Pentane Market to Reach 160 Million US$ by 2025 with 6.0% CAGR: Shell, Phillips 66, CNPC, ExxonMobil Chemical
Los Angeles, CA -- (SBWire) -- 04/19/2019 --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.
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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 was 100 million US$ in 2018 and is expected to 160 million US$ by the end of 2025, growing at a CAGR of 6.0% between 2019 and 2025.
This report studies the Pentane market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Pentane in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Shell
Phillips 66
CNPC
ExxonMobil Chemical
TOP Solvent
Junyuan Petroleum Group
South Hampton Resources
Aeropres Corporation
Diversified CPC
Rizhao Changlian
By the product type, the market is primarily split into
Pentane 85/15
Pentane 80/20
Pentane 70/30
Pentane 60/40
Pentane 50/50
Pentane 20/80
Others
By the end users/application, this report covers the following segments
EPS Blowing Agent
Electronic Cleaning
Chemical Solvent
Aerosol Propellant
Others
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