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Liquefied Petroleum Gas (LPG)-Global Market Insights and Sales Trends 2025

Liquefied Petroleum Gas (LPG)-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1823818

No of Pages : 116

Synopsis
Liquefied Petroleum Gas (LPG) is flammable mixtures of hydrocarbon gases used as fuel in heating appliances, cooking equipment, and vehicles.
This report studies the Liquefied Petroleum Gas (LPG) market, from angles of players, regions, product types and end industries, to analyze the status and the future.
The global Liquefied Petroleum Gas (LPG) market size is expected to reach US$ 222810 million by 2029, growing at a CAGR of 3.8% from 2023 to 2029. The market is mainly driven by the significant applications of Liquefied Petroleum Gas (LPG) in various end use industries. The expanding demands from the Civil, Industrial and Others,, are propelling Liquefied Petroleum Gas (LPG) market. Petroleum Cracking Method, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Gas Purification Method segment is estimated at % CAGR for the next seven-year period.
Saudi Aramco, Sinopec, ADNOC, CNPC, Exxon Mobil and KNPC are the top 6 of global Liquefied Petroleum Gas (LPG), with about 25% market shares.
From the view of region, APAC have a larger market share which account for 43% and will witness a stable growth in following years. North America hold a market share of 18% will still play an important role which cannot be ignored. Any changes from Europe, which share a 12% market share in 2018, might affect the development trend of Liquefied Petroleum Gas (LPG). South America and Middle East and Africa are also play important role in Global market.
According to the Segmentation of types, all the market of Liquefied Petroleum Gas (LPG) can be divided as follows: The first kind need to mention is Gas Purification Method, it hold a comparatively larger share in global market, which accounts for about 62%. The following is Petroleum Cracking Method share 37% market share.
Liquefied Petroleum Gas'main application area is Civil. In 2018, this sector hold a market share of 58%.Then followed by the Industrial which account for 38%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Liquefied Petroleum Gas (LPG), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Liquefied Petroleum Gas (LPG) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Liquefied Petroleum Gas (LPG) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Liquefied Petroleum Gas (LPG) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Liquefied Petroleum Gas (LPG) covered in this report include Saudi Aramco, Sinopec, ADNOC, CNPC, Exxon Mobil, KNPC, Phillips66, Bharat Petroleum and Pemex, etc.
The global Liquefied Petroleum Gas (LPG) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Saudi Aramco
Sinopec
ADNOC
CNPC
Exxon Mobil
KNPC
Phillips66
Bharat Petroleum
Pemex
Total
Qatar Petroleum
Equinor
BP
Gazprom
Chevron
ConocoPhillips Company
SHV Energy (NL)
Valero Energy
Global Liquefied Petroleum Gas (LPG) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Liquefied Petroleum Gas (LPG) market, Segment by Type:
Petroleum Cracking Method
Gas Purification Method
Global Liquefied Petroleum Gas (LPG) market, by Application
Civil
Industrial
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Liquefied Petroleum Gas (LPG) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Liquefied Petroleum Gas (LPG) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Liquefied Petroleum Gas (LPG) Market Overview
1.1 Liquefied Petroleum Gas (LPG) Product Overview
1.2 Liquefied Petroleum Gas (LPG) Market Segment by Type
1.2.1 Petroleum Cracking Method
1.2.2 Gas Purification Method
1.3 Global Liquefied Petroleum Gas (LPG) Market Size by Type
1.3.1 Global Liquefied Petroleum Gas (LPG) Market Size Overview by Type (2018-2029)
1.3.2 Global Liquefied Petroleum Gas (LPG) Historic Market Size Review by Type (2018-2023)
1.3.3 Global Liquefied Petroleum Gas (LPG) Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Liquefied Petroleum Gas (LPG) Sales Breakdown by Type (2018-2023)
1.4.2 Europe Liquefied Petroleum Gas (LPG) Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Liquefied Petroleum Gas (LPG) Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Liquefied Petroleum Gas (LPG) Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Liquefied Petroleum Gas (LPG) Sales Breakdown by Type (2018-2023)
2 Global Liquefied Petroleum Gas (LPG) Market Competition by Company
2.1 Global Top Players by Liquefied Petroleum Gas (LPG) Sales (2018-2023)
2.2 Global Top Players by Liquefied Petroleum Gas (LPG) Revenue (2018-2023)
2.3 Global Top Players by Liquefied Petroleum Gas (LPG) Price (2018-2023)
2.4 Global Top Manufacturers Liquefied Petroleum Gas (LPG) Manufacturing Base Distribution, Sales Area, Product Type
2.5 Liquefied Petroleum Gas (LPG) Market Competitive Situation and Trends
2.5.1 Liquefied Petroleum Gas (LPG) Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Liquefied Petroleum Gas (LPG) Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Liquefied Petroleum Gas (LPG) as of 2022)
2.7 Date of Key Manufacturers Enter into Liquefied Petroleum Gas (LPG) Market
2.8 Key Manufacturers Liquefied Petroleum Gas (LPG) Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Liquefied Petroleum Gas (LPG) Status and Outlook by Region
3.1 Global Liquefied Petroleum Gas (LPG) Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Liquefied Petroleum Gas (LPG) Historic Market Size by Region
3.2.1 Global Liquefied Petroleum Gas (LPG) Sales in Volume by Region (2018-2023)
3.2.2 Global Liquefied Petroleum Gas (LPG) Sales in Value by Region (2018-2023)
3.2.3 Global Liquefied Petroleum Gas (LPG) Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Liquefied Petroleum Gas (LPG) Forecasted Market Size by Region
3.3.1 Global Liquefied Petroleum Gas (LPG) Sales in Volume by Region (2024-2029)
3.3.2 Global Liquefied Petroleum Gas (LPG) Sales in Value by Region (2024-2029)
3.3.3 Global Liquefied Petroleum Gas (LPG) Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Liquefied Petroleum Gas (LPG) by Application
4.1 Liquefied Petroleum Gas (LPG) Market Segment by Application
4.1.1 Civil
4.1.2 Industrial
4.1.3 Others
4.2 Global Liquefied Petroleum Gas (LPG) Market Size by Application
4.2.1 Global Liquefied Petroleum Gas (LPG) Market Size Overview by Application (2018-2029)
4.2.2 Global Liquefied Petroleum Gas (LPG) Historic Market Size Review by Application (2018-2023)
4.2.3 Global Liquefied Petroleum Gas (LPG) Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Liquefied Petroleum Gas (LPG) Sales Breakdown by Application (2018-2023)
4.3.2 Europe Liquefied Petroleum Gas (LPG) Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Liquefied Petroleum Gas (LPG) Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Liquefied Petroleum Gas (LPG) Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Liquefied Petroleum Gas (LPG) Sales Breakdown by Application (2018-2023)
5 North America Liquefied Petroleum Gas (LPG) by Country
5.1 North America Liquefied Petroleum Gas (LPG) Historic Market Size by Country
5.1.1 North America Liquefied Petroleum Gas (LPG) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Liquefied Petroleum Gas (LPG) Sales in Volume by Country (2018-2023)
5.1.3 North America Liquefied Petroleum Gas (LPG) Sales in Value by Country (2018-2023)
5.2 North America Liquefied Petroleum Gas (LPG) Forecasted Market Size by Country
5.2.1 North America Liquefied Petroleum Gas (LPG) Sales in Volume by Country (2024-2029)
5.2.2 North America Liquefied Petroleum Gas (LPG) Sales in Value by Country (2024-2029)
6 Europe Liquefied Petroleum Gas (LPG) by Country
6.1 Europe Liquefied Petroleum Gas (LPG) Historic Market Size by Country
6.1.1 Europe Liquefied Petroleum Gas (LPG) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Liquefied Petroleum Gas (LPG) Sales in Volume by Country (2018-2023)
6.1.3 Europe Liquefied Petroleum Gas (LPG) Sales in Value by Country (2018-2023)
6.2 Europe Liquefied Petroleum Gas (LPG) Forecasted Market Size by Country
6.2.1 Europe Liquefied Petroleum Gas (LPG) Sales in Volume by Country (2024-2029)
6.2.2 Europe Liquefied Petroleum Gas (LPG) Sales in Value by Country (2024-2029)
7 Asia-Pacific Liquefied Petroleum Gas (LPG) by Region
7.1 Asia-Pacific Liquefied Petroleum Gas (LPG) Historic Market Size by Region
7.1.1 Asia-Pacific Liquefied Petroleum Gas (LPG) Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Liquefied Petroleum Gas (LPG) Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Liquefied Petroleum Gas (LPG) Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Liquefied Petroleum Gas (LPG) Forecasted Market Size by Region
7.2.1 Asia-Pacific Liquefied Petroleum Gas (LPG) Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Liquefied Petroleum Gas (LPG) Sales in Value by Region (2024-2029)
8 Latin America Liquefied Petroleum Gas (LPG) by Country
8.1 Latin America Liquefied Petroleum Gas (LPG) Historic Market Size by Country
8.1.1 Latin America Liquefied Petroleum Gas (LPG) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Liquefied Petroleum Gas (LPG) Sales in Volume by Country (2018-2023)
8.1.3 Latin America Liquefied Petroleum Gas (LPG) Sales in Value by Country (2018-2023)
8.2 Latin America Liquefied Petroleum Gas (LPG) Forecasted Market Size by Country
8.2.1 Latin America Liquefied Petroleum Gas (LPG) Sales in Volume by Country (2024-2029)
8.2.2 Latin America Liquefied Petroleum Gas (LPG) Sales in Value by Country (2024-2029)
9 Middle East and Africa Liquefied Petroleum Gas (LPG) by Country
9.1 Middle East and Africa Liquefied Petroleum Gas (LPG) Historic Market Size by Country
9.1.1 Middle East and Africa Liquefied Petroleum Gas (LPG) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Liquefied Petroleum Gas (LPG) Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Liquefied Petroleum Gas (LPG) Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Liquefied Petroleum Gas (LPG) Forecasted Market Size by Country
9.2.1 Middle East and Africa Liquefied Petroleum Gas (LPG) Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Liquefied Petroleum Gas (LPG) Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Saudi Aramco
10.1.1 Saudi Aramco Company Information
10.1.2 Saudi Aramco Introduction and Business Overview
10.1.3 Saudi Aramco Liquefied Petroleum Gas (LPG) Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Saudi Aramco Liquefied Petroleum Gas (LPG) Products Offered
10.1.5 Saudi Aramco Recent Development
10.2 Sinopec
10.2.1 Sinopec Company Information
10.2.2 Sinopec Introduction and Business Overview
10.2.3 Sinopec Liquefied Petroleum Gas (LPG) Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Sinopec Liquefied Petroleum Gas (LPG) Products Offered
10.2.5 Sinopec Recent Development
10.3 ADNOC
10.3.1 ADNOC Company Information
10.3.2 ADNOC Introduction and Business Overview
10.3.3 ADNOC Liquefied Petroleum Gas (LPG) Sales, Revenue and Gross Margin (2018-2023)
10.3.4 ADNOC Liquefied Petroleum Gas (LPG) Products Offered
10.3.5 ADNOC Recent Development
10.4 CNPC
10.4.1 CNPC Company Information
10.4.2 CNPC Introduction and Business Overview
10.4.3 CNPC Liquefied Petroleum Gas (LPG) Sales, Revenue and Gross Margin (2018-2023)
10.4.4 CNPC Liquefied Petroleum Gas (LPG) Products Offered
10.4.5 CNPC Recent Development
10.5 Exxon Mobil
10.5.1 Exxon Mobil Company Information
10.5.2 Exxon Mobil Introduction and Business Overview
10.5.3 Exxon Mobil Liquefied Petroleum Gas (LPG) Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Exxon Mobil Liquefied Petroleum Gas (LPG) Products Offered
10.5.5 Exxon Mobil Recent Development
10.6 KNPC
10.6.1 KNPC Company Information
10.6.2 KNPC Introduction and Business Overview
10.6.3 KNPC Liquefied Petroleum Gas (LPG) Sales, Revenue and Gross Margin (2018-2023)
10.6.4 KNPC Liquefied Petroleum Gas (LPG) Products Offered
10.6.5 KNPC Recent Development
10.7 Phillips66
10.7.1 Phillips66 Company Information
10.7.2 Phillips66 Introduction and Business Overview
10.7.3 Phillips66 Liquefied Petroleum Gas (LPG) Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Phillips66 Liquefied Petroleum Gas (LPG) Products Offered
10.7.5 Phillips66 Recent Development
10.8 Bharat Petroleum
10.8.1 Bharat Petroleum Company Information
10.8.2 Bharat Petroleum Introduction and Business Overview
10.8.3 Bharat Petroleum Liquefied Petroleum Gas (LPG) Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Bharat Petroleum Liquefied Petroleum Gas (LPG) Products Offered
10.8.5 Bharat Petroleum Recent Development
10.9 Pemex
10.9.1 Pemex Company Information
10.9.2 Pemex Introduction and Business Overview
10.9.3 Pemex Liquefied Petroleum Gas (LPG) Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Pemex Liquefied Petroleum Gas (LPG) Products Offered
10.9.5 Pemex Recent Development
10.10 Total
10.10.1 Total Company Information
10.10.2 Total Introduction and Business Overview
10.10.3 Total Liquefied Petroleum Gas (LPG) Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Total Liquefied Petroleum Gas (LPG) Products Offered
10.10.5 Total Recent Development
10.11 Qatar Petroleum
10.11.1 Qatar Petroleum Company Information
10.11.2 Qatar Petroleum Introduction and Business Overview
10.11.3 Qatar Petroleum Liquefied Petroleum Gas (LPG) Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Qatar Petroleum Liquefied Petroleum Gas (LPG) Products Offered
10.11.5 Qatar Petroleum Recent Development
10.12 Equinor
10.12.1 Equinor Company Information
10.12.2 Equinor Introduction and Business Overview
10.12.3 Equinor Liquefied Petroleum Gas (LPG) Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Equinor Liquefied Petroleum Gas (LPG) Products Offered
10.12.5 Equinor Recent Development
10.13 BP
10.13.1 BP Company Information
10.13.2 BP Introduction and Business Overview
10.13.3 BP Liquefied Petroleum Gas (LPG) Sales, Revenue and Gross Margin (2018-2023)
10.13.4 BP Liquefied Petroleum Gas (LPG) Products Offered
10.13.5 BP Recent Development
10.14 Gazprom
10.14.1 Gazprom Company Information
10.14.2 Gazprom Introduction and Business Overview
10.14.3 Gazprom Liquefied Petroleum Gas (LPG) Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Gazprom Liquefied Petroleum Gas (LPG) Products Offered
10.14.5 Gazprom Recent Development
10.15 Chevron
10.15.1 Chevron Company Information
10.15.2 Chevron Introduction and Business Overview
10.15.3 Chevron Liquefied Petroleum Gas (LPG) Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Chevron Liquefied Petroleum Gas (LPG) Products Offered
10.15.5 Chevron Recent Development
10.16 ConocoPhillips Company
10.16.1 ConocoPhillips Company Company Information
10.16.2 ConocoPhillips Company Introduction and Business Overview
10.16.3 ConocoPhillips Company Liquefied Petroleum Gas (LPG) Sales, Revenue and Gross Margin (2018-2023)
10.16.4 ConocoPhillips Company Liquefied Petroleum Gas (LPG) Products Offered
10.16.5 ConocoPhillips Company Recent Development
10.17 SHV Energy (NL)
10.17.1 SHV Energy (NL) Company Information
10.17.2 SHV Energy (NL) Introduction and Business Overview
10.17.3 SHV Energy (NL) Liquefied Petroleum Gas (LPG) Sales, Revenue and Gross Margin (2018-2023)
10.17.4 SHV Energy (NL) Liquefied Petroleum Gas (LPG) Products Offered
10.17.5 SHV Energy (NL) Recent Development
10.18 Valero Energy
10.18.1 Valero Energy Company Information
10.18.2 Valero Energy Introduction and Business Overview
10.18.3 Valero Energy Liquefied Petroleum Gas (LPG) Sales, Revenue and Gross Margin (2018-2023)
10.18.4 Valero Energy Liquefied Petroleum Gas (LPG) Products Offered
10.18.5 Valero Energy Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Liquefied Petroleum Gas (LPG) Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Liquefied Petroleum Gas (LPG) Industrial Chain Analysis
11.4 Liquefied Petroleum Gas (LPG) Market Dynamics
11.4.1 Liquefied Petroleum Gas (LPG) Industry Trends
11.4.2 Liquefied Petroleum Gas (LPG) Market Drivers
11.4.3 Liquefied Petroleum Gas (LPG) Market Challenges
11.4.4 Liquefied Petroleum Gas (LPG) Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Liquefied Petroleum Gas (LPG) Distributors
12.3 Liquefied Petroleum Gas (LPG) Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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