Butylated Hydroxytoluene Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Butylated Hydroxytoluene Market is segmented by Type (Food Grade and Technical Grade), End-user Industry (Plastics and Rubber, Food and Beverage, Personal Care and Cosmetics, Animal Feed, and Other End-user Industries), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa).

Market Snapshot

Butylated Hydroxytoluene Market Overview
Study Period: 2016 - 2026
Base Year: 2021
Fastest Growing Market: Asia Pacific
Largest Market: Asia Pacific
CAGR: >3 %
north america butylated hydroxytoluene market

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Market Overview

The butylated hydroxytoluene market is projected to register a CAGR of over 3% during the forecast period (2021-2026).

The outbreak of coronavirus disease (COVID-19) has acted as a massive restraint on the plastics and rubber products manufacturing market in 2020. The supply chains were disrupted due to trade restrictions, and consumption declined due to lockdowns imposed by governments globally, which eventually led to the closure of various manufacturing units pertaining to rubber, personal care, and food and beverage processing industries. This has led to a decrease in the demand in the butylated hydroxytoluene market globally. However, on the flip side, due to rising health concerns, the sudden increase in demand for PPE kits and personal care and hygiene products such as sanitizers, detergents, etc., in the pandemic scenario has provided opportunities for the growth of the butylated hydroxytoluene market.

  • Over the medium term, the major factor driving the butylated hydroxytoluene market is the increasing demand for antioxidants from the polymer industry. Plastic antioxidants are additives that are added during plastic production to eliminate thermal and oxidation degradation, and they help in increasing the shelf-life of products. The usage of plastic antioxidants in polypropylene polymer resin is projected to be the highest during the forecast period as polypropylene usage has increased in packaging applications, which is likely to drive the plastic antioxidant market, stimulating the demand for the market studied.
  • On the flip side, stringent regulations due to increasing health concerns are expected to hinder the growth of the market.
  • By end-user industry, the plastics and rubber industry is expected to dominate the market studied over the forecast period.
  • The Asia-Pacific region represents the largest market and is also expected to be the fastest-growing market over the forecast period, owing to the increasing consumption from countries such as China, India, and Japan, among others.

Scope of the Report

The addition reaction of p-cresol and either 2-methylpropene or isobutylene produces butylated hydroxytoluene (BHT). It is widely used as an antioxidant and a stabilizing agent in cosmetics and personal care products. It helps to preserve the properties and functionality of materials that are exposed to air and vulnerable to oxidation, such as odor, color, and texture. The market is segmented on the basis of type, end-user industry, and geography. By type, the market is segmented into food grade and technical grade. By end-user industry, the market is segmented into plastics and rubber, food and beverage, personal care and cosmetics, animal feed, and other end-user industries. The report also covers the market size of and forecasts for the butylated hydroxytoluene market in 15 countries across major regions. For each segment, the market sizing and forecasts have been done on the basis of revenue (USD million).

Food Grade
Technical Grade
End-user Industry
Plastics and Rubber
Food and Beverage
Personal Care and Cosmetics
Animal Feed
Other End-user Industries
South Korea
Rest of Asia-Pacific
North America
United States
United Kingdom
Rest of Europe
South America
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa

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Key Market Trends

Increasing Demand from the Plastics and Rubber Industry

  • Butylated hydroxytoluene is widely used in the plastics and rubber industry owing to its antioxidant characteristics, and its usage is expected to grow rapidly during the forecast period.
  • Earlier, rubber was coated with antioxidants to protect it from oxidation, and once the outer coating wears off, the unprotected rubber will instantly undergo oxidation. To prevent this, instead of coating the rubber surface, chemicals are incorporated into the rubber during mixing.
  • Antioxidants react with oxygen trapped in the rubber compound during mechanical mixing and later bleed to the surface, thereby providing complete protection for rubber from oxidation.
  • Similarly, in plastics, oxidation leads to discoloration and general disorientation. This can either be caused by oxidation and free radical generation. Free radicals are generated due to heat, mechanical stress, and radiation. Antioxidants react with free radicals and prevent the degradation of plastics.
  • In 2019, the production of plastics almost reached 370 million metric ton globally. According to the World Economic Forum, by the year 2050, global plastic production is expected to reach three times. Therefore, the growing demand for plastics is expected to drive the market demand for butylated hydroxytoluene.
  • The demand for rubber has been increasing in recent years. Top rubber-producing countries include Thailand, Vietnam, India, and Indonesia, among others. In 2019, 15.13 million metric ton of synthetic rubbers were produced. However, according to the Association of Natural Rubber Producing Countries (ANRPC), the production of rubber in 2020 decreased by 10% to 12.59 million metric ton due to COVID-19.
  • Furthermore, the growing demand for plastics and rubber from various industries, such as automotive and packaging, is expected to drive the market for butylated hydroxytoluene during the forecast period.
butylated hydroxytoluene market

Asia-Pacific to Dominate the Market

  • The Asia-Pacific region is expected to dominate the market for butylated hydroxytoluene during the forecast period, owing to the increase in consumption from countries like India and China.
  • Some of the largest producers for butylated hydroxytoluene are in the Asia-Pacific region, which includes Honshu Chemical Industry Co. Ltd, Milestone Preservatives Pvt. Ltd, Ratnagiri Chemicals Pvt. Ltd, Dycon Chemicals, VDH Chem Tech Pvt. Ltd, and Finar Chemicals.
  • Butylated hydroxytoluene is an antioxidant food additive that protects unsaturated organic compounds in foods and oils from atmospheric oxidation.
  • In 2019, China produced about 75 million metric ton of plastic, which is about 20% of the total world’s plastic production. Plastic is mainly used in the packaging industry for its lightweight and durability. The increasing e-commerce market is expected to drive the demand for plastics, which accounts for around 30% of the total plastic consumption. Therefore, the growing plastics industry is expected to drive the market for butylated hydroxytoluene in the country.
  • According to the China Chain Store & Franchise Association, the revenue of the food and beverage (F&B) industry of the country recorded USD 595 billion in 2019, up by 7.8% from 2018.
  • China’s e-commerce market is dominated by Alibaba, whose market share is around 59%. The company’s annual revenue in FY 2019 saw a 51% year-on-year growth. The growing e-commerce industry requires packaging, which is expected to drive the market in the region during the forecast period.
  • The Indian e-commerce industry has been on an upward growth trajectory, and it is expected to surpass the United States to become the second-largest e-commerce market in the world by 2034.
  • Furthermore, over the next five years, the Indian e-retail industry is projected to exceed ~300-350 million shoppers, propelling the online Gross Merchandise Value (GMV) to USD 100-120 billion by 2025. The increase in penetration of the internet and the change in government policies allowing 100% foreign direct investments in the e-commerce sector are expected to boost the consumption of plastics.
  • South Korea has one of the world’s most exceptional beauty markets. New beauty trends and innovations featuring sophisticated ingredients and aesthetically appealing packaging are constantly on display. The South Korean cosmetics products market was valued at USD 1,578.4 million in 2019, and it is expected to reach USD 1,952.05 million by 2025 during the forecast period, 2021-2026.
  • Therefore, the aforementioned factors, coupled with government support, are expected to contribute to the increasing demand in the butylated hydroxytoluene market in the Asia-Pacific region during the forecast period.
butylated hydroxytoluene market growth by region

Competitive Landscape

The butylated hydroxytoluene market is partially fragmented in nature, with the major players accounting for a marginal share of the market. Major players in the market include LANXESS, Merck KGaA, OXIRIS, Finar Chemicals, and Dycon Chemicals, among others.

Table of Contents


    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study




    1. 4.1 Drivers

      1. 4.1.1 Increasing Demand for Antioxidants from the Polymer Industry

      2. 4.1.2 Other Drivers

    2. 4.2 Restraints

      1. 4.2.1 Stringent Regulations Due to Increasing Health Concerns

      2. 4.2.2 Unfavorable Conditions Arising Due to the COVID-19 Outbreak

    3. 4.3 Industry Value Chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition


    1. 5.1 Type

      1. 5.1.1 Food Grade

      2. 5.1.2 Technical Grade

    2. 5.2 End-user Industry

      1. 5.2.1 Plastics and Rubber

      2. 5.2.2 Food and Beverage

      3. 5.2.3 Personal Care and Cosmetics

      4. 5.2.4 Animal Feed

      5. 5.2.5 Other End-user Industries

    3. 5.3 Geography

      1. 5.3.1 Asia-Pacific

        1. China

        2. India

        3. Japan

        4. South Korea

        5. Rest of Asia-Pacific

      2. 5.3.2 North America

        1. United States

        2. Canada

        3. Mexico

      3. 5.3.3 Europe

        1. Germany

        2. United Kingdom

        3. Italy

        4. France

        5. Rest of Europe

      4. 5.3.4 South America

        1. Brazil

        2. Argentina

        3. Rest of South America

      5. 5.3.5 Middle-East and Africa

        1. Saudi Arabia

        2. South Africa

        3. Rest of Middle-East and Africa


    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share (%)**/Ranking Analysis

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 Anmol Chemicals

      2. 6.4.2 Dycon Chemicals

      3. 6.4.3 Finar Chemicals

      4. 6.4.4 Guangzhou ZIO Chemical Co. Ltd

      5. 6.4.5 Honshu Chemical Industry Co. Ltd

      6. 6.4.6 LANXESS

      7. 6.4.7 Merck KGaA

      8. 6.4.8 Milestone Preservatives Pvt. Ltd

      9. 6.4.9 OXIRIS

      10. 6.4.10 Ratnagiri Chemicals Pvt. Ltd

      11. 6.4.11 VDH Chem Tech Pvt. Ltd

      12. 6.4.12 Wuxi Yufeng International Trade Co. Ltd

    5. *List Not Exhaustive

**Subject to Availability

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Frequently Asked Questions

The Butylated Hydroxytoluene Market market is studied from 2016 - 2026.

The Butylated Hydroxytoluene Market is growing at a CAGR of >3% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

Asia Pacific holds highest share in 2020.

Merck KGaA, OXIRIS, FINAR CHEMICALS, Dycon Chemicals, LANXESS are the major companies operating in Butylated Hydroxytoluene Market.

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