openPR Logo
Press release

The Butane Market is projected to reach USD 96.02 billion by 2034, growing at a CAGR of 4.6%.

02-18-2025 12:35 PM CET | Chemicals & Materials

Press release from: Polaris Market Research & Consulting

Butane Market

Butane Market

๐“๐ก๐ž ๐›๐ฎ๐ญ๐š๐ง๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฌ๐ข๐ณ๐ž ๐ฐ๐š๐ฌ ๐ฏ๐š๐ฅ๐ฎ๐ž๐ ๐š๐ญ ๐”๐’๐ƒ ๐Ÿ”๐Ÿ.๐Ÿ๐Ÿ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’. ๐ˆ๐ญ ๐ข๐ฌ ๐ฉ๐ซ๐จ๐ฃ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ ๐ซ๐จ๐ฐ ๐ญ๐จ ๐”๐’๐ƒ ๐Ÿ—๐Ÿ”.๐ŸŽ๐Ÿ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ’, ๐ž๐ฑ๐ก๐ข๐›๐ข๐ญ๐ข๐ง๐  ๐š ๐œ๐จ๐ฆ๐ฉ๐จ๐ฎ๐ง๐ ๐š๐ง๐ง๐ฎ๐š๐ฅ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐ซ๐š๐ญ๐ž ๐จ๐Ÿ ๐Ÿ’.๐Ÿ”% ๐Ÿ๐ซ๐จ๐ฆ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ“ ๐ญ๐จ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ’.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ž๐Ÿ๐ข๐ง๐ข๐ญ๐ข๐จ๐ง
Butane is an organic compound with saturated hydrocarbon comprising four carbons with an unilinear framework. It is primarily utilized as a gasoline mixture, either solitary or in a propane mixture. It is also utilized as a feedstock for ethylene and butadiene production. Butane, similar to propane, emanates from natural gas or petroleum plants, and the two gases are normally detected together. The butane is reserved under pressure as a liquid. When the curler is turned on butane is discharged and alters to a gas.

๐†๐ž๐ญ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/butane-market/request-for-sample

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ
โ€ข Several reasons have contributed to the expansion of the butane market in recent years. Among these is the extensive usage in domestic and commercial applications for cooking and warming grounds. The escalated usage of LPG in rural regions of advancing nations such as India has driven higher demand for the market.
โ€ข The market size will expand due to its growing usage as energy in deodorant cans and other aerosol commodities because of its economy, effortless liquefaction, and security, jointly with cosmetic expressions, putting the market on a growth trajectory.

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ
The critical contenders in the market are emphasizing research and development to improve their commodities and services offerings. Here is the list of the leading companies operating in the butane market:
โ€ข China National Petroleum Corporation (CNPC)
โ€ข British Petroleum
โ€ข Chevron Corporation
โ€ข Valero Energy Corporation
โ€ข Exxon Mobil Corporation
โ€ข Proton Gases India Pvt. Ltd.
โ€ข Conocco Phillips Inc.
โ€ข Linde AG

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐š ๐ƒ๐ข๐ฌ๐œ๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž:
https://www.polarismarketresearch.com/industry-analysis/butane-market/request-for-discount-pricing

๐Š๐ž๐ฒ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐Ÿ ๐๐ฎ๐ญ๐š๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ
โ€ข Based on application, the LPG segment dominated the market with a revenue share of 72.5% in 2024. The rising consumption of LPG as a fuel for heating and cooking purposes in commercial and residential applications and the growing demand for auto fuel due to the increasing use of cars and other vehicles for daily commutes drive the robust growth of the segment.
โ€ข Based on application, the petrochemicals segment is projected to witness the fastest growth from 2025 to 2034. The increasing utilization of petrochemicals in applications such as medical equipment, detergent, tires, plastics, and fertilizers is projected to influence the growth of the segment.
โ€ข Asia Pacific dominated the butane market with a revenue share of 39.4% in 2024. The presence of supportive government policies and subsidies in countries such as India and the growth of end-use industries drive higher consumption of butane in the region.
โ€ข North America is anticipated to witness significant growth from 2025 to 2034. The rapid advancement of the shale revolution in the US and the development of new hydrocarbon gas liquid facilities along the Gulf Coast are key contributors to the regional market growth.

๐†๐ž๐จ๐ ๐ซ๐š๐ฉ๐ก๐ข๐œ๐š๐ฅ ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž
โ€ข North America (U.S., Canada)
โ€ข Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
โ€ข Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
โ€ข Latin America (Brazil, Mexico, Argentina)
โ€ข Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ
The butane market analysis is mainly based on application and region. Based on application, the LPG segment witnessed the fastest growth. The growing exhaustion of LPG as a fuel for warming and cooking in commercial and domestic applications foremost pushes the strong growth of the segment. Additionally, the growing demand for auto fuel because of the escalated usage of cars and other vehicles for everyday travel influences the segment's dominance in the market.

Butane Market, Application Outlook (Revenue - USD Billion, 2020-2034)
โ€ข LPG
o Residential/Commercial
o Chemical/Petrochemical
o Industrial
o Auto Fuel
o Refinery
o Others
โ€ข Petrochemicals
โ€ข Refineries
โ€ข Others

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐“๐ก๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‚๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ž๐ซ๐ž:
https://www.polarismarketresearch.com/industry-analysis/butane-market

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:
Dairy Enzymes Market
https://www.polarismarketresearch.com/industry-analysis/dairy-enzymes-market

Baking Enzymes Market
https://www.polarismarketresearch.com/industry-analysis/baking-enzymes-market

Sucrose Esters Market
https://www.polarismarketresearch.com/industry-analysis/sucrose-esters-market

Fructose Market
https://www.polarismarketresearch.com/industry-analysis/fructose-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:
๐‹๐ข๐ค๐ก๐ข๐ฅ ๐†
8 The Green Ste 19824,
Dover, DE 19901,
United States
Phone: +1-929 297-9727
Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
Follow Us: LinkedIn | Twitter

๐€๐›๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก & ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐ˆ๐ง๐œ:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release The Butane Market is projected to reach USD 96.02 billion by 2034, growing at a CAGR of 4.6%. here

News-ID: 3874247 • Views: โ€ฆ

More Releases from Polaris Market Research & Consulting

Lawn & Garden Consumables Market to Attain $33.95 Billion by 2034, Unveiled in Latest Report, Showing a 4.28% CAGR
Lawn & Garden Consumables Market to Attain $33.95 Billion by 2034, Unveiled in L โ€ฆ
Global Lawn & Garden Consumables Market is currently valued at USD 22.34 Billion in 2024 and is anticipated to generate an estimated revenue of USD 33.95 Billion by 2034, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 4.28% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2025 - 2034. Polaris Market Research has introduced the latest market researchโ€ฆ
Hydraulic Cylinder Market Growth Insights Shared in Detailed Report 2025, Forecasts to 2034
Hydraulic Cylinder Market Growth Insights Shared in Detailed Report 2025, Foreca โ€ฆ
Global Hydraulic Cylinder Market is currently valued at USD 16.80 Billion in 2024 and is anticipated to generate an estimated revenue of USD 25.71 Billion by 2034, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 4.36% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2025 - 2034. Polaris Market Research has introduced the latest market research report titledโ€ฆ
Small Modular Reactor Market to Experience Steady Growth in The Future 2025-2034 | Fluor Corporation, ARC Energy LLC, Kairos Power, Inc.
Small Modular Reactor Market to Experience Steady Growth in The Future 2025-2034 โ€ฆ
Global Small Modular Reactor Market is currently valued at USD 5.94 Billion in 2024 and is anticipated to generate an estimated revenue of USD 7.95 Billion by 2034, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 2.97% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2025 - 2034. Polaris Market Research has introduced the latest market research reportโ€ฆ
Gallium Nitride Semiconductor Devices Market is Expected to Grow at a CAGR of over 26.8% During 2025-2034
Gallium Nitride Semiconductor Devices Market is Expected to Grow at a CAGR of ov โ€ฆ
Global Gallium Nitride Semiconductor Devices Market is currently valued at USD 3.00 Billion in 2024 and is anticipated to generate an estimated revenue of USD 32.31 Billion by 2034, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 26.8% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2025 - 2034 Polaris Market Research has introduced the latest market researchโ€ฆ

All 5 Releases


More Releases for Butane

Butane Production Cost Report by Procurement Resource
Procurement Resource, a leading provider of procurement intelligence and market research solutions, has launched its latest Butane Production Cost Report. This in-depth report provides a roadmap for entrepreneurs and businesses looking to establish a successful butane production unit, offering critical insights into industry trends, plant setup, machinery requirements, cost structures, and investment opportunities. Request for a Free Sample Report: https://www.procurementresource.com/production-cost-report-store/butane/request-sample Butane: A Key Industrial Hydrocarbon Butane is a highly flammable, colorless hydrocarbonโ€ฆ
Urban Population Density Growth Fuels Butane Gas Cartridges Market: Key Factor D โ€ฆ
The Butane Gas Cartridges Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories]. What Is the Expected Butane Gas Cartridges Market Size During the Forecast Period? Over the past few years, the market size for butane gas cartridges has experienced significant growth. The projections indicate an increaseโ€ฆ
Fueling Demand: Butane Gas Cartridges Market Expansion
The Business Research Company recently released a comprehensive report on the Global Butane Gas Cartridges Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry. Ready to Dive into Something Exciting? Get Your Free Exclusiveโ€ฆ
Butane Market Research Report Up to 2031
Visiongain has published a new report on Butane Market Report to 2031: Forecasts Market Analysis by Type (Isobutane, N- Butane) Market Analysis by Application (Liquefied Petroleum Gas (LPG), Petrochemicals, Refinery, Others Applications) Market Analysis by End-User (Transportation, Residential, Agriculture, Refrigerant, Industrial, Other End-user Industries) PLUS COVID-19 Impact Analysis and Recovery Pattern Analysis (V-shaped, W-shaped, U-shaped, L-shaped) Profiles of Leading Companies, Region and Country. Download Exclusive Sample of Report @ https://www.visiongain.com/report/butane-market/#download_sampe_div Anโ€ฆ
Butane Market Outlook To 2024
Butane Market Outlook To 2024: Key Application Categories (Petrochemicals, Refineries, LPG), Regional Segmentation, Competitive Dynamics, Pricing Analysis (OPP, IPP, RAP) And Segment Forecast The global butane market was valued at $60.1 billion in 2016 and is expected to reach 81.3 billion by 2024. Rising demand for energy along with increasing application scope such as a fuel for cigarette lighters, as propellants in aerosol sprays, are adding a stable value to theโ€ฆ
Butane Market Outlook To 2024
Butane Market Outlook To 2024: Key Application Categories (Petrochemicals, Refineries, LPG), Regional Segmentation, Competitive Dynamics, Pricing Analysis (OPP, IPP, RAP) And Segment Forecast The global butane market was valued at $60.1 billion in 2016 and is expected to reach 81.3 billion by 2024. Rising demand for energy along with increasing application scope such as a fuel for cigarette lighters, as propellants in aerosol sprays, are adding a stable value to theโ€ฆ