Report overview
Liquefied Petroleum Gas (LPG) is flammable mixtures of hydrocarbon gases used as fuel in heating appliances, cooking equipment, and vehicles.
This report studies the Liquefied Petroleum Gas (LPG) market, from angles of players, regions, product types and end industries, to analyze the status and the future.
This report aims to provide a comprehensive presentation of the global market for Liquefied Petroleum Gas (LPG), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Liquefied Petroleum Gas (LPG). This report contains market size and forecasts of Liquefied Petroleum Gas (LPG) in global, including the following market information:
Global Liquefied Petroleum Gas (LPG) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Liquefied Petroleum Gas (LPG) Market Sales, 2018-2023, 2024-2029, (M MT)
Global top five Liquefied Petroleum Gas (LPG) companies in 2022 (%)
The global Liquefied Petroleum Gas (LPG) market was valued at US$ 176030 million in 2022 and is projected to reach US$ 226040 million by 2029, at a CAGR of 3.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Saudi Aramco, Sinopec, ADNOC, CNPC, Exxon Mobil and KNPC are the top 6 of global Liquefied Petroleum Gas (LPG), with about 25% market shares.
From the view of region, APAC have a larger market share which account for 43% and will witness a stable growth in following years. North America hold a market share of 18% will still play an important role which cannot be ignored. Any changes from Europe, which share a 12% market share in 2018, might affect the development trend of Liquefied Petroleum Gas (LPG). South America and Middle East and Africa are also play important role in Global market.
According to the Segmentation of types, all the market of Liquefied Petroleum Gas (LPG) can be divided as follows: The first kind need to mention is Gas Purification Method, it hold a comparatively larger share in global market, which accounts for about 62%. The following is Petroleum Cracking Method share 37% market share.
Liquefied Petroleum Gas'main application area is Civil. In 2018, this sector hold a market share of 58%.Then followed by the Industrial which account for 38%.
We surveyed the Liquefied Petroleum Gas (LPG) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Liquefied Petroleum Gas (LPG) Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (M MT)
Global Liquefied Petroleum Gas (LPG) Market Segment Percentages, by Type, 2022 (%)
Petroleum Cracking Method
Gas Purification Method
Global Liquefied Petroleum Gas (LPG) Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (M MT)
Global Liquefied Petroleum Gas (LPG) Market Segment Percentages, by Application, 2022 (%)
Civil
Industrial
Others
Global Liquefied Petroleum Gas (LPG) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (M MT)
Global Liquefied Petroleum Gas (LPG) Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Liquefied Petroleum Gas (LPG) revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Liquefied Petroleum Gas (LPG) revenues share in global market, 2022 (%)
Key companies Liquefied Petroleum Gas (LPG) sales in global market, 2018-2023 (Estimated), (M MT)
Key companies Liquefied Petroleum Gas (LPG) sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Saudi Aramco
Sinopec
ADNOC
CNPC
Exxon Mobil
KNPC
Phillips66
Bharat Petroleum
Pemex
Total
Qatar Petroleum
Equinor
BP
Gazprom
Chevron
ConocoPhillips Company
SHV Energy (NL)
Valero Energy
Outline of Major Chapters:
Chapter 1: Introduces the definition of Liquefied Petroleum Gas (LPG), market overview.
Chapter 2: Global Liquefied Petroleum Gas (LPG) market size in revenue and volume.
Chapter 3: Detailed analysis of Liquefied Petroleum Gas (LPG) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Liquefied Petroleum Gas (LPG) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Liquefied Petroleum Gas (LPG) capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
