APO RESEARCH · REPORT
Liquefied Petroleum Gas (LPG)
Liquefied Petroleum Gas (LPG) is flammable mixtures of hydrocarbon gases used as fuel in heating appliances, cooking equipment, and vehicles.
Product & engineering
Understand the product.
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.
Selected research
Market Structure
Global Liquefied Petroleum Gas (LPG) Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032
Market perspective
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.
Read the full market overview
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%.
The report provides an overview of the global Liquefied Petroleum Gas (LPG) market in terms of capacity, output, revenue, and price, analyzing global market trends using historical revenue and sales data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.
The study covers key producers of Liquefied Petroleum Gas (LPG) and consumption patterns in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.
The report also presents Liquefied Petroleum Gas (LPG) sales, revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.
In addition, the report analyzes segment data by type and application—covering sales, revenue, and price—for 2021-2032, and evaluates and forecasts the Liquefied Petroleum Gas (LPG) market size, projected growth trends, production technologies, key applications, and end-use industries.
Liquefied Petroleum Gas (LPG) Segment by Company
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
Liquefied Petroleum Gas (LPG) Segment by Type
Petroleum Cracking Method
Gas Purification Method
Liquefied Petroleum Gas (LPG) Segment by Application
Civil
Industrial
Others
Liquefied Petroleum Gas (LPG) Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Liquefied Petroleum Gas (LPG) market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Liquefied Petroleum Gas (LPG) and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Liquefied Petroleum Gas (LPG).
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Provides an overview of the Liquefied Petroleum Gas (LPG) market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2021-2032).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Liquefied Petroleum Gas (LPG) industry.
Chapter 3: Detailed analysis of Liquefied Petroleum Gas (LPG) market competition landscape. Including Liquefied Petroleum Gas (LPG) manufacturers' output value, output and average price from 2021 to 2026, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 7: Production/Production Value of Liquefied Petroleum Gas (LPG) by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of Liquefied Petroleum Gas (LPG) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Petroleum Cracking Method
- Gas Purification Method
Applications
- Civil
- Industrial
- Others
Companies 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
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Liquefied Petroleum Gas (LPG) Production Value Estimates and Forecasts (2021-2032)
- 1.2.2 Global Liquefied Petroleum Gas (LPG) Production Capacity Estimates and Forecasts (2021-2032)
- 1.2.3 Global Liquefied Petroleum Gas (LPG) Production Estimates and Forecasts (2021-2032)
- 1.2.4 Global Liquefied Petroleum Gas (LPG) Market Average Price (2021-2032)
- 1.3 Assumptions and Limitations
- 1.4 Study Goals and Objectives
2 Global Liquefied Petroleum Gas (LPG) Market Dynamics
- 2.1 Liquefied Petroleum Gas (LPG) Industry Trends
- 2.2 Liquefied Petroleum Gas (LPG) Industry Drivers
- 2.3 Liquefied Petroleum Gas (LPG) Industry Opportunities and Challenges
- 2.4 Liquefied Petroleum Gas (LPG) Industry Restraints
3 Liquefied Petroleum Gas (LPG) Market by Manufacturers
- 3.1 Global Liquefied Petroleum Gas (LPG) Production Value by Manufacturers (2021-2026)
- 3.2 Global Liquefied Petroleum Gas (LPG) Production by Manufacturers (2021-2026)
- 3.3 Global Liquefied Petroleum Gas (LPG) Average Price by Manufacturers (2021-2026)
- 3.4 Global Liquefied Petroleum Gas (LPG) Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Liquefied Petroleum Gas (LPG) Key Manufacturers Manufacturing Sites & Headquarters
- 3.6 Global Liquefied Petroleum Gas (LPG) Manufacturers, Product Type & Application
- 3.7 Global Liquefied Petroleum Gas (LPG) Manufacturers Established Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Liquefied Petroleum Gas (LPG) Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Liquefied Petroleum Gas (LPG) Players Market Share by Production Value in 2025
- 3.8.3 2025 Liquefied Petroleum Gas (LPG) Tier 1, Tier 2, and Tier 3
4 Liquefied Petroleum Gas (LPG) Market by Type
- 4.1 Liquefied Petroleum Gas (LPG) Type Introduction
- 4.1.1 Petroleum Cracking Method
- 4.1.2 Gas Purification Method
- 4.2 Global Liquefied Petroleum Gas (LPG) Production by Type
- 4.2.1 Global Liquefied Petroleum Gas (LPG) Production by Type (2021 VS 2025 VS 2032)
- 4.2.2 Global Liquefied Petroleum Gas (LPG) Production by Type (2021-2032)
- 4.2.3 Global Liquefied Petroleum Gas (LPG) Production Market Share by Type (2021-2032)
- 4.3 Global Liquefied Petroleum Gas (LPG) Production Value by Type
- 4.3.1 Global Liquefied Petroleum Gas (LPG) Production Value by Type (2021 VS 2025 VS 2032)
- 4.3.2 Global Liquefied Petroleum Gas (LPG) Production Value by Type (2021-2032)
- 4.3.3 Global Liquefied Petroleum Gas (LPG) Production Value Market Share by Type (2021-2032)
5 Liquefied Petroleum Gas (LPG) Market by Application
- 5.1 Liquefied Petroleum Gas (LPG) Application Introduction
- 5.1.1 Civil
- 5.1.2 Industrial
- 5.1.3 Others
- 5.2 Global Liquefied Petroleum Gas (LPG) Production by Application
- 5.2.1 Global Liquefied Petroleum Gas (LPG) Production by Application (2021 VS 2025 VS 2032)
- 5.2.2 Global Liquefied Petroleum Gas (LPG) Production by Application (2021-2032)
- 5.2.3 Global Liquefied Petroleum Gas (LPG) Production Market Share by Application (2021-2032)
- 5.3 Global Liquefied Petroleum Gas (LPG) Production Value by Application
- 5.3.1 Global Liquefied Petroleum Gas (LPG) Production Value by Application (2021 VS 2025 VS 2032)
- 5.3.2 Global Liquefied Petroleum Gas (LPG) Production Value by Application (2021-2032)
- 5.3.3 Global Liquefied Petroleum Gas (LPG) Production Value Market Share by Application (2021-2032)
6 Company Profiles
- 6.1 Saudi Aramco
- 6.1.1 Saudi Aramco Company Information
- 6.1.2 Saudi Aramco Business Overview
- 6.1.3 Saudi Aramco Liquefied Petroleum Gas (LPG) Production, Value and Gross Margin (2021-2026)
- 6.1.4 Saudi Aramco Liquefied Petroleum Gas (LPG) Product Portfolio
- 6.1.5 Saudi Aramco Recent Developments
- 6.2 Sinopec
- 6.2.1 Sinopec Company Information
- 6.2.2 Sinopec Business Overview
- 6.2.3 Sinopec Liquefied Petroleum Gas (LPG) Production, Value and Gross Margin (2021-2026)
- 6.2.4 Sinopec Liquefied Petroleum Gas (LPG) Product Portfolio
- 6.2.5 Sinopec Recent Developments
- 6.3 ADNOC
- 6.3.1 ADNOC Company Information
- 6.3.2 ADNOC Business Overview
- 6.3.3 ADNOC Liquefied Petroleum Gas (LPG) Production, Value and Gross Margin (2021-2026)
- 6.3.4 ADNOC Liquefied Petroleum Gas (LPG) Product Portfolio
- 6.3.5 ADNOC Recent Developments
- 6.4 CNPC
- 6.4.1 CNPC Company Information
- 6.4.2 CNPC Business Overview
- 6.4.3 CNPC Liquefied Petroleum Gas (LPG) Production, Value and Gross Margin (2021-2026)
- 6.4.4 CNPC Liquefied Petroleum Gas (LPG) Product Portfolio
- 6.4.5 CNPC Recent Developments
- 6.5 Exxon Mobil
- 6.5.1 Exxon Mobil Company Information
- 6.5.2 Exxon Mobil Business Overview
- 6.5.3 Exxon Mobil Liquefied Petroleum Gas (LPG) Production, Value and Gross Margin (2021-2026)
- 6.5.4 Exxon Mobil Liquefied Petroleum Gas (LPG) Product Portfolio
- 6.5.5 Exxon Mobil Recent Developments
- 6.6 KNPC
- 6.6.1 KNPC Company Information
- 6.6.2 KNPC Business Overview
- 6.6.3 KNPC Liquefied Petroleum Gas (LPG) Production, Value and Gross Margin (2021-2026)
- 6.6.4 KNPC Liquefied Petroleum Gas (LPG) Product Portfolio
- 6.6.5 KNPC Recent Developments
- 6.7 Phillips66
- 6.7.1 Phillips66 Company Information
- 6.7.2 Phillips66 Business Overview
- 6.7.3 Phillips66 Liquefied Petroleum Gas (LPG) Production, Value and Gross Margin (2021-2026)
- 6.7.4 Phillips66 Liquefied Petroleum Gas (LPG) Product Portfolio
- 6.7.5 Phillips66 Recent Developments
- 6.8 Bharat Petroleum
- 6.8.1 Bharat Petroleum Company Information
- 6.8.2 Bharat Petroleum Business Overview
- 6.8.3 Bharat Petroleum Liquefied Petroleum Gas (LPG) Production, Value and Gross Margin (2021-2026)
- 6.8.4 Bharat Petroleum Liquefied Petroleum Gas (LPG) Product Portfolio
- 6.8.5 Bharat Petroleum Recent Developments
- 6.9 Pemex
- 6.9.1 Pemex Company Information
- 6.9.2 Pemex Business Overview
- 6.9.3 Pemex Liquefied Petroleum Gas (LPG) Production, Value and Gross Margin (2021-2026)
- 6.9.4 Pemex Liquefied Petroleum Gas (LPG) Product Portfolio
- 6.9.5 Pemex Recent Developments
- 6.10 Total
- 6.10.1 Total Company Information
- 6.10.2 Total Business Overview
- 6.10.3 Total Liquefied Petroleum Gas (LPG) Production, Value and Gross Margin (2021-2026)
- 6.10.4 Total Liquefied Petroleum Gas (LPG) Product Portfolio
- 6.10.5 Total Recent Developments
- 6.11 Qatar Petroleum
- 6.11.1 Qatar Petroleum Company Information
- 6.11.2 Qatar Petroleum Business Overview
- 6.11.3 Qatar Petroleum Liquefied Petroleum Gas (LPG) Production, Value and Gross Margin (2021-2026)
- 6.11.4 Qatar Petroleum Liquefied Petroleum Gas (LPG) Product Portfolio
- 6.11.5 Qatar Petroleum Recent Developments
- 6.12 Equinor
- 6.12.1 Equinor Company Information
- 6.12.2 Equinor Business Overview
- 6.12.3 Equinor Liquefied Petroleum Gas (LPG) Production, Value and Gross Margin (2021-2026)
- 6.12.4 Equinor Liquefied Petroleum Gas (LPG) Product Portfolio
- 6.12.5 Equinor Recent Developments
- 6.13 BP
- 6.13.1 BP Company Information
- 6.13.2 BP Business Overview
- 6.13.3 BP Liquefied Petroleum Gas (LPG) Production, Value and Gross Margin (2021-2026)
- 6.13.4 BP Liquefied Petroleum Gas (LPG) Product Portfolio
- 6.13.5 BP Recent Developments
- 6.14 Gazprom
- 6.14.1 Gazprom Company Information
- 6.14.2 Gazprom Business Overview
- 6.14.3 Gazprom Liquefied Petroleum Gas (LPG) Production, Value and Gross Margin (2021-2026)
- 6.14.4 Gazprom Liquefied Petroleum Gas (LPG) Product Portfolio
- 6.14.5 Gazprom Recent Developments
- 6.15 Chevron
- 6.15.1 Chevron Company Information
- 6.15.2 Chevron Business Overview
- 6.15.3 Chevron Liquefied Petroleum Gas (LPG) Production, Value and Gross Margin (2021-2026)
- 6.15.4 Chevron Liquefied Petroleum Gas (LPG) Product Portfolio
- 6.15.5 Chevron Recent Developments
- 6.16 ConocoPhillips Company
- 6.16.1 ConocoPhillips Company Company Information
- 6.16.2 ConocoPhillips Company Business Overview
- 6.16.3 ConocoPhillips Company Liquefied Petroleum Gas (LPG) Production, Value and Gross Margin (2021-2026)
- 6.16.4 ConocoPhillips Company Liquefied Petroleum Gas (LPG) Product Portfolio
- 6.16.5 ConocoPhillips Company Recent Developments
- 6.17 SHV Energy (NL)
- 6.17.1 SHV Energy (NL) Company Information
- 6.17.2 SHV Energy (NL) Business Overview
- 6.17.3 SHV Energy (NL) Liquefied Petroleum Gas (LPG) Production, Value and Gross Margin (2021-2026)
- 6.17.4 SHV Energy (NL) Liquefied Petroleum Gas (LPG) Product Portfolio
- 6.17.5 SHV Energy (NL) Recent Developments
- 6.18 Valero Energy
- 6.18.1 Valero Energy Company Information
- 6.18.2 Valero Energy Business Overview
- 6.18.3 Valero Energy Liquefied Petroleum Gas (LPG) Production, Value and Gross Margin (2021-2026)
- 6.18.4 Valero Energy Liquefied Petroleum Gas (LPG) Product Portfolio
- 6.18.5 Valero Energy Recent Developments
7 Global Liquefied Petroleum Gas (LPG) Production by Region
- 7.1 Global Liquefied Petroleum Gas (LPG) Production by Region: 2021 VS 2025 VS 2032
- 7.2 Global Liquefied Petroleum Gas (LPG) Production by Region (2021-2032)
- 7.2.1 Global Liquefied Petroleum Gas (LPG) Production by Region (2021-2026)
- 7.2.2 Global Liquefied Petroleum Gas (LPG) Production Forecast by Region (2027-2032)
- 7.3 Global Liquefied Petroleum Gas (LPG) Production by Region: 2021 VS 2025 VS 2032
- 7.4 Global Liquefied Petroleum Gas (LPG) Production Value by Region (2021-2032)
- 7.4.1 Global Liquefied Petroleum Gas (LPG) Production Value by Region (2021-2026)
- 7.4.2 Global Liquefied Petroleum Gas (LPG) Production Value by Region (2027-2032)
- 7.5 Global Liquefied Petroleum Gas (LPG) Market Price Analysis by Region (2021-2032)
- 7.6 Regional Production Value Trends (2021-2032)
- 7.6.1 North America Liquefied Petroleum Gas (LPG) Production Value (2021-2032)
- 7.6.2 Europe Liquefied Petroleum Gas (LPG) Production Value (2021-2032)
- 7.6.3 Asia-Pacific Liquefied Petroleum Gas (LPG) Production Value (2021-2032)
- 7.6.4 South America Liquefied Petroleum Gas (LPG) Production Value (2021-2032)
- 7.6.5 Middle East & Africa Liquefied Petroleum Gas (LPG) Production Value (2021-2032)
8 Global Liquefied Petroleum Gas (LPG) Consumption by Region
- 8.1 Global Liquefied Petroleum Gas (LPG) Consumption by Region: 2021 VS 2025 VS 2032
- 8.2 Global Liquefied Petroleum Gas (LPG) Consumption by Region (2021-2032)
- 8.2.1 Global Liquefied Petroleum Gas (LPG) Consumption by Region (2021-2026)
- 8.2.2 Global Liquefied Petroleum Gas (LPG) Consumption by Region (2027-2032)
- 8.3 North America
- 8.3.1 North America Liquefied Petroleum Gas (LPG) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3.2 North America Liquefied Petroleum Gas (LPG) Consumption by Country (2021-2032)
- 8.3.3 U.S.
- 8.3.4 Canada
- 8.3.5 Mexico
- 8.4 Europe
- 8.4.1 Europe Liquefied Petroleum Gas (LPG) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.4.2 Europe Liquefied Petroleum Gas (LPG) Consumption by Country (2021-2032)
- 8.4.3 Germany
- 8.4.4 France
- 8.4.5 U.K.
- 8.4.6 Italy
- 8.4.7 Netherlands
- 8.5 Asia Pacific
- 8.5.1 Asia Pacific Liquefied Petroleum Gas (LPG) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.5.2 Asia Pacific Liquefied Petroleum Gas (LPG) Consumption by Country (2021-2032)
- 8.5.3 China
- 8.5.4 Japan
- 8.5.5 South Korea
- 8.5.6 Southeast Asia
- 8.5.7 India
- 8.5.8 Australia
- 8.6 South America
- 8.6.1 South America Liquefied Petroleum Gas (LPG) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.6.2 South America Liquefied Petroleum Gas (LPG) Consumption by Country (2021-2032)
- 8.6.3 Brazil
- 8.6.4 Argentina
- 8.6.5 Chile
- 8.6.6 Colombia
- 8.7 Middle East & Africa
- 8.7.1 Middle East & Africa Liquefied Petroleum Gas (LPG) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.7.2 Middle East & Africa Liquefied Petroleum Gas (LPG) Consumption by Country (2021-2032)
- 8.7.3 Egypt
- 8.7.4 South Africa
- 8.7.5 Israel
- 8.7.6 Türkiye
- 8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
- 9.1 Liquefied Petroleum Gas (LPG) Value Chain Analysis
- 9.1.1 Liquefied Petroleum Gas (LPG) Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Manufacturing Cost Structure
- 9.1.4 Liquefied Petroleum Gas (LPG) Production Mode & Process
- 9.2 Liquefied Petroleum Gas (LPG) Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Liquefied Petroleum Gas (LPG) Distributors
- 9.2.3 Liquefied Petroleum Gas (LPG) Customers
10 Concluding Insights
11 Appendix
- 11.1 Reasons for Doing This Study
- 11.2 Research Methodology
- 11.3 Research Process
- 11.4 Authors List of This Report
- 11.5 Data Source
- 11.5.1 Secondary Sources
- 11.5.2 Primary Sources
- 11.6 Disclaimer
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