According to the report titled ‘Butylated Hydroxytoluene (BHT) Market Size By Application (Food, Animal Feed [Poultry, Swine, Fish Feed, Cattle], Lubricating & Specialty Oils, Rubber, Personal Care & Cosmetics, Industrial Fats, Oils, & Fatty Acids, Printing Inks & Coatings, Food Packaging), Industry Analysis Report, Regional Outlook, Application Potential, Price Trend, Competitive Market, available with MarketStudyReport, global butylated hydroxytoluene (BHT) market is estimated to witness stellar growth by the year 2026.

Increasing production of animal feed coupled with rapid expansion of cosmetics, industrial, and automotive sectors are some of the major factors driving the growth of the global butylated hydroxytoluene (BHT) market.

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The overall market, in terms of application reach, is bifurcated into animal feed, lubricating & specialty oils, cosmetics & personal care, food, food packaging, printing inks & coatings, rubber, and industrial oils, fats, and fatty acids, among others.

Among these, the animal feed segment is slated to expand at a 6.2% CAGR by 2026 owing to the increasing adoption of livestock animals globally. Meanwhile, global butylated hydroxytoluene industry size from food packaging segment will record a 4.4% CAGR over the forecast timeline, primarily attributed to the increasing consumption of packaged food products given their ease of availability and convenience.

The lubricating and specialty oil segment is also expected to grow considerably over the analysis period, on account of ongoing developments in the automotive sector. Meanwhile, The overall industry share from industrial oils, fats, and fatty acids applications is projected to expand by over 5.5% CAGR through 2026.

Meanwhile, the personal care & cosmetics applications is estimated to account for USD 32.15 million through the study period, driven by improving the stability of cosmetic, personal care, and pharmaceutical formulations.

Butylated hydroxytoluene (BHT) is used in a wide range of cosmetics and personal care products, particularly in beauty and makeup products such as eye shadows, eyeliners, and lipsticks among others. The product is also used in personal cleanliness products, moisturizers, skincare products, skin cleansers, and perfumes.

The other segment (pharmaceutical and corrosion inhibitors) is likely to record a healthy more than 4.9% CAGR through 2026.

Regionally, Middle East and Africa market is slated to reach USD 15.78 million by 2026. On the other hand, butylated hydroxytoluene industry size in Latin America is estimated to expand at over 4.6% CAGR through the forecast time spell, exceeding an annual valuation worth USD 22.25 million by 2026.

Sasol Limited, Eastman Chemical Company, Oxiris Chemicals S.A., KH Chemicals B.V., Spectrum Chemical Mfg. Corp., Ratnagiri chemicals Pvt. Ltd., AB Enterprises, Lanxess AG, Cayman Chemical Company, Kemin Industries Inc., Akrochem Corporation, Twinkle Chemi Lab Pvt. Ltd., Anmol Chemicals Group, and SI Group are the leading players in the worldwide butylated hydroxytoluene market.