China is one of the world’s largest consumer of global LPG. Government’s increased incentivization, start-up subsidies, and distribution licenses to promote increased consumption and usage of LPG fuels especially in the transport sector would accelerate the market growth in the forecast period. China’s LPG industry has shown moderate growth in the past five years and is anticipated to grow nearly at a CAGR of 5.23% during the forecast period. Northern and eastern coastal regions of China typically have relatively high LPG penetration due to growing demand from transport and nascent petchem sectors.
Under this subscription you would be able to access China 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 China 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.