Butylated Hydroxytoluene (BHT) is a synthetic antioxidant that is widely used in the chemical industry for its ability to inhibit the oxidation of substances. 

A synthetic antioxidant is a man-made substance designed to inhibit or neutralize the harmful effects of oxidative stress in biological systems. Oxidative stress occurs when there is an imbalance between the production of reactive oxygen species (ROS) and the body's ability to detoxify them, leading to potential damage to cells and tissues. Synthetic antioxidants are specifically engineered to scavenge ROS, preventing or minimizing their detrimental impact on cellular components like lipids, proteins, and DNA.

Here are some key aspects of BHT in the chemical industry:

1 . Industrial Applications:

• Antioxidant: BHT is primarily used as an antioxidant to prevent the oxidation of various substances, including fats, oils, and polymers. It helps to extend the shelf life of products by protecting them from the harmful effects of oxidation, such as rancidity and color changes.
• Plastics and Rubber Industry: BHT is commonly employed in the production of plastics and rubber to prevent degradation caused by exposure to oxygen and heat.
• Food Industry: It is also utilized as a food additive to preserve the freshness of certain food products, particularly those containing fats and oils.

2 . Major Supplier Countries:

• China is one of the major suppliers of Butylated Hydroxytoluene, producing a significant portion of the global supply. Chinese manufacturers often export BHT to various regions around the world.
• Other countries, including the United States, India, and European nations, also contribute to the production of BHT.

3 . Reasons for Demand:

• Increasing Use in Food Preservation: The demand for BHT is driven by the growing food industry, where it is used as a food preservative to extend the shelf life of products.
• Expanding Plastics and Rubber Industries: With the growth of the plastics and rubber industries, particularly in emerging economies, the demand for antioxidants like BHT has increased to protect these materials from degradation.
• Rising Demand for Polymers: The use of BHT in the production of polymers has surged due to the increasing demand for polymer-based products in various applications.
• Globalization of Supply Chains: As industries become more interconnected globally, the demand for BHT has risen in regions where its applications are expanding.

Back to top

4 . Global Market Overview:

• The global BHT market exhibited a size of US$ 264.01 million in 2022 and is projected to undergo a readjustment to US$ 229.61 million by 2029. The compound annual growth rate (CAGR) during the forecast period from 2023 to 2029 is estimated at 0.89%.
• This market volatility and readjustment may be influenced by factors such as changing industrial demands, regulatory considerations, and emerging market trends.
• Despite the overall market reduction, the growth rate suggests a resilient industry, possibly adapting to evolving applications and environmental considerations.

 

The global Butylated Hydroxytoluene (BHT) market is dynamic, with key players and regional markets experiencing various trends and changes.

 

Get this report

 

Regional Insights:

1. North America:

   • The North American market for BHT is expected to decrease from $23.23 million in 2023 to $21.51 million by 2029.
   • The negative CAGR of -1.27% may indicate factors such as regulatory changes, shifts in industrial practices, or the emergence of alternative products affecting the regional demand for BHT.

2. China:

   • The Chinese BHT market is forecasted to increase from $113.88 million in 2023 to $124.70 million by 2029, at a CAGR of 1.52%.
   • This growth suggests sustained demand, possibly driven by the expanding industrial sectors in China, such as plastics, rubber, and food preservation.

3. Europe:

   • The European BHT market is anticipated to grow modestly from $41.19 million in 2023 to $41.64 million by 2029, at a CAGR of 0.18%.
   • The relatively stable growth rate may be influenced by established industrial practices and regulatory frameworks in the region.

Back to top

5 . Key Manufacturers:

• Notable global manufacturers of BHT include Anhui Haihua Chemical, Jiangsu Maida New Materials, Sterlitamak Petrochemical Plant, LANXESS, Oxiris Chemicals, Nanjing Ningkang Chemical, Zaozhuang Hailong Chemical, Langfang Fengderun Chemical, Datang Chemical, Sasol, Honshu Chemical Industry, VDH Chem Tech, Milestone Preservatives, among others.
• In 2022, the top five players globally held a significant market share of approximately 56.61% in terms of sales volume and approximately 56.13% in revenue. This concentration suggests a competitive landscape with a few major players dominating the market.