The Global Pentane Market to show 6.4% CAGR from 2022-28

Pentane is a low-cost blowing agent. Over the past few decades, the technology and development of mixed pentane have not developed by leaps and bounds. In the Asia-Pacific region, EPS is growing faster. The EPS industry in the US and Europe is already quite stable .Shell, South Hampton Resource, CNPC and ExxonMobil Chemical are the main players in this market.

China is the largest producer of Pentane, with a market share about 35%, followed by Europe and North America, etc. Shell, CNPC, ExxonMobil Chemical, TOP Solvent and South Hampton Resources are the top 5 manufacturers of industry, and they had about 50% combined market share.

The global Pentane market was valued at US$ 120.7 million in 2020 and it is expected to reach US$ 185.9 million by the end of 2027, growing at a CAGR of 6.4% during 2021-2027.

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

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The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type

  • n-pentane 95pc
  • n-pentane 97pc or more
  • Isopentane
  • Pentane Blends

Segment by Application

  • EPS Blowing Agent
  • Electronic Cleaning
  • Chemical Solvent
  • Gasoline Additive
  • Others

By Company

  • South Hampton Resources
  • Phillips 66
  • CNPC
  • Shell
  • Junyuan Petroleum Group
  • ExxonMobil Chemical
  • TOP Solvent
  • Aeropres Corporation

Production by Region

  • North America
  • Europe
  • China

Consumption by Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil, Argentina)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE)

 

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