Product Code: ETC4473145 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India butylated hydroxytoluene import market experienced a slight decline with a negative CAGR from 2020-2024. However, there was a notable upswing in growth between 2023 and 2024. Overall, the market showed signs of stabilization with a positive momentum towards the end of the period.
The India Butylated Hydroxytoluene market is seeing growth, primarily driven by its applications in the food and pharmaceutical industries as an antioxidant. BHT is used to extend the shelf life of products and prevent spoilage. The increasing consumer focus on food safety and quality is contributing to the market`s expansion.
The butylated hydroxytoluene (BHT) market in India is expanding as it finds applications in the food and cosmetic industries. BHT is a potent antioxidant used to extend the shelf life of various products. With changing lifestyles and increased consumer awareness about food quality and safety, the demand for BHT in the food industry has grown. Similarly, the cosmetics sector relies on BHT to prevent the degradation of products, which is particularly crucial with the surging popularity of personal care and beauty products in India.
In the India Butylated Hydroxytoluene market, challenges include concerns over the safety and regulatory aspects of its usage as a food additive and antioxidant. Consumers and regulatory bodies are increasingly scrutinizing the safety of food additives. Additionally, there`s a need for continued research to improve the efficacy of butylated hydroxytoluene and explore alternatives to address health and environmental concerns.
The India butylated hydroxytoluene market, primarily related to the food and cosmetics industries, witnessed increased demand for antioxidant additives. Consumers and manufacturers sought products with extended shelf life and stability, especially in the food and personal care sectors.
Major players in the India butylated hydroxytoluene market include SI Group, Sasol Ltd., Oxiris Chemicals S.A., Spectrum Chemical Manufacturing Corp., and Merck India Ltd.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Butylated Hydroxytoluene Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Butylated Hydroxytoluene Market Revenues & Volume, 2021 & 2031F |
3.3 India Butylated Hydroxytoluene Market - Industry Life Cycle |
3.4 India Butylated Hydroxytoluene Market - Porter's Five Forces |
3.5 India Butylated Hydroxytoluene Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 India Butylated Hydroxytoluene Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 India Butylated Hydroxytoluene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for antioxidants in the food industry |
4.2.2 Growth in the pharmaceutical sector |
4.2.3 Rising awareness about the benefits of butylated hydroxytoluene (BHT) in cosmetics industry |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Stringent regulations related to the use of BHT in certain applications |
5 India Butylated Hydroxytoluene Market Trends |
6 India Butylated Hydroxytoluene Market, By Types |
6.1 India Butylated Hydroxytoluene Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 India Butylated Hydroxytoluene Market Revenues & Volume, By Grade, 2021-2031F |
6.1.3 India Butylated Hydroxytoluene Market Revenues & Volume, By Food, 2021-2031F |
6.1.4 India Butylated Hydroxytoluene Market Revenues & Volume, By Technical, 2021-2031F |
6.2 India Butylated Hydroxytoluene Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 India Butylated Hydroxytoluene Market Revenues & Volume, By Plastic & Rubber, 2021-2031F |
6.2.3 India Butylated Hydroxytoluene Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.2.4 India Butylated Hydroxytoluene Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.2.5 India Butylated Hydroxytoluene Market Revenues & Volume, By Personal Care, 2021-2031F |
7 India Butylated Hydroxytoluene Market Import-Export Trade Statistics |
7.1 India Butylated Hydroxytoluene Market Export to Major Countries |
7.2 India Butylated Hydroxytoluene Market Imports from Major Countries |
8 India Butylated Hydroxytoluene Market Key Performance Indicators |
8.1 Research and development investment in BHT-based products |
8.2 Adoption rate of BHT in new applications |
8.3 Environmental impact assessments related to BHT production and usage |
9 India Butylated Hydroxytoluene Market - Opportunity Assessment |
9.1 India Butylated Hydroxytoluene Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 India Butylated Hydroxytoluene Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 India Butylated Hydroxytoluene Market - Competitive Landscape |
10.1 India Butylated Hydroxytoluene Market Revenue Share, By Companies, 2024 |
10.2 India Butylated Hydroxytoluene Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |