Summary
As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.
Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the 'epicenter' of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
In the second quarter of this year, US GDP shrank by 9.5% on a month on month basis, or 32.9% at an annual rate, the largest decline since the 1940s. Data show that the sharp decline in personal consumption is the main drag on the U.S. GDP growth in the second quarter.
Compared with the United States, Europe's economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany's GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China's economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales.Prudent Markets published a report for global Liquefied Petroleum Gas (LPG) market in this environment.
In terms of revenue, this research report indicated that the global Liquefied Petroleum Gas (LPG) market was valued at USD XXX million in 2020, and it is expected to reach a value of USD XXX million by 2027, at a CAGR of XX % over the forecast period 2021-2027. Correspondingly, the forecast analysis of Liquefied Petroleum Gas (LPG) industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The Saudi Aramco(SA) aims at producing XX K Units Liquefied Petroleum Gas (LPG) in 2020, with XX % production to take place in global market, ADNOC(AE) accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2026-2027) of Liquefied Petroleum Gas (LPG) Market byPrudent Markets Include
China
EU
USA
Japan
India
Southeast Asia
South America
Competitive Analysis; Who are the Major Players in Liquefied Petroleum Gas (LPG) Market
Saudi Aramco(SA)
ADNOC(AE)
ADGAS(AE)
BP(UK)
KNPC(KW)
Gazprom(RU)
Shell(NL)
Exxon Mobil(US)
Phillips66(US)
Valero Energy(US)
NIOPDC(IR)
ConocoPhillips Company(US)
Total(FR)
Statoil(NO)
PDVSA(VE)
Sinopec(CN)
CNPC(CN)
Chevron(US)
Qatar Petroleum(QA)
Oman Oil Company(OM)
Antargaz(FR)
Petrobras(BR)
Pemex(MX)
Primagaz(FR)
SHV Energy(NL)
CNOOC(CN)
...
Major Type of Liquefied Petroleum Gas (LPG) Covered inPrudent Markets report:
Refinement gas
Associated gas
Non-Associated Gas
Application Segments Covered inPrudent Markets Market
Civil
Industrial
Other
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Liquefied Petroleum Gas (LPG) Market Analysis 2021, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 Refinement gas -Product Introduction and Major Manufacturers
1.1.2 Associated gas -Product Introduction and Major Manufacturers
1.1.3 Non-Associated Gas -Product Introduction and Major Manufacturers
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Six-Year Compound Annual Growth Rate (CAGR)
2 Global Liquefied Petroleum Gas (LPG) Market Assessment, by Segmentation
2.1 Type Breakdown Estimates & Forecast, Sales Volume (2026-2027)
2.2 Type Breakdown Estimates & Forecast, Sales Value (2026-2027)
2.3 Application Breakdown Estimates & Forecast, by Application (2026-2027)
3 Regional Market Analysis
3.1 China Liquefied Petroleum Gas (LPG) Market
3.1.1 Top Companies leading Liquefied Petroleum Gas (LPG) Development in China (2016-2021)
3.1.2 Sales Value of Major Company in China Market (2016-2021)
3.1.3 China Liquefied Petroleum Gas (LPG) Price (USD/Unit), by Type (2019-2020)
3.1.4 Sales in China Market, by Type (2026-2027)
3.2 EU Liquefied Petroleum Gas (LPG) Market
3.2.1 Top Companies leading Liquefied Petroleum Gas (LPG) Development in EU (2016-2021)
3.2.2 Sales Value of Major Company in EU Market (2016-2021)
3.2.3 EU Liquefied Petroleum Gas (LPG) Price (USD/Unit), by Type (2019-2020)
3.2.4 Sales in EU Market, by Type (2026-2027)
3.3 USA Liquefied Petroleum Gas (LPG) Market
3.3.1 Top Companies leading Liquefied Petroleum Gas (LPG) Development in USA (2016-2021)
3.3.2 Sales Value of Major Company in USA Market (2016-2021)
3.3.3 USA Liquefied Petroleum Gas (LPG) Price (USD/Unit), by Type (2019-2020)
3.3.4 Sales in USA Market, by Type (2026-2027)
3.4 Japan Liquefied Petroleum Gas (LPG) Market
3.4.1 Top Companies leading Liquefied Petroleum Gas (LPG) Development in Japan (2016-2021)
3.4.2 Sales Value of Major Company in Japan Market (2016-2021)
3.4.3 Japan Liquefied Petroleum Gas (LPG) Price (USD/Unit), by Type (2019-2020)
3.4.4 Sales in Japan Market, by Type (2026-2027)
3.5 India Liquefied Petroleum Gas (LPG) Market
3.5.1 Top Companies leading Liquefied Petroleum Gas (LPG) Development in India (2016-2021)
3.5.2 Sales Value of Major Company in India Market (2016-2021)
3.5.3 India Liquefied Petroleum Gas (LPG) Price (USD/Unit), by Type (2019-2020)
3.5.4 Sales in India Market, by Type (2026-2027)
3.6 Southeast Asia Liquefied Petroleum Gas (LPG) Market
3.6.1 Top Companies leading Liquefied Petroleum Gas (LPG) Development in Southeast Asia (2016-2021)
3.6.2 Sales Value of Major Company in Southeast Asia Market (2016-2021)
3.6.3 Southeast Asia Liquefied Petroleum Gas (LPG) Price (USD/Unit), by Type (2019-2020)
3.6.4 Sales in Southeast Asia Market, by Type (2026-2027)
3.7 South America Liquefied Petroleum Gas (LPG) Market
3.7.1 Top Companies leading Liquefied Petroleum Gas (LPG) Development in South America (2016-2021)
3.7.2 Sales Value of Major Company in South America Market (2016-2021)
3.7.3 South America Liquefied Petroleum Gas (LPG) Price (USD/Unit), by Type (2019-2020)
3.7.4 Sales in South America Market, by Type (2026-2027)
4 Value Chain (Impact of COVID-19)
4.1 Liquefied Petroleum Gas (LPG) Value Chain Analysis
4.1.1 Upstream
4.1.2 Downstream
4.2 COVID-19 Impact on Liquefied Petroleum Gas (LPG) Industry
4.2.1 Industrial Policy Issued Under the Epidemic Situation
4.3 Cost-Under the Epidemic Situation
4.3.1 Cost of Raw Material
4.4 Channel Analysis
4.4.1 Distribution Channel-Under the Epidemic Situation
4.4.2 Distributors
5 Regional Market Forecast (2021-2027)
5.1 Global Liquefied Petroleum Gas (LPG) Sales and Growth Rate (2021-2027)
5.2 Global Liquefied Petroleum Gas (LPG) Sales Value and Growth Rate (2021-2027)
6 Liquefied Petroleum Gas (LPG) Competitive Analysis
6.1 Saudi Aramco(SA)
6.1.1 Saudi Aramco(SA) Company Profiles
6.1.2 Saudi Aramco(SA) Product Introduction
6.1.3 Saudi Aramco(SA) Liquefied Petroleum Gas (LPG) Production, Revenue (2016-2021)
6.1.4 SWOT Analysis
6.2 ADNOC(AE)
6.2.1 ADNOC(AE) Company Profiles
6.2.2 ADNOC(AE) Product Introduction
6.2.3 ADNOC(AE) Liquefied Petroleum Gas (LPG) Production, Revenue (2016-2021)
6.2.4 SWOT Analysis
6.3 ADGAS(AE)
6.3.1 ADGAS(AE) Company Profiles
6.3.2 ADGAS(AE) Product Introduction
6.3.3 ADGAS(AE) Liquefied Petroleum Gas (LPG) Production, Revenue (2016-2021)
6.3.4 SWOT Analysis
6.4 BP(UK)
6.4.1 BP(UK) Company Profiles
6.4.2 BP(UK) Product Introduction
6.4.3 BP(UK) Liquefied Petroleum Gas (LPG) Production, Revenue (2016-2021)
6.4.4 SWOT Analysis
6.5 KNPC(KW)
6.5.1 KNPC(KW) Company Profiles
6.5.2 KNPC(KW) Product Introduction
6.5.3 KNPC(KW) Liquefied Petroleum Gas (LPG) Production, Revenue (2016-2021)
6.5.4 SWOT Analysis
6.6 Gazprom(RU)
6.6.1 Gazprom(RU) Company Profiles
6.6.2 Gazprom(RU) Product Introduction
6.6.3 Gazprom(RU) Liquefied Petroleum Gas (LPG) Production, Revenue (2016-2021)
6.6.4 SWOT Analysis
6.7 Shell(NL)
6.7.1 Shell(NL) Company Profiles
6.7.2 Shell(NL) Product Introduction
6.7.3 Shell(NL) Liquefied Petroleum Gas (LPG) Production, Revenue (2016-2021)
6.7.4 SWOT Analysis
6.8 Exxon Mobil(US)
6.8.1 Exxon Mobil(US) Company Profiles
6.8.2 Exxon Mobil(US) Product Introduction
6.8.3 Exxon Mobil(US) Liquefied Petroleum Gas (LPG) Production, Revenue (2016-2021)
6.8.4 SWOT Analysis
6.9 Phillips66(US)
6.9.1 Phillips66(US) Company Profiles
6.9.2 Phillips66(US) Product Introduction
6.9.3 Phillips66(US) Liquefied Petroleum Gas (LPG) Production, Revenue (2016-2021)
6.9.4 SWOT Analysis
6.10 Valero Energy(US)
6.10.1 Valero Energy(US) Company Profiles
6.10.2 Valero Energy(US) Product Introduction
6.10.3 Valero Energy(US) Liquefied Petroleum Gas (LPG) Production, Revenue (2016-2021)
6.10.4 SWOT Analysis
6.11 NIOPDC(IR)
6.12 ConocoPhillips Company(US)
6.13 Total(FR)
6.14 Statoil(NO)
6.15 PDVSA(VE)
6.16 Sinopec(CN)
6.17 CNPC(CN)
6.18 Chevron(US)
6.19 Qatar Petroleum(QA)
6.20 Oman Oil Company(OM)
6.21 Antargaz(FR)
6.22 Petrobras(BR)
6.23 Pemex(MX)
6.24 Primagaz(FR)
6.25 SHV Energy(NL)
6.26 CNOOC(CN)
7 Conclusion