Product Code: ETC4473152 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Butylated Hydroxytoluene (BHT) is widely used in Sri Lanka as an antioxidant in the food, cosmetics, and pharmaceutical industries. The demand for BHT is driven by its effectiveness in preserving the freshness and extending the shelf life of products. The food industry, in particular, relies on BHT to maintain the quality of packaged foods. Regulatory standards and the need for food safety further support the use of BHT. However, growing consumer awareness about synthetic additives is prompting manufacturers to seek natural alternatives, which may influence market dynamics.
The Sri Lanka Butylated Hydroxytoluene (BHT) market is driven by its extensive use as an antioxidant in the food, cosmetics, and pharmaceutical industries. BHT`s ability to prevent oxidation and extend the shelf life of products makes it valuable for food preservation and cosmetic formulations. The increasing demand for packaged and processed foods, along with the growing cosmetics industry, significantly contributes to market growth. Additionally, BHT`s application in animal feed to enhance shelf life and nutritional value further supports its demand. Regulatory approvals for BHT use in various applications and ongoing research into its benefits and safety also influence market dynamics.
In the butylated hydroxytoluene (BHT) market, Sri Lanka faces challenges related to regulatory compliance and health concerns. BHT, being a synthetic antioxidant, is subject to stringent regulations regarding its use in food and other products. Negative perceptions about the safety of synthetic additives also affect consumer acceptance. Moreover, there is limited local production, leading to a reliance on imports, which can be affected by global supply chain disruptions and price volatility.
In Sri Lanka, the market for butylated hydroxytoluene (BHT), a widely used antioxidant, is subject to regulations that ensure product safety and environmental sustainability. The government enforces stringent standards on the use of chemical additives in food and pharmaceuticals, and promotes research into safer and more effective alternatives. Import policies are also streamlined to ensure the availability of high-quality BHT for industrial use.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Sri Lanka Butylated Hydroxytoluene Market Overview |
3.1 Sri Lanka Country Macro Economic Indicators |
3.2 Sri Lanka Butylated Hydroxytoluene Market Revenues & Volume, 2021 & 2031F |
3.3 Sri Lanka Butylated Hydroxytoluene Market - Industry Life Cycle |
3.4 Sri Lanka Butylated Hydroxytoluene Market - Porter's Five Forces |
3.5 Sri Lanka Butylated Hydroxytoluene Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Sri Lanka Butylated Hydroxytoluene Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Sri Lanka Butylated Hydroxytoluene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Sri Lanka Butylated Hydroxytoluene Market Trends |
6 Sri Lanka Butylated Hydroxytoluene Market, By Types |
6.1 Sri Lanka Butylated Hydroxytoluene Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Sri Lanka Butylated Hydroxytoluene Market Revenues & Volume, By Grade, 2021-2031F |
6.1.3 Sri Lanka Butylated Hydroxytoluene Market Revenues & Volume, By Food, 2021-2031F |
6.1.4 Sri Lanka Butylated Hydroxytoluene Market Revenues & Volume, By Technical, 2021-2031F |
6.2 Sri Lanka Butylated Hydroxytoluene Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Sri Lanka Butylated Hydroxytoluene Market Revenues & Volume, By Plastic & Rubber, 2021-2031F |
6.2.3 Sri Lanka Butylated Hydroxytoluene Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.2.4 Sri Lanka Butylated Hydroxytoluene Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.2.5 Sri Lanka Butylated Hydroxytoluene Market Revenues & Volume, By Personal Care, 2021-2031F |
7 Sri Lanka Butylated Hydroxytoluene Market Import-Export Trade Statistics |
7.1 Sri Lanka Butylated Hydroxytoluene Market Export to Major Countries |
7.2 Sri Lanka Butylated Hydroxytoluene Market Imports from Major Countries |
8 Sri Lanka Butylated Hydroxytoluene Market Key Performance Indicators |
9 Sri Lanka Butylated Hydroxytoluene Market - Opportunity Assessment |
9.1 Sri Lanka Butylated Hydroxytoluene Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Sri Lanka Butylated Hydroxytoluene Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Sri Lanka Butylated Hydroxytoluene Market - Competitive Landscape |
10.1 Sri Lanka Butylated Hydroxytoluene Market Revenue Share, By Companies, 2024 |
10.2 Sri Lanka Butylated Hydroxytoluene Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |