부탄 시장 : 유형별, 공급원별, 용도별 - 세계 예측(2025-2030년)

The Butane Market was valued at USD 72.80 billion in 2023, expected to reach USD 77.84 billion in 2024, and is projected to grow at a CAGR of 7.02%, to USD 117.08 billion by 2030.

Butane, a colorless, highly flammable hydrocarbon gas, is a byproduct of crude oil refining and natural gas processing. It serves as an essential feedstock in various industrial applications, from fuel production to chemical manufacturing. The necessity of butane is underscored by its versatility and high energy content, which make it indispensable in the production of liquefied petroleum gas (LPG) for heating, cooking, and automotive fuel. Additionally, butane is widely employed in petrochemical industries for producing ethylene and butadiene, necessary precursors for synthetic rubbers and plastics. The end-use scope spans sectors such as residential fuel, industrial processes, and even portable energy solutions in the form of disposable lighters and camping fuel.

Market growth is primarily influenced by the rising demand for clean and efficient fuel alternatives, spurred by stringent environmental regulations. Increasing urbanization and industrialization in emerging markets further drive the demand for butane as a component of LPG. However, the volatility in crude oil prices and stringent safety regulations pose significant challenges. Transportation and storage difficulties due to its highly flammable nature also hinder market growth. An important opportunity lies in the expanding bio-LPG sector, where renewable sources can supplement conventional butane production, aligning with global sustainability goals.

For businesses and investors, innovation in catalytic cracking processes and advancements in storage and transportation solutions offer significant potential. Emphasis on sustainable practices, such as reducing carbon footprints and enhancing extraction efficiency, can provide a competitive edge. Companies should also explore partnerships in emerging markets to leverage the rising demand for cleaner energy solutions. Continuous market research and partnerships with technology firms can lead to breakthroughs in efficient storage and usage, adding value to products and services. The butane market is dynamic, driven by both technological advancements and changing regulatory landscapes, presenting both challenges and opportunities for growth.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Butane Market

The Butane Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

• Market Drivers
  • Increasing production, trade, and consumption of LPG
  • Pure butane application as a refrigerant in domestic refrigerator freezer
  • Rising demand for household energy need such as cooking and heating
• Market Restraints
  • Volatility in spot prices of NGL and crude oil
• Market Opportunities
  • Increase investment in refineries and petrochemical capacities
  • Research & development studies regarding use of butane
• Market Challenges
  • Health effects of using butane

Porter's Five Forces: A Strategic Tool for Navigating the Butane Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Butane Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Butane Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Butane Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Butane Market

A detailed market share analysis in the Butane Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Butane Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Butane Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Butane Market

A strategic analysis of the Butane Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Butane Market, highlighting leading vendors and their innovative profiles. These include Air Liquide, Bharat Petroleum, Blazer Products Inc., British Petroleum, Chevron Corp., ConocoPhillips Inc., Egypt Oil & Gas, Exxon Mobil Corp., Hindustan Petroleum Corporation Limited, Indian Oil Corporation Ltd., Linde PLC, Royal Dutch Shell PLC, Sinopec Group, TotalEnergies SE, and Valero Energy Corporation.

Market Segmentation & Coverage

This research report categorizes the Butane Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Based on Type, market is studied across Isobutane and N-Butane.
• Based on Source, market is studied across Natural Gas Processing and Refining.
• Based on Application, market is studied across Liquefied Petroleum Gas, Petrochemicals, and Refineries. The Liquefied Petroleum Gas is further studied across Auto-fuel, Chemical & Petrochemical, Industrial, Refinery, and Residential & Commercial.
• Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Table of Contents

1. Preface

• 1.1. Objectives of the Study
• 1.2. Market Segmentation & Coverage
• 1.3. Years Considered for the Study
• 1.4. Currency & Pricing
• 1.5. Language
• 1.6. Stakeholders

2. Research Methodology

• 2.1. Define: Research Objective
• 2.2. Determine: Research Design
• 2.3. Prepare: Research Instrument
• 2.4. Collect: Data Source
• 2.5. Analyze: Data Interpretation
• 2.6. Formulate: Data Verification
• 2.7. Publish: Research Report
• 2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

• 5.1. Market Dynamics
  • 5.1.1. Drivers
    • 5.1.1.1. Increasing production, trade, and consumption of LPG
    • 5.1.1.2. Pure butane application as a refrigerant in domestic refrigerator freezer
    • 5.1.1.3. Rising demand for household energy need such as cooking and heating
  • 5.1.2. Restraints
    • 5.1.2.1. Volatility in spot prices of NGL and crude oil
  • 5.1.3. Opportunities
    • 5.1.3.1. Increase investment in refineries and petrochemical capacities
    • 5.1.3.2. Research & development studies regarding use of butane
  • 5.1.4. Challenges
    • 5.1.4.1. Health effects of using butane
• 5.2. Market Segmentation Analysis
• 5.3. Porter's Five Forces Analysis
  • 5.3.1. Threat of New Entrants
  • 5.3.2. Threat of Substitutes
  • 5.3.3. Bargaining Power of Customers
  • 5.3.4. Bargaining Power of Suppliers
  • 5.3.5. Industry Rivalry
• 5.4. PESTLE Analysis
  • 5.4.1. Political
  • 5.4.2. Economic
  • 5.4.3. Social
  • 5.4.4. Technological
  • 5.4.5. Legal
  • 5.4.6. Environmental

6. Butane Market, by Type

• 6.1. Introduction
• 6.2. Isobutane
• 6.3. N-Butane

7. Butane Market, by Source

• 7.1. Introduction
• 7.2. Natural Gas Processing
• 7.3. Refining

8. Butane Market, by Application

• 8.1. Introduction
• 8.2. Liquefied Petroleum Gas
  • 8.2.1. Auto-fuel
  • 8.2.2. Chemical & Petrochemical
  • 8.2.3. Industrial
  • 8.2.4. Refinery
  • 8.2.5. Residential & Commercial
• 8.3. Petrochemicals
• 8.4. Refineries

9. Americas Butane Market

• 9.1. Introduction
• 9.2. Argentina
• 9.3. Brazil
• 9.4. Canada
• 9.5. Mexico
• 9.6. United States

10. Asia-Pacific Butane Market

• 10.1. Introduction
• 10.2. Australia
• 10.3. China
• 10.4. India
• 10.5. Indonesia
• 10.6. Japan
• 10.7. Malaysia
• 10.8. Philippines
• 10.9. Singapore
• 10.10. South Korea
• 10.11. Taiwan
• 10.12. Thailand
• 10.13. Vietnam

11. Europe, Middle East & Africa Butane Market

• 11.1. Introduction
• 11.2. Denmark
• 11.3. Egypt
• 11.4. Finland
• 11.5. France
• 11.6. Germany
• 11.7. Israel
• 11.8. Italy
• 11.9. Netherlands
• 11.10. Nigeria
• 11.11. Norway
• 11.12. Poland
• 11.13. Qatar
• 11.14. Russia
• 11.15. Saudi Arabia
• 11.16. South Africa
• 11.17. Spain
• 11.18. Sweden
• 11.19. Switzerland
• 11.20. Turkey
• 11.21. United Arab Emirates
• 11.22. United Kingdom

12. Competitive Landscape

• 12.1. Market Share Analysis, 2023
• 12.2. FPNV Positioning Matrix, 2023
• 12.3. Competitive Scenario Analysis
• 12.4. Strategy Analysis & Recommendation

Companies Mentioned

• 1. Air Liquide
• 2. Bharat Petroleum
• 3. Blazer Products Inc.
• 4. British Petroleum
• 5. Chevron Corp.
• 6. ConocoPhillips Inc.
• 7. Egypt Oil & Gas
• 8. Exxon Mobil Corp.
• 9. Hindustan Petroleum Corporation Limited
• 10. Indian Oil Corporation Ltd.
• 11. Linde PLC
• 12. Royal Dutch Shell PLC
• 13. Sinopec Group
• 14. TotalEnergies SE
• 15. Valero Energy Corporation