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Pentane Market by Type (n-Pentane, Isopentane, and Neopentane) and Application (Blowing Agent, Electric Cleansing, Chemical Solvent, and Others) - Global Opportunity Analysis and Industry Forecast, 2017-2023

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MA_184606
Pages: 198
Apr 2018 | 2000 Views
 
Author's : Smriti Loomba
Tables: 92
Charts: 57
 

Global Pentane Market Overview:

The global pentane market size was valued at $97.2 million in 2016, and is anticipated to reach $128.0 million by 2023 at a CAGR of 4.1% during the forecast period. In terms of volume, the global pentane market production is estimated to reach 123.9 kilotons by 2023, registering a CAGR of 3.4%.
 

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Pentane is an organic compound having a chemical formula of C5H12, which consists of five carbon atoms that are linked together to form a single bond. It is a hydrocarbon, which possesses a gasoline-like odor and is burnt as a fuel. Pentane has several industrial uses, such as it is used to create blowing agent to further form a polystyrene.

The growth of the global pentane market is driven by increase in demand for pentane from various end-user industries, low cost of pentane, and its beneficial chemical properties, such as higher strength as compared to other alkanes and superior volatility. Moreover, increased usage of pentane in fuel blending and formulation is expected to create opportunities for the end-user industries to generate more polystyrene to make insulation materials. However, the implementation of stringent regulations towards usage of pentane hampers the global pentane market.

by application

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The global pentane market is segmented on the basis of type, application, and geography. Based on type, the market is classified into n-pentane, isopentane, and neopentane. n-Pentane generated the maximum revenue in 2016, and is expected to remain dominant throughout the analysis period, as it is widely used in various personal care and industrial aerosol products as an aerosol propellant. Moreover, it serves as an essential blowing agent for polyurethane and expanded polystyrene foams. The applications covered in the study include blowing agent, electronic cleansing, chemical solvent, and others.
 

by type

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Geographically, is the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America accounted for the highest revenue in 2016, owing to rise in production transportation vehicles in the U.S., which in turn is anticipated to fuel the demand for pentane-based foams. Moreover, surge in adoption of polymer foams in large end-user industries and high demand for blowing agents in the manufacturing of PU foam are anticipated to accelerate the growth of the North American market.
 

by geographly

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The prominent players operating in the global pentane market have strategically focused on product launch as their key strategy to gain significant share in the market. The key players profiled in the report include Royal Dutch Shell PLC, Phillips 66 Company, ExxonMobil Corporation, TOP Solvent Co., Ltd., Haltermann Carless UK Ltd., INEOS AG, LG Chem Ltd., SK Innovation Co., Ltd., Yeochun NCC Co., Ltd. and Maruzen Petrochemical Co., Ltd.

Key Benefits

  • This report provides an extensive analysis of the current trends and future estimations in the market.
  • In-depth analysis of the global pentane industry is conducted through market estimations of key segments from 2017 to 2023.
  • Comprehensive analysis of factors that drive and restrain the growth of the pentane market is provided in the report.
  • Extensive analysis of the pentane industry is conducted by following key product positioning and monitoring the top competitors within the market framework.
  • The key players are profiled along with their strategies to determine the competitive outlook of the market.

Pentane Market Key Segmentation:

By Type

  • n-Pentane
  • Isopentane
  • Neopentane

By Application

  • Blowing agent
  • Electronic Cleansing
  • Chemical Solvent
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA
 

Chapter: 1: INTRODUCTION

1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology

1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

Chapter: 2: EXECUTIVE SUMMARY

2.1. Market snapshot
2.2. CXO perspective

Chapter: 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings

3.2.1. Top investment pockets

3.3. Porter's five forces analysis

3.3.1. Bargaining power of suppliers
3.3.2. Bargaining power of buyers
3.3.3. Threat of new entrants
3.3.4. Threat of substitutes
3.3.5. Intensity of competitive rivalry

3.4. Key player positioning, 2016
3.5. Market dynamics

3.5.1. Drivers

3.5.1.1. Surge in demand for pentane from end-user industries
3.5.1.2. Low cost of pentane and its beneficial chemical properties

3.5.2. Restraint

3.5.2.1. Stringent government regulations towards the use of pentane

3.5.3. Opportunity

3.5.3.1. Increase in use of pentene in fuel blending and formulation

Chapter: 4: PENTANE MARKET, BY TYPE

4.1. Overview

4.1.1. Market size and forecast

4.2. n-Pentane

4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast
4.2.3. Market analysis, by country

4.3. Isopentane

4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast
4.3.3. Market analysis, by country

4.4. Neopentane

4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast
4.4.3. Market analysis, by country

Chapter: 5: PENTANE MARKET, BY APPLICATION

5.1. Overview

5.1.1. Market size and forecast

5.2. Blowing agent

5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast
5.2.3. Market analysis, by country

5.3. Chemical solvent

5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast
5.3.3. Market analysis, by country

5.4. Electronic cleansing

5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast
5.4.3. Market analysis, by country

5.5. Others

5.5.1. Key market trends, growth factors, and opportunities
5.5.2. Market size and forecast
5.5.3. Market analysis, by country

Chapter: 6: PENTANE MARKET, BY GEOGRAPHY

6.1. Overview

6.1.1. Market size and forecast

6.2. North America

6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, by type
6.2.3. Market size and forecast, by application
6.2.4. Market size and forecast, by country
6.2.5. U.S.

6.2.5.1. Market size and forecast, by type
6.2.5.2. Market size and forecast, by application

6.2.6. Canada

6.2.6.1. Market size and forecast, by type
6.2.6.2. Market size and forecast, by application

6.2.7. Mexico

6.2.7.1. Market size and forecast, by type
6.2.7.2. Market size and forecast, by application

6.3. Europe

6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by type
6.3.3. Market size and forecast, by application
6.3.4. Market size and forecast, by country
6.3.5. Germany

6.3.5.1. Market size and forecast, by type
6.3.5.2. Market size and forecast, by application

6.3.6. France

6.3.6.1. Market size and forecast, by type
6.3.6.2. Market size and forecast, by application

6.3.7. Spain

6.3.7.1. Market size and forecast, by type
6.3.7.2. Market size and forecast, by application

6.3.8. Italy

6.3.8.1. Market size and forecast, by type
6.3.8.2. Market size and forecast, by application

6.3.9. UK

6.3.9.1. Market size and forecast, by type
6.3.9.2. Market size and forecast, by application

6.3.10. Rest of Europe

6.3.10.1. Market size and forecast, by type
6.3.10.2. Market size and forecast, by application

6.4. Asia-Pacific

6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast, by type
6.4.3. Market size and forecast, by application
6.4.4. Market size and forecast, by country
6.4.5. China

6.4.5.1. Market size and forecast, by type
6.4.5.2. Market size and forecast, by application

6.4.6. Japan

6.4.6.1. Market size and forecast, by type
6.4.6.2. Market size and forecast, by application

6.4.7. India

6.4.7.1. Market size and forecast, by type
6.4.7.2. Market size and forecast, by application

6.4.8. Australia

6.4.8.1. Market size and forecast, by type
6.4.8.2. Market size and forecast, by application

6.4.9. Rest of Asia-Pacific

6.4.9.1. Market size and forecast, by type
6.4.9.2. Market size and forecast, by application

6.5. LAMEA

6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast, by type
6.5.3. Market size and forecast, by application
6.5.4. Market size and forecast, by country
6.5.5. Brazil

6.5.5.1. Market size and forecast, by type
6.5.5.2. Market size and forecast, by application

6.5.6. South Africa

6.5.6.1. Market size and forecast, by type
6.5.6.2. Market size and forecast, by application

6.5.7. Saudi Arabia

6.5.7.1. Market size and forecast, by type
6.5.7.2. Market size and forecast, by application

6.5.8. Rest of LAMEA

6.5.8.1. Market size and forecast, by type
6.5.8.2. Market size and forecast, by application

Chapter: 7: COMPANY PROFILES

7.1. Exxon Mobil Corporation

7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Operating business segments
7.1.4. Product portfolio
7.1.5. Business performance

7.2. HCS Group (Haltermann Carless UK Ltd.)

7.2.1. Company overview
7.2.2. Company snapshot
7.2.3. Operating business segments
7.2.4. Product portfolio

7.3. INEOS Group Holdings S.A.

7.3.1. Company overview
7.3.2. Company snapshot
7.3.3. Operating business segments
7.3.4. Product portfolio
7.3.5. Business performance

7.4. LG Chem Ltd.

7.4.1. Company overview
7.4.2. Company snapshot
7.4.3. Operating business segments
7.4.4. Product portfolio
7.4.5. Business performance

7.5. Maruzen Petrochemical Co., Ltd.

7.5.1. Company overview
7.5.2. Company snapshot
7.5.3. Operating business segments
7.5.4. Product portfolio

7.6. Phillips 66 Company

7.6.1. Company overview
7.6.2. Company snapshot
7.6.3. Operating business segments
7.6.4. Product portfolio
7.6.5. Business performance

7.7. Royal Dutch Shell Plc.

7.7.1. Company overview
7.7.2. Company snapshot
7.7.3. Operating business segments
7.7.4. Product portfolio
7.7.5. Business performance

7.8. SK Innovation Co., Ltd.

7.8.1. Company overview
7.8.2. Company snapshot
7.8.3. Operating business segments
7.8.4. Product portfolio
7.8.5. Business performance

7.9. Thai Oil Public Company Limited (TOP Solvent Co., Ltd.)

7.9.1. Company overview
7.9.2. Company snapshot
7.9.3. Operating business segments
7.9.4. Product portfolio
7.9.5. Business performance

7.10. YEOCHUN NCC CO., LTD.

7.10.1. Company overview
7.10.2. Company snapshot
7.10.3. Operating business segments
7.10.4. Product portfolio
7.10.5. Business performance

LIST OF TABLES

TABLE 01. PENTANE MARKET REVENUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 02. PENTANE MARKET REVENUE, BY TYPE, 2016-2023 (KILOTON)
TABLE 03. N-PENTANE MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 04. ISOPENTANE MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 05. NEOPENTANE MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 06. PENTANE MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 07. PENTANE MARKET REVENUE, BY APPLICATION, 2016-2023 (KILOTON)
TABLE 08. PENTANE MARKET FOR BLOWING AGENTS, BY REGION, 2016-2023 ($MILLION)
TABLE 09. PENTANE MARKET FOR CHEMICAL SOLVENT, BY REGION, 2016-2023 ($MILLION)
TABLE 10. PENTANE MARKET FOR ELECTRONIC CLEANSING, BY REGION, 2016-2023 ($MILLION)
TABLE 11. PENTANE MARKET FOR OTHERS, BY REGION, 2016-2023 ($MILLION)
TABLE 12. PENTANE MARKET FOR OTHERS, BY REGION, 2016-2023 (KILOTON)
TABLE 13. PENTANE MARKET REVENUE, BY REGION, 2016-2023 ($MILLION)
TABLE 14. PENTANE MARKET REVENUE, BY REGION, 2016-2023 (KILOTON)
TABLE 15. NORTH AMERICA PENTANE MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 16. NORTH AMERICA PENTANE MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 17. NORTH AMERICA PENTANE MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 18. U.S. PENTANE MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 19. U.S. PENTANE MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 20. CANADA PENTANE MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 21. CANADA PENTANE MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 22. MEXICO PENTANE MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 23. MEXICO PENTANE MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 24. EUROPE PENTANE MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 25. EUROPE PENTANE MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 26. EUROPE PENTANE MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 27. GERMANY PENTANE MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 28. GERMANY PENTANE MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 29. FRANCE PENTANE MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 30. FRANCE PENTANE MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 31. SPAIN PENTANE MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 32. SPAIN PENTANE MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 33. ITALY PENTANE MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 34. ITALY PENTANE MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 35. UK PENTANE MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 36. UK PENTANE MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 37. REST OF EUROPE PENTANE MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 38. REST OF EUROPE PENTANE MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 39. ASIA-PACIFIC PENTANE MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 40. ASIA-PACIFIC PENTANE MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 41. ASIA-PACIFIC PENTANE MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 42. CHINA PENTANE MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 43. CHINA PENTANE MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 44. JAPAN PENTANE MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 45. JAPAN PENTANE MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 46. INDIA PENTANE MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 47. INDIA PENTANE MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 48. AUSTRALIA PENTANE MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 49. AUSTRALIA PENTANE MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 50. REST OF ASIA-PACIFIC PENTANE MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 51. REST OF ASIA-PACIFIC PENTANE MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 52. LAMEA PENTANE MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 53. LAMEA PENTANE MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 54. LAMEA PENTANE MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 55. BRAZIL PENTANE MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 56. BRAZIL PENTANE MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 57. SOUTH AFRICA PENTANE MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 58. SOUTH AFRICA PENTANE MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 59. SAUDI ARABIA PENTANE MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 60. SAUDI ARABIA PENTANE MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 61. REST OF LAMEA PENTANE MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 62. REST OF LAMEA PENTANE MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 63. EXXON MOBIL CORPORATION: COMPANY SNAPSHOT
TABLE 64. EXXON MOBIL CORPORATION: OPERATING SEGMENTS
TABLE 65. EXXON MOBIL CORPORATION: PRODUCT PORTFOLIO
TABLE 66. HCS GROUP: COMPANY SNAPSHOT
TABLE 67. HCS GROUP: OPERATING SEGMENTS
TABLE 68. HCS GROUP: PRODUCT PORTFOLIO
TABLE 69. INEOS: COMPANY SNAPSHOT
TABLE 70. INEOS: OPERATING SEGMENTS
TABLE 71. INEOS: PRODUCT PORTFOLIO
TABLE 72. LG CHEM LTD.: COMPANY SNAPSHOT
TABLE 73. LG CHEM LTD.: OPERATING SEGMENTS
TABLE 74. LG CHEM LTD. : PRODUCT PORTFOLIO
TABLE 75. CHEMIWAY: COMPANY SNAPSHOT
TABLE 76. CHEMIWAY: BUSINESS AREAS
TABLE 77. CHEMIWAY: PRODUCT PORTFOLIO
TABLE 78. PHILLIPS 66 COMPANY: COMPANY SNAPSHOT
TABLE 79. PHILLIPS 66 COMPANY: OPERATING SEGMENTS
TABLE 80. PHILLIPS 66 COMPANY: PRODUCT PORTFOLIO
TABLE 81. ROYAL DUTCH SHELL PLC: COMPANY SNAPSHOT
TABLE 82. ROYAL DUTCH SHELL PLC: OPERATING SEGMENTS
TABLE 83. ROYAL DUTCH SHELL PLC: PRODUCT PORTFOLIO
TABLE 84. SK INNOVATION CO., LTD.: COMPANY SNAPSHOT
TABLE 85. SK INNOVATION CO., LTD.: OPERATING SEGMENTS
TABLE 86. SK INNOVATION CO., LTD.: PRODUCT PORTFOLIO
TABLE 87. THAI OIL PUBLIC COMPANY LIMITED: COMPANY SNAPSHOT
TABLE 88. THAI OIL PUBLIC COMPANY LIMITED: OPERATING SEGMENTS
TABLE 89. THAI OIL PUBLIC COMPANY LIMITED: PRODUCT PORTFOLIO
TABLE 90. YEOCHUN NCC CO., LTD.: COMPANY SNAPSHOT
TABLE 91. YEOCHUN NCC CO., LTD.: OPERATING SEGMENTS
TABLE 92. YEOCHUN NCC CO., LTD.: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01. KEY MARKET SEGMENTS
FIGURE 02. EXECUTIVE SUMMARY
FIGURE 03. TOP INVESTMENT POCKETS, 2016
FIGURE 04. HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 05. LOW BARGAINING POWER OF BUYERS
FIGURE 06. LOW THREAT OF NEW ENTRANTS
FIGURE 07. MODERATE TO HIGH THREAT OF SUBSTITUTES
FIGURE 08. HIGH COMPETITIVE RIVALRY
FIGURE 09. TOP PLAYER POSITIONING, 2016
FIGURE 10. PENTANE MARKET, BY TYPE, 2016 (%)
FIGURE 11. COMPARATIVE SHARE ANALYSIS OF N-PENTANE MARKET, BY COUNTRY, 2016 & 2023 (%)
FIGURE 12. COMPARATIVE SHARE ANALYSIS OF ISOPENTANE MARKET, BY COUNTRY, 2016 & 2023 (%)
FIGURE 13. COMPARATIVE SHARE ANALYSIS OF NEOPENTANE MARKET, BY COUNTRY, 2016 & 2023 (%)
FIGURE 14. PENTANE MARKET, BY APPLICATION, 2016 (%)
FIGURE 15. COMPARATIVE SHARE ANALYSIS OF PENTANE MARKET FOR BLOWING AGENTS, BY COUNTRY, 2016 & 2023 (%)
FIGURE 16. COMPARATIVE SHARE ANALYSIS OF PENTANE MARKET FOR CHEMICAL SOLVENT, BY COUNTRY, 2016 & 2023 (%)
FIGURE 17. COMPARATIVE SHARE ANALYSIS OF PENTANE MARKET FOR ELECTRONIC CLEANSING, BY COUNTRY, 2016 & 2023 (%)
FIGURE 18. COMPARATIVE SHARE ANALYSIS OF PENTANE MARKET FOR OTHERS, BY COUNTRY, 2016 & 2023 (%)
FIGURE 19. PENTANE MARKET, BY REGION, 2016 (%)
FIGURE 20. U.S. PENTANE MARKET, 2016-2023 ($MILLION)
FIGURE 21. CANADA PENTANE MARKET, 2016-2023 ($MILLION)
FIGURE 22. MEXICO PENTANE MARKET, 2016-2023 ($MILLION)
FIGURE 23. GERMANY PENTANE MARKET, 2016-2023 ($MILLION)
FIGURE 24. FRANCE PENTANE MARKET, 2016-2023 ($MILLION)
FIGURE 25. SPAIN PENTANE MARKET, 2016-2023 ($MILLION)
FIGURE 26. ITALY PENTANE MARKET, 2016-2023 ($MILLION)
FIGURE 27. UK PENTANE MARKET, 2016-2023 ($MILLION)
FIGURE 28. REST OF EUROPE PENTANE MARKET, 2016-2023 ($MILLION)
FIGURE 29. CHINA PENTANE MARKET, 2016-2023 ($MILLION)
FIGURE 30. JAPAN PENTANE MARKET, 2016-2023 ($MILLION)
FIGURE 31. INDIA PENTANE MARKET, 2016-2023 ($MILLION)
FIGURE 32. AUSTRALIA PENTANE MARKET, 2016-2023 ($MILLION)
FIGURE 33. REST OF ASIA-PACIFIC PENTANE MARKET, 2016-2023 ($MILLION)
FIGURE 34. BRAZIL PENTANE MARKET, 2016-2023 ($MILLION)
FIGURE 35. SOUTH AFRICA PENTANE MARKET, 2016-2023 ($MILLION)
FIGURE 36. SAUDI ARABIA PENTANE MARKET, 2016-2023 ($MILLION)
FIGURE 37. REST OF LAMEA PENTANE MARKET, 2016-2023 ($MILLION)
FIGURE 38. EXXON MOBIL CORPORATION: REVENUE, 2015-2017 ($MILLION)
FIGURE 39. INEOS: NET SALES, 2015-2017 ($MILLION)
FIGURE 40. INEOS: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 41. INEOS: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 42. LG CHEM LTD.: NET SALES, 2015-2017 ($MILLION)
FIGURE 43. LG CHEM LTD.: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 44. PHILLIPS 66 COMPANY: REVENUE, 2015-2017 ($MILLION)
FIGURE 45. PHILLIPS 66 COMPANY: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 46. PHILLIPS 66 COMPANY: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 47. ROYAL DUTCH SHELL PLC: REVENUE, 2015-2017 ($MILLION)
FIGURE 48. ROYAL DUTCH SHELL PLC: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 49. ROYAL DUTCH SHELL PLC: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 50. SK INNOVATION CO., LTD.: REVENUE, 2014-2016 ($MILLION)
FIGURE 51. SK INNOVATION CO., LTD.: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 52. SK INNOVATION CO., LTD.: REVENUE SHARE BY GEOGRAPHY, 2016 (%)
FIGURE 53. THAI OIL PUBLIC COMPANY LIMITED: REVENUE, 2015-2017 ($MILLION)
FIGURE 54. THAI OIL PUBLIC COMPANY LIMITED: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 55. THAI OIL PUBLIC COMPANY LIMITED: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 56. YEOCHUN NCC CO., LTD.: REVENUE, 2015-2017 ($MILLION)
FIGURE 57. YEOCHUN NCC CO., LTD.: REVENUE SHARE BY SEGMENT, 2017 (%)

 

Pentane is widely used in the manufacturing of polystyrene foam as a blowing agent. Low cost as compared to other chemical compounds, low boiling point, and relative safe when in use are some the key advantages of pentane, which propel its consumption across the world. Geothermal power stations use pentane in binary cycle systems, owing to its lower boiling point as compared to other substitutes. Moreover, pentane is widely applicable in pharmaceuticals, petrochemicals, and paints & coatings, owing to its advantages as a chemical solvent, such as it gives cleaner extracts as compared to other alkanes.

Expanded polystyrene (EPS) foam is applied for the insulation of household & commercial appliances, cooling containers, for formulation of boards & panels, pipes, and other similar applications.

Based on type in pentane industry, n-pentane generated maximum revenue in 2016, as it is one of the key components of the condensate compounds derived from natural gas production. Moreover, it is used as a key element for gasoline blending. Furthermore, it is used in various personal care and industrial aerosol products as an aerosol propellant. It serves as an essential blowing agent for polyurethane and expanded polystyrene foams. In addition, it is widely used as a chemical solvent, owing to its high volatility and low cost as compared to other substitutes. North America and Europe collectively accounted for about 66.5% share of the n-pentane market in 2016.

 

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