1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Oil and Gas
  5. > Refined Products Market Trends
Propane Market by Application - Global Industry Analysis, Size, Share, Growth Trends and Forecast 2014 - 2022

Propane Market by Application - Global Industry Analysis, Size, Share, Growth Trends and Forecast 2014 - 2022

  • April 2015
  • 119 pages
  • ID: 3999995
  • Format: PDF
  • By Transparency Market Research

Summary

Table of Contents

The propane market report by Transparency Market Research provides in-depth analysis of the global propane industry. The report divides the market on the basis of application and geography. It also provides the forecast and estimates for each application and region. The report analyzes demand and supply characteristics of the market by providing detailed forecast and analysis of revenue for the period 2014–2022.

The propane market primarily includes six types of applications: residential, commercial, agricultural, industrial, transportation, and chemical & refinery. Stringent environment regulations and growing petrochemical industry are expected to be the major growth drivers for the propane market. Propane ranks as the fourth important source of energy for the residential segment. As an energy source, propane competes with electricity, natural gas and fuel oil on the parameters such as profitability, price and availability. In certain geographic areas, propane is comparatively cheap as compared to electricity. The residential segment was the largest consumer of propane globally, accounting for 32.57% of the global share in 2013. The share of the residential segment is expected to reach 30.47% by 2022. Propane is used in residential applications as a substitute fuel owing to low carbon emissions and safety. Propane-powered home appliances deliver high efficiency output and value compared to other energy sources. Chemical & refinery sector was the second-largest consumer of propane globally, accounting for 25.74% of the global share in 2013. The segment’s share is expected to reach 29.77% by 2022.

Asia Pacific, with growing population and booming transportation sector, is expected to dominate the market in the next few years. As infrastructure development and manufacturing activities in the region are increasing, the demand for propane is also expected to grow at constant rates throughout the forecast period. Both the chemical processing and petrochemical industries are likely to exhibit significant growth in demand for propane in the near future. Fuel competition in nations, which subsidize kerosene, hampers the demand for propane. Natural gas producing regions often sell natural gas at prices that are significantly lower than domestic propane prices, which hampers propane demand. Oversupply, undersupply and higher prices due to cold weather affect propane demand for limited periods. The U.S., Mexico and Canada favor adoption of propane in the transportation sector. Substantial growth in the industrial sector is fueling the transportation industry. This, in turn, is likely to boost the growth of the propane market in the next four to five years. Introduction of several emission norms have helped the propane market grow substantially in the recent years. Propane prices have decreased since the past few years and demand for propane from the petrochemical industry has increased substantially. Plans to build propane to propylene petrochemical facilities in various countries including China offer wide opportunities for the propane market during the forecast period. Increasing applications in petrochemical plants have accelerated the overall market growth of propane in the past few years.

The report includes geographical regions such as North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. Every region has been further bifurcated on the basis of the application segments. Revenue forecasts and estimates for each product segment have been provided for the period 2014–2022.

The report also provides detailed analysis and revenue of companies such as Ferrellgas Partners, L.P., Lykins Energy Solutions, Marsh LP Gas Company Inc., Suburban Propane Partners, L.P., ThompsonGas and Sparlingss Propane Co. Ltd.

With the help of Porter’s Five Forces model, the report provides a detailed analysis of the various factors influencing the propane market. The analysis also helps understand the degree of competition prevalent in the market. Furthermore, the report analyzes the value chain and the various drivers and restraints of the global propane market.

Global Propane Market: Application Analysis
Residential
Commercial
Industrial
Agricultural
Chemical & Refinery
Transportation
Global Propane Market: Regional Analysis
North America
U.S.
Canada
Mexico
Europe
Germany
Turkey
Spain
U.K.
Rest of Europe
Asia Pacific
China
India
Japan
Rest of Asia Pacific
Middle East and Africa (MEA)
Saudi Arabia
Angola
Iran
Rest of Middle East and Africa
Latin America
Brazil
Rest of Latin America

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
15% Off

($5795)

  • 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

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Refining Industry Outlook in Asia and Oceania to 2023 - Capacity and Capital Expenditure Outlook with Details of All Operating and Planned Refineries

Refining Industry Outlook in Asia and Oceania to 2023 - Capacity and Capital Expenditure Outlook with Details of All Operating and Planned Refineries

  • $ 5000
  • September 2019

Refining Industry Outlook in Asia and Oceania to 2023 - Capacity and Capital Expenditure Outlook with Details of All Operating and Planned RefineriesSummaryRefining Industry Outlook in Asia and Oceania ...

Global Market Study on Bitumen: Growth of Infrastructure Projects - Key Influencer

Global Market Study on Bitumen: Growth of Infrastructure Projects - Key Influencer

  • $ 4900
  • September 2019

The market report on the bitumen market includes global industry analysis 2014-2018 and forecast 2019-2029.The prime purpose of this report is to give a detailed breakdown and insights pertinent to the ...

Asia Liquefied Petroleum Gas Market, By Source, By Application, By LPG Composition, By Country, Competition, Forecast & Opportunities, 2024

Asia Liquefied Petroleum Gas Market, By Source, By Application, By LPG Composition, By Country, Competition, Forecast & Opportunities, 2024

  • $ 3950
  • August 2019

Asia Liquefied Petroleum Gas (LPG) Market, By Source (Refinery; Non-Associated Gases & Associated Gases), By Application (Residential/Consumer-use; Transport/Auto-fuel; Petrochemical & Refinery; Powe ...


ref:plp2015

Reportlinker.com © Copyright 2019. All rights reserved.

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

Make sure you don’t miss any news and follow us on