Press release
Global Butane Market Forcast To Grow At CAGR Of 7.60% Between 2017-2021
About Butane Market
Butane is a hydrocarbon belonging to the alkane family, which has two structural isomers: n-butane (normal butane) or isobutene. It is characterized as a colorless, flammable, and easily liquefiable gas. One of the common sources for butane extraction is gas processing plants that are mostly located close to natural gas or crude oil reservoirs. Basically, butane is produced as a byproduct of crude oil production and refining.
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Technavios analysts forecast the global butane market to grow at a CAGR of 7.60% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global butane market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
APAC
Europe
North America
South America
MEA
Technavio's report, Global Butane Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
BP
Chevron Phillips Chemical
ConocoPhillips
ExxonMobil
Total
Other prominent vendors
Air Liquide
China Petroleum & Chemical Corporation
DEVON ENERGY CORPORATION
Linde
Shell
Market driver
Advantages of LPG as auto fuel over conventional fuels
For a full, detailed list, view our report
Market challenge
Fluctuation in raw material prices
For a full, detailed list, view our report
Market trend
Increasing number of strategic alliances
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
Market outline
PART 05: MARKET LANDSCAPE
Market overview
Market size and forecast
Five forces analysis
PART 06: MARKET SEGMENTATION BY APPLICATION
Global butane market by application
Comparison by application
LPG market size & forecast
Petrochemicals market size & forecast
Refineries market size & forecast
Other applications market size & forecast
Market opportunity by application
PART 07: REGIONAL LANDSCAPE
Global butane market by geography
Regional comparison
APAC market size & forecast
MEA market size & forecast
North America market size & forecast
Europe market size & forecast
South America market size & forecast
Market opportunity
PART 08: DECISION FRAMEWORK
PART 09: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 10: MARKET TRENDS
Increasing number of strategic alliances
Recent developments in South African LPG market
PART 11: VENDOR LANDSCAPE
Competitive scenario
Major market vendors
Other prominent vendors
PART 12: VENDOR ANALYSIS
Vendor overview
BP
Chevron Phillips Chemical
ConocoPhillips
ExxonMobil
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