Get the latest insights on price movement and trend analysis of Butane in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Graph and download economic data for Producer Price Index by Industry: Natural Gas Extraction: Butane (PCU21113021113023) from Jun 1984 to Jun 2025 about extraction, gas, PPI, industry, price index, indexes, price, and USA.

Get the latest insights on price movement and trend analysis of Iso Butane in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

United States - Producer Price Index by Industry: Natural Gas Liquids Extraction: Butane was 214.77800 Index Jun 1984=100 in January of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Natural Gas Liquids Extraction: Butane reached a record high of 432.40000 in July of 2008 and a record low of 40.30000 in January of 1999. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Natural Gas Liquids Extraction: Butane - last updated from the United States Federal Reserve on July of 2025.

Graph and download economic data for Producer Price Index by Commodity: Fuels and Related Products and Power: Butane (WPU05320105) from Jun 1977 to Jun 2025 about fuels, commodities, PPI, inflation, price index, indexes, price, and USA.

The Butane Market Report Segments the Industry by Product Type (n-Butane and Iso-Butane), End-User Industry (Residential/Commercial, Industrial (Including Chemical Feed Stock), Engine Fuel, Refinery, and Other End-User Industries), by Source (Natural Gas and Refining), and by Geography (Asia-Pacific, North America, Europe, South America, and Middle East and Africa). The Market Forecasts are Provided in Terms of Volume (Ton).

The global butane market is experiencing robust growth, projected to maintain a Compound Annual Growth Rate (CAGR) exceeding 6% from 2025 to 2033. This expansion is driven by increasing demand from various sectors, primarily the petrochemical industry, where butane serves as a crucial feedstock for the production of plastics, synthetic rubber, and other valuable chemicals. The rising global population and subsequent surge in consumer goods necessitate greater production, fueling the demand for butane. Furthermore, the increasing adoption of liquefied petroleum gas (LPG) as a cleaner-burning fuel in both residential and industrial applications is a significant contributor to market growth. Technological advancements focused on improving extraction and refining processes also enhance efficiency and contribute to the overall market expansion. However, price volatility in crude oil and natural gas, the primary sources of butane, presents a significant challenge. Fluctuations in these raw material prices directly impact butane production costs, impacting profitability and potentially hindering market growth. Stringent environmental regulations regarding emissions also pose constraints, prompting companies to invest in cleaner production technologies. The market is segmented geographically, with North America, Europe, and Asia-Pacific regions representing significant market shares. Major players such as BP, Chevron Phillips Chemical, and ExxonMobil are driving innovation and expanding their market presence through strategic partnerships, mergers, and acquisitions. The competitive landscape is characterized by both large multinational corporations and regional players. Companies are focusing on expanding their product portfolios to cater to the diverse applications of butane, encompassing both fuel and petrochemical segments. Further research and development efforts are directed toward developing sustainable and environmentally friendly production methods, aiming to minimize environmental impact. The forecast period shows a continued upward trajectory for the butane market, although the pace of growth may be influenced by global economic conditions and evolving energy policies. The market is expected to witness further consolidation among key players as they strive to secure their market share and leverage economies of scale. The increasing awareness about the environmental impacts of fossil fuels could also influence the long-term demand for butane, leading to exploration of alternative sustainable fuel sources. Recent developments include: November 2022: BW LPG Limited announced the complete acquisition of Vilma Oil's LPG Trading Operations, which will help the company to accelerate its ambition to expand the Product Services division in the LPG segment., June 2022: Otodata Holding Inc. announced the acquisition of AIUT's LPG branch, which will help the company provide its customers across the globe with advanced data readout, monitoring, metering, and analysis across the LPG and industrial gas industry.. Key drivers for this market are: Rising Demand in Petrochemical Industry, Increasing Demand from Metal Working and Construction Industry. Potential restraints include: Rising Demand in Petrochemical Industry, Increasing Demand from Metal Working and Construction Industry. Notable trends are: Increasing Demand from Residential/Commercial Sector.

Propane fell to 0.70 USD/Gal on August 1, 2025, down 2.49% from the previous day. Over the past month, Propane's price has fallen 3.32%, and is down 3.36% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Propane - values, historical data, forecasts and news - updated on August of 2025.

According to cognitive market research-"Global butane market size 2023 was XX Million. Butane Market compound annual growth rate (CAGR) will be XX% from 2024 till 2031."

  Based on application, the market is segmented into LPG, Petrochemicals, Refineries, Others. In 2022, the LPG application sector held a dominant market share of XX%.
  Based on type, the market is segmented into N-butane and iso-butane. The N-Butane segment held the largest share in the butane market in 2022.
 In 2023, the Asia Pacific region held the greatest proportion of the global butane market. The economy and populations of nations like Bangladesh, Indonesia, China, India, and others are growing quickly.
 Europe presents lucrative growth opportunities owing to the rising production of liquid petroleum gas (LPG) in countries like Russia, Germany, the UK, and others

Current scenario of the global butane market

Key drivers of the Butane Market

Growing Residential LPG Demand Will Fuel Market Expansion

Demand for LPG in residential applications has increased, particularly in emerging nations. The use of LPG cylinders for residential applications is being heavily promoted by governments in emerging nations. The government is providing several subsidies to encourage the use of LPG. For instance, the Pradhan Mantri Ujjwala Yojana, introduced by the Indian government, aims to link undeveloped regions to LPG. The improvement in LPG coverage in India from 61.9% in April 2016 to 105.4% in November 2022, illustrating the growth of the LPG sector in the country in recent years. Furthermore, a growing population and increased disposable income are driving the rapid growth of the hotel industry in emerging nations. It is anticipated that this will in turn create profitable growth prospects in the years to come. https://www.pmuy.gov.in/about.html Furthermore, as there is a large latent demand for LPG in the majority of nations, where LPG supply capacity and distribution facilities remain underdeveloped, LPG demand from the residential and commercial sectors will continue to be a major driver of future demand growth. Growth potential and incremental demand for LPG have been demonstrated by the emergence of new LPG markets in China and South Korea. Furthermore, butane is a necessary ingredient in LPG. The percentage of butane and propane gases in the LPG mixture can vary from 100% propane to 20% propane and about 80% butane, depending on the country and region. Over the course of the projection period, the global market is predicted to rise as new LNG projects and refineries contribute to the LPG sector's expected growth.

Growing Industrial Sector Demand for Butane driving the market growth

For the petrochemical production of ethylene and other derivatives, butane is utilized as a feedstock. Butane is also utilized as a fuel for cigarette lighters and as a feedstock component in the manufacture of base petrochemicals. It is also a component of gasoline in steam cracking. Furthermore, the majority of regular butane is blended with gasoline, especially during the colder months when isobutane is scarcer as a result of isomerization, which also converts regular butane into isobutane. One can utilize regular butane as a feedstock for petrochemicals. Up to 27 million cars worldwide are powered by Autogas, a propane and butane blend. It is the third most used automotive fuel worldwide. https://www.iac.org.in/cleaner-air#:~:text=Autogas%20%2D%20also%20called%20Automotive%20LP,contributing%20significantly%20to%20cleaner%20air. Moreover, isobutane—whether it comes from refineries, natural gas plants, or isomerization from ordinary butane—is utilized to produce alkylates, which increase the octane and decrease the volatility of gasoline. High-purity isobutane can be used as a refrigerant. Because it is less expensive and has less of an impact on the environment, maleic anhydride based on n-butane is the one that is most commonly utilized. Isobutane is used in 392 formulations at up to 98% in nail products, according to data on frequency of use and concentration of use from 2023 and 2022; in powder goods, it was reported to be used in 338 formulations at up to 83% in 2001. https://www.cir-safety.org/sites/default/files/Isobutane.pdf As a result, the expanding needs for butane from the petrochemical and automotive industries are driving up global ...

The Butane Market size is expected to reach a valuation of USD 165.6 billion in 2033 growing at a CAGR of 4.40%. The Butane Market research report classifies Market by share, trend, demand, forecast and based on segmentation.

N Butane Market Outlook

The global N Butane market size was valued at approximately USD 20.7 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2032, reaching an estimated market size of USD 30.4 billion by the end of the forecast period. This growth is driven by various factors, including increased demand across multiple industrial applications and the expansion of end-user industries. The rising need for efficient and clean fuel sources and the development of petrochemical industries are among the primary growth drivers for the N Butane market. Additionally, the adoption of N Butane as a refrigerant and aerosol propellant further contributes to its market expansion.

One of the primary growth factors for the N Butane market is its extensive use in the petrochemical industry. N Butane is a crucial raw material for producing various petrochemical products, including butadiene and isobutylene, which are essential components in manufacturing synthetic rubber and various plastics. The robust growth of the global petrochemical industry due to increased demand for synthetic materials in construction, automotive, and consumer goods sectors is significantly propelling the demand for N Butane. Furthermore, advancements in petrochemical processing technologies have enhanced the efficiency of N Butane utilization, thereby boosting its market prospects.

Another significant factor contributing to the growth of the N Butane market is its role as a fuel. N Butane is used as a cleaner and cost-effective fuel alternative in various sectors, including residential heating and cooking, as well as in the transportation sector as a component of liquefied petroleum gas (LPG). The growing emphasis on reducing carbon emissions and transitioning to cleaner energy sources in the global energy landscape has bolstered the demand for N Butane. Additionally, the cost-effectiveness and high calorific value of N Butane make it an attractive option in regions with abundant natural gas reserves, further driving market growth.

The application of N Butane as a refrigerant and aerosol propellant is also contributing to its market expansion. In the refrigeration industry, N Butane is favored due to its low global warming potential (GWP) and excellent thermodynamic properties, making it an environmentally friendly alternative to traditional refrigerants. Similarly, in the aerosol industry, the use of N Butane as a propellant is increasing due to its non-toxic and non-ozone depleting characteristics. The growing awareness and regulatory push towards sustainable and eco-friendly products are leading to an increased adoption of N Butane in these applications, thus supporting market growth.

The chemical industry also sees the utilization of N-Butyl Cyanide, a versatile compound with significant applications. N-Butyl Cyanide is often used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, providing essential building blocks for complex chemical formulations. Its role in the production of specialty chemicals highlights its importance in the chemical manufacturing landscape. The demand for N-Butyl Cyanide is driven by the need for efficient and reliable chemical processes, especially in regions with a strong focus on chemical production. As industries continue to innovate, the applications of N-Butyl Cyanide are expected to expand, supporting its steady market growth.

Regionally, the Asia Pacific dominates the N Butane market, accounting for the largest share in 2023. This dominance is attributed to the rapidly growing industrialization, urbanization, and a significant increase in energy consumption in countries like China and India. The presence of a vast petrochemical manufacturing base in this region further fuels the demand for N Butane. North America and Europe also represent substantial markets, driven by technological advancements and a strong focus on sustainable fuel and energy solutions. Meanwhile, emerging markets in Latin America and the Middle East & Africa are witnessing increased N Butane consumption due to expanding industrial activities and energy needs.

Application Analysis

The N Butane market is segmented by various applications, each contributing uniquely to the market dynamics. In the fuel application segment, N Butane is extensively used as a component of LPG, serving as a major fuel source for residential heating, cooking, and transportation. The demand for N Butane in fuel applications is primari

United States - Producer Price Index by Commodity: Fuels and Related Products and Power: Butane was 130.30400 Index 1982=100 in June of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Fuels and Related Products and Power: Butane reached a record high of 364.40000 in July of 2008 and a record low of 33.00000 in November of 1978. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Fuels and Related Products and Power: Butane - last updated from the United States Federal Reserve on August of 2025.

Why did the Isobutane Price Change in July 2025? In APAC, particularly in China, the Isobutane Price Index showcased a mixed performance over Q2 2025. April marked a slight recovery due to increased refrigerant demand

The global butane market is projected to reach a value of XX million by 2033, expanding at a CAGR of 6.00% during the forecast period. The market is primarily driven by the increasing demand for butane as a feedstock in the petrochemical industry, where it is used in the production of various plastics and chemicals. Additionally, butane's growing use as a fuel for heating and cooking in residential and commercial applications is further fueling market growth. Asia Pacific is anticipated to remain the dominant region in the butane market throughout the forecast period. The region's high population density and rapid industrialization are major factors contributing to the increasing demand for butane. China, India, and Japan are among the key consumers of butane in the Asia Pacific region. North America and Europe are also expected to exhibit significant growth in the butane market due to the rising demand for butane as a fuel and feedstock in these regions. Key market players include BP plc, Chevron Phillips Chemical Company LLC, China Petrochemical Corporation, ConocoPhillips Company, Dow, Exxon Mobil Corporation, Linde plc, Merck KGaA, Shell plc, and TotalEnergies. Recent developments include: November 2022: BW LPG Limited announced the complete acquisition of Vilma Oil's LPG Trading Operations, which will help the company to accelerate its ambition to expand the Product Services division in the LPG segment., June 2022: Otodata Holding Inc. announced the acquisition of AIUT's LPG branch, which will help the company provide its customers across the globe with advanced data readout, monitoring, metering, and analysis across the LPG and industrial gas industry.. Key drivers for this market are: Rising Demand in Petrochemical Industry, Increasing Demand from Metal Working and Construction Industry. Potential restraints include: Rising Demand in Petrochemical Industry, Increasing Demand from Metal Working and Construction Industry. Notable trends are: Increasing Demand from Residential/Commercial Sector.

Butane Market Outlook

According to our latest research, the global butane market size in 2024 stands at USD 92.7 billion, demonstrating robust demand across multiple industrial and consumer sectors. The market is growing at a steady CAGR of 5.1% and is projected to reach USD 143.7 billion by 2033. The expansion is primarily driven by the rising consumption of liquefied petroleum gas (LPG), increasing demand from the petrochemical sector, and the growing adoption of butane in the automotive and refrigeration industries. As per our latest research, the dynamic nature of the energy and chemicals landscape continues to bolster the butane market globally, with Asia Pacific emerging as a key growth engine.

One of the primary growth drivers for the butane market is the surging demand for LPG, particularly in residential and commercial applications. Butane, being a critical component of LPG, is widely used as a fuel for heating, cooking, and even as a propellant in aerosol sprays. The global shift towards cleaner energy sources and the replacement of traditional fuels with LPG in developing regions have significantly boosted butane consumption. Government initiatives promoting LPG adoption, especially in countries like India, China, and Brazil, are further accelerating the market growth. Additionally, urbanization and the expansion of gas distribution networks in emerging economies are underpinning the steady rise in butane demand.

Another notable factor propelling the growth of the butane market is its extensive use in the petrochemical industry. Butane serves as a key feedstock for the production of butadiene, ethylene, and other high-value chemicals essential for manufacturing plastics, synthetic rubber, and various polymers. The rapid industrialization in Asia Pacific and the Middle East, coupled with the proliferation of petrochemical complexes, has created a strong demand pull for butane. Furthermore, the increasing integration of refineries and petrochemical operations is enhancing supply chain efficiencies, thereby supporting the market's upward trajectory. The versatility of butane in producing a wide array of value-added products cements its role as a cornerstone in the global chemical industry.

Technological advancements and regulatory changes are also influencing the butane market landscape. Innovations in extraction, storage, and transportation have reduced operational costs and improved the safety profile of butane handling. Simultaneously, stringent environmental regulations are compelling manufacturers to adopt cleaner processes and enhance product quality. The growing use of butane as a refrigerant and in specialty applications such as aerosol propellants is opening new avenues for market expansion. However, the market faces challenges from volatility in crude oil prices and the increasing focus on alternative and renewable energy sources, which could impact long-term demand patterns.

Regionally, Asia Pacific dominates the butane market, accounting for the largest share in both production and consumption. This is attributed to the region's burgeoning population, rapid urbanization, and expanding industrial base. China and India, in particular, are driving regional growth through large-scale investments in energy infrastructure and petrochemical capacity. North America and Europe follow, benefiting from advanced refining capabilities and mature markets for LPG and petrochemicals. The Middle East & Africa and Latin America are also witnessing notable growth, driven by resource availability and rising energy needs. Each region presents unique opportunities and challenges, shaping the global outlook for butane over the forecast period.

Product Type Analysis

The butane market is segmented by product type into n-butane and isobutane, each serving distinct industrial applications and end-user requirements. N-butane, a straight-chain alkane, is widely utilized as a feedstock in the petrochemical industry, particularly for producing butadiene and as a blending component in gasoline. Its high purity levels and favorable combustion properties make it a preferred choice for LPG blending and refinery operations. The demand for n-butane is closely linked to the expansion of petrochemical manufacturing, especially in Asia Pacific and the Middle East, where new plants are coming online to meet growing downstream requirements.

Isobutane, on the other hand, is a branched-chain

Butane Gas Fuel Canister Market Outlook

The global butane gas fuel canister market size was valued at USD 800 million in 2023 and is projected to reach USD 1.2 billion by 2032, growing at a CAGR of 4.5% during the forecast period. The rising demand for portable fuel sources for camping and outdoor activities, as well as the increasing use of butane canisters in household and industrial applications, are key factors driving this growth. Additionally, the versatility and efficiency of butane as a fuel source contribute significantly to market expansion.

One of the primary growth factors for the butane gas fuel canister market is the surge in outdoor recreational activities such as camping, hiking, and picnicking. These activities often necessitate a reliable and portable fuel source for cooking and heating, making butane canisters an ideal choice. The increasing global trend towards adventure tourism and outdoor leisure has consequently boosted the demand for these canisters. Moreover, butane is preferred due to its clean-burning properties, which align with the growing environmental consciousness among consumers.

The household segment is another significant contributor to the market's growth. The convenience and ease of use associated with butane gas canisters make them popular for domestic applications, including portable stoves and heaters. In regions with frequent power outages or limited access to electricity, butane canisters serve as an essential alternative for cooking and heating. Furthermore, the trend towards smaller, more efficient living spaces, such as tiny homes and urban apartments, has increased the reliance on compact fuel sources like butane canisters.

Industrial applications also play a crucial role in the expanding butane gas fuel canister market. Industries that require portable and efficient fuel sources for tasks such as soldering, welding, and metal cutting find butane canisters highly suitable. The consistent performance and high energy output of butane make it preferable for such precise industrial applications. Additionally, the relatively low cost and readily available supply of butane contribute to its widespread adoption in various industrial sectors.

Regionally, the Asia Pacific market is expected to witness substantial growth, driven by the region's burgeoning population and rapid urbanization. The increasing number of outdoor enthusiasts and the rise in disposable incomes contribute to higher spending on recreational activities and related equipment, including butane gas canisters. Additionally, the industrial growth in countries like China and India, coupled with the need for efficient energy solutions, bolsters the market in this region.

Product Type Analysis

The butane gas fuel canister market is segmented by product type into standard butane canisters, isobutane canisters, and propane-butane mix canisters. Standard butane canisters are the most commonly used type due to their wide availability and cost-effectiveness. These canisters are widely utilized in household and outdoor applications, providing a reliable and efficient fuel source for portable stoves and heaters. The consistent performance and easy accessibility of standard butane canisters make them a preferred choice for many consumers.

Isobutane canisters are gaining significant traction, particularly among outdoor enthusiasts and campers. Isobutane offers superior performance in colder temperatures compared to standard butane, making it ideal for high-altitude and winter camping trips. The higher vapor pressure of isobutane ensures a steady fuel supply even in harsh conditions, thereby enhancing its usability in challenging environments. The increasing popularity of adventure tourism and extreme outdoor activities is driving the demand for isobutane canisters.

Propane-butane mix canisters cater to specific applications that require a balance between the properties of propane and butane. These canisters offer the high energy output of propane and the clean-burning characteristics of butane, making them suitable for both household and industrial uses. The versatility of propane-butane mix canisters makes them popular among consumers seeking a multi-functional fuel source. The growth in industrial applications, where a stable and high-energy fuel is necessary, further propels the demand for this product type.

The product type segmentation highlights the diverse needs of different consumer groups and applications. For instance, households and casual campers may prefer standard but

Check out Market Research Intellect's Butane Market Report, valued at USD 105.0 billion in 2024, with a projected growth to USD 140.0 billion by 2033 at a CAGR of 4.0% (2026-2033).

The size of the Butane Market market was valued at USD 112.90 billion in 2023 and is projected to reach USD 149.57 billion by 2032, with an expected CAGR of 4.1 % during the forecast period. The butane market entails the supply and demand of butane which is a flammable light hydrocarbon to be used mostly as a fuel. Butane is used in Liquefied Petroleum gas-LPG and its uses includes domestic heating, cooking and in aerosol propagandists. It also finds application in the manufacturing of synthetic rubber, chemicals and many other uses. The market is dynamic and depends mainly on the trend of energy consumption especially the increase in demand of cleaner fuels and other sources of energy. The portable fuel requirement and rapid development of the automotive sector where butane is used in fuel formulation are the key factors that propel the growth of the market. Such technological changes that take place in extraction as well as production process of minerals are also influential in the market situation.

The global butane lighter market is anticipated to grow significantly in the coming years, driven by rising demand from various end-use industries and increasing disposable income levels globally. The market size was valued at XXX million in 2025 and is projected to reach XXX million by 2033, exhibiting a CAGR of XX% during the forecast period. Key factors driving the growth include the increasing popularity of outdoor activities, such as camping and grilling, which require portable ignition sources. Additionally, the growing use of butane lighters in industrial applications, such as soldering and welding, is further contributing to the market's expansion. Competitive Landscape and Regional Analysis: The global butane lighter market is highly competitive, with a number of established players operating in the industry. The leading companies include BIC, Tokai, Flamagas, Swedish Match, NingBo Xinhai, Baide International, Ningbo Shunhong, Shaodong Maosheng, Zhuoye Lighter, Benxi Fenghe Lighter, Wansfa, Hefeng Industry, Shaodong Huanxing, and Shaodong Lianhua. In terms of geographical distribution, North America and Europe are the dominant regions in the butane lighter market, followed by Asia Pacific and the Middle East & Africa. Growing urbanization and rising disposable incomes in emerging markets are expected to fuel growth in these regions.

The North America Butane Gas Cartridges Market was valued at USD 9.01 Billion in 2024 and is expected to reach USD 11.52 Billion by 2030 with a CAGR of 4.18% during the forecast period.