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Global Butane Market Size, Trends and Growth opportunity, By Application (Liquid Petroleum Gases,Petrochemicals, Refineries, Others) By Region and forecast till 2027.


Report ID : IR100918 | Industries : Chemicals & Materials | Published On :May 2024 | Page Count : 252

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  • Global Butane Market Size, Trends and Growth opportunity, By Application (Liquid Petroleum Gases,Petrochemicals, Refineries, Others) By Region and forecast till 2027.

    Global Butane Market 
    The global Butane market size was valued at USD 112.90 billion in 2021 and is expected to expand USD 149.28 billion at a CAGR  of 17.2 % during  forecast period 2022- 2027.
    Butane is useful in manufacturing of LPG along with petrochemicals. Increaseing demand for LPG in numerous application such as residential cooking, fuel in automobile, industrial agriculture, and others, due to its properties like easy liquefiable and high flammability propelling the market growth.
    Market Drivers
    Increasing application of butane in the making of  LPG act as major factor for the growth of market. Additionally , butane  also used for manufacturing various primary petrochemicals and the massive petrochemical capacity results in  expansion of the butane market growth. The growing use of butane in the production of automotive gas like Automotive liquefied petroleum gas fuels the market.
    Market Restraints
    Due to Groundwater contaminant like methyltert-butyl ether leakage hinders the market growth.Additionally  the large incidence of human health hazards occurring  with inhaling butane  gas and a gasoline substitute like ethanol restrict the market growth.
    COVID-19 Impact on Global  Butane Market
    With the Outbreak of COVID-19, the market impacted positively  as lockdown is imposed by government resulting in shutdown of restaurants which increases the consumption of LPG for home cooking .
    Market Segmentation 
    The global Butane market segmented on the basis of Application and Region .On the basis of Application it is segmented into Liquid Petroleum Gases (LPG),Petrochemicals, Refineries, Others.
    Regional Analysis
    The global Butane market segmented into five regions North America,Europe,Asia Pacific,Latin America,MEA. Asia Pacific dominate the market as  increase in demand for the gas in refineries and chemical processing unit in this region .

    Key Players
    Various key players are listed in this report such as British Petroleum,Chevron Corporation, China National Petroleum Corporation, Valero Energy Corporation,Conocco Phillips Inc,Devron Energy Corporation, Exxon Mobil Corporation, Proton Gases India Pvt Ltd, Perenco, Royal Dutch Shell plc, Linde AG, TotalEnergies, Praxair.
    Market Taxonomy
    • Application Type 
    o Liquid Petroleum Gases (LPG)
    • Residential/Commercial
    • Chemical/Petrochemical
    • Industrial
    • Auto Fuel
    • Refinery
    • Others
    o Petrochemicals
    o Refineries
    o Others
    •  By Region
    o North America
    o Europe
    o Asia Pacific
    o Latin America
    o Middle East and Africa

    Key Question Addressed by the Report
    • What are the Key Opportunities in Global  Butane Market?
    • What will be the growth rate from 2022 to 2027?
    • Which segment/region will have highest growth?
    • What are the factors that will impact/drive the Market?
    • What is the role of key players in the value chain?
               


     

    Global Butane  Market 
    1 Introduction 
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Global Butane Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Global Butane  Market, By Application Type
    5.1 Y-o-Y Growth Comparison, By Application 
    5.2 Global Butane  Market Share Analysis, By Application 
    5.3 Global Butane  Market Share Analysis, By Application 
    5.3.1 Liquid Petroleum Gases 
    5.3.2 Petrochemicals
    5.3.3 Refineries
    5.3.4 Others 
    6 Global Butane  Market, By Region
    6.1 Global Butane  Market Share Analysis, By Region
    6.2 Global Butane  Market Share Analysis, By Region
    7 North America Butane  Analysis and Forecast (2022-2027)
    7.1 Introduction
    7.2 North America Butane  Size and Forecast, By Application 
    7.3 North America Butane  Market Size and Forecast, By Country
    7.3.1 U.S
    7.3.2 Canada
    7.3.3  Mexico
    8 Europe Butane  Market Analysis and Forecast (2022-2027)
    8.1 Introduction
    8.2 Europe Butane  Market Size and Forecast, By Application 
    8.3 Europe Butane  Market Size and Forecast, By Country
    8.3.1 Germany
    8.3.2 France
    8.3.3 UK
    8.3.4 Rest of Europe
    9 Asia Pacific Butane  Market Analysis and Forecast (2022-2027)
    9.1 Introduction
    9.2 Asia-Pacific Butane  Market Size and Forecast, By Application
    9.3 Asia-Pacific Butane  Market Size and Forecast, By Country
    9.3.1 China 
    9.3.2 Japan
    9.3.3 India
    9.3.4 Rest of Asia Pacific
    10 Latin America Butane  Market Analysis and Forecast (2022-2027)
    10.1 Introduction
    10.2 Latin America Butane  Market Size and Forecast, By Application 
    10.3 Latin America Butane  Market Size and Forecast, By Country
    10.3.1 Brazil
    10.3.2 Rest of Latin America
    11 Middle East Butane  Market Analysis and Forecast (2022-2027)
    11.1 Introduction
    11.2Middle East Butane  Market Size and Forecast, By Application 
    11.3 Middle East Butane  Market Size and Forecast, By Country
    11.3.1. Saudi Arabia
    11.3.2. UAE
    11.3.3. Egypt
    11.3.4. Kuwait
    11.3.5. South Africa
    12 Competitive Analysis
    12.1 Competition Dashboard
    12.2 Market share Analysis of Top Vendors
    12.3 Key Development Strategies
    13 Company Profiles
    13.1. British Petroleum 
    13.1.1 Overview
    13.1.2 Offerings
    13.1.3 Key Financials
    13.1.4 Business Segment & Geographic Overview
    13.1.5 Key Market Developments
    13.1.6 Key Strategies
    13.2. Chevron Corporation
    13.2.1 Overview
    13.2.2 Offerings
    13.2.3 Key Financials
    13.2.4 Business Segment & Geographic Overview
    13.2.5 Key Market Developments
    13.2.6 Key Strategies
    13.3. China National Petroleum Corporation
    13.3.1 Overview
    13.3.2 Offerings
    13.3.3 Key Financials
    13.3.4 Business Segment & Geographic Overview
    13.3.5 Key Market Developments
    13.3.6 Key Strategies
    13.4. Valero Energy Corporation
    13.4.1 Overview
    13.4.2 Offerings
    13.4.3 Key Financials
    13.4.4 Business Segment & Geographic Overview
    13.4.5 Key Market Developments
    13.4.6 Key Strategies
    13.5. Conocco Phillips Inc
    13.5.1 Overview
    13.5.2 Offerings
    13.5.3 Key Financials
    13.5.4 Business Segment & Geographic Overview
    13.5.5 Key Market Developments
    13.5.6 Key Strategies
    13.6. Devron Energy Corporation
    13.6.1 Overview
    13.6.2 Offerings
    13.6.3 Key Financials
    13.6.4 Business Segment & Geographic Overview
    13.6.5 Key Market Developments
    13.6.6 Key Strategies
    13.7. Exxon Mobil Corporation
    13.7.1 Overview
    13.7.2 Offerings
    13.7.3 Key Financials
    13.7.4 Business Segment & Geographic Overview
    13.7.5 Key Market Developments
    13.7.6 Key Strategies
    13.8. Proton Gases India Pvt Ltd
    13.8.1 Overview
    13.8.2 Offerings
    13.8.3 Key Financials
    13.8.4 Business Segment & Geographic Overview
    13.8.5 Key Market Developments
    13.8.6 Key Strategies
    13.9. Perenco
    13.9.1 Overview
    13.9.2 Offerings
    13.9.3 Key Financials
    13.9.4 Business Segment & Geographic Overview
    13.9.5 Key Market Developments
    13.9.6 Key Strategies
    13.10. Royal Dutch Shell plc
    13.10.1 Overview
    13.10.2 Offerings
    13.10.3 Key Financials
    13.10.4 Business Segment & Geographic Overview
    13.10.5 Key Market Developments
    13.10.6 Key Strategies
    13.11. Linde AG
    13.11.1 Overview
    13.11.2 Offerings
    13.11.3 Key Financials
    13.11.4 Business Segment & Geographic Overview
    13.11.5 Key Market Developments
    13.11.6 Key Strategies
    13.12. TotalEnergies 
    13.12.1 Overview
    13.12.2 Offerings
    13.12.3 Key Financials
    13.12.4 Business Segment & Geographic Overview
    13.12.5 Key Market Developments
    13.12.6 Key Strategies
    13.13. Praxair
    13.13.1 Overview
    13.13.2 Offerings
    13.13.3 Key Financials
    13.13.4 Business Segment & Geographic Overview
    13.13.5 Key Market Developments
    13.13.6 Key Strategies