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The global Propane Market was valued at ~US$ 72 Bn in 2018, and is anticipated to expand at a CAGR of ~5% during the forecast period.
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PropaneGlobal Industry Analysis, Size, Share, Growth, Trends and Forecast, 2019- 27 Sept 2019 Propane Market to Reach a Value of ~US$ 109 Bn by 2027 ©2019 Transparency Market Research, All Rights Reserved
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Research Insights The global propane market was valued at ~US$ 72 Bn in 2018, and is anticipated to expand at a CAGR of ~5% during the forecast period. The residential segment accounted for a major share of the global propane market in 2018, owing to the high demand for domestic consumption, especially for space heating and cooking applications. The industrial segment is estimated to expand rapidly during the forecast period, owing to the high demand for propane in metal and plastic industries across the world. Asia Pacific is anticipated to be a high-potential market for propane in the near future, owing to the increase in the demand for domestic fuel in developing economies such as China and India. View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved
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