Global Liquefied Petroleum Gas (LPG) Market by Size, by Type, by Application, by Region, History and Forecast 2020-2031

Summary

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.

According to APO Research, The global Liquefied Petroleum Gas (LPG) market is projected to grow from US$ million in 2025 to US$ million by 2031, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

The US & Canada market for Liquefied Petroleum Gas (LPG) is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Asia-Pacific market for Liquefied Petroleum Gas (LPG) is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The China market for Liquefied Petroleum Gas (LPG) is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Europe market for Liquefied Petroleum Gas (LPG) is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The major global manufacturers of Liquefied Petroleum Gas (LPG) include Saudi Aramco, Sinopec, ADNOC, CNPC, Exxon Mobil, KNPC, Phillips66, Bharat Petroleum and Pemex, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

In terms of production side, this report researches the Liquefied Petroleum Gas (LPG) production, growth rate, market share by manufacturers and by region (region level and country level), from 2020 to 2025, and forecast to 2031.

In terms of consumption side, this report focuses on the sales of Liquefied Petroleum Gas (LPG) by region (region level and country level), by company, by type and by application. from 2020 to 2025 and forecast to 2031.

This report presents an overview of global market for Liquefied Petroleum Gas (LPG), capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2020 - 2024, estimates for 2025, and projections of CAGR through 2031.

This report researches the key producers of Liquefied Petroleum Gas (LPG), also provides the consumption of main regions and countries. Of the upcoming market potential for Liquefied Petroleum Gas (LPG), and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Liquefied Petroleum Gas (LPG) sales, revenue, market share and industry ranking of main manufacturers, data from 2020 to 2025. Identification of the major stakeholders in the global Liquefied Petroleum Gas (LPG) market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by type and by application, sales, revenue, and price, from 2020 to 2031. Evaluation and forecast the market size for Liquefied Petroleum Gas (LPG) sales, projected growth trends, production technology, application and end-user industry.


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 (2020-2031).
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 2020 to 2025, 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.

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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 (2020-2031)
1.2.2 Global Liquefied Petroleum Gas (LPG) Production Capacity Estimates and Forecasts (2020-2031)
1.2.3 Global Liquefied Petroleum Gas (LPG) Production Estimates and Forecasts (2020-2031)
1.2.4 Global Liquefied Petroleum Gas (LPG) Market Average Price (2020-2031)
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 (2020-2025)
3.2 Global Liquefied Petroleum Gas (LPG) Production by Manufacturers (2020-2025)
3.3 Global Liquefied Petroleum Gas (LPG) Average Price by Manufacturers (2020-2025)
3.4 Global Liquefied Petroleum Gas (LPG) Industry Manufacturers Ranking, 2023 VS 2024 VS 2025
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 2024
3.8.3 2024 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 (2020 VS 2024 VS 2031)
4.2.2 Global Liquefied Petroleum Gas (LPG) Production by Type (2020-2031)
4.2.3 Global Liquefied Petroleum Gas (LPG) Production Market Share by Type (2020-2031)
4.3 Global Liquefied Petroleum Gas (LPG) Production Value by Type
4.3.1 Global Liquefied Petroleum Gas (LPG) Production Value by Type (2020 VS 2024 VS 2031)
4.3.2 Global Liquefied Petroleum Gas (LPG) Production Value by Type (2020-2031)
4.3.3 Global Liquefied Petroleum Gas (LPG) Production Value Market Share by Type (2020-2031)
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 (2020 VS 2024 VS 2031)
5.2.2 Global Liquefied Petroleum Gas (LPG) Production by Application (2020-2031)
5.2.3 Global Liquefied Petroleum Gas (LPG) Production Market Share by Application (2020-2031)
5.3 Global Liquefied Petroleum Gas (LPG) Production Value by Application
5.3.1 Global Liquefied Petroleum Gas (LPG) Production Value by Application (2020 VS 2024 VS 2031)
5.3.2 Global Liquefied Petroleum Gas (LPG) Production Value by Application (2020-2031)
5.3.3 Global Liquefied Petroleum Gas (LPG) Production Value Market Share by Application (2020-2031)
6 Company Profiles
6.1 Saudi Aramco
6.1.1 Saudi Aramco Comapny Information
6.1.2 Saudi Aramco Business Overview
6.1.3 Saudi Aramco Liquefied Petroleum Gas (LPG) Production, Value and Gross Margin (2020-2025)
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 Comapny Information
6.2.2 Sinopec Business Overview
6.2.3 Sinopec Liquefied Petroleum Gas (LPG) Production, Value and Gross Margin (2020-2025)
6.2.4 Sinopec Liquefied Petroleum Gas (LPG) Product Portfolio
6.2.5 Sinopec Recent Developments
6.3 ADNOC
6.3.1 ADNOC Comapny Information
6.3.2 ADNOC Business Overview
6.3.3 ADNOC Liquefied Petroleum Gas (LPG) Production, Value and Gross Margin (2020-2025)
6.3.4 ADNOC Liquefied Petroleum Gas (LPG) Product Portfolio
6.3.5 ADNOC Recent Developments
6.4 CNPC
6.4.1 CNPC Comapny Information
6.4.2 CNPC Business Overview
6.4.3 CNPC Liquefied Petroleum Gas (LPG) Production, Value and Gross Margin (2020-2025)
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 Comapny Information
6.5.2 Exxon Mobil Business Overview
6.5.3 Exxon Mobil Liquefied Petroleum Gas (LPG) Production, Value and Gross Margin (2020-2025)
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 Comapny Information
6.6.2 KNPC Business Overview
6.6.3 KNPC Liquefied Petroleum Gas (LPG) Production, Value and Gross Margin (2020-2025)
6.6.4 KNPC Liquefied Petroleum Gas (LPG) Product Portfolio
6.6.5 KNPC Recent Developments
6.7 Phillips66
6.7.1 Phillips66 Comapny Information
6.7.2 Phillips66 Business Overview
6.7.3 Phillips66 Liquefied Petroleum Gas (LPG) Production, Value and Gross Margin (2020-2025)
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 Comapny Information
6.8.2 Bharat Petroleum Business Overview
6.8.3 Bharat Petroleum Liquefied Petroleum Gas (LPG) Production, Value and Gross Margin (2020-2025)
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 Comapny Information
6.9.2 Pemex Business Overview
6.9.3 Pemex Liquefied Petroleum Gas (LPG) Production, Value and Gross Margin (2020-2025)
6.9.4 Pemex Liquefied Petroleum Gas (LPG) Product Portfolio
6.9.5 Pemex Recent Developments
6.10 Total
6.10.1 Total Comapny Information
6.10.2 Total Business Overview
6.10.3 Total Liquefied Petroleum Gas (LPG) Production, Value and Gross Margin (2020-2025)
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 Comapny Information
6.11.2 Qatar Petroleum Business Overview
6.11.3 Qatar Petroleum Liquefied Petroleum Gas (LPG) Production, Value and Gross Margin (2020-2025)
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 Comapny Information
6.12.2 Equinor Business Overview
6.12.3 Equinor Liquefied Petroleum Gas (LPG) Production, Value and Gross Margin (2020-2025)
6.12.4 Equinor Liquefied Petroleum Gas (LPG) Product Portfolio
6.12.5 Equinor Recent Developments
6.13 BP
6.13.1 BP Comapny Information
6.13.2 BP Business Overview
6.13.3 BP Liquefied Petroleum Gas (LPG) Production, Value and Gross Margin (2020-2025)
6.13.4 BP Liquefied Petroleum Gas (LPG) Product Portfolio
6.13.5 BP Recent Developments
6.14 Gazprom
6.14.1 Gazprom Comapny Information
6.14.2 Gazprom Business Overview
6.14.3 Gazprom Liquefied Petroleum Gas (LPG) Production, Value and Gross Margin (2020-2025)
6.14.4 Gazprom Liquefied Petroleum Gas (LPG) Product Portfolio
6.14.5 Gazprom Recent Developments
6.15 Chevron
6.15.1 Chevron Comapny Information
6.15.2 Chevron Business Overview
6.15.3 Chevron Liquefied Petroleum Gas (LPG) Production, Value and Gross Margin (2020-2025)
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 Comapny Information
6.16.2 ConocoPhillips Company Business Overview
6.16.3 ConocoPhillips Company Liquefied Petroleum Gas (LPG) Production, Value and Gross Margin (2020-2025)
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) Comapny Information
6.17.2 SHV Energy (NL) Business Overview
6.17.3 SHV Energy (NL) Liquefied Petroleum Gas (LPG) Production, Value and Gross Margin (2020-2025)
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 Comapny Information
6.18.2 Valero Energy Business Overview
6.18.3 Valero Energy Liquefied Petroleum Gas (LPG) Production, Value and Gross Margin (2020-2025)
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: 2020 VS 2024 VS 2031
7.2 Global Liquefied Petroleum Gas (LPG) Production by Region (2020-2031)
7.2.1 Global Liquefied Petroleum Gas (LPG) Production by Region: 2020-2025
7.2.2 Global Liquefied Petroleum Gas (LPG) Production Forecast by Region: 2026-2031
7.3 Global Liquefied Petroleum Gas (LPG) Production by Region: 2020 VS 2024 VS 2031
7.4 Global Liquefied Petroleum Gas (LPG) Production Value by Region (2020-2031)
7.4.1 Global Liquefied Petroleum Gas (LPG) Production Value by Region: 2020-2025
7.4.2 Global Liquefied Petroleum Gas (LPG) Production Value by Region (2026-2031)
7.5 Global Liquefied Petroleum Gas (LPG) Market Price Analysis by Region (2020-2031)
7.6 Regional Production Value Trends (2020-2031)
7.6.1 North America Liquefied Petroleum Gas (LPG) Production Value (2020-2031)
7.6.2 Europe Liquefied Petroleum Gas (LPG) Production Value (2020-2031)
7.6.3 Asia-Pacific Liquefied Petroleum Gas (LPG) Production Value (2020-2031)
7.6.4 South America Liquefied Petroleum Gas (LPG) Production Value (2020-2031)
7.6.5 Middle East & Africa Liquefied Petroleum Gas (LPG) Production Value (2020-2031)
8 Global Liquefied Petroleum Gas (LPG) Consumption by Region
8.1 Global Liquefied Petroleum Gas (LPG) Consumption by Region: 2020 VS 2024 VS 2031
8.2 Global Liquefied Petroleum Gas (LPG) Consumption by Region (2020-2031)
8.2.1 Global Liquefied Petroleum Gas (LPG) Consumption by Region (2020-2025)
8.2.2 Global Liquefied Petroleum Gas (LPG) Consumption by Region (2026-2031)
8.3 North America
8.3.1 North America Liquefied Petroleum Gas (LPG) Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
8.3.2 North America Liquefied Petroleum Gas (LPG) Consumption by Country (2020-2031)
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: 2020 VS 2024 VS 2031
8.4.2 Europe Liquefied Petroleum Gas (LPG) Consumption by Country (2020-2031)
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: 2020 VS 2024 VS 2031
8.5.2 Asia Pacific Liquefied Petroleum Gas (LPG) Consumption by Country (2020-2031)
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: 2020 VS 2024 VS 2031
8.6.2 South America Liquefied Petroleum Gas (LPG) Consumption by Country (2020-2031)
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: 2020 VS 2024 VS 2031
8.7.2 Middle East & Africa Liquefied Petroleum Gas (LPG) Consumption by Country (2020-2031)
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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