Global Liquefied Petroleum Gas (LPG) Market Size & Growth Report
The global liquefied petroleum gas (LPG) market is expected to grow significantly due to increasing residential and commercial demand, supported by government initiatives and policies.
Data Bridge Market Research projects that the global LPG market, valued at USD 134.3 billion in 2022, will reach USD 188.08 billion by 2030, with a CAGR of 4.3% from 2023 to 2030. “Natural Gas Liquids” dominate the market segment, driven by abundant natural gas reserves, higher LPG yield during processing, and its cleaner fuel characteristics compared to crude oil refining.