Liquefied Petroleum Gas Market for Residential/Commercial, Petrochemical and
Refinery, Industrial, Transportation and Other Applications - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast 2014 - 2020
119 Page Report
Global Liquefied Petroleum Gas Market is expected to reach USD
299.05 billion in 2020
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Liquefied Petroleum Gas Market
Transparency Market Research has released a new market report titled “Liquefied Petroleum Gas (LPG) Market - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020.” According to the report, the global LPG market
was valued at USD 233.83 billion in 2013 and is anticipated to reach USD 299.05 billion in 2020, expanding at a CAGR of
3.4% from 2014 to 2020.
Browse the full Liquefied Petroleum Gas Market report at http://www.transparencymarketresearch.com/liquefiedpetroleum-gas-market.html
Liquefied petroleum gas (LPG) is a mixture of propane and butane which finds applications in multiple end user segments.
LPG is primarily used by the residential and commercial segment. Within this segment, LPG is majorly used as a cooking
fuel, although other uses include heating and lighting. In 2013, the residential and commercial segment was the largest
consumer of LPG, accounting for over 60% of the global consumption. The Autogas segment is likely to be one of the
fastest growing end user markets of LPG within the forecast period. Attractive environmental benefits of using Autogas
coupled with smaller payback periods for adopters are resulting in rapid adoption of LPG as a transportation fuel. Another
attractive end user segment for LPG is likely to be the refinery and...