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Butane Market Strategies and Forecasts, 2020 to 2026

Butane is a natural gas liquid is a refinery product with feedstock such as naphtha and coal. The global butane market is primarily driven by increased utilization of liquefied petroleum gas (LPG).

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Butane Market Strategies and Forecasts, 2020 to 2026

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  1. Butane Market Market Set to Exceed USD 125.7 Billion by 2026 | CAGR: 7.3%

  2. Butane Market Size to Reach USD 125.7 Billion by 2026 “Butane Market Share, Size, Trends, & Industry Analysis Report By Application (LPG {Residential/Commercial, Chemical/Petrochemicals, Industrial, Autofuels, Refinery, Others}, Petrochemicals, Refinery, and Others), By Regions: Segment Forecast, 2018 - 2026” The global butane market is estimated to reach USD 125.7 billion by 2026 growing at a CAGR of 7.3% during the forecast period, according to a new study published by Polaris Market Research. Butane is a natural gas liquid is a refinery product with feedstock such as naphtha and coal. The global butane market is primarily driven by increased utilization of liquefied petroleum gas (LPG). Butane showcases properties such as easy liquefiable and high flammability and is thus increasing used in fuel manufacturing and blending. It is also used widely is in the production of petrochemical manufacturing. Rising demand for economical fuel among consumers, especially in the developing nations has led to increased demand of butane. Increasing consumer income and rural development in several nations have resulted into awareness and shift in consumer preference towards use of LPG cylinders in residential applications. Moreover, use of LPG has also reduced dependency on the forest products for combustion purposes. LPG is also used widely in many developed countries for fuel and residential applications. Browse Detailed Research Report On Butane Market: https://www.polarismarketresearch.com/industry-analysis/butane-market In addition to the above, favorable regulatory policies and government subsidies have also significantly contributed to the growth of LPG consumption and thus directly impacting the butane market positively. In countries such as India, the government subsidizes LPG cylinders as per the number of cylinders per household. Moreover, there a number of schemes introduced for providing LPG accessibility to the rural consumers. All these parameters have collectively contributed to the increased consumption of butane. Butane is also extensively used in refinery applications and chemical production. Some other butane applications with minor market shares include industrial drying/heating applications and engine fuel. In the U.S. tight oil and shale gas extraction have competitive edge over butane production in comparison to the rest of the world. This is due to the geographical feature and more developed pipeline infrastructure for butane transportation. The butane price witness price volatility as it is a refinery product and its pricing depend on the crude oil prices. Leading producing regions for butane include U.S. and the Middle East. Northeast Asia and China also are significant consumers and producers of natural gas liquids including both butane and propane. Economic development of the developing Asian countries has led to significant consumption of butane in end-use sectors such as automobile and petrochemical. - 2 -

  3. Butane Market Size to Reach USD 125.7 Billion by 2026 The global butane market constitutes international and national market players which are majorly governing the oil & gas sector. It comprises of both public and private players globally. Some of the significant market players in the butane industry include Exxon Mobil Corporation, British Petroleum, Royal Dutch Shell, Total S.A., China National Petroleum Corporation (CNPC), and China Petroleum and Chemical Corporation (SINOPEC). Request for sample: https://www.polarismarketresearch.com/industry-analysis/butane- market/request-for-sample Table of Contents 1. Overview and Scope 1.1. Research goal & scope 1.2. Research assumptions 1.3. Research Methodology 1.3.1. Primary data sources 1.3.2. Secondary data sources 1.4. Key take-away 1.5. Stakeholders 2. Executive Summary 2.1. Market Definition 2.2. Market Segmentation 3. Butane Market Insights 3.1. Butane industry snapshot 3.2. Butane value chain & distribution analysis 3.3. Butane production trends and further capacity expansion analysis 3.3.1. Butane market dynamics 3.3.1.1. Butane Market driver analysis 3.3.1.2. Butane Market restraint/challenges analysis - 3 -

  4. Butane Market Size to Reach USD 125.7 Billion by 2026 Butane Market opportunity analysis 3.4. Industry analysis - Porter's five force 3.5. Butane market PEST analysis 3.6. Butane industry trends 3.7. Competitive company ranking analysis 4. Butane Market Size and Forecast, By Application 4.1. Key Findings 4.2. LPG 4.2.1. Residential/Commercial 4.2.2. Chemical/Petrochemicals 4.2.3. Industrial 4.2.4. Autofuels 4.2.5. Refinery 4.2.6. Others 4.3. Petrochemicals 4.4. Refinery 4.5. Others 5. Butane Market Size and Forecast by Regions 5.1. Key findings 5.2. North America 5.2.1. U.S. 5.2.2. Canada 5.3. Europe 5.3.1. Germany 5.3.2. UK 5.3.3. France 5.3.4. Italy 5.3.5. Spain 5.3.6. Belgium 5.3.7. Russia 5.3.8. Netherlands 5.3.9. Rest of Europe 5.4. Asia Pacific 5.4.1. China 5.4.2. India 5.4.3. Japan 5.4.4. Korea 5.4.5. Singapore 5.4.6. Malaysia 5.4.7. Indonesia 5.4.8. Thailand 5.4.9. Philippines 5.4.10. Rest of Asia-Pacific 5.5. Latin America 5.5.1. Brazil 5.5.2. Mexico 5.5.3. Argentina 5.5.4. Rest of LATAM 5.6. Middle East & Africa 5.6.1. UAE 5.6.2. Saudi Arabia 5.6.3. South Africa 3.3.1.3. - 4 -

  5. Butane Market Size to Reach USD 125.7 Billion by 2026 5.6.4. Rest of MEA 6. Company Profiles 6.1. Exxon Mobil Corporation 6.1.1. Overview 6.1.2. Financials 6.1.3. Product Benchmarking 6.1.4. Recent Developments 6.2. British Petroleum 6.2.1. Overview 6.2.2. Financials 6.2.3. Product Benchmarking 6.2.4. Recent Developments 6.3. Royal Dutch Shell 6.3.1. Overview 6.3.2. Financials 6.3.3. Product Benchmarking 6.3.4. Recent Developments 6.4. Total S.A. 6.4.1. Overview 6.4.2. Financials 6.4.3. Product Benchmarking 6.4.4. Recent Developments 6.5. China National Petroleum Corporation (CNPC) 6.5.1. Overview 6.5.2. Financials 6.5.3. Product Benchmarking 6.5.4. Recent Developments 6.6. China Petroleum and Chemical Corporation (SINOPEC) 6.6.1. Overview 6.6.2. Financials 6.6.3. Product Benchmarking 6.6.4. Recent Developments 6.7. Valero Energy Corporation 6.7.1. Overview 6.7.2. Financials 6.7.3. Product Benchmarking 6.7.4. Recent Developments 6.8. Devron Energy Corporation 6.8.1. Overview 6.8.2. Financials 6.8.3. Product Benchmarking 6.8.4. Recent Developments 6.9. Proton Gases India Pvt. Ltd. 6.9.1. Overview 6.9.2. Financials 6.9.3. Product Benchmarking 6.9.4. Recent Developments 6.10. Perenco 6.10.1. Overview 6.10.2. Financials 6.10.3. Product Benchmarking 6.10.4. Recent Developments - 5 -

  6. Butane Market Size to Reach USD 125.7 Billion by 2026 Access Press Release on Butane Market: https://www.polarismarketresearch.com/press- releases/global-butane-market About Polaris Market Research Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. E mail Id: sales@polarismarketresearch.com Web: www.polarismarketresearch.com Official Blog: http://polarismarketresearch.blogspot.com - 6 -

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