PUBLISHER: ChemAnalyst | PRODUCT CODE: 966037
PUBLISHER: ChemAnalyst | PRODUCT CODE: 966037
The South Korea LPG market demand stood at 10 Million Tonnes in 2020 and is forecast to reach 15.8 Million Tonnes by 2030, growing at a healthy CAGR of 4.11% until 2030. A larger part of LPG consumed in South Korea is for petrochemicals (olefins) production. Due to large capacity installations in the petrochemicals sector, demand for LPG in South Korea is likely to rise exponentially as compared to the other Asian regions. Demand from the automobiles running on the fuel of LPG is further expected to boost the LPG market growth. Since the onset of COVID-19, the demand from the industrial and commercial sectors has faced a setback. Disruption in the supply chain and the temporary closure of the end-user industries to contain the spread of novel coronavirus is further expected to accelerate the demand for the LPG market in South Korea.
Under this subscription, you would be able to access South Korea 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 South Korea 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 South Korea LPG Capacity By Technology, 2015-2030f (000' Tonnes)
Table 4 South Korea LPG Capacity By Process, 2015-2030f (000' Tonnes)