Geographic Coverage and Analysis:
The report provides regional analysis covering geographies such as North America, Europe,
Asia-Pacific, and Rest of the World. In this section the key trends and market size for each
geography is provided over the period of 2017 – 2023.
Asia Pacific is accounted to be the largest market region in the global propane market and is
likely to continue its dominance over the forecast period due to growing demand of propane
from automobile industry and increasing population in this region. Furthermore, developing
infrastructure and high demand of LPG over the traditional substitutes especially in
developing economies such as India, China, Taiwan and South Korea are anticipated to grow
the propane market at a highest CAGR rate in Asia Pacific region over the forecast period.
North America is accounted for the second largest propane market following the Asia Pacific
region and was the largest consumer of propane over the last decade due to increasing use
in HVAC systems. Moreover, high demand of propane due to extreme climatic conditions in
this region will likely to witness a significant growth in propane market.
Companies Profiled:
The companies covered in the report include Marsh LP Gas Company Inc., Lykins Energy
Solutions, Sparlingss Propane Co. Ltd., Ferrellgas Partners L.P., ThompsonGas, PteroChina
Company Limited, Reliance Industries Ltd., AmeriGas, Shell, British Petroleum, BASF, Sinopec,
PDVSA, Valero Energy Corp., ExxonMobil and Evonik.
Infinium Global Research