Middle East & Africa Liquefied Petroleum Gas Storage Market Size 2034
Middle East & Africa Liquefied Petroleum Gas Storage Market Size- By Storage Type-Regional Outlook, Competitive Strategies and Segment Forecast to 2034
| Published: Aug-2025 | Report ID: POAE25147 | Pages: 1 - 161 | Formats*: |
| Category : Power & Energy | |||
Middle East & Africa 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 2.35 billion by 2034 with a CAGR of 7.16%.
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. Leading the way are nations in the Gulf and North Africa, reaffirming the region's long-term dedication to energy security, sustainable energy, and improved access to cleaner fuel sources.
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, and Karbonsan. |
- 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 report
- 1.2. Market segment analysis
2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPERs internal database
- 2.1.4. Premium insight from KOLs
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTERs Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
6. Competitive Landscape
- 6.1. Middle East & Africa Liquefied Petroleum Gas Storage Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. 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 tanks
- 7.2. 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 Emirates
- 9.3. Qatar
- 9.4. South Africa
- 9.5. Egypt
- 9.6. Morocco
- 9.7. Nigeria
- 9.8. Rest of Middle-East and Africa
10. Company Profile
- 10.1. Abou Seif
- 10.1.1. Company details
- 10.1.2. Financial outlook
- 10.1.3. Product summary
- 10.1.4. Recent developments
- 10.2. Al Dossary Encore
- 10.2.1. Company details
- 10.2.2. Financial outlook
- 10.2.3. Product summary
- 10.2.4. Recent developments
- 10.3. Al-Gaswa Steel
- 10.3.1. Company details
- 10.3.2. Financial outlook
- 10.3.3. Product summary
- 10.3.4. Recent developments
- 10.4. Arslan Engineering
- 10.4.1. Company details
- 10.4.2. Financial outlook
- 10.4.3. Product summary
- 10.4.4. Recent developments
- 10.5. Cryocan
- 10.5.1. Company details
- 10.5.2. Financial outlook
- 10.5.3. Product summary
- 10.5.4. Recent developments
- 10.6. Enagas
- 10.6.1. Company details
- 10.6.2. Financial outlook
- 10.6.3. Product summary
- 10.6.4. Recent developments
- 10.7. Emirates Gas
- 10.7.1. Company details
- 10.7.2. Financial outlook
- 10.7.3. Product summary
- 10.7.4. Recent developments
- 10.8. Harsan Tanker
- 10.8.1. Company details
- 10.8.2. Financial outlook
- 10.8.3. Product summary
- 10.8.4. Recent developments
- 10.9. ISISAN
- 10.9.1. Company details
- 10.9.2. Financial outlook
- 10.9.3. Product summary
- 10.9.4. Recent developments
- 10.10. Karbonsan
- 10.10.1. Company details
- 10.10.2. Financial outlook
- 10.10.3. Product summary
- 10.10.4. Recent developments
- 10.11. 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
Middle East & Africa Liquefied Petroleum Gas Storage Market is projected to reach USD 2.35 billion by 2034, growing at a CAGR of of 7.16% during the forecast period.
Middle East & Africa Liquefied Petroleum Gas Storage Market grew in Market size from 2025. The Market is expected to reach USD 2.35 billion by 2034, at a CAGR of 7.16% during the forecast period.
Middle East & Africa Liquefied Petroleum Gas Storage Market CAGR of 7.16% during the forecast period.
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Middle East & Africa Liquefied Petroleum Gas Storage Market size is USD 2.35 billion from 2025 to 2034.
Middle East & Africa Liquefied Petroleum Gas Storage Market is covered By Storage Type
The Kingdom of Saudi Arabia, United Arab Emirates, Qatar, South Africa, Egypt, Morocco, Nigeria, Rest of Middle-East and Africa. is the highest Market share in the Middle East & Africa Liquefied Petroleum Gas Storage Market.
Abou Seif, Al Dossary Encore, Al-Gaswa Steel, Arslan Engineering, Cryocan, Enagas, Emirates Gas, Harsan Tanker, ISISAN, and Karbonsan.
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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