The global Butane market was valued at 8776.67 Million USD in 2021 and will grow with a CAGR of 3.9% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.

By Market Verdors:

Saudi Aramco

Sinopec

ADNOC

CNPC

Exxon Mobil

KNPC

Phillips66

Bharat Petroleum

Pemex

Total

Qatar Petroleum

Equinor

BP

Gazprom

Chevron Phillips Chemical

ConocoPhillips Company

Shell

By Types:

N-Butane

Isobutane

By Applications:

LPG and Other Fuel

Petrochemicals

Refineries

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

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Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

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