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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About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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