Global Liquefied Petroleum Gas (LPG) Market

- Size, Trend, Share, Opportunity Analysis, and Forecast, 2014-2025

  • Date Materials and Chemicals
  • Date March 2017
  • price $3619
 
 

Liquefied Petroleum Gas (LPG) Market Overview

Global LPG Market is expected to grow at a CAGR of 4.0% from 2017 to 2025. Liquefied petroleum gas (LPG) is a colorless and odorless gas, flammable in nature, obtained by refining of petroleum or wet natural gas. LPG primarily consists of hydrocarbons, such as propane or butane or a mixture of both. Ethanethiol, which is a powerful odorant, is usually added during the synthesis of LPG for its easy detection in the case of any leakage, as it can lead to suffocation and explosion due to its flammable nature. LPG finds use as a fuel in transportation and heating & cooling appliances in domestic as well as industrial sector, and several other industries. Currently, LPG accounts for around 3% of the total energy consumed globally and is gradually replacing chlorofluorocarbons (CFCs) as a refrigerant. LPG also reduces the chances of water or soil pollution; however, it causes air pollution to some extent. 

Based on the source, the market is divided into refineries, associated gas, and non-associated gas. According to application, it is categorized into residential/commercial, chemical, industrial, refinery, auto fuel (transportation), and others. Geographic breakdown and deep analysis of each of the aforesaid segments have resulted in the following regions: North America, Europe, Asia-Pacific, and LAMEA.

Market Dynamics:

Drivers:

  • Government initiatives supporting the consumption of LPG as a cooking and transportation fuel
  • Growing adoption of LPG as an auto fuel, especially in the Asia-Pacific region
  • Consideration of LPG as a clean fuel as compared to others due to reduced carbon emissions and low cost

Restraints:

  • Volatility of crude oil prices result in unpredictability of LPG prices thereby hampering market growth

Market Players:

The top players in the global liquefied petroleum gas market include BP plc. (UK), ExxonMobil Corporation (U.S.), Aygaz AS (Turkey), Sinopec Limited (China), Royal Dutch Shell plc (Netherlands), PetroChina Company Limited (China), Indian Oil Corporation Ltd. (India), Oman Oil Company S.A.O.C. (Oman), Phillips 66 (U.S.), and Qatar Petroleum (Qatar).

KEY TAKEAWAYS
Global Liquefied Petroleum Gas (LPG) Market

MARKET LANDSCAPE

By Source

  • Refineries
  • Associated gases
  • Non-associated gases

By Application

  • Residential/Commercial
  • Chemical
  • Industrial
  • Refinery
  • Auto fuel
  • Others

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA
1. Executive summary
1.1. Key Findings
1.2. Market Attractiveness and Trend analysis
1.3. Competitive Landscape and recent industry development analysis
2. Introduction
2.1. Report Description
2.2. Scope and Definitions
2.3. Research Methodology
3. Market landscape
3.1. Growth Drivers
3.1.1. Impact Analysis
3.2. Restrains and Challenges
3.2.1. Impact Analysis
3.3. Porter’s Analysis
3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of substitutes
3.3.4. Industry rivalry
3.3.5. Threat of new entrants
3.4. Global LPG Market Shares Analysis, 2014-2025
3.4.1. Global LPG market share by source, 2014-2025
3.4.2. Global LPG market share by application, 2014-2025
3.4.3. Global LPG market share by geography, 2014-2025
4. Market by Source
4.1. Refineries
4.1.1. Historical Market Size by Region, 2014-2016
4.1.2. Market Forecast by Region, 2017-2025
4.2. Associated gases
4.2.1. Historical Market Size by Region, 2014-2016
4.2.2. Market Forecast by Region, 2017-2025
4.3. Non-associated gases
4.3.1. Historical Market Size by Region, 2014-2016
4.3.2. Market Forecast by Region, 2017-2025
5. Market by Application
5.1. Residential/Commercial
5.1.1. Historical Market Size by Region, 2014-2016
5.1.2. Market Forecast by Region, 2017-2025
5.2. Chemical
5.2.1. Historical Market Size by Region, 2014-2016
5.2.2. Market Forecast by Region, 2017-2025
5.3. Industrial
5.3.1. Historical Market Size by Region, 2014-2016
5.3.2. Market Forecast by Region, 2017-2025
5.4. Refinery
5.4.1. Historical Market Size by Region, 2014-2016
5.4.2. Market Forecast by Region, 2017-2025
5.5. Auto fuel
5.5.1. Historical Market Size by Region, 2014-2016
5.5.2. Market Forecast by Region, 2017-2025
5.6. Others
5.6.1. Historical Market Size by Region, 2014-2016
5.6.2. Market Forecast by Region, 2017-2025
6. Market by Geography
6.1. North America
6.1.1. U.S.
6.1.1.1. Historical Market Size, 2014-2016
6.1.1.2. Market Forecast, 2017-2025
6.1.2. Canada
6.1.2.1. Historical Market Size, 2014-2016
6.1.2.2. Market Forecast, 2017-2025
6.1.3. Mexico
6.1.3.1. Historical Market Size, 2014-2016
6.1.3.2. Market Forecast, 2017-2025
6.2. Europe
6.2.1. UK
6.2.1.1. Historical Market Size, 2014-2016
6.2.1.2. Market Forecast, 2017-2025
6.2.2. Germany
6.2.2.1. Historical Market Size, 2014-2016
6.2.2.2. Market Forecast, 2017-2025
6.2.3. France
6.2.3.1. Historical Market Size, 2014-2016
6.2.3.2. Market Forecast, 2017-2025
6.2.4. Spain
6.2.4.1. Historical Market Size, 2014-2016
6.2.4.2. Market Forecast, 2017-2025
6.2.5. Italy
6.2.5.1. Historical Market Size, 2014-2016
6.2.5.2. Market Forecast, 2017-2025
6.2.6. Rest of Europe
6.2.6.1. Historical Market Size, 2014-2016
6.2.6.2. Market Forecast, 2017-2025
6.3. Asia-Pacific
6.3.1. China
6.3.1.1. Historical Market Size, 2014-2016
6.3.1.2. Market Forecast, 2017-2025
6.3.2. Japan
6.3.2.1. Historical Market Size, 2014-2016
6.3.2.2. Market Forecast, 2017-2025
6.3.3. India
6.3.3.1. Historical Market Size, 2014-2016
6.3.3.2. Market Forecast, 2017-2025
6.3.4. Australia
6.3.4.1. Historical Market Size, 2014-2016
6.3.4.2. Market Forecast, 2017-2025
6.3.5. South Korea
6.3.5.1. Historical Market Size, 2014-2016
6.3.5.2. Market Forecast, 2017-2025
6.3.6. Rest of Asia-Pacific
6.3.6.1. Historical Market Size, 2014-2016
6.3.6.2. Market Forecast, 2017-2025
6.4. LAMEA
6.4.1. Brazil
6.4.1.1. Historical Market Size, 2014-2016
6.4.1.2. Market Forecast, 2017-2025
6.4.2. South Arabia
6.4.2.1. Historical Market Size, 2014-2016
6.4.2.2. Market Forecast, 2017-2025
6.4.3. South Africa
6.4.3.1. Historical Market Size, 2014-2016
6.4.3.2. Market Forecast, 2017-2025
6.4.4. Rest of LAMEA
6.4.4.1. Historical Market Size, 2014-2016
6.4.4.2. Market Forecast, 2017-2025
7. Company profiles
7.1. Aygaz AS
7.1.1. Overview
7.1.2. Financials and business segments
7.1.3. Recent developments
7.2. BP plc.
7.2.1. Overview
7.2.2. Financials and business segments
7.2.3. Recent developments
7.3. ExxonMobil Corporation
7.3.1. Overview
7.3.2. Financials and business segments
7.3.3. Recent developments
7.4. Indian Oil Corporation Ltd.
7.4.1. Overview
7.4.2. Financials and business segments
7.4.3. Recent developments
7.5. Oman Oil Company S.A.O.C.
7.5.1. Overview
7.5.2. Financials and business segments
7.5.3. Recent developments
7.6. PetroChina Company Limited
7.6.1. Overview
7.6.2. Financials and business segments
7.6.3. Recent developments
7.7. Phillips 66
7.7.1. Overview
7.7.2. Financials and business segments
7.7.3. Recent developments
7.8. Qatar Petroleum
7.8.1. Overview
7.8.2. Financials and business segments
7.8.3. Recent developments
7.9. Royal Dutch Shell
7.9.1. Overview
7.9.2. Financials and business segments
7.9.3. Recent developments
7.10. Sinopec Limited
7.10.1. Overview
7.10.2. Financials and business segments
7.10.3. Recent developments
 
List of Tables
Table 1. LPG Market Share, by Source, 2014-2025, $million
Table 2. LPG Market Share, by Application, 2014-2025, $million
Table 3. LPG Market Share, by Region, 2014-2025, $million
Table 4. LPG Market Value for Refineries, by Region, 2017-2025, $million
Table 5. LPG Market Value for Associated gases, by Region, 2017-2025, $million
Table 6. LPG Market Value for Non-associated gases, by Region, 2017-2025, $million
Table 7. LPG Market Value for Residential/Commercial, by Region, 2017-2025, $million
Table 8. LPG Market Value for Chemical, by Region, 2017-2025, $million
Table 9. LPG Market Value for Industrial, by Region, 2017-2025, $million
Table 10. LPG Market Value for Refinery, by Region, 2017-2025, $million
Table 11. LPG Market Value for Auto fuel, by Region, 2017-2025, $million
Table 12. LPG Market Value for Other Applications, by Region, 2017-2025, $million
Table 13. LPG Market Value for North America, by Country, 2014-2025, $million
Table 14. LPG Market Value for North America, by Source, 2014-2025, $million
Table 15. LPG Market Value for North America, by Application, 2014-2025, $million
Table 16. LPG Market Value for Europe, by Country, 2014-2025, $million
Table 17. LPG Market Value for Europe, by Source, 2014-2025, $million
Table 18. LPG Market Value for Europe, by Application, 2014-2025, $million
Table 19. LPG Market Value for Asia-Pacific, by Country, 2014-2025, $million
Table 20. LPG Market Value for Asia-Pacific, by Source, 2014-2025, $million
Table 21. LPG Market Value for Asia-Pacific, by Application, 2014-2025, $million
Table 22. LPG Market Value for LAMEA, by Country, 2014-2025, $million
Table 23. LPG Market Value for LAMEA, by Source, 2014-2025, $million
Table 24. LPG Market Value for LAMEA, by Application, 2014-2025, $million
Table 25. LPGAygaz AS - Company Snapshot
Table 26. LPGBP plc. - Company Snapshot
Table 27. LPGExxonMobil Corporation - Company Snapshot
Table 28. LPGIndian Oil Corporation Ltd. - Company Snapshot
Table 29. LPGOman Oil Company S.A.O.C. - Company Snapshot
Table 30. LPGPetroChina Company Limited - Company Snapshot
Table 31. LPGPhillips 66 - Company Snapshot
Table 32. LPGQatar Petroleum - Company Snapshot
Table 33. LPGRoyal Dutch Shell - Company Snapshot
Table 34. LPGSinopec Limited - Company Snapshot

List of Figures
Figure 1. LPG: Refineries Market Value, 2014-2016, $million
Figure 2. LPG: Associated gases Market Value, 2014-2016, $million
Figure 3. LPG: Non-associated gases Market Value, 2014-2016, $million
Figure 4. LPG: Residential/Commercial Market Value, 2014-2016, $million
Figure 5. LPG: Chemical Market Value, 2014-2016, $million
Figure 6. LPG: Industrial Market Value, 2014-2016, $million
Figure 7. LPG: Refinery Market Value, 2014-2016, $million
Figure 8. LPG: Auto fuel Market Value, 2014-2016, $million
Figure 9LPG: Other Applications Market Value, 2014-2016, $million
Figure 10. LPG: U.S. Market Value, 2014-2016, $million
Figure 11. LPG: U.S. Market Value, 2017-2025, $million
Figure 12. LPG: Canada Market Value, 2014-2016, $million
Figure 13. LPG: Canada Market Value, 2017-2025, $million
Figure 14. LPG: Mexico Market Value, 2014-2016, $million
Figure 15. LPG: Mexico Market Value, 2017-2025, $million
Figure 16. LPG: UK Market Value, 2014-2016, $million
Figure 17. LPG: UK Market Value, 2017-2025, $million
Figure 18. LPG: Germany Market Value, 2014-2016, $million
Figure 19. LPG: Germany Market Value, 2017-2025, $million
Figure 20. LPG: France Market Value, 2014-2016, $million
Figure 21. LPG: France Market Value, 2017-2025, $million
Figure 22. LPG: Spain Market Value, 2014-2016, $million
Figure 23. LPG: Spain Market Value, 2017-2025, $million
Figure 24. LPG: Italy Market Value, 2014-2016, $million
Figure 25. LPG: Italy Market Value, 2017-2025, $million
Figure 26. LPG: Rest of Europe Market Value, 2014-2016, $million
Figure 27. LPG: Rest of Europe Market Value, 2017-2025, $million
Figure 28. LPG: China Market Value, 2014-2016, $million
Figure 29. LPG: China Market Value, 2017-2025, $million
Figure 30. LPG: Japan Market Value, 2014-2016, $million
Figure 31. LPG: Japan Market Value, 2017-2025, $million
Figure 32. LPG: India Market Value, 2014-2016, $million
Figure 33. LPG: India Market Value, 2017-2025, $million
Figure 34. LPG: Australia Market Value, 2014-2016, $million
Figure 35. LPG: Australia Market Value, 2017-2025, $million
Figure 36. LPG: South Korea Market Value, 2014-2016, $million
Figure 37. LPG: South Korea Market Value, 2017-2025, $million
Figure 38. LPG: Rest of Asia-Pacific Market Value, 2014-2016, $million
Figure 39. LPG: Rest of Asia-Pacific Market Value, 2017-2025, $million
Figure 40. LPG: Brazil Market Value, 2014-2016, $million
Figure 41. LPG: Brazil Market Value, 2017-2025, $million
Figure 42. LPG: Saudi Arabia Market Value, 2014-2016, $million
Figure 43. LPG: Saudi Arabia Market Value, 2017-2025, $million
Figure 44. LPG: South Africa Market Value, 2014-2016, $million
Figure 45. LPG: South Africa Market Value, 2017-2025, $million
Figure 46. LPG: Rest of LAMEA Market Value, 2014-2016, $million
Figure 47. LPG: Rest of LAMEA Market Value, 2017-2025, $million
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