Liquefied Petroleum Gas Market by Sources (Refineries, Associated and non-Associated), by Application (Residential/commercial, chemical , industrial and auto gas & Others), by Regions - Trends & Forecast to 2019

The global liquefied petroleum gas market is estimated to grow at a CAGR of 4.0% from 2014 to 2019. Although the mature markets (such as the U.S., Russia, and Saudi Arabia) hold larger shares in the liquefied petroleum gas market, the Asia-Pacific region is expected to grow at the fastest CAGR of 5.3% during the forecast period of 2014 to 2019. The market growth for each region differs according to the particular application in each region. In the Asia-Pacific and Latin America regions, the residential/commercial consumption is expected to drive the demand for LPG, due to the promotion of the use of LPG by the various governments in these regions. In Europe and North America, the demand for LPG is expected to increase due to the extensive use of LPG as auto gas. In the Middle East & Africa region, the LPG market is expected to be driven by the rising demand in the chemical and auto gas applications of liquefied petroleum gas, due to large scale availability and lower GHGs emissions of LPG.

Geographically, Asia-Pacific (comprising China, Japan, India, and South Korea, among others) is estimated to command the largest share of the liquefied petroleum gas market in 2014, followed by the North American region. The LPG market in the Asia-Pacific region is primarily driven by factors including large population base, energy efficiency, and environmental concerns. 

The global liquefied petroleum gas market is a competitive market with a number of market players present globally. As of 2014, the global liquefied petroleum gas market is dominated by Gazprom (Russia), PetroChina Co. Ltd. (China), Sinopec (China), Saudi Aramco (Saudi Arabia), Royal Dutch Shell plc (Netherlands), Petronas (Malaysia), Exxon Mobil Corp. (U.S.), BP plc (U.K.), Petron Corp. (Philippine), and Phillips 66 (U.S.). New product launches, partnerships, agreements, collaborations, and joint ventures are among the major strategies adopted by most market players to sustain their market positions in the global liquefied petroleum gas market.

Table of Contents

1 Introduction (Page No. - 12)
    1.1 Objectives of the Study
    1.2 Market Definition and Scope of the Study
    1.3 Markets Covered
    1.4 Stakeholders

2 Research Methodology (Page No. - 14)
    2.1 Integrated Ecosystem of LPG Market
    2.2 Arriving at the Global LPG Market Size
    2.3 Top-Down Approach
    2.4 Bottom-Up Approach
    2.5 Demand Side Approach
    2.6 Macroindicator - Based Approach
    2.7 Assumptions

3 Executive Summary (Page No. - 21)

4 Market Overview (Page No. - 23)
    4.1 Introduction
    4.2 Drivers and Inhibitors of Global LPG Market
           4.2.1 Auxiliary Tables
    4.3 Impact Analysis
           4.3.1 Impact Analysis of Drivers
    4.4 Key Market Dynamics
    4.5 Demand Side Analysis
    4.6 Vendor Side Analysis

5 Liquefied Petroleum Gas Market, By Source (Page No. - 31)
    5.1 Introduction
    5.2 Global LPG Market, By Source
    5.3 Refineries
    5.4 Non – Associated Gases
    5.5 Associated Gases

6 Liquefied Petroleum Gas Market, By Application (Page No. - 37)
    6.1 Introduction
    6.2 Global Liquefied Petroleum Gas Market, By Application
    6.3 Global Residential/Commercial Liquefied Petroleum Gas Market, By Region
           6.3.1 North American Residential/Commercial LPG Market, By Country
           6.3.2 Asia-Pacific Residential/Commercial Liquefied Petroleum Gas, By Country
           6.3.3 Eurasia Residential/Commercial Liquefied Petroleum Gas, By Country
           6.3.4 MEA Residential/Commercial Liquefied Petroleum Gas, By Country
           6.3.5 Latin America Residential/Commercial Liquefied Petroleum Gas, By Country
    6.4 Global Chemical Liquefied Petroleum Gas Market, By Region
           6.4.1 North America Chemical LPG Market, By Country
           6.4.2 Asia-Pacific Chemical LPG Market, By Country
           6.4.3 Eurasia Chemical LPG Market, By Country
           6.4.4 MEA Chemical LPG Market, By Country
           6.4.5 Latin America Chemical LPG Market, By Country
    6.5 Global Industrial Liquefied Petroleum Gas Market, By Region
           6.5.1 North America Industrial LPG Market, By Country
           6.5.2 Asia-Pacific Industrial LPG Market, By Country
           6.5.3 Eurasia Industrial LPG Market, By Country
           6.5.4 MEA Industrial LPG Market, By Country
           6.5.5 Latin America Industrial LPG Market, By Country
    6.6 Global Autogas Liquefied Petroleum Gas Market, By Region
           6.6.1 North American Auto Gas LPG Market, By Country
           6.6.2 Asia-Pacific Auto Gas LPG Market, By Country
           6.6.3 Eurasia Auto Gas LPG Market, By Country
           6.6.4 MEA Auto Gas LPG Market, By Country
           6.6.5 Latin America Auto Gas LPG Market, By Country

7 Liquefied Petroleum Gas Market, By Region (Page No. - 64)
    7.1 Introduction
    7.2 Global Liquefied Petroleum Gas Market, By Region
    7.3 Asia –Pacific LPG Market
           7.3.1 Asia -Pacific LPG Market, By Country
           7.3.2 Asia-Pacific LPG Market, By Source
           7.3.3 Asia-Pacific LPG Market, By Application
    7.4 North America Liquefied Petroleum Gas Market
           7.4.1 North America LPG Market, By Country
           7.4.2 North America LPG Market, By Source
           7.4.3 North America LPG Market, By Application
    7.5 MEA Liquefied Petroleum Gas Market
           7.5.1 MEA LPG Market, By Country
           7.5.2 MEA LPG Market, By Source
           7.5.3 MEA LPG Market, By Application
    7.6 Eurasia Liquefied Petroleum Gas Market
           7.6.1 Eurasia LPG Market, By Country
           7.6.2 Eurasia LPG Market, By Source
           7.6.3 Eurasia LPG Market, By Application
    7.7 Latin America Liquefied Petroleum Gas Market
           7.7.1 Latin America LPG Market, By Country
           7.7.2 Latin America LPG Market, By Source
           7.7.3 Latin America LPG Market, By Application

8 Global Liquefied Petroleum Gas Market: Competitive Landscape (Page No. - 92)
    8.1 Liquefied Petroleum Gas Market: Company Share Analysis
    8.2 Competitive Landscape
           8.2.1 Expansion
           8.2.2 Joint Ventures/ Partnership
           8.2.3 New Contract
           8.2.4 Agreement
           8.2.5 Mergers & Acquisitions
           8.2.6 New Technology
           8.2.7 Others

9 Liquefied Petroleum Gas Market, By Company (Page No. - 100)
(Overview, Financials, Products & Services, Strategy, and Developments)*
    9.1 Gazprom
    9.2 Sinopec (China Petroleum & Chemical Corp.)
    9.3 Petrochina Company Limited
    9.4 Exxon Mobil Corp.
    9.5 Saudi Aramco
    9.6 Royal Dutch Shell
    9.7 Phillips 66
    9.8 Petronas
    9.9 BP PLC
    9.10 Total S.A.
    9.11 Petron Corp.
    9.12 Qatargas
    9.13 Indian Oil Corp.
*Details on Overview, Financials, Product & Services, Strategy, and Developments Might Not be Captured In Case of Unlisted Company

List of Tables (127 Tables)

Table 1 Global Liquefied Petroleum Gas Application Market, 2014 (Million Tonnes)
Table 2 Crude Oil Production, By Region, 2009-2013 (1,000 Barrels/Day)
Table 3 Global Liquefied Petroleum Gas Market: Drivers and Inhibitors
Table 4 Carbon Emissions From Different Fuels (Kg Co2/Mmbtu)
Table 5 Energy Content of Different Fuels, (Kilojoule/Kg)
Table 6 Global LPG Market, By Source, 2013-2019 (Million Tonnes)
Table 7 Global LPG Market, By Source, 2013-2019 (USD Billion)
Table 8 Global LPG Market: Refineries, By Region, 2013-2019 (Million Tonnes)
Table 9 Global LPG Market: Refineries, By Region, 2013-2019 (USD Billion)
Table 10 Global LPG Market: Non-Associated Gases,By Region, 2013-2019 (Million Tonnes)
Table 11 Global LPG Market: Non-Associated Gases,By Region, 2013-2019 (USD Billion)
Table 12 Global LPG Market: Associated Gases,By Region, 2013-2019 (Million Tonnes)
Table 13 Global LPG Market: Associated Gases, By Region, 2013-2019 (USD Billion)
Table 14 Global LPG Market, By Application, 2013-2019 (Million Tonnes)
Table 15 Global LPG Market, By Application, 2013-2019 (USD Billion)
Table 16 Global Residential/Commercial LPG Market,By Region, 2013-2019 (Million Tonnes)
Table 17 Global Residential/Commercial LPG Market,By Region, 2013-2019 (USD Billion)
Table 18 North American Residential/Commercial LPG Market,By Country, 2013-2019 (Million Tonnes)
Table 19 North American Residential/Commercial LPG Market,By Country, 2013-2019 (USD Billion)
Table 20 Asia-Pacific Residential/Commercial LPG Market,By Country, 2013-2019 (Million Tonnes)
Table 21 Asia-Pacific Residential/Commercial LPG Market Size,By Country, 2013-2019 (USD Billion)
Table 22 Eurasia Residential/Commercial LPG Market,By Country, 2013-2019 (Million Tonnes)
Table 23 Eurasia Residential/Commercial LPG Market,By Country, 2013-2019 (USD Billion)
Table 24 MEA Residential/Commercial LPG Market,By Country, 2013-2019 (Million Tonnes)
Table 25 MEA Residential/Commercial LPG Market,By Country, 2013-2019 (USD Billion)
Table 26 Latin America Residential/Commercial LPG Market,By Country, 2013-2019 (Million Tonnes)
Table 27 Latin America Residential/Commercial LPG Market,By Country 2013-2019 (USD Billion)
Table 28 Global Chemical LPG Market, By Region, 2013-2019 (Million Tonnes)
Table 29 Global Chemical LPG Market, By Region, 2013-2019 (USD Billion)
Table 30 North America Chemical LPG Market,By Country, 2013-2019 (Million Tonnes)
Table 31 North America Chemical LPG Market, By Country, 2013-2019 (USD Billion)
Table 32 Asia-Pacific Chemical LPG Market, By Country, 2013-2019 (Million Tonnes)
Table 33 Asia-Pacific Chemical LPG Market, By Country, 2013-2019 (USD Billion)
Table 34 Eurasia Chemical LPG Market, By Country, 2013-2019 (Million Tonnes)
Table 35 Eurasia Chemical LPG Market, By Country, 2013-2019 (USD Billion)
Table 36 MEA Chemical LPG Market, By Country, 2013-2019 (Million Tonnes)
Table 37 MEA Chemical LPG Market, By Country, 2013-2019 (USD Billion)
Table 38 Latin America Chemical LPG Market,By Country, 2013-2019 (Million Tonnes)
Table 39 Latin America Chemical LPG Market, By Country, 2013-2019 (USD Billion)
Table 40 Global Industrial LPG Market, By Region, 2013-2019 (Million Tonnes)
Table 41 Global Industrial LPG Market, By Region, 2013-2019 (USD Billion)
Table 42 North America Industrial LPG Market,By Country, 2013-2019 (Million Tonnes)
Table 43 North America Industrial LPG Market, By Country, 2013-2019 (USD Billion)
Table 44 Asia-Pacific Industrial LPG Market, By Country, 2013-2019 (Million Tonnes)
Table 45 Asia-Pacific Industrial LPG Market, By Country, 2013-2019 (USD Billion)
Table 46 Eurasia Industrial LPG Market, By Country, 2013-2019 (Million Tonnes)
Table 47 Eurasia Industrial LPG Market, By Country, 2013-2019 (USD Billion)
Table 48 MEA Industrial LPG Market, By Country, 2013-2019 (Million Tonnes)
Table 49 MEA Industrial LPG Market, By Country, 2013-2019 (USD Billion)
Table 50 Latin America Industrial LPG Market,By Country, 2013-2019 (Million Tonnes)
Table 51 Latin America Industrial LPG Market, By Country, 2013-2019 (USD Billion)
Table 52 Global Auto Gas LPG Market, By Region, 2013-2019 (Million Tonnes)
Table 53 Global Auto Gas LPG Market, By Region, 2013-2019 (USD Billion)
Table 54 North American Auto Gas LPG Market,By Country, 2013-2019 (Million Tonnes)
Table 55 North American Auto Gas LPG Market, By Country, 2013-2019 (USD Billion)
Table 56 Asia-Pacific Auto Gas LPG Market, By Country, 2013-2019 (Million Tonnes)
Table 57 Asia-Pacific Auto Gas LPG Market, By Country, 2013-2019 (USD Billion)
Table 58 Eurasia Auto Gas LPG Market, By Country, 2013-2019 (Million Tonnes)
Table 59 Eurasia Auto Gas LPG Market, By Country, 2013-2019 (USD Billion)
Table 60 MEA Auto Gas LPG Market, By Country, 2013-2019 (Million Tonnes)
Table 61 MEA Auto Gas LPG Market, By Country, 2013-2019 (USD Billion)
Table 62 Latin America Auto Gas LPG Market,By Country, 2013-2019 (Million Tonnes)
Table 63 Latin America Auto Gas LPG Market, By Country, 2013-2019 (USD Billion)
Table 64 Global LPG Market, By Region, 2013-2019 (Million Tonnes)
Table 65 Global LPG Market, By Region, 2013-2019 (USD Billion)
Table 66 Asia-Pacific LPG Market Size, By Country, 2013-2019 (Million Tonnes)
Table 67 Asia-Pacific LPG Market Size, By Country, 2013-2019 (USD Billion)
Table 68 Asia-Pacific LPG Market Size, By Source, 2013-2019 (Million Tonnes)
Table 69 Asia-Pacific LPG Market Size, By Source, 2013-2019 (USD Billion)
Table 70 Asia-Pacific LPG Market, By Application, 2013-2019 (Million Tonnes)
Table 71 Asia-Pacific LPG Market, By Application, 2013-2019 (USD Billion)
Table 72 North America LPG Market, By Country, 2013-2019 (Million Tonnes)
Table 73 North America LPG Market Size, By Country, 2013-2019 (USD Billion)
Table 74 North America LPG Market, By Source, 2013-2019 (Million Tonnes)
Table 75 North America LPG Market, By Source, 2013-2019 (USD Billion)
Table 76 North America LPG Market, By Application, 2013-2019 (Million Tonnes)
Table 77 North America LPG Market, By Application, 2013-2019 (USD Billion)
Table 78 MEA LPG Market, By Country, 2013-2019 (Million Tonnes)
Table 79 MEA LPG Market, By Country, 2013-2019 (USD Billion)
Table 80 MEA LPG Market, By Source, 2013-2019 (Million Tonnes)
Table 81 MEA LPG Market, By Source, 2013-2019 (USD Billion)
Table 82 MEA LPG Market, By Application, 2013-2019 (Million Tonnes)
Table 83 MEA LPG Market, By Application, 2013-2019 (USD Billion)
Table 84 Eurasia LPG Market, By Country, 2013-2019 (Million Tonnes)
Table 85 Eurasia LPG Market, By Country, 2013-2019 (USD Billion)
Table 86 Eurasia LPG Market, By Source, 2013-2019 (Million Tonnes)
Table 87 Eurasia LPG Market, By Source, 2013-2019 (USD Billion)
Table 88 Eurasia LPG Market, By Application, 2013-2019 (Million Tonnes)
Table 89 Eurasia LPG Market, By Application, 2013-2019 (USD Billion)
Table 90 Latin America LPG Market, By Country, 2013-2019 (Million Tonnes)
Table 91 Latin America LPG Market, By Country, 2013-2019 (USD Billion)
Table 92 Latin America LPG Market, By Source, 2013-2019 (Million Tonnes)
Table 93 Latin America LPG Market, By Source, 2013-2019 (USD Billion)
Table 94 Latin America LPG Market, By Application, 2013-2019 (Million Tonnes)
Table 95 Latin America LPG Market, By Application, 2013-2019 (USD Billion)
Table 96 Key Financials, 2009-2013, (USD Million)
Table 97 Net Sales By Business Segment, 2009-2013, (USD Million)
Table 98 Key Financials , 2009-2013, (USD Million)
Table 99 Net Sales By Business Segment, 2009-2013 (USD Million)
Table 100 Net Sales, By Geographical Region, 2009-2013 (USD Million)
Table 101 Key Financials, 2009-2013 (USD Million)
Table 102 Net Sales, By Business Segment, 2009-2013 (USD Million)
Table 103 Net Sales, By Geographical Regions, 2009-2013 (USD Million)
Table 104 Key Financials, 2009-2013 (USD Million)
Table 105 Net Sales, By Business Segment, 2009-2013 (USD Million)
Table 106 Net Sales, By Geographical Region, 2009-2013 (USD Million)
Table 107 Key Financials, 2009-2013 (USD Million)
Table 108 Net Sales, By Business Segment, 2009-2013 (USD Million)
Table 109 Net Sales, By Geographical Region, 2009-2013 (USD Million)
Table 110 Key Financials, 2009-2013 (USD Million)
Table 111 Net Sales, By Business Segment, 2009-2013 (USD Million)
Table 112 Net Sales, By Geographical Region, 2009-2013 (USD Million)
Table 113 Key Financials, 2009-2013 (USD Million)
Table 114 Net Sales, By Business Segment, 2009-2013 (USD Million)
Table 115 Net Sales, By Product Segment, 2009-2013 (USD Million)
Table 116 Net Sales, By Geographical Region, 2009-2013 (USD Million)
Table 117 Key Financials, 2009-2013 (USD Million)
Table 118 Net Sales, By Business Segment, 2009-2013 (USD Million)
Table 119 Net Sales, By Geographical Region, 2009-2013 (USD Million)
Table 120 Key Financials, 2009-2013 (USD Million)
Table 121 Net Sales, By Business Segment, 2009-2013 (USD Million)
Table 122 Net Sales, By Geographical Region, 2009-2013 (USD Million)
Table 123 Key Financials, 2009-2013 (USD Million)
Table 124 Net Sales, By Business Segment, 2009-2013 (USD Million)
Table 125 Net Sales, By Geographical Region, 2009-2013 (USD Million)
Table 126 Key Financials, 2010-2014 (USD Million)
Table 127 Net Sales, By Business Segment, 2010-2014 (USD Million)

List of Figures (63 Figures)

Figure 1 Global LPG Market : Segmentation & Coverage
Figure 2 Global LPG Market: Integrated Ecosysytem
Figure 3 Research Methodology
Figure 4 Top - Down Approach
Figure 5 Bottom-Up Approach
Figure 6 Demand Side Approach
Figure 7 LPG Market Snapshot
Figure 8 Global Liquefied Petroleum Market: Growth Prospects,2013
Figure 9 Global LPG Market Comparison, By Source, 2013–2019
Figure 10 LPG: Global Market Share By Application: (2013)
Figure 11 Global LPG Market, By Application, 2014 vs 2019
Figure 12 Global LPG Market Region, By Sources 2014, (USD Billion)
Figure 13 Global LPG Market, By Application, Value and Volume Cagr, 2014-2019
Figure 14 Global LPG Demand Side Analysis ,2013-2019
Figure 15 Global LPG Market, By Source, 2014-2019 (Million Tonnes)
Figure 16 Global LPG Market, By Source, 2014-2019 (USD Billion)
Figure 17 Global LPG Market, By Application, 2014-2019 (Million Tonnes)
Figure 18 Global Residential/Commercial LPG Market,By Region, 2013-2019, (USD Billion)
Figure 19 Global Chemical LPG Market, By Region, 2013-2019 (USD Billion)
Figure 20 Global Industrial LPG Market, By Region, 2013-2019 (USD Billion)
Figure 21 Global Auto Gas LPG Market, By Region, 2013-2019 (USD Billion)
Figure 22 Asia- Pacific LPG Market Overview, 2014-2019
Figure 23 Asia- Pacific LPG Market, By Country, 2013-2019 (USD Billion)
Figure 24 Asia-Pacific LPG Market: Countries Snapshot, 2014-2019, (USD Billion)
Figure 25 Asia Pacific LPG Market, By Source, 2014-2019 (%)
Figure 26 Asia-Pacific LPG Market Share, By Application, 2013
Figure 27 Asia Pacific LPG Market, By Application, 2014-2019 (%)
Figure 28 North America LPG Market, Overview, 2014-2019
Figure 29 North America LPG Market, By Country, 2013-2019 (USD Billion)
Figure 30 North America LPG Market: Countries Snapshot, 2014-2019, (USD Billion)
Figure 31 North America LPG Market Share, By Source, 2014 & 2019 (%)
Figure 32 North America LPG Market Share, By Application, 2013
Figure 33 North America LPG Market Share, By Application, 2014-2019 (%)
Figure 34 MEA LPG Market, Overview, 2014 & 2019 (%)
Figure 35 MEA LPG Market, By Country, 2013-2019 (USD Billion)
Figure 36 MEA LPG Market: Countries Snapshot, 2014-2019, (USD Billion)
Figure 37 MEA LPG Market Share, By Source, 2014-2019 (%)
Figure 38 MEA LPG Market Share, By Application, 2013
Figure 39 MEA LPG Market Share, By Application, 2014 & 2019 (%)
Figure 40 Eurasia LPG Market, 2014 & 2019, Overview
Figure 41 Eurasia LPG Market, By Country, 2013-2019 (USD Billion)
Figure 42 Eurasia LPG Market: Countries Snapshot, 2014 & 2019, (USD Billion)
Figure 43 Eurasia LPG Market Share, By Source, 2014 & 2019 (%)
Figure 44 Eurasia LPG Market Share, By Application, 2013s
Figure 45 Eurasia LPG Market Share, By Application, 2014 & 2019 (%)
Figure 46 Latin America LPG Market, 2014 & 2019, Market Overview
Figure 47 Latin America LPG Market, By Country, 2013-2019 (USD Billion)
Figure 48 Latin America LPG Market: Countries Snapshot, 2014 & 2019, (USD Billion)
Figure 49 Latin America LPG Market Share, By Source, 2014 & 2019 (%)
Figure 50 Latin America LPG Market Share, By Application, 2013-2019, (USD Billion)
Figure 51 Latin America LPG Market Share, By Application, 2014 & 2019 (%)
Figure 52 Global LPG Market: Company Share Analysis, 2014 (%)
Figure 53 Gazprom Revenue Mix, 2013 (%)
Figure 54 Sinopec Corp Revenue Mix, 2013 (%)
Figure 55 Petrochina Company Ltd Revenue Mix, 2013 (%)
Figure 56 Exxon Mobil Corp. Revenue Mix, 2013 (%)
Figure 57 Royal Dutch Shell Revenue Mix, 2013 (%)
Figure 58 Phillips 66 Revenue Mix, 2013 (%)
Figure 59 Petronas Revenue Mix, 2013 (%)
Figure 60 BP PLC Revenue Mix, 2013 (%)
Figure 61 Total S.A. Revenue Mix, 2013 (%)
Figure 62 Petron Corp. Revenue Mix, 2013 (%)
Figure 63 Indian Oil Corp, Revenue Mix 2014 (%)

Liquefied Petroleum Gas (LPG) market comprises a mixture of propane (28%), butane, and Isobutane (70%), and some heavier hydrocarbons having more than four carbon atoms in them. It is a highly flammable mixture of hydrocarbon gases, and is used as fuel in heating appliances, cooking equipment, and vehicles, among other applications.

The largest share of Liquefied Petroleum Gas is produced from crude oil refining. Other sources of LPG production are non-associated gas and associated gas processing. Unconventional gas has recently emerged as a commercially viable source of Liquefied Petroleum Gas production, and has been accounted for in the non-associated gas category.

Liquefied Petroleum Gas finds the maximum application in the residential & commercial sector. Asia-Pacific was the largest consumer of Liquefied Petroleum Gas in 2013 globally, with countries such as China and India accounting for a significant portion of the consumption. Large rural populations in Asia-Pacific are likely to be one of the major demand drivers for Liquefied Petroleum Gas consumption in the coming years. The LPG sector is continuously growing and Liquefied Petroleum Gas providers are strategically positioned to take advantage of increasing gas demand from the developing world. Liquefied Petroleum Gas is a clean burning, non-poisonous, dependable, and high-performance fuel stored and transported in containers as a liquid, but is generally drawn out and used as gas.

The global Liquefied Petroleum Gas market demand is primarily driven by government initiatives to increase consumption of LPG as cooking fuel and auto fuel. In recent years, high growth has been observed in the liquefied petroleum gas market due to the ease of its use. It can combust completely and can be optimally used for applications such as residential/commercial, industrial, chemical, and auto gas, among others.  

The global LPG market was valued at $236.8 billion in 2014 and is expected to reach a value of $288.7 billion by 2019, at a CAGR of 4.0% from 2014 to 2019. Asia-Pacific is projected to grow at the fastest CAGR of 6.3% from 2014 to 2019 to reach a market size of $56.9 billion by 2019. The residential/commercial application segment held the largest market share of 47% of the global liquefied petroleum gas market in 2014.

An in-depth market share analysis, by revenue, of the top companies is included in the report. These numbers are arrived at based on key facts, annual financial information from annual reports, and interviews with industry experts and key opinion leaders, such as CEOs, directors, and marketing executives. Top market players who have established strong bases in the global liquefied petroleum gas market are Royal Dutch Shell plc (Netherlands), Phillips 66 (U.K.), and Petronas (Malaysia).