Maximize Market Research's latest report, " Global Propane Market Global Demand Analysis and Opportunity Outlook 2027", offers a comprehensive analysis of the market. It provides market segments by type and shape, as well as end-user industries and regions.
Propane Market was valued US$ XX Bn in 2018 and is expected to reach US$ XX Bn by 2027, at CAGR of 4.5 % during forecast period of 2019 to 2027.
Global Propane Market Overview
In terms of End-Use Outlook, the propane market is segmented into Industrial, Commercial, Residential, Transportation, Agriculture, Chemicals and Refineries. Industrial segment is expected to grow at XX% CAGR during the forecast period. Improvement of metal manufacturing sector, particularly in Middle Eastern and Asian economies, are key driver for the industrial use of propane during forecast period.
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Global Propane Market Major Market Players
• AmeriGas Propane, Inc.
• DCC Plc
• China Petroleum Chemical Corporation (SINOPEC)
• Saudi Arabian Oil Co.
• Air Liquide
• GAIL (India) Limited
• Indian Oil Corporation Ltd
• Propane, L.P.
• Lykins Energy Solutions
• Marsh L.P. Gas Co. Inc.
• Sparlings, and ThompsonGas
• Exxon Mobil Corporation
• Reliance Industries Limited
• Total SA
• Royal Dutch Shell
The Market Impact of COVID-19
The COVID-19 epidemic has quickly spreaded since its inception in Wuhan (China), in December 2019.
All around the globe. As of March 2020, the US and China were the most affected. The COVID-19 crisis has had a significant impact on many countries, resulting in travel bans or lockdowns. Industries. This outbreak has severely affected the global food and beverage industries.
This includes office closures, cancellations of technology events, and supply chain disruptions. China is the world's largest manufacturing country and has the largest number of raw material suppliers. COVID-19 has an adverse effect on overall production because it closes factories and creates supply chain challenges. Market growth.
Segmentation of Global Propane Market by Types and Applications:
Propane Market, by End-Use Outlook
• Chemicals and Refineries
Propane Market, by Region
• Asia Pacific
• North America
• Latin America
• Middle East Africa
The report has covered the market size by country (regions) for the global Propane market. Segment by Application. The Propane Market is divided into the North America Europe, ASIA Pacific, Middle East Africa. The report also includes market size estimates by region. 2019-2027 Forecasts and market size for each type and segment are included. Sales and revenue are included for the period 2019-2027.
Analysis of the Propane Market Share and Competitive Landscape:
This report provides a detailed analysis of the Global Propane Market for all stakeholders. . It also contains historical and forecasted market size information. Trends are also included in the report. The report is simple and simplifies complicated data using simple language. This report includes information on all aspects of the industry, as well as key players like market leaders, followers and new entrants. The report includes a PORTER, SVOR and a PESTEL analysis. The report also analyzes the potential market impact of microeconomic variables. This report examines both internal and external factors that can have a positive or negative effect on the business. This report will provide a clear view of the industry for decision-makers.
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