Propane Market Forecast Report To 2020: Grand View Research, Inc.

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Propane Market Analysis, Market Size, Analysis
2014 To 2020

• Grand View Research has announced the addition of
  "Global Propane Market Analysis And Segment
  Forecasts To 2020" Market Research report to
  their Database

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• Global propane market is anticipated to witness
  significant growth over the next six years on
  account of increasing demand from central heating
  and LPG end-users. Increasing application scope
  of propane as automobile fuel coupled with
  lucrative growth in vehicle sales in emerging
  countries including India, China and Brazil is
  further expected to propel the market growth over
  the forecast period. Technological advancements
  in internal combustion engines is anticipated to
  open several growth opportunities for the market
  in major applications including propane fuelled
  vehicles, irrigation pumps and commercial lawn
  mowers over the next six years. Increasing
  application scope of propane in plastic
  manufacturing is also anticipated to fuel market
  growth over the forecast period.
• Furthermore, high demand for plastics from
  various end-use industries including automotive,
  aerospace and transportation is further expected
  to have positive impact on propane market growth
  over the next six years. Increasing demand for
  propane from other end-users including
  agriculture, industrial and commercial for
  heating applications is likely to drive the
  market further. Rising demand for energy coupled
  with increasing awareness towards global warming
  is expected to significantly propel market growth
  over the projected period. Olefin producers have
  been shifting their demand from naphtha towards
  propane on account of increasing naphtha prices
  is expected to boost propane demand over the next
  six years. In addition, improved efficiency of
  substitutes including natural gas and electricity
  coupled with increasing propane prices is
  anticipated to have negative impact on the market
  over the forecast period.
• For More Information on "Propane Market Research
  Reports" visit - http//www.grandviewresearch.com/
  industry-analysis/propane-market

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• Key players of propane market include BASF SE,
  Evonik Industries, Valero Energy Corporation,
  Sinopec, Chevron Corporation, Exxon Mobil Corp.,
  BP plc, Reliance Industries Limited and PDVSA.
  SHV energy agreed to market and distribute
  biopropane produced at Neste Oil Corporation to
  major European countries including France,
  Germany, Scandinavia, Benelux and the U.K.
  Biopropane is expected to replace existing fossil
  fuel application in various industries and
  significantly result in carbon savings.

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• Request TOC of Propane Market Research Reports"
  visit http//www.grandviewresearch.com/industry-
  analysis/propane-market/request-toc
• About Grand View ResearchGrand View Research,
  Inc. is a U.S. based market research and
  consulting company, registered in the State of
  California and headquartered in San Francisco.
  The company provides syndicated research reports,
  customized research reports, and consulting
  services. To help clients make informed business
  decisions, the company offers market intelligence
  studies ensuring relevant and fact-based research
  across a range of industries including
  technology, chemicals, materials, healthcare and
  energyContactSherry JamesCorporate Sales
  Specialist, U.S.A.Grand View Research,
  Inc.United StatesPhone 1-415-349-0058Toll
  Free 1-888-202-9519Email sales_at_grandviewresearc
  h.comWebsite Grand View ResearchBlog Site
  http//www.divog.org/
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