MEA Liquefied Petroleum Gas Storage Market Sizeand Segment Forecast to 2034
MEA Liquefied Petroleum Gas Storage Market Size- By Storage Type-Regional Outlook, Competitive Strategies and Segment Forecast to 2034
| Published: Aug-2025 | Report ID: POAE25164 | Pages: 1 - 255 | Formats*: |
| Category : Power & Energy | |||
MEA Liquefied Petroleum Gas Storage Market Introduction and Overview
According to SPER Market Research, the Middle East & Africa Liquefied Petroleum Gas Storage Market is estimated to reach USD 2.19 billion by 2034 with a CAGR of 7.15%.
The report includes an in-depth analysis of the Middle East & Africa Liquefied Petroleum Gas Storage Market, including market size and trends, product mix, Applications, and supplier analysis. The market for liquefied petroleum gas (LPG) storage in the Middle East and Africa is expanding steadily as a result of growing urbanization, rising energy consumption, and a regional trend toward cleaner fuel substitutes. Through the implementation of advantageous laws, subsidies, and infrastructure development measures, governments around the area are promoting the adoption of LPG. This is especially crucial in rural regions where there is a greater reliance on conventional fuels like wood and charcoal. Furthermore, investments in more contemporary and secure storage technologies are raising safety standards and operational effectiveness.
By Storage Type Insights
By 2034, the market for pressurized tanks is expected to be substantially dominated. Because LPG storage tanks keep LPG liquid under pressure, they contribute to better product deployment. High energy density and efficient transportation are made possible by this. These tanks are appropriate for both commercial and residential uses because of their great capacity in a small space.
By Regional Insights
By 2034, the Saudi Arabian market for liquefied petroleum gas storage is expected to grow significantly. The nation's shale gas resources are widely available, and the business is expanding because of the increased focus on LPG production brought on by growing energy demands and population growth.
Market Competitive Landscape
The market for liquefied petroleum gas (LPG) storage in the Middle East and Africa is expanding significantly due to rising energy consumption, urbanization, and a move toward cleaner fuel substitutes. Some of the key market players are Abou Seif, Al Dossary Encore, Al-Gaswa Steel, Arslan Engineering, Cryocan, Enagas, Emirates Gas, Harsan Tanker, ISISAN, and Karbonsan.
Recent Developments:
In December 2023, In Mombasa, Taifa Gas Investment SEZ Limited is building a facility for storing liquefied petroleum gas (LPG). The business's foray into the Kenyan market enhances East African trade ties. With a USD 130 million investment, the project includes a 30,000-metric-ton LPG storage facility in the Dongo Kundu Special Economic Zone.
In October 2024, ISISAN made a significant investment to expand its manufacturing less than a year ago in order to satisfy the increasing demands of both imports and exports. This facility occupies 52,000 square meters, and the expansion allowed the business to continue producing while guaranteeing quick response times, effective deadline management, and constant product quality.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2021-2034 |
| Base year considered | 2024 |
| Forecast period | 2025-2034 |
| Segments covered | By Storage Type |
| Regions covered | Kingdom of Saudi Arabia, United Arab Emirates, Qatar, South Africa, Egypt, Morocco, Nigeria, Rest of Middle-East and Africa. |
| Companies Covered | Abou Seif, Al Dossary Encore, Al-Gaswa Steel, Arslan Engineering, Cryocan, Enagas, Emirates Gas, Harsan Tanker, ISISAN, Karbonsan. |
Key Topics Covered in the Report
- Middle East & Africa Liquefied Petroleum Gas Storage Market Size (FY’2021-FY’2034)
- Overview of Middle East & Africa Liquefied Petroleum Gas Storage Market
- Segmentation of Middle East & Africa Liquefied Petroleum Gas Storage Market By Storage Type (Pressurized tanks, Refrigerated tanks)
- Statistical Snap of Middle East & Africa Liquefied Petroleum Gas Storage Market
- Expansion Analysis of Middle East & Africa Liquefied Petroleum Gas Storage Market
- Problems and Obstacles in Middle East & Africa Liquefied Petroleum Gas Storage Market
- Competitive Landscape in the Middle East & Africa Liquefied Petroleum Gas Storage Market
- Details on Current Investment in Middle East & Africa Liquefied Petroleum Gas Storage Market
- Competitive Analysis of Middle East & Africa Liquefied Petroleum Gas Storage Market
- Prominent Players in the Middle East & Africa Liquefied Petroleum Gas Storage Market
- SWOT Analysis of Middle East & Africa Liquefied Petroleum Gas Storage Market
- Middle East & Africa Liquefied Petroleum Gas Storage Market Future Outlook and Projections (FY’2025-FY’2034)
- Recommendations from Analyst
1.Introduction
1.1.Scope of the report1.2.Market segment analysis
2.Research Methodology
2.1.Research data source2.1.1.Secondary Data2.1.2.Primary Data2.1.3.SPERs internal database2.1.4.Premium insight from KOLs2.2.Market size estimation2.2.1.Top-down and Bottom-up approach2.3.Data triangulation
3.Executive Summary
4.Market Dynamics
4.1.Driver, Restraint, Opportunity and Challenges analysis
4.1.1.Drivers4.1.2.Restraints4.1.3.Opportunities4.1.4.Challenges
5.Market variable and outlook
5.1.SWOT Analysis5.1.1.Strengths5.1.2.Weaknesses5.1.3.Opportunities5.1.4.Threats5.2.PESTEL Analysis5.2.1.Political Landscape5.2.2.Economic Landscape5.2.3.Social Landscape5.2.4.Technological Landscape5.2.5.Environmental Landscape5.2.6.Legal Landscape5.3.PORTERs Five Forces5.3.1.Bargaining power of suppliers5.3.2.Bargaining power of buyers5.3.3.Threat of Substitute5.3.4.Threat of new entrant5.3.5.Competitive rivalry5.4.Heat Map Analysis
6.Competitive Landscape
6.1.Middle East & Africa Liquefied Petroleum Gas Storage Market Manufacturing Base Distribution, Sales Area, Product Type6.2.Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Middle East & Africa Liquefied Petroleum Gas Storage Market
7.Middle East & Africa Liquefied Petroleum Gas Storage Market, By Storage Type 2021-2034 (USD Million)
7.1.Pressurized tanks7.2.Refrigerated tanks
8.Middle East & Africa Liquefied Petroleum Gas Storage Market Forecast, 2021-2034 (USD Million)
8.1.Middle East & Africa Liquefied Petroleum Gas Storage Market Size and Market Share
9.Middle East & Africa Liquefied Petroleum Gas Storage Market, By Region, 2021-2034 (USD Million)
9.1. Kingdom of Saudi Arabia
9.2. United Arab Emirates9.3. Qatar9.4. South Africa9.5. Egypt9.6. Morocco9.7. Nigeria9.8. Rest of Middle-East and Africa
10.Company Profile
10.1.Abou Seif10.1.1.Company details10.1.2.Financial outlook10.1.3.Product summary10.1.4.Recent developments10.2.Al Dossary Encore10.2.1.Company details10.2.2.Financial outlook10.2.3.Product summary10.2.4.Recent developments10.3.Al-Gaswa Steel10.3.1.Company details10.3.2.Financial outlook10.3.3.Product summary10.3.4.Recent developments10.4.Arslan Engineering10.4.1.Company details10.4.2.Financial outlook10.4.3.Product summary10.4.4.Recent developments10.5.Cryocan10.5.1.Company details10.5.2.Financial outlook10.5.3.Product summary10.5.4.Recent developments10.6.Enagas10.6.1.Company details10.6.2.Financial outlook10.6.3.Product summary10.6.4.Recent developments10.7.Emirates Gas10.7.1.Company details10.7.2.Financial outlook10.7.3.Product summary10.7.4.Recent developments10.8.Harsan Tanker10.8.1.Company details10.8.2.Financial outlook10.8.3.Product summary10.8.4.Recent developments10.9.ISISAN10.9.1.Company details10.9.2.Financial outlook10.9.3.Product summary10.9.4.Recent developments10.10.Karbonsan10.10.1.Company details10.10.2.Financial outlook10.10.3.Product summary10.10.4.Recent developments10.11.Others
11.Conclusion
12.List of Abbreviations
13.Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
MEA Liquefied Petroleum Gas Storage Market size from 2025. The Market is expected to reach USD 2.19 by 2034, at a CAGR of 7.15% during the forecast period.
MEA Liquefied Petroleum Gas Storage Market CAGR of 7.15% during the forecast period.
MEA Liquefied Petroleum Gas Storage Market size is USD 2.19 from 2025 to 2034.
MEA Liquefied Petroleum Gas Storage Market covered By Storage Type
The North America is anticipated to have the highest Market share in the MEA Liquefied Petroleum Gas Storage Market .The North America is anticipated to have the highest Market share in the MEA Liquefied Petroleum Gas Storage Market .
MEA Liquefied Petroleum Gas Storage Market is projected to reach USD 2.19 by 2034, growing at a CAGR of 7.15 % during the forecast period.
You can get the sample pages by clicking the link - Click HereYou can get the sample pages by clicking the link - Click Here
"Abou Seif, Al Dossary Encore, Al-Gaswa Steel, Arslan Engineering, Cryocan, Enagas, Emirates Gas, Harsan Tanker, ISISAN, Karbonsan.
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The report includes an in-depth analysis of the Middle East & Africa Liquefied Petroleum Gas Storage Market, including market size and trends, product mix, Applications, and supplier analysis.
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