세계의 프로판 시장 규모 조사 및 예측 : 유형별, 용도별, 지역별 분석(2023-2030년)

Global Propane Market is valued at approximately USD 88.77 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 12.5% during the forecast period 2023-2030. Propane is an alkane with the chemical formula C3H8 and is an imperceptible gas with no color or odor. It serves as a prominent fuel source across diverse applications such as heating, cooking, and various industrial uses. Typically sourced from natural gas processing or crude oil refining, propane transforms into a Liquefied Petroleum Gas (LPG) when subjected to moderate pressure, allowing for convenient storage in pressurized tanks. Its attributes, including clean-burning properties and a high energy content, position propane as a highly efficient option for residential and commercial heating systems. Moreover, its adaptability extends to use in vehicles, portable stoves, and various appliances, providing a reliable and versatile energy source across a spectrum of applications. The Propane Market is expanding because of factors such as the soaring demand for clean energy, rising emphasis on energy efficiency and clean burning fuel, as well as growing demand for clean energy.

In addition, the increasing adoption of propane in recreational vehicles for carbon footprint reduction is acting as a catalyzing factor for market growth across the globe. The surge in popularity of autogas vehicles, boasting a 90% reduction in particulates and 20% less CO2 emissions compared to petrol vehicles, has positioned them as a cleaner and more cost-effective choice for drivers. Global autogas consumption reached approximately 25 million tons in 2022, reflecting a steady rise in the preference for propane-powered vehicles over the past two decades. In Europe, LPG as a fuel type accounted for 2.5% of the 246 million passenger cars on the road, while the U.S. witnessed the operation of over 60,000 propane-powered vehicles, predominantly within truck fleets and school buses. In India, the number of LPG vehicles on the road reached around 2.5 million in 2021. The market's expansion is further propelled by the increasing prices of traditional fuels and government-backed regulatory support, especially in the realm of recreational vehicles, which is propelling the growth of the Propane Market over the estimated period. Moreover, the rise in autogas adoption, as well as the increase in government incentives and regulations present various lucrative opportunities over the forecast years. However, the availability of substitutes such as bio-propane and the harmful effects of propane at higher concentrations are challenging the market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Propane Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to the rise in demand from the residential and transportation sectors, as well as increasing population and rapid urbanization in major nations including China, India, and other countries. Whereas, North America is expected to grow with a significant CAGR over the forecast years. The high demand for propane as a heating fuel in residential and commercial buildings, coupled with the increase in the use of Liquefied Petroleum Gas (LPG) in automobiles is significantly propelling the market demand across the region.

Major market players included in this report are:

• BP Plc (U.K.)
• Chevron Corporation (U.S.)
• Royal Dutch Shell Plc (U.K.)
• Exxon Mobil Corporation (U.S.)
• ConocoPhillips (U.S)
• Reliance Industries Ltd. (India)
• PetroChina Company Limited (China)
• Sinopec (China)
• Total S A (France)
• Ferrellgas Partners L.P. (U.S.)

Recent Developments in the Market:

• In March 2022, KBR and ExxonMobil Catalysts and Licensing LLC ("ExxonMobil") announced a collaborative effort to drive substantial innovations in propane dehydrogenation (PDH) technology. This partnership involves the integration of ExxonMobil's cutting-edge proprietary catalyst technology with KBR's own K-PRO Propane Dehydrogenation (PDH) technology, aimed at efficiently transforming propane into propylene.

Global Propane Market Report Scope:

• Historical Data: 2020 - 2021
• Base Year for Estimation: 2022
• Forecast period: 2023-2030
• Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
• Segments Covered: Type, Application, Region
• Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
• Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Type:

• HD - 5
• HD - 10
• Commercial

By Application:

• Residential
• Commercial
• Industrial
• Others

By Region:

• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• France
• Spain
• Italy
• ROE
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• RoAPAC
• Latin America
• Brazil
• Mexico
• Middle East & Africa
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa

Table of Contents

Chapter 1. Executive Summary

• 1.1. Market Snapshot
• 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
  • 1.2.1. Propane Market, by Region, 2020-2030 (USD Billion)
  • 1.2.2. Propane Market, by Type, 2020-2030 (USD Billion)
  • 1.2.3. Propane Market, by Application, 2020-2030 (USD Billion)
• 1.3. Key Trends
• 1.4. Estimation Methodology
• 1.5. Research Assumption

Chapter 2. Global Propane Market Definition and Scope

• 2.1. Objective of the Study
• 2.2. Market Definition & Scope
  • 2.2.1. Industry Evolution
  • 2.2.2. Scope of the Study
• 2.3. Years Considered for the Study
• 2.4. Currency Conversion Rates

Chapter 3. Global Propane Market Dynamics

• 3.1. Propane Market Impact Analysis (2020-2030)
  • 3.1.1. Market Drivers
    • 3.1.1.1. Increasing demand for clean energy
    • 3.1.1.2. Rising adoption of propane in recreational vehicles for carbon footprint reduction
  • 3.1.2. Market Challenges
    • 3.1.2.1. Availability of substitutes such as bio-propane
    • 3.1.2.2. Harmful effects of propane at higher concentrations
  • 3.1.3. Market Opportunities
    • 3.1.3.1. Rise in autogas adoption
    • 3.1.3.2. Increase in government incentives and regulations

Chapter 4. Global Propane Market Industry Analysis

• 4.1. Porter's 5 Force Model
  • 4.1.1. Bargaining Power of Suppliers
  • 4.1.2. Bargaining Power of Buyers
  • 4.1.3. Threat of New Entrants
  • 4.1.4. Threat of Substitutes
  • 4.1.5. Competitive Rivalry
• 4.2. Porter's 5 Force Impact Analysis
• 4.3. PEST Analysis
  • 4.3.1. Political
  • 4.3.2. Economical
  • 4.3.3. Social
  • 4.3.4. Technological
  • 4.3.5. Environmental
  • 4.3.6. Legal
• 4.4. Top investment opportunity
• 4.5. Top winning strategies
• 4.6. COVID-19 Impact Analysis
• 4.7. Disruptive Trends
• 4.8. Industry Expert Perspective
• 4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Propane Market, by Type

• 5.1. Market Snapshot
• 5.2. Global Propane Market by Type, Performance - Potential Analysis
• 5.3. Global Propane Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
• 5.4. Propane Market, Sub Segment Analysis
  • 5.4.1. HD - 5
  • 5.4.2. HD - 10
  • 5.4.3. Commercial

Chapter 6. Global Propane Market, by Application

• 6.1. Market Snapshot
• 6.2. Global Propane Market by Application, Performance - Potential Analysis
• 6.3. Global Propane Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
• 6.4. Propane Market, Sub Segment Analysis
  • 6.4.1. Residential
  • 6.4.2. Commercial
  • 6.4.3. Industrial
  • 6.4.4. Others

Chapter 7. Global Propane Market, Regional Analysis

• 7.1. Top Leading Countries
• 7.2. Top Emerging Countries
• 7.3. Propane Market, Regional Market Snapshot
• 7.4. North America Propane Market
  • 7.4.1. U.S. Propane Market
    • 7.4.1.1. Type breakdown estimates & forecasts, 2020-2030
    • 7.4.1.2. Application breakdown estimates & forecasts, 2020-2030
  • 7.4.2. Canada Propane Market
• 7.5. Europe Propane Market Snapshot
  • 7.5.1. U.K. Propane Market
  • 7.5.2. Germany Propane Market
  • 7.5.3. France Propane Market
  • 7.5.4. Spain Propane Market
  • 7.5.5. Italy Propane Market
  • 7.5.6. Rest of Europe Propane Market
• 7.6. Asia-Pacific Propane Market Snapshot
  • 7.6.1. China Propane Market
  • 7.6.2. India Propane Market
  • 7.6.3. Japan Propane Market
  • 7.6.4. Australia Propane Market
  • 7.6.5. South Korea Propane Market
  • 7.6.6. Rest of Asia Pacific Propane Market
• 7.7. Latin America Propane Market Snapshot
  • 7.7.1. Brazil Propane Market
  • 7.7.2. Mexico Propane Market
• 7.8. Middle East & Africa Propane Market
  • 7.8.1. Saudi Arabia Propane Market
  • 7.8.2. South Africa Propane Market
  • 7.8.3. Rest of Middle East & Africa Propane Market

Chapter 8. Competitive Intelligence

• 8.1. Key Company SWOT Analysis
  • 8.1.1. Company 1
  • 8.1.2. Company 2
  • 8.1.3. Company 3
• 8.2. Top Market Strategies
• 8.3. Company Profiles
  • 8.3.1. BP Plc (U.K.)
    • 8.3.1.1. Key Information
    • 8.3.1.2. Overview
    • 8.3.1.3. Financial (Subject to Data Availability)
    • 8.3.1.4. Product Summary
    • 8.3.1.5. Recent Developments
  • 8.3.2. Chevron Corporation (U.S.)
  • 8.3.3. Royal Dutch Shell Plc (U.K.)
  • 8.3.4. Exxon Mobil Corporation (U.S.)
  • 8.3.5. ConocoPhillips (U.S)
  • 8.3.6. Reliance Industries Ltd. (India)
  • 8.3.7. PetroChina Company Limited (China)
  • 8.3.8. Sinopec (China)
  • 8.3.9. Total S A (France)
  • 8.3.10. Ferrellgas Partners L.P. (U.S.)

Chapter 9. Research Process

• 9.1. Research Process
  • 9.1.1. Data Mining
  • 9.1.2. Analysis
  • 9.1.3. Market Estimation
  • 9.1.4. Validation
  • 9.1.5. Publishing
• 9.2. Research Attributes
• 9.3. Research Assumption