ChemAnalyst Data Pvt Ltd

Isobutane is a highly versatile hydrocarbon used in various industries, particularly in the production of fuels, petrochemicals, and as a refrigerant. Its price is influenced by numerous factors, including supply and demand dynamics, geopolitical events, and changes in crude oil prices. As a derivative of natural gas and crude oil, isobutane prices are often linked to the fluctuations in the global energy market, making them sensitive to shifts in the availability and cost of raw materials. Over the years, isobutane has gained importance in the market due to its crucial role in the manufacturing of alkylate for gasoline production, a key component in producing cleaner-burning fuels. Moreover, isobutane is utilized as a propellant in aerosol products and as a feedstock for the production of isooctane, a valuable additive in the fuel industry. The global supply of isobutane is primarily shaped by the extraction of natural gas and crude oil. In regions where there is a surplus of these re...