Butylated Hydroxytoluene (BHT) Market Report: Trends, Forecast and Competitive Analysis
The future of the butylated hydroxytoluene market looks promising with opportunities in the plastic and rubbers, food and beverages, animal feed, and personal care industries. The global butylated hydroxytoluene market is expected to grow with a CAGR of 4%-5% from 2020 to 2025. The major drivers for this market are growth in plastic production worldwide and high demand from the prepared food industry.
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The study includes trends and forecast for the global butylated hydroxytoluene market by end use industries, grade, functionality, and region as follows:
By End Use Industry [Value ($ Million) shipment analysis for 2014 – 2025]:
- Plastics and Rubbers
- Food and Beverages
- Animal Feed
- Personal Care
- Others
By Grade [Value ($ Million) shipment analysis for 2014 – 2025]:
- Food Grade
- Technical Grade
By Functionality [Value ($ Million) shipment analysis for 2014 – 2025]:
- Food Preservatives
- Antioxidants
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
- North America
- United States
- Canada
- Mexico
- Europe
- Italy
- United Kingdom
- German
- France
- Asia Pacific
- China
- India
- South Korea
- Japan
- The Rest of the World
- Brazil
Some of the butylated hydroxytoluene companies profiled in this report include Sasol Limited, Lanxess AG, Eastman Chemical Company, Oxiris Chemicals S.A., HELM AG, Finoric Llc, Honshu Chemical Industry Co. Ltd, Twinkle Chemi Lab Pvt Ltd., Yasho Industries Limited, Milestone Preservatives Pvt Ltd, and Finar Limited.
Lucintel forecasts that technical grade of butylated hydroxytoluene will remain the largest segment over the forecast period due to growing consumption of BHT as an antioxidant in plastics, rubbers and elastomers, lubricating and specialty oils, industrial fats, oils and fatty acids, bio-diesel fuel blends, linseed, soy and other plant-derived oils, and printing inks and coatings to maintain stability, to mitigate deterioration.
Within this market, the food and beverage industry will remain the largest segment by end use industries over the forecast period due to rise in health consciousness among consumers and increase in intake of proteins.
Asia Pacific will remain the largest region over the forecast period due to stringent regulations for the control of VOC emissions, rising disposal income, and growing population in the region.
Features of the Global Butylated Hydroxytoluene Market
- Market Size Estimates: Global butylated hydroxytoluene market size estimation in terms of value ($M) shipment.
- Trend and Forecast Analysis: Market trends (2014-2019) and forecast (2020-2025) by various segments.
- Segmentation Analysis: Global butylated hydroxytoluene market size by various segments, such as end use industries, grade, and functionality in terms of value.
- Regional Analysis: Global butylated hydroxytoluene market breakdown by the North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different end use industries, grade, functionality, and region for the global butylated hydroxytoluene market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the global butylated hydroxytoluene market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers following key questions
Q.1 What are some of the most promising potential, high-growth opportunities for the global butylated hydroxytoluene market by end use industries (plastic and rubbers, food and beverage, animal feed, personal care, and others), grade (food grade and technical grade), functionality (food preservatives and antioxidants), and region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which region will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the global butylated hydroxytoluene market?
Q.5 What are the business risks and threats to the global butylated hydroxytoluene market?
Q.6 What are emerging trends in this butylated hydroxytoluene market and the reasons behind them?
Q.7 What are some changing demands of customers in this butylated hydroxytoluene market?
Q.8 What are the new developments in this butylated hydroxytoluene market? Which companies are leading these developments?
Q.9 Who are the major players in this butylated hydroxytoluene market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this butylated hydroxytoluene market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the global butylated hydroxytoluene market?
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