The butylated hydroxytoluene market is projected to grow considerably during the forecast period
The growing needs of the food and beverage, as well as the oil and gas industries, are driving up the global demand for butylated hydroxytoluene, and this trend is expected to continue throughout the forecast period. To control free radicals in fluids such as fuel, oil, and other materials, butylated hydroxytoluene is frequently used to stop oxidation. Furthermore, during the projection period, the demand for the butylated hydroxytoluene industry will be driven by the growing use of this substance in rubber and plastic. Butylated hydroxytoluene is also a common food additive that keeps food from spoiling by going rancid through the oxidation process.
Butylated hydroxytoluene (BHT) market growth will be accelerated by the growing demand for food additives brought on by an increase in the consumption of processed foods, such as meat, noodles, and ready-to-cook vegetables. The product's antioxidant and preservative qualities will aid in preventing food from spoiling, which will accelerate market growth throughout the projected period. Additionally, the manufacturing sector's expansion was made possible by the notable increase in industrialization. This has caused the equipment processing industry to have a high demand for lubricants. Because of its advantageous thermal deterioration property in the lubricant industry, butylated hydroxytoluene (BHT) is experiencing rapid market expansion.
The rubber and plastics industries make extensive use of butylated hydroxytoluene because of its antioxidant properties, and over the course of the forecast period, its use is predicted to increase significantly. Rubber was previously covered in antioxidants to prevent oxidation; however, as soon as the protective layer is removed, the rubber becomes vulnerable to oxidation. To avoid this, chemicals are mixed into the rubber during mixing rather than applied to the rubber's surface. Furthermore, the World Economic Forum projects that the world's plastic production will triple by 2050. Consequently, it is anticipated that the butylated hydroxytoluene market will be driven by the rising demand for plastics.
Food-grade antioxidant butylated hydroxytoluene is used to postpone the oxidative rancidity of fats and oils, extending the shelf life of food and cosmetics. When the total amount of antioxidants in food does not surpass 0.02% of the food's fat or oil content, it is considered safe for use. BHT species functions mainly as a terminating agent that inhibits autoxidation, much like a synthetic analog of vitamin E. BHT transforms peroxyl radicals into hydroperoxides, which halts this autocatalytic process. When kept in their original container, unopened, and under normal (below 77 °F) dry conditions, BHT food grade remains stable for extended periods.
Butylated hydroxytoluene (BHT) is widely used in the production of cosmetic products, and this trend is expected to continue throughout the forecast period. The product slows down the chemical reaction that causes cosmetics to deteriorate in the presence of oxygen by acting as an antioxidant and preservative. Because of factors like population growth, rising living standards, and an increase in e-commerce, there is a greater need for cosmetics, which raises the need for butylated hydroxytoluene.
Butylated Hydroxytoluene (BHT) is used as an antioxidant and stabilizer in pharmaceutical products, which drives the BHT market in the pharmaceutical sector. BHT preserves the effectiveness and quality of pharmaceutical formulations by preventing drug degradation. According to a study that was published in the International Journal of Pharmacy and Pharmaceutical Sciences, BHT significantly extended the stability and shelf life of a medication formulation that contained a sensitive active ingredient. The World Health Organisation (WHO) reports that improper storage can result in a reduction in the shelf life and effectiveness of more than 50% of medications. By preserving drug stability, BHT's use in pharmaceutical formulations can help address this problem.
Diesel oxidation catalysts, or DOCs, are primarily utilized in compression-ignition engines, like diesel engines. This device converts hydrocarbons to water and carbon dioxide, and carbon monoxide to carbon dioxide using oxygen found in the exhaust gas stream. These converters are also known to operate at 90% efficiency, eliminating the smell of diesel and lowering observable particulates. During the forecast period, there will be a rise in demand for diesel oxidation catalysts (DOC), as they aid in the breakdown of solid particulates in engine exhaust systems of industrial machinery and vehicles, thereby reducing the number of harmful pollutants released into the environment.
Due in large part to rising consumption from nations like China and India, the Asia-Pacific region is predicted to grow rapidly over the projection period. Furthermore, there will probably be an increase in demand for rubber tires as a result of China's growing auto industry, which will boost the butylated hydroxytoluene market. Furthermore, the Indian e-commerce market is predicted to grow at an accelerating rate and overtake the US market to become the second largest in the world by 2034, according to the India Brand Equity Foundation.
| Report Metric | Details |
|---|---|
| Growth Rate | CAGR during the forecast period |
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Segmentation | Grade, Structure, End-User, Geography |
| Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| Companies |
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