Press release
Liquefied Petroleum Gas Market Developments Leading to USD 144.70 Billion With 4.2 % CAGR By 2030 Driven My Major Key Players
Liquefied Petroleum Gas Market
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐จ๐ฉ๐:
This comprehensive study provides an accurate overview of the worldwide liquefied petroleum gas industry. It includes comprehensive analyses of sales volume, price, revenue, market share, and important companies. The market is further divided into segments by source, end-use, supply mode, and region, offering a comprehensive picture of the market's state.
๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/global-liquefied-petroleum-gas-lpg-market/request-for-sample
๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:
The fuel gas known as liquefied petroleum gas (LP gas), often called liquid petroleum gas (LPG or LP gas), is composed of an explosive blend of hydrocarbon gases, namely propane, n-butane, and isobutane. It occasionally contains traces of isobutene, propylene, and butylene. Vehicles, cooking appliances, and heating appliances all use LPG as a fuel gas. It is gradually taking the place of chlorofluorocarbons as a refrigerant and aerosol propellant in an attempt to lessen ozone layer deterioration. It is sometimes called auto gas or just gas when used solely as fuel for vehicles.
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ซ๐๐ง๐๐ฌ:
โข As the world's population grows, so will global energy demand. The global growth of infrastructure will have a favorable impact on the market.
โข Increasing demand for LPG as car exhaust will drive growth in the liquefied petroleum gas (LPG) market over the forecast period.
๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ: https://www.polarismarketresearch.com/buy/1487/2
๐๐จ๐ฉ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ:
Because there are so many companies in the industry, it is expected to be both competitive and fragmented. Here are the top companies in the liquefied petroleum gas market:
โข Bharat Petroleum Corporation Limited
โข Flaga Gmbh
โข Repsol
โข Chevron Corporation
โข Petroliam Nasional Berhad (PETRONAS)
โข Phillips 66 Company
โข JGC HOLDINGS CORPORATION
โข China Gas Holdings Ltd.
โข Shell group of companies
โข Reliance Industries Limited
โข Saudi Aramco
โข Qatargas Operating Company Limited
๐๐ข๐ช๐ฎ๐๐๐ข๐๐ ๐๐๐ญ๐ซ๐จ๐ฅ๐๐ฎ๐ฆ ๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ :
โข The non-associated gas segment gained the largest share of the LPG market as global demand for LPG from various household and industrial applications is anticipated to amplify market growth from 2022 to 2030.
โข The Asia Pacific region is the largest market for LPG as it is widely accepted as the primary fuel for cooking and other commercial utilities. China is expected to have the largest share of the Asia Pacific market because of the world's largest population, government subsidies on LPG cylinders, coupled with easy affordability.
โข The residential sector dominated the global market in terms of share in 2020 due to LPG delivering benefits such as environment-friendly, economical, and energy efficiency, which will further drive the market growth in the coming years.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐ก๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐: https://www.polarismarketresearch.com/industry-analysis/global-liquefied-petroleum-gas-lpg-market
๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐๐ข๐ฌ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
According to regional research, the Asia Pacific region will account for the greatest revenue share, owing to the broad usage of LPG as the principal fuel for home cooking and hot water provision. Latin America is also experiencing tremendous growth in the liquefied petroleum gas market due to greater investment in alternative energy. The quick increase in worldwide energy demand, as well as the construction of new facilities to meet the abrupt population boom and rapid urbanization, are likely to promote global market growth.
โข North America (U.S., Canada)
โข Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
โข Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea)
โข Latin America (Brazil, Mexico, Argentina)
โข Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
โข ๐๐ฒ ๐๐จ๐ฎ๐ซ๐๐
o Associated Gas
o Non-associated Gas
o Refinery
โข ๐๐ฒ ๐๐ง๐ ๐๐ฌ๐
o Agriculture
o Residential/Commercial
o Industrial
o Transportation
o Petrochemical & Refinery
o Others
โข ๐๐ฒ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐ฒ ๐๐จ๐๐
o Packaged
o Bulk
o On-site
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
๐๐๐ซ๐๐จ๐ง ๐๐๐ฉ๐ญ๐ฎ๐ซ๐ ๐๐ง๐ ๐๐ญ๐จ๐ซ๐๐ ๐ ๐๐๐ซ๐ค๐๐ญ : https://www.polarismarketresearch.com/industry-analysis/carbon-capture-and-storage-market
๐๐ข๐ง๐ ๐๐ฎ๐ซ๐๐ข๐ง๐ ๐๐๐ฌ๐ญ๐ข๐ง๐ ๐ฆ๐๐ซ๐ค๐๐ญ : https://www.polarismarketresearch.com/industry-analysis/wind-turbine-casting-market
๐๐ฎ๐ญ๐๐จ๐จ๐ซ ๐๐จ๐ฐ๐๐ซ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ : https://www.polarismarketresearch.com/industry-analysis/outdoor-power-equipment-market
๐๐ฒ๐๐ซ๐จ๐ ๐๐ง ๐๐๐ง๐๐ซ๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ : https://www.polarismarketresearch.com/industry-analysis/outdoor-power-equipment-market
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ :
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก :
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
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