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    Phenolic Antioxidant Market

    ID: MRFR/CnM/2635-CR
    123 Pages
    Priya Nagrale
    September 2017

    Phenolic Antioxidant Market Research Report Information: by Source (Natural and Synthetic), By Application (Food, Plastics & Rubber, Pharmaceutical, Cosmetic, Fuel & Lubricant and Other), and by Region (Asia Pacific, Europe, North America, Latin America, and Middle East &Africa,) - Forecast till 2030

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    Phenolic Antioxidant Market Research Report - Forecast to 2030 Infographic
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    Phenolic Antioxidant Market Summary

    The Global Phenolic Antioxidant Market is projected to grow from 1250 USD Million in 2024 to 2750 USD Million by 2035.

    Key Market Trends & Highlights

    Phenolic Antioxidant Key Trends and Highlights

    • The market is expected to witness a compound annual growth rate (CAGR) of 7.43% from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 2750 USD Million, indicating robust growth.
    • In 2024, the market is valued at 1250 USD Million, reflecting a strong foundation for future expansion.
    • Growing adoption of natural antioxidants due to increasing consumer awareness about health benefits is a major market driver.

    Market Size & Forecast

    2024 Market Size 1250 (USD Million)
    2035 Market Size 2750 (USD Million)
    CAGR (2025 - 2035) 7.43%

    Major Players

    Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Tesla Inc (US), Meta Platforms Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)

    Phenolic Antioxidant Market Trends

    The market for phenolic antioxidants expects outstanding speed growth in the coming years. This is mainly due to the better workability and efficacy of phenolic antioxidants in adverse conditions, high pressure, and temperature. Along with this, factors such as the increase in the adoption of plastics in the automotive industry reduce the overall weight. This, in turn, will boost demand for phenolic antioxidants during the forecast and, therefore, should offer a profitable gain in the plastic additives market.

    Besides, the growing application of phenolic antioxidants for plastic and rubber compounds' production offers traction to the market of phenolic antioxidants. This is mainly due to its superior properties and lower cost compared to other composite materials.

    However, it is expected that factors such as strict government regulations, the adverse impact of plastics on the environment, and increasing practice of plastic recycling will prevent the growth of the global phenolic antioxidant.

    However, the increase in disposable income, the rapid industrialization, and the flourishing of automobile sales and production are some of the factors that should drive the phenolic antioxidant market growth in the coming years.

    Phenolic antioxidant market analysis: a regional perspective

    Based on the region, Asia-Pacific will dominate the global phenolic antioxidants market share in the coming years. This is mainly due to the presence of the main companies in the region. Also, China supports more than a quarter of the phenolic antioxidants in terms of volume. The revenues generated by these countries are an important factor that should accelerate the global market of phenolic antioxidants growth in the coming years.

    This research is a comprehensive picture of the market dynamics. It primarily consists of the critical assessment of customer and consumer travel, emerging and current pathways, and a strategic framework to enable CHOs to make effective decisions.

    The 4-quadrant Phenolic antioxidant market  EIRS structure:

      • Strategic structures to drive the growth journey
      • Customer experience maps
      • Action results to meet all business priorities
      • Understandings and tools based on data research

    The research strives to assess future and current growth prospects, factors that shape its revenue potentials, unused pathways, and consumption and requirements patterns in the global market, dividing it into a regional assessment.

    The following regional segments are covered in detail:

      • North America
      • The Middle East and Africa
      • Asia Pacific
      • Latin America
      • Europe

    The structure of the EIR's quadrant in the report summarizes the broad spectrum of data research and consulting sites for CHOs to help them remain leaders and make better business decisions.

    Below is a picture of these Phenolic antioxidant market  quadrants.

      • Customer experience map

    The research offers a detailed assessment of several customers' travels related to the market and its segments. It offers various impressions of the customer about the use of services and products. The analysis looks more closely at the major fears and points at various contact points with the client. Business consulting and intelligence solutions will help stakeholders, including CHOs, define customer experience maps tailored to their needs. This will help them increase customer engagement with their brands.

      • Understandings and tools

    The increasing demand for natural antioxidants in food preservation and the rising awareness of health benefits associated with phenolic compounds appear to be driving growth in the global phenolic antioxidant market.

    U.S. Department of Agriculture

    Phenolic Antioxidant Market Drivers

    Rising Health Consciousness

    The increasing awareness of health and wellness among consumers is driving the Global Phenolic Antioxidant Market Industry. As individuals become more informed about the benefits of antioxidants in combating oxidative stress and chronic diseases, the demand for phenolic antioxidants is likely to surge. This trend is particularly evident in the food and beverage sector, where manufacturers are incorporating these compounds into products to enhance nutritional value. The market is projected to reach 1250 USD Million in 2024, reflecting a growing consumer preference for natural and functional ingredients that promote health and longevity.

    Growing Demand in Pharmaceuticals

    The pharmaceutical sector is increasingly recognizing the potential of phenolic antioxidants, contributing to the growth of the Global Phenolic Antioxidant Market Industry. These compounds are being studied for their therapeutic properties, including anti-inflammatory and anticancer effects. As research continues to unveil the health benefits associated with phenolic antioxidants, pharmaceutical companies are likely to incorporate these ingredients into their formulations. This trend suggests a promising future for the market, with a compound annual growth rate (CAGR) of 7.43% anticipated from 2025 to 2035, reflecting the rising interest in natural compounds for health applications.

    Market Trends and Growth Projections

    Expansion in Food and Beverage Applications

    The Global Phenolic Antioxidant Market Industry is experiencing significant growth due to the expanding applications of phenolic antioxidants in the food and beverage sector. These compounds are utilized to prevent oxidation in various products, thereby extending shelf life and maintaining quality. For instance, the incorporation of phenolic antioxidants in oils and fats has become a common practice to enhance stability. As the global food industry continues to evolve, the market for phenolic antioxidants is expected to grow, with projections indicating a rise to 2750 USD Million by 2035, driven by the increasing demand for processed and packaged foods.

    Regulatory Support for Natural Antioxidants

    The Global Phenolic Antioxidant Market Industry is benefiting from favorable regulatory frameworks that promote the use of natural antioxidants in various applications. Governments and health organizations are increasingly endorsing the incorporation of natural compounds in food, cosmetics, and pharmaceuticals, recognizing their potential health benefits. This regulatory support encourages manufacturers to explore and invest in phenolic antioxidants, leading to a broader acceptance and integration of these ingredients in consumer products. As a result, the market is poised for growth, driven by the alignment of regulatory policies with consumer preferences for natural and safe ingredients.

    Technological Advancements in Extraction Methods

    Innovations in extraction technologies are playing a pivotal role in the Global Phenolic Antioxidant Market Industry. Advanced methods such as supercritical fluid extraction and enzymatic extraction are enhancing the efficiency and yield of phenolic compounds from natural sources. These improvements not only increase the availability of high-quality antioxidants but also reduce production costs, making them more accessible to manufacturers. As technology continues to advance, the market is likely to benefit from improved extraction techniques, which could further stimulate growth and innovation in product development.

    Key Companies in the Phenolic Antioxidant Market market include

    Future Outlook

    Phenolic Antioxidant Market Future Outlook

    The Global Phenolic Antioxidant Market is projected to grow at a 7.43% CAGR from 2024 to 2035, driven by increasing demand in food preservation, cosmetics, and pharmaceuticals.

    New opportunities lie in:

    • Develop innovative formulations for natural phenolic antioxidants to cater to health-conscious consumers.
    • Expand distribution channels in emerging markets to capitalize on rising industrial applications.
    • Invest in R&D for bio-based phenolic antioxidants to enhance sustainability and meet regulatory standards.

    By 2035, the market is expected to exhibit robust growth, reflecting heightened consumer awareness and innovation.

    Report Scope

    Attribute/Metric Details
      Market Size   Significant USD
      CAGR   5.10%
      Base Year   2020
      Forecast Period   2021 to 2030
      Historical Data   2019 & 2020
      Forecast Units   Value (USD Million)
      Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   Type, Application and End-Use
      Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors   BASF SE (Germany), DSM (Netherlands), Oxiris Chemicals S A (Spain), Chitec Technology Co., Ltd. (Taiwan), Sumitomo Chemical Company (Japan), Mayzo Inc. (US), Double Bond Chemical Ind., Co., Ltd. (Taiwan), Addivant (US), Emerald Performance Materials LLC (US), and Kumho Petrochemical Co., Ltd. (South Korea)
      Key Market Opportunities   The increase in the adoption of plastics in the automotive industry reduce the overall weight.
      Key Market Drivers   The growing application of phenolic antioxidants for plastic and rubber compounds

    FAQs

    What is the valuation that the global phenolic antioxidant market is estimated to create over the review period?

    The global phenolic antioxidant market is estimated to create a valuation of USD 1830.05 MN by 2023, registering 5.10% CAGR throughout the assessment period (2021-2030).

    Which is the largest region in global phenolic antioxidant market?

    Asia Pacific is the largest region in the global phenolic antioxidant market. The region is estimated to retain its leading position throughout the assessment period (2021-2030), holding the largest share.

    What are the key driving forces behind the growth of the global phenolic antioxidant market?

    Rising demand as an additive in plastic & rubber and fuel & lubricant manufacturing industry

    Which is the largest segment in the global phenolic antioxidant market?

    The sub segment – Food by applications is the largest segment in the in the global phenolic antioxidant market. The sub segment is projected to reach a valuation of USD significant by the end of 2030.

    Who are the top players in the global phenolic antioxidant market?

    BASF SE (Germany), DSM (Netherlands), Oxiris Chemicals S A (Spain), Chitec Technology Co., Ltd. (Taiwan), Sumitomo Chemical Company (Japan), Mayzo Inc. (US), Double Bond Chemical Ind., Co., Ltd. (Taiwan), Addivant (US), Emerald Performance Materials LLC (US), and Kumho Petrochemical Co., Ltd. (South Korea), are some of the leading players in the global phenolic antioxidant market.

    Phenolic Antioxidant Market Research Report - Forecast to 2030 Infographic
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