Global Pentane Plus Market to Reach US$ 373.5 Million by 2032, Propelled by Widespread Product Adoption as Alternative Fuel Source

May 25, 2023 | Chemical & Materials

According to the latest report by IMARC Group, titled “­­Pentane Plus Market by Type (N-Pentane, Isopentane, Neopentane), Application (Transportation Fuel, Chemical Solvent, Chemical Additives, and Others), and Region 2024-2032,” the global pentane plus market size reached US$ 127.5 Million in 2023. Pentane plus (C5H12) is a byproduct of refining crude oil or natural gas processing commonly used as a feedstock in various industrial applications. It is primarily a mixture of unsaturated hydrocarbons consisting of pentane and its isomers. Pentane Plus is a clear, highly volatile liquid with a strong gasoline-like odor, low boiling point, and excellent heat transfer properties. As a result, it is used as a refrigerant for commercial and industrial cooling systems. Apart from this, it is used for manufacturing chemicals and solvents and as an aerosol propellant used in hairsprays, spray paints, and insecticides.

Global Pentane Plus Market Trends:

The widespread product utilization in gasoline and ethanol blending processes to enhance octane ratings and improve the fuel efficiency of internal combustion engines (ICEs) is primarily driving the market growth. Besides this, rapid industrialization and urbanization, the expansion of transportation infrastructure, and the implementation of strict government regulations on carbon emissions are fueling the adoption of pentane plus as an alternative fuel source, thus favoring the market growth. Moreover, the increasing use of propane plus as a refrigerant in freezers, coolers, precoolers, refrigerators, and air conditioning systems due to its low toxicity is acting as another significant growth-inducing factor. In addition to this, the growing use of pentane plus as a solvent and feedstock across the flourishing chemical manufacturing sector is presenting remunerative growth opportunities for the market. Concurrent with this, ongoing research and development (R&D) efforts and technological advancements for enhancing the efficiency and cost-effectiveness of pentane plus production are positively impacting the market growth. Furthermore, the surging demand for gasoline, increasing activities in oil and gas exploration and production (E&P), and emerging applications of pentane plus in manufacturing rubber, plastic, and solar panels are strengthening the market growth. Looking forward, the market value is projected to reach US$ 373.5 Million by 2032, expanding at a CAGR of 12.69% during 2024-2032.

Market Summary:

  • On the basis of the type, the market has been segregated into N-Pentane, Isopentane, and Neopentane. Currently, N-Pentane dominates the market, holding the largest share.
  • Based on the application, the market is categorized into transportation fuel, chemical solvent, and chemical additives. Among these, transportation fuel represents the biggest market segment.
  • On a regional basis, the market has been segmented into North America (the United States and Canada), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa. At present, North America enjoys the leading position in the market.
  • The competitive landscape of the market has also been examined, with some of the key players being Aeropres Corporation, Central Drug House, Choice Organochem LLP, Datta Hydro-chem Private Limited, Exxon Mobil Chemical Company, HCS Group Gmbh, Jun Yuan Petroleum Group, LG Chem Ltd, Phillips 66 Company, Shell plc, SynQuest Laboratories, and Tradeasia International Inc.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Million
Types Covered N-Pentane, Isopentane, Neopentane
Applications Covered Transportation Fuel, Chemical Solvent, Chemical Additives
Regions Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Aeropres Corporation, Central Drug House, Choice Organochem LLP, Datta Hydro-chem Private Limited, Exxon Mobil Chemical Company, HCS Group Gmbh, Jun Yuan Petroleum Group, LG Chem Ltd, Phillips 66 Company, Shell plc, SynQuest Laboratories, and Tradeasia International Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

134 N 4th St.
Brooklyn, NY 11249, USA
Americas:- +1 631 791 1145 | Africa and Europe :- +44-753-713-2163 | Asia: +91-120-433-0800

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Global Pentane Plus Market to Reach US$ 373.5 Million by 2032, Propelled by Widespread Product Adoption as Alternative Fuel Source
Purchase options

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us

Phone: +1-631-791-1145


Phone: +91-120-433-0800


Phone: +44-753-713-2163


Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More