Pentane Market, By Type (n-Pentane, Isopentane, Neopentane), By Applications (Blowing agent, Chemica

Published Date: | Report Code : CH1956988

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The Pentane Market is expected to promise high growth owing to increased supply for pentane from various end-user sectors in recent years. Increasing demand from applications including blowing agents, chemical solvent, electronic cleansing, and others are expected to drive the growth of the market.

Pentane plus is a liquid for natural gas. Pentane, followed by heptane, benzene, hexane, and octane, is a key raw material. As a transport fuel, the product has enormous demand and is expected to drive the market with an increase in the production of liquid natural gas. Other major applications include textile and industrial processes. To make them easy to transport through pipes, Pentane plus is also added to the natural heavy crude. The item assists in the gentle stream of oil in tubes, which are anticipated to increase in the near future worldwide supply in the sector.

Segment Insights

In addition to organic hard fuel petroleum, pentane plus is also an additive for soft and simple pipeline transport for other oil combinations. This is anticipated to fuel potential development in the general product market. The manufacturing method of Pentane plus may lead to elevated vapor burst risks. Such a high likelihood of hazard occurrence, which can lead to enormous loss of life and environment, is expected to limit global demand from the forecast period.

The segmentation of the global pentane plus sector is based on the octane number. Not only does an octane number define fuel efficiency and quantity, but it also helps to identify areas of application. Higher numbers of octane gasoline are primarily used for high-performance petrol engines.

For diesel engines, lower octane gases are used. There is a range of issues related to poor octane rating engines, such as problems with punching engines. For various transport fuels such as petrol and diesel, it is essential to use the right pentane plus. Lower octane pentane plus may result in engine knocking if applied to petrol.

Key Factors Impacting Market Growth:

  • Increased supply for pentane from various end-user sectors
  • The low price of pentane and its useful chemical characteristics
  • Strict public laws on pentane use 

Regional Analysis

On the basis of the region, the pentane market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World. North America and Western Europe are some of the major markets that are also traditional suppliers of chemicals such as specialty chemicals, bulk chemicals, and so on. Major companies in this market are headquartered in North America and Western Europe.  This region has been witnessing a number of transitions in terms of productions of chemicals and respective applications by end-use industries. The preference towards bio-based feedstock has been instrumental in the development of the green alternatives in these regions. Moreover, regulatory authorities have imposed strict guidelines with regard to environmental concerns and potential health hazards due to exposures. This has been more instrumental in the Western Europe region competitively. Some of the major economies in these regions include the US, Germany, UK, France, Canada, Italy, Spain, and so on.

The Asia Pacific and the Middle East are expected to register substantial growth in the pentane market during the forecast period. This demand is with regard to the growth of major applications such as blowing agents, chemical solvent, electronic cleansing, and others. Major countries in the Asia Pacific region include China, South Korea, Japan, India, Australia, and so on. Middle East includes the UAE, Saudi Arabia, Iran, Israel, Egypt, and so on. Eastern Europe has been largely dominated by Russia and Turkey with operations of major chemical giants in the region.  Rest the World that includes South America and Africa has a strong potential for the pentane market. There has been an increasing number of investments by global companies in these regions to strengthen their presence and tap the potential market. Major economies in these regions for the pentane market include Brazil, South Africa, Nigeria, Argentina, Colombia, and others.

Companies Covered: Royal Dutch Shell PLC, Phillips 66 Company, China National Petroleum Corporation, ExxonMobil Corporation, Top Solvent Co., Ltd., Haltermann Carless UK Ltd., INEOS AG, LG Chem Ltd., SK Global Chemical Co., Ltd., and Maruzen Petrochemical Co., Ltd… 

Market Segmentation:

By Type:

  • n-Pentane
  • Isopentane
  • Neopentane

By Applications:

  • Blowing agent
  • Chemical solvent
  • Electronic cleansing
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Type
    • By Applications
  • Western Europe:
    • By Country (Germany, UK, France, Spain, Rest of Western Europe)
    • By Type
    • By Applications
  • Eastern Europe:
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Type
    • By Applications
  • Asia Pacific
    • By Country (China, Japan, India, Rest of Asia Pacific)
    • By Type
    • By Applications
  • Middle East:
    • By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
    • By Type
    • By Applications
  • Rest of the World
    • By Region (Latin America, Brazil, Rest of the World)
    • By Type
    • By Applications

Reasons To Buy This Report:

  • Market size estimation of the pentane market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

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