The key industry players operating in liquefied petroleum gas storage market are
NGL Energy Partners LP
Enterprise Products Partners L.P
Vitol, Royal Vopak
China Petroleum & Chemical Corporation
Phillips 66 Company
TotalEnergies
SHV Energy
Suburban Propane
AmeriGas Propane, Inc.
Flogas
Petredec Pte Limited
PT Pertamina (Persero)
Emirates Gas
Energy Transfer LP
McDermott
TransTech Energy, LLC
VTTI
OMERA LPG
Oiltanking GmbH
Authors:
Ankit Gupta, Abhishek chopra
Frequently Asked Questions (FAQ) :
Liquefied Petroleum Gas Storage industry was valued USD 81.25 billion in 2022 and is anticipated to excel at a CAGR of 1.2% through 2032, backed by the ongoing transition toward clean fuels.
The pressurized tanks segment is projected to surpass over USD 80 billion by 2032 as these tanks are designed to maintain LPG in its liquid state under pressure, enabling its high energy density and ease of transportation.
North America LPG storage market will account for over USD 45 billion by 2032, owing to abundant availability of shale gas and increased LPG production in the region.
SHV Energy, Suburban Propane, AmeriGas Propane, Inc., Flogas, Petredec Pte Limited, PT Pertamina (Persero), Emirates Gas, Energy Transfer LP, McDermott, TransTech Energy, LLC, VTTI, OMERA LPG, and Oiltanking GmbH among others.