Liquefied Petroleum Gas (LPG) Market Report – Research, Industry Analysis Reports and Market Demands

Global Liquefied Petroleum Gas (LPG) Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

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Table of Content

1 Market Overview

1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
- 1.3.1 Overview: Global Liquefied Petroleum Gas (LPG) Consumption Value by Type: 2020 Versus 2024 Versus 2031
- 1.3.2 Petroleum Cracking Method
- 1.3.3 Gas Purification Method
1.4 Market Analysis by Application
- 1.4.1 Overview: Global Liquefied Petroleum Gas (LPG) Consumption Value by Application: 2020 Versus 2024 Versus 2031
- 1.4.2 Civil
- 1.4.3 Industrial
- 1.4.4 Others
1.5 Global Liquefied Petroleum Gas (LPG) Market Size & Forecast
- 1.5.1 Global Liquefied Petroleum Gas (LPG) Consumption Value (2020 & 2024 & 2031)
- 1.5.2 Global Liquefied Petroleum Gas (LPG) Sales Quantity (2020-2031)
- 1.5.3 Global Liquefied Petroleum Gas (LPG) Average Price (2020-2031)

2 Manufacturers Profiles

3 Competitive Environment: Liquefied Petroleum Gas (LPG) by Manufacturer

3.1 Global Liquefied Petroleum Gas (LPG) Sales Quantity by Manufacturer (2020-2025)
3.2 Global Liquefied Petroleum Gas (LPG) Revenue by Manufacturer (2020-2025)
3.3 Global Liquefied Petroleum Gas (LPG) Average Price by Manufacturer (2020-2025)
3.4 Market Share Analysis (2024)
- 3.4.1 Producer Shipments of Liquefied Petroleum Gas (LPG) by Manufacturer Revenue ($MM) and Market Share (%): 2024
- 3.4.2 Top 3 Liquefied Petroleum Gas (LPG) Manufacturer Market Share in 2024
- 3.4.3 Top 6 Liquefied Petroleum Gas (LPG) Manufacturer Market Share in 2024
3.5 Liquefied Petroleum Gas (LPG) Market: Overall Company Footprint Analysis
- 3.5.1 Liquefied Petroleum Gas (LPG) Market: Region Footprint
- 3.5.2 Liquefied Petroleum Gas (LPG) Market: Company Product Type Footprint
- 3.5.3 Liquefied Petroleum Gas (LPG) Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

4.1 Global Liquefied Petroleum Gas (LPG) Market Size by Region
- 4.1.1 Global Liquefied Petroleum Gas (LPG) Sales Quantity by Region (2020-2031)
- 4.1.2 Global Liquefied Petroleum Gas (LPG) Consumption Value by Region (2020-2031)
- 4.1.3 Global Liquefied Petroleum Gas (LPG) Average Price by Region (2020-2031)
4.2 North America Liquefied Petroleum Gas (LPG) Consumption Value (2020-2031)
4.3 Europe Liquefied Petroleum Gas (LPG) Consumption Value (2020-2031)
4.4 Asia-Pacific Liquefied Petroleum Gas (LPG) Consumption Value (2020-2031)
4.5 South America Liquefied Petroleum Gas (LPG) Consumption Value (2020-2031)
4.6 Middle East & Africa Liquefied Petroleum Gas (LPG) Consumption Value (2020-2031)

5 Market Segment by Type

5.1 Global Liquefied Petroleum Gas (LPG) Sales Quantity by Type (2020-2031)
5.2 Global Liquefied Petroleum Gas (LPG) Consumption Value by Type (2020-2031)
5.3 Global Liquefied Petroleum Gas (LPG) Average Price by Type (2020-2031)

6 Market Segment by Application

6.1 Global Liquefied Petroleum Gas (LPG) Sales Quantity by Application (2020-2031)
6.2 Global Liquefied Petroleum Gas (LPG) Consumption Value by Application (2020-2031)
6.3 Global Liquefied Petroleum Gas (LPG) Average Price by Application (2020-2031)

7 North America

7.1 North America Liquefied Petroleum Gas (LPG) Sales Quantity by Type (2020-2031)
7.2 North America Liquefied Petroleum Gas (LPG) Sales Quantity by Application (2020-2031)
7.3 North America Liquefied Petroleum Gas (LPG) Market Size by Country
- 7.3.1 North America Liquefied Petroleum Gas (LPG) Sales Quantity by Country (2020-2031)
- 7.3.2 North America Liquefied Petroleum Gas (LPG) Consumption Value by Country (2020-2031)
- 7.3.3 United States Market Size and Forecast (2020-2031)
- 7.3.4 Canada Market Size and Forecast (2020-2031)
- 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

8.1 Europe Liquefied Petroleum Gas (LPG) Sales Quantity by Type (2020-2031)
8.2 Europe Liquefied Petroleum Gas (LPG) Sales Quantity by Application (2020-2031)
8.3 Europe Liquefied Petroleum Gas (LPG) Market Size by Country
- 8.3.1 Europe Liquefied Petroleum Gas (LPG) Sales Quantity by Country (2020-2031)
- 8.3.2 Europe Liquefied Petroleum Gas (LPG) Consumption Value by Country (2020-2031)
- 8.3.3 Germany Market Size and Forecast (2020-2031)
- 8.3.4 France Market Size and Forecast (2020-2031)
- 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
- 8.3.6 Russia Market Size and Forecast (2020-2031)
- 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

9.1 Asia-Pacific Liquefied Petroleum Gas (LPG) Sales Quantity by Type (2020-2031)
9.2 Asia-Pacific Liquefied Petroleum Gas (LPG) Sales Quantity by Application (2020-2031)
9.3 Asia-Pacific Liquefied Petroleum Gas (LPG) Market Size by Region
- 9.3.1 Asia-Pacific Liquefied Petroleum Gas (LPG) Sales Quantity by Region (2020-2031)
- 9.3.2 Asia-Pacific Liquefied Petroleum Gas (LPG) Consumption Value by Region (2020-2031)
- 9.3.3 China Market Size and Forecast (2020-2031)
- 9.3.4 Japan Market Size and Forecast (2020-2031)
- 9.3.5 South Korea Market Size and Forecast (2020-2031)
- 9.3.6 India Market Size and Forecast (2020-2031)
- 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
- 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

10.1 South America Liquefied Petroleum Gas (LPG) Sales Quantity by Type (2020-2031)
10.2 South America Liquefied Petroleum Gas (LPG) Sales Quantity by Application (2020-2031)
10.3 South America Liquefied Petroleum Gas (LPG) Market Size by Country
- 10.3.1 South America Liquefied Petroleum Gas (LPG) Sales Quantity by Country (2020-2031)
- 10.3.2 South America Liquefied Petroleum Gas (LPG) Consumption Value by Country (2020-2031)
- 10.3.3 Brazil Market Size and Forecast (2020-2031)
- 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

11.1 Middle East & Africa Liquefied Petroleum Gas (LPG) Sales Quantity by Type (2020-2031)
11.2 Middle East & Africa Liquefied Petroleum Gas (LPG) Sales Quantity by Application (2020-2031)
11.3 Middle East & Africa Liquefied Petroleum Gas (LPG) Market Size by Country
- 11.3.1 Middle East & Africa Liquefied Petroleum Gas (LPG) Sales Quantity by Country (2020-2031)
- 11.3.2 Middle East & Africa Liquefied Petroleum Gas (LPG) Consumption Value by Country (2020-2031)
- 11.3.3 Turkey Market Size and Forecast (2020-2031)
- 11.3.4 Egypt Market Size and Forecast (2020-2031)
- 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
- 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

12.1 Liquefied Petroleum Gas (LPG) Market Drivers
12.2 Liquefied Petroleum Gas (LPG) Market Restraints
12.3 Liquefied Petroleum Gas (LPG) Trends Analysis
12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

13.1 Raw Material of Liquefied Petroleum Gas (LPG) and Key Manufacturers
13.2 Manufacturing Costs Percentage of Liquefied Petroleum Gas (LPG)
13.3 Liquefied Petroleum Gas (LPG) Production Process
13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
14.2 Liquefied Petroleum Gas (LPG) Typical Distributors
14.3 Liquefied Petroleum Gas (LPG) Typical Customers

15 Research Findings and Conclusion

16 Appendix

16.1 Methodology
16.2 Research Process and Data Source

Description

According to our (Global Info Research) latest study, the global Liquefied Petroleum Gas (LPG) market size was valued at US$ 189560 million in 2024 and is forecast to a readjusted size of USD 243950 million by 2031 with a CAGR of 3.7% during review period.
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.
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%.
This report is a detailed and comprehensive analysis for global Liquefied Petroleum Gas (LPG) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Liquefied Petroleum Gas (LPG) market size and forecasts, in consumption value ($ Million), sales quantity (M MT), and average selling prices (USD/MT), 2020-2031
Global Liquefied Petroleum Gas (LPG) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (M MT), and average selling prices (USD/MT), 2020-2031
Global Liquefied Petroleum Gas (LPG) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (M MT), and average selling prices (USD/MT), 2020-2031
Global Liquefied Petroleum Gas (LPG) market shares of main players, shipments in revenue ($ Million), sales quantity (M MT), and ASP (USD/MT), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Liquefied Petroleum Gas (LPG)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Liquefied Petroleum Gas (LPG) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Saudi Aramco, Sinopec, ADNOC, CNPC, Exxon Mobil, KNPC, Phillips66, Bharat Petroleum, Pemex, Total, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Liquefied Petroleum Gas (LPG) market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Petroleum Cracking Method
Gas Purification Method
Market segment by Application
Civil
Industrial
Others
Major players covered
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
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Liquefied Petroleum Gas (LPG) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Liquefied Petroleum Gas (LPG), with price, sales quantity, revenue, and global market share of Liquefied Petroleum Gas (LPG) from 2020 to 2025.
Chapter 3, the Liquefied Petroleum Gas (LPG) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Liquefied Petroleum Gas (LPG) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Liquefied Petroleum Gas (LPG) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Liquefied Petroleum Gas (LPG).
Chapter 14 and 15, to describe Liquefied Petroleum Gas (LPG) sales channel, distributors, customers, research findings and conclusion.

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