The North America Butylated Hydroxytoluene Market would witness market growth of 4.7% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 11,330.1 Tonnes, showcasing a growth of 4.5% (2019-2022).
Butylated hydroxytoluene (BHT), dibutyl hydroxytoluene, is an antioxidant derived from phenol. BHT is discovered in bacteria such as green algae. It is produced by reacting 4-methyl phenol with 2-methyl propene for industrial purposes. BHT is primarily utilized as a food preservative due to its antioxidant properties. Furthermore, it prevents oxidation in fuel and lubricant additive fluids utilized in industry. This is attributed to its ability to prevent the oxidation of fats, oils, and other substances, thereby developing the shelf life and preserving the quality of products.
It is known for its stability under various conditions, making it a reliable choice for preserving the quality of products. Its cost-effectiveness further contributes to its widespread use in food, plastic, and cosmetics industries, where preventing oxidation and maintaining product integrity are crucial factors. Furthermore, BHT's versatility as an antioxidant, protecting against oxidative damage, makes it valuable in various formulations across different sectors.
According to the Canadian government, the pet population in Canada increased from 27.5 million pets in 2016 to 27.9 million in 2020. In Canada, the retail sales of pet food have witnessed a notable surge, rising from Can$3.4 billion in 2016 to Can$4.2 billion in 2020, with an anticipated further growth to Can$5.3 billion by 2025. Pet owners are increasingly seeking high-quality and nutritionally balanced pet food products. BHT is commonly used in pet food to prevent the oxidation of fats and oils, helping to preserve the nutritional value and overall quality of the food. Additionally, according to the International Trade Administration, Mexico's cosmetics and personal care products industry is estimated to be worth USD 7.24 million in 2022. Mexico imported USD 1.4 billion in cosmetics and personal care products in 2022, of which 35 percent was made in the United States. As a result, these aspects will boost market growth in the coming years.
The US market dominated the North America Butylated Hydroxytoluene Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $61,103.9 Thousands by 2030. The Canada market is experiencing a CAGR of 7% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 6.1% during (2023 - 2030).
Free Valuable Insights: The Butylated Hydroxytoluene Market is Predict to reach $335.5 Million by 2030, at a CAGR of 5.4%
Based on Grade, the market is segmented into Technical Grade, and Food Grade. Based on End-use, the market is segmented into Plastic & Rubber, Food & Beverage, Personal Care, Animal Feed, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Sasol Limited
- Lanxess AG
- Eastman Chemical Company
- Camlin Fine Sciences Limited
- Dycon Chemicals
- Finar (Actylis)
- Yasho Industries Limited
- Milestone Preservatives Pvt. Ltd.
- Twinkle Chemi Lab Pvt. Ltd.
North America Butylated Hydroxytoluene Market Report Segmentation
By Grade (Volume, Tonnes, USD Million, 2019-2030)
- Technical Grade
- Food Grade
By End-use (Volume, Tonnes, USD Million, 2019-2030)
- Plastic & Rubber
- Food & Beverage
- Personal Care
- Animal Feed
- Others
By Country (Volume, Tonnes, USD Million, 2019-2030)
- US
- Canada
- Mexico
- Rest of North America
TABLE 1 North America Butylated Hydroxytoluene Market, 2019 - 2022, USD Thousands
TABLE 2 North America Butylated Hydroxytoluene Market, 2023 - 2030, USD Thousands
TABLE 3 North America Butylated Hydroxytoluene Market, 2019 - 2022, Tonnes
TABLE 4 North America Butylated Hydroxytoluene Market, 2023 - 2030, Tonnes
TABLE 5 North America Butylated Hydroxytoluene Market, By Grade, 2019 - 2022, USD Thousands
TABLE 6 North America Butylated Hydroxytoluene Market, By Grade, 2023 - 2030, USD Thousands
TABLE 7 North America Butylated Hydroxytoluene Market, By Grade, 2019 - 2022, Tonnes
TABLE 8 North America Butylated Hydroxytoluene Market, By Grade, 2023 - 2030, Tonnes
TABLE 9 North America Technical Grade Market, By Country, 2019 - 2022, USD Thousands
TABLE 10 North America Technical Grade Market, By Country, 2023 - 2030, USD Thousands
TABLE 11 North America Technical Grade Market, By Country, 2019 - 2022, Tonnes
TABLE 12 North America Technical Grade Market, By Country, 2023 - 2030, Tonnes
TABLE 13 North America Food Grade Market, By Country, 2019 - 2022, USD Thousands
TABLE 14 North America Food Grade Market, By Country, 2023 - 2030, USD Thousands
TABLE 15 North America Food Grade Market, By Country, 2019 - 2022, Tonnes
TABLE 16 North America Food Grade Market, By Country, 2023 - 2030, Tonnes
TABLE 17 North America Butylated Hydroxytoluene Market, By End-use, 2019 - 2022, USD Thousands
TABLE 18 North America Butylated Hydroxytoluene Market, By End-use, 2023 - 2030, USD Thousands
TABLE 19 North America Butylated Hydroxytoluene Market, By End-use, 2019 - 2022, Tonnes
TABLE 20 North America Butylated Hydroxytoluene Market, By End-use, 2023 - 2030, Tonnes
TABLE 21 North America Plastic & Rubber Market, By Country, 2019 - 2022, USD Thousands
TABLE 22 North America Plastic & Rubber Market, By Country, 2023 - 2030, USD Thousands
TABLE 23 North America Plastic & Rubber Market, By Country, 2019 - 2022, Tonnes
TABLE 24 North America Plastic & Rubber Market, By Country, 2023 - 2030, Tonnes
TABLE 25 North America Food & Beverage Market, By Country, 2019 - 2022, USD Thousands
TABLE 26 North America Food & Beverage Market, By Country, 2023 - 2030, USD Thousands
TABLE 27 North America Food & Beverage Market, By Country, 2019 - 2022, Tonnes
TABLE 28 North America Food & Beverage Market, By Country, 2023 - 2030, Tonnes
TABLE 29 North America Personal Care Market, By Country, 2019 - 2022, USD Thousands
TABLE 30 North America Personal Care Market, By Country, 2023 - 2030, USD Thousands
TABLE 31 North America Personal Care Market, By Country, 2019 - 2022, Tonnes
TABLE 32 North America Personal Care Market, By Country, 2023 - 2030, Tonnes
TABLE 33 North America Animal Feed Market, By Country, 2019 - 2022, USD Thousands
TABLE 34 North America Animal Feed Market, By Country, 2023 - 2030, USD Thousands
TABLE 35 North America Animal Feed Market, By Country, 2019 - 2022, Tonnes
TABLE 36 North America Animal Feed Market, By Country, 2023 - 2030, Tonnes
TABLE 37 North America Others Market, By Country, 2019 - 2022, USD Thousands
TABLE 38 North America Others Market, By Country, 2023 - 2030, USD Thousands
TABLE 39 North America Others Market, By Country, 2019 - 2022, Tonnes
TABLE 40 North America Others Market, By Country, 2023 - 2030, Tonnes
TABLE 41 North America Butylated Hydroxytoluene Market, By Country, 2019 - 2022, USD Thousands
TABLE 42 North America Butylated Hydroxytoluene Market, By Country, 2023 - 2030, USD Thousands
TABLE 43 North America Butylated Hydroxytoluene Market, By Country, 2019 - 2022, Tonnes
TABLE 44 North America Butylated Hydroxytoluene Market, By Country, 2023 - 2030, Tonnes
TABLE 45 US Butylated Hydroxytoluene Market, 2019 - 2022, USD Thousands
TABLE 46 US Butylated Hydroxytoluene Market, 2023 - 2030, USD Thousands
TABLE 47 US Butylated Hydroxytoluene Market, 2019 - 2022, Tonnes
TABLE 48 US Butylated Hydroxytoluene Market, 2023 - 2030, Tonnes
TABLE 49 US Butylated Hydroxytoluene Market, By Grade, 2019 - 2022, USD Thousands
TABLE 50 US Butylated Hydroxytoluene Market, By Grade, 2023 - 2030, USD Thousands
TABLE 51 US Butylated Hydroxytoluene Market, By Grade, 2019 - 2022, Tonnes
TABLE 52 US Butylated Hydroxytoluene Market, By Grade, 2023 - 2030, Tonnes
TABLE 53 US Butylated Hydroxytoluene Market, By End-use, 2019 - 2022, USD Thousands
TABLE 54 US Butylated Hydroxytoluene Market, By End-use, 2023 - 2030, USD Thousands
TABLE 55 US Butylated Hydroxytoluene Market, By End-use, 2019 - 2022, Tonnes
TABLE 56 US Butylated Hydroxytoluene Market, By End-use, 2023 - 2030, Tonnes
TABLE 57 Canada Butylated Hydroxytoluene Market, 2019 - 2022, USD Thousands
TABLE 58 Canada Butylated Hydroxytoluene Market, 2023 - 2030, USD Thousands
TABLE 59 Canada Butylated Hydroxytoluene Market, 2019 - 2022, Tonnes
TABLE 60 Canada Butylated Hydroxytoluene Market, 2023 - 2030, Tonnes
TABLE 61 Canada Butylated Hydroxytoluene Market, By Grade, 2019 - 2022, USD Thousands
TABLE 62 Canada Butylated Hydroxytoluene Market, By Grade, 2023 - 2030, USD Thousands
TABLE 63 Canada Butylated Hydroxytoluene Market, By Grade, 2019 - 2022, Tonnes
TABLE 64 Canada Butylated Hydroxytoluene Market, By Grade, 2023 - 2030, Tonnes
TABLE 65 Canada Butylated Hydroxytoluene Market, By End-use, 2019 - 2022, USD Thousands
TABLE 66 Canada Butylated Hydroxytoluene Market, By End-use, 2023 - 2030, USD Thousands
TABLE 67 Canada Butylated Hydroxytoluene Market, By End-use, 2019 - 2022, Tonnes
TABLE 68 Canada Butylated Hydroxytoluene Market, By End-use, 2023 - 2030, Tonnes
TABLE 69 Mexico Butylated Hydroxytoluene Market, 2019 - 2022, USD Thousands
TABLE 70 Mexico Butylated Hydroxytoluene Market, 2023 - 2030, USD Thousands
TABLE 71 Mexico Butylated Hydroxytoluene Market, 2019 - 2022, Tonnes
TABLE 72 Mexico Butylated Hydroxytoluene Market, 2023 - 2030, Tonnes
TABLE 73 Mexico Butylated Hydroxytoluene Market, By Grade, 2019 - 2022, USD Thousands
TABLE 74 Mexico Butylated Hydroxytoluene Market, By Grade, 2023 - 2030, USD Thousands
TABLE 75 Mexico Butylated Hydroxytoluene Market, By Grade, 2019 - 2022, Tonnes
TABLE 76 Mexico Butylated Hydroxytoluene Market, By Grade, 2023 - 2030, Tonnes
TABLE 77 Mexico Butylated Hydroxytoluene Market, By End-use, 2019 - 2022, USD Thousands
TABLE 78 Mexico Butylated Hydroxytoluene Market, By End-use, 2023 - 2030, USD Thousands
TABLE 79 Mexico Butylated Hydroxytoluene Market, By End-use, 2019 - 2022, Tonnes
TABLE 80 Mexico Butylated Hydroxytoluene Market, By End-use, 2023 - 2030, Tonnes
TABLE 81 Rest of North America Butylated Hydroxytoluene Market, 2019 - 2022, USD Thousands
TABLE 82 Rest of North America Butylated Hydroxytoluene Market, 2023 - 2030, USD Thousands
TABLE 83 Rest of North America Butylated Hydroxytoluene Market, 2019 - 2022, Tonnes
TABLE 84 Rest of North America Butylated Hydroxytoluene Market, 2023 - 2030, Tonnes
TABLE 85 Rest of North America Butylated Hydroxytoluene Market, By Grade, 2019 - 2022, USD Thousands
TABLE 86 Rest of North America Butylated Hydroxytoluene Market, By Grade, 2023 - 2030, USD Thousands
TABLE 87 Rest of North America Butylated Hydroxytoluene Market, By Grade, 2019 - 2022, Tonnes
TABLE 88 Rest of North America Butylated Hydroxytoluene Market, By Grade, 2023 - 2030, Tonnes
TABLE 89 Rest of North America Butylated Hydroxytoluene Market, By End-use, 2019 - 2022, USD Thousands
TABLE 90 Rest of North America Butylated Hydroxytoluene Market, By End-use, 2023 - 2030, USD Thousands
TABLE 91 Rest of North America Butylated Hydroxytoluene Market, By End-use, 2019 - 2022, Tonnes
TABLE 92 Rest of North America Butylated Hydroxytoluene Market, By End-use, 2023 - 2030, Tonnes
TABLE 93 Key Information – Camlin Fine Sciences Limited
TABLE 94 Key Information – Dycon Chemicals
TABLE 95 Key Information – Finar
TABLE 96 Key Information – Yasho Industries Limited
TABLE 97 Key Information – Twinkle Chemi Lab Pvt. Ltd.
TABLE 98 Key Information – Milestone Preservatives Pvt. Ltd.
TABLE 99 Key Information – Sasol Limited
TABLE 100 key Information – Lanxess AG
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Butylated Hydroxytoluene Market, 2019 - 2030, USD Thousands
FIG 3 Key Factors Impacting the Butylated Hydroxytoluene Market
FIG 4 Porter’s Five Forces Analysis – Butylated Hydroxytoluene Market
FIG 5 North America Butylated Hydroxytoluene Market, Share By Grade, 2022
FIG 6 North America Butylated Hydroxytoluene Market, Share By Grade, 2030
FIG 7 North America Butylated Hydroxytoluene Market, By Grade, 2019 - 2030, USD Thousands
FIG 8 North America Butylated Hydroxytoluene Market, Share By End-use, 2022
FIG 9 North America Butylated Hydroxytoluene Market, Share By End-use, 2030
FIG 10 North America Butylated Hydroxytoluene Market, By End-use, 2019 - 2030, USD Thousands
FIG 11 North America Butylated Hydroxytoluene Market, Share By Country, 2022
FIG 12 North America Butylated Hydroxytoluene Market, Share By Country, 2030
FIG 13 North America Butylated Hydroxytoluene Market, By Country, 2019 - 2030, USD Thousands
FIG 14 SWOT Analysis: Lanxess AG
FIG 15 SWOT Analysis: Eastman Chemical Company