Dubai LPG Market Growth, Size, Trends, Revenue, Scope, Challenges and Future Opportunities
Dubai LPG Market Size- By Application, By Source, By Cylinder Capacity- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Jun-2023 | Report ID: POAE2339 | Pages: 1 - 101 | Formats*: |
| Category : Power & Energy | |||
Dubai Liquefied Petroleum Gas (LPG) Market Overview
According to SPER Market Research, the Dubai LPG Market is estimated to grow with a CAGR 8.1% in the forecast period.
Commercial liquefied petroleum gas (LPG), is a blend of propane and butane liquefied gases. It is derived from either natural gas or petroleum. LPG is liquefied for transportation before being vaporised and used as a heating fuel, engine fuel, or feedstock in the petrochemical or chemical industries. A volume of LPG liquid can range between 2300 and 13,500 times the volume of gas in air. In high concentrations, LPG vapour is anaesthetic and asphyxiant. LPGs have no colour, no odour, are noncorrosive, and are harmless. Because of its low viscosity, it is more likely to locate a leakage path than other petroleum products. When there is a leak, it spreads to the surface, accompanied by an apparent fog of condensed water vapour, the flammable vapour combination, however, goes beyond the observable area.
Exploring the Growth Drivers of the Dubai LPG Industry
The Liquefied Petroleum Gas (LPG) Market in Dubai experiences growth due to various factors. For starters, Dubai's burgeoning population and expanding industrial sector have resulted in an increase in LPG consumption. In the residential, commercial, and industrial sectors, LPG is preferred as a versatile and clean-burning fuel, replacing traditional fuels such as diesel and kerosene. Second, the Dubai government has put in place supportive policies such as subsidies, incentives, infrastructure development, and regulatory frameworks, which have created a favourable business environment and stimulated market expansion. Finally, the environmental benefits of LPG, such as lower greenhouse gas emissions and reduced air pollution, align with the growing emphasis on sustainable energy sources, boosting the acceptance of LPG as a cleaner alternative.
Additionally, LPG has expanded beyond traditional uses in residential and commercial sectors to become a popular automotive fuel, especially for taxis and fleets. Its lower emissions and cost-effectiveness have driven this shift. This diversification has opened up new market segments and fuelled overall market growth, showcasing LPG's versatility and ability to meet evolving consumer demands.
What challenges does the Dubai Liquefied Petroleum Gas (LPG) Market face?
The Dubai LPG market encounters challenges that can impede its growth. Price volatility due to global market dynamics affects LPG costs, creating uncertainty for consumers. Competition from alternative fuels like natural gas and renewable energy poses challenges, considering their availability and government incentives. Infrastructure limitations, including insufficient storage capacity and distribution networks, hinder efficient supply and accessibility of LPG, particularly in remote areas. Overcoming these challenges requires strategies to manage price fluctuations, promote LPG's advantages, and invest in infrastructure development to ensure steady market growth.
In what ways has the COVID-19 pandemic affected Dubai LPG Market?
The Dubai LPG market was significantly affected by the COVID-19 pandemic. Lockdown measures and reduced economic activity led to fluctuations in energy demand, causing a decline in LPG consumption. Global supply chains were disrupted, resulting in delays and shortages of LPG due to trade restrictions and logistical challenges. The pandemic-induced market instability and the sharp decline in oil prices affected LPG pricing, creating price volatility and making it difficult for consumers and businesses to manage expenses. These factors caused uncertainties in the short and long term, impacting the Dubai LPG market's outlook and operations.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Application, By Source, By Cylinder Capacity |
| Regions covered | Bur Dubai, Deira, Jebel Ali, Jumeirah, Rest of Dubai |
| Companies Covered | Smart Gas, Emirates Gas LLC (Emirates National Oil Company), United Gas Company LLC, ADNOC Distribution, Brothers Gas, Dubai Oil & Gas Company LLC, AD LPG, Lootah BC, Dubai Fuel Supply and Emirates General Petroleum Corporation (Emarat) |
Key Target Audience
- Automotive Sector
- Commercial and Industrial Sector
- Government and Regulatory Bodies
- LPG Distributors and Suppliers
- Residential Consumers
- Others
Dubai Liquefied Petroleum Gas (LPG) Market Segmentation:
1. By Application:
- Dubai LPG Market Value Share and Forecast, By Application, 2023-2033
- Agriculture
- Commercial
- Industrial
- Residential
- Transportation
2. By Source:
- Dubai LPG Market Value Share and Forecast, By Source, 2023-2033
- Associated Gas
- Non-Associated Gas
- Refinery
3. By Cylinder Capacity:
- Dubai LPG Market Value Share and Forecast, By Cylinder Capacity, 2023-2033
- 5kg
- 11-12.6kg
- 13-14.2kg
- 15-16.5kg
- 19-29.5kg
- More than 29.5kg
4. By Region:
- Bur Dubai
- Deira
- Jebel Ali
- Jumeirah
- Rest of Dubai
Key Topics Covered in the Report
- Dubai LPG Market Size (FY’2023-FY’2033)
- Overview of Dubai LPG Market
- Segmentation of Dubai LPG Market By Application (Agriculture, Commercial, Industrial, Residential, Transportation)
- Segmentation of Dubai LPG Market By Source (Associated Gas, Non-Associated Gas, Refinery)
- Segmentation of Dubai LPG Market By Cylinder Capacity (5kg, 11-12.6kg, 13-14.2kg, 15-16.5kg, 19-29.5kg, More than 29.5kg)
- Statistical Snap of Dubai Liquefied Petroleum Gas (LPG) Market
- Expansion Analysis of Dubai LPG Market
- Problems and Obstacles in Dubai LPG Market
- Competitive Landscape in the Dubai Liquefied Petroleum Gas (LPG) Market
- Impact of COVID-19 and Demonetization on Dubai LPG Market
- Details on Current Investment in Dubai LPG Market
- Competitive Landscape of Dubai LPG Market
- Prominent Players in the Dubai Liquefied Petroleum Gas (LPG) Market
- SWOT Analysis of Dubai LPG Market
- Dubai LPG Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Dubai LPG Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Dubai LPG Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Dubai LPG Market
7. Dubai LPG Market, By Application (USD Million)
7.1. Dubai LPG Market Value Share and Forecast, By Application, 2023-20337.2. Agriculture7.3. Commercial7.4. Industrial7.5. Residential7.6. Transportation
8. Dubai LPG Market, By Source (USD Million)
8.1. Dubai LPG Market Value Share and Forecast, By Source, 2023-20338.2. Associated Gas8.3. Non-Associated Gas8.4. Refinery
9. Dubai LPG Market, By Cylinder Capacity (USD Million)
9.1. Dubai LPG Market Value Share and Forecast, By Cylinder Capacity, 2023-20339.2. 5kg9.3. 11-12.6kg9.4. 13-14.2kg9.5. 15-16.5kg9.6. 19-29.5kg9.7. More than 29.5kg
10. Dubai LPG Market Forecast, 2019-2033 (USD Million)
10.1. Dubai LPG Market Size and Market Share
11. Dubai LPG Market, By Application, 2019-2033 (USD Million)
11.1. Dubai LPG Market Size and Market Share by Application (2019-2026)11.2. Dubai LPG Market Size and Market Share by Application (2027-2033)
12. Dubai LPG Market, By Source, 2019-2033 (USD Million)
12.1. Dubai LPG Market Size and Market Share by Source (2019-2026)12.2. Dubai LPG Market Size and Market Share by Source (2027-2033)
13. Dubai LPG Market, By Cylinder Capacity, 2019-2033 (USD Million)
13.1. Dubai LPG Market Size and Market Share by Cylinder Capacity (2019-2026)13.2. Dubai LPG Market Size and Market Share by Cylinder Capacity (2027-2033)
14. Dubai LPG Market, By Region, 2019-2033 (USD Million)
14.1. Dubai LPG Market Size and Market Share by Region (2019-2026)14.2. Dubai LPG Market Size and Market Share by Region (2027-2033)14.3. Bur Dubai14.4. Deira14.5. Jebel Ali14.6. Jumeirah14.7. Rest of Dubai
15. Company Profile
15.1. AD LPG
15.1.1. Company details15.1.2. Financial outlook15.1.3. Product summary15.1.4. Recent developments
15.2. ADNOC Distribution
15.2.1. Company details15.2.2. Financial outlook15.2.3. Product summary15.2.4. Recent developments
15.3. Brothers Gas
15.3.1. Company details15.3.2. Financial outlook15.3.3. Product summary15.3.4. Recent developments
15.4. Dubai Fuel Supply
15.4.1. Company details15.4.2. Financial outlook15.4.3. Product summary15.4.4. Recent developments
15.5. Dubai Oil & Gas Company LLC
15.5.1. Company details15.5.2. Financial outlook15.5.3. Product summary15.5.4. Recent developments
15.6. Emirates Gas LLC (Emirates National Oil Company)
15.6.1. Company details15.6.2. Financial outlook15.6.3. Product summary15.6.4. Recent developments
15.7. Emirates General Petroleum Corporation (Emarat)
15.7.1. Company details15.7.2. Financial outlook15.7.3. Product summary15.7.4. Recent developments
15.8. Lootah BC
15.8.1. Company details15.8.2. Financial outlook15.8.3. Product summary15.8.4. Recent developments
15.9. Smart Gas
15.9.1. Company details15.9.2. Financial outlook15.9.3. Product summary15.9.4. Recent developments
15.10. United Gas Company LLC
15.10.1. Company details15.10.2. Financial outlook15.10.3. Product summary15.10.4. Recent developments
15.11. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Dubai LPG Market is projected to reach USD XX billion by 2033, growing at a CAGR of 8.1% during the forecast period.
Dubai LPG Market grew in market size from 2022. The Market is expected to reach USD XX billion by 2033, at a CAGR of 8.1% during the forecast period.
Dubai LPG Market CAGR of 8.1% during the forecast period.
You can get the sample pages by clicking the link - Click Here
Dubai LPG Market size is USD XX billion from 2023 to 2033.
Dubai LPG Market Segment is covered By Application, By Source, By Cylinder Capacity.
The Middle East region is anticipated to have the highest market share in the Dubai LPG Market.
The key players in the market include Companies Covered Smart Gas, Emirates Gas LLC (Emirates National Oil Company), United Gas Company LLC, ADNOC Distribution, Brothers Gas, Dubai Oil & Gas Company LLC, AD LPG, Lootah BC, Dubai Fuel Supply and Emirates General Petroleum Corporation (Emarat).
A volume of LPG liquid can range between 2300 and 13,500 times the volume of gas in air. In high concentrations, LPG vapour is anaesthetic and asphyxiant. LPGs have no colour, no odour, are noncorrosive, and are harmless.
PLACE AN ORDER
Year End Discount
Sample Report
Pre-Purchase Inquiry
NEED CUSTOMIZATION?
Request CustomizationCALL OR EMAIL US
100% Secure Payment
Related Reports
Have a glance of the Report
Our Global Clients
Our data-driven insights have influenced the strategy of 200+ reputed companies across the globe.
