PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1535773
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1535773
Butylated Hydroxytoluene (BHT) Market - By Application (Food, Animal Feed, Lubricating & Specialty Oils, Rubber, Personal Care & Cosmetics, Industrial Fats, Oils, & Fatty Acids, Printing Inks & Coatings, Food Packaging) & Forecast, 2024-2032
Global Butylated Hydroxytoluene (BHT) Market will record a 5.4% CAGR during 2024 and 2032 due to the rising use of butylated hydroxytoluene (BHT) in cosmetics and personal care products, coupled with its application in lubricants. BHT's effectiveness as an antioxidant helps stabilize cosmetic formulations, extending product shelf life and ensuring quality. In lubricants, BHT prevents oxidation and degradation, enhancing performance and longevity. As demand for high-quality, long-lasting personal care products and advanced lubricants grows, BHT's critical role in maintaining product integrity and effectiveness will propel its market expansion.
For instance, in July 2022, ChemPoint, a subsidiary of Univar Solutions, was appointed as the North American distributor for Xtendra BHT by CFS North America, part of Camlin Fine Sciences, to handle sales and distribution across the US and Canada. This development is likely to enhance the availability and accessibility of BHT in key industries such as food, cosmetics, pharmaceuticals, and industrial applications. By leveraging ChemPoint's extensive distribution capabilities, the market reach and customer base for Xtendra BHT will expand, driving growth in the butylated hydroxytoluene (BHT) industry and potentially increasing its adoption across various sectors.
The butylated hydroxytoluene (BHT) market is segregated based on application and region.
The cosmetics segment will experience a noteworthy surge by 2032, attributed to its widespread use as an effective antioxidant in personal care products. BHT helps stabilize formulations, preventing the oxidation of active ingredients and extending product shelf life. Increasing consumer demand for long-lasting, high-quality cosmetics and skin care products drives the adoption of BHT. Additionally, ongoing innovation in cosmetic formulations further enhances the need for reliable preservatives like BHT, solidifying its dominance in this market segment.
North America butylated hydroxytoluene (BHT) industry will uphold a notable CAGR through 2032, spurred by the region's advanced industrial and consumer goods sectors. High demand for BHT in food preservation, cosmetics, pharmaceuticals, and industrial applications drives market growth. Besides, stringent regulatory standards for product quality and shelf-life further boost BHT usage. The region's strong focus on research and development, coupled with a well-established manufacturing base, makes North America a significant contributor to the butylated hydroxytoluene (BHT) market.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Market scope & definition
- 1.2 Base estimates & calculations
- 1.3 Forecast calculation
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Data mining sources
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
Chapter 2 Executive Summary
- 2.1 Market 360° synopsis, 2021 - 2032
Chapter 3 Market Industry Insights
- 3.1 Industry ecosystem analysis
- 3.1.1 Key manufacturers
- 3.1.2 Distributors
- 3.1.3 Profit margins across the industry
- 3.1.4 Supply disruptions (If applicable)
- 3.2 Industry impact forces
- 3.2.1 Growth drivers
- 3.2.2 Market challenges
- 3.2.3 Market opportunity
- 3.2.3.1 New opportunities
- 3.2.3.2 Growth potential analysis
- 3.3 Raw material landscape
- 3.3.1 Manufacturing trends
- 3.3.2 Technology evolution
- 3.3.2.1 Sustainable manufacturing
- 3.3.2.1.1 Green practices
- 3.3.2.1.2 Decarbonization
- 3.3.2.1 Sustainable manufacturing
- 3.4 Sustainability in raw materials
- 3.5 Pricing trends (USD/Ton)
- 3.5.1 North America
- 3.5.2 Europe
- 3.5.3 Asia Pacific
- 3.5.4 Latin America
- 3.5.5 MEA
- 3.6 Regulations & market impact
- 3.7 Porter's analysis
- 3.8 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
- 4.1 Introduction
- 4.2 Company market share, 2023
- 4.2.1 Company market share, by region, 2023
- 4.2.1.1 North America
- 4.2.1.2 Europe
- 4.2.1.3 Asia Pacific
- 4.2.1.4 Latin America
- 4.2.1.5 Middle East & Africa
- 4.2.1 Company market share, by region, 2023
- 4.3 Competitive analysis of major market players
- 4.4 Competitive positioning matrix
- 4.5 Strategic outlook matrix
Chapter 5 Market Estimates & Forecast, By Application, 2021-2032 (USD Million) (Kilo Tons)
- 5.1 Key trends
- 5.2 Food
- 5.3 Animal feed
- 5.3.1 Poultry
- 5.3.2 Swine
- 5.3.3 Fish feed
- 5.3.4 Cattle
- 5.4 Lubricating & specialty oils
- 5.5 Rubber
- 5.6 Personal care & cosmetics
- 5.7 Industrial fats, oils & fatty acids
- 5.8 Printing inks and coatings
- 5.9 Food packaging
- 5.10 Others(pharmaceutical, corrosion inhibitors)
Chapter 6 Market Estimates & Forecast, By Region, 2021-2032 (USD Million) (Kilo Tons)
- 6.1 Key trends, by region
- 6.2 North America
- 6.2.1 U.S.
- 6.2.2 Canada
- 6.3 Europe
- 6.3.1 Germany
- 6.3.2 UK
- 6.3.3 France
- 6.3.4 Spain
- 6.3.5 Italy
- 6.4 Asia Pacific
- 6.4.1 China
- 6.4.2 India
- 6.4.3 Japan
- 6.4.4 South Korea
- 6.4.5 Indonesia
- 6.4.6 Australia
- 6.4.7 Malaysia
- 6.5 Latin America
- 6.5.1 Brazil
- 6.5.2 Mexico
- 6.5.3 Argentina
- 6.6 MEA
- 6.6.1 South Africa
- 6.6.2 Saudi Arabia
- 6.6.3 UAE
Chapter 7 Company Profiles
- 7.1 Lanxess AG
- 7.2 Eastman Chemical Company
- 7.3 Oxiris Chemicals SA
- 7.4 KH Chemicals B.V
- 7.5 Spectrum Chemical Manufacturing Corporation
- 7.6 Akrochem Corporation
- 7.7 Twinkle Chemilab Pvt Ltd
- 7.8 Kemin Industries
- 7.9 Ratnagiri Chemicals Pvt Ltd
- 7.10 Cayman Chemical Company
- 7.11 Anmol Chemicals
- 7.12 AB Enterprises
- 7.13 Sasol Ltd
- 7.14 SI Group
