Propane Market Size, Share & Industry Analysis, By Grade (HD-5, HD-10, Commercial), By End-user (Residential, Commercial, Industrial, and Others), and Regional Forecast, 2026-2034

Last Updated: January 19, 2026 | Format: PDF | Report ID: FBI100586

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Table of Content

Introduction
1. Research Scope
2. Market Segmentation
3. Research Methodology
4. Definitions & Assumptions
Executive Summary
Market Dynamics
1. Market Drivers
2. Market Restraints
3. Market Opportunities
Key Insights
1. Key Emerging Trends – For Major Countries
2. Latest Technological Advancement
3. Insight on Regulatory Landscape
4. Porters Five Forces Analysis
5. Impact of COVID-19 on the Propane Market
Global Propane Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034
1. Key Findings
2. Market Analysis, Insights and Forecast – By Grade
  1. HD-5
  2. HD-10
  3. Commercial
3. Market Analysis, Insights and Forecast – By End-user
  1. Residential
  2. Commercial
  3. Industrial
  4. Others
4. Market Analysis, Insights and Forecast – By Region
  1. North America
  2. Europe
  3. Asia Pacific
  4. Latin America
  5. Middle East & Africa
North America Propane Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034
1. Key Findings
2. Market Analysis, Insights and Forecast – By Grade
  1. HD-5
  2. HD-10
  3. Commercial
3. Market Analysis, Insights and Forecast – By End-user
  1. Residential
  2. Commercial
  3. Industrial
  4. Others
4. Market Analysis, Insights and Forecast – By Country
  1. US
  2. Canada
Europe Propane Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034
1. Key Findings
2. Market Analysis, Insights and Forecast – By Grade
  1. HD-5
  2. HD-10
  3. Commercial
3. Market Analysis, Insights and Forecast – By End-user
  1. Residential
  2. Commercial
  3. Industrial
  4. Others
4. Market Analysis, Insights and Forecast – By Country
  1. Russia
  2. Germany
  3. France
  4. Italy
  5. UK
  6. Rest of the Europe
Asia Pacific Propane Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034
1. Key Findings
2. Market Analysis, Insights and Forecast – By Grade
  1. HD-5
  2. HD-10
  3. Commercial
3. Market Analysis, Insights and Forecast – By End-user
  1. Residential
  2. Commercial
  3. Industrial
  4. Others
4. Market Analysis, Insights and Forecast – By Country
  1. China
  2. India
  3. Japan
  4. South Korea
  5. Australia
  6. Rest of Asia Pacific
Latin America Propane Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034
1. Key Findings
2. Market Analysis, Insights and Forecast – By Grade
  1. HD-5
  2. HD-10
  3. Commercial
3. Market Analysis, Insights and Forecast – By End-user
  1. Residential
  2. Commercial
  3. Industrial
  4. Others
4. Market Analysis, Insights and Forecast – By Country
  1. Brazil
  2. Mexico
  3. Rest of Latin America
Middle East & Africa Propane Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034
1. Key Findings
2. Market Analysis, Insights and Forecast – By Grade
  1. HD-5
  2. HD-10
  3. Commercial
3. Market Analysis, Insights and Forecast – By End-user
  1. Residential
  2. Commercial
  3. Industrial
  4. Others
4. Market Analysis, Insights and Forecast – By Country
  1. Saudi Arabia
  2. Turkey
  3. Rest of Middle East & Africa
Competitive Analysis
1. Company Market Share Analysis, 2025
2. Company Profile
  1. BP plc
    1. Business Overview
    2. Product Application, & Services
    3. Recent Developments
    4. Financials (Based on Availability)
  2. Chevron Corporation
    1. Business Overview
    2. Product Application, & Services
    3. Recent Developments
    4. Financials (Based on Availability)
  3. Royal Dutch Shell plc
    1. Business Overview
    2. Product Application, & Services
    3. Recent Developments
    4. Financials (Based on Availability)
  4. Exxon Mobil Corporation
    1. Business Overview
    2. Product Application, & Services
    3. Recent Developments
    4. Financials (Based on Availability)
  5. ConocoPhillips
    1. Business Overview
    2. Product Application, & Services
    3. Recent Developments
    4. Financials (Based on Availability)
  6. Reliance Industries Ltd.
    1. Business Overview
    2. Product Application, & Services
    3. Recent Developments
    4. Financials (Based on Availability)
  7. PetroChina Company Limited
    1. Business Overview
    2. Product Application, & Services
    3. Recent Developments
    4. Financials (Based on Availability)
  8. Sinopec
    1. Business Overview
    2. Product Application, & Services
    3. Recent Developments
    4. Financials (Based on Availability)
  9. Total SA
    1. Business Overview
    2. Product Application, & Services
    3. Recent Developments
    4. Financials (Based on Availability)
  10. AmeriGas Propane, Inc.
    1. Business Overview
    2. Product Application, & Services
    3. Recent Developments
    4. Financials (Based on Availability)

Introduction
1. Research Scope
2. Market Segmentation
3. Research Methodology
4. Definitions & Assumptions
Executive Summary
Market Dynamics
1. Market Drivers
2. Market Restraints
3. Market Opportunities
Key Insights
1. Key Emerging Trends – For Major Countries
2. Latest Technological Advancement
3. Insight on Regulatory Landscape
4. Porters Five Forces Analysis
5. Impact of COVID-19 on the Propane Market
Global Propane Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034
1. Key Findings
2. Market Analysis, Insights and Forecast – By Grade
  1. HD-5
  2. HD-10
  3. Commercial
3. Market Analysis, Insights and Forecast – By End-user
  1. Residential
  2. Commercial
  3. Industrial
  4. Others
4. Market Analysis, Insights and Forecast – By Region
  1. North America
  2. Europe
  3. Asia Pacific
  4. Latin America
  5. Middle East & Africa
North America Propane Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034
1. Key Findings
2. Market Analysis, Insights and Forecast – By Grade
  1. HD-5
  2. HD-10
  3. Commercial
3. Market Analysis, Insights and Forecast – By End-user
  1. Residential
  2. Commercial
  3. Industrial
  4. Others
4. Market Analysis, Insights and Forecast – By Country
  1. US
  2. Canada
Europe Propane Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034
1. Key Findings
2. Market Analysis, Insights and Forecast – By Grade
  1. HD-5
  2. HD-10
  3. Commercial
3. Market Analysis, Insights and Forecast – By End-user
  1. Residential
  2. Commercial
  3. Industrial
  4. Others
4. Market Analysis, Insights and Forecast – By Country
  1. Russia
  2. Germany
  3. France
  4. Italy
  5. UK
  6. Rest of the Europe
Asia Pacific Propane Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034
1. Key Findings
2. Market Analysis, Insights and Forecast – By Grade
  1. HD-5
  2. HD-10
  3. Commercial
3. Market Analysis, Insights and Forecast – By End-user
  1. Residential
  2. Commercial
  3. Industrial
  4. Others
4. Market Analysis, Insights and Forecast – By Country
  1. China
  2. India
  3. Japan
  4. South Korea
  5. Australia
  6. Rest of Asia Pacific
Latin America Propane Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034
1. Key Findings
2. Market Analysis, Insights and Forecast – By Grade
  1. HD-5
  2. HD-10
  3. Commercial
3. Market Analysis, Insights and Forecast – By End-user
  1. Residential
  2. Commercial
  3. Industrial
  4. Others
4. Market Analysis, Insights and Forecast – By Country
  1. Brazil
  2. Mexico
  3. Rest of Latin America
Middle East & Africa Propane Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034
1. Key Findings
2. Market Analysis, Insights and Forecast – By Grade
  1. HD-5
  2. HD-10
  3. Commercial
3. Market Analysis, Insights and Forecast – By End-user
  1. Residential
  2. Commercial
  3. Industrial
  4. Others
4. Market Analysis, Insights and Forecast – By Country
  1. Saudi Arabia
  2. Turkey
  3. Rest of Middle East & Africa
Competitive Analysis
1. Company Market Share Analysis, 2025
2. Company Profile
  1. BP plc
    1. Business Overview
    2. Product Application, & Services
    3. Recent Developments
    4. Financials (Based on Availability)
  2. Chevron Corporation
    1. Business Overview
    2. Product Application, & Services
    3. Recent Developments
    4. Financials (Based on Availability)
  3. Royal Dutch Shell plc
    1. Business Overview
    2. Product Application, & Services
    3. Recent Developments
    4. Financials (Based on Availability)
  4. Exxon Mobil Corporation
    1. Business Overview
    2. Product Application, & Services
    3. Recent Developments
    4. Financials (Based on Availability)
  5. ConocoPhillips
    1. Business Overview
    2. Product Application, & Services
    3. Recent Developments
    4. Financials (Based on Availability)
  6. Reliance Industries Ltd.
    1. Business Overview
    2. Product Application, & Services
    3. Recent Developments
    4. Financials (Based on Availability)
  7. PetroChina Company Limited
    1. Business Overview
    2. Product Application, & Services
    3. Recent Developments
    4. Financials (Based on Availability)
  8. Sinopec
    1. Business Overview
    2. Product Application, & Services
    3. Recent Developments
    4. Financials (Based on Availability)
  9. Total SA
    1. Business Overview
    2. Product Application, & Services
    3. Recent Developments
    4. Financials (Based on Availability)
  10. AmeriGas Propane, Inc.
    1. Business Overview
    2. Product Application, & Services
    3. Recent Developments
    4. Financials (Based on Availability)

Read Less

List of Figures

Figure 01: Global Propane Market Revenue Breakdown (USD Billion, %) by Region, 2025 & 2034

Figure 02: Global Propane Market Value Share (%), By Grade, 2025 & 2034

Figure 03: Global Propane Market Forecast (USD Billion), by HD-5, 2021-2034

Figure 04: Global Propane Market Forecast (USD Billion), by HD-10, 2021-2034

Figure 05: Global Propane Market Forecast (USD Billion), by Commercial, 2021-2034

Figure 06: Global Propane Market Value Share (%), By End-user, 2025 & 2034

Figure 07: Global Propane Market Forecast (USD Billion), by Residential, 2021-2034

Figure 08: Global Propane Market Forecast (USD Billion), by Commercial, 2021-2034

Figure 09: Global Propane Market Forecast (USD Billion), by Industrial, 2021-2034

Figure 10: Global Propane Market Forecast (USD Billion), by Others, 2021-2034

Figure 11: Global Propane Market Market Value (USD Billion, Thousand MT), by Region, 2025 & 2034

Figure 12: Global Propane Market Market Value Share (%), by Region, 2025

Figure 13: North America Propane Market Value Share (%), By Grade, 2025 & 2034

Figure 14: North America Propane Market Forecast (USD Billion), by HD-5, 2021-2034

Figure 15: North America Propane Market Forecast (USD Billion), by HD-10, 2021-2034

Figure 16: North America Propane Market Forecast (USD Billion), by Commercial, 2021-2034

Figure 17: North America Propane Market Value Share (%), By End-user, 2025 & 2034

Figure 18: North America Propane Market Forecast (USD Billion), by Residential, 2021-2034

Figure 19: North America Propane Market Forecast (USD Billion), by Commercial, 2021-2034

Figure 20: North America Propane Market Forecast (USD Billion), by Industrial, 2021-2034

Figure 21: North America Propane Market Forecast (USD Billion), by Others, 2021-2034

Figure 22: North America Propane Market Market Value (USD Billion), by Country, 2025 & 2034

Figure 23: North America Propane Market Market Value Share (%), by Country, 2025

Figure 24: Europe Propane Market Value Share (%), By Grade, 2025 & 2034

Figure 25: Europe Propane Market Forecast (USD Billion), by HD-5, 2021-2034

Figure 26: Europe Propane Market Forecast (USD Billion), by HD-10, 2021-2034

Figure 27: Europe Propane Market Forecast (USD Billion), by Commercial, 2021-2034

Figure 28: Europe Propane Market Value Share (%), By End-user, 2025 & 2034

Figure 29: Europe Propane Market Forecast (USD Billion), by Residential, 2021-2034

Figure 30: Europe Propane Market Forecast (USD Billion), by Commercial, 2021-2034

Figure 31: Europe Propane Market Forecast (USD Billion), by Industrial, 2021-2034

Figure 32: Europe Propane Market Forecast (USD Billion), by Others, 2021-2034

Figure 33: Europe Propane Market Market Value (USD Billion), by Country, 2025 & 2034

Figure 34: Europe Propane Market Market Value Share (%), by Country, 2025

Figure 35: Asia Pacific Propane Market Value Share (%), By Grade, 2025 & 2034

Figure 36: Asia Pacific Propane Market Forecast (USD Billion), by HD-5, 2021-2034

Figure 37: Asia Pacific Propane Market Forecast (USD Billion), by HD-10, 2021-2034

Figure 38: Asia Pacific Propane Market Forecast (USD Billion), by Commercial, 2021-2034

Figure 39: Asia Pacific Propane Market Value Share (%), By End-user, 2025 & 2034

Figure 40: Asia Pacific Propane Market Forecast (USD Billion), by Residential, 2021-2034

Figure 41: Asia Pacific Propane Market Forecast (USD Billion), by Commercial, 2021-2034

Figure 42: Asia Pacific Propane Market Forecast (USD Billion), by Industrial, 2021-2034

Figure 43: Asia Pacific Propane Market Forecast (USD Billion), by Others, 2021-2034

Figure 44: Asia Pacific Propane Market Market Value (USD Billion), by Country, 2025 & 2034

Figure 45: Asia Pacific Propane Market Market Value Share (%), by Country, 2025

Figure 46: Latin America Propane Market Value Share (%), By Grade, 2025 & 2034

Figure 47: Latin America Propane Market Forecast (USD Billion), by HD-5, 2021-2034

Figure 48: Latin America Propane Market Forecast (USD Billion), by HD-10, 2021-2034

Figure 49: Latin America Propane Market Forecast (USD Billion), by Commercial, 2021-2034

Figure 50: Latin America Propane Market Value Share (%), By End-user, 2025 & 2034

Figure 51: Latin America Propane Market Forecast (USD Billion), by Residential, 2021-2034

Figure 52: Latin America Propane Market Forecast (USD Billion), by Commercial, 2021-2034

Figure 53: Latin America Propane Market Forecast (USD Billion), by Industrial, 2021-2034

Figure 54: Latin America Propane Market Forecast (USD Billion), by Others, 2021-2034

Figure 55: Latin America Propane Market Market Value (USD Billion), by Country, 2025 & 2034

Figure 56: Latin America Propane Market Market Value Share (%), by Country, 2025

Figure 57: Middle East & Africa Propane Market Value Share (%), By Grade, 2025 & 2034

Figure 58: Middle East & Africa Propane Market Forecast (USD Billion), by HD-5, 2021-2034

Figure 59: Middle East & Africa Propane Market Forecast (USD Billion), by HD-10, 2021-2034

Figure 60: Middle East & Africa Propane Market Forecast (USD Billion), by Commercial, 2021-2034

Figure 61: Middle East & Africa Propane Market Value Share (%), By End-user, 2025 & 2034

Figure 62: Middle East & Africa Propane Market Forecast (USD Billion), by Residential, 2021-2034

Figure 63: Middle East & Africa Propane Market Forecast (USD Billion), by Commercial, 2021-2034

Figure 64: Middle East & Africa Propane Market Forecast (USD Billion), by Industrial, 2021-2034

Figure 65: Middle East & Africa Propane Market Forecast (USD Billion), by Others, 2021-2034

Figure 66: Middle East & Africa Propane Market Market Value (USD Billion), by Country, 2025 & 2034

Figure 67: Middle East & Africa Propane Market Market Value Share (%), by Country, 2025

Figure 68: Company Market Share Analysis (%), 2025

List of Tables

Table 01: Global Propane Market Revenue (USD Billion) Forecast, By Grade, 2021–2034

Table 02: Global Propane Market Revenue (USD Billion) Forecast, By End-user, 2021–2034

Table 03: Global Propane Market Revenue (USD Billion) Forecast, By Region, 2021–2034

Table 04: North America Propane Market Revenue (USD Billion) Forecast, By Grade, 2021–2034

Table 05: North America Propane Market Revenue (USD Billion) Forecast, By End-user, 2021–2034

Table 06: North America Propane Market Revenue (USD Billion) Forecast, By Country, 2021–2034

Table 07: Europe Propane Market Revenue (USD Billion) Forecast, By Grade, 2021–2034

Table 08: Europe Propane Market Revenue (USD Billion) Forecast, By End-user, 2021–2034

Table 09: Europe Propane Market Revenue (USD Billion) Forecast, By Country, 2021–2034

Table 10: Asia Pacific Propane Market Revenue (USD Billion) Forecast, By Grade, 2021–2034

Table 11: Asia Pacific Propane Market Revenue (USD Billion) Forecast, By End-user, 2021–2034

Table 12: Asia Pacific Propane Market Revenue (USD Billion) Forecast, By Country, 2021–2034

Table 13: Latin America Propane Market Revenue (USD Billion) Forecast, By Grade, 2021–2034

Table 14: Latin America Propane Market Revenue (USD Billion) Forecast, By End-user, 2021–2034

Table 15: Latin America Propane Market Revenue (USD Billion) Forecast, By Country, 2021–2034

Table 16: Middle East & Africa Propane Market Revenue (USD Billion) Forecast, By Grade, 2021–2034

Table 17: Middle East & Africa Propane Market Revenue (USD Billion) Forecast, By End-user, 2021–2034

Table 18: Middle East & Africa Propane Market Revenue (USD Billion) Forecast, By Country, 2021–2034

STUDY PERIOD: 2021-2034
BASE YEAR: 2025
HISTORICAL DATA: 2021-2024
NO OF PAGES: 167

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