Butane Gas Cartridges Market: Industries & Common Consumers considers the Better Portable Solution

Transparency Market
Research
Butane Gas Cartridges Market - Global Industry Analysis,
Size, Share, Growth, Trends, and Forecast 2016 – 2024
Published Date
06-Jan-2017
115 Page Report
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Press Release
Global Butane Gas Cartridges Market: Industries and Common Consumers
Consider it the Better Portable Solution:TMR
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Butane Gas Cartridges Market
REPORT DESCRIPTION
Butane Gas Cartridges Market (Applications - Medical, Pest Control
and Fumigation, Stoves, Food and Beverages, Metal Working, and
Plastic Industry) - Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2016 - 2024
The Yang Corporation and Aspire Industries were two highly prominent names in the global butane
gas cartridges market for 2015, thanks to their strong grasp over key regions in terms of supplying
their demand. Both companies own a wide array of products in the global butane gas cartridges
market and are showing promising rates of expansions across the globe.
In its recent research report, Transparency Market Research points to an intense competitive profile
for the global butane gas cartridges market. The market is very favorable to new entrants due to the
ease with which inexpensive raw materials are available, and the low capital required to set up. This
will compound the competition within the global butane gas cartridges market, further boosted by the
growing rivalry from substitutes to butane gas cartridges. The global butane gas cartridges market
was valued at US$364.55 mn at the end of 2015. By the end of 2016, this market’s revenue is
expected to reach US$380.30 mn and is projected to reach US$555.24 mn by 2024, after expanding
at a CAGR of 4.73% from 2016 to 2024.
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Gas Cartridges Winning Demand amid Need for Portable Fuel Storage Units
“The global stockpile of energy can potentially be used up faster than it can be generated. Industries
are still highly dependent on conventional fuels and as a result, energy security becomes a
paramount issue. The global butane gas cartridges market is currently in a position where it can
provide an economical answer to the problem, thereby gaining a high volume of demand. Both
industrial clients as well as individual consumers are ramping up their demand for gas capsules as
they rank better in portability to other fuel transportation options. This is especially beneficial for
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Butane Gas Cartridges Market
individuals as it allows for the use of butane gas in rural or remote locations as well,” states a TMR
analyst.
The global butane gas cartridges market is also being driven by the greater efficiency of butane gas
when compared to other liquid fuels that can be stored in capsules. Butane gas cartridges are much
lighter in weight and provide a great fuel efficiency for their stored volume.
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Shaky Crude Prices and Safety Issues Mar Butane Gas Cartridges Demand
One of the key restraints acting on the global butane gas cartridges market currently, is the volatility
of crude oil supply and pricing. The global market for crude oil and natural gas has been in a shay
state over the past decade owing to several issues such as the depletion of key stockpiles and the
growing pressure on production by the extremely high consumption rate of fuel by all economies. If
the current trend continues, so will the volatility in prices of butane gas cartridges across the world.
Another issue with butane gas cartridges is their relatively lower level of safety in comparison to other
fuel storage units. They can be sources of fire hazards if misused and are the cause of multiple home
or office fires annually. Manufacturers are quick to respond to these safety flaws and add increasingly
efficient safety mechanisms on the cartridges.
“A lot of manufacturers in the global butane gas cartridges market are taking one step backwards to
cope with losses in the event of extreme pricing pressure. They are beginning to integrate the
production of aerosol cans in order to tap their growing demand, thereby creating additional
opportunities in a time where demand for butane cartridges is fickle,” adds the analyst.
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TABLE OF CONTENT
1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
2. Assumptions and Research Methodology
2.1. Assumptions and Acronyms Used
2.2. Research Methodology
3. Executive Summary
3.1. Market Size, Market (US$ Mn)
3.2. Key Trends
3.3. Regional Overview, 2015
4. Market Overview
4.1. Introduction
4.2. Product Overview
4.3. Market Indicators
4.4. Market Indicators
4.5. Market Dynamics
4.5.1. Drivers
4.5.2. Restraints
4.5.3. Key Opportunities
4.6. Butane gas cartridges Market Size (US$ Mn) Forecast, 2015–2024
4.7. Porter’s Analysis
4.7.1. Threat of Substitutes
4.7.2. Bargaining Power of Buyers
4.7.3. Bargaining Power of Suppliers
4.7.4. Threat of New Entrants
4.7.5. Degree of Competition
4.7.6. Value Chain Analysis
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5. Global Butane gas cartridges Market Analysis
5.1. Global Regulatory Scenario
5.2. Global Butane Gas Cartridges Market Forecast, by Region
5.3. Global Butane Gas Cartridges Market Forecast, by Application
5.4. Global Butane Gas Cartridges Market - Global Supply Demand Scenario
5.5. Global Butane Gas Cartridges Market Attractiveness Analysis, by Region
5.6. Market Trends
6. Butane gas cartridges Market Analysis by Application
6.1. Key Findings
6.2. Key Trends
6.3. Global Butane Gas Cartridges Market Size (US$ Mn) Forecast, by Application
6.4. Global Butane Gas Cartridges Market Forecast, by Application
6.5. Global Butane Gas Cartridges Market Attractiveness Analysis, by Application
7. North America butane gas cartridges Market Analysis by Application
7.1. Key Findings
7.2. North America Butane Gas Cartridge Market Overview
7.3. North America Butane Gas Cartridges Market Value Share Analysis, by Application
7.4. North America Butane Gas Cartridges Market Forecast, by Application
7.5. North America Butane Gas Cartridge Market Value Share Analysis, by Country
7.6. North America Butane Gas Cartridges Market Forecast, by Country
7.6. North America Butane Gas Cartridge Market Analysis, by Country
7.6.1. U.S
7.6.2. Canada
7.7. North America Butane Gas Cartridge Market Attractiveness Analysis
8. Europe butane gas cartridges Market Analysis by Application
8.1. Key Findings
8.2. Europe Butane Gas Cartridge Market Overview
8.3. Europe Butane Gas Cartridges Market Value Share Analysis, by Application
8.4. Europe Butane Gas Cartridges Market Forecast, by Application
8.5. Europe Butane Gas Cartridge Market Value Share Analysis, by Country
8.6. Europe Butane Gas Cartridges Market Forecast, by Country
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8.6. Europe Butane Gas Cartridge Market Analysis, by Country
8.6.1. EU5
8.6.2. Russia
8.6.3. Turkey
8.6.4. Rest of Europe
8.7. Europe Butane Gas Cartridge Market Attractiveness Analysis
9. Asia Pacific butane gas cartridges Market Analysis by Application
9.1. Key Findings
9.2. Asia Pacific Butane Gas Cartridge Market Overview
9.3. Asia Pacific Butane Gas Cartridges Market Value Share Analysis, by Application
9.4. Asia Pacific Butane Gas Cartridges Market Forecast, by Application
9.5. Asia Pacific Butane Gas Cartridge Market Value Share Analysis, by Country
9.6. Asia Pacific Butane
Gas Cartridges Market Forecast, by Country
9.7. Asia Pacific Butane Gas Cartridge Market Analysis, by Country
9.7.1. China
9.7.2. India
9.7.3. Japan
9.7.4. ASEAN
9.7.5. Rest of Asia Pacific
9.8. Asia Pacific Butane Gas Cartridge Market Attractiveness Analysis
10. Middle East & Africa butane gas cartridges Market Analysis by Application
10.1. Key Findings
10.2. Middle East & Africa Butane Gas Cartridge Market Overview
10.3. Middle East & Africa Butane Gas Cartridges Market Value Share Analysis, by Application
10.4. Middle East & Africa Butane Gas Cartridges Market Forecast, by Application
10.5. Middle East & Africa Butane Gas Cartridge Market Value Share Analysis, by Country
10.6. Middle East & Africa Butane Gas Cartridges Market Forecast, by Country
10.6. Middle East & Africa Butane Gas Cartridge Market Analysis, by Country
10.6.1. GCC
10.6.2. Iran
10.6.3. North Africa
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10.6.4. South Africa
10.6.5. Rest of Middle East & Africa
10.7. Middle East & Africa Butane Gas Cartridge Market Attractiveness Analysis
11. Latin America butane gas cartridges Market Analysis by Application
11.1. Key Findings
11.2. Latin America Butane Gas Cartridge Market Overview
11.3. Latin America Butane Gas Cartridges Market Value Share Analysis, by Application
11.4. Latin America Butane Gas Cartridges Market Forecast, by Application
11.5. Latin America Butane Gas Cartridge Market Value Share Analysis, by Country
11.6. Latin America Butane Gas Cartridges Market Forecast, by Country
11.6. Latin America Butane Gas Cartridge Market Analysis, by Country
11.6.1. Brazil
11.6.2. Mexico
11.6.3. Rest of Latin America
11.7. Latin America Butane Gas Cartridge Market Attractiveness Analysis
12. Company Profiles
12.1. Praxair Technology, Inc.
12.1.1. Company Overview
12.1.2 Financial Overview
12.1.3. Business Strategy
12.1.4. SWOT Analysis
12.1.5. Recent Developments
12.2. Tae Yang Corporation
12.2.1. Company Overview
12.2.2 Financial Overview
12.2.3. Business Strategy
12.2.4. SWOT Analysis
12.2.5. Recent Developments
12.3. Aspire Industries
12.3.1. Company Overview
12.3.2 Financial Overview
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12.3.3. Business Strategy
12.3.4. SWOT Analysis
12.3.5. Recent Developments
12.4. ULTRACARE PRODUCTS
12.4.1. Company Overview
12.4.2. Financial Overview
12.4.3. Business Strategy
12.4.4. SWOT Analysis
12.4.5. Recent Developments
12.5. CEPSA
12.5.1. Company Overview
12.5.2. Financial Overview
12.5.3. Business Strategy
12.5.4. SWOT Analysis
12.5.5. Recent Developments
12.6. Do-Well Aerosols
12.6.1. Company Overview
12.6.2. Financial Overview
12.6.3. Business Strategy
12.6.4. SWOT Analysis
12.6.5. Recent Developments
12.7. KOVEA
12.7.1. Company Overview
12.7.2. Financial Overview
12.7.3. Business Strategy
12.7.4. SWOT Analysis
12.7.5. Recent Developments
12.8. SEO YOUNG CORPORATION
12.8.1. Company Overview
12.8.2 Financial Overview
12.8.3. Business Strategy
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12.8.4. SWOT Analysis
12.8.5. Recent Developments
12.9. Onezone Gas
12.9.1. Company Overview
12.9.2 Financial Overview
12.9.3. Business Strategy
12.9.4. SWOT Analysis
12.9.5. Recent Developments
12.10. The Coleman Company
12.10.1. Company Overview
12.10.2 Financial Overview
12.10.3. Business Strategy
12.10.4. SWOT Analysis
12.10.5. Recent Developments
12.11. Sejeong Industrial Co., Ltd
12.11.1. Company Overview
12.11.2 Financial Overview
12.11.3. Business Strategy
12.11.4. SWOT Analysis
12.11.5. Recent Developments
12.12. Calor Gas
12.12.1. Company Overview
12.12.2 Financial Overview
12.12.3. Business Strategy
12.12.4. SWOT Analysis
12.12.5. Recent Developments
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Butane Gas Cartridges Market Projected to Reach US$ 555.24 Mn by 2024. Asia Pacific Dominated the Market in 2015; Industries and Common Consumers Consider it the Better Portable Solution.