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What's Driving The Butylated Hydroxytoluene Market Growth? | LANXESS, SI Group, Sasol, Eastman Chemical Company, Kemin Industries, Cayman Chemical, Spectrum Chemical Mfg. Corp.
Butylated hydroxytoluene market
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Growing demand for canned and processed food products among consumers will drive butylated hydroxytoluene market. It provides flavor, texture and appearance to the food preparation while enhancing the shelf life of food product by acting as rancid through oxidation process and prevents food spoilage. These factors will stimulate market growth.
Butylated Hydroxytoluene Market will exceed USD 380 Million by 2025; according to a new research report. Butylated hydroxytoluene is widely utilized in industrial application for lubricating and specialty oils. It is an effective stabilizer and antioxidant for synthetic oils and fluids including cutting, spindle, hydraulic, transformer, transmission fluids, and brake fluids. Lubricating and specialty oils are used in automotive to protect engine components against rust and corrosion due to built-in alkaline reserves which will propel BHT product demand.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. SI Group
2. Sasol
3. OXIRIS CHEMICALS S. A.
4. Eastman Chemical Company
5. LANXESS
6. KH Chemicals Co.,Ltd.
7. Kemin Industries
8. Sinofi- Chinese Food Ingredients Supplier and Manufacturer
9. Ratnagiri Chemicals Pvt Ltd.
10. Cayman Chemical
11. TWINKLE CHEMI LAB PRIVATE LIMITED
12. Akrochem Corporation
13. Spectrum Chemical Mfg. Corp.
14. ANMOL CHEMICALS
15. A. B. Enterprises, Mumbai
Butylated hydroxytoluene is produced by reacting p-cresol with isobutylene catalyzed in presence of sulfuric acid. High consumption other than prescribed by FDA may result in illness including thyroid hyperactivity, enlargement of the liver, induction of several liver enzymes which may hamper butylated hydroxytoluene market price trend.
Butylated hydroxytoluene market from poultry feed application may surpass USD 25 million by 2025. The product is added to poultry feed to enhance vitamin content and reduce free radicals in poultry birds. Increasing consumption of poultry products owing to religious acceptance over bovine species and swine meat is expected to grow penetration of livestock thus, escalating BHT market growth.
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Canada butylated hydroxytoluene market from food application may observe significant gains up to 5.5% during projected time. Food products containing fats and oils are subject to oxidation, which results in rancidity and loss of sensory appeal. It meets FDA requirements for utilization in food products. BHT has been certified Kosher by the Union of Orthodox Jewish Congregations of America and has also been certified Halal by the Islamic Food Nutrition Council of America (IFANCA). It is also considered GRAS (generally recognized as safe) by the FDA intensifying butylated hydroxytoluene market growth.
Browse key industry insights spread across 160 pages with 180 market data tables & 23 figures & charts from the report, “Butylated Hydroxytoluene Market ” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/butylated-hydroxytoluene-bht-market
Global butylated hydroxytoluene market share is highly competitive and fragmented with key manufacturers including OXIRIS, Kemin Industries, KH Chemicals, Eastman Chemical, Sasol, SI Group and Cayman Chemical. Manufacturers focus on intensifying their marketing network by developing distribution strategies through partnership, mergers & acquisition. Increasing investments in research and development activities by manufacturers for product expansion also fortifies market penetrability. High technological innovation in manufacturing technology should propel industry.
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