Global industry analysis
The anthraquinone market is a fast growing business projected to be valued in excess of $8 billion by 2025. Anthraquinone, also known as quinizarine, is an organic compound derived from anthracene and is used in the manufacture of numerous products.
An aromatic chemical molecule called anthraquinone is also known as anthracenenedione or dioxoanthracene. It is generally used to refer to a specific isomer, 9,10-anthraquinone, also known as anthracene-9,10-dione by the International Union of Pure and Applied Chemistry (IUPAC). The largest category of quinones, anthracene, is red or purple in color. This specific chemical is made in two different ways.
The first technique is to condense benzene or oxidize anthracene in the presence of chromic acid. The second technique is the dehydration of the product and the oxidation of the phthalic anhydride. The yellow colored anthraquinone is a crystalline substance. Although sparingly soluble in water, it readily dissolves in a variety of heated organic solvents.
Anthraquinone is one of the most important elements used in the production of hydrogen peroxide. It is also a major element used in the manufacture of many dyes and is also used in the bleaching of pulp for papermaking. Some of the other uses for anthraquinone include industrial uses, processing aids, surfactants, and consumer uses.
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Anthraquinone is also used as a bird repellent on farms and as a gas generator in satellite balloons. In New Zealand, anthraquinone is mixed with a substance called lanolin and then used as a wool spray to protect flocks of sheep from kea attacks.
Anthraquinone can cause tumors in humans when taken orally or ingested. It can also cause skin irritation, dermatitis, and allergic reactions when applied to the skin. It is found in some plants, fungi and insects and contributes to their color pigments.
Anthraquinone Industry: Market Dynamics
Certain factors, such as the growing demand for greener products that are less harmful to living beings, are driving the industry. However, in addition to the factors responsible for the demand for such medicines, which are helpful in curing some diseases (diabetes, cancer, etc.), these medicines contain much less anthraquinone.
Too high a dose of anthraquinone is harmful to aquatic life and can cause long-term changes in the aquatic environment that have a negative impact on the overall environment. It can also cause cancer and eye irritation. In addition, a very high dose of anthraquinone can cause gastrointestinal irritation and show some toxic symptoms such as nausea, vomiting, bloody diarrhea, dermatitis, dizziness, acute abdominal pain and convulsions. In severe cases, it can also damage the kidneys. These are some of the factors that could limit the market for anthraquinones.
The need to produce drugs that can be used to treat gastrointestinal disorders, chronic liver disease, kidney disease and type 2 diabetes will create opportunities for the anthraquinone industry.
The growth of the textile and fashion industry will lead to the growth of the integrated dye industry, which will sustain the demand for anthraquinone. In addition, the increase in manufacturing of drugs that can cure some diseases such as cancer and diabetes and that contain anthraquinone as a key element will further increase the demand for anthraquinone.
Anthraquinone Industry: Market Segmentation
By Application, the Anthraquinone Market is segmented into:
- Manufacture of dyes
- papermaking
- Manufacture of pulp
- Production of hydrogen peroxide.
- bird control
- Gasgeneratoren
Anthraquinone Market: Regional Perspective
The anthraquinone industry shows its dominance in North America, followed by Europe and Asia Pacific. Latin America, Middle East and Africa, on the other hand, will experience a growing market during the forecast period. In addition, the demand for anthraquinone is expected to increase significantly in the Asia-Pacific region.
In terms of demand growth, Asia Pacific is followed by Europe and North America. Along with higher demand, increasing industrialization and GDP growth will support market growth in India and China. Emerging countries such as South America and Africa are believed to have enormous growth potential in the anthraquinone market.
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Anthraquinone Market: Market Players
Examples of some Anthraquinone market players identified along the value chain are Abbott Laboratories (US), Alimentary Health Limited (Ireland), Edusa Pharmaceuticals (US), Ironwood Pharmaceuticals, Inc. (US), Lexicon Pharmaceuticals (US) and Pharmos Corporation (US), Salix Pharmaceuticals, Inc. (US), Sucampo Pharmaceuticals, Inc.; (USA), Tioga Pharmaceuticals, Inc. (USA), EI du Pont de Nemours and Company, Alfa Aesar, Nanjing Chemlin Chemical Co., Ltd., XiaoGan ShenYuan ChemPharm Co., Ltd., Ltd., J&K Scientific Ltd. and Meryer (Shanghai) Chemical Technology Co.,Ltd.
The research report represents a comprehensive assessment of the market and contains detailed information, facts, historical data, as well as statistically backed and industry-validated market data.
It also includes forecasts using appropriate assumptions and methods. The research report provides analysis and information by market segments such as regions, applications, and industry.
The report includes exhaust gas analyzes for:
- market segments
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- market size
- supply and demand
- Current trends/issues/challenges
- Competition and companies involved
- Technology
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The regional analysis includes:
- Nordamerika (USA, Kanada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, UK, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia and New Zealand)
- Japan
- Middle East and Africa (GCC countries, South Africa, North Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessments by industry analysts, input from industry experts and industry participants across the value chain.
The report provides an in-depth analysis of the key market trends, macroeconomic indicators and driving factors, and market attractiveness based on segments. The report also maps the qualitative impact of various market factors across market segments and geographies.
Report Highlights:
- Detailed overview of the parent market
- Changed market dynamics in the industry.
- Deep market segmentation
- Historical, current and forecast market size in terms of volume and value
- Current industry trends and developments
- competitive landscape
- Strategies of the main players and products offered
- Potential and niche segments, geographic regions with promising growth
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