North America Liquefied Petroleum Gas Market Research Report 2022
Liquefied Petroleum Gas Market size is projected to reach xxxx units by 2025 from an estimated xxxx unit in 2019, growing at a CAGR of xx% globally.
Scope of the Liquefied Petroleum Gas Market
The main goal of this report is to help users understand the Liquefied Petroleum Gas market in terms of its definition, segmentation, market potential, influential trends, and challenges facing the market. In-depth research and analysis took place while preparing the report. Readers will find this report very helpful to in-depth understanding of the market.
Market Segmentation
Liquefied Petroleum Gas Market Research report comprises of Porter's five forces analysis to do the detail study about its each segmentation like Product segmentation, End user/application segment analysis and Major key players analysis mentioned as below;
The prominent key players included in the report on Liquefied Petroleum Gas market include:
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Geographic and direct information from the for the most part Liquefied Petroleum Gas market is being used to help makers pick which credits to sort out to battle with current market segments. Topographical regions covered by the market: The evaluation bases on key current geographical districts, as
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of SA)
The report provides insights on the following pointers:
• Market Penetration: Comprehensive information on Liquefied Petroleum Gas offered by the top 10 players in the Liquefied Petroleum Gas market
• Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the Liquefied Petroleum Gas market
• Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for various Liquefied Petroleum Gas across geographies
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Liquefied Petroleum Gas market
• Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the Liquefied Petroleum Gas market
Market Size Estimation:
The bottom-up and top-down approaches have been used to estimate the size of the Liquefied Petroleum Gas market. These approaches have also been used extensively to determine the size of the various sub-segments in the market. The research methodology used to estimate the market size includes the following details:
• In-depth secondary research was done to identify the prominent players in the Liquefied Petroleum Gas market.
• All the possible parameters of the Liquefied Petroleum Gas market were studied to check their effect on the market.
• The value chain and market size of the Liquefied Petroleum Gas market in terms of (million/billion) have been determined through primary and secondary research.
• The secondary methodology was used to determine the percentage of the splits, shares, and breakdowns and was verified using the primary research methodology.
TABLE OF CONTENTS
1 INTRODUCTION 8
1.1 OBJECTIVES OF THE STUDY 8
1.2 MARKET DEFINITION AND SCOPE OF THE STUDY 9
1.3 MARKETS COVERED 9
1.4 STAKEHOLDERS 10
2 RESEARCH METHODOLOGY 11
2.1 INTEGRATED ECOSYSTEM OF LPG MARKET 11
2.2 ARRIVING AT THE NORTH AMERICA LPG MARKET SIZE 12
2.3 TOP-DOWN APPROACH 13
2.4 BOTTOM-UP APPROACH 14
2.5 DEMAND SIDE APPROACH 15
2.6 MACRO INDICATOR - BASED APPROACH 16
2.7 ASSUMPTIONS 17
3 EXECUTIVE SUMMARY 18
4 MARKET OVERVIEW 20
4.1 INTRODUCTION 20
4.2 DRIVERS AND INHIBITORS OF NORTH AMERICA LPG MARKET 22
4.2.1 AUXILIARY TABLES 23
4.3 IMPACT ANALYSIS 24
4.3.1 IMPACT ANALYSIS OF DRIVERS 24
4.4 KEY MARKET DYNAMICS 24
4.5 DEMAND SIDE ANALYSIS 26
5 LIQUEFIED PETROLEUM GAS MARKET, BY SOURCE 27
5.1 INTRODUCTION 27
5.2 NORTH AMERICA LPG MARKET, BY SOURCE 28
6 LIQUEFIED PETROLEUM GAS MARKET, BY APPLICATION 31
6.1 INTRODUCTION 31
6.2 NORTH AMERICA RESIDENTIAL/COMMERCIAL LPG MARKET, BY COUNTRY 32
6.2.1 NORTH AMERICA RESIDENTIAL/COMMERCIAL LPG MARKET, BY COUNTRY 32
6.3 NORTH AMERICA CHEMICAL LPG MARKET, BY COUNTRY 33
6.3.1 NORTH AMERICA CHEMICAL LPG MARKET, BY COUNTRY 34
6.4 NORTH AMERICA INDUSTRIAL LPG MARKET, BY COUNTRY 35
6.4.1 NORTH AMERICA INDUSTRIAL LPG MARKET, BY COUNTRY 35
6.5 NORTH AMERICA AUTO GAS LPG MARKET, COUNTRY 36
6.5.1 NORTH AMERICAN AUTO GAS LPG MARKET, BY COUNTRY 37
7 LIQUEFIED PETROLEUM GAS MARKET, BY COUNTRY 38
7.1 INTRODUCTION 38
7.2 NORTH AMERICA LPG MARKET 39
7.2.1 NORTH AMERICA LPG MARKET, BY COUNTRY 39
7.2.2 NORTH AMERICA LPG MARKET, BY SOURCE 41
7.2.3 NORTH AMERICA LPG MARKET, BY APPLICATION 43
8 NORTH AMERICA LIQUEFIED PETROLEUM GAS MARKET: COMPETITIVE LANDSCAPE 45
8.1 LPG MARKET: COMPANY SHARE ANALYSIS 45
8.2 COMPETITIVE LANDSCAPE 46
8.3 EXPANSION 46
8.3.1 JOINT VENTURES/ PARTNERSHIP 47
8.3.2 AGREEMENTS 47
8.3.3 MERGERS & ACQUISITIONS 48
8.3.4 NEW TECHNOLOGY 48
8.3.5 OTHERS 49
9 NORTH AMERICA LPG MARKET, BY COMPANY 50
9.1 EXXON MOBIL CORP. 50
9.1.1 PRODUCT PORTFOLIO 50
9.1.2 COMPANY FINANCIALS 51
9.1.3 COMPANY DEVELOPMENTS 52
9.2 BP PLC 53
9.2.1 OVERVIEW 53
9.2.2 PRODUCT PORTFOLIO 53
9.2.3 COMPANY FINANCIALS 53
9.2.4 COMPANY DEVELOPMENTS 55
9.3 CONOCOPHILLIPS 56
9.3.1 OVERVIEW 56
9.3.2 SERVICES PORTFOLIO 56
9.3.3 COMPANY FINANCIALS 57
9.3.4 COMPANY DEVELOPMENTS 57
9.4 CHEVRON CORPORATION 58
9.4.1 OVERVIEW 58
9.4.2 COMPANY FINANCIALS 58
9.4.3 PRODUCT PORTFOLIO 59
9.4.4 RELATED DEVELOPMENTS 60
9.5 MOTIVA ENTERPRISE LLC 61
9.5.1 OVERVIEW 61
9.5.2 COMPANY FINANCIALS 61
9.5.3 PRODUCT PORTFOLIO 61
9.5.4 RELATED DEVELOPMENTS 62
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
| Historical Data (2015-2019) |
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| Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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