首頁 > 市場調查報告書 > 材料

石化燃料

市場調查報告書

商品編碼

1736786

2026-2032 年丙烷市場類型、應用與地區分佈

Propane Market By Form (Liquid Gas, Refined petroleum propane), Application (Industrial, Commercial, Residential), & Region for 2026-2032

出版日期: 2025年05月07日 | 出版商:

Verified Market Research | 英文 202 Pages | 商品交期: 2-3個工作天內

價格

簡介目錄

丙烷市場估值，2026-2032

由於多種因素，丙烷的需求持續成長。世界人口成長和都市化推動了能源消耗，進而推動了供暖、烹飪和交通運輸燃料的需求。向清潔能源來源的轉變使丙烷成為傳統石化燃料的誘人替代品，因為它產生的溫室氣體排放低於煤炭和石油。預計到2024年，丙烷市場規模將超過1,865.8億美元，到2032年將達到約4,496.2億美元。

工業活動日益活躍，尤其是在新興國家，推動了對丙烷作為製造製程燃料的需求。丙烷技術的進步，例如丙烷動力來源汽車和電器產品的發展，正在擴大其應用範圍並增加需求。對經濟高效的丙烷的需求不斷成長，預計將推動市場在2026年至2032年間以12.82%的複合年成長率成長。

丙烷市場定義/概述

丙烷是一種無色無味的烷烴氣體，化學式為C3H8。它是液化石油氣（LPG）的主要成分，由天然氣加工和石油精製而成。丙烷是住宅和商業場所供暖、烹飪和熱水供應的常用燃料。它也用於石化製造以及灌溉和溫室供暖等農業應用。由於丙烷具有高機動性和高效率，它常用於戶外烹飪、露營和休閒車。

隨著對綠色能源來源的需求以及限制碳排放的力度加大，丙烷的用量預計將持續成長。隨著企業和消費者尋求碳密集型燃料的替代品，丙烷較低的溫室氣體排放使其成為可行的選擇。丙烷在發電中的使用量正在上升，尤其是在那些尋求能源來源多元化、使其更可行的國家。丙烷燃料技術的發展，例如將其納入熱電聯產系統和可再生能源應用，預計將增加其使用量。持續的清潔燃料技術創新和支持性的監管環境預計將推動丙烷在未來幾十年在能源領域的地位顯著提升。

清潔能源需求的不斷成長將如何推動丙烷市場的發展？

永續能源需求的不斷成長將對丙烷市場產生重大影響。這一趨勢很大程度源自於全球減少碳排放和應對氣候變遷的動力。作為一種更清潔的燃料，丙烷發電產生的溫室氣體排放煤炭減少約43%，因此對於致力於實現環保目標的國家來說，丙烷是一個相當吸引人的選擇。美國能源資訊署 (EIA) 預測，到2025年，美國丙烷產量將達到約250萬桶/日，隨著對清潔能源解決方案的需求不斷成長，丙烷市場將呈現強勁成長動能。

民用和商用供暖行業的成長可能會對丙烷市場產生重大影響。丙烷因其高效性和成本效益，在取暖和烹飪方面越來越受歡迎。根據美國丙烷協會 (APA) 的數據，美國有超過 750 萬戶家庭使用丙烷取暖，這表明這是一個重要的細分市場。此外，美國能源資訊署 (EIA) 預測，到 2023 年，5% 的美國家庭將使用丙烷作為主要暖氣燃料，這凸顯了丙烷在民用供暖市場中的重要性。

價格波動將如何影響丙烷市場成長？

價格波動影響丙烷市場的擴張。丙烷價格波動為消費者和企業帶來不確定性，阻礙了對丙烷系統和設備的投資。如果價格大幅上漲，消費者可能會尋求替代能源或延遲購買決策，從而減少總需求。價格波動可能會影響依賴丙烷的產業（例如農業和工業）的營運成本，並促使它們重新評估能源計畫。

安全問題將影響丙烷市場的擴張。丙烷是一種高度易燃氣體，涉及洩漏或爆炸的事故可能造成重大財產損失和安全隱患，使消費者和企業對其使用產生懷疑。這些問題可能會阻礙潛在客戶使用丙烷作為能源來源，尤其是在住宅和商業用途。監管審查力道可能會加大，導致對丙烷供應商的安全要求更加嚴格，合規成本也會更高。

The demand for propane is continually increasing due to a variety of factors. The growing global population and urbanization are increasing energy consumption, resulting in higher demand for heating, cooking, and transportation fuel. The transition to cleaner energy sources has made propane an appealing alternative to traditional fossil fuels, as it emits fewer greenhouse gases than coal or oil. The market size surpass USD 186.58 Billion valued in 2024 to reach a valuation of around USD 449.62 Billion by 2032.

The increase in industrial operations, particularly in emerging nations, is driving up demand for propane as a fuel for manufacturing processes. Advances in propane technology, such as the creation of propane-powered vehicles and appliances, are expanding its applications and increasing demand. The rising demand for cost-effective and efficient propane is enabling the market grow at a CAGR of 12.82% from 2026 to 2032.

Propane Market: Definition/ Overview

Propane is a colorless, odorless hydrocarbon gas from the alkane family, with the chemical formula C3H8. It is a key component of liquefied petroleum gas (LPG), which is produced by natural gas processing and petroleum refining. Propane is commonly used as a fuel for heating, cooking, and hot water in both household and commercial settings. It is also used as a fuel for petrochemical manufacture and in agricultural applications such as irrigation and greenhouse heating. Propane's mobility and efficiency make it a popular choice for outdoor cooking, camping, and recreational vehicles.

Propane is expected to grow as demand for greener energy sources and efforts to limit carbon emissions increase. As companies and consumers seek alternatives to carbon-intensive fuels, propane's reduced greenhouse gas emissions make it a feasible option. The growing usage of propane in power generation, particularly in nations seeking to diversify their energy sources, boosts its possibilities. Developments in propane-fueled technology, such as combined heat and power systems and its incorporation into renewable energy applications, are projected to increase use. With continued innovation and regulatory support for cleaner fuels, propane's place in the energy landscape is expected to grow significantly in the coming decades.

How will the Increased Demand for Clean Energy Drive the Propane Market?

The growing demand for sustainable energy will have a substantial impact on the propane market. This trend is mostly driven by the global movement to reduce carbon emissions and combat climate change. Propane, being a cleaner-burning fuel, emits around 43% fewer greenhouse gases than coal when used for electricity generation, making it an appealing option for countries seeking to meet their environmental goals. Its use is expected to grow, with the U.S. Energy Information Administration (EIA) projecting that US propane production will reach approximately 2.5 million barrels per day by 2025, indicating a strong growth trajectory for the propane market in response to rising demand for cleaner energy solutions.

Growth in the home and commercial heating sectors will have a substantial impact on the propane market. Propane is becoming increasingly popular for heating and cooking because to its efficiency and cost effectiveness. According to the American Propane Association (APA), over 7.5 million households in the US rely on propane for heating, indicating a significant market sector. Furthermore, the U.S. Energy Information Administration (EIA) predicts that by 2023, 5% of US homes will use propane as their principal heating fuel, highlighting its importance in the domestic heating market.

How Does the Price Volatility Impact the Growth of the Propane Market?

Price volatility will have an impact on the expansion of the propane market. Price fluctuations in propane can create uncertainty for consumers and businesses, thereby discouraging investment in propane-based systems and appliances. When prices climb significantly, customers may seek alternate energy sources or delay purchasing decisions, reducing total demand. Price volatility can affect the operational expenses of propane-dependent industries such as agriculture and industry, prompting them to reassess their energy plans.

Safety issues will have an impact on the expansion of the propane market. Propane is a highly flammable gas, and occurrences involving leaks or explosions can cause substantial property damage and safety issues, making consumers and companies suspicious about its use. These problems may prevent potential customers from using propane as an energy source, particularly in home and commercial applications. Regulatory scrutiny could increase, resulting in stricter safety requirements and higher compliance costs for propane suppliers.

Category-Wise Acumens

Will the Including Residential Fuel the Liquid Gas Segment for the Propane Market?

Liquid gas currently dominates the propane market, the addition of residential applications will boost the liquid gas segment for the propane market. Propane is increasingly utilized in homes for heating, cooking, and water heating since it is more efficient, cost-effective, and clean-burning than other fossil fuels. As more families use propane for energy, the demand for liquid propane gas is likely to increase. The American Propane Association says that around 7.5 million households in the United States use propane for heating, emphasizing its importance in the residential sector.

Efficiency and convenience will propel the liquid gas portion of the propane market. Propane is known for its high energy content and rapid heat generation, making it an ideal choice for heating and cooking. Its portability enables easy transit and use in a variety of contexts, such as outdoor cooking and portable warming, making it more convenient for users. The capacity to store propane in tanks for on-demand consumption increases its appeal, especially in remote locations lacking access to natural gas pipelines.

Will the Plastics Manufacturing Raise the Industrial Segment for the Propane Market?

The industrial sector is rapidly increasing its propane market. The plastics manufacturing sector will propel the propane market's industrial segment. Propane is an important feedstock in the manufacturing of propylene, which is a fundamental building ingredient for many polymers, including polypropylene. As the need for plastics grows, fueled by industries such as packaging, automotive, and consumer products, so will the demand for propane as a raw ingredient. Propane's role as a dependable and efficient energy source for production operations increases its significance in the plastics industry.

Cost-effectiveness will propel the industrial propane market. Propane is frequently less expensive than other fuels, such as natural gas and electricity, making it an appealing option for businesses looking to cut operational costs. Due to its high energy content, organizations can produce considerable amounts of heat with less fuel, increasing cost efficiency. The comparatively steady pricing of propane when compared to other energy sources enables enterprises to properly budget for their energy requirements. As companies continue to focus cost control and efficiency, the use of propane in industrial applications is likely to rise, propelling market growth.

Country/Region-wise Acumens

Will the Established Infrastructure Accelerate the North American Regions for the Propane Market?

North America has been a dominant player in the propane market for decades. The developed infrastructure will propel the propane market in North America. According to the US Energy Information Administration (EIA), the region has a robust network of roughly 14,000 miles of propane pipes and more than 13,000 retail propane operators. This established infrastructure facilitates propane delivery and accessibility, allowing about 50 million American households to use it for a variety of purposes. Significant production levels, with the US market hitting 2.3 million barrels per day in 2023 and Canada witnessing a 15% growth in output, add to the market's stability. As the North American propane industry is expected to reach USD 58.5 Billion by 2028, existing infrastructure will be critical to supporting further expansion and acceptance in the residential, industrial, and automotive sectors.

A steady economy will drive North America's propane market. The region's strong economic basis and favorable regulatory environment help the business expand. Propane prices have generally remained 30-40% lower than those of gasoline and diesel, promoting market stability. The sector adds more than $40 billion to the US economy each year and employs around 57,000 people. Regulatory actions, such as the EPA's categorization of propane as a clean alternative fuel, have resulted in a 27% rise in commercial applications. With predictions of a 15% increase in propane use by 2030, combined with considerable infrastructure developments, the stable economy is well-positioned to support continued propane market expansion.

Will the Rapid Industrialization Propel the Asia-Pacific Region for the Propane Market?

The Asia-Pacific region is experiencing the fastest growth in propane consumption. The growing industrialization of the Asia-Pacific region is propelling the propane market forward. The International Energy Agency (IEA) projected that industrial propane use increased by 32% between 2020 and 2023, reaching almost 45 million tons per year. Furthermore, Southeast Asia's manufacturing sector has raised propane demand by 25% since 2021, while India's consumption has climbed by 42% as a result of the "Make in India" campaign. Market predictions predict that Asia-Pacific propane demand will reach 110 million tons by 2028, owing to increased industrial activity in the region.

The rising population in Asia-Pacific will considerably impact the propane market. With a predicted population of 4.7 billion by 2025 and 65% categorized as middle-class, residential propane demand has increased by 45% since 2021. Key initiatives, such as India's Pradhan Mantri Ujjwala Yojana, have connected more than 95 million families to clean cooking fuels, predominantly propane, lowering biomass dependency by 35%. The Asian Development Bank predicts that household propane demand would reach 75 million tons per year by 2027, boosted by government efforts promoting clean cooking.

Competitive Landscape

The propane market is a dynamic and competitive space, characterized by a diverse range of players vying for market share. These players are on the run for solidifying their presence through the adoption of strategic plans such as collaborations, mergers, acquisitions, and political support.

The organizations are focusing on innovating their product line to serve the vast population in diverse regions. Some of the prominent players operating in the propane market include:

AmeriGas Propane, Inc.
DCC plc.
China Petroleum & Chemical Corporation (SINOPEC)Ferrellgas
Saudi Arabian Oil Co.
Gazprom, Air Liquide
GAIL (India) Limited
Indian Oil Corporation Ltd.
Suburban Propane L.P.
Royal Dutch Shell Plc
Exxon Mobil Corporation

Latest Developments

In February 2024, ADNOC and BP announced plans to form a new joint venture (JV) in Egypt. This joint venture, with BP owning 51% and ADNOC owning 49%, will use the partners' vast technical experience and strong track records to build a competitive gas portfolio.
In March 2024, TotalEnergies resumed production at its Tyra hub in the Danish North Sea following a large refurbishment project. When running at full capacity, the hub will generate 5.7 million cubic meters of gas and 22,000 barrels of condensate per day. Denmark will become self-sufficient in natural gas, allowing it to resume exports.

1 INTRODUCTION OF GLOBAL PROPANE MARKET

1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH

3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources

4 GLOBAL PROPANE MARKET OUTLOOK

4.1 Overview
4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities

5 GLOBAL PROPANE MARKET, BY APPLICATION

5.1 Overview
5.2 Residential
5.3 Commercial
5.4 Chemicals & Refineries
5.5 Others

6 GLOBAL PROPANE MARKET, BY GEOGRAPHY

6.1 Overview
6.2 North America
- 6.2.1 U.S.
- 6.2.2 Canada
- 6.2.3 Mexico
6.3 Europe
- 6.3.1 Germany
- 6.3.2 U.K.
- 6.3.3 France
- 6.3.4 Rest of Europe
6.4 Asia Pacific
- 6.4.1 China
- 6.4.2 Japan
- 6.4.3 India
- 6.4.4 Rest of Asia Pacific
6.5 Rest of the World
- 6.5.1 Middle East & Africa
- 6.5.2 Latin America

7 GLOBAL PROPANE MARKET COMPETITIVE LANDSCAPE

7.1 Overview
7.2 Company Market ranking
7.3 Key Development Strategies

8 COMPANY PROFILES

8.1 AmeriGas Propane Inc.
- 8.1.1 Overview
- 8.1.2 Financial Performance
- 8.1.3 Product Outlook
- 8.1.4 Key Developments
8.2 DCC plc.
- 8.2.1 Overview
- 8.2.2 Financial Performance
- 8.2.3 Product Outlook
- 8.2.4 Key Developments
8.3 China Petroleum & Chemical Corporation (SINOPEC)
- 8.3.1 Overview
- 8.3.2 Financial Performance
- 8.3.3 Product Outlook
- 8.3.4 Key Developments
8.4 Ferrellgas
- 8.4.1 Overview
- 8.4.2 Financial Performance
- 8.4.3 Product Outlook
- 8.4.4 Key Developments
8.5 Saudi Arabian Oil Co.
- 8.5.1 Overview
- 8.5.2 Financial Performance
- 8.5.3 Product Outlook
- 8.5.4 Key Developments
8.6 Gazprom
- 8.6.1 Overview
- 8.6.2 Financial Performance
- 8.6.3 Product Outlook
- 8.6.4 Key Developments
8.7 Air Liquide
- 8.7.1 Overview
- 8.7.2 Financial Performance
- 8.7.3 Product Outlook
- 8.7.4 Key Developments
8.8 GAIL (India) Limited
- 8.8.1 Overview
- 8.8.2 Financial Performance
- 8.8.3 Product Outlook
- 8.8.4 Key Developments
8.9 Indian Oil Corporation Ltd.
- 8.9.1 Overview
- 8.9.2 Financial Performance
- 8.9.3 Product Outlook
- 8.9.4 Key Developments
8.10 Suburban Propane L.P.
- 8.10.1 Overview
- 8.10.2 Financial Performance
- 8.10.3 Product Outlook
- 8.10.4 Key Developments