China Propane Market Outlook | Industry, Trends, Analysis, COVID-19 IMPACT, Value, Growth, Companies, Revenue, Forecast, Share & Size

Market Forecast By Applications (Industrial, Commercial, Residential, Transportation, Agriculture, Chemicals and Refineries) And Competitive Landscape
Product Code: ETC088480 Publication Date: Jun 2021 Updated Date: Oct 2025 Product Type: Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

China Propane Market Top 5 Importing Countries and Market Competition (HHI) Analysis

China propane import market remains robust in 2024, with the USA, UAE, Qatar, Oman, and Kuwait emerging as the top exporting countries. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure. A remarkable compound annual growth rate (CAGR) of 30.03% from 2020 to 2024 demonstrates sustained expansion. Moreover, the growth rate spiked at 17.74% from 2023 to 2024, showcasing the increasing demand for propane in China. These trends underscore the significant role of these key exporting nations in meeting China propane needs and shaping the market dynamics.

China Propane Market Top 5 Importing Countries and Market Competition (HHI) Analysis

China Propane Market Overview

The Propane market in China is expanding due to the increasing use of propane as a clean and efficient energy source. Propane is widely used for heating, cooking, and industrial applications. The market growth is driven by the rising demand for alternative fuels, advancements in propane storage and distribution technologies, and government initiatives promoting cleaner energy sources. Chinese producers are focusing on enhancing propane infrastructure and ensuring a reliable supply to meet growing energy needs.

Drivers of the market

The Propane market in China is influenced by the demand for propane used as a fuel for heating, cooking, and industrial applications. Propane offers benefits such as high energy content, low emissions, and versatility. Market growth is driven by increasing demand for clean energy solutions, expanding industrial applications, and advancements in propane distribution and storage technologies.

Challenges of the market

The propane market in China encounters challenges related to fluctuating raw material prices and regulatory constraints. The cost of propane production and distribution is influenced by the volatility of crude oil and natural gas prices. Additionally, the market must navigate complex regulations concerning safety standards and environmental impact. Competition from alternative energy sources and the need to enhance distribution infrastructure also influence market dynamics.

Government Policy of the market

The propane market in China is shaped by government policies focusing on energy safety and environmental standards. The government establishes performance and safety standards for propane production and usage to ensure they meet industry requirements. Policies support the development and adoption of advanced propane technologies, addressing concerns related to safety, efficiency, and environmental impact. These measures aim to enhance the reliability and sustainability of propane as an energy source.

Key Highlights of the Report:

  • China Propane Market Outlook
  • Market Size of China Propane Market, 2024
  • Forecast of China Propane Market, 2031
  • Historical Data and Forecast of China Propane Revenues & Volume for the Period 2018 - 2031
  • China Propane Market Trend Evolution
  • China Propane Market Drivers and Challenges
  • China Propane Price Trends
  • China Propane Porter's Five Forces
  • China Propane Industry Life Cycle
  • Historical Data and Forecast of China Propane Market Revenues & Volume By Applications for the Period 2018 - 2031
  • Historical Data and Forecast of China Propane Market Revenues & Volume By Industrial for the Period 2018 - 2031
  • Historical Data and Forecast of China Propane Market Revenues & Volume By Commercial for the Period 2018 - 2031
  • Historical Data and Forecast of China Propane Market Revenues & Volume By Residential for the Period 2018 - 2031
  • Historical Data and Forecast of China Propane Market Revenues & Volume By Transportation for the Period 2018 - 2031
  • Historical Data and Forecast of China Propane Market Revenues & Volume By Agriculture for the Period 2018 - 2031
  • Historical Data and Forecast of China Propane Market Revenues & Volume By Chemicals and Refineries for the Period 2018 - 2031
  • China Propane Import Export Trade Statistics
  • Market Opportunity Assessment By Applications
  • China Propane Top Companies Market Share
  • China Propane Competitive Benchmarking By Technical and Operational Parameters
  • China Propane Company Profiles
  • China Propane Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the China Propane Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the China Propane Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 China Propane Market Overview

3.1 China Country Macro Economic Indicators

3.2 China Propane Market Revenues & Volume, 2021 & 2031F

3.3 China Propane Market - Industry Life Cycle

3.4 China Propane Market - Porter's Five Forces

3.5 China Propane Market Revenues & Volume Share, By Applications, 2021 & 2031F

4 China Propane Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing industrialization and urbanization in China leading to higher demand for propane as a clean energy source.

4.2.2 Growing adoption of propane as a feedstock in the chemical industry due to its cost-effectiveness and lower emissions compared to traditional fuels.

4.2.3 Government initiatives promoting the use of clean energy sources like propane to reduce environmental pollution and meet sustainability goals.

4.3 Market Restraints

4.3.1 Fluctuating global crude oil prices impacting the cost of propane production and pricing in the market.

4.3.2 Lack of widespread infrastructure for propane storage and distribution in certain regions of China, limiting market penetration.

4.3.3 Regulatory barriers and compliance issues related to propane handling and transportation affecting market growth.

5 China Propane Market Trends

6 China Propane Market, By Types

6.1 China Propane Market, By Applications

6.1.1 Overview and Analysis

6.1.2 China Propane Market Revenues & Volume, By Applications, 2021-2031F

6.1.3 China Propane Market Revenues & Volume, By Industrial, 2021-2031F

6.1.4 China Propane Market Revenues & Volume, By Commercial, 2021-2031F

6.1.5 China Propane Market Revenues & Volume, By Residential, 2021-2031F

6.1.6 China Propane Market Revenues & Volume, By Transportation, 2021-2031F

6.1.7 China Propane Market Revenues & Volume, By Agriculture, 2021-2031F

6.1.8 China Propane Market Revenues & Volume, By Chemicals and Refineries, 2021-2031F

7 China Propane Market Import-Export Trade Statistics

7.1 China Propane Market Export to Major Countries

7.2 China Propane Market Imports from Major Countries

8 China Propane Market Key Performance Indicators

8.1 Number of new propane storage and distribution facilities established in key regions of China.

8.2 Percentage increase in propane consumption in industrial and residential sectors annually.

8.3 Average price of propane per unit in the Chinese market compared to global benchmarks.

8.4 Number of government policies or incentives supporting the use of propane in China.

8.5 Carbon emissions reduction attributed to the use of propane compared to traditional fuels in China.

9 China Propane Market - Opportunity Assessment

9.1 China Propane Market Opportunity Assessment, By Applications, 2021 & 2031F

10 China Propane Market - Competitive Landscape

10.1 China Propane Market Revenue Share, By Companies, 2024

10.2 China Propane Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

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