Liquefied Petroleum Gas Market - Global Industry Analysis, Size, Share, Growth


Posted May 4, 2015 by john55364

the global LPG market was valued at USD 233.83 billion in 2013 and is anticipated to reach USD 299.05 billion in 2020, expanding at a CAGR of 3.4% from 2014 to 2020.

 
This research study analyzes the market for Liquefied Petroleum Gas (LPG) in terms of volume and revenue. The LPG market has been sub-segmented based on source, end-user and geography. Supply and demand for the LPG market has been shown separately to provide a holistic view of the market study. Market data for all the sub-segments has been provided on the regional level for the period 2013 to 2020. A comprehensive competitive landscape has been included in the report which covers companies active in the LPG business. Value chain analysis and Porter’s five forces model provide a clear understanding regarding the market dynamics of the LPG market.

Browse the full Liquefied Petroleum Gas Market report at http://www.transparencymarketresearch.com/liquefied-petroleum-gas-market.html

The high level analysis provides detailed insights into the business of LPG producers, distributors and retailers globally. Major drivers, restraints and opportunities of the LPG market are analyzed in detail with supporting graphs and tables. Market attractiveness analysis for the LPG market is based on geography. In the market attractiveness analysis, the LPG industry is analyzed regionally and ranked based on a number of parameters that directly impact the attractiveness of the market. Key source segments for the LPG market are crude oil refining, associated gas processing, and non-associated gas processing. For the LPG market, production from unconventional methods has been incorporated in the non-associated gas processing segment.

Key end-users for LPG are residential/commercial, petrochemical and refinery, industrial, transportation and others. The report analysis the LPG market across five geographies: North America, Europe, Asia-Pacific, Middle East & Africa, and South & Central America. Regional data has been provided for each sub-segment. The regional data comprises both production and demand data for LPG. While the production figures have been sub-segmented in the source analysis, the end-user analysis has sub-segmented the consumption volumes. Key market participants in the LPG business include ExxonMobil, UGI Corporation, and Royal Dutch Shell. The report provides an overview of these companies, followed by their financial revenue, business strategies and recent developments.

The largest share of LPG is produced from crude oil refining. Other sources of producing LPG are from non-associated gas and associated gas processing. Unconventional gas has recently emerged as a commercially viable source of LPG production, and has been accounted for in the non-associated gas category. The Middle East is currently the largest producer of LPG, and is likely to remain so in the future with most of the production coming from the non-associated gas category. The U.S. also emerged as a net exporter of LPG in 2012 and supplies are likely to soar with the increasing production of LPG from shale gas. The non-associated gas category is likely to show the most attractive growth rate for LPG production in the future.

Browse the full Liquefied Petroleum Gas Market Press Release report
http://www.transparencymarketresearch.com/pressrelease/liquefied-petroleum-gas-market.htm

LPG finds the maximum use in the residential and commercial sector. Asia-Pacific was the largest consumer of LPG in 2013 with countries such as China and India accounting for a significant portion of the consumption. Large rural populations in Asia-Pacific are likely to be one of the major demand drivers for LPG consumption in the future. A similar scenario can also be observed in the Latin American countries and in Africa. LPG is mostly used in the residential and commercial sector as a cooking fuel. Other uses include heating and lighting. One of the fastest growing end user applications for LPG is Autogas. Both Europe and certain countries of the Asia-Pacific have displayed strong adoption rates for Autogas in the past. Large petrochemical complexes planned in China and the Middle East is likely to bolster LPG consumption as feedstock. An imminent increase in LPG consumption by the midstream sector is likely to be observed in the future. Although refinery shutdowns are being observed around Europe, refining capacity additions in Russia and the Asia-Pacific countries of China and India are likely to increase consumption of LPG as a refinery feedstock.

LPG Market: Source Analysis

Refinery
Associated Gas
Non-Associated Gas

LPG Market: End User Analysis

Residential/Commercial
Petrochemical and Refinery
Industrial
Transportation
Others

LPG Market: Regional Analysis

North America
Europe
Asia-Pacific
Middle East & Africa
South & Central America


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Tags global liquefied petroleum gas market , liquefied petroleum gas market , liquefied petroleum gas market analysis , liquefied petroleum gas market forecast , liquefied petroleum gas market size , liquefied petroleum gas market trends
Last Updated May 4, 2015