Butylated Hydroxytoluene Market By Size, Status And Forecast 2026
Posted by Mangesh on June 11th, 2019
Butylated Hydroxytoluene (BHT), also known as dibutyl hydroxytoluene, is as an antioxidant derived from phenol. BHT is found in bacteria such as green algae. For industrial purposes, it is produced through the reaction of 4-methyl phenol with 2-methyl propene. BHT is chiefly used as food preservative due to its antioxidant properties. In addition, it is used to avoid oxidation in industrial additive fluids such as oil and fuel.
The global butylated hydroxytoluene market has witnessed significant growth due to the expansion of cosmetics industry, as butylated hydroxytoluene is used as a stabilizer in cosmetics. Moreover, the use of butylated hydroxytoluene as an animal feed to enhance disease resistance in animals drives the market growth.
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In addition, the expansion of plastic and rubber industries supplements the growth of the market. However, adverse effects of butylated hydroxytoluene on animals and humans hampers the market growth. The development of the cosmetics industry in the emerging economies such as India, Brazil, South Africa, and Middle East is expected to provide lucrative opportunities for the market.
The global butylated hydroxytoluene market is segmented based on application, end-user industry, and geography. On the basis of application, the market is categorized into food additives, fuel additives, industrial additives, polymeric ingredients, pesticide ingredients, cosmetic ingredients, and others. Oil & gas, food & beverages, consumer products, aerospace, automotive, and others are the applications of butylated hydroxytoluene. Based on geography, the market is classified into North America, Europe, Asia-Pacific, and LAMEA.
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The major players operating in the global market focus on key market strategies such as mergers, acquisitions, collaborations, and partnerships.
The Major key players Are:
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About the AuthorMangesh
Joined: March 8th, 2019
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