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Isopentane - Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Isopentane - Market SizeThe global Isopentane market size is expected to reach US$ 147.6 million by 2029, growing at a CAGR of 3.0% from 2023 to 2029.
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Isopentane - Market
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.
The market is mainly driven by the significant applications of Isopentane in various end use industries. The expanding demands from the EPS Blowing Agent, Electronic Cleaning, Chemical Solvent and Aerosol Propellant, are propelling Isopentane market. Pure Gas, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Gas Blend segment is estimated at % CAGR for the next seven-year period.
Pentane is a low-cost blowing agent. Over the past few decades, the technology and development of mixed pentane have not developed by leaps and bounds. In the Asia-Pacific region, EPS is growing faster. The EPS industry in the US and Europe is already quite stable.
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Company Profiles:
• Shell
• Phillips 66
• CNPC
• ExxonMobil Chemical
• TOP Solvent
• Junyuan Petroleum Group
• South Hampton Resources
• Aeropres Corporation
• Diversified CPC
• Rizhao Changlian
Segment by Type:
• Pure Gas
• Gas Blend
By Application
• EPS Blowing Agent
• Electronic Cleaning
• Chemical Solvent
• Aerosol Propellant
• Others
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