The demand for LPG in Asia Pacific reached 18.2 million tonnes per annum in FY19 and is anticipated to grow at around CAGR of 7.6% during the forecast period. Demand for LPG in Asia Pacific is likely to grow remarkably in the forecast period driven by continuously rising populations, disposable incomes and levels of urbanization across the region. Asian LPG demand has grown remarkably in the past few years for electricity generation, residential heating and cooking, transport and commercial applications. Moreover, growing focus of the economies towards usage of cleaner fuels for household cooking that pollute less and are less carbon-intensive would boost the demand for LPG in the forecast period.
Under this subscription you would be able to access Asia Pacific LPG market demand and supply analysis on a cloud-based platform for one year. The data is updated on near real time basis to add any new movement in the industry including but not limited to new plant announcement, plant shutdowns, temporary disruptions in demand or supply, news and deals and much more specific to LPG.
Years Considered for Analysis:
Historical Years: 2015 – 2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021 – 2030
To extract data for Asia Pacific LPG market, ChemAnalyst team conducts primary research surveys with LPG manufacturers, suppliers, distributors, wholesalers and customers followed by exhaustive secondary research to cross validate the information being collected through primary research surveys.