Liquefied Petroleum Gas Market – Global Market Size, Strategic Growth Drivers, Risk Assessment Framework, Regulatory Landscape Review, Competitive Intensity Mapping & Long-Term Industry Outlook to 2032

6.7%
CAGR (2025-2032)
160.3 USD Bn.
Market Size
324
Report Pages
147
Market Tables

Overview

Liquefied Petroleum Gas Market size was valued at USD 160.3 Billion in 2024 and the total Global Liquefied Petroleum Gas Market revenue is expected to grow at a CAGR of 6.7% from 2025 to 2032, reaching nearly USD 269.3 Billion.

Liquefied Petroleum Gas Market Overview

Liquefied Petroleum Gas (LPG) is a flammable hydrocarbon gas mixture primarily composed of propane and butane, stored in liquid form under pressure. It is widely used as fuel for heating, cooking, and vehicles.

Global Liquefied Petroleum Gas Market has been showing significant growth inspired by the increasing demand for clean, efficient and accessible energy sources in residential, commercial and industrial areas in the global liquefied petroleum gas (LPG) market. Expanding urban population, government subsidy for clean cooking fuel and increasing awareness of environmental stability. LPG's versatility in cooking, heating and motor vehicle applications further strengthens its global demand. North America is a major region led by countries like United States and Mexico, where a large-scale rural LPG distribution program and infrastructure development is going on. Residential segment holds the largest market share in 2024 due to broader domestic adoption. Emerging in BIOLPG development, digital distribution models and border trading participation. Prominent players such as ExxonMobil, Chevron, DCP Midstream, Reliance Industries, SHV Energy, and Saudi Aramco are focusing on infrastructure expansion stability innovations and strategic alliances to strengthen their market status and meet global energy.Liquefied Petroleum Gas MarketTo know about the Research Methodology:- Request Free Sample Report

Liquefied Petroleum Gas Market Dynamics:

Supply Constraints and Rising Demand to Drive the Liquefied Petroleum Gas Market

In the third quarter of 2024, region markets experienced an exponential rise in LPG prices, owing to increased demand from downstream sectors and upstream price instability. The aggressive attempts by several governments in the region to minimize extreme energy use and carbon emissions encouraged petrochemical producers to use LPG as a feedstock to modify run rates, pushing LPG demand higher. Liquefied Petroleum Gas prices have risen as a result of limited supplies and increased demand. For instance, in India, positive revisions in LPG prices by SABIC in the last week of all three months in this time frame further boosted its prices in the region, as India imports a large portion of the LPG gas. During this time, EX-Depot Mumbai prices raised from USD 630.37/MT to USD 883.72/MT.

The demand for LPG in Europe was primarily concentrated among domestic consumers, as increased demand from industrial and household applications, along with electricity generation applications, has boosted overall LPG use.

Adoption of LPG Across Sectors Driven by Population Growth to Boost Liquefied Petroleum Gas Market Opportunities

LPG has emerged as prominence in the commercial and residential sectors as a viable alternative to traditional fuel sources such as wood and coal for heating and cooking. When compared to other fuels such as wood and coal, it might be attributed to numerous advantages such as easy accessibility, non-toxic, clean, convenient, portable, and cost-effectiveness. The rise in population in regions such as Africa, Asia Pacific, and Central and South America is expected to fuel demand during the forecast period, as individuals in those regions use LPG as cooking fuel. For instance, in India, liquefied petroleum gas is used for approximately 60% to 75% of domestic tasks, such as heating and cooking.

The growing infrastructural improvements across the globe are primarily driving the liquified petroleum gas market growth. The growing environmental awareness among the public regarding the advantages of using LPG as a viable alternative to fossil fuels is boosting the LPG market growth. In accordance with this, market growth is being fueled by strong growth in the automobile industry. LPG is commonly used as an autogas, and it is a clean and efficient energy source with low carbon emissions. It is stored in pressurized cylindrical canisters, for usage in agricultural, hospitality, construction, and sailing purposes.

The advancements and penetration of new technology in natural gas extraction and refining technology are boosting the market growth. In addition, several government programs to promote the use of LPG in place of coal, wood, and kerosene for household cooking, along with rising urbanization, particularly in developing countries, such as India and China are expected to uplift the LPG market growth during the forecast period.

Liquefied Petroleum Gas Market Segment Analysis:

Based on the Source, the Liquefied Petroleum Gas Market is segmented into Refinery, Associated Gas, and Non - Associated Gas. The Non - Associated Gas segment held the largest market share, accounting for 54.61% in 2024. The segment growth is attributed to increased production of liquefied petroleum gas from the non-associated gas source, which is extracted from natural gas wells. The growing shale gas production along with increasing gas processing plants in the US has resulted in growth in the LPG market.

Based on the Application, the Liquefied Petroleum Gas Market is segmented into Residential, Commercial, Refinery and Petrochemical, Transportation, and Others. The Residential segment held the largest market share, accounting for 40.13% in 2024. Residential applications such as space and water heating, cooking, and power production are driving up demand for liquefied petroleum gas. It offers a wide range of advantages like cost-effectiveness, energy efficiency, and environmental friendliness, which in turn are expected to fuel the LPG market growth during the forecast period.

Liquefied Petroleum Gas Market Regional Insights:

North America region held the largest market share accounted for 43.2% in 2024. North America produced more than 300 million metric tonnes of natural gas-derived NGLs and 17 million metric tonnes of LPG from crude oil refineries, accounting for a major portion of global LPG production. The United States and Canada are the region's primary producers and exporters. The majority of North America's total NGL production goes into the manufacturing of LPG. In addition, the contribution of crude oil refineries in the United States, Canada, and Mexico to LPG production makes the region one of the leading producers of LPG.Liquefied Petroleum Gas Market1

Liquefied Petroleum Gas Market Competitive Landscape

Major key players in Liquefied Petroleum Gas Market are ExxonMobil Corporation, Chevron Corporation, DCP Midstream LP from backbone of the liquefied petroleum gas market. ExxonMobil Corporation maintains a strong foothold through its integrated value chain and large-scale refining and petrochemical operations. Chevron Corporation leverages its extensive upstream and downstream infrastructure to confirm consistent LPG supply worldwide, especially in North America as well as Asia-Pacific. DCP Midstream LP leading midstream service provider, focuses on natural gas liquids (NGL) logistics offering efficient gathering processing, and transportation of LPG across the U.S. These companies are investing in technology and partnerships to meet growing environmental standards and cater to the growing demand for cleaner-burning fuels. The competition strengthens with regional suppliers and emerging players adopting digital tools optimizing distribution and exploring bio-LPG and renewable alternatives to gain market share.

Liquefied Petroleum Gas Market Trends

Trends Description
Rising Residential Demand Increasing use of LPG in households for cooking and heating, especially in Asia.
Smart Cylinder Technology Integration of IoT in cylinders for tracking usage and improving safety.
Infrastructure Expansion Investments in storage, bottling plants, and transportation networks.

Liquefied Petroleum Gas Market Key Development

• In 12 February 2025 ExxonMobil Corporation (North America) Expanded its LPG export terminal in Texas to boost shipment capacity toward high-demand Asian markets, enhancing global supply chain efficiency.
• In 5 December 2024 DCP Midstream LP (North America) Invested in infrastructure upgrades at its Colorado facility to improve propane and butane separation efficiency and support growing regional demand.
• In 18 June 2024 TotalEnergies (Europe) Partnered with a renewable gas company to co-develop green LPG solutions, aiming to commercialize sustainable alternatives by 2027 in line with EU decarbonization goals.
• In 9 September 2024 SHV Energy (Europe) Acquired a Netherlands-based bioLPG startup to strengthen its sustainable energy portfolio and accelerate the transition toward low-carbon LPG solutions.
• In 21 October 2024 Reliance Industries Ltd. (Asia-Pacific) Introduced a digital LPG distribution model featuring online booking and AI-driven delivery tracking to enhance customer convenience and operational efficiency.

Liquefied Petroleum Gas Market Scope: Inquire before buying

Liquefied Petroleum Gas Market
Report Coverage Details
Base Year: 2024 Forecast Period: 2025-2032
Historical Data: 2019 to 2024 Market Size in 2024: USD 160.3 Bn.
Forecast Period 2025 to 2032 CAGR: 6.7% Market Size in 2032: USD 269.3 Bn.
Segments Covered: by Source Refinery
Associated Gas
Non - Associated Gas
by Application Residential
Commercial
Refinery and Petrochemical
Transportation
Others

Liquefied Petroleum Gas Market by Region

North America (United States, Canada, and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, and the Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Philippines, Malaysia, Vietnam, Thailand and Rest of APAC)
Middle East & Africa (South Africa, GCC, Nigeria, Rest of ME&A)
South America (Brazil, Argentina, Columbia and Rest of South America)

Liquefied Petroleum Gas Market Key Players

North America

1. ExxonMobil Corporation (U.S.)
2. Chevron Corporation (U.S.)
3. DCP Midstream LP (U.S.)
4. Enterprise Products Partners L.P. (U.S.)
5. Targa Resources Corp. (U.S.)
6. Pembina Pipeline Corporation (Canada)

Europe

7. Royal Dutch Shell plc (Netherlands)
8. BP plc (U.K.)
9. Repsol S.A. (Spain)
10. TotalEnergies SE (France)
11. SHV Energy (Netherlands)
12. UGI International (U.K.)

Asia-Pacific

13. China Petroleum & Chemical Corp (Sinopec) (China)
14. China National Petroleum Corporation (CNPC) (China)
15. Indian Oil Corporation Ltd. (IOCL) (India)
16. Hindustan Petroleum Corporation Ltd. (HPCL) (India)
17. Petronas (Malaysia)
18. SK Gas Co., Ltd. (South Korea)
19. Origin Energy Ltd. (Australia)

Middle East & Africa

20. Abu Dhabi National Oil Company (ADNOC) (UAE)
21. Saudi Aramco (Saudi Arabia)
22. Oando PLC (Nigeria)

South America

23. YPF S.A. (Argentina)
24. Petrobras (Brazil)
25. Ultragaz (Ultrapar) (Brazil)

Frequently Asked Questions

Q1. What was the value of the global LPG market in 2024 and what is its expected value by 2032?
Ans. The LPG market was valued at USD 160.3 billion in 2024 and is expected to reach USD 269.3 billion by 2032.

Q2. Which segment held the largest share in the LPG market by application in 2024?
Ans. The Residential segment held the largest market share in 2024, accounting for 40.13%.

Q3. Which region dominated the LPG market in 2024?
Ans. North America was the leading region, holding 43.2% of the market share.

Q4. What technological trend is improving LPG safety and usage tracking?
Ans. The Smart Cylinder Technology, which integrates IoT for monitoring usage and ensuring safety.

Q5. Name one key development by a major LPG player in 2025.
Ans. On 12 February 2025, ExxonMobil expanded its LPG export terminal in Texas to enhance shipments to Asian markets.

Table of Contents

1. Liquefied Petroleum Gas Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Liquefied Petroleum Gas Market: Competitive Landscape 2.1. Ecosystem Analysis 2.2. MMR Competition Matrix 2.3. Competitive Landscape 2.4. Key Players Benchmarking 2.4.1. Company Name 2.4.2. Business Segment 2.4.3. Application Segment 2.4.4. Revenue (2024) 2.4.5. Company Locations 2.5. Market Structure 2.5.1. Market Leaders 2.5.2. Market Followers 2.5.3. Emerging Players 2.6. Mergers and Acquisitions Details 2.7. KANO Model Analysis 3. Global Liquefied Petroleum Gas Market: Dynamics 3.1. Region wise Trends of Liquefied Petroleum Gas Market 3.1.1. North America Liquefied Petroleum Gas Market Trends 3.1.2. Europe Liquefied Petroleum Gas Market Trends 3.1.3. Asia Pacific Liquefied Petroleum Gas Market Trends 3.1.4. Middle East and Africa Liquefied Petroleum Gas Market Trends 3.1.5. South America Liquefied Petroleum Gas Market Trends 3.2. Liquefied Petroleum Gas Market Dynamics 3.2.1. Global Liquefied Petroleum Gas Market Drivers 3.2.1.1. Rising energy demand 3.2.1.2. Clean fuel adoption 3.2.1.3. Urbanization growth 3.2.2. Global Liquefied Petroleum Gas Market Restraints 3.2.3. Global Liquefied Petroleum Gas Market Opportunities 3.2.3.1. Rural market expansion 3.2.3.2. Bio-LPG development 3.2.3.3. Smart cylinder technology 3.2.4. Global Liquefied Petroleum Gas Market Challenges 3.3. PORTER’s Five Forces Analysis 3.4. PESTLE Using Tree-Map Analysis 3.4.1. Government subsidies for LPG 3.4.2. Volatile crude oil prices 3.5. Regulatory Landscape by Region 3.5.1. North America 3.5.2. Europe 3.5.3. Asia Pacific 3.5.4. Middle East and Africa 3.5.5. South America 4. Liquefied Petroleum Gas Market: Global Market Size and Forecast by Segmentation (by Value in USD Billion) (2024-2032) 4.1. Liquefied Petroleum Gas Market Size and Forecast, By Source (2024-2032) 4.1.1. Refinery 4.1.2. Associated Gas 4.1.3. Non - Associated Gas 4.2. Liquefied Petroleum Gas Market Size and Forecast, By Application (2024-2032) 4.2.1. Residential 4.2.2. Commercial 4.2.3. Refinery and Petrochemical 4.2.4. Transportation 4.2.5. Others 4.3. Liquefied Petroleum Gas Market Size and Forecast, by Region (2024-2032) 4.3.1. North America 4.3.2. Europe 4.3.3. Asia Pacific 4.3.4. Middle East and Africa 4.3.5. South America 5. North America Liquefied Petroleum Gas Market Size and Forecast by Segmentation (by Value in USD Billion) (2024-2032) 5.1. North America Liquefied Petroleum Gas Market Size and Forecast, By Source (2024-2032) 5.1.1. Refinery 5.1.2. Associated Gas 5.1.3. Non - Associated Gas 5.2. North America Liquefied Petroleum Gas Market Size and Forecast, By Application (2024-2032) 5.2.1. Residential 5.2.2. Commercial 5.2.3. Refinery and Petrochemical 5.2.4. Transportation 5.2.5. Others 5.3. North America Liquefied Petroleum Gas Market Size and Forecast, by Country (2024-2032) 5.3.1. United States 5.3.1.1. United States Liquefied Petroleum Gas Market Size and Forecast, By Source (2024-2032) 5.3.1.1.1. Refinery 5.3.1.1.2. Associated Gas 5.3.1.1.3. Non - Associated Gas 5.3.1.2. United States Liquefied Petroleum Gas Market Size and Forecast, By Application (2024-2032) 5.3.1.2.1. Residential 5.3.1.2.2. Commercial 5.3.1.2.3. Refinery and Petrochemical 5.3.1.2.4. Transportation 5.3.1.2.5. Others 5.3.2. Canada 5.3.2.1. Canada Liquefied Petroleum Gas Market Size and Forecast, By Source (2024-2032) 5.3.2.1.1. Refinery 5.3.2.1.2. Associated Gas 5.3.2.1.3. Non - Associated Gas 5.3.2.2. Canada Liquefied Petroleum Gas Market Size and Forecast, By Application (2024-2032) 5.3.2.2.1. Residential 5.3.2.2.2. Commercial 5.3.2.2.3. Refinery and Petrochemical 5.3.2.2.4. Transportation 5.3.2.2.5. Others 5.3.2.3. Mexico Liquefied Petroleum Gas Market Size and Forecast, By Source (2024-2032) 5.3.2.3.1. Refinery 5.3.2.3.2. Associated Gas 5.3.2.3.3. Non - Associated Gas 5.3.2.4. Mexico Liquefied Petroleum Gas Market Size and Forecast, By Application (2024-2032) 5.3.2.4.1. Residential 5.3.2.4.2. Commercial 5.3.2.4.3. Refinery and Petrochemical 5.3.2.4.4. Transportation 5.3.2.4.5. Others 6. Europe Liquefied Petroleum Gas Market Size and Forecast by Segmentation (by Value in USD Billion) (2024-2032) 6.1. Europe Liquefied Petroleum Gas Market Size and Forecast, By Source (2024-2032) 6.2. Europe Liquefied Petroleum Gas Market Size and Forecast, By Application (2024-2032) 6.3. Europe Liquefied Petroleum Gas Market Size and Forecast, by Country (2024-2032) 6.3.1. United Kingdom 6.3.1.1. United Kingdom Liquefied Petroleum Gas Market Size and Forecast, By Source (2024-2032) 6.3.1.2. United Kingdom Liquefied Petroleum Gas Market Size and Forecast, By Application (2024-2032) 6.3.2. France 6.3.2.1. France Liquefied Petroleum Gas Market Size and Forecast, By Source (2024-2032) 6.3.2.2. France Liquefied Petroleum Gas Market Size and Forecast, By Application (2024-2032) 6.3.3. Germany 6.3.3.1. Germany Liquefied Petroleum Gas Market Size and Forecast, By Source (2024-2032) 6.3.3.2. Germany Liquefied Petroleum Gas Market Size and Forecast, By Application (2024-2032) 6.3.4. Italy 6.3.4.1. Italy Liquefied Petroleum Gas Market Size and Forecast, By Source (2024-2032) 6.3.4.2. Italy Liquefied Petroleum Gas Market Size and Forecast, By Application (2024-2032) 6.3.5. Spain 6.3.5.1. Spain Liquefied Petroleum Gas Market Size and Forecast, By Source (2024-2032) 6.3.5.2. Spain Liquefied Petroleum Gas Market Size and Forecast, By Application (2024-2032) 6.3.6. Sweden 6.3.6.1. Sweden Liquefied Petroleum Gas Market Size and Forecast, By Source (2024-2032) 6.3.6.2. Sweden Liquefied Petroleum Gas Market Size and Forecast, By Application (2024-2032) 6.3.7. Austria 6.3.7.1. Austria Liquefied Petroleum Gas Market Size and Forecast, By Source (2024-2032) 6.3.7.2. Austria Liquefied Petroleum Gas Market Size and Forecast, By Application (2024-2032) 6.3.8. Rest of Europe 6.3.8.1. Rest of Europe Liquefied Petroleum Gas Market Size and Forecast, By Source (2024-2032) 6.3.8.2. Rest of Europe Liquefied Petroleum Gas Market Size and Forecast, By Application (2024-2032) 7. Asia Pacific Liquefied Petroleum Gas Market Size and Forecast by Segmentation (by Value in USD Billion) (2024-2032) 7.1. Asia Pacific Liquefied Petroleum Gas Market Size and Forecast, By Source (2024-2032) 7.2. Asia Pacific Liquefied Petroleum Gas Market Size and Forecast, By Application (2024-2032) 7.3. Asia Pacific Liquefied Petroleum Gas Market Size and Forecast, by Country (2024-2032) 7.3.1. China 7.3.1.1. China Liquefied Petroleum Gas Market Size and Forecast, By Source (2024-2032) 7.3.1.2. China Liquefied Petroleum Gas Market Size and Forecast, By Application (2024-2032) 7.3.2. S Korea 7.3.2.1. S Korea Liquefied Petroleum Gas Market Size and Forecast, By Source (2024-2032) 7.3.2.2. S Korea Liquefied Petroleum Gas Market Size and Forecast, By Application (2024-2032) 7.3.3. Japan 7.3.3.1. Japan Liquefied Petroleum Gas Market Size and Forecast, By Source (2024-2032) 7.3.3.2. Japan Liquefied Petroleum Gas Market Size and Forecast, By Application (2024-2032) 7.3.4. India 7.3.4.1. India Liquefied Petroleum Gas Market Size and Forecast, By Source (2024-2032) 7.3.4.2. India Liquefied Petroleum Gas Market Size and Forecast, By Application (2024-2032) 7.3.5. Australia 7.3.5.1. Australia Liquefied Petroleum Gas Market Size and Forecast, By Source (2024-2032) 7.3.5.2. Australia Liquefied Petroleum Gas Market Size and Forecast, By Application (2024-2032) 7.3.6. Indonesia 7.3.6.1. Indonesia Liquefied Petroleum Gas Market Size and Forecast, By Source (2024-2032) 7.3.6.2. Indonesia Liquefied Petroleum Gas Market Size and Forecast, By Application (2024-2032) 7.3.7. Philippines 7.3.7.1. Philippines Liquefied Petroleum Gas Market Size and Forecast, By Source (2024-2032) 7.3.7.2. Philippines Liquefied Petroleum Gas Market Size and Forecast, By Application (2024-2032) 7.3.8. Malaysia 7.3.8.1. Malaysia Liquefied Petroleum Gas Market Size and Forecast, By Source (2024-2032) 7.3.8.2. Malaysia Liquefied Petroleum Gas Market Size and Forecast, By Application (2024-2032) 7.3.9. Vietnam 7.3.9.1. Vietnam Liquefied Petroleum Gas Market Size and Forecast, By Source (2024-2032) 7.3.9.2. Vietnam Liquefied Petroleum Gas Market Size and Forecast, By Application (2024-2032) 7.3.10. Thailand 7.3.10.1. Thailand Liquefied Petroleum Gas Market Size and Forecast, By Source (2024-2032) 7.3.10.2. Thailand Liquefied Petroleum Gas Market Size and Forecast, By Application (2024-2032) 7.3.11. Rest of Asia Pacific 7.3.11.1. Rest of Asia Pacific Liquefied Petroleum Gas Market Size and Forecast, By Source (2024-2032) 7.3.11.2. Rest of Asia Pacific Liquefied Petroleum Gas Market Size and Forecast, By Application (2024-2032) 8. Middle East and Africa Liquefied Petroleum Gas Market Size and Forecast by Segmentation (by Value in USD Billion) (2024-2032) 8.1. Middle East and Africa Liquefied Petroleum Gas Market Size and Forecast, By Source (2024-2032) 8.2. Middle East and Africa Liquefied Petroleum Gas Market Size and Forecast, By Application (2024-2032) 8.3. Middle East and Africa Liquefied Petroleum Gas Market Size and Forecast, by Country (2024-2032) 8.3.1. South Africa 8.3.1.1. South Africa Liquefied Petroleum Gas Market Size and Forecast, By Source (2024-2032) 8.3.1.2. South Africa Liquefied Petroleum Gas Market Size and Forecast, By Application (2024-2032) 8.3.2. GCC 8.3.2.1. GCC Liquefied Petroleum Gas Market Size and Forecast, By Source (2024-2032) 8.3.2.2. GCC Liquefied Petroleum Gas Market Size and Forecast, By Application (2024-2032) 8.3.3. Nigeria 8.3.3.1. Nigeria Liquefied Petroleum Gas Market Size and Forecast, By Source (2024-2032) 8.3.3.2. Nigeria Liquefied Petroleum Gas Market Size and Forecast, By Application (2024-2032) 8.3.4. Rest of ME&A 8.3.4.1. Rest of ME&A Liquefied Petroleum Gas Market Size and Forecast, By Source (2024-2032) 8.3.4.2. Rest of ME&A Liquefied Petroleum Gas Market Size and Forecast, By Application (2024-2032) 9. South America Liquefied Petroleum Gas Market Size and Forecast by Segmentation (by Value in USD Billion) (2024-2032) 9.1. South America Liquefied Petroleum Gas Market Size and Forecast, By Source (2024-2032) 9.2. South America Liquefied Petroleum Gas Market Size and Forecast, By Application (2024-2032) 9.3. South America Liquefied Petroleum Gas Market Size and Forecast, by Country (2024-2032) 9.3.1. Brazil 9.3.1.1. Brazil Liquefied Petroleum Gas Market Size and Forecast, By Source (2024-2032) 9.3.1.2. Brazil Liquefied Petroleum Gas Market Size and Forecast, By Application (2024-2032) 9.3.2. Argentina 9.3.2.1. Argentina Liquefied Petroleum Gas Market Size and Forecast, By Source (2024-2032) 9.3.2.2. Argentina Liquefied Petroleum Gas Market Size and Forecast, By Application (2024-2032) 9.3.3. Rest of South America 9.3.3.1. Rest of South America Liquefied Petroleum Gas Market Size and Forecast, By Source (2024-2032) 9.3.3.2. Rest of South America Liquefied Petroleum Gas Market Size and Forecast, By Application (2024-2032) 10. Company Profile: Key Players (Detailed Profile for all Major Industry Players) 10.1. ExxonMobil Corporation (U.S.) 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Recent Developments 10.2. Chevron Corporation (U.S.) 10.3. DCP Midstream LP (U.S.) 10.4. Enterprise Products Partners L.P. (U.S.) 10.5. Targa Resources Corp. (U.S.) 10.6. Pembina Pipeline Corporation (Canada) 10.7. Royal Dutch Shell plc (Netherlands) 10.8. BP plc (U.K.) 10.9. Repsol S.A. (Spain) 10.10. TotalEnergies SE (France) 10.11. SHV Energy (Netherlands) 10.12. UGI International (U.K.) 10.13. China Petroleum & Chemical Corp (Sinopec) (China) 10.14. China National Petroleum Corporation (CNPC) (China) 10.15. Indian Oil Corporation Ltd. (IOCL) (India) 10.16. Hindustan Petroleum Corporation Ltd. (HPCL) (India) 10.17. Petronas (Malaysia) 10.18. SK Gas Co., Ltd. (South Korea) 10.19. Origin Energy Ltd. (Australia) 10.20. Abu Dhabi National Oil Company (ADNOC) (UAE) 10.21. Saudi Aramco (Saudi Arabia) 10.22. Oando PLC (Nigeria) 10.23. YPF S.A. (Argentina) 10.24. Petrobras (Brazil) 10.25. Ultragaz (Ultrapar) (Brazil) 11. Key Findings 12. Analyst Recommendations 13. Liquefied Petroleum Gas Market: Research Methodology