Auto Gas Market Growth, Demand and Challenges of the Key Industry Players 2023-28 - PowerPoint PPT Presentation

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Auto Gas Market Growth, Demand and Challenges of the Key Industry Players 2023-28

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According to the latest research report by IMARC Group, The global auto gas market size reached US$ 49.46 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 66.96 Billion by 2028, exhibiting a growth rate (CAGR) of 4.90% during 2023-2028. More Info:- – PowerPoint PPT presentation

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Title: Auto Gas Market Growth, Demand and Challenges of the Key Industry Players 2023-28


1
Global Auto Gas Market Research and Forecast
Report 2023-2028
  • Format PDFEXCEL

2023 IMARC All Rights Reserved
2
About IMARC Group
  • International Market Analysis Research and
    Consulting Group is a leading adviser on
    management strategy and market research
    worldwide. We partner with clients in all regions
    and industry verticals to identify their
    highest-value opportunities, address their most
    critical challenges, and transform their
    businesses.
  • IMARCs information products include major
    market, scientific, economic and technological
    developments for business leaders in
    pharmaceutical, industrial, and high technology
    organizations. Market forecasts and industry
    analysis for biotechnology, advanced materials,
    chemicals, food and beverage, travel and tourism,
    nanotechnology and novel processing methods are
    at the top of the companys expertise.
  • IMARCs tailored approach combines unfathomable
    insight into the dynamics of companies and
    markets with close cooperation at all levels of
    the client organization. This ensures that our
    clients achieve unmatchable competitive
    advantage, build more proficient organizations,
    and secure lasting results.

3
Report Highlight and Description
  • According to the latest report by IMARC Group,
    titled "Auto Gas Market Global Industry Trends,
    Share, Size, Growth, Opportunity and Forecast
    2023-2028," the global auto gas market size
    reached US 49.46 Billion in 2022.
  • Auto gas, also known as automotive liquefied
    petroleum gas (LPG), is a clean and efficient
    alternative fuel gaining significant traction in
    the automotive industry. Comprising mainly of
    propane and butane, auto gas is an eco-friendly
    option that reduces harmful emissions compared to
    traditional gasoline or diesel. Its widespread
    adoption is driven by its affordability, as it
    typically offers substantial cost savings for
    vehicle owners.
  • Furthermore, it is readily available through an
    extensive network of refueling stations, making
    it a convenient choice for consumers. With
    technological advancements, modern vehicles can
    seamlessly switch between gasoline and auto gas,
    offering flexibility to drivers. As the world
    focuses on reducing carbon footprints and
    combating air pollution, it emerges as a
    sustainable solution, contributing to a greener
    and more sustainable future for transportation.
  • Request for a PDF sample of this report
    https//www.imarcgroup.com/auto-gas-market/request
    sample

4
Report Description
  • Global Auto Gas Market Trends
  • The global market is majorly driven by a growing
    awareness of pressing environmental issues,
    including concerns over air pollution and climate
    change. Auto gas is gaining prominence as a more
    environmentally friendly fuel option than
    gasoline and diesel, emitting fewer greenhouse
    gases, particulate matter, and harmful
    pollutants. Governments and environmental
    organizations actively endorse it to curb vehicle
    emissions and enhance air quality. Moreover, the
    generally lower price of it in comparison to
    conventional fuels like gasoline and diesel,
    combined with reduced maintenance costs for auto
    gas-powered vehicles, makes it an enticing choice
    for vehicle owners. Accessibility and
    availability of the product refueling
    infrastructure are pivotal in shaping market
    growth, with ongoing efforts to expand refueling
    stations and establish a robust distribution
    network.
  • This expansion is supported by both governmental
    and private sector investments, ensuring
    convenient refueling options for auto gas users.
    Additionally, the advancement of vehicle
    conversion technology and the ready availability
    of conversion kits and skilled technicians
    simplifies the transition to auto gas without
    significant vehicle modifications. These factors
    collectively contribute to positive growth for
    the market in the foreseeable future.
  • Looking forward, the market value is projected to
    reach US 66.96 Billion by 2028, expanding at a
    CAGR of 4.90 during 2023-2028.
  • View Report TOC, Figures and Tables
    https//www.imarcgroup.com/auto-gas-market

5
Report Segmentation
  • Type Insights
  • Propane
  • Butane
  • Others
  •  
  • Vehicle Type Insights
  • Passenger cars
  • Commercial vehicles
  • Regional Insights
  • North America
  • Europe
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

6
Competitive Landscape with Key Players
  • Aygaz A.S.
  • BP plc
  • China Petroleum Chemical Corporation (China
    Petrochemical Corporation)
  • Flogas Britain Limited (DCC plc)
  • Lange Gas
  • Likitgaz Dagitum ve Endustri Anonim Sirketi
  • Shell Plc
  • SHV Energy N.V.
  • Total Energies SE
  • Westfalen

7
Key Questions Answered in the Report
8
Key Questions Answered in the Report
9
Table of Contents
  • 1    Preface2    Scope and Methodology    2.1  
     Objectives of the Study    2.2  
     Stakeholders    2.3    Data Sources       
    2.3.1    Primary Sources        2.3.2  
     Secondary Sources    2.4    Market Estimation 
          2.4.1    Bottom-Up Approach        2.4.2  
     Top-Down Approach    2.5    Forecasting
    Methodology3    Executive Summary4  
     Introduction    4.1    Overview    4.2    Key
    Industry Trends5    Global Auto Gas Market   
    5.1    Market Overview    5.2    Market
    Performance    5.3    Impact of COVID-19  5.4
       Market Forecast
  • 6     Market Breakup by Type
  • 6.1 Propane
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
  • 6.2 Butane
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast
  • 6.3 Others
  • 6.3.1 Market Trends
  • 6.3.2 Market Forecast
  • 7     Market Breakup by Vehicle Type       

10
Table of Contents
  • 7.1 Passenger Cars
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
  • 7.2 Commercial Vehicles
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
  • 8  Market Breakup by Region
  • 8.1 North America
  • 8.1.1 United States
  • 8.1.1.1 Market Trends
  • 8.1.1.2 Market Forecast
  • 8.1.2 Canada
  • 8.1.2.1 Market Trends
  • 8.1.2.2 Market Forecast
  • 8.2 Asia-Pacific
  • 8.2.1 China
  • 8.2.1.1 Market Trends
  • 8.2.1.2 Market Forecast
  • 8.2.2 Japan

11
Disclaimer
  • 2023 IMARC All Rights Reserved
  • This Publication and all its contents unless
    otherwise mentioned are copyrighted in the name
    of International Market Analysis Research and
    Consulting (IMARC). No part of this publication
    may be reproduced, repackaged, redistributed or
    resold in whole or in any part. The publication
    may also not be used in any form or by and means
    graphic electronic or mechanical, including
    photocopying, recording, taping or by information
    storage or retrieval, or by any other form,
    without the express consent of International
    Market Analysis Research and Consulting (IMARC).
  • Disclaimer All contents and data of this
    publication, including forecasts, data analysis
    and opinion have been based on information and
    sources believed to be accurate and reliable at
    the time of publishing. International Market
    Analysis Research and Consulting makes no
    representation of warranty of any kind as to the
    accuracy or completeness of any Information
    provided. IMARC accepts no liability whatsoever
    for any loss or damage resulting from opinion,
    errors or inaccuracies if any found this
    publication.
  • IMARC, IMARC Group and Global Therapy Insight
    Series are registered trademarks of International
    Market Analysis Research and Consulting. All
    other trademarks used in this publication are
    registered trademarks of their respective
    companies.

12
Contact Us
Visit us at
https//www.imarcgroup.com
TELEPHONE 1-631-791-1145 E-MAIL
sales_at_imarcgroup.com
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