Butane Market by Type (Isobutane, N-Butane), Source (Natural Gas Processing, Refining), Application - Global Forecast 2023-2030

Butane Market by Type (Isobutane, N-Butane), Source (Natural Gas Processing, Refining), Application - Global Forecast 2023-2030


The Butane Market is projected to reach USD 117.08 billion by 2030 from USD 68.12 billion in 2022, at a CAGR of 7.00% during the forecast period.

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Butane Market.
  • Based on Type, market is studied across Isobutane and N-Butane. The N-Butane is projected to witness significant market share during forecast period.
  • Based on Source, market is studied across Natural Gas Processing and Refining. The Refining is projected to witness significant market share during forecast period.
  • Based on Application, market is studied across Liquefied Petroleum Gas, Petrochemicals, and Refineries. The Liquefied Petroleum Gas is further studied across Auto-fuel, Chemical & Petrochemical, Industrial, Refinery, and Residential & Commercial. The Petrochemicals is projected to witness significant market share during forecast period.
  • Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.75% in 2022, followed by Europe, Middle East & Africa.
Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Butane Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Butane Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Butane Market, highlighting leading vendors and their innovative profiles. These include Air Liquide, Bharat Petroleum, Blazer Products Inc., British Petroleum, Chevron Corp., ConocoPhillips Inc., Egypt Oil & Gas, Exxon Mobil Corp., Hindustan Petroleum Corporation Limited, Indian Oil Corporation Ltd., Linde PLC, Royal Dutch Shell PLC, Sinopec Group, TotalEnergies SE, and Valero Energy Corporation.

The report offers valuable insights on the following aspects:
  1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
  2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
  3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
  4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
  5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
  1. What is the market size and forecast for the Butane Market?
  2. Which products, segments, applications, and areas hold the highest investment potential in the Butane Market?
  3. What is the competitive strategic window for identifying opportunities in the Butane Market?
  4. What are the latest technology trends and regulatory frameworks in the Butane Market?
  5. What is the market share of the leading vendors in the Butane Market?
  6. Which modes and strategic moves are suitable for entering the Butane Market?


Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Butane Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing production, trade, and consumption of LPG
5.1.1.2. Pure butane application as a refrigerant in domestic refrigerator freezer
5.1.1.3. Rising demand for household energy need such as cooking and heating
5.1.2. Restraints
5.1.2.1. Volatility in spot prices of NGL and crude oil
5.1.3. Opportunities
5.1.3.1. Increase investment in refineries and petrochemical capacities
5.1.3.2. Research & development studies regarding use of butane
5.1.4. Challenges
5.1.4.1. Health effects of using butane
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
6. Butane Market, by Type
6.1. Introduction
6.2. Isobutane
6.3. N-Butane
7. Butane Market, by Source
7.1. Introduction
7.2. Natural Gas Processing
7.3. Refining
8. Butane Market, by Application
8.1. Introduction
8.2. Liquefied Petroleum Gas
8.3.1. Auto-fuel
8.3.2. Chemical & Petrochemical
8.3.3. Industrial
8.3.4. Refinery
8.3.5. Residential & Commercial
8.3. Petrochemicals
8.4. Refineries
9. Americas Butane Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Butane Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Butane Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. Air Liquide
13.1.2. Bharat Petroleum
13.1.3. Blazer Products Inc.
13.1.4. British Petroleum
13.1.5. Chevron Corp.
13.1.6. ConocoPhillips Inc.
13.1.7. Egypt Oil & Gas
13.1.8. Exxon Mobil Corp.
13.1.9. Hindustan Petroleum Corporation Limited
13.1.10. Indian Oil Corporation Ltd.
13.1.11. Linde PLC
13.1.12. Royal Dutch Shell PLC
13.1.13. Sinopec Group
13.1.14. TotalEnergies SE
13.1.15. Valero Energy Corporation
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings