Report Description
A recent market
intelligence report that is published by Data Insights Partner on the
global LPG Market makes an offering of in-depth analysis of segments and
sub-segments in the regional and international Global LPG market. The research also emphasizes on the impact of
restraints, drivers, and macro indicators on the regional and global LPG Market
over the short as well as long period of time. A
detailed presentation of forecast, trends, and dollar values of global LPG Market
is offered. In accordance with the report, the global
LPG Market is projected to
expand with healthy CAGR over the period of forecast.
Market Insight, Drivers,
Restraints& Opportunity of the Market:
LPG is the acronym of liquefied petroleum gas which constitutes of
hydrocarbon gases such as propane, butane and isobutene and the mixture of
three gases. LPG is applied for home heating, fuel for vehicles, cooking etc.
The global LPG market would likely to propel by emerging focus to the
wide applications of liquid petroleum gases across several industries. As
compared to traditional fuel such as coal, wood etc., liquid petroleum gas
offers low costs and has environmental benefits- this advantage would lead the
growth of the Global LPG market in future. On the other, declining oil and gas
industry, stringent regulatory landscape, environmental concerns and emergence
of Covid-19 pandemic (temporary shut down of production units and less man
power) would likely to restrain the growth of the global LPG market during the
forecast period. However, strategic alliance among key players, technological
advancement (such as automation), growing industrialization in developing
countries, government initiatives etc. would provide the LPG market an
opportunity to grow during the forecast period. For instance, electric vehicles
market is anticipated to grow at the faster rate in the developing countries
such as China and India during the forecast period; therefore, it is
anticipated that the use of LPG in the electric vehicles would propel with a
handsome rate in developing countries as well.
Segment Covered:
This market
intelligence report on the Global LPG Market encompasses market segment based
on source type, application and country.
In terms of source
type, the Global LPG Market is classified into:
·
Refineries
·
Associated gas
·
Non-associated
gas
In terms of application,
the Global LPG Market is classified into:
·
Residential
·
Energy and power
·
Chemical
·
Automotive and
transport
·
Others
By
country/region, the Global LPG Market has been divided into:
·
North America
(the U.S., Canada)
·
Latin America
(Brazil, Mexico, Argentina and other countries)
·
Europe (Germany,
France, the U.K., Spain, Italy, Russia, and other countries)
·
Asia Pacific
(India, Japan, China, Australia and New Zealand and other countries)
·
Middle East and
Africa (GCC, South Africa, Israel and Other countries)
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as:
·
British
Petroleum Plc
·
China Petroleum
& Chemical Corporation
·
Exxon Mobil
Corporation
·
Chevron
Corporation
·
Petroleum
Nasional Bhd
·
Royal Dutch
Shell
·
Valero Energy
Other companies
are profiled into detail so as to offer a glimpse of the market leaders.
Moreover, parameters such as Global LPG related investment & spending and
developments by major players of the market are tracked in this global report.
Report Highlights:
In-depth analysis
of the micro and macro indicators, market trends, and forecasts of demand is
offered by this business intelligence report. Furthermore, the report offers a
vivid picture of the factors that are steering and restraining the growth of
this market across all geographical segments. In addition to that, Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into
consideration. Various analytical tools such as DRO analysis, Porter's five
forces analysis has been used in this report to present a clear picture of the
market. The study focuses on the present market trends and provides market
forecast from the year 2020-2028. Emerging trends that would shape the market demand
in the years to come have been highlighted in this report. A competitive
analysis in each of the geographical segments gives an insight into market
share of the global players.
Salient Features:
Ø
This study
offers comprehensive yet detailed analysis of the Global LPG market, size of the market (US$ Mn), and Compound Annual Growth
Rate (CAGR (%)) for the period of forecast: 2020-2028, taking into account 2019
as the base year
Ø
It explains
upcoming revenue opportunities across various market segments and attractive
matrix of investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market
opportunities, restraints, drivers, launch of new products, competitive market
strategies of leading market players, emerging market trends, and regional
outlook
Ø
Profiling of
key market players in the world Global LPG Market is done by taking into account various parameters such as
company strategies, distribution strategies, product portfolio, financial performance,
key developments, geographical presence, and company overview
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take decision when it comes to launch of products, government initiatives,
marketing tactics and expansion, and technical up gradation
Ø
The world
market for Global LPG caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for Global
LPG market. The research also caters to the rising needs of
consulting and research firms, financial analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the
investment opportunities in the Global LPG market
v
Identification
of key factors driving investment opportunities in the Global LPG market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants