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市場調查報告書
商品編碼
2028186

液化石油氣(LPG)市場規模、佔有率、成長率及全球產業分析:按類型、應用和地區分類,並預測至2026-2034年

LPG [Liquefied petroleum gas] Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2026-2034

出版日期: | 出版商: Fortune Business Insights Pvt. Ltd. | 英文 180 Pages | 商品交期: 2-3個工作天內

價格

液化石油氣(LPG)市場成長要素

受能源需求成長、無污染燃料普及和工業應用拓展的推動,全球液化石油氣(LPG)市場正穩步成長。預計到2025年,該市場規模將達到1,629.8億美元,2026年將成長至1,762.7億美元,到2034年將達到2,732.4億美元,預測期內複合年成長率(CAGR)為6.46%。亞太地區預計將在2025年佔全球市場48.34%的佔有率,這主要得益於強勁的住宅和工業消費。

液化石油氣(LPG)主要成分為丙烷和丁烷,是一種用途廣泛、方便攜帶且燃燒清潔的燃料。其低硫低碳排放使其成為煤炭和石油的環保替代品。液化石油氣廣泛用於烹飪、暖氣、工業鍋爐以及作為石油化學原料。

市場趨勢

影響液化石油氣市場的關鍵趨勢之一是汽車燃氣(LPG)需求的成長。全球約有2780萬輛汽車使用液化石油氣作為燃料,使其成為應用最廣泛的替代燃料之一。各國政府鼓勵使用清潔燃料的獎勵正在加速車用汽車燃氣的普及,尤其是在歐洲和亞洲。

另一個新趨勢是人們對「生物液化石油氣」(bio-LPG)的日益關注,這是一種利用有機廢棄物生產的可再生石油氣。與傳統燃料相比,生物液化石油氣可減少70-80%的二氧化碳排放,隨著各國朝著淨零排放目標邁進,其需求也不斷增加。

市場促進因素

市場的主要促進因素如下:

  • 住宅需求增加:液化石油氣被廣泛用作烹飪燃料,在城市燃氣基礎設施不發達的地區尤其受歡迎。
  • 工業應用:廣泛應用於鍋爐、金屬加工、食品製造、化學產品製造等領域。
  • 環境優勢:由於其排放量比傳統燃料少,因此正在推廣使用。
  • 政府措施:印度的 PAHAL 計畫等補貼計畫正在推廣液化石油氣的使用。

此外,液化石油氣的便攜性和易於儲存的特點使其成為農村地區和遠離電網地區的理想選擇,進一步刺激了需求。

市場限制因素

儘管市場正在成長,但隨著向電動車、氫燃料和生質燃料等零碳能源來源轉型不斷推進,液化石油氣市場也面臨挑戰。可再生能源技術的擴張和更嚴格的環境法規可能會限制液化石油氣的長期需求。

細分分析

最終用戶

家用市場佔主導地位,預計2026年將佔市場佔有率的44.98%,這主要得益於液化石油氣在烹飪和取暖領域的廣泛應用。工業和交通運輸領域也因液化石油氣的高效性和清潔燃燒特性而呈現成長趨勢。

按供應來源

由於液態天然氣(NGL)領域將保持領先地位,市場佔有率為 67.12%。

區域趨勢

  • 亞太地區:這將是最大的市場,預計到 2025 年將達到 816.4 億美元,主要受家庭消費和工業成長的推動。
  • 歐洲:在汽車燃氣普及和離網暖氣需求的推動下,它是第二大市場。
  • 北美:一個強勁的出口地區,預計到 2025 年出口額將達到 250.7 億美元。
  • 拉丁美洲、中東和非洲:這些新興地區對替代燃料和基礎設施的投資正在增加。

主要行業趨勢

近期趨勢凸顯了策略性業務擴張和永續性措施的重要性。例如,諾瓦泰克公司計劃在2024年提高天然氣產量,而殼牌公司則實施了碳中和液化石油氣運輸解決方案。此外,與阿布達比國家石油公司(ADNOC)和卡達石油公司簽訂的長期供應協議也正在加強全球貿易。

目錄

第1章:引言

第2章摘要整理

第3章 市場動態

  • 市場促進因素
  • 市場限制因素
  • 市場機遇

第4章:主要考慮因素

  • 主要國家的主要新興趨勢
  • 最新技術進展
  • 監理情勢
  • 波特五力分析
  • 新冠疫情對液化石油氣市場的影響

第5章:2021-2034年全球液化石油氣(LPG)市場分析、洞察與預測

  • 主要發現與總結
  • 市場分析、洞察與預測:按最終用戶分類
    • 國內的
    • 商業的
    • 農業
    • 產業
    • 運輸
    • 煉油廠燃料
    • 化學品
  • 市場分析、洞察與預測:按來源
    • 液化天然氣
    • 原油
  • 市場分析、洞察與預測:按地區分類
    • 北美洲
    • 歐洲
    • 亞太地區
    • 拉丁美洲
    • 中東和非洲

第6章:北美液化石油氣(LPG)市場分析、洞察與預測(2021-2034年)

  • 主要發現與總結
  • 市場分析、洞察與預測:按最終用戶分類
    • 國內的
    • 商業的
    • 農業
    • 產業
    • 運輸
    • 煉油廠燃料
    • 化學品
  • 市場分析、洞察與預測:按來源
    • 天然氣液
    • 原油
  • 市場分析、洞察與預測:按國家/地區分類
    • 美國市場分析與預測 - 按最終用戶分類
      • 國內的
      • 商業的
      • 農業
      • 產業
      • 運輸
      • 煉油廠燃料
      • 化學品
    • 加拿大市場分析與預測 - 按最終用戶分類
      • 家用
      • 商業的
      • 農業
      • 產業
      • 運輸
      • 煉油廠燃料
      • 化學品

第7章:歐洲液化石油氣(LPG)市場分析、洞察與預測(2021-2034年)

  • 主要發現與總結
  • 市場分析、洞察與預測:按最終用戶分類
    • 家庭 家庭
    • 商業的
    • 農業
    • 產業
    • 運輸
    • 煉油廠燃料
    • 化學品
  • 市場分析、洞察與預測:按來源
    • 天然氣液
    • 原油
  • 市場分析、洞察與預測:按國家/地區分類
    • 英國市場分析與預測 - 按最終用戶分類
      • 家用
      • 商業的
      • 農業
      • 產業
      • 運輸
      • 煉油廠燃料
      • 化學品
    • 德國市場分析與預測-依最終用戶分類
      • 家用
      • 商業的
      • 農業
      • 產業
      • 運輸
      • 煉油廠燃料
      • 化學品
    • 法國市場分析與預測-依最終用戶分類
      • 家用
      • 商業的
      • 農業
      • 產業
      • 運輸
      • 煉油廠燃料
      • 化學品
    • 義大利市場分析與預測-依最終用戶分類
      • 家用
      • 商業的
      • 農業
      • 產業
      • 運輸
      • 煉油廠燃料
      • 化學品
    • 西班牙市場分析與預測 - 按最終用戶分類
      • 家用
      • 商業的
      • 農業
      • 產業
      • 運輸
      • 煉油廠燃料
      • 化學品
    • 荷蘭市場分析與預測 - 按最終用戶分類
      • 國內的
      • 商業的
      • 農業
      • 產業
      • 運輸
      • 煉油廠燃料
      • 化學品
    • 俄羅斯市場分析與預測-按最終用戶分類
      • 國內的
      • 商業的
      • 農業
      • 產業
      • 運輸
      • 煉油廠燃料
      • 化學品
    • 歐洲其他地區市場分析和預測-按最終用戶分類。
      • 家用
      • 商業的
      • 農業
      • 產業
      • 運輸
      • 煉油廠燃料
      • 化學品

第8章:亞太地區液化石油氣市場分析、洞察與預測(2021-2034年)

  • 主要發現與總結
  • 市場分析、洞察與預測:按最終用戶分類
    • 家庭 家庭
    • 商業的
    • 農業
    • 產業
    • 運輸
    • 煉油廠燃料
    • 化學品
  • 市場分析、洞察與預測:按來源
    • 天然氣液
    • 原油
  • 市場分析、洞察與預測:按國家/地區分類
    • 中國市場分析與預測-依最終用戶分類
      • 國內的
      • 商業的
      • 農業
      • 產業
      • 運輸
      • 煉油廠燃料
      • 化學品
    • 日本市場分析與預測-依最終用戶分類
      • 國內的
      • 商業的
      • 農業
      • 產業
      • 運輸
      • 煉油廠燃料
      • 化學品
    • 印度市場分析與預測 - 按最終用戶分類
      • 家用
      • 商業的
      • 農業
      • 產業
      • 運輸
      • 煉油廠燃料
      • 化學品
    • 澳洲市場分析與預測 - 按最終用戶分類
      • 國內的
      • 商業的
      • 農業
      • 產業
      • 運輸
      • 煉油廠燃料
      • 化學品
    • 東南亞市場分析與預測 - 按最終用戶分類
      • 國內的
      • 商業的
      • 農業
      • 產業
      • 運輸
      • 煉油廠燃料
      • 化學品
    • 其他亞太市場分析與預測-按最終用戶分類
      • 國內的
      • 商業的
      • 農業
      • 產業
      • 運輸
      • 煉油廠燃料
      • 化學品

第9章:拉丁美洲液化石油氣市場分析、洞察與預測(2021-2034年)

  • 主要發現與總結
  • 市場分析、洞察與預測:按最終用戶分類
    • 國內的
    • 商業的
    • 農業
    • 產業
    • 運輸
    • 煉油廠燃料
    • 化學品
  • 市場分析、洞察與預測:按來源
    • 天然氣液
    • 原油
  • 市場分析、洞察與預測:按國家/地區分類
    • 巴西市場分析與預測 - 按最終用戶分類
      • 國內的
      • 商業的
      • 農業
      • 產業
      • 運輸
      • 煉油廠燃料
      • 化學品
    • 墨西哥市場分析與預測 - 按最終用戶分類
      • 家用
      • 商業的
      • 農業
      • 產業
      • 運輸
      • 煉油廠燃料
      • 化學品
    • 其他拉丁美洲市場分析和預測—按最終用戶分類
      • 國內的
      • 商業的
      • 農業
      • 產業
      • 運輸
      • 煉油廠燃料
      • 化學品

第10章:中東和非洲液化石油氣(LPG)市場分析、洞察與預測(2021-2034年)

  • 主要發現與總結
  • 市場分析、洞察與預測:按最終用戶分類
    • 家用
    • 商業的
    • 農業
    • 產業
    • 運輸
    • 煉油廠燃料
    • 化學品
  • 市場分析、洞察與預測:按來源
    • 天然氣液
    • 原油
  • 市場分析、洞察與預測:按國家/地區分類
    • 海灣合作理事會市場分析與預測-按最終用戶分類
      • 家用
      • 商業的
      • 農業
      • 產業
      • 運輸
      • 煉油廠燃料
      • 化學品
    • 南非市場分析與預測 - 按最終用戶分類
      • 家用
      • 商業的
      • 農業
      • 產業
      • 運輸
      • 煉油廠燃料
      • 化學品
    • 中東和非洲其他市場分析和預測—按最終用戶分類
      • 國內的
      • 商業的
      • 農業
      • 產業
      • 運輸
      • 煉油廠燃料
      • 化學品

第11章 競爭分析

  • 企業市佔率分析,2025 年
  • 公司簡介
    • BP
    • ExxonMobil(US)
    • ConocoPhillips(US)
    • ADNOC Group(UAE)
    • Qatar Petroleum(Qatar)
    • NOVATEK(Russia)
    • Gazprom(Russia)
    • SINOPEC(China)
    • Reliance Industries Limited(India)
    • Shell(US)
Product Code: FBI106373

Growth Factors of LPG (Liquefied Petroleum Gas) Market

The global LPG (Liquefied Petroleum Gas) market is witnessing steady expansion driven by rising energy demand, cleaner fuel adoption, and increasing industrial applications. The market was valued at USD 162.98 billion in 2025 and is projected to grow to USD 176.27 billion in 2026, reaching USD 273.24 billion by 2034, exhibiting a CAGR of 6.46% during the forecast period. Asia Pacific dominated the global market with a 48.34% share in 2025, supported by strong residential and industrial consumption.

LPG, primarily composed of propane and butane, is a versatile, portable, and cleaner-burning fuel. Its low sulfur and carbon emissions make it an environmentally preferable alternative to coal and oil. It is widely used for cooking, heating, industrial boilers, and as a petrochemical feedstock.

Market Trends

One of the key trends shaping the LPG market is the increasing demand for autogas. Globally, nearly 27.8 million vehicles run on LPG, making it one of the most widely used alternative fuels. Government incentives promoting cleaner fuels are accelerating autogas adoption, particularly in Europe and Asia.

Another emerging trend is the growing focus on BioLPG, a renewable version of LPG produced from organic waste. BioLPG offers 70-80% lower carbon emissions compared to conventional fuels and is gaining traction as countries move toward net-zero targets.

Market Drivers

The market is primarily driven by:

  • Rising residential demand: LPG is widely used as a cooking fuel, especially in regions lacking piped gas infrastructure.
  • Industrial applications: It is extensively used in boilers, metal processing, food production, and chemical manufacturing.
  • Environmental benefits: Lower emissions compared to traditional fuels encourage adoption.
  • Government initiatives: Subsidy programs such as India's PAHAL scheme promote LPG accessibility.

Additionally, LPG's portability and ease of storage make it ideal for rural and off-grid areas, further boosting demand.

Market Restraints

Despite growth, the market faces challenges from the increasing shift toward zero-carbon energy sources such as electric vehicles, hydrogen fuel, and biofuels. The expansion of renewable energy technologies and stricter environmental regulations may limit long-term LPG demand.

Segmentation Analysis

By End-User

The domestic segment dominates the market and is expected to hold 44.98% share in 2026, driven by widespread use in cooking and heating. Industrial and transport sectors are also growing due to LPG's efficiency and clean-burning properties.

By Source

The natural gas liquids segment leads with a 67.12% share in 2026, owing to its lower extraction cost compared to crude oil refining.

Regional Insights

  • Asia Pacific: Largest market with USD 81.64 billion in 2025, driven by high household consumption and industrial growth.
  • Europe: Second-largest market, supported by autogas adoption and off-grid heating demand.
  • North America: Strong exporter, with USD 25.07 billion in 2025.
  • Latin America & Middle East & Africa: Emerging regions with rising investments in alternative fuels and infrastructure.

Competitive Landscape

The LPG market is moderately fragmented, with major players focusing on production expansion and supply chain optimization. Key companies include:

  • BP Plc
  • ExxonMobil
  • ConocoPhillips
  • Abu Dhabi National Oil Company
  • Shell
  • Reliance Industries Limited

These companies dominate due to strong global presence, advanced extraction capabilities, and extensive distribution networks.

Key Industry Developments

Recent developments highlight strategic expansion and sustainability initiatives. For instance, NOVATEK increased gas production in 2024, while Shell introduced carbon-neutral LPG cargo solutions. Additionally, long-term supply agreements by ADNOC and Qatar Petroleum are strengthening global trade.

Conclusion

The LPG market is set for consistent growth, supported by its role as a clean, efficient, and versatile energy source. Strong demand from residential, industrial, and transportation sectors-especially in Asia Pacific-will continue to drive expansion. While the transition toward renewable energy poses a long-term challenge, innovations such as BioLPG and supportive government policies will help sustain market momentum. Overall, LPG will remain a critical bridge fuel in the global energy transition, balancing affordability, accessibility, and environmental performance through 2034.

Segmentation By End User

  • Domestic
  • Commercial
  • Agriculture
  • Industrial
  • Transport
  • Refinery Fuel
  • Chemical

By Source

  • Natural Gas Liquid
  • Crude Oil

By Geography

  • North America (By End User, By Source, By Country)
    • U.S. (By End User)
    • Canada (By End User)
  • Europe (By End User, By Source, By Country)
    • U.K. (By End User)
    • Germany (By End User)
    • France (By End User)
    • Italy (By End User)
    • Spain (By End User)
    • Netherlands (By End User)
    • Russia (By End User)
    • Rest of Europe (By End User)
  • Asia Pacific (By End User, By Source, By Country)
    • China (By End User)
    • Japan (By End User)
    • India (By End User)
    • Australia (By Ensd User)
    • Southeast Asia (By End User)
    • Rest of Asia Pacific (By End User)
  • Latin America (By End User, By Source, By Country)
    • Brazil (By End User)
    • Mexico (By End User)
    • Rest of Latin America (By End User)
  • Middle East and Africa (By End User, By Source, By Country)
    • GCC (By End User)
    • South Africa (By End User)
    • Rest of the Middle East and Africa (By End User)

Table of Content

1. Introduction

  • 1.1. Research Scope
  • 1.2. Market Segmentation
  • 1.3. Research Methodology
  • 1.4. Definitions and Assumptions

2. Executive Summary

3. Market Dynamics

  • 3.1. Market Drivers
  • 3.2. Market Restraints
  • 3.3. Market Opportunities

4. Key Insights

  • 4.1. Key Emerging Trends - For Major Countries
  • 4.2. Latest Technological Advancement
  • 4.3. Regulatory Landscape
  • 4.4. Porter's Five Forces Analysis
  • 4.5. Impact of COVID-19 on the LPG Market

5. Global LPG Market Analysis (USD Billion), Insights and Forecast, 2021-2034

  • 5.1. Key Findings / Summary
  • 5.2. Market Analysis, Insights and Forecast - By End User
    • 5.2.1. Domestic
    • 5.2.2. Commercial
    • 5.2.3. Agriculture
    • 5.2.4. Industrial
    • 5.2.5. Transport
    • 5.2.6. Refinery Fuel
    • 5.2.7. Chemical
  • 5.3. Market Analysis, Insights and Forecast - By Source
    • 5.3.1. Natural Gas Liquid
    • 5.3.2. Crude Oil
  • 5.4. Market Analysis, Insights and Forecast - By Region
    • 5.4.1. North America
    • 5.4.2. Europe
    • 5.4.3. Asia Pacific
    • 5.4.4. Latin America
    • 5.4.5. Middle East & Africa

6. North America LPG Market Analysis (USD Billion), Insights and Forecast, 2021-2034

  • 6.1. Key Findings / Summary
  • 6.2. Market Analysis, Insights and Forecast - By End User
    • 6.2.1. Domestic
    • 6.2.2. Commercial
    • 6.2.3. Agriculture
    • 6.2.4. Industrial
    • 6.2.5. Transport
    • 6.2.6. Refinery Fuel
    • 6.2.7. Chemical
  • 6.3. Market Analysis, Insights and Forecast - By Source
    • 6.3.1. Natural Gas Liquid
    • 6.3.2. Crude Oil
  • 6.4. Market Analysis, Insights and Forecast - By Country
    • 6.4.1. U.S. Market Analysis and Forecast - By End User
      • 6.4.1.1. Domestic
      • 6.4.1.2. Commercial
      • 6.4.1.3. Agriculture
      • 6.4.1.4. Industrial
      • 6.4.1.5. Transport
      • 6.4.1.6. Refinery Fuel
      • 6.4.1.7. Chemical
    • 6.4.2. Canada Market Analysis and Forecast - By End User
      • 6.4.2.1. Domestic
      • 6.4.2.2. Commercial
      • 6.4.2.3. Agriculture
      • 6.4.2.4. Industrial
      • 6.4.2.5. Transport
      • 6.4.2.6. Refinery Fuel
      • 6.4.2.7. Chemical

7. Europe LPG Market Analysis (USD Billion), Insights and Forecast, 2021-2034

  • 7.1. Key Findings / Summary
  • 7.2. Market Analysis, Insights and Forecast - By End User
    • 7.2.1. Domestic
    • 7.2.2. Commercial
    • 7.2.3. Agriculture
    • 7.2.4. Industrial
    • 7.2.5. Transport
    • 7.2.6. Refinery Fuel
    • 7.2.7. Chemical
  • 7.3. Market Analysis, Insights and Forecast - By Source
    • 7.3.1. Natural Gas Liquid
    • 7.3.2. Crude Oil
  • 7.4. Market Analysis, Insights and Forecast - By Country
    • 7.4.1. UK Market Analysis and Forecast - By End User
      • 7.4.1.1. Domestic
      • 7.4.1.2. Commercial
      • 7.4.1.3. Agriculture
      • 7.4.1.4. Industrial
      • 7.4.1.5. Transport
      • 7.4.1.6. Refinery Fuel
      • 7.4.1.7. Chemical
    • 7.4.2. Germany Market Analysis and Forecast - By End User
      • 7.4.2.1. Domestic
      • 7.4.2.2. Commercial
      • 7.4.2.3. Agriculture
      • 7.4.2.4. Industrial
      • 7.4.2.5. Transport
      • 7.4.2.6. Refinery Fuel
      • 7.4.2.7. Chemical
    • 7.4.3. France Market Analysis and Forecast - By End User
      • 7.4.3.1. Domestic
      • 7.4.3.2. Commercial
      • 7.4.3.3. Agriculture
      • 7.4.3.4. Industrial
      • 7.4.3.5. Transport
      • 7.4.3.6. Refinery Fuel
      • 7.4.3.7. Chemical
    • 7.4.4. Italy Market Analysis and Forecast - By End User
      • 7.4.4.1. Domestic
      • 7.4.4.2. Commercial
      • 7.4.4.3. Agriculture
      • 7.4.4.4. Industrial
      • 7.4.4.5. Transport
      • 7.4.4.6. Refinery Fuel
      • 7.4.4.7. Chemical
    • 7.4.5. Spain Market Analysis and Forecast - By End User
      • 7.4.5.1. Domestic
      • 7.4.5.2. Commercial
      • 7.4.5.3. Agriculture
      • 7.4.5.4. Industrial
      • 7.4.5.5. Transport
      • 7.4.5.6. Refinery Fuel
      • 7.4.5.7. Chemical
    • 7.4.6. Netherlands Market Analysis and Forecast - By End User
      • 7.4.6.1. Domestic
      • 7.4.6.2. Commercial
      • 7.4.6.3. Agriculture
      • 7.4.6.4. Industrial
      • 7.4.6.5. Transport
      • 7.4.6.6. Refinery Fuel
      • 7.4.6.7. Chemical
    • 7.4.7. Russia Market Analysis and Forecast - By End User
      • 7.4.7.1. Domestic
      • 7.4.7.2. Commercial
      • 7.4.7.3. Agriculture
      • 7.4.7.4. Industrial
      • 7.4.7.5. Transport
      • 7.4.7.6. Refinery Fuel
      • 7.4.7.7. Chemical
    • 7.4.8. Rest of Europe Market Analysis and Forecast - By End User
      • 7.4.8.1. Domestic
      • 7.4.8.2. Commercial
      • 7.4.8.3. Agriculture
      • 7.4.8.4. Industrial
      • 7.4.8.5. Transport
      • 7.4.8.6. Refinery Fuel
      • 7.4.8.7. Chemical

8. Asia Pacific LPG Market Analysis (USD Billion), Insights and Forecast, 2021-2034

  • 8.1. Key Findings / Summary
  • 8.2. Market Analysis, Insights and Forecast - By End User
    • 8.2.1. Domestic
    • 8.2.2. Commercial
    • 8.2.3. Agriculture
    • 8.2.4. Industrial
    • 8.2.5. Transport
    • 8.2.6. Refinery Fuel
    • 8.2.7. Chemical
  • 8.3. Market Analysis, Insights and Forecast - By source
    • 8.3.1. Natural Gas Liquid
    • 8.3.2. Crude Oil
  • 8.4. Market Analysis, Insights and Forecast - By Country
    • 8.4.1. China Market Analysis and Forecast - By End User
      • 8.4.1.1. Domestic
      • 8.4.1.2. Commercial
      • 8.4.1.3. Agriculture
      • 8.4.1.4. Industrial
      • 8.4.1.5. Transport
      • 8.4.1.6. Refinery Fuel
      • 8.4.1.7. Chemical
    • 8.4.2. Japan Market Analysis and Forecast - By End User
      • 8.4.2.1. Domestic
      • 8.4.2.2. Commercial
      • 8.4.2.3. Agriculture
      • 8.4.2.4. Industrial
      • 8.4.2.5. Transport
      • 8.4.2.6. Refinery Fuel
      • 8.4.2.7. Chemical
    • 8.4.3. India Market Analysis and Forecast - By End User
      • 8.4.3.1. Domestic
      • 8.4.3.2. Commercial
      • 8.4.3.3. Agriculture
      • 8.4.3.4. Industrial
      • 8.4.3.5. Transport
      • 8.4.3.6. Refinery Fuel
      • 8.4.3.7. Chemical
    • 8.4.4. Australia Market Analysis and Forecast - By End User
      • 8.4.4.1. Domestic
      • 8.4.4.2. Commercial
      • 8.4.4.3. Agriculture
      • 8.4.4.4. Industrial
      • 8.4.4.5. Transport
      • 8.4.4.6. Refinery Fuel
      • 8.4.4.7. Chemical
    • 8.4.5. Southeast Asia Market Analysis and Forecast - By End User
      • 8.4.5.1. Domestic
      • 8.4.5.2. Commercial
      • 8.4.5.3. Agriculture
      • 8.4.5.4. Industrial
      • 8.4.5.5. Transport
      • 8.4.5.6. Refinery Fuel
      • 8.4.5.7. Chemical
    • 8.4.6. Rest of Asia Pacific Market Analysis and Forecast - By End User
      • 8.4.6.1. Domestic
      • 8.4.6.2. Commercial
      • 8.4.6.3. Agriculture
      • 8.4.6.4. Industrial
      • 8.4.6.5. Transport
      • 8.4.6.6. Refinery Fuel
      • 8.4.6.7. Chemical

9. Latin America LPG Market Analysis (USD Billion), Insights and Forecast, 2021-2034

  • 9.1. Key Findings / Summary
  • 9.2. Market Analysis, Insights and Forecast - By End User
    • 9.2.1. Domestic
    • 9.2.2. Commercial
    • 9.2.3. Agriculture
    • 9.2.4. Industrial
    • 9.2.5. Transport
    • 9.2.6. Refinery Fuel
    • 9.2.7. Chemical
  • 9.3. Market Analysis, Insights and Forecast - By Source
    • 9.3.1. Natural Gas Liquid
    • 9.3.2. Crude Oil
  • 9.4. Market Analysis, Insights and Forecast - By Country
    • 9.4.1. Brazil Market Analysis and Forecast - By End User
      • 9.4.1.1. Domestic
      • 9.4.1.2. Commercial
      • 9.4.1.3. Agriculture
      • 9.4.1.4. Industrial
      • 9.4.1.5. Transport
      • 9.4.1.6. Refinery Fuel
      • 9.4.1.7. Chemical
    • 9.4.2. Mexico Market Analysis and Forecast - By End User
      • 9.4.2.1. Domestic
      • 9.4.2.2. Commercial
      • 9.4.2.3. Agriculture
      • 9.4.2.4. Industrial
      • 9.4.2.5. Transport
      • 9.4.2.6. Refinery Fuel
      • 9.4.2.7. Chemical
    • 9.4.3. Rest of Latin America Market Analysis and Forecast - By End User
      • 9.4.3.1. Domestic
      • 9.4.3.2. Commercial
      • 9.4.3.3. Agriculture
      • 9.4.3.4. Industrial
      • 9.4.3.5. Transport
      • 9.4.3.6. Refinery Fuel
      • 9.4.3.7. Chemical

10. Middle East & Africa LPG Market Analysis (USD Billion), Insights and Forecast, 2021-2034

  • 10.1. Key Findings / Summary
  • 10.2. Market Analysis, Insights and Forecast - By End User
    • 10.2.1. Domestic
    • 10.2.2. Commercial
    • 10.2.3. Agriculture
    • 10.2.4. Industrial
    • 10.2.5. Transport
    • 10.2.6. Refinery Fuel
    • 10.2.7. Chemical
  • 10.3. Market Analysis, Insights and Forecast - By source
    • 10.3.1. Natural Gas Liquid
    • 10.3.2. Crude Oil
  • 10.4. Market Analysis, Insights and Forecast - By Country
    • 10.4.1. GCC Market Analysis and Forecast - By End User
      • 10.4.1.1. Domestic
      • 10.4.1.2. Commercial
      • 10.4.1.3. Agriculture
      • 10.4.1.4. Industrial
      • 10.4.1.5. Transport
      • 10.4.1.6. Refinery Fuel
      • 10.4.1.7. Chemical
    • 10.4.2. South Africa Market Analysis and Forecast - By End User
      • 10.4.2.1. Domestic
      • 10.4.2.2. Commercial
      • 10.4.2.3. Agriculture
      • 10.4.2.4. Industrial
      • 10.4.2.5. Transport
      • 10.4.2.6. Refinery Fuel
      • 10.4.2.7. Chemical
    • 10.4.3. Rest of Middle East & Africa Market Analysis and Forecast - By End User
      • 10.4.3.1. Domestic
      • 10.4.3.2. Commercial
      • 10.4.3.3. Agriculture
      • 10.4.3.4. Industrial
      • 10.4.3.5. Transport
      • 10.4.3.6. Refinery Fuel
      • 10.4.3.7. Chemical

11. Competitive Analysis

  • 11.1. Company Market Share Analysis, 2025
  • 11.2. Company Profile
    • 11.2.1. bp
      • 11.2.1.1. Business Overview
      • 11.2.1.2. Product & Service Offering
      • 11.2.1.3. Overall Revenue
      • 11.2.1.4. Geographic Presence
      • 11.2.1.5. Recent Development
    • 11.2.2. ExxonMobil (US)
      • 11.2.2.1. Business Overview
      • 11.2.2.2. Product & Service Offering
      • 11.2.2.3. Overall Revenue
      • 11.2.2.4. Geographic Presence
      • 11.2.2.5. Recent Development
    • 11.2.3. ConocoPhillips (US)
      • 11.2.3.1. Business Overview
      • 11.2.3.2. Product & Service Offering
      • 11.2.3.3. Overall Revenue
      • 11.2.3.4. Geographic Presence
      • 11.2.3.5. Recent Development
    • 11.2.4. ADNOC Group (UAE)
      • 11.2.4.1. Business Overview
      • 11.2.4.2. Product & Service Offering
      • 11.2.4.3. Overall Revenue
      • 11.2.4.4. Geographic Presence
      • 11.2.4.5. Recent Development
    • 11.2.5. Qatar Petroleum (Qatar)
      • 11.2.5.1. Business Overview
      • 11.2.5.2. Product & Service Offering
      • 11.2.5.3. Overall Revenue
      • 11.2.5.4. Geographic Presence
      • 11.2.5.5. Recent Development
    • 11.2.6. NOVATEK (Russia)
      • 11.2.6.1. Business Overview
      • 11.2.6.2. Product & Service Offering
      • 11.2.6.3. Overall Revenue
      • 11.2.6.4. Geographic Presence
      • 11.2.6.5. Recent Development
    • 11.2.7. Gazprom (Russia)
      • 11.2.7.1. Business Overview
      • 11.2.7.2. Product & Service Offering
      • 11.2.7.3. Overall Revenue
      • 11.2.7.4. Geographic Presence
      • 11.2.7.5. Recent Development
    • 11.2.8. SINOPEC (China)
      • 11.2.8.1. Business Overview
      • 11.2.8.2. Product & Service Offering
      • 11.2.8.3. Overall Revenue
      • 11.2.8.4. Geographic Presence
      • 11.2.8.5. Recent Development
    • 11.2.9. Reliance Industries Limited (India)
      • 11.2.9.1. Business Overview
      • 11.2.9.2. Product & Service Offering
      • 11.2.9.3. Overall Revenue
      • 11.2.9.4. Geographic Presence
      • 11.2.9.5. Recent Development
    • 11.2.10. Shell (US)
      • 11.2.10.1. Business Overview
      • 11.2.10.2. Product & Service Offering
      • 11.2.10.3. Overall Revenue
      • 11.2.10.4. Geographic Presence
      • 11.2.10.5. Recent Development

List of Tables

  • Table 1: Global LPG Market Revenue (USD Billion) Forecast, by End User, 2021-2034
  • Table 2: Global LPG Market Revenue (USD Billion) Forecast, by Source, 2021-2034
  • Table 3: Global LPG Market Revenue (USD Billion) Forecast, By Region, 2021-2034
  • Table 4: North America LPG Market Revenue (USD Billion) Forecast, by End User, 2021-2034
  • Table 5: North America LPG Market Revenue (USD Billion) Forecast, by Source, 2021-2034
  • Table 6: North America LPG Market Revenue (USD Billion) Forecast, By Country, 2021-2034
  • Table 7: U.S. LPG Market Revenue (USD Billion) Forecast, By End User, 2021-2034
  • Table 8: Canada LPG Market Revenue (USD Billion) Forecast, By End User, 2021-2034
  • Table 9: Europe LPG Market Revenue (USD Billion) Forecast, by End User, 2021-2034
  • Table 10: Europe LPG Market Revenue (USD Billion) Forecast, by Source, 2021-2034
  • Table 11: Europe LPG Market Revenue (USD Billion) Forecast, By Country, 2021-2034
  • Table 12: UK LPG Market Revenue (USD Billion) Forecast, By End User, 2021-2034
  • Table 13: Germany LPG Market Revenue (USD Billion) Forecast, By End User, 2021-2034
  • Table 14: France LPG Market Revenue (USD Billion) Forecast, By End User, 2021-2034
  • Table 15: Italy LPG Market Revenue (USD Billion) Forecast, By End User, 2021-2034
  • Table 16: Spain LPG Market Revenue (USD Billion) Forecast, By End User, 2021-2034
  • Table 17: Netherlands LPG Market Revenue (USD Billion) Forecast, By End User, 2021-2034
  • Table 18: Russia LPG Market Revenue (USD Billion) Forecast, By End User, 2021-2034
  • Table 19: Rest of Europe LPG Market Revenue (USD Billion) Forecast, By End User, 2021-2034
  • Table 20: Asia Pacific LPG Market Revenue (USD Billion) Forecast, by End User, 2021-2034
  • Table 21: Asia Pacific LPG Market Revenue (USD Billion) Forecast, by Source, 2021-2034
  • Table 22: Asia Pacific LPG Market Revenue (USD Billion) Forecast, By Country, 2021-2034
  • Table 23: China LPG Market Revenue (USD Billion) Forecast, By End User, 2021-2034
  • Table 24: Japan LPG Market Revenue (USD Billion) Forecast, By End User, 2021-2034
  • Table 25: India LPG Market Revenue (USD Billion) Forecast, By End User, 2021-2034
  • Table 26: Australia LPG Market Revenue (USD Billion) Forecast, By End User, 2021-2034
  • Table 27: Southeast Asia LPG Market Revenue (USD Billion) Forecast, By End User, 2021-2034
  • Table 28: Rest of Asia Pacific LPG Market Revenue (USD Billion) Forecast, By End User, 2021-2034
  • Table 29: Latin America LPG Market Revenue (USD Billion) Forecast, by End User, 2021-2034
  • Table 30: Latin America LPG Market Revenue (USD Billion) Forecast, by Source, 2021-2034
  • Table 31: Latin America LPG Market Revenue (USD Billion) Forecast, By Country, 2021-2034
  • Table 32: Brazil LPG Market Revenue (USD Billion) Forecast, By End User, 2021-2034
  • Table 33: Mexico LPG Market Revenue (USD Billion) Forecast, By End User, 2021-2034
  • Table 34: Rest of Latin America LPG Market Revenue (USD Billion) Forecast, By End User, 2021-2034
  • Table 35: Middle East and Africa LPG Market Revenue (USD Billion) Forecast, by End User, 2021-2034
  • Table 36: Middle East and Africa LPG Market Revenue (USD Billion) Forecast, by Source, 2021-2034
  • Table 37: Middle East and Africa LPG Market Revenue (USD Billion) Forecast, By Country, 2021-2034
  • Table 38: GCC LPG Market Revenue (USD Billion) Forecast, By End User, 2021-2034
  • Table 39: South Africa LPG Market Revenue (USD Billion) Forecast, By End User, 2021-2034
  • Table 40: Rest of Middle East and Africa LPG Market Revenue (USD Billion) Forecast, By End User, 2021-2034

List of Figures

  • Figure 1: Global LPG Market Revenue Breakdown (USD Billion, %) by Region, 2025 & 2034
  • Figure 2: Global LPG Market Value Share (%), by End User, 2025 & 2034
  • Figure 3: Global LPG Market Forecast (USD Billion), by Domestic, 2021-2034
  • Figure 4: Global LPG Market Forecast (USD Billion), by Commercial, 2021-2034
  • Figure 5: Global LPG Market Forecast (USD Billion), by Agriculture, 2021-2034
  • Figure 6: Global LPG Market Forecast (USD Billion), by Industrial, 2021-2034
  • Figure 7: Global LPG Market Forecast (USD Billion), by Transport, 2021-2034
  • Figure 8: Global LPG Market Forecast (USD Billion), by Refinery Fuel, 2021-2034
  • Figure 9: Global LPG Market Forecast (USD Billion), by Chemical, 2021-2034
  • Figure 10: Global LPG Market Value Share (%), by Source, 2025 & 2034
  • Figure 11: Global LPG Market Forecast (USD Billion), by Natural Gas Liquid, 2021-2034
  • Figure 12: Global LPG Market Forecast (USD Billion), by Crude Oil, 2021-2034
  • Figure 13: Global LPG Market Value Share (%), by Region, 2025 & 2034
  • Figure 14: North America LPG Market Value Share (%), by End User, 2025 & 2034
  • Figure 15: North America LPG Market Forecast (USD Billion), by Domestic, 2021-2034
  • Figure 16: North America LPG Market Forecast (USD Billion), by Commercial, 2021-2034
  • Figure 17: North America LPG Market Forecast (USD Billion), by Agriculture, 2021-2034
  • Figure 18: North America LPG Market Forecast (USD Billion), by Industrial, 2021-2034
  • Figure 19: North America LPG Market Forecast (USD Billion), by Transport, 2021-2034
  • Figure 20: North America LPG Market Forecast (USD Billion), by Refinery Fuel, 2021-2034
  • Figure 21: North America LPG Market Forecast (USD Billion), by Chemical, 2021-2034
  • Figure 22: North America LPG Market Value Share (%), by Source, 2025 & 2034
  • Figure 23: North America LPG Market Forecast (USD Billion), by Natural Gas Liquid, 2021-2034
  • Figure 24: North America LPG Market Forecast (USD Billion), by Crude Oil, 2021-2034
  • Figure 25: North America LPG Market Value Share (%), by Country, 2025 & 2034
  • Figure 26: Europe LPG Market Value Share (%), by End User, 2025 & 2034
  • Figure 27: Europe LPG Market Forecast (USD Billion), by Domestic, 2021-2034
  • Figure 28: Europe LPG Market Forecast (USD Billion), by Commercial, 2021-2034
  • Figure 29: Europe LPG Market Forecast (USD Billion), by Agriculture, 2021-2034
  • Figure 30: Europe LPG Market Forecast (USD Billion), by Industrial, 2021-2034
  • Figure 31: Europe LPG Market Forecast (USD Billion), by Transport 2021-2034
  • Figure 32: Europe LPG Market Forecast (USD Billion), by Refinery Fuel, 2021-2034
  • Figure 33: Europe LPG Market Forecast (USD Billion), by Chemical, 2021-2034
  • Figure 34: Europe LPG Market Value Share (%), by Source, 2025 & 2034
  • Figure 35: Europe LPG Market Forecast (USD Billion), by Natural Gas Liquid, 2021-2034
  • Figure 36: Europe LPG Market Forecast (USD Billion), by Crude Oil, 2021-2034
  • Figure 37: Europe LPG Market Value Share (%), by Country, 2025 & 2034
  • Figure 38: Asia Pacific LPG Market Value Share (%), by End User, 2025 & 2034
  • Figure 39: Asia Pacific LPG Market Forecast (USD Billion), by Domestic, 2021-2034
  • Figure 40: Asia Pacific LPG Market Forecast (USD Billion), by Commercial, 2021-2034
  • Figure 41: Asia Pacific LPG Market Forecast (USD Billion), by Agriculture, 2021-2034
  • Figure 42: Asia Pacific LPG Market Forecast (USD Billion), by Industrial, 2021-2034
  • Figure 43: Asia Pacific LPG Market Forecast (USD Billion), by Transport, 2021-2034
  • Figure 44: Asia Pacific LPG Market Forecast (USD Billion), by Refinery Fuel, 2021-2034
  • Figure 45: Asia Pacific LPG Market Forecast (USD Billion), by Chemical, 2021-2034
  • Figure 46: Asia Pacific LPG Market Value Share (%), by Source, 2025 & 2034
  • Figure 47: Asia Pacific LPG Market Forecast (USD Billion), by Natural Gas Liquid, 2021-2034
  • Figure 48: Asia Pacific LPG Market Forecast (USD Billion), by Crude Oil, 2021-2034
  • Figure 49: Asia Pacific LPG Market Value Share (%), by Country, 2025 & 2034
  • Figure 50: Latin America LPG Market Value Share (%), by End User, 2025 & 2034
  • Figure 51: Latin America LPG Market Forecast (USD Billion), by Domestic, 2021-2034
  • Figure 52: Latin America LPG Market Forecast (USD Billion), by Commercial, 2021-2034
  • Figure 53: Latin America LPG Market Forecast (USD Billion), by Agriculture, 2021-2034
  • Figure 54: Latin America LPG Market Forecast (USD Billion), by Industrial, 2021-2034
  • Figure 55: Latin America LPG Market Forecast (USD Billion), by Transport, 2021-2034
  • Figure 56: Latin America LPG Market Forecast (USD Billion), by Refinery Fuel, 2021-2034
  • Figure 57: Latin America LPG Market Forecast (USD Billion), by Chemical, 2021-2034
  • Figure 58: Latin America LPG Market Value Share (%), by Source, 2025 & 2034
  • Figure 59: Latin America Market Forecast (USD Billion), by Natural Gas Liquid, 2021-2034
  • Figure 60: Latin America Market Forecast (USD Billion), by Crude Oil, 2021-2034
  • Figure 61: Latin America LPG Market Value Share (%), by Country, 2025 & 2034
  • Figure 62: Middle East & Africa LPG Market Value Share (%), by End User, 2025 & 2034
  • Figure 63: Middle East & Africa LPG Market Forecast (USD Billion), by Domestic, 2021-2034
  • Figure 64: Middle East & Africa LPG Market Forecast (USD Billion), by Commercial, 2021-2034
  • Figure 65: Middle East & Africa LPG Market Forecast (USD Billion), by Agriculture, 2021-2034
  • Figure 66: Middle East & Africa LPG Market Forecast (USD Billion), by Industrial, 2021-2034
  • Figure 67: Middle East & Africa LPG Market Forecast (USD Billion), by Transport, 2021-2034
  • Figure 68: Middle East & Africa LPG Market Forecast (USD Billion), by Refinery Fuel, 2021-2034
  • Figure 69: Middle East & Africa LPG Market Forecast (USD Billion), by Chemical, 2021-2034
  • Figure 70: Middle East & Africa LPG Market Value Share (%), by Source, 2025 & 2034
  • Figure 71: Middle East & Africa LPG Market Forecast (USD Billion), by Natural Gas Liquid, 2021-2034
  • Figure 72: Middle East & Africa LPG Market Forecast (USD Billion), by Crude Oil, 2021-2034
  • Figure 73: Middle East & Africa LPG Market Value Share (%), by Country, 2025 & 2034
  • Figure 74: Company Market Share Analysis (%), 2025