About Butane Market
Butane is a colorless, odorless, and inflammable gas. It is a mixture of isomers, namely n-butane and isobutane. Butane is produced from natural gas and crude oil at processing facilities and refineries. It is transported and stored as a liquid under high pressure, either in cylindrical containers or pipes. The spend momentum of this market will be attributed to the growing usage of butane as a chemical feedstock. This can be attributed to a sharp decline in the prices of butane, resulting in chemical manufacturers shifting from naphtha to butane.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Butane Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
The report, Global Butane Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Category driver
Category management strategy
Procurement best practices
Key questions answered in this report
Butane is a colorless, odorless, and inflammable gas. It is a mixture of isomers, namely n-butane and isobutane. Butane is produced from natural gas and crude oil at processing facilities and refineries. It is transported and stored as a liquid under high pressure, either in cylindrical containers or pipes. The spend momentum of this market will be attributed to the growing usage of butane as a chemical feedstock. This can be attributed to a sharp decline in the prices of butane, resulting in chemical manufacturers shifting from naphtha to butane.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Butane Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
The report, Global Butane Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Category driver
- Growth in the domestic refining capacities for butane
Category management strategy
- Increase suppliers’ retention rate by offering reward sharing opportunities
Procurement best practices
- Include price renegotiation clause in SLAs
Key questions answered in this report
- What are the market dynamics?
- What are the key market trends?
- What are the category growth drivers?
- What are the constraints on category growth?
- Who are the suppliers in this market?
- What are the demand-supply shifts?
- What are the major category requirements?
- What are the procurement best practices in this market?
Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: MARKET INSIGHTS
PART 03: CATEGORY PRICING INSIGHTS
PART 04: COST-SAVING OPPORTUNITIES
PART 05: BEST PRACTICES
PART 06: CATEGORY ECOSYSTEM
PART 07: CATEGORY MANAGEMENT STRATEGY
PART 08: CATEGORY MANAGEMENT ENABLERS
PART 09: SUPPLIERS SELECTION
PART 10: SUPPLIERS UNDER COVERAGE
PART 11: US MARKET INSIGHTS
PART 12: CATEGORY DEFINITION
PART 13: APPENDIX
Companies Mentioned
- Exxon Mobil Corp
- BP Plc
- Royal Dutch Shell Plc
- Sinopec Corp
- Chevron Phillips Chemical Co. LLC
- DEVON ENERGY Corp.
Methodology
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