Middle East & Africa Liquefied Petroleum Gas Market Size & Outlook
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MEA liquefied petroleum gas market highlights
- The MEA liquefied petroleum gas market generated a revenue of USD 19,550.7 million in 2024.
- The market is expected to grow at a CAGR of 4.3% 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, Saudi Arabia is expected to register the highest CAGR from 2025 to 2030.
MEA data book summary
| Market revenue in 2024 | USD 19,550.7 million |
| Market revenue in 2030 | USD 25,915.4 million |
| Growth rate | 4.3% (CAGR from 2025 to 2030) |
| Largest segment | Industrial |
| Fastest growing segment | Chemical |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Residential, Commercial, Chemical, Industrial, Autogas, Refinery |
Other key industry trends
- In terms of revenue, MEA region accounted for 15.9% 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.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Liquefied Petroleum Gas Market Scope
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 |
Middle East & Africa 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 18.49% in 2024. Horizon Databook has segmented the Middle East & Africa 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 Middle East & Africa liquefied petroleum gas market databook
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Our clientele includes a mix of liquefied petroleum gas market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa liquefied petroleum gas market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa liquefied petroleum gas market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA liquefied petroleum gas market size, by country, 2018-2030 (US$M)
Middle East & Africa Liquefied Petroleum Gas Market Outlook Share, 2024 & 2030 (US$M)
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