Butane, Propane, and Bio-fuels – New Procurement Research Reports Now Available From SpendEdge
LONDON–(BUSINESS WIRE)–#biofuels—SpendEdge,
a global procurement intelligence advisory firm, has launched three
procurement research reports on the utilities
category. To help clients understand the current supply landscape of
the utilities sector, analysts have covered reports such as ‘Butane
Procurement Research Report’, ‘Propane
Procurement Research Report’, and ‘Bio-fuels
Procurement Research Report’.
Global Butane Category – Procurement Market Intelligence Report:
The growth of the global butane market can be attributed to the rapid
increase in the demand for LPG. Also, the rise in awareness about the
harmful effects of traditional fuels is encouraging the adoption of LPG
which is eco-friendly when compared to the conventional and other fossil
fuels such as gasoline. Moreover, the high demand for butane from APAC
can be attributed to the increase in consumption by its end-user
segments which include domestic fuel, automotive fuel, chemicals, and
consumer products.
Looking for more insights from this report? Request
a free sample report
Butane – Procurement Challenges:
- The fluctuations in butane prices.
- The challenges in procuring data regarding suppliers’ operations.
To overcome the above-mentioned procurement challenges, the buyers in
this market should identify and engage in long-term contracts with
suppliers. Adopting this procurement practice helps the buyers in
obtaining considerable discounts in addition to receiving value-added
services such as training of workers regarding the safe handling of
butane.
This report is available at a discount for a limited time only: View
the report snapshot before purchasing
Global Propane Category – Procurement Market Intelligence Report:
The growth of the global propane market can be attributed to the
increase in the use of propane in PDH process. The supply shortages and
the rise in propane prices have encouraged firms in the petrochemical
industry to produce propylene through PDH process. Also, the
availability of low-cost propane is a significant factor contributing to
the rise in adoption of PDH process to manufacture propylene.
Looking for more insights from this report? Request
a free sample report
Propane – Procurement Challenges:
- The difficulty in estimating procurement budgets.
-
Challenges in conducting quality audits at production facilities of
suppliers.
To overcome the above-mentioned procurement challenges, the buyers in
this market should identify and engage with suppliers that help them in
demand forecasting. This is because the high volatility of crude oil
prices leads to fluctuation in the cost of propane. Also, the buyers
should adopt the procurement practice of conducting quality audits at
production facilities of suppliers; this is necessary as it offers them
assurance regarding compliance with pre-defined specifications and
quality of the product.
This report is available at a discount for a limited time only: View
the report snapshot before purchasing
Global Bio-fuels Category – Procurement Market Intelligence Report:
The growth of the bio-fuels market can be attributed to the rise in
demand for biogas from the end-user industries. The end-users of
bio-fuels include sectors such as the automotive, marine, and aviation.
The rise in government initiatives regarding the use of sustainable
fuels in the production process has also contributed considerably to the
market growth. Moreover, the demand for biogas is increasing across
end-user industries for generation of electricity and heat which is used
as transportation fuel.
Looking for more insights from this report? Request
a free sample report
Bio-fuels – Procurement Challenges:
- The difficulty in estimating the procurement budgets.
- The volatility of raw materials prices.
To overcome the above-mentioned procurement challenges, the buyers in
this market space should engage with suppliers that assist them in
forecasting the prices of biofuel based on the demand-supply scenario
over the contract period. The buyers prefer to engage with suppliers
that have in-house capabilities to produce biofuel feedstocks or have
tie-ups with farmers. Additionally, engaging with suppliers that have
vertically integrated supply chains will minimize the risks associated
with supply disruptions.
This report is available at a discount for a limited time only: View
the report snapshot before purchasing
To view our complete portfolio of utilities procurement research
reports, visit: https://www.spendedge.com/store/industries/utilities
About SpendEdge
SpendEdge shares your passion for driving sourcing and procurement
excellence. We are a preferred procurement intelligence partner for
Fortune 500 firms and other leading companies across numerous
industries. Our strength lies in delivering robust, real-time
procurement market intelligence that helps sourcing and procurement
professionals make informed decisions. These innovative procurement
solutions help enterprises transform structural capabilities, improve
execution efficiency, and fast-track time to savings.
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Shilpa Balakrishnan
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