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Global Butane Market (2021-2026) by Application and Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

  • ID: 5503416
  • Report
  • September 2021
  • Region: Global
  • 167 Pages
  • Infogence Global Research

FEATURED COMPANIES

  • Aditya Air Products
  • Chevron Corporation
  • Exxon Mobil Corporation
  • Merck KGaA
  • Shell International B.V.
  • TotalEnergies SE
The Global Butane Market is estimated to be USD 63.5 Bn in 2021 and is expected to reach USD 78.4 Bn by 2026, growing at a CAGR of 4.3%.



Market Dynamics

The rising demand for residential LPG in developing countries is fostering the growth of the market. In addition, the increasing demand for pure butane as a refrigerant in a domestic refrigerator, freezers, and surging household energy demand from cooking and heating applications are contributing to the market's growth. The preferences for substitute products in gasoline application and reduction in the product's effectiveness in a colder environment hinder the market growth.

The increasing investment by the key players in the refining and production of petrochemicals will create huge opportunities for the market. The key challenge for the market growth is the volatility in the spot prices of NGL and Crude oil.

Market Segmentation

The Global Butane Market is segmented further based on Application and Geography.

By Application, the market is classified into LPG, Petrochemical, Refineries, and Others. Amongst all, the LPG segment is estimated to hold the highest market share during the forecast period.

By Geography, Asia Pacific is projected to lead the market.

Recent Developments

1. Mangalore refinery and petrochemicals limited a subsidiary of oil and natural gas corporation India, had announced plans to invest Rs 31,073 crore to expands its 16 million tons per annum refinery to 18 MTPA. The expansion will increase the production capacities of chemicals such as ethylene, propylene, and butane - 20th November 2019

Company Profiles

Some of the companies covered in this report are Bharat Petroleum Corporation Limited, Conocophillips, India Oil Corporation Ltd, Sinopec, China National Petroleum Corporation, etc.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Butane Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst’s Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the Global Butane Market

What is the estimated value of the Global Butane Market?

The Global Butane Market was estimated to be valued at $63500.0 Million in 2021.

What is the growth rate of the Global Butane Market?

The growth rate of the Global Butane Market is 4.3%, with an estimated value of $78400.0 Million by 2026.

What is the forecasted size of the Global Butane Market?

The Global Butane Market is estimated to be worth $78400.0 Million by 2026.

Who are the key companies in the Global Butane Market?

Key companies in the Global Butane Market include Aditya Air Products, Chevron Corporation, China National Petroleum Corporation, ConocoPhilips, Exxon Mobil Corporation, Air Liquide S.A., Linde plc, Indian Oil Corporation Ltd and Bharat Petroleum Corporation Limited.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Aditya Air Products
  • Chevron Corporation
  • Exxon Mobil Corporation
  • Merck KGaA
  • Shell International B.V.
  • TotalEnergies SE

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 IGR Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size and Segmentation
3.3 Market Outlook
4 Market Influencers
4.1 Drivers
4.1.1 Rising Usage of LPG
4.1.2 Increasing Adoption of Pure Butane in Domestic Refrigerator Freezer
4.1.3 Rising Demand in Petrochemical Industry
4.1.4 Surging Demand for Household Energy from Cooking and Heating Applications
4.2 Restraints
4.2.1 Impact of Colder Environment on the Product
4.2.2 Preferences for Substitute Products in Gasoline
4.2.3 Increasing R&D in the Field of Renewable Sources
4.3 Opportunities
4.3.1 Increasing Investment in Refineries and Petrochemicals Capacities
4.4 Challenges
4.4.1 Volatility in Spot Prices of NGL and Crude Oil
4.5 Trends
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter’s Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 Global Butane Market, By Application
6.1 Introduction
6.2 LPG
6.2.1 Auto-Fuel
6.2.2 Chemicals and Petrochemicals
6.2.3 Industrial
6.2.4 Refinery
6.2.5 Residential and Commercial
6.3 Petrochemicals
6.4 Refineries
7 Global Butane Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 US
7.2.2 Canada
7.2.3 Mexico
7.3 South America
7.3.1 Brazil
7.3.2 Argentina
7.3.3 Chile
7.3.4 Colombia
7.4 Europe
7.4.1 UK
7.4.2 France
7.4.3 Germany
7.4.4 Italy
7.4.5 Spain
7.4.6 Netherlands
7.4.7 Sweden
7.4.8 Russia
7.4.9 Rest of Europe
7.5 Asia-Pacific
7.5.1 China
7.5.2 Japan
7.5.3 India
7.5.4 Indonesia
7.5.5 Malaysia
7.5.6 South Korea
7.5.7 Australia
7.5.8 Sri Lanka
7.5.9 Thailand
7.5.10 Rest of APAC
7.6 Middle-East and Africa
7.6.1 Qatar
7.6.2 Saudi Arabia
7.6.3 South Africa
7.6.4 United Arab Emirates
8 Competitive Landscape
8.1 IGR Competitive Quadrant
8.2 Market Share Analysis
8.3 Strategic Initiatives
8.3.1 M&A and Investments
8.3.2 Partnerships and Collaborations
8.3.3 Product Developments and Improvements
9 Company Profiles
9.1 Aditya Air Products
9.2 Chevron Corporation
9.3 China National Petroleum Corporation
9.4 ConocoPhilips
9.5 Exxon Mobil Corporation
9.6 Air Liquide S.A.
9.7 Linde plc
9.8 Indian Oil Corporation Ltd
9.9 Mangalore Refinery and Petrochemicals Limited
9.10 Bharat Petroleum Corporation Limited
9.11 Royal Dutch Shell plc
9.12 Merck KGaA
9.13 Sinopec
9.14 Shell International B.V.
9.15 TotalEnergies SE
9.16 Valero Energy Corporation
10 Appendix
10.1 Questionnaire
Note: Product cover images may vary from those shown
  • Aditya Air Products
  • Chevron Corporation
  • China National Petroleum Corporation
  • ConocoPhilips
  • Exxon Mobil Corporation
  • Air Liquide S.A.
  • Linde plc
  • Indian Oil Corporation Ltd
  • Mangalore Refinery and Petrochemicals Limited
  • Bharat Petroleum Corporation Limited
  • Royal Dutch Shell plc
  • Merck KGaA
  • Sinopec
  • Shell International B.V.
  • TotalEnergies SE
  • Valero Energy Corporation
Note: Product cover images may vary from those shown