2 Ethyl Anthraquinone Market size was estimated at USD 6 billion in 2024 and is expected to surpass USD 11.9 billion by the end of 2037, rising at a CAGR of 5.5% during the forecast period, i.e., 2025-2037. In 2025, the industry size of 2 ethyl anthraquinone is evaluated at USD 6.3 billion.
The growing demand from the chemical sector, especially in the manufacturing of dyes, pigments, and medicines, is driving the global 2 ethyl anthraquinone market. According to a research compendium by the Department of Biotechnology, Ministry of Science and Technology, Government of India reported that in 2025, the global output of dyes and pigments is predicted to reach 9.0 million tons by volume, valued at USD 24.2 billion. An estimated 7.5 x 105 metric tons of various dyes were produced annually, and approximately 280,000 tons (i.e., 2–50%) of textile dyes were released into the effluents. Additionally, the market is expanding as a result of 2 ethyl anthraquinone increasing its use as an antioxidant and colorant in the construction and automotive industries.
The need for 2 ethyl anthraquinone has significantly increased due to advancements in the hydrogen peroxide manufacturing process. Catalyst efficiency improvements enable producers to maximize output and minimize waste, improving sustainability and cost-effectiveness. For example, according to a recent study by Tsinghua University, using an in situ manufactured Pd catalyst with an egg-shell shape improved hydrogenation efficiency to 35.5% and produced a space-time yield of 567.5 g H2O2 g Pd−1 h−1. Research and development initiatives aimed at enhancing 2 ethyl anthraquinone's performance and reusability as a catalyst are opening doors for its broad use. In addition to helping companies fulfill rising demand, these technical developments also support worldwide trends toward environmentally friendly and energy-efficient production techniques.
Growth Drivers
Challenges
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
5.5% |
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Base Year Market Size (2024) |
USD 6 billion |
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Forecast Year Market Size (2037) |
USD 11.9 billion |
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Regional Scope |
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Grade (Industrial Grade, High-Purity Grade, Others)
The industrial grade segment is set to capture over 62.9% 2 ethyl anthraquinone market share by 2037. The dominance of the industrial grade segment is supported by the expansion of the worldwide paper and pulp industries as well as the manufacturing of chemicals. For instance, approximately 1.6% of the paper and paperboard produced worldwide comes from the Indian paper industry. The nation is home to more than 650 paper mills that use a variety of raw resources to produce different kinds of paper. As the nation's GDP has increased, so too has the consumption of various paper grades. Furthermore, the market is dominated by industrial-grade 2 ethyl anthraquinone owing to its low cost and wide range of applications in general-purpose industrial processes.
Application (Hydrogen Peroxide Production, Dyes & Pigments, Chemical Intermediates, Pharmaceutical Production, Others)
Based on the application, the hydrogen peroxide production segment in 2 ethyl anthraquinone market is likely to hold a notable share by the end of 2037. The main use of 2 ethyl anthraquinone is in the synthesis of hydrogen peroxide, which is an essential step in the anthraquinone process. The hydrogen peroxide level of products that consumers purchase for household usage is typically around 3%. The segment dominance is driven by the expanding trends for hydrogen peroxide in industries including chemical synthesis, water treatment, and pulp and paper. This segment's 2 ethyl anthraquinone market expansion is further supported by the focus on environmentally friendly bleaching and disinfection solutions. Furthermore, the market demand for 2 ethyl anthraquinone is rising due to the growing use of hydrogen peroxide in sophisticated oxidation procedures for wastewater treatment. Due to its extensive use in environmentally friendly bleaching, disinfection, and advanced oxidation processes, hydrogen peroxide manufacturing dominates the market.
Our in-depth analysis of the global 2 ethyl anthraquinone market includes the following segments:
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Grade |
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Type |
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Application |
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End use |
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North America Market Forecast
In 2 ethyl anthraquinone market, North America region is predicted to dominate over 32.7% revenue share by 2037, owing to the region's well-established paper and pulp sector, especially in the U.S. and Canada. It is anticipated that the rising need for paper packaging will increase demand for 2 ethyl anthraquinone, supporting market expansion over the projection period. Additionally, the detergent sector has seen tremendous expansion, which is anticipated to increase demand for 2 ethyl anthraquinone and, in turn, drive market expansion. For instance, according to the U.S. Bureau of Labor Statistics (BLS), the average annual expenditure for all consumer units in 2023 was USD 77,280, which represents a 5.9% rise from 2022. Average income before taxes increased by 8.3% during the same period, while the Consumer Price Index for All Urban Consumers (CPI-U) increased by 4.1%.
The U.S. dominates the region because to its thriving industrial and chemical sectors, which use hydrogen peroxide extensively for chemical synthesis, water treatment, and bleaching pulp and paper. The vast bulk of hydrogen peroxide generated in the country is used to bleach fabrics, remove ink from recycled paper, and bleach paper products. These activities collectively account for around 65% of household consumption. Canada also contributes by using hydrogen peroxide more frequently in medical and environmental applications. Furthermore, there is a growing need for hydrogen peroxide for sterilization and disinfection applications in the Canada’s pharmaceutical and healthcare industries. Environmental laws that support environmentally friendly chemical processes also encourage the use of 2 ethyl anthraquinone.
APAC Market Analysis
Asia Pacific in 2 ethyl anthraquinone market is expected to experience a stable CAGR during the forecast period due to the fast industrialization and expanding manufacturing base in nations like China, India, and Japan. Significant demand is driven by the growth of the paper, textile, and chemical industries in the region. In 2021, China's hydrogen peroxide sector generated 12.35 million tons and accounts for more than 40% of global hydrogen peroxide production, ensuring its crucial position in the 2 ethyl anthraquinone supply chain.
The growing demand for 2 ethyl anthraquinone market in India is expected to support the country's market progress. The primary forces behind the expansion are growing end use sector demand and rapid industrialization. Most of the major companies in the sector are focusing on different areas and growing their presence by building factories, warehouses, and research and development facilities. In 2020–21, India's per capita research and development expenditure reached a current PPP of USD 42.0.
In China, the need for 2 ethyl anthraquinone has been the increase in demand for paper for packaging applications. The environmentally favorable oxidizing capabilities of hydrogen peroxides make them useful in a variety of industries, including wastewater treatment, mining, paper and pulp, oxidative chemical synthesis, and textiles. The pulp and paper industries have utilized almost 34% of its total production as a bleaching agent, while the textile industry has used it to wash wool and cotton fiber. The production of H2O2 is therefore the subject of an important scientific project. For instance, in September 2024, a contract was reached by Evonik and Steinbeis Papier to deliver carbon-neutral hydrogen peroxide (H2O2) from Evonik for the manufacturing of recycled paper. In keeping with the company's aggressive sustainability plan, Steinbeis Papier will be able to further cut emissions throughout its value chain by using this Way to GO2-certified H2O2.
Major players in the fiercely competitive 2 ethyl anthraquinone market supply goods and services to both domestic and foreign consumers. For a dominant position in the global 2ethyl anthraquinone market, major players are using several strategies in research and development, product innovation, and end-user launches.
Here are some leading players in the 2 ethyl anthraquinone market:
Author Credits: Rajrani Baghel
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