Liquefied Petroleum Gas (LPG) Market Analysis By Application (Residential/Commercial, Chemical, Industrial, Auto Fuel, Refinery), By Source (Refinery, Associated Gas, Nonassociated Gas) And Segment Forecasts To 2020

Published: May, 2014 | Pages: 75 | Publisher: Grand View Research
Industry: Energy | Report Format: Electronic (PDF)

The global market for LPG is expected to reach USD291.42 billion by 2020. Increasing population coupled with favorable regulatory support and subsidies are expected to be key driving factors for the market over the next six years. Limited application base is expected to be a challenge for industry participants.

Residential/commercial uses emerged as leading application markets and accounted for 47.3% of total market volume in 2013, followed by chemical usage and accounted for 24.5% of total volume for the same year. LPG demand for autofuel applications is expected to reach 29.11 million tons by 2020, growing at a CAGR of 4.3% from 2014 to 2020.

Further key findings from the study suggest:

The global market for LPG was 261.60 million tons in 2013 and is expected to reach 356.98 million tons by 2020, growing at a CAGR of 4.1% from 2014 to 2020.
Refineries continued to be the largest LPG source market and accounted for 45.4% of total market in 2013. LPG from non-associated gas is expected to be the fastest growing source of LPG at an estimated CAGR of 4.7% from 2014 to 2020.
Associated gas LPG revenue is expected to grow at a CAGR of 3.8% from 2014 to 2020.
Asia Pacific continued its dominance in the global LPG market and accounted for 35.64% of total market volume in 2013. Asia Pacific, along with being the largest market is also expected to be the fastest growing market for LPG, at an estimated CAGR of 5.0% from 2014 to 2020.
The global market for LPG is fragmented within some key companies including Aygez, Bayegan, China Gas, Dolphin Energy, ETG companies, Huntsman Petrochemical, Indian Oil Corporation Ltd., Oman Oil Company, Petredec Ltd., Phillips 66, Qatargas, Qatar fuel, Qatar Petroleum, Shell, Tasweeq and Vitol.
For the purpose of this study, Grand View Research has segmented the SBCmarket on the basis ofapplication, sourceand region:

     Global LPG application Outlook (Volume, Million Tons; Revenue, USD Billion, 2012 - 2020)
             Residential/commercial
             Chemical
             Industrial
             Auto fuel
             Refinery
             Other
     LPG Source Outlook (Volume, Million tons; Revenue, USD Billion, 2012-2020)
             Refinery
             Associated gas
             Non associated gas
     LPG Regional Outlook (Volume, Million tons; Revenue, USD Billion, 2012 - 2020)
             North America
             Europe
             Asia Pacific
             Middle East and Africa
             Latin America

 Table of Contents
Chapter 1 Executive Summary

                1.1 LPG- Industry Summary & Critical Success Factors (CSFs)    

Chapter 2 LPG Industry Outlook                                                       

                2.1 Market Segmentation                                          

                2.2 Market Size and Growth Prospects

                2.3 LPG Value Chain Analysis                                              

                2.4 LPG Market Dynamics

                    2.4.1 Market driver analysis

                        2.4.1.1 Shift towards replacing coal and wood as a domestic fuel

                        2.4.1.2 Increasing demand for natural gas vehicles (NGV)

                    2.4.2 Market restraint analysis

                        2.4.2.1 Volatility in raw material prices                                              

                2.5 Key Opportunities Prioritized                                           

                2.6 Industry Analysis - Porter's

                2.7 LPG - Company Market Share Analysis

                2.8 LPG - PESTEL Analysis  

Chapter 3 LPG Source Outlook                                                        

                3.1 Refinery

                    3.1.1. Global LPG from refinery, 2012-2020, (Million Tons), (USD billion)

                3.2 Associated Gas

                    3.2.1 Global LPG from associated gas, 2012-2020, (Million Tons), (USD billion)

                3.3 Non Associated Gas

                    3.3.1 Global LPG from non associated gas, 2012-2020, (Million Tons), (USD billion)

Chapter 4 LPG Application Outlook                                                  

                4.1 Residential/Commercial

                    4.1.1. LPG demand from residential/commercial application, 2012-2020, (Million Tons), (USD billion)

                4.2 Chemical

                    4.2.1 LPG demand from chemical application, 2012-2020, (Million Tons), (USD billion)

                4.3 Industrial

                    4.3.1 LPG demand from industrial application, 2012-2020, (Million Tons), (USD billion)

                4.4 Auto Fuel

                    4.4.1 LPG demand from auto fuel application, 2012-2020, (Million Tons), (USD billion)

                4.5 Refinery

                    4.5.1 LPG demand from refinery application, 2012-2020, (Million Tons), (USD billion) 

                4.6 Others

                    4.6.1 LPG demand from other applications, 2012-2020, (Million Tons), (USD billion)

Chapter 5 LPG Regional Outlook

                5.1 North America

                    5.1.1 LPG market volume & revenue by application, 2012-2020 (Million Tons), (USD billion)

                    5.1.2 LPG market volume & revenue by source, 2012-2020 (Million Tons), (USD billion)

                5.2 Europe

                    5.2.1 LPG market volume & revenue by application, 2012-2020 (Million Tons), (USD billion)

                    5.2.2 LPG market volume & revenue by source, 2012-2020 (Million Tons), (USD billion)

                5.3 Asia Pacific

                    5.3.1 LPG market volume & revenue by application, 2012-2020 (Million Tons), (USD billion)

                    5.3.2 LPG market volume & revenue by source, 2012-2020 (Million Tons), (USD billion)

                5.4 Middle East and America

                    5.4.1 LPG market volume & revenue by application, 2012- 2020(Million Tons), (USD billion)

                    5.4.2 LPG market volume & revenue by source, 2012- 2020(Million Tons), (USD billion)

                5.5 Latin America

                    5.5.1 LPG market volume & revenue by application, 2012-2020.(Million Tons), (USD billion)

                    5.5.2 LPG market volume & revenue by source, 2012-2020.(Million Tons), (USD billion)

Chapter 6 Liquefied Petroleum Gas (LPG) Competitive Landscape

                6.1 Aygez

                    6.1.1 Company Overview

                    6.1.2 Financial Performance

                    6.1.3 Product Benchmarking

                    6.1.4 Strategic Initiatives

                6.2 Bayegan

                    6.2.1 Company Overview

                    6.2.2 Financial Performance

                    6.2.3 Product Benchmarking

                    6.2.4 Strategic Initiatives

                6.3 Bharat Petroleum Corporation

                    6.3.1 Company Overview

                    6.3.2 Financial Performance

                     6.3.3 Product Benchmarking

                    6.3.4 Strategic Initiatives

                6.4 China Gas

                    6.4.1 Company Overview

                    6.4.2 Financial Performance

                    6.4.3 Product Benchmarking

                    6.4.4 Strategic Initiatives

                6.5 Dolphin Energy

                    6.5.1 Company Overview

                    6.5.2 Financial Performance

                    6.5.3 Product Benchmarking

                    6.5.4 Strategic Initiatives

                6.6 ETG companies

                    6.6.1 Company Overview

                    6.6.2 Financial Performance

                    6.6.3 Product Benchmarking

                    6.6.4 Strategic Initiatives

                6.7 Indian Oil Corporation Ltd.

                   6.7.1 Company Overview

                    6.7.2 Financial Performance

                    6.7.3 Product Benchmarking

                    6.7.4 Strategic Initiatives

                6.8 Oil & Natural Gas Corporation Ltd.

                    6.8.1 Company Overview

                    6.8.2 Financial Performance

                    6.8.3 Product Benchmarking

                     6.8.4 Strategic Initiatives

                6.9 Oman Oil Company

                    6.9.1 Company Overview

                    6.9.2 Financial Performance

                    6.9.3 Product Benchmarking

                    6.9.4 Strategic Initiatives

                6.10 Petredec Ltd.

                    6.10.1 Company Overview

                    6.10.2 Financial Performance

                    6.10.3 Product Benchmarking

                    6.10.4 Strategic Initiatives

                6.11 Phillips 66

                    6.11.1 Company Overview

                    6.11.2 Financial Performance

                    6.11.3 Product Benchmarking

                    6.11.4 Strategic Initiatives

                6.12 Qatargas

                    6.12.1 Company Overview

                    6.12.2 Financial Performance

                    6.12.3 Product Benchmarking

                    6.12.4 Strategic Initiatives

                6.13 Royal Dutch Shell

                    6.13.1 Company Overview

                    6.13.2 Financial Performance

                    6.13.3 Product Benchmarking

                    6.13.4 Strategic Initiatives 

               6.14 Tasweeq

                   6.14.1 Company Overview

                   6.14.2 Financial Performance

                   6.14.3 Product Benchmarking

                   6.14.4 Strategic Initiatives

               6.15 Vitol

                   6.15.1 Company Overview

                   6.15.2 Financial Performance

                   6.15.3 Product Benchmarking

                   6.15.4 Strategic Initiatives

               6.16 Exxon Mobil

                   6.16.1 Company Overview

                   6.16.2 Financial Performance

                   6.16.3 Product Benchmarking

                   6.16.4 Strategic Initiatives

               6.17 Total

                   6.17.1 Company Overview

                   6.17.2 Financial Performance

                   6.17.3 Product Benchmarking

                   6.17.4 Strategic Initiatives

               6.18 British Petroleum

                   6.18.1 Company Overview

                   6.18.2 Financial Performance

                   6.18.3 Product Benchmarking

                   6.18.4 Strategic Initiatives

               6.19 Sinopec

                   6.19.1 Company Overview

                   6.19.2 Financial Performance

                   6.19.3 Product Benchmarking

                   6.19.4 Strategic Initiatives

               6.20 Valero Energy

                   6.20.1 Company Overview

                   6.20.2 Financial Performance

                   6.20.3 Product Benchmarking

                   6.20.4 Strategic Initiatives                                 

Chapter 7 Methodology & Scope                                           

               7.1 Research Methodology                                       

               7.2 Research Scope & Assumptions                                     

               7.3 List of Data Sources                                            


List of Tables

LPG - Industry Summary & Critical Success Factors (CSFs)
Global LPG market volume and revenue, 2012 - 2020
LPG - Key driver analysis
LPG- Key restraint analysis
Global LPG demand from residential/commercial, (volume & revenue), 2012-2020
Global LPG demand from residential/commercial, by region, (volume & revenue), 2012-2020
Global LPG demand from, (volume & revenue), 2012-2020
Global LPG demand from chemical, by region, (volume & revenue), 2012-2020
Global LPG demand from industrial, (volume & revenue), 2012-2020
Global LPG demand from industrial, by region, (volume & revenue), 2012-2020
Global LPG demand from auto fuel, (volume & revenue), 2012-2020
Global LPG demand from auto fuel, by region, (volume & revenue), 2012-2020
Global LPG demand from refinery, (volume & revenue), 2012-2020
Global LPG demand from refinery, by region, (volume & revenue), 2012-2020
Global LPG demand from other industries, (volume & revenue), 2012-2020
Global LPG demand from other industries, by region, (volume & revenue), 2012-2020
North America LPG market volume, by application, 2012 - 2020 (Million Tons)     
North America LPG market revenue, by application, 2012 - 2020 (USD Billion)
Europe LPG market volume, by application, 2012 - 2020 (Million Tons)   
Europe LPG market revenue, by application, 2012 - 2020 (USD Billion)
Asia Pacific LPG market volume, by application, 2012 - 2020 (Million tons)         
Asia Pacific LPG market revenue, by application, 2012 - 2020 (USD Billion)
Middle East and Africa LPG market volume, by application, 2012 - 2020 (Million Tons)
Middle East and Africa LPG market revenue, by application, 2012 - 2020 (USD Billion)
Latin America LPG market volume, by applications, 2012 - 2020 (Million Tons)    
Latin America LPG market revenue, by applications, 2012 - 2020 (USD Billion)     

List of Figures

LPG market segmentation
Global LPG market (Volume &Revenue), 2012 - 2020
LPG - Value chain analysis
LPG - Market dynamics
LPG - Company market share analysis, 2013
Key opportunities prioritized
Industry analysis - Porter's
LPGPESTEL analysis, 2013
Global LPG market volume share, by application, 2013& 2020
Global LPG demand from residential/commercial, (volume & revenue), 2012-2020
Global LPG demand from chemical, (volume & revenue), 2012-2020
Global LPG demand from industrial, (volume & revenue), 2012-2020
Global LPG demand from auto fuel, (volume & revenue), 2012-2020
Global LPG demand from refinery, (volume & revenue), 2012-2020
Global LPG demand from other industries, (volume & revenue), 2012-2020
Global LPG market volume share, by region, 2013& 2020
North America LPG market estimates and forecast, 2012-2020 (Million Tons), (USD Billion)          
Europe LPG market estimates and forecast, 2012-2020 (Million Tons), (USD Billion)
Asia Pacific LPG market estimates and forecast, 2012-2020 (Million Tons), (USD Billion)
Middle East and Africa market estimates and forecast, 2012-2020 (Million Tons), (USD Billion)
Latin America LPG market estimates and forecast, 2012-2020 (Million Tons), (USD Billion)