Pentane Market Overview
MMR published the “Pentane market” report. The report analyses the Pentane market growth during the forecast period of 2023-2029. The report also insights into market value, growth rate, market segments, geographical coverage, market players and their recent developments.
Market Value :The Pentane Market is expected to reach US$ 166.56 million by 2029, thanks to growth in the industrial uses segment. The report analyzes Pentane market dynamics by region and applications.
Pentane Market Report Scope and Research Methodology
The Pentane market report covers an in-depth analysis of key developments, marketing strategies, supply-side and demand-side indicators, and company profiles of market leaders, potential players, and new entrants. The report is based on primary and secondary research methodologies and provides a comprehensive analysis of the global alginates & derivatives market.
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Volatility of Pentane Prices in 2022:
Between 65 and 70 percent of the world’s pentane supply is under US control. In 2022, pentane prices in the US rose almost every month as a result of a collision between recovering demand and supply chain interruptions. Pentane saw fluctuating prices at international hubs from January 2020 to September 2021 due to a global surge in export demand and a shortage of supply.
Pentane price fluctuation in the market, particularly in the US, has been concerning as a result, and it is probably going to impede growth for the duration of the projection.
Pentane Market Regional Insights
The report provides insights into the Pentane market across regions, including North America, Europe, Asia Pacific, South America, and the Middle East and Africa. The Asia Pacific region is expected to lead the Pentane market due to the growing demand for Pentane in various applications, particularly in China, Japan, and India.
Pentane Market Segmentation
The pentane market is divided into two segments based on application: industrial applications and laboratory uses. Due to its widespread usage in numerous industrial applications, the industrial uses segment dominated the market in 2020 and accounted for xx% of total revenue. Pentanes are the main blowing agents used in the production of polystyrene foam and other foams. Usually, a combination of n-, i-, and progressively more cyclopentane is used for this.
High-octane fuels are made from isopentane, which is created through isomerization that is catalyzed by acid. Pentanes are used in mixed refrigerants and geothermal power plants as a working medium. Their low boiling temperatures, affordability, and relative safety have also led to their use as a working medium in organic Rankine cycles.
by Application
• Industrial Uses
• Laboratory Uses
Pentane Market Key Players
• Gazprom
• Shell
• China Petroleum & Chemical Corporation
• ExxonMobil
• Saudi Arabian Oil Company
• Chevron Corporation
• Sinopec
• Bharat Petroleum Corporation Limited
• Hindustan Petroleum Corporation Limited
• ConocoPhillips
• Sika AG
• Total SA
• Anadarko Petroleum Corporation
• Dow DuPont
• Eni S.P.A
• Others
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Key questions answered in Pentane Market are:
- What is the expected Pentane market size by 2029?
- What is the growth rate of the Pentane Market?
- Which are the factors expected to drive the Pentane market growth?
- Which segment dominated the Pentane market growth?
- Which region held the largest share in the Pentane market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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