Butylated Hydroxytoluene Market Size, Share, Industry, Forecast and outlook (2024-2031)

Butylated Hydroxytoluene Market is Segmented By Grade(Technical, Food, Others), By End-User(Plastic And Rubber, Animal Feed, Food and Beverage, Pharmaceuticals, Personal care, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030

Market Overview

The global butylated hydroxytoluene market reached US$ XX million in 2022 and is projected to witness lucrative growth by reaching up to US$ XX million by 2030. The market is growing at a CAGR of 5.60% during the forecast period (2023-2030).

Butyrate hydroxytoluene (BHT) is a synthetic antioxidant used as a preservative in food and other products to prevent oxidation and extend the product's shelf life. It is a common ingredient in food products such as cereal, snack foods and vegetable oils, as well as in other products such as cosmetics and personal care products. BHT works by scavenging free radicals, which are molecules that can cause oxidation and damage to cells and tissues. BHT is a cost-effective alternative to other preservatives, making it a popular choice for food and other industries.

Scope

Dynamics

Increasing application of BHT for increasing the shelf life of food and beverages

By 2050, the world's population is predicted to rise from around 7.7 billion to over 10 billion and the demand for grains for human and animal use may rise from roughly 2 billion tonnes in 2009 to approximately 3 billion tonnes. 

In order to feed a growing global population, food businesses must also do more to promote health and well-being and adjust to changing consumer habits. Butyrate hydroxytoluene (BHT) is a synthetic antioxidant that helps to prevent the oxidation of fats and oils in food products, which can lead to the formation of harmful compounds and a decrease in the shelf life of the product. 

The FDA accepts butylated hydroxytoluene for food items. Thus growing demand for BHT in the food and beverages market is expected to drive demand and sales growth in the global BHT market.

The negative impact of BHT on health

BHT has been linked to several health concerns, including potential carcinogenic effects, endocrine disruption and developmental and reproductive toxicity. As concluded from studies conducted on rats, male and female rats exposed repeatedly to BHT over a short period at equivalent dosages experienced toxic liver effects. Increased liver weight and reduced activity of numerous hepatic enzymes were seen in rats fed subchronically and after intraperitoneal administration of BHT at lower dosages. BHT application on the skin was linked to toxic effects on lung tissue in addition to effects on the liver and kidneys. The respective facts hamper the demand and sales of BHT, thus restraining the market.

Segment Analysis

The global butylated hydroxytoluene market is segmented based on grade, end-user and region.

The ability of BHT to offer improved performance and durability to plastic and rubber

The plastic and rubber end-user segment dominates the global butyrate hydroxytoluene market due to the wide range of applications of BHT in these industries. BHT is used as an antioxidant in plastic and rubber products to prevent oxidation and extend the shelf life of the materials. It is used in various plastic products, such as films, coatings and pipes and rubber products, such as tires, belts and hoses. Using BHT in these products helps improve the performance and durability of the materials, which is a major factor driving the growth of this end-user segment.

Source: DataM Intelligence Analysis (2023)

Geographical Penetration

The strong presence of major players and the leading manufacturing industry

The Asia-Pacific is the leading region for the butylated hydroxytoluene market. Japan, South Korea, India and China are the countries that are the largest producer of butylated hydroxytoluene molecules on a large scale as antioxidant agents. China is leading in Asia-Pacific due to its world-leading manufacturing industry. Many global corporations across various industrial domains are based in China. China and India are leading global producers of food & beverages, plastics, chemicals, petrochemicals and personal care. The highly skilled workforce, huge customer base and easy access to raw materials have propelled the region's industrial development.

Source: DataM Intelligence Analysis (2023)

Competitive Landscape

The major global players include Sasol Limited, Lanxess AG, Eastman Chemical Company, Impextraco oririse Chemicals S.A, Camlin Fine Science, Finoric LLC, Fanar Limited and Yasho Industries Limited, Jay Dinesh chemicals.

COVID-19 Impact Analysis

By Grade

• Technical
• Food
• Others

By End-User

• Plastic and Rubber
• Animal Feed
• Food and Beverage
• Pharmaceuticals
• Personal care
• Others

By Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Rest of Europe
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
• Middle East and Africa

Key Developments

• The European Food Safety Authority asked Lanxess to provide an expert opinion on the security and performance of butylated hydroxytoluene (BHT) as an animal feed ingredient by May 3, 2022. According to the relevant study, adding BHT is considered safe for weaned piglets and hens at the maximum recommended content of 150 mg/kg total meal. This result is generalized to include birds raised for egg production and pigs raised for fattening. As a result, the European Food Safety Authority approved Lanxess' BHT for use in animal food.
• On October 31, 2022, Oxiris Chemicals unveiled IONOL AQUA50, a brand-new aqueous dispersion of BHT. All species may safely consume the new substance, which was created exclusively for the nutrition of humans and animals. IONOL AQUA50 necessitates a lower prescription than other products to get the same benefits since it has a large proportion of BHT and other small-sized antioxidants distributed in an aqueous medium. Oil-based and aqueous versions of this item can be added to many product types.
• Florida Food Products, a provider of clean-label ingredient solutions, introduced VegStable on April 3, 2022. It is a novel plant-based antioxidant that contains BHT.

The global butylated hydroxytoluene market report would provide approximately 53 tables, 49 figures and 187 Pages.

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