Hydrocarbons & Petroleum Products · Direct
Monitoring · monthlyProcurement Category Intelligence
LPG - Butane
Overview
Market size
$85.0B
global, USD
CAGR
4.2%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
6
tracked players
Signals
12
2 high severity
Market outlook
2031$104.4B
What changed
Demand by region
Asia Pacific demand49%
North America demand20%
Europe demand15%
Middle East & Africa demand10%
Rest of world demand6%
share of global demandtotal 100%
Cost drivers
Upstream feedstock costs (Crude oil & Natural gas liquids extraction)55%
Refining & Fractionation processing margins15%
Logistics, pressurized storage & VLGC shipping freight18%
Regulatory compliance & carbon tax overheads6%
Local distribution & terminal handling markup6%
share of delivered cost (analyst estimate)