Germany Liquefied Petroleum Gas Market Size & Outlook
Germany liquefied petroleum gas market, 2018-2030 (US$M)
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Germany liquefied petroleum gas market highlights
- The Germany liquefied petroleum gas market generated a revenue of USD 3,569.0 million in 2023 and is expected to reach USD 4,537.4 million by 2030.
- The Germany market is expected to grow at a CAGR of 3.5% from 2024 to 2030.
- In terms of segment, residential / commercial was the largest revenue generating application in 2023.
- Chemical is the most lucrative application segment registering the fastest growth during the forecast period.
Liquefied petroleum gas market data book summary
| Market revenue in 2023 | USD 3,569.0 million |
| Market revenue in 2030 | USD 4,537.4 million |
| Growth rate | 3.5% (CAGR from 2023 to 2030) |
| Largest segment | Residential / commercial |
| Fastest growing segment | Chemical |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Residential / Commercial, Chemical, Industrial, Autogas, Refinery |
| Key market players worldwide | Repsol SA, China Gas Holdings Ltd, UGI Corp, Wesfarmers Ltd, JGC Holdings Corp, Chevron Corp, Reliance Industries Ltd GDR - 144A, Exxon Mobil Corp, Phillips 66, TotalEnergies SE, Shell PLC, Petronas Chemicals Group Bhd, PetroChina Co Ltd Class H, Petrofac Ltd, China Petroleum & Chemical Corp Class H, BP PLC, Saudi Aramco, Bharat Petroleum Corp., Petredec, Qatargas, Vitol |
Other key industry trends
- In terms of revenue, Germany accounted for 3.0% of the global liquefied petroleum gas market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK liquefied petroleum gas market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 5,815.1 million by 2030.
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Liquefied Petroleum Gas Market Scope
Liquefied Petroleum Gas Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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.
Residential / commercial was the largest segment with a revenue share of 27.13% in 2023. Horizon Databook has segmented the Germany liquefied petroleum gas market based on residential / commercial, chemical, industrial, autogas, refinery covering the revenue growth of each sub-segment from 2018 to 2030.
Germany is recognized as developed economies in the world a is one of the leading markets for LPG in Europe. Over the past few years, the country had invested in unconventional power generation Application, to reduce its reliance on conventional sources, such as crude oil, coal and others, to be energy self-sufficient.
With investments made on large proportions in renewable power generation, the solar power generation market has been growing rapidly over the past few years and is expected to witness further growth over the projected period.
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Target buyers of Germany liquefied petroleum gas market databook
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Our clientele includes a mix of liquefied petroleum gas market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany liquefied petroleum gas market , including forecasts for subscribers. This country databook contains high-level insights into Germany liquefied petroleum gas market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany liquefied petroleum gas market size, by application, 2018-2030 (US$M)
Germany Liquefied Petroleum Gas Market Outlook Share, 2023 & 2030 (US$M)
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