Global Butane Market – Forecast to Grow at a CAGR of 7.6% 2017-2021 – Research and Markets
DUBLIN–(BUSINESS WIRE)–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
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Related
Topics: Petrochemicals,
Refrigerants
