The market demand for butylated hydroxytoluene is high, and the competition pattern is relatively dispersed

The market demand for butylated hydroxytoluene is high, and the competition pattern is relatively dispersed

Butylated hydroxytoluene (BHT), also known as butylated hydroxytoluene, methyl methacrylate, etc., is a very important organic compound. The chemical formula of butylated hydroxytoluene is C15H24O, with a melting point of 69-71 ° C and a boiling point of 265 ° C. It often appears as a white crystalline powder at room temperature and pressure. Compared with other compounds, butylated hydroxytoluene has advantages such as corrosion resistance, non flammability, oxidation resistance, low toxicity, good storage stability, and long service life. 

From the upstream of the industrial chain, the raw materials for butylated hydroxytoluene mainly include tert butanol, ethanol, 4-cresol, isobutene, etc. Ethanol is the most common monobasic alcohol, which often appears as a flammable, volatile, and colorless transparent liquid with a special aroma at room temperature and pressure. Ethanol is commonly used as a fuel, chemical raw material, and solvent, and is widely applied in fields such as medicine, food, pesticides, fuel, and spices. Driven by downstream market demand, China's ethanol production capacity has gradually expanded and the output has increased. In 2023, China's ethanol production has exceeded 10 million tons. The gradual increase in ethanol production in China has provided sufficient raw materials for the rapid development of the butylated hydroxytoluene market.

According to the "In depth Market Research and Investment Prospect Forecast Analysis Report on Butylated Hydroxytoluene (BHT) Industry from 2024 to 2028" released by the New Frontier Industry Research Center, butylated hydroxytoluene, as an organic compound, is widely used in cosmetics, pharmaceuticals, food, rubber, coatings, plastics and other fields. In the field of plastics and rubber, butylated hydroxytoluene is often used as an antioxidant to delay the oxidation of plastics and rubber, thereby extending the service life of products. In the pharmaceutical field, butylated hydroxytoluene is often used as a drug intermediate for the production of antibacterial and anti-tumor drugs. In the field of food processing, butylated hydroxytoluene is commonly used in the production of food additives, which can effectively alleviate food spoilage and extend food shelf life. In the cosmetics field, butylated hydroxytoluene can be used as a perfume, which is mostly used to produce perfume, soap, eye shadow and other cosmetics and personal care products. In the field of coatings, butylated hydroxytoluene is often used as a diluent to adjust the flowability and viscosity of coatings. Overall, there is a high demand for butylated hydroxytoluene in the market.

Industry analysts from Xinsijie stated that the competitive landscape of the butylated hydroxytoluene market in China is relatively scattered, with most companies being relatively small in scale and no leading enterprises yet emerging. In recent years, the butylated hydroxytoluene market in China has developed rapidly, and competition among enterprises has become more intense. Some small and medium-sized enterprises with smaller scale and outdated technology have been accelerated to be eliminated, and the market is gradually concentrating on large enterprises with technological advantages and strong environmental protection capabilities. In the future, the market concentration is expected to continue to increase.