Pacific Pentane Plus Market

The Asia Pacific Pentane Plus market size was valued at US$ 3.86 billion in 2024 and is projected to reach US$ 5.12 billion by 2030, at a CAGR of 4.8% during the forecast period 2024-2030.

Pentane Plus refers to a mixture of hydrocarbons containing five or more carbon atoms, primarily used as a blowing agent in foam production, as a solvent in various industries, and as a component in gasoline blending.

The Asia Pacific Pentane Plus market is growing steadily, driven by demand from the construction, automotive, and petrochemical industries. China accounts for 40% of the market, followed by Japan at 20% and South Korea at 15%. In 2023, the foam industry consumed 45% of total production, with solvent applications at 30% and gasoline blending at 20%. The market experienced a 7% growth in demand from the refrigeration sector for insulation foams. Key players include ExxonMobil Corporation (USA) and SK Innovation Co., Ltd. (South Korea), holding a combined 35% market share in the region. The industry is investing in sustainable production methods, with a 10% increase in bio-based pentane research in 2023. Challenges include environmental regulations on VOC emissions, leading to an 8% focus on developing low-emission formulations. The trend towards energy-efficient buildings has driven a 12% increase in pentane-blown insulation foam demand. The market is benefiting from the growth of the electronics industry, with a 15% rise in pentane use as a cleaning solvent in semiconductor manufacturing.

Report Includes

Pacific Pentane Plus Market is an essential reference for who looks for detailed information on Asia Pacific Pentane Plus . The report covers data on Asia Pacific markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Asia Pacific major vendors¡¯ information. In addition to the data part, the report also provides overview of Pentane Plus , including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.

Pacific Pentane Plus Market aims to provide a comprehensive presentation of the Asia Pacific Pentane Plus , with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Pentane Plus . Pacific Pentane Plus Market contains market size and forecasts of Pentane Plus in Asia Pacific, including the following market information:

We surveyed the Pentane Plus manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

by Country

•    China

•    India

•    Japan

•    South Korea

•    Australia

•    Thailand

•    Indonesia

by Products type:

•    High Octane Number

•    Low Octane Number

by Application:

•    Transportation Fuel

•    Chemical Solvent

•    Chemical Additives

•    Others

key players include: (At least 8-10 companies included)

•    Reliance Industries Limited

•    China National Petroleum Corporation

•    Petronas Chemicals Group Berhad

•    Indian Oil Corporation Ltd

•    PetroChina Company Limited

•    Sinopec Corporation

•    PTT Global Chemical Public Company Limited

•    Formosa Plastics Corporation

•    SK Innovation Co., Ltd.

•    GS Caltex Corporation

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:

•    Key companies Pentane Plus revenues in Asia Pacific market, 2019-2024 (Estimated), ($ millions)

•    Key companies Pentane Plus revenues share in Asia Pacific market, 2023 (%)

•    Key companies Pentane Plus sales in Asia Pacific market, 2019-2024 (Estimated),

•    Key companies Pentane Plus sales share in Asia Pacific market, 2023 (%)

Key Points of this Report:

•    The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis

•    The report covers Asia Pacific and country-wise market of Pentane Plus

•    It describes present situation, historical background and future forecast

•    Comprehensive data showing Pentane Plus capacities, production, consumption, trade statistics, and prices in the recent years are provided

•    The report indicates a wealth of information on Pentane Plus manufacturers

•    Pentane Plus forecast for next five years, including market volumes and prices is also provided

•    Raw Material Supply and Downstream Consumer Information is also included

•    Any other user's requirements which is feasible for us

Reasons to Purchase this Report:

•    Analyzing the outlook of the market with the recent trends and SWOT analysis

•    Market dynamics scenario, along with growth opportunities of the market in the years to come

•    Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects

•    Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.

•    Market value (USD Million) and volume (Units Million) data for each segment and sub-segment

•    Distribution Channel sales Analysis by Value

•    Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years

•    Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

•    1-year analyst support, along with the data support in excel format.