The global Butane Market stood at approximately USD 60 billion in 2015. In volume terms, global demand was nearly 138.22 million tons during the same year. This market is anticipated to expand at more than 2.7% CAGR during the forecast period (2016 to 2024).
An easily liquefiable gas, butane is highly flammable, colorless gas, and odorless. It is a byproduct that is obtained during the refining process of crude oil. Crude oil that is extracted from the reservoirs is transported to ... Read more