デフォルト表紙
市場調査レポート
商品コード
1801010

液化石油ガス(LPG)市場レポート:供給源、用途、供給モード、地域別、2025年~2033年

Liquefied Petroleum Gas Market Report by Source, Application, Supply Mode, and Region 2025-2033


出版日
発行
IMARC
ページ情報
英文 147 Pages
納期
2~3営業日
カスタマイズ可能
価格
価格表記: USDを日本円(税抜)に換算
本日の銀行送金レート: 1USD=148.52円
液化石油ガス(LPG)市場レポート:供給源、用途、供給モード、地域別、2025年~2033年
出版日: 2025年08月01日
発行: IMARC
ページ情報: 英文 147 Pages
納期: 2~3営業日
GIIご利用のメリット
  • 全表示
  • 概要
  • 図表
  • 目次
概要

液化石油ガス(LPG)の世界市場規模は2024年に1,448億米ドルに達しました。今後、IMARC Groupは、2033年までに市場は1,973億米ドルに達し、2025年から2033年にかけて3.32%の成長率(CAGR)を示すと予測しています。同市場は、調理、暖房、輸送用のよりクリーンで汎用性の高いエネルギー源としてLPGの採用が増加していること、石油化学産業における原料用LPGの需要が高まっていること、よりクリーンな燃焼燃料の使用を促進する厳しい環境規制が実施されていることなどが、着実な成長をもたらしています。

液化石油ガス(LPG)市場動向:

環境問題の高まりとクリーンエネルギーへの移行

環境問題、特に大気質と温室効果ガス排出に関する世界の環境意識の高まりが、よりクリーンなエネルギー源を求める動きを後押ししているため、環境問題への関心とクリーンエネルギーへの移行が液化石油ガス(LPG)市場の主要促進要因となっています。このため、石炭や石油など他の化石燃料に比べ、燃焼がクリーンな燃料としてLPGの採用が加速しています。LPGは燃焼による有害な汚染物質や炭素の排出が少ないため、さまざまな用途で魅力的な選択肢となっています。二酸化炭素排出量を削減するという国際的なコミットメントに沿って、世界中の政府や産業界は環境に優しいエネルギーソリューションを積極的に模索しています。LPGはこうした持続可能性の目標に沿うもので、住宅暖房、調理、輸送などの用途があります。LPGの利用は大気汚染物質を削減し、気候変動の緩和に不可欠な温室効果ガスの排出削減に貢献します。その結果、環境に配慮したエネルギー源としてLPGの需要が高まっており、よりクリーンで持続可能なエネルギーへの世界の移行において、LPGが重要な役割を担っていることが浮き彫りになっています。液化石油ガス(LPG)市場の需要は、暖房、調理、自動車用燃料として広く使用されていることに加え、従来の化石燃料に代わるよりクリーンな燃料として認識されていることもあり、増加しています。

業種を問わない用途の拡大

LPGは、その多用途性と様々な業界にわたる幅広い用途により、エネルギー業界において絶大な支持を得ています。住宅分野では、LPGは家庭の暖房や効率的な調理によく使われています。そのクリーンな燃焼特性により、家庭のエネルギーニーズに対して環境に優しい選択肢となっています。住宅用以外にも、LPGは工業プロセスで幅広く利用されており、金属切断、ろう付け、はんだ付けなどの用途で重要な燃料として役立っています。産業部門もまた、暖房、乾燥、フォークリフトやその他の機器の燃料源としてLPGに依存しています。農業分野では、作物の乾燥、害虫駆除、農業機械の動力源として、LPGの適応性の恩恵を受けています。さらに、LPGは輸送、特にフリートや公共交通機関において、自動車の代替燃料として重要な役割を果たしています。このように多様な用途があるため、LPGは多用途で求められるエネルギー源として採用が加速し、複数のセクターで需要が増大し、液化石油ガス(LPG)市場の成長に大きく寄与しています。液化石油ガス(LPG)市場予測は、エネルギー需要の増加、インフラの進歩、住宅および商業分野での採用増加の影響を受けた成長軌道を示しています。

新興市場における急速な経済成長

新興市場とその持続的な経済成長は、液化石油ガス(LPG)の需要を牽引する極めて重要な役割を担っています。これらの経済が拡大するにつれて、住宅から工業に至るまで、さまざまな部門に電力を供給するためのエネルギー需要も並行して増加しています。このようなエネルギー需要の高まりには、汎用性が高く手頃な価格のLPGがよく使われます。多くの新興地域、特にアジア、アフリカ、ラテンアメリカでは、LPGが家庭での調理や暖房に好まれるようになり、従来の効率の悪い燃料に取って代わられています。さらに、これらの地域では、製造工程や発電など、さまざまな用途でLPGを利用する企業が増えています。さらに、LPGは持ち運びが可能なため、従来のエネルギー・インフラへのアクセスが限られている遠隔地や非電化地域にとって便利なエネルギー源となっています。アクセスが容易で設置コストが比較的低いため、こうした十分なサービスを受けていない地域のコミュニティや企業のエネルギー・ニーズを満たす理想的なソリューションとなり、市場の成長を後押ししています。

目次

第1章 序文

第2章 調査範囲と調査手法

  • 調査の目的
  • ステークホルダー
  • データソース
    • 一次情報
    • 二次情報
  • 市場推定
    • ボトムアップアプローチ
    • トップダウンアプローチ
  • 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

第5章 世界液化石油ガス(LPG)市場

  • 市場概要
  • 市場実績
  • COVID-19の影響
  • 市場予測

第6章 市場内訳:供給源別

  • 製油所
  • 随伴ガス
  • 非随伴ガス

第7章 市場内訳:用途別

  • 住宅
  • 商業
  • 製油所および石油化学
  • 輸送機関
  • その他

第8章 市場内訳:供給モード別

  • パッケージ
  • バルクとオンサイト

第9章 市場内訳:地域別

  • 北米
    • 米国
    • カナダ
  • アジア太平洋地域
    • 中国
    • 日本
    • インド
    • 韓国
    • オーストラリア
    • インドネシア
    • その他
  • 欧州
    • ドイツ
    • フランス
    • 英国
    • イタリア
    • スペイン
    • ロシア
    • その他
  • ラテンアメリカ
    • ブラジル
    • メキシコ
    • その他
  • 中東・アフリカ

第10章 SWOT分析

第11章 バリューチェーン分析

第12章 ポーターのファイブフォース分析

第13章 価格分析

第14章 競合情勢

  • 市場構造
  • 主要企業
  • 主要企業のプロファイル
    • Bharat Petroleum Corporation Limited
    • BP P.L.C.
    • Chevron Corporation
    • China Gas Holdings Ltd.
    • Exxon Mobil Corporation
    • Origin Energy Limited
    • Petroliam Nasional Berhad
    • Phillips 66 Company
    • Repsol S.A.
    • Royal Dutch Shell PLC
    • Valero Energy Corporation
図表

List of Figures

  • Figure 1: Global: Liquefied Petroleum Gas Market: Major Drivers and Challenges
  • Figure 2: Global: Liquefied Petroleum Gas Market: Sales Value (in Billion USD), 2019-2024
  • Figure 3: Global: Liquefied Petroleum Gas Market: Breakup by Source (in %), 2024
  • Figure 4: Global: Liquefied Petroleum Gas Market: Breakup by Application (in %), 2024
  • Figure 5: Global: Liquefied Petroleum Gas Market: Breakup by Supply Mode (in %), 2024
  • Figure 6: Global: Liquefied Petroleum Gas Market: Breakup by Region (in %), 2024
  • Figure 7: Global: Liquefied Petroleum Gas Market Forecast: Sales Value (in Billion USD), 2025-2033
  • Figure 8: Global: Liquefied Petroleum Gas (Refinery) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 9: Global: Liquefied Petroleum Gas (Refinery) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 10: Global: Liquefied Petroleum Gas (Associated Gas) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 11: Global: Liquefied Petroleum Gas (Associated Gas) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 12: Global: Liquefied Petroleum Gas (Non-Associated Gas) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 13: Global: Liquefied Petroleum Gas (Non-Associated Gas) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 14: Global: Liquefied Petroleum Gas (Residential) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 15: Global: Liquefied Petroleum Gas (Residential) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 16: Global: Liquefied Petroleum Gas (Commercial) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 17: Global: Liquefied Petroleum Gas (Commercial) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 18: Global: Liquefied Petroleum Gas (Refinery and Petrochemical) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 19: Global: Liquefied Petroleum Gas (Refinery and Petrochemical) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 20: Global: Liquefied Petroleum Gas (Transportation) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 21: Global: Liquefied Petroleum Gas (Transportation) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 22: Global: Liquefied Petroleum Gas (Other Applications) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 23: Global: Liquefied Petroleum Gas (Other Applications) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 24: Global: Liquefied Petroleum Gas (Packaged) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 25: Global: Liquefied Petroleum Gas (Packaged) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 26: Global: Liquefied Petroleum Gas (Bulk and On-Site) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 27: Global: Liquefied Petroleum Gas (Bulk and On-Site) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 28: North America: Liquefied Petroleum Gas Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 29: North America: Liquefied Petroleum Gas Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 30: United States: Liquefied Petroleum Gas Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 31: United States: Liquefied Petroleum Gas Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 32: Canada: Liquefied Petroleum Gas Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 33: Canada: Liquefied Petroleum Gas Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 34: Asia Pacific: Liquefied Petroleum Gas Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 35: Asia Pacific: Liquefied Petroleum Gas Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 36: China: Liquefied Petroleum Gas Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 37: China: Liquefied Petroleum Gas Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 38: Japan: Liquefied Petroleum Gas Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 39: Japan: Liquefied Petroleum Gas Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 40: India: Liquefied Petroleum Gas Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 41: India: Liquefied Petroleum Gas Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 42: South Korea: Liquefied Petroleum Gas Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 43: South Korea: Liquefied Petroleum Gas Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 44: Australia: Liquefied Petroleum Gas Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 45: Australia: Liquefied Petroleum Gas Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 46: Indonesia: Liquefied Petroleum Gas Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 47: Indonesia: Liquefied Petroleum Gas Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 48: Others: Liquefied Petroleum Gas Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 49: Others: Liquefied Petroleum Gas Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 50: Europe: Liquefied Petroleum Gas Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 51: Europe: Liquefied Petroleum Gas Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 52: Germany: Liquefied Petroleum Gas Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 53: Germany: Liquefied Petroleum Gas Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 54: France: Liquefied Petroleum Gas Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 55: France: Liquefied Petroleum Gas Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 56: United Kingdom: Liquefied Petroleum Gas Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 57: United Kingdom: Liquefied Petroleum Gas Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 58: Italy: Liquefied Petroleum Gas Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 59: Italy: Liquefied Petroleum Gas Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 60: Spain: Liquefied Petroleum Gas Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 61: Spain: Liquefied Petroleum Gas Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 62: Russia: Liquefied Petroleum Gas Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 63: Russia: Liquefied Petroleum Gas Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 64: Others: Liquefied Petroleum Gas Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 65: Others: Liquefied Petroleum Gas Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 66: Latin America: Liquefied Petroleum Gas Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 67: Latin America: Liquefied Petroleum Gas Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 68: Brazil: Liquefied Petroleum Gas Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 69: Brazil: Liquefied Petroleum Gas Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 70: Mexico: Liquefied Petroleum Gas Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 71: Mexico: Liquefied Petroleum Gas Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 72: Others: Liquefied Petroleum Gas Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 73: Others: Liquefied Petroleum Gas Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 74: Middle East and Africa: Liquefied Petroleum Gas Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 75: Middle East and Africa: Liquefied Petroleum Gas Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 76: Global: Liquefied Petroleum Gas Industry: SWOT Analysis
  • Figure 77: Global: Liquefied Petroleum Gas Industry: Value Chain Analysis
  • Figure 78: Global: Liquefied Petroleum Gas Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Liquefied Petroleum Gas Market: Key Industry Highlights, 2024 and 2033
  • Table 2: Global: Liquefied Petroleum Gas Market Forecast: Breakup by Source (in Million USD), 2025-2033
  • Table 3: Global: Liquefied Petroleum Gas Market Forecast: Breakup by Application (in Million USD), 2025-2033
  • Table 4: Global: Liquefied Petroleum Gas Market Forecast: Breakup by Supply Mode (in Million USD), 2025-2033
  • Table 5: Global: Liquefied Petroleum Gas Market Forecast: Breakup by Region (in Million USD), 2025-2033
  • Table 6: Global: Liquefied Petroleum Gas Market: Competitive Structure
  • Table 7: Global: Liquefied Petroleum Gas Market: Key Players
目次
Product Code: SR112025A2773

The global liquefied petroleum gas (LPG) market size reached USD 144.8 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 197.3 Billion by 2033, exhibiting a growth rate (CAGR) of 3.32% during 2025-2033. The market is experiencing steady growth driven by the increasing adoption of LPG as a cleaner and versatile energy source for cooking, heating, and transportation, rising demand for LPG in the petrochemical industry for use as a feedstock, and the implementation of stringent environmental regulations promoting the use of cleaner-burning fuels.

Liquefied Petroleum Gas (LPG) Market Trends:

Rising environmental concerns and clean energy transition

Environmental concerns and clean energy transition are major drivers of the liquefied petroleum gas (LPG) market as heightened global awareness of environmental issues, particularly concerning air quality and greenhouse gas emissions, has propelled a collective push toward cleaner energy sources. This has accelerated the adoption of LPG as a cleaner-burning fuel when compared to other fossil fuels like coal and oil. Its combustion releases fewer harmful pollutants and carbon emissions, making it an attractive choice for various applications. In line with international commitments to reduce carbon footprints, governments and industries worldwide are actively seeking eco-friendly energy solutions. LPG aligns with these sustainability goals, finding applications in residential heating, cooking, and transportation. Its utilization reduces air pollutants and contributes to lower greenhouse gas emissions, which is essential for mitigating climate change. As a result, there has been a rise in the demand for LPG as an environmentally responsible energy source, underlining its crucial role in the global transition toward cleaner, more sustainable energy options. The liquefied petroleum gas (LPG) market demand is increasing, driven by its widespread use in heating, cooking, and automotive fuel, alongside its recognition as a cleaner alternative to traditional fossil fuels.

Increasing versatile applications across industries

LPG is gaining immense traction in the energy landscape due to its versatility and extensive range of applications across various industries. In the residential sector, LPG is a popular choice for heating homes and providing an efficient source for cooking. Its clean-burning properties make it an environmentally friendly option for household energy needs. Beyond residential use, LPG finds extensive applications in industrial processes, where it serves as a crucial fuel for applications such as metal cutting, brazing, and soldering. The industrial sector also relies on LPG for heating, drying, and as a fuel source for forklifts and other equipment. Agriculture benefits from LPG's adaptability, employing it for crop drying, pest control, and as a source of power for agricultural machinery. Additionally, LPG plays a vital role in transportation as an alternative fuel for vehicles, particularly in fleets and public transportation. This diverse array of applications has accelerated the adoption of LPG as a versatile and sought-after energy source, augmenting its demand across multiple sectors and contributing significantly to liquefied petroleum gas (LPG) market growth. The liquefied petroleum gas (LPG) market forecast indicates a trajectory of growth influenced by rising energy demands, advancements in infrastructure, and increasing adoption in residential and commercial sectors.Top of Form

Rapid economic growth in emerging markets

Emerging markets and their sustained economic growth play a pivotal role in driving the demand for Liquefied Petroleum Gas (LPG). As these economies expand, there is a parallel increase in energy requirements to power various sectors, from residential to industrial. This heightened energy demand is often met by LPG owing to its versatility and affordability. In many emerging regions, particularly in Asia, Africa, and Latin America, LPG has become a preferred choice for cooking and heating in households, replacing traditional and often less efficient fuels. Additionally, businesses in these areas increasingly rely on LPG for various applications, including manufacturing processes and power generation. Moreover, LPG's portable nature makes it a convenient energy source for remote and off-grid areas, where access to traditional energy infrastructure may be limited. Its accessibility and relatively low installation costs make it an ideal solution to meet the energy needs of communities and businesses in these underserved regions, thus propelling market growth.

Liquefied Petroleum Gas (LPG) Industry Segmentation:

Breakup by Source:

  • Refinery
  • Associated Gas
  • Non-Associated Gas

Non-associated gas accounts for the majority of the market share

Non-associated gas, typically found independently of oil reservoirs, dominates the LPG market as a primary source. It is obtained from natural gas fields and processed to extract LPG. Non-associated gas offers a significant advantage as a dedicated source of LPG, often yielding higher purity and quality. Its prominence in the market is strengthened by its reliability, efficiency, and lower environmental impact, aligning with the growing demand for cleaner-burning fuels and sustainability efforts. This source ensures a consistent and robust supply of LPG to meet diverse industrial, residential, and transportation needs, making it the dominant driver of the LPG market.

Refineries are a significant source of LPG production, primarily as a byproduct of the crude oil refining process. During refining, LPG is separated from other hydrocarbons and gases through distillation and fractionation processes. Refineries play a crucial role in supplying LPG for numerous domestic, industrial, and commercial applications. They are a consistent and reliable source of LPG, ensuring a stable supply to meet the growing demand for this versatile energy source.

Associated gas, often found alongside crude oil deposits, contributes to LPG production. When oil is extracted, associated gas is released and can be captured and processed to extract LPG. This source is particularly prevalent in oil-rich regions, where associated gas is a valuable resource. It provides an additional supply of LPG, supporting the market's growth and serving as a complementary source to refineries.

Breakup by Application:

  • Residential
  • Commercial
  • Refinery and Petrochemical
  • Transportation
  • Others

Residential holds the largest share in the industry

Residential applications dominate the market as LPG is extensively used in households for cooking, heating, and as a portable energy source. Its popularity in residential areas stems from its clean-burning properties, convenience, and accessibility, making it a preferred choice for millions of households globally. The reliable supply and versatility of LPG for various household needs solidify its position as a dominant driver in the market.

Commercial establishments, including restaurants, hotels, and industrial kitchens, drive the demand for LPG. It serves as a primary energy source for cooking, heating, and hot water supply in these settings. The versatility of LPG in catering to high-demand commercial operations makes it an essential choice. Furthermore, the efficient combustion and reduced environmental impact of LPG that align with commercial establishments' sustainability goals is offering a favorable liquified petroleum gas (LPG) market outlook.

The refinery and petrochemical sector plays a crucial role in the market by utilizing LPG as a feedstock and fuel source. LPG is an essential component in various refining processes and petrochemical manufacturing, particularly for producing chemicals, plastics, and as a fuel for industrial operations. The sector's consistent demand for LPG as a versatile and efficient energy source reinforces its position as a key driver in the market.

LPG is also used as an alternative fuel source in transportation, including vehicles and fleets. While its influence on the market is notable, it holds a relatively smaller share compared to residential and commercial applications. LPG-powered vehicles offer reduced emissions and cost-effective transportation solutions, contributing to its escalating demand in specific regions and sectors. While important, the transportation segment is eclipsed by the dominant demand generated by residential applications in the LPG market.

Breakup by Supply Mode:

  • Packaged
  • Bulk and On-site

Packaged LPG supply mode involves distributing LPG in smaller containers, typically cylinders or tanks, for residential, commercial, and small-scale industrial use. It is a fundamental driver of the LPG market, especially in residential applications where cylinders are commonly used for cooking and heating. The packaged supply mode offers convenience, easy distribution, and accessibility, making it an ideal choice for end-users who require portable and manageable quantities of LPG. It caters to a broad customer base, ensuring a steady demand for LPG and contributing significantly to market growth.

Bulk and on-site supply of LPG involves delivering larger quantities of LPG directly to industrial, commercial, and institutional facilities, often stored in large tanks or vessels. This supply mode serves as a crucial driver in the LPG market, particularly for industries with substantial energy requirements. It ensures a consistent and uninterrupted source of LPG, making it essential for manufacturing, petrochemical, and refinery operations. Bulk and on-site supply mode is valued for its efficiency, cost-effectiveness, and reduced logistical complexities, supporting diverse industrial and commercial energy needs.

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

Europe leads the market, accounting for the largest liquefied petroleum gas (LPG) market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, Others); Latin America (Brazil, Mexico, Others); and the Middle East and Africa. According to the report, Europe accounted for the largest market share.

Europe dominates the LPG market as a leader in its adoption and usage as countries such as Germany, France, the United Kingdom, and Italy have well-established LPG infrastructure. The heightening focus of Europe on reducing carbon emissions has accelerated LPG adoption, particularly for residential heating and automotive fuel. The region's commitment to sustainability, coupled with extensive LPG distribution networks, positions Europe as a dominant driver in the global LPG market. The liquefied petroleum gas (LPG) market research provides comprehensive insights, highlighting trends, driving factors, and future opportunities in the evolving landscape of energy consumption.

North America plays a pivotal role in driving the LPG market as the United States and Canada have well-established LPG infrastructure, and LPG is widely used for residential heating, cooking, and as an automotive fuel. The region also sees significant LPG demand in industrial and agricultural sectors. North America's commitment to cleaner energy sources and the continued expansion of LPG applications in various sectors contribute to its influence in the market.

The Asia Pacific region comprises key countries like China, Japan, India, South Korea, and Australia. Rapid urbanization, population growth, and increasing disposable incomes drive LPG demand in residential and commercial sectors. Additionally, Asia Pacific's industrial and automotive applications for LPG continue to expand, aligning with the region's efforts to adopt cleaner fuels and reduce emissions.

Latin America is a stimulating the growth of LPG market as Brazil and Mexico are witnessing increasing LPG demand for residential cooking and heating, supported by government programs to expand access to LPG in rural areas. Additionally, Latin America's industrial sector employs LPG for various processes, contributing to its significance in driving the market growth.

The Middle East, in particular, represents a significant LPG producer and exporter, supplying LPG to global markets. Local demand is also rising, with LPG being used for cooking, heating, and transportation. Africa, with its expanding population and urbanization, presents opportunities for increased LPG usage, contributing to the region's impact on the global LPG market's dynamics.

Leading Key Players in the Liquefied Petroleum Gas (LPG) Industry:

The key players in the market are actively engaging in various strategies to enhance their market presence and adapt to evolving industry dynamics. These strategies include expanding their LPG production and distribution networks, investing in research and development (R&D) activities to improve LPG-related technologies and applications, and entering strategic partnerships and acquisitions to strengthen their market position. Additionally, many key players are focusing on sustainability by promoting the use of LPG as a cleaner and greener energy source, aligning with global efforts to reduce emissions and combat climate change. They are also exploring new markets, particularly in emerging economies, to tap into growing LPG demand. Overall, these leading industry leaders are committed to ensuring a stable supply of LPG while embracing innovation and sustainability to meet the changing needs of customers and the market. The liquified petroleum gas (LPG) market revenue is projected to rise significantly, driven by increased adoption in various sectors, expanding infrastructure, and the ongoing shift towards cleaner energy sources

The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

  • Bharat Petroleum Corporation Limited
  • BP P.L.C.
  • Chevron Corporation
  • China Gas Holdings Ltd.
  • Exxon Mobil Corporation
  • Origin Energy Limited
  • Petroliam Nasional Berhad
  • Phillips 66 Company
  • Repsol S.A.
  • Royal Dutch Shell PLC
  • Valero Energy Corporation

Key Questions Answered in This Report

  • 1.What was the size of the global liquefied petroleum gas (LPG) market in 2024?
  • 2.What is the expected growth rate of the global liquefied petroleum gas (LPG) market during 2025-2033?
  • 3.What are the key factors driving the global liquefied petroleum gas (LPG) market?
  • 4.What has been the impact of COVID-19 on the global liquefied petroleum gas (LPG) market?
  • 5.What is the breakup of the global liquefied petroleum gas (LPG) market based on the source?
  • 6.What is the breakup of the global liquefied petroleum gas (LPG) market based on the application?
  • 7.What are the key regions in the global liquefied petroleum gas (LPG) market?
  • 8.Who are the key players/companies in the global liquefied petroleum gas (LPG) market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Liquefied Petroleum Gas (LPG) Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Source

  • 6.1 Refinery
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Associated Gas
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Non-Associated Gas
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast

7 Market Breakup by Application

  • 7.1 Residential
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Commercial
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Refinery and Petrochemical
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast
  • 7.4 Transportation
    • 7.4.1 Market Trends
    • 7.4.2 Market Forecast
  • 7.5 Others
    • 7.5.1 Market Trends
    • 7.5.2 Market Forecast

8 Market Breakup by Supply Mode

  • 8.1 Packaged
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Bulk and On-Site
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast

9 Market Breakup by Region

  • 9.1 North America
    • 9.1.1 United States
      • 9.1.1.1 Market Trends
      • 9.1.1.2 Market Forecast
    • 9.1.2 Canada
      • 9.1.2.1 Market Trends
      • 9.1.2.2 Market Forecast
  • 9.2 Asia Pacific
    • 9.2.1 China
      • 9.2.1.1 Market Trends
      • 9.2.1.2 Market Forecast
    • 9.2.2 Japan
      • 9.2.2.1 Market Trends
      • 9.2.2.2 Market Forecast
    • 9.2.3 India
      • 9.2.3.1 Market Trends
      • 9.2.3.2 Market Forecast
    • 9.2.4 South Korea
      • 9.2.4.1 Market Trends
      • 9.2.4.2 Market Forecast
    • 9.2.5 Australia
      • 9.2.5.1 Market Trends
      • 9.2.5.2 Market Forecast
    • 9.2.6 Indonesia
      • 9.2.6.1 Market Trends
      • 9.2.6.2 Market Forecast
    • 9.2.7 Others
      • 9.2.7.1 Market Trends
      • 9.2.7.2 Market Forecast
  • 9.3 Europe
    • 9.3.1 Germany
      • 9.3.1.1 Market Trends
      • 9.3.1.2 Market Forecast
    • 9.3.2 France
      • 9.3.2.1 Market Trends
      • 9.3.2.2 Market Forecast
    • 9.3.3 United Kingdom
      • 9.3.3.1 Market Trends
      • 9.3.3.2 Market Forecast
    • 9.3.4 Italy
      • 9.3.4.1 Market Trends
      • 9.3.4.2 Market Forecast
    • 9.3.5 Spain
      • 9.3.5.1 Market Trends
      • 9.3.5.2 Market Forecast
    • 9.3.6 Russia
      • 9.3.6.1 Market Trends
      • 9.3.6.2 Market Forecast
    • 9.3.7 Others
      • 9.3.7.1 Market Trends
      • 9.3.7.2 Market Forecast
  • 9.4 Latin America
    • 9.4.1 Brazil
      • 9.4.1.1 Market Trends
      • 9.4.1.2 Market Forecast
    • 9.4.2 Mexico
      • 9.4.2.1 Market Trends
      • 9.4.2.2 Market Forecast
    • 9.4.3 Others
      • 9.4.3.1 Market Trends
      • 9.4.3.2 Market Forecast
  • 9.5 Middle East and Africa
    • 9.5.1 Market Trends
    • 9.5.2 Market Breakup by Country
    • 9.5.3 Market Forecast

10 SWOT Analysis

  • 10.1 Overview
  • 10.2 Strengths
  • 10.3 Weaknesses
  • 10.4 Opportunities
  • 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

  • 12.1 Overview
  • 12.2 Bargaining Power of Buyers
  • 12.3 Bargaining Power of Suppliers
  • 12.4 Degree of Competition
  • 12.5 Threat of New Entrants
  • 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

  • 14.1 Market Structure
  • 14.2 Key Players
  • 14.3 Profiles of Key Players
    • 14.3.1 Bharat Petroleum Corporation Limited
      • 14.3.1.1 Company Overview
      • 14.3.1.2 Product Portfolio
      • 14.3.1.3 Financials
      • 14.3.1.4 SWOT Analysis
    • 14.3.2 BP P.L.C.
      • 14.3.2.1 Company Overview
      • 14.3.2.2 Product Portfolio
      • 14.3.2.3 Financials
      • 14.3.2.4 SWOT Analysis
    • 14.3.3 Chevron Corporation
      • 14.3.3.1 Company Overview
      • 14.3.3.2 Product Portfolio
      • 14.3.3.3 Financials
      • 14.3.3.4 SWOT Analysis
    • 14.3.4 China Gas Holdings Ltd.
      • 14.3.4.1 Company Overview
      • 14.3.4.2 Product Portfolio
      • 14.3.4.3 Financials
    • 14.3.5 Exxon Mobil Corporation
      • 14.3.5.1 Company Overview
      • 14.3.5.2 Product Portfolio
      • 14.3.5.3 Financials
      • 14.3.5.4 SWOT Analysis
    • 14.3.6 Origin Energy Limited
      • 14.3.6.1 Company Overview
      • 14.3.6.2 Product Portfolio
      • 14.3.6.3 Financials
      • 14.3.6.4 SWOT Analysis
    • 14.3.7 Petroliam Nasional Berhad
      • 14.3.7.1 Company Overview
      • 14.3.7.2 Product Portfolio
      • 14.3.7.3 SWOT Analysis
    • 14.3.8 Phillips 66 Company
      • 14.3.8.1 Company Overview
      • 14.3.8.2 Product Portfolio
      • 14.3.8.3 Financials
      • 14.3.8.4 SWOT Analysis
    • 14.3.9 Repsol S.A.
      • 14.3.9.1 Company Overview
      • 14.3.9.2 Product Portfolio
      • 14.3.9.3 Financials
    • 14.3.10 Royal Dutch Shell PLC
      • 14.3.10.1 Company Overview
      • 14.3.10.2 Product Portfolio
      • 14.3.10.3 Financials
    • 14.3.11 Valero Energy Corporation
      • 14.3.11.1 Company Overview
      • 14.3.11.2 Product Portfolio
      • 14.3.11.3 Financials
      • 14.3.11.4 SWOT Analysis