Italy Liquefied Petroleum Gas Market Size & Outlook
Italy liquefied petroleum gas market, 2018-2030 (US$M)
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Italy liquefied petroleum gas market highlights
- The Italy liquefied petroleum gas market generated a revenue of USD 4,432.3 million in 2023 and is expected to reach USD 5,815.1 million by 2030.
- The Italy market is expected to grow at a CAGR of 4% from 2024 to 2030.
- In terms of segment, residential / commercial was the largest revenue generating application in 2023.
- Refinery 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 4,432.3 million |
| Market revenue in 2030 | USD 5,815.1 million |
| Growth rate | 4% (CAGR from 2023 to 2030) |
| Largest segment | Residential / commercial |
| Fastest growing segment | Refinery |
| 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, Italy accounted for 3.7% 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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Italy 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 28.03% in 2023. Horizon Databook has segmented the Italy liquefied petroleum gas market based on residential / commercial, chemical, industrial, autogas, refinery covering the revenue growth of each sub-segment from 2018 to 2030.
Italy is a developed economy and a founding member of European Union. LPG market is gaining momentum as compared to other forms of renewable energy technologies owing to the strategic geographic location of the country and the various government initiatives.
Moreover, to promote the market in the country, Italian government came up with a couple of large-scale projects, which is expected to propel the growth of LPG market in Italy.
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Target buyers of Italy 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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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 Italy liquefied petroleum gas market , including forecasts for subscribers. This country databook contains high-level insights into Italy liquefied petroleum gas market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy liquefied petroleum gas market size, by application, 2018-2030 (US$M)
Italy Liquefied Petroleum Gas Market Outlook Share, 2023 & 2030 (US$M)
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