Global N-Pentane Market Growth 2023-2029
Pentane is colourless with a very low odour and high volatility thanks to its low, narrow boiling range – it is among the lowest boiling hydrocarbon liquids and so evaporates at a very high rate. It is used principally as a blowing agent in foam production, as a propellant in aerosols and as reaction media for polymerisation processes. In actual production, pentane blend is the most common type. Isopentane and Normalpentane Blend contain Isopentane and Normalpentane as the main ingredients. The single principal content is not less than 10%, not more than 90%. Pentane blend is a very fast evaporating hydrocarbon solvent and low in impurities such as sulphur, olefins, benzene and total aromatics. Examples of end uses for this solvent are blowing agent, electronic cleaning and polymerisation. In the report, we main cover pentane blend.
LPI (LP Information)' newest research report, the “N-Pentane Industry Forecast” looks at past sales and reviews total world N-Pentane sales in 2022, providing a comprehensive analysis by region and market sector of projected N-Pentane sales for 2023 through 2029. With N-Pentane sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world N-Pentane industry.
This Insight Report provides a comprehensive analysis of the global N-Pentane landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on N-Pentane portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global N-Pentane market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for N-Pentane and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global N-Pentane.
The global N-Pentane market size is projected to grow from US$ 131.1 million in 2022 to US$ 161.3 million in 2029; it is expected to grow at a CAGR of 161.3 from 2023 to 2029.
Global N-Pentane key players include Shell, Phillips 66 , CNPC, ExxonMobil Chemical, etc. Global top four manufacturers hold a share about 45%.
Asia Pacific is the largest market, with a share about 50%, followed by Europe and North America, have a share over 40 percent.
In terms of product, Pentane 60/40 is the largest segment, with a share about 30%. And in terms of application, the largest application is EPS Blowing Agent, followed by Electronic Cleaning, Chemical Solvent, Aerosol Propellant, ect.
This report presents a comprehensive overview, market shares, and growth opportunities of N-Pentane market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Pentane 85/15
Pentane 80/20
Pentane 70/30
Pentane 60/40
Pentane 50/50
Pentane 20/80
Others
Segmentation by application
EPS Blowing Agent
Electronic Cleaning
Chemical Solvent
Aerosol Propellant
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Shell
Phillips 66
CNPC
ExxonMobil Chemical
TOP Solvent
Junyuan Petroleum Group
South Hampton Resources
Aeropres Corporation
Diversified CPC
Rizhao Changlian
M/S. DATTA
Key Questions Addressed in this Report
What is the 10-year outlook for the global N-Pentane market?
What factors are driving N-Pentane market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do N-Pentane market opportunities vary by end market size?
How does N-Pentane break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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