The Butylated Hydroxytoluene market had reached xxx million USD with a CAGR xx from 2015-2019. Later on, it will go to xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
Butylated Hydroxytoluene (BHT) is found in bacteria such as green algae. It is also known as dibutyl hydroxytoluene, is as an antioxidant derived from phenol.
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.
In the global Butylated Hydroxytoluene market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.
In global market, the following companies are covered:
Cargill Incorporated
Caldic
Impextraco
LANXESS
Parchem Fine & Specialty Chemicals
Perstorp Group
Milestone Preservatives
KH Chemicals
Eastman Chemical Company
Merisol
Market Segment by Product Type:
Oil & Gas
Food & Beverages
Consumer Products
Aerospace
Automotive
Others
Market Segment by Application:
Food Additives
Fuel Additives
Industrial Additives
Polymeric Ingredients
Pesticide Ingredients
Cosmetic Ingredients
Others
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Butylated Hydroxytoluene market for the forecast period 2020 - 2025?
• What are the driving forces in the Butylated Hydroxytoluene market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Butylated Hydroxytoluene industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?