Global Liquefied Petroleum Gas Market Research Report 2022
- Report ID: 28315
- Date: Jun, 2022
- Pages: 217
- Category: Chemicals & Materials
The purpose of this report is to cover the definition, description, and forecast the global liquefied petroleum gas market. It involves a deep-dive analysis of the market segmentation, which is based on applications and sources. The report also gives deep insights into the competitive landscape of the market through a strategic analysis of the key players of the market. The liquefied petroleum gas market, in terms of sources, has been segmented into refineries, associated gases, and non-associated gases. The main applications of the market are residential/commercial, chemical, industrial, and auto gas, among others.
The liquefied petroleum gas market was valued at $236.8 million in 2021 is projected to grow at a CAGR of 4.0% from 2021 to 2028, to reach a market value of $288.7 million by 2028. The non-associated gases segment is estimated to grow at the fastest CAGR of 4.7% from 2021 to 2028, in the global LPG market.
The report has profiled the leading players of the market, along with the developments (new product launches, mergers & acquisitions, expansions, partnerships, agreements, collaborations, and joint ventures) done by the companies over the past few years and strategies adopted by them to sustain and strengthen their positions in the global LPG market. Gazprom (Russia), PetroChina (China), Sinopec Ltd (China), Saudi Aramco (Saudi Arabia),and Exxon Mobile (U.S.) are among the key players engaged in this market.
Reasons to Buy the Report:
From an insight perspective, this research report has focused on various levels of analysis—industry analysis (industry trends and PEST analysis), market share analysis of top players, supply chain analysis, and company profiles, which together provide the basic views on the competitive landscape; usage patterns; emerging and high-growth segments of the global LPG market; high-growth regions/countries and their respective regulatory policies; government initiatives; and market drivers, restraints, and opportunities.
The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help the firms in garnering a greater share in the global market. Firms purchasing the report could use any one or combination of the below mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) for strengthening their market share.
The report provides insights on the following pointers:
• Product Analysis and development: Detailed insights on upcoming technologies, research & development activities, and new product launches in the global liquefied petroleum gas market; usage pattern/ penetration rate (in-depth trend analysis) of products (segment-wise) and purchasing data
• Market Development: Comprehensive information about lucrative emerging markets, across geographies, new distribution channels, new clientele base, and different pricing policies
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments decisions in the liquefied petroleum gas market, along with a detailed description regarding the related and unrelated diversification pertaining to this market
• Competitive Assessment: In-depth assessment of market shares, company share analysis of the key players forecasted till 2028
• Product/ Brand Perception Analysis: Comprehensive study of customers’ perception and behavior through our inbuilt social connect tool (digital marketing language) checking the virality and tonality of blogs
TABLE OF CONTENTS
1 INTRODUCTION 12
1.1 OBJECTIVES OF THE STUDY 12
1.2 MARKET DEFINITION AND SCOPE OF THE STUDY 12
1.3 MARKETS COVERED 13
1.4 STAKEHOLDERS 13
2 RESEARCH METHODOLOGY 14
2.1 INTEGRATED ECOSYSTEM OF LPG MARKET 14
2.2 ARRIVING AT THE GLOBAL LPG MARKET SIZE 15
2.3 TOP-DOWN APPROACH 15
2.4 BOTTOM-UP APPROACH 16
2.5 DEMAND SIDE APPROACH 17
2.6 MACROINDICATOR - based APPROACH 19
2.7 ASSUMPTIONS 19
3 EXECUTIVE SUMMARY 21
4 MARKET OVERVIEW 23
4.1 INTRODUCTION 23
4.2 DRIVERS AND INHIBITORS OF GLOBAL LPG MARKET 25
4.2.1 Auxiliary Tables 26
4.3 IMPACT ANALYSIS 27
4.3.1 Impact Analysis of Drivers 27
4.4 KEY MARKET DYNAMICS 27
4.5 DEMAND SIDE ANALYSIS 29
4.6 VENDOR SIDE ANALYSIS 30
5 LIQUEFIED PETROLEUM GAS MARKET, BY SOURCE 31
5.1 INTRODUCTION 31
5.2 GLOBAL LPG MARKET, BY SOURCE 32
5.3 REFINERIES 33
5.4 NON – ASSOCIATED GASES 34
5.5 ASSOCIATED GASES 35
6 LIQUEFIED PETROLEUM GAS MARKET, BY APPLICATION 37
6.1 INTRODUCTION 37
6.2 GLOBAL LPG MARKET, BY APPLICATION 38
6.3 GLOBAL RESIDENTIAL/COMMERCIAL LPG MARKET, BY REGION 39
6.3.1 NORTH AMERICAN RESIDENTIAL/COMMERCIAL LPG MARKET, BY COUNTRY 40
6.3.2 ASIA-PACIFIC RESIDENTIAL/COMMERCIAL LPG MARKET, BY COUNTRY 41
6.3.3 EURASIA RESIDENTIAL/COMMERCIAL LPG MARKET, BY COUNTRY 42
6.3.4 MEA RESIDENTIAL/COMMERCIAL LPG MARKET, BY COUNTRY 43
6.3.5 LATIN AMERICA RESIDENTIAL/COMMERCIAL LPG MARKET, BY COUNTRY 44
6.4 GLOBAL CHEMICAL LPG MARKET, BY REGION 45
6.4.1 NORTH AMERICA CHEMICAL LPG MARKET, BY COUNTRY 47
6.4.2 ASIA-PACIFIC CHEMICAL LPG MARKET, BY COUNTRY 48
6.4.3 EURASIA CHEMICAL LPG MARKET, BY COUNTRY 49
6.4.4 MEA CHEMICAL LPG MARKET, BY COUNTRY 50
6.4.5 LATIN AMERICA CHEMICAL LPG MARKET, BY COUNTRY 51
6.5 GLOBAL INDUsTRIAL LPG MARKET, BY REGION 52
6.5.1 NORTH AMERICA INDUSTRIAL LPG MARKET, BY COUNTRY 53
6.5.2 ASIA-PACIFIC INDUSTRIAL LPG MARKET, BY COUNTRY 54
6.5.3 EURASIA INDUSTRIAL LPG MARKET, BY COUNTRY 55
6.5.4 MEA INDUSTRIAL LPG MARKET, BY COUNTRY 56
6.5.5 LATIN AMERICA INDUSTRIAL LPG MARKET, BY COUNTRY 57
6.6 GLOBAL AUTOGAS LPG MARKET, BY REGION 58
6.6.1 NORTH AMERICAN AUTO GAS LPG MARKET, BY COUNTRY 59
6.6.2 ASIA-PACIFIC AUTO GAS LPG MARKET, BY COUNTRY 60
6.6.3 EURASIA AUTO GAS LPG MARKET, BY COUNTRY 61
6.6.4 MEA AUTO GAS LPG MARKET, BY COUNTRY 62
6.6.5 LATIN AMERICA AUTO GAS LPG MARKET, BY COUNTRY 63
7 LIQUEFIED PETROLEUM GAS MARKET, BY REGION 64
7.1 INTRODUCTION 64
7.2 GLOBAL LPG MARKET, BY REGION 65
7.3 ASIA –pACIFIC LPG MARKET 66
7.3.1 ASIA -PACIFIC LPG MARKET, BY COUNTRY 66
7.3.2 ASIA-PACIFIC LPG MARKET, BY SOURCE 68
7.3.3 ASIA-PACIFIC LPG MARKET, BY APPLICATION 70
7.4 NORTH AMERICA LPG MARKET 72
7.4.1 NORTH AMERICA LPG MARKET, BY COUNTRY 72
7.4.2 NORTH AMERICA LPG MARKET, BY SOURCE 74
7.4.3 NORTH AMERICA LPG MARKET, BY APPLICATION 75
7.5 MEA LPG MARKET 77
7.5.1 MEA LPG MARKET, BY COUNTRY 77
7.5.2 MEA LPG MARKET, BY SOURCE 79
7.5.3 MEA LPG MARKET, BY APPLICATION 80
7.6 EURASIA LPG MARKET 82
7.6.1 EURASIA LPG MARKET, BY COUNTRY 82
7.6.2 EURASIA LPG MARKET, BY SOURCE 84
7.6.3 EURASIA LPG MARKET, BY APPLICATION 85
7.7 LATIN AMERICA LPG MARKET 87
7.7.1 LATIN AMERICA LPG MARKET, BY COUNTRY 87
7.7.2 LATIN AMERICA LPG MARKET, BY SOURCE 89
7.7.3 LATIN AMERICA LPG MARKET, BY APPLICATION 90
8 GLOBAL LIQUEFIED PETROLEUM GAS MARKET: COMPETITIVE LANDSCAPE 92
8.1 LPG MARKET: COMPANY SHARE ANALYSIS 92
8.2 COMPETITIVE LANDSCAPE 92
8.2.1 EXPANSION 93
8.2.2 JOINT VENTURES/ PARTNERSHIP 95
8.2.3 NEW CONTRACT 96
8.2.4 AGREEMENT 97
8.2.5 MERGERS & ACQUISITIONS 98
8.2.6 NEW TECHNOLOGY 98
8.2.7 OTHERS 99
9 GLOBAL LPG MARKET, BY COMPANY 100
(Overview, Financials, Products & Services, Strategy, and Developments)*
9.1 GAZPROM 100
9.2 Sinopec (China Petroleum & Chemical Corp.) 102
9.3 PetroChina Company Limited 105
9.4 Exxon Mobil Corp. 107
9.5 SAUDI ARAMCO 110
9.6 Royal Dutch Shell 111
9.7 PHILLIPS 66 114
9.8 PETRONAS 117
9.9 BP Plc 121
9.10 TOTAL S.A. 123
9.11 PETRON CORP. 126
9.12 QATARGAS 128
9.13 INDIAN OIL CORP. 129
List of Figures
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In any formal research including academic journal, article, dissertation and so on, there will be a special section on a research methodology that mainly describes what, by whom, how to gather as well as how to evaluate the data are provided.
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It contains several laboratory experiments, basic surveys, mathematical calculations, simulations and so on. The possible measurement, quantity or amount is considered to be a major factor in the quantitative research methodology.
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