Alpha arbutin
Alpha arbutin is a water-soluble compound related to hydroquinone but bound to a sugar molecule, which makes it more stable and slower-acting on the skin. In cosmetics it is used to soften the appearance of sun spots, the marks left behind after breakouts, and generally uneven tone.
Its role is to interfere with tyrosinase, the enzyme involved in producing melanin, so newly formed pigment is less pronounced. That is a gradual process: visible change is usually judged over weeks and months, not days. Because it is water-soluble, it turns up mostly in serums, essences and light emulsions, and it is often paired with niacinamide or vitamin C in the same routine.
Daily broad-spectrum sunscreen matters more than the active itself — without it, UV keeps driving the pigment you are trying to fade. Patch test before full use, introduce it alongside no more than one other new active, and expect some regions to set their own limits on the concentration allowed in cosmetics. Patches that are spreading, changing or itching should be looked at by a dermatologist.