360° Coverage : Global Liquefied Petroleum Gas (LPG) Market is Expected to Reach...

12 Updates

Global Liquefied Petroleum Gas (LPG) Market is Expected to Reach USD 266.41 Billion in 2018: Transparency Market Research

Aug 18 2013, 3:13am CDT | by PR.com

Transparency Market Research Report Adds "Liquefied Petroleum Gas (LPG) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2012 – 2018" to its database.

Albany, NY, August 18, 2013 --(PR.com)-- Transparency Market Research published a new market report "Liquefied Petroleum Gas (LPG) Market (Refinery, Associated Gas and Non-Associated Gas) for...

Filed under: news

YouTube Videos Tweets

 
 
 

49 weeks ago

Global Liquefied Petroleum Gas (LPG) Market is Expected to Reach USD 266.41 Billion in 2018: Transparency Market Research

Aug 18 2013, 3:13am CDT | by PR.com

Transparency Market Research Report Adds "Liquefied Petroleum Gas (LPG) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2012 – 2018" to its database.

Albany, NY, August 18, 2013 --(PR.com)-- Transparency Market Research published a new market report "Liquefied Petroleum Gas (LPG) Market (Refinery, Associated Gas and Non-Associated Gas) for Residential/Commercial, Chemical, Industrial, Auto Fuel, Refineries and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2012 - 2018," the global LPG market was valued at USD 210.07 billion in 2011 and is expected to reach USD 266.41 billion by 2018, growing at a CAGR of 4.0% over the forecast period from 2012 to 2018. In terms of volume, LPG demand was 252.50 million tons in 2011 and is expected to reach 327.19 million tons by 2018, growing at a CAGR of 3.8% over the forecast period from 2012 to 2018.

Browse the full report athttp://www.transparencymarketresearch.com/liquefied-petroleum-gas-market.html

Owing to cost benefits offered by LPG over other conventional fuels such as gasoline and diesel, has resulted in enhanced demand for autogas vehicles, further leading to increase in LPG consumption on a global scale. Environmental benefits of LPG, such as low carbon emissions and cost and operational benefits, is expected to drive market demand over the forecast period. However, fluctuations in crude oil prices and downstream derivatives, coupled with high transportation costs is expected to hinder LPG market growth.

Refineries were the largest source of LPG, accounting for over 45% of total demand in 2011. LPG source varies with region, as demand for LPG in North America is met mainly from natural gas whereas; Asia Pacific is primarily dependent on refineries for LPG production. The global demand for LPG derived from associated gas is expected to reach 83.28 million tons by 2018. Increasing development in Natural Gas Liquids (NGL) production in North America is expected to boost the LPG market.

Residential/commercial sector dominated the LPG market and accounted for 47% of total consumption in 2011. Growing use of LPG as a fuel in cooking and space heating is expected to drive the market over the next five years. It is also expected to be the fastest growing segment at a CAGR of 4.5% from 2012 to 2018. Auto fuel segment is expected to show significant growth at an estimated CAGR of 4.4% from 2012 to 2018. Growth in auto gas demand in countries such as Turkey, South Korea and Poland are expected to contribute to its global demand. Petrochemical industry is expected to continue absorbing the price sensitive demand of LPG in the near future, owing to rapid petrochemicals capacity addition mainly in Middle East and Asia Pacific.

Asia Pacific emerged as the leading consumer of LPG and accounted for 35% of the global demand in 2011. Asia Pacific is also expected to be the fastest growing market at an estimated CAGR of 4.8% from 2012 to 2018. The growing consumption of LPG (autogas) as an automobile fuel in Thailand, South Korea, Japan and Australia is also expected to boost its demand over the forecast period. North America and Europe together accounted for 38.9% of the global market in 2011.

The global LPG market is highly fragmented and includes numerous companies almost having equal market share. However, in terms of numbers, top four companies in the market accounted for 18.1 % of the global production in 2012. British Petroleum Plc, Chevron Corporation, China National Petroleum Corporation, Exxon Mobil Corporation and Phillips 66 are key players among others.

The report segments the global LPG market as:
LPG Market: Source Analysis,

Refineries
Associated gas
Non-associated gas

LPG Market: Application Analysis,

Residential/commercial
Chemical
Industrial
Auto fuel
Refineries
Other (including agriculture, refrigerant, aerosol, etc.)

LPG Market: Regional Analysis,

North America
Europe
Asia Pacific
Middle East and Africa
Latin America

Contact Information:
Transparency Market Research
Sheela Ak
+1-518-618-1030
Contact via Email
http://www.transparencymarketresearch.com
90 State Street,
Suite 700,
Albany, NY - 12207
United States

Read the full story here: http://www.pr.com/press-release/510427

Press Release Distributed by PR.com

Source: PR.com

 
Update
12

Tweets

 
 
Update
11

39 minutes ago

Bits Blog: Microsoft Sues Samsung Over Android Royalty Payments

Aug 1 2014 6:51pm CDT | Source: NewYorkTimes-Business Day

The lawsuit claimed that Samsung failed to follow the terms of a 2011 patent licensing deal between the two ...
Source: NewYorkTimes-Business Day   Full article at: NewYorkTimes-Business Day
 

 
Update
10

2 hours ago

Google wasn't done! Search giant buys again in Mountain View

Aug 1 2014 4:59pm CDT | Source: San Jose Business Journal

Google's real estate department is not taking any time off. Just a couple days after picking up a big portfolio in Mountain View, Google ended the week with another addition to its stable, buying a 40,000-square-foot industrial building near the intersection of N. Shoreline Blvd. and Highway 101 in Mountain View. I wasn't able to turn up the price for the building at 960 Linda Vista Ave, which sit ...
Source: San Jose Business Journal   Full article at: San Jose Business Journal
 

 
Update
9

2 hours ago

Nyrstar Is Up To Something

Aug 1 2014 4:48pm CDT | Source: SeekingAlpha

By The Investment Doctor: Introduction I have written a few articles on Nyrstar's (OTCPK:NYRSY) problems with Talvivaara which resulted in a great opportunity to buy the 2015 bonds at 80-85 cents on the dollar (well, euro). We're now nine months later, and this article will have a deeper look at the Q2 financial statements and the implications for the bonds. The financial results I'll be very br ...
Source: SeekingAlpha   Full article at: SeekingAlpha
 

 
Update
8

2 hours ago

How Gross Profitability, Value, And Dividend Aristocrats Can Improve Your Returns

Aug 1 2014 4:43pm CDT | Source: SeekingAlpha

By Sure Dividend:In Robert Norvy-Marx's paper The Other Side Of Value: The Gross Profitability Premium, the link between value and quality is explored. Specifically, Norvy-Marx finds that business with a higher gross profit to assets ratio (GP/A) perform significantly better than those with a low GP/A ratio.Intuitively, this makes sense. A business that can earn high margins should have a strong competitive advantage in place to be able to resist market forces and ch ...
Source: SeekingAlpha   Full article at: SeekingAlpha
 

 
Update
6

2 hours ago

Buffett's Berkshire reports 41% higher earnings

Aug 1 2014 4:32pm CDT | Source: USATODAY

Net earnings to Berkshire shareholderse is up 41%     ...
Source: USATODAY   Full article at: USATODAY
 

 
Update
5

3 hours ago

Tampa Bay real estate falls short of Millennial needs

Aug 1 2014 3:57pm CDT | Source: Tampa Bay Business Journal

None of Tampa Bay's area counties were named on a list of most affordable places for Millennials to rent or buy, according to a new analysis by RealtyTrac. The markets that are most affordable while still being attractive to the Millennial generation is likely where the most housing growth will occur, RealtyTrac said. To be considered “affordable” RealtyTrac looked at the percentage of income spent on housing for both rental properties and purchasing homes. Richmon ...
Source: Tampa Bay Business Journal   Full article at: Tampa Bay Business Journal
 

 
Update
4

3 hours ago

Crowd funding is not new, but crowdfunding is

Aug 1 2014 3:40pm CDT | Source: Forbes Real Time

Crowd funding is not new, but crowdfunding is. Completely intuitive, both terms mean funds conveyed by a crowd to a solicitor. Crowd funding is actually traditional banking, insurance, stock markets, charities and the like, where the crowds are relatively small and absolutely defined. Now a new word, crowd ...
Source: Forbes Real Time   Full article at: Forbes Real Time
 

 
Update
3

3 hours ago

United Kingdom Manufacturing PMI Should Bookend The Decline In The British Pound

Aug 1 2014 3:36pm CDT | Source: SeekingAlpha

By Dr. Duru: The British pound (NYSEARCA:FXB) has experienced a steep and near-continuous decline ever since it hit new multi-year highs in July against the US dollar.The July Markit/CIPS UK Manufacturing PMI® helped cause another downleg in the British pound that should bookend, or signal the end of this decline. Such an end should begin the trading range with a slight upward bias that I ...
Source: SeekingAlpha   Full article at: SeekingAlpha
 

 
Update
2

4 hours ago

Zillow data shows millennials don't buy houses: Here's why I never will

Aug 1 2014 3:31pm CDT | Source: Seattle Business Journal

Seattle online real estate company Zillow released data on Friday that showed the age of a typical first-time home buyer is on the rise and is expected to continue to go up in the coming years. In 2013, the typical first-time home buyer was 31 years old. The majority of respondents to Zillow's survey of Realtors in the National Association of Realtors expected that age to go up to 32 or 33 in the next decade. “Because of its hug ...
Source: Seattle Business Journal   Full article at: Seattle Business Journal
 

 
Update
1

4 hours ago

Spirit AeroSystems Swings to Profit

Aug 1 2014 3:26pm CDT | Source: WSJ.com: What's News US

Spirit AeroSystems swung to a quarterly profit and raised its full-year sales and earnings' guidance, riding a wave of higher production at Boeing and significant cost ...
Source: WSJ.com: What's News US  Full article at: WSJ.com: What's News US
 

 

Don't miss ...

 

blog comments powered by Disqus

Latest stories

WTO fails to reach trade facilitation agreement
Geneva, Aug 2 (IANS) Negotiations at the World Trade Organisation(WTO) has failed to agree on the implementation of the trade facilitation agreement as the deadline of July 31 passed.
 
 
Liberia reports new Ebola cases
Lagos, Aug 1 (IANS) The Liberian government has reported new Ebola cases as of July 28.
 
 
Japanese men's life expectancy over 80 years for first time
Tokyo, Aug 1 (IANS/EFE) The life expectancy of Japanese men stood at 80.21 years in 2013, the first time that men have gone past the 80-year mark in the Asian country, according to the country's ministry of health, labour and welfare.
 
 
Methane created mysterious Siberian crater: Study
London, Aug 1 (IANS) The mysterious crater spotted in the frozen Yamal peninsula in Siberia earlier this month was probably caused by methane released as permafrost thawed, Russian researchers say.
 
 
 

Latest from the Network

Commonwealth Games medals tally
Glasgow, Aug 2 (IANS) England lead the medals tally Friday at the 20th Commonwealth Games with 47 golds, 46 silvers and 43 bronzes followed by Australia and Canada. India are still fifth with a tally of 49 medals,...
Read more on Sport Balla
 
How John Legend coped with parents' divorce?
Los Angeles, Aug 2 (IANS) Singer John Legend credits his teachers for helping him cope with his parents' divorce and for motivating him to complete his Ivy League education. "I was 10 years old when my parents got...
Read more on Celebrity Balla
 
Kerry condemns violation of Gaza ceasefire
Washington, Aug 2 (IANS) US Friday condemned Friday the killing of Israeli soldiers and apparent abduction of another by the Palestinian militants that violated the ceasefire. "It was an outrageous violation of the...
Read more on Politics Balla
 
Gurusaidutt leads Indian shuttlers into semis
Glasgow, Aug 2 (IANS) Indian shuttler R.M.V. Gurusaidutt came out with a brilliant performance to oust Malaysian top seed Chong Wei Feng and enter the men's singles semi-finals of the Commonwealth Games here Friday....
Read more on Sport Balla
 
Discus thrower Seema earns silver, pugilist Pinki bronze (Roundup)
Glasgow, Aug 2 (IANS) Woman discus thrower Seema Punia grabbed a silver, boxer Pinki Jangra brought home a bronze, while pugilists and paddlers assured the nation of at least three more silver medals on day eight of...
Read more on Sport Balla
 
Four Indian boxers in final, Pinki takes bronze (Roundup)
Glasgow, Aug 2 (IANS) Four Indian boxers -- L. Sarita Devi, L. Devendro Singh, Mandeep Jangra and Vijender Singh -- made it into their respective gold medal bouts after Pinki Jangra lost her semi-final to settle for...
Read more on Sport Balla
 
Sharath-Amalraj settle for silver (Table Tennis Roundup)
Glasgow, Aug 2 (IANS) Veteran Achanta Sharath Kamal and Anthony Amalraj picked up the silver medal in the men's doubles table tennis after they lost 1-3 to Singapore's Hu Li and Ning Gao in the title clash of the 2014...
Read more on Sport Balla
 
Pallikal-Chinappa enter women's doubles squash finals (Roundup)
Glasgow, Aug 2 (IANS) India's star squash players Dipika Pallikal and Joshana Chinappa lived up to their names and potential to enter the women's doubles final at the Commonwealth Games here Friday. The Indian duo...
Read more on Sport Balla
 
Indian medal winners at the Commonwealth Games
Glasgow, Aug 2 (IANS) The following is the list of Indian medal winners at the 2014 Commonwealth Games here: Gold: Sanjita Khumukchan: women's 48 kg weightlifting Sukhen Dey: men's 56 kg weightlifting Abhinav Bindra:...
Read more on Sport Balla
 
Keith Urban reacts to ill-fated Massachusetts concert
Los Angeles, Aug 2 (IANS) Singer Keith Urban has broken his silence about his recent ill-fated concert in Massachusetts, where dozens of hospitalized fans and an arrest made for an alleged rape. "My team and I were...
Read more on Celebrity Balla