Dec 28, 2017   SOURCE: BusinessWire

Global Butane Market - Forecast to Grow at a CAGR of 7.6% 2017-2021 - Research and Markets

The "Global Butane Market 2017-2021" report has been added to Research and Markets' offering.

The analysts forecast the global butane market to grow at a CAGR of 7.6% during the period 2017-2021.

The 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.

One trend in the market is increasing number of strategic alliances. In January 2017, Butagaz and Global Bioenergies announced the signing of an exclusive partnership for France to incorporate bio-isobutene into butane and propane. Butagaz is a leading French brand and a subsidiary of the Irish DCC Group. It is one of the leading distributors in the French propane and butane markets.

According to the report, one driver in the market is advantages of LPG as auto fuel over conventional fuels. Vehicular emission is one of the major sources of air pollution specifically in the urban areas. To reduce pollution, many governments encourage the use of cleaner and environment-friendly alternative fuels such as LPG. LPG is cleaner than petrol and diesel as it contains comparatively simple hydrocarbon compounds. In addition, LPG does not contain lead or any other additives and has very little sulfur content. The emissions from LPG-driven vehicles contain lower levels of hydrocarbon compounds, nitrogen oxides, air toxics, sulfur oxides, and particulates than that of petrol and diesel based vehicles.

Key vendors

  • BP
  • Chevron Phillips Chemical
  • ConocoPhillips
  • ExxonMobil
  • Total

Other prominent vendors

  • Air Liquide
  • China Petroleum & Chemical Corporation
  • Devon Energy Corporation
  • Linde
  • Shell

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation By Application

Part 07: Regional Landscape

Part 08: Decision Framework

Part 09: Drivers And Challenges

Part 10: Market Trends

Part 11: Vendor Landscape

Part 12: Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/jxwm8j/global_butane