Press release
Liquefied Petroleum Gas (LPG) Market Outlook, Gas Price Chart, Marketers Association, Industry Technical, Cylinder Price, Global Research Report 2025
Liquefied petroleum gas
The global LPG market is expected to grow at a CAGR of 4.0% from 2017 to 2025.
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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 (lpg market outlook) and deep analysis of each of the aforesaid segments have resulted in the following regions: North America, Europe, Asia-Pacific, and LAMEA.
Market Landscape by Source
• Refineries (liquefied petroleum gas price chart)
• Associated gases
• Non-associated gases
Market Dynamics:
Drivers: (lpg market outlook 2017)
• 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: (lpg shipping companies market)
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).
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Market Landscape by Application
• Residential/Commercial
• Chemical
• Industrial
• Refinery
• Auto fuel
• Others
(liquefied petroleum gas market association)
Key Point from Table of Content
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
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Market Landscape by Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Spain
o Italy
o Rest of Europe
• Asia-Pacific
o China
o Japan
o India
o Australia
o South Korea
o Rest of Asia-Pacific
• LAMEA
o Brazil
o Saudi Arabia
o South Africa
o Rest of LAMEA
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