PUBLISHER: ChemAnalyst | PRODUCT CODE: 966033
PUBLISHER: ChemAnalyst | PRODUCT CODE: 966033
Mexico LPG industry demand stood at 11.8 Million Tonnes in 2020 and is forecast to reach 22.96 Million Tonnes by 2030, growing at a healthy CAGR of 5.34% until 2030. LPG is used as an alternative fuel to natural gas in Mexico and is responsible to satisfy more than two-thirds of the total demand from the country in the residential sector.
The high demand for LPG gas cylinders in households to utilize the fuel for cooking and heating purpose is expected to boost the demand for LPF in Mexico. The growing petrochemical industry is further contributing to the surge in the demand for the LPG market in the forecast period. Since the onset of COVID-19, the demand for LPG from industrial and commercial sectors faced a set back which affected the market growth adversely. Also, disruption in the supply chain and temporary closure of the end-user industries is further leading to the growth of the Mexico LPG market.
Under this subscription, you would be able to access Mexico LPG market demand and supply analysis on a cloud-based platform for one year. The data is updated on a near real-time basis to add any new movement in the industry including but not limited to new plant announcements, plant shutdowns, temporary disruptions in demand or supply, news and deals, and much more specific to LPG.
Years Considered for Analysis:
Historical Years: 2015 - 2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021 - 2030
This report will be delivered on an online digital platform with a one-year subscription and quarterly update.
Deliverables
To extract data for the Mexico LPG market, the ChemAnalyst team conducts primary research surveys with LPG manufacturers, suppliers, distributors, wholesalers, and customers followed by exhaustive secondary research to cross-validate the information being collected through primary research surveys.
Table 3 Mexico LPG Capacity By Technology, 2015-2030f (000' Tonnes)
Table 4 Mexico LPG Capacity By Process, 2015-2030f (000' Tonnes)