Propane Market Size, Share, and Trends 2024 to 2034

The global propane market size accounted for USD 88.91 billion in 2024, grew to USD 92.56 billion in 2025 and is predicted to surpass around USD 132.88 billion by 2034, representing a healthy CAGR of 4.10% between 2024 and 2034.

  • Last Updated : November 2024
  • Report Code : 2365
  • Category : Chemical and Material

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Propane Market 

5.1. COVID-19 Landscape: Propane Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Propane Market, By End Use

8.1. Propane Market, by End Use, 2024-2034

8.1.1. Industrial

8.1.1.1. Market Revenue and Forecast (2021-2034)

8.1.2. Commercial

8.1.2.1. Market Revenue and Forecast (2021-2034)

8.1.3. Residential

8.1.3.1. Market Revenue and Forecast (2021-2034)

8.1.4. Transportation

8.1.4.1. Market Revenue and Forecast (2021-2034)

8.1.5. Agriculture

8.1.5.1. Market Revenue and Forecast (2021-2034)

8.1.5. Chemicals and Refineries

8.1.5.1. Market Revenue and Forecast (2021-2034)

Chapter 9. Global Propane Market, By Grade

9.1. Propane Market, by Grade, 2024-2034

9.1.1. HD-5 Propane

9.1.1.1. Market Revenue and Forecast (2021-2034)

9.1.2. Others

9.1.2.1. Market Revenue and Forecast (2021-2034)

Chapter 10. Global Propane Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Forecast, by End Use (2021-2034)

10.1.2. Market Revenue and Forecast, by Grade (2021-2034)

10.1.3. U.S.

10.1.3.1. Market Revenue and Forecast, by End Use (2021-2034)

10.1.3.2. Market Revenue and Forecast, by Grade (2021-2034)

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Forecast, by End Use (2021-2034)

10.1.4.2. Market Revenue and Forecast, by Grade (2021-2034)

10.2. Europe

10.2.1. Market Revenue and Forecast, by End Use (2021-2034)

10.2.2. Market Revenue and Forecast, by Grade (2021-2034)

10.2.3. UK

10.2.3.1. Market Revenue and Forecast, by End Use (2021-2034)

10.2.3.2. Market Revenue and Forecast, by Grade (2021-2034)

10.2.4. Germany

10.2.4.1. Market Revenue and Forecast, by End Use (2021-2034)

10.2.4.2. Market Revenue and Forecast, by Grade (2021-2034)

10.2.5. France

10.2.5.1. Market Revenue and Forecast, by End Use (2021-2034)

10.2.5.2. Market Revenue and Forecast, by Grade (2021-2034)

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Forecast, by End Use (2021-2034)

10.2.6.2. Market Revenue and Forecast, by Grade (2021-2034)

10.3. APAC

10.3.1. Market Revenue and Forecast, by End Use (2021-2034)

10.3.2. Market Revenue and Forecast, by Grade (2021-2034)

10.3.3. India

10.3.3.1. Market Revenue and Forecast, by End Use (2021-2034)

10.3.3.2. Market Revenue and Forecast, by Grade (2021-2034)

10.3.4. China

10.3.4.1. Market Revenue and Forecast, by End Use (2021-2034)

10.3.4.2. Market Revenue and Forecast, by Grade (2021-2034)

10.3.5. Japan

10.3.5.1. Market Revenue and Forecast, by End Use (2021-2034)

10.3.5.2. Market Revenue and Forecast, by Grade (2021-2034)

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Forecast, by End Use (2021-2034)

10.3.6.2. Market Revenue and Forecast, by Grade (2021-2034)

10.4. MEA

10.4.1. Market Revenue and Forecast, by End Use (2021-2034)

10.4.2. Market Revenue and Forecast, by Grade (2021-2034)

10.4.3. GCC

10.4.3.1. Market Revenue and Forecast, by End Use (2021-2034)

10.4.3.2. Market Revenue and Forecast, by Grade (2021-2034)

10.4.4. North Africa

10.4.4.1. Market Revenue and Forecast, by End Use (2021-2034)

10.4.4.2. Market Revenue and Forecast, by Grade (2021-2034)

10.4.5. South Africa

10.4.5.1. Market Revenue and Forecast, by End Use (2021-2034)

10.4.5.2. Market Revenue and Forecast, by Grade (2021-2034)

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Forecast, by End Use (2021-2034)

10.4.6.2. Market Revenue and Forecast, by Grade (2021-2034)

10.5. Latin America

10.5.1. Market Revenue and Forecast, by End Use (2021-2034)

10.5.2. Market Revenue and Forecast, by Grade (2021-2034)

10.5.3. Brazil

10.5.3.1. Market Revenue and Forecast, by End Use (2021-2034)

10.5.3.2. Market Revenue and Forecast, by Grade (2021-2034)

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Forecast, by End Use (2021-2034)

10.5.4.2. Market Revenue and Forecast, by Grade (2021-2034)

Chapter 11. Company Profiles

11.1. BP plc

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. Chevron Corporation

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Royal Dutch Shell plc

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Anadarko Petroleum Corporation

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. ConocoPhillips

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. Reliance Industries Ltd.

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. PetroChina Company Limited

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. Sinopec

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. Evonik, Sika AG

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Total SA

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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