Product Code: ETC090320 | Publication Date: Jun 2021 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The United States Butane Market is a growing sector driven by diverse applications spanning from residential and commercial heating to petrochemical production. The market is influenced by factors such as the increasing demand for LPG as a clean and efficient fuel source, as well as the expanding petrochemical industry. The US Butane Market is characterized by a competitive landscape with key players including ExxonMobil, Chevron Corporation, and Phillips 66 among others. Regulatory initiatives promoting clean energy sources and the growing adoption of LPG in various industries are expected to further drive the market growth. However, fluctuations in crude oil prices and environmental concerns regarding carbon emissions pose challenges to the market`s expansion. Overall, the US Butane Market is poised for steady growth in the coming years.
The United States Butane Market is experiencing several key trends. The growing demand for clean and efficient energy sources has led to an increased use of butane as a fuel for various applications, including residential heating, cooking, and industrial processes. Additionally, the expanding petrochemical industry in the US is driving the demand for butane as a feedstock for the production of various chemicals and plastics. Furthermore, the rise in popularity of camping and outdoor activities is also contributing to the growth of the butane market, as portable butane stoves and torches become more widely used. With the increasing emphasis on sustainability and environmental regulations, there is also a growing interest in using butane as a low-emission alternative to traditional fossil fuels.
The United States Butane Market faces several challenges, including fluctuating crude oil prices, strict regulations on environmental emissions, and competition from alternative energy sources. The volatility in crude oil prices directly impacts the cost of butane production and can lead to uncertainty for market players. Additionally, regulatory pressures to reduce emissions and promote cleaner energy sources pose challenges for the butane industry, which may struggle to meet stringent environmental standards. Furthermore, the increasing popularity of renewable energy sources like solar and wind power provides alternative options for consumers, potentially reducing the demand for butane products. Market participants in the US Butane Market must navigate these challenges while also adapting to changing consumer preferences and regulatory landscapes to remain competitive in the industry.
The United States Butane Market offers a range of investment opportunities due to its versatile applications in various industries such as petrochemicals, automotive, and residential sectors. With the increasing demand for butane as a feedstock for producing gasoline blendstocks and as a fuel for heating and cooking appliances, there is a growing need for infrastructure development and storage facilities to meet market demands. Investing in butane production, storage, and distribution companies, as well as in research and development for innovative butane applications, can be lucrative opportunities in the US market. Additionally, with the rising focus on clean energy and sustainability, investing in technologies for processing butane as a cleaner fuel alternative could also present promising investment prospects in the evolving energy landscape.
Government policies related to the US Butane Market primarily focus on regulations governing the production, storage, transportation, and sale of butane. The Environmental Protection Agency (EPA) regulates emissions from butane production facilities to minimize environmental impact. The Department of Transportation (DOT) sets standards for the safe transportation of butane through pipelines, trucks, and railcars. The Occupational Safety and Health Administration (OSHA) enforces workplace safety regulations for employees working with butane. Additionally, the Department of Energy (DOE) monitors energy production and consumption trends, which can impact the demand for butane as a fuel source. Overall, government policies aim to ensure the safe and responsible handling of butane while promoting energy efficiency and environmental sustainability in the US Butane Market.
The future outlook for the United States Butane Market appears positive, driven by increasing demand from various end-use industries such as petrochemicals, refineries, and automotive. The growing adoption of butane as a feedstock for the production of gasoline blending and petrochemicals is expected to fuel market growth. Additionally, the expanding use of butane in residential and commercial applications, such as heating and cooking, further contributes to market expansion. However, regulatory challenges and volatility in crude oil prices may pose some restraints. Technological advancements in butane processing and distribution, along with a shift towards sustainable practices, are likely to offer opportunities for market players. Overall, the US Butane Market is anticipated to witness steady growth in the coming years, supported by diverse application sectors and evolving industry trends.
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 United States (US) Butane Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Butane Market Revenues & Volume, 2021 & 2031F |
3.3 United States (US) Butane Market - Industry Life Cycle |
3.4 United States (US) Butane Market - Porter's Five Forces |
3.5 United States (US) Butane Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 United States (US) Butane Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 United States (US) Butane Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for natural gas liquids (NGLs) as a feedstock in petrochemical industry |
4.2.2 Growing adoption of butane as a fuel for various applications, such as cooking and heating |
4.2.3 Expansion of the oil and gas industry in the United States |
4.3 Market Restraints |
4.3.1 Fluctuating crude oil prices impacting the overall cost of butane production |
4.3.2 Stringent government regulations related to emissions and environmental concerns affecting butane usage |
5 United States (US) Butane Market Trends |
6 United States (US) Butane Market, By Types |
6.1 United States (US) Butane Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Butane Market Revenues & Volume, By Type, 2018 - 2027F |
6.1.3 United States (US) Butane Market Revenues & Volume, By Gasoline Crude Oil, 2018 - 2027F |
6.1.4 United States (US) Butane Market Revenues & Volume, By Natural Gas, 2018 - 2027F |
6.1.5 United States (US) Butane Market Revenues & Volume, By Isobutane, 2018 - 2027F |
6.1.6 United States (US) Butane Market Revenues & Volume, By Others, 2018 - 2027F |
6.2 United States (US) Butane Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 United States (US) Butane Market Revenues & Volume, By LPG, 2018 - 2027F |
6.2.3 United States (US) Butane Market Revenues & Volume, By Petrochemicals, 2018 - 2027F |
6.2.4 United States (US) Butane Market Revenues & Volume, By Refineries, 2018 - 2027F |
6.2.5 United States (US) Butane Market Revenues & Volume, By Others, 2018 - 2027F |
7 United States (US) Butane Market Import-Export Trade Statistics |
7.1 United States (US) Butane Market Export to Major Countries |
7.2 United States (US) Butane Market Imports from Major Countries |
8 United States (US) Butane Market Key Performance Indicators |
8.1 Average price of NGLs in the US market |
8.2 Number of residential and commercial users switching to butane as a fuel source |
8.3 Investment in oil and gas infrastructure development in the United States |
9 United States (US) Butane Market - Opportunity Assessment |
9.1 United States (US) Butane Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 United States (US) Butane Market Opportunity Assessment, By Application, 2021 & 2031F |
10 United States (US) Butane Market - Competitive Landscape |
10.1 United States (US) Butane Market Revenue Share, By Companies, 2021 |
10.2 United States (US) Butane Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |