Liquefied Petroleum Gas

Liquefied Petroleum Gas

Categories: Insights
Wishlist Share
Share Course
Page Link
Share On Social Media

Liquefied Petroleum Gas – Patent Landscape

Download Sample

Scope & Dataset

  • Analysis covers 7,928 LPG-related patents from 2010–2025.

  • Focus on technologies for producing and enhancing LPG, natural & synthetic gases, combustion additives, and hydrocarbon‑cracking processes for efficient liquid fuel generation.

Key Findings

Growth Trends

    • Steady increase in patent filings: ~500 families in 2010 to 630+ in 2022.

    • Temporary slowdown in 2016–2017, followed by strong rebound, peaking again in 2019 and continuing upward.

Technology Focus

    • Leading IPC sub‑class: F17C (storage of liquefied or compressed gases), with over 8,000 filings, heavily concentrated in China.

    • Innovation emphasis on gas transport, energy infrastructure, and clean energy sectors.

Geographical Leaders

    • USA & China: 62% of global LPG patents, signaling dominance and future market control.

    • Saudi Arabia, South Korea, and Japan also hold significant positions.

Top Players

    • UOP LLC leads with 163 patents, followed by major petrochemical, energy, and automotive firms, showing strong cross‑sector R&D activity.

Market Potential

    • Valued at USD 142.83B in 2023.

    • Projected CAGR: 7.33% (2024–2032), indicating substantial growth opportunities.

Show More
No Attachment Found
No Attachment Found