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Global Liquefied Petroleum Gas (LPG) Market: Industry Size, Share, Segments, Growth and Forecast, 2018–2025 Liquid petroleum gas (LPG) sales in 2013 totaled US$233.83 billion and are expected to rise to US$299.05 billion by 2020, according to a new report. From 2014 to 2023, it is expected to grow at a CAGR of 3.40 percent. In the report's title, "Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 - 2020," Liquefied Petroleum Gas (LPG) is discussed. Known as propane or butane, LPG is a combustible mixture of hydrocarbon gases that is also known as a liquid petroleum gas (LPG) . It is used as a fuel in a variety of products, including heaters, cars, and kitchen appliances. It is commonly known as auto gas when used to fuel a vehicle. This gas replaces chlorofluorocarbons, which harm the ozone layer when used as a refrigerant and aerosol propellant. It can be used in a variety of ways, including as a fuel cylinder in the hospitality, agriculture, recr...