Market Overview:
The global N-Butane market is expected to grow at a CAGR of 3.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for N-Butane from various applications such as fuel gas, synthetic rubber, ethylene and butadiene, and others. Additionally, the growing demand for N-Butane in Asia Pacific is expected to drive the growth of the global N-Butane market during the forecast period.
Product Definition:
A hydrocarbon consisting of four carbon atoms and six hydrogen atoms, C4H10. It is a colorless, odorless gas used as a fuel and as a refrigerant.
Natural:
Natural gas is the by-product obtained during the separation of oil from water. Natural gas contains carbon dioxide and hydrogen sulfide. The main raw materials used for producing natural gas are coal, shale, and sand.
Synthetic:
Synthetic is a man-made material, which is produced in laboratories using various processes. It has similar properties as that of natural gas. Synthetic butane also called N-butane, is a colorless and highly flammable liquid with an odor similar to gasoline.
Application Insights:
The global n-butane market is segmented based on application into fuel gas, ethylene and butadiene, synthetic rubber, and others. The other applications include pharmaceuticals and cosmetics. Among these other applications include pharmaceuticals are expected to be the major application segment over the forecast period owing to increasing demand for medicines across the globe.
Fuel gas was estimated as the largest application in 2017 accounting for a share of more than 80%. Growing demand from petrochemical plants coupled with low prices has been encouraging various companies including Mitsubishi Materials Corporation (MMC), Samsung Heavy Industries (SHI) & Hyundai Mipoong Co., Ltd to invest in expanding their facilities in order to cater high growth markets such as China Japan South Korea Australia Indonesia Malaysia Thailand Russia etcetera. This factor is anticipated to drive product consumption over next seven years thereby supporting industry growth during this period of time.
Regional Analysis:
Asia Pacific dominated the global n-butane market in 2017, accounting for a share of over 45.0% owing to the high demand from various application industries coupled with low prices of natural gas and petroleum products. The region is expected to witness significant growth on account of increasing fuel consumption along with rapid industrialization and urbanization in countries such as China, India, Indonesia, Malaysia and Thailand among others.
The Asia Pacific was followed by North America which accounted for a share of over 24.0% in terms of volume consumed in 2017 due to growing fuel consumption especially from automotive industry coupled with stringent environmental regulations by U.S., Canada EPA regarding gasoline/petrolium fuels used across major cities nation-wide thus leading consumers towards biofuels including E85 gasoline as an alternative thereby driving up product demand across this region since 2013AD (Automotive Diaries).
Growth Factors:
- Increasing demand for N-Butane in the Asia Pacific region as a result of the growth of end-use industries such as petrochemicals, pharmaceuticals, and agrochemicals.
- Rising demand for N-Butane from emerging countries such as China and India due to the growth of their economies and rising population levels.
- Growing use of N-Butane in refrigeration systems owing to its properties such as low flammability and environmental friendliness.
- Increasing adoption of isobutylene production technology that uses N-Butane as a feedstock, which is expected to boost the market growth during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
N-Butane Market Research Report
By Type
Natural, Synthetic
By Application
Fuel Gas, Synthetic Rubber, Ethylene and Butadiene, Others
By Companies
Sibur, Chevron Phillips Chemical, TPC Group, Air Liquide, Ningbo Haiyue New Material, Puyang Zhongwei Fine Chemical, Guangrao Huabang Chemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
207
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global N-Butane Market Report Segments:
The global N-Butane market is segmented on the basis of:
Types
Natural, Synthetic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Fuel Gas, Synthetic Rubber, Ethylene and Butadiene, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sibur
- Chevron Phillips Chemical
- TPC Group
- Air Liquide
- Ningbo Haiyue New Material
- Puyang Zhongwei Fine Chemical
- Guangrao Huabang Chemical
Highlights of The N-Butane Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Natural
- Synthetic
- By Application:
- Fuel Gas
- Synthetic Rubber
- Ethylene and Butadiene
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the N-Butane Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
N-Butane is a hydrocarbon that is found in natural gas and oil. It has a boiling point of 78 degrees Fahrenheit and a density of 0.8 grams per cubic centimeter.
Some of the major companies in the n-butane market are Sibur, Chevron Phillips Chemical, TPC Group, Air Liquide, Ningbo Haiyue New Material, Puyang Zhongwei Fine Chemical, Guangrao Huabang Chemical.
The n-butane market is expected to register a CAGR of 3.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 N-Butane Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 N-Butane Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 N-Butane Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the N-Butane Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global N-Butane Market Size & Forecast, 2020-2028
4.5.1 N-Butane Market Size and Y-o-Y Growth
4.5.2 N-Butane Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Natural
5.2.2 Synthetic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Fuel Gas
6.2.2 Synthetic Rubber
6.2.3 Ethylene and Butadiene
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global N-Butane Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 N-Butane Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Natural
9.6.2 Synthetic
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Fuel Gas
9.10.2 Synthetic Rubber
9.10.3 Ethylene and Butadiene
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Natural
10.6.2 Synthetic
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Fuel Gas
10.10.2 Synthetic Rubber
10.10.3 Ethylene and Butadiene
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Natural
11.6.2 Synthetic
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Fuel Gas
11.10.2 Synthetic Rubber
11.10.3 Ethylene and Butadiene
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Natural
12.6.2 Synthetic
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Fuel Gas
12.10.2 Synthetic Rubber
12.10.3 Ethylene and Butadiene
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Natural
13.6.2 Synthetic
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Fuel Gas
13.10.2 Synthetic Rubber
13.10.3 Ethylene and Butadiene
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 N-Butane Market: Competitive Dashboard
14.2 Global N-Butane Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sibur
14.3.2 Chevron Phillips Chemical
14.3.3 TPC Group
14.3.4 Air Liquide
14.3.5 Ningbo Haiyue New Material
14.3.6 Puyang Zhongwei Fine Chemical
14.3.7 Guangrao Huabang Chemical
