Global Butylated Hydroxyanisole (BHA) and Butylated Hydroxytoluene (BHT) Sales Market Report 2023

SKU ID : QYR-23270630

No. of pages : 139

Publishing Date : 24-Mar-2023

Butylated hydroxytoluene (BHT), also known as dibutylhydroxytoluene, is a lipophilic organic compound, chemically a derivative of phenol, that is useful for its antioxidant properties. European and U.S. regulations allow small amounts to be used as a food additive. In addition to this use, BHT is widely used to prevent oxidation in fluids (e.g. fuel, oil) and other materials where free radicals must be controlled.

Butylated hydroxyanisole (BHA) is an antioxidant consisting of a mixture of two isomeric organic compounds, 2-tert-butyl-4-hydroxyanisole and 3-tert-butyl-4-hydroxyanisole. It is prepared from 4-methoxyphenol and isobutylene. It is a waxy solid used as a food additive with the E number E320. The primary use for BHA is as an antioxidant and preservative in food, food packaging, animal feed, cosmetics, rubber, and petroleum products. BHA also is commonly used in medicines, such as isotretinoin, lovastatin, and simvastatin, among others.

Market Analysis and Insights: Global Butylated Hydroxyanisole (BHA) and Butylated Hydroxytoluene (BHT) Market

Due to the COVID-19 pandemic, the global Butylated Hydroxyanisole (BHA) and Butylated Hydroxytoluene (BHT) market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2029 with a CAGR of % during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Butylated Hydroxytoluen accounting for % of the Butylated Hydroxyanisole (BHA) and Butylated Hydroxytoluene (BHT) global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Rubber/Plastic segment is altered to an % CAGR throughout this forecast period.

The United States Butylated Hydroxyanisole (BHA) and Butylated Hydroxytoluene (BHT) market is estimated at US$ million in 2022, while China was US$ million. The proportion of the United States is % in 2022, while Chinese percentage was %, and it is predicted that China share will reach % in 2029, trailing a CAGR of % through the analysis period.

The global key manufacturers of Butylated Hydroxyanisole (BHA) and Butylated Hydroxytoluene (BHT) include BASF, MOLEKULA, DuPont, Archer Daniels Midland, Honeywell International Inc, Cargill Inc, Celanese Corp., Eastman Chemical Co. and Tetra Pak, etc. In 2022, the global top five players occupied for a share approximately % in terms of revenue.

In United States, in terms of sales revenue, in 2022, the top three players hold a share about %, while in China, top three players hold a share nearly %.

Global Butylated Hydroxyanisole (BHA) and Butylated Hydroxytoluene (BHT) Scope and Market Size

The global Butylated Hydroxyanisole (BHA) and Butylated Hydroxytoluene (BHT) market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Butylated Hydroxyanisole (BHA) and Butylated Hydroxytoluene (BHT) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.


Segment by Type


Butylated Hydroxytoluen

Butylated Hydroxyanisole


Segment by Application


Rubber/Plastic

Food

Fuel

Cosmetic

By Region

United States

Europe

China

Japan

Southeast Asia

India

Other Regions


By Company


BASF

MOLEKULA

DuPont

Archer Daniels Midland

Honeywell International Inc

Cargill Inc

Celanese Corp.

Eastman Chemical Co.

Tetra Pak

Ball CorpCrown

Holdings Inc

Amcor

Tyson Foods Inc.

Kraft-Heinz Co.

STERIS Applied Sterilization Technologies

Caldic

LANXESS

Impextraco

Perstorp Group


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