The global Butylated Hydroxytoluene (BHT) market is projected to grow at a CAGR of 4%-5% during 2020-2025. The growth of butylated hydroxytoluene (BHT) market is driven by growth in plastic production worldwide and high demand from the prepared food industry.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the butylated hydroxytoluene (BHT)
market by end use industries (plastic and rubbers, food and beverage, animal
feed, personal care, and others), grade (food grade and technical grade),
functionality (food preservatives and antioxidants), and region (North America,
Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the butylated hydroxytoluene (BHT) market?
Q.4 What are some
changing demands of customers in the butylated hydroxytoluene (BHT) market?
Q.5 What are the new
developments in the butylated hydroxytoluene (BHT) market? Which companies are
leading these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this butylated hydroxytoluene (BHT) area
and how big of a threat do they pose for loss of market share via product
substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this butylated hydroxytoluene (BHT)
market?
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Market Segmentation:
Based on grade, the butylated
hydroxytoluene (BHT) market is segmented into food grade and technical grade. The
technical grade segment is accounted for the largest share of the market in
2020 due to growing
consumption of BHT as an antioxidant in plastics, rubbers and elastomers,
lubricating and specialty oils, industrial fats, oils and fatty acids,
bio-diesel fuel blends, linseed, soy and other plant-derived oils, and printing
inks and coatings to maintain stability, to mitigate deterioration.
Asia Pacific is expected
to be the largest region over the forecast period due to stringent regulations
for the control of VOC emissions, rising disposal income, and growing
population in the region.
Key Players in the butylated
hydroxytoluene (BHT) market are ExxonMobil, Royal Dutch Shell, BP Plc, Fuchs
Petrolub, Chevron, Idemitsu Kosan, Dow, BASF, and Petroliam Nasional Berhad.
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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers, restraints,
challenges, and opportunities for market growth. It would also help to
understand the competitors better and gain more insights to improve their
position in the business.
To read more about this market please click on
https://www.lucintel.com/butylated-hydroxytoluene-market.aspx
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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