Global Liquefied Petroleum Gas (LPG) Market worth US$ 177.4 Billion 2029 with a CAGR of 4.3 %

Global liquefied petroleum gas (LPG) market is projected to grow from US$ 121.0 billion in 2020 to US$ 177.4 billion by 2029. Rising awareness associated with use of LPG as an alternative source for fossil fuels is key factor driving growth of the global liquefied petroleum gas (LPG) market. In addition, growing adoption of clean energy source among individuals in developed and developing countries is major factor propelling growth of the global liquefied petroleum gas market. The development of petrochemical projects and new production lines are anticipated to create lucrative opportunity for players operated in the global liquefied petroleum gas (LPG) market.