Pentane Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030
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.
As China's EPS market continues to grow, China has become the world's largest producer and consumer country. Europe is the second largest consumer area. The downstream customers of Japan, Southeast Asia and India are less. As a result, the markets in these areas are small. In the future, India and Southeast Asia market is expected to show some growth. In the world, the main consumers are BASF, SABIC, INOES and Huntsman.
In recent years, global crude oil prices have been declining. As a downstream product, the price of pentane is declining. In the future, the price of crude oil will rise. So we think the price of pentane will rise.
The Global Pentane Market size was xxx million USD with a CAGR xx % from 2018- 2022. It will stretch to xxx million USD in 2023 with a CAGR of xx % from 2023 - 2030.
As the report focuses on global Pentane Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.
In Market segmentation by manufacturers, the report covers the following companies-
Shell
Phillips 66
CNPC
ExxonMobil Chemical
TOP Solvent
Junyuan Petroleum Group
South Hampton Resources
Aeropres Corporation
Diversified CPC
Rizhao Changlian
In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types covers:
Pentane 85/15
Pentane 80/20
Pentane 70/30
Pentane 60/40
Pentane 50/50
Pentane 20/80
Others
In Market segmentation by applications :
EPS Blowing Agent
Electronic Cleaning
Chemical Solvent
Aerosol Propellant
Others
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Pentane Market for the forecast period 2023 - 2030?
• What are the driving forces in the Pentane Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Pentane industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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