Global Butane Market Size, Market Share, Application Analysis, Regional Outlook, Growth, Trends, Competitive Scenario and Forecasts, 2012 to 2020

Hexa Research Inc.

Industry Research,Custom Research & Consulting

Global Butane Market Size, Market Share, Application

Analysis, Regional Outlook, Growth, Trends, Competitive

Scenario And Forecasts, 2012 To 2020

Industry Insights

Global increase in use of butane in the form of Liquefied Petroleum Gas (LPG) for household &

commercial sectors is expected to drive butane market growth over the next six years. A significant

increase in demand for butane as LPG is anticipated from Asia Pacific especially from countries such as

China & India owing to increasing application in cooking & heating from household & commercial sector.

Increasing monetary assistance in the form of subsidies from respective government in these regions

coupled with burgeoning population is expected to significantly augment the market growth. Increasing

use of LPG as feedstock in chemical & petroleum refineries is expected to fuel butane market growth

over the next forecast period.

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Hexa Research Inc.

Industry Research,Custom Research & Consulting

LPG is used as a substitute for crude oil & natural gas with large consumption in olefins manufacturing

industry. Major demand for butane in the form of LPG is expected from North America and Middle East

owing to large number of refineries operating in these regions.

Global increase in demand for automobiles is expected to have positive impact on butane market

growth over the next six years. LPG is anticipated to be a preferable choice in automobile fuel owing to

low maintenance cost and being eco-friendly. Increasing demand for synthetic rubber is expected to

have a positive outlook on butane market growth.

Butane is used as a feedstock in manufacturing ethylene and butadiene, which is a key ingredient for

manufacturing synthetic rubber. Volatile crude oil prices coupled with regulatory issues over growing

environmental concerns is expected to hamper butane...