Germany Butane Market Size & Outlook, 2023-2030

The butane market in Germany is expected to reach a projected revenue of US$ 5.1 billion by 2030. A compound annual growth rate of 4.1% is expected of Germany butane market from 2024 to 2030.
Revenue, 2023 (US$B)
$3.9
Forecast, 2030 (US$B)
$5.1
CAGR, 2024 - 2030
3.9%
Report Coverage
Germany

Germany butane market highlights

  • The Germany butane market generated a revenue of USD 3.9 billion in 2023 and is expected to reach USD 5.1 billion by 2030.
  • The Germany market is expected to grow at a CAGR of 4.1% from 2024 to 2030.
  • In terms of segment, lpg was the largest revenue generating application in 2023.
  • LPG is the most lucrative application segment registering the fastest growth during the forecast period.

Butane market data book summary

Market revenue in 2023USD 3.9 billion
Market revenue in 2030USD 5.1 billion
Growth rate4.1% (CAGR from 2023 to 2030)
Largest segmentLpg
Fastest growing segmentLPG
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD billion
Market segmentationLPG, Petrochemicals, Refineries, Other Applications
Key market players worldwideBP PLC ADR, Chevron Corp, Valero Energy Corp, ConocoPhillips, Devon Energy Corp, Exxon Mobil Corp, Shell PLC, Linde PLC, TotalEnergies SE, Air Products & Chemicals Inc

Other key industry trends

  • In terms of revenue, Germany accounted for 3.4% of the global butane market in 2023.
  • Country-wise, Russia is expected to lead the global market in terms of revenue in 2030.
  • In Europe, Russia butane market is projected to lead the regional market in terms of revenue in 2030.
  • Germany is the fastest growing regional market in Europe and is projected to reach USD 5.1 billion by 2030.

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Butane Market Scope

Butane market segmentation & scope

Butane Market Companies

Name Profile # Employees HQ Website

Germany butane market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to butane market will help companies and investors design strategic landscapes.


Lpg was the largest segment with a revenue share of 71.79% in 2023. Horizon Databook has segmented the Germany butane market based on lpg, petrochemicals, refineries, other applications covering the revenue growth of each sub-segment from 2018 to 2030.


  • Germany Butane Application Outlook (Revenue, USD Billion, 2018-2030)
    • LPG
    • Petrochemicals
    • Refineries
    • Other Applications

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Horizon Databook provides a detailed overview of country-level data and insights on the Germany butane market , including forecasts for subscribers. This country databook contains high-level insights into Germany butane market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Germany butane market size, by application, 2018-2030 (US$B)

Germany Butane Market Outlook Share, 2023 & 2030 (US$B)

Germany butane market size, by application, 2018-2030 (US$B)

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