Ecuador’s LPG industry has witnessed phenomenal growth in the past five years and is anticipated to grow at a CAGR of 6.46% during the forecast period. Ecuador is the second largest consumer of the overall LPG consumed in Latin America. In addition to its relatively strong demand from the residential households, the Ecuadorian government has been strongly promoting local automotive agencies to move towards a more environmentally friendly vehicle fleet and invest towards the development of Autogas in the country. This move is anticipated to strongly drive the nation’s LPG demand in the forecast period.
Under this subscription you would be able to access Ecuador 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 Ecuador 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.