Hydrocarbons & Petroleum Products · Direct
Monitoring · monthlyProcurement Category Intelligence
LPG - Propane
Overview
Market size
$145.0B
global, USD
CAGR
4.1%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
6
tracked players
Signals
12
2 high severity
Market outlook
2031$177.3B
What changed
Demand by region
Asia Pacific demand48%
Europe demand20%
North America demand16%
Latin America demand10%
Rest of world demand6%
share of global demandtotal 100%
Cost drivers
Upstream Natural Gas and Crude Oil Feedstocks55%
Refining and Fractionation Processing20%
Marine Freight and Pipeline Logistics13%
Terminal Storage and Handling7%
Regional Distribution and Local Delivery5%
share of delivered cost (analyst estimate)