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

 
 
 

1 year 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

15 minutes ago

Top Facts You Didn't Know About McDonald's

Oct 21 2014 9:53am CDT | Source: IBTimes UK

Did you know that advertising nearly totalled the same as Obama and Romney's campaigns comb ...
Source: IBTimes UK   Full article at: IBTimes UK
 

 
Update
10

34 minutes ago

Halloween Providing Many Treats Versus Tricks for Retail Sales

Oct 21 2014 9:35am CDT | Source: Forbes Real Time

Halloween has become one of the fastest-growing consumer holidays, making it big business for retailers with an estimated tw0-thirds of Americans gearing up to celebrate the scariest holiday of the year. The National Retail Federation recently shared their annual Halloween Consumer Spending Survey conducted by ...
Source: Forbes Real Time   Full article at: Forbes Real Time
 

 
Update
9

54 minutes ago

SmartZip Analytics drives wiser real estate decisions

Oct 21 2014 9:15am CDT | Source: San Francisco Business Times

If there hadn't been a subprime mortgage crisis, SmartZip would never have been founded. The Pleasanton-based predictive marketing platform was started to help consumers, banks and others use smarter analytical tools to make better informed decisions around the purchase and sale of residential real estate. "In the early days, we set out to build the first-ever 'MorningStar-like' investment rating system for homes, to assess a ...
Source: San Francisco Business Times   Full article at: San Francisco Business Times
 

 
Update
8

1 hour ago

McDonald's gets burned in Asia

Oct 21 2014 9:07am CDT | Source: CNN/Money

McDonald's is struggling in markets around the world, especially in light of a food scandal in Asia that caused sales to t ...
Source: CNN/Money   Full article at: CNN/Money
 

 
Update
6

1 hour ago

After Tanking 20%, Is GameStop Corp. Stock a Buy?

Oct 21 2014 9:00am CDT | Source: Fool.com

GameStop's stock has seen better days; but after a 20% decline, is this an opportunity for investors to bu ...
Source: Fool.com   Full article at: Fool.com
 

 
Update
5

1 hour ago

Following the Money Trail at LINN Energy LLC

Oct 21 2014 8:13am CDT | Source: Fool.com

Drilling down deeper into spending at LINN Energy L ...
Source: Fool.com   Full article at: Fool.com
 

 
Update
4

2 hours ago

TTIP: FedEx Chief Urges Faster Resolution Over Trade Deal to Boost UK Exports

Oct 21 2014 8:05am CDT | Source: IBTimes UK

Calls for negotiators to make a deal to assist UK economic recove ...
Source: IBTimes UK   Full article at: IBTimes UK
 

 
Update
3

2 hours ago

1 Stock I'm Eyeing If the Market Crashes

Oct 21 2014 8:00am CDT | Source: Fool.com

Financial media wants you to be very fearful and sell your holdings. Here's a good pick ...
Source: Fool.com   Full article at: Fool.com
 

 
Update
2

2 hours ago

The new normal for Silicon Valley homebuying: 36 days on the market

Oct 21 2014 7:57am CDT | Source: San Jose Business Journal

Forget, for just a moment, all of the hype about Silicon Valley's mythical millennial tech talent clamoring for newfangled luxury apartments. New monthly data for September from Realtor.com reveals that the region's for-sale housing market is also crazy as ever. Homes listed in the San Jose and San Francisco metro areas have only been on the market for a median 36 days, which leaves the Bay Area locales tied for the designation of the second-fastest-moving reside ...
Source: San Jose Business Journal   Full article at: San Jose Business Journal
 

 
Update
1

2 hours ago

McDonald's Profit Down 30% On Sales Slump

Oct 21 2014 7:55am CDT | Source: Forbes Real Time

Fast food behemoth McDonald's is struggling to remain relevant. It reported a larger-than-expected drop in profits Tuesday morning. Net income fell to $1.07 billion ($1.09 per share) from $1.52 billion ($1.52 per share) a year ago. "McDonald's third quarter results reflect a significant decline versus a year ago, with our business and financial performance ...
Source: Forbes Real Time   Full article at: Forbes Real Time
 

 

Don't miss ...

 

blog comments powered by Disqus

Latest stories

Non-smokers face major health risks in smoking homes
London, Oct 21 (IANS) Living with smokers is as bad as living in smoke-free homes in heavily polluted cities such as Beijing or London, researchers said.
 
 
Finally Nepal, India sign power trade agreement
Kathmandu, Oct 21 (IANS) Nepal and India here Tuesday formally signed a landmark power trade agreement (PTA), allowing exchange of electricity, which is expected to open up new vistas of cooperation in the hydropower sector between the two energy-starved nations.
 
 
Depressed people, too, believe in brighter future
Toronto, Oct 21 (IANS) Like most adults, even depressed people believe in a brighter future, but for them this optimistic belief may not lead to better outcomes, found a research.
 
 
Indian-origin sisters develop tool to detect lung, heart disease
Washington, Oct 21 (IANS) Two Indian-origin high school students Ilina and Medha Krishen have developed screening tools to detect lung and heart disease using electronic stethoscopes.
 
 
 

Latest from the Network

1,074 new dengue cases in Chinese province
Beijing, Oct 18 (IANS) China's Guangdong province has reported 1,047 new cases of dengue fever, health authorities said Saturday. Six people have already died in Guangdong -- five in Guangzhou and one in adjacent...
Read more on Business Balla
 
Blake Lively 'always' wanted to be mum
Blake Lively has ''always'' wanted to be a mother. The 27-year-old actress is expecting her first child with husband Ryan Reynolds and she admits she's been dreaming of this moment since she was a youngster. Speaking...
Read more on Celebrity Balla
 
Kris Jenner 'torn apart' by Bruce's new relationship
Kris Jenner feels ''torn apart and angry'' that Bruce Jenner is dating her former assistant. The 58-year-old matriarch split from the 64-year-old Olympic gold medalist last October following 22-years of marriage but is...
Read more on Celebrity Balla
 
Cheryl Fernandez-Versini won't move to France
Cheryl Fernandez-Versini doesn't want to move to her husband's home country of France. The 'X Factor' judge, 31, who comes from Newcastle, is adamant she won't be relocating any time soon to suit her new spouse Jean-...
Read more on Celebrity Balla
 
Lance Bass sets wedding date
Lance Bass has set a date for his wedding. The former *NSYNC singer and his partner Michael Turchin, who have been dating for two-and-a-half years, are to tie the knot on December 20, 2014, a representative for the...
Read more on Celebrity Balla
 
Nepal avalanche toll reaches 39
Kathmandu, Oct 18 (IANS) At least 39 climbers died while hiking on a key Nepali route after it was hit by a major snowstorm and avalanches earlier this week, BBC reported Saturday citing officials. Over 350 stranded...
Read more on Politics Balla
 
Jake Gyllenhaal says society is complicit in 'nightcrawling'
Jake Gyllenhaal says almost everybody in society ought to relate to his new movie 'Nightcrawlers'. The eagerly-awaited film concerns those people who monitor police scanners and then race to crime scenes to film eye-...
Read more on Movie Balla
 
India eves look for first win in AFC U-16 qualifiers
Dhaka, Oct 18 (IANS) India will hope to register their first win of the 2015 Asian Football Confederation (AFC) Under-16 Women's Championship qualifiers when they take on hosts Bangladesh in a crucial encounter at the...
Read more on Sport Balla
 
Moyes mulling return to management
London, Oct 18 (IANS) Former Manchester United manager David Moyes said that he is ready to revive his managerial career six months after being sacked by the 'Red Devils'. "I am ready to return. I have enjoyed the...
Read more on Sport Balla
 
Ebola fears loom over Ghana hosting AFCON
Accra (Ghana), Oct 18 (IANS) The Ghana Medical Association (GMA) cautioned the government Saturday against hosting the 2015 African Cup of Nations (AFCON), despite a request by the Confederation of African Football (...
Read more on Sport Balla