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Global N-Pentane Market: By Application: Bowing Agent, Electronic Cleaning, Chemical Solvent, Aerosol Propellant, Polymerisation, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Value Chain Analysis; Price Analysis; Competitive Landscape; Industry Events and Developments

Global N-Pentane Market Outlook

The global n-pentane market is being aided by the overall pentane market, which attained a value of USD 111.07 million in 2020. The pentane market is further expected to grow at a CAGR of 3.8% in the forecast period of 2021-2026 to reach a value of around USD 133.84 million by 2026.

 

The Asia Pacific to be a Significant Market for N-Pentane

The global n-pentane industry is significantly aided by the market growth in the Asia Pacific region. The Asia Pacific market is mainly driven by the economic dynamics of countries such as China and India, but with increasing foreign direct investment into the South East Asia, the current scenario is shifting. China has been one of the leading producers and consumers of the product globally. Apart from natural heavy crude, pentane plus is also used as an additive for other oil mixtures for smooth and fast transport of pipelines. Emerging economies, including India, China, Vietnam, Taiwan, and South Korea, are expected to experience a high demand for gasoline during the forecast period, which is likely to boost the industry for n-pentane. Europe is also a major global consumer of n-pentane.

 

N-Pentane: Industry Definition and Segmentation

N-pentane is a normal aliphatic hydrocarbon solvent with a molecular formula of C5H12. It is a straight-chain of five carbons and twelve hydrogen atoms. N-pentane is a part of crude oil and a compound that is condensed by the processing of natural gas. It is sometimes referred to as amyl hydride and pentane.

The product finds wide applications in the following:

  • Bowing Agent
  • Electronic Cleaning
  • Chemical Solvent
  • Aerosol Propellant
  • Polymerisation
  • Others

The regional markets for n-pentane can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Rising Demand for Chemical Intermediates in the Electronic Industry to Bolster the Market Growth of n-Pentane

The global demand for chemical intermediates is likely to increase in the future due to their penetration into the electronics and chemical industries, which is expected to support the growth of the n-pentane industry. In addition, it is expected that n-pentane will see a significant growth rate within the polymer industry. The demand for polymers is estimated to rise due to an increase in the development of polymer-based compounds, including polyester polyol, polyethylene, polystyrene, etc., which is expected to eventually drive the demand for n-pentane. The demand for the product is also rising due to its favourable chemical and physical properties. The chemical properties of n-pentane include better volatility, relatively higher purity, low odour, rapid evaporation, and narrow boiling range, among others. In terms of physical properties, n-pentane is a colourless liquid with a sweet gasoline odour. It is a liquid that is water-insoluble. All these factors are together propelling the growth of the market.

 

Key Industry Players in the Global N-Pentane Market

The report gives a detailed analysis of the following key players in the global n-pentane market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Royal Dutch Shell Plc
  • Datta Hydro-chem (P) Limited 
  • Liaoning Yufeng Chemical Co., Ltd.
  • Jun Yuan Petroleum Group
  • Pure Chem Co., Ltd
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global n-Pentane Market Analysis

    8.1    Key Industry Highlights
    8.2    Global n-Pentane Historical Market (2016-2020) 
    8.3    Global n-Pentane Market Forecast (2021-2026)
    8.4    Global n-Pentane Market by Application
        8.4.1    Bowing Agent
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Electronic Cleaning
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    Chemical Solvent
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026)
        8.4.4    Aerosol Propellant
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2016-2020)
            8.4.4.3    Forecast Trend (2021-2026)
        8.4.5    Polymerisation
            8.4.5.1    Market Share
            8.4.5.2    Historical Trend (2016-2020)
            8.4.5.3    Forecast Trend (2021-2026)
        8.4.6    Others
    8.5    Global n-Pentane Market by Region
        8.5.1    Market Share
            8.5.1.1    North America
            8.5.1.2    Europe
            8.5.1.3    Asia Pacific
            8.5.1.4    Latin America
            8.5.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis

    12.1    North America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.2    Europe Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.3    Asia Pacific Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.4    Latin America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.5    Middle East and Africa Historical Price Trends (2016-2020) and Forecast (2021-2026)
13    Competitive Landscape
    13.1    Market Structure
    13.2    Company Profiles
        13.2.1    Royal Dutch Shell Plc
            13.2.1.1    Company Overview
            13.2.1.2    Product Portfolio
            13.2.1.3    Demographic Reach and Achievements
            13.2.1.4    Certifications
        13.2.2    Datta Hydro-chem (P) Limited 
            13.2.2.1    Company Overview
            13.2.2.2    Product Portfolio
            13.2.2.3    Demographic Reach and Achievements
            13.2.2.4    Certifications
        13.2.3    Liaoning Yufeng Chemical Co., Ltd.
            13.2.3.1    Company Overview
            13.2.3.2    Product Portfolio
            13.2.3.3    Demographic Reach and Achievements
            13.2.3.4    Certifications
        13.2.4    Jun Yuan Petroleum Group
            13.2.4.1    Company Overview
            13.2.4.2    Product Portfolio
            13.2.4.3    Demographic Reach and Achievements
            13.2.4.4    Certifications
        13.2.5    Pure Chem Co., Ltd
            13.2.5.1    Company Overview
            13.2.5.2    Product Portfolio
            13.2.5.3    Demographic Reach and Achievements
            13.2.5.4    Certifications
        13.2.6    Others
14    Industry Events and Developments

 

Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operations Involved
2    Project Requirements and Cost Analysis
    2.1    Land, Location, and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Raw Materials
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investments

 

List of Figures and Tables

1.    Global n-Pentane Market: Key Industry Highlights, 2016 and 2026
2.    Global n-Pentane Historical Market: Breakup by Application (USD Billion), 2016-2020
3.    Global n-Pentane Market Forecast: Breakup by Application (USD Billion), 2021-2026
4.    Global n-Pentane Historical Market: Breakup by Region (USD Billion), 2016-2020
5.    Global n-Pentane Market Forecast: Breakup by Region (USD Billion), 2021-2026
6.    North America n-Pentane Historical Market: Breakup by Country (USD Billion), 2016-2020
7.    North America n-Pentane Market Forecast: Breakup by Country (USD Billion), 2021-2026
8.    Europe n-Pentane Historical Market: Breakup by Country (USD Billion), 2016-2020
9.    Europe n-Pentane Market Forecast: Breakup by Country (USD Billion), 2021-2026
10.    Asia Pacific n-Pentane Historical Market: Breakup by Country (USD Billion), 2016-2020
11.    Asia Pacific n-Pentane Market Forecast: Breakup by Country (USD Billion), 2021-2026
12.    Latin America n-Pentane Historical Market: Breakup by Country (USD Billion), 2016-2020
13.    Latin America n-Pentane Market Forecast: Breakup by Country (USD Billion), 2021-2026
14.    Middle East and Africa n-Pentane Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    Middle East and Africa n-Pentane Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    North America Historical Price Trends and Forecast 2016-2026
17.    Europe Historical Price Trends and Forecast 2016-2026
18.    Asia Pacific Historical Price Trends and Forecast 2016-2026
19.    Latin America Historical Price Trends and Forecast 2016-2026
20.    Middle East and Africa Historical Price Trends and Forecast 2016-2026
21.    Global n-Pentane Market Structure

Key Questions Answered in the Report

In 2020, the global n-pentane market is being driven by the growing pentane market, which attained a value of nearly USD 111.07 million.

The pentane market is projected to grow at a CAGR of 3.8% between 2021 and 2026 and is expected to support the growth of the n-pentane industry.

The pentane market is estimated to reach about USD 133.84 million by 2026 and is projected to aid the growth of the n-pentane industry.

The growth of the market is being driven by factors like the growing population, rising disposable incomes, rising electronic and chemical industry, and the product’s favourable chemical and physical characteristics.

The rise in the development of polymer-based compounds is an important industry trend that is propelling the market growth.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading application segments in the market are bowing agent, electronic cleaning, chemical solvent, aerosol propellant, and polymerisation, among others.

The major players in the industry are Royal Dutch Shell Plc, Datta Hydro-chem (P) Limited, Liaoning Yufeng Chemical Co., Ltd., Jun Yuan Petroleum Group, and Pure Chem Co., Ltd, among others.

Analyst Review

The global n-pentane market is being driven by the rising pentane market, which reached a value of USD 111.07 million in 2020. Aided by the growing development of polymer-based compounds, the pentane market is expected to witness a moderate growth in the forecast period of 2021-2026, growing at a CAGR of 3.8%. The pentane market is projected to reach USD 133.84 million by 2026.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on application, the market is segmented into bowing agent, electronic cleaning, chemical solvent, aerosol propellant, and polymerisation, among others. The major regional markets for n-pentane are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Royal Dutch Shell Plc, Datta Hydro-chem (P) Limited, Liaoning Yufeng Chemical Co., Ltd., Jun Yuan Petroleum Group, and Pure Chem Co., Ltd, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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