Global Propane Market Insights: Impact of COVID-19 and Future Expectations to 2025

SKU ID : Maia- 17447174

Publishing Date : 24-Feb-2021

No. of pages : 110

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  • The Propane market revenue was 79627 Million USD in 2019, and will reach 101687 Million USD in 2025, with a CAGR of 4.16% during 2020-2025. Propane is a three-carbon alkane with the molecular formula C₃H₈. It is a gas at standard temperature and pressure, but compressible to a transportable liquid. A by-product of natural gas processing and petroleum refining, it is commonly used as a fuel. Propane is one of a group of liquefied petroleum gases.
    This report elaborates the market size, market characteristics, and market growth of the Propane industry, and breaks down according to the type, application, and consumption area of Propane. The report also introduces players in the industry from the perspective of the industry chain and marketing chain and describes the leading companies.

    In Chapter 2.3 of the report, the impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Propane in a special period. This chapter also compares the markets of Pre COVID-19 and Post COVID-19.
    Chapter 2.5 covers the analysis of the impact of COVID-19 from the perspective of the industry chain.
    In addition, chapters 6-10 consider the impact of COVID-19 on the regional economy.

    Key players in the global Propane market covered in Chapter 11:
    Shell
    ThompsonGas
    PetroChina Company Limited
    Sinopec
    Evonik
    AmeriGas
    Lykins Energy Solutions
    ExxonMobil
    PDVSA
    Marsh LP Gas Company Inc.
    BASF
    Valero Energy Corp.
    Sparlingss Propane Co. Ltd.
    British Petroleum
    Ferrellgas Partners L.P.
    Reliance Industries Ltd.

    In Chapter 3, on the basis of types, the Propane market from 2015 to 2025 is primarily split into:
    NGPL
    LRG

    In Chapter 4, on the basis of applications, the Propane market from 2015 to 2025 covers:
    Residential
    Commercial
    Chemical & Refinery
    Others

    Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2015-2025) of the following regions are covered in Chapter 5, 6, 7, 8, 9, 10:
    North America (Covered in Chapter 6)
    United States
    Canada
    Mexico
    Europe (Covered in Chapter 7)
    Germany
    UK
    France
    Italy
    Spain
    Russia
    Others
    Asia-Pacific (Covered in Chapter 8)
    China
    Japan
    South Korea
    Australia
    India
    Middle East and Africa (Covered in Chapter 9)
    Saudi Arabia
    UAE
    Egypt
    South Africa
    South America (Covered in Chapter 10)
    Brazil
    Argentina
    Columbia

    Years considered for this report:


    Historical Years:

    2015-2019

    Base Year:

    2019

    Estimated Year:

    2020

    Forecast Period:

    2020-2025

    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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