Press release
Butylated Hydroxytoluene Market Expands with Demand in Food Preservation and Cosmetics
Global Butylated Hydroxytoluene Market, By Grade (Technical Grade, Food Grade), Functionality (Food Preservatives, Antioxidant), Application (Food Additives, Fuel Additives, Industrial Additives, Polymeric Ingredients, Pesticide Ingredients, Cosmetic Ingredients, Others), End User (Oil and Gas, Food and Beverages, Animal Feed, Plastics and Rubbers, Consumer Products, Personal Care, Pharmaceutical, Chemical, Petroleum, Aerospace, Automotive, Others) - Industry Trends and Forecast to 2031.Data Bridge Market Research analyzes that the global butylated hydroxytoluene market which was USD 259.10 million in 2023, is expected to reach USD 394.63 million by 2031, growing at a CAGR of 5.4% during the forecast period of 2024 to 2031.
Explore Further Details about This Research Butylated Hydroxytoluene Market Share Report https://www.databridgemarketresearch.com/reports/global-butylated-hydroxytoluene-market
**Segments**
- **Type**: The global butylated hydroxytoluene market can be segmented based on type into food grade and technical grade. Food grade butylated hydroxytoluene is widely used as an antioxidant in the food industry to extend the shelf life of various products. On the other hand, technical grade butylated hydroxytoluene finds applications in industries such as cosmetics, pharmaceuticals, and animal feed.
- **Application**: In terms of application, the market can be divided into food industry, pharmaceuticals, cosmetics, animal feed, and others. Butylated hydroxytoluene is extensively utilized in the food industry to prevent rancidity and enhance the stability of edible oils, fats, and food products. It is also employed in pharmaceutical formulations and cosmetics for its antioxidant properties.
- **End-Use Industry**: The end-use industry segment includes food and beverages, pharmaceuticals, cosmetics, animal feed, and others. The food and beverage industry is a major consumer of butylated hydroxytoluene, where it is used in the production of snacks, baked goods, cereals, and other processed foods to maintain freshness and quality.
**Market Players**
- **BASF SE**: A key player in the global butylated hydroxytoluene market, BASF SE offers a wide range of antioxidants including butylated hydroxytoluene for various applications in industries such as food, pharmaceuticals, and animal nutrition.
- **Eastman Chemical Company**: Eastman Chemical Company is another prominent player known for its high-quality butylated hydroxytoluene products that cater to the demand from the food industry, pharmaceutical sector, and other end-use industries.
- **Merck KGaA**: Merck KGaA is a leading supplier of butylated hydroxytoluene with a strong presence in the pharmaceutical and cosmetics sectors, providing customers with reliable antioxidant solutions.
- **ICL Food SpecialtiesBHT (butylated hydroxytoluene) is a key antioxidant widely used in various industries such as food, pharmaceuticals, cosmetics, and animal feed. The global market for BHT is driven by the increasing demand for food preservation, rising awareness about the benefits of antioxidants, and the growth of end-use industries. The food grade segment dominates the market due to the widespread use of BHT in the food industry to prevent oxidation and extend the shelf life of products. BHT is extensively used in edible oils, fats, snacks, baked goods, and processed foods to maintain their quality and freshness, thus driving its adoption in the food and beverage sector.
In the pharmaceutical industry, BHT is utilized in formulations to enhance the stability and efficacy of drugs by preventing degradation caused by oxidation. The growing pharmaceutical sector, coupled with the increasing emphasis on product quality and safety, is expected to fuel the demand for BHT in pharmaceutical applications. Moreover, the cosmetics industry also relies on BHT for its antioxidant properties, which help in extending the shelf life of skincare and personal care products. The rising consumer awareness regarding the use of natural ingredients and the demand for anti-aging products are propelling the adoption of BHT in the cosmetics industry.
Additionally, BHT finds significant application in the animal feed industry to prevent the oxidation of nutrients and maintain the quality of feed ingredients. With the increasing focus on animal health and the quality of animal-derived products, the demand for BHT in the animal feed sector is expected to grow steadily. The versatile applications of BHT across multiple industries make it a valuable ingredient, driving its demand globally.
Key players in the global BHT market such as BASF SE, Eastman Chemical Company, Merck KGaA, and ICL Food Specialties are focusing on product innovation, strategic partnerships, and expansion strategies to strengthen their market presence. These companies are investing in research and development initiatives to introduce advanced antioxidant solutions and cater to the evolving needs of customers across different industries.**Market Players**
- **LANXESS (Germany)**
- **Sasol (South Africa)**
- **Eastman Chemical Company (U.S.)**
- **OXIRIS (Spain)**
- **HELM AG (Germany)**
- **Finoric LLC (U.S.)**
- **Honshu Chemical Industry Co. Ltd (Japan)**
- **Twinkle Chemi Lab Pvt Ltd (India)**
- **Yasho Industries (India)**
- **Milestone Preservatives Pvt Ltd. (India)**
- **FINAR CHEMICALS (India)**
- **Caldic B.V. (Netherlands)**
- **Impextraco NV (Belgium)**
- **Parchem Fine & Specialty Chemicals (U.S.)**
- **Perstorp (Sweden)**
- **KH Chemicals (Netherlands)**
- **DOUBLE BOND CHEMICAL IND., CO., LTD. (Taiwan)**
- **Astrra Chemicals (India)**
- **Ottokemi (India)**
**Market Analysis**
The global market for butylated hydroxytoluene (BHT) continues to witness significant growth driven by the increasing demand for food preservation, rising awareness about the benefits of antioxidants, and the growth of end-use industries. The food grade segment remains dominant in the market due to the widespread use of BHT in the food industry to prevent oxidation and extend the shelf
Table Of Content
1 Introduction
1.1 Objectives Of The Study
1.2 Butylated Hydroxytoluene Market Definition
1.3 Overview
1.4 Limitations
1.5 Markets Covered
2 Butylated Hydroxytoluene Market Segmentation
2.1 Butylated Hydroxytoluene Market Covered
2.2 Geographical Scope
2.3 Years Considered For The Study
2.4 Currency And Pricing
2.5 Dbmr Tripod Data Validation Model
2.6 Multivariate Modeling
2.7 Primary Interviews With Key Opinion Leaders
2.8 Dbmr Butylated Hydroxytoluene Market Position Grid
2.9 Dbmr Vendor Share Analysis
2.1 Secondary Sources
2.11 Assumptions
3 Executive Summary.............
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