| Product Code: ETC4698228 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Belgium`s butane import market in 2024 continued to be dominated by key suppliers such as Germany, Netherlands, Turkey, Metropolitan France, and Norway. The high Herfindahl-Hirschman Index (HHI) suggests a concentrated market, indicating significant market power among a few major players. With a notable compound annual growth rate (CAGR) of 10.75% from 2020 to 2024 and a strong growth rate of 34.98% from 2023 to 2024, the butane import market in Belgium is experiencing robust expansion and remains an area of interest for market observers and industry players alike.

The butane market in Belgium is experiencing steady growth due to its wide range of applications, including residential heating, cooking, and as a fuel for lighters and portable stoves. The demand for butane is also driven by its use as a feedstock in the petrochemical industry for producing chemicals and synthetic rubber. Government policies promoting the use of cleaner fuels and the development of efficient energy infrastructure are supporting the growth of the butane market.
The Belgium Butane Market is driven by the increasing demand for butane in various applications, including as a fuel for heating, cooking, and in lighters. The growth in the petrochemical industry, where butane is used as a feedstock for producing ethylene and other chemicals, also contributes to market expansion. Additionally, the rising use of butane in the production of liquefied petroleum gas (LPG) for residential and commercial purposes supports market growth. The demand for butane in the automotive sector as a component in gasoline blending further drives the market.
The butane market in Belgium is challenged by volatility in crude oil prices and stringent environmental regulations. Fluctuations in crude oil prices can significantly impact the cost and supply of butane, making it difficult for companies to manage pricing and supply chain logistics. Environmental regulations aimed at reducing greenhouse gas emissions and promoting cleaner energy sources also pose challenges, as companies must invest in cleaner technologies and comply with regulatory standards, which can increase operational costs.
The butane market in Belgium is influenced by government policies related to energy security and environmental sustainability. The Belgian government is promoting the use of cleaner fuels, including butane, as part of its efforts to reduce carbon emissions and enhance energy efficiency. Regulations and incentives supporting the adoption of LPG (liquefied petroleum gas) as an alternative to traditional fuels are positively impacting the butane market. Additionally, policies aimed at improving energy infrastructure and ensuring a stable supply of energy resources are contributing to the growth of the butane market in Belgium.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Belgium Butane Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Butane Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Butane Market - Industry Life Cycle |
3.4 Belgium Butane Market - Porter's Five Forces |
3.5 Belgium Butane Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Belgium Butane Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Belgium Butane Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Belgium Butane Market Trends |
6 Belgium Butane Market Segmentations |
6.1 Belgium Butane Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Butane Market Revenues & Volume, By Gasoline Crude Oil, 2021-2031F |
6.1.3 Belgium Butane Market Revenues & Volume, By Natural Gas, 2021-2031F |
6.1.4 Belgium Butane Market Revenues & Volume, By Isobutane, 2021-2031F |
6.1.5 Belgium Butane Market Revenues & Volume, By Others, 2021-2031F |
6.2 Belgium Butane Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Belgium Butane Market Revenues & Volume, By LPG, 2021-2031F |
6.2.3 Belgium Butane Market Revenues & Volume, By Petrochemicals, 2021-2031F |
6.2.4 Belgium Butane Market Revenues & Volume, By Refineries, 2021-2031F |
6.2.5 Belgium Butane Market Revenues & Volume, By Others, 2021-2031F |
7 Belgium Butane Market Import-Export Trade Statistics |
7.1 Belgium Butane Market Export to Major Countries |
7.2 Belgium Butane Market Imports from Major Countries |
8 Belgium Butane Market Key Performance Indicators |
9 Belgium Butane Market - Opportunity Assessment |
9.1 Belgium Butane Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Belgium Butane Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Belgium Butane Market - Competitive Landscape |
10.1 Belgium Butane Market Revenue Share, By Companies, 2024 |
10.2 Belgium Butane Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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