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Europa Butano Dimensioni del mercato, statistiche, quota, crescita, segmentazione,analisi, rapporto, prospettive e previsioni entro il 2027

Si prevede che la dimensione del mercato europeo del butano raggiungerà gli 8.580,9 milioni di dollari entro il 2027, mostrando un CAGR del 3,6% durante il periodo di previsione. La crescente adozione di fonti di energia più pulite in Europa sarà il principale fattore determinante della crescita per questo mercato, afferma Fortune Business Insights™ nel suo rapporto, intitolato “Europe Butane Market Size, Share & Industry Analysis, By Type (Normal Butane {Research grade (>99.9%), Instrument (>99.9%), Chemically Pure (~99.9%)},Iso Butane {High Purity (>99.5%), Chemically Pure (~99.9%)}), High Purity Propane (>99%) and Application (LPG {Residential/ Commercial, Chemical/ Petrochemical, Industrial, Refinery, Auto fuel, Others}, Petrochemicals, Refineries, Cosmetics, Pharmaceuticals, Refrigeration & Air Conditioning, Others), Country Forecast, 2020-2027”.

L’Unione europea (UE) ha costantemente escluso le fonti energetiche basate sui combustibili fossili come il carbone dal suo mix energetico. Secondo un rapporto dell’Agenzia europea dell’ambiente, le emissioni di gas serra (GHG) sono diminuite del 2,1% nell’UE nel 2018 rispetto ai livelli del 2017. Inoltre, l’UE ha anche dichiarato le sue ambizioni di ridurre le emissioni del 55% entro il 2030 attraverso la sua nuova commissione ue per lo scambio di quote di emissione. Il raggiungimento di questo obiettivo richiederebbe l’adozione di fonti energetiche alternative come il gas di petrolio liquefatto (GPL), che deriva dal gas naturale. Il butano (C4H10)it is an essential component in the formulation of LPG and as LPG is playing an important role in containing domestic emissions, the demand for C 4 H 10  is set to remain stable in the coming years.

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The report states that the market value in 2019 stood at $ 7,301.9 million and shares the following:

  • Unprecedented insights into regional market prospects;
  • In-depth diagnosis of market drivers and challenges;
  • Impeccable profiling of the main market players and detailed study of their strategies; And
  • Comprehensive research in the different market segments.

Containment factor

Disruption of chemical production amid COVID-19 to hinder market growth

The growth of the European butane market is addressing the challenges posed by the outbreak of the COVID-19 pandemic to the European chemical industry. According to the European Chemical Industry Council (Cefic), chemical production in the EU27 fell by 5.2% between January 2020 and June 2020. The main factors in this sudden recession were the lockdowns imposed in several European countries. , the rapid spread of the coronavirus in major European economies, cross-border trade restrictions and the interruption of production due to social distancing measures. However, chemical production showed an increase, posting 2.9% growth in June compared to May. Furthermore, the European Green Deal promulgated in 2019 includes an important “

Country insights

Russia will lead the European market; Germany and France will show promising growth

Russia is a major player in the European energy sector, emerging as one of the largest natural gas suppliers on the continent. The country is expected to drive butane market share in Europe during the forecast period due to the growing demand for cleaner energy sources for cooking and heating applications.

The market in Germany and France is driven by supportive government policies that are promoting the adoption of butanes and other alternative fuels in the countries’ manufacturing sectors. On the other hand, in Italy, high disposable incomes and a well-established cosmetic industry are fueling the butane market in the country.

Competitive landscape

Regional actors to capitalize on the energy demands of developing nations

Major regional companies are turning their attention to the growing energy demand of developing economies like India and China. These actors are engaged in export-based competition, with the aim of establishing their operations in emerging markets and building profitable ventures with domestic companies.

Industry development:

  • April 2020:  Sibur, the largest petrochemical company in Russia, has announced that it will supply two shipments of LPG to India in May 2020 for the first time amid the COVID-19 outbreak. The export to India is based on the fact that most Indian households use LPG for cooking and hence its demand has remained high in the country despite the nationwide blockade.

List of Major Players Profiled in the European Butane Market Report:

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