Liquefied Petroleum Gas (LPG) Market By End Use (Residential, Chemical, Industrial, Auto Fuel, Refinery), By Source (Natural Gas Well, Refinery) - Growth, Future Prospects And Competitive Analysis, 2016 - 2024

This report titled “Liquefied Petroleum Gas (LPG) Market - Growth, Future Prospects, and Competitive Analysis, 2016 – 2024” offers strategic insights into the trends in LPG market along with the market size and forecast for the duration 2013 to 2024. The said research study incorporates in-depth analysis of multiple market segments based on source, end use and geographical distribution.

The global liquefied petroleum gas (LPG) market is becoming increasingly competitive with growing number of mergers and collaborations between market players to reach full capabilities and gain international footprint. In addition, several players are also focused on developing their niche in the market. Rapid growth of this market has also resulted in creating further skilled job opportunities in major hubs spread across North America, Europe, Latin America and Asia Pacific.  

Based on source, the global LPG market is categorized into natural gas well and refinery. On the basis of end use, the global LPG market is segmented into residential, chemical, industrial, auto fuel, refinery and others (Agriculture). In addition, oil producing companies, LPG refining companies and academic organizations form the major client types for LPG market. Market size (US$ Bn) (Mn Tons) and forecast for all the considered segmentation is presented in this report for the period 2013-2024 along with their respective CAGRs (%) for the forecast period 2016-2024.

In terms of geographical distribution, the global LPG is studies for five major regions namely, North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Market size and forecast for each regional and country-level market are included in the report for the considered periods. To further elucidate, the geographical distribution of the global LPG market is performed as follows:

• North America
  • U.S.
  • Canada
• Europe
  • U.K.
  • Russia
  • Germany
  • Rest of Europe
• Asia-Pacific
  • Australia
  • Japan
  • China
  • Indonesia
  • Rest of Asia-Pacific
• Middle East and Africa (MEA)
  • GCC
  • Rest of MEA
• Latin America
  • Argentina
  • Brazil
  • Mexico
  • Rest of Latin America

Along with the quantitative information sets, this report also provides qualitative information such as market dynamics and executive summary for the global LPG market. Tools such as competition assessment and attractive investment proposition are also included in the report to provide the readers with competitive mapping assistance. This study concludes with company profiles section. This section includes major information about the key companies engaged in development, and provision of LPG.

1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted

2. Executive Summary
2.1. Global LPG Market Snapshot
2.1.1. Global LPG Market by Source, 2015
2.1.2. Global LPG Market by End Use, 2015
2.1.3. Global LPG Market by Geography, 2015
2.1.4. Market Drivers, Challenges and Trends

3. Global LPG Market Dynamics
3.1. Market Overview
3.2. Value Chain Analysis
3.3. Drivers
3.4. Challenges
3.5. Future Prospects
3.6. Impact Analysis of Drivers and Challenges
3.7. Porter’s Five Force Analysis
3.7.1. Bargaining Power Of Suppliers
3.7.2. Bargaining Power Of Buyers
3.7.3. Threat Of Substitutes
3.7.4. Threat Of New Entrants
3.7.5. Industry Rivalry

4. Global LPG Market Size (US$ Mn) (Mn Tons), By Source, 2013 – 2024
4.1. Overview
4.1.1. Market Share Analysis by Source, 2015 vs. 2024
4.1.2. Attractive Investment Proportion by Source
4.2. Natural Gas Well
4.3. Refinery

5. Global LPG Market Size (US$ Mn) (Mn Tons), By End Use, 2013 – 2024
5.1. Overview
5.1.1. Market Share Analysis by End Use, 2015 vs. 2024
5.1.2. Attractive Investment Proportion by End Use
5.2. Residential
5.3. Chemical
5.4. Industrial
5.5. Auto fuel
5.6. Refinery
5.7. Others (Agriculture)

6. Global LPG Market Size (US$ Mn) (Mn Tons), By Geography, 2013 – 2024
6.1. Overview
6.1.1. Market Share Analysis by Geography, 2015 vs. 2024
6.1.2. Attractive Investment Proportion by Geography
6.2. North America LPG Market Analysis, 2013 – 2024
6.2.1. North America LPG Market Size (US$ Mn) (Mn Tons) , By Country, 2013 – 2024
6.2.1.1. U.S.
6.2.1.2. Canada
6.2.2. North America LPG Market Size (US$ Mn) (Mn Tons), By Source, 2013 – 2024
6.2.2.1. Natural Gas Well
6.2.2.2. Refinery
6.2.3. North America LPG Market Size (US$ Mn) (Mn Tons), By End Use, 2013 – 2024
6.2.3.1. Residential
6.2.3.2. Chemical
6.2.3.3. Industrial
6.2.3.4. Auto fuel
6.2.3.5. Refinery
6.2.3.6. Others (Agriculture)
6.3. Europe LPG Market Analysis, 2013 – 2024
6.3.1. Europe LPG Market Size (US$ Mn) (Mn Tons), By Country, 2013 – 2024
6.3.1.1. Russia
6.3.1.2. U.K
6.3.1.3. Rest of Europe
6.3.2. Europe LPG Market Size (US$ Mn) (Mn Tons), By Source, 2013 – 2024
6.3.2.1. Natural Gas Well
6.3.2.2. Refinery
6.3.3. Europe LPG Market Size (US$ Mn) (Mn Tons), By End Use, 2013 – 2024
6.3.3.1. Residential
6.3.3.2. Chemical
6.3.3.3. Industrial
6.3.3.4. Auto fuel
6.3.3.5. Refinery
6.3.3.6. Others (Agriculture)
6.4. Asia Pacific LPG Market Analysis, 2013 – 2024
6.4.1. Asia Pacific LPG Market Size (US$ Mn) (Mn Tons), By Country, 2013 – 2024
6.4.1.1. Japan
6.4.1.2. China
6.4.1.3. India
6.4.1.4. Rest of Asia Pacific
6.4.2. Asia Pacific LPG Market Size (US$ Mn) (Mn Tons), By Source, 2013 – 2024
6.4.2.1. Natural Gas Well
6.4.2.2. Refinery
6.4.3. Asia Pacific LPG Market Size (US$ Mn) (Mn Tons), By End Use, 2013 – 2024
6.4.3.1. Residential
6.4.3.2. Chemical
6.4.3.3. Industrial
6.4.3.4. Auto fuel
6.4.3.5. Refinery
6.4.3.6. Others (Agriculture)
6.5. Latin America LPG Market Analysis, 2013 – 2024
6.5.1. Latin America LPG Market Size (US$ Mn) (Mn Tons), By Country, 2013 – 2024
6.5.1.1. Brazil
6.5.1.2. Mexico
6.5.1.3. Rest of Latin America
6.5.2. Latin America LPG Market Size (US$ Mn) (Mn Tons), By Source, 2013 – 2024
6.5.2.1. Natural Gas Well
6.5.2.2. Refinery
6.5.3. Latin America LPG Market Size (US$ Mn) (Mn Tons), By End Use, 2013 – 2024
6.5.3.1. Residential
6.5.3.2. Chemical
6.5.3.3. Industrial
6.5.3.4. Auto fuel
6.5.3.5. Refinery
6.5.3.6. Others (Agriculture)
6.6. Middle East & Africa (MEA) LPG Market Analysis, 2013 – 2024
6.6.1. MEA LPG Market Size (US$ Mn) (Mn Tons), By Country, 2013 – 2024
6.6.1.1. GCC
6.6.1.2. Rest of MEA
6.6.2. MEA LPG Market Size (US$ Mn) (Mn Tons), By Source, 2013 – 2024
6.6.2.1. Natural Gas Well
6.6.2.2. Refinery
6.6.3. MEA LPG Market Size (US$ Mn) (Mn Tons), By End Use, 2013 – 2024
6.6.3.1. Residential
6.6.3.2. Chemical
6.6.3.3. Industrial
6.6.3.4. Auto fuel
6.6.3.5. Refinery
6.6.3.6. Others (Agriculture)

7. Company Profiles
7.1. Competitive Dashboard
7.2. Key Players
7.2.1. British Petroleum plc.
7.2.1.1. Business Description
7.2.1.2. Financial Information
7.2.1.3. Product Positions/Portfolio
7.2.1.4. Key Developments
7.2.1.5. SWOT Analysis
7.2.2. Exxon Mobil Corporation
7.2.3. Royal Dutch Shell plc.
7.2.4. UGI Corporation
7.2.5. Phillips 66
7.2.6. Chevron
7.2.7. Reliance Industries Ltd. (RIL)
7.2.8. Total SA
7.2.9. Qatargas Operating Company Limited
7.2.10. Petróleos de Venezuela, S.A.
7.2.11. Oman Oil Company.
7.2.12. Origin Energy Limited
7.2.13. Kleenheat Gas Pty Limited
7.2.14. China Gas Holdings Limited
7.2.15. Copagaz Distribuidora De Gas Ltd
7.2.16. Repsol S.A.
7.2.17. Sinopec Corp.
7.2.18. Bharat Petroleum Corporation Ltd. (BPCL)
7.2.19. Other Notable Players

List Of Table :

Table 01: Global LPG Market Revenue (US$ Mn) & Volume (Mn Tons) Forecast by Source, 2013-2024
Table 02: Global LPG Market Revenue (US$ Mn) & Volume (Mn Tons) Forecast by End Use, 2013-2024
Table 03: Global LPG Market Revenue (US$ Mn) & Volume (Mn Tons) Forecast, by Geography, 2013-2024
Table 04: North America LPG Market Revenue (US$ Mn) & Volume (Mn Tons) Forecast, by Country, 2013-2024
Table 05: North America LPG Market Revenue (US$ Mn) & Volume (Mn Tons) Forecast, by Source, 2013-2024
Table 06: North America LPG Market Revenue (US$ Mn) & Volume (Mn Tons) Forecast, by End Use, 2013-2024
Table 07: Europe LPG Market Revenue (US$ Mn) & Volume (Mn Tons) Forecast, by Country, 2013-2024
Table 08: Europe LPG Market Revenue (US$ Mn) & Volume (Mn Tons) Forecast, by Source, 2013-2024
Table 09: Europe LPG Market Revenue (US$ Mn) & Volume (Mn Tons) Forecast, by End Use, 2013-2024
Table 10: Asia Pacific LPG Market Revenue (US$ Mn) & Volume (Mn Tons) Forecast, by Country, 2013-2024
Table 11: Asia Pacific LPG Market Revenue (US$ Mn) & Volume (Mn Tons) Forecast, by Source, 2013-2024
Table 12: Asia Pacific LPG Market Revenue (US$ Mn) & Volume (Mn Tons) Forecast, by End Use, 2013-2024
Table 13: Latin America LPG Market Revenue (US$ Mn) & Volume (Mn Tons) Forecast, by Country, 2013-2024
Table 14: Latin America LPG Market Revenue (US$ Mn) & Volume (Mn Tons) Forecast, by Source, 2013-2024
Table 15: Latin America LPG Market Revenue (US$ Mn) & Volume (Mn Tons) Forecast, by End Use, 2013-2024
Table 16: Middle East & Africa LPG Market Revenue (US$ Mn) & Volume (Mn Tons) Forecast, by Country, 2013-2024
Table 17: Middle East & Africa LPG Market Revenue (US$ Mn) & Volume (Mn Tons) Forecast, by Source, 2013-2024
Table 18: Middle East & Africa LPG Market Revenue (US$ Mn) & Volume (Mn Tons) Forecast, by End Use, 2013-2024
Table 19: British Petroleum plc: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 20: Chevron: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 21: Royal Dutch Shell plc: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 22: UGI Corporation: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 23: Phillips 66: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 24: Reliance Industries Ltd. (RIL): Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 25: Total SA: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 26: Qatargas: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 27: Petroleos de Venezuela: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 28: Oman Oil Company: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 29: Origin Energy: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 30: Kleenheat Gas Pty Limited: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 31: China Gas Holdings Limited: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 32: Copagaz Distribuidora De Gas Ltd.: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 33: Repsol S.A.: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 34: Sinopec.: Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)
Table 35: Bharat Petroleum Corporation Ltd. (BPCL): Company Snapshot (Business Description; Financial Performance Analysis; Product Portfolio; SWOT Analysis; Key Developments)

List Of Figure :

Figure 01: Global LPG Market Revenue (US$ Mn) & Volume (Mn Tons) Forecast, 2013-2024
Figure 02: Global LPG Market Share (%) by Source, 2016 vs. 2024
Figure 03: Global LPG Market Investment Proportion by Source, 2016
Figure 04: Global LPG Market Share (%) by End Use, 2016 vs. 2024
Figure 05: Global LPG Market Investment Proportion by End Use, 2016
Figure 06: Global LPG Market Share Analysis (%) by Geography, 2016 vs. 2024
Figure 07: Global LPG Market Investment Proportion by Geography, 2016
Figure 08: North America LPG Market Investment Proportion by Country, 2016
Figure 09: Europe LPG Market Investment Proportion by Country, 2016
Figure 10: Asia Pacific LPG Market Investment Proportion by Country, 2016
Figure 11: Latin America LPG Market Investment Proportion by Country, 2016
Figure 12: Middle East & Africa LPG Market Investment Proportion by Country, 2016

Based on the end use, the global LPG market is segmented as follows:

•  Residential
• Chemical
• Industrial
• Auto fuel
• Refinery
• Others (Agriculture)

Global LPG market is categories on the basis of end use. Among end use, residential segment was the most dominant segment in 2015 and anticipated to continue its dominance of over the forecast period. Residential segment was observed to be the largest segment in 2016 in liquefied petroleum gas (LPG) market owing to wide adoption of the LPG as a cooking fuel. Increasing penetration of LPG as cooking fuel in key consuming economies such as India and China is projected to drive the growth of the segment. According to Petroleum Planning and Analysis Cell (PPAC), the total consumption of LPG was 19.6mt in 2015. Further, in 2015, Nigeria witnessed 100% increase in domestic consumption of LPG. The segment is anticipated to grow at significant rate and projected to maintain its dominance over the forecast period (2016-2024). Followed by it, chemical segment was the second largest segment in the global LPG market. LPG can be converted into ethylene, propylene, butylene, butadiene, etc. to produce synthetic plastic, synthetic fibre, synthetic rubber, explosives, dyestuff, and pharmaceuticals, etc. Given the wide array of application in chemical industry and growing demand for plastics, rubber, fibre and others is anticipated to drive the growth of the segment during the forecast period (2016-2023). Auto fuel segment is projected to be the fastest growing segment in the global LPG market. Increasing adoption of LPG due to its associated advantages of LPG as fuel in terms of greenhouse gases emission as well as cost-effectiveness of LPG as auto fuel is influencing consumers to adopt LPG as alternative transportation fuel. This in turn is expected to augment the growth of the segment during the forecast period (2016-2024).

Based on the source, the global liquefied petroleum gas (LPG) market is segmented as follows:

• Natural Gas Well
• Refinery

Global LPG market is categories on the basis of Source. Among Source, natural gas well was the most dominant segment in 2016 and anticipated to continue its dominance of over the forecast period. Increasing exploration and production of natural gas reserves along with exploration and production of non-conventional shale gas reserves is anticipated to drive the growth of the segment during the forecast period (2016-2024). However, advancement in technology and growth in capacity expansion of refineries fueling the production of LPG in refineries which in turn is projected to drive the growth of refinery segment during the forecast period. The segment is anticipated to witness steady growth over the forecast period (2016-2024).

For the purpose of this study, the global liquefied petroleum gas (LPG) market is categorized into:

• North America
• Europe
• Asia Pacific  
• Latin America (LATAM)
• Middle East and Africa (MEA)

In 2015, Asia Pacific was observe to be the most dominant region in global liquefied petroleum gas (LPG) market. The region accounted for over 40% of the global LPG consumption. Growing demand for cooking gas from residential sector coupled with various government initiatives such as subsidy to increase penetration of LPG as cooking fuel in emerging economies such as China and India influencing consumers to replace conventional cooking fuels such as wood, kerosene, coal. Further, increasing demand for LPG auto fuel due to growing awareness about the associated advantages of LPG as fuel in terms of greenhouse gases emission as well as cost-effectiveness of LPG as auto fuel is influencing consumers to adopt LPG as alternative transportation fuel. The region is also projected to witness highest growth over the forecast period (2016-2024).