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Global Liquefied Petroleum Gas Market: Estimates and Forecasts by 2020
Syndicate Market Research published new report on ‘Global Liquefied Petroleum Gas Market‘ in it’s database
Liquefied petroleum gas (LPG) is a combustible mix of hydrocarbon gasses. LPG is directed as fuel in heating appliances, vehicles, aerosol propellant, refrigerant and cooking equipment, etc. LPG is also referred as propane or butane. LPG offers several benefits such as low cost, low carbon emission, and other operational benefits. LPG can be employed as a feedstock in petrochemical and refinery complexes and usually used as the substitute to naphtha.
Global Liquefied Petroleum Gas Market: Growth Factors
LPG demand is primarily driven by government initiatives to increase consumption of LPG as cooking fuel and auto fuel. Growing adoption of auto gas especially in Asia Pacific region is estimated to augment demand for LPG demand over the forecast period. However, the volatility of crude oil prices is the major factor that will hamper market growth. Furthermore, Panama Canal expansion and shale gas production in the Asia-Pacific and Latin American regions will open new doors for LPG market.
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Global Liquefied Petroleum Gas Market: Segmentation
The LPG market has been segmented based on the source such as refinery, associated gas, and non-associated gas. It is also segmented on the basis of end-user such as residential/commercial, petrochemical and refinery, industrial, transportation and others. The study provides forecast and estimates for each source segment and end-user in terms of revenue and volume during the forecast period.
Value chain analysis and Porter’s Five Forces Model have been provided for a comprehensive view of the market. The study encompasses a market attractiveness analysis, wherein application segments are benchmarked based on their market size, growth rate, and general attractiveness.
Global Liquefied Petroleum Gas Market: Regional Analysis
The regional segmentation includes the current and forecast demand for North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa with its further bifurcation into major countries including U.S., Canada, Germany, France, UK, China, Japan, India, and Brazil. This segmentation includes demand for LPG based on individual applications in all the regions and countries.
Global Liquefied Petroleum Gas Market: Competitive Players
The global market for LPG is fragmented within some key companies including Ayaz, Bayegan, China Gas, Dolphin Energy, ETG companies, Huntsman Petrochemical, Indian Oil Corporation Ltd., Oman Oil Company, Petredec Ltd., Phillips 66, Qatargas, Qatar fuel, Qatar Petroleum, Shell, Tasweeq, and Vitol.
Browse the full report @http://www.syndicatemarketresearch.com/market-analysis/liquefied-petroleum-gas-lpg-market.html
The global LPG market is segmented as follows:
LPG Market: Source Segment Analysis
Refinery
Associated Gas
Non-Associated Gas
LPG Market: End User Segment Analysis
Residential/Commercial
Petrochemical and Refinery
Industrial
Transportation
Others
LPG Market: Regional Segment Analysis
North AmericaU.S.
EuropeUK
France
Germany
Asia-PacificChina
Japan
India
Latin AmericaBrazil
The Middle East & Africa
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