The Global Liquefied Petroleum Gas (LPG) Market is projected to gain traction due to the growing demand of cooking gases, and various government regulations and subsidies offered on the purchase of LPG supplements.Request for Sample of This Research Report @ [URL]https://bit.ly/2MNnaGt[/URL]
Top Key Players:-
Royal Dutch Shell Oil & Natural Gas Corporation Ltd.
Total SA
Oman Oil Company
Qatargas
Hindustan Petroleum Corporation Ltd.
Reliance Industries Ltd. (RIL)
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Liquefied Petroleum Gas is a group of flammable hydrocarbon gases, which are liquefied through pressurisation. Liquefied Petroleum Gas is obtained through natural gas processing and petroleum refining. Liquefied petroleum gas includes propane, butane and isobutane, along with mixtures of these gases. Liquefied Petroleum Gas is used as fuel in heating, cooking, hot water and vehicles. It also finds applications in refrigerants, aerosol propellants and petrochemical feedstock.
The growing demand for liquefied petroleum gas for cooking and heating applications primarily drives the growth of the Liquefied Petroleum Gas (LPG) Market. There has been an increased demand of expanding autogas as alternative fuel for transportation, which supports the market growth. Low greenhouse and particulate matter emissions by LPG boost the adoption of liquefied petroleum gas across the world. Rural population and high efficiency offered by LPG accelerates the adoption of liquefied petroleum gas. Government regulations and subsidies offered on purchase of LPG supplements the growth of the market.
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