Liquefied Petroleum Gas Market
The Liquefied Petroleum Gas (LPG) market is a global energy sector focused on a cleaner-burning alternative to traditional fossil fuels. Its primary customers span residential, commercial, industrial, and transportation sectors, with residential use for cooking and heating being a dominant segment. The market's growth is primarily driven by a global push to reduce greenhouse gas emissions, rising prices for conventional fuels, and supportive government directives promoting cleaner energy sources.
CAGR
4.6%
Compound Annual Growth Rate
Current Value
$130.7B
Estimated 2026
Projected Value
$187.4B
By 2034
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