The Pentane Market is expected to reach US$ 173.60 million by 2030, thanks to growth in the industrial uses segment. The report analyzes Pentane market dynamics by region and applications.
Pentane Market Overview
Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the Pentane Market .The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The report provides the current state of the Pentane Market by thorough analysis, and projections are made up to 2030.
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Pentane Market Scope and Methodology:
The prevalence of liquefied petroleum gas (LPG) as the main cooking fuel among the local population has increased along with the population growth in Asia Pacific, Africa, North America, and other regions. For instance, in India, over 80% of all residential families utilise LPG as a fuel for cooking. LPG has several advantages over conventional fuels like coal and wood, including being more affordable, portable, clean, and ecologically benign. Many governments worldwide have started initiatives to encourage the use of LPG as cooking fuel due to its advantages over conventional fuel.
For instance, the Pradhan Mantri Ujjwala Yojna, an Indian government initiative, was expected to provide women from low-income homes with 50 million LPG connections.
Pentane Market Regional Insights
The study thoroughly examines the markets in the Middle East, Africa, South America, Asia Pacific, Europe, and North America. Understanding the intricate dynamics of the global Pentane Market is an essential component of the regional analysis provided in the report. The report contains details about the import and export of goods, market size, and growth rate for all countries. Furthermore, the report has also presented an overview of the latest advancements in the international Pentane Market across different countries and regions.
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Pentane Market Segmentation
by Application
Industrial Uses
Laboratory Uses
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 2023 and represented xx% of the total revenue share. 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.
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Pentane Market Key Players
1. Gazprom
2. Shell
3. China Petroleum & Chemical Corporation
4. ExxonMobil
5. Saudi Arabian Oil Company
6. Chevron Corporation
7. Sinopec
8. Bharat Petroleum Corporation Limited
9. Hindustan Petroleum Corporation Limited
10. ConocoPhillips
11. Sika AG
12. Total SA
13. Anadarko Petroleum Corporation
14. Dow DuPont
15. Eni S.P.A
16. Others
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Key Offerings
• Past Size and Competitive Landscape
• Past Pricing and price curve by region
• Size, Share, Size Forecast by different segment
• Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• 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
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