Global Liquefied Petroleum Gas (LPG) Market Size [2023-2030] - CAGR Status with Future SWOT Analysis

Global Liquefied Petroleum Gas (LPG) Market Size [2023-2030] - CAGR Status with Future SWOT Analysis

Liquefied Petroleum Gas (LPG) Market Insights and Overview [2023-2029] | No. of Pages 135

A New “Liquefied Petroleum Gas (LPG) Market” Research Report 2023: Demonstrate global opportunities, future business trends, and current growth scenario of Top Market Players?(Saudi Aramco, Sinopec, ADNOC, CNPC, Exxon Mobil, KNPC). This report covers industry size, share, regional developments, and new investment plans with industry segments and sub-segments. Recent Liquefied Petroleum Gas (LPG) market size is based on key segments by Type?(Petroleum Cracking Method, Gas Purification Method), Application?(Civil, Industrial, Others), and region.

Due to the COVID-19 pandemic, the global Liquefied Petroleum Gas (LPG) market size is estimated to be worth USD 171080 million in 2022 and is forecast to a readjusted size of USD 222810 million by 2029 with a CAGR of 3.8% during the forecast period 2023-2029.

The report covers a precise and strategic assessment of top manufacturers along with?Growth Revenue, Industry CAGR Status, Competitive Landscape, and Company Profiles Analysis. It also highlights the production and consumption scenario with supply-demand status, the latest opportunities, and challenges for the forecast period.

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Global Liquefied Petroleum Gas (LPG) Market: Competitive Analysis

This section of the report identifies various key manufacturers of the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period 2023-2029.

List of Top Major Players Covered in the Liquefied Petroleum Gas (LPG) Market Are:

  • 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

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Short Description Of Liquefied Petroleum Gas (LPG) Market:

“The Global Liquefied Petroleum Gas (LPG) market is anticipated to rise at a considerable rate during the forecast period, between 2023 to 2029. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.”

The Liquefied Petroleum Gas (LPG) market size highlights market essentials, opportunities, regional trends, emerging growth factors, market challenges, forecasts and competitors joined with their market share.

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.


Market Analysis and Insights:?Global Liquefied Petroleum Gas (LPG) Market

Due to the COVID-19 pandemic, the global Liquefied Petroleum Gas (LPG) market size is estimated to be worth USD 171080 million in 2022 and is forecast to a readjusted size of USD 222810 million by 2029 with a CAGR of 3.8% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Petroleum Cracking Method accounting for Percent of the Liquefied Petroleum Gas (LPG) global market in 2022, is projected to value USD million by 2029, growing at a revised Percent CAGR from 2023 to 2029. While Civil segment is altered to an Percent CAGR throughout this forecast period.


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%.


Global Liquefied Petroleum Gas (LPG)


Global Liquefied Petroleum Gas (LPG) Market Scope and Market Size:

The global Liquefied Petroleum Gas (LPG) market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Liquefied Petroleum Gas (LPG) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.

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Market Segments Analysis:

This report has explored the key segments: by Type and by Application. The report evaluates the important characteristics of the market based on current market scenarios, market demands, and business strategies. This report also provides sales, revenue, and average price forecast data by type and by application segments based on production, price, and value for the period 2018-2029.

On the basis of Product Type, this report displays the production, revenue, price, market share, and growth rate of Liquefied Petroleum Gas (LPG) Market types split into:

  • Petroleum Cracking Method
  • Gas Purification Method

On the basis of the End Users/Applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share, and growth rate of Liquefied Petroleum Gas (LPG) Market applications, including:

  • Civil
  • Industrial
  • Others

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Global Key Stakeholders:

  • Raw material suppliers
  • Distributors/traders/wholesalers/suppliers
  • Regulatory bodies, including government agencies and NGO
  • Commercial research & development (R&D) institutions
  • Importers and exporters
  • Government organizations, research organizations, and consulting firms
  • Trade associations and industry bodies
  • End-use industries

Key inclusions of the Liquefied Petroleum Gas (LPG) market report:

  • COVID-19 effects on Liquefied Petroleum Gas (LPG) market growth figures.
  • Statistical analysis pertaining to market size, sales volume, and overall industry revenue.
  • Organized mentions of major market trends.
  • Growth Opportunities with Liquefied Petroleum Gas (LPG) Market Forecast
  • Figures showcasing market growth rate.
  • Advantages and disadvantages of direct and indirect sales channels.
  • Insights regarding traders, distributors, and dealers present in the industry.

Region and Country Coverage:

  • North America (United States, Canada, and Mexico)
  • Europe (Germany, UK, France, Italy, Russia and Turkey, etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia, and Vietnam)
  • South America (Brazil etc.)
  • Middle East and Africa (Egypt and GCC Countries)

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Liquefied Petroleum Gas (LPG) Market Report Covers the Following Questions:

  • Which regional market is covered in terms of Liquefied Petroleum Gas (LPG) market share and size?
  • What factors are preventing market growth?
  • What are the key trends observed in the market?
  • Who are the most-established players in the global Liquefied Petroleum Gas (LPG) market landscape?
  • What are the different strategies used by players to market their products during the COVID-19 pandemic?
  • How are emerging market players expanding their presence in the Liquefied Petroleum Gas (LPG) market?
  • What are the major challenges in front of the global Liquefied Petroleum Gas (LPG) market?
  • Who are the key vendors of the global Liquefied Petroleum Gas (LPG) market?
  • What are the leading key industries of the global Liquefied Petroleum Gas (LPG) market?
  • Which factors are responsible for driving the global Liquefied Petroleum Gas (LPG) market?
  • What are the key outcomes of SWOT and Porter’s five analyses?
  • What are the major key strategies for enhancing global opportunities?
  • What are the different effective sales patterns?
  • What will be the global market size in the forecast period?
  • What are the strengths and weaknesses of the Liquefied Petroleum Gas (LPG) Market?
  • What are the different marketing and distribution channels?
  • What is the current CAGR of the Liquefied Petroleum Gas (LPG) Market?
  • What are the Liquefied Petroleum Gas (LPG) market opportunities in front of the market?
  • What are the highest competitors in the Liquefied Petroleum Gas (LPG) market?
  • What is the Liquefied Petroleum Gas (LPG) market size and growth rate in the forecast period?

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Detailed TOC of Global Liquefied Petroleum Gas (LPG) Market Research Report 2023

1 Report Overview

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Liquefied Petroleum Gas (LPG) Market Size Growth Rate by Type: 2018 VS 2022 VS 2029

1.3 Market by Application

1.3.1 Global Liquefied Petroleum Gas (LPG) Market Growth by Application: 2018 VS 2022 VS 2029

1.4 Study Objectives

1.5 Years Considered

1.6 Years Considered

2 Global Growth Trends

2.1 Global Liquefied Petroleum Gas (LPG) Market Perspective (2018-2029)

2.2 Liquefied Petroleum Gas (LPG) Growth Trends by Region

2.2.1 Global Liquefied Petroleum Gas (LPG) Market Size by Region: 2018 VS 2022 VS 2029

2.2.2 Liquefied Petroleum Gas (LPG) Historic Market Size by Region (2018-2023)

2.2.3 Liquefied Petroleum Gas (LPG) Forecasted Market Size by Region (2024-2029)

2.3 Liquefied Petroleum Gas (LPG) Market Dynamics

2.3.1 Liquefied Petroleum Gas (LPG) Industry Trends

2.3.2 Liquefied Petroleum Gas (LPG) Market Drivers

2.3.3 Liquefied Petroleum Gas (LPG) Market Challenges

2.3.4 Liquefied Petroleum Gas (LPG) Market Restraints

3 Competition Landscape by Key Players

3.1 Global Top Liquefied Petroleum Gas (LPG) Players by Revenue

3.1.1 Global Top Liquefied Petroleum Gas (LPG) Players by Revenue (2018-2023)

3.1.2 Global Liquefied Petroleum Gas (LPG) Revenue Market Share by Players (2018-2023)

3.2 Global Liquefied Petroleum Gas (LPG) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Players Covered: Ranking by Liquefied Petroleum Gas (LPG) Revenue

3.4 Global Liquefied Petroleum Gas (LPG) Market Concentration Ratio

3.5 Liquefied Petroleum Gas (LPG) Key Players Head office and Area Served

3.6 Key Players Liquefied Petroleum Gas (LPG) Product Solution and Service

3.7 Date of Enter into Liquefied Petroleum Gas (LPG) Market

3.8 Mergers & Acquisitions, Expansion Plans

4 Liquefied Petroleum Gas (LPG) Breakdown Data by Type

4.1 Global Liquefied Petroleum Gas (LPG) Historic Market Size by Type (2018-2023)

4.2 Global Liquefied Petroleum Gas (LPG) Forecasted Market Size by Type (2024-2029)

5 Liquefied Petroleum Gas (LPG) Breakdown Data by Application

5.1 Global Liquefied Petroleum Gas (LPG) Historic Market Size by Application (2018-2023)

5.2 Global Liquefied Petroleum Gas (LPG) Forecasted Market Size by Application (2024-2029)

6 North America

6.1 North America Liquefied Petroleum Gas (LPG) Market Size (2018-2029)

6.2 North America Liquefied Petroleum Gas (LPG) Market Growth Rate by Country: 2018 VS 2022 VS 2029

6.3 North America Liquefied Petroleum Gas (LPG) Market Size by Country (2018-2023)

6.4 North America Liquefied Petroleum Gas (LPG) Market Size by Country (2024-2029)

6.5 United States

6.6 Canada

7 Europe

7.1 Europe Liquefied Petroleum Gas (LPG) Market Size (2018-2029)

7.2 Europe Liquefied Petroleum Gas (LPG) Market Growth Rate by Country: 2018 VS 2022 VS 2029

7.3 Europe Liquefied Petroleum Gas (LPG) Market Size by Country (2018-2023)

7.4 Europe Liquefied Petroleum Gas (LPG) Market Size by Country (2024-2029)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8 Asia-Pacific

8.1 Asia-Pacific Liquefied Petroleum Gas (LPG) Market Size (2018-2029)

8.2 Asia-Pacific Liquefied Petroleum Gas (LPG) Market Growth Rate by Region: 2018 VS 2022 VS 2029

8.3 Asia-Pacific Liquefied Petroleum Gas (LPG) Market Size by Region (2018-2023)

8.4 Asia-Pacific Liquefied Petroleum Gas (LPG) Market Size by Region (2024-2029)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9 Latin America

9.1 Latin America Liquefied Petroleum Gas (LPG) Market Size (2018-2029)

9.2 Latin America Liquefied Petroleum Gas (LPG) Market Growth Rate by Country: 2018 VS 2022 VS 2029

9.3 Latin America Liquefied Petroleum Gas (LPG) Market Size by Country (2018-2023)

9.4 Latin America Liquefied Petroleum Gas (LPG) Market Size by Country (2024-2029)

9.5 Mexico

9.6 Brazil

10 Middle East & Africa

10.1 Middle East & Africa Liquefied Petroleum Gas (LPG) Market Size (2018-2029)

10.2 Middle East & Africa Liquefied Petroleum Gas (LPG) Market Growth Rate by Country: 2018 VS 2022 VS 2029

10.3 Middle East & Africa Liquefied Petroleum Gas (LPG) Market Size by Country (2018-2023)

10.4 Middle East & Africa Liquefied Petroleum Gas (LPG) Market Size by Country (2024-2029)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

Continue…………….

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