The propane industry faces several challenges, including supply chain disruptions, an aging workforce, and new federal emissions regulations. However, there are also some positive trends, such as increasing demand for propane and the development of new technologies.
Supply Chain Challenges
One of the propane industry’s biggest challenges is supply chain disruption. This has made getting parts and equipment more difficult, leading to longer lead times and higher prices.
“We have encountered some challenges, particularly in chassis procurement,” said Ryan Eidsness, director of sales and marketing for TerraVest Industries and USA Compressed Gas. “Some parts’ availability can be inconsistent, resulting in occasional difficulties acquiring them.”
Aging Workforce
Another challenge facing the propane industry is the aging workforce. As the baby boomers retire, a shortage of workers to fill these jobs has emerged. This is making it difficult for propane marketers to keep up with demand.
“The biggest challenge our customers face today is employee shortages,” said Marla Verlinde, sales and marketing at Arrow Tank & Engineering. “More decision-makers are getting their drivers involved during the buying process to combat this.”