Liquefied Petroleum Gas (LPG) Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application, Product Type
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Introduction to the Liquefied Petroleum Gas (LPG) Industry
Liquefied Petroleum Gas (LPG), comprising propane and butane, is a versatile energy source used in residential, commercial, chemical, engine fuel, and industrial applications. The Middle East and the U.S., the largest global suppliers, produce LPG as a byproduct of oilfields, with the U.S. exporting 2 million barrels daily in 2023. Major importers include China, Japan, South Korea, India, and Indonesia. The market is highly concentrated, with Saudi Aramco and ExxonMobil leading due to their production scale. Sonatrach Petroleum produced 8.6 million tons in 2023, while TotalEnergies traded 7.1 million tons in 2024. Innovations focus on cleaner purification methods (65% of production) and sustainable supply chains. Challenges include price volatility tied to oil markets, geopolitical risks, and competition from renewables, yet demand from Asia Pacific’s residential sector drives growth.
Market Size and Growth Forecast
The global LPG market is projected to reach USD 225–235 billion by 2025, with an estimated compound annual growth rate (CAGR) of 0.5% to 1.0% through 2030. Growth is driven by residential demand in Asia Pacific, offset by renewable energy transitions.
Regional Analysis
North America holds 20–25%, with a growth rate of 0.5%–1%. The U.S. leads in engine fuel, with Canada focusing on industrial uses. Trends include export growth.
Asia Pacific accounts for 45–50%, with a growth rate of 1%–2%. China’s Sinopec and India’s residential demand drive growth. Japan and South Korea focus on chemicals. Trends include import reliance.
Europe holds 15–20%, with a growth rate of 0.5%–1%. Germany’s Shell focuses on residential heating. Trends include decarbonization.
Middle East and Africa hold 10–15%, with a growth rate of 0.5%–1.5%. Saudi Aramco’s production supports exports. Trends include supply chain optimization.
South America accounts for 3–5%, with a growth rate of 0.5%–1%. Brazil’s industrial sector supports demand. Trends focus on affordability.
Application Analysis
Residential & Commercial: Holds 45–50%, with a growth rate of 1%–2%. ExxonMobil’s LPG supports cooking. Trends include rural adoption.
Chemical: Accounts for 30–40%, with a growth rate of 0.5%–1.5%. Saudi Aramco’s LPG aids petrochemicals. Trends focus on high-purity grades.
Engine Fuel: Holds 5–10%, with a growth rate of 0.5%–1%. Chevron’s LPG supports autogas. Trends include fleet adoption.
Industrial: Accounts for 5–10%, with a growth rate of 0.5%–1%. BP’s LPG aids manufacturing. Trends focus on efficiency.
Others: Holds 3–5%, with a growth rate of 0.5%–1%. Niche uses grow with Qatar Energy’s offerings.
Type Analysis
Gas Purification Method: Holds 65%, with a growth rate of 0.5%–1%. ExxonMobil’s method ensures high purity. Trends include cleaner processes.
Petroleum Cracking Method: Accounts for 35%, with a growth rate of 0.5%–1%. Saudi Aramco’s method supports scale. Trends focus on cost efficiency.
Key Market Players
ExxonMobil: A U.S. firm, ExxonMobil focuses on residential LPG.
Chevron: A U.S. company, Chevron supplies engine fuel LPG.
Saudi Aramco: A Saudi firm, Saudi Aramco develops chemical LPG.
CNPC: A Chinese company, CNPC focuses on industrial LPG.
Sinopec: A Chinese firm, Sinopec supplies residential LPG.
PJSC Gazprom: A Russian company, Gazprom develops chemical LPG.
Shell: A UK firm, Shell focuses on residential LPG.
BP: A UK company, BP supplies industrial LPG.
TotalEnergies: A French firm, TotalEnergies develops engine fuel LPG.
Qatar Energy: A Qatari company, Qatar focuses on chemical LPG.
NIOC: An Iranian firm, NIOC supplies residential LPG.
Sonatrach Petroleum: An Algerian company, Sonatrach develops industrial LPG.
Porter’s Five Forces Analysis
● Threat of New Entrants: Low. High capital barriers deter entry, with Saudi Aramco dominating.
● Threat of Substitutes: High. Renewables compete, but ExxonMobil’s LPG retains cost advantages.
● Bargaining Power of Buyers: Moderate. Importers switch suppliers, pressuring Sinopec for pricing.
● Bargaining Power of Suppliers: High. Oilfield producers influence costs, affecting Shell’s margins.
● Competitive Rivalry: High. ExxonMobil and Saudi Aramco compete on scale and pricing.
Market Opportunities and Challenges
Opportunities
● Residential Demand: Asia’s cooking needs boost Sinopec’s sales.
● Chemical Growth: Petrochemicals drive Saudi Aramco’s expansion.
● Engine Fuel Adoption: Autogas fleets favor Chevron’s growth.
● Emerging Markets: India’s imports support ExxonMobil’s share.
● Cleaner Processes: Purification methods enhance Shell’s adoption.
● Export Growth: U.S. volumes boost TotalEnergies’ revenue.
● Industrial Efficiency: Manufacturing needs favor BP’s growth.
Challenges
● Price Volatility: Oil market swings pressure ExxonMobil’s margins.
● Renewable Competition: Solar threatens Sinopec’s share.
● Geopolitical Risks: Supply disruptions affect Saudi Aramco’s operations.
● Regulatory Pressures: Emissions laws increase Shell’s costs.
● Supply Chain Issues: Logistics disrupt TotalEnergies’ delivery.
● Market Saturation: Mature markets slow BP’s expansion.
● Technological Barriers: Cleaner methods challenge Chevron’s innovation.
Chapter 1 Executive Summary
Chapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Liquefied Petroleum Gas (Lpg) Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Trading Analysis
8.1 Export of Liquefied Petroleum Gas (Lpg) by Region
8.2 Import of Liquefied Petroleum Gas (Lpg) by Region
8.3 Balance of Trade
Chapter 9 Historical and Forecast Liquefied Petroleum Gas (Lpg) Market in North America (2020-2030)
9.1 Liquefied Petroleum Gas (Lpg) Market Size
9.2 Liquefied Petroleum Gas (Lpg) Demand by End Use
9.3 Competition by Players/Suppliers
9.4 Type Segmentation and Price
9.5 Key Countries Analysis
9.5.1 United States
9.5.2 Canada
9.5.3 Mexico
Chapter 10 Historical and Forecast Liquefied Petroleum Gas (Lpg) Market in South America (2020-2030)
10.1 Liquefied Petroleum Gas (Lpg) Market Size
10.2 Liquefied Petroleum Gas (Lpg) Demand by End Use
10.3 Competition by Players/Suppliers
10.4 Type Segmentation and Price
10.5 Key Countries Analysis
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Chile
10.5.4 Peru
Chapter 11 Historical and Forecast Liquefied Petroleum Gas (Lpg) Market in Asia & Pacific (2020-2030)
11.1 Liquefied Petroleum Gas (Lpg) Market Size
11.2 Liquefied Petroleum Gas (Lpg) Demand by End Use
11.3 Competition by Players/Suppliers
11.4 Type Segmentation and Price
11.5 Key Countries Analysis
11.5.1 China
11.5.2 India
11.5.3 Japan
11.5.4 South Korea
11.5.5 Southest Asia
11.5.6 Australia
Chapter 12 Historical and Forecast Liquefied Petroleum Gas (Lpg) Market in Europe (2020-2030)
12.1 Liquefied Petroleum Gas (Lpg) Market Size
12.2 Liquefied Petroleum Gas (Lpg) Demand by End Use
12.3 Competition by Players/Suppliers
12.4 Type Segmentation and Price
12.5 Key Countries Analysis
12.5.1 Germany
12.5.2 France
12.5.3 United Kingdom
12.5.4 Italy
12.5.5 Spain
12.5.6 Belgium
12.5.7 Netherlands
12.5.8 Austria
12.5.9 Poland
12.5.10 Russia
Chapter 13 Historical and Forecast Liquefied Petroleum Gas (Lpg) Market in MEA (2020-2030)
13.1 Liquefied Petroleum Gas (Lpg) Market Size
13.2 Liquefied Petroleum Gas (Lpg) Demand by End Use
13.3 Competition by Players/Suppliers
13.4 Type Segmentation and Price
13.5 Key Countries Analysis
13.5.1 Egypt
13.5.2 Israel
13.5.3 South Africa
13.5.4 Gulf Cooperation Council Countries
13.5.5 Turkey
Chapter 14 Summary For Global Liquefied Petroleum Gas (Lpg) Market (2020-2025)
14.1 Liquefied Petroleum Gas (Lpg) Market Size
14.2 Liquefied Petroleum Gas (Lpg) Demand by End Use
14.3 Competition by Players/Suppliers
14.4 Type Segmentation and Price
Chapter 15 Global Liquefied Petroleum Gas (Lpg) Market Forecast (2025-2030)
15.1 Liquefied Petroleum Gas (Lpg) Market Size Forecast
15.2 Liquefied Petroleum Gas (Lpg) Demand Forecast
15.3 Competition by Players/Suppliers
15.4 Type Segmentation and Price Forecast
Chapter 16 Analysis of Global Key Vendors
15.1 ExxonMobil
15.1.1 Company Profile
15.1.2 Main Business and Liquefied Petroleum Gas (LPG) Information
15.1.3 SWOT Analysis of ExxonMobil
15.1.4 ExxonMobil Liquefied Petroleum Gas (LPG) Sales, Revenue, Price and Gross Margin (2020-2025)
15.2 Chevron
15.2.1 Company Profile
15.2.2 Main Business and Liquefied Petroleum Gas (LPG) Information
15.2.3 SWOT Analysis of Chevron
15.2.4 Chevron Liquefied Petroleum Gas (LPG) Sales, Revenue, Price and Gross Margin (2020-2025)
15.3 Saudi Aramco
15.3.1 Company Profile
15.3.2 Main Business and Liquefied Petroleum Gas (LPG) Information
15.3.3 SWOT Analysis of Saudi Aramco
15.3.4 Saudi Aramco Liquefied Petroleum Gas (LPG) Sales, Revenue, Price and Gross Margin (2020-2025)
15.4 CNPC
15.4.1 Company Profile
15.4.2 Main Business and Liquefied Petroleum Gas (LPG) Information
15.4.3 SWOT Analysis of CNPC
15.4.4 CNPC Liquefied Petroleum Gas (LPG) Sales, Revenue, Price and Gross Margin (2020-2025)
15.5 Sinopec
15.5.1 Company Profile
15.5.2 Main Business and Liquefied Petroleum Gas (LPG) Information
15.5.3 SWOT Analysis of Sinopec
15.5.4 Sinopec Liquefied Petroleum Gas (LPG) Sales, Revenue, Price and Gross Margin (2020-2025)
15.6 PJSC Gazprom
15.6.1 Company Profile
15.6.2 Main Business and Liquefied Petroleum Gas (LPG) Information
15.6.3 SWOT Analysis of PJSC Gazprom
15.6.4 PJSC Gazprom Liquefied Petroleum Gas (LPG) Sales, Revenue, Price and Gross Margin (2020-2025)
15.7 Shell
15.7.1 Company Profile
15.7.2 Main Business and Liquefied Petroleum Gas (LPG) Information
15.7.3 SWOT Analysis of Shell
15.7.4 Shell Liquefied Petroleum Gas (LPG) Sales, Revenue, Price and Gross Margin (2020-2025)
15.8 BP
15.8.1 Company Profile
15.8.2 Main Business and Liquefied Petroleum Gas (LPG) Information
15.8.3 SWOT Analysis of BP
15.8.4 BP Liquefied Petroleum Gas (LPG) Sales, Revenue, Price and Gross Margin (2020-2025)
Please ask for sample pages for full companies list
Table Research Scope Of Liquefied Petroleum Gas (Lpg) Report
Table Data Sources Of Liquefied Petroleum Gas (Lpg) Report
Table Major Assumptions Of Liquefied Petroleum Gas (Lpg) Report
Table Liquefied Petroleum Gas (Lpg) Classification
Table Liquefied Petroleum Gas (Lpg) Applications List
Table Drivers Of Liquefied Petroleum Gas (Lpg) Market
Table Restraints Of Liquefied Petroleum Gas (Lpg) Market
Table Opportunities Of Liquefied Petroleum Gas (Lpg) Market
Table Threats Of Liquefied Petroleum Gas (Lpg) Market
Table Raw Materials Suppliers List
Table Different Production Methods Of Liquefied Petroleum Gas (Lpg)
Table Cost Structure Analysis Of Liquefied Petroleum Gas (Lpg)
Table Key End Users List
Table Latest News Of Liquefied Petroleum Gas (Lpg) Market
Table Merger And Acquisition List
Table Planned/Future Project Of Liquefied Petroleum Gas (Lpg) Market
Table Policy Of Liquefied Petroleum Gas (Lpg) Market
Table 2020-2030 Regional Export Of Liquefied Petroleum Gas (Lpg)
Table 2020-2030 Regional Import Of Liquefied Petroleum Gas (Lpg)
Table 2020-2030 Regional Trade Balance
Table 2020-2030 North America Liquefied Petroleum Gas (Lpg) Market Size And Market Volume List
Table 2020-2030 North America Liquefied Petroleum Gas (Lpg) Demand List By Application
Table 2020-2025 North America Liquefied Petroleum Gas (Lpg) Key Players Sales List
Table 2020-2025 North America Liquefied Petroleum Gas (Lpg) Key Players Market Share List
Table 2020-2030 North America Liquefied Petroleum Gas (Lpg) Demand List By Type
Table 2020-2025 North America Liquefied Petroleum Gas (Lpg) Price List By Type
Table 2020-2030 United States Liquefied Petroleum Gas (Lpg) Market Size And Market Volume List
Table 2020-2030 United States Liquefied Petroleum Gas (Lpg) Import & Export List
Table 2020-2030 Canada Liquefied Petroleum Gas (Lpg) Market Size And Market Volume List
Table 2020-2030 Canada Liquefied Petroleum Gas (Lpg) Import & Export List
Table 2020-2030 Mexico Liquefied Petroleum Gas (Lpg) Market Size And Market Volume List
Table 2020-2030 Mexico Liquefied Petroleum Gas (Lpg) Import & Export List
Table 2020-2030 South America Liquefied Petroleum Gas (Lpg) Market Size And Market Volume List
Table 2020-2030 South America Liquefied Petroleum Gas (Lpg) Demand List By Application
Table 2020-2025 South America Liquefied Petroleum Gas (Lpg) Key Players Sales List
Table 2020-2025 South America Liquefied Petroleum Gas (Lpg) Key Players Market Share List
Table 2020-2030 South America Liquefied Petroleum Gas (Lpg) Demand List By Type
Table 2020-2025 South America Liquefied Petroleum Gas (Lpg) Price List By Type
Table 2020-2030 Brazil Liquefied Petroleum Gas (Lpg) Market Size And Market Volume List
Table 2020-2030 Brazil Liquefied Petroleum Gas (Lpg) Import & Export List
Table 2020-2030 Argentina Liquefied Petroleum Gas (Lpg) Market Size And Market Volume List
Table 2020-2030 Argentina Liquefied Petroleum Gas (Lpg) Import & Export List
Table 2020-2030 Chile Liquefied Petroleum Gas (Lpg) Market Size And Market Volume List
Table 2020-2030 Chile Liquefied Petroleum Gas (Lpg) Import & Export List
Table 2020-2030 Peru Liquefied Petroleum Gas (Lpg) Market Size And Market Volume List
Table 2020-2030 Peru Liquefied Petroleum Gas (Lpg) Import & Export List
Table 2020-2030 Asia & Pacific Liquefied Petroleum Gas (Lpg) Market Size And Market Volume List
Table 2020-2030 Asia & Pacific Liquefied Petroleum Gas (Lpg) Demand List By Application
Table 2020-2025 Asia & Pacific Liquefied Petroleum Gas (Lpg) Key Players Sales List
Table 2020-2025 Asia & Pacific Liquefied Petroleum Gas (Lpg) Key Players Market Share List
Table 2020-2030 Asia & Pacific Liquefied Petroleum Gas (Lpg) Demand List By Type
Table 2020-2025 Asia & Pacific Liquefied Petroleum Gas (Lpg) Price List By Type
Table 2020-2030 China Liquefied Petroleum Gas (Lpg) Market Size And Market Volume List
Table 2020-2030 China Liquefied Petroleum Gas (Lpg) Import & Export List
Table 2020-2030 India Liquefied Petroleum Gas (Lpg) Market Size And Market Volume List
Table 2020-2030 India Liquefied Petroleum Gas (Lpg) Import & Export List
Table 2020-2030 Japan Liquefied Petroleum Gas (Lpg) Market Size And Market Volume List
Table 2020-2030 Japan Liquefied Petroleum Gas (Lpg) Import & Export List
Table 2020-2030 South Korea Liquefied Petroleum Gas (Lpg) Market Size And Market Volume List
Table 2020-2030 South Korea Liquefied Petroleum Gas (Lpg) Import & Export List
Table 2020-2030 Southeast Asia Liquefied Petroleum Gas (Lpg) Market Size List
Table 2020-2030 Southeast Asia Liquefied Petroleum Gas (Lpg) Market Volume List
Table 2020-2030 Southeast Asia Liquefied Petroleum Gas (Lpg) Import List
Table 2020-2030 Southeast Asia Liquefied Petroleum Gas (Lpg) Export List
Table 2020-2030 Australia Liquefied Petroleum Gas (Lpg) Market Size And Market Volume List
Table 2020-2030 Australia Liquefied Petroleum Gas (Lpg) Import & Export List
Table 2020-2030 Europe Liquefied Petroleum Gas (Lpg) Market Size And Market Volume List
Table 2020-2030 Europe Liquefied Petroleum Gas (Lpg) Demand List By Application
Table 2020-2025 Europe Liquefied Petroleum Gas (Lpg) Key Players Sales List
Table 2020-2025 Europe Liquefied Petroleum Gas (Lpg) Key Players Market Share List
Table 2020-2030 Europe Liquefied Petroleum Gas (Lpg) Demand List By Type
Table 2020-2025 Europe Liquefied Petroleum Gas (Lpg) Price List By Type
Table 2020-2030 Germany Liquefied Petroleum Gas (Lpg) Market Size And Market Volume List
Table 2020-2030 Germany Liquefied Petroleum Gas (Lpg) Import & Export List
Table 2020-2030 France Liquefied Petroleum Gas (Lpg) Market Size And Market Volume List
Table 2020-2030 France Liquefied Petroleum Gas (Lpg) Import & Export List
Table 2020-2030 United Kingdom Liquefied Petroleum Gas (Lpg) Market Size And Market Volume List
Table 2020-2030 United Kingdom Liquefied Petroleum Gas (Lpg) Import & Export List
Table 2020-2030 Italy Liquefied Petroleum Gas (Lpg) Market Size And Market Volume List
Table 2020-2030 Italy Liquefied Petroleum Gas (Lpg) Import & Export List
Table 2020-2030 Spain Liquefied Petroleum Gas (Lpg) Market Size And Market Volume List
Table 2020-2030 Spain Liquefied Petroleum Gas (Lpg) Import & Export List
Table 2020-2030 Belgium Liquefied Petroleum Gas (Lpg) Market Size And Market Volume List
Table 2020-2030 Belgium Liquefied Petroleum Gas (Lpg) Import & Export List
Table 2020-2030 Netherlands Liquefied Petroleum Gas (Lpg) Market Size And Market Volume List
Table 2020-2030 Netherlands Liquefied Petroleum Gas (Lpg) Import & Export List
Table 2020-2030 Austria Liquefied Petroleum Gas (Lpg) Market Size And Market Volume List
Table 2020-2030 Austria Liquefied Petroleum Gas (Lpg) Import & Export List
Table 2020-2030 Poland Liquefied Petroleum Gas (Lpg) Market Size And Market Volume List
Table 2020-2030 Poland Liquefied Petroleum Gas (Lpg) Import & Export List
Table 2020-2030 Russia Liquefied Petroleum Gas (Lpg) Market Size And Market Volume List
Table 2020-2030 Russia Liquefied Petroleum Gas (Lpg) Import & Export List
Table 2020-2030 Mea Liquefied Petroleum Gas (Lpg) Market Size And Market Volume List
Table 2020-2030 Mea Liquefied Petroleum Gas (Lpg) Demand List By Application
Table 2020-2025 Mea Liquefied Petroleum Gas (Lpg) Key Players Sales List
Table 2020-2025 Mea Liquefied Petroleum Gas (Lpg) Key Players Market Share List
Table 2020-2030 Mea Liquefied Petroleum Gas (Lpg) Demand List By Type
Table 2020-2025 Mea Liquefied Petroleum Gas (Lpg) Price List By Type
Table 2020-2030 Egypt Liquefied Petroleum Gas (Lpg) Market Size And Market Volume List
Table 2020-2030 Egypt Liquefied Petroleum Gas (Lpg) Import & Export List
Table 2020-2030 Israel Liquefied Petroleum Gas (Lpg) Market Size And Market Volume List
Table 2020-2030 Israel Liquefied Petroleum Gas (Lpg) Import & Export List
Table 2020-2030 South Africa Liquefied Petroleum Gas (Lpg) Market Size And Market Volume List
Table 2020-2030 South Africa Liquefied Petroleum Gas (Lpg) Import & Export List
Table 2020-2030 Gulf Cooperation Council Countries Liquefied Petroleum Gas (Lpg) Market Size And Market Volume List
Table 2020-2030 Gulf Cooperation Council Countries Liquefied Petroleum Gas (Lpg) Import & Export List
Table 2020-2030 Turkey Liquefied Petroleum Gas (Lpg) Market Size And Market Volume List
Table 2020-2030 Turkey Liquefied Petroleum Gas (Lpg) Import & Export List
Table 2020-2025 Global Liquefied Petroleum Gas (Lpg) Market Size List By Region
Table 2020-2025 Global Liquefied Petroleum Gas (Lpg) Market Size Share List By Region
Table 2020-2025 Global Liquefied Petroleum Gas (Lpg) Market Volume List By Region
Table 2020-2025 Global Liquefied Petroleum Gas (Lpg) Market Volume Share List By Region
Table 2020-2025 Global Liquefied Petroleum Gas (Lpg) Demand List By Application
Table 2020-2025 Global Liquefied Petroleum Gas (Lpg) Demand Market Share List By Application
Table 2020-2025 Global Liquefied Petroleum Gas (Lpg) Key Vendors Sales List
Table 2020-2025 Global Liquefied Petroleum Gas (Lpg) Key Vendors Sales Share List
Table 2020-2025 Global Liquefied Petroleum Gas (Lpg) Key Vendors Revenue List
Table 2020-2025 Global Liquefied Petroleum Gas (Lpg) Key Vendors Revenue Share List
Table 2020-2025 Global Liquefied Petroleum Gas (Lpg) Demand List By Type
Table 2020-2025 Global Liquefied Petroleum Gas (Lpg) Demand Market Share List By Type
Table 2020-2025 Regional Liquefied Petroleum Gas (Lpg) Price List
Table 2025-2030 Global Liquefied Petroleum Gas (Lpg) Market Size List By Region
Table 2025-2030 Global Liquefied Petroleum Gas (Lpg) Market Size Share List By Region
Table 2025-2030 Global Liquefied Petroleum Gas (Lpg) Market Volume List By Region
Table 2025-2030 Global Liquefied Petroleum Gas (Lpg) Market Volume Share List By Region
Table 2025-2030 Global Liquefied Petroleum Gas (Lpg) Demand List By Application
Table 2025-2030 Global Liquefied Petroleum Gas (Lpg) Demand Market Share List By Application
Table 2025-2030 Global Liquefied Petroleum Gas (Lpg) Key Vendors Sales List
Table 2025-2030 Global Liquefied Petroleum Gas (Lpg) Key Vendors Sales Share List
Table 2025-2030 Global Liquefied Petroleum Gas (Lpg) Key Vendors Revenue List
Table 2025-2030 Global Liquefied Petroleum Gas (Lpg) Key Vendors Revenue Share List
Table 2025-2030 Global Liquefied Petroleum Gas (Lpg) Demand List By Type
Table 2025-2030 Global Liquefied Petroleum Gas (Lpg) Demand Market Share List By Type
Table 2025-2030 Liquefied Petroleum Gas (Lpg) Regional Price List
Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Liquefied Petroleum Gas (Lpg) Picture
Figure 2020-2030 Regional Trade Balance
Figure 2020-2030 North America Liquefied Petroleum Gas (Lpg) Market Size And Cagr
Figure 2020-2030 North America Liquefied Petroleum Gas (Lpg) Market Volume And Cagr
Figure 2020-2030 South America Liquefied Petroleum Gas (Lpg) Market Size And Cagr
Figure 2020-2030 South America Liquefied Petroleum Gas (Lpg) Market Volume And Cagr
Figure 2020-2030 Asia & Pacific Liquefied Petroleum Gas (Lpg) Market Size And Cagr
Figure 2020-2030 Asia & Pacific Liquefied Petroleum Gas (Lpg) Market Volume And Cagr
Figure 2020-2030 Europe Liquefied Petroleum Gas (Lpg) Market Size And Cagr
Figure 2020-2030 Europe Liquefied Petroleum Gas (Lpg) Market Volume And Cagr
Figure 2020-2030 Mea Liquefied Petroleum Gas (Lpg) Market Size And Cagr
Figure 2020-2030 Mea Liquefied Petroleum Gas (Lpg) Market Volume And Cagr
Figure 2020-2025 Global Liquefied Petroleum Gas (Lpg) Market Volume And Growth Rate
Figure 2020-2025 Global Liquefied Petroleum Gas (Lpg) Market Size And Growth Rate
Figure 2025-2030 Global Liquefied Petroleum Gas (Lpg) Market Volume And Growth Rate
Figure 2025-2030 Global Liquefied Petroleum Gas (Lpg) Market Size And Growth Rate
Research Methodology
- Market Estimated Methodology:
Bottom-up & top-down approach, supply & demand approach are the most important method which is used by HDIN Research to estimate the market size.
1)Top-down & Bottom-up Approach
Top-down approach uses a general market size figure and determines the percentage that the objective market represents.
Bottom-up approach size the objective market by collecting the sub-segment information.
2)Supply & Demand Approach
Supply approach is based on assessments of the size of each competitor supplying the objective market.
Demand approach combine end-user data within a market to estimate the objective market size. It is sometimes referred to as bottom-up approach.
- Forecasting Methodology
- Numerous factors impacting the market trend are considered for forecast model:
- New technology and application in the future;
- New project planned/under contraction;
- Global and regional underlying economic growth;
- Threatens of substitute products;
- Industry expert opinion;
- Policy and Society implication.
- Analysis Tools
1)PEST Analysis
PEST Analysis is a simple and widely used tool that helps our client analyze the Political, Economic, Socio-Cultural, and Technological changes in their business environment.
- Benefits of a PEST analysis:
- It helps you to spot business opportunities, and it gives you advanced warning of significant threats.
- It reveals the direction of change within your business environment. This helps you shape what you’re doing, so that you work with change, rather than against it.
- It helps you avoid starting projects that are likely to fail, for reasons beyond your control.
- It can help you break free of unconscious assumptions when you enter a new country, region, or market; because it helps you develop an objective view of this new environment.
2)Porter’s Five Force Model Analysis
The Porter’s Five Force Model is a tool that can be used to analyze the opportunities and overall competitive advantage. The five forces that can assist in determining the competitive intensity and potential attractiveness within a specific area.
- Threat of New Entrants: Profitable industries that yield high returns will attract new firms.
- Threat of Substitutes: A substitute product uses a different technology to try to solve the same economic need.
- Bargaining Power of Customers: the ability of customers to put the firm under pressure, which also affects the customer's sensitivity to price changes.
- Bargaining Power of Suppliers: Suppliers of raw materials, components, labor, and services (such as expertise) to the firm can be a source of power over the firm when there are few substitutes.
- Competitive Rivalry: For most industries the intensity of competitive rivalry is the major determinant of the competitiveness of the industry.
3)Value Chain Analysis
Value chain analysis is a tool to identify activities, within and around the firm and relating these activities to an assessment of competitive strength. Value chain can be analyzed by primary activities and supportive activities. Primary activities include: inbound logistics, operations, outbound logistics, marketing & sales, service. Support activities include: technology development, human resource management, management, finance, legal, planning.
4)SWOT Analysis
SWOT analysis is a tool used to evaluate a company's competitive position by identifying its strengths, weaknesses, opportunities and threats. The strengths and weakness is the inner factor; the opportunities and threats are the external factor. By analyzing the inner and external factors, the analysis can provide the detail information of the position of a player and the characteristics of the industry.
- Strengths describe what the player excels at and separates it from the competition
- Weaknesses stop the player from performing at its optimum level.
- Opportunities refer to favorable external factors that the player can use to give it a competitive advantage.
- Threats refer to factors that have the potential to harm the player.
- Data Sources
Primary Sources | Secondary Sources |
---|---|
Face to face/Phone Interviews with market participants, such as: Manufactures; Distributors; End-users; Experts. Online Survey |
Government/International Organization Data: Annual Report/Presentation/Fact Book Internet Source Information Industry Association Data Free/Purchased Database Market Research Report Book/Journal/News |