Global Butane Market Insights and Forecast to 2031

Report ID: 854989 | Published Date: Jan 2025 | No. of Page: 146 | Base Year: 2024 | Rating: 4 | Webstory: Check our Web story
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Butane is an organic compound with the formula C4H10 that is an alkane with four carbon atoms. Butane is a gas at room temperature and atmospheric pressure.
The global consumption of butane increases from 129.55 Million MT in 2014 to 145.77 Million MT in 2018, at a CAGR of more than 2.38%. In 2018, the global Butane consumption market is led by APAC region and North America, and the former is the largest region consumption market, accounting for about 50.82% of global consumption of Butane, in 2018.

Market Analysis and Insights: Global Butane Market
The global Butane market is valued at US$ 82970 million in 2019. The market size will reach US$ 111010 million by the end of 2026, growing at a CAGR of 4.2% during 2021-2026.

Global Butane Scope and Segment
Butane market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Butane market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.

Segment by Type
N-Butane
Isobutane
Butane can be mainly divided into N-Butane and Isobutane. N-Butane captures about 93.58% of butane market in 2018.

Segment by Application
LPG and Other Fuel
Petrochemicals
Refineries
According to application， butane can be mainly divided into LPG, Petrochemicals and Refineries. LPG and Other Fuel is the largest application direction, which account for 54.31% of butane market in 2018.

By Company
Saudi Aramco
Sinopec
ADNOC
CNPC
Exxon Mobil
KNPC
Phillips66
Bharat Petroleum
Pemex
Total
Qatar Petroleum
Equinor
BP
Gazprom
Chevron Phillips Chemical
ConocoPhillips Company
Shell

Production by Region
North America
Europe
China
Middle East

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

Frequently Asked Questions
Butane report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Butane report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Butane report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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