市场调查报告书
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1423677
到 2030 年丙烷市场预测:按型态、等级、最终用户和地区进行全球分析Propane Market Forecasts to 2030 - Global Analysis By Form (Gas and Liquid), By Grade (HD-5 Propane, HD-10 Propane and Other Grades), End User and By Geography |
根据Stratistics MRC的数据,2023年全球丙烷市场规模为927.5亿美元,预计2030年将达到1,403.9亿美元,预测期内复合年增长率为6.1%。
丙烷是一种无色无味的烃类气体,属于烷烃家族。从原油精製和天然气处理中获得。它被用作加热、烹饪和电器产品的燃料。丙烷作为压缩液体储存和运输。丙烷以其高效、清洁和多功能性而闻名,可满足住宅、商业、工业和运输需求。
根据 ITOPF(2003),委内瑞拉持有西半球最大的石油蕴藏量和最大的精製系统之一。
全球能源消费量增加
人口扩张和工业化程度的提高正在增加对多功能能源来源的需求。丙烷是一种清洁高效的燃料,可满足各种能源需求,特别是在商业和工业领域。由于丙烷在供暖、烹饪、运输和各种行业中的用途,丙烷正在成为增加能源消耗的解决方案。此外,其便利的储存和运输能力有助于满足世界日益增长的能源需求。
石油和天然气价格波动
石油和天然气价格的波动对丙烷市场构成主要抑制因素。由于丙烷源自这些能源来源,其定价与石油和天然气市场的波动密切相关。价格的快速变化会直接影响丙烷的成本,进而影响消费者需求和产业投资。价格上涨会降低消费者的负担能力并促使转向替代能源。另一方面,不可预测的定价使得依赖丙烷的企业难以做出长期规划和投资决策,进而影响市场稳定和成长。
与可再生能源整合
作为一种清洁燃烧燃料,丙烷作为可靠的备用能源来源补充了可再生能源解决方案。与太阳能和风能等可再生能源发电技术的兼容性使混合系统成为可能,即使在可再生能源发电间歇性的情况下也能确保稳定的能源供应。此外,丙烷的多功能性使得利用生物质生产可再生丙烷成为可能,从而提高了市场的永续性。这种整合将创造一个更具弹性和更绿色的能源环境,促进环境保护和能源可靠性。
严格的环境法规
由于减少排放和可再生能源的压力越来越大,严格的环境法规对市场构成了威胁。随着遏制温室气体排放的法规收紧,丙烷虽然比某些石化燃料更清洁,但其碳排放面临严格审查。竞争性排放法规和永续性措施的成本将会增加,可能会影响丙烷的成本竞争力。此外,有利于可再生替代燃料的政策可能会限制丙烷市场的成长。
COVID-19 大流行对市场产生了显着影响。停工和限制减少了工业活动,影响了製造业和餐旅服务业等行业的丙烷需求。供应链中断和经济活动减少也影响了丙烷消耗。然而,由于居家令期间住宅取暖和烹饪的使用增加,市场出现波动。总体而言,疫情导致了需求变化、供应链中断以及丙烷市场动态的变化。
预计液体部分在预测期内将是最大的
由于液体应用多样化且易于储存和运输,预计在预测期内将增长最大。液态丙烷储存在储存槽和钢瓶中,广泛用于住宅、商业和工业动力来源,用于加热、烹饪和电器产品。它的多功能性加上成熟的分销基础设施使其成为首选。此外,液体在各种工业製程中发挥重要作用。由于这些因素,预计在预测期内液体部分将在丙烷市场中占据主导地位。
预计交通运输业在预测期内复合年增长率最高
由于对替代燃料的兴趣不断增加,预计交通运输业在预测期内将呈现最高的复合年增长率。丙烷的清洁燃烧和低碳排放使其对车队越来越有吸引力,尤其是公共汽车、送货卡车和计程车等商业应用。此外,丙烷引擎的技术进步和日益增长的环境问题正在推动丙烷动力车辆的采用并推动该行业的成长。
由于完善的丙烷基础设施、强劲的工业部门以及强劲的住宅和商业需求,预计北美将在预测期内占据最大的市场占有率。此外,越来越多地采用丙烷作为清洁能源来源以及环境永续性的进展也有助于该地区的优势。此外,有利的法规结构和丙烷应用的多样性进一步巩固了北美的地位。
由于工业化程度的提高、都市化的快速发展以及对清洁能源来源日益增长的兴趣,亚太地区有望实现显着增长。人口成长和经济发展正在推动各行业的丙烷需求。此外,减少碳排放和转向清洁燃料的努力进一步推动了丙烷的采用。由于基础设施的改善和能源多元化计画投资的增加,亚太地区的丙烷市场在预测期内将大幅扩大。
According to Stratistics MRC, the Global Propane Market is accounted for $92.75 billion in 2023 and is expected to reach $140.39 billion by 2030 growing at a CAGR of 6.1% during the forecast period. Propane is a colorless and odorless hydrocarbon gas belonging to the alkane family. It's derived from crude oil refining and natural gas processing. It is used as a fuel for heating, cooking and powering appliances. Propane is stored and transported as a compressed liquid. It's known for its efficiency, cleanliness and versatility, serving residential, commercial, industrial and transportation needs.
According to ITOPF (2003) Venezuela holds the western hemisphere's largest oil reserves and one of its largest refining systems.
Rising global energy consumption
Due to expanding populations and increasing industrialization, there's a growing need for versatile energy sources. Propane, as a clean-burning and efficient fuel, addresses diverse energy demands, particularly in the commercial and industrial sectors. Its applications in heating, cooking, transportation and various industries position propane as a sought-after solution to meet rising energy consumption. Additionally, its storage convenience and transportability contribute to its role in fulfilling the mounting global energy requirements.
Fluctuations in oil and gas prices
Fluctuations in oil and gas prices pose a significant restraint in the propane market. As propane is derived from these energy sources, its pricing is closely tied to the volatility of the oil and gas markets. Sudden price swings can directly impact propane costs, affecting consumer demand and industry investments. Higher prices may reduce consumer affordability and prompt a shift towards alternative energy sources, while unpredictable pricing makes long-term planning and investment decisions challenging for businesses reliant on propane, impacting market stability and growth.
Integration with renewable energy
Propane, as a clean-burning fuel, complements renewable energy solutions by acting as a reliable backup energy source. Its compatibility with renewable technologies like solar and wind power allows for hybrid systems, ensuring consistent energy supply even during intermittent renewable energy generation. Additionally, propane's versatility enables the production of renewable propane from biomass, advancing the market's sustainability. This integration promotes a more resilient, eco-friendly energy landscape, fostering both environmental conservation and energy reliability.
Stringent environmental regulations
Stringent environmental regulations pose a threat to the market due to increased pressure for reduced emissions and a shift toward renewable energy sources. As regulations tighten to curb greenhouse gases, propane, though cleaner than some fossil fuels, faces scrutiny due to its carbon footprint. Compliance costs for emissions control and sustainability measures may rise, impacting propane's cost competitiveness. Moreover, policies favoring renewable alternatives could limit propane's market growth.
The COVID-19 pandemic had a notable impact on the market. Lockdowns and restrictions reduced industrial operations, affecting propane demand in sectors like manufacturing and hospitality. Disrupted supply chains and reduced economic activity also influenced propane consumption. However, the market saw fluctuations as residential usage increased for heating and cooking amid stay-at-home orders. Overall, the pandemic led to demand shifts, supply chain disruptions, and varying market dynamics for propane.
The liquid segment is expected to be the largest during the forecast period
The liquid segment is anticipated to dominate during the forecast period due to its diverse applications and ease of storage and transportation. Liquid propane, stored in tanks and cylinders, is widely used in the residential, commercial and industrial sectors for heating, cooking and powering appliances. Its versatility, coupled with its established distribution infrastructure, makes it a preferred choice. Additionally, the liquid form is crucial in various industrial processes. These factors contribute to the liquid segment's expected prominence in the propane market over the forecast period.
The transportation segment is expected to have the highest CAGR during the forecast period
The transportation segment is projected to exhibit the highest CAGR during the forecast period owing to escalating interest in alternative fuels. Propane's cleaner combustion and lower carbon emissions make it increasingly attractive for vehicle fleets, particularly in commercial applications like buses, delivery trucks and taxis. Additionally, technological advancements in propane engines and growing environmental concerns drive the adoption of propane-powered vehicles, fueling segment growth.
North America is anticipated to hold the largest market share during the forecast period due to its well-established propane infrastructure, robust industrial sectors and significant residential and commercial demand. Moreover, increased adoption of propane as a clean energy source and ongoing initiatives for environmental sustainability contribute to its prominence. Additionally, favorable regulatory frameworks and the versatility of propane applications further solidify North America's position.
The Asia Pacific region is poised for substantial growth due to escalating industrialization, burgeoning urbanization and a growing focus on cleaner energy sources. Increasing population and economic development drive demand for propane in diverse sectors. Additionally, initiatives to reduce carbon emissions and shift towards cleaner fuels further boost propane adoption. Improved infrastructure and rising investments in energy diversification initiatives position the Asia Pacific region for significant propane market expansion in the forecasted period.
Key players in the market
Some of the key players in Propane Market include Alliance AutoGas, AmeriGas Partners, L.P., Chevron Corporation, CHS Inc., DCC plc, Eastern Propane & Oil, Energy Transfer LP, Ferrellgas Partners, L.P., Kinder Morgan, Inc., NGL Energy Partners LP, Northern Energy, Paraco Gas Corporation, Parkland Corporation, Sparlings Propane, Suburban Propane Partners, L.P., Superior Plus Corporation, ThompsonGas and UGI Corporation.
In August 2023, Chevron Corporation announced its acquisition of PDC Energy, Inc. The acquisition includes 275,000 net acres in the Denver-Julesburg Basin and 25,000 net acres in the Permian Basin, adding over 1 billion barrels of proved reserves.
In March 2022, KBR and ExxonMobil Catalysts and Licensing LLC ("ExxonMobil") will collaborate to bring significant advancements to propane dehydrogenation (PDH) technology. Under the collaboration, ExxonMobil's new proprietary catalyst technology will be combined with KBR's proprietary K-PRO Propane Dehydrogenation (PDH) technology to convert propane into propylene.