Butylated Hydroxytoluene (BHT) Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2025

Report Code: ZMR-4260 | Report Format : | Status : Upcoming |

Abstract

Global Butylated Hydroxytoluene (BHT) Market: Overview

The product is the derivative of phenol and is produced by mixing p-cresol and isobutylene with the sulfuric acid solution used as a catalyst. The use of butylated hydroxytoluene is considered to be safe by the U.S. FDA and GRAS. The product finds myriad applications in hydraulic fluids, jet fuels, turbine oils, and gear oils.

Global Butylated Hydroxytoluene (BHT)Market: Growth Factors

Burgeoning demand for food additives as a result of the rising in the intake of processed diet including meat, ready to cook food, and noodles will accelerate the expansion of butylated hydroxytoluene (BHT) industry. Preservative and antioxidant properties of the product will help to prevent spoiling of the food, thereby further proliferating the market growth trends. Moreover, the prominent rise in industrialization has formed the basis of the manufacturing sector growth. This has transformed into heavy demand for lubricants in the equipment processing industry. BHT with its beneficial characteristic of thermal deterioration in lubricant production leads in protuberant growth of butylated hydroxytoluene(BHT) market.

Furthermore, the rise in the R&D activities witnessed across the pharma industry to halt the growth of chronic ailments will enhance the market profit. However, the widespread use of BHT as an additive in the diet will have an adverse impact on the health of the individual. Nonetheless, massive use of the product in poultry to improve color and minimize sour taste in eggs as well as the meat will prompt the market expansion. The rise in the purchasing capacity of the consumers will also affect industry growth.

The product also finds a spectrum of applications in eyeliners, lipsticks, face powders, moisturizers, and eyebrow pencils.

Global Butylated Hydroxytoluene (BHT) Market: Segmentation

The butylated hydroxytoluene (BHT) market can be classified into an application that is further sectored into food, lubricating & specialty oils, printing inks & coatings, rubber, industrial fats, oils & fatty acids, and food packaging.

Global Butylated Hydroxytoluene (BHT) Market: Regional Analysis

Based on the region, the butylated hydroxytoluene (BHT) market can be divided into five main regions: Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa. Asia Pacific butylated hydroxytoluene (BHT) market is set to witness massive gains over the estimated timeframe with China, South Korea, India, and Japan being key regional growth drivers. Rise in the intake of bakery items such as cookies and bread as a result of altering lifestyles and hectic schedule will propel the market growth.

The growth of the European market is likely to be impacted due to large-scale use of the product in moisturizers, skin lotions, and eyeliners in the countries such as Germany, Italy, UK, and France. The demand for these cosmetic products among the youth and teenagers of these countries will further propel the market size in Europe.

Latin American market is likely to experience a huge surge, due to an increase in the production of petroleum, iron &steel and chemical products in a country like Brazil.

Global Butylated Hydroxytoluene (BHT)Market: Competitive Players

Few of the main participants in the butylated hydroxytoluene (BHT) market are Kemin Industries, Sinofi Ingredients, KH Chemicals, OXIRIS, Sasol, and Eastman Chemical Company.

Global Butylated Hydroxytoluene (BHT) Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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