MEA LPG demand stood at 14.97 Million Tonnes in 2020 and is forecast to reach 28.43 Million Tonnes by 2030, growing at a healthy CAGR of 6.96% until 2030. While Saudi Arabia leads the MEA region in terms of LPG consumption, Iran and Egypt are expected to register considerable growth during the forecast period. A large market share of MEA LPG is being consumed for cooking in the commercial and residential sectors. Moreover, the growing demand for LPG from the automotive and aviation industry is likely to accelerate the MEA LPG market growth during the forecast period.
The COVID-19 caused a major disruption to the world economy, affecting business operations, restricting the mobility of goods and personnel, widening demand and supply chain, etc. and these factors led to MEA LPG market decline. Ban on travel and commercial activities also affected the LPG market to a certain extent. However, gradual expansion of industrialization activities as well as rising adoption of cleaner fuels is likely to impact the MEA LPG market growth positively during the forecast period.
Under this subscription, you would be able to access MEA LPG market demand and supply analysis on a cloud-based platform for one year. The data is updated on a near real-time basis to add any new movement in the industry including, but not limited to new plant announcements, plant shutdowns, temporary disruptions in demand or supply, news and deals, and much more specific to LPG.
Years Considered for Analysis:
Historical Years: 2015 – 2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022 – 2030
This report will be delivered on an online digital platform with a one-year subscription and quarterly updates.
? Installed Capacity By Company: Installed capacity at a regional level along with the individual capacity of leading players
? Installed Capacity By Location: Installed capacity at country level
? Production By Company: Actual production done by different companies
? Operating Efficiency Company: Operating efficiency at which different companies are operating their plants
? Demand By End Use: Demand/Sale of LPG in different end user industries across the region
? Demand By Sales Channel: Demand/Sale of LPG by different sales channels across the region
? Demand By Country: Demand/Sale of LPG in different countries of the region - Saudi Arabia, UAE, Iran, Rest of MEA
? Demand & Supply Gap: Demand & Supply Gap at the regional level
? Market Share of Leading Players: Revenue shares of leading players in the region
? News & Deals: Historical & Current News & Deals in the LPG market
To extract data for the MEA LPG market, the 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.