Uploaded on May 28, 2025
In 2025, the global isobutane market is projected to grow from USD 21.15 billion to USD 30.39 billion by 2032, at a CAGR of 5.3% . This growth is driven by increasing demand in the refrigerant sector, particularly as manufacturers seek alternatives to high-GWP substances in compliance with evolving environmental regulations.Asia-Pacific remains a dominant force, accounting for approximately 39.59% of the global market share in 2024 . The region's growth is bolstered by strong industrial output and retail sales, although analysts anticipate a slowdown in the coming quarters due to potential U.S. trade measures and challenges in the property sector. In Q1 2025, the U.S. isobutane market experienced notable price fluctuations, influenced by shifts in the refrigerant sector and broader economic dynamics . January saw a modest price uptick, driven by increased demand for hydrocarbon-based refrigerants like isobutane. However, the market faced challenges due to trade tensions and economic uncertainties, affecting overall pricing dynamics.
Comments