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Butane Gas Cartridges Market - Booming Segments, Recent Trends, High Demand, Growth And Driving Factors By Top Key Players Like Marina Corporation, Kampa, Zhejiang Jinyu, Balkan Gasovi
The global butane gas cartridges market report by the business research company identifies the increase in population density in urban areas across the globe to be a major growth driver for the butane gas cartridges market. Butane gas cartridges are used to store the butane gas or a mixture of butane and propane gas. Liquefied petroleum gas (LPG) is a mixture of butane and propane is used for cooking and higher population density is associated with the higher usage of LPG. For instance, countries in East Asia and the Pacific region saw the highest growth in their urban populations in the historic period. In 2019, China's urban population, reached 60.3% of the total population, while India's urban population accounted for 34.5%. According to the Ministry of Petroleum and Natural Gas of India estimates LPG consumption is expected to grow to 30.3 million tonnes by 2030 and 40.6 million tonnes by 2040. Therefore, an increase in urban population density is driving the usage of LPG or butane gas, which in turn, drives the market for butane gas cartridges.The global butane gas cartridges market size is expected to grow from $431.99 million in 2021 to $466.6 million in 2022 at a compound annual growth rate (CAGR) of 8.0%. The global butane gas cartridges market size is expected to grow to $556.73 million in 2026 at a CAGR of 4.5%.
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The Asia Pacific was the largest region in the butane gas cartridges market in 2021. The regions covered in the global butane gas cartridges market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Major players in the butane gas cartridges market are Taeyang Corp, Ultracare Products, Coleman, Aspire Industries, Marina Corporation, Kampa, Zhejiang Jinyu, Balkan Gasovi, Iwatani Corporation, and Gasmate.
The global butane gas cartridges market is segmented -
1) By Type: Below 220g/Unit, 220-250 g/Unit, Above 250 g/Unit
2) By Application: Medical, Stoves, Commercial, Other Applications
3) By End User: Pharmaceutical and Biotechnological Companies, Chemical and Petrochemical Companies, Food and Beverage Companies, Other End Users
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The Butane gas cartridges Market Report Contents Include
1. Executive Summary
2. Butane Gas Cartridges Market Characteristics
3. Butane Gas Cartridges Market Trends And Strategies
4. Impact Of Covid-19 On Butane Gas Cartridges
5. Butane Gas Cartridges Market Size And Growth
....
26. Africa Butane Gas Cartridges Market
27. Butane Gas Cartridges Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Butane Gas Cartridges Market
29. Butane Gas Cartridges Market Future Outlook And Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the butane gas cartridges market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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