1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Oil and Gas
  5. > Refined Products Market Trends

North America Liquefied Petroleum Gas Market by Sources, by Application, by Countries - Regional Trends & Forecast to 2019

  • February 2015
  • 63 pages
  • Micro Market Monitor
Report ID: 2827262

Summary

Table of Contents

Search Inside

The North America liquefied petroleum gas market is estimated to grow at a CAGR of 3.0% from 2014 to 2019. Mature markets such as the U.S. holds large shares in the North American liquefied petroleum gas market, while Canada is expected to grow at the highest CAGR of 3.5% in the forecast period. The growth of the liquefied petroleum gas market is driven by factors such as lower carbon emissions, energy-efficiency, government promotion for use of LPG, and ease of use. However, factors such as discovery of shale gas, growth in the required infrastructure to distribute natural gas, and inconsistent LPG prices restrain the growth of this market.

Refineries, non-associated, and associated are the sources of LPG that have been included in the North American LPG market. In terms of application, the North America liquefied petroleum gas market has been broadly classified into residential/commercial, chemical, industrial, auto gas, and others applications of LPG. The countries taken into consideration are the U.S. and Canada.

The residential/ commercial application is expected to account for the maximum share of the North American region. However, the auto gas application of LPG is estimated to grow at the highest CAGR from 2014 to 2019.

The North America liquefied petroleum gas market is a competitive market with the presence of a number of market players. The North America LPG market is mainly dominated by privately owned companies such as Exxon Mobil, BP Plc, Petron Corporation, Chevron, and ConocoPhillips. Apart from these, the global oil and gas giants such as Royal Dutch Shell and Saudi Aramco operate through a joint venture in the North America LPG market with a considerable market share. New product launches and partnerships, agreements, collaborations, and joint ventures are the major strategies adopted by most market players to boost the market growth.


Reasons to Buy the Report:

From an insight perspective, this research report has focused on various levels of analysis—industry analysis (industry trends and PEST analysis), market share analysis of top players, supply chain analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging- and high-growth segments of the liquefied petroleum gas market, high-growth regions and countries and their respective regulatory policies, government initiatives, drivers, restraints, and opportunities.

The report offers details on both the established firms as well as new entrants/smaller firms, in order to gauge the pulse of the market, which in turn will provide useful insights, including the market share. Firms that purchase the report could use any one or a combination of five strategies that include market penetration, product development/innovation, market development, market diversification, and competitive assessment to strengthen their market share.

The report provides insights on the following pointers:

- Market Penetration: Comprehensive information on liquefied petroleum gas offered by top players in the liquefied petroleum gas market

- Product Development/Innovation: Detailed insights on the upcoming technologies, research and development activities, and new product launches in the liquefied petroleum gas market

- Market Development: Comprehensive information of the lucrative emerging markets. The report analyzes the markets for various liquefied petroleum gas across geographies

- Market Diversification: Exhaustive information of new products, untapped geographies, recent developments, and investments in the liquefied petroleum gas market

- Competitive Assessment: In-depth assessment of the market shares, strategies, products, and manufacturing capabilities of leading players in the liquefied petroleum gas market

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Ahmad helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

India LPG Market by 2030 - Evaluating Demand Outlook & Emerging Business Opportunities

  • $ 2360
  • Industry report
  • August 2017
  • by Infra Insights

India becomes 2nd largest LPG importer globally Indian LPG imports have been registering some remarkable trends in the last 10 years. The growth trends over the last 10 years, 5 years and 1 year are: 17% ...

The Kenyan Petroleum Industry 2017

  • $ 1680
  • Industry report
  • July 2017
  • by Who Owns Whom

The Kenyan Petroleum Industry: The Kenyan petroleum industry contributed an estimated 2.8% to GDP in 2016 with net domestic sales of petroleum products increasing by 6.5% to 5,044.2 thousand tonnes. Currently ...

India Crude Oil Refinery Outlook to 2022

  • $ 1500
  • Industry report
  • July 2017
  • by GlobalData

India Crude Oil Refinery Outlook to 2022 Summary "India Crude Oil Refinery Outlook to 2022", is a comprehensive report on crude oil refinery industry in India. The report also provides details on oil refineries ...

Energy Consumption In India

June 2017 $ 350

ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.