Product Code: ETC090342 | Publication Date: Jun 2021 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Butane Market involves the production and distribution of butane gas, used in various applications including fuel for lighters, portable stoves, and as a feedstock in petrochemical industries.
Growth in the South Korean butane market is driven by its applications as a fuel, refrigerant, and feedstock in industrial, commercial, and residential sectors. Butane`s clean burning properties and versatility support its use in heating, cooking, and petrochemical processes, meeting diverse energy needs.
Managing volatility in crude oil prices and balancing supply chain complexities poses challenges for stakeholders in the butane market.
Government policies in South Korea regarding the butane market primarily focus on safety regulations, storage requirements, and environmental standards. The government sets guidelines for the handling, transportation, and storage of butane to ensure public safety and prevent environmental hazards. Regulations also govern the import and export of butane, aiming to maintain supply stability and meet domestic demand. Additionally, policies encourage the use of butane in industrial applications while promoting energy efficiency and sustainability in the energy sector.
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 South Korea Butane Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Butane Market Revenues & Volume, 2021 & 2031F |
3.3 South Korea Butane Market - Industry Life Cycle |
3.4 South Korea Butane Market - Porter's Five Forces |
3.5 South Korea Butane Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 South Korea Butane Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 South Korea Butane Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for LPG (liquefied petroleum gas) as a clean and efficient fuel in South Korea. |
4.2.2 Growth in the petrochemical industry, leading to higher demand for butane as a feedstock. |
4.2.3 Government initiatives promoting the use of LPG and butane as environmentally friendly energy sources. |
4.3 Market Restraints |
4.3.1 Volatility in crude oil prices impacting the cost of butane production and pricing. |
4.3.2 Competition from alternative energy sources such as natural gas and renewable energy. |
4.3.3 Stringent regulations and safety standards governing the storage and handling of butane. |
5 South Korea Butane Market Trends |
6 South Korea Butane Market, By Types |
6.1 South Korea Butane Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 South Korea Butane Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 South Korea Butane Market Revenues & Volume, By Gasoline Crude Oil, 2021-2031F |
6.1.4 South Korea Butane Market Revenues & Volume, By Natural Gas, 2021-2031F |
6.1.5 South Korea Butane Market Revenues & Volume, By Isobutane, 2021-2031F |
6.1.6 South Korea Butane Market Revenues & Volume, By Others, 2021-2031F |
6.2 South Korea Butane Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 South Korea Butane Market Revenues & Volume, By LPG, 2021-2031F |
6.2.3 South Korea Butane Market Revenues & Volume, By Petrochemicals, 2021-2031F |
6.2.4 South Korea Butane Market Revenues & Volume, By Refineries, 2021-2031F |
6.2.5 South Korea Butane Market Revenues & Volume, By Others, 2021-2031F |
7 South Korea Butane Market Import-Export Trade Statistics |
7.1 South Korea Butane Market Export to Major Countries |
7.2 South Korea Butane Market Imports from Major Countries |
8 South Korea Butane Market Key Performance Indicators |
8.1 Number of new LPG vehicle registrations in South Korea. |
8.2 Percentage of butane consumption in the petrochemical industry compared to other feedstocks. |
8.3 Investment in infrastructure for LPG distribution and storage facilities in the country. |
9 South Korea Butane Market - Opportunity Assessment |
9.1 South Korea Butane Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 South Korea Butane Market Opportunity Assessment, By Application, 2021 & 2031F |
10 South Korea Butane Market - Competitive Landscape |
10.1 South Korea Butane Market Revenue Share, By Companies, 2024 |
10.2 South Korea Butane Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |