Propane Market
Propane Market - Global Industry Assessment & Forecast
#
Pages:
210
Base Year:
2023
Apr - 2024
Format:
Report Code:
VMR-VMR-2021-0783
Segments Covered
By
Grade HD-5, HD-10, Commercial
-
By
End-user Residential, Commercial, Industrial, Chemicals and Refineries, Transportation, Agriculture
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2023 |
| Forecast
Years:
|
2024 - 2032 |
 Historical
Years:
|
2018 - 2022 |
 Revenue
2023: |
USD 94.6 Billion |
 Revenue 2032:
|
USD 145.5 Billion |
 Revenue CAGR
(2024 - 2032): |
4.9% |
Fastest Growing Region (2024 -
2032)
|
Europe |
Largest Region (2023):
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Propane Market Segment Analysis
- Propane Grade Outlook (Revenue, USD Million, 2018 - 2030)
- HD-5
- HD-10
- Commercial
- Propane End-user Outlook (Revenue, USD Million, 2018 - 2030)
- Residential
- Commercial
- Industrial
- Chemicals and Refineries
- Transportation
- Agriculture
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Propane Market, by Grade
- HD-5
- HD-10
- Commercial
-
North America Propane Market, by End-user
- Residential
- Commercial
- Industrial
- Chemicals and Refineries
- Transportation
- Agriculture
- U.S.
- U.S. Propane Market, by Grade
- HD-5
- HD-10
- Commercial
- U.S. Propane Market, by End-user
- Residential
- Commercial
- Industrial
- Chemicals and Refineries
- Transportation
- Agriculture
- U.S. Propane Market, by Grade
- Canada
- Canada Propane Market, by Grade
- HD-5
- HD-10
- Commercial
- Canada Propane Market, by End-user
- Residential
- Commercial
- Industrial
- Chemicals and Refineries
- Transportation
- Agriculture
- Canada Propane Market, by Grade
-
Mexico
- Mexico Propane Market, by Grade
- HD-5
- HD-10
- Commercial
- Mexico Propane Market, by End-user
- Residential
- Commercial
- Industrial
- Chemicals and Refineries
- Transportation
- Agriculture
- Mexico Propane Market, by Grade
-
North America Propane Market, by Grade
- Europe
-
Europe Propane Market, by Grade
- HD-5
- HD-10
- Commercial
-
Europe Propane Market, by End-user
- Residential
- Commercial
- Industrial
- Chemicals and Refineries
- Transportation
- Agriculture
- U. K.
- U.K. Propane Market, by Grade
- HD-5
- HD-10
- Commercial
- U.K. Propane Market, by End-user
- Residential
- Commercial
- Industrial
- Chemicals and Refineries
- Transportation
- Agriculture
- U.K. Propane Market, by Grade
- France
- France Propane Market, by Grade
- HD-5
- HD-10
- Commercial
- France Propane Market, by End-user
- Residential
- Commercial
- Industrial
- Chemicals and Refineries
- Transportation
- Agriculture
- France Propane Market, by Grade
-
Germany
- Germany Propane Market, by Grade
- HD-5
- HD-10
- Commercial
- Germany Propane Market, by End-user
- Residential
- Commercial
- Industrial
- Chemicals and Refineries
- Transportation
- Agriculture
- Germany Propane Market, by Grade
-
Italy
- Italy Propane Market, by Grade
- HD-5
- HD-10
- Commercial
- Italy Propane Market, by End-user
- Residential
- Commercial
- Industrial
- Chemicals and Refineries
- Transportation
- Agriculture
- Italy Propane Market, by Grade
-
Spain
- Spain Propane Market, by Grade
- HD-5
- HD-10
- Commercial
- Spain Propane Market, by End-user
- Residential
- Commercial
- Industrial
- Chemicals and Refineries
- Transportation
- Agriculture
- Spain Propane Market, by Grade
-
Rest of Europe
- Rest of Europe Propane Market, by Grade
- HD-5
- HD-10
- Commercial
- Rest of Europe Propane Market, by End-user
- Residential
- Commercial
- Industrial
- Chemicals and Refineries
- Transportation
- Agriculture
- Rest of Europe Propane Market, by Grade
-
Europe Propane Market, by Grade
- Asia Pacific
-
Asia Pacific Propane Market, by Grade
- HD-5
- HD-10
- Commercial
-
Asia Pacific Propane Market, by End-user
- Residential
- Commercial
- Industrial
- Chemicals and Refineries
- Transportation
- Agriculture
- China
- China Propane Market, by Grade
- HD-5
- HD-10
- Commercial
- China Propane Market, by End-user
- Residential
- Commercial
- Industrial
- Chemicals and Refineries
- Transportation
- Agriculture
- China Propane Market, by Grade
- Japan
- Japan Propane Market, by Grade
- HD-5
- HD-10
- Commercial
- Japan Propane Market, by End-user
- Residential
- Commercial
- Industrial
- Chemicals and Refineries
- Transportation
- Agriculture
- Japan Propane Market, by Grade
-
Germany
- Germany Propane Market, by Grade
- HD-5
- HD-10
- Commercial
- Germany Propane Market, by End-user
- Residential
- Commercial
- Industrial
- Chemicals and Refineries
- Transportation
- Agriculture
- Germany Propane Market, by Grade
-
India
- India Propane Market, by Grade
- HD-5
- HD-10
- Commercial
- India Propane Market, by End-user
- Residential
- Commercial
- Industrial
- Chemicals and Refineries
- Transportation
- Agriculture
- India Propane Market, by Grade
-
South Korea
- South Korea Propane Market, by Grade
- HD-5
- HD-10
- Commercial
- South Korea Propane Market, by End-user
- Residential
- Commercial
- Industrial
- Chemicals and Refineries
- Transportation
- Agriculture
- South Korea Propane Market, by Grade
-
South East Asia
- South East Asia Propane Market, by Grade
- HD-5
- HD-10
- Commercial
- South East Asia Propane Market, by End-user
- Residential
- Commercial
- Industrial
- Chemicals and Refineries
- Transportation
- Agriculture
- South East Asia Propane Market, by Grade
-
Rest of Asia Pacific
- Rest of Asia Pacific Propane Market, by Grade
- HD-5
- HD-10
- Commercial
- Rest of Asia Pacific Propane Market, by End-user
- Residential
- Commercial
- Industrial
- Chemicals and Refineries
- Transportation
- Agriculture
- Rest of Asia Pacific Propane Market, by Grade
-
Asia Pacific Propane Market, by Grade
- Latin America
-
Latin America Propane Market, by Grade
- HD-5
- HD-10
- Commercial
-
Latin America Propane Market, by End-user
- Residential
- Commercial
- Industrial
- Chemicals and Refineries
- Transportation
- Agriculture
- Brazil
- Brazil Propane Market, by Grade
- HD-5
- HD-10
- Commercial
- Brazil Propane Market, by End-user
- Residential
- Commercial
- Industrial
- Chemicals and Refineries
- Transportation
- Agriculture
- Brazil Propane Market, by Grade
- Argentina
- Argentina Propane Market, by Grade
- HD-5
- HD-10
- Commercial
- Argentina Propane Market, by End-user
- Residential
- Commercial
- Industrial
- Chemicals and Refineries
- Transportation
- Agriculture
- Argentina Propane Market, by Grade
-
Rest of Latin America
- Rest of Latin America Propane Market, by Grade
- HD-5
- HD-10
- Commercial
- Rest of Latin America Propane Market, by End-user
- Residential
- Commercial
- Industrial
- Chemicals and Refineries
- Transportation
- Agriculture
- Rest of Latin America Propane Market, by Grade
-
Latin America Propane Market, by Grade
- Middle East & Africa
-
Middle East & Africa Propane Market, by Grade
- HD-5
- HD-10
- Commercial
-
Middle East & Africa Propane Market, by End-user
- Residential
- Commercial
- Industrial
- Chemicals and Refineries
- Transportation
- Agriculture
- GCC Countries
- GCC Countries Propane Market, by Grade
- HD-5
- HD-10
- Commercial
- GCC Countries Propane Market, by End-user
- Residential
- Commercial
- Industrial
- Chemicals and Refineries
- Transportation
- Agriculture
- GCC Countries Propane Market, by Grade
- South Africa
- South Africa Propane Market, by Grade
- HD-5
- HD-10
- Commercial
- South Africa Propane Market, by End-user
- Residential
- Commercial
- Industrial
- Chemicals and Refineries
- Transportation
- Agriculture
- South Africa Propane Market, by Grade
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Propane Market, by Grade
- HD-5
- HD-10
- Commercial
- Rest of Middle East & Africa Propane Market, by End-user
- Residential
- Commercial
- Industrial
- Chemicals and Refineries
- Transportation
- Agriculture
- Rest of Middle East & Africa Propane Market, by Grade
-
Middle East & Africa Propane Market, by Grade
- North America
FAQ
Frequently Asked Question
What is the global demand for Propane in terms of revenue?
-
The global Propane valued at USD 94.6 Billion in 2023 and is expected to reach USD 145.5 Billion in 2032 growing at a CAGR of 4.9%.
Which are the prominent players in the market?
-
The prominent players in the market are Chevron Corporation, BP p.l.c., Exxon Mobil Corporation, TotalEnergies SE, Royal Dutch Shell Plc, Reliance Propane & Fuel Oil, CHS Inc., Eni S.p.A., Ferrellgas Partners L.P., Marsh L.P. Gas Co. Inc..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 4.9% between 2024 and 2032.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Propane include
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Propane in 2023.
