About Propane Market
Propane is commonly used as a fuel in barbeques and portable gas stoves due to its relatively low boiling point compared with other fuels. It is also used as a propellant, refrigerant, automobile fuel, and petrochemical feedstock apart from use as a fuel in agricultural equipment such as in irrigation engines, grain dryers, and lawn mowers. The spend momentum of this market will be attributed to the increasing consumption of propane in the autogas sector, especially by the LPG gas segment that uses propane as an intermediate product. The LPG gas from the auto sector will witness a high demand in the coming years owing to a rise in the use of LPG gas as an alternative fuel for automobiles.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Propane Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
Global Propane Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Category driver
Category management strategy
Procurement best practices
Key questions answered in this report
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Propane is commonly used as a fuel in barbeques and portable gas stoves due to its relatively low boiling point compared with other fuels. It is also used as a propellant, refrigerant, automobile fuel, and petrochemical feedstock apart from use as a fuel in agricultural equipment such as in irrigation engines, grain dryers, and lawn mowers. The spend momentum of this market will be attributed to the increasing consumption of propane in the autogas sector, especially by the LPG gas segment that uses propane as an intermediate product. The LPG gas from the auto sector will witness a high demand in the coming years owing to a rise in the use of LPG gas as an alternative fuel for automobiles.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Propane Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
Global Propane Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Category driver
- A rise in spend by the chemicals sector on propane for manufacturing plastics
Category management strategy
- Look for supplier initiatives such as the level of hedging practices used, breadth of FOC services offered, and strategic selection of logistics partners
Procurement best practices
- Maintain a backup source of supply
Key questions answered in this report
- What are the market dynamics?
- What are the key market trends?
- What are the category growth drivers?
- What are the constraints on category growth?
- Who are the suppliers in this market?
- What are the demand-supply shifts?
- What are the major category requirements?
- What are the procurement best practices in this market?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: MARKET INSIGHTS
PART 03: CATEGORY PRICING INSIGHTS
PART 04: COST-SAVING OPPORTUNITIES
PART 05: BEST PRACTICES
PART 06: CATEGORY ECOSYSTEM
PART 07: CATEGORY MANAGEMENT STRATEGY
PART 08: CATEGORY MANAGEMENT ENABLERS
PART 09: SUPPLIERS SELECTION
PART 10: SUPPLIERS UNDER COVERAGE
PART 11: US MARKET INSIGHTS
PART 12: CATEGORY DEFINITION
PART 13: APPENDIX
Companies Mentioned
- Exxon Mobil Corp
- BP Plc
- TOTAL SA
- Royal Dutch Shell Plc
- Chevron Corp
- China National Petroleum Corp.
Methodology
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