synthesis |
| 10.2.4.Dye Intermediates |
| 10.2.5.Other |
| 10.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Textile |
| 10.3.2.Paper and Pulp |
| 10.3.3.Detergent Bleachers |
| 10.3.4.Water Purification |
| 10.3.5.Electronics |
| 10.3.6.Pharmaceuticals |
| 10.3.7.Others |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 11.Asia Pacific (APAC) 2-Ethyl Anthraquinone Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Granules |
| 11.1.2.Crystals |
| 11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Hydrogen Peroxide |
| 11.2.2.Production Catalyst |
| 11.2.3.Pharmaceutical Synthesis |
| 11.2.4.Dye Intermediates |
| 11.2.5.Other |
| 11.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Textile |
| 11.3.2.Paper and Pulp |
| 11.3.3.Detergent Bleachers |
| 11.3.4.Water Purification |
| 11.3.5.Electronics |
| 11.3.6.Pharmaceuticals |
| 11.3.7.Others |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12.Middle East and Africa (MEA) 2-Ethyl Anthraquinone Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Granules |
| 12.1.2.Crystals |
| 12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Hydrogen Peroxide |
| 12.2.2.Production Catalyst |
| 12.2.3.Pharmaceutical Synthesis |
| 12.2.4.Dye Intermediates |
| 12.2.5.Other |
| 12.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Textile |
| 12.3.2.Paper and Pulp |
| 12.3.3.Detergent Bleachers |
| 12.3.4.Water Purification |
| 12.3.5.Electronics |
| 12.3.6.Pharmaceuticals |
| 12.3.7.Others |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13.Latin America 2-Ethyl Anthraquinone Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Granules |
| 13.1.2.Crystals |
| 13.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Hydrogen Peroxide |
| 13.2.2.Production Catalyst |
| 13.2.3.Pharmaceutical Synthesis |
| 13.2.4.Dye Intermediates |
| 13.2.5.Other |
| 13.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Textile |
| 13.3.2.Paper and Pulp |
| 13.3.3.Detergent Bleachers |
| 13.3.4.Water Purification |
| 13.3.5.Electronics |
| 13.3.6.Pharmaceuticals |
| 13.3.7.Others |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Cambridge International Corp. |
| 14.2.2.Nanjing Chemlin Chemical Co. Ltd |
| 14.2.3.Meyer (Shanghai) Chemical Technology Co., Ltd. |
| 14.2.4.I. du Pont de Nemours and Company |
| 14.2.5.J & K Scientific Ltd. |
| 14.2.6.XiaoGan ShenYuan ChemPharm Co. Ltd |
| 14.2.7.Alfa Aesar |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.