Butanes Market to Cross $156 Billion by 2030: LPG End-use Segment to Account for $104.8 Billion - Global Market Trends, Analysis, Opportunities, Player Strategies and More (2024-2030)


Dublin, July 18, 2024 (GLOBE NEWSWIRE) -- The "Butanes - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Butanes is estimated at US$112 Billion in 2023 and is projected to reach US$156.4 Billion by 2030, growing at a CAGR of 4.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.



Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Liquefied Petroleum Gas (LPG) End-Use segment, which is expected to reach US$104.8 Billion by 2030 with a CAGR of a 4.7%. The Petrochemical End-Use segment is also set to grow at 5.9% CAGR over the next 7 years.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $29.8 Billion in 2023, and China, forecasted to grow at an impressive 8.6% CAGR to reach $36.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Butanes Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Butanes Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Butanes Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as BP PLC, Chevron Corporation, China National Petroleum Corporation, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 27 Featured):

  • BP PLC
  • Chevron Corporation
  • China National Petroleum Corporation
  • China Petroleum & Chemical Corporation (SINOPEC)
  • ConocoPhillips Company
  • ExxonMobil Corporation
  • Royal Dutch Shell PLC
  • Total SA

Key Attributes

Report AttributeDetails
No. of Pages187
Forecast Period2023-2030
Estimated Market Value (USD) in 2023$112 Billion
Forecasted Market Value (USD) by 2030$156.4 Billion
Compound Annual Growth Rate4.9%
Regions CoveredGlobal

For more information about this report visit https://www.researchandmarkets.com/r/yfre3c

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Butanes Market

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