India Liquefied Petroleum Gas Market was valued US$ XX Mn in 2018 and is expected to reach US$ XX Mn by 2026, at a CAGR of XX % during a forecast period.

The petroleum products, which include petrol, diesel, PDS Kerosene, and LPG are some of the major sources of energy and an important part of the Indian economy. An Indian government legalizes the price of Diesel, Kerosene and domestic liquefied petroleum gas. The government is involving in deciding the price, production, and distribution of petroleum products. With the government initiatives to deliver LPG in rural India, consumption of the gas is expected to increase by nearly XX% during the forecast period (2019-2026).

 

 

The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.

In India, The liquefied petroleum gas cylinders are available in the 4 sizes. The domestic cylinders are available in the size of 5 kg and 14.2 kg and commercial cylinder in the size of 19 kg and industrial cylinder 35 kg. The domestic cylinders are available at subsidized rates.

The residential/commercial segment is expected to contribute US $ XX Mn share in the India liquefied petroleum gas market. Liquefied petroleum gas is a vital part of every household. The variation in the price of liquefied petroleum gas cylinder affects the fiscal plan of a family. The most common usage of LPG is for cooking both residential and commercial. Additionally, the liquefied petroleum gas is also used for automobiles and refrigeration, etc. The governments of India are encouraged to deliver clean cooking fuel to every household through the Pradhan Mantri Ujjwala Yojana (PMUY).

The price hike is one of the key challenges in the India liquefied petroleum gas market. The government of India has still struggling to fulfill the increasing demand for energy. Nearly more than 77% of India’s petroleum requirements are fulfilled by importing the Liquefied petroleum gas from other countries. The fluctuations in the price change or any other change in the international market are expected to limit the growth of the India liquefied petroleum gas market.

In the current India liquefied petroleum gas market scenario, to get LPG distributorships, the distributor has to be appointed by public sector oil marketing companies (OMCs) and governed by the terms & conditions of the agreement. The numerous sections of the distributorship agreement spell out some responsibilities, which have to be performed by the distributorships and by the OMCs. The distributorship agreement includes the operating policies, procedures, and practices, which are mandatory to be followed by the distributors to work for LPG consumers.

The objective of the report is to present a comprehensive analysis of India Liquefied Petroleum Gas Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market are presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding India Liquefied Petroleum Gas Market dynamics, structure by analysing the market segments and project the India Liquefied Petroleum Gas Market size. Clear representation of competitive analysis of key players by Thyroid Gland Disorders Treatment Type, price, financial position, product portfolio, growth strategies, and regional presence in the India Liquefied Petroleum Gas Market make the report investor’s guide.

 

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The Scope of the Report for India Liquefied Petroleum Gas Market

India Liquefied Petroleum Gas Market, By Source

• Refinery
• Associated Gas
• Non - Associated Gas
India Liquefied Petroleum Gas Market, By Application

• Residential/Commercial
• Chemical
• Industrial
• Autofuel
• Refinery
• Offshore
Key players operating in India Liquefied Petroleum Gas Market

• Indian Oil Corporation Limited (IOCL)
• Bharat Petroleum Corporation Limited (BPCL)
• Hindustan Petroleum Corporation Limited (HPCL)
• Petro Vietnam Gas
• Reliance Industries Limited (RIL)

 

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