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2023

India Pentane Market

India Pentane Market Size, Share, Competitive Landscape and Trend Analysis Report by Isomer (N-pentane, Iso Pentane, and Cyclo Pentane), by Type (95% Purity & More and Pentane Blend (80/20, 60,40, & 50/50)), by Grade (Expandable Polystyrene (EPS) Grade, Polyurethane (PU) Grade, Polymer Grade, Pharma & Lab Grade, and Others) and by Region (West India, East India, South India, and North India): Country Opportunity Analysis and Industry Forecast 2022-2027

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Author's: Chidanand B| Devashree Patwardhan | Eswara Prasad
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India Pentane Market Outlook - 2022-2027

The India pentane market size was valued at $79.8 million in 2017, and is projected to reach $139.8 million by 2031, growing at a CAGR of 6.5% from 2022 to 2027.

Report Key Highlighters:

  • The n-pentane isomer dominated the India pentane market in terms of revenue in 2017, with over half of the total share.
  • More than 3,000 product literatures, industry releases, annual reports, and other such documents of key industry participants along with authentic industry journals and government websites have been reviewed for generating high-value industry insights.
  • The study covers regional analysis that includes North India, South India, East India, and West India. In addition, SWOT analysis, customer analysis list & estimated consumption in kilogram (KG), key industry highlights, key indicator for price, and CIF & FOB pricing analysis are also covered in the report. The segment analysis of each region in terms of value and volume during the forecast period 2017-2027 is covered in the India pentane market report.

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Pentane is a straight chain organic alkane compound with molecular formula C5H12. It is a colorless chemical compound and has petroleum odor. N-pentane, iso pentane, and cyclo pentane are the three isomers available in the market.

Insulation boards made up of polystyrene (PS), polyethylene (PE), polyurethane (PU), and polyisocyanurate (PIR) have gained importance in the construction industry. Several manufacturing processes and blowing & foaming agents are used during production of insulation boards. However, selection of proper production process and blowing agents are utmost important ecological and economic factors. Sustainability and high-performance characteristics of pentane make it a widely preferred foaming agent during production of insulation boards. Thus, use of pentane for producing insulation boards drives the growth of the market.

Growth in demand for pentane across insulation industry drives the demand of India pentane market

Pentanes are used as key blowing agents during formulation of insulation materials. For instance, cyclopentane are capable of improving heat insulating effect, thus cyclopentane are widely used as blowing agents during production of polyurethane foam insulation products. Insulation industry is a vital industry that determines energy transition and helps in achieving climate neutral characteristics. Pentanes are considered as vital and fundamental compounds that tend to increase the insulation characteristics of modern insulation materials. Thus, use of pentane as blowing agent tends to support the eco-friendly climate goals. Eco-balance characteristics, minimal global warming potential (GWP), and zero ozone depletion potential of pentanes make them ideal blowing agent in insulation industry. Several regulatory bodies have approved the use of pentane blowing agents as they comply with worldwide regulations implemented to protect stratospheric ozone layer. In addition, ban on use of chlorofluorocarbons (CFCs) and hydro-fluorocarbons (HFCs) has escalated the demand for pentane blowing agents. The major use of pentane as blowing agent is in polyurethane (PU), expanded polystyrene, and extruded polystyrene insulation material production.

Different isomer blends are used and the isomer blend ratio depends upon the required insulating property and dimensional stability of the insulating foam products. Thin PU foam with high insulating capability can be formulated using cyclopentane blowing agent. Cyclopentane tend to remain partially in the insulation cells in form of cell gas. This partial remains of cell gas tend has low heat conductivity that in turn tend to increase the insulating property of PU foam. Thus, high insulation property can be achieved with thin layer of PU foam that in turn increases the flexibility of PU insulation foam across construction industry.

However, acute inhalation of n-pentane cause dizziness and drowsiness. In addition, ingestion of other pentane isomers such as cyclo pentane and iso pentane tend to result in nausea, vomiting, and dizziness hampers the market growth.

The PU grade segment dominated the India pentane market, and it is anticipated to grow at a CAGR of 6.0% from 2022 to 2027. HCFC141b is another blowing agent used widely during formulation of rigid PU foam. However, due to strict key regulations over use of HCFC blowing agent owing to its adverse environmental impact has demanded the use of alternative blowing agents. Hence, the use of HCFC based blowing agent is slowly diminishing across rigid foam insulation production. Pentane are considered as the best alternative over HCFC owing to low cost and high thermal conductivity. For instance, the thermal conductivity of pentane-based blowing agents is 5- 10% higher as compared to HCFC blowing agents.  

The India pentane market is segmented on the basis of isomer, type, grade, and region. By isomer, market is divided into n-pentane, iso pentane, and cyclo pentane. By type, it is divided into 95% purity & more and pentane blend (80/20, 60/40, &50/50). On the basis of grade, the market is classified into expandable polystyrene (EPS) grade, polyurethane (PU) grade, polymer grade, lab & pharma grade, and others. Region wise, the India pentane market is analyzed across West India, East India, South India, and North India.

The isomer segment is further divided based on application. The applications n-pentane isomer includes blowing agent, electronic chemical, chemical solvent, polyethylene production, refrigerant, and others. The iso pentane applications include blowing agent, electronic chemical, chemical solvent, refrigerant, and others. The cyclo pentane applications include blowing agent, insulation, chemical solvent, refrigerant, and others.   

Key players engaged in development and production of pentane in India are RX Chemicals, Sisco Research Laboratories Pvt. Ltd., Usha Refining, Shell, Otto Chemie Pvt. Ltd., Datta Hydrochem Pvt. Ltd., GAIL (India) Limited, Central Drug House, Oberoi Refining Industry Pvt. Ltd., Ralington Pharma, Alpha Chemika, and Gayatri Industries.

India pentane market, by isomer

N-pentane isomer segment was the highest revenue contributor to the market in 2021. Blowing agents are utmost important during production of insulation foam such as polystyrene (PS), polyurethane (PU), and polyisocyanurate (PIR). The physical and chemical characteristics of n-pentane make it an active blowing agent used during production of insulation foam. The end-use industries of n-pentane include pharmaceuticals, polymer industry, chemical, and insulation industry. Narrow boiling point, purity, and evaporation rate make n-pentane an ideal propellent in aerosols and chemical reaction media applications.

India Pentane Market
By Isomer
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N-pentane isomer is projected as the fastest growing segment with 6.8% CAGR.

Sustainability and resource conservation has gained importance among consumers and manufacturing industries. Growing consumer preferences for energy efficient building insulation boards have augmented the growth of insulation materials. Insulation property of thermal boards depends upon thermal conductivity of blowing and foaming agent used during production. N-pentane is a widely used blowing agent in the production of common residential and commercial insulation boards owing to its low thermal conductivity and high insulation characteristics.  

India pentane market, by type

Pentane blend segment was the highest revenue contributor to the market in 2021. Pentane blend is a mixture of n-pentane and iso pentane with certain ratio and this ratio is denoted by numbers such as 80/20, 60/40, and 50/50. Pentane 80/20 is a blend of 80% n-pentane and 20% iso pentane. 80/20 pentane blend is a fast-evaporating hydrocarbon containing low impurity level such as sulfur, olefin, benzene, and other aromatics.

India Pentane Market
By Type
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Pentane blend type is projected as the most lucrative segment.

The applications of pentane 80/20 blend includes blowing agent, electronic cleaning, and polymerization. In addition, it can also be used as foaming agent during production of expandable polystyrene. Pentane 60/40 is a blend of 60% pentane and 40% iso pentane and used across industrial applications such as blowing agent, aerosol propellant, and electronic chemical. Pentane 50/50 is a blend of 50% pentane and 50% iso pentane and used across industrial applications that require high volatility.

India pentane market, by grade

Polyurethane (PU) grade was the highest revenue contributor and is anticipated grow ate fastest CAGR of 6.95 during the forecast period. Foam density is a crucial factor that determines insulation property of polyurethane foam. Use of low-density blowing agent maximizes insulation property of foam. Pentane foam density is 5% lower than HCFC, thus the demand of pentane as blowing agent is increasing for producing PU foam. All these factors are driving the demand of the market. Gas phase thermal conductivity is another considerable factor determining the rigidness and insulation property of PU foam. Low gas phase thermal conductivity of cyclopentane makes it viable to be used for producing rigid polyurethane foam products used across industrial insulation.  

India Pentane Market
By Grade
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PU Grade is projected as the most lucrative segment.

India pentane market, by region

North India was the highest revenue contributor to the market in 2021. North India has great potential and has employed large ORC plants for conversion of low temperature heat into useable energy and renewable energy. In addition, ORC plants are considered as viable energy conversion plants to meet energy demand across rural areas. Present energy consumption has created large demand for energy production through conventional and non-conventional energy production process. India has great potential and has employed large ORC plants for conversion of low temperature heat into useable energy and renewable energy. In addition, ORC plants are considered as viable energy conversion plants to meet energy demand across rural areas. Present energy consumption has created large demand for energy production through conventional and non-conventional energy production process.  

India Pentane Market
By Region
2027
North India 
West India
East India
South India

West India region is projected as the most lucrative segment.

KEY BENEFITS FOR STAKEHOLDERS

  • The report provides in-depth analysis of the India pentane market along with the current trends and future estimations.
  • This report highlights the key drivers, opportunities, and restraints of the market along with the impact analysis during the forecast period.
  • Porter’s five forces analysis helps to analyze the potential of the buyers & suppliers and the competitive scenario of the India pentane market for strategy building.
  • A comprehensive market analysis covers the factors that drive and restrain the India pentane market growth.
  • The qualitative data about market dynamics, trends, and developments is provided in the report.

India Pentane Market Report Highlights

Aspects Details
India Pentane Market By Isomer
By Isomer
  • N-pentane
  • Iso Pentane
  • Cyclo Pentane
India Pentane Market By Type
By Type
  • 95% purity & more
  • Pentane blend (80/20, 60/40, 50/50)
India Pentane Market By Grade
By Grade
  • Expandable Polystyrene (EPS) Grade
  • Polyurethane (PU) Grade
  • Polymer Grade
  • Pharma & Lab Grade
  • Others
India Pentane Market By Region
By Region
  • West India 
  • East India 
  • South India 
  • North India 
India Pentane Market By KEY MARKET PLAYERS
By KEY MARKET PLAYERS
  • RX Chemicals
  • Sisco Research Laboratories Pvt. Ltd.
  • Usha Refining
  • Shell
  • Otto Chemie Pvt. Ltd.
  • Datta Hydrochem Pvt. Ltd.
  • GAIL (India) Limited
  • Central Drug House
  • Oberoi Refining Industry Pvt. Ltd.
  • Ralington Pharma
  • Alpha Chemika
  • Gayatri Industries

Analyst Review

According to the opinions of various CXOs of leading companies, the India pentane market is expected to witness increased demand during the forecast period. Pentane blend is a mixture of n-pentane and iso pentane with certain ratio and this ratio is denoted by numbers such as 80/20, 60/40, and 50/50. Pentane 80/20 is a blend of 80% n-pentane and 20% iso pentane. 80/20 pentane blend is a fast-evaporating hydrocarbon containing low impurity level such as sulfur, olefin, benzene, and other aromatics. The pentane 80/20 blend can be utilized as a blowing agent, for electronic cleaning, and polymerization. In addition, it can also be as foaming agent during production of expandable polystyrene. Evaporation rate and low impurity level properties make 80/20 pentane blend a widely used option during polymer processing, cosmetic & personal care products, and aerosols. Furthermore, it can be used as an expansion agent for rigid polyurethane foams expansion and for producing high quality polymer products. The quality and performance of insulation foam are determined by several parameters.

Pentanes are mostly used during formulation and production of polystyrene and polyurethane insulation boards. Insulation material manufacturers use pentane as blowing agent for producing polyisocyanurate and polyurethane. Insulation materials are gaining importance across food and household appliances drives the demand of pentane. Insulation material industry in India is growing steadily owing to growing consumer preference for polyurethane insulation materials across construction and food industry. Polyurethane insulation material is crucial during storage and transport of food and beverages. In addition, polyurethane insulation is used across home appliances such as refrigerators and freezers.

N-pentane is widely used as blowing agent during formulation of insulation boards and is used as solvent in chromatography separation techniques. N-pentane is a suitable solvent for non-polar substances. For instance, n-pentane is used in pharmaceutical industry for purification of active pharmaceutical ingredients (APIs). In addition, combination of iso-pentane with n-pentane can be used for production of polystyrene (PS). N-pentane is used as foaming agent during production of polystyrene and polyurethane insulation foam. Other application of n-pentane includes refrigerants, packaging material production, process media for production of LLDPE, performance solvent production, and synthesis & condensation reactions.

Author Name(s) : Chidanand B| Devashree Patwardhan | Eswara Prasad
Frequently Asked Questions?

Growing demand for pentane across high octane fuel production and organic rankine cycle (ORC) plants are the key factors boosting the India pentane growth.

The India pentane market was valued at $79.8 million in 2017, and is projected to reach $139.8 million by 2027, growing at a CAGR of 6.5% from 2022 to 2027.

RX Chemicals, Sisco Research Laboratories Pvt. Ltd., Usha Refining, Shell, Otto Chemie Pvt. Ltd., Datta Hydrochem Pvt. Ltd., GAIL (India) Limited, Central Drug House, Oberoi Refining Industry Pvt. Ltd., Ralington Pharma, Alpha Chemika, and Gayatri Industries are the most established players of the India Pentane Market.

Polyurethane industry is projected to increase the demand for India Pentane.

The India pentane market is segmented on the basis of isomer, type, grade, and region. On the basis of isomer, the India pentane market is categorized into n-pentane, iso pentane, and cyclo pentane. By type, the market is divided into 95% purity & more and pentane blends (80/20, 60/40, 50/50). On the basis of grade, the India pentane market is categorized into expandable polystyrene (EPS) grade, polyurethane (PU) grade, polymer grade, pharma & lab grade, and others. On the basis of region, the market is analyzed across North India, South India, East India, and West India.

Insulation boards made up of polystyrene (PS), polyethylene (PE), polyurethane (PU), and polyisocyanurate (PIR) have gained importance in the construction industry. Several manufacturing processes and blowing & foaming agents are used during production of insulation boards. However, selection of proper production process and blowing agents are utmost important ecological and economic factors. Sustainability and high-performance characteristics of n-pentane make it a widely preferred foaming agent during production of insulation boards. Thus, use of n-pentane for producing insulation boards is the main driver of India pentane.

Polymer end-use industry is expected to drive the adoption of Pentane.

The novel coronavirus is an incomparable global pandemic that has spread to over 180 countries and caused huge losses of lives and the economy around the globe. The India pentane market has been moderately impacted due to the wake of the COVID-19 pandemic, owing to its dependence on the petrochemical industry. Pentane is a straight chain alkane hydrocarbon compound that is majorly produced using naphtha or natural gas liquid. Growing demand for medical related plastics and other polymer products has increased during the COVID-19 pandemic. This in turn has increased the demand and production of naphtha. In addition, coupled with growing medical plastics and equipment has surged across India. Naphtha is mainly derived from petrochemical products and emergence of COVID-19 has significantly reduced the demand for petrochemical production. For instance, according to report by Business Standard, the crude oil and natural gas production in India saw a negative impact. • The crude and natural gas production was dropped around 6% and 5% in the year 2019-2020 and 2018-2019. All these factors have negatively hampered the growth of India pentane market amid COVID-19 pandemic. However, the demand for naphtha is growing steadily in recent months owing to ease of countrywide lockdown. This in turn has escalated the growth of naphtha production across India. For instance, according to report by Petroleum Planning and Analysis, the naphtha demand across India reached 8.44 million mt and has demonstrated a 9.8% in January-July 2022.

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India Pentane Market