Global Liquefied Petroleum Gas Market Segment Forecasts Up to 2020, Research Reports- Syndicatemarketresearch

Published By: Syndicate Market Research

Liquefied Petroleum Gas (LPG) Market –Global
Industry Perspective, Comprehensive Analysis
and Forecast, 2014 – 2020

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Liquefied Petroleum Gas Market

Liquefied petroleum gas (LPG) is a combustible mix of hydrocarbon gases. LPG is directed as
fuel in heating appliances, vehicles, aerosol propellant, refrigerant and cooking equipment,
etc. LPG is also referred as propane or butane. LPG offers several benefits such as low cost,
low carbon emission and other operational benefits. LPG can be employed as a feedstock in
petrochemical and refinery complexes and usually used as substitute to naphtha.
LPG demand is primarily driven by government initiatives to increase consumption of LPG as
cooking fuel and auto fuel. Growing adoption of auto gas especially in Asia Pacific region is
estimated to augment demand for LPG demand over the forecast period. However, the
volatility of crude oil prices is major factor that will hamper market growth. Furthermore,
Panama Canal expansion and shale gas production in the Asia-Pacific and Latin American
regions will open new doors for LPG market.

Liquefied Petroleum Gas Market
Browse the full "Liquefied Petroleum Gas (LPG) Market –Global Industry Perspective,
Comprehensive Analysis and Forecast, 2014 – 2020" report
The LPG market has been segmented based on source such as refinery, associated gas and
non-associated gas. It is also segmented on the basis of end-user such as
residential/commercial, petrochemical and refinery, industrial, transportation and others.
The study provides forecast and estimates for each source segment and...