Propane Market Outlook for Forecast Period (2023 to 2030) Propane Market size is projected to reach USD 175.85 billion in 2028 from an estimated USD 151 billion in 2021, growing at a CAGR of 2.2% globally.
Propane is derived as a by-product of natural gas processing and crude oil refining. It is a three-carbon alkane classified as one of the liquefied petroleum gases with the molecular formula C3H8. There are two ways in which propane is processed...
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