The growing demand for LPG in the residential and commercial sectors, where it is mostly used as a domestic fuel, is driving the butanes market. Due to the expansion of ethylene capacity in the Middle East, butane used as a petrochemical feedstock to generate ethylene and other derivatives is also driving the market for butanes. However, the unpredictability of crude oil prices, as well as regulatory hurdles arising from increased environmental concerns, are significant challenges holding back the butanes market.
Global Butanes Market Scope:
The report presents the latest trends in the global Butanes market and provides forecasts for demand, supply, sales, and future changes. It focuses on the key forces influencing industry participants and their constraints, as well as the current competitive environment and growth prospects. The latest market statistics, forecasts, size and growth trends in the report enable readers to identify the products and customers responsible for revenue growth and profitability. Global Butanes Market Research Report includes company profiles, product specification, production capacity/sales, revenue, price, gross margin and sales by product. The study also provides the market size, growth rate, country level data, and an analysis of demand and supply factors influencing the growth of the Global Butanes market in different countries.
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Global Butanes Market Overview:
Maximizing Market Research digs deep into Global Butanes Market, focusing on each segment and taking global and regional trends into consideration. The report thoroughly addresses the key drivers and barriers to achieving a balanced market environment. To provide readers with a comprehensive industry overview, the Global Butanes market is segmented into various categories such as products, applications, vendors, and geographies. The study also includes industry statistics that indicate long-term prospects of the Global Butanes market.
Global Butanes Market Size was valued at USD 84.54 billion in 2021 and is expected to reach USD 150.23 billion by 2029, at a CAGR of about 7.45 % during the forecast period.
Global Butanes Market Segmentation:
• Liquefied petroleum gas (LPG)
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Europe, North America, Asia-Pacific, Middle East & Africa, and Latin America comprise the global Butanes market. The Global Butanes Market report offers a comprehensive analysis of key market geographies as well as important 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 business chain structure, opportunities and industry news.
Major Players of Global Butanes Market:
• British Petroleum Plc
• China National Petroleum Corporation (Cnpc)
• China Petroleum and Chemical Corporation (Sinopec)
• Exxon Mobil Corporation
• Royal Dutch Shell
• Total SA
• Air Liquide Group
• The Linde Group
• Merck KGaA
• Indian oil Corporation Limited
• Bharat Petroleum Corporation Limited
• Qatar Petroleum
• Valero Energy Corporation
Table of Contents:
1.1. Report Scope and Market Segmentation
1.2. Key points of research
1.3. Research Objectives
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.3. Research methodology
2.3.1. Secondary research
126.96.36.199. Secondary data
188.8.131.52. Secondary sources
2.3.2. Primary Research
184.108.40.206. Data from Primary Sources
220.127.116.11. Breakdown of primary sources
3. Executive Summary: Global Butanes Market, by Market Value (US$ Billion) and Volume (Tons)
4. Market overview
4.2. Market indicator
4.3. Porter’s analysis
4.4. Value chain analysis
4.5. Market Risk Analysis
4.6. SWOT analysis
4.7. Global Butanes Industry Trends
4.8. Competitive Landscape of the Global Butanes Market
5. Supply and demand side indicators
The key questions answered in the Global Butanes Market Report are:
- What is the competitive market environment?
- Which region dominated the global Butanes market in terms of market share?
- What are the opportunities for the global Butanes market?
- What variables are influencing market expansion?
- Who are the main market players in the Global Butanes market?
- Which company holds the largest share in the global butanes market?
- What Will Be The Global Butanes Market Size During The Forecast Period?
- Market Share, Size and Forecast by Revenue | 2022-2029
- Market dynamics – growth drivers, constraints, investment opportunities and key trends
- Market Segmentation: Global Butanes Complete Study
- Environment: Prominent important players and other key essential players.
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