Liquefied Petroleum Gas (LPG) Market Analysis APAC, North America, Europe, South America, Middle East and Africa - US, China, India, Japan, Germany - Size and Forecast 2024-2028

Published: Mar 2024

Pages: 174

SKU: IRTNTR72725

Snapshot

Liquefied Petroleum Gas (LPG) Market Forecast 2024-2028

The Liquefied Petroleum Gas (LPG) Market size is forecast to increase by USD 52.77 billion, at a CAGR of 3.6% between 2023 and 2028. The market is currently witnessing a surge in demand driven by several key factors. Firstly, the rise of virtual pipeline technology (VPT) has significantly contributed to the increased demand for liquefied petroleum gas (LPG). This innovative technology facilitates the transportation of LPG to areas without traditional pipeline infrastructure. Additionally, there is a growing adoption of LPG as a marine fuel, aligning with the maritime industry's shift towards cleaner and more sustainable energy sources. Furthermore, there is a notable trend towards the use of autogas, indicating a shift in the automotive sector towards LPG as a preferred fuel option.

For More Highlights About this Report, Download Free Sample in a Minute

Market Segment Overview :

Residential is the fastest-growing segment during the forecast year
The residential was the largest segment and was valued at USD 92.87 billion in 2018.
APAC is the most dominating region during the forecast period
It also includes an in-depth analysis of the technological advancements in LPG production, the growing shift toward autogas, and the availability of alternative fuels for residential end-users.

Significant Market Trend

A growing shift toward autogas is an emerging trend in the market. Autogas is essentially a cleaner alternative to traditional gasoline and diesel, with lower emissions of greenhouse gases and air pollutants. In addition, this environmental advantage is a significant driver for the adoption of autogas in the transportation sector. Furthermore, autogas is often more cost-effective compared to traditional fuels, making it an attractive option for consumers and fleet operators.

Moreover, the economic advantage of using autogas can drive its adoption in transportation. In addition, governments in several countries, such as the US and India, have implemented incentives and policies to encourage the use of autogas. Furthermore, these may include tax incentives, subsidies, and regulations promoting the installation of autogas refueling infrastructure. Hence, such factors are positively impacting the liquefied petroleum gas market. Therefore, it is driving the market growth during the forecast period.

Residential

The residential segment is estimated to witness significant growth during the forecast period. LPG is a highly versatile source of energy, which can be utilized across a broad range of applications, including water and space heating and cooling in the residential sector. In addition, in developing countries, liquified petroleum gas is also used for lighting where electricity is unavailable. Furthermore, in developed countries, liquified petroleum gas is often used for outdoor activities such as barbecues and camping.

Get a glance at the market contribution of various segments Download PDF Sample

Moreover, LPG is usually liquefied for bulk storage and transportation, owing to its high density as a liquid, thus creating a need for pressurized vessels. In addition, it is refrigerated for shipment by sea and storage of large volumes at the receiving terminals. Furthermore, liquified petroleum gas has high-energy content on a per-ton basis in a liquid state compared with traditional fuels and most other oil products. In addition, it burns readily in the presence of air, thus releasing a hot flame. Hence, such factors are fuelling the growth of this segment which in turn drives the market growth during the forecast period.

Market Regional Analysis

For more insights on the market share of various regions Download PDF Sample now!

APAC is estimated to contribute 54% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The APAC region is undergoing rapid urbanization and industrialization, resulting in an increased demand for liquified petroleum gas for residential, commercial, and industrial applications. In addition, it is widely used for cooking, heating, and power generation and as a feedstock in various industries, driving regional market growth. Moreover, population growth and rising disposable income levels in APAC countries are driving increased consumption of liquified petroleum gas for cooking and heating purposes. In addition, as more households transition from traditional solid fuels to LPG for cooking, the demand for liquified petroleum gas cylinders and infrastructure is growing. Furthermore, countries in the APAC region, such as India, provide subsidies and incentives to promote the use as a cleaner alternative to traditional fuels such as biomass and coal. In addition, subsidized LPG cylinders and distribution networks help increase access to liquified petroleum gas in rural and remote areas, stimulating regional market growth. Hence, such factors are driving the market growth in APAC during the forecast period.

Market Dynamics and Customer Landscape

The market is experiencing robust growth, driven by the increasing demand for clean and green energy sources amidst concerns over pollution and climate change. As governments worldwide implement stringent regulations to reduce carbon emissions and mitigate environmental damage, there's a notable shift towards cleaner energy alternatives. LPG, being a versatile and environmentally friendly fuel, is gaining traction in both developed and developing countries. Its non-toxic, clean, and convenient nature makes it ideal for residential, commercial, and industrial applications, including heating, cooking, and process industries. Additionally, the easy accessibility of LPG and government subsidies and initiatives further fuel its adoption, contributing to the market's growth trajectory.

Moreover, the versatility of LPG as a portable fuel and its suitability for various applications make it a preferred choice for consumers seeking cost-efficient and sustainable energy solutions. With its non-associated gas source type and sulfur-free composition, LPG offers a cleaner alternative to conventional fuels like diesel and gasoline, thereby reducing carbon emission levels and pollution. The global transportation industry is increasingly turning to LPG as a cleaner energy source for vehicles, further driving market expansion. Additionally, ongoing technological advancements in natural gas processing units and refineries are enhancing the efficiency and availability of LPG, making it an attractive option for both residential and commercial use.

Key Market Driver

Technological advancements in LPG production are notably driving the market. Continuous progress in processing technologies, particularly enhanced distillation and fractionation processes, significantly contributes to increased efficiency in LPG production. The modern LPG production landscape incorporates catalytic dehydrogenation processes, enabling the extraction of valuable chemical feedstocks like propylene and ethylene from propane and butanes. Tailored Floating Production, Storage, and Offloading (FPSO) units designed for LPG production are under development, enhancing flexibility and cost-effectiveness, particularly in offshore settings.

On the other hand, Natural Gas Liquids, Commercial assets, Renewable technologies, R&D, Vehicles, Non-associated gas source, Safety Concerns, Infrastructure Limitations, Clean and green energy sources, and technological aspects are pivotal elements shaping the landscape of natural gas and energy production. Governments play a crucial role in driving sustainable practices and influencing the transition from traditional energy sources like kerosene, wood, and coal to more environmentally friendly alternatives. This transition not only addresses safety concerns but also aligns with global efforts to reduce vehicle emissions and embrace cleaner energy solutions. Hence, such factors are driving the market growth during the forecast period.

Significant Market Challenge

The availability of alternative fuels for residential end-users is a major challenge hindering the market. Currently, a major part of the population, particularly in developing countries, considers traditional fuels, such as charcoal, coal, wood, animal waste, rice husks, and kerosene, as feasible, easily available, and cost-effective options. Therefore, such fuels are available for sale in small, affordable quantities. In addition, the ongoing challenge with such consumers in developing nations is that they hesitate to bear the cost of refilling LPG.

Moreover, another modern alternative is piped CNG and LNG. As CNG is lighter than air, it will dissipate in the case of leakage. In addition, this provides a significant safety advantage over LPG. Furthermore, LNG offers a high energy density compared with that of petrol and diesel fuels, thereby reducing the refueling frequency. In addition, piped natural gases also provide a continuous supply of gas to customers. Therefore, such factors are negatively impacting the liquefied petroleum gas market. Hence, such factors are hindering the market growth during the forecast period.

Market Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Customer Landscape

Major Market Companies

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Air Liquide SA: The company offers liquified petroleum gas as a cleaner burning fuel alternative for forklifts and as a fuel for industrial applications such as heating and cutting.

The research report also includes detailed analyses of the competitive landscape of the market and information about 22 market companies, including:

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028.

End-user Outlook
- Residential
- Petrochemical
- Industrial and commercial
- Transport
- Others
Source Outlook
- Natural gas liquid
- Crude oil
Region Outlook
- North America
  - The U.S.
  - Canada
- Europe
  - U.K.
  - Germany
  - France
  - Rest of Europe
- APAC
  - China
  - India
- South America
  - Chile
  - Argentina
  - Brazil
- Middle East & Africa
  - Saudi Arabia
  - South Africa
  - Rest of the Middle East & Africa

Market Analyst Overview

The global liquefied petroleum gas (LPG) market is a dynamic sector influenced by various factors. The U.S. market, in particular, plays a significant role in shaping market trends and demand. LPG, consisting of propane and butane, is utilized in diverse applications, including vehicle emissions control, chemical processes, and as an energy source. The Energy Information Administration provides valuable insights into production, consumption, and storage. The PAHAL scheme, supported by United Nations data, aims to streamline LPG distribution, enhancing accessibility and efficiency.

Safety concerns and infrastructure limitations are critical challenges, requiring stringent regulations and technological advancements. Despite these hurdles, LPG remains a cleaner alternative to fossil fuels like kerosene, wood, and coal. The installation cost of LPG infrastructure, particularly for non-associated gas sources, is a key consideration for governments and commercial entities. The petrochemical industry relies heavily on LPG for various processes, emphasizing its importance in industrial applications. Government initiatives and cleaner fuel projects are driving the demand for LPG, especially in developing nations, where population growth and urbanization are significant factors influencing energy demand. Autogas applications are gaining traction as a transportation fuel, highlighting the versatility and potential of the global energy landscape.

Market Scope
Report Coverage	Details
Page number	174
Base year	2023
Historic period	2018-2022
Forecast period	2024-2028
Growth momentum & CAGR	Accelerate at a CAGR of 3.6%
Market Growth 2024-2028	USD 52.77 billion
Market structure	Fragmented
YoY growth 2023-2024(%)	3.46
Regional analysis	APAC, North America, Europe, South America, and Middle East and Africa
Performing market contribution	APAC at 54%
Key countries	US, China, India, Japan, and Germany
Competitive landscape	Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
Key companies profiled	Abu Dhabi National Oil Co., Air Liquide SA, Bharat Petroleum Corp. Ltd., BioLPG LLC, Chevron Corp., Exxon Mobil Corp., Hindustan Petroleum Corp. Ltd., Indian Oil Corp. Ltd., Kuwait Petroleum Corp., Linde Plc, National Gas and Industrialization Co., OQ SAOC, QatarEnergy, Reliance Industries Ltd., Sahara Group Ltd., Saudi Arabian Oil Co., Shell plc, SHIVGAS, SHV Holdings N.V., TotalEnergies SE, UGI Corp., and Vitol Netherlands Cooperatief UA
Market dynamics	Parent market analysis, market growth and forecasting Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Download PDF Sample

What are the Key Data Covered in this Market Research Report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the LPG market between 2023 and 2028
Precise estimation of the market size and its contribution to the market in focus on the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the market industry across APAC, North America, Europe, South America, and the Middle East and Africa
Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
Comprehensive market research and growth analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements.

Get in touch

Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Source
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2023

3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global liquefied petroleum gas (LPG) market 2018 - 2022
- Exhibit 18: Historic Market Size – Data Table on global liquefied petroleum gas (lpg) market 2018 - 2022 ($ billion)

4.2 End-user Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – End-user Segment 2018 - 2022 ($ billion)

4.3 Source Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size – Source Segment 2018 - 2022 ($ billion)

4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)

4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by End-user

6.1 Market segments
- Exhibit 30: Chart on End-user - Market share 2023-2028 (%)
- Exhibit 31: Data Table on End-user - Market share 2023-2028 (%)

6.2 Comparison by End-user
- Exhibit 32: Chart on Comparison by End-user
- Exhibit 33: Data Table on Comparison by End-user

6.3 Residential - Market size and forecast 2023-2028
- Exhibit 34: Chart on Residential - Market size and forecast 2023-2028 ($ billion)
- Exhibit 35: Data Table on Residential - Market size and forecast 2023-2028 ($ billion)
- Exhibit 36: Chart on Residential - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on Residential - Year-over-year growth 2023-2028 (%)

6.4 Petrochemical - Market size and forecast 2023-2028
- Exhibit 38: Chart on Petrochemical - Market size and forecast 2023-2028 ($ billion)
- Exhibit 39: Data Table on Petrochemical - Market size and forecast 2023-2028 ($ billion)
- Exhibit 40: Chart on Petrochemical - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on Petrochemical - Year-over-year growth 2023-2028 (%)

6.5 Industrial and commercial - Market size and forecast 2023-2028
- Exhibit 42: Chart on Industrial and commercial - Market size and forecast 2023-2028 ($ billion)
- Exhibit 43: Data Table on Industrial and commercial - Market size and forecast 2023-2028 ($ billion)
- Exhibit 44: Chart on Industrial and commercial - Year-over-year growth 2023-2028 (%)
- Exhibit 45: Data Table on Industrial and commercial - Year-over-year growth 2023-2028 (%)

6.6 Transport - Market size and forecast 2023-2028
- Exhibit 46: Chart on Transport - Market size and forecast 2023-2028 ($ billion)
- Exhibit 47: Data Table on Transport - Market size and forecast 2023-2028 ($ billion)
- Exhibit 48: Chart on Transport - Year-over-year growth 2023-2028 (%)
- Exhibit 49: Data Table on Transport - Year-over-year growth 2023-2028 (%)

6.7 Others - Market size and forecast 2023-2028
- Exhibit 50: Chart on Others - Market size and forecast 2023-2028 ($ billion)
- Exhibit 51: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
- Exhibit 52: Chart on Others - Year-over-year growth 2023-2028 (%)
- Exhibit 53: Data Table on Others - Year-over-year growth 2023-2028 (%)

6.8 Market opportunity by End-user
- Exhibit 54: Market opportunity by End-user ($ billion)
- Exhibit 55: Data Table on Market opportunity by End-user ($ billion)

7 Market Segmentation by Source

7.1 Market segments
- Exhibit 56: Chart on Source - Market share 2023-2028 (%)
- Exhibit 57: Data Table on Source - Market share 2023-2028 (%)

7.2 Comparison by Source
- Exhibit 58: Chart on Comparison by Source
- Exhibit 59: Data Table on Comparison by Source

7.3 Natural gas liquid - Market size and forecast 2023-2028
- Exhibit 60: Chart on Natural gas liquid - Market size and forecast 2023-2028 ($ billion)
- Exhibit 61: Data Table on Natural gas liquid - Market size and forecast 2023-2028 ($ billion)
- Exhibit 62: Chart on Natural gas liquid - Year-over-year growth 2023-2028 (%)
- Exhibit 63: Data Table on Natural gas liquid - Year-over-year growth 2023-2028 (%)

7.4 Crude oil - Market size and forecast 2023-2028
- Exhibit 64: Chart on Crude oil - Market size and forecast 2023-2028 ($ billion)
- Exhibit 65: Data Table on Crude oil - Market size and forecast 2023-2028 ($ billion)
- Exhibit 66: Chart on Crude oil - Year-over-year growth 2023-2028 (%)
- Exhibit 67: Data Table on Crude oil - Year-over-year growth 2023-2028 (%)

7.5 Market opportunity by Source
- Exhibit 68: Market opportunity by Source ($ billion)
- Exhibit 69: Data Table on Market opportunity by Source ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 71: Chart on Market share by geography 2023-2028 (%)
- Exhibit 72: Data Table on Market share by geography 2023-2028 (%)

9.2 Geographic comparison
- Exhibit 73: Chart on Geographic comparison
- Exhibit 74: Data Table on Geographic comparison

9.3 APAC - Market size and forecast 2023-2028
- Exhibit 75: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibit 76: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibit 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
- Exhibit 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)

9.4 North America - Market size and forecast 2023-2028
- Exhibit 79: Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 80: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 81: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 82: Data Table on North America - Year-over-year growth 2023-2028 (%)

9.5 Europe - Market size and forecast 2023-2028
- Exhibit 83: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 84: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 85: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 86: Data Table on Europe - Year-over-year growth 2023-2028 (%)

9.6 South America - Market size and forecast 2023-2028
- Exhibit 87: Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 88: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 89: Chart on South America - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on South America - Year-over-year growth 2023-2028 (%)

9.7 Middle East and Africa - Market size and forecast 2023-2028
- Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)

9.8 China - Market size and forecast 2023-2028
- Exhibit 95: Chart on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 96: Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 97: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on China - Year-over-year growth 2023-2028 (%)

9.9 US - Market size and forecast 2023-2028
- Exhibit 99: Chart on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 100: Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 101: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on US - Year-over-year growth 2023-2028 (%)

9.10 India - Market size and forecast 2023-2028
- Exhibit 103: Chart on India - Market size and forecast 2023-2028 ($ billion)
- Exhibit 104: Data Table on India - Market size and forecast 2023-2028 ($ billion)
- Exhibit 105: Chart on India - Year-over-year growth 2023-2028 (%)
- Exhibit 106: Data Table on India - Year-over-year growth 2023-2028 (%)

9.11 Japan - Market size and forecast 2023-2028
- Exhibit 107: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
- Exhibit 108: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
- Exhibit 109: Chart on Japan - Year-over-year growth 2023-2028 (%)
- Exhibit 110: Data Table on Japan - Year-over-year growth 2023-2028 (%)

9.12 Germany - Market size and forecast 2023-2028
- Exhibit 111: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 112: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 113: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibit 114: Data Table on Germany - Year-over-year growth 2023-2028 (%)

9.13 Market opportunity by geography
- Exhibit 115: Market opportunity by geography ($ billion)
- Exhibit 116: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 117: Impact of drivers and challenges in 2023 and 2028

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 118: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 119: Overview on factors of disruption

11.4 Industry risks
- Exhibit 120: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 121: Vendors covered

12.2 Market positioning of vendors
- Exhibit 122: Matrix on vendor position and classification

12.3 Abu Dhabi National Oil Co.
- Exhibit 123: Abu Dhabi National Oil Co. - Overview
- Exhibit 124: Abu Dhabi National Oil Co. - Product / Service
- Exhibit 125: Abu Dhabi National Oil Co. - Key offerings

12.4 Air Liquide SA
- Exhibit 126: Air Liquide SA - Overview
- Exhibit 127: Air Liquide SA - Business segments
- Exhibit 128: Air Liquide SA - Key news
- Exhibit 129: Air Liquide SA - Key offerings
- Exhibit 130: Air Liquide SA - Segment focus

12.5 Bharat Petroleum Corp. Ltd.
- Exhibit 131: Bharat Petroleum Corp. Ltd. - Overview
- Exhibit 132: Bharat Petroleum Corp. Ltd. - Product / Service
- Exhibit 133: Bharat Petroleum Corp. Ltd. - Key offerings

12.6 Chevron Corp.
- Exhibit 134: Chevron Corp. - Overview
- Exhibit 135: Chevron Corp. - Business segments
- Exhibit 136: Chevron Corp. - Key offerings
- Exhibit 137: Chevron Corp. - Segment focus

12.7 Exxon Mobil Corp.
- Exhibit 138: Exxon Mobil Corp. - Overview
- Exhibit 139: Exxon Mobil Corp. - Business segments
- Exhibit 140: Exxon Mobil Corp. - Key news
- Exhibit 141: Exxon Mobil Corp. - Key offerings
- Exhibit 142: Exxon Mobil Corp. - Segment focus

12.8 Kuwait Petroleum Corp.
- Exhibit 143: Kuwait Petroleum Corp. - Overview
- Exhibit 144: Kuwait Petroleum Corp. - Product / Service
- Exhibit 145: Kuwait Petroleum Corp. - Key offerings

12.9 OQ SAOC
- Exhibit 146: OQ SAOC - Overview
- Exhibit 147: OQ SAOC - Product / Service
- Exhibit 148: OQ SAOC - Key offerings

12.10 QatarEnergy
- Exhibit 149: QatarEnergy - Overview
- Exhibit 150: QatarEnergy - Product / Service
- Exhibit 151: QatarEnergy - Key offerings

12.11 Reliance Industries Ltd.
- Exhibit 152: Reliance Industries Ltd. - Overview
- Exhibit 153: Reliance Industries Ltd. - Business segments
- Exhibit 154: Reliance Industries Ltd. - Key news
- Exhibit 155: Reliance Industries Ltd. - Key offerings
- Exhibit 156: Reliance Industries Ltd. - Segment focus

12.12 Saudi Arabian Oil Co.
- Exhibit 157: Saudi Arabian Oil Co. - Overview
- Exhibit 158: Saudi Arabian Oil Co. - Product / Service
- Exhibit 159: Saudi Arabian Oil Co. - Key offerings

12.13 Shell plc
- Exhibit 160: Shell plc - Overview
- Exhibit 161: Shell plc - Business segments
- Exhibit 162: Shell plc - Key news
- Exhibit 163: Shell plc - Key offerings
- Exhibit 164: Shell plc - Segment focus

12.14 SHV Holdings N.V.
- Exhibit 165: SHV Holdings N.V. - Overview
- Exhibit 166: SHV Holdings N.V. - Product / Service
- Exhibit 167: SHV Holdings N.V. - Key offerings

12.15 TotalEnergies SE
- Exhibit 168: TotalEnergies SE - Overview
- Exhibit 169: TotalEnergies SE - Business segments
- Exhibit 170: TotalEnergies SE - Key news
- Exhibit 171: TotalEnergies SE - Key offerings
- Exhibit 172: TotalEnergies SE - Segment focus

12.16 UGI Corp.
- Exhibit 173: UGI Corp. - Overview
- Exhibit 174: UGI Corp. - Business segments
- Exhibit 175: UGI Corp. - Key news
- Exhibit 176: UGI Corp. - Key offerings
- Exhibit 177: UGI Corp. - Segment focus

12.17 Vitol Netherlands Cooperatief UA
- Exhibit 178: Vitol Netherlands Cooperatief UA - Overview
- Exhibit 179: Vitol Netherlands Cooperatief UA - Product / Service
- Exhibit 180: Vitol Netherlands Cooperatief UA - Key offerings

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 181: Inclusions checklist
- Exhibit 182: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 183: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 184: Research methodology
- Exhibit 185: Validation techniques employed for market sizing
- Exhibit 186: Information sources

13.5 List of abbreviations
- Exhibit 187: List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

Purchase Report

PURCHASE FULL REPORT OF

liquefied petroleum gas (lpg) market market

Buy Report - Single User License 2500 USD

QUICK BUY

Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

Why should you prefer Technavio's market insights report?

Off-the-shelf research reports
Reports can be tailored to meet the customer's needs
Trusted by more than 100 fortune 500 organizations
Information about the market's key drivers, trends, and challenges
Parent market analysis
Every week, 50,000 people visit our subscription platform
Detailed vendors report with competitive landscape
Covid-19 impact and recovery analysis
Data on revenue-generating market segments
Details on the market shares of various regions
Five-force market analysis