Pentanes are highly volatile chemical compounds used primarily in the production of polystyrene and other foams as blowing agents. They have low-boiling points and are relatively inexpensive. Pentanes make an important ingredient in gasoline blending. Pentane is also used as a refrigerant in the appliance industry. However, the high volatility of pentanes causes rapid evaporation of the compound which increases the VOC content in air and leads to air pollution.
The pentane market is anticipated to grow in the forecast period owing to the growing demand for pentane by end-use industries. Moreover, the low cost of the chemical and its useful properties favor market growth. However, stringent governmental regulations against VOC emissions in the environment associated with the use of pentanes restrict the growth for pentane market.
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The reports cover key developments in the pentane market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from pentane market are anticipated to lucrative growth opportunities in the future with the rising demand for pentane in the global market. Below mentioned is the list of few companies engaged in the pentane market.
The report also includes the profiles of key pentane companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
The “Global Pentane Market Analysis to 2027” is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the pentane market with detailed market segmentation by type, application, and geography. The global pentane market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading pentane market players and offers key trends and opportunities in the market.
The global pentane market is segmented on the basis of type and application. Based type, the market is segmented as n-pentane, isopentane, and neopentane. On the basis of the application, the market is segmented as blowing agent, electric cleansinsg, chemical solvent, and others.
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TABLE OF CONTENTS
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION