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Butylated Hydroxytoluene Market by Grade (Food Grade, Technical Grade), End-Use Industry (Plastics & Rubbers, Food & Beverages, Animal Feed, Personal Care), Region (APAC, Europe, North America, South America, MEA) - Global Forecast to 2024

Butylated Hydroxytoluene Market by Grade (Food Grade, Technical Grade), End-Use Industry (Plastics & Rubbers, Food & Beverages, Animal Feed, Personal Care), Region (APAC, Europe, North America, South America, MEA) - Global Forecast to 2024

“The butylated hydroxytoluene (BHT) market is projected to register a CAGR of 5.3% between 2019 and 2024.”
The global BHT market is estimated to be USD 218 million in 2019 and is projected to reach USD 282 million by 2024, at a CAGR of 5.3% during the same period. The increasing demand for BHT in various end-use industries as an antioxidant to retard deterioration, to maintain color, stability, and flavor is expected to drive the demand for BHT. Growing concerns regarding the use in the food & beverages industry are restraining the demand for BHT.

“Technical grade is the faster-growing segment of the BHT market.”
The market for technical grade is projected to register the higher CAGR during the forecast period. This high growth is mainly attributed to demand for BHT as an antioxidant in plastics, rubbers, coatings, printing inks, lubricants, biodiesel, and elastomers. Industrial growth in APAC especially in the agrochemicals, printing inks, coatings industries is driving the demand for BHT.

“Plastics & rubbers is the largest end-use industry segment of the BHT market.”
Plastics & rubbers is projected to be the largest end-use industry segment of the BHT market. The growing per capita plastics consumption especially in packaging, automotive, and building & construction is driving the demand for plastics more than global GDP growth rate. Hence, many international plastics manufacturers have commenced manufacturing facilities in Asia Pacific and North America. This in turn is diving the demand for BHT in the plastics & rubbers end-use industry.

“Asia Pacific is projected to be the largest BHT market.”
The BHT market has been studied for Asia Pacific, North America, Europe, South America, and the Middle East & Africa. Asia Pacific is projected to be the largest butylated hydroxytoluene market. The high demand is mainly attributed to industrial growth of the region. APAC is a hub for plastics, personal care, animal feed chemical, food & beverages, and pharmaceutical industries. Many foreign investors commenced the manufacturing facilities in the region due to low production costs. This in turn is driving the demand for BHT in the region.

Breakdown of profiles of primary interviews for the report on the BHT market

By Company Type - Tier 1 - 41%, Tier 2 -24%, and Tier 3 - 35%
By Designation - C Level - 50%, Director Level - 25%, and Others - 25%
By Region -North America - 33%, Europe - 28%, Asia Pacific - 25%, South America - 9%, Middle East & Africa - 5%

Sasol Limited (South Africa), Lanxess AG (Germany), Eastman Chemical Company (US), Oxiris Chemicals S.A.(Spain), HELM AG (Germany), Finoric Llc (US), Honshu Chemical Industry Co. Ltd (Japan), Twinkle Chemi Lab Pvt Ltd (India), Yasho Industries Limited (India), Milestone Preservatives Pvt Ltd (India), and Finar Limited (India) are the leading manufacturers of BHT globally.

Research Coverage:
The report covers the BHT market on the basis of grade, end-use industry, and region. This study aims at estimating the size and future growth potential of the market across various segmentation types. It also includes an in-depth competitive analysis of the key market players along with their profiles and key growth strategies.

Key Benefits of Buying the Report
From an insight perspective, this report has been focusing on various levels of analyses, which include industry analysis (industry trends) and company profiles. These insights together comprise and discuss the basic views on the competitive landscape, emerging and high-growth segments of the BHT market, high-growth regions, and drivers, restraints, opportunities, and challenges in the market.

The report provides insights into the following pointers:
Market Penetration: Comprehensive information on BHT offered by the top players operating in the market

Product Development/Innovation: Detailed insight into upcoming technologies, R&D activities, and new applications in the BHT market

Market Development: Comprehensive information about the lucrative and emerging markets. The report analyzes the markets for butylated hydroxytoluene across different regions

Market Diversification: Exhaustive information about untapped geographies, recent developments, and investments in the BHT market

Competitive Assessment: In-depth assessment of strategies, products, and manufacturing capabilities of leading players in the BHT market


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • BHT MARKET SEGMENTATION
      • REGIONS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • UNIT CONSIDERED
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • DATA TRIANGULATION
    • ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • SIGNIFICANT OPPORTUNITIES IN THE BHT MARKET
    • BHT MARKET, BY END-USE INDUSTRY
    • BHT MARKET, BY GRADE AND REGION
    • BHT MARKET, BY COUNTRY
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • PORTER'S FIVE FORCES ANALYSIS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • INTENSITY OF COMPETITIVE RIVALRY
    • MACROECONOMIC INDICATORS
      • Table REAL GDP GROWTH, 2014-2019
  • BHT MARKET, BY GRADE
    • INTRODUCTION
      • Table BHT MARKET SIZE, BY GRADE, 2017-2024 (TON)
      • Table BHT MARKET SIZE, BY GRADE, 2017-2024 (USD MILLION)
    • TECHNICAL GRADE
      • INCREASING PLASTICS PRODUCTION TO DRIVE THE TECHNICAL GRADE SEGMENT
    • FOOD GRADE
      • FOOD GRADE BHT DRIVEN BY HIGH DEMAND IN CHEWING GUMS
  • BHT MARKET, BY END-USE INDUSTRY
    • INTRODUCTION
      • Table BHT MARKET SIZE, BY END-USE INDUSTRY, 2017-2024 (TON)
    • PLASTICS & RUBBERS
      • DEMAND FOR BHT IN POLYPROPYLENE AND POLYETHYLENE STABILIZATION WILL DRIVE THE MARKET
    • FOOD & BEVERAGES
      • THE USE OF BHT IS FOOD & BEVERAGES INDUSTRY IS CHARACTERIZED BY STRINGENT REGULATIONS
    • ANIMAL FEED
      • DEMAND IN POULTRY FEED BOOSTS THE MARKET IN ANIMAL FEED SEGMENT
    • PERSONAL CARE
      • MAKEUP PRODUCTS IN THE PERSONAL CARE SEGMENT IS INCREASING THE DEMAND FOR BHT
    • OTHERS
  • BHT MARKET, BY REGION
    • INTRODUCTION
      • Table BHT MARKET SIZE, BY REGION, 2017-2024 (TON)
      • Table BHT MARKET SIZE, BY REGION, 2017-2024 (USD MILLION)
    • APAC
      • Table APAC: BHT MARKET SIZE, BY COUNTRY, 2017-2024 (TON)
      • Table APAC: BHT MARKET SIZE, BY COUNTRY, 2017-2024 (USD MILLION)
      • Table APAC: BHT MARKET SIZE, BY GRADE, 2017-2024 (TON)
      • Table APAC: BHT MARKET SIZE, BY GRADE, 2017-2024 (USD MILLION)
      • Table APAC: BHT MARKET SIZE, BY END-USE INDUSTRY, 2017-2024 (TON)
      • CHINA
        • Table CHINA: BHT MARKET SIZE, BY GRADE, 2017-2024 (TON)
        • Table CHINA: BHT MARKET SIZE, BY END-USE INDUSTRY, 2017-2024 (TON)
      • JAPAN
        • Table JAPAN: BHT MARKET SIZE, BY GRADE, 2017-2024 (TON)
        • Table JAPAN: BHT MARKET SIZE, BY END-USE INDUSTRY, 2017-2024 (TON)
      • INDIA
        • Table INDIA: BHT MARKET SIZE, BY GRADE, 2017-2024 (TON)
        • Table INDIA: BHT MARKET SIZE, BY END-USE INDUSTRY, 2017-2024 (TON)
      • REST OF APAC
        • Table REST OD APAC: BHT MARKET SIZE, BY GRADE, 2017-2024 (TON)
        • Table REST OD APAC: BHT MARKET SIZE, BY END-USE INDUSTRY, 2017-2024 (TON)
    • NORTH AMERICA
      • Table NORTH AMERICA: BHT MARKET SIZE, BY COUNTRY, 2017-2024 (TON)
      • Table NORTH AMERICA: BHT MARKET SIZE, BY COUNTRY, 2017-2024 (USD MILLION)
      • Table NORTH AMERICA: BHT MARKET SIZE, BY GRADE, 2017-2024 (TON)
      • Table NORTH AMERICA: BHT MARKET SIZE, BY GRADE, 2017-2024 (USD MILLION)
      • Table NORTH AMERICA: BHT MARKET SIZE, BY END-USE INDUSTRY, 2017-2024 (TON)
      • US
        • Table US: BHT MARKET SIZE, BY GRADE, 2017-2024 (TON)
        • Table US: BHT MARKET SIZE, BY END-USE INDUSTRY, 2017-2024 (TON)
      • CANADA
        • Table CANADA: BHT MARKET SIZE, BY GRADE, 2017-2024 (TON)
        • Table CANADA: BHT MARKET SIZE, BY END-USE INDUSTRY, 2017-2024 (TON)
      • MEXICO
        • Table MEXICO: BHT MARKET SIZE, BY GRADE, 2017-2024 (TON)
        • Table MEXICO: BHT MARKET SIZE, BY END-USE INDUSTRY, 2017-2024 (TON)
    • EUROPE
      • Table EUROPE: BHT MARKET SIZE, BY COUNTRY, 2017-2024 (TON)
      • Table EUROPE: BHT MARKET SIZE, BY COUNTRY, 2017-2024 (USD MILLION)
      • Table EUROPE: BHT MARKET SIZE, BY GRADE, 2017-2024 (TON)
      • Table EUROPE: BHT MARKET SIZE, BY GRADE, 2017-2024 (USD MILLION)
      • Table EUROPE: BHT MARKET SIZE, BY END-USE INDUSTRY, 2017-2024 (TON)
      • WESTERN EUROPE
        • Table GERMANY: BHT MARKET SIZE, BY GRADE, 2017-2024 (TON)
        • Table GERMANY: BHT MARKET SIZE, BY END-USE INDUSTRY, 2017-2024 (TON)
        • Table ITALY: BHT MARKET SIZE, BY GRADE, 2017-2024 (TON)
        • Table ITALY: BHT MARKET SIZE, BY END-USE INDUSTRY, 2017-2024 (TON)
        • Table FRANCE: BHT MARKET SIZE, BY GRADE, 2017-2024 (TON)
        • Table FRANCE: BHT MARKET SIZE, BY END-USE INDUSTRY, 2017-2024 (TON)
        • Table SPAIN: BHT MARKET SIZE, BY GRADE, 2017-2024 (TON)
        • Table SPAIN: BHT MARKET SIZE, BY END-USE INDUSTRY, 2017-2024 (TON)
        • Table UK: BHT MARKET SIZE, BY GRADE, 2017-2024 (TON)
        • Table UK: BHT MARKET SIZE, BY END-USE INDUSTRY, 2017-2024 (TON)
        • Table REST OF WESTERN EUROPE: BHT MARKET SIZE, BY GRADE, 2017-2024 (TON)
        • Table REST OF WESTERN EUROPE: BHT MARKET SIZE, BY END-USE INDUSTRY, 2017-2024 (TON)
      • CENTRAL & EASTERN EUROPE
        • Table RUSSIA: BHT MARKET SIZE, BY GRADE, 2017-2024 (TON)
        • Table RUSSIA: BHT MARKET SIZE, BY END-USE INDUSTRY, 2017-2024 (TON)
        • Table TURKEY: BHT MARKET SIZE, BY GRADE, 2017-2024 (TON)
        • Table TURKEY: BHT MARKET SIZE, BY END-USE INDUSTRY, 2017-2024 (TON)
        • Table REST OF CENTRAL & EASTERN EUROPE: BHT MARKET SIZE, BY GRADE, 2017-2024 (TON)
        • Table REST OF CENTRAL & EASTERN EUROPE: BHT MARKET SIZE, BY END-USE INDUSTRY, 2017-2024 (TON)
    • MIDDLE EAST & AFRICA
      • Table MIDDLE EAST & AFRICA: BHT MARKET SIZE, BY COUNTRY, 2017-2024 (TON)
      • Table MIDDLE EAST & AFRICA: BHT MARKET SIZE, BY COUNTRY, 2017-2024 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: BHT MARKET SIZE, BY GRADE, 2017-2024 (TON)
      • Table MIDDLE EAST & AFRICA: BHT MARKET SIZE, BY GRADE, 2017-2024 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: BHT MARKET SIZE, BY END-USE INDUSTRY, 2017-2024 (TON)
      • IRAN
        • Table IRAN: BHT MARKET SIZE, BY GRADE, 2017-2024 (TON)
        • Table IRAN: BHT MARKET SIZE, BY END-USE INDUSTRY, 2017-2024 (TON)
      • SAUDI ARABIA
        • Table SAUDI ARABIA: BHT MARKET SIZE, BY GRADE, 2017-2024 (TON)
        • Table SAUDI ARABIA: BHT MARKET SIZE, BY END-USE INDUSTRY, 2017-2024 (TON)
      • REST OF MIDDLE EAST & AFRICA
        • Table REST OF MIDDLE EAST AND AFRICA : BHT MARKET SIZE, BY GRADE, 2017-2024 (TON)
        • Table REST OF MIDDLE EAST AND AFRICA: BHT MARKET SIZE, BY END-USE INDUSTRY, 2017-2024 (TON)
    • SOUTH AMERICA
      • Table SOUTH AMERICA: BHT MARKET SIZE, BY COUNTRY, 2017-2024 (TON)
      • Table SOUTH AMERICA: BHT MARKET SIZE, BY COUNTRY, 2017-2024 (USD MILLION)
      • Table SOUTH AMERICA: BHT MARKET SIZE, BY GRADE, 2017-2024 (TON)
      • Table SOUTH AMERICA: BHT MARKET SIZE, BY GRADE, 2017-2024 (USD MILLION)
      • Table SOUTH AMERICA: BHT MARKET SIZE, BY END-USE INDUSTRY, 2017-2024 (TON)
      • BRAZIL
        • Table BRAZIL: BHT MARKET SIZE, BY GRADE, 2017-2024 (TON)
        • Table BRAZIL: BHT MARKET SIZE, BY END-USE INDUSTRY, 2017-2024 (TON)
      • ARGENTINA
        • Table ARGENTINA : BHT MARKET SIZE, BY GRADE, 2017-2024 (TON)
        • Table ARGENTINA: BHT MARKET SIZE, BY END-USE INDUSTRY, 2017-2024 (TON)
      • REST OF SOUTH AMERICA
        • Table REST OF SOUTH AMERICA : BHT MARKET SIZE, BY GRADE, 2017-2024 (TON)
        • Table REST OF SOUTH AMERICA: BHT MARKET SIZE, BY END-USE INDUSTRY, 2017-2024 (TON)
  • COMPETITIVE LANDSCAPE
    • INTRODUCTION
    • COMPETITIVE LEADERSHIP MAPPING
      • INNOVATORS
      • VISIONARY LEADERS
      • EMERGING
    • MARKET RANKING
  • COMPANY PROFILES
    • SASOL LIMITED
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • LANXESS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • EASTMAN CHEMICAL COMPANY
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • HELM AG
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • OXIRIS CHEMICALS S.A.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • FINORIC LLC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • FINAR LIMITED
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • YASHO INDUSTRIES LIMITED
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • MILESTONE PRESERVATIVES PVT. LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • TWINKLE CHEMI LAB PVT. LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • OTHER KEY PLAYERS
      • DOUBLE BOND CHEMICAL IND., CO., LTD.
      • HONSHU CHEMICAL INDUSTRY CO., LTD.
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • 1.5 RELATED REPORTS
    • AUTHOR DETAILS

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