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Liquefied Petroleum Gas (LPG) Market Outlook, Gas Price Chart, Marketers Association, Industry Technical, Cylinder Price, Global Research Report 2025

05-15-2017 03:50 PM CET | Industry, Real Estate & Construction

Press release from: Progressive Mrkt

Liquefied petroleum gas

Liquefied petroleum gas

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.

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

Discount on report: https://www.progressivemarkets.com/get-discount/liquefied-petroleum-gas-lpg-market

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

About us:
Progressive Markets is the answer to every possible business query. It is a market research and business consulting firm, headquartered in India with an aim to deliver up-to-date executive support to foster overall growth of an organization in its domain.

Contact us:
Antviews Global,
Serve No. 721/1 Flat No 404,
Sudhanshu co. op Housing Society,
Shastri Road, Near Kalavati Devi Mandir,
Fatak Baug, Pune 411 030.
help@progressivemarkets.com

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