DUBLIN–(BUSINESS WIRE)–The “China LPG Market Analysis Plant Capacity, Production, Operating Efficiency, Demand & Supply, End User Industries, Distribution Channel, Region-Wise Demand, Import & Export , 2015-2030” report has been added to ResearchAndMarkets.com’s offering.
China is one of the world’s largest consumers of global LPG. The government’s increased incentivization, start-up subsidies and distribution licenses to promote increased consumption and usage of LPG fuels especially in the transport sector are set to accelerate the market growth in the forecast period. China’s LPG industry has shown moderate growth in the past five years and is anticipated to grow nearly at a CAGR of 4.7% during the forecast period. Northern and eastern coastal regions of China typically have relatively high LPG penetration due to growing demand from transport and nascent pet chem sectors.
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For more information about this report visit https://www.researchandmarkets.com/r/i1xw6c
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