Global Liquefied Petroleum Gas (LPG) Market Overview
Liquefied Petroleum Gas (LPG) Market size is projected to reach at a CAGR of 6% globally during forecast period 2021- 2027.
Liquefied petroleum gas (LPG) is also called LP gas. It is Made up from several liquid mixtures of the volatile hydrocarbon’s propene, propane, butene, and butane. It was used as a portable fuel source in 1860 and has since expanded production and consumption both domestically and industrially. Common commercial mixtures may contain ethane and ethylene as well as volatile mercaptans, an odorant added as a safety precaution. The one liter of liquid LPG expands to 270 liters of gaseous energy, allowing a lot of energy to be transported in small containers.
Although LPG is a gas at atmospheric pressure and room temperature, it can be liquefied by applying an appropriate pressure or lowering the temperature sufficiently. It can be easily condensed, packaged, stored and utilized, making it an ideal energy source for a wide range of applications. It is generally stored and distributed as a liquid and it is widely used for process and space heating, cooking and automotive propulsion. It is non-corrosive but can dissolve lubricants, certain plastics or synthetic rubbers.
Scope of the Liquefied Petroleum Gas (LPG) Market
Global Liquefied Petroleum Gas (LPG) Market research report contains the extensive use of secondary and primary data sources. Research process focuses on multiple factors impacting the industry such as aggressive landscape, government coverage, historical data, market present position, market trends, upcoming technologies and innovations in addition to risks, rewards, challenges and opportunities. To be able to validate market volume market, manufacturers, regional analysis, product sections and end users/applications study use Top-down and bottom-up approach.
Drivers of Liquefied Petroleum Gas (LPG) Market
LPG can be used in even the most remote areas, improving the lives of millions of citizens around the world and spurring local development. Because relatively few rural or remote areas can benefit from piped natural gas, LPG is an ideal power source for these areas, either as a primary source or in conjunction with renewable energy. These are the driving factors for growth of the market. It is also increasingly used for large-scale or small-scale power generation.
However, growing population and increasing demand for liquefied petroleum gas with vehicle exhaust has the potential to propel the growth of the market. LPG have many benefits in real life such as, Cooking, Power Generation, Energy, Health and Resources, Autogas – fuel for LPG cars and vehicles. It is also stored in pressurized cylindrical containers for use in agriculture, hospitality, construction and nautical fields.
Market Segmentation
Global Liquefied Petroleum Gas (LPG) Market Research report comprises of Porter's five forces analysis to do the detail study about its each segmentation like Product segmentation, End user/application segment analysis and Major key players analysis mentioned as below;
By Type, Liquefied Petroleum Gas (LPG) has been segmented into: |
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By Source, Liquefied Petroleum Gas (LPG) has been segmented into: |
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By Application, Liquefied Petroleum Gas (LPG) has been segmented into: |
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Regions and Countries Level Analysis: |
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Regional Analysis
Europe and North America are expected to witness significant growth over the next few years as awareness of carbon emission reductions increases. Asia Pacific is projected to be a lucrative region for the global LPG market during the forecast period.
For cooking, large scale adoption of LPG in some regions such as Brazils uses 90%, Indonesia’s uses 75% and India’s utilizes this fuel is 45%. Our analysis will estimate the utilization of LPG is 1Bn by 2030.
Competitive Landscape and Liquefied Petroleum Gas (LPG) Market Share Analysis
Competitive analysis is the analysis of weakness and strength, marketplace expenditure, market share and market sales volume, and market trends of important players in the industry. The Liquefied Petroleum Gas (LPG) marketplace study focused on including each of the key level, secondary level and tertiary level competitors in the report. The data created by conducting the primary and secondary research. The report covers detail analysis of motorist, limitations and scope to new players going into the Liquefied Petroleum Gas (LPG) market.
Players Covered in Liquefied Petroleum Gas (LPG) market are :
- Saudi Aramco
- ADNOC
- BP(UK)
- KNPC
- Gazprom
- Exxon Mobil
- Shell
- Phillips66
- British Petroleum
- ADGAS
- Chevron
- China National Petroleum
- Petroleum Nasional
- Repsol
- China Gas Holdings Ltd
- FLAGA Gmbh
- Kleenheat
- Bharat Petroleum Corporation Limited
- JGC HOLDINGS CORPORATION
- Reliance Industries Limited
- Total
- Royal Dutch Shell
- Petroliam Nasional Berhad (PETRONAS)
- PetroChina Company Limited
- Petredec Pte Limited
- Qatargas Operating Company Limited
- Petrofac Limited
- Vitol
- China Petroleum & Chemical Corporation
- BP Plc.
Among other players domestic and global, Liquefied Petroleum Gas (LPG) market share data is available for global, North America, Europe, Asia-Pacific, Middle East and Africa and South America separately. Our analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Frequently Asked Questions :
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1. What would be forecast period in the market research report?
The forecast period in the market research report is 2021-2027.
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2. Who are the key players in Liquefied Petroleum Gas (LPG) market?
The key players mentioned are Saudi Aramco , ADNOC , BP(UK) , KNPC , Gazprom , Exxon Mobil , Shell , Phillips66 , British Petroleum , ADGAS , China Petroleum & Chemical , Chevron , China National Petroleum , Petroleum Nasional , Repsol, China Gas Holdings Ltd, Saudi Arabian Oil Co., FLAGA Gmbh, Kleenheat, Bharat Petroleum Corporation Limited, JGC HOLDINGS CORPORATION, Reliance Industries Limited, Total, Royal Dutch Shell, Petroliam Nasional Berhad (PETRONAS), PetroChina Company Limited, Petredec Pte Limited, Qatargas Operating Company Limited, Petrofac Limited, Vitol, China Petroleum & Chemical , Corporation, BP Plc.
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3. What are the segments of Liquefied Petroleum Gas (LPG) market?
The Liquefied Petroleum Gas (LPG) market is segmented into application type, product type and region. By Application type, the market is categorized into Residential , Commercial , Industrial , Auto Fuel , Refineries. By product type, it is classified into Natural Gas Processing , Crude Oil Refining and others. By region, it is analysed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain etc.), Asia-Pacific (China; India; Japan; Southeast Asia etc.), South America (Brazil; Argentina etc.), Middle East & Africa (Saudi Arabia; South Africa etc.).
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4. What is the Liquefied Petroleum Gas (LPG) Market?
Liquefied petroleum gas (LPG) is also called LP gas. It is Made up from several liquid mixtures of the volatile hydrocarbon’s propene, propane, butene, and butane. It was used as a portable fuel source in 1860 and has since expanded production and consumption both domestically and industrially.
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5. How big is the Liquefied Petroleum Gas (LPG) Market?
Liquefied Petroleum Gas (LPG) Market size is projected to reach at a CAGR of 6% globally during forecast period 2021- 2027.
Table of Content Chapter 1 About the Liquefied Petroleum Gas (LPG) Industry 1.1 Industry Definition and Types 1.1.1 Natural Gas Processing 1.1.2 Crude Oil Refining 1.2 Main Market Activities 1.3 Similar Industries 1.4 Industry at a Glance Chapter 2 World Market Competition Landscape 2.1 Liquefied Petroleum Gas (LPG) Markets by Regions 2.1.1 USA Market Revenue (M USD) and Growth Rate 2015-2025 Sales and Growth Rate 2015-2025 Major Players Revenue (M USD) in 2019 2.1.2 Europe Market Revenue (M USD) and Growth Rate 2015-2025 Sales and Growth Rate 2015-2025 Major Players Revenue (M USD) in 2019 2.1.3 China Market Revenue (M USD) and Growth Rate 2015-2025 Sales and Growth Rate 2015-2025 Major Players Revenue (M USD) in 2019 2.1.4 India Market Revenue (M USD) and Growth Rate 2015-2025 Sales and Growth Rate 2015-2025 Major Players Revenue (M USD) in 2019 2.1.5 Japan Market Revenue (M USD) and Growth Rate 2015-2025 Sales and Growth Rate 2015-2025 Major Players Revenue (M USD) in 2019 2.1.6 South East Asia Market Revenue (M USD) and Growth Rate 2015-2025 Sales and Growth Rate 2015-2025 Major Players Revenue (M USD) in 2019 2.2 World Liquefied Petroleum Gas (LPG) Market by Types Natural Gas Processing Crude Oil Refining 2.3 World Liquefied Petroleum Gas (LPG) Market by Applications Residential Commercial Industrial Auto Fuel Refineries 2.4 World Liquefied Petroleum Gas (LPG) Market Analysis 2.4.1 World Liquefied Petroleum Gas (LPG) Market Revenue and Growth Rate 2015-2019 2.4.2 World Liquefied Petroleum Gas (LPG) Market Consumption and Growth rate 2015-2019 2.4.3 World Liquefied Petroleum Gas (LPG) Market Price Analysis 2015-2019 Chapter 3 World Liquefied Petroleum Gas (LPG) Market share 3.1 Major Production Market share by Players 3.2 Major Revenue (M USD) Market share by Players 3.3 Major Production Market share by Regions in 2019, Through 2025 3.4 Major Revenue (M USD) Market share By Regions in 2019, Through 2025 Chapter 4 Supply Chain Analysis 4.1 Industry Supply chain Analysis 4.2 Raw material Market Analysis 4.2.1 Raw material Prices Analysis 2015-2019 4.2.2 Raw material Supply Market Analysis 4.2 Manufacturing Equipment Suppliers Analysis 4.3 Production Process Analysis 4.4 Production Cost Structure Benchmarks 4.5 End users Market Analysis Chapter 5 Company Profiles 5.1 Saudi Aramco 5.1.1 Company Details (Foundation Year, Employee Strength and etc) 5.1.2 Product Information (Picture, Specifications and Applications) 5.1.3 Revenue (M USD), Price and Operating Profits 5.2 ADNOC 5.2.1 Company Details (Foundation Year, Employee Strength and etc) 5.2.2 Product Information (Picture, Specifications and Applications) 5.2.3 Revenue (M USD), Price and Operating Profits 5.3 BP(UK) 5.3.1 Company Details (Foundation Year, Employee Strength and etc) 5.3.2 Product Information (Picture, Specifications and Applications) 5.3.3 Revenue (M USD), Price and Operating Profits 5.4 KNPC 5.4.1 Company Details (Foundation Year, Employee Strength and etc) 5.4.2 Product Information (Picture, Specifications and Applications) 5.4.3 Revenue (M USD), Price and Operating Profits 5.5 Gazprom 5.5.1 Company Details (Foundation Year, Employee Strength and etc) 5.5.2 Product Information (Picture, Specifications and Applications) 5.5.3 Revenue (M USD), Price and Operating Profits 5.6 Exxon Mobil 5.6.1 Company Details (Foundation Year, Employee Strength and etc) 5.6.2 Product Information (Picture, Specifications and Applications) 5.6.3 Revenue (M USD), Price and Operating Profits 5.7 Shell 5.7.1 Company Details (Foundation Year, Employee Strength and etc) 5.7.2 Product Information (Picture, Specifications and Applications) 5.7.3 Revenue (M USD), Price and Operating Profits 5.8 Phillips66 5.8.1 Company Details (Foundation Year, Employee Strength and etc) 5.8.2 Product Information (Picture, Specifications and Applications) 5.8.3 Revenue (M USD), Price and Operating Profits 5.9 British Petroleum 5.9.1 Company Details (Foundation Year, Employee Strength and etc) 5.9.2 Product Information (Picture, Specifications and Applications) 5.9.3 Revenue (M USD), Price and Operating Profits 5.10 ADGAS 5.10.1 Company Details (Foundation Year, Employee Strength and etc) 5.10.2 Product Information (Picture, Specifications and Applications) 5.10.3 Revenue (M USD), Price and Operating Profits 5.11 China Petroleum & Chemical 5.11.1 Company Details (Foundation Year, Employee Strength and etc) 5.11.2 Product Information (Picture, Specifications and Applications) 5.11.3 Revenue (M USD), Price and Operating Profits 5.12 Chevron 5.12.1 Company Details (Foundation Year, Employee Strength and etc) 5.12.2 Product Information (Picture, Specifications and Applications) 5.12.3 Revenue (M USD), Price and Operating Profits 5.13 China National Petroleum 5.13.1 Company Details (Foundation Year, Employee Strength and etc) 5.13.2 Product Information (Picture, Specifications and Applications) 5.13.3 Revenue (M USD), Price and Operating Profits 5.14 Petroleum Nasional 5.14.1 Company Details (Foundation Year, Employee Strength and etc) 5.14.2 Product Information (Picture, Specifications and Applications) 5.14.3 Revenue (M USD), Price and Operating Profits 5.15 Valero Energy 5.15.1 Company Details (Foundation Year, Employee Strength and etc) 5.15.2 Product Information (Picture, Specifications and Applications) 5.15.3 Revenue (M USD), Price and Operating Profits Chapter 6 Globalisation & Trade 6.1 Business Locations 6.2 Supply channels 6.3 Marketing strategy 6.4 Barriers to Entry Chapter 7 Distributors and Customers 7.1 Major Distributors and contact information by Regions 7.2 Major Customers and contact information by Regions Chapter 8 Import, Export, Consumption and Consumption Value by Major Countries 8.1 USA 8.2 Germany 8.3 China 8.4 Japan 8.5 India Chapter 9 World Liquefied Petroleum Gas (LPG) Market Forecast through 2025 9.1 World Liquefied Petroleum Gas (LPG) Demand by Regions Forecast through 2025 9.2 World Liquefied Petroleum Gas (LPG) Price(by Regions, Types, Applications)Analysis Forecast through 2025 9.3 World Liquefied Petroleum Gas (LPG) Revenue (M USD)(by Regions, Types, Applications) Forecast through 2025 9.4 World Liquefied Petroleum Gas (LPG) Market Analysis 9.4.1 World Liquefied Petroleum Gas (LPG) Market Revenue and Growth Rate 2015-2019 9.4.2 World Liquefied Petroleum Gas (LPG) Market Consumption and Growth rate 2015-2019 9.4.3 World Liquefied Petroleum Gas (LPG) Market Price Analysis 2015-2019 Chapter 10 Key success factors and Market Overview
Tables and figures Table Main Market Activities by Regions Table Market Revenue (M USD) and Growth Rate 2015-2025 Table Major Players Revenue (M USD) in 2019 Table Market Revenue (M USD) and Growth Rate 2015-2025 Table Major Players Revenue (M USD) in 2019 Table Market Revenue (M USD) and Growth Rate 2015-2025 Table Major Players Revenue (M USD) in 2019 Table Market Revenue (M USD) and Growth Rate 2015-2025 Table Major Players Revenue (M USD) in 2019 Table Market Revenue (M USD) and Growth Rate 2015-2025 Table Major Players Revenue (M USD) in 2019 Table Major Production Market share by Players 2019 Table Major Revenue (M USD) Market share by Players 2019 Table Production Market share by Major Regions in 2015-2019 Table Production Market share by Major Regions in 2020-2025 Table Revenue (M USD) Market share by Regions in 2015-2019 Table Revenue (M USD) Market share by Regions in 2020-2025 Table Industry Supply chain Analysis Table Raw material Prices Analysis 2015-2019 Table Raw material Suppliers Market Analysis Table Manufacturing Equipment Suppliers Analysis Figure Production Process Analysis Figure Production Cost Structure Table major End Users by Regions Table Saudi Aramco Information List Figure Liquefied Petroleum Gas (LPG)Liquefied Petroleum Gas (LPG) Picture, Specifications and Applications of Saudi Aramco Table Liquefied Petroleum Gas (LPG) Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Saudi Aramco 2019-2019 Figure Liquefied Petroleum Gas (LPG) Sales Volume and World Market Share of Saudi Aramco 2019-2019 Table ADNOC Information List Figure Liquefied Petroleum Gas (LPG) Picture, Specifications and Applications of ADNOC Table Liquefied Petroleum Gas (LPG) Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of ADNOC 2019-2019 Figure Liquefied Petroleum Gas (LPG) Sales Volume and World Market Share of ADNOC 2019-2019 Table BP(UK) Information List Figure Liquefied Petroleum Gas (LPG) Picture, Specifications and Applications of BP(UK) Table Liquefied Petroleum Gas (LPG) Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of BP(UK) 2019-2019 Figure Liquefied Petroleum Gas (LPG) Sales Volume and World Market Share of BP(UK) 2019-2019 Table KNPC Information List Figure Liquefied Petroleum Gas (LPG) Picture, Specifications and Applications of KNPC Table Liquefied Petroleum Gas (LPG) Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of KNPC 2019-2019 Figure Liquefied Petroleum Gas (LPG) Sales Volume and World Market Share of KNPC 2019-2019 Table Gazprom Information List Figure Liquefied Petroleum Gas (LPG) Picture, Specifications and Applications of Gazprom Table Liquefied Petroleum Gas (LPG) Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Gazprom 2019-2019 Figure Liquefied Petroleum Gas (LPG) Sales Volume and World Market Share of Gazprom 2019-2019 Table Exxon Mobil Information List Figure Liquefied Petroleum Gas (LPG) Picture, Specifications and Applications of Exxon Mobil Table Liquefied Petroleum Gas (LPG) Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Exxon Mobil 2019-2019 Figure Liquefied Petroleum Gas (LPG) Sales Volume and World Market Share of Exxon Mobil 2019-2019 Table Shell Information List Figure Liquefied Petroleum Gas (LPG) Picture, Specifications and Applications of Shell Table Liquefied Petroleum Gas (LPG) Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Shell 2019-2019 Figure Liquefied Petroleum Gas (LPG) Sales Volume and World Market Share of Shell 2019-2019 Table Phillips66 Information List Figure Liquefied Petroleum Gas (LPG) Picture, Specifications and Applications of Phillips66 Table Liquefied Petroleum Gas (LPG) Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Phillips66 2019-2019 Figure Liquefied Petroleum Gas (LPG) Sales Volume and World Market Share of Phillips66 2019-2019 Table British Petroleum Information List Figure Liquefied Petroleum Gas (LPG) Picture, Specifications and Applications of British Petroleum Table Liquefied Petroleum Gas (LPG) Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of British Petroleum 2019-2019 Figure Liquefied Petroleum Gas (LPG) Sales Volume and World Market Share of British Petroleum 2019-2019 Table ADGAS Information List Figure Liquefied Petroleum Gas (LPG) Picture, Specifications and Applications of ADGAS Table Liquefied Petroleum Gas (LPG) Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of ADGAS 2019-2019 Figure Liquefied Petroleum Gas (LPG) Sales Volume and World Market Share of ADGAS 2019-2019 Table China Petroleum & Chemical Information List Figure Liquefied Petroleum Gas (LPG) Picture, Specifications and Applications of China Petroleum & Chemical Table Liquefied Petroleum Gas (LPG) Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of China Petroleum & Chemical 2019-2019 Figure Liquefied Petroleum Gas (LPG) Sales Volume and World Market Share of China Petroleum & Chemical 2019-2019 Table Chevron Information List Figure Liquefied Petroleum Gas (LPG) Picture, Specifications and Applications of Chevron Table Liquefied Petroleum Gas (LPG) Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Chevron 2019-2019 Figure Liquefied Petroleum Gas (LPG) Sales Volume and World Market Share of Chevron 2019-2019 Table China National Petroleum Information List Figure Liquefied Petroleum Gas (LPG) Picture, Specifications and Applications of China National Petroleum Table Liquefied Petroleum Gas (LPG) Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of China National Petroleum 2019-2019 Figure Liquefied Petroleum Gas (LPG) Sales Volume and World Market Share of China National Petroleum 2019-2019 Table Petroleum Nasional Information List Figure Liquefied Petroleum Gas (LPG) Picture, Specifications and Applications of Petroleum Nasional Table Liquefied Petroleum Gas (LPG) Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Petroleum Nasional 2019-2019 Figure Liquefied Petroleum Gas (LPG) Sales Volume and World Market Share of Petroleum Nasional 2019-2019 Table Valero Energy Information List Figure Liquefied Petroleum Gas (LPG) Picture, Specifications and Applications of Valero Energy Table Liquefied Petroleum Gas (LPG) Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Valero Energy 2019-2019 Figure Liquefied Petroleum Gas (LPG) Sales Volume and World Market Share of Valero Energy 2019-2019 Table Business Locations Figure Supply channels Figure Marketing strategy Table Barriers Analysis to Entry Table Major Distributors and contact information by Regions Table Major Customers and contact information by Regions Table USA Supply, Import, Export, Consumption and Consumption Value(M USD) Table Germany Supply, Import, Export, Consumption and Consumption Value(M USD) Table China Supply, Import, Export, Consumption and Consumption Value(M USD) Table Japan Supply, Import, Export, Consumption and Consumption Value(M USD) Table India Supply, Import, Export, Consumption and Consumption Value(M USD) Table World Demand by Regions Forecast Analysis of Liquefied Petroleum Gas (LPG) (2020-2025) Table World Price by Regions Forecast Analysis of Liquefied Petroleum Gas (LPG) (2020-2025) Table World Price by Types Forecast Analysis of Liquefied Petroleum Gas (LPG) (2020-2025) Table World Price by Applications Forecast Analysis of Liquefied Petroleum Gas (LPG) (2020-2025) Table World Revenue (M USD) by Regions Forecast Analysis of Liquefied Petroleum Gas (LPG) (2020-2025) Table World Revenue (M USD) by Types Forecast Analysis of Liquefied Petroleum Gas (LPG) (2020-2025) Table World Revenue (M USD) by Applications Forecast Analysis of Liquefied Petroleum Gas (LPG) (2020-2025)