Europe Liquefied Petroleum Gas Market Size & Outlook

The liquefied petroleum gas market in Europe is expected to reach a projected revenue of US$ 43,894.5 million by 2030. A compound annual growth rate of 3.6% is expected of Europe liquefied petroleum gas market from 2025 to 2030.
Revenue, 2024 (US$M)
$35,647.8
Forecast, 2030 (US$M)
$43,894.5
CAGR, 2025 - 2030
3.6%
Report Coverage
Europe

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Europe liquefied petroleum gas market, 2018-2030 (US$M)

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Europe liquefied petroleum gas market highlights

  • The Europe liquefied petroleum gas market generated a revenue of USD 35,647.8 million in 2024.
  • The market is expected to grow at a CAGR of 3.6% from 2025 to 2030.
  • In terms of segment, industrial was the largest revenue generating application in 2024.
  • Chemical is the most lucrative application segment registering the fastest growth during the forecast period.
  • Country-wise, Germany is expected to register the highest CAGR from 2025 to 2030.


Europe data book summary

Market revenue in 2024USD 35,647.8 million
Market revenue in 2030USD 43,894.5 million
Growth rate3.6% (CAGR from 2025 to 2030)
Largest segmentIndustrial
Fastest growing segmentChemical
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationResidential, Commercial, Chemical, Industrial, Autogas, Refinery


Other key industry trends

  • In terms of revenue, Europe region accounted for 28.9% of the global liquefied petroleum gas market in 2024.
  • Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
  • Latin America is the fastest growing regional market and is projected to reach USD 11,281.3 million by 2030.

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Liquefied Petroleum Gas Market Companies

Name Profile # Employees HQ Website
Saudi Arabian Oil Co. View profile - - -
Vitol View profile 1001-5000 New York, New York, United States, North America http://www.vitol.com
Qatargas View profile 1001-5000 Doha, Ad Dawhah, Qatar, Asia https://www.qatargas.com
Reliance Industries View profile 10001+ Mumbai, Maharashtra, India, Asia https://www.ril.com
China Petroleum & Chemical Corp Class H View profile 368450 No. 22 Chaoyangmen North Street, Chaoyang District, Beijing, China, People's Republic of, 100728 http://www.sinopec.com
PetroChina Co Ltd Class H View profile 375803 No. 9 Dongzhimen North Street, Dongcheng District, Beijing, China, People's Republic of, 100007 http://www.petrochina.com.cn
BP PLC View profile 87800 1 St James's Square, London, United Kingdom, SW1Y 4PD https://www.bp.com
Shell PLC View profile 100000 Shell Centre, London, United Kingdom, SE1 7NA https://www.shell.com
TotalEnergies SE View profile 100000 2, Place Jean Millier, La Defense 6, Courbevoie, France, 92400 https://www.totalenergies.com
Exxon Mobil Corp View profile 61500 22777 Springwoods Village Parkway, Spring, TX, United States, 77389-1425 https://www.exxonmobil.com

Europe liquefied petroleum gas market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to liquefied petroleum gas market will help companies and investors design strategic landscapes.


Industrial was the largest segment with a revenue share of 17.76% in 2024. Horizon Databook has segmented the Europe liquefied petroleum gas market based on residential, commercial, chemical, industrial, autogas, refinery covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Europe liquefied petroleum gas market databook

  • Our clientele includes a mix of liquefied petroleum gas market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe liquefied petroleum gas market , including forecasts for subscribers. This continent databook contains high-level insights into Europe liquefied petroleum gas market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe liquefied petroleum gas market size, by country, 2018-2030 (US$M)

Europe Liquefied Petroleum Gas Market Outlook Share, 2024 & 2030 (US$M)

Europe liquefied petroleum gas market size, by country, 2018-2030 (US$M)

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