© 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
Cutting Costs in Research: How Labs Can Do More With Less
Innovation
20/02/2026Cutting Costs in Research: How Labs Can Do More With Less

Research facilities are operating under increasingly tight financial constraints, and that’s not news to anyone running a lab. Labour costs keep climbing, and clinical laboratories use five to 10 times more energy per square foot than your average office

Read Full PostRead - Eye Icon
Structuring a Fair Salary Scale
Finance
07/04/2020Structuring a Fair Salary Scale

Once you have decided that you need to hire a new member of staff, you need to think not only about what their role will include, but also what you will pay them. Paying a fair salary is a vital aspect of procuring the right new recruit – get it wrong and yo

Read Full PostRead - Eye Icon
Secure and Convenient Banking Solutions with Direct Deposit
News
31/08/2023Secure and Convenient Banking Solutions with Direct Deposit

There’s a new kid on the banking block, and it’s offering a unique blend of convenience, security, and innovation. It’s known as Sofi direct deposit, a dynamic banking solution that seeks to simplify and secure your financial transactions. He

Read Full PostRead - Eye Icon
2016 Fund Awards FAQ
Finance
24/11/20152016 Fund Awards FAQ

2016 Fund Awards FAQ

Read Full PostRead - Eye Icon
Verizon Acquiring AOL for $4.4 Billion
M&A
13/05/2015Verizon Acquiring AOL for $4.4 Billion

Verizon has announced that it is purchasing AOL for $0.50 a share which works out at a massive $4.4 billion.

Read Full PostRead - Eye Icon
Are law firms being proactive enough when it comes to cyber security?
Legal
01/04/2021Are law firms being proactive enough when it comes to cyber security?

Lockdown working has exposed the gaps in cyber security practices in many law firms. With hackers looking for a pay day, it’s never too late to become cyber proactive. Guy Lloyd at CySure explains why cyber security doesn’t need to be complex, costly or co

Read Full PostRead - Eye Icon
7 Important Tips for Streamlining Your Workflows
News
20/09/20227 Important Tips for Streamlining Your Workflows

If you're like most people, your days are filled with a never-ending to-do list. From the moment you wake up until you go to bed, there's always something that needs to be done. And if you don't have a system for managing your tasks, it can be easy to get over

Read Full PostRead - Eye Icon
5G Endless Opportunities and Possibilities
Innovation
31/08/20235G Endless Opportunities and Possibilities

There has been a lot of noise recently about AI but the real game changing technology that will revolutionise services and industries is 5G standalone that will deliver faster speeds, lower latency, and increase reliability ensuring we are always connected.

Read Full PostRead - Eye Icon
Round Table: Islamic Financing and Sharia Compliant Financial Products
Finance


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