Latest
industry research report on: Global Butane Gas Cartridges Market :
Industry Size, Share, Research, Reviews, Analysis, Strategies,
Demand, Growth, Segmentation, Parameters, Forecasts
Global Butane Gas Cartridges
Market: Overview
This research study analyzes
the market for butane gas cartridges in terms of revenue (US$ Mn).
The butane gas cartridges market has been segmented on the basis of
application and region. The report features a detailed segmentation
with market growth forecasts from 2016 to 2024. 2015 has been
considered the base year and 2016 the estimated year, while all
forecasts have been given for the period from 2016 to 2024. Market
data for all the segments has been provided at the submarkets and
country-specific levels from 2016 to 2024. The report provides a
broad competitive analysis of companies engaged in the production and
distribution of butane gas cartridges, globally. The report also
includes key market dynamics such as drivers, restraints, and
opportunities affecting the butane gas cartridges market. These are
analyzed in detail and illustrated in the report with supporting
graphs and tables. The report also provides a comprehensive analysis
of the market with the help of the Porter’s Five Forces Analysis
model, which helps in understanding the factors that affect the
structure and profitability of the butane gas cartridges market.
These are the bargaining power of buyers, bargaining power of
suppliers, threat of new entrants, threat of substitutes, and degree
of competition.
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Global Butane Gas Cartridges
Market: Drivers
The
report provides detailed insights into the butane gas cartridges
business. Currently, numerous factors drive the butane gas cartridges
market. The most prominent drivers include growth of portable energy
storage systems, low prices of crude oil and natural gas, energy
security, high efficiency when compared to solid or liquid cartridge
fuels, growing consumerism, and others. Market attractiveness
analysis was carried out for the butane gas cartridges market on the
basis of application and region. Market attractiveness was estimated
on the basis of common parameters that directly impact the market.
Global
Butane Gas Cartridges Market: Scope of the Study
Butane
gas cartridges stoves is the highly attractive application segment of
the butane gas cartridges market. Small traders and distributors are
actively selling integrated butane gas cartridges stoves to
individual customers. Over 25% butane gas cartridges is sold through
e-stores and 85% is sold directly through wholesalers. Butane gas
cartridges are used to power pest control machines and foggers.
Growth of pest control services is driven by increasing pest
population, attributed to the largely available food sources for
small organisms and conducive living habitats. Furthermore, growing
consumer awareness about health and hygiene in developed and
developing countries fuels demand for pest control services, which in
turn drives the butane gas cartridges market. Usage of butane gas
cartridges in portable blow torches in medical and F&B
applications is expected to rise due to high demand for portable
energy systems during emergency situations and ease in processing of
meat & fish, and caramelizing sugar.
Globally,
butane gas fired stoves are marketed by several companies, traders,
distributers, and wholesalers. Several countries are focusing more on
tourism activities which has enhanced demand for butane gas
cartridges as a portable energy storage device. Fluctuation in prices
of raw materials such as natural gas and crude oil coupled with
stringent regulations related to bottling of butane gas act as
restraints of the butane gas cartridges market.
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Global Butane Gas Cartridges
Market: Analytical Layout
The butane gas cartridges
market has been segmented into two categories: application and
region. In terms of application, the butane gas cartridges market has
been classified into medical, pest control & fumigation, stoves,
food & beverage, and others (Metal Working, Plastic Industry etc.
Several individual customers utilize butane gas cartridges for backup
fuel storage for cooking purpose. Portable stoves with integrated
butane gas cartridges are widely used during camping, picnic, and
other outdoor activities. Growing F&B and medical industries
would provide further impetus to the demand for butane gas
cartridges, globally.
Prominent players in the butane
gas cartridges market are Ultracare Products, Tae Yang Corporation,
Aspire Industries, CEPSA, Do-Well Aerosols, Minh Anh Corp., ENERGAS,
Marina Corporation., Ltd., Sejeong Industrial Inc., Calor Gas, and
others. The butane gas cartridges market has been segmented as
follows:
Butane Gas Cartridges
Market: By Application
Medical
Pest Control &
Fumigation
Stoves
Food & Beverage
Others (Metal Working,
Plastic Industry etc.)
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