Antioxidant BHT Market Size, Trends and Insights By Type (Natural, Synthetic), By Application (food and feed additives, Fuel and lubricant additives, Pharmaceutical and personal care products, Plastic and rubber additives), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
| Study Period: | 2024-2033 |
| Fastest Growing Market: | Asia-Pacific |
| Largest Market: | Europe |
Major Players
- Kemin Industries Inc. (US)
- BASF SE (Germany)
- Koninklijke DSM N.V. (Netherlands)
- Others
Reports Description
According to Custom Market Insights (CMI), The Global Antioxidant BHT Market Size was valued at USD 227.3 million in 2021, and is expected to reach USD 235.7 million in 2022 and is estimated to reach USD 339.4 million by the end of 2030 at a CAGR of approximately 5.3% during the forecast period 2022-2030.
Antioxidant BHT has antioxidant properties, and it is derived from phenol. This product, as discussed under oxidants of the synthetic variety and is utilized in the form of preservatives for gas and oil, preventing it from disintegrating and not allowing the state to change rapidly.
The food and beverages industry also uses antioxidants as a preservative, which is a great method of preserving the quality and texture of the food and beverages to increase the shelf life of the materials. Various consumption products are also preserved with the help of antioxidant BTH as a preservative which tends to Get disintegrated and spoil over a period resulting from the external impression of the environment.
Healthy tissue Is protected against any damage which is caused due to the stress caused by oxidation and does not allow the breeding of microorganisms and other fungi on the body of the product. Hence the quality and integrity of the material are maintained in a condition quite similar to its original fresh variety. The rapid increase in the number of industries worldwide that deal with the production and supply of meat makes use of antioxidants BTH as a preservative to protect the raw material from disintegrating and decomposition.
The absence of a qualitative preservative for the raw material will produce harmful enzymes in the food product, and it might lead to several serious diseases in the consumers. The rapidly increasing number of people who consume animal protein is increasing the need for potential preservatives that are not harmful to the health of the individual but at the same time maintain the quality of the product to a great extent. Consumption of meat is rapidly increasing in India and China due to changes in lifestyle practices and food habits, which demand protein intake, and this has helped to boost the size of the market to a great extent.
The pandemic outbreak had a considerable impact on the antioxidant market which resulted from the numerous rules and regulations imposed by the government in the form of lockdowns and restricted movement, which hampered the transportation facility to a great extent. The demand and supply chain were hampered due to the misconceptions spread by the people regarding the positive factor of the spread of the infection. With the rapidly increasing fashion of vegan diet and lifestyle, the demand for animal protein has reduced to a great extent and has shown a direct impact on the growth of the market. The healthcare industry’s high demand is facing a huge challenge.
Growth Factors
The primary use of antioxidant BHT is observed in the treatment of genital herpes, which is a serious condition. It also shows a tremendous effect in treating acquired immune deficiency syndrome, which is a severe wasting disease sexually transmitted. The superior properties contained in this product have increased demand in recent years. The multiple beneficial factors have helped the market to stand during the course of the pandemic. The disease resistance capacity of the individual is boosted with the help of such antioxidants. They are mainly contained in the cell membrane of the individual. The animal feed contains antioxidants in a higher concentration to protect it from degradation, and health supports the market’s growth to a great extent.
The cosmetic industry also uses this product to a great extent to protect the raw materials from getting destroyed. the growth of the market has been facilitated by the use of antioxidant beauty in the cosmetic industry. Elastomers and polymeric materials use antioxidant BTH to a great extent in the form of stabilizers. The high demand for plastic and rubber in the market has also boosted the demand for antioxidants. Increased R&D carried out by the key market players has encouraged people to opt for these advanced products, which maintain the chemical composition of the products.
The rapid demand for advanced preservatives, which help maintain the product’s properties while providing great protection from disintegration, has supported the market to show considerable growth during the forecast period. Huge investments made by the key market players to introduce modern preservatives into the market have emerged as a major factor in the growth of this sector. Long-term use of antioxidant BTH has shown a particular set of side effects that cannot be neglected and proves to be a challenge for market growth. The key market players conduct research and development programs to find solutions to avoid these complications.
Segmental insights
Segmentation of antioxidants BTH based on Type
Based on Type, the segment of synthetic preservatives has emerged as the largest market resulting from its huge demand among the people. The synthetic Type of antioxidants is obtained by chemically synthesizing them with the help of modern techniques, which are particularly used for food products, fuel, animal feed, etc. rather varieties available under this category are BHA, BHT, P.G., and TBHQ.
The concentration in which these synthetic preservatives or antioxidants are utilized differs according to the compound. This segment is also expected to maintain its superior position in the market during the forecast period. The cost of the product is very economical, which makes it a primary choice for many manufacturers. The increasing demand for organic antioxidants in the market has boosted this segment to a great extent.
The increasing demand for clean and safe products Among people to avoid unwanted side effects and complications has boosted the demand for natural antioxidants. The size of this segment it’s comparatively smaller as compared to its counterparts but is expected to perform in a better manner during the forecast period. The increasing inclination towards organic and natural products in the market to enhance the body’s immunity has emerged as a primary driving force for the growth of this industry during the forecast period.
Segmentation of antioxidants BTH based on Application
Based on Application, the rubber, latex, and plastic additives segment has emerged as the largest market owing to the huge demand by the manufacturers. The increasing requirement for aesthetic appeal has boosted the market for this segment. The scope of these products varies and can be very important to attract potential consumers. It makes the product very attractive and plays an important role in increasing the demand for such products in the market.
The antioxidant is combined with the plastics to provide better quality to safeguard the product’s condition. The feed and food additives segment is expected to show significant growth during the forecast period. Rapidly increasing demand in the food industry for quality additive products with a view to maintaining the meat and poultry products has greatly boosted the market’s size.
The nutritional properties of the food are maintained along with the flavor, which impacts owners’ demand more. The odor and freshness of the food products are also maintained with the help of advanced additives. Rapid food and beverage industry development is also a major driving force for the market’s growth. Various qualities such as flexibility, stiffness, and strength provided by these materials behave as a major driving force for the market and are expected to continue similarly during the forecast period.
Report Scope
| Feature of the Report | Details |
| Market Size in 2021 | USD 227.3 Million |
| Projected Market Size in 2030 | USD 339.4 Million |
| CAGR Growth Rate | 5.3% CAGR (2022-2030) |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Prominent Players | Kemin Industries Inc. (U.S.), BASF SE (Germany), Koninklijke DSM N.V. (Netherlands), Eastman Chemical Company (U.S.), Kalsec Inc. (U.S.), Archer-Daniels-Midland Company (U.S.), Barentz Group (Netherlands), Adisseo (France), International Flavors & Fragrances Inc. (U.S.), DuPont de Nemours Inc. (U.S.), and Others |
| Key Segment | By Type, Application, and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors, and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfill your requirements for research. |
Regional Insights
Based on geography, the largest market share has been acquired by the region of the Asia Pacific, resulting from the huge demand for fuel in the market whole. The rapidly increasing population in this region of the world has emerged as a major driving force for the growth of this sector in the market. The huge number of people using vehicles has boosted the demand for fuel. With the increase in the population, the demand for food and beverages has also increased tremendously, which has helped the market to show significant growth.
The increasing popularity of antioxidants BTH among manufacturers has boosted the demand for better products that provide numerous benefits and has helped the market to exhibit tremendous growth. Consumer awareness plays an important role in boosting the demand and supply chain. The region of North America is also expected to showcase significant growth due to the rapid developments that have taken place in the food and beverages industry. Rapid developments in the aerospace sector have emerged as a major reason for the market growth in this region. Various advanced technology manufacturers in this region have helped the market grow considerably.
Recent Developments
- In October 2018 – the S.I. group was taken over by S.K. Capital Partners. This deal involved a unification of functions of Addivant with the S.I. group. Addivant, a portfolio company, is engaged in specialty additives. This company mainly deals with the production and business of specialty chemicals, specialty materials, and specialty pharmaceutical products.
- In September 2020 – a distribution partnership was made between the DKSH business unit and Eastman Chemical Company to distribute the products in the region of Asia Pacific. Covering the region of Asia Pacific and increasing the business in this area was the prime motive of the deal.
- In June 2020 – a distribution partnership was established between Kemin industries and the DKSH business unit. This deal took place intending to increase the supply in the regions of Myanmar, Vietnam, and Cambodia. The client base of the company will profit to a great extent with the help of this deal.
Key Players
- Kemin Industries Inc. (US)
- BASF SE (Germany)
- Koninklijke DSM N.V. (Netherlands)
- Eastman Chemical Company (US)
- Kalsec Inc. (US)
- Archer-Daniels-Midland Company (US)
- Barentz Group (Netherlands)
- Adisseo (France)
- International Flavors & Fragrances Inc. (US)
- DuPont de Nemours Inc. (US)
Segments discussed covered under this report
By Type
- Natural
- Synthetic
By Application
- food and feed additives
- Fuel and lubricant additives
- Pharmaceutical and personal care products
- Plastic and rubber additives
On the basis of geography
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market research methodology
- Chapter 2. Executive Summary
- 2.1 Global Antioxidant BHT Market, (2022 – 2030) (USD Million)
- 2.2 Global Antioxidant BHT Market : snapshot
- Chapter 3. Global Antioxidant BHT Market – Industry Analysis
- 3.1 Antioxidant BHT Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Observed In The Treatment Of Genital Herpes
- 3.2.2 Concentration To Protect It From Degradation
- 3.2.3 The Cosmetic Industry
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market attractiveness analysis By Type
- 3.7.2 Market attractiveness analysis By Application
- Chapter 4. Global Antioxidant BHT Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Antioxidant BHT Market: company market share, 2021
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Antioxidant BHT Market – Type Analysis
- 5.1 Global Antioxidant BHT Market overview: By Type
- 5.1.1 Global Antioxidant BHT Market share, By Type, 2021 and 2030
- 5.2 Natural
- 5.2.1 Global Antioxidant BHT Market by Natural, 2022 – 2030 (USD Million)
- 5.3 Synthetic
- 5.3.1 Global Antioxidant BHT Market by Synthetic, 2022 – 2030 (USD Million)
- 5.1 Global Antioxidant BHT Market overview: By Type
- Chapter 6. Global Antioxidant BHT Market – Application Analysis
- 6.1 Global Antioxidant BHT Market overview: By Application
- 6.1.1 Global Antioxidant BHT Market share, By Application, 2021 and 2030
- 6.2 food and feed additives
- 6.2.1 Global Antioxidant BHT Market by food and feed additives, 2022 – 2030 (USD Million)
- 6.3 Fuel and lubricant additives
- 6.3.1 Global Antioxidant BHT Market by Fuel and lubricant additives, 2022 – 2030 (USD Million)
- 6.4 Pharmaceutical and personal care products
- 6.4.1 Global Antioxidant BHT Market by Pharmaceutical and personal care products, 2022 – 2030 (USD Million)
- 6.5 Plastic and rubber additives
- 6.5.1 Global Antioxidant BHT Market by Plastic and rubber additives, 2022 – 2030 (USD Million)
- 6.1 Global Antioxidant BHT Market overview: By Application
- Chapter 7. Antioxidant BHT Market – Regional Analysis
- 7.1 Global Antioxidant BHT Market Regional Overview
- 7.2 Global Antioxidant BHT Market Share, by Region, 2021 & 2030 (USD Million)
- 7.3. North America
- 7.3.1 North America Antioxidant BHT Market, 2022 – 2030 (USD Million)
- 7.3.1.1 North America Antioxidant BHT Market, by Country, 2022 – 2030 (USD Million)
- 7.3.1 North America Antioxidant BHT Market, 2022 – 2030 (USD Million)
- 7.4 North America Antioxidant BHT Market, by Type, 2022 – 2030
- 7.4.1 North America Antioxidant BHT Market, by Type, 2022 – 2030 (USD Million)
- 7.5 North America Antioxidant BHT Market, by Application, 2022 – 2030
- 7.5.1 North America Antioxidant BHT Market, by Application, 2022 – 2030 (USD Million)
- 7.6. Europe
- 7.6.1 Europe Antioxidant BHT Market, 2022 – 2030 (USD Million)
- 7.6.1.1 Europe Antioxidant BHT Market, by Country, 2022 – 2030 (USD Million)
- 7.6.1 Europe Antioxidant BHT Market, 2022 – 2030 (USD Million)
- 7.7 Europe Antioxidant BHT Market, by Type, 2022 – 2030
- 7.7.1 Europe Antioxidant BHT Market, by Type, 2022 – 2030 (USD Million)
- 7.8 Europe Antioxidant BHT Market, by Application, 2022 – 2030
- 7.8.1 Europe Antioxidant BHT Market, by Application, 2022 – 2030 (USD Million)
- 7.9. Asia Pacific
- 7.9.1 Asia Pacific Antioxidant BHT Market, 2022 – 2030 (USD Million)
- 7.9.1.1 Asia Pacific Antioxidant BHT Market, by Country, 2022 – 2030 (USD Million)
- 7.9.1 Asia Pacific Antioxidant BHT Market, 2022 – 2030 (USD Million)
- 7.10 Asia Pacific Antioxidant BHT Market, by Type, 2022 – 2030
- 7.10.1 Asia Pacific Antioxidant BHT Market, by Type, 2022 – 2030 (USD Million)
- 7.11 Asia Pacific Antioxidant BHT Market, by Application, 2022 – 2030
- 7.11.1 Asia Pacific Antioxidant BHT Market, by Application, 2022 – 2030 (USD Million)
- 7.12. Latin America
- 7.12.1 Latin America Antioxidant BHT Market, 2022 – 2030 (USD Million)
- 7.12.1.1 Latin America Antioxidant BHT Market, by Country, 2022 – 2030 (USD Million)
- 7.12.1 Latin America Antioxidant BHT Market, 2022 – 2030 (USD Million)
- 7.13 Latin America Antioxidant BHT Market, by Type, 2022 – 2030
- 7.13.1 Latin America Antioxidant BHT Market, by Type, 2022 – 2030 (USD Million)
- 7.14 Latin America Antioxidant BHT Market, by Application, 2022 – 2030
- 7.14.1 Latin America Antioxidant BHT Market, by Application, 2022 – 2030 (USD Million)
- 7.15. The Middle-East and Africa
- 7.15.1 The Middle-East and Africa Antioxidant BHT Market, 2022 – 2030 (USD Million)
- 7.15.1.1 The Middle-East and Africa Antioxidant BHT Market, by Country, 2022 – 2030 (USD Million)
- 7.15.1 The Middle-East and Africa Antioxidant BHT Market, 2022 – 2030 (USD Million)
- 7.16 The Middle-East and Africa Antioxidant BHT Market, by Type, 2022 – 2030
- 7.16.1 The Middle-East and Africa Antioxidant BHT Market, by Type, 2022 – 2030 (USD Million)
- 7.17 The Middle-East and Africa Antioxidant BHT Market, by Application, 2022 – 2030
- 7.17.1 The Middle-East and Africa Antioxidant BHT Market, by Application, 2022 – 2030 (USD Million)
- Chapter 8. Company Profiles
- 8.1 Kemin Industries Inc. (U.S.)
- 8.1.1 Overview
- 8.1.2 Financials
- 8.1.3 Product Portfolio
- 8.1.4 Business Strategy
- 8.1.5 Recent Developments
- 8.2 BASF SE (Germany)
- 8.2.1 Overview
- 8.2.2 Financials
- 8.2.3 Product Portfolio
- 8.2.4 Business Strategy
- 8.2.5 Recent Developments
- 8.3 Koninklijke DSM N.V. (Netherlands)
- 8.3.1 Overview
- 8.3.2 Financials
- 8.3.3 Product Portfolio
- 8.3.4 Business Strategy
- 8.3.5 Recent Developments
- 8.4 Eastman Chemical Company (U.S.)
- 8.4.1 Overview
- 8.4.2 Financials
- 8.4.3 Product Portfolio
- 8.4.4 Business Strategy
- 8.4.5 Recent Developments
- 8.5 Kalsec Inc. (U.S.)
- 8.5.1 Overview
- 8.5.2 Financials
- 8.5.3 Product Portfolio
- 8.5.4 Business Strategy
- 8.5.5 Recent Developments
- 8.6 Archer-Daniels-Midland Company (U.S.)
- 8.6.1 Overview
- 8.6.2 Financials
- 8.6.3 Product Portfolio
- 8.6.4 Business Strategy
- 8.6.5 Recent Developments
- 8.7 Barentz Group (Netherlands)
- 8.7.1 Overview
- 8.7.2 Financials
- 8.7.3 Product Portfolio
- 8.7.4 Business Strategy
- 8.7.5 Recent Developments
- 8.8 Adisseo (France)
- 8.8.1 Overview
- 8.8.2 Financials
- 8.8.3 Product Portfolio
- 8.8.4 Business Strategy
- 8.8.5 Recent Developments
- 8.9 International Flavors & Fragrances Inc. (U.S.)
- 8.9.1 Overview
- 8.9.2 Financials
- 8.9.3 Product Portfolio
- 8.9.4 Business Strategy
- 8.9.5 Recent Developments
- 8.10 DuPont de Nemours Inc. (U.S.)
- 8.10.1 Overview
- 8.10.2 Financials
- 8.10.3 Product Portfolio
- 8.10.4 Business Strategy
- 8.10.5 Recent Developments
- 8.1 Kemin Industries Inc. (U.S.)
List Of Figures
Figures No 1 to 20
List Of Tables
Tables No 1 to 52
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2030
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
| Perspective | Primary research | Secondary research |
| Supply-side |
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| Demand-side |
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Market Analysis Matrix
| Qualitative analysis | Quantitative analysis |
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FAQs
“Asia Pacific” region will lead the global Antioxidant BHT market during the forecast period 2022 to 2030.
The key factors driving the market are Observed In The Treatment Of Genital Herpes, Concentration To Protect It From Degradation and The Cosmetic Industry.
The key players operating in the Antioxidant BHT market are Kemin Industries Inc. (US), BASF SE (Germany), Koninklijke DSM N.V. (Netherlands), Eastman Chemical Company (US), Kalsec Inc. (US), Archer-Daniels-Midland Company (US), Barentz Group (Netherlands), Adisseo (France), International Flavors & Fragrances Inc. (US), DuPont de Nemours Inc. (US).
The global Antioxidant BHT market is expanding growth with a CAGR of approximately 5.3% during the forecast period (2022 to 2030).
The global Antioxidant BHT market size was valued at USD 227.3 Million in 2021 and it is projected to reach around USD 339.4 Million by 2030.
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