Butylated hydroxyanisole (BHA), an antioxidant that contain a mixture of two isomeric organic compounds, 2-tert-butyl-4-hydroxyanisole & 3-tert-butyl-4-hydroxyanisole. From 4-methoxyphenol and isobutylene, it is prepared. This waxy solid is used as a food additive with the E number E320. The main use for BHA is as an antioxidant as well as preservative in food, animal feed, food packaging, cosmetics, rubber, as well as petroleum products. BHA also is normally used in medicines, like lovastatin, isotretinoin, and simvastatin, among others. Increasing demand from end use industries is likely to impel the market growth.This growth is primarily driven by Growing Adoption in Food Industry and Increasing Use in End Use Industries.
Major Vendors, such as Eastman Chemical Company (United States), Clean Science and Technology Private Limited. (India), Merck KGaA (United States), Lanxess Aktiengesellschaft (Germany), Abcam plc (United Kingdom), Ratnagiri Chemicals Pvt Ltd. (India), Crystal Quinone Pvt. Ltd., (India), Finoric LLC (United States), Spectrum Chemical Manufacturing Corp. (India) and Anmol Chemicals (India) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
The United States National Institutes of Health report that BHA is sensibly anticipated to be a human carcinogen on the basis of evidence of carcinogenicity in experimental animals. Particularly, when administered in high doses as part of their diet, BHA origins papillomas & squamous cell carcinomas of the forestomach in rats & Syrian golden hamsters. With examining human population statistics, the normal low intake levels of BHA show no significant association with an increased risk of cancer. The State of California has though, listed it as a carcinogen. These factors are likely to impact market growth.
- Growing Adoption in Food Industry
- Increasing Use in End Use Industries
- Strict Regulations for the Use of BHA in Commercial Food Products
OpportunitiesGrowing Usage in Many Industries and Increasing Opportunities from Untapped Markets
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