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Understanding 2.9% Growth Rate of N-Pentane Market with a Latest Research Report by TMR

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.

Due to the COVID-19 pandemic, the global N-Pentane market size is estimated to be worth US$ 138.2 million in 2022 and is forecast to a readjusted size of US$ 164.1 million by 2028 with a CAGR of 2.9% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Pentane 85/15 accounting for % of the N-Pentane global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While EPS Blowing Agent segment is altered to an % CAGR throughout this forecast period.

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.

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 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.

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.

Request for a free sample or purchase this report at: https://www.themarketreports.com/report/global-n-pentane-market-research-report

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 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type

  • Pentane 85/15
  • Pentane 80/20
  • Pentane 70/30
  • Pentane 60/40
  • Pentane 50/50
  • Pentane 20/80
  • Others

Segment by Application

  • EPS Blowing Agent
  • Electronic Cleaning
  • Chemical Solvent
  • Aerosol Propellant
  • Others

By Company

  • Shell
  • Phillips 66
  • Cnpc
  • Exxonmobil Chemical
  • Top Solvent
  • Junyuan Petroleum Group
  • South Hampton Resources
  • Aeropres Corporation
  • Diversified Cpc
  • Rizhao Changlian
  • M/S. Datta

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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