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LPG Market Size, Share & Trends Analysis Report By Source (Refinery, Associated Gas, Non-associated Gas), By Application, By Region, And Segment Forecasts, 2020 - 2027

September 2020 | 130 pages | ID: L9AC8EEE5CFDEN
Grand View Research, Inc.

US$ 5,950.00

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LPG Market Growth & Trends
The global LPG market size is expected to reach USD 164.36 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.4% from 2020 to 2027. Growing demand for liquefied petroleum gas (LPG) from emerging countries is projected to drive the global market during the estimated period. Urbanization and industrialization have increased expressively across the world over the past few years. The flow of investments has changed from developed countries toward emerging countries owing to the low costs of labor and infrastructure.

Increasing prices of fuel and growing environmental concerns have upturned the countries’ attention towards LPG to be used as an alternative fuel, which is the main factor propelling the market growth. Some of the key government mandates such as Federal Emission Standards, and the California Air Resources Board Zero Emission Vehicle Mandate are turning the automotive industry towards more advanced technologies so as to reduce carbon emission and achieve fuel economy, which will directly increase the demand for LPG across the market.

Demand for LPG is anticipated to observe significant growth over the projected period on account of its numerous benefits, such as low cost, low-carbon emissions, and operational benefits. LPG is emerging as a striking option for the commercial sector, combined with low-carbon technologies and renewables to assimilate a reliable year with round the clock power supply with less carbon emissions.

The residential/commercial application segment accounted for a substantial share in 2019 and is estimated to witness significant growth in the next seven years. High demand for LPG as a heating fuel and for cooking purpose in the commercial as well as residential segments has been the major factor increasing its penetration in the sector.

The liquefied petroleum gas (LPG) market in the Asia Pacific conquered the global consumption and accounted for over 28.0% share of the total volume in 2019. The Asia Pacific is anticipated to witness significant growth during the forecast period. Increasing consumption of liquefied petroleum gas for domestic usage purposes, such as cooking fuel, coupled with initiatives taken by the government, mainly in India, China, and Indonesia, is projected to propel LPG demand across the region.

LPG Market Report Highlights
  • The chemical application segment is expected to witness the fastest growth over the forecast period
  • The Asia Pacific held a substantial revenue share in 2019. China is expected to account for the maximum share in the Asia Pacific market
  • The residential/commercial application segment accounted for 17.8% share of the total revenue in 2019
  • North America is likely to witness moderate growth during the projected period.
CHAPTER 1. METHODOLOGY AND SCOPE

1.1. Market segmentation & scope
1.2. Information procurement
  1.2.1. Purchased database
  1.2.2. GVR’s internal database
  1.2.3. Secondary sources & third-party perspectives
  1.2.4. Primary research
1.3. Information analysis
  1.3.1. Data analysis models
1.4. Market formulation & data visualization
1.5. Data validation & publishing

CHAPTER 2. EXECUTIVE SUMMARY

CHAPTER 3. MARKET DEFINITIONS

CHAPTER 4. LIQUEFIED PETROLEUM GAS MARKET VARIABLES, TRENDS & SCOPE

4.1. Market Size and Growth Prospects
4.2. Industry Value Chain Analysis
4.3. Raw Material Trends
4.4. Market Dynamics
  4.4.1. Market Driver Analysis
  4.4.2. Market Restraint Analysis
  4.4.3. Opportunity Assessment
4.5. Penetration & Growth Prospect Mapping
4.6. Regulatory Framework
4.7. Business Environment Analysis Tools
  4.7.1. Industry Analysis - Porter’s
  4.7.2. PESTEL Analysis
4.8. Impact of Corona Virus on Liquefied Petroleum Gas Market

CHAPTER 5. LIQUEFIED PETROLEUM GAS MARKET SOURCE OUTLOOK

5.1. Market Size Estimates & Forecasts and Trend Analysis, 2016 - 2027 (Volume, Million Tons, Revenue, USD Billion)
5.2. Refinery
  5.2.1. Market estimates and forecasts by region, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
5.3. Associated Gas
  5.3.1. Market estimates and forecasts by region, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
5.4. Non-associated Gas
  5.4.1. Market estimates and forecasts by region, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)

CHAPTER 6. LIQUEFIED PETROLEUM GAS MARKET APPLICATION OUTLOOK

6.1. Market Size Estimates & Forecasts and Trend Analysis, 2016 - 2027 (Volume, Million Tons, Revenue, USD Billion)
6.2. Residential/Commercial
  6.2.1. Market estimates and forecasts by region, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
6.3. Chemical
  6.3.1. Market estimates and forecasts by region, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
6.4. Industrial
  6.4.1. Market estimates and forecasts by region, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
6.5. Autogas
  6.5.1. Market estimates and forecasts by region, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
6.6. Refinery
  6.6.1. Market estimates and forecasts by region, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
6.7. Others
  6.7.1. Market estimates and forecasts by region, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)

CHAPTER 7. LIQUEFIED PETROLEUM GAS REGIONAL OUTLOOK

7.1. Liquefied Petroleum Gas Market, By Region, 2019 & 2027
7.2. North America
  7.2.1. Market estimates and forecasts by Source, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
  7.2.2. Market estimates and forecasts by Application, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
  7.2.3. The U.S.
    7.2.3.1. Market estimates and forecasts by Source, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
    7.2.3.2. Market estimates and forecasts by Application, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
  7.2.4. Canada
    7.2.4.1. Market estimates and forecasts by Source, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
    7.2.4.2. Market estimates and forecasts by Application, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
  7.2.5. Mexico
    7.2.5.1. Market estimates and forecasts by Source, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
    7.2.5.2. Market estimates and forecasts by Application, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
7.3. Europe
  7.3.1. Market estimates and forecasts by Source, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
  7.3.2. Market estimates and forecasts by Application, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
  7.3.3. Germany
    7.3.3.1. Market estimates and forecasts by Source, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
    7.3.3.2. Market estimates and forecasts by Application, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
  7.3.4. The U.K.
    7.3.4.1. Market estimates and forecasts by Source, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
    7.3.4.2. Market estimates and forecasts by Application, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
  7.3.5. Spain
    7.3.5.1. Market estimates and forecasts by Source, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
    7.3.5.2. Market estimates and forecasts by Application, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
  7.3.6. Italy
    7.3.6.1. Market estimates and forecasts by Source, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
    7.3.6.2. Market estimates and forecasts by Application, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
  7.3.7. France
    7.3.7.1. Market estimates and forecasts by Source, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
    7.3.7.2. Market estimates and forecasts by Application, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
  7.3.8. Russia
    7.3.8.1. Market estimates and forecasts by Source, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
    7.3.8.2. Market estimates and forecasts by Application, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
7.4. Asia Pacific
  7.4.1. Market estimates and forecasts by Source, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
  7.4.2. Market estimates and forecasts by Application, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
  7.4.3. China
    7.4.3.1. Market estimates and forecasts by Source, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
    7.4.3.2. Market estimates and forecasts by Application, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
  7.4.4. India
    7.4.4.1. Market estimates and forecasts by Source, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
    7.4.4.2. Market estimates and forecasts by Application, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
  7.4.5. Japan
    7.4.5.1. Market estimates and forecasts by Source, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
    7.4.5.2. Market estimates and forecasts by Application, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
  7.4.6. Australia
    7.4.6.1. Market estimates and forecasts by Source, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
    7.4.6.2. Market estimates and forecasts by Application, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
  7.4.7. South Korea
    7.4.7.1. Market estimates and forecasts by Source, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
    7.4.7.2. Market estimates and forecasts by Application, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
7.5. Central and South America
  7.5.1. Market estimates and forecasts by Source, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
  7.5.2. Market estimates and forecasts by Application, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
  7.5.3. Brazil
    7.5.3.1. Market estimates and forecasts by Source, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
    7.5.3.2. Market estimates and forecasts by Application, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
7.6. MEA
  7.6.1. Market estimates and forecasts by Source, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
  7.6.2. Market estimates and forecasts by Application, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
  7.6.3. Saudi Arabia
    7.6.3.1. Market estimates and forecasts by Source, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
    7.6.3.2. Market estimates and forecasts by Application, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
  7.6.4. South Africa
    7.6.4.1. Market estimates and forecasts by Source, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)
    7.6.4.2. Market estimates and forecasts by Application, 2016 - 2027 (Volume, Million Tons Revenue, USD Billion)

CHAPTER 8. COMPETITIVE LANDSCAPE

8.1. Repsol
  8.1.1. Company overview
  8.1.2. Financial performance
  8.1.3. Product benchmarking
  8.1.4. Recent developments
8.2. China Gas Holdings Ltd.
  8.2.1. Company overview
  8.2.2. Financial performance
  8.2.3. Product benchmarking
  8.2.4. Recent developments
8.3. Saudi Arabian Oil Co.
  8.3.1. Company overview
  8.3.2. Financial performance
  8.3.3. Product benchmarking
  8.3.4. Recent developments
8.4. FLAGA Gmbh
  8.4.1. Company overview
  8.4.2. Financial performance
  8.4.3. Product benchmarking
  8.4.4. Recent Developments
8.5. Kleenheat
  8.5.1. Company Overview
  8.5.2. Financial Performance
  8.5.3. Product benchmarking
  8.5.4. Recent developments
8.6. Royal Dutch Shell
  8.6.1. Company overview
  8.6.2. Financial performance
  8.6.3. Product benchmarking
  8.6.4. Recent developments
8.7. BP Plc
  8.7.1. Company Overview
  8.7.2. Financial Performance
  8.7.3. Product Benchmarking
  8.7.4. Recent Developments
8.8. Bharat Petroleum Corporation Limited
  8.8.1. Company Overview
  8.8.2. Financial Performance
  8.8.3. Product Benchmarking
  8.8.4. Recent Developments
8.9. Total
  8.9.1. Company overview
  8.9.2. Financial performance
  8.9.3. Product benchmarking
  8.9.4. Recent developments
8.10. JGC HOLDINGS CORPORATION
  8.10.1. Company overview
  8.10.2. Financial performance
  8.10.3. Product benchmarking
  8.10.4. Recent developments
8.11. Phillips 66 Company
  8.11.1. Company overview
  8.11.2. Financial performance
  8.11.3. Product benchmarking
  8.11.4. Recent developments
8.12. Reliance Industries Limited
  8.12.1. Company overview
  8.12.2. Financial performance
  8.12.3. Product benchmarking
  8.12.4. Recent developments
8.13. Exxon Mobil Corporation
  8.13.1. Company overview
  8.13.2. Financial performance
  8.13.3. Product benchmarking
  8.13.4. Recent developments
8.14. Petroliam Nasional Berhad (PETRONAS)
  8.14.1. Company overview
  8.14.2. Financial performance
  8.14.3. Product benchmarking
  8.14.4. Recent developments
8.15. PetroChina Company Limited
  8.15.1. Company overview
  8.15.2. Financial performance
  8.15.3. Product benchmarking
  8.15.4. Recent developments
8.16. Petredec Pte Limited
  8.16.1. Company overview
  8.16.2. Financial performance
  8.16.3. Product benchmarking
  8.16.4. Recent developments
8.17. Qatargas Operating Company Limited
  8.17.1. Company overview
  8.17.2. Financial performance
  8.17.3. Product benchmarking
  8.17.4. Recent developments
8.18. Petrofac Limited
  8.18.1. Company overview
  8.18.2. Financial performance
  8.18.3. Product benchmarking
  8.18.4. Recent developments
8.19. China Petroleum & Chemical Corporation
  8.19.1. Company overview
  8.19.2. Financial performance
  8.19.3. Product benchmarking
  8.19.4. Recent developments
8.20. Vitol
  8.20.1. Company overview
  8.20.2. Financial performance
  8.20.3. Product benchmarking
  8.20.4. Recent developments

LIST OF TABLES

TABLE 1 Global Liquefied Petroleum Gas Market, 2016 - 2027 (Million Tons, USD Billion)
TABLE 2 Global Liquefied Petroleum Gas Market estimates and forecasts by Source, (Million Tons, USD Billion), 2016 - 2027
TABLE 3 Global Liquefied Petroleum Gas Market estimates and forecasts by Application, (Million Tons, USD Billion), 2016 - 2027
TABLE 4 Liquefied Petroleum Gas - Key Market Restraint
TABLE 5 North America Liquefied Petroleum Gas market by Source, 2016 - 2027 (Million Tons, USD Billion)
TABLE 6 North America Liquefied Petroleum Gas market by Application, 2016 - 2027 (Million Tons, USD Billion)
TABLE 7 U.S. Liquefied Petroleum Gas market by Source, 2016 - 2027 (Million Tons, USD Billion)
TABLE 8 U.S. Liquefied Petroleum Gas market by Application, 2016 - 2027 (Million Tons, USD Billion)
TABLE 9 Canada Liquefied Petroleum Gas market by Source, 2016 - 2027 (Million Tons, USD Billion)
TABLE 10 Canada Liquefied Petroleum Gas market by Application, 2016 - 2027 (Million Tons, USD Billion)
TABLE 11 Mexico Liquefied Petroleum Gas market by Source, 2016 - 2027 (Million Tons, USD Billion)
TABLE 12 Mexico Liquefied Petroleum Gas market by Application, 2016 - 2027 (Million Tons, USD Billion)
TABLE 13 Europe Liquefied Petroleum Gas market by Source, 2016 - 2027 (Million Tons, USD Billion)
TABLE 14 Europe Liquefied Petroleum Gas market by Application, 2016 - 2027 (Million Tons, USD Billion)
TABLE 15 U.K. Liquefied Petroleum Gas market by Source, 2016 - 2027 (Million Tons, USD Billion)
TABLE 16 U.K. Liquefied Petroleum Gas market by Application, 2016 - 2027 (Million Tons, USD Billion)
TABLE 17 France Liquefied Petroleum Gas market by Source, 2016 - 2027 (Million Tons, USD Billion)
TABLE 18 France Liquefied Petroleum Gas market by Source, 2016 - 2027 (Million Tons, USD Billion)
TABLE 19 Germany Liquefied Petroleum Gas market by Application, 2016 - 2027 (Million Tons, USD Billion)
TABLE 20 Germany Liquefied Petroleum Gas market by Source, 2016 - 2027 (Million Tons, USD Billion)
TABLE 21 Italy Liquefied Petroleum Gas market by Application, 2016 - 2027 (Million Tons, USD Billion)
TABLE22 Italy Liquefied Petroleum Gas market by Source, 2016 - 2027 (Million Tons, USD Billion)
TABLE 23 Spain Liquefied Petroleum Gas market by Application, 2016 - 2027 (Million Tons, USD Billion)
TABLE 24 Spain Liquefied Petroleum Gas market by Source, 2016 - 2027 (Million Tons, USD Billion)
TABLE 25 Russia Liquefied Petroleum Gas market by Application, 2016 - 2027 (Million Tons, USD Billion)
TABLE 26 Russia Liquefied Petroleum Gas market by Source, 2016 - 2027 (Million Tons, USD Billion)
TABLE 27 APAC Liquefied Petroleum Gas market by Application, 2016 - 2027 (Million Tons, USD Billion)
TABLE 28 APAC Liquefied Petroleum Gas market by Source, 2016 - 2027 (Million Tons, USD Billion)
TABLE 29 India Liquefied Petroleum Gas market by Application, 2016 - 2027 (Million Tons, USD Billion)
TABLE 30 India Liquefied Petroleum Gas market by Source, 2016 - 2027 (Million Tons, USD Billion)
TABLE 31 China Liquefied Petroleum Gas market by Application, 2016 - 2027 (Million Tons, USD Billion)
TABLE 32 China Liquefied Petroleum Gas market by Source, 2016 - 2027 (Million Tons, USD Billion)
TABLE 33 Japan Liquefied Petroleum Gas market by Application, 2016 - 2027 (Million Tons, USD Billion)
TABLE 34 Japan Liquefied Petroleum Gas market by Source, 2016 - 2027 (Million Tons, USD Billion)
TABLE 35 Australia Liquefied Petroleum Gas market by Application, 2016 - 2027 (Million Tons, USD Billion)
TABLE 9 Australia Liquefied Petroleum Gas market by Source, 2016 - 2027 (Million Tons, USD Billion)
TABLE 36 South Korea Liquefied Petroleum Gas market by Source, 2016 - 2027 (Million Tons, USD Billion)
TABLE 37 South Korea Liquefied Petroleum Gas market by Application, 2016 - 2027 (Million Tons, USD Billion)
TABLE 38 CSA Liquefied Petroleum Gas market by Source, 2016 - 2027 (Million Tons, USD Billion)
TABLE 39 CSA Liquefied Petroleum Gas market by Application, 2016 - 2027 (Million Tons, USD Billion)
TABLE 40 Brazil Liquefied Petroleum Gas market by Source, 2016 - 2027 (Million Tons, USD Billion)
TABLE 41 Brazil Liquefied Petroleum Gas market by Application, 2016 - 2027 (Million Tons, USD Billion)
TABLE 42 MEA Liquefied Petroleum Gas market by Source, 2016 - 2027 (Million Tons, USD Billion)
TABLE 43 MEA Liquefied Petroleum Gas market by Application, 2016 - 2027 (Million Tons, USD Billion)
TABLE 44 South AfricaLiquefied Petroleum Gas market by Source, 2016 - 2027 (Million Tons, USD Billion)
TABLE 45 South Africa Liquefied Petroleum Gas market by Application, 2016 - 2027 (Million Tons, USD Billion)
TABLE 46 Saudi Arabia Liquefied Petroleum Gas market by Application, 2016 - 2027 (Million Tons, USD Billion)
TABLE 47 Saudi Arabia Liquefied Petroleum Gas market by Source, 2016 - 2027 (Million Tons, USD Billion)
LIST OF FIGURES

FIG. 1 Market segmentation & scope
FIG. 2 Liquefied Petroleum Gas market size and growth prospects
FIG. 3 Liquefied Petroleum Gas Value chain analysis
FIG. 4 Market Dynamics
FIG. 5 Liquefied Petroleum Gas market- Penetration & Growth Prospect Mapping
FIG. 6 Porter’s Five Forces Analysis
FIG. 7 PEST Analysis for Liquefied Petroleum Gas Industry
FIG. 8 Regional outlook, 2019 & 2027
FIG. 10 Liquefied Petroleum Gas market by Source, 2016 - 2027 (Million Tons, USD Billion)
FIG. 11 Liquefied Petroleum Gas market by Application, 2016 - 2027 (Million Tons, USD Billion)
FIG. 12 Liquefied Petroleum Gas market by Region, 2016 - 2027 (Million Tons, USD Billion)


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