1 4 Butane Sultone -MARKET ADVISORY SERVICES
1, 4-Butane Sultone is a sulfo-alkylating agent and has a weak carcinogenic activity.
It is a six membered delta-sultone and a cyclic ester of 4-hydroxybutanesulfonic acid.
The 1, 4-Butane Sultone is been benefited from larger economies, such as Europe and the U.S.
However, the 1, 4-Butane Sultone holds a fair market share in the European market.
The emerging economies, such as Asia, and the countries involved in exports are doing much better than others.
The global butane market is estimated to reach USD 125.7 billion by 2026 growing at a CAGR of 7.3% during the forecast period, according to a new study published by Polaris Market Research.
The report ‘Butane Market Share, Size, Trends, & Industry Analysis Report, [By Application (LPG {Residential/Commercial, Chemical/Petrochemicals, Industrial, Autofuels, Refinery, Others}, Petrochemicals, Refinery, and Others), By Regions: Segment Forecast, 2018 – 2026’ provides an extensive analysis of present market dynamics and predicted future trends.
Butane is a natural gas liquid is a refinery product with feedstock such as naphtha and coal.
It is also used widely is in the production of petrochemical manufacturing.
Moreover, use of LPG has also reduced dependency on the forest products for combustion purposes.
LPG is also used widely in many developed countries for fuel and residential applications.