Propane Market
Propane Market - Global Industry Assessment & Forecast
#
Pages:
210
2023
Apr - 2024
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
Research Methodology: Propane Market by Grade by End-user by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
Data Triangulation and Market Size Estimations
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.
