Global Butylated Hydroxyanisole BHA CAS 25013 16 5 Market Size By Type (Food Grade BHA, Pharma Grade BHA, Feed Grade BHA, Industrial Grade BHA), By Application (Food Industry, Pharmaceutical, Cosmetics, Animal Feed), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Global Butylated Hydroxyanisole BHA CAS 25013 16 5 Market Size By Type (Food Grade BHA, Pharma Grade BHA, Feed Grade BHA, Industrial Grade BHA), By Application (Food Industry, Pharmaceutical, Cosmetics, Animal Feed), By Geographic Scope And Forecast
Butylated Hydroxyanisole BHA CAS 25013 16 5 Market Size And Forecast
Butylated Hydroxyanisole BHA CAS 25013 16 5 Market size is growing at a faster pace with significant growth rates over a few years and is estimated that the market will grow substantially during the forecasted period i.e. 2023 to 2030.
The food and beverage industry mainly drives the growth of the butylated hydroxyanisole (BHA) market as it is primarily utilized to protect food products. Experts in the food sector advise using butylated hydroxyanisole (BHA) in beverages and food products since it is stable in high temperatures. The Global Butylated Hydroxyanisole BHA CAS 25013 16 5 Market report delivers a holistic evaluation. The report thoroughly analyzes key segments, trends, drivers, restraints, competitive landscape, and factors that play a substantial role in the market.
Global Butylated Hydroxyanisole BHA CAS 25013 16 5 Market Definition
An antioxidant comprising of a mixture of two isomeric organic compounds, 2-tert-butyl-4-hydroxyanisole, and 3-tert-butyl-4-hydroxyanisole is known as Butylated hydroxyanisole (BHA). It is produced using isobutylene and 4-methoxy phenol.
It is a waxy solid utilized as a food additive with the E number E320. BHA is primarily used in food, food packaging, animal feed, cosmetics, rubber, and petroleum products as an antioxidant and preservative. Additionally, BHA is frequently found in drugs like isotretinoin, lovastatin, simvastatin, and among others.
Due to its conjugated aromatic rings, butylated hydroxyanisole (BHA) works as a free radical scavenger by stabilizing the free radicals and preventing additional free radical reactions. Since butylated hydroxyanisole (BHA) is an antioxidant, it can be found in a variety of foods and beverages, including cereal, instant mashed potatoes, dry drinks, dessert mixes, and baked goods.
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Global Butylated Hydroxyanisole BHA CAS 25013 16 5 Market Overview
The food and beverage industry mainly drives the growth of the butylated hydroxyanisole (BHA) market as it is primarily utilized to protect food products. Experts in the food sector advise using butylated hydroxyanisole (BHA) in beverages and food products since it is stable in high temperatures.
Since butylated hydroxyanisole (BHA) is closely related to the synthetic antioxidants used in moisturizers and lipsticks, it is also widely employed in the cosmetic and pharmaceutical industries which is expected to bolster the market growth over the course of the projected period.
Butylated hydroxyanisole (BHA) was designated by the National Toxicology Programme as a substance that is reasonably anticipated to be a human carcinogen, despite the fact that there is debate about whether or not it causes cancer in humans. If used in large doses, it has also been shown to be allergenic, affecting liver and kidney functions.
The FDA regulations restrict the use of butylated hydroxyanisole (BHA) to 0.02% in products made from fat and oil. Therefore, these factors can impede the market growth during the projected period.
Global Butylated Hydroxyanisole BHA CAS 25013 16 5 Market Segmentation Analysis
The Global Butylated Hydroxyanisole BHA CAS 25013 16 5 Market is Segmented Based on Type, Application, and Geography.
Butylated Hydroxyanisole BHA CAS 25013 16 5 Market, By Type
Food Grade BHA
Pharma Grade BHA
Feed Grade BHA
Industrial Grade BHA
Based on Type, The market is split into Food Grade BHA, Pharma Grade BHA, Feed Grade BHA, And Industrial Grade BHA.
Butylated Hydroxyanisole BHA CAS 25013 16 5 Market, By Application
Food Industry
Pharmaceutical
Cosmetics
Animal Feed
Rubber
Petroleum
Others
Based on the Application, the market is divided into Food Industry, Pharmaceutical, Cosmetics, Animal Feed, Rubber, Petroleum, And Among Others.
Butylated Hydroxyanisole BHA CAS 25013 16 5 Market, By Geography
North America
Europe
Asia Pacific
Rest of the world
Based on the Regional Analysis, The Butylated Hydroxyanisole BHA CAS 25013 16 5 Market is classified into North America, Europe, Asia Pacific, And the Rest Of the World.
Key Players
The “Global Butylated Hydroxyanisole BHA CAS 25013 16 5 Market” study report will provide valuable insight with an emphasis on the global market. The major players in the markets include BASF, DowDuPont, Archer Daniels Midland, Honeywell International, Cargill, Celanese, Eastman Chemical, Tetra Pak, Crown Holdings, Amcor, Tyson Foods, Kraft-Heinz, STERIS, and amongst others.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Butylated Hydroxyanisole BHA CAS 25013 16 5 Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the Global Butylated Hydroxyanisole BHA CAS 25013 16 5 Market, gauge the attractiveness of a certain sector, and assess investment possibilities.
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