Middle East and Africa Liquefied Petroleum Gas Market is Expected to Grow at 4.0% CAGR by 2019

“Middle East and Africa Liquefied Petroleum Gas Market” Offered by ReportsnReports.com

Saudi Arabia is the largest consumer and producer of LPG in the Middle East & Africa region. The Middle East & Africa (MEA) LPG market was valued at $38.3 billion in 2013 and is expected to grow at a CAGR of 4.0% during the forecast period of 2014 to 2019. The source segment is further categorized into refineries, non-associated, and associated. In terms of geography, this market is classified into the major countries of the region, such as Saudi Arabia, Egypt, and Iran, among others. Refineries, as a source of LPG, dominated the LPG market in the MEA region, owing to the large number of oil & gas refineries sponsored by the state governments in the Middle Eastern region. Another significant market driver is the commercial importance of LPG, in terms of associated and non-associated sources of LPG, which are expected to grow rapidly in this region, during the given forecast period.

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The residential/commercial application of LPG holds the largest market share in the global LPG market, whereas the MEA region is dominated by the chemical application of LPG, mainly used as a petrochemical feedstock. In addition to the chemical application, the auto gas application segment of the MEA LPG market is projected to grow significantly in the coming years, even though it holds a relatively smaller market share in the Middle East & Africa market. The auto gas market segment is projected to grow owing to the increased usage of LPG as a suitable fuel source, as it produces lower carbon emissions. In contrast to this, developing infrastructures that enhance the natural gas network in the Middle East countries might act as a market inhibitor, affecting the growth of the LPG market in this region during the given forecast period.

Reasons to Buy the Report:

The market research report focuses on various levels of analysis, including industry analysis (industry trends and PEST analysis), market share analysis of the top market players, supply chain analysis, and company profiles. These collectively provide insights into the competitive landscape; emerging and high-growth segments of the LPG market; countries of the region and their respective regulatory policies; government initiatives; and market dynamics such as drivers, restraints, and opportunities. The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help companies to acquire a greater share of the MEA market. Firms purchasing the report could use any one or combination of the below mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) for strengthening their market share.

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The report provides insights on the following pointers:

·         Market Penetration: Comprehensive information on the LPG offered by the top players in this market

·         Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the liquid petroleum gas market of the MEA region

·         Market Development: Comprehensive information about emerging markets, along with in-depth analysis on the LPG market with respect to geographies

·         Market Diversification: Exhaustive information about new products, untapped regions, recent developments, and investments in the liquid petroleum gas market

·         Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the liquid petroleum gas market of the Middle East & Africa region

Table of Content

1 Introduction

2 Research Methodology

3 Executive Summary

4 Market Overview

5 Liquefied Petroleum Gas Market, by Source

6 Liquefied Petroleum Gas Market, by Application

7 Liquefied Petroleum Gas Market, by Region

8 Mea Liquefied Petroleum Gas Market: Competitive Landscape

9 Global Lpg Market, by Company

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