North America Pentane Market Size Analysis, Industry Outlook, & Region Forecast, 2022-2027
Reports
and Data estimates the global Pentane competitive landscape is highly
fragmented with numerous players operating on a global and regional scale. The
key companies in the market are engaged in mergers and acquisitions, joint
ventures, collaborations, and product launches to gain a robust revenue growth
over the forecast period. The report considers 2020-2021 as historic years,
2020 as the base year, and 2022-2027 as the forecast period. The report offers
CAGR and market size for the global Pentane during the forecast period.
The
report also offers key insights about the top companies operating in the market
and their market share and global position along with product portfolio and
advancements. The top companies in the market include ExxonMobil
Corporation, Royal Dutch Shell PLC, TOP Solvent Co. Ltd., Haltermann Carless UK
Ltd., INEOS AG, LG Chem Ltd., Yeochun NCC Co., Ltd., SK Innovation Co., Ltd.,
and Maruzen Petrochemical Co., Ltd.
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Pentane
Overview
:-
The
growth of the global pentane market is driven by an increase in demand for the
compound from various end-user industries, its low cost, and its superior
chemical properties, such as higher strength as compared to other alkanes and
superior volatility. Moreover, increased utilization of pentane in blending and
formulation of fuels is anticipated to create openings for the end-user
industries to generate more polystyrene to make insulation materials. However,
the implementation of strict regulations on the usage of pentane is expected to
hamper the global pentane market.
The
pentane market is segmented on the basis of type, application, and region.
Based on type, the market is segmented into n-pentane, isopentane, and
neopentane. n-Pentane generated the maximum revenue in 2019 and is expected to
remain dominant throughout the analysis period, as it is extensively used in
various personal care and industrial aerosol products as an aerosol propellant.
It also serves as a blowing agent for polyurethane and expanded polystyrene
foams.
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By Type (Revenue, USD Million,
2017 - 2027)
·
n-Pentane
·
Isopentane
·
Neopentane
By Application (Revenue, USD
Million, 2017 - 2027)
·
Blowing agent
·
Electronic Cleansing
·
Chemical Solvent
·
Others
Key Regional Markets Covered
in the Report:
·
North America (U.S.A., Canada,
Mexico)
·
Europe (Italy, U.K., Germany,
France, Rest of Europe)
·
Asia Pacific (India, China,
Japan, South Korea, Australia, Rest of Asia Pacific)
·
Latin America (Chile, Brazil,
Argentina, Peru, Rest of Latin America)
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Key
Questions answered by the Report:
·
What
is the expected year-on-year growth of the Pentane during the forecast period?
·
What
key trends are expected influence revenue growth of the market going ahead?
·
Which
region is expected to account for largest revenue share over the forecast
period?
·
Which
key companies are profiled in the report?
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