North America Pentane Market Size, Share & Industry Trends Analysis Report By Type (n-Pentane, Isopentane and Neopentane), By Application (Blowing Agent, Chemical Solvent, Electronic Cleansing and Others), By Country and Growth Forecast, 2023 - 2030

PUBLISHED: December 28, 2023

PAGES: 96 Pages

DELIVERY TIME: 1-2 business days

ADD TO COMPARE

SELECT AN OPTION

The North America Pentane Market would witness market growth of 3.4% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 28,813.9 Tonnes, showcasing a growth of 3.1% (2019-2022).

Pentane, denoted by the chemical formula C5H12, is an organic compound composed of five carbon atoms combined in a solitary bond. It is a hydrocarbon with a gasoline-like odor and is burnt as fuel. The compound has several industrial uses, including creating a blowing agent to form polystyrene further. The growth of the market is driven by an increase in demand for the compound from various end-user industries, the low cost of the compound, and its beneficial chemical properties, including higher strength and superior volatility compared to other alkanes.

Moreover, the compound belongs to the alkane family of hydrocarbons, characterized by its straight-chain structure and five carbon atoms. It exists in three isomeric forms: n-pentane, isopentane, and neopentane, each possessing distinct chemical properties. This colorless, volatile liquid is highly flammable, making it a critical component in various industrial processes. As a saturated hydrocarbon, the compound lacks double bonds between carbon atoms, contributing to its stability and versatility. Moreover, an increase in the usage of the compound in fuel blending and formulation is expected to create opportunities for the end-user industries to generate more polystyrene to make insulation materials.

According to the US Energy Information Administration, the United States is the world leader in geothermal electricity generation. In 2022, there were geothermal power plants in seven states, which produced about 17 billion kilowatt hours (kWh) (or 17,002,000 megawatt-hours). This was equal to about 0.4% of total US utility-scale electricity generation. The compound is a hydrocarbon with a lower environmental impact than certain traditional blowing agents. If there is a growing emphasis on sustainability and environmental responsibility in the geothermal energy sector, using the compound in binary systems aligns with these goals. Thus, the above aspects will expand the market growth across the region in the upcoming years.

The US market dominated the North America Pentane Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $39,077.3 Thousands by 2030. The Canada market is experiencing a CAGR of 5.7% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 4.8% during (2023 - 2030).

Based on Type, the market is segmented into n-Pentane, Isopentane and Neopentane. Based on Application, the market is segmented into Blowing Agent, Chemical Solvent, Electronic Cleansing and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include HCS Group GmbH (INTERNATIONAL CHEMICAL INVESTORS HOLDING SE), Junyuan Petroleum Group, Shell plc, Thai Oil Public Company Limited (PTT Public Company Limited), Exxon Mobil Corporation, LG Chem Ltd. (LG Corporation), Chevron Phillips Chemical Company LLC, China Petrochemical Corporation (Sinopec Group) and TRECORA (Balmoral Funds)

Scope of the Study

Market Segments covered in the Report:

By Type (Volume, Tonnes, USD Million, 2019-2030)

n-Pentane
Isopentane
Neopentane

By Application (Volume, Tonnes, USD Million, 2019-2030)

Blowing Agent
Chemical Solvent
Electronic Cleansing
Others

By Country (Volume, Tonnes, USD Million, 2019-2030)

US
Canada
Mexico
Rest of North America

Companies Profiled

HCS Group GmbH (INTERNATIONAL CHEMICAL INVESTORS HOLDING SE)
Junyuan Petroleum Group
Shell plc
Thai Oil Public Company Limited (PTT Public Company Limited)
Exxon Mobil Corporation
LG Chem Ltd. (LG Corporation)
Chevron Phillips Chemical Company LLC
China Petrochemical Corporation (Sinopec Group)
TRECORA (Balmoral Funds)

Unique Offerings from KBV Research

Exhaustive coverage
Highest number of market tables and figures
Subscription based model available
Guaranteed best price
Assured post sales research support with 10% customization free

Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 North America Pentane Market, by Type
- 1.4.2 North America Pentane Market, by Application
- 1.4.3 North America Pentane Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
3.3 Porter Five Forces Analysis

Chapter 4. North America Pentane Market by Type

4.1 North America n-Pentane Market by Country
4.2 North America Isopentane Market by Country
4.3 North America Neopentane Market by Country

Chapter 5. North America Pentane Market by Application

5.1 North America Blowing Agent Market by Country
5.2 North America Chemical Solvent Market by Country
5.3 North America Electronic Cleansing Market by Country
5.4 North America Others Market by Country

Chapter 6. North America Pentane Market by Country

6.1 US Pentane Market
- 6.1.1 US Pentane Market by Type
- 6.1.2 US Pentane Market by Application
6.2 Canada Pentane Market
- 6.2.1 Canada Pentane Market by Type
- 6.2.2 Canada Pentane Market by Application
6.3 Mexico Pentane Market
- 6.3.1 Mexico Pentane Market by Type
- 6.3.2 Mexico Pentane Market by Application
6.4 Rest of North America Pentane Market
- 6.4.1 Rest of North America Pentane Market by Type
- 6.4.2 Rest of North America Pentane Market by Application

Chapter 7. Company Profiles

7.1 HCS Group GmbH (International Chemical Investors Holding SE)
- 7.1.1 Company Overview
- 7.1.2 Recent strategies and developments:
  - 7.1.2.1 Product Launches and Product Expansions:
7.2 Thai Oil Public Company Limited (Petroleum Authority of Thailand (PTT))
- 7.2.1 Company Overview
- 7.2.2 Financial Analysis
- 7.2.3 Segmental and Regional Analysis
7.3 Trecora (Balmoral Funds)
- 7.3.1 Company Overview
7.4 Shell plc
- 7.4.1 Company Overview
- 7.4.2 Financial Analysis
- 7.4.3 Segmental and Regional Analysis
- 7.4.4 Research & Development Expenses
- 7.4.5 SWOT Analysis
7.5 Exxon Mobil Corporation
- 7.5.1 Company Overview
- 7.5.2 Financial Analysis
- 7.5.3 Segmental and Regional Analysis
- 7.5.4 Research & Development Expenses
- 7.5.5 SWOT Analysis
7.6 LG Chem Ltd. (LG Corporation)
- 7.6.1 Company Overview
- 7.6.2 Financial Analysis
- 7.6.3 Segmental and Regional Analysis
- 7.6.4 SWOT Analysis
7.7 Chevron Phillips Chemical Company LLC
- 7.7.1 Company Overview
- 7.7.2 Financial Analysis
- 7.7.3 SWOT Analysis
7.8 China Petrochemical Corporation (Sinopec Group)
- 7.8.1 Company Overview
- 7.8.2 Financial Analysis
- 7.8.3 Research & Development Expenses
- 7.8.4 SWOT Analysis
7.9 Junyuan Petroleum Group
- 7.9.1 Company Overview

LIST OF TABLES

TABLE 1 North America Pentane Market, 2019 - 2022, USD Thousands
TABLE 2 North America Pentane Market, 2023 - 2030, USD Thousands
TABLE 3 North America Pentane Market, 2019 - 2022, Tonnes
TABLE 4 North America Pentane Market, 2023 - 2030, Tonnes
TABLE 5 North America Pentane Market by Type, 2019 - 2022, USD Thousands
TABLE 6 North America Pentane Market by Type, 2023 - 2030, USD Thousands
TABLE 7 North America Pentane Market by Type, 2019 - 2022, Tonnes
TABLE 8 North America Pentane Market by Type, 2023 - 2030, Tonnes
TABLE 9 North America n-Pentane Market by Country, 2019 - 2022, USD Thousands
TABLE 10 North America n-Pentane Market by Country, 2023 - 2030, USD Thousands
TABLE 11 North America n-Pentane Market by Country, 2019 - 2022, Tonnes
TABLE 12 North America n-Pentane Market by Country, 2023 - 2030, Tonnes
TABLE 13 North America Isopentane Market by Country, 2019 - 2022, USD Thousands
TABLE 14 North America Isopentane Market by Country, 2023 - 2030, USD Thousands
TABLE 15 North America Isopentane Market by Country, 2019 - 2022, Tonnes
TABLE 16 North America Isopentane Market by Country, 2023 - 2030, Tonnes
TABLE 17 North America Neopentane Market by Country, 2019 - 2022, USD Thousands
TABLE 18 North America Neopentane Market by Country, 2023 - 2030, USD Thousands
TABLE 19 North America Neopentane Market by Country, 2019 - 2022, Tonnes
TABLE 20 North America Neopentane Market by Country, 2023 - 2030, Tonnes
TABLE 21 North America Pentane Market by Application, 2019 - 2022, USD Thousands
TABLE 22 North America Pentane Market by Application, 2023 - 2030, USD Thousands
TABLE 23 North America Pentane Market by Application, 2019 - 2022, Tonnes
TABLE 24 North America Pentane Market by Application, 2023 - 2030, Tonnes
TABLE 25 North America Blowing Agent Market by Country, 2019 - 2022, USD Thousands
TABLE 26 North America Blowing Agent Market by Country, 2023 - 2030, USD Thousands
TABLE 27 North America Blowing Agent Market by Country, 2019 - 2022, Tonnes
TABLE 28 North America Blowing Agent Market by Country, 2023 - 2030, Tonnes
TABLE 29 North America Chemical Solvent Market by Country, 2019 - 2022, USD Thousands
TABLE 30 North America Chemical Solvent Market by Country, 2023 - 2030, USD Thousands
TABLE 31 North America Chemical Solvent Market by Country, 2019 - 2022, Tonnes
TABLE 32 North America Chemical Solvent Market by Country, 2023 - 2030, Tonnes
TABLE 33 North America Electronic Cleansing Market by Country, 2019 - 2022, USD Thousands
TABLE 34 North America Electronic Cleansing Market by Country, 2023 - 2030, USD Thousands
TABLE 35 North America Electronic Cleansing Market by Country, 2019 - 2022, Tonnes
TABLE 36 North America Electronic Cleansing Market by Country, 2023 - 2030, Tonnes
TABLE 37 North America Others Market by Country, 2019 - 2022, USD Thousands
TABLE 38 North America Others Market by Country, 2023 - 2030, USD Thousands
TABLE 39 North America Others Market by Country, 2019 - 2022, Tonnes
TABLE 40 North America Others Market by Country, 2023 - 2030, Tonnes
TABLE 41 North America Pentane Market by Country, 2019 - 2022, USD Thousands
TABLE 42 North America Pentane Market by Country, 2023 - 2030, USD Thousands
TABLE 43 North America Pentane Market by Country, 2019 - 2022, Tonnes
TABLE 44 North America Pentane Market by Country, 2023 - 2030, Tonnes
TABLE 45 US Pentane Market, 2019 - 2022, USD Thousands
TABLE 46 US Pentane Market, 2023 - 2030, USD Thousands
TABLE 47 US Pentane Market, 2019 - 2022, Tonnes
TABLE 48 US Pentane Market, 2023 - 2030, Tonnes
TABLE 49 US Pentane Market by Type, 2019 - 2022, USD Thousands
TABLE 50 US Pentane Market by Type, 2023 - 2030, USD Thousands
TABLE 51 US Pentane Market by Type, 2019 - 2022, Tonnes
TABLE 52 US Pentane Market by Type, 2023 - 2030, Tonnes
TABLE 53 US Pentane Market by Application, 2019 - 2022, USD Thousands
TABLE 54 US Pentane Market by Application, 2023 - 2030, USD Thousands
TABLE 55 US Pentane Market by Application, 2019 - 2022, Tonnes
TABLE 56 US Pentane Market by Application, 2023 - 2030, Tonnes
TABLE 57 Canada Pentane Market, 2019 - 2022, USD Thousands
TABLE 58 Canada Pentane Market, 2023 - 2030, USD Thousands
TABLE 59 Canada Pentane Market, 2019 - 2022, Tonnes
TABLE 60 Canada Pentane Market, 2023 - 2030, Tonnes
TABLE 61 Canada Pentane Market by Type, 2019 - 2022, USD Thousands
TABLE 62 Canada Pentane Market by Type, 2023 - 2030, USD Thousands
TABLE 63 Canada Pentane Market by Type, 2019 - 2022, Tonnes
TABLE 64 Canada Pentane Market by Type, 2023 - 2030, Tonnes
TABLE 65 Canada Pentane Market by Application, 2019 - 2022, USD Thousands
TABLE 66 Canada Pentane Market by Application, 2023 - 2030, USD Thousands
TABLE 67 Canada Pentane Market by Application, 2019 - 2022, Tonnes
TABLE 68 Canada Pentane Market by Application, 2023 - 2030, Tonnes
TABLE 69 Mexico Pentane Market, 2019 - 2022, USD Thousands
TABLE 70 Mexico Pentane Market, 2023 - 2030, USD Thousands
TABLE 71 Mexico Pentane Market, 2019 - 2022, Tonnes
TABLE 72 Mexico Pentane Market, 2023 - 2030, Tonnes
TABLE 73 Mexico Pentane Market by Type, 2019 - 2022, USD Thousands
TABLE 74 Mexico Pentane Market by Type, 2023 - 2030, USD Thousands
TABLE 75 Mexico Pentane Market by Type, 2019 - 2022, Tonnes
TABLE 76 Mexico Pentane Market by Type, 2023 - 2030, Tonnes
TABLE 77 Mexico Pentane Market by Application, 2019 - 2022, USD Thousands
TABLE 78 Mexico Pentane Market by Application, 2023 - 2030, USD Thousands
TABLE 79 Mexico Pentane Market by Application, 2019 - 2022, Tonnes
TABLE 80 Mexico Pentane Market by Application, 2023 - 2030, Tonnes
TABLE 81 Rest of North America Pentane Market, 2019 - 2022, USD Thousands
TABLE 82 Rest of North America Pentane Market, 2023 - 2030, USD Thousands
TABLE 83 Rest of North America Pentane Market, 2019 - 2022, Tonnes
TABLE 84 Rest of North America Pentane Market, 2023 - 2030, Tonnes
TABLE 85 Rest of North America Pentane Market by Type, 2019 - 2022, USD Thousands
TABLE 86 Rest of North America Pentane Market by Type, 2023 - 2030, USD Thousands
TABLE 87 Rest of North America Pentane Market by Type, 2019 - 2022, Tonnes
TABLE 88 Rest of North America Pentane Market by Type, 2023 - 2030, Tonnes
TABLE 89 Rest of North America Pentane Market by Application, 2019 - 2022, USD Thousands
TABLE 90 Rest of North America Pentane Market by Application, 2023 - 2030, USD Thousands
TABLE 91 Rest of North America Pentane Market by Application, 2019 - 2022, Tonnes
TABLE 92 Rest of North America Pentane Market by Application, 2023 - 2030, Tonnes
TABLE 93 Key Information - HCS Group GmbH
TABLE 94 Key Information - Thai Oil Public Company Limited
TABLE 95 Key Information - Trecora
TABLE 96 Key Information - Shell plc
TABLE 97 Key Information - Exxon Mobil Corporation
TABLE 98 key information - LG Chem Ltd.
TABLE 99 Key Information - Chevron Phillips Chemical Company LLC
TABLE 100 Key Information - China Petrochemical Corporation
TABLE 101 Key Information - Junyuan Petroleum Group