“The North America liquefied petroleum gas market is estimated to grow at a CAGR of 3.0% from 2014 to 2019. Mature markets such as the U.S. holds large shares in the North American liquefied petroleum gas market, while Canada is expected to grow at the highest CAGR of 3.5% in the forecast period. The growth of the liquefied petroleum gas market is driven by factors such as lower carbon emissions, energy-efficiency, government promotion for use of LPG, and ease of use. However, factors such as discovery of shale gas, growth in the required infrastructure to distribute natural gas, and inconsistent LPG prices restrain the growth of this market.
Refineries, non-associated, and associated are the sources of LPG that have been included in the North American LPG market. In terms of application, the North America liquefied petroleum gas market has been broadly classified into residential/commercial, chemical, industrial, auto gas, and others applications of LPG. The countries taken into consideration are the U.S. and Canada.
The residential/ commercial application is expected to account for the maximum share of the North American region. However, the auto gas application of LPG is estimated to grow at the highest CAGR from 2014 to 2019.
The North America liquefied petroleum gas market is a competitive market with the presence of a number of market players. The North America LPG market is mainly dominated by privately owned companies such as Exxon Mobil, BP Plc, Petron Corporation, Chevron, and ConocoPhillips. Apart from these, the global oil and gas giants such as Royal Dutch Shell and Saudi Aramco operate through a joint venture in the North America LPG market with a considerable market share. New product launches and partnerships, agreements, collaborations, and joint ventures are the major strategies adopted by most market players to boost the market growth.
Reasons to Buy the Report:
From an insight perspective, this research report has focused on various levels of analysis—industry analysis (industry trends and PEST analysis), market share analysis of top players, supply chain analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging- and high-growth segments of the liquefied petroleum gas market, high-growth regions and countries and their respective regulatory policies, government initiatives, drivers, restraints, and opportunities.
The report offers details on both the established firms as well as new entrants/smaller firms, in order to gauge the pulse of the market, which in turn will provide useful insights, including the market share. Firms that purchase the report could use any one or a combination of five strategies that include market penetration, product development/innovation, market development, market diversification, and competitive assessment to strengthen their market share.
The report provides insights on the following pointers:
• Market Penetration: Comprehensive information on liquefied petroleum gas offered by top players in the liquefied petroleum gas market
• Product Development/Innovation: Detailed insights on the upcoming technologies, research and development activities, and new product launches in the liquefied petroleum gas market
• Market Development: Comprehensive information of the lucrative emerging markets. The report analyzes the markets for various liquefied petroleum gas across geographies
• Market Diversification: Exhaustive information of new products, untapped geographies, recent developments, and investments in the liquefied petroleum gas market
• Competitive Assessment: In-depth assessment of the market shares, strategies, products, and manufacturing capabilities of leading players in the liquefied petroleum gas market
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“TABLE OF CONTENTS
1 INTRODUCTION 8
1.1 OBJECTIVES OF THE STUDY 8
1.2 MARKET DEFINITION AND SCOPE OF THE STUDY 9
1.3 MARKETS COVERED 9
1.4 STAKEHOLDERS 10
2 RESEARCH METHODOLOGY 11
2.1 INTEGRATED ECOSYSTEM OF LPG MARKET 11
2.2 ARRIVING AT THE NORTH AMERICA LPG MARKET SIZE 12
2.3 TOP-DOWN APPROACH 13
2.4 BOTTOM-UP APPROACH 14
2.5 DEMAND SIDE APPROACH 15
2.6 MACRO INDICATOR – BASED APPROACH 16
2.7 ASSUMPTIONS 17
3 EXECUTIVE SUMMARY 18
4 MARKET OVERVIEW 20
4.1 INTRODUCTION 20
4.2 DRIVERS AND INHIBITORS OF NORTH AMERICA LPG MARKET 22
4.2.1 AUXILIARY TABLES 23
4.3 IMPACT ANALYSIS 24
4.3.1 IMPACT ANALYSIS OF DRIVERS 24
4.4 KEY MARKET DYNAMICS 24
4.5 DEMAND SIDE ANALYSIS 26
5 LIQUEFIED PETROLEUM GAS MARKET, BY SOURCE 27
5.1 INTRODUCTION 27
5.2 NORTH AMERICA LPG MARKET, BY SOURCE 28
6 LIQUEFIED PETROLEUM GAS MARKET, BY APPLICATION 31
6.1 INTRODUCTION 31
6.2 NORTH AMERICA RESIDENTIAL/COMMERCIAL LPG MARKET, BY COUNTRY 32
6.2.1 NORTH AMERICA RESIDENTIAL/COMMERCIAL LPG MARKET, BY COUNTRY 32
6.3 NORTH AMERICA CHEMICAL LPG MARKET, BY COUNTRY 33
6.3.1 NORTH AMERICA CHEMICAL LPG MARKET, BY COUNTRY 34
6.4 NORTH AMERICA INDUSTRIAL LPG MARKET, BY COUNTRY 35
6.4.1 NORTH AMERICA INDUSTRIAL LPG MARKET, BY COUNTRY 35
6.5 NORTH AMERICA AUTO GAS LPG MARKET, COUNTRY 36
6.5.1 NORTH AMERICAN AUTO GAS LPG MARKET, BY COUNTRY 37
7 LIQUEFIED PETROLEUM GAS MARKET, BY COUNTRY 38
7.1 INTRODUCTION 38
7.2 NORTH AMERICA LPG MARKET 39
7.2.1 NORTH AMERICA LPG MARKET, BY COUNTRY 39
7.2.2 NORTH AMERICA LPG MARKET, BY SOURCE 41
7.2.3 NORTH AMERICA LPG MARKET, BY APPLICATION 43
8 NORTH AMERICA LIQUEFIED PETROLEUM GAS MARKET: COMPETITIVE LANDSCAPE 45
8.1 LPG MARKET: COMPANY SHARE ANALYSIS 45
8.2 COMPETITIVE LANDSCAPE 46
8.3 EXPANSION 46
8.3.1 JOINT VENTURES/ PARTNERSHIP 47
8.3.2 AGREEMENTS 47
8.3.3 MERGERS & ACQUISITIONS 48
8.3.4 NEW TECHNOLOGY 48
8.3.5 OTHERS 49
9 NORTH AMERICA LPG MARKET, BY COMPANY 50
9.1 EXXON MOBIL CORP. 50
9.1.1 PRODUCT PORTFOLIO 50
9.1.2 COMPANY FINANCIALS 51
9.1.3 COMPANY DEVELOPMENTS 52
9.2 BP PLC 53
9.2.1 OVERVIEW 53
9.2.2 PRODUCT PORTFOLIO 53
9.2.3 COMPANY FINANCIALS 53
9.2.4 COMPANY DEVELOPMENTS 55
9.3 CONOCOPHILLIPS 56
9.3.1 OVERVIEW 56
9.3.2 SERVICES PORTFOLIO 56
9.3.3 COMPANY FINANCIALS 57
9.3.4 COMPANY DEVELOPMENTS 57
9.4 CHEVRON CORPORATION 58
9.4.1 OVERVIEW 58
9.4.2 COMPANY FINANCIALS 58
9.4.3 PRODUCT PORTFOLIO 59
9.4.4 RELATED DEVELOPMENTS 60
9.5 MOTIVA ENTERPRISE LLC 61
9.5.1 OVERVIEW 61
9.5.2 COMPANY FINANCIALS 61
9.5.3 PRODUCT PORTFOLIO 61
9.5.4 RELATED DEVELOPMENTS 62
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“LIST OF TABLES
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TABLE 1 NORTH AMERICA LPG APPLICATION MARKET, 2014 (MILLION TONNES AND TONES) 15
TABLE 2 CRUDE OIL PRODUCTION, BY COUNTRY, 2009-2013 (THOUSAND BARRELS/DAY) 16
TABLE 3 NORTH AMERICA LIQUEFIED PETROLEUM GAS MARKET: DRIVERS AND INHIBITORS 22
TABLE 4 CARBON EMISSIONS FROM DIFFERENT FUELS (KG CO2/MMBTU) 23
TABLE 5 ENERGY CONTENT OF DIFFERENT FUELS, (KILOJOULE/KG) 24
TABLE 6 NORTH AMERICA LPG MARKET, BY SOURCE, 2013-2019 (MILLION TONES) 28
TABLE 7 NORTH AMERICA LPG MARKET, BY SOURCE, 2013-2019 (USD BILLION) 30
TABLE 8 NORTH AMERICA RESIDENTIAL/COMMERCIAL LPG MARKET, BY COUNTRY,
2013-2019 (MILLION TONES) 32
TABLE 9 NORTH AMERICA RESIDENTIAL/COMMERCIAL LPG MARKET, BY COUNTRY,
2013-2019 (USD BILLION) 33
TABLE 10 NORTH AMERICA CHEMICAL LPG MARKET, BY COUNTRY, 2013-2019 (MILLION TONES) 34
TABLE 11 NORTH AMERICA CHEMICAL LPG MARKET, BY COUNTRY, 2013-2019 (USD BILLION) 34
TABLE 12 NORTH AMERICA INDUSTRIAL LPG MARKET, BY COUNTRY, 2013-2019 (MILLION TONES) 35
TABLE 13 NORTH AMERICA INDUSTRIAL LPG MARKET, BY COUNTRY, 2013-2019 (USD BILLION) 36
TABLE 14 NORTH AMERICAN AUTO GAS LPG MARKET, BY COUNTRY,
2013-2019 (MILLION TONES) 37
TABLE 15 NORTH AMERICAN AUTO GAS LPG MARKET, BY COUNTRY, 2013-2019 (USD BILLION) 37
TABLE 16 NORTH AMERICA LPG MARKET, BY COUNTRY, 2013-2019 (MILLION TONES) 40
TABLE 17 NORTH AMERICA LPG MARKET, BY COUNTRY, 2013-2019 (USD BILLION) 40
TABLE 18 NORTH AMERICA LPG MARKET, BY SOURCE, 2013-2019 (MILLION TONES) 42
TABLE 19 NORTH AMERICA LPG MARKET, BY SOURCE, 2013-2019 (USD BILLION) 42
TABLE 20 NORTH AMERICA LPG MARKET, BY APPLICATION, 2013-2019 (MILLION TONES) 43
TABLE 21 NORTH AMERICA LPG MARKET, BY APPLICATION, 2013-2019 (USD BILLION) 44
TABLE 22 KEY FINANCIALS, 2009-2013 (USD MILLION) 51
TABLE 23 NET SALES, BY BUSINESS SEGMENT, 2009-2013 (USD MILLION) 51
TABLE 24 NET SALES, BY GEOGRAPHY, 2009-2013 (USD MILLION) 52
TABLE 25 KEY FINANCIALS, 2009-2013 (USD MILLION) 54
TABLE 26 NET SALES, BY BUSINESS SEGMENT, 2009-2013 (USD MILLION) 54
TABLE 27 NET SALES, BY GEOGRAPHY, 2009-2013 (USD MILLION) 54
TABLE 28 KEY FINANCIALS, 2009-2013 (USD MILLION) 57
TABLE 29 KEY FINANCIALS, 2009-2013 (USD MILLION) 59
TABLE 30 NET SALES, BY BUSINESS SEGMENT, 2009-2013 (USD MILLION) 59
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“LIST OF FIGURES
FIGURE 1 NORTH AMERICA LPG MARKET : SEGMENTATION & COVERAGE 9
FIGURE 2 NORTH AMERICA LPG MARKET: INTEGRATED ECOSYSTEM 11
FIGURE 3 RESEARCH METHODOLOGY 12
FIGURE 4 TOP – DOWN APPROACH 13
FIGURE 5 BOTTOM-UP APPROACH 14
FIGURE 6 DEMAND SIDE APPROACH 15
FIGURE 7 LPG MARKET SNAPSHOT 19
FIGURE 8 NORTH AMERICA LIQUEFIED PETROLEUM MARKET: GROWTH PROSPECTS 20
FIGURE 9 NORTH AMERICA LPG MARKET COMPARISON, BY SOURCE, 2013–2019 21
FIGURE 10 LPG: NORTH AMERICA MARKET SHARE BY APPLICATION, 2013 21
FIGURE 11 NORTH AMERICA LPG MARKET, BY APPLICATION, 2014 VS 2019 24
FIGURE 12 NORTH AMERICA LPG MARKET, BY APPLICATION, 2014-2019 25
FIGURE 13 NORTH AMERICA LPG MARKET, BY SOURCE, 2014-2019 (MILLION TONNES) 28
FIGURE 14 NORTH AMERICA LPG MARKET, BY SOURCE, 2014-2019 (USD BILLION) 29
FIGURE 15 NORTH AMERICA LPG MARKET, BY APPLICATION, 2014-2019 (MILLION TONNES) 31
FIGURE 16 NORTH AMERICA RESIDENTIAL/COMMERCIAL LPG MARKET, BY COUNTRY,
2013-2019, (USD BILLION) 32
FIGURE 17 NORTH AMERICA CHEMICAL LPG MARKET, BY COUNTRY, 2013-2019 (USD BILLION) 33
FIGURE 18 NORTH AMERICA INDUSTRIAL LPG MARKET, BY COUNTRY , 2013-2019 (USD BILLION) 35
FIGURE 19 NORTH AMERICA AUTO GAS LPG MARKET, BY COUNTRY, 2013-2019 (USD BILLION) 36
FIGURE 20 NORTH AMERICA LPG MARKET, OVERVIEW, 2014 & 2019 (%) 39
FIGURE 21 NORTH AMERICA LPG MARKET, BY COUNTRY, 2013-2019 (USD BILLION) 39
FIGURE 22 NORTH AMERICA LPG MARKET: COUNTRIES SNAPSHOT, 2014-2019 (USD BILLION) 41
FIGURE 23 NORTH AMERICA LPG MARKET: BY SOURCE, 2013-2019 (USD BILLION) 41
FIGURE 24 NORTH AMERICA LPG MARKET SHARE, BY SOURCE, 2014 & 2019 (%) 42
FIGURE 25 NORTH AMERICA LPG MARKET SHARE, BY APPLICATION, 2013 43
FIGURE 26 NORTH AMERICA LPG MARKET SHARE, BY APPLICATION, 2014-2019 (%) 44
FIGURE 27 NORTH AMERICA LPG MARKET: COMPANY SHARE ANALYSIS, 2013 (%) 45
FIGURE 28 EXXON MOBIL CORP. REVENUE MIX, 2013 (%) 51
FIGURE 29 BP PLC REVENUE MIX, 2013 (%) 53
FIGURE 30 CHEVRON REVENUE MIX, 2013 (%) 58
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