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PUBLISHER: TechNavio | PRODUCT CODE: 1450097
PUBLISHER: TechNavio | PRODUCT CODE: 1450097
Global Liquefied Petroleum Gas (LPG) Market 2024-2028
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PAGES: 174 Pages
DELIVERY TIME: 1-2 business days
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Technavio has been monitoring the liquefied petroleum gas (LPG) market and is forecast to grow by USD 61.19 billion during 2022-2027, accelerating at a CAGR of 3.81% during the forecast period. Our report on the liquefied petroleum gas (LPG) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by an increase in the supply of natural gas, increasing government support for LPG adoption, and the rising need for cleaner fuel.
| Market Scope | |
|---|---|
| Base Year | 2024 |
| End Year | 2028 |
| Series Year | 2024-2028 |
| Growth Momentum | Accelerate |
| YOY 2024 | 3.46% |
| CAGR | 3.6% |
| Incremental Value | $52.77bn |
Technavio's liquefied petroleum gas (LPG) market is segmented as below:
By Source
- Natural gas liquid
- Crude oil
By End-user
- Residential
- Petrochemical
- Industrial and commercial
- Transport
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the adoption of LPG as marine fuel as one of the prime reasons driving the liquefied petroleum gas (LPG) market growth during the next few years. Also, technological advances and increasing collaboration among various stakeholders of LPG value chain will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the liquefied petroleum gas (LPG) market covers the following areas:
- Liquefied petroleum gas (LPG) market sizing
- Liquefied petroleum gas (LPG) market forecast
- Liquefied petroleum gas (LPG) market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading liquefied petroleum gas (LPG) market vendors that include Abu Dhabi National Oil Co., Air Liquide SA, Bharat Petroleum Corp. Ltd., BP Plc, Chevron Corp., Exxon Mobil Corp., Hindustan Petroleum Corp. Ltd., Idemitsu Kosan Co. Ltd., Indian Oil Corp. Ltd., Kuwait Petroleum Corp., OQ SAOC, Reliance Industries Ltd., Repsol SA, Saudi Arabian Oil Co., Shell plc, SHV Holdings, Sinopec Shanghai Petrochemical Co. Ltd., TotalEnergies SE, UGI Corp., and Valero Energy Corp. Also, the liquefied petroleum gas (LPG) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Product Code: IRTNTR72725
Table of Contents
1 Executive Summary
- 1.1 Market overview
2 Market Landscape
- 2.1 Market ecosystem
3 Market Sizing
- 3.1 Market definition
- 3.2 Market segment analysis
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
4 Historic Market Size
- 4.1 Global liquefied petroleum gas (LPG) market 2018 - 2022
- 4.2 End-user Segment Analysis 2018 - 2022
- 4.3 Source Segment Analysis 2018 - 2022
- 4.4 Geography Segment Analysis 2018 - 2022
- 4.5 Country Segment Analysis 2018 - 2022
5 Five Forces Analysis
- 5.1 Five forces summary
- 5.2 Bargaining power of buyers
- 5.3 Bargaining power of suppliers
- 5.4 Threat of new entrants
- 5.5 Threat of substitutes
- 5.6 Threat of rivalry
- 5.7 Market condition
6 Market Segmentation by End-user
- 6.1 Market segments
- 6.2 Comparison by End-user
- 6.3 Residential - Market size and forecast 2023-2028
- 6.4 Petrochemical - Market size and forecast 2023-2028
- 6.5 Industrial and commercial - Market size and forecast 2023-2028
- 6.6 Transport - Market size and forecast 2023-2028
- 6.7 Others - Market size and forecast 2023-2028
- 6.8 Market opportunity by End-user
7 Market Segmentation by Source
- 7.1 Market segments
- 7.2 Comparison by Source
- 7.3 Natural gas liquid - Market size and forecast 2023-2028
- 7.4 Crude oil - Market size and forecast 2023-2028
- 7.5 Market opportunity by Source
8 Customer Landscape
- 8.1 Customer landscape overview
9 Geographic Landscape
- 9.1 Geographic segmentation
- 9.2 Geographic comparison
- 9.3 APAC - Market size and forecast 2023-2028
- 9.4 North America - Market size and forecast 2023-2028
- 9.5 Europe - Market size and forecast 2023-2028
- 9.6 South America - Market size and forecast 2023-2028
- 9.7 Middle East and Africa - Market size and forecast 2023-2028
- 9.8 China - Market size and forecast 2023-2028
- 9.9 US - Market size and forecast 2023-2028
- 9.10 India - Market size and forecast 2023-2028
- 9.11 Japan - Market size and forecast 2023-2028
- 9.12 Germany - Market size and forecast 2023-2028
- 9.13 Market opportunity By Geographical Landscape
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- 11.3 Landscape disruption
- 11.4 Industry risks
12 Vendor Analysis
- 12.1 Vendors covered
- 12.2 Market positioning of vendors
- 12.3 Abu Dhabi National Oil Co.
- 12.4 Air Liquide SA
- 12.5 Bharat Petroleum Corp. Ltd.
- 12.6 Chevron Corp.
- 12.7 Exxon Mobil Corp.
- 12.8 Kuwait Petroleum Corp.
- 12.9 OQ SAOC
- 12.10 QatarEnergy
- 12.11 Reliance Industries Ltd.
- 12.12 Saudi Arabian Oil Co.
- 12.13 Shell plc
- 12.14 SHV Holdings N.V.
- 12.15 TotalEnergies SE
- 12.16 UGI Corp.
- 12.17 Vitol Netherlands Cooperatief UA
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- 13.3 Currency conversion rates for US$
- 13.4 Research methodology
- 13.5 List of abbreviations
Product Code: IRTNTR72725
Exhibits:
- Exhibits1: Executive Summary - Chart on Market Overview
- Exhibits2: Executive Summary - Data Table on Market Overview
- Exhibits3: Executive Summary - Chart on Global Market Characteristics
- Exhibits4: Executive Summary - Chart on Market By Geographical Landscape
- Exhibits5: Executive Summary - Chart on Market Segmentation by End-user
- Exhibits6: Executive Summary - Chart on Market Segmentation by Source
- Exhibits7: Executive Summary - Chart on Incremental Growth
- Exhibits8: Executive Summary - Data Table on Incremental Growth
- Exhibits9: Executive Summary - Chart on Vendor Market Positioning
- Exhibits10: Parent market
- Exhibits11: Market Characteristics
- Exhibits12: Offerings of vendors included in the market definition
- Exhibits13: Market segments
- Exhibits14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibits15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibits16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibits17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibits18: Historic Market Size - Data Table on global liquefied petroleum gas (lpg) market 2018 - 2022 ($ billion)
- Exhibits19: Historic Market Size - End-user Segment 2018 - 2022 ($ billion)
- Exhibits20: Historic Market Size - Source Segment 2018 - 2022 ($ billion)
- Exhibits21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
- Exhibits22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
- Exhibits23: Five forces analysis - Comparison between 2023 and 2028
- Exhibits24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
- Exhibits25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- Exhibits26: Threat of new entrants - Impact of key factors in 2023 and 2028
- Exhibits27: Threat of substitutes - Impact of key factors in 2023 and 2028
- Exhibits28: Threat of rivalry - Impact of key factors in 2023 and 2028
- Exhibits29: Chart on Market condition - Five forces 2023 and 2028
- Exhibits30: Chart on End-user - Market share 2023-2028 (%)
- Exhibits31: Data Table on End-user - Market share 2023-2028 (%)
- Exhibits32: Chart on Comparison by End-user
- Exhibits33: Data Table on Comparison by End-user
- Exhibits34: Chart on Residential - Market size and forecast 2023-2028 ($ billion)
- Exhibits35: Data Table on Residential - Market size and forecast 2023-2028 ($ billion)
- Exhibits36: Chart on Residential - Year-over-year growth 2023-2028 (%)
- Exhibits37: Data Table on Residential - Year-over-year growth 2023-2028 (%)
- Exhibits38: Chart on Petrochemical - Market size and forecast 2023-2028 ($ billion)
- Exhibits39: Data Table on Petrochemical - Market size and forecast 2023-2028 ($ billion)
- Exhibits40: Chart on Petrochemical - Year-over-year growth 2023-2028 (%)
- Exhibits41: Data Table on Petrochemical - Year-over-year growth 2023-2028 (%)
- Exhibits42: Chart on Industrial and commercial - Market size and forecast 2023-2028 ($ billion)
- Exhibits43: Data Table on Industrial and commercial - Market size and forecast 2023-2028 ($ billion)
- Exhibits44: Chart on Industrial and commercial - Year-over-year growth 2023-2028 (%)
- Exhibits45: Data Table on Industrial and commercial - Year-over-year growth 2023-2028 (%)
- Exhibits46: Chart on Transport - Market size and forecast 2023-2028 ($ billion)
- Exhibits47: Data Table on Transport - Market size and forecast 2023-2028 ($ billion)
- Exhibits48: Chart on Transport - Year-over-year growth 2023-2028 (%)
- Exhibits49: Data Table on Transport - Year-over-year growth 2023-2028 (%)
- Exhibits50: Chart on Others - Market size and forecast 2023-2028 ($ billion)
- Exhibits51: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
- Exhibits52: Chart on Others - Year-over-year growth 2023-2028 (%)
- Exhibits53: Data Table on Others - Year-over-year growth 2023-2028 (%)
- Exhibits54: Market opportunity by End-user ($ billion)
- Exhibits55: Data Table on Market opportunity by End-user ($ billion)
- Exhibits56: Chart on Source - Market share 2023-2028 (%)
- Exhibits57: Data Table on Source - Market share 2023-2028 (%)
- Exhibits58: Chart on Comparison by Source
- Exhibits59: Data Table on Comparison by Source
- Exhibits60: Chart on Natural gas liquid - Market size and forecast 2023-2028 ($ billion)
- Exhibits61: Data Table on Natural gas liquid - Market size and forecast 2023-2028 ($ billion)
- Exhibits62: Chart on Natural gas liquid - Year-over-year growth 2023-2028 (%)
- Exhibits63: Data Table on Natural gas liquid - Year-over-year growth 2023-2028 (%)
- Exhibits64: Chart on Crude oil - Market size and forecast 2023-2028 ($ billion)
- Exhibits65: Data Table on Crude oil - Market size and forecast 2023-2028 ($ billion)
- Exhibits66: Chart on Crude oil - Year-over-year growth 2023-2028 (%)
- Exhibits67: Data Table on Crude oil - Year-over-year growth 2023-2028 (%)
- Exhibits68: Market opportunity by Source ($ billion)
- Exhibits69: Data Table on Market opportunity by Source ($ billion)
- Exhibits70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Exhibits71: Chart on Market share By Geographical Landscape 2023-2028 (%)
- Exhibits72: Data Table on Market share By Geographical Landscape 2023-2028 (%)
- Exhibits73: Chart on Geographic comparison
- Exhibits74: Data Table on Geographic comparison
- Exhibits75: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibits76: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibits77: Chart on APAC - Year-over-year growth 2023-2028 (%)
- Exhibits78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
- Exhibits79: Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibits80: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibits81: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibits82: Data Table on North America - Year-over-year growth 2023-2028 (%)
- Exhibits83: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibits84: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibits85: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibits86: Data Table on Europe - Year-over-year growth 2023-2028 (%)
- Exhibits87: Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibits88: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibits89: Chart on South America - Year-over-year growth 2023-2028 (%)
- Exhibits90: Data Table on South America - Year-over-year growth 2023-2028 (%)
- Exhibits91: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibits92: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibits93: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibits94: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibits95: Chart on China - Market size and forecast 2023-2028 ($ billion)
- Exhibits96: Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Exhibits97: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibits98: Data Table on China - Year-over-year growth 2023-2028 (%)
- Exhibits99: Chart on US - Market size and forecast 2023-2028 ($ billion)
- Exhibits100: Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Exhibits101: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibits102: Data Table on US - Year-over-year growth 2023-2028 (%)
- Exhibits103: Chart on India - Market size and forecast 2023-2028 ($ billion)
- Exhibits104: Data Table on India - Market size and forecast 2023-2028 ($ billion)
- Exhibits105: Chart on India - Year-over-year growth 2023-2028 (%)
- Exhibits106: Data Table on India - Year-over-year growth 2023-2028 (%)
- Exhibits107: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
- Exhibits108: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
- Exhibits109: Chart on Japan - Year-over-year growth 2023-2028 (%)
- Exhibits110: Data Table on Japan - Year-over-year growth 2023-2028 (%)
- Exhibits111: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibits112: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibits113: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibits114: Data Table on Germany - Year-over-year growth 2023-2028 (%)
- Exhibits115: Market opportunity By Geographical Landscape ($ billion)
- Exhibits116: Data Tables on Market opportunity By Geographical Landscape ($ billion)
- Exhibits117: Impact of drivers and challenges in 2023 and 2028
- Exhibits118: Overview on Criticality of inputs and Factors of differentiation
- Exhibits119: Overview on factors of disruption
- Exhibits120: Impact of key risks on business
- Exhibits121: Vendors covered
- Exhibits122: Matrix on vendor position and classification
- Exhibits123: Abu Dhabi National Oil Co. - Overview
- Exhibits124: Abu Dhabi National Oil Co. - Product / Service
- Exhibits125: Abu Dhabi National Oil Co. - Key offerings
- Exhibits126: Air Liquide SA - Overview
- Exhibits127: Air Liquide SA - Business segments
- Exhibits128: Air Liquide SA - Key news
- Exhibits129: Air Liquide SA - Key offerings
- Exhibits130: Air Liquide SA - Segment focus
- Exhibits131: Bharat Petroleum Corp. Ltd. - Overview
- Exhibits132: Bharat Petroleum Corp. Ltd. - Product / Service
- Exhibits133: Bharat Petroleum Corp. Ltd. - Key offerings
- Exhibits134: Chevron Corp. - Overview
- Exhibits135: Chevron Corp. - Business segments
- Exhibits136: Chevron Corp. - Key offerings
- Exhibits137: Chevron Corp. - Segment focus
- Exhibits138: Exxon Mobil Corp. - Overview
- Exhibits139: Exxon Mobil Corp. - Business segments
- Exhibits140: Exxon Mobil Corp. - Key news
- Exhibits141: Exxon Mobil Corp. - Key offerings
- Exhibits142: Exxon Mobil Corp. - Segment focus
- Exhibits143: Kuwait Petroleum Corp. - Overview
- Exhibits144: Kuwait Petroleum Corp. - Product / Service
- Exhibits145: Kuwait Petroleum Corp. - Key offerings
- Exhibits146: OQ SAOC - Overview
- Exhibits147: OQ SAOC - Product / Service
- Exhibits148: OQ SAOC - Key offerings
- Exhibits149: QatarEnergy - Overview
- Exhibits150: QatarEnergy - Product / Service
- Exhibits151: QatarEnergy - Key offerings
- Exhibits152: Reliance Industries Ltd. - Overview
- Exhibits153: Reliance Industries Ltd. - Business segments
- Exhibits154: Reliance Industries Ltd. - Key news
- Exhibits155: Reliance Industries Ltd. - Key offerings
- Exhibits156: Reliance Industries Ltd. - Segment focus
- Exhibits157: Saudi Arabian Oil Co. - Overview
- Exhibits158: Saudi Arabian Oil Co. - Product / Service
- Exhibits159: Saudi Arabian Oil Co. - Key offerings
- Exhibits160: Shell plc - Overview
- Exhibits161: Shell plc - Business segments
- Exhibits162: Shell plc - Key news
- Exhibits163: Shell plc - Key offerings
- Exhibits164: Shell plc - Segment focus
- Exhibits165: SHV Holdings N.V. - Overview
- Exhibits166: SHV Holdings N.V. - Product / Service
- Exhibits167: SHV Holdings N.V. - Key offerings
- Exhibits168: TotalEnergies SE - Overview
- Exhibits169: TotalEnergies SE - Business segments
- Exhibits170: TotalEnergies SE - Key news
- Exhibits171: TotalEnergies SE - Key offerings
- Exhibits172: TotalEnergies SE - Segment focus
- Exhibits173: UGI Corp. - Overview
- Exhibits174: UGI Corp. - Business segments
- Exhibits175: UGI Corp. - Key news
- Exhibits176: UGI Corp. - Key offerings
- Exhibits177: UGI Corp. - Segment focus
- Exhibits178: Vitol Netherlands Cooperatief UA - Overview
- Exhibits179: Vitol Netherlands Cooperatief UA - Product / Service
- Exhibits180: Vitol Netherlands Cooperatief UA - Key offerings
- Exhibits181: Inclusions checklist
- Exhibits182: Exclusions checklist
- Exhibits183: Currency conversion rates for US$
- Exhibits184: Research methodology
- Exhibits185: Validation techniques employed for market sizing
- Exhibits186: Information sources
- Exhibits187: List of abbreviations
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