© Copyright Acquisition International 2025 - All Rights Reserved.

Article Image - Asia Pacific Liquefied Petroleum Gas Market is Expected to Reach $100 Billion
Posted 27th February 2015

Asia Pacific Liquefied Petroleum Gas Market is Expected to Reach $100 Billion

Market expected to reach $100 billion by 2019, at a CAGR of 5.3% From 2014 to 2019

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Asia Pacific Liquefied Petroleum Gas Market is Expected to Reach $100 Billion
Image

Asia Pacific Liquefied Petroleum Gas Market Expected to Reach $100 Billion by 2019

The Asia Pacific Liquefied Petroleum Gas Market is expected to reach $100 billion by 2019 at a CAGR of 5.3% from 2014 to 2019, a new report by MicroMarket Monitor revealed.

As of 2014, the market in China accounted the largest share in the Asia-Pacific liquefied petroleum gas market, followed by Japan. The residential/commercial application of LPG is accounted a maximum share in 2014, followed by chemical application. Considering the LPG sources, refinery is expected to account a major share, whereas non-associated source is expected to grow at a CAGR within the forecast period.

Globally, the Asia-Pacific LPG market is considered to be one of the largest markets, and is expected to retain its position in the coming years. Factors such as large population base, growing liquefied petroleum gas demand, lower carbon emissions and ease of use are driving the growth of this market.

Factors such as high cost of LPG distribution, risk of explosion, and others are restricting the growth of this market. However, increasing governmental promotions for use of LPG offer new growth opportunities to the market players. PetroChina, Sinopec, Shell, Exxon Mobil, BP, Petron, Chevron, IOCL and Phillips 66 are the major players in the Asia-Pacific liquefied petroleum gas market.

To view the full report, visit www.micromarketmonitor.com

Categories: Finance


You Might Also Like
Read Full PostRead - Eye Icon
How To Expand A Home-Based Business
Innovation
22/02/2023How To Expand A Home-Based Business

Doing business at home has been recently popularized due to the convenience and advent of technology. Startup entrepreneurs can get their businesses off the ground without worrying about paying for overhead expenses.

Read Full PostRead - Eye Icon
The Key Skills for Finance Success
Finance
16/09/2015The Key Skills for Finance Success

Success can be measured in many different ways but in terms of how a professional can reach the top, strong leadership skills have been identified as the most important attribute.

Read Full PostRead - Eye Icon
Essential eCommerce Features for Major Growth
Strategy
06/11/2020Essential eCommerce Features for Major Growth

With the right strategies, you can give your eCommerce business the best chance of success regardless of the circumstances. A mixture of customer loyalty, building a modern eCommerce website and focusing on long-term marketing efforts has proven to work for ot

Read Full PostRead - Eye Icon
CEO of the Year – New Jersey
Innovation
02/02/2016CEO of the Year – New Jersey

The Macaluso Group (“TMG”) is a technology and data driven company focused on pioneering co-pay and financial payment solutions.

Read Full PostRead - Eye Icon
Novel Biological Medicines
Innovation
01/03/2016Novel Biological Medicines

Batavia Biosciences focuses on accelerating the transition of novel biological medicines from laboratory bench to the clinic with improved success and lower cost.

Read Full PostRead - Eye Icon
Save Time and Money with Clinical Maestro
Finance
27/04/2023Save Time and Money with Clinical Maestro

Strategikon has developed a platform called Clinical Maestro that is able to efficiently budget, source, and manage complex clinical programs.

Read Full PostRead - Eye Icon
Why Integrity, Trust and Authenticity Are Still the Best Business Strategy
News
10/06/2025Why Integrity, Trust and Authenticity Are Still the Best Business Strategy

These days, customers are smart. They do their research; ask questions, read reviews, compare quotes and pick up on red flags quickly. And they’ve learned to spot a brand that’s all packaging and no substance from a mile away.

Read Full PostRead - Eye Icon
5 Effective Leadership Styles in Education
Leadership
20/11/20205 Effective Leadership Styles in Education

Creating a positive learning culture in school is what is one of the most important and challenging jobs for any teacher. That’s because education is not only about going to school and giving a lecture. It also has a lot to do with instilling confidence and

Read Full PostRead - Eye Icon
Ease The Load: Five Ways AI Can Assist Your Startup Or Small Business
Innovation
23/04/2024Ease The Load: Five Ways AI Can Assist Your Startup Or Small Business

Using AI in your marketing strategy doesn’t have to be overly complex, and it’s usually very accessible - with free to use tools such as Chat GPT.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow