North America Liquefied Petroleum Gas Market Research Report 2022
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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
Research Methodology:
Liquefied Petroleum Gas Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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