Propane Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2024-32

1
Global Propane Market Research and Forecast
Report 2024-2032

• 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 "Propane Market Global Industry Trends,
  Share, Size, Growth, Opportunity and Forecast
  2024-2032," the global propane market size
  reached 181.1 Million Tons in 2023.
• Propane, or liquefied petroleum gas (LPG), refers
  to a colorless, non-toxic, and highly flammable
  hydrocarbon gas usually compressed and stored in
  a liquid form. It is a byproduct obtained from
  processing crude oil, natural gas, and petroleum.
  Although it is odorless, an odorant is added to
  the gas for leakage detection.
• It is commonly used for cooking, space and water
  heating, air conditioning, refrigerating food,
  and vehicle fuel. It offers several benefits,
  including cost-effectiveness, environment
  friendliness, high energy density, and
  versatility. Over the years, propane has gained
  immense popularity as a clean-burning fuel in the
  residential, commercial, transportation, and
  industrial sectors.
• Request for a PDF sample of this report
  https//www.imarcgroup.com/propane-market/requests
  ample

4
Report Description

• Global Propane Market Trends
• The escalating demand for propane from the
  residential sector represents one of the key
  factors driving the market growth. Besides this,
  the increasing product applications in the power
  and energy sector for electricity generation are
  contributing to the market growth. Moreover, the
  growing environmental concerns and the rising
  energy demand from numerous industry verticals
  have strengthened the need for clean-burning
  fuels, such as propane. In line with this, the
  surging utilization of propane in industrial
  applications, including cutting and brazing,
  soldering, preheating, shrink-wrapping, and heat
  treatment has augmented the product demand. In
  addition, the increasing number of autogas or
  LPG-fueled vehicles and the rising popularity of
  propane-based agricultural engines are other
  major growth-inducing factors.
• Furthermore, the implementation of stringent
  regulations by governments of various nations due
  to depleting non-renewable resources like crude
  oil has prompted manufacturers to adopt
  sustainable manufacturing practices that rely on
  bio-based raw materials for propane production to
  improve efficiency and conserve natural
  resources. This, in turn, is offering lucrative
  growth opportunities to key players. Other
  factors, including rising product use as an
  intermediate in propylene and ethylene
  production, inflating sales of propane-fueled
  appliances, rapid industrialization, widespread
  product availability, and extensive investments
  in research and development (RD) activities, are
  also creating a favorable market outlook.
• Looking forward, IMARC Group expects the market
  volume to reach 248.7 Million Tons by 2032,
  growing at a CAGR of 3.5 during 2024-2032.
• View Report TOC, Figures and Tables
  https//www.imarcgroup.com/propane-market

5
Report Segmentation

• Breakup by Form
• Liquid
• Gas
•  
• Breakup by Grade
• HD-5 Propane
• HD-10 Propane
• Commercial Propane
• Breakup by End Use Industry
• Residential
• Commercial

6
Report Segmentation

• Transportation
• Others
• Breakup by Region
• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa

7
Competitive Landscape with Key Players

• Air Liquide S.A.
• BP plc
• Chevron Corporation
• China National Petroleum Corporation
• China Petroleum Chemical Corporation
• ConocoPhillips Company
• Eni S.p.A.
• Evonik Industries AG
• Exxon Mobil Corporation
• GAIL (India) Limited
• Gazprom
• Indian Oil Corporation Ltd.
• Royal Dutch Shell plc
• Saudi Arabian Oil Co.
• TotalEnergies SE

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 Propane Market   
  5.1    Market Overview    5.2    Market
  Performance    5.3    Impact of COVID-19  5.4
     Market Forecast
• 6     Market Breakup by Form    6.1
     Liquid        6.1.1 Market Trends        6.1.
  2 Market Forecast    6.2    Gas        6.2.1
  Market Trends        6.2.2 Market Forecast7
    Market Breakup by Grade    7.1    HD-5
  Propane        7.1.1 Market Trends        7.1.2
  Market Forecast       

10
Table of Contents

•     7.2    HD-10 Propane        7.2.1 Market
  Trends        7.2.2 Market Forecast    7.3
     Commercial Propane        7.3.1 Market
  Trends        7.3.2 Market Forecast8   Market
  Breakup by End Use Industry    8.1
     Residential        8.1.1 Market
  Trends        8.1.2 Market Forecast    8.2
     Commercial        8.2.1 Market
  Trends        8.2.2 Market Forecast    8.3
     Transportation        8.3.1 Market
  Trends        8.3.2 Market Forecast    8.4
     Others        8.4.1 Market Trends        8.4.
  2 Market Forecast9   Market Breakup by
  Region    9.1    North America        9.1.1
  United States           9.1.1.1 Market
  Trends           9.1.1.2 Market
  Forecast        9.1.2 Canada           9.1.2.1
  Market Trends           9.1.2.2 Market
  Forecast    9.2    Asia-Pacific        9.2.1
  China           9.2.1.1 Market Trends
• For more information, visit https//www.imarcgrou
  p.com/propane-market/toc

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 [phone] E-MAIL
sales_at_imarcgroup.com