© Copyright Acquisition International 2026 - 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 Level Up Your Recruitment with ChatGPT
Innovation
20/03/2023How to Level Up Your Recruitment with ChatGPT

ChatGPT, an artificial intelligence chatbot, has made waves through the technology sector since launching in November 2022, with users impressed by its realistic and human-like conversational experience.

Read Full PostRead - Eye Icon
AI-Based Resource Management
Innovation
21/06/2019AI-Based Resource Management

Can Do has been one of the leading providers of solutions for resource and project management for almost an impressive 20 years.

Read Full PostRead - Eye Icon
How to Raise Your Business Reputation When You Are On a Budget
News
26/07/2021How to Raise Your Business Reputation When You Are On a Budget

Running a business operation comes with a range of different challenges. One of the most common hurdles involves dealing with your company’s reputation and how to raise it. Fortunately, there are many things that you can do to build your brand, especially if

Read Full PostRead - Eye Icon
HOSTMAKER launches Bangkok branch
Finance
13/08/2018HOSTMAKER launches Bangkok branch

HOSTMAKER, the leading home rental management company in Europe, has today announced its launch into the Asian market, expanding into Bangkok, the world's most visited city.

Read Full PostRead - Eye Icon
How Your IT Department Can Save On IT Costs
News
24/11/2021How Your IT Department Can Save On IT Costs

Businesses are often overwhelmed by IT costs since reliable technological infrastructure and its maintenance are expensive. And with the current pandemic crisis, companies have examined and replanned their budget to reduce, delay, or renegotiate for any potent

Read Full PostRead - Eye Icon
The Impact of a Brexit on the European E-Money Market
Finance
23/06/2016The Impact of a Brexit on the European E-Money Market

Craig James, CEO at Neopay, discusses the potential impact and implications of a Brexit on the future development of this sector.

Read Full PostRead - Eye Icon
The Desire to Acquire & The Urge to Merge
M&A
26/11/2015The Desire to Acquire & The Urge to Merge

de Marcellus & Disser specialises in IP law and assisting companies involved in IP law surrounding M&A activity.

Read Full PostRead - Eye Icon
Iwoca Series-B led by by Acton Capital Partners
Finance
04/08/2015Iwoca Series-B led by by Acton Capital Partners

Iwoca Series-B led by by Acton Capital Partners

Read Full PostRead - Eye Icon
Serving Customer and Community
Leadership
24/12/2021Serving Customer and Community

Having made itself the ‘Best Home & Maintenance Services Provider’ in 2021 for the UK, Fantastic Services is a home and office services company whose franchise model is helping communities all across the world.



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