Global Liquefied Petroleum Gas Market Size & Outlook
Global liquefied petroleum gas market, 2018-2030 (US$M)
Related Markets
Global liquefied petroleum gas market highlights
- The global liquefied petroleum gas market generated a revenue of USD 123,138.4 million in 2024 and is expected to reach USD 154,432.0 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 4% by 2030.
- In terms of segment, industrial accounted for a revenue of USD 21,860.2 million in 2024.
- Chemical is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2024.
- Country-wise, Canada is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 123,138.4 million |
| Market revenue in 2030 | USD 154,432.0 million |
| Growth rate | 4% (CAGR from 2025 to 2030) |
| Largest segment | Industrial |
| Fastest growing segment | Chemical |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Residential, Commercial, Chemical, Industrial, Autogas, Refinery |
Other key industry trends
- In terms of revenue, the North America accounted for 22.8% of the global liquefied petroleum gas market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Canada is the fastest growing regional market and is projected to reach USD 7,322.4 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Liquefied Petroleum Gas Market Scope
Liquefied Petroleum Gas Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Saudi Arabian Oil Co. | View profile | - | - | - |
| Vitol | View profile | 1001-5000 | New York, New York, United States, North America | http://www.vitol.com |
| Qatargas | View profile | 1001-5000 | Doha, Ad Dawhah, Qatar, Asia | https://www.qatargas.com |
| Reliance Industries | View profile | 10001+ | Mumbai, Maharashtra, India, Asia | https://www.ril.com |
| China Petroleum & Chemical Corp Class H | View profile | 368450 | No. 22 Chaoyangmen North Street, Chaoyang District, Beijing, China, People's Republic of, 100728 | http://www.sinopec.com |
| PetroChina Co Ltd Class H | View profile | 375803 | No. 9 Dongzhimen North Street, Dongcheng District, Beijing, China, People's Republic of, 100007 | http://www.petrochina.com.cn |
| BP PLC | View profile | 87800 | 1 St James's Square, London, United Kingdom, SW1Y 4PD | https://www.bp.com |
| Shell PLC | View profile | 100000 | Shell Centre, London, United Kingdom, SE1 7NA | https://www.shell.com |
| TotalEnergies SE | View profile | 100000 | 2, Place Jean Millier, La Defense 6, Courbevoie, France, 92400 | https://www.totalenergies.com |
| Exxon Mobil Corp | View profile | 61500 | 22777 Springwoods Village Parkway, Spring, TX, United States, 77389-1425 | https://www.exxonmobil.com |
Global liquefied petroleum gas market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to liquefied petroleum gas market will help companies and investors design strategic landscapes.
Industrial was the largest segment with a revenue share of 17.75% in 2024. Horizon Databook has segmented the Global liquefied petroleum gas market based on residential, commercial, chemical, industrial, autogas, refinery covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Liquefied Petroleum Gas Application Outlook (Revenue, USD Million, 2018-2030)
- Residential
- Commercial
- Chemical
- Industrial
- Autogas
- Refinery
- Others
- Global Liquefied Petroleum Gas Source Outlook (Revenue, USD Million, 2018-2030)
- Refinery
- Associated Gas
- Non Associated Gas
- Global Liquefied Petroleum Gas Transportation Outlook (Revenue, USD Million, 2018-2030)
- Ship
- Railways
- Intermodal ISO Tank Containers
- Pipelines
- Reticulated Gas System
- Large Road Tankers
- Bobtail Tankers
- Bike Carts
Reasons to subscribe to Global liquefied petroleum gas market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global liquefied petroleum gas market databook
-
Our clientele includes a mix of liquefied petroleum gas market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global liquefied petroleum gas market , including forecasts for subscribers. This global databook contains high-level insights into Global liquefied petroleum gas market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global liquefied petroleum gas market size, by regions, 2018-2030 (US$M)
Top 10 countries: Liquefied petroleum gas market size, 2024 (US$M)
Global liquefied petroleum gas market share, by application, 2024 & 2030 (%, US$M)
Liquefied petroleum gas market: Opportunity assessment by country
Global liquefied petroleum gas market, by region, 2024 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
