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Antioxidant BHT Market for Animal Feed, Food and Other Applications: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 - 2021

Published: Jul-2016 | Format: PDF | Zion | Number of pages: 68 | Code: MRS - 66354

The report covers forecast and analysis for the antioxidant BHT market on a global and regional level. The study provides historic data of 2015 along with a forecast from 2016 to 2021 based on both volume (Kilo Tons) and revenue (USD Million). The study includes drivers and restraints for the market along with the impact they have on the demand over the forecast period. Additionally, the report includes study of opportunities available in the antioxidant BHT market on a global level.

In order to give the users of this report a comprehensive view on the antioxidant BHT market, we have included analysis of Porter’s five forces model, patent analysis and strategic developments in the report for the antioxidant BHT market. The study encompasses a market attractiveness analysis, wherein regional segments are benchmarked based on their market size, growth rate and general attractiveness.

The study provides a decisive view on the antioxidant BHT market by segmenting the market based on application and geography.  Based on application, antioxidant BHT market can be segmented into food, animal feed & others (cosmetics, pharmaceuticals, rubber, electrical transformer oil, fuel additive, etc). All the segments have been analyzed based on present and future trends and the market is estimated from 2015 to 2021. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and Middle East & Africawith its further bifurcation into major countries including U.S. Germany, France, UK, China, Japan, India and Brazil.

The report covers detailed competitive outlook including company profiles of the key participants operating in the global market. Key players profiled in the report include Caldic, Cargill, LANXESS, Impextraco, Perstorp Group, Merisol USA LLC, Milestone Preservatives Private Limited, Eastman Chemical Company, Oxiris Chemicals S.A., Nova International, Feiya Chemical Industry Co., Ltd., JiYi Chemical (Beijing) Co. Ltd andNanJingLongYan Chemical Co. Ltd.

This report segments the antioxidant BHT market as follows:

Antioxidant BHT Market: Application Analysis

  • Food
  • Animal Feed
  • Others (Cosmetics, pharmaceuticals, rubber, electrical transformer oil, fuel additive, etc.)

Antioxidant BHT Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa
  • Chapter 1. Preface
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  • Chapter 2. Executive Summary
    • 2.1. Global antioxidant BHT market, 2015 - 2021, (Kilo Tons ) (USD Million)
    • 2.2. Antioxidant BHT: Market snapshot
  • Chapter 3. Antioxidant BHT Market: Industry Analysis
    • 3.1. Antioxidant BHT: Market dynamics
    • 3.2. Market Drivers
      • 3.2.1. Increasing demand for BHT for animal feed
    • 3.3. Restraints
      • 3.3.1. Harmful effect of BHT to be the restraining factor for the growth of the market
    • 3.4. Opportunity
      • 3.4.1. Research and development may open new growth avenue
    • 3.5. Porter’s Five Forces Analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market attractiveness analysis by application segment
      • 3.6.2. Market attractiveness analysis by regional segment
  • Chapter 4. Global Antioxidant BHT Market: Competitive Landscape
    • 4.1. Company Market Share Analysis (Subject To Data Availability)
      • 4.1.1. Global antioxidant BHT market: company market share, 2015
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions & Mergers
      • 4.2.2. New Product Launch
      • 4.2.3. Agreements, Partnerships, Collaborations and Joint Ventures
      • 4.2.4. Research and Development, Product and Regional Expansion
    • 4.3. Product Portfolio
    • 4.4. Patent Analysis (2011-2016)
      • 4.4.1. Patent Trend
      • 4.4.2. Patent Share by company
      • 4.4.3. By Region
  • Chapter 5. Global Antioxidant BHT Market: Application Overview
    • 5.1. Global antioxidant BHT market: application overview
      • 5.1.1. Global antioxidant BHT market volume share by application, 2015 and 2021
    • 5.2. Food
      • 5.2.1. Global antioxidant BHT market for food application, 2015 – 2021 (Kilo Tons ) (USD Million)
    • 5.3. Animal Feed
      • 5.3.1. Global antioxidant BHT market for animal feed, 2015 – 2021 (Kilo Tons ) (USD Million)
    • 5.4. Others
      • 5.4.1. Global antioxidant BHT market for others applications, 2015 – 2021 (Kilo Tons ) (USD Million)
  • Chapter 6. Global Antioxidant BHT Market: Regional Analysis
    • 6.1. Global antioxidant BHT market: Regional overview
      • 6.1.1. Global antioxidant BHT market share, by region, 2015 and 2021
    • 6.2. North America
      • 6.2.1. North America antioxidant BHT market volume, by application, 2015 – 2021 (Kilo Tons)
      • 6.2.2. North America antioxidant BHT market revenue, by application, 2015 – 2021 (USD Million)
      • 6.2.3. U.S.
        • 6.2.3.1. U.S. antioxidant BHT market volume, by application, 2015 – 2021 (Kilo Tons)
        • 6.2.3.2. U.S. antioxidant BHT market revenue, by application, 2015 – 2021 (USD Million)
    • 6.3. Europe
      • 6.3.1. Europe antioxidant BHT market volume, by application, 2015 – 2021 (Kilo Tons)
      • 6.3.2. Europe antioxidant BHT market revenue, by application, 2015 – 2021 (USD Million)
      • 6.3.3. UK
        • 6.3.3.1. UK antioxidant BHT market volume, by application, 2015 – 2021 (Kilo Tons)
        • 6.3.3.2. UK antioxidant BHT market revenue, by application, 2015 – 2021 (USD Million)
      • 6.3.4. France
        • 6.3.4.1. France antioxidant BHT market volume, by application, 2015 – 2021 (Kilo Tons)
        • 6.3.4.2. France antioxidant BHT market revenue, by application, 2015 – 2021 (USD Million)
      • 6.3.5. Germany
        • 6.3.5.1. Germany antioxidant BHT market volume, by application, 2015 – 2021 (Kilo Tons)
        • 6.3.5.2. Germany antioxidant BHT market revenue, by application, 2015 – 2021 (USD Million)
    • 6.4. Asia Pacific
      • 6.4.1. Asia-Pacific antioxidant BHT market volume, by application, 2015 – 2021 (Kilo Tons)
      • 6.4.2. Asia-Pacific antioxidant BHT market revenue, by application, 2015 – 2021 (USD Million)
      • 6.4.3. China
        • 6.4.3.1. China antioxidant BHT market volume, by application, 2015 – 2021 (Kilo Tons)
        • 6.4.3.2. China antioxidant BHT market revenue, by application, 2015 – 2021 (USD Million)
      • 6.4.4. Japan
        • 6.4.4.1. Japan antioxidant BHT market volume, by application, 2015 – 2021 (Kilo Tons)
        • 6.4.4.2. Japan antioxidant BHT market revenue, by application, 2015 – 2021 (USD Million)
      • 6.4.5. India
        • 6.4.5.1. India antioxidant BHT market volume, by application, 2015 – 2021 (Kilo Tons)
        • 6.4.5.2. India antioxidant BHT market revenue, by application, 2015 – 2021 (USD Million)
    • 6.5. Latin America
      • 6.5.1. Latin America antioxidant BHT market volume, by application, 2015 – 2021 (Kilo Tons)
      • 6.5.2. Latin America antioxidant BHT market revenue, by application, 2015 – 2021 (USD Million)
      • 6.5.3. Brazil
        • 6.5.3.1. Brazil antioxidant BHT market volume, by application, 2015 – 2021 (Kilo Tons)
        • 6.5.3.2. Brazil antioxidant BHT market revenue, by application, 2015 – 2021 (USD Million)
    • 6.6. Middle East & Africa
      • 6.6.1. Middle East & Africa antioxidant BHT market volume, by application, 2015 – 2021 (Kilo Tons)
      • 6.6.2. Middle East & Africa antioxidant BHT market revenue, by application, 2015 – 2021 (USD Million)
  • Chapter 7. Company Profiles
    • 7.1. Caldic
      • 7.1.1. Overview
      • 7.1.2. Product portfolio
      • 7.1.3. Business strategy
      • 7.1.4. Recent developments
    • 7.2. Cargill
      • 7.2.1. Overview 7.2.2. Product portfolio
      • 7.2.3. Business strategy
      • 7.2.4. Recent developments
    • 7.3. LANXESS 7.3.1. Overview
      • 7.3.2. Product portfolio
      • 7.3.3. Business strategy
      • 7.3.4. Recent developments
    • 7.4. Impextraco
      • 7.4.1. Overview
      • 7.4.2. Product portfolio
      • 7.4.3. Business strategy
    • 7.5. Perstorp Group
      • 7.5.1. Overview
      • 7.5.2. Financials
      • 7.5.3. Product portfolio
      • 7.5.4. Business strategy
    • 7.6. Merisol USA LLC
      • 7.6.1. Overview
      • 7.6.2. Financials
      • 7.6.3. Product portfolio
      • 7.6.4. Business strategy
      • 7.6.5. Recent developments
    • 7.7. Milestone Preservatives Private Limited
      • 7.7.1. Overview
      • 7.7.2. Financials
      • 7.7.3. Product portfolio
      • 7.7.4. Business strategy
    • 7.8. Eastman Chemical Company
      • 7.8.1. Overview
      • 7.8.2. Financials
      • 7.8.3. Product portfolio
      • 7.8.4. Business strategy
      • 7.8.5. Recent developments
    • 7.9. Oxiris Chemicals S.A.
      • 7.9.1. Overview
      • 7.9.2. Product portfolio
      • 7.9.3. Business strategy
      • 7.9.4. Recent developments
    • 7.10. Nova International
      • 7.10.1. Overview
      • 7.10.2. Product portfolio
      • 7.10.3. Business strategy
      • 7.10.4. Recent developments
    • 7.11. Feiya Chemical Industry Co., Ltd.,
      • 7.11.1. Overview
      • 7.11.2. Product portfolio
      • 7.11.3. Business strategy
      • 7.11.4. Recent developments
    • 7.12. JiYi Chemical (Beijing) Co. Ltd
      • 7.12.1. Overview
      • 7.12.2. Product portfolio
      • 7.12.3. Business strategy
      • 7.12.4. Recent developments
    • 7.13. NanJing LongYan Chemical Co. Ltd.
      • 7.13.1. Overview
      • 7.13.2. Product portfolio
      • 7.13.3. Business strategy
      • 7.13.4. Recent developments
  • Chapter 8. Patents
    • 8.1. U.S. (US Patents)
    • 8.2. Europe (EP documents)
    • 8.3. Japan (Abstracts of Japan)
    • 8.4. Global (WIPO (PCT))
  •  

List of Tables

1. Antioxidant BHT market: Market snapshot                         
2. Drivers of global antioxidant BHT market: Impact analysis
3. Restraints of global antioxidant BHT market: Impact analysis  
4. North America antioxidant BHT market volume, by application, 2015 – 2021 (Kilo Tons)
5. North America antioxidant BHT market revenue, by application, 2015 – 2021 (USD Million)
6. U.S. antioxidant BHT market volume, by application, 2015 – 2021 (Kilo Tons)
7. U.S. antioxidant BHT market revenue, by application, 2015 – 2021 (USD Million)
8. Germany antioxidant BHT market volume, by application, 2015 – 2021 (Kilo Tons)
9. Germany antioxidant BHT market volume, by application, 2015 – 2021 (Kilo Tons)
10. France antioxidant BHT market volume, by application, 2015 – 2021 (Kilo Tons)
11. France antioxidant BHT market revenue, by application, 2015 – 2021 (USD Million)
12. UK antioxidant BHT market volume, by application, 2015 – 2021 (Kilo Tons)
13. UK antioxidant BHT market revenue, by application, 2015 – 2021 (USD Million)
14. Asia Pacific antioxidant BHT market volume, by application, 2015 – 2021 (Kilo Tons)
15. Asia Pacific antioxidant BHT market revenue, by application, 2015 – 2021 (USD Million)
16. China antioxidant BHT market volume, by application, 2015 – 2021 (Kilo Tons)
17. China antioxidant BHT market revenue, by application 2015 – 2021 (USD Million)
18. Japan antioxidant BHT market revenue, by application, 2015 – 2021 (USD Million)
19. Japan antioxidant BHT market volume, by application, 2015 – 2021 (Kilo Tons)
20. India antioxidant BHT market revenue, by application, 2015 – 2021 (USD Million)
21. India antioxidant BHT market volume, by application, 2015 – 2021 (Kilo Tons)
22. Latin America antioxidant BHT market revenue, by application, 2015 – 2021 (USD Million)
23. Latin America antioxidant BHT market volume, by application, 2015 – 2021 (Kilo Tons)
24. Brazil antioxidant BHT market revenue, by application, 2015 – 2021 (USD Million)
25. Brazil antioxidant BHT market volume, by application, 2015 – 2021 (Kilo Tons)
26. Middle East and Africa antioxidant BHT market revenue, by application, 2015 – 2021 (USD Million)
27. Middle East and Africa antioxidant BHT market volume, by application, 2015 – 2021 (Kilo Tons)


List of Figures

1. Global antioxidant BHT market segmentation by application, and geography
2. Global antioxidant BHT market, 2015 - 2021 (USD Million)
3. Porter’s five forces analysis: Antioxidant BHT market
4. Market attractiveness analysis by application segment
5. Market attractiveness analysis by regional segment
6. Patent trend between 2011 -2016
7. Patent Share by Company between 2011 - 2016
8. Patent Share by Region between 2011 - 2016
9. Global antioxidant BHT market share, by application, 2015 -2021
10. Global antioxidant BHT market for food, 2015 - 2021 (Kilo Tons)(USD Million)
11. Global antioxidant BHT market for animal feed, 2015 - 2021 (Kilo Tons)(USD Million)
12. Global antioxidant BHT market for other applications, 2015 – 2021 (Kilo Tons) (USD Million)
13. Global antioxidant BHT market share, by region, 2015 - 2021
14. North America antioxidant BHT market, 2015 - 2021, (Kilo Tons) (USD Million)
15. U.S. antioxidant BHT market, 2015 - 2021, (Kilo Tons) (USD Million)
16. Europe antioxidant BHT market, 2015 - 2021, (Kilo Tons) (USD Million)
17. UK antioxidant BHT market, 2015–2021,(Kilo Tons) (USD Million)
18. France antioxidant BHT market, 2015 - 2021,(Kilo Tons) (USD Million)
19. Germany antioxidant BHT market, 2015 - 2021, (Kilo Tons) (USD Million)
20. Asia Pacific antioxidant BHT market, 2015–2021,(Kilo Tons) (USD Million)
21. China antioxidant BHT market, 2015 - 2021, (Kilo Tons) (USD Million)
22. Japan antioxidant BHT market, 2015–2021, (Kilo Tons)  (USD Million)
23. India antioxidant BHT market, 2015 - 2021, (Kilo Tons) (USD Million)
24. Latin America antioxidant BHT market, 2015-2021, (Kilo Tons) (USD Million)
25. Brazil antioxidant BHT market, 2015 - 2021, (Kilo Tons) (USD Million)
26. Middle East & Africa antioxidant BHT market, 2015 - 2021, (Kilo Tons) (USD Million)

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Zion Research uses the synergy of combination of both primary research and secondary research for its research reports. For this study, we have conducted extensive primary research, wherein we have conducted in-depth interviews of the key opinion leader of this industry. Primary research make up for the biggest chunk of our data sources in addition to secondary research.

We referred to product literature of leading industry participants, annual reports, press releases, government publications, and other relevant sources for data collection and analysis thereof. Secondary research also includes a search of recent trade journals, technical writing, internet sources, and statistical data from government websites, trade associations and agencies.

Zion Research has collected key data related to the antioxidant BHT Market and analyzed these data using a variety of methods. The market dynamics have been ascertained following a detailed study of the micro, meso, and macroeconomic indicators of the market.

This report is based on in-depth qualitative and quantitative analyses of the Global antioxidant BHT Market. The quantitative analysis involved the application of various projection and sampling techniques. The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions.

Primary Research

We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening the secondary research findings
  • Further develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

Participants who typically partake in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts and research analysts specializing in specific markets

Key opinion leaders specializing in different areas corresponding to different industry verticals

Secondary Research

Secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • IDC and other relevant magazines
  • Internal and external proprietary databases, and relevant patent and regulatory databases
  • National government documents, statistical databases and market reports

News articles, press releases and webcasts specific to companies operating in the market

Based on the research results and technical insights thus gathered, Zion research analysts have provided a comprehensive analysis of the varied aspects of the market. The impact of global economic conditions and other macroeconomic indicators was also considered when assessing the market.

Models

Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:

  • Demographic data: Population split by segments
  • Macroeconomic indicators: GDP, PPP, Per Capita Income, etc.
  • Industry indicators: Expenditure, technology stage and infrastructure, sector growth and facilities
  • Data is then cross-checked by an expert panel.

Butylated hydroxytoluene (BHT) is a phenolic compound which prolongs the shelf life of food by protecting it against deterioration caused by oxidation, such as color changes, odor and fat rancidity.  BHT is widely used to prevent oxidation in fluids (e.g. fuel, oil) and other materials where free radicals must be controlled.  It is also known as 3,5-di-tert-butyl-4-hydroxytoluene; methyl-di-tert-butylphenol; 2,6-di-tert-butyl-para-cresol. BHTs are used in a variety of products but are most commonly found in foods that contain oil and fat. Moreover, BHT has some antiviral properties in some animal studies. This has led to interest in using BHT as a cure for herpes, HIV and cancer.

The demand-driving factors of the antioxidants BHT market are the globally increasing prices of feed, and the increasing use of antioxidants in improving the animals’ disease resistance. Moreover, expansion of food and pharmaceutical industries is expected to augment antioxidant BHT market growth over the projected period. Long-term exposure to high doses of BHT is toxic and it may cause liver, kidney and thyroid problems and also affecting lung function and blood coagulation. However, harmful effect of BHT to be the restraining factor for the growth of the market. Nevertheless, ongoing research to enhance BHT antioxidant properties is expected to open up new growth opportunities over the next few years.

Global Antioxidantb BHT Market

BHT is found in animal feed, food and others (cosmetics, pharmaceuticals, rubber, electrical transformer oil, fuel additive, etc.). Food was the leading segment and it accounted for over 48% share of total revenue generated in 2015. Antioxidant BHT helps in reducing the rate of oxidation of feed, thus preventing wastage of feed. This helps the farmer to bring down feed costs, thus increasing profitability. Animal feed is another key outlet of antioxidant BHT market and is expected to show strong growth within the forecast period. Other applications like cosmetics, rubber etc are also expected to witness significant growth within the forecast period.

The antioxidants BHT market was dominated by Asia Pacific accounting for the largest share of the total market in 2015. Asia Pacific followed by North America and Europe in terms of revenue in the same year. Asia Pacific held over 55% share of total revenue generated in 2015. Asia Pacific is expected to witness the fastest growth in the global market owing to the presence of robust manufacturing bases for foods, and feed. In addition, China was the largest consumer of antioxidant BHT in 2015.  Furthermore, North America was another leading regional market in 2015. U.S. was the largest market in North America for antioxidants BHT on account of the high demand for protein and meat consumption. Latin America and Middle East & Africa are also expected to exhibit significant growth within the forecast period.

Some of the key players involved in antioxidant BHT market include Caldic, Cargill, LANXESS, Impextraco, Perstorp Group, Merisol USA LLC, Milestone Preservatives Private Limited, Eastman Chemical Company, Oxiris Chemicals S.A., Nova International, Feiya Chemical Industry Co., Ltd., JiYi Chemical (Beijing) Co. Ltd and NanJing LongYan Chemical Co. Ltd. Leading antioxidant BHT manufacturers are focusing on capacity expansion, merger & acquisition coupled with advanced products launch across the globe to expand their business. For instance, Oxiris Chemicals S.A. launched a new grade of high purity BHT to complement the existing portfolio in April 2016.

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