Liquefied Petroleum Gas Industry

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Liquefied Petroleum Gas Industry
Liquefied Petroleum Gas Industry Analysis, Size,
Share, Growth, Trends and Forecast 2014 - 2020
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Liquefied Petroleum Gas Industry
The growing demand for cleaner fuel sources,
energy-efficiency, and lower carbon emissions are
significant factors driving the growth of the
global liquefied petroleum gas Industry.
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Liquefied Petroleum Gas Industry

• The residential/commercial application of LPG is
  estimated to grow at the fastest CAGR of 3.6
  during the forecast period of 2014 to 2019, which
  is simultaneously followed by the auto gas
  segment.
• Top market players who have established strong
  bases in the global liquefied petroleum gas
  industry are
• Royal Dutch Shell plc (Netherlands)
• Phillips 66 (U.K.)
• Petronas (Malaysia)

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Liquefied Petroleum Gas Industry
In recent years, high growth has been observed in
the liquefied petroleum gas industry due to the
ease of its use. Browse through the market data
tables, figures and detailed ToC on the
Liquefied Petroleum Gas Industry.
http//www.micromarketmonitor.com/market-report/
liquid-petroleum-gas-reports-5046983367.html
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Liquefied Petroleum Gas Industry
Liquefied Petroleum Gas (LPG) market comprises a
mixture of propane (28), butane, and Isobutane
(70), and some heavier hydrocarbons having more
than four carbon atoms in them. The largest
share of Liquefied Petroleum Gas is produced from
crude oil refining. Other sources of LPG
production are non-associated gas and associated
gas processing.
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Liquefied Petroleum Gas Industry
The geographical analysis of the global LPG
market has been on the basis of the major
regions, such as North America, Eurasia,
Asia-Pacific, Middle East Africa, and Latin
America.
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Liquefied Petroleum Gas Industry
The major applications of LPG discussed in the
report are residential/commercial, chemical,
industrial, and auto gas, among others.
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Liquefied Petroleum Gas Industry
On the other hand, factors such as high cost of
LPG distribution, potential risk of explosion,
and inconsistent LPG prices may restrict the
market growth in the coming years. However, the
increasing governmental promotions for the use of
LPG offers new growth opportunities for LPG
market players. Ask for discount at
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67-ask_for_discount.html
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Liquefied Petroleum Gas Industry
The LPG sector is continuously growing and
Liquefied Petroleum Gas providers are
strategically positioned to take advantage of
increasing gas demand from the developing world.
Liquefied Petroleum Gas finds the maximum
application in the residential commercial
sector. Liquefied Petroleum Gas is a clean
burning, non-poisonous, dependable, and
high-performance fuel stored and transported in
containers as a liquid, but is generally drawn
out and used as gas.
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Liquefied Petroleum Gas Industry
The LPG market in the Asia-Pacific region is
primarily driven by factors including large
population base, energy efficiency, and
environmental concerns. New product launches,
partnerships, agreements, collaborations, and
joint ventures are among the major strategies
adopted by most market players to sustain their
market positions in the global liquefied
petroleum gas industry.
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Liquefied Petroleum Gas Industry
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