U.S. Dibutylhydroxytoluene Market is Projected to Generated Revenue of USD 85 Million by 2025
U.S. dibutylhydroxytoluene market is anticipated to exceed USD 85 million in projected timeline. The product functions as a preservative and antioxidant for manufacturing animal feed products. Increasing number of animal feed manufacturing mills in the region due to growing animal population in the region will fortify regional industry size.
Intensifying demand for synthetic antioxidants owing to their increasing utilization for preserving food products in order to increase shelf life will boost the dibutylhydroxytoluene market growth. The product inhibits oxidation and has its applications in several industries including cosmetics, food additive, lubricating & specialty oils, food packaging, animal feed, and pharmaceuticals.
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Dibutylhydroxytoluene creates an adsorption film on metal surface thus it acts as corrosion inhibitor for carbon steel in biodiesel blend B20. Use of biodiesel as a fuel reduces exhaust emission as compared to petroleum diesel and gasoline. Rising environmental pollution levels due to increasing greenhouse gas emissions will drive biodiesel demand hence fortifying dibutylhydroxytoluene market size.
Global dibutylhydroxytoluene market from lubricating & specialty oils application is anticipated to exceed USD 40 million in projected timeline. Dibutylhydroxytoluene functions as an antioxidant and stabilizer for several fluids and synthetic oils including brake fluids, transmission fluids, hydraulic, spindle, slushing, and cutting oils. Rising automotive and industrial sectors in Asia Pacific due to economic growth and foreign direct investments will spur product demand.
Dibutylhydroxytoluene market from personal care & cosmetics application may witness considerable gains up to 4.5% by 2025. It neutralizes free oxygen radicals, increases shelf life, and stabilizes colorants in personal care products. Growing demand of skin and sun care products due to changing climatic conditions & global warming will drive cosmetics industry growth. This will surge the market growth.
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Dibutylhydroxytoluene is produced by reacting p-cresol with isobutylene catalyzed in presence of sulfuric acid. High consumption other than prescribed by FDA may result in illness including thyroid hyperactivity, enlargement of the liver, induction of several liver enzymes which may hamper dibutylhydroxytoluene market price trend.
Dibutylhydroxytoluene market from industrial fats, oils & fatty acids may witness considerable gains up to 4.5% by 2025. BHT owing to its rancidity development preventing properties has applications in industrial fats, oils & fatty acids. Growing automation and robotics trends in manufacturing sector will spur industrial oils demand which will enhance industry size.
Global dibutylhydroxytoluene market share is moderately fragmented with key industry precipitants including Eastman Chemical Co., Sinofi Ingredients, Kemin Industries, OXIRIS, KH Chemicals, and Sasol. Manufacturers are investing heavily in R&D, product innovation and capacity expansion in order to cater increasing industry growth.
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