Butylated Hydroxytoluene Market: Growth Drivers and Challenges
Growth Drivers
- Increasing Demand in the Food Industry: BHT is widely used as a food preservative to extend the shelf life of various food products, including oils, fats, and snacks. The global food preservatives sales, of which BHT is a significant part, was valued at around USD 2.5 billion in 2020.
- Expanding Cosmetic and Personal Care Industry: The beauty and personal care industry's growth has led to an increased demand for BHT in cosmetics and personal care products.
- Increasing Health and Wellness Awareness: Consumers' growing concerns about food safety and product quality have led to a higher demand for BHT as a food preservative, particularly in the context of extending shelf life and maintaining product freshness.
Challenges
- Health and Safety Concerns: There have been concerns and debates about the potential health risks associated with BHT consumption. Some studies have suggested that high levels of BHT intake may be linked to adverse health effects, including potential endocrine disruption and other health issues. As a result, there has been increased scrutiny from regulatory authorities and consumer advocacy groups, leading to calls for further research and potential restrictions on its use.
- Shift Towards Natural Alternatives
- Regulatory Changes
Butylated Hydroxytoluene (BHT) Market: Key Insights
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
5.6% |
Base Year Market Size (2024) |
USD 242.4 million |
Forecast Year Market Size (2037) |
USD 492.22 million |
Regional Scope |
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Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
2025 Butylated Hydroxytoluene Market is assessed at USD 253.26 million.
The global butylated hydroxytoluene market size was over USD 242.4 million in 2024 and is estimated to grow at a CAGR of over 5.6%, surpassing USD 492.22 million by 2037.
Asia Pacific is anticipated to record USD 187.04 million by 2037, attributed to its leadership in plastics production and widespread use of BHT in multiple industries.
The major players in the market are Lanxess AG, Eastman Chemical Company, Merck KGaA, SI Group, Inc., OXIRIS Chemicals S.A., Perstorp Group, Cargill, Incorporated, Impextraco NV, VDH Chemtech Pvt. Ltd., KH Chemicals