The rising demand for LPG in the residential and commercial sectors, where it is mostly utilised as a household fuel, is boosting the market for butanes. Because of expanding ethylene capacity in the Middle East, butane utilised as a petrochemical feedstock for generating ethylene and other derivatives is also pushing the market for butanes. However, the unpredictability of crude oil prices, as well as regulatory obstacles arising from increased environmental concerns, are important challenges impeding the market for butanes.
Global Butanes Market Scope:
The report presents the most recent trends in the Global Butanes market and provides predictions for future demand, supply, sales, and changes. It focuses on the major forces influencing industry participants and their constraints, as well as the current competitive environment and growth prospects. The most recent market statistics, forecasts, size, and rising trends in the report enable readers to identify the goods and clients responsible for revenue growth and profitability. In the Global Butanes Market Research Report, it includes company profiles, product specifications, production capacity/sales, revenue, price, gross margin, and sales by product. The study also provides market size, growth rate, country-level data, and an analysis of demand and supply factors influencing Global Butanes market growth in various countries.
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Global Butanes Market Overview:
Maximize Market Research delves deeply into the Global Butanes Market, focusing on each segment and taking global and regional trends into consideration. The report thoroughly addresses the drivers and major barriers to achieving a balanced market environment. To provide readers with a comprehensive overview of the industry, the Global Butanes market is segmented into various categories such as products, applications, vendors, and geographies. The study also includes industry statistics that show the Global Butanes market's long-term prospects.
Key Insights :
Global Butanes Market Size was valued US$ 84.54 Bn in 2021 and is expected to reach US$ 150.23 Bn by 2029, at a CAGR of around 7.45 % during a forecast period.
Global Butanes Market Segmentation:
by Application
• Liquefied Petroleum Gas (LPG)
• Petrochemicals
• Refinery
• Other
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Regional Analysis:
Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America comprise the Global Butanes market. The Global Butanes Market Report Provides A Comprehensive Analysis Of The Market's Major Geographies, As Well As Significant Segments And Sub-Segments. In terms of market size, share, and volume, the report discusses the current state of regional development. Furthermore, the Global Butanes Market Study includes data on numbers, regions, and revenue, as well as an in-depth analysis of the business chain structure, opportunities, and industry news.
Global Butanes Market Key Players:
• British Petroleum Plc
• Chevron
• China National Petroleum Corporation (Cnpc)
• China Petroleum and Chemical Corporation (Sinopec)
• Conocophillips
• Exxon Mobil Corporation
• Royal Dutch Shell
• Total S.A.
• Air Liquide Group
• Linde Group
• Shell
• KNPC
• Gazprom
• Merck KGaA
• BP
• Praxair
• Indian oil Corporation Limited
• Bharat Petroleum Corporatiom Limited
• Qatar Petroleum
• Sinopec
• Valero Energy Corporation
Table Of Content :
1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources
3. Executive Summary: Global Butanes Market, by Market Value (US$ Bn) & Volume (Tons)
4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Challenges
4.3. Porter’s Analysis
4.4. Value Chain Analysis
4.5. Market Risk Analysis
4.6. SWOT Analysis
4.7. Global Butanes Market Industry Trends
4.8. Global Butanes Market Competitive Landscape
5. Supply Side and Demand Side Indicators
Key Questions Answered In The Global Butanes Market Report Are:
Key Offerings:
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