세계의 부틸레이티드하이드록시톨루엔 시장 규모, 점유율 및 동향 분석 보고서 : 등급별, 최종 용도별, 지역별 전망 및 예측(2023-2030년)

The Global Butylated Hydroxytoluene Market size is expected to reach $335.5 million by 2030, rising at a market growth of 5.4% CAGR during the forecast period. In the year 2022, the market attained a volume of 49,849.4 Tonnes experiencing a growth of 5.1% (2019-2022).

BHT helps maintain the freshness of the feed, making it more palatable for animals and encouraging proper consumption. Moreover, BHT helps maintain the stability of feed ingredients during processing, such as pelleting and extrusion. Consequently, the animal feed segment would acquire nearly 12% of the total market share by 2030. BHT functions as an antioxidant by inhibiting the oxidation of fats and oils in the feed. This helps contain the formation of free radicals and the subsequent degradation of essential nutrients, such as vitamins and fatty acids.

BHT is added to plastics during their manufacturing process to prevent oxidative degradation. This is particularly important for plastics exposed to environmental aspects like heat, light, and air during their use. The automotive and packaging industries, both significant consumers of plastics, may drive the demand for BHT. In these industries, plastic components must maintain their integrity over time, and antioxidants like BHT contribute to achieving this goal. Due to the rising global plastics production, the market is expected to grow significantly. Additionally, BHT is added to prepared foods to prevent the oxidation of fats and oils, which helps extend the shelf life of the products. This is crucial for the prepared food industry, where products may undergo various processing stages, packaging, and distribution before reaching consumers. Snack foods and ready-to-eat meals are major segments in the prepared food industry. BHT is commonly used to formulate these products to ensure the fats and oils' stability, enhancing the final product's taste and texture. Thus, the increasing demand for the prepared food industry positively expands the market.

However, there is a growing customer choice for natural and minimally processed products. As awareness of health and wellness increases, consumers may actively seek food and cosmetic products that contain natural antioxidants instead of synthetic ones like BHT. The association between natural antioxidants and potential health benefits can drive consumer choices. Products containing natural antioxidants are often marketed as healthier alternatives, influencing purchasing decisions and impacting the market for synthetic antioxidants like BHT. Due to the above factors, market growth will be hampered in the coming years.

By Grade Analysis

On the basis of grade, the market is segmented into food grade and technical grade. The food grade segment acquired a substantial revenue share in the market in 2022. Food grade BHT meets the specific safety and purity standards required for use in the food industry. They are commonly used as antioxidants in the food industry to improve the oxidation of oils and fats. It also helps boost the shelf life of products by inhibiting the development of off-flavors, odors, and discoloration caused by rancidity. Regulatory authorities specify maximum allowable levels of BHT in different food products to prevent excessive usage. Adhering to these guidelines ensures that BHT remains within safe limits for consumers.

By End-Use Analysis

Based on end-use, the market is fragmented into plastic & rubber, food & beverage, animal feed, personal care, and others. The food & beverage segment garnered a significant revenue share in the market in 2022. In the food & beverage industry, BHT prevents the oxidation of fats and oils in food products such as baked goods, snacks, and cooking oils, extending shelf life and maintaining product quality. It may also be incorporated into packaging materials, especially in direct contact with fatty foods. This helps prevent oxidation and maintain the quality of packaged products.

By Regional Analysis

Region-wise, the market is analysed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the Asia Pacific region registered the highest revenue share in the market. Some of the largest BHT producers are in the Asia-Pacific region. This chemical is an antioxidant food additive that protects unsaturated organic compounds in foods and oils from atmospheric oxidation. Moreover, the growth in automobile production in China will likely promote the demand for rubber tires, creating an upside demand for the market.

List of Key Companies Profiled

• Sasol Limited
• Lanxess AG
• Eastman Chemical Company
• Camlin Fine Sciences Limited
• Dycon Chemicals
• Finar (Actylis)
• Yasho Industries Limited
• Milestone Preservatives Pvt. Ltd.
• Twinkle Chemi Lab Pvt. Ltd.

Global Butylated Hydroxytoluene Market Report Segmentation

By Grade (Volume, Tonnes, USD Million, 2019-2030)

• Technical Grade
• Food Grade

By End-use (Volume, Tonnes, USD Million, 2019-2030)

• Plastic & Rubber
• Food & Beverage
• Personal Care
• Animal Feed
• Others

By Geography (Volume, Tonnes, USD Million, 2019-2030)

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology

• 1.1 Market Definition
• 1.2 Objectives
• 1.3 Market Scope
• 1.4 Segmentation
  • 1.4.1 Global Butylated Hydroxytoluene Market, by Grade
  • 1.4.2 Global Butylated Hydroxytoluene Market, by End-use
  • 1.4.3 Global Butylated Hydroxytoluene Market, by Geography
• 1.5 Methodology for the research

Chapter 2. Market At a Glance

• 2.1 Key Highlights

Chapter 3. Market Overview

• 3.1 Introduction
  • 3.1.1 Overview
    • 3.1.1.1 Market Composition and Scenario
• 3.2 Key Factors Impacting the Market
  • 3.2.1 Market Drivers
  • 3.2.2 Market Restraints
• 3.3 Porter Five Forces Analysis

Chapter 4. Global Butylated Hydroxytoluene Market, By Grade

• 4.1 Global Technical Grade Market, By Region
• 4.2 Global Food Grade Market, By Region

Chapter 5. Global Butylated Hydroxytoluene Market, By End-use

• 5.1 Global Plastic & Rubber Market, By Region
• 5.2 Global Food & Beverage Market, By Region
• 5.3 Global Personal Care Market, By Region
• 5.4 Global Animal Feed Market, By Region
• 5.5 Global Others Market, By Region

Chapter 6. Global Butylated Hydroxytoluene Market, By Region

• 6.1 North America Butylated Hydroxytoluene Market
  • 6.1.1 North America Butylated Hydroxytoluene Market, By Grade
    • 6.1.1.1 North America Technical Grade Market, By Country
    • 6.1.1.2 North America Food Grade Market, By Country
  • 6.1.2 North America Butylated Hydroxytoluene Market, By End-use
    • 6.1.2.1 North America Plastic & Rubber Market, By Country
    • 6.1.2.2 North America Food & Beverage Market, By Country
    • 6.1.2.3 North America Personal Care Market, By Country
    • 6.1.2.4 North America Animal Feed Market, By Country
    • 6.1.2.5 North America Others Market, By Country
  • 6.1.3 North America Butylated Hydroxytoluene Market, By Country
    • 6.1.3.1 US Butylated Hydroxytoluene Market
      • 6.1.3.1.1 US Butylated Hydroxytoluene Market, By Grade
      • 6.1.3.1.2 US Butylated Hydroxytoluene Market, By End-use
    • 6.1.3.2 Canada Butylated Hydroxytoluene Market
      • 6.1.3.2.1 Canada Butylated Hydroxytoluene Market, By Grade
      • 6.1.3.2.2 Canada Butylated Hydroxytoluene Market, By End-use
    • 6.1.3.3 Mexico Butylated Hydroxytoluene Market
      • 6.1.3.3.1 Mexico Butylated Hydroxytoluene Market, By Grade
      • 6.1.3.3.2 Mexico Butylated Hydroxytoluene Market, By End-use
    • 6.1.3.4 Rest of North America Butylated Hydroxytoluene Market
      • 6.1.3.4.1 Rest of North America Butylated Hydroxytoluene Market, By Grade
      • 6.1.3.4.2 Rest of North America Butylated Hydroxytoluene Market, By End-use
• 6.2 Europe Butylated Hydroxytoluene Market
  • 6.2.1 Europe Butylated Hydroxytoluene Market, By Grade
    • 6.2.1.1 Europe Technical Grade Market, By Country
    • 6.2.1.2 Europe Food Grade Market, By Country
  • 6.2.2 Europe Butylated Hydroxytoluene Market, By End-use
    • 6.2.2.1 Europe Plastic & Rubber Market, By Country
    • 6.2.2.2 Europe Food & Beverage Market, By Country
    • 6.2.2.3 Europe Personal Care Market, By Country
    • 6.2.2.4 Europe Animal Feed Market, By Country
    • 6.2.2.5 Europe Others Market, By Country
  • 6.2.3 Europe Butylated Hydroxytoluene Market, By Country
    • 6.2.3.1 Germany Butylated Hydroxytoluene Market
      • 6.2.3.1.1 Germany Butylated Hydroxytoluene Market, By Grade
      • 6.2.3.1.2 Germany Butylated Hydroxytoluene Market, By End-use
    • 6.2.3.2 UK Butylated Hydroxytoluene Market
      • 6.2.3.2.1 UK Butylated Hydroxytoluene Market, By Grade
      • 6.2.3.2.2 UK Butylated Hydroxytoluene Market, By End-use
    • 6.2.3.3 France Butylated Hydroxytoluene Market
      • 6.2.3.3.1 France Butylated Hydroxytoluene Market, By Grade
      • 6.2.3.3.2 France Butylated Hydroxytoluene Market, By End-use
    • 6.2.3.4 Russia Butylated Hydroxytoluene Market
      • 6.2.3.4.1 Russia Butylated Hydroxytoluene Market, By Grade
      • 6.2.3.4.2 Russia Butylated Hydroxytoluene Market, By End-use
    • 6.2.3.5 Spain Butylated Hydroxytoluene Market
      • 6.2.3.5.1 Spain Butylated Hydroxytoluene Market, By Grade
      • 6.2.3.5.2 Spain Butylated Hydroxytoluene Market, By End-use
    • 6.2.3.6 Italy Butylated Hydroxytoluene Market
      • 6.2.3.6.1 Italy Butylated Hydroxytoluene Market, By Grade
      • 6.2.3.6.2 Italy Butylated Hydroxytoluene Market, By End-use
    • 6.2.3.7 Rest of Europe Butylated Hydroxytoluene Market
      • 6.2.3.7.1 Rest of Europe Butylated Hydroxytoluene Market, By Grade
      • 6.2.3.7.2 Rest of Europe Butylated Hydroxytoluene Market, By End-use
• 6.3 Asia Pacific Butylated Hydroxytoluene Market
  • 6.3.1 Asia Pacific Butylated Hydroxytoluene Market, By Grade
    • 6.3.1.1 Asia Pacific Technical Grade Market, By Country
    • 6.3.1.2 Asia Pacific Food Grade Market, By Country
  • 6.3.2 Asia Pacific Butylated Hydroxytoluene Market, By End-use
    • 6.3.2.1 Asia Pacific Plastic & Rubber Market, By Country
    • 6.3.2.2 Asia Pacific Food & Beverage Market, By Country
    • 6.3.2.3 Asia Pacific Personal Care Market, By Country
    • 6.3.2.4 Asia Pacific Animal Feed Market, By Country
    • 6.3.2.5 Asia Pacific Others Market, By Country
  • 6.3.3 Asia Pacific Butylated Hydroxytoluene Market, By Country
    • 6.3.3.1 China Butylated Hydroxytoluene Market
      • 6.3.3.1.1 China Butylated Hydroxytoluene Market, By Grade
      • 6.3.3.1.2 China Butylated Hydroxytoluene Market, By End-use
    • 6.3.3.2 Japan Butylated Hydroxytoluene Market
      • 6.3.3.2.1 Japan Butylated Hydroxytoluene Market, By Grade
      • 6.3.3.2.2 Japan Butylated Hydroxytoluene Market, By End-use
    • 6.3.3.3 India Butylated Hydroxytoluene Market
      • 6.3.3.3.1 India Butylated Hydroxytoluene Market, By Grade
      • 6.3.3.3.2 India Butylated Hydroxytoluene Market, By End-use
    • 6.3.3.4 South Korea Butylated Hydroxytoluene Market
      • 6.3.3.4.1 South Korea Butylated Hydroxytoluene Market, By Grade
      • 6.3.3.4.2 South Korea Butylated Hydroxytoluene Market, By End-use
    • 6.3.3.5 Singapore Butylated Hydroxytoluene Market
      • 6.3.3.5.1 Singapore Butylated Hydroxytoluene Market, By Grade
      • 6.3.3.5.2 Singapore Butylated Hydroxytoluene Market, By End-use
    • 6.3.3.6 Malaysia Butylated Hydroxytoluene Market
      • 6.3.3.6.1 Malaysia Butylated Hydroxytoluene Market, By Grade
      • 6.3.3.6.2 Malaysia Butylated Hydroxytoluene Market, By End-use
    • 6.3.3.7 Rest of Asia Pacific Butylated Hydroxytoluene Market
      • 6.3.3.7.1 Rest of Asia Pacific Butylated Hydroxytoluene Market, By Grade
      • 6.3.3.7.2 Rest of Asia Pacific Butylated Hydroxytoluene Market, By End-use
• 6.4 LAMEA Butylated Hydroxytoluene Market
  • 6.4.1 LAMEA Butylated Hydroxytoluene Market, By Grade
    • 6.4.1.1 LAMEA Technical Grade Market, By Country
    • 6.4.1.2 LAMEA Food Grade Market, By Country
  • 6.4.2 LAMEA Butylated Hydroxytoluene Market, By End-use
    • 6.4.2.1 LAMEA Plastic & Rubber Market, By Country
    • 6.4.2.2 LAMEA Food & Beverage Market, By Country
    • 6.4.2.3 LAMEA Personal Care Market, By Country
    • 6.4.2.4 LAMEA Animal Feed Market, By Country
    • 6.4.2.5 LAMEA Others Market, By Country
  • 6.4.3 LAMEA Butylated Hydroxytoluene Market, By Country
    • 6.4.3.1 Brazil Butylated Hydroxytoluene Market
      • 6.4.3.1.1 Brazil Butylated Hydroxytoluene Market, By Grade
      • 6.4.3.1.2 Brazil Butylated Hydroxytoluene Market, By End-use
    • 6.4.3.2 Argentina Butylated Hydroxytoluene Market
      • 6.4.3.2.1 Argentina Butylated Hydroxytoluene Market, By Grade
      • 6.4.3.2.2 Argentina Butylated Hydroxytoluene Market, By End-use
    • 6.4.3.3 UAE Butylated Hydroxytoluene Market
      • 6.4.3.3.1 UAE Butylated Hydroxytoluene Market, By Grade
      • 6.4.3.3.2 UAE Butylated Hydroxytoluene Market, By End-use
    • 6.4.3.4 Saudi Arabia Butylated Hydroxytoluene Market
      • 6.4.3.4.1 Saudi Arabia Butylated Hydroxytoluene Market, By Grade
      • 6.4.3.4.2 Saudi Arabia Butylated Hydroxytoluene Market, By End-use
    • 6.4.3.5 South Africa Butylated Hydroxytoluene Market
      • 6.4.3.5.1 South Africa Butylated Hydroxytoluene Market, By Grade
      • 6.4.3.5.2 South Africa Butylated Hydroxytoluene Market, By End-use
    • 6.4.3.6 Nigeria Butylated Hydroxytoluene Market
      • 6.4.3.6.1 Nigeria Butylated Hydroxytoluene Market, By Grade
      • 6.4.3.6.2 Nigeria Butylated Hydroxytoluene Market, By End-use
    • 6.4.3.7 Rest of LAMEA Butylated Hydroxytoluene Market
      • 6.4.3.7.1 Rest of LAMEA Butylated Hydroxytoluene Market, By Grade
      • 6.4.3.7.2 Rest of LAMEA Butylated Hydroxytoluene Market, By End-use

Chapter 7. Company Profiles

• 7.1 Camlin Fine Sciences Limited
  • 7.1.1 Company Overview
  • 7.1.2 Financial Analysis
• 7.2 Dycon Chemicals
  • 7.2.1 Company Overview
• 7.3 Finar (Actylis)
  • 7.3.1 Company Overview
• 7.4 Yasho Industries Limited
  • 7.4.1 Company Overview
  • 7.4.2 Financial Analysis
  • 7.4.3 Research & Development Expenses
• 7.5 Twinkle Chemi Lab Pvt. Ltd.
  • 7.5.1 Company Overview
• 7.6 Milestone Preservatives Pvt. Ltd.
  • 7.6.1 Company Overview
• 7.7 Sasol Limited
  • 7.7.1 Company Overview
  • 7.7.2 Financial Analysis
  • 7.7.3 Segmental and Regional Analysis
  • 7.7.4 Research & Development Expenses
• 7.8 Lanxess AG
  • 7.8.1 Company Overview
  • 7.8.2 Financial Analysis
  • 7.8.3 Segmental and Regional Analysis
  • 7.8.4 Research & Development Expenses
  • 7.8.5 SWOT Analysis
• 7.9 Eastman Chemical Company
  • 7.9.1 Company Overview
  • 7.9.2 Financial Analysis
  • 7.9.3 Segmental and Regional Analysis
  • 7.9.4 Research & Development Expense
  • 7.9.5 SWOT Analysis

Chapter 8. Winning Imperatives for Butylated Hydroxytoluene Market