Pentane Market: By Type (N-Pentane, Isopentane and Neopentane), By Application (Blowing Agent, Electronic Cleansing, Chemical Solvent, Aerosol Propellant and Others), and Geography        

Pentane Market size was valued at USD 153 million by 2029 and is poised to grow at a CAGR of 3.9% from 2023 - 2029. Increase in demand for pentane from various end-user industries, growing usage of pentane in fuel blending and formulation, rapid acceptance of automobiles across the globe, inclination towards higher living standards have changed the lifestyle & buying power of the public and high growth of the electronics industry are some key factors impelling the market growth. However, factors such as implementation of stringent regulations towards usage of pentane and occurrence of high vapor explosion hazards are restricting the market growth. Pentane is an organic molecule with the chemical formula C5H12 that is made up of five carbon atoms joined together by a single bond. It's a hydrocarbon with a gasoline-like odour that can be used as a fuel. Pentane is utilised in a variety of industries, including as a blowing agent in the production of polystyrene. Increased demand for pentane from various end-user industries, low cost of pentane, and its desirable chemical features, such as better strength compared to other alkanes and superior volatility, are driving the worldwide pentane market forward. Furthermore, greater pentane consumption in fuel blending and formulation is predicted to allow end-user companies to produce more polystyrene for insulation materials. The global pentane market, on the other hand, is hampered by the installation of strict rules regarding pentane consumption.